Capesize Rates Post Biggest Weekly Drop in 2 Years
The Baltic Exchange's main sea freight index fell on Friday and continued to linger around five month lows as the capesize segment recorded its biggest weekly percentage decline in two years. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities, shed 14 points, or 1.23 percent, to 1,125 points, the lowest since Aug. 10, 2017. For the week, the index ended 12 percent lower. The capesize index fell 118 points, or 7.32 percent, to 1,493 points, its lowest since Aug.
Royal IHC Launches TSHD Newbuild
A new multipurpose 5,450m3 trailing suction hopper dredger (TSHD) was officially named and launched during a ceremony on January 11 at Royal IHC’s shipyard in Krimpen aan den IJssel, The Netherlands. The dredger, named DC Orisant, is being built for a joint venture between Den Herder (Reimerswaal Dredging) and Group de Cloedt and is slated for delivery in mid-2018 for work in the dredging and offshore wind markets. “The DC Orisant is a TSHD with full system redundancy and can perform a wide range of projects.
Congressional, Maritime Leaders Support Jones Act on the Hill
The House Transportation and Infrastructure Subcommittee on Coast Guard and Maritime Transportation held a hearing Wednesday on “The State of the U.S. Flag Maritime Industry” during which congressional and maritime leaders stressed the importance of the Jones Act. RADM Mark H. Mr. Mr. The Committee and those testifying expressed bipartisan support for the Jones Act and enforcement of the law. “In order for us to maintain the way of life as we know it as a nation that is secure and is able to project power, be it Navy power or commercial power, the Jones Act is intrinsic to that.
Hapag-Lloyd: Shipping Demand Up, More Mergers in 2018
German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said. CEO Chief Executive Rolf Habben Jansen also said Hapag-Lloyd, which merged with its Arab peer UASC, could achieve 85 to 90 percent of targeted annual savings from the deal of $435 million this year and 100 percent from 2019. More savings could be made in future, he told reporters in Hamburg, where he reiterated guidance for rising full-year 2017 earnings before interest, tax, depreciation and amortisation (EBITDA) and for EBIT.
Battery Hybrid Patrol Boat under Development
PBES and NORIS Automation GmbH have partnered on the hybrid drive systems for Europe’s first battery hybrid patrol vessel. The 45m long vessel is being built at Baltic Workboats Shipyard in Estonia and will be delivered with 273kWh of PBES Power 65 battery modules. “PBES batteries provide hours of low speed propulsion with reduced sound and heat signature as well as greatly increased efficiency,” said Brent Perry, PBES Chief Executive Officer. “The vessel is first of many that we will be seeing in law enforcement.
Digital Naming of Stena Immortal
The digital naming of the MR tanker Stena Immortal took place January 18 at Stena's new office in Hellerup in the north of Copenhagen. The 50,000 dwt Stena Immortal was built at the Guangzhou Shipbuilding International (GSI) shipyard in southeast China and is jointly owned on a 50-50 basis by Stena Bulk and Indonesian Golden Agri Resources (GAR). Following her delivery in September 2016, the 183-meter-long tanker has sailed in one of Stena Bulk's global logistics systems, which currently employ some 60 vessels, with a focus on refined petroleum products, vegetable oils and chemicals.
Asbestos: Maritime’s Ticking Time Bomb
The International Maritime Organization (IMO) should amend regulations banning the use of asbestos and asbestos containing materials (ACM) in ships, says John Chillingworth, senior marine principal at Lucion Marine. Regulations under the International Convention for the Safety of Life at Sea (SOLAS) state that if asbestos is found onboard a ship built after July 2002 then the vessel’s flag registry, in conjunction with its classification society, issues a non-extendable exemption certificate, providing the owner with a three-year window in which to remove the asbestos.
NTSB Issues Report on 2016 Columbia River Bulker Grounding
The National Transportation Safety Board (NTSB) issued a report on its investigation into the November 2016 grounding of the bulk carrier Nenita in the Columbia River. The Marshall Islands-flagged vessel was fully laden when it suffered an engine failure that impacted its ability to maneuver and subsequently ran aground at Three Tree Point on the Washington State side of the river. The ship’s bulbous bow and hull were damaged, but no injuries or pollution were reported. The vessel was towed to Longview, Wash.
Washburn & Doughty Wins Hybrid Tug Orders
East Boothbay, Maine based Washburn & Doughty said it has secured a contract with Harbor Docking and Towing, of Lake Charles, La., to design and build two 93’ x 38’ Hybrid Z Drive Tugs. The 93’ x 38’ hull is a proven design with 18 tugs in operation and 4 under construction. The vessel will be built as a Harbor Assist Vessel as defined in USCG Subchapter M and admeasure less than 200 gross tons U.S. regulatory tonnage. Caterpillar Marine will provide a ‘stem-to-stern’ Cat content hybrid propulsion system, with support from both Milton Cat and Louisiana Cat in the sales effort. The hybrid propulsion system scope includes 3512E (2,550 HP @ 1…
Baltic Index Drops to 5-month Low on Sinking Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell nearly 5 percent on Wednesday to its lowest in over five months due to tumbling capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, slid 57 points, or 4.7 percent, to close at 1,164 points, the lowest since Aug. 14. The capesize index fell 267 points, or 13.28 percent to 1,743 points, its lowest level since Aug. 9 last year.
EU Opens Investigation into Tax Incentives for Polish Shipyards
The European Commission on Monday opened an investigation into tax incentives for shipyards in Poland, saying it had concerns the scheme would give an unfair advantage to companies. Under the Polish scheme, shipmakers can pay a flat-rate tax on sales from the building and conversion of ships. The Commission said such a measure could be seen as “operating aid”, which is illegal under EU rules. “The Commission will now investigate further to determine whether its initial concerns are confirmed,” the EU’s competition watchdog said in a statement.
MISHA to Install DESMI BWMS Fleet-wide
Danish firm DESMI Ocean Guard A/S said it has finalized a contract to supply CompactClean ballast water management systems (BWMS) to the entire fleet of Turkish ship owner MISHA Shipping. The contract includes delivery of 10 CompactClean BWMS in sizes from 340 to 750 m3/h, with the first system to be delivered later in 2018 for the m/v Mohican currently under construction. MISHA Shipping is a privately held company with both shipping and shipyard activities. Its vessels are shallow-draft dry cargo vessels primarily designed for operations in Russian inland waters…
Langh Tech Debuts New Water Treatment Systems
Langh Tech’s new generation of water treatment systems has been launched with upgraded membrane technology to increase water cleaning capacity. In 2017, Langh Tech launched a second generation of water treatment systems based on a new type of membrane filter elements. With the new elements, Langh Tech said a 50 percent increase in water cleaning capacity can be reached compared to the previous elements, without increasing the size of the water treatment units. The new membrane elements has been tested onboard Langh Ship’s M/S Marjatta from the first half of 2017…
Vroon Offshore Vessel Undergoes Modification Work
Damen Shiprepair Oranjewerf has completed final outfitting and modifications on a second subsea-support walk-to-work (W2W) vessel for Vroon Offshore Services (VOS). VOS Stone was built at Fujian Southeast Shipbuilding in China before coming to the Netherlands for completion. This follows a similar project successfully completed in July this year at Oranjewerf, involving sister ship VOS Start. The eight-week program for VOS Stone involved a wide range of activities, including installation of a 50-tonne active heave-compensated…
First Ship Lease Trust Sells Containership Vessel Us$6.2 Mln
First Ship Lease Trust has sold its containership, FSL Busan, for a cash consideration of USD $6.2million. The compnay will record a gain on disposal of about USD $0.75 million, in 1Q 2018.
Dive Support Vessel Delivered to Stapem Offshore
The first of two new 18-meter catamaran dive support vessels built for Paris-based Stapem Offshore has been delivered by South African shipbuilder Legacy Marine Group. The Marshal Island-flagged vessel, Stapem Beluga, will operate in the coastal waters of Angola in support of oil and gas exploration and production. The vessel, designed by Incat Crowther, has been customized to suit Stapem’s specific operational requirements. The aft exterior deck utilizes available space by combining deck lockers and racks for diving equipment storage with a covered dive prepping area.
GE Ships LM2500 Marine Gas Turbine for US Navy
GE's Marine Solutions division said it has shipped a LM2500 marine gas turbine propulsion module that will help power the U.S. Navy's 75th DDG Arleigh Burke-class destroyer Jack H. Lucas (DDG 125). Shipbuilder Huntington Ingalls Industries' Ingalls Shipbuilding division will construct this new destroyer with U.S. Navy Flight III upgrades incorporated. Each DDG destroyer features four GE LM2500 marine gas turbines in a combined gas turbine and gas turbine (COGAG) configuration. "Since 1991 - for just the U.S.
Tug Newbuild Delivered to De Boer
On January 9, Damen Shipyards Hardinxveld delivered an ASD Tug 2310 SD (shallow draught), named Papillon, to De Boer Remorquage SARL, a subsidiary company of Dutch Dredging (Baggerbedrijf De Boer) and Iskes Towage & Salvage. Damen has customized the ASD for a 12-year contract with Grand Port Maritime de Guyane in the ports of Cayenne and Kourou in French Guiana. The tug’s primary function will be the assistance of vessels entering and leaving the ports. She can also provide emergency assistance, such as fire-fighting, survey activities and small transports.
G E Shipping Sells Supramax
India’s largest private sector shipping company Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2003 built Supramax Dry Bulk Carrier Jag Rahul of about 52,364 dwt. G E Shipping said that the vessel will be delivered to the new buyer in Q4 FY 2017-18. The Company’s current fleet (including Jag Rahul) stands at 48 vessels, comprising 32 tankers (12crude carriers, 17 product tankers, 3 LPG carrier) and 16 dry bulk carriers (1 Capesize, 8 Kamsarmax, 7 Supramax) with an average age of 10.24 years aggregating 3.93 mn dwt.
Global Ship Lease Extends TC with CMA CGM
Global Ship Lease, a containership charter owner, announced that it has agreed to an extension of its charter with CMA CGM for the GSL Tianjin, a 2005-built, 8,063 TEU containership. The vessel will be chartered for a period of eight to twelve months (at the charterer's option) at a fixed rate of $11,900 per day, commencing in direct continuation from its current charter on January 26, 2018. Ian Webber, Chief Executive Officer of Global Ship Lease, commented, "We are pleased to have secured this extension with CMA CGM for the continued employment of the GSL Tianjin.
Norway SWF Dumps 3 Shipping Firms
The Norwegian Central Bank has decided to exclude ship owners Evergreen Marine Corporation, Precious Shipping, Korea Line Corporation and Thorensen Thai Agencies from the Government Pension Fund Global (GPFG). The exclusion is based on the companies’ poor management of their end-of-life ships and the sale of these for dirty and dangerous shipbreaking on the beaches of Gadani, Pakistan and Chittagong, Bangladesh. The Norwegian Council on Ethics directs the Norwegian Central Bank…
Diana Shipping Enters into TC Contract with Uniper
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. The gross charter rate is US$12,700 per day, minus a 5% commission paid to third parties, for a period of minimum 12 months to maximum 15 months. The charter commenced on January 13, 2018. The m/v Phaidra was previously chartered to Jera Trading Singapore Pte. Ltd.
Navios Maritime Containers Acquires Boxship
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it has acquired the Navios Felicitas, a 2010-built, 4,360 TEU containership for a purchase price of USD 11.45 million. The vessel was delivered to Navios Containers’ fleet in December 2017. Navios Containers financed the acquisition of the vessel with cash on its balance sheet and $6.0 million of bank debt under one of its existing credit facilities. Following this acquisition, Navios Containers controls 21 vessels, totaling 88,820 TEU.
Vigor Wins $19.6m Navy Ship Repair Contract
Vigor Marine LLC, Portland, Oregon, is being awarded a $19,629,518 firm-fixed-price contract to prepare for and accomplish repair and alteration requirements for USS Kidd (DDG 100) Chief of Naval Operations scheduled, selected restricted availability (SRA) in support of the DDG-51-class destroyer ship repair program. For U.S. Naval Surface Combatants – typical repair and maintenance work to be performed in SRA includes modernization ship alterations; blasting, painting and surface preparation for complete or touch-up preservation, freeboard, struts, rudders, running gear, ground tackle, and sea-chest; hull, mechanical and electrical; various interior tanks. Work will be performed in Everett, Washington, and is expected to be completed by September, 2018.
Navy Repair Contracts Awarded
BAE Systems San Diego Ship Repair, San Diego, California (N00024-16-D-4419); Continental Maritime of San Diego, San Diego, California (N00024-16-D-4420); and General Dynamics, National Steel and Shipbuilding Co., San Diego, California (N00024-16-D-4421), are being awarded firm-fixed price modifications to previously awarded indefinite-delivery/indefinite-quantity, multiple-award contracts to exercise option period two for the accomplishment of complex emergent and continuous maintenance and Chief of Naval Operations availabilities on amphibious ships (LPD, LSD, LHA and LHD) homeported in San Diego, California. The exercising of these options ensures continued facilities and human resources capable of completing complex emergent and continuous maintenance…
Damen Launches China Support Company
Netherlands based shipbuilder Damen said it has launched its China Support Company in Shanghai, officially opened December 4, by Kommer Damen, Chairman of the Damen Shipyards Group. The company, led by Managing Director, John Zhou, will be involved in a range of activities, including commercial activity for Damen newbuild and Damen Marine Components as well as the provision of services to clients in the region. The company will support Damen’s commercial involvement and development in the region…
US Coal Exports Bound for Japan's New Power Plants
U.S. miner Cloud Peak Energy said on Tuesday it will export coal from a Montana mine for 30 to 40 months to two new power plants in Japan with shipments that could start late next year. The coal from Montana's Spring Creek Mine will be carried by rail to Vancouver and then sent by ship for delivery to two 540-megawatt coal gasification plants in Fukushima Prefecture, Cloud Peak said. JERA Trading Pte Ltd, a trading company based in Singapore, will buy the coal from Cloud Peak. Sales of the coal are expected to reach 1 million metric tonnes in the final contract year, Cloud Peak said.
New Patrol Boat Delivered to Puerto Rico PD
The Puerto Rico Police Department (PRPD) has taken delivery of a new patrol boat from Louisiana-based boatbuilder Metal Shark. The new 35-foot Defiant welded aluminum pilothouse patrol vessel, built at Metal Shark’s Jeanerette, La. production facility, joins the fleet of 36-foot Metal Shark Fearless-class high performance center console patrol boats delivered to the PRPD a year ago. The PRPD’s new patrol boat features a fully-enclosed, climate-controlled pilothouse for all weather operation, outfitted with Shockwave shock-mitigating seating for a crew of four, the builder said.
Capesize Rates Pull Baltic Index to 4-month Low
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than four-month low on Tuesday, as capesize rates dropped to their lowest since August last year. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, lost 43 points, or 3.4 percent, to 1,221 points, the lowest since Sept. The capesize index fell 221 points, or 9.91 percent, to 2,010 points, its lowest level since Aug. 10 last year.
First Containership Receives LR Cyber Notation
The newly built containership MV COSCO Shipping Aries, recently delivered to COSCO Shipping Lines, is the first ever containership to receive Lloyd’s Register’s (LR) cyber-enabled ship (CES) descriptive note “Cyber AL3 SECURE PERFORM” for its energy management system. The 20,000 TEU ship was built by Nantong COSCOS KHI Ship Engineering Co., Ltd (NACKS). “MV COSCO Shipping Aries is the first 20K TEU level ultra large containership built in Chinese shipyard owned by COSCO Shipping Container Lines.
Coast Guard Medevacs Cruise Ship Passenger
The U.S. Coast Guard has medevaced a 57-year-old man from the cruise ship MSC Divina approximately 110 miles west of Great Inagua, Bahamas, Monday. Watchstanders at the Coast Guard 7th District Command Center received a request for a medevac from the cruise liner for a passengers reportedly suffering from stroke-like symptoms, and directed the launch of a Coast Guard Air Station Clearwater MH-60 Jayhawk helicopter crew to assist. The helicopter crew arrived on scene, hoisted the patient and is flying him to Cheshire Hall Medical Centre in Providenciales…
Maersk, IBM to Launch Blockchain Joint Venture
The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars. The global shipping industry has seen little innovation since the container was invented in the 1950s, and cross-border trade still leaves an enormous trail of paperwork and bureaucracy. Success of the platform, which will be made available to the ocean shipping industry around mid-2018, depends on whether Maersk and IBM can convince shippers…
Norden Boosts Earnings Expectations
Danish shipping firm Dampskibsselskabet Norden A/S said its unaudited and preliminary results indicate an adjusted result for 2017 in the range of $20 million to $35 million, up from previous expectations of -$10 to $30 million. Norden said the anticipated earnings improvement is a result of a stronger than expected performance in the fourth quarter of 2017 in both the tanker business and dry cargo business, including the dry operator. Norden will publish its annual report for 2017 on March 6, 2018.
Shell Announces Plan for Penguins Filed Redevelopment
Shell announced the final investment decision for the Penguins field redevelopment project in the U.K. sector, which includes the construction of a new-build Sevan Marine designed cylindrical floating production, storage and offloading (FPSO) vessel. The Penguins field is in 165 metres of water, approximately 150 miles north east of the Shetland Islands. Discovered in 1974, the field was first developed in 2002 and is a joint venture between Shell (50 percent and operator) and ExxonMobil (50 percent).
Imabari to Acquire Minaminippon Shipbuilding
Imabari Shipbuilding Co., Ltd. has reached an initial agreement to acquire compatriot Japanese shipbuilder Minaminippon Shipbuilding Co., Ltd. The takeover, which remains subject to further discussions before the deal is concluded, would take effect April 1, 2018. Minaminippon’s present shareholders include Mitsui Engineering & Shipbuilding Co., Ltd. (25 percent) and Mitsui O.S.K. Lines, Ltd. (24 percent).
Top 20 Cruise Ports: Apply Now
The January/February 2018 edition of Maritime Logistics Professional will focus on today’s cruise shipping trends, how cruise lines are achieving a greener signature, and many other aspects of the global cruise markets. Additionally, MLPro will feature the World’s Top 20 Cruise Ports. To enter your port, apply at https://cruiseports.maritimeprofessional.com/. Contact MLPro editor Joseph Keefe with questions at 704.661.8475 or at keefe@marinelink. This edition will also feature bonus distribution at Seatrade Cruise Shipping in Fort Lauderdale, Fla. Enter your port now.
MV Werften Cuts First Steel for Crystal Endeavor
Shipbuilder MV Werften said it has begun building Crystal’s new luxury expedition yacht, Crystal Endeavor, with first steel cut on January 15 at its shipyard in Stralsun, Germany. Set to debut in 2020, Crystal Endeavor will be Crystal’s largest and most spacious purpose-built Polar Class ship featuring all-suite, butler-serviced accommodations, and adventure in polar regions and other remote destinations. Employees and guests watched as the flame cutter was launched by Genting Hong Kong Chairman and CEO…
Robot Lasers Prolong Engine Pistons’ Lifespan
New robotized laser cladding technology aims to revolutionize the reconditioning of large bore pistons in two-stroke engines. A new reconditioning process from Wärtsilä Services’ maintenance and repair services business Line QuantiServ minimises welding, causes less thermal shock to the base material and replaces the old chromium layer’s galvanic application. “In addition to its environmental efficiency, the new coating extends the piston head’s lifespan and time between overhauls (TBO), compared to conventional chromium layers.
Crowley Orders ATB at Bollinger
Crowley Fuels LLC has signed a contract with Bollinger Shipyards for the construction of a new 100,000-barrel-capacity articulated tug-barge (ATB) to transport multiple clean petroleum products in the Alaska market. The Alaska-class vessel will be built at Bollinger Marine Fabricators Shipyard, in Amelia, La., with an expected delivery in the fourth quarter of 2019. The build contract includes an option for a second ATB. Once built and deployed, Crowley will operate the ATB under a long-term charter with Alaska-based Petro Star Inc.…
ZIM Hires Geffen as Chief Digital Officer
Israel's largest cargo shipping firm ZIM has hired Liav Geffen to serve in the newly created position of chief digital officer (CDO). “The new Digital Unit in ZIM will drive the digital transformation the company has already embarked upon,” said ZIM president & CEO, Eli Glickman. “We intend to foster innovation and technology across the board, impacting every aspect of our operations. Over the last eight years, Geffen was VP Marketing of Harel Group. He holds a law degree and a business MBA.
China Rolls-out World's Second-Largest Ore Carrier
The second-largest ore carrier in the world was officially named Yuanhehai and delivered to China Ore Shipping, affiliated with China Cosco Shipping Corporation, in Shanghai, the state media reported. The 400,000-dwt mega ship, which is 362 meters long, 65 meters wide and 30.4 meters high, was delivered almost a year after the deal was made in 2016, China News Service reported. The Yuanhehai is the second-generation very large ore carrier (VLOC) designed by Shanghai Waigaoqiao Shipbuilding Company. The delivery was the first ship of the second-generation VLOC.
Hyundai Drive Made First Call to Hamad Port
Qatar’s Hamad Port announced the addition of a new service from South Korean shipping line Hyundai Merchant Marine (HMM) to its growing network list, QNA reported. HMM’s 365.5-metre-long ‘Hyundai Drive’ made its first call to Hamad Port, marking the official start of a new Hyundai Merchant Marine’s KME (Korea Middle East Express) service. It is the largest container vessel to make its maiden call in Qatar since the opening of Hamad Port. The vessel from Kwangyang Port in South Korea arrived at Hamad Port in the container terminal CT1.
How to Choose the Best Cruise for You
Picking a cruise should be as serious as picking the people you’re going on vacation with. Think about it, you’re stuck on a cruise just like you’re stuck with the person/people you are taking. The atmosphere, energy, cleanliness, food and activities all matter when choosing a cruise, but where do you begin? For starters, where do you want to go? Depending on where you live, or where you’re vacationing to, certain cruises can only go to certain places. For example, on the East Coast of the U.S., cruises usually either go down to the Caribbean or up toward Nova Scotia.
Road Map to Boost Singapore Maritime Industry
Dr Lam Pin Min, Senior Minister of State (SMS) for Ministry of Transport and Ministry of Health, launched the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation New Year Cocktail Reception. Developed by the Maritime and Port Authority of Singapore (MPA) in partnership with the industry, unions and other government agencies, the Sea Transport ITM builds on MPA’s strategic long term plans to develop Singapore’s next-generation port and strengthen our international maritime centre (IMC).
Indian Navy Decommissions INS Nirbhik, INS Nirghat
The Indian Naval Ships Nirbhik and Nirghat have been decommissioned at Naval Dockyard, Mumbai, after a glorious 30 and 28 years respectively in the service of the nation. The solemn ceremony involved traditional lowering of the ensign and commissioning pendants with playing of ‘Last Post’. The Chief Guest for the ceremony was Rear Admiral R B Pandit, Flag Officer Commanding Western Fleet, who had commanded Nirghat earlier. Cdr V R Naphade, (Retd) and Commodore S Mampully, (Retd), the commissioning Commanding Officers of Nirbhik and Nirghat respectively were the Guests of Honour.
Damen Yacht Support Vessel Game Changer Sold
Dutch shipyard Damen has confirmed the successful sale of its 70-meter support vessel, Game Changer. The yacht will now return to Gorinchem in the Netherlands for further customisation. Game Changer is Damen's fourth Yacht Support vessel sold in the 70-metre segment, proving the ongoing demand for large yachting solutions for worldwide adventures, helicopter and dive operations. Damen has a total of 12 Damen Yacht Support vessels delivered or in build. The next available Yacht Support vessel is a 55-metre YS 5009 Adventure, which will be delivered before the summer this year.
Fincantieri to Adapt FREMM Frigate for US Navy
Shipbuilder Fincantieri Marine Group has announced further details on its plans to adapt its FREMM frigate, already in service for the Italian Navy since 2012, to design the U.S. Navy’s new guided-missile frigate, FFG(X). Fincantieri said it will lead an industry team, including Gibbs & Cox and Trident Maritime Systems, to design and build the ships at its U.S. shipyards, including Fincantieri Marinette Marine (FMM) in Marinette, Wisc. The FFG(X) design is based on FREMM, a multi-mission ship capable of conducting antisurface…
Inside Modutech Marine’s Work Boat Medium
The U.S. Navy has some spectacular vessels, from submarines to high speed RIBs. They also have dedicated ports and support facilities worldwide. A practical reality of all of this is that the Navy requires efficient and handy boats to support the warhorses. To meet this requirement John Myers of the naval architect firm Hockema & Whalen and Associates have developed a 30 by 15-foot tug with a 5.5-foot draft. Currently the Navy has 24 of these tugs, designated Work Boat Medium, on order from Modutech Marine Inc. of Tacoma, Wash.
Jumbo Orders LNG-powered Heavy Lift Ship
Dutch transportation and installation contractor Jumbo said it has signed a Letter of Intent (LOI) with shipbuilder China Merchants Industry Holdings (CMIH) for the construction of a new heavy lift crane vessel (HLCV) scheduled for delivery in the first quarter of 2020. The DP2 vessel will feature dual fuel engines capable of operating on liquefied natural gas (LNG), and will be built to serve the offshore wind and the offshore oil and gas industries. “Despite the current offshore climate, we are committing to this industry long term,” said Jumbo managing director, Michael Kahn.
Port Hedland to Reopen as Cyclone Fades
Australia's Port Hedland iron ore terminal will likely reopen on Saturday after Australia's weather bureau cut the forecast strength of a cyclone bearing down on the continent's far northwest, the port's operator said on Friday. Cyclone Joyce, a Category 1 storm, is holding just off the beaches of Pilbara iron ore belt, prompting the overnight closure of the world's biggest iron ore export terminal, 1,700 km (1,050 miles) north of Perth, as a safety precaution. Shipping operations are expected to resume at 6 a.m. Saturday (2200 GMT Friday) should weather conditions improve.
World Seaborne Coal Trade Up in 2017
World coal seaborne trade increased by 1.5 percent last year due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity, German coal importers lobby VDKI said on Friday. Looking ahead, Wodopia said that, price-wise, China remains in the driving seat as the size of its domestic production determines how much landed coal the country needs to import. "So far, persistent demand in Southeast Asia continues to offset declining tendencies in the Atlantic and supports coal prices," Wodopia said.
Wärtsilä Developing Hybrid Tug for Brazil
Wärtsilä said it has signed a memorandum of understanding (MoU) to develop a new environmentally friendly tug design for a new port facility being built in the Brazilian city of São Mateus. The MoU, signed with Petrocity, parent company of a new port facility, will see Wärtsilä develop a harbor tug design based on its recently launched Wärtsilä HYTug, which features hybrid propulsion and energy storage using batteries. The prime consideration is to maximize the ecological operational…
Norsafe Enters the Cruise and Passenger Ferry Market
Lifeboat manufacturer Norsafe has developed a new partially enclosed lifeboat (PELB) for passenger vessels: the SOLAS compliant Minima 88, a compact 8.8m long boat with a width of 4.25m for 150 persons. Norsafe said it has received an order from Chinese shipbuilder Xiamen Shipyard to provide six of its new Minima-88 lifeboats with compatible LHD-200 davits for Finland based operator Viking Line. The ferry newbuild is due to enter service in 2021 on routes across the Baltic Sea between Turku, Finland and Stockholm, Sweden.
Damen Delivers Patrol Vessel to Nigeria
Homeland Integrated Offshore Services Ltd (Homeland) of Lagos, Nigeria, has taken delivery of another Damen 3307 Patrol Vessel for operations in the offshore oil fields in the Gulf of Guinea. This takes the total delivered vessels/Guardians since the first arrived in early 2014 to four. Guardian 4 has joined its three sister ships in providing security services to the oil majors active in Nigeria’s territorial waters, together with additional support services including crew transfers and equipment deliveries.
Eagle Bulk Shipping Adds New Ultramax
U.S. based owner of Handymax dry bulk vessels Eagle Bulk Shipping has announced that it has taken delivery of its newly acquired vessel, the M/V New London Eagle, a 2015-built CROWN-63 Ultramax. The acquisition has been funded by cash on-hand and new debt of USD 8.6 million. This loan, which equates to approximately 40% of the purchase price, represents an upsize to the existing Eagle Bulk Ultraco LLC Debt Facility which carries an interest rate of LIBOR plus 2.95% and has a maturity of October 31, 2022.
Andreas Silcher Negotiates LNG Carrier Contracts
Partner Andreas Silcher in Haynes and Boone’s London office represented TMS Cardiff Gas in its contract with Hyundai Heavy Industries of Korea (HHI) for the construction of one 174,000 cubic meter LNG carrier with XDF propulsion, plus an option for a second vessel. In a press release, TMS Cardiff Gas called the order the first in the company’s X Carrier Series of orders, which expands the company’s fleet of managed vessels to 10. The vessel is scheduled for delivery in 2020, when she will enter into a seven-year time charter contract with TOTAL Gas & Power Chartering, Limited.
Bahri Dry Bulk Secures Newbuild Finance
Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced that it has secured a Sharia-compliant funding of SAR 360 million (USD 96mln) from Bank Albilad, one of the fast-growing banks in Saudi Arabia. The fund is to finance the purchase of four new bulk carriers as part of an agreement signed by the company in 2017 with Hyundai Mipo Dockyard (HMD), a member of Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding company based in South Korea.
GE Marine Gas Turbine for New US Navy Destroyer
GE’s Marine Solutions said it has shipped a LM2500 marine gas turbine propulsion module that will help power the U.S. Navy’s 75th DDG Arleigh Burke-class destroyer Jack H. Lucas (DDG 125), the company reported at the Surface Navy Association’s 30th Annual Symposium. Shipbuilder Huntington Ingalls Industries’ Ingalls Shipbuilding division will construct this new destroyer with U.S. Navy Flight III upgrades incorporated. Each DDG destroyer features four GE LM2500 marine gas turbines in a COmbined Gas turbine And Gas turbine (COGAG) configuration. “Since 1991 – for just the U.S.
Fairbanks Morse to Power US Navy's LPD 29
Fairbanks Morse said it has been awarded a contract to build and deliver the main propulsion diesel engines (MPDE) that will power LPD 29, the U.S. Navy’s thirteenth San Antonio landing platform dock (LPD) class ship. Construction of the engines will begin in 2019 for scheduled delivery to Huntington Ingalls Shipbuilding in Pascagoula, Miss. in 2020. Fairbanks Morse will also support installation, testing and sea trials for the vessel. The four sequentially turbocharged 16-cylinder…
Port Hedland May Clear Ships as Storm Builds off Australia
Giant iron ore port may close as Australian storm builds. Vessels may be cleared from Australia's Port Hedland, the world's biggest iron ore export terminal, as early as Thursday as a safety precaution because of a tropical storm, port manager Pilbara Ports Authority said on Wednesday. The authority said Port Hedland may start clearing vessels on Thursday morning if the tropical low builds overnight into a cyclone off the Western Australia coastline. Port Hedland is used by three of Australia's top four iron ore miners - BHP,, Fortescue Metals Group and Gina Rinehart's Hancock Prospecting.
Four Japanese Companies Join Modec in Sepia FPSO Deal
Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil. "MODEC, Mitsui, Mitsui O.S.K. Lines, Marubeni Corporation and Mitsui Engineering & Shipbuilding Co have agreed to jointly invest in a long-term charter business currently promoted by MODEC, for providing a FPSO in the Sepia Area, off the coast of Brazil," said a press release. These companies have entered into related agreements for the FPSO project on January 9, 2018.
Shipowners' Club on Mayflower Autonomous Ship
The Shipowners' Club has revelead details about Mayflower Autonomous Ship project (MAS), which is an innovative new venture to design, build and sail the world’s first fully autonomous vessel across the Atlantic Ocean. The project’s name commemorates the anniversary of the Pilgrim Father’s voyage from Plymouth, UK to Plymouth in the New World (USA) on the original Mayflower in 1620. To mark the anniversary, marine tech company MSubs, Plymouth University and charitable research foundation Promare, are developing a 21-metre autonomous vessel based on a classic Oyster hull.
ABS Approves Hyundai Heavy's FPSO Hull Design
South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) for its floating production storage and offloading (FPSO) hull design from classification society ABS. “As the offshore industry strives to design more cost-effective production units, ABS remains committed to evaluating novel designs that meet our class standards,” says ABS Executive Vice President, Global Offshore Ken Richardson. “The Newbuilding Conversion FPSO hull design can be built for about half the cost as compared to a conventional FPSO hull…
New Pilot Boat Delivered to Alabama Pilots
The Alabama Pilot, Inc. in Mobile, Ala., has taken delivery of Dixey, a newly built Chesapeake Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. With length overall of 53.6’, beam of 17.8’, and draft of 4.8’, the all-aluminum pilot boat features the C. Raymond Hunt-designed Deep-V hull. It is powered by twin Caterpillar C-18 diesel engines, each delivering 671Bhp at 2100 rpm and a top speed of 27 knots. A Humphree interceptor trim-tab control system was installed at the transom.
JAN / FEB Edition of Maritime Logistics Professional magazine
Make sure your Cruise Port is in our Top 20 Feature. The January / February 2018 edition of Maritime Logistics Professional will focus on today’s cruise shipping trends, how cruise lines are achieving a greener cruise shipping signature, and many other aspects the global cruise markets. Additionally, we will also feature the World’s Top 20 Cruise Ports. Simply click the link or go to https://cruiseports.maritimeprofessional.com/ to get started. Enter your port by populating the entry form.
WWII Museum’s PT-305 Sails Again
Commercial workboat philanthropy on display on PT-305: WWII Museum’s PT-305 sails again after a far reaching donor-funded restoration. In March, the National WWII Museum in New Orleans launched its reconstructed PT-305, built locally by Higgins Industries in 1943. The museum acquired the boat known as the USS Sudden Jerk in 2007, restoration began in 2009, and it now sails Lake Pontchartrain as an interactive exhibit. PT-305, with a fifteen-man crew, belonged to a 12-ship squadron operating in the Mediterranean from 1944 until the war ended in 1945.
Renou Named President of CMA CGM America
CMA CGM said it has tapped Ludovic Renou to lead its U.S. team from its Norfolk, Va. headquarters, effective January 1, 2018. As president of CMA CGM America, Renou has been appointed to lead an organization of more than 900 associates managing annual volumes well over 2 million TEU. CMA CGM America is the U.S. agency for CMA CGM, offering 34 weekly services calling on 15 ports. Renou succeeds Marc Bourdon, who has moved to Shanghai to manage CMA CGM’s operation in China after four years in the U.S. role.
New Shuttle Tanker Design for Teekay
A new shuttle tanker concept developed by the world’s largest shuttle tanker services provider, Teekay, will offer a new level of innovation, says Wärtsilä, whose smart technology solutions will be featured on the new vessels. To date, Teekay has ordered four of these ‘next generation’ ships, each to be built at the Samsung Heavy Industries (SHI) yard in South Korea. According to Wärtsilä, the newbuilds will feature a broad assortment of its latest technology innovations, all of which are central to the concept’s overall performance gains.
Deltamarin Joins GTT for LNG-Powered Ship Designs
Finnish ship designer Deltamarin, part of AVIC Group, together with France's Gaztransport & Technigaz (GTT), an engineering company involved in membrane containment systems for transport and storage of LNG, has studied the use of membrane-type tanks on cargo and passenger vessels. For quite some time now, Liquefied Natural Gas (LNG) has been an established fuel alternative for short sea shipping routes and also acts as a complementary fuel for longer routes. Deltamarin’s references include various vessels with LNG capabilities…
Schulte Group Buys LNG Specialist PRONAV
Hamburg shipowning and management group Bernhard Schulte has signed a contract for the acquisition of 100% of the shares in the prestigious LNG ship manager PRONAV - subject to merger approval of the German Federal Cartel Office (Bundeskartellamt). The worldwide operating Schulte Group owns about 100 vessels (mainly container, tanker, bulker) and manages 600 vessels in all segments. PRONAV, based in Hamburg, is an internationally renowned ship manager specialized in large LNG tonnage.
CEMEX UK Orders Dredger from Damen
CEMEX UK Marine Limited has placed an order for the first Damen Marine Aggregate Dredger (MAD). The vessel, which will be built at Damen Shipyards Galati, in Romania, is designed to extract sand and gravel from the sea bed up to depths of 55 meters, including in the challenging conditions experienced in the North Sea. Damen said the MAD is the result of extensive market research and customer consultation. A new, future-facing vessel of this type is aligned with an aggregate industry faced with an aging fleet of vessels and an increased focus on marine activity.
Jensen Design Selected for NAVSEA Newbuild
Jensen Maritime Consultants, a Crowley company, said one of its workboat designs will be used by a Pacific Northwest boat builder to fulfill a construction project for the Naval Sea Systems Command (NAVSEA). In support of the project, Jensen will supply a functional and regulatory design package for the 41-foot vessel, which will provide ship- and sub-assist services, as well as other port operational services at U.S. Navy port locations around the world. Jensen’s Bryan Nichols…
Digital Knowledge Management: Optimal Ship Design
How does shipbuilding and ship design firm Ulstein go about successful and suitable ship design? Facing this challenge on a daily basis are Ulstein Design & Solutions BV’s project manager and naval architects Bart Daman, Ko Stroo and Dolf Manschot, whose knowledge and experience are key to the development of complex vessels for a diverse range of applications and working environments, often in a relatively small period of time and for ships that have never been designed nor built before. “For sharing and storing knowledge, the maritime sector still often uses Word and Excel.” Daman said.
Foss Ships Utility Trucks to Puerto Rico
At the Port of Virginia in Norfolk and the Port of Lake Charles in Louisiana, Foss Maritime is loading hundreds of utility trucks onto barges bound for Puerto Rico this week. It’s all part of the on-going effort to restore power to nearly half of the population who are without electricity. Last Friday, Ricardo Rosselló, governor of Puerto Rico, announced that 1.5 million Puerto Ricans are still without power 100 days after Hurricane Maria hit Sept. 20. As part of the on-going power restoration effort, Foss is working with a coalition of 19 U.S.
Korea to be Shipbuilding Leader Again: President
President Moon was visiting Daewoo Shipbuilding and Marine Engineering`s Okpo Shipyard in Geoje, Gyeongsangnam-do Province, to inspect the shipbuilding yard of an icebreaker arctic liquefied natural gas (LNG) tanker. “The government will protect and bring up your hope,” he said. The icebreaker LNG carrier the president inspected is equipped with state-of-the-art technology that`s specialized in polar regions. It enables the ship to safely navigate cold weather in temperatures as low as minutes 52 C.
CMES Fleet Adds Bulk Carriers
The delivery and naming ceremony of PACIFIC MERIT, an energy-saving and environment-friendly bulk carrier with 64 thousand DWT, tailor-made by China Merchants Energy Shipping (CMES), was held in Chengxi Shipyard on 4 January 2018. Capt. Zhao Yaoming, Vice President of CMES and President of Hong Kong Ming Wah Shipping, and Lu Ziyou, the President of Chengxi Shipyard, attended and witnessed the ceremony. On the same day, CMES held the naming and delivery ceremony for the 44th VLCC NEW PRIME in Dalian COSCO KHI Ship Engineering…
Palumbo Buys Mondomarine
Italian yard Palumbo Group has acquired the former Mondomarine facility in Savona on an initial six-month lease, reports local media. "By leasing the business unit of the Savona shipyard, Palumbo Group will grant the restart of the shipyard's activities, along with the immediate reinstatement of nine employees." Palumbo Group explained in a statement. The deal saves 9 jobs from the Italian shipyard that went into liquidation towards the end of 2017, which put a total of 57 jobs at risk.
Washington State Christens New Ferry Suquamish
The Washington State Department of Transportation (WSDOT) christened Suquamish, its fourth Olympic Class auto/passenger ferry, to serve passengers on the Mukilteo/Clinton route beginning in 2019. The christening ceremony was held at Vigor's Harbor Island Shipyard in Seattle, where the new 144-car ferry has entered the final stages of construction and preparation ahead of sea trials starting in mid-2018. In addition to summer operations on the Mukilteo/Clinton route, the new ferry will also serve as a maintenance relief vessel in the winter, filling in when other vessels are out of service.
Recent Vessel Sales: December 2017
Vessel sales for December 2017 (as of January 1, 2018) as prepared by Shipping Intelligence, Inc., New York.
Boreal Orders Electric Ferry at Vard
Shipbuilder Vard Holdings Limited said it has been awarded a contract to build a new car- and passenger ferry due for delivery to Norwegian public transport operator Boreal in the third quarter of 2019. The vessel will ply the Norwegian fjords powered by a fully electrical battery solution for continuous electric operations. Vard said the vessel’s hull will be constructed at one of its Romanian yards, Vard Braila, and final delivery will take place from Vard Brevik in Norway.
Insights: Emissions Control and Compliance
Bob Kunkel needs no introduction to Marine News readers. Kunkel, President of Alternative Marine Technologies, previously served as the Federal Chairman of the Short Sea Shipping Cooperative Program under the Maritime Administration and Department of Transportation from 2003 until 2008. A past Vice President of the Connecticut Maritime Association, he is a contributing writer for Maritime Logistics Professional magazine and of course, Marine News. A graduate of the Massachusetts Maritime Academy…
Great Lakes Limestone Trade Up in 2017
Shipments of limestone on the Great Lakes totaled 28 million tons in 2017, an increase of 6.4 percent compared to 2016, the Lake Carriers’ Association (LCA) reported. 2017’s loadings were also 2.1 percent above the trade’s five-year average. LCA said loadings from U.S. quarries inched passed their five-year average, totaling 23.2 million tons, an increase of 8.4 percent compared to 2016. Meanwhile, shipments from Canadian quarries totaled 4.85 million tons, a decrease of 2.1 percent from 2016, but 10.4 percent better than their five-year average.
BAE Systems Wins US Navy Modernization Work
BAE Systems said it has received contracts from the U.S. Navy for the modernization of guided missile destroyers USS Oscar Austin (DDG 79) and USS Howard (DDG 83), valued at $41.6 million and $47.8 million respectively. Oscar Austin will undergo 12 months of work at the company’s shipyard in Norfolk, Va., the ship’s homeport. The contract includes options that, if exercised, would bring the cumulative value to $117.1 million. Under the depot maintenance period (DMP) contract…
US-flag Great Lakes Fleet Will Get $65 Mln Winter Tune-up
U.S.-flag Great Lakes vessel operators will spend $65 million maintaining and modernizing their vessels at Great Lakes shipyards this winter. When complete, the fleet will be ready to meet the needs of commerce come the spring break-out in March. “Winter is the one opportunity our members have to renew and upgrade their vessels,” said James H.I. Weakley, President of Lake Carriers’ Association, the trade association representing the major U.S.-flag carriers. The major focus this winter will be on normal maintenance such as overhauls of engines…
TMS Cardiff Gas Places Order at HHI
TMS Cardiff Gas said it signed a contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of one 174,000 cubic meter liquefied natural gas (LNG) carrier, with an option for a second vessel. The newbuild is scheduled for delivery in 2020, when she will enter into a seven year time charter contract with TOTAL Gas & Power Chartering, Limited. This order is the first in the company’s X Carrier Series, which expands the TMS Cardiff Gas fleet of managed vessels to 10 (six LNG carriers and four VLGCs).
Four Carnival Brands to Debut New Ships in 2018
Carnival Corporation & plc will roll out four new ships in 2018 across four of its 10 global brands, as the company will add 18 new cruise liners to its fleet between 2018 and 2022. The new vessels to set sail in 2018 will be for Carnival Cruise Line, Holland America Line, Seabourn and AIDA Cruises, and follow three new ships debuted by Carnival Corporation in 2017. “Our fleet enhancement program enables us to manage the overall fleet by aligning new ship deliveries with our strategy for measured capacity growth over time…
Asian Coal Prices Spike Amidst Shipping Congestion
Over 500 ships waiting to load or unload coal; strong winter demand has driven coal, LNG and oil prices. Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fuelled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports. Spot cargo prices for Australian Newcastle coal have risen nearly 15 percent from lows in late November after China loosened import restrictions to help meet a winter fuel shortage.
Irish Ferries Orders New Ship for Dublin-Holyhead Route
Irish Continental Group plc (ICG) said it has ordered a new cruise ferry set to be the world’s largest in terms of vehicle capacity, due for delivery in 2020. The new €165.2 million ($199.4 million) cruise ferry is being built by German shipbuilder Flensburger Schiffbau-Gesselschaft & Co.KG (FSG), specifically for Irish Ferries’ Dublin - Holyhead services. It is expected to replace the schedule of the MV Ulysses, which in turn will replace the chartered-in vessel MV Epsilon. This will allow for the deployment of the W.B. Yeats (arriving mid 2018) full-time on the direct Ireland - France route alongside the MV Oscar Wilde. ICG said the new 67,300 gross ton cruise ferry will increase Irish Ferries’ freight and tourism carrying capacity on the fast-growing Dublin - Holyhead route.
EPA Provides $650K for Diesel Engine Refits
The U.S. Environmental Protection Agency (EPA) is providing the Puget Sound Clean Air Agency (PSCAA) with $650,000 to reduce diesel emissions from engines on up to eight vessels operating in the Puget Sound region. The project will provide vessel owners with incentives to scrap and replace 12-19 old Tier 0 engines with newer, more-efficient and lower-emission Tier 3 engines on six to eight harbor vessels operating in Puget Sound, Lake Union and Lake Washington. Combined with the mandatory match of $891,000, the total project cost is $1,541,000.
Seaspan to Raise $250m to Invest
Seaspan Corporation announced that it entered into a letter of intent (LoI) pursuant to which Fairfax Financial Holdings Limited, through certain subsidiaries, will make an investment of US$250 million in Seaspan in exchange for the issuance by Seaspan of 5.5% interest bearing unsecured debentures and Class A Common Share purchase warrants. Seaspan intends to use the proceeds from this US$250 million investment to fund future growth initiatives, debt repayment and for general corporate purposes. Fairfax has agreed to subscribe on a private placement basis, and subject to certain conditions, for Debentures in a maximum aggregate amount of US$250 million.
Top Ships Gets TC Extension for Four Vessels
TOP Ships, an international ship-owning company, announced that it has extended the time charter agreements with Stena Bulk AB (ex Stena Weco AS) by 12 months for M/T Stenaweco Energy and M/T Stenaweco Elegance and by 18 months for M/T Stenaweco Evolution and M/T Stenaweco Excellence. The Company expects a total gross revenue backlog associated with these time charter extensions of $27.4 million.
GTT to Design LNG Tanks for Korean Shipyard
GTT received at the end of 2017 an order from a South Korean shipyard regarding the design of the LNG tanks of a new LNG carrier. Its delivery is scheduled for the first quarter of 2020. GTT will design the LNG tanks of the unit, allowing for a capacity of 174,000 m3. The insulation solution Mark III Flex has been chosen for its ability to reduce the daily guaranteed Boil-Off gas rate to 0.085% of tank volume. 48 vessels in service already benefit from this technology. The shipowner and shipyard's names are kept confidential at this stage.
Hyundai Heavy Sets 2018 Sales Target $7.5 billion
South Korea's leading shipbuilder Hyundai Heavy Industries (HHI) aims to achieve 7.98 trillion won ($7.5 billion) in sales this year as its president warned of an unprecedented crisis due to declining order backlogs, reports Yonhap. Hyundai Heavy has not won any offshore plant orders for the past two years. The company's 2018 sales target represents a 60 percent decline from a decade ago. The shipyard said it is expected to post an estimated 10.03 trillion won in sales for 2017. The sales target is based on a parent base.
Great Lakes Towing, Shipyard to Hire 100
The Great Lakes Towing Company and Great Lakes Shipyard have announced plans to hire 100 employees before the end of January 2018 to support continued growth driven by client demand. The company said it is seeking candidates to fill a wide range of positions, including shipyard welders, shipfitters and more. “At The Towing Company, we’re looking for great people to join our team,” said Joe Starck, the company’s president. Located in Cleveland, Ohio, The Towing Company is the owner and operator of the largest fleet of shipdocking tugboats on the U.S. Great Lakes-Saint Lawrence River Seaway.
Washington State Sued for Blocking Coal Exports to Asia
A company that planned to build a coal export terminal in the Pacific Northwest to ship western U.S. coal to Asian markets sued the state of Washington on Wednesday for blocking construction last year. Lighthouse Resources Inc filed a lawsuit in federal court against Washington Governor Jay Inslee and two state regulators for allegedly violating the U.S. Constitution's commerce clause by denying permits to allow the company to ship coal mined in Wyoming, Montana and other western states through its proposed Millennium Bulk Terminal to clients in Japan and South Korea.
Shipbuilding: $13.3 Mln Awarded for R&D Projects
The National Shipbuilding Research Program’s (NSRP) Executive Control Board has selected a new round of research and development (R&D) projects aiming to spur technology advancements in order to reduce costs associated with shipbuilding and ship repair in the U.S. The seven projects – valued at over $13.3 million, including cost share – were selected from those proposed in response to research announcement issued in July 2017, and are outlined below. Objective: The primary goal…
Weeks Marine Takes Delivery of Hopper Dredge Magdalen
Weeks Marine’s new self-propelled hopper dredge, Magdalen, was delivered by Eastern Shipbuilding on December 22 following sea trials and regulatory inspections. The newbuild is one of the two newest, and among the largest hopper dredges in the U.S., and will bring formidable pumping power to offload beach quality sand or other materials for land reclamation. On December 28, the new dredger sailed from Eastern's Allanton facility in Panama City, Fla. on her maiden voyage to the East Coast.
Canada Fines another Vessel for Speeding
Transport Canada has issued a $6,000 fine to the owner of Panama flagged bulk carrier Federal Cardinal after the supramax vessel allegedly failed to comply with vessel speed restrictions in the Gulf of St. Lawrence. In August Canada put in place a temporary mandate for vessels of 20 meters or more to slow to a maximum of 10 knots due to the increased presence of whales in the western Gulf of St. Lawrence, between the Quebec north shore and just north of Prince Edward Island – a rule that will remain in effect until the whales have migrated away from the area.
Emilsen Fisk Buys a Workboat from Tuco Marine
Danish shipbuilder Tuco Marine rounded out 2017 with the sale of another ProZero boat for the Norwegian fish farming sector. Emilsen Fisk in Rørvik has ordered a ProZero boat tailored to breeders' specific requirements. The 11-meter ProZero workboat, purchased through Tuco subsidiary ProZero Norge AS, will be used for passenger transport at the Emilsen Fisk AS breeding plant off Rørvik. Tuco noted that the vessel’s deep-V bottom secures a comfortable ride and exceptional seakeeping capabilities – all-important qualities if the crew is to arrive rested and ready at the facility.
India Exempts Biometric Enrolment for Cruise Tourists with e-Visa
With a view to promote cruise tourism in India, Cruise tourists to India with e-visas will be exempted from biometric enrolment till December 31, 2020, the government said. This will make immigration clearance of such passengers faster, leaving them with more time to spend on shore. This is also an important factor that helps cruise lines decide whether or not to include a destination in their itinerary. The Ministry of Shipping has been working towards simplifying the immigration…
GasLog: New Shipbuilding Order with SHI
GasLog , an international owner, operator and manager of liquefied natural gas (LNG) carriers, has announces that it has ordered a newbuild 180,000 cubic meter vessel with XDF propulsion from Samsung Heavy Industries (SHI) that is scheduled to deliver in the third quarter of 2019. This vessel is currently unchartered but its early delivery means that it is expected to deliver into a strong LNG shipping market. Paul Wogan, Chief Executive Officer of GasLog Ltd., commented, "I am very pleased to announce this expansion in our fleet.
LCS Manchester Completes Acceptance Trials
The seventh Independence-variant Littoral Combat Ship (LCS) built by Austal, Manchester (LCS 14), has completed acceptance trials December 15 in the Gulf of Mexico, marking the final significant milestone prior to the warship’s delivery in early 2018. This milestone achievement involved the execution of intense comprehensive tests by the Austal-led industry team while underway, which demonstrated to the Navy the successful operation of the ship’s major systems and equipment. LCS 14 will be the second Independence-variant LCS Austal delivers to the Navy in less than six months.
Bulker Refloated in St. Lawrence Seaway
A 623-foot bulk carrier was refloated in the St. Lawrence Seaway Saturday after running aground near Wellesley Island, N.Y. last Wednesday. The Antigua Barbuda flagged vessel Pacific Huron was refloated under the direction of the Donjon-Smit salvage master, two Canadian tugs, the Evans Mckeil and the Ocean A. Simard. No injuries or pollution have been reported. A pilot boarded Pacific Huron to navigate the vessel to its anchorage location at Mason Point. On Sunday divers conducted an underwater hull survey, and the classification society inspected the ship’s propulsion system.
Saudi Aramco Shipyard Joint Venture Appoints CEO
Saudi Aramco and its partners have appointed Fathi K. Al-Saleem as chief executive of a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’s drive to diversify the economy beyond oil. The state-owned oil giant said in a statement on Friday that International Maritime Industries (IMI) had been officially launched in partnership with National Shipping Co of Saudi Arabia (Bahri), engineering firm Lamprell Plc, and South Korea’s Hyundai Heavy Industries Co.
South Korean Shipyards Aim More Orders
South Korean shipyards have sharply raised their order targets for next year on expectations that the shipbuilding sector will improve, Yonhap reported. The country's three major shipyards - Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME), and Hyundai Heavy Industries (HHI) - are looking at improving business conditions on the back of a recovery in the global economy and stable oil prices. The report quoted industry sources saying that HHI is targeting US$13.2 billion worth of new orders next year, up 76 percent from this year's $7.5 billion.
Triyards Loses Two Shipbuilding Contracts
Triyards Holdings, the offshore marine division of Ezra Holdings, has swung deep into the red following the termination of two shipbuilding contracts worth some $51 million. "The Board of Directors of Triyards Holdings wishes to announce that its wholly owned subsidiary, Saigon Offshore Fabrication and Engineering Limited, has received notices of termination of the two shipbuilding contracts dated 26 June 2015 and the addendum dated 10 May 2017 for the design and construction…
17 Keppel Employees Pay for Petrobras Bribery Case
Keppel Corp's rig-building unit has taken disciplinary action against 17 current and former employees as part of its Brazil bribery case, a U.S. court document showed, including $8.9 million of financial sanctions, demotions and departures. The measures were revealed after the Singapore-based company agreed to pay $422 million to settle charges it bribed Brazilian officials, including some at state-run oil company Petrobras. Singapore authorities are investigating individuals involved. In the document seen by Reuters, U.S.
Ocean Yield to Invest in Modern Vessels
Ocean Yield ASA is currently in negotiations regarding further investments in modern vessels with long term charters, said the company. In a press release, Ocean Yield said that the investments are still subject to board approval and agreement on documentation. Ocean Yield expects that final decisions with respect to these investments will be made during the next few weeks. Recently, the company announced that it has agreed to acquire three suezmax crude tankers with 10-year bareboat charters to Nordic American Tankers Limited (NAT).
Azerbaijan, Russia Introduces New Cruise
The Chairman of Azerbaijan Caspian Shipping Company (ACSC) Rauf Veliyev and Konstantin Anisimov, the General Director of Moscow River Shipping Company (MRSC) signed in Baku a memorandum of cooperation in cruise shipping in the Caspian region with the use of the new cruise passenger vessel "Peter the Great". The agreement was signed during the visit of the Russian delegation headed by Konstantin Anisimov to Baku. The agreement provides for joint activities on study and development of optimal routes for cruise passenger vessels…
Bulkers to Benefit as China Iron Ore Appetite Grows
It has been quite awhile since the global bulk carrier market has had much to cheer about, but U.S. dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron ore from Brazil and Australia. To combat severe winter smog, China has slashed iron ore output, pushing steel mills in the world's second biggest economy to import more high-grade ore. China also wants to make pollution control a priority for the next three years.
Best Workboats of 2017
Marine News showcases the best of North America’s 2017 workboat deliveries. There is something for everyone. Notwithstanding the lingering offshore energy downturn, there were plenty of bright spots for North American shipyards in 2017. If a hull was delivered in 2017, we took a look at it, with several areas as a focus for inclusion into this edition. For starters, it is always exciting when a domestic yard delivers a vessel – or multiple vessels, for that matter – to foreign buyers. We can compete in a foreign arena; on price, quality and on-time delivery. This year was no different.
Samsung Heavy Bags USD 197 Mln LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has bagged a KRW 210 billion (USD 195 million) deal, for construction of an liquefied natural gas (LNG) carrier. A report in Business Korea said that SHI will ink the contract with a foreign shipping company by the end of the year, Samsung Heavy Industries officials said. The name of the company, however, remained undisclosed. SHI reportedly said it is a “foreign company”. The ship will have capacity of transporting 180,000 cubic meters of LNG and she will be probably delivered in 2020, according to local media.
Star Bulk to Repay Debt Principal
Star Bulk Carriers announced that, in light of the improved performance of the Company and the dry bulk market in general, it is planning to make debt principal repayments that are in total at least equivalent to the amortization payments scheduled prior to the commencement of debt amortization holidays. The repayment will start from January 1st 2018, under the “cash sweep” mechanism incorporated in its loan agreements. Star Bulk had previously agreed with its Lenders debt amortization holidays that commenced on June 1st 2016 and were due to end on June 30th, 2018.
The World's Top 20 Cruise Ports
Calling all cruise ports! Maritime Logistics Professional are compiling the world’s Top 20 Cruise Ports - and we want to hear why your port should be considered. Just answer a few simple questions and you will be on your way to being featured in the next edition of Maritime Logistics Professional. The winners will be published in the January with distribution at Seatrade Cruise Global in Fort Lauderdale. Enter your port today! To enter visit: https://goo.gl/tSzHN6
LNG: Maritime's Fuel of the Future
The move to LNG as fuel in the maritime sector picks up steam, as CMA CGM announced plans to outfit nine of its new 22,000 TEU containerships with LNG fueled engines. A trend that started in the United States is spreading to the world, as global containershipping giant CMA CGM announced its intention to outfit its series of new 22,000 TEU containerships with LNG-fueled engines. The move to ‘clean fuel’ in the maritime sector has been rapid, spurred by new rules from the International…