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US Waters Down China Ship Fee Plans, COSCO Remains Indignant
On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U.S. Trade Representative (USTR) was watered down from a February proposal for fees on China-built ship of up to $1.5 million per port call.Ocean shipping transports about 80% of global trade - from food and furniture to cement and coal.
Hanwha Moves to Build LNG Carriers in U.S., Bloomberg reports
As tariffs and trade wars continue to unsettle markets globally, some astute companies are moving to fill the void. One is South Korean shipbuilder Hanwha Ocean, which according to a report by Bloomberg is moving to build the LNG tankers in the United States, responding to new policy recommendations from the U.S. Trade Representative (USTR) aimed at curbing Chinaâs dominance in global shipbuilding.The USTR proposal, unveiled Thursday, includes tariffs on Chinese-built vessels calling at U.S.
Shell to Complete Marine Survey at Venezuela Gas Field Ahead of License Cancellation
Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said.Colombia-flagged survey vessel Dona Jose II arrived in U.S.-sanctioned Venezuela this month to gather data for Shell and Trinidad's National Gas Company, according to LSEG vessel monitoring data.The exploration workâŚ
LPG Market Faces Shifts Amidst Trade War
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.The shakeup is expected to depress the shale gas byproducts' prices and demand, hurt the bottom lines of U.S. shale producers and Chinese petrochemical companiesâŚ
NYK, Partners Name First of 12 New LNG Tankers for QatarEnergy
A joint venture, comprising NYK, Kawasaki Kisen Kaisha, MISC Berhad, and China LNG Shipping (Holdings), has held a naming ceremony for a new liquefied natural gas (LNG) carrier for QatarEnergy, the first of 12 being built for the state-owned energy company of Qatar.The ceremony was held at Hudong-Zhonghua Shipbuilding (Group) in China, and the vessel was named Al Tuwar, after the name of a hill in Al WakrahâŚ
Asian Spot LNG Prices Remain at One-Year Low Amidst Supply Disruptions
Asian spot liquefied natural gas (LNG) prices remained at a near one-year low this week, as supply disruptions from three export facilities in the region and someâŚ
Petronas' Bintulu LNG Complex: Production Issues
Petronas' Bintulu liquefied natural gas (LNG) complex in Malaysia is experiencing production issues, two industry sources said on Thursday, though offtakers say supply is not expected to be affected.One of the sources added that the production problems were due to an issue with the boiler in the complex.Petronas did not respond to a request for comment.The Bintulu complex in the Sarawak state on Borneo island is Petronas' flagship LNG facility, with an annual production capacity of 29.3 million
MEYER WERFT Contracts ALMACO for NYK Cruises Newbuild Project
In September 2022, ALMACO signed an agreement with MEYER WERFT to provide the newbuild S721 of Japanese NYK Cruises with ALMACOâs Provision Cooling Plant. The scope of work includes the supply and commissioning of chiller units and air coolers. The vessel will be the second luxury cruise ship of NYK Cruises and serve the Japanese cruise market.The vessel will carry 744 passengers and 470 crew members. It will be 228.86 meters long and 29.8 meters wide with a tonnage of 51,950 GT.
Maritimeâs Search for the Holy Grail of Alternative Energy
The maritime industry has worked with a single fuel source for over a century and with the rush to meet emission standards in both domestic and foreign markets, adapting to the current list of alternative fuels is going to present significant problems. Each market has its issues whether bluewater, brownwater, coastal, foreign or domestic.Chose any of the larger global shipbuilding yards and the basicâŚ
Worldâs Largest LCO2 Carrier Launched
HD Hyundai Mipo has launched a 22,000cbm liquefied CO2 (LCO2) carrier under construction for Capital Clean Energy Carriers.The 160-meter vessel is currently the worldâs largest LCO2 carrier. The vessels bi-lobe storage tanks maintain the CO2 at five times atmospheric pressure and -55 degrees Celcius. It is also capable of carrying LPG and ammonia.The vessel is being built to Ice Class 1C standard andâŚ
AD Ports Group: First Ship-to-Ship LNG Bunkering at Khalifa Port
AD Ports Group, a global enabler of trade, transport, industry, and logistics, recently hosted its first ship-to-ship (STS) liquified natural gas (LNG) bunkering operation at its flagship deep-water Khalifa Port.The STS bunkering was part of a simultaneous operation, in which the container vessel MSC Thais, berthed at Abu Dhabi Terminals, received LNG fuel from the dedicated LNG bunker vessel Green Zeebrugge, supplied by marine fuels provider Monjasa.
V. Secures Management Contract for Six Dual-Fuel LNG Tankers
V., ship manager and marine services provider, has been awarded the full technical and crew management of six scrubber-fitted, dual-fuel (LNG) ready LR1 vessels by International Seaways, Inc. V., has been awarded the full technical and crew management of six LR1 vessels. Credit: V.The contract further strengthens V.'s partnership with INSW in which V.Ships UK manages 44 vessels in the INSW fleet, spanning VLCCsâŚ
Thailand Plans to Import More US LNG Over the Next Five Years
Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs.There is already an agreement to import 1 million metric tons of LNG worth $500 million next year as part of a 15-year plan starting in 2026 totalling 15 million tons, he said.Thailand is planning an additional contract for more than 1 million tons of U.S.
CMA CGM Seine: 24,000 TEU LNG dual-fuel Containership Delivered by Chinese Shipyard
CMA CGM Seine, a new 24,000 TEU LNG dual-fuel container ship classed by Bureau Veritas (BV) and built by Hudong-Zhonghua Shipbuilding (HZSY), was delivered.CMA CGM Seine the first vessel in a four-ship series, with BV providing classification and BV Solutions Marine & Offshore (BVS) providing advisory services. The CMA CGM SEINE plays a crucial role in CMA CGMâs low-carbon strategy. The vessel integrates a dual-fuel propulsion system supported by GTT Mark III membrane-type LNG bunker tanksâŚ
CMA CGM Takes Delivery of Largest Dual-Fuel LNG Container Ship
Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation Limited (CSSC), has delivered the ultra-large 23,876 TEU LNG dual-fuel container ship CMA CGM Seine.The vessel is the world's first ultra-large dual-fuel container ship, and it can hold 18,600 cubic metres of LNG in a Mark III membrane tank which enables it to sail nearly 20,000 nautical miles.The vessel is 399 meters long and 61.3 meters wide.
Venture Global LNG Starts Commercial Operations at Calcasieu Pass Plant
Venture Global LNG has begun commercial operations at its Calcasieu Pass plant in Louisiana, ending a more than a three-year commissioning process at the plant, the company said on Tuesday.Venture Global will now sell LNG to its long-term customers at lower prices rather than test cargoes to the highest bidders in the red-hot global market.Just a startup five years ago, Venture Global is the country's second-largest LNG producer, helping the U.S.
TotalEnergies Inks 15-Year LNG Supply Deal for Dominican Republic
TotalEnergies has signed an agreement with Energia Natural Dominicana (ENADOM), the joint venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year.Subject to the finalization of the supply purchase agreements (SPAs), this contract is set to start in mid-2027, for 15 years, with the price indexed to Henry Hub.The agreement will enable ENADOM to supply natural gas to the 470 MW combined-cycle power plantâŚ
Crowleyâs New LNG-Powered Quetzal Begins Maiden Commercial Voyage
Crowleyâs new LNG-powered containership Quetzal has successfully begun its inaugural commercial voyage, opening the companyâs next era of faster, frequent ocean shipping with a new class of vessels for the U.S., Central America and the Dominican Republic.With capacity for up to 1,400 20-foot container equivalent units (TEUs), Quetzal and its three forthcoming sister Avance Class ships will provide more cargo capacity while using lower-emissions liquefied natural gas (LNG) for fuel.
Stakeholders Respond to MEPC 83 Outcome
The IMO Net-zero Framework agreed at MEPC 83 last week is theâŻfirst in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. The measures include a new fuel standard for ships and a global pricing mechanism for emissions. These measures, set to be formally adopted in October 2025 before entry into force in 2027, will become mandatory for large ocean-going ships over 5âŚ
Sea Change in Cybersecurity: USCG's New Maritime Reg Set to Transform Digital Safety at Sea
The $5.4 trillion global maritime industry faces a perfect storm of cyber vulnerabilities, and a new government regulation aims to be the lighthouse guiding stakeholders to safer digital harbors.On January 17, 2025, the US Coast Guard (USCG) published a final rule titled âCybersecurity in the Marine Transportation System,â aiming to bolster the cybersecurity posture of the nationâs marine transportation system (MTS).
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
Digitalization Driving Safety in the Maritime Sector
Video: LNG Carrier Transits the Northern Sea Route
Designer seeks permit to send out United States gas to Mexico for LNG exports
Crowley Christens LNG-Powered ConRo
Pasha Hawaii Brings LNG Containerships Online
Inside Crowley's Commitment Class ConRo Ships
Maritime Reporter TV Interviews Leif Gross, Caterpillar
Enhancing Gas Carrier Reporting and Reducing Crew Burden with ABS Wavesight Nautical Systems⢠Voyage Manager
