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SHIPPINGInsight 2013 Agenda Published
The SHIPPINGInsight producers announced that the agenda for the 2013 Fleet Optimization Conference has been finalized. Now in its second year, the 2013 SHIPPINGInsight Conference addresses the challenges, solutions, technologies and best practices for improving efficiency in ship and fleet operations. It will take place Oct. 22-24 at the Sheraton Stamford Hotel in Connecticut. Keynote speakers will be Anthony Chiarello…
Japan Needs U.S. LNG, But Quickly ...
Japanese trade minister Toshimitsu Motegi calls for early U.S. approval for exports to his country of liquefied natural gas (LNG). The Japanese minister made his…
Harvey Gulf Invests $540 Million in LNG Vessels
Chief Executive Officer of Harvey Gulf International Marine, Shane Guidry announced the execution of three agreements for vessels totaling $540 million. These purchases will raise the total capital expenditures of Harvey Gulf to $1.7 billion since August of 2008. The first agreement is between Harvey Gulf International Marine and Eastern Shipbuilding Group for the construction of two STXCV 340’ x 73’ x 29.5’ Heavy Lift Construction Vessels.
InterManager Discussion Reveals Lifeboat Concerns
Lifeboat hooks can be lethal, and their design is out of date and unsuitable to meet modern demands, according to serving seafarers whose views have been gathered by InterManager. Following a series of incidents and fatalities involving lifeboat hooks, InterManager, the international trade association for the ship management industry, has gathered comments from seafarers of various ranks in an online discussion forum.
Japan Warms to ME-GI Concept
One of MAN Diesel & Turbo’s oldest licensees held a successful demonstration of the ME-GI concept on April 17, 2013 at its Tamano works. A large crowd of guests attended the demonstration and the following reception where, among others, MAN Diesel & Turbo’s Dr. René Umlauft, CEO, and Thomas Knudsen, Head of the Low Speed business unit, held commemorative speeches. In his speech, Dr. Umlauft described…
LNG Bunkering: All One Needs to Know ...
In his newly published book, industry expert Nigel Draffin answers the key questions about LNG bunker fuel. The publishers, Petrospot, say that Nigel Draffin answers…
Markey’s Mark on the Deck Machinery
105 years young, Markey Machinery has a strong history in the workboat and oceanographic market, and according to Blaine Dempke the orderbook is full and the future is bright. Blaine Dempke, President, Markey Machinery, is somewhat like the company he leads: long-term and steady, as the 30+ year veteran explained. “I began my career at Markey Machinery in 1978 as an entry level drafter and worked my way up through engineering,” Dempke said.
Dual-fuel MAN Marine Engine Excites Japanese Interest
One of MAN Diesel & Turbo’s oldest licensees, Mitsui, hosts a demonstration of the ME-GI marine diesel engine at its Tamono works. A large assembly of guests attended the demonstration and the following reception where, among others, MAN Diesel & Turbo’s Dr. René Umlauft, CEO, and Thomas Knudsen, Head of the Low Speed business unit, gave commemorative speeches. In his speech, MAN Diesel & Turbo’s Dr.
Tsakos Announces Public Offering
Tsakos Energy Navigation Limited (TEN), a product, crude and LNG tanker operator, today announced that it plans to offer its Series B Cumulative Redeemable Perpetual…
China J/V to Buy Six LNG Carriers
China Shipping Development and Sinopec Kantons are to spend HK$11.71 billion to buy six LNG carriers, which will be chartered to Sinopec. The two companies have…
Tsakos Delivers Shuttle Product Tanker
Tsakos Energy Navigation Limited (TEN), a product, crude and LNG tanker operator today announced the successful delivery of its second fully coated DP2 suezmax shuttle product tanker…
Stealth Gas Offer Stock in Order to Buy LNG/LPG Ships
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships. The gross…
China LNG Contracts for GDF Suez
GDF sign significant agreements with Chinese partners for an LNG carrier charter, gas storage and regasification facilities. An agreement with the China National…
Sea Star Enlarges Refrigeration Fleet, Preps for LNG Ships
Sea Star Line, LLC said that it has increased its refrigerated container fleet by 25% in the past year to better serve the Puerto Rico trade. Sea Star is also in…
GofM Energy Hub: LNG Exports to India Planned
United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico. The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K. Balyan and Stephen Payne, Chairman & General Partner of United LNG, of the United States, at the LNG 17 Conference held in Houston, Texas. The parties said they…
GE Partners with the Shanghai Maritime University
GE signed an agreement with Shanghai Maritime University (SMU) to help improve the capabilities of the shipping engineering community in China by providing laboratory facilities and cooperating on research and innovation projects. SMU is a multidisciplinary university that encompasses such areas as engineering, management, economics, law, liberal arts and science, with a special emphasis on shipping technology, economics and management.
ABS Reports Continued Growth in 2012
ABS hosted its Annual Meeting in New York on April 23, 2013. ABS Chairman, Robert D. In 2012, the ABS-classed fleet reached 193.5 million gross tons, a growth rate of more than 4% year-on-year. ABS also maintained its leading position in the global orderbook with 21% of all vessels on order designated for ABS class. With nearly 70% of all vessels aged ten years or less, ABS has one of the youngest fleets showing a strong foundation for a successful future of the organization.
Bulk Carrier Wind Project Concluded
Zodiac’s bulk carrier Cape Flamingo was the focus of a wind energy monitoring project, as the project partners investigated the potential to improve fuel efficiency.
LNG Sloshing Prevention Technology
Amarcon and GTT to develop technology that enhances the quality of sloshing measurement & prediction for LNG carriers. Amarcon, a member of the ABB group, has signed a cooperation agreement with GTT (Gaztransport & Technigaz) to market and further develop a forecasting and advice software system for sloshing prevention onboard LNG carriers. Sloshing prevention is an advanced module within Amarcon’s…
Panama Canal, Vehicle Carriers Discuss Expansion Program
As part of the permanent dialogue with the shipping industry, a Panama Canal Authority (ACP) delegation headed by Administrator Jorge L. Quijano visited South Korea to hold discussions with the vehicle carrier market segment and obtain feedback on the future toll structure being developed by the ACP that will go in effect upon completion of the Canal Expansion Program. Canal officials met with the Korea Shipowners’ Association, Hanjin Shipping and STX Pan Ocean, Ltd.