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4,000 hp Z-Drive Tug Delivered to Crescent Towing
Bollinger Shipyards delivered Savannah, a 4,000-hp, Z-Drive tug, to Crescent Towing of New Orleans. Savannah - which measures 96 x 34 x 14.75 ft. - is Crescent Towing's 24th tug overall…
New Report Finds LNG Future Bright
The new report “The Drewry Annual LNG Shipping Market Review and Forecast” finds one sector of shipping with a bright future. new/expanded, terminals. encouraging…
Meet the ULFPS
While seeking to consolidate its existing LNG carrier workload by bidding for new tonnage to serve the Qatari export traffic and other projects, Spanish shipbuilder…
Wärtsilä Tests First Dual-Fuel Engine
dual-fuel engines for a 74,000 m3 LNG carrier. France. ship's propulsion and shipboard electrical requirements. 6L50DF engines each develop 5700 kW at 514 rev/min. plant. 2002.
MISC Expects Good Profits
Malaysian International Shipping Corp. (MISC), the world's largest liquefied natural gas (LNG) carrier, said it expects profits in fiscal 2002 to be higher than 2001.
The Rich Get Richer
Shipping magnate John Fredriksen is Norway's richest man, his tanker company Frontline is the world's biggest, and now his week-old gas transport venture Golar…
EC Extends Shipbuilding Subsidies to LNG Carriers
The European Commission (EC) has decided to extend the granting of temporary and limited state aids in the shipbuilding sector to liquefied natural gas (LNG) carriers.
The Efficient Tugboat: The Efficient Tug
In many ports across the country, competition among tugboat operators is intense. The combined Port of Los Angeles and Long Beach is one such competitive environment for tug operators.
Editor’s Note
I’ve been to many ship and boatbuilding facilities ... domestic and foreign; large and small; modern and antiquated. In fact, traveling to shipyards, witnessing…
Keppel Completes Raissa
Keppel Offshore & Marine (Keppel O&M) Group has strengthened its participation in the inshore oil and gas drilling industry, with the successful completion of the Raissa…
Spain: IZAR Shows Its Mettle in the Gas Sector
As the sole shipbuilding organization outside eastern Asia with a current involvement in the construction of large LNG carriers, IZAR is determined to maintain a long-term position in a promising…
The Automated Ship: Challenger to the Last Steam Bastion
Over the years, a succession of alternatives to steam turbine propulsion for large LNG carriers has been rolled-out by the marine engineering industry. Nonetheless…
Daewoo Announces 1Q Results
South Korea's Daewoo Shipbuilding & Marine Engineering said it earned 100.4 billion won ($76.34 million) in EBT (earnings before taxes) during the first quarter on sales of 682.7 billion won.
An Innovative LNG Carrier Concept
Concurrent with marine industry consolidation on the ship owning, building and supply fronts, increasingly innovative vessels concepts are originating from in-house…
Daewoo: $1 Billion In One Week Prompts Target Revise
Daewoo Shipbuilding has raised its 2001 order target to $3.7 billion from $2.5 billion, and said it was unlikely to accept orders in the second half because of its bulging order book…
BG Secures U.S. LNG Rights
Britain's BG Plc secured rights to deliver liquefied natural gas (LNG) through one of only two functioning import terminals serving booming U.S. energy markets.
Hyundai Merchant Marine Denies Rumors
Hyundai Merchant Marine, South Korea's largest shipping firm, denied on Thursday a local report it had begun a debt-rescheduling program led by creditor banks. "It…
Great Ship - SK Supreme
Samsung Heavy Industries Co. is scheduled to deliver by year's end, the largest size LNG carrier of GTT Mark-III membrane type and is scheduled to deliver two more vessels within 2000.
IZAR Ferrol Repairs Eight Vessels At Once
The shiprepair yard of IZAR Ferrol surpassed previous occupancy records recently, as it simultaneously worked on eight vessels. The yard facilities were fully busy…
LNG Company To Be Listed
Norwegian shipping magnate John Fredriksen's Liquefied Natural Gas (LNG) transport company Golar LNG said on Friday it raised $280 million in a private placement…