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Italian Shipper Fined $2.75m for Environmental Crimes
U.S. Carbofin S.p.A., an Italian domiciled company that owned and operated the M/T Marigola was sentenced to pay an overall criminal penalty of $2.75 million for…
Record Cargo Traffic at VOC Port
V.O.Chidambaranar Port Trust, Tuticorin, has crossed the previous year’s traffic of 28.642 million tonnes on Feb 27, 32 days ahead of the current financial year…
US Patent for OSMR Technology
Liquefied Natural Gas Limited informed that the United States Patent and Trademark Office has allowed a patent…
DSME Returns for More Dual-Fuel Engines
MAN Diesel & Turbo received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo Shipbuilding & Marine Engineering Co.,Ltd. (DSME) agreeing a deal with the BW Group to build two LNG carriers. The technical engine specification complies with IMO Tier II, with options to include remedies for Tier III compliance at a later stage. The 173,400 cu. m. vessels are scheduled for delivery in late 2017/early 2018 and will be built at DSME’s Okpo shipyard in Geoje, Korea.
New Large Engine SCR Systems Debuts at Workboat
Tenneco (NYSE: TEN) has announced that it has introduced a complete urea dosing control, fluid handling and catalyst solution for selective catalytic reduction (SCR) aftertreatment, enabling large engines to meet EPA Tier IV and IMO Tier III regulations. The company will showcase the complete system at the 2014 WorkBoat Show in New Orleans, Dec. 3-5, 2014 (Booth #2152). The system is designed specifically for high-horsepower engines in the marine…
Yara Reports Strong 3Q Results
Yara International ASA delivered strong third-quarter results, with record fertilizer deliveries and continued margin benefit from lower European gas price. "Yara…
Z-Drive Towboats
ZF Marine penetrates domestic inland waterway markets – enjoying good success with two U.S. majors. The prospects for an even brighter future hinge on the performance of its early entries.
DSME Returns for More Dual-Fuel Engines
Four two-stroke ME-GI engines ordered for two LNGCs. MAN Diesel & Turbo has received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo Shipbuilding & Marine Engineering Co.,Ltd. (DSME) agreeing a deal with the BW Group to build two LNG carriers. The technical engine specification complies with IMO Tier II, with options to include remedies for Tier III compliance at a later stage.
Yara Completes Acquisition of OFD Holding
Holding Inc. (OFD) allowing the integration process to start. The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America.
ACO Unveils New Plant for Upcoming Wastewater Rules
ACO Marine, a supplier of advanced wastewater treatment systems, is about to introduce a new version of its established Maripur wastewater treatment range. The next generation ACO Maripur NF sewage treatment system has been specifically developed to ensure operators of specialist tonnage in the passenger and mega-yacht sectors comply with the impending IMO Resolution MEPC 227(64) – including Section 4.2.
ZF Marine Makes a Strong Towboat Thrust
When German industrial manufacturing giant ZF bought Holland Rudder Propeller nearly five years ago, it was a strategic addition to its ZF Marine portfolio that is now reaping big rewards as it is enjoying strong penetration of its azimuth thruster systems in the U.S. towboat market. Maritime Reporter & Engineering News visited with Frank van der Vegt, Sales Manager, Commercial Craft Thruster Systems, at the ZF Marine Krimpen B.V. factory in The Netherlands for an update.
New NPK Pilot Plant Up & Running
A new NPK pilot plant at the Innovation and R&D Center in Porsgrunn has been successfully in operation since this spring. Yara’s Innovation and R&D department has been quite busy lately.
Navigator Enters Long Term Ethane Transport Charter
Navigator Holdings Ltd. announced today that it has signed a long term shipping agreement for one of its 35,000 cubic meter ethylene/ethane capable semi-refrigerated liquefied gas carriers, currently being built at Jiangnan Shipyard, China. The ten year time charter has been agreed with Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers.
Yara 2Q Results Report Improved Margins
Yara International ASA delivered strong second-quarter results, with improved European commodity margins due to lower gas price. The results were impacted by lower nitrate deliveries…
Anatomy of a Commercial Marine Lender
Three things: experience, experience, and … experience. It’s a very familiar scenario: And, if you are the CFO, controller, president or other financial manager…
Foster Wheeler Wins Contract For Retrofit-SCR System
Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Turun Seudun Energiantuotanto Oy (TSE) for the design…
OW Bunker, Genoil Partner for Low Sulphur Fuel Oil
OW Bunker, a physical distributors and resellers of marine fuels, today announced that it has signed a Memorandum of Understanding (MOU) with Genoil, the global…
Johnson Matthey’s New Engines for Tier 4 Compliance
To meet the emission limits for of the EPA’s New Source Performance Standards, new engines will come from the factory with low NOx, PM, CO and HC emissions. For existing engines, Johnson Matthey introduces a Tier 4 solution with its compact and efficient integrated SCRT (Selective Continuously Regenerating Technology) system combining its CRT diesel particulate filter (DPF) and SCR technology making it the best available retrofit technology on the market today.
MOL Sign Methanol Carrier Deal with MHTL
Mitsui O.S.K. Lines, Ltd. (MOL) says it has signed a contract with Methanol Holdings (Trinidad) Limited (MHTL) to build and charter four methanol carriers. MOL consider that the new contracts will play an essential part in MOL's strategy to strengthen long-term business, as well as enabling the company to renew its methanol fleet by replacing older vessels with ships featuring the most advanced designs.
EXMAR Commits to LPG with New Charters
EXMAR LPG has been awarded Statoil ASA’s time charter requirement for two environment-friendly 38,000 m³ (Midsize) LPG newbuildings intended for LPG trading within North West Europe. Both performing vessels are part of EXMAR LPG’s existing orderbook and are being built at Hanjin Subic Bay. The duration of each Time-Charter is for a period of minimum five years up to maximum 10 years basis delivery within 2016.