Maritime Industry Top News
Two PSV Build Contracts for Ulstein Verft
On February 24, ULSTEIN announced the shipbuilding contracts for two new platform supply vessels (PSVs) for Blue Ship Invest. The vessels are of the PX121 design and are scheduled for delivery from Ulstein Verft Q1 2015. Ulstein Verft currently has seven vessels on order. In total, ULSTEIN has sold 20 designs of the PX121 design, and the two new vessels will be number nine and ten of this design type to be constructed at Ulstein Verft.
Oil Holds around $110
Brent crude oil steadied around $110 a barrel on Monday, resisting sharp declines in some other risk assets on news of further supply losses in Africa and expectations of revived oil demand growth.
Euro Coal: Prices Drop on Mild Weather Outlook
European physical coal prices on Monday dropped to their lowest level since last summer as mild weather pulled down demand. Cargoes for delivery in March to the ports of Amsterdam…
Rising Volumes of GMO-Free Soy Available
Soybeans that are free of genetically modified organisms (GMOs) are available in growing volumes, despite claims by German poultry producers that supplies are falling…
LUKOIL Marine Debuts EAL Generation
Due to new U.S. regulations, almost all ships exceeding 24 meters in length which are operating in U.S. coastal waters are confronted with much stricter environmental protection requirements.
Shell Advances Peterhead Clean Energy Project
Shell has signed an agreement with the U.K. Government to progress the Peterhead Carbon Capture and Storage (CCS) project to the next phase of design. The project, led by Shell, with strategic support from SSE, owners of the Peterhead gas power station in Aberdeenshire, aims to capture10 million metric tons of CO2 over 10 years. This will generate enough clean electricity to power the equivalent of 500,000 homes a year.
New Container Line Includes Hamburg and the Black Sea
The French shipping company CMA CGM is expanding its range of liner services from Hamburg and including Black Sea ports in its schedule for the first time. Today, the CMA CGM Lavender sails on the extended FEMEX 1 Northern Europe-Mediterranean full container service from HHLA Container Terminal Burchardkai in Hamburg. Passing through the Bosphorus, for the first time she will also be calling at the Black Sea ports of Samsun (Turkey), Novorossiysk (Russia) and Constanta (Rumania).
ABB S2S System for Color Line Ferry
ABB, a global provider of power and energy solutions, is to supply a complete Shore to Ship Power (S2S) system to Color Line’s ro-pax ferry, SuperSpeed1. The 34,231 tons gross SuperSpeed1, built by Aker Finnyards at Rauma in Finland, has been in service on the Kristiansand – Hitshals route since 2008 and is the third Color Line vessel to be equipped with ABB’s system, after the Color Magic and Color Fantasy.
Drydocks World Repairs Self-elevated Crane Vessel
Drydocks World, an international provider of maritime and offshore services to the shipping, oil, gas and energy sectors, completed major repair and refurbishment of National Drilling Company’s (NDC) self-elevated crane vessel Al Ghweifat at its Dubai-based shipyard. The 165 ft x 140 ft x 15 ft self-elevated crane vessel has undergone extensive maintenance related repair and refurbishment. Extensive maintenance performed on the three Truss type 260-feet long legs including the spud can…
Vestdavit Supplies Davits for French Patrol Boat
Norway based boat handling system and specialised davit supplier Vestdavit has been contracted by French shipyard Socarenam to supply the davits for a new 50 m patrol boat which it will build for the French customs. Vestdavit will supply two davits, one PAP6000 and one PAP3250 davit which will give the patrol vessel the capability of launching and recovering RIBs up to 9.5 m long in sea state 6. Rolf Andreas Wigand…
Port Hueneme Hosts Paul ‘Chip’ Jaenichen
The Port of Hueneme, claimed to be one of the most productive and efficient commercial trade gateways for niche cargo on the West Coast, is to be visited by the Acting Maritime Administration (MARAD) Chief, Paul ‘Chip’ Jaenichen. The Port informs that Mr. Jaenichen is to tour the port and visit with working waterfront port customers at 1000 hrs. on February 24, 2014. The Port is governed by 5 locally elected Port Commissioners.
Caterpillar Marine Systems Doubles Parts Warranty
Caterpillar Marine Power Systems says it has increased the warranty on Cat Brand Parts used in all marine applications from six months to one year. The warranty covers all parts used in Cat marine engines, Cat marine generator sets, Cat branded marine control systems and Cat marine transmissions. The extended coverage applies to all parts sold or utilized in service work on or after June 1, 2012. The…
Indonesia Shipyard Offshore Rig: Jacking Trial Successful
Teras Offshore, along with Global Maritime & ASL Shipyard in Batam, Indonesia announce the completion of full height jacking trials of the 'Teras Sunrise'. The Teras Sunrise is the second 'Service Jack' design developed by Global Maritime, a jack-up construction vessel with a payload of up to 7,200 tonnes, outfitted with four jack-up legs for jacking operations in the North Sea in up to 80m water depth.
Gazprom & Shell Agree Roadmap for Sakhalin ll LNG Project
Gazprom inform that Alexey Miller, Chairman of the Gazprom Management Committee and Ben van Beurden, Chief Executive Officer of Shell, met in Sochi and signed a document that that envisages the preparation of FEED documentation for the third LNG production train within the Sakhalin II project. “The global LNG market is booming – primarily in Asian countries. Novel LNG production capacities are the key to achieving a strong position in this market,” said Alexey Miller.
Scania Evaluates Volkswagen Buyout Offer
At an extraordinary board meeting in Scania the board of Scania – excluding Martin Winterkorn, Hans Dieter Pötsch, Francisco J. Garcia Sanz, Leif Östling and Ferdinand K. Piëch – has decided to appoint an independent committee, consisting of the board members Åsa Thunman (chairman of the committee), Peter Wallenberg Jr, Peter Abele, Johan Järvklo and Håkan Thurfjell to evaluate the offer by Volkswagen and to take such resolutions in relation to the offer as are necessary.
Tank Barge in Collision on Upper Mississippi River
Coast Guard Sector New Orleans is responding to a report of a collision between two vessels near mile marker 154 on the lower Mississippi River. Coast Guard Sector…
China, Taiwan, Reach Important Cross-Straits Shipping Agreements
A series of economic cooperation agreements have been reached by Chinese mainland and Taiwan at a recent meeting, reports Xinhua. The mainland's Association for Relations Across the Taiwan Straits and its counterpart in Taiwan have concluded their two day's talk in South China's Hunan city. The two have agreed open new ship routes across the strait and to symplify customs procedure for commercially efficient transportation.
Cummins Names Schacht Commercial Marine Business GM
Cummins Inc. inform it has named Jim Schacht General Manager for the Commercial Marine Business. Working in close cooperation with the Cummins distributor network, Schacht will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) globally, including business development and support. He will be located in Columbus, Indiana and will report directly to Ed Pence, Vice President of the High Horsepower Engine Business.
Korea Shipbuilder Wins Order for 8 Very Large Gas Carriers
Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) has won two orders worth a total of US$640-million to build eight very large gas carriers (VLGCs) for two unidentified Asia-based firms reports Reuters. The South Korean shipbuilder said in a statement both firms had ordered four gas carriers each, all expected delivery to be completed by the second half of 2016. In related news, DSME recently issued the following listing for investors showing its 2014 orders and backlog.
Landing Craft Becomes Floating Repair Facility
Platinum Yacht Repair, the yacht repair and maintenance arm of Dubai's Drydocks World & Maritime World, say they have converted the landing craft Al Hail 1, belonging to Dubai-based M/S Royal Yachts from naval to civilan use as floating yacht repair and maintenance facility. The 54-metre vessel arrived at the Platinum Yacht Repair facility at Dubai Maritime City in June 2013 to undergo the necessary extensive modification and refit.
