ABS has given full design approval for the class of the compressed natural gas (CNG) carrier designed and developed by Canadian-based Sea NG Corporation. Full approval follows the earlier Approval in Principle (AIP) issued by ABS for the Sea NG design in 1997 and is the first full class approval for a CNG carrier issued by the Bureau. Sea NG is expected to award construction of three Coselle CNG carriers later this year. These first vessels are intended to service projects in the Caribbean or Mediterranean Seas. The vessel's design has been approved to the standards established in the ABS Guide for Vessels Intended to Carry Compressed Natural Gases in Bulk as well as applicable parts of the ABS Steel Vessel Rules. Once constructed and accepted into class by ABS the vessels will carry the notation CNG Carriers. Sea NG uses its proprietary Coselle system for storing and transporting CNG. This patented system uses small diameter high-strength steel pipe coiled into a carousel to store the high-pressure natural gas. The carousel provides support and protection for the pipe and facilitates transport and stacking of the Coselles within the ship. Each Coselle will comprise approximately 10 miles of 6-inch diameter pipe. These Sea NG vessels will be 120m in length and have the capacity to carry 50 million standard cubic feet of gas (MMSCF) in 16 Coselles (160 miles of
Celebrity Cruises has accepted delivery of Infinity, the newest addition to the premium cruise line's award-winning fleet. The 1,950-guest Infinity arrived in Fort Lauderdale, Florida, last night, on the heels of its transatlantic crossing from shipyard Chantiers de l'Atlantique, in St. Nazaire, France. Among the compelling elements of Celebrity's Infinity is the industry's first full conservatory at sea, created for Celebrity Cruises by prominent Paris-based floral designer Emilio Robba
The 13-kilometre submarine cable to carry electricity from the Hywind floating wind turbine has now been installed and tested in the sea north-west of Stavanger. Once generation starts, the power will come ashore in Røyrvika near Skudeneshavn on the island of Karmøy and be delivered to local grid operator Haugaland Kraft. This pilot project, based on StatoilHydro’s own concept, ranks as the world’s first full-scale floating wind turbine
Caribbean Maritime Institute (CMI) www.cmi.edu.jm, (located on the Polisadoes peninsula) has selected Transas to supply new marine simulation systems for their training center. As a result of this simulator upgrade project endorsed for financing by the European Community, the CMI will receive the most technically advanced training facility in the Caribbean region. This will be the first full mission simulator complex installed by Transas in this area.
Mitsubishi Heavy Industries, Ltd. (MHI) delivered MOL COMPETENCE, a large-size containership, to Mitsui O.S.K. Lines, Ltd. (MOL) at the Koyagi Plant of MHI's Nagasaki Shipyard and Machinery Works. The container ship marks the 300th vessel delivered from MHI to MOL. The 8,100 TEU (twenty-foot equivalent unit), 90,000 gross ton MOL COMPETENCE is the largest container ship built by MHI. It is one of a series of ships targeting reduced weight and improved transportation efficiency through features
CP Ships Limited today announced unaudited fourth quarter 2002 operating income before exceptional items of US $34 million, unchanged from the third quarter and slightly down from $35 million in fourth quarter 2001. Basic earnings per share before exceptional items was $0.23 compared with last year's $0.30 and third quarter's $0.27. Volume at 550,000 teu was a quarterly record, up 17% from fourth quarter 2001, reflecting both strong growth and the first full quarter of Italia Line
Beginning July 1, the emergency response tug will begin an unprecedented tour of duty for – providing 365 continuous days of service to help prevent oil spills in the Strait of Juan de Fuca and along coastlines. Since 1999, state-funded response tugs stationed at have kept disabled ships from drifting onto rocks and causing major oil spills during the stormy winter months. The tugs have stood by or assisted 40 ships that were disabled or had reduced maneuvering or propulsion.
Winners of the Lloyd’s List-SMM 2002 Awards for innovation in shipbuilding and marine technology were announced in the Hamburg Congress Centre last night (September 24) at a gala ceremony which brought day one of the world’s biggest maritime fair to a glittering conclusion. Several hundred leading industry figures gathered for the final stage of an initiative launched in March by Lloyd’s List and SMM organisers Hamburg Messe to recognise the technical advances which enable maritime
In yet another case of giant-eating-giant consolidation, Rolls-Royce Plc has made a surprise $933 million agreed cash offer for Vickers Plc, in a move aimed at making Rolls-Royce the global leader in marine power systems. The acquisition would place a significant portion of marine propulsion products - including the Ulstein, Aquamaster, Kamewa, Rauma, Brown Brothers and Mitchell Bearings brands - in one company's control, affecting operators of all vessel types, from VLCCs to tugboats.
South Korean shipbuilders racked up large overseas orders in the first quarter, keeping them on course to far exceed yearly targets, Korea Times reported. Hyundai Heavy Industries, the world's largest shipbuilder, clinched orders worth $2.3 billion in the January-March period, compared with its full-year target of $7.4 billion. Its two affiliates - Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries - won a combined $2.75 billion worth of orders in the first quarter
DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, announced its unaudited financial and operating results for the first quarter ended March 31, 2013.
Wilson Sons Limited announced its results for the First Quarter (1Q13). Highlights The Company’s Net Income reached $19.5 million, primarily due to strong performances in the Towage, Offshore Vessels, and Shipyard businesses. “Despite soft exports
In the first quarter of 2013, TORM realized a positive EBITDA of $36 million and a loss before tax of $16 million. “The seasonally strong first quarter in the product tanker segment was the best we have seen since the beginning of the financial crisis
Odfjell published their first quarter 2013 results, reporting EBITDA of $27 million which they said reflects a slightly better chemical tanker market and higher terminal earnings. Time charter results up 8% compared to last quarter. Odfjell said the chemical tanker market improved slightly the
Eni, the international oil and gas company, released its group results for the first quarter of 2013 (unaudited). Financial Highlights • Adjusted operating profit: €3.79 billion, down 36% excluding Snam contribution to the first quarter of 2012 3;
Martek Marine will launch its iECDIS with built-in GSM mobile connectivity technology. iECDIS provides wireless updates ranging from simple daily Notices to Mariners to the full chart downloads required each month by law. This is the first ECDIS system which doesn’t rely on physical disc
ABS released the ABS Guide for Building and Classing Floating Offshore Wind Turbine Installations to provide the most comprehensive requirements to date. Based on the results of case studies and existing technologies, the new guide provides criteria for the design, construction
CGG claim its new fleet, with the addition of four vessels from its newly acquired Fugro Geoscience, has set two new industry records. The first record claimed is for the longest offsets in the industry for a full-azimuth (FAZ) multi-vessel survey
Hempel Group reported that its revenues grew by 15% in 2012, despite facing a challenging world market, and the Group is still on track to achieve its long-term goals. The Hempel Group delivered an all-time high revenue of EUR 1,242 million in 2012
Inmarsat has signed an agreement with Imtech Marine, appointing the full-service provider and systems integrator as a Value Added Reseller (VAR) for Global Xpress serving the worldwide maritime market. This follows on from a Memorandum of Understanding signed by the two companies in 2012.
'MSC Preziosa' successfully completes sea trials with its GE Power Conversion electrical power & propulsion system. Built from the STX yard in Saint-Nazaire, France, MSC Preziosa is the latest ship in MSC’s Fantasia-class and the 12th in the MSC fleet
ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS)
Kvaerner Contractors to provide engineering, procurement & construction (EPC) services for the Hebron Project gravity based structure (GBS). ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of
Aker Solutions ASA release fourth quarter and preliminary annual results 2012. Aker Solutions reported revenues of NOK 12.0 billion and earnings before interest, tax, depreciation and amortisation of NOK 1.2 billion in the fourth quarter of 2012
MTN Government Services CTO Richard Hadsall appointed to World Teleport Association (WTA) Board. Hadsall founded MTN more than 30 years ago and today serves as the chief technology officer for MTN Government Services (MTNGS). Richard Hadsall’s teams drove the first full-motion satellite