Unique partnership offers the first fully integrated LNG solution to ship owners. WesPac Midstream LLC (WesPac), a leading provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME), the global facilitator of finance mechanisms for LNG conversion and Emission Control Area (ECA) compliance. This strategic partnership will ensure the supply and delivery of LNG to ship owners utilizing CME’s Emissions Compliance Service Agreement (ECSA) to convert to cleaner fueling. The WesPac/CME integrated solution represents a significant step in the evolution of LNG as a marine fuel. The partnership is able to provide both the funding required for LNG conversion as well as the infrastructure for LNG supply and delivery. Conversion to LNG while financing the up- front investment provides the economic benefit of LNG fueling to ship owners without capital deployment, and ensures compliance with ECA regulations taking effect on January 1, 2015. Pace Ralli, CEO and Co-Founder of CME, explained: “The first question every ship owner asks is ‘Where will I get the LNG?’ because if they cannot ensure the future delivery of LNG then they will not see the investment payback. CME’s partnership with WesPac provides the answer to this question and greatly simplifies the decision to convert to clean, lower-cost LNG fuel.”
On August 2013, BIO-SEA, in cooperation with its German Partner Ocean Clean from the Kloska Group, organized a seminar on ballast water treatment systems, in Hamburg-Germany in which worldwide ship owners and engineering companies participated. The aim of the seminar was to raise awareness on the BIO-SEA BWT systems. It allowed the share of information and experience among the participants. Bio-Sea said its partner Ocean Clean will be able to provide German ship owners with turnkey
Outsourced relationships with ship owners/operators can drive further efficiencies within operations OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today stated that outsourcing fuel procurement is a natural evolution within the shipping industry as ship owners and operators look to maximise efficiencies and reduce costs within their operations. Speaking at the Bunkerworld 2011 Conference in Athens, Lars Henrik Hejlesen, Sales Development Manager
The first ship of four 2800TEU container ships, 'Kota Gaya', for Pacific International Lines (PIL) launched from Hyundai Mipo Dockyard, Ulsan, S.Korea. Navgathi Marine is providing the project management for the new-buildings for Pacific International Lines and Navgathi’s professional team is on site to manage the project. The Kota Gaya is of 222 m LOA, beam 30 m and a 12 m scantling draft. She is powered by Hyundai-MAN B&W 8L70MC-C8.1 engines of nominal rating 26,160 KW x 108
Since January 2014, the marine lubricant specialist LUKOIL Marine Lubricants Ltd. offers bulk supply of lubricant main grades in Novorossiysk, Russia’s main port on the Black Sea. On January 15, 2014 the first large order of Navigo 70 MCL was successfully delivered by barge. Novorossiysk is one of Russia’s most important export seaports and regularly frequented by a large number of cargo ships. Until recently, lubricant supplies were not available in bulk in this port
COSCO Corporation (Singapore) Limited says that its subsidiary Dalian and Guandong shipyards in China have won the following offshore vessel construction contracts: 1. COSCO (Dalian) Shipyard Co., Ltd., has secured a contract from an Asian company to build four Emergency Response / Rescue / Field Support Vessels (ERRVs), scheduled for delivery in the first half of 2016. 2. Two shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co
Thrane & Thrane announced that shipments of more than 100 Capsat® Fleet77 systems to distributors and ship owners world-wide. Several interesting installations have been carried out on merchant ships, fishing boats, coast guard vessels and super yachts all over the world. Road show Activities Thrane & Thrane and its partners have carried out road show activities all the way from the major Korean Shipyards to the small harbors in the Mediterranean.
The U.S. Court of Appeals for the Fifth Circuit ruled that a ship owner whose vessel was damaged due to negligence is entitled to recover lost profits for the period the vessel was out of service if the vessel was active in a market ready for its services. In the instant case, plaintiff's barge grounded in the Pascagoula channel. The trial court found the government to be partially negligent because the channel as marked was inconsistent with the channel as dredged
COSCO (Guandong Shipyard) gets order for four Platform Supply Vessels (PSV's) option for six more from US shipowner Four shipbuilding contracts have been signed between COSCO's Guandong Shipyard and an American ship owner for the construction of four UT 771 CDL Platform Supply Vessels (PSVs) at a value of over US$ 105 million in total. Delivery of the above four vessels is expected to commence in early 2014. In addition
With the publication of the law on various measures concerning the fight against maritime piracy in the Belgian official journal, the use of private security on board Belgian flagged ships is allowed. As a result, from now on ship-owners have the ability to continue their activities in the known piracy high risk areas with assurance of adequate protection of their crew. In this way, the RBSA wishes to express her appreciation regarding the Belgian government for the efforts which
Rolls-Royce is to deliver an extensive package of advanced deck machinery to six new high-end anchor handling tug supply vessels (AHTS) to be built by Kleven in Norway for the Danish ship owner Maersk Supply Service. The contract with Kleven is worth in excess of £54m to Rolls-Royce
Going from strength to strength, Guardian Maritime Ltd, producers of GUARDIAN anti-piracy barriers, has further expanded its worldwide coverage and distribution by signing a deal with Mares Shipping GmbH, specialists in the supply of spare parts and technical equipment for ships
Thordon Bearings Inc. signed a letter of intent (LOI) under which it will cooperate with MSR Gryfia of Poland to promote the conversion of ships to an open seawater lubricated propeller shaft Thordon bearing system from a sealed oil lubricated propeller shaft bearing system.
Liberia has become the flag of choice for Greek ship owners and operators, securing the leading position for the first time in more than forty years since the early seventies. Figures produced by the Greek publication Shipping & Finance
Plentiful supply, low prices and strict regulations on air pollution are fuelling a swift move towards using LNG as fuel for ship propulsion in the USA and Canada. In Europe strict regulation in port is pushing passenger ship owners to use LNG fuel while berthed.
Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable. The shipping sector will for the first time have to monitor its carbon emissions under a law agreed by the European Union on Wednesday, intended as a step towards tackling a growing source of
Rolls-Royce has won a £12 million order to provide design, integrated power and propulsion systems and equipment for a highly advanced multipurpose service vessel for the Norwegian ship owner Myklebusthaug Management to be built at the Beşiktaş Shipyard in Turkey.
BIMCO has today announced its support for a report identifying ways to reduce red tape for shipping which will be presented to the International Maritime Organization (IMO) next week in London. The report comes from the Ad Hoc Steering Group for Reducing Administrative Requirements
BIMCO has today launched the Bunker Non-Lien Clause, aimed at reducing bunker suppliers’ reliance on ship arrest as a means of resolving claims for bunkers ordered but not paid for by time charterers, often due to bankruptcy.
A few days after delivering our latest tuna freezer vessel Ljubica to our distinguished customer, the Jadran Group, the ship is already across the hemisphere operating at full capacity and excellent results. The pictures show the satisfaction of the ship owner Mr
Veteran Norwegian designer and builder Ulstein will, for the first time, build one of its signature X-Bow hull designs in the U.S., Maritime Reporter has learned. Edison Chouest Offshore’s LaShip shipyard in Louisiana is keen to build, and has found a Norwegian partner to share the risk
The Board of Directors of COSCO Corporation (Singapore) Limited have informed that COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract valued at approximately USD30 million from a European
There’s a new vessel design needling this competitive little shipping town. Still unknown in design circles, the “porpoise-nosed” TwinBow is brainchild to local start-up OilCraft and its wunderkind chief exec, Stian Teige, a self-taught computer renderer.
Green Tech Marine has won a contract to deliver 21 exhaust gas cleaning systems (“scrubbers”) to an undisclosed ship-owner in first quarter 2015. By using Green Tech Marine scrubbers, ship owners can continue to operate on heavy fuel oil instead of more costly marine gas oil
Ship owners are facing a number of regulatory gauntlet in coming years regarding emissions and ballast water treatment systems. But ship owners with EU-flagged vessels who incur unnecessary operating costs need to ensure that their onboard refrigeration units are leak-tight