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Ship Owner

Deal Struck on LNG Delivery for Shipowners

Photo courtesy of Wespac

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.”


Bio-Sea and Ocean Clean Organize Seminar

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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


OW BUNKER Says Outsourcing Model Is Natural Evolution For Fuel Supply

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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


Korean Shipyard Launches PIL Container Ship

Kota Gaya: Photo credit Navgathi Marine

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


LUKOIL Makes First Bulk Delivery in Novorossiysk

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


China Shipyards Win US$100-Million OSV Contracts

OSVs in port: File photo

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


Capsat® Fleet77 Systems Shipments Increase

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.


Courts Rule on Lost Profits

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


Chinese Shipyard Gets Large US Orders for PSV's

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


Belgium Allows Private Armed Guards on Ships

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


Baptism of RONJA POLARIS

RONJA POLARIS

  On the past October 10th was held in Alesund (Norway) the baptism ceremony of the Ronja Polaris vessel, belonging to the Norwegian ship-owner Sølvtrans and built by Astilleros Zamakona S.A., group member of Zamakona Yards. Although the vessel was delivered in October last year


Maritime Broadband Opens Office in Greece

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Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing international demand for its C-Bird VSAT communications solution and spearheads sales and service support in the region.


Bright Outlook for BWM Convention

The Ballast Water Management Convention was one of the agenda items at last week’s IMO meeting.

  The Danish Maritime Authority informed that the Ballast Water Management Convention is now one step closer to ratification following last week’s meeting of United Nations’ International Maritime Organization (IMO). At last week’s meeting of the IMO Marine Environment


Documentary Examines Shipbreaking Practices in Bangladesh

Photo: NGO Shipbreaking Platform

Toxic ships for Bangladesh: TV documentary on German ship owners and their shipbreaking practices A new documentary titled "Giftiger Tankerschrott für Bangladesch - Toxic ships for Bangladesh" will be shown this Sunday, October 26 on German state TV channel ZDF.


Permanent Magnet Technology for Maritime Propulsion

The Switch  Medium Speed PMG.

Multipurpose vessels, especially those that operate primarily at part loads, have been facing pressure when it comes to making money in today’s business environment. Returning to times of big profit margins will not happen soon without finding a radically different approach


GAC Marine Logistics Shifts Central Office to Singapore

Jan Kielmann

In a move that brings it closer to key Asian markets, ship spares logistics specialist GAC Marine Logistics (GML) has relocated its head office to Singapore. The Asia Pacific region is home to a large number of ship owners and ship management companies who take advantage of the unique GML


LR Alert: Mustering for Ships with Passengers

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Amendments to SOLAS regulations III/19.2.2 and III/19.2.3 will enter into force on 1 January, 2015, and introduce mandatory requirements for passenger mustering & briefing before or on departure, for ships engaged in international voyages lasting more than 24 hours.  


Integrated LNG Solution for Ship Owners

 WesPac Midstream LLC (WesPac), a 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


Rolls-Royce Secures Island Offshore Contract

VARD shipyard in Brevik

Rolls-Royce has won a $11.3 million order to provide design, integrated power and propulsion systems and equipment for an offshore service vessel for Norwegian ship owner Island Offshore. The offshore service vessel will be built at VARD shipyard in Brevik


Singapore Minister Yew to Launch SGMF’s Global

Mr Lui Tuck Yew

Mr Lui Tuck Yew, Minister for Transport, Singapore, will conduct SGMF’s Global Launch on Stand No. 33 on Wednesday 15th October 2014 at 10.15am in connection with SIBCON 2014 confirms SGMF’s Brand, Marketing and Membership Manager, John Saunders


SYM Bolsters Shipowners Service Portfolio

SYM announced it has reorganized its technical services in three lines: Technical Services, Wet Docking Services and Electrical and Electronic Maintenance. Technical Services, which includes through SYM Engineering Technical Office ship design, naval architecture and marine projects


G-Ship Renewable Energy Propulsion at 25 Knots

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The Newport Beach Company G-Ship LLC finished a four-month validation with the CSC, Advanced Marine Center team led by Alexander Landsburg shows 90% fuel savings for containerships. Since the Steamer came along, sailing vessels have stayed the course as the leader in renewable energy propelled


Shipowners and Managers to Gather in Singapore

Shipowners and managers will gather in Singapore next week to examine the strengths of their relationship and consider the state of the global shipping industry during the first International Shipowning and Shipmanagement Summit. Taking place at the Singapore headquarters of international


Dayang Shipbuilding Delivers 200th Ship

An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago.

An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago. Representatives from the government, banks, Bourbon, BV


Asia Dry Bulk-Capesize Fall on Cargo Woes

Rates for capesize bulk carriers on key Asian routes are again likely to fall as the volume of tonnage limits any price gains from an increase in chartering activity, brokers said. Freight rates for a voyage from Australia to China have steadily fallen since Sept






 
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