Texas Pilots Order Vessel from Gladding-Hearn
Sabine Pilots in Port Arthur, Texas has ordered a new pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. The pilots’ first launch, built by the Mass.-based shipyard…
Sulfur Regulations Spur Fuel-saving Technologies
With many ship owners switching to marine gas oil (MGO) inside designated Emission Control Areas (ECAs) as of January 1, 2015, the cost of fuel could rise by up to 50%, so all measures to reduce fuel consumption are vital. Research and field testing has shown that the latest developments in engine lubrication and unique marine energy management systems can add more than a 15% improvement in fuel efficiency, proving that even the smallest modification at the right time can add up to big savings.
Great Lakes Limestone Rally Continues
The Great Lakes limestone trade racked up its fifth straight month of increases over the corresponding period last year in October, Lake Carriers’ Association reported. Stone cargos totaled 3.7 million tons, an increase of 2.8 percent. The trade also bettered its long-term average by 8.1 percent. Despite the five-month rally, year-to-date the Lakes limestone trade is still slightly behind last year’s pace. The 23 million tons shipped through October represent a decrease of 2.1 percent.
Odfjell Results ‘Improving, But Not Yet Sustainable’
Odfjell reported third quarter 2014 chemical tankers EBITDA of $26 million, compared with $24 million in second quarter, as activity in the chemical tanker markets in third quarter was quite similar that of the previous period. Reduced spot trading to Asia from Europe and the U.S. caused downward pressure on freight rates as fewer cargoes where available. Time-charter results were down by 3%. Towards the end of the quarter the CPP market improved…
UASC Selects Jotun Coatings for 11 New Containerships
As part of a $2.3 billion newbuilding program, United Arab Shipping Company (UASC) has reached an agreement with Jotun for the provision of antifouling coatings for 11 new container vessels. The agreement marks the first time the companies have worked together on marine antifouling hull coatings. Of the 11 vessels to be coated with Jotun's premium antifouling range, eight are 14,500 TEU and three are 18,800 TEU capacity vessels.
Imtech Equips First LNG-Hybrid Barge
Imtech Marine equipped the first LNG-Hybrid Barge with green technology by order of Becker Marine Systems. The LNG-Hybrid Barge, which will supply the AIDA cruise fleet with energy in Hamburg, is fitted with Imtech Marine’s electrical solutions and fire extinguishing equipment. In addition, Imtech Marine installed the complete ventilation systems with corresponding heat recovery and sea water cooling systems…
Hatteland Display Celebrates 25 Years
On November 1, 2014, Hatteland Display celebrated its 25th anniversary as a supplier of maritime displays and computers. From the early days in 1989 and up until today, the company has delivered more than 200,000 products to system integrators worldwide. Hatteland Display reports that 2014 will be a record year with more than 21,000 new products to be delivered to the market from its production facility in Nedre Vats outside of Haugesund in Norway.
Convicted Crew of Korean Ferry File Appeals
Eight of the 15 surviving crew members of a South Korean ferry that capsized in April have filed for appeal against their convictions on negligence charges in the…
DP World to acquire EZW Logisitics
EZW purchase funded from existing cash and loan facilities; DP World will also take about $859 million of EZW's debt. DP World said on Thursday it would pay $2.6…
ClassNK’s Super Eco Ship for Coastal Trade
As the Industry waits for the Ministry of Shipping, Government of India to roll out the much hyped policy to boost Coastal Shipping and Inland Waterways transport…
Petrobras Sets Record in Brazil
Consolidated Oil and Gas Petrobras in Brazil and abroad, production amounted to 2 million 795 thousand barrels of oil equivalent per day (boe) in October. This volume…
BP's 3Q Interim Dividend for 2014
The Directors of BP p.l.c. announced that the interim dividend for the third quarter 2014 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend…
Maersk Line Q3 Performance Better
Maersk Line said it has achieved improved results in the third quarter of 2014 (Q3) through lower costs and increased rates. Revenue in Q3 was $7.074 million, as…
Tilbrook Joins Woodside Board
4 December 2014. Mr Tilbrook joins Woodside as an independent director. Mr Tilbrook has broad experience in corporate strategy, investment and finance. Finance and…
Women Needed for Shore Programs
Career opportunities for active-duty female Sailors are abundant with the Women Ashore program, Navy detailers said Nov. 12. "There are opportunities for female…
Seaspan Acquires 6th 10K TEU Boxship
Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the MOL Breeze. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co.…
MARAD Releases Port Planning and Investment Toolkit
New Toolkit Will Assist U.S. The U.S. Department of Transportation’s Maritime Administration (MARAD) today released the first module of the Port Planning and Investment Toolkit…
MOL Forms New Medium Range Tanker Pool
Mitsui O.S.K. Lines, Ltd. (MOL) announced that a pool agreement governing the formation of a new medium range pool has been signed among the partners: MOL, Asahi Tanker Co.…
Wärtsilä’s New CPP System
At SMM Wärtsilä introduced its latest development of large Controllable Pitch (CP) Propellers, based on the previously known E-hub type. The new Wärtsilä CP propeller system addresses the demands of medium and large size vessel owners, and is particularly applicable for special vessels that are equipped with dynamic positioning capabilities, as well as vessels having ice notation, the manufacturer said.
ZF Marine Debuts ZF W10000 Transmission
ZF Marine Propulsion kicked off day 1 of SMM 2014 in Hamburg by introducing the new workboat transmission family – ZF W 10000 – enhancing the range of ToughGear series transmissions. The new family is designed specifically for the commercial craft segment. “We spent a lot of time talking to the market, but more importantly, listening to the market,” said ZF Marine’s André Körner, Head of Product Line, Commercial and Fast Craft.
