U.S. Natural Gas Prices Tumble as Coal Surges
U.S. natural gas prices have tumbled by more than 10 percent since late May as hedge funds start to liquidate a near-record bullish position accumulated in the expectation…
Rosneft, Hyundai Samho Strengthen Technological Cooperation
Rosneft and Hyundai Samho Heavy Industries Co. Ltd. (HSHI) signed an agreement under which the South Korean company will provide technical support in the design…
Belships Signs Ultramax Deal with Imabari
Belships ASA, a bulk ship operator and management company, has signed an agreement to charter in an Ultramax bulk carrier of 63,000 dwt to be delivered from Imabari Shipbuilding first half 2020.
World’s First Ice-breaking LNG Carrier Christened
The world`s first icebreaking liquefied natural gas (LNG) carrier was named Christophe de Margerie in St. Petersburg, Russia. Russia’s President Vladimir Putin,…
Panama Canal to Modify Tolls Structure
Panama Canal Authority (ACP) has published a proposal for modifications to its current tolls structure, signaling the beginning of a 30-day formal consultation period for industry feedback…
USS Nimitz, USS Shoup and USS Kidd Depart for Deployment
USS Nimitz (CVN 68), USS Kidd (DDG 100) and USS Shoup (DDG 86) departed their homeports of Naval Base Kitsap and Naval Station Everett, respectively, for a regularly scheduled deployment.
Combating Organized Crime at Sea
Skills necessary in dealing with maritime transnational organised crimes at sea, including, piracy, armed robbery against ships, drug trafficking, marine terrorism…
Battery Pioneers AKASOL , ZEM Set Sail Together
The German expert for lithium-ion battery systems AKASOL and the Norwegian pioneer of maritime energy storage solutions ZEM have worked together on the development of AKAZEM.
Indian Maritime Associations Join Task Force
Concerned with declining market of Indian seafarers industry despite having high population in comparison to its rival countries, representatives of leading shipping…
Submersible, Magnetic Robot Performs Hull Inspections
Canadian company Deep Trekker has launched a new inspection vehicle at Nor-Shipping 2017: the Deep Trekker DT640 Utility Crawler, the first three-wheeled vehicle of its kind. Equipped with an HD camera, magnetic wheels and a multitude of application specific add-ons, the Utility Crawler can perform an array of tasks, making it versatile and easy to deploy at a moment’s notice, the manufacturer said.
Deltamarin Integrates Floating Construction Arm
The operations and personnel of Deltamarin Floating Construction (DMFC) were integrated into Deltamarin Ltd. on June 1, 2017, in a move that aims to help simplify the group’s structure.
New MTU Engines Make Their Debut
At the international maritime exhibition Nor-Shipping in Oslo from May 30 to June 2 2017, MTU, part of Rolls-Royce Power Systems, presented its propulsion and systems portfolio, primarily for offshore supply vessels, workboats and ferries. This included Series 2000, 4000 and 8000 propulsion engines in an output range from 400 to 10,000 kW, hybrid propulsion solutions and diesel electric propulsion systems and diesel gensets for the supply of on-board power.
New Containerships for Eimskip, Arctic Line
Iceland’s Eimskip Ltd. and Greenland-based Royal Arctic Line A/S have ordered three new Arctic-capable 2,150 TEU containerships to be built at the Guangzhou Wenchong Shipyard in China. The new vessels, designed by Deltamarin to fit the two ship owners’ trading routes, will measure 180 meters in length and 31 meters breadth, larger than the current vessels in the trade. The ice class ships will comply with the newly adopted IMO Polar Code.
Arcadia Receives EU MRV Monitoring Plans
Greek company Arcadia Shipmanagement Co Ltd became the first to receive verification from classification society DNV GL for compliant monitoring plans for its entire fleet under the new EU emissions monitoring, reporting and verification (MRV) regulation. The company was presented with a certificate recognizing the achievement at DNV GL’s Piraeus office. “We are very proud to be the first shipping company to have been awarded the verified EU MRV management plans…
Delfin Project Gains US Approval to Export LNG
The U.S. Department of Energy (DOE) has approved a long-term application to export liquefied natural gas (LNG) from the first offshore project, Delfin LNG, LLC. Exports in the amount of 1.8 billion cubic feet per day (Bcf/d) of natural gas are approved from Delfin’s proposed offshore Louisiana floating LNG terminal in the Gulf of Mexico. Development of the Delfin project offshore of Cameron Parish, La. will include the construction of floating liquefaction and storage vessels.
CMIH, DNV GL Enter Shipbuilding Partnership
At Nor-Shipping this week, China Merchants Industry Holding (CMIH) and DNV GL have signed a strategic cooperation agreement with a focus on advancing shipbuilding in the gas carrier, offshore and special vessel segments. The agreement – signed by Gui Ming Zhu, Deputy General Manager of CMIH and Director of Yiu Lian Dockyards (Shekou) Limited, and Torgeir Sterri, Regional Manager Greater China at DNV…
New Push Boat Delivered to Devall Towing
The newly built M/V Jackson Scott has been delivered to owner Devall Towing and Boat Service of Hackberry, La. The Jackson Scott is a 64’ X 27’ inland push boat, powered by two fully mechanical, EPA Tier 3 engines rated 630HP @ 1,600RPM. The engines are coupled to Twin Disc MG 5222 transmissions turning four-blade 70” X 56” propellers. The M/V Jackson Scott follows four previous Devall Towboats with the same propulsion package from Laborde Products.
Ballast Water Compliance: More than a System, it is Knowledge
The ratification of the IMO Ballast Water Management Convention date is fast approaching, and according to a survey we conducted with more than 35 port state control (PSC) personnel, many will not be prepared come September. There is a lot of uncertainty in the shipping industry in general, with 70 percent of the survey respondents aware that ballast water regulations had been ratified, but zero percent had a plan in place to address the duties of ballast water compliance.
Hyper Connectivity: The Risks and Rewards
The maritime industry is becoming more connected – at sea, on land and in between. This trend has given rise to a cyber-enabled fleet that continues to adopt greater levels of automation and operational complexity. For the end user, the benefits of modern shipping are multiple. For the ship owner or operator, however, every incremental advance of technology creates new entry points for risk. In this hyper-connected era…
General Dynamics Wins US Navy Training Contract
U.S. Navy to update curriculum and training-related programs for surface force operations and combat systems globally. General Dynamics Information Technology, a business unit of General Dynamics…