Rosneft Orders Two Oil Tankers from Zvezda Shipyard
Russian oil company Rosneft announced it has ordered two Aframax crude oil tankers to be built at Russia's far eastern Zvezda shipyard for scheduled delivery in 2022.The Russian-flagged vessels will have a deadweight of 114,000 metric tons and a 1A/1B ice class, which makes them able to operate in icy conditions year round, including in sub-Arctic seas and Russian ports of the Baltic region, said Russian shipping company PAO Sovcomflot (SCF Group).According to the documents…
Shipbuilding: Sovcomflot Orders Two LNG-Fueled Tankers
Though the tanker market has been a global maritime laggard in 2018, with overcapacity cited as the chief culprit, apparently it could not dissuade PAO Sovcomflot…
Sovcomflot and ABB Open Training Center in Russia
The new Vessel Electric Propulsion Training Center at the Admiral Nevelskoy Maritime State University in Russia will help to prepare seafarers for work on vessels equipped with Azipod propulsion systemsThe center will be used to train MSUN cadets, as well as to provide advanced training to commissioned officers of the merchant fleet. It is also planned to conduct research, including scientific and experimental activities…
New Plastic Pipe Seals for Aluminum Structures
The increasing use of aluminum structures in shipbuilding is based on requirements for lower weight, reduced fuel consumption and higher speeds. Ships and vessels constructed of aluminum are also likely to ensure lower costs for lifecycle maintenance and ownership.Transit specialist Roxtec has extended its range of plastic pipe seals to meet the demand for high quality light-weight aluminum solutions in the marine and offshore sector.
Keel Laid for Dream Cruises’ New 204,000 gt Ship
A keel laying ceremony for Dream Cruises’ Global-Class flagship was held at MV WERFTEN’s Rostock shipyard today.At 204,000 gross tons and with 2,500 suites and cabins, the new cruise ship designed specifically for the Asian market will be the largest ever to be built in Germany. The first section measuring 22 meters long, 26 meters wide and weighing 410 tons, about half of the full keel, marks the start of construction.Approximately 1,000 shipyard employees, partners and guests attended event.
Baltic Index Touches 10-Week Low
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to its lowest in ten weeks, dragged down by weaker capesize vessel rates.* The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 43 points, or 2.9 percent, to 1,439 points, its lowest since July 2.* The capesize index lost 172 points, or 7.3 percent, to touch a 10-week low of 2,191 points.* Average daily earnings for capesizes, which typically transp
VT Halter to Build ATB Tug for Bouchard
Mississippi shipbuilder VT Halter Marine, Inc. said it has secured a new contract to build an articulated tug barge (ATB) tug with an option for a second vessel for Bouchard Transportation Co., Inc.Construction of the new vessel, M/V Evening Stroll, begins immediately at the builder’s Pascagoula, Miss. shipyard, with delivery scheduled for December 2019. This vessel will enter into Bouchard’s fleet service in New York…
Uniper Sees Merit in Building LNG Terminal at Wilhelmshaven
Germany's Uniper on Tuesday said it favors a liquefied natural gas (LNG) terminal at the Wilhelmshaven deep sea port on the North Sea coast, less than a week after peer RWE said it secured access to capacity should a rival project at Brunsbuettel go ahead."Wilhelmshaven in particular can be a suitable location, there are many arguments in favour of it," spokesman Leif Erichsen said in a written statement.He cited the port's ability to offer infrastructure for LNG vessels of all sizes and its pro
Okea Weighs Its Options for Grevling Oil Discovery
Norwegian oil firm Okea is looking at four options to develop its North Sea North Sea Grevling oil discovery, which in turn could impact on the company's valuation in a deal with Thai investor Bangcha
DP World Says to Pursue All Legal Means in Djibouti Dispute
DP World said on Tuesday it would continue to pursue all legal means in its dispute with the government of Djibouti which seized a port terminal operated by the company earlier this year.Djibouti this
CGG Plans to Delist from the NYSE
CGG S.A., an geoscience company providing geological, geophysical and reservoir capabilities, said that the Board of Directors has unanimously approved the voluntary delisting of its American Depositary Shares from the New York Stock Exchange and its voluntary deregistration with the U.S. Securities and Exchange Commission.According to a press release on the matter, CGG said that the costs associated with continuing the listing and registration of its ADSs exceed the benefits received by CGG…
Qatargas, PetroChina Sign 22-Years LNG Supply Deal
Qatargas, the world’s largest LNG producer, has announced a long-term Sale and Purchase Agreement (SPA) with PetroChina International Company Limited, a unit of…
Klaveness Combination Carriers Seeks Fund for CLEANBU Vessels
Norwegian shipping company Klaveness Combination Carriers AS holds several attractive growth options and is now launching a contemplated private placement of shares…
ICTSI Basra Builds Up Umm Qasr Port Capacity
The ability of the Port of Umm Qasr in Iraq to receive direct calls from larger container vessels is being progressively boosted by the new terminal development…
Damen Shipyards Galati Opens Historical Exhibition
Damen Shipyards Galati has opened an exhibition in the Lower Danube University in the Romanian city of Galati, displaying an extensive collection of historical maritime…
IMO: Cargo Safety Matters
The classification of certain potentially hazardous cargoes is on the agenda of the International Maritime Organization (IMO)'s Sub-Committee on Carriage of Cargoes and Containers (CCC 5…
Excelerate, TGS Join for Argentina LNG Export Study
Excelerate Energy and Transportadora de Gas del Sur (TGS) have provisionally agreed to jointly assess the viability of an LNG liquefaction and export project at…
Safe Bulkers to Install Alfa Laval PureSOx Scrubbers
Safe Bulkers has agreed with Cosco Shipping Heavy Industry, a detailed schedule within 2019 for the installation of Alfa Laval PureSOx scrubbers in about half of…
Dellner Brakes Acquires JHS Jungblut
Swedish-based marine and industrial brake supplier Dellner Brakes said it has acquired German brake specialist JHS Jungblut in a move that aims to strengthen the company’s offering in the wind energy market, and also enable further global expansion, particularly in the Far East.The enlarged company will operate under the Dellner Brakes JHS GmbH brand. Kai Kölker has been appointed Vice President for Dellner Brakes JHS GmbH and will be running the company’s wind business division in Dorsten…
Scrubbers Market to Surpass $8 Bln by 2024 -Report
The market for marine exhaust gas cleaning systems, also known as scrubbers, is expected to continue generating momentum in the years ahead amid increasing concern toward maritime pollution and new environmental regulations. The global market share for marine scrubbers is predicted to surpass $8 billion by 2024, according to a report by Global Market Insights.As per the latest International Maritime Organization (IMO) legislation…
