U.S. Navy: $481m Funding to GD For Next-gen Ballistic-Missile Submarine
The U.S. Navy has awarded General Dynamics Electric Boat a $480.6 million contract modification to continue the development of the lead Columbia-class submarineā¦
Wärtsilä Wins First āLPG as Fuelā Order for New Gas Carriers
Wärtsilä will provide an integrated cargo handling and fuel gas system for two new liquefied petroleum gas (LPG) carriers for Belgium-based owner Exmar. The 80,000m³ very large gas carriers are being built at HHIC-Philippines (Hanjin Heavy Industries & Construction Philippines) in Subic Bay, and will be the first vessels capable of running on LPG, according to Wärtsilä, who secured the order in July 2018.Wärtsiläā¦
Dual-fuel Tug Delivered to Keppel Smit Towage Singapore
Keppel Offshore & Marineās shipbuilding arm Keppel Singmarine has delivered its second dual-fuel tug capable of running on liquefied natural gas (LNG). The new vesselā¦
US Aims to Start LNG Deliveries to Germany in Four Years
U.S. companies expect to begin delivering liquefied natural gas (LNG) to Germany in four years at the latest and will challenge Russia which now accounts for 60 percent of German gas imports, the deputy U.S. energy secretary told a German newspaper."U.S. liquefied natural gas is coming to Germany. The question is not if, but when," Dan Brouillette told the mass circulation daily Bild in an interview published on Monday.U.S.
Cheniere Inks 15-year LNG Sales Pact with Vitol
Cheniere Energy Inc said on Monday that it signed a 15-year agreement to supply liquefied natural gas (LNG) to the world's largest oil trader, Vitol Inc.Cheniere said it will sell 700,000 tonnes of LNG every year to Vitol, starting 2018 and the purchase price will be pegged to the Henry Hub monthly average, plus a fee.The United States has become a major LNG exporter in the last two years, mostly due to the ramp up of Cheniere's Sabine Pass terminal in Louisiana.
Baltic Index Eases on Weaker Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, was weighed down on Monday by weaker demand for the capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, shed 9 points, or 0.7 percent, to 1,357 points.The capesize index fell 47 points, or 2.5 percent, to 1,853 points, its lowest in almost 15 weeks.Average daily earnings for capesizes, which typically transport 170,000-180,000 to
Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap
Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion.The BAF surcharge will be introduced on January 1, 2019, replacing Maersk Line's current Standard Bunker Adjustment Factor (SBF) surcharge.
Maritime Ports Pushed to Up Cyber Security
Resilience planning, Info Sharing Take SpotlightāOh what a tangled web we weave, when first we practice to deceive.ā That old chestnut gets turned on its head when it comes to port cyber security. Itās more like āOh what a tangled web weāve woven, so much harder to stop data stolen.āPorts today have the physical aspect of security pretty well nailed shut - gates, locks, fencing, alarms, cameras, drones, etc.
Oil and Gas Fuel Australian Exports
New Australian Bureau of Statistics (ABS) data highlights the important contribution the oil and gas industry and liquefied natural gas (LNG) exports are playingā¦
Brexit Shouldn't Mar Prospects of Seafarers: UK Chamber
UK Chamber of Shipping said that no deal could limit the opportunities for UK seafarers. A no-deal Brexit would also potentially inconvenience operators of UK-flagged shipsā¦
Passenger Medevaced from Cruise Ship in Alaska
U.S. Coast Guard 17th District Alaska medevaced a woman from a cruise ship near Ketchikan, according to an official press release.A 45-foot Response Boat-Mediumā¦
UK Satellites Launched to Track Illegal Shipping Activity
Surrey Satellite Technology Ltd (SSTL) has confirmed the successful launch of two satellites, NovaSAR-1, a Synthetic Aperture Radar (SAR) satellite, and SSTL S1-4ā¦
LNG Bunkering to Grow at CAGR of 62.50% CAGR to Reach $247bn in 2023
The global liquefied Natural Gas (LNG) bunkering market is expected to witness a CAGR of 62.5% over the forecast period 2017-2023, and is projected to reach USD 24ā¦
Gulf Island Fabrication to Build Riverboat Using Casino Boat's Hull
American manufacturer of marine vessels Gulf Island Fabrication has signed a contract for the expansion and delivery of one 245-guest riverboat with American Countess.Theā¦
Canada's First New Arctic Patrol Vessel Launched
Canadaās lead Arctic and Offshore Patrol Vessel, the future HMCS Harry DeWolf, was launched at Halifax Shipyard on Saturday, marking a significant milestone forā¦
Besix completes construction of Bahrain LNG Import Terminal
Brussels-headquartered contracting giant Besix has completed the design and construction of Bahrain Liquefied Natural Gas (LNG) Import Terminal in Muharraq Island.Theā¦
USCG Navigation Center: Steering a steady course for safe, secure, efficient waterways
The U.S. Coast Guardās Navigation Center (NAVCEN) is involved in a number of activities that have an impact on all Americans, even if they donāt realize it.From motorists checking directions with their Global Positioning System (GPS) to boaters to ships coming and going to U.S. ports, the NAVCEN plays an unseen but vital role.With a staff of19 officers, 17 enlisted personnel and 19 civilians, NAVCEN falls under the Director of Marine Transportation Systems (CG-5PW) at USCG Headquartersā¦
Global Fishery Forum on Fishing Vessel Safety
Fishing is one of the worldās most dangerous occupations. Literally thousands of fishers lose their lives at sea each year.An international treaty addressing safetyā¦
APM Terminals to Focus on VGM Accuracy
Two years since the introduction of Verified Gross Mass (VGM) regulations, the industry appears to have achieved compliance but, āthe accuracy of recorded weights still needs attentionā¦
Baltic Eagle Surveys Underway
Fugro has commenced a marine site characterisation programme at Iberdrolaās Baltic Eagle Offshore Wind Farm, in German waters of the Baltic Sea.Under a contract worth over EUR10 millionā¦
