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…
Maritime's Future is Digital, Clean
Last week in Hamburg, Germany, SMM 2018 was held, the single biggest and arguably best exhibition on the maritime calendar globally. Maritime Reporter & Engineering News/MarineLink.com had a crew of seven on scene in Hamburg covering multiple, simultaneous conferences and meetings, a full schedule of social events and, of course, the signature four-day exhibition which saw nearly 2,300 exhibitors and more than 50…
Cruise Ship Rescues Fishermen in Distress
A cruise ship came to the aid of a small fishing vessel that was adrift after running out of fuel about 25 nautical miles from Barbados.At approximately 10 p.m. on August 29, Carnival Fascination responded to a distress signal from two fishermen while on a seven-day Caribbean cruise that departed San Juan on August 26.The two Barbadian men, ages 43 and 51, were rescued by the cruise ship and taken on board where they received medical assistance, a hot meal and accommodations.
More than 100 Died in Boat Wreck off Libya
More than 100 migrants died in early September when their crowded rubber boats were wrecked off the coast of Libya, the MSF aid agency on Monday quoted survivors…