Finnish Transport Agency Issues Winter Navigation Guidelines
The Finnish Transport Agency (FTA), which will become the Finnish Transport Infrastructure Agency (FTIA) on 1 January 2019, has issued updated instructions for winterā¦
NYK Launches Ship-management Platform NiBiKi
Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform āNiBiKiā, which is expected to reduce complicationsā¦
Scorpio Tankers Orders Scrubbers for 52 Vessels
Monaco-based dry bulk shipping company Scorpio Bulkers has announced that it will purchase exhaust gas cleanings systems for 42 of its vessels in 2019 and for 10ā¦
Birgit Sølling Olsen to Receive International Maritime Prize
Former Deputy Director-General of the Danish Maritime Authority, Ms. Birgit Sølling Olsen, will receive IMOās International Maritime Prize for 2017 on Thursday, 6 December.
Moose to the Rescue
This West Coast boat builder stays busy creating high quality fireboats for a diverse set of demanding, multi-missioned first responders. For Moose customer satisfaction is the name of the game.
Performing Coating Systems for Different Applications
Subsea Industries develops durable, non-toxic hard hull coating systems. Ecospeed was the first coating and was launched in 2002, but since then a line of other products has been added.EcoshieldEcoshield is an enhanced version of Ecospeed. Small but significant variations of the Ecospeed formula have been tested on rudders since 2002 with extraordinary results. After years of testing (initially underā¦
Vessel arrives at Cheniere's Corpus Christi LNG Plant
A liquefied natural gas (LNG) vessel, the Maria Energy, arrived at Cheniere Energy Inc's $15 billion Corpus Christi LNG export facility in Texas on Saturday, according to Reuters vessel tracking data.This is the second vessel to visit Corpus since Cheniere started producing LNG in November at the plant's first liquefaction train, a building-sized unit used to cool natural gas into LNG. It could be the first vessel to pick up a cargo there.Cheniere said the first vesselā¦
MJP Takes Order for First X Series Waterjets
Last week Marine Jet Power (MJP) announced in New Orleans that it had taken the first order for its new X Series waterjets.MJP will deliver the first two production units of the 310 X to Metal Craft Marine (MCM) for the Kuwait 50-ft. Firestorm vessel it is building. The fire boat features Volvo D13 735 kW diesel engines and MJP 310 X stainless steel waterjet propulsion.Capable of 43 knots, this vessel is the fourth in a series of boats previously installed with MJP Ultrajet propulsion.
Iran Navy Launches Stealth Warship in the Gulf
Iran's navy on Saturday launched a domestically made destroyer, which state media said has radar-evading stealth properties, as tensions rise with arch-enemy, theā¦
Rolls-Royce Receives AIP For Hybrid Tug Propulsion System
Rolls-Royce received Approval in Principle (AIP) from classification organization ABS for its novel hybrid propulsion system for tractor tugs.The AIP was granted following an evaluation of the worldās first hybrid tug, a unique vessel designed by Jensen Maritime and which Nichols Brothers Boat Builders will deliver to Baydelta Maritime LLC in February 2019. The vessel will be the first tug boat installedā¦
Rolls-Royce, Finferries Demonstrate First Fully Autonomous Ferry
Rolls-Royce and Finnish state-owned ferry operator Finferries have successfully demonstrated the worldās first fully autonomous ferry in the archipelago south of the city of Turku, Finland.The car ferry Falco, used a combination of Rolls-Royce Ship Intelligence technologies to successfully navigate autonomously during its voyage between Parainen and Nauvo. The return journey was conducted under remote control.During the demonstrationā¦
Babcock JV Secures $1.5b Australian DFS Program Contract
Naval Ship Management (NSM), an existing joint venture between Babcock and UGL, has been awarded the support and sustainment program for two Landing Helicopter Docks (LHDs) at the Garden Island Defence Precinct in NSW, following a competitive bidding process.The announcement made today by the Australian Minister for Defence, the Hon Christopher Pyne MP, confirmed NSM was selected by the Australianā¦
Zvezda Cancels Tender to Import South Korean Ship Parts
Russia's new far eastern Zvezda shipyard has cancelled a tender to import key parts for a crude oil tanker from South Korea's Hyundai, RIA news agency reported on Monday, citing a database of state purchases.Kommersant newspaper had reported that Zvezda issued a tender to import a stern, bow sections an anchors for an Aframax crude oil tanker ordered by Rosneft despite an earlier plan to construct the tanker at the shipyard.The Zvezda shipyardā¦
MSC Sees Over $2 bln in Annual Fuel Costs from IMO Rules
Swiss-headquartered MSC expects to pay over $2 billion a year in fuel costs due to tougher global marine fuel rules and will introduce a bunker charge next year to recoup expenses, the world's number two container line said.UN agency the International Maritime Organization (IMO) will prohibit ships from using fuels with sulphur content above 0.5 percent from Jan. 1, 2020, compared with 3.5 percent todayā¦
TOP Ships Concludes Suezmax Financing
TOP Ships, an international owner and operator of modern, fuel efficient āECOā tanker vessels currently focusing on the transportation of crude oil and petroleum productsā¦
Falling Capesize Demand Weighs on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the fourth straight session on Monday, pressured by waning demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 28 points, or 2.3 percent, to 1,203 points. The capesize index dipped 6.7 percent, or 117 points, to 1ā¦
Coast Guard Icebreaker Completes 129-day Arctic Deployment
The crew of the U.S. Coast Guard Cutter Healy returned home Friday to their homeport in Seattle following a four-month deployment in the Arctic. In addition to providing presence and access in the Arctic during the 129-day summer deployment, the Healy crew completed three research missions in partnership with the National Science Foundation, the National Oceanic and Atmospheric Administration and the Office of Naval Research, conducting physical and biological research in the Arctic Ocean.
Illinois Soybean Growers Encouraged by U.S-China Trade Talks
Lynn Rohrscheib, Illinois Soybean Growers (ISG) chairwoman and a soybean farmer from Fairmount, Ill., released the following statement in response to U.S. and China announcing continued trade discussions: āAs the nationās top soybean-producing state, we are encouraged that talks are occurring between the United States and China leaders with hopes that our soybean market can be restored. Free trade and access to markets are critically important to producersā livelihoods and profitability.
Petrobras, Murphy to Explore in GoM
Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing.Petrobras received $795 million for the deal, and will have a 20 percent stake in the venture.Reporting by Carolina Mandl
SSY Pacific Capesize Index Rises Sharply
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rise by 356 points in the week ending Monday to 4,803."The SSY Pacific Capesize Index led to a four-week high of 4,803 points, however,this still marked a sizeable annual drop of 2,104 points.The W.Australia-China iron ore spot rate gained $0.50/t to $7.50/t, as the Pacific round-voyage rate (basis 180k dwt) jumped to $15,400/day from $10,850/day the week before." SSY said.source: Reuters
