TOP Ships: $45.8m for M/T Eco California
TOP Ships Inc., an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products…
UAE's Fujairah to Ban Ship Exhaust Cleaner When IMO 2020 Kicks In
The port of Fujairah in the United Arab Emirates has decided to ban the use of a type of ship exhaust cleaner, becoming the latest location to impose restrictions on so-called open-loop scrubbers, a port document showed.In recent months, many shipping companies have opted to fit scrubbers onboard their ships, ahead of major changes in the use of marine fuel across the world.The International Maritime…
CADMATIC Revenues Up 29%
CADMATIC reports strong growth and turnover figures for 2018: 29% growth resulting in record turnover of over $22.7m. During the same period, the company’s number of staff has increased to more than 140.With strong results also reported in 2017, the last two years have seen rapid growth at CADMATIC. Over the two-year period, its turnover has increased 45%, its number of personnel by 25% and the number of user organizations by 20%.In December 2018…
Cyber Security: Dualog Launches New Service
Dualog has taken shipboard cyber security to a higher level by launching a new service that promises to protect vessels and their onboard IT systems, a literal first line of defense…
Turkmen Oil Exports via Russia’s Novorossiisk Port to Resume
Exports of Turkmen oil via Russia's Black sea port of Novorossiisk will resume in February, four market sources said.Turkmenistan stopped transit of its oil via Russia in 2016 and has been exporting all its crude via the Azeri Caspian port of Baku.Pumping Turkmen oil through the Makhachkala-Novorossiisk pipeline could add as much as 200,000 tonnes of crude per month into Russia’s Transneft system.
Shipbuilding: OSC Orders VLCC Pair
Oman Shipping Company (OSC) is expanding courtesy of an order for a pair of newbuild Very Large Crude Carriers (VLCC ) with Daewoo Shipbuilding & Marine Engineering (DSME).According to Michael Jorgensen, OSC's CFO and acting CEO, said the VLCCs are expected to be deployed in the spot market, as the company plots further fleet expansion in the bulk and container market.Today OSC’s fleet includes 49 vessels including 16 VLCCs…
Tanker Tech: TMC for Roncador Tankers
TMC Compressors of the Seas (TMC) has signed a contract to supply complete marine compressed air systems for two shuttle tankers that Hyundai Heavy Industries (HHI) is building for Norwegian tank operator Knutsen NYK Offshore Tankers (KNOT).The two 153,000 DWT DP2 shuttle tankers will be built by Hyundai Heavy Industries at their shipyard in South Korea and delivered in 2020. Following delivery, the vessels will operate in Brazil…
Coast Guard Rescues 31 From Disabled Boat North of Bimini
The Coast Guard rescued 31 Haitians from the disabled pleasure craft, Summer Art, Sunday approximately 9 miles north of Bimini, Bahamas.At approximately 5 a.m., Coast Guard 7th District watchstanders received a report of a disabled vessel with 31 people aboard approximately 9 miles north of Bimini. Watchstanders authorized the launch of a Coast Guard Air Station Miami HC-144 Ocean Sentry airplane crew and diverted the Coast Guard Cutter Bernard C. Webber (WPC-1101) crew to the scene.
Coast Guard's Only Heavy Icebreaker Arrives at Antarctica
The 150 crew members of the U.S. Coast Guard Cutter Polar Star arrived Thursday in Antarctica along with a resupply vessel during Operation Deep Freeze – a joint military service mission to resupply U.S. interests in Antarctica.Homeported in Seattle, the 42-year-old Coast Guard cutter is the United States’ only operational heavy icebreaker, and the crew is making their sixth deployment in as many years…
SCHOTTEL's Mechanical Hybrid Propulsion Solution
In a close collaboration with Svitzer of Denmark, SCHOTTEL has developed a new hybrid propulsion concept. The new concept is based on the recent SCHOTTEL Y-Hybrid thruster technology and connects a port and starboard mounted azimuth thruster in a vessel with each other. This makes it possible to drive two thrusters with either one of the main engines. The companies are now discussing a pilot project to retrofit an existing tug with the new mechanical hybrid technology.
BV Appoints Barrow as Vice President
Bureau Veritas has announced that it has appointed David Barrow as Vice-President for its Marine & Offshore South Asia Zone. He succeeds Kerem Kiper, who has already taken up the post of Vice-President, Middle-East, Africa and India.Based in Singapore, Barrow is responsible for leading the development and delivery of new activities and services for Marine & Offshore for the region. Alongside this,…
Tampa Bay’s Cross Bay Ferry a winner for HMS Ferries
The Ferry’s second season this year presents permanent possibilities.The Cross Bay Ferry from Tampa’s Florida Aquarium dock to the dock at the North Yacht Basin in St. Petersburg, Florida is off to a rollicking start, with 3,000 more passengers in it’s debut month of November 2018 than its strongest month during the 2016/2017 test period, and with continued support from Tampa Bay area leadership.“We are very encouraged by the numbers we are seeing so far,” St.
144 Migrants Taken to Libya Despite Dangers - U.N.
More than 140 refugees and migrants rescued at sea by the 'Lady Sham' ship have landed in Misrata, Libya, and been taken to a detention centre, United Nations aid…
P&O to Re-flag UK ships to Cyprus ahead of Brexit
British ferry and shipping freight operator P&O will re-flag its entire UK registered fleet to Cyprus ahead of Britain’s departure from the European Union to keep tax arrangements in the bloc, the com
Rolls-Royce Invests $65m to Upgrade Thruster Facility
Rolls-Royce completed a nearly $65m upgrade and refurbishment of its thruster manufacturing plant in Rauma, Finland, consolidating production over a single site.The plan to overhaul the site started in 2016, and after nearly three years the refurbished site was officially opened on January 22, 2019, with a ribbon-cutting ceremony performed by Finland’s Minister of Economic Affairs, Mr Mika Lintilä.“Our azimuth thrusters are one of our most important products…
CRUISE SHIPPING: Meyer Turku Delivers Mein Schiff 2
Momentum in the red hot cruise industry continues to build as TUI Cruises takes delivery of New Mein Schiff 2 from Meyer Turku shipyard.“For us it has been a thrill working with TUI Cruises on the design and construction of this ship. The passengers will surely notice and hopefully like the differences to the previous ships," CEO Jan Meyer said. "We have redesigned many of the areas of the ship, e.g.
GC Rieber Bags Statnett Management Contract
Norwegian shipping company GC Rieber Shipping has won a technical management contract from Statnett Transport for the Norwegian logistics company’s two RoRo vessels.The vessels are the 9…
Elengy Puts LNG Capacities on Sale
Elengy, the main French LNG terminal operator, has announced that it is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021 – 2030…
US Oil and Gas Industry Confidence Surges
Senior oil and gas professionals in the United States are among the world’s most confident about the outlook for the sector in 2019, as companies prepare for significant…
Floating LNG Power Vessel Market Set to Exceed USD 1 Bln
The Global Floating LNG Power Vessel market accounted for $780.14 million in 2017 and is expected to reach $1,073.54 million by 2026 growing at a CAGR of 3.6% from…