Sovcomflot Gets Funds for LNG Carrier Duo
Russian maritime shipping company specializing in petroleum and LNG shipping, (SCF Group) has signed a new $297 million limited recourse credit facility to finance…
APM Terminals to Support SCCT
The international container terminal operating company headquartered in The Hague, APM Terminals said that it is working closely with the government of Egypt on…
U.S. Energy Hits Records in 2018: EIA
U.S. energy consumption, production, and exports have reached record highs in 2018, said U.S. Energy Information Administration (EIA).The United States produced…
Chemical Tanker Market Improves: Odfjell
The chemical tanker market saw continued improvements into what normally is a seasonally weaker first quarter, said Odfjell Group, a company specialising in worldwide…
Siemens Exits Power, Gas, Renewable Biz
German conglomerate Siemens AG said it will spin off and give up its majority stake in its energy division and merge it with separately listed wind turbine supplier…
MOL Readies 'Ballast Catch'
Japanese shipping giant Mitsui O.S.K. Lines (MOL) announced that the "Ballast Catch" = Viable Organism Sampler will begin marketing on May 15.The device, jointly…
MPA Revokes Southernpec's Bunkering Licence
The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator licence of Southernpec (Singapore), with effect from 08 May 2019. Southernpec…
USCG Approved 16-Hour Basic FF Class
U.S. Coast Guard approves Inland Logistics & Marine Institute course that will train mariners in Marine Fire Fighting utilizing state of the art equipment and simulators. Causal factors such as human error, associated dangers, welding, smoking, poor housekeeping, and faulty equipment will be thoroughly covered. Mariners will be learn proper use of Fire Fighting equipment with practical demonstration and live fire exercises. This course will satisfy U.S.
W&D to Build Two ASD Tugs for Moran Towing
Washburn & Doughty, of East Boothbay, Maine, has announced the execution of a new vessel construction contract with Moran Towing Corporation, of New Canaan, Connecticut…
Wilhelmsen: Q1 2019 Shows $29m profit
The Wilhelmsen group recorded a $29 million net profit after non-controlling interests for the first quarter of 2019. Increased share of profits from associates and net financial gains more than offset a reduction in adjusted EBITDA when compared with the previous quarter.Total income for the Wilhelmsen group was $199 million in the quarter, while EBITDA came in at $34 million. This included a $7 million sales gain.
Q-Flex LNG Carrier reaches 10 Years of Safety
Nakilat’s Q-flex LNG Carrier Al Ghashamiya has recently achieved a significant safety milestone of over 10 years without lost time injury (LTI) or Total Recordable Case (TRC), equivalent to nearly 3 million safe man-hours. Al Ghashamiya is one of 18 vessels being operated and managed in-house by Nakilat, with the fleet comprising of 14 LNG and four LPG carriers.Earlier in April, another Nakilat-managed vessel, LPG carrier Bu Sidra achieved 7 years LTI-free with 1.6 million safe man-hours.
Mjølner, MID-SHIP Partner for Product Solutions
Mjølner Shipping Holdings LLC and MID-SHIP Capital LLC has announced the expansion of their joint venture with the launch of their second fund, Mjølner Product Solutions…
Furuno USA Hires Toma
Furuno USA has hired a new commercial business development manager. Based in Houston, Texas, Mr. George Toma will play a key role in establishing and developing business relationships with commercial ship owners, operators, and builders around the country to promote the Furuno product line.Toma comes to Furuno with forty years of experience in the maritime industry. He has served on the Board of Directors for RTCM (Radio Technical Commission for Maritimes)…
VTA is now Standard for MAN 51/60DF Engine
MAN Energy Solutions has announced that VTA (Variable Turbine Area) is now standard on TCA turbochargers for its MAN 51/60 engine type, marking the first time that VTA technology has been approved as standard for a large-bore MAN four-stroke engine. MAN is the only turbocharger manufacturer to offer axial turbochargers with VTA as standard for any large-bore, four-stroke engines.MAN Energy Solutions reports that it already has more than 380 references of turbochargers sold with VTA technology…
Coast Guard Rescues 5 from Life Raft
The Coast Guard rescued five fishermen from a life raft Tuesday after they were forced to abandon their fishing vessel taking on water southeast of Sitka.A Coast Guard MH-60 Jayhawk helicopter crew from Air Station Sitka hoisted all five people and brought them to Sitka, uninjured.Coast Guard Sector Juneau Command Center watchstanders monitoring Channel 16 heard “Mayday, vessel Masonic going down,” at approximately 2:33 a.m.
China Iron Ore Imports Fall, Brazil Shipments Slide
China's iron ore imports in April fell to the lowest level in 18 months as poor weather in Brazil, the country's second-biggest supplier, disrupted shipments and some production by miner Vale SA was halted after a mine accident.Arrivals of iron ore, a key steelmaking raw material, were 80.77 million tonnes last month, the lowest since October 2017, data from the General Administration of Customs showed on Wednesday.
Tellurian to Decide on Louisiana Driftwood LNG Project in 2019
Tellurian Inc confirmed on Wednesday it still plans to make a final investment decision to build its proposed $30 billion Driftwood liquefied natural gas (LNG) export…
Keppel-Aibel Team Wins German Offshore Gig
Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations…
Cammell Laird Finishes RFA Fort Victoria Refit
UK based shipbuilding and engineering company Cammell Laird has completed GBP44mln Royal Fleet Auxiliary (RFA) Fort Victoria Refit.The supply ship Fort Victoria…
ITIC Warns Ship Brokers
International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing…
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