Conrad Backlog at $122.7m
Conrad Industries, Inc. (OTC Pink: CNRD) announced for the quarter ended March 31, 2019, it had a net loss of $307,000 and loss per diluted share of $0.06 compared to net income of $586…
INSIGHTS: Dennis Wilmsmeyer, Executive Director, America's Central Port
Dennis Wilmsmeyer was appointed Executive Director at America’s Central Port on July 1, 2010, prior to which he served 11 years with the Port District, six as General Manager.With over 30 years of experience, Dennis brings a wealth of knowledge and expertise to the table in the areas of transportation, planning, and economic development. His responsibilities include developing the Port’s 1,200-acre industrial park and business campus…
Statfjord Loading Still Shut After Spill -Equinor
Equinor has still not identified the source of an oil spill at its Statfjord field in the North Sea, and the loading of crude onto tankers remains shut, the Norwegian company told Reuters on Thursday.The leakage consisted of "small observations" of oil on the surface of the ocean, an Equinor spokesman said.The leakage of crude was first discovered on Wednesday, triggering a shutdown of loading on to a shuttle tanker, although production continued, Equinor said at the time.Statfjord, which opened
Marine Fuel Rules to Disrupt Markets for 1-5 years
The marine industry's January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships worldwide will launch a one- to five-year disruption in oil and refined products markets, according to a study released Thursday by Boston Consulting Group.The International Maritime Organization (IMO)'s mandated switch will require fuels to have a sulfur content below 0.5%, compared with 3.5% now. It…
Interview: Sebastiaan Bleuanus, Wärtsilä
The May 2019 edition of Maritime Reporter & Engineering News features a 10-page feature section on "Thought Leadership" in the marine power sector. Here we extract and present the interview with Sebastiaan Bleuanus, GM for research coordination and funding, Wärtsilä.Please put in perspective and discuss the current environment and pressure to reduce emissions in the maritime industry.The last 15 years have seen a shift in legislative focus in two main areas…
Evergas Names The First 85,000m3 VLEC
Danish gas ship owner Evergas announced that the worlds first Type-C 85,000m3 very large ethane carrier (VLEC) JS INEOS MARLIN was successfully delivered to INEOS…
AAL Delivers Four New Cranes for Felixstowe
The global ocean transport operator AAL Shipping has successfully delivered a cargo of four rubber-tired gantry cranes (RTGs) to the Port of Felixstowe, as part…
10,000th LNG Loading by ​​Qatargas
The world's largest liquefied natural gas company Qatargas announced that Qatargas Ras Laffan Terminal Operations (RLTO) has safely loaded the 10,000th cargo shipment…
Northern Sea Wolf to Cover Central Coast route
The new ferry between Bella Coola and Port Hardy will be starting up on Saturday, said the British Columbia Ferry Services Inc (BC Ferries)According to a news release…
KBR Awarded FEED Contract for Oman LNG
American engineering company KBR announced it has been awarded a Front End Engineering Design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their…
Trade War Puts LNG Projects at Risk
The escalation of the trade war between the US and China could jeopardize several LNG mega projects that are awaiting final approval, said Rystad Energy.China announced…
Royal Huisman Takes on Holland Jachtbouw Yard
Royal Huisman, a Dutch shipyard that specialises in the building and repair of sailing yachts, said that it will take over the Holland Jachtbouw facility in Amsterdam…
Port of Everett Facelifts South Terminal
Foss Maritime departed the Port of Everett enroute to the Port of Los Angeles to pick up two gantry cranes for use at the Port’s modernized South Terminal.The $57…
Triton Makes Record Transit Through Panama
The Panama Canal completed a trial transit of Evergreen’s Triton, the largest vessel in dimension and container cargo capacity to pass through the Expanded Canal…
Voith Intros Online Digital Platform
German engineering firm Voith has rolled out online platform 'MyVoith' for digital applications and services."MyVoith is a global platform that brings together the…
Cosco Completes US$3bn Peru Port Deal
Hong Kong-based international port operator Cosco Shipping Ports has completed the equity transaction of project company responsible for its greenfield subsidiary at the Port of Chancay…
First Woman President for BIMCO
The world’s largest shipping association BIMCO has elected Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, as its new President.“It is a great privilege…
Russia: Sovcomflot Posts Strong Q1 Profit
Russian maritime shipping company specializing in petroleum and LNG shipping, PAO Sovcomflot (SCF Group) has posted $70.1m in profit for the first quarter ended 31 March 2019.Sergey Frank…
Svitzer Australia Welcomes New Tugs
Svitzer Australia has welcome two new vessels to its fleet in 2019, as two UZMAR-built RAstar 3200 series tugboats begin the journey from Turkey to their respective…
Klaveness Combination Carriers to List in Oslo
Norway's Klaveness Combination Carriers (KCC) has raised 350 million Norwegian crowns in a private share placement, valuing the shipping firm at 2.27 billion crowns…
