WFW Advises on Race Bank Wind Farm Deal
Watson Farley & Williams (WFW), an international law firm based in London, said that it has advised Race Bank Wind Farm Limited on its USD 608 million sale of transmission…
TEN Adds New Aframax Crude Tanker to Fleet
Tsakos Energy Navigation (TEN) announced the delivery of an aframax tanker, the first in a series of four advanced technology vessels, built against long-term contracts…
New Offshore Wind Launch Academy in UK
Offshore Renewable Energy (ORE) Catapult, the UK's flagship technology innovation and research center for offshore wind, wave and tidal energy, has launched a new…
Bahri Profits Up in Q3
The owner and operator of very large crude carriers Bahri announced strong financial results for the third quarter ended September 30, 2019, on the back of solid…
CMA CGM Launches Trade Finance Service
French shipping line CMA CGM has launched Shipfin Trade Finance (STF) , its new range of financing services dedicated to importing and exporting, in partnership…
Total, Zhejiang Energy Establish Bunkering JV
French oil and gas company Total has signed a deal with Chinese state-owned Zhejiang Energy Group (ZEG) to create a joint venture company to supply and delivery…
Navios Repays $198mln Debt Early
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced the repayment of its Term Loan B on October 18, 2019.The tanker shipping…
Taronis Opens Facility in Amsterdam Port
The US-based Taronis Fuels will be launching its first-ever production facility in Western Europe in the port of Amsterdam. The new site will be dedicated to the production of bio-based welding gas…
Teekay Resolves China LNG JV Issues
Teekay LNG’s 50/50 joint venture with China LNG, which owns four on-the-water ARC7 LNG carriers and two ARC7 LNG carrier newbuildings, is also no longer classified…
Essar Ports Posts 20% Cargo Growth
Essar Ports, India's second-largest, private-sector port and terminal company by capacity and throughput, posted a record 20 per cent cargo growth in April-September…
Yxney, Grieg Connect Team Up with NOx Fund
The data analytics duo Yxney Maritime and Grieg Connect are partnering with the Norwegian NOx Fund to develop a data-driven digital solution for automated NOx emissions reporting. Solstad Offshore and ferry operator Fjord1 will participate in the pilot phase of the project.The Norwegian NOx Fund records NOx emissions from all vessels operating in Norwegian waters and collects a fee for emissions per vessel.
LR approves ethane transportation solution
Classification society Lloyd's Register (LR) said it has awarded Babcock LGE with Approval in Principle (AiP) for a solution designed to maximize the economic transportation of ethane in very large ethane carriers (VLECs), by combining the reliquefaction and ethane fuel supply systems.Babcock’s ecoETHN solution separates excess methane from within the cargo boil-off gas (BOG) and feeds this into an ethane-fuelled VLEC engine, thereby reusing the incondensable methane gas as fuel.
Wärtsilä LNG Refit for Münsterland Ferry
Wärtsilä was selected to carry out a retrofitting project aimed at lessening the environmental footprint of a ferry operating on the Wadden Sea, a UNESCO World Heritage listed area in the south eastern end of the North Sea.The retrofit will enable Münsterland, a RoPax ferry owned by German operator Aktien-Gesellschaft ‘Ems’ (AG Ems), to use LNG as fuel, significantly reducing its greenhouse gas emissions.Work will take place at the Koninklijke Niestern-Sander B.V.
Tech File: Boiler Tech for LNG Propulsion
With the projected increased adoption of LNG as a fuel in the marine sector, Alfa Laval plays a key role with its tech an knowledge in the area of boilers, which enables ships to deal with boil-off gas (BOG). Specifically, Alfa Laval’s dual-fuel boilers, Gas Combustion Unit (GCU) and services effectively form a portfolio of solutions for BOG safety.To use LNG as fuel, vessels must be able to manage boil-off gas (BOG), the evaporated gas that can increase tank pressure.
DP World Reports Lower Quarterly Global Cargo Volumes
Port operator DP World reported on Tuesday a third quarter decline in cargo handled across its global portfolio as volumes fell in Dubai for a sixth consecutive quarter.The operator said it handled 18 million twenty foot equivalent unit (TEU) containers in its ports in the three months to Sept. 30, down 1.6% on the same period a year ago.It said a global trade row created a challenging environment.
Ferry Tech: Retractable Bow Foils for M/F Teistin
Innovation in the world of marine design and propulsion continues to move forward at record speed, driven by new emissions regulation and the push toward emission free ships. In September 2019 an innovative new technology from Wavefoil AS of Trondheim, Norway was installed on the Faroese ferry M/F Teistin, the first ship in the world with retractable bow foils that are designed not only for ship stability…
Baltic Index Sluggish Capesize Demand
The Baltic Exchange's main sea freight index fell for the eighth session in a row on Tuesday, as the capesize segment hit an over three-month low.* The Baltic index…
Tankers Unable to Offload in Malaysian Port
Refineries at Port Dickson on Peninsular Malaysia's west coast are unable to receive crude oil after a port facility that carries crude from the ships to the plants broke down.A system known as a single point mooring (SPM) unit, a loading buoy anchored offshore that allows tankers to offload their crude via pipeline to the refineries, has been out of service, the refinery operators said.The SPM connects to a refinery operated by Hengyuan Refining Company Bhd (HRC)…
Damen Patrol Vessels for Offshore Nigeria
Damen recently delivered a pair of FCS 3307 high-spec patrol vessels to be operated by Homeland Integrated Offshore Services (Homeland IOS Ltd) in Nigeria, and now the boats are being prepared for their assignments. The boats will be deployed in the Gulf of Guinea to protect and support the offshore assets of Homeland’s clients which include many international oil companies.Features of the 33-m vessels…
ORCA Hub Readies Drones for Offshore Energy
A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its…
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