New Pumps for Exhaust Gas Cleaning Systems
To curb global marine and air pollution, stricter limits on the sulphur dioxide content of marine exhaust gases stipulated by the EU and IMO (International Maritime Organization of the UN) will apply from 2020. From an engineering point of view, this can be achieved by using natural gas or fuels with a low sulphur content, and by cleaning the exhaust gases with a scrubber.For on-board exhaust gas cleaning systems KSB ITUR Spain S.A.…
DSME to Build LNG Carrier for Maran Gas
South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co (DSME) said that it has secured a deal to build a liquefied natural gas (LNG) carrier from Maran…
Estonia Blocks $1.9B Offshore Wind Project
The Estonian government has refused to start the permitting process for the building of a $1.9 billion, 600-MW offshore wind farm off the west coast of the island of Saaremaa…
CLIA: 28.5 Million Cruised in 2018
The global cruise passenger continues at a paced growth around the world with an almost seven percent increase from 2017 to 2018, totaling 28.5 million passengers.According…
Wärtsilä Supplies Transverse Thrusters for Cruise Ships
The technology group Wärtsilä has received orders to supply more than sixty of its transverse thrusters for twelve new cruise ships being built in four shipyards…
Belships Acquires Ultramax Bulk Carrier
Norwegian shipping company Belships ASA has entered into an agreement to acquire a secondhand 63,000 dwt bulk carrier M/V Sofie Victory.The ultramax vessel was built at New Times Shipbuilding…
DEME Wins Elbe Deepening Contract
DEME, an international group of specialized companies involved in complex marine engineering works, has won a major contract to carry out the deepening of the Elbe…
LR Intros World's Largest Autonomous Ship
UK classification society Lloyd’s Register (LR) has joined with ST Engineering Electronics (STEE), Mitsui & Co., and Smart City Solutions to develop the world’s…
HHLA Strengthens Intermodal Network
Metrans AS, a subsidiary of terminal operator Hamburger Hafen und Logistik AG (HHLA), has ordered ten Vectron MS locomotives from Siemens Mobility Czech Republic.The…
Nord/LB Sells Shipping Loans for USD2.9bln
German lender Norddeutsche Landesbank (Nord/LB) has completed the sale of a EUR 2.6 billion (USD2.9bln) shipping loan portfolio. The bank recently announced its…
S.Korea's LPG Imports to Grow: Drewry
South Korea’s liquid petroleum gas (LPG) imports are expected to increase 9.5% in 2019 on account of the growth is due to stronger demand from the petrochemical…
ICG Sells Oscar Wilde Ferry to MSC
Dublin-based maritime transportation group Irish Continental Group (ICG) has entered into a bareboat hire purchase agreement for the sale of the cruise ferry “Oscar…
CSA 2020 Welcomes Samsa Decision on EGCS
South African Maritime Safety Authority (SAMSA) has decided to allow the use of exhaust gas cleaning systems (EGCS) in its territorial waters and ports ahead of…
Study Shows LNG Forming Pathway to IMO 2050
Greenhouse Gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle…
Teekay Gets ECA-backed Newbuild Loan
Teekay Offshore Partner, a marine energy transportation, storage & production company, has signed for a shipping export credit agency (ECA)-backed US$414m debt facility…
APM Launches Gothenburg Gateway
APM Terminals, an international container terminal operating company headquartered in The Hague, said that its Gothenburg unit has launched The Gothenburg Gateway.Gothenburg…
Shoei Kisen to Deliver 4 Vessels to Yang Ming
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation and Japan's Shoei Kisen Kaisha signed charter agreements for four new 11,000 TEU containerships…
IMO Maritime Single Window Progress
A successful International Maritime Organization (IMO) project promoted by Norway to establish a maritime "single window" in Antigua and Barbuda has been completed…
New Ferry the Red Kestrel Completed
Merseyside shipbuilder Cammell Laird has completed the building the $13 million ferry the Red Kestrel, for Isle of Wight ferry operator Red Funnel.The Red Kestrel, a new freight-only RoRo vessel, sailed away from Cammell Laird’s famous River Mersey shipyard following a nine-month build program. In total the project used 45 British supply chain businesses and generated 3000 man hours of work for Cammell Laird's apprentices.
TOP Ships Commences Charter With BP
Tanker vessels owner TOP Ships announced its recently delivered scrubber fitted Suezmax tanker M/T Eco Bel Air, constructed at the Hyundai Samho shipyard in South Korea, commenced a previously announced time charter employment with BP on April 11, 2019.The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $47.5 million. For 2019 alone, this charter is expected to increase revenue by $6.6 million.
