Eni, SABIC Form Gas Venture
Italian multinational oil and gas company Eni and Saudi Arabian chemical giant SABIC have signed a Joint Development Agreement to further develop an innovative technology…
LNG Demand to Reach 600 MT in 2035
The energy demand would continue to grow driven by emerging economies and the projected growth in global population, which will touch nine billion by 2040.LNG demand…
Nigeria: No More Vessel Waivers
The Nigerian Maritime Administration and Safety Agency (NIMASA) on Sunday said it had commenced clampdown on vessels that do not comply with the provisions of the…
New Maritime Connectivity Platform Launched
The Maritime Connectivity Platform Consortium has been established and a Platform launched last Friday during the conference e-Navigation Underway 2019.The Maritime…
Piraeus Port Signs MoU with Italian Ports
The Greek port of Piraeus signed a memorandum of understanding (MoU) with Italy’s port authorities from the cities of Venice and Chioggia.The agreement seeks to…
FLNG Market Grows a CAGR of +93%
Global floating liquefied natural gas (FLNG) market is growing at a CAGR of +93% during forecast period 2019-2026 as the demand for natural gas has been rising as…
PG Flow Solutions Wins VARD Contract
Norway's designer and shipbuilder of specialized vessels VARD has contracted PG Flow Solutions to supply the engine room pump system to the world’s first autonomous and electric container vessel…
Kalmar Provides Green RTG to Miami Port
Kalmar, the provider of eco-efficient cargo handling equipment and automated terminal solutions, , has signed a deal to supply six Kalmar Zero Emission Rubber-tired…
10mln+ Cruise Passengers Visits Spanish Ports in 2018
For the first time in Spain's history the ports have welcomed over 10 million cruise ship passengers, reaching a higher level within the global cruise tourism context.According…
EU Launches Project Mapping Maritime Professionals
European Community Shipowners' Associations (ECSA) and the European Transport Workers' Federation (ETF) are looking for external experts who will develop proposals…
ICS Hopes for Zero CO2 Fuels
International Chamber of Shipping (ICS) believes that the 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping.However…
Grimaldi: 18 Engines Ordered for 9 Ships
MAN Energy Solutions has won the order to supply 18 × MAN B&W 9S50ME-C9.6 TIER II-compliant main engines for 9 × 7,800 lane-meter RoRo vessels intended for operation in the Mediterranean Sea.
LNG Bunker Supply Vessel Christened
On February 8, 2019, what is touted as the world’s largest LNG bunker supply vessel Kairos was christened in the port of Hamburg. With a tank capacity of 7,500 m³, Kairos is the world’s largest LNG bunker supply vessel. The ice class vessel has several other unique features, including the ballast-free design and installation of a CNG tank to store vapor return gas from customer vessels. The construction of the vessel started in 2016 and in February 2018…
Jan De Nul Wins Australia Dredging Work
The Pilbara Ports Authority (PPA) engaged Jan De Nul Group to dredge the channel to the Port of Port Hedland. The project forms part of stage two of the Channel Risk and Optimization Project (CROP), a PPA initiative to sustain the long-term operation, development and future growth of the port of Port Hedland.Over the past several years, Jan De Nul Group has been the lead contractor on the majority…
Telford Offshore Adds Seven Vessels
Dubai headquartered offshore service company Telford Offshore said it has acquired an additional DP3 pipelay and accommodation vessel, and six offshore support vessels following a legal settlement between Sea Trucks Group (STGL in liquidation) and West African Ventures (WAV).The acquisition nearly triples the Telford Offshore fleet, up from four vessels to 11.The DP3 vessel Jascon 30 is set to be dry…
Hatteland Expands 4K Display Portfolio
Hatteland Display released a new 43 inch premium quality display as part of its Series X MVD product family. Hatteland Display’s latest UHD system features the same 4K panel technology as existing Series X MVD variants, all of which are designed to deliver the brightest, clearest picture for the safe and effective operation of bridge navigation and control systems.With 3840 × 2160 pixels compared to 1920 x 1080 on Full High Definition (FHD) displays…
CG Investigating Passenger Ferry Grounding
The Coast Guard is investigating a ferry grounding near Atlantic Highlands, NJ, Monday morning.At approximately 7:30 a.m., watch standers at Coast Guard Sector New…
Kitsap Transit's Hybrid-Electric Water Taxi
All American Marine, Inc. (AAM) built and launched a 150-passenger hybrid electric vessel for Kitsap Transit.The aluminum catamaran was designed by Glosten, Seattle, WA, and will operate during peak times on Kitsap’s Bremerton-Port Orchard or Bremerton- Annapolis routes.The 70 x 26 ft. USCG certified passenger ferry features an efficient aluminum catamaran hull, ADA access throughout the main deck, and twin BAE Systems HybriDrive propulsion systems driving fixed pitch propellers.
Naval Group inks $36B Submarine Contract
Australia signed a production contract with French shipbuilder Naval Group for a fleet of 12 new submarines, worth $35.5 billion, ending a two-year wrangle that cast doubt over one of the world's most lucrative defense deals.Australia selected the French builder as its preferred bidder for the fleet of submarines in 2016 ahead of other offers from Japan and Germany.However, final contracts were delayed…
Fund Buying Slows on Crude
Hedge funds added more bullish positions in crude at the start of February but at a much slower pace than before, as optimism about OPEC output cuts was tempered by renewed anxiety about the U.S.-China trade talks.Hedge funds and other money managers increased their net long position in Brent crude futures and options for the eighth time in the last nine weeks but by just 1 million barrels.Fund managers added new short positions (+13 million barrels) for the week ended Feb.
