IRClass Wins Two Indian Navy Contracts
The Indian Register of Shipping (IRClass) has secured a contract for the provision of classification services for four large survey vessels for the Indian Navy. These 110 meter vessels, which will be constructed by the Garden Reach Shipbuilders and Engineers Ltd., Kolkata, are the largest hydrographic survey vessels ever constructed for the Indian Navy.IRClass has also been awarded the classification services for two diving support vessels by Hindustan Shipyard Ltd.…
Shipbuilding: Damen TSHD for Portuguese Dredging Company
Recently the Jose Duarte started its first mining job in Lisbon. The trailing suction hopper dredger has been built in Portugal for a Portuguese dredging company, to a Spanish design and using Dutch dredging equipment. The European cooperation has resulted in a customized dredger performing above expectations on her first job.Portugal has a long coastline and a number of busy navigable rivers – an excellent backdrop for the dredging company Inersel.
Magellan: Freeport, Texas Possible Spots for Deepwater Terminal
Magellan Midstream Partners LP is considering Freeport, Texas and other locations along the U.S. Gulf Coast for a crude export terminal it had previously planned for a harbor island off the south Texas city of Corpus Christi, an executive said on Thursday.Magellan is still considering Corpus Christi as the spot for the terminal, Magellan senior vice president Mark Roles said during a panel at the Argus Americas Crude Summit in downtown Houston.
Roxtec Fire Lab Opens
Roxtec reports that it has more than doubled its fire resistance testing capacity, opening in Sweden a new laboratory that creates conditions for continuous development of safety products.The fire lab is located at the Roxtec headquarters in Karlskrona, Sweden, and it will play a key role in the product development and pre-certification process for the sealing solutions. With the lab Roxtec engineers and technicians can prepare tests with exactness.
Libyan Oil Ports Es Sider, Brega Closed, Production Unaffected -NOC
The eastern Libyan oil ports of Es Sider and Brega have been closed due to bad weather but crude production has not been affected, an official from state oil firm…
Tankers: Euronav Signals Strong Start to 2019
Belgian crude oil shipper Euronav NV said on Thursday it saw the return of a strong freight rate market during the fourth quarter, signalling a strong start to 2019.The company's core earnings (EBITDA) rose by 16.5 percent to $102.3 million in the last quarter of 2018."VLCC (very large crude carriers) freight rates trading at rates not seen in the last two years demonstrate an already tight balance between tanker demand and supply…
Obituary: Axel Kettmann, VP, CIMAC
CIMAC’s Vice President Axel Kettmann died on Monday at the age of 62 after a serious illness. The association has lost a companion who was extremely committed to the interests of the industry for many years, advancing many important topics.Axel Kettmann, Senior Vice President of ABB Turbo Systems in Baden for many years, always had a pragmatic view of what was feasible, without losing sight of the vision of innovative and clean energy generation.
TOP 5 Yachts of 2018
While the task to name only five 'Top' yachts of the year, Maritime Reporter & Engineering News' Lisa Overing gives it her best shot in the January 2019 edition.M/Y TIS: “Size Matters”The age-old question of whether or not size matters is typically directed at men. However, since a ship is called she, Maritime Reporter’s top spot for greatest yacht of 2018 is the class of 2018’s largest launch, M/Y TIS…
Offshore Terminal Plan Slowed by U.S. Shutdown
The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday.Enterprise plans to file a 10,000-page permit application with the U.S. Maritime Administration and the U.S. Coast Guard as soon as the U.S. government reopens.
Shipbuilding: Keppel Sees Rig Recovery, Profits Up
Singaporean conglomerate Keppel Corp posted improved results for the fourth quarter, helped by narrower losses in its offshore and marine division, and said it was seeing signs of recovery in the rig industry.The company on Thursday reported a net profit of S$135 million ($99.2 million) for the quarter ended December, compared with a net loss of S$492 million a year earlier, when it accounted for a…
Shipbuilding; Irish Ferries to Build Two Vessels
The European Investment Bank is providing EUR 155 million to finance two new passenger and vehicle ships for the Irish Continental Group (ICG) subsidiary Irish Ferries.The…
Seaspan Shipyards Awards JSS Contract to INDAL Technologies
Canadian shipbuilder Seaspan Shipyards has awarded Ontario-based INDAL Technologies Inc. a contract valued at almost $20M for work on Canada’s new Joint Support…
Eurosib's First Transit Container Train Crossed Grodekovo
CJSC Eurosib SPb - Transport Systems tgether with the Zhengzhou International Hub company (ZIH) started the first transit container train through border crossing of Grodekovo (Far East railway, RZD).
Gazprom, Mitsui Discuss LNG Cooperation
Japanese trading house and liquefied natural gas market participant Mitsui has held talks with Russia’s giant Gazprom on cooperation in liquefied natural gas (LNG)…
Port of Gothenburg Freight Volumes up 17% in 2018
Container volumes at the Swedish port of Gothenburg were 753000 teu in 2018, a 17% rise on the previous year, the port authority said."Volumes for 2018 reveal an upturn for containers of 110…
Wärtsilä Bags New Orders for Aquarius UV BWMS
Finnish technology giant in the marine and energy markets Wärtsilä Oyj announced that it has recently been awarded a number of contracts to supply its Aquarius UV…
WSM to Manage FSRU for Pardus Energy
Wilhelmsen Ship Management (WSM) has entered into a management agreement with Ireland-based Pardus Energy for their new building Floating Storage and Regasification Unit (FSRU).WSM…
Dubai Port Raises Stake in Australian Port
Dubai-based port operator DP World says it has acquired additional assets in DP World Australia (DPWA), giving the firm a majority stake in its Australian terminals.The…
NYK Takes Delivery of New Coal Carrier
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has taken delivery of a coal carrier equipped with a binary cycle power-generation system that utilizes…
Kavan Ratnayaka Appointed as Chairman of Sri Lanka Ports Authority
Kavan Ratnayaka has been appointed the new Chairman of Sri Lanka Ports Authority (SLPA). Ratnayaka assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA)…
