LNG Carrier Delivered to Nakilat
Qatari shipping company Nakilat took delivery of a newbuild liquefied natural gas (LNG) carrier Global Energy. Built by South Korea's Daewoo Shipbuilding & Marine Engineering (DSME), the vessel will be managed in-house by Nakilat and is the first of four LNG carrier newbuilds to be delivered to Global Shipping Co. Ltd., a joint venture of Nakilat (60%) and Greece-based Maran Ventures Inc. (40%). The delivery of all four newbuilds by end-2021 will bring Nakilat’s fleet to 74 LNG carriers…
SFL Buys Newbild VLCC with Long-Term Charter Secured
Shipowner SFL Corporation has agreed to buy a newbuild 308,000 dwt very large crude carrier (VLCC), in combination with a seven-year bareboat charter with an unnamed oil major, adding nearly $60 million to SFL’s fixed-rate charter backlog.The vessel is expected to be delivered from the shipyard in China in the second quarter and will have full cash flow effect in Q3 2020. "The net purchase price will be $65 million…
World First: Cruise Ship Piloted Remotely During Sea Trials
Royal Caribbean's Silversea Cruises says it is preparing to take delivery of its newest ship, Silver Origin, following a unique set of COVID-19-related challenges overcome by the shipbuilder and innovative sea trials that included world-first remote operations.The new 100-passenger ultra-luxury cruise ship was built by Dutch shipyard De Hoop, which completed construction despite setbacks brought on by the coronavirus pandemic.Silver Origin was still under construction on March 15…
Wilhelmsen Crowdfunds to Support Seafarers COVID-19 Relief
Wilhelmsen Ship Management (WSM) is crowdfunding to support Mission to Seafarers (MtS), one of the largest maritime charities serving merchant crews around the world in addressing the hardships faced by the affected seafarers.The COVID-19 pandemic has caused major disruption on crew change operations. The fallout effect of this has impacted approximately 150,000 seafarers onboard unable to be signed off and another 150,000 seafarers onshore unable to sign on.
Port of Indiana-Mt. Vernon Makes ‘Next Generation’ Terminal Upgrades
A recently completed a $2 million capital improvement project aims to attract more cargo to one of the nation’s largest inland ports.Situated 153 miles from the confluence of the Ohio and Mississippi Rivers, the Port of Indiana-Mount Vernon connects the Ohio River Valley region’s agriculture, coal and manufacturing industries to the rest of the world via year-round access to the Gulf of Mexico and Great Lakes through the inland waterways system.Each year…
Hornbeck Offshore Files for Chapter 11 Bankruptcy
Hornbeck Offshore Services has filed for chapter 11 to implement a prepackaged reorganization plan, according to a court filing in the U.S. Bankruptcy Court in Houston.The U.S.-based offshore vessel owner with more than $1 billion in long-term debt announed in March that it was negotiating wth lenders a restructuring support agreement and said it was moving toward a preackaged chapter 11 filing in the Southern District of Texas.In April…
Passenger Ferry LNG Conversion Project Kicks Off
Dutch shipyard Royal Niestern Sander has begun building a new aft for a passenger ferry that will be converted to liquefied natural gas (LNG) propulsion for German operator AG Ems.The shipyard is designing and building a completely new stern section to replace the one existing on the 1986-built passenger ship Münsterland, which will be fited with dual fuel engines, LNG storage tanks, propulsion systems…
Fairbanks Morse to Power USCG's OPC Ingham
Fairbanks Morse said it has been awarded a contract by Eastern Shipbuilding Group (ESG) to build and deliver the main propulsion diesel engines (MPDE) for the U.S. Coast Guard’s Offshore Patrol Cutter (OPC) Ingham (WMSM-917).Ingham is the third OPC being constructed by ESG in Panama City, Fla. The 360-foot-long cutter will be powered by two FM | MAN 16V 28/33D STC diesel engines, each rated at 7,280 kW for 14,560 kW of total propulsion power.
China Merchants Orders VLCC with Sails
China Merchants Energy Shipping said it has ordered a pair of 307,000 DWT very large crude carriers (VLCC) from China Shipbuilding Group's Dalian Shipbuilding Industry Company (DSIC), including one vessel that will be fitted with sail propulsion and another with air lubrication technology.The order was formalized during a virtual ceremony attended by representatives in Beijing, Hong Kong and Dalian.The…
Yamal LNG on Fast Boat to China as Northern Route Melts Early
The first vessel to deliver a liquefied natural gas (LNG) cargo from Russia's Yamal plant via the Northern Sea Route this year is on its way to China, ship-tracking…
General Dynamics Wins $40.3 Mln LCS Combat Systems Contract
General Dynamics Mission Systems said it has secured a $40.3 million contract to support the Naval Surface Warfare Center, Dahlgren Division (NSWCDD) in its role as U.S. Navy Littoral Combat Ship (LCS) Independence-variant Software Support Agent (SSA), Combat Management System (CMS), and In-Service Engineering Agent (ISEA).The contract, awarded May 1, will provide support for LCS Independence-variant CMS efforts.
Interview: John Waterhouse, EBDG - “Be Bold in Thinking but Cautious in Application”
John Waterhouse is a ubiquitous character in the U.S. maritime industry, a deep-thinker, a signature bow tie and more than three decades of naval architecture and marine engineering experience and success as co-owner of the Seattle-based Elliott Bay Design Group (EBDG).While growing up, John Waterhouse spent some time in Vancouver, BC, Canada, and it was as a young boy standing on the shores of English Bay…
Norwegian Shipowners Commit to Carbon Neutral Fleet by 2050
Norwegian shipowners have laid out plans to make the country's fleet entirely climate neutral by 2050, surpassing the International Maritime Organization's (IMO) target to halve shipping emissions within the same timeframe.The Norwegian Shipowners' Association on Tuesday revealed its member shipping companies have adopted four goals to reduce their environmental footprint. Members will first cut their greenhouse gas emissions by 50% per transported unit by 2030, compared to 2008.
Thyssenkrupp CEO: Cannot Put Timeline on Restructuring
Thyssenkrupp's CEO on Tuesday said that she could not put a timeline on the group's fresh turnaround plans, saying that selling assets - a key part of its strategy - was difficult in the current environment."We can prepare things but it is rather difficult to say how long it'll take," Martina Merz said, adding that prior to the coronavirus pandemic her estimate had been two to three years. (Reporting by Christoph Steitz; Editing by Maria Sheahan)
HHI Delivers Philippine Navy Frigate
The latest Philippine Navy frigate built by South Korea's Hyundai Heavy Industries (HHI), BRP Jose Rizal, departed for the Philippines carrying masks and other quarantine supplies.The 2,600-ton frigate, with maximum speed of 25 knots, features the Philippine Navy’s first operation of guided missiles and torpedoes.The new ship set sail to Subic port in the Philippines following a sail-off ceremony held by HHI on Monday.
Taiwan Says It's Complying with North Korea Sanctions
Taiwan is complying with international sanctions against North Korea, a senior Taiwanese security official told the United States’ deputy representative for North Korea on Tuesday, having previously been called out for breaking them.Taiwan, claimed by China as its own, is not a member of the United Nations, but says that as a responsible global player it is committed to ensuring sanctions are enforced to rein in North Korea’s nuclear and missile programs.In 2018, independent U.N.
China's DSIC Delivers VLCC CSSC Liaoning
The 308,000 DWT very large crude carrier (VLCC) CSSC Liaoning, constructed for a leasing company of China Shipbuilding Trading Company (CSTC) by Dalian Shipbuilding Industry Company (DSIC), was christened and delivered on May 8.The new generation VLCC independently developed by DSIC has a total length of 332.95 meters and a molded breadth of 60 meters. When the navigational draft is 20.5 meters, the ship can normally lade 2 million barrels of crude oil through the Straits of Malacca…
Schottel Propulsion for Aluminum Ferry Nairana
Nairana, a new all-aluminium ferry, is equipped with Schottel propulsion solutions.“The brief was to provide two unique, new vessels that are highly maneuverable to facilitate rapid turnaround times, have multiple engines for redundancy, and are economical," said Roger Janes, Sales and Marketing Manager of Australian shipbuilder Richardson Devine Marine. "Overall, they needed to be uncomplicated and reliable.The Incat Crowther-designed Nairana is constructed entirely from aluminium.
ShipMoney Digital Payment Solutions for Cash-to-Master Virtual Payments for Seafarers
As the health and welfare of seafarers continues to be a point of focus around the world, Maritime Payment Solutions, LLC (d/b/a ShipMoney), a provider of payment solutions for maritime companies, introduced ShipMoney Virtual Cards and the Transfer Marketplace, a pair of services designed to expedite payments to crew members and their families while providing a broad range of remittance options.ShipMoney’s Virtual Card solution uses Visa’s virtual card technology…
Wärtsilä to Equip First Japan-built LNG-Fueled Ferries
Finland's marine technology firm Wärtsilä has won a deal to provide a complete LNG-package for what will be the first LNG-powered ferries built in Japan.Under the deal, Wärtsilä will provide a complete LNG package, comprising the Wärtsilä 31DF engine, gearbox, and LNGPac storage, supply, and control system for two new ferries being built on behalf of Ferry Sunflower, a subsidiary of Mitsui O.S.K. Lines (MOL).
