Petredec Orders Three VLGCs from Jiangnan Shipyard
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Singapore-based shipowner Petredec Holdings (Eastern) PTE Ltd announced earlier this month that it has signed a contract for the construction of up to six 93,000-cubic-meter-capacity liquefied petroleum gas (LPG) carriers with dual fuel LPG propulsion at Jiangnan Shipyard (Group) Co. Ltd. The initial firm three vessels will deliver in January, March and May 2023, and the optional vessels would be handed…
Golar LNG, Black & Veatch in Green, Blue Floater Tech Push
Liquefied natural gas shipping firm Golar LNG and the engineering giant Black & Veatch on Thursday said they would expand their long-standing FLNG relationship,…
Cummins Unveils Stage V Solution for European Inland Waterways
![(Image: Cummins)](https://images.marinelink.com/images/maritime/w100h1500/image-cummins-118229.jpg)
Power solutions provider Cummins announced its new X15 Stage V solution for vessels operating on European inland waterways will launch in 2021. The Stage V certified product offers a power range from 500 to 600 hp (373 to 447 kW) for key applications including bow thrusters and main propulsion.“Cummins’ X15 Stage V solution is an integrated engine and aftertreatment package designed and developed in-house.
US Import Boom is Delaying Cargo at Nation's Busiest Port
![(Photo: Port of Los Angeles)](https://images.marinelink.com/images/maritime/w100h1500/photo-port-of-los-angeles-118226.jpg)
Record cargo imports are causing delays that are rippling from the nation’s busiest U.S. port complex to other parts of the transportation network, port officials and other executives said.Total volume at the Port of Los Angeles hit 980,729 20-foot equivalent units (TEU) in October, up more than 27% versus the year earlier. Loaded imports, which accounted for more than half of shipments, jumped 29%…
Suez Canal October Revenue Rises Month-on-month
![© Andrej Pol / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/andrej-pol-adobe-stock-118225.jpeg)
Egypt’s Suez Canal revenue rose to $490.2 million in October from $470.7 million in September, the cabinet said on Thursday.The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government’s main sources of foreign currency.Reporting by Momen Saeed Atallah; writing by Nadine Awadalla; editing by Jason Neely
Nigerian Crew Boat Owner Opts for Fueltrax
![Credit: Fueltrax](https://images.marinelink.com/images/maritime/w100h1500/credit-fueltrax-118223.jpg)
Fueltrax, a provider of marine fuel management systems, has said that a major Nigerian vessel owner and operator for fast crew boats and security vessels has upgraded two of its onboard electronic fuel monitoring systems to Fueltrax.Fueltrax said the client opted for its solution due to standards not being met with a previous electronic fuel monitoring system (EFMS)."The new vessels coming online with Fueltrax include two fast crew boats operating in the Gulf of Guinea…
Havyard Jumps to the Fore on Hydrogen
!["If Norway and the rest of the world are to achieve the emission reduction goals, we need solutions that can reduce emissions towards zero. We believe that the timing is right, given that both the market and the regulatory requirements create demand for concrete solutions that can result in substantial reductions in emissions from shipping," said Kristian Osnes, EVP in Havyard Hydrogen. Photo: Havyard.](https://images.marinelink.com/images/maritime/w100h1500/if-norway-and-the-rest-118219.jpg)
Havyard said that its complete hydrogen system for ships will be completed in 2021, and to that end the group is establishing a separate company to meet market demand for the solution, which will make it possible also for large ships to sail longer distances with zero emissions. Premised on the international mandate to dramatically reduce emissions from ships, Gunnar Larsen, CEO of the Havyard Group, said "We are seeing increasing interest in the market for hydrogen.
Höegh LNG to Supply FSRU in India in Q1 2021
![For illustration only - A Höegh LNG FSRU - Credit: Höegh LNG](https://images.marinelink.com/images/maritime/w100h1500/for-illustration-only-a-hegh-118212.png)
Höegh LNG has entered into a binding commitment to supply H-Energy with an FSRU in Jaigarh, India from as early as the first quarter of 2021.Jaigarh is south of Mumbai in Maharashtra state, India. The final agreement will be for 10 years with annual termination options after year five, Höegh LNG said.Höegh LNG will allocate one of its available FSRUs currently trading in the LNG carrier market for the project.President and Chief Executive Officer Sveinung J.S.
Nuclear Cargo Ship to Be Decommissioned in Scotland
![MV Oceanic Pintail being towed 1000nm to Dales Marine dry dock facilities at Leith (Photo: Dales Marine)](https://images.marinelink.com/images/maritime/w100h1500/mv-oceanic-pintail-being-towed-118199.jpg)
A long-serving nuclear cargo vessel has made its final voyage and will be decommissioned in Scotland.Earlier this month, Oceanic Pintail set sail from Barrow-in-Furness, in Cumbria, for the final time, and now 98% of the 3,865-tonne vessel will be recycled by Leith firm Dales Marine Services, an EU List approved supplier of vessel decommissioning.Oceanic Pintail, operated by International Nuclear Services (INS), was launched in 1987 and has served the U.K.
Nichols Brothers Launches Tug for Foss
![Leisa Florence upon arrival to NBBB’s outfitting Pier in Langley, Wash. The vessel will undergo final outfitting, dock and sea trials before delivery in December 2020. (Photo: Nichols Brothers Boat Builders)](https://images.marinelink.com/images/maritime/w100h1500/leisa-florence-upon-arrival-to-118207.jpg)
Leisa Florence, the third of four ASD-90 Class tugs for Foss Maritime, was launched at Nichols Brothers Boat Builders (NBBB) on Wednesday.The ASD-90 Class tugs designed by Jensen Maritime Consultants are 100’ x 40’ Z-Drive tractor tugs are built to U.S. Coast Guard Subchapter “M” regulatory standards, with ABS loadline certification and UWILD notation.The vessels are equipped with two MTU series 4000 main engines, meeting Tier 4 emission standards, coupled to Kongsberg US255 azimuth thrusters.
Sale of 25-year-old VLCC Ends 512-day Demolition Draught
The sale of Sam (formerly Zoya 1), an almost 25-year-old 300,500 DWT crude oil tanker, marks the end of the fourth longest streak of zero VLCC demolitions in history, this time lasting 512 days.
Resolve Marine Repositions Response Tug in Alaska
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Marine salvage and emergence response group Resolve Marine said it repositioned its response tug Makushin Bay from Dutch Harbor, Alaska to Kodiak, Alaska where the growing need for maritime and response services will provide local vessel operators and owners with rapid response and cost efficiencies.Stationing the salvage and emergency response vessel in Kodiak with a 24/7 manned crew will improve response time and marine services along Alaska’s south coast, the company said.
Coast Guard Cutter Returns Home After Crew Tests Positive for COVID-19
![File photo: U.S. Coast Guard Cutter Stratton (WMSL 752) (Photo: Matthew S. Masaschi / U.S. Coast Guard)](https://images.marinelink.com/images/maritime/w100h1500/file-photo-us-coast-guard-118205.jpg)
A U.S. Coast Guard cutter's patrol in the Eastern Pacific has been cut short following a coronavirus outbreak on board, the Coast Guard said Wednesday.Legend-class cutter Stratton (WMSL-752) returned to its homeport Wednesday at Coast Guard Island in Alameda, Calif. after 11 crew members tested positive for COVID-19 during the deployment.The affected crew members reported mild symptoms and are receiving medical care.The cutter was met by Coast Guard medical staff…
Carnival Cancels Cruises in Early 2021
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Carnival Cruise Line has canceled additional voyages in the early months of 2021 as it works to meet requirements to resume operations amid the ongoing COVID-19 pandemic.Having already suspended U.S. cruises for the remainder of this year, the cruise industry giant said Wednesday it has canceled all voyages from U.S. homeports through January 31, as well as sailings from Baltimore, Charleston, Jacksonville…
DEME Holds Naming Ceremony for Two New Dredgers
![(Photo: DEME Group)](https://images.marinelink.com/images/maritime/w100h1500/photo-deme-group-118202.jpg)
DEME hosted a digital naming ceremony for its two newest dual fuel trailing suction hopper dredgers built by Royal IHC.The 8,300 m³ Meuse River was officially named by the Flemish Minister for Mobility and Public Works, Lydia Peeters and the 15,000 m³ Bonny River by Els Verbraecken, Chief Financial Officer at DEME.When both vessels joined the fleet, they had a full order book and directly set course to their projects.
Container Freight Rates Soar
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Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic, shipping sources said.The Freightos Baltic Global Container Index (FBX), a weighted average of 12 major global container routes, rose to $2,359 per forty-foot equivalent (FEU) container this week…
US Inland Waterways: High Waters & Swirling Currents
![(Photo: Ingram Barge)](https://images.marinelink.com/images/maritime/w100h1500/photo-ingram-barge-118198.jpg)
The inland waterway system, flowing through the United States heartland, is a microcosm of all that has been happening in 2020: trade tensions, infrastructure issues, shifting trends in fuel consumption and the pandemic that has gripped us since the winter months. Shortly after the initial coronavirus outbreak here in the U.S., maritime workers were deemed to be “essential”, paving the way for cargo flows to recover from their springtime nadir. As COVID-19 infections turned up on U.S.
HamiltonJet Equips New Whale Watching Vessel
![(Photo: HamiltonJet)](https://images.marinelink.com/images/maritime/w100h1500/photo-hamiltonjet-118194.jpg)
Waterjet propulsion manufacturer HamiltonJet said it has once again partnered with Whale Watch Kaikōura on its newest vessel – Te Ao Marama.Te Ao Marama is a 24-meter catamaran designed by Teknicraft and built by Q-West in Whanganui. The bespoke Whale Watch vessel is powered by four HamiltonJet HJ364 waterjets and is equipped with intuitive, next generation AVX controls, which makes it exceptionally…
China's INE Considers Singapore for Marine Fuel Futures Delivery
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The Shanghai International Energy Exchange (INE) is considering using oil storage sites in Singapore owned by PetroChina Co as a delivery point for its low-sulphur fuel oil futures contract, according to two sources with direct knowledge of the matter.The INE’s move would be the first time a Chinese futures contract would be deliverable outside of China and could boost liquidity for the contract, as…
Maersk Confident About Shipping Recovery Beyond 2020
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Shipping group Maersk said on Wednesday it is confident about the outlook for shipping beyond 2020 as a second wave of coronavirus infections has only had a limited impact on global freight volumes.Maersk, the world’s biggest container shipping line, has recovered faster than expected after the pandemic halted trade around the world, benefiting from higher retail sales in the United States.“The second wave of coronavirus infections has had relatively limited impact on trade volumes,” Chief Execu