China Moves Another 2 Million Barrels of Iranian Oil into Reserve Tanks
China is set to receive close to two million barrels of Iranian oil this week and pump into a reserve base in south China, according to tanker tracker specialist Vortexa Analytics.Diona, a very large crude carrier owned by National Iranian Tanker Company (NITC), is expected to discharge the oil into an oil terminal in Zhanjiang of Guangdong province, said Emma Li, Vortexa's China analyst.This would be the third Iranian oil cargo destined for government stockpile following two similar-sized shipm
China Lockdowns Impeding Supply Chain Recovery -US Treasury Secretary
U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a broader slowdown in growth in the world's No. 2 economy could have global spillover effects that warrant close attention."Certainly the lockdowns look like they are impeding the production and flow of goods and services, given how extensive they are…
FUELTRAX Taps IMS for Middle East Sales
Fuel management solutions company FUELTRAX reports it has named Integrated Marine Solutions (IMS) as its Saudi Arabian partner to focus on sales and installation for clients in the region.Located in northeastern Saudi Arabia, along the Arabian Gulf, IMS is based in Tanajib, home to a major Saudi Arabian Oil Company oil complex. The company’s technicians have been trained by FUELTRAX and have already…
New Product: Rhosonics CLAMP-IN Pipe Integration System
Rhosonics debuts a pipe integration system for the Slurry Density Meter (SDM) – the Clamp-In, designed to make it easy to remove the sensor without interrupting the process.The Clamp-In allows the installation of existing pipes in the process: plastic pipes, metal pipes or even pipes with internal liners. All necessary mounting materials are supplied with the product, including the drill for making the hole in the pipe.
Danelec Scores Order to Outfit 100+ Ships
Danelec Marine will roll-out out a digital upgrade across a fleet of 100+ vessels, following an order placed in March 2022. The ships will be connected to the DanelecConnect Cloud platform where a package of performance monitoring applications will unlock operational insight, designed to reduce fuel consumption and enable the unnamed customer’s extensive decarbonization strategy.“With pressure across…
Valenciaport Notes that War, Inflation, Shortages Hamper Spanish Export Activity
Between January and April, the number of containers full of cargo (export) fell by 12.72% and those unloaded (import) increased by 6.96%The geopolitical situation, the war in Ukraine, the increase in the cost of energy and the shortage of raw materials are weighing down export activity. Foreign trade in all sectors such as vehicles (-7.68%), agri-foodstuffs (-15.79%), construction materials (-10.55%) and chemical products (-18.14%) fellOn the other hand…
French Shipping Firm CMA CGM to Buy Stake in Air France-KLM
French shipping firm CMA CGM will take a stake in Air France-KLM as part of an air cargo partnership, betting on growing demand for flying goods around the world as supply chains remain snarled in the wake of the pandemic.CMA CGM will take up to 9% of Air France-KLM, worth about 240 million euros ($252 million) based on Tuesday's closing price, part of a possible capital increase by the airline group for the duration of their partnership that is initially set to run for 10 years…
Shipbuilding: Sanmar Delivers Tug to Svitzer
Sanmar Shipyards delivered a RAmparts 2400SX class Z-drive tug to Svitzer for its operations in the Dominican Republic.Dubbed Svitzer Rivas, this is the 27th tugboat that Sanmar has delivered to Svitzer, and is based on the exclusive-to-Sanmar RAmparts 2400SX design from Robert Allan Ltd.“Our operations in the Caribbean are key to Svitzer Americas and by expanding and modernising our fleet, we aim to further strengthen our position as the leading towage provider in the Caribbean…
Italy's Snam Signs FSRU Conversion Deal with Golar
Italian gas group Snam has signed a contract with Golar LNG under which Golar will deliver the existing LNG Carrier "Golar Arctic" as a floating storage and regasification…
Putnam County FD Orders Pair of Lake Assault Fireboats
The Putnam County Fire Department, located midway between Atlanta and Augusta, Ga., has purchased two identical Lake Assault Boats craft scheduled for delivery later this year. The vessels will assist the department in providing fire suppression and emergency response services on Lake Oconee and Lake Sinclair, as well as on the land surrounding both.“Our department protects 185 miles of shoreline, which includes hydropower facilities…
Giersdorf Joins American Queen Voyages as Acting President
American Queen Voyages announced David Giersdorf has been named acting president for American Queen Voyages for a term of up to 18 months. He will report to Kevin Rabbitt, chief executive officer, Hornblower Group.Giersdorf has served in the role of advisor to American Queen Voyages for nearly three years and brings a deep passion and understanding of Hornblower’s overnight cruise industry including supporting the acquisition and reimagining of the independent shore excursions business…
Liberty Green Creates Offshore Wind Consortium
Liberty Green Logistics LLC, (Lake Success, NY) formed an offshore wind supply chain consortium to provide "Factory to Farm" logistical support and integrated supply chain services to the U.S. offshore wind industry. The consortium is on a non-exclusive basis and available as a one stop shop for developers, OEM’s, and EPC contractors, providing services ranging across ports & terminals, vessels, and supply chain logistics.
GTT Designs Fuel Tanks for Six New LNG-fueled Containerships
French engineering firm GTT said it has been chosen in April 2022 by Korean shipyard Hyundai Heavy Industries to design the cryogenic fuel tanks of six liquefied natural gas (LNG) fueled containerships.The vessels for the unnamed owner are scheduled to be delivered between the fourth quarter of 2024 and the second quarter of 2025.These six vessels will have a capacity of 7,900 containers each and will be equipped with LNG tanks, holding up to 6,000 m3 of LNG used as fuel.
Seaborne Oil a Lifeline as German, Polish Refiners Swerve Russian Supply
Seaborne oil has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian deliveries into the Polish port of Gdansk hitting at least seven-year highs this month as they switch away from Russian supply.Imports booked for May into Gdansk from Egypt, the United States, Norway, Britain and West Africa had hit 8.4 million barrels by May 16, their highest level according to Refinitiv Eikon ship tracking data that goes back to 2015.At the same time…
L3Harris Selected for US Navy Submarine Tender Design Study
L3Harris Technologies announced it is one of three companies selected to provide Preliminary Designs for the next generation submarine tender, a support vessel that will provide expeditionary maintenance and repairs for U.S. Navy submarines.New York-listed L3Harris said it will support the development of the AS(X) ship specifications, interface specifications, ship cost estimates and construction schedules under the base AS(X) Concept Refinement and Preliminary Design contract.
Cox Marine Inks Expansion Deal with UAE Partner Gulf Yachts
Diesel outboard engine manufacturer Cox Marine announced an expanded contract with UAE partner Gulf Yachts to cover additional regions as exclusive distributor.Gulf Yachts is increasing its territories beyond Qatar, Oman, Kuwait and Lebanon to also distribute in UAE and Bahrain, and the new deal confirms the Doha-based company as the largest distributor of the CXO300 diesel outboard in terms of volume of sales.Appointed by Cox Marine in 2020…
Crew Transfer Vessel-maker Strategic Marine Orders 50 Caterpillar Engines Citing Supply Chain Chaos
Singapore's Strategic Marine has ordered 50 of its C32 ACERT IMO III engines from Caterpillar dealer PT Trakindo Utama Singapore Branch, citing severe disruptions to the supply of what it says is critical shipbuilding equipment due to the pandemic, which has caused worldwide logistics and supply chain bottlenecks and disruptions.The company, which builds aluminum boats, with offshore crew transfer vessels being its main offering…
Helix Energy Solutions to Buy Alliance Companies to Boost Presence in Gulf of Mexico Decommissioning Space
U.S.-based offshore oil and gas services firm Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration.Alliance is a Louisiana-based privately held company that provides services supporting the upstream and midstream ‎industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and ‎reclamation…
Tech Feature: Next-Generation Maritime Electrical Solutions Today
Asbjørn Halsebakke of Yaskawa Environmental Energy/The Switch discusses the application in maritime for the company’s new generation DC-Hub with its unique Electronic DC Breaker (EDCB) and Electronic Bus Link (EBL).Your company is starting to talk about its new generation DC-Hub. Can you give an overview of this product evolution with insight on what makes it unique?I think one of the key features with maritime products and with DC-Hub is that you need to think first about personal safety.
First Jack-up Rig Built for IMI Loaded Out
International Maritime Industries (IMI), which describes itself as the largest shipyard in the MENA region, and offshore construction firm Lamprell on Tuesday announced the successful completion of the load-out and float-off of the first jackup drilling unit being constructed for IMI.The jack-up rig will now undergo intensive mechanical completion and commissioning before being transferred to IMI’s yard in Ras Al Khair…