Golar LNG Buys NFE's Stake in FLNG Hilli
Golar LNG has acquired New Fortress Energy's (NFE) stake in FLNG Hilli - also known as Hilli Episeyo. "In return for NFE’s 50% Common Unit holding in Golar Hilli LLC, Golar has transferred its remaining 4.1 million NFE shares to NFE, paid NFE $100 million in cash, and assumed approximately $323 million of FLNG Hilli debt," Golar LNG said. FLNG Hilli (Hilli Episeyo) is currently located offshore Kribi, Cameroon.
Putin Says Nord Stream Blasts Carried Out on 'State level'
Russian President Vladimir Putin said on Tuesday that last year's blasts on the Nord Stream gas pipelines had been carried out on a "state level", dismissing the idea an autonomous pro-Ukraine group was responsible as "complete nonsense."The Nord Stream 1 and 2 pipelines connecting Russia and Germany under the Baltic Sea were hit by a series of unexplained explosions last September, in what Moscow has called an act of "international terrorism."Denmark…
Despite '22 Stumble, Share of Ships with Scrubbers Rising
“Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, the share of ships with a scrubber is set to increase in coming years as 17% of ships in the shipyards’ order books are expected to have a scrubber installed,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Since January 1…
Offshore Vessel Charging System Passes Harbor Tests
UK-based marine electrical engineering company MJR Power and Automation on Tuesday announced the successful harbor trials of its platform-mounted automated offshore power and charging system.The offshore power and charging system is designed to convert energy delivered directly from the offshore wind farm, and enable all heavy hybrid and electric crew transfer vessels and other offshore support vessels…
Safe Bulkers Sells Panamax Bulk Carrier
Dry bulk shipping company Safe Bulkers announced it has reached a deal to sell one of its Panamax bulk carriers for $22.5 million.The 75,000 dwt Efrossini, built in Japan in 2012…
Snow & Company Launches San Francisco Pilot Boat
Seattle shipbuilder Snow & Company on Tuesday launched a new pilot boat it is building for the San Francisco Bar Pilots.The 67-foot-long, all-aluminum vessel Golden Gate was designed by U.K. firm Camarc Design and is capable of speeds up to 30 knots.The vessel is is powered by MAN D2862 LE 438 1,200HP US EPA Tier 4 engines that drive Hamilton HTX52 waterjets through Twin Disc MGX 6599 SC gearboxes.
At Least 21 Confirmed Dead in Gabon Ferry Accident
Search teams in Gabon have recovered the dead bodies of 15 passengers of a ferry that sank off the West African country's coast last week, bringing the provisional death toll up to 21, the coordinator of rescue operations said on Tuesday.The Esther Miracle ferry was carrying 161 passengers from Libreville to Port-Gentil when it sank close to the coastal village of Nyonie on March 9.Authorities confirmed six deaths on Monday and were still searching for 31 missing people.
Rem Offshore Announces New PSV Contracts
Norwegian offshore vessel owner Rem Offshore on Tuesday announced it has secured multiple contracts for several of its platform supply vessels (PSV).Rem Cetus, Rem Insula and Rem Server have been extended for one year with Apache North Sea Limited in the U.K. sector. Rem have had several vessels on charter with Apache over the last years.Rem Arctic has been awarded contracts with Well Expertise (DNO Norge ASA and Wellesley Petroleum AS) for two wells supporting Deepsea Yantai…
Wave of New LNG Export Plants Threatens to Knock Gas Prices
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say.Proposed and approved new LNG plants would boost LNG supply by 67% increase to 636 million tonnes per annum (mtpa) by 2030 from 2021 levels, potentially saturating…
UAE's Fujairah Port Set for Robust Growth as Russian Trade Reshuffles
Storage demand and transit volumes are poised to grow further at the United Arab Emirates' Fujairah port this year as Russian trade flows continue to flood the hub, industry executives said on Tuesday.Russian oil barrels have been flowing into popular ship-to-ship transfer hubs in the Middle East and Asia since last year as Western sanctions led to the reshuffling of trade flows."We have seen a huge influx of Russian barrels coming into Fujairah ...
Van Oord Christens Second LNG-powered TSHD Vox Apolonia
Van Oord announced on Tuesday it has christened its new trailing suction hopper dredger (TSHD) Vox Apolonia, built by Keppel Singmarine Pte Ltd shipyard in Singapore.The newbuild is the second in a series of three new dual-fuel liquefied natural gas (LNG) fueled TSHDs being built for the Dutch dredging and marine services contractor.The 10,500-cubic-meter-capacity Vox Apolonia and its sister vessels Vox Ariane and Vox Alexia, fall into the mid-class section of Van Oord’s TSHD fleet.
Fremantle Ports Orders New Pilot Boats
Western Australia’s Fremantle Ports has awarded a $7.6m contract to Geraldton boat and ship builders, Dongara Marine, to construct two new pilot boats to enhance its small boat fleet.The first pilot boat is scheduled for delivery in mid-2024 and the second later that yearFremantle Ports CEO Michael Parker said the new pilot vessels would be pivotal in the organization's continued delivery of an efficient and highly-reliable service to ship owners…
ACBL Orders 11,000 HP Towboat from C&C Marine and Repair
Jeffersonville, Ind. based American Commercial Barge Line (ACBL) on Tuesday announced it has signed a contract with Belle Chasse, La. shipyard C&C Marine and Repair to build a 11,000 horsepower (HP) class towboat.Designed by Portland, Maine-based CT Marine, the twin-screw towboat will measure 198 feet long, with 50-foot beam and 12-foot depth. With accommodations for a crew of up to 12, the vessel incorporates a floating, spring-mounted superstructure for additional onboard comfort.
Australia Outlines $245 Billion Nuclear Submarine Plan
Australia's nuclear-powered submarine program with the United States and Britain will cost up to A$368 billion ($245 billion) over the next three decades, a defense official said on Tuesday, the country's biggest single defense project in history.U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak on Tuesday unveiled details of a plan to provide Australia with nuclear-powered attack submarines…
TFG Marine Targets 20% Bunker Sales Rise through Expansion
TFG Marine, majority owned by commodities trader Trafigura, aims to increase its marine fuel sales volume by up to 20% this year through expansion in Africa, the UK and the Mediterranean, a senior company executive said.The fuel supplier is looking to expand its volumes to 11-12 million tonnes, up from about 10 million tonnes in 2022, its head of bunkering Kenneth Dam told Reuters on the sidelines…
GLDD Preps for its New Hopper Dredge Galveston Island
With dredging business booming in the U.S., companies across the country invest in innovative new tonnage to get the job done more efficiently, effectively and safely. Chris Gunsten, SVP, Project Services & Fleet Engineering, Great Lakes Dredge & Dock (GLDD) and Patrick Webb, Senior Director Sales - Global Marine and Stationary, Wabtec discuss the tech inside the new Conrad-built trailing suction hopper dredge Galveston Island.Conrad Shipyard recently launched Galveston Island…
Solstad Offshore Offloads Far Sabre AHTS
Norwegian offshore vessel owner Solstad Offshore has sold the anchor-handling tug supply vessel Far Sabre for an undisclosed fee.The 2008-built vessel has been in layup since 2019. Delivery of the vessel to the new owner took place on Tuesday. Solstad did not say who the buyer was."The sale of the vessel will result in a minor positive accounting effect to be reflected in 1Q 2023," Solstad Offshore said.Earlier on Tuesday…
Eimskip, Ernst Russ JV Acquires Secondhand Containership
A joint venture between Eimskip and Ernst Russ AG has acquired a secondhand containership. Financial details of the transaction were not disclosed.The vessel, to be named Bakkafoss, was built in 2009 and has a slot capacity of 1,025 TEU.Scheduled for delivery in the second quarter of 2023, the vessel will be chartered out to Eimskip for a period of up to three years, serving the company's North American route.With this investment…
Philippines Beefs Up Efforts to Contain Oil Leak from Sunken Tanker
Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal towns and was still spreading, the environment ministry said on Tuesday, as the country grapples with cleanup challenges.Improvised spill booms made from cogon grass and coconut materials were helping to restrict oil leaking from MT Princess Empress, the Philippine-flagged tanker that encountered engine trouble in rough seas on Feb.
Survivors of Libya Shipwreck Brought Ashore in Italy
Seventeen migrants rescued after the latest deadly shipwreck in the Mediterranean were brought ashore by the Italian authorities on Monday as Italy faced criticism for its response to the crisis.Those rescued were taken to the Sicilian town of Pozzallo, Italian newswire ANSA reported, and said they were all originally from Bangladesh.Thirty people were feared drowned after the boat they were traveling in from Libya capsized in bad weather on Sunday…
