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Crowley Ramps up Investment in Puerto Rico
Crowley Puerto Rico Services announced an additional $21 million construction contract for improvements and upgrades at its Isla Grande port terminal in San Juan. The contract was awarded to Del Valle Group, S.P. of Toa Baja, Puerto Rico, and includes expanding the terminal’s capacity for handling refrigerated containers; paving 15 acres to accommodate container stacking; installing a new electrical substation to provide power for three new ship-to-shore gantry cranes…
Maritime Turkey Set for a Tailwind
Turkey is strategically located, straddling both Europe and Asia with substantial number of Black Sea and Mediterranean Sea ports, thus making maritime trade and…
HUMMEL LNG Hybrid Barge Begins Second Season
For over one year the HUMMEL has been contributing to improved air quality at the port of Hamburg. Becker Marine Systems’ LNG Hybrid Barge will also be supplying lower mission power to the AIDAsol this year. The cruise ship has already made three calls since the middle of May and will have made a total of 16 stops at the Hafencity terminal by October. Operations of the HUMMEL LNG Hybrid Barge have started up again at the beginning of the new cruise ship season.
France's CGT Will Block Elengy's LNG Terminals
France's hardline CGT union said on Monday that workers at Elengy, which operates three liquefied natural gas (LNG) terminals in France, will go on strike from midnight until May 26 midnight included.
NASSCO Delivers Second ECO Tanker to APT
On Thursday, May 19, shipbuilders at General Dynamics NASSCO delivered the Magnolia State to longtime customer American Petroleum Tankers (APT). The ECO Class tanker…
Philly Shipyard Lays Keel for Second APT Tanker
Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT).
Can Shipping Help Greece Ride out the Storm?
Greece is considered to be the world’s first ship-owning country in terms of tonnage. The Greeks are known to control 17.7% of world fleet and gaining share except in crude tankers.
Norsafe Showing Comprehensive range at Posidonia
Norsafe will be showing a comprehensive range of its renowned safety craft at Posidonia, June 6 to 10th 2016 at stand 420, hall 3. Exhibiting in partnership with its Greek agent…
Petronas Chooses Jotun Antifoulings
Petronas has selected Jotun’s Hull Performance Solutions (HPS) antifouling system for two LNG vessels chartered from MISC. The advanced antifouling coatings and a full suite of performance measurement sensors will now be applied to Seri Amanah and Puteri Zamrud in a move that will increase vessel efficiency, cut fuel costs and reduce CO2 emissions by 10 percent, according to Jotun. Jotun’s antifouling…
Australia's Gorgon LNG Export Facility to Resume Ops
Chevron has begun to restart its Gorgon liquefied natural gas (LNG) export facility in Australia following its unplanned shutdown in April, the U.S. energy major said on Wednesday.
ICS Forecasts Serious Seafarers Shortage
The latest five-year BIMCO/ICS Manpower Report forecasts a serious future shortage in the supply of seafarers. • A need for an additional 147,500 officers by 2025 to service the world merchant fleet.
Hose-in-Hose Transfers Open a New Door to LNG
Trelleborg’s fluid handling operation, supplier of flexible bonded hose solutions for the crude oil, chemicals and liquefied natural gas (LNG) offshore industries, highlighted the areas where its Cryoline hose-in-hose transfer system for LNG will enable the extended use of LNG fuel, optimize the safety of its transfer and lower operator and supplier costs. According to Trelleborg , the cryogenic floating…
Wartsila's Value of Expediency
Regasifying and storing LNG offshore has allowed customers to import gas without committing to land-based infrastructure. The option also speeds up access to vast amounts of energy.
BIMCO/ICS Foresee 150,000 Marine Officers Shortage
Launched yesterday evening at the International Maritime Organization, the latest five-year BIMCO/ICS Manpower Report forecasts a serious future shortage in the supply of seafarers.
Gazprom, PetroVietnam Ink Multiple Deals
Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Quoc Khanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam)…
Papua New Guinea Bullish on LNG Potential
A new wave of investments in Papua New Guinea’s energy sector could see some $19 billion of projects launched in the coming years, boosting the country’s liquefied…
Awilco LNG Reports Loss
Oslo-based LNG shipping company, Awilco LNG, reported a first quarter freight income of US$8.9 million, down from $12.1 million in the same quarter the previous year.
US LNG Shipments Point to Global Gas Price Convergence
The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices, Fitch Ratings says. The first shipment of US liquefied natural gas (LNG) from Cheniere Energy's Sabine Pass facility to Europe arrived in Portugal at the end of April.
Four Patrol Boats Delivered in Nigeria
Four Damen SPa 1605 ballistic protected security patrol vessels have been delivered to C&I Leasing Plc, a player in the Nigerian offshore support vessel market. The patrol boats, which have already undergone sea-trials, will provide security patrol and escort services for LNG tankers calling in and out of the Nigerian LNG Bonny terminal. The 16-meter craft have aluminum hulls and GRP composite superstructures.
Cheniere Appoints Jack Fusco as CEO
Jack Fusco was named chief executive and chairman of Cheniere Energy Monday, ending a leadership search that began after activist investor Carl Icahn ousted the company’s founder.