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China's Crude Oil Imports Rebound in April
![© Igor Groshev / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/igor-groshev-adobe-stock-112711.jpeg)
China's crude oil imports rebounded in April from a month earlier on daily basis as refiners ramped up output amid a recovery in fuel demand with the impact of the coronavirus outbreak easing while crude prices crashed on slumping consumption elsewhere.Crude oil arrivals were 40.43 million tonnes last month according to a full data table released by the General Administration of Customs on Thursday…
Virus Lockdowns Pummel Global Gas Demand, Force LNG Output Cuts
Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world's biggest buyers of liquefied natural gas (LNG), pushing Asia's spot prices to…
Wison Offshore & Marine's LNG Carrier Design Gets DNV GL AiP
![Image Credit: Wison Offshore & Marine](https://images.marinelink.com/images/maritime/w200h200c/image-credit-wison-offshore-marine-112674.jpg)
China's Wison Offshore & Marine's 200K LNG Carrier (“200K-LNGC”) design has received Approval in Principle from DNV GL.Wison Offshore & Marine said its design offers "an enhanced cargo capacity and greater efficiency."Wison’s 200K LNGC with an overall length of 300 meters holds 200,000 cubic meters cargo capacity (Mark-III FLEX membrane tank). It would be equipped with a WinGD6×72DF dual-fuel engine with lower emission of NOx…
Cruise Ship to House Staff from Coronavirus-hit Novatek Site
A cruise ship has arrived in Russia's northwesterly Murmansk region to accommodate healthy staff from a construction site run by the gas company Novatek, one of Russia's coronavirus hotspots…
Crowley Signs Up to Inmarsat’s Fleet Xpress
![Inmarsat said successful trials in Alaskan waters on board the Aframax tanker California contributed to the decision by Crowley Maritime Corp. to install Fleet Xpress across the majority of its fleet. (Photo: Inmarsat)](https://images.marinelink.com/images/maritime/w200h200c/inmarsat-said-successful-trials-in-112612.jpeg)
Crowley Maritime Corp. has agreed a contract to install Fleet Xpress from satellite communications provider Inmarsat on a majority of its vessels.The 128-year old Florida-headquartered business owns, operates and manages a diverse fleet of close to 200 vessels, including conventional and dual fuel (LNG) containerships, tankers and articulated tug-barges, and ship assist and offshore services tugboats…
LNG Carriers Build Up Around Virus-hit Europe
![© Maciej Bledowski / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/maciej-bledowski-adobe-stock-112500.jpg)
Liquefied natural gas (LNG) cargoes are piling up off the shores of Europe as the coronavirus pandemic severely disrupts gas demand, leading to delays in tanker discharges and a rise in the number of vessels used as floating storage, analysts said.Lockdowns due to the virus have led to a slump in industrial gas consumption worldwide, reducing demand for LNG and causing cargo deferrals, delays and cancellations…
Keppel O&M Says Pivot to Gas, Renewables Pays Off
![(File Photo: Keppel)](https://images.marinelink.com/images/maritime/w200h200c/file-photo-keppel-112429.jpg)
Keppel Offshore & Marine, an offshore construction subsidiary of Singapore's Keppel Corp, expects challenging conditions ahead due to the drop in oil prices but says its business diversification into gas and renewables has paid off.The company has traditionally been called an "offshore rig builder" as this was the Keppel O&M's core business in the heydays before the 2014-16 collapse in oil prices when oil fell from over $100 a barrel to below $30.However…
Covid-19 Catches up with Seaborne Coal in Asia
![Image by Yaniv - AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/image-by-yaniv-adobestock-112363.jpg)
The coronavirus pandemic has finally caught up with seaborne thermal coal in Asia, as soft demand in major importers India and China sends prices to multi-year lows and dents the polluting fuel's relative outperformance against other energy.The price of low-energy coal from Indonesia, the world's top exporter of thermal coal, has dropped to the lowest since assessments were started by commodity price reporting agency Argus in 2008…
Interview: Todd Thayse, Fincantieri Bay Shipbuilding
![](https://images.marinelink.com/images/maritime/w200h200c/-112356.jpg)
Vice President and General Manager of Fincantieri Bay Shipbuilding, Todd Thayse, has 34 years of experience in the maritime construction and repair industry, working with clients from all over the world as well as vendors and suppliers from the Great Lakes region and beyond. He has an extensive background in manufacturing production, material procurement, strategic planning, estimating, budgeting, labor negotiations…
Russian Firms to Build World's Most Powerful Nuclear Icebreaker
![(Photo: Atomflot)](https://images.marinelink.com/images/maritime/w200h200c/photo-atomflot-112265.jpg)
Two Russian companies signed a deal on Thursday to build the world's most powerful nuclear icebreaker to help boost trade on a northern sea route crucial to forging closer links with Asia.Atomflot, a subsidiary of Russian nuclear group Rosatom, and the Zvezda shipyard, owned by a consortium led by oil giant Rosneft, said they would work together to build the Lider (Leader) icebreaker.President Vladimir…
Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push
![Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum](https://images.marinelink.com/images/maritime/w200h200c/saad-sherida-alkaabi-the-minister-112210.jpg)
Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements, including those of its ongoing expansion projects of the giant offshore gas field North Field.Qatar Petroleum struck a deal with and Hudong-Zhonghua Shipbuilding Group Co.…
ABS Offering Most Annual Class Surveys Remotely
![© Jelle van der Wolf / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/jelle-van-der-wolf-adobe-112198.jpeg)
As remote surveys increasingly become business as usual, classification society ABS says it is now able to conduct nearly all annual surveys remotely on eligible vessels, after moving to further expand its remote offerings amid the COVID-19 pandemic.Launching 10 additional remote survey options today, ABS says it now offers a total of 28 surveys and audits able to be delivered remotely.“The industry is telling us they want our services delivered remotely…
Big City Fireboats
![(Credit: Bill Ingalls, NASA)](https://images.marinelink.com/images/maritime/w200h200c/credit-bill-ingalls-nasa-112192.jpg)
On March 3, the Coast Guard published a notice that Martin Midstream Partners (MMP), a petrochemical transport and storage company, was seeking approval to modify terminal operations in Beaumont, Texas, along the Sabine-Neches Waterway. If approved, MMP would expand its liquefied hazardous gas (LHG) operations, both in volume and products. Instead of just handling ammonia the change would allow shipments of butane…
Nakilat Reports $76m Q1 Profit
![Image: Nakilat](https://images.marinelink.com/images/maritime/w200h200c/image-nakilat-112121.jpg)
Nakilat announced financial results for the first quarter ended March 31, 2020 with a net profit of $76 million compared to $64 million during the same period in 2019, with an increase of 18%.Despite the ongoing challenges of the global pandemic, Nakilat continued to uphold operational management of its LNG and Liquefied Petroleum Gas (LPG) vessels.Additionally, Nakilat group continued to strengthen its value proposition…
China to Build Commodity Trading Center in Caofeidian
![© zhang yongxin / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/zhang-yongxin-adobe-stock-112109.jpeg)
China will beef up its Caofeidian pilot free trade zone, prioritizing the development of international commodities trade and bringing in more foreign investments, local government said on Monday.The Caofeidian district, on the edge of China's top steelmaking city of Tangshan, aims to achieve trade volume of more than 50 billion yuan ($7.07 billion) and introduce 100 foreign projects by 2022, it said in a statement on its website.The district also plans to make a commodities trading center in nor
LNG Tanker to Discharge First US Cargo in China in 13 Months
The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is…
Thailand's EGAT to Receive 2nd Spot LNG Cargo from Malaysia's Petronas
![Illustration; An LNG Tanker - Image by alexyz3d / AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/illustration-an-lng-tanker-image-112099.jpg)
State-run Electricity Generating Authority of Thailand said it will buy a second spot-market shipment of liquefied natural gas (LNG) on Tuesday.The state-owned PTT's Map Ta Phut LNG receiving terminal in the eastern part of Thailand will receive the 65,000-tonne LNG cargo from Malaysia's state oil and gas company Petronas, the Thai state utility said in a statement late on Friday.The April shipment is the second, after the spot-market LNG cargo in December.
The Path to Zero: Creating a Pathway to Carbon-Negative Shipping
![Dry ice formed by cooling exhaust gasses to -120°C is formed into Carbon Descent Vehicles that sink to depths of about 500 meters, where they penetrate the seabed, storing CO2 safely as liquid CO2 and CO2 hydrate. Image: MDC](https://images.marinelink.com/images/maritime/w200h200c/dry-ice-formed-by-cooling-112092.jpg)
Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target. Tom Mulligan reports.Shipping emits close to 1 billion tons of CO2 each year and the shipping industry needs carbon-free solutions to achieve the IMO’s 2050 target of a 50 percent reduction, compared to the 2008 level, in these massive emissions. However, according to Denmark’s Maritime Development Center…
Jurong Marine Services Orders LNG Hybrid Tug
![(Image: ABB)](https://images.marinelink.com/images/maritime/w200h200c/image-abb-111967.jpeg)
Sembcorp Marine subsidiary Jurong Marine Services has ordered a hybrid tug for delivery from the Sembcorp Marine shipyard by the end of 2020.The tug, which will operate in Singapore harbor, will be equipped with ABB’s electric propulsion, power, energy storage, control and automation technology, making it the first tug in South Asia capable of switching between low emission liquefied natural gas (LNG) engines and zero-emission battery power…
Keppel O&M, EMA Launch Call for Smart Solutions in Offshore Sector
![](https://images.marinelink.com/images/maritime/w200h200c/-111955.jpg)
Singapore-based offshore rig builder Keppel Offshore & Marine has partnered up with Energy Market Authority (EMA) to develop energy solutions in the areas of distributed energy resources, digitalization and emerging low carbon alternatives.As part of the $10 million partnership, EMA and Keppel O&M are launching a grant call for solutions relating to energy storage systems and smart power grids for the offshore and marine environment.
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
![](https://images.marinelink.com/images/storage/w150h150c/dzb9n6nw4aasept.jpg)
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
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Digitalization Driving Safety in the Maritime Sector
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Designer seeks permit to send out United States gas to Mexico for LNG exports
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Video: LNG Carrier Transits the Northern Sea Route
![](https://images.marinelink.com/images/storage/w150h150c/eduard-toll-northern-sea-route-passage-1.jpg)
Crowley Christens LNG-Powered ConRo
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Pasha Hawaii Brings LNG Containerships Online
![](https://images.marinelink.com/images/storage/w150h150c/nicksouzahnl1.jpg)
LNG Investment Set to Grow
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Maritime Reporter TV Interviews Leif Gross, Caterpillar
![](https://images.marinelink.com/images/storage/w150h150c/74b84e3d.jpg)
Inside Crowley's Commitment Class ConRo Ships
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