MPC Container Ships ASA (MPCC) announced it has reached a deal to acquire fellow Norwegian-based container shipping company Songa Container AS for $210.25 million on a debt and cash free basis. The transaction is expected to be completed by the end of July 2021.Upon closing, MPCC will acquire Songa’s fleet of 11 container vessels, with an average size of 2,250 TEU and an average age of 11.9 years , creating a combined fleet of 75 ships and a total capacity of roughly 158,000 TEU. Nine of the acquired ships are fitted with scrubbers while three are equipped with the highest ice-class.
South Africa's National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned freight logistics group Transnet, President Cyril Ramaphosa said on Tuesday, as the country tries to overhaul some of the world's worst-performing ports.A report last month ranking container ports by the World Bank and IHS Markit saw South Africa's major ports at the bottom of the list, with Durban faring the worst among local peers by coming in at 349 out of a total of 351 ports assessed globally.
Friede & Goldman Ltd. (F&G), a company known for its offshore oil drilling rig designs, has announced the BargeRack, "a revolutionary solution to the feeder concept of offshore wind turbine installation.""BargeRack is tapping F&G’s unmatched 72-year history to bring a safe and simple method of installing up to 20MW wind turbines using a self-elevating vessel," F&G, a company which has seen more than 120 offshore rigs built to its designs, said in a statement sent to Offshore Engineer.
Shipbuilder Austal USA has won concept studies and a preliminary design contract by the United States Navy for the Light Amphibious Warship (LAW) program.The USN’s new Light Amphibious Warship (LAW) program envisions procuring a class of 28 to 30 new amphibious ships to support the Marine Corps, particularly in implementing a new Marine Corps operational concept called Expeditionary Advanced Base Operations (EABO). The Navy envisions the first LAW being procured in FY2023.LAW will provide US Naval forces a maneuver and sustainment capability to conduct littoral and amphibious operations.
Taiwan's state-owned refiner CPC Corp has started cleaning up an offshore oil spill caused by a pipeline that cracked during the discharging of oil from a vessel at its Talin refinery, the company's spokesman said on Wednesday.The oil leak occurred on Tuesday at 2:18 a.m. (1818 GMT) and was likely caused by bad weather, the company said in a statement. CPC immediately halted oil discharge following the incident, it added.
Ecochlor, Inc. announced it has wrapped up land-based and shipboard testing for its filterless EcoOne ballast water management system (BWMS) in preparation for an application for USCG and IMO BWMS Code Type Approvals.DNV was chosen to act as the Independent Lab (IL) throughout the entire process and has been responsible for the evaluation, inspection, testing oversight and submission of the EcoOne BWMS Type Approval applications.The land-based biological efficacy (BE) testing, was undertaken by the Golden Bear Research Center (GBRC) in California, USA.
Engineering form GTT said on Tuesday it has received an order from Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of a new liquefied natural gas (LNG) carrier on behalf of Korean shipowner HYUNDAI LNG SHIPPING CO., LTD.As part of this order, GTT will design the tanks of the vessel which will offer a capacity of 174,000 cubic meters. The tanks will be fitted with the GTT NO96 GW membrane containment system, a technology developed by GTT, the company said.The vessel will be delivered at the end of 2023.
NOV announced it has been awarded contracts for the design and the supply of equipment for a wind turbine installation jack-up vessel (WTIV) being built for Eneti. The new offshore wind player Eneti, formerly known as Scorpio Bulkers, ordered the WTIV from South Korea builder Daewoo Shipbuilding and Marine Engineering (DSME) in May.Scheduled delivery in Q3 2024, the self-propelled vessel will be a NG-16000X design engineered by NOV subsidiary GustoMSC to feature increased carrying capacity and lifting capacity, as well as a higher lifting height above the deck.
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, announced that its Fairbanks Morse Engine (FME) division was awarded a contract by Eastern Shipbuilding Group (ESG) to build and deliver the two main propulsion diesel engines (MPDE) for the U.S. Coast Guard’s fourth Offshore Patrol Cutter the RUSH (WMSM-918). FME will build the engines at its Beloit, Wis. manufacturing facility.“Fairbanks Morse engines will help the OPCs perform the mission-critical task of preserving the country’s maritime security.
UK's Unite union's Scotland unit on Tuesday said talks to prevent industrial action at Sullom Voe Terminal have ended with no movement on the part of Shetland Islands Council (SIC) to resolve the dispute over a long service award.Unless the Council accepts liability, around 40 towage workers employed by SIC are set to begin an overtime ban on July 5, which will continue over a seven-week period, the union said.The ban would hugely disrupt the multi-million-pound contract to bring oil tankers on to the shore for oil processing and also on production for the Brent and Ninian fields, it added.
U.S. terminal and logistics company Enstructure announced it has entered into a definitive agreement to acquire Patriot Port Holdings LLC. Patriot Ports, the ports division of Patriot Rail & Ports and a sister company of Patriot Rail Company LLC, works in breakbulk, specialty cargo and cold storage, operating six terminals in Jacksonville, Fla.; Savannah, Ga.; Mobile, Ala.; and Sunny Point, N.C. with approximately 1.2 million square feet of industrial warehouse capacity, including 10.2 million cubic feet of cold storage.
Japanese engine builder Makita has selected ABB’s latest low-speed turbochargers for an engine being built for a chemical tanker, marking the first time that a Japanese-built engine will feature the compact, powerful A255-L turbochargers.The turbochargers will be applied on a 6S40ME-B9.5 engine built by Makita which manufactures MAN engines under the license. The A255-L is designed to provide high turbocharging efficiency from a small unit, reducing overall engine size and giving ship designers greater flexibility in engine room de-sign for small bore two-stroke marine engines