Ferguson Marine Shipyard in Port Glasgow, Scotland, is now set to enter public ownership.The Scottish Government has announced that it has reached an agreement with administrators to take the Ferguson Marine shipyard in Port Glasgow into public control.According to government sources, the agreement means two ferries currently under construction at the yard for Caledonian Maritime Assets Ltd (CMAL) will be completed.A program board has been set up by Scotland's economy secretary Derek Mackay to ensure effective completion of the two ferries being built at Ferguson Marine shipyard.
South Korean shipbuilder Samsung Heavy Industries (SHI) is to build 10 LNG-powered crude tanker vessels.The order was placed by an unnamed "Oceanian" customer. The contract for the vessels was valued at KRW 751.3 billion (US$621 million), which is around $62 million per vessel.Samsung Heavy said in a statement that it will deliver the 113,000 dwt LNG-fueled tankers by January 2022.SHI has achieved 54% of its annual target of USD 7.8 billion by obtaining orders for 29 vessels equivalent to USD 4.
New Jersey's Governor Phil Murphy has signed an executive order to establish a Council for the Wind Innovation and New Development (WIND) Institute.The institute will develop and implement a plan to create a regional hub for New Jersey’s offshore wind industry and will build upon the Murphy Administration’s commitment to making the state a national leader in offshore wind.“From job creation to workforce development to reducing our reliance on fossil fuels
Swiss-based global container shipping company MSC Mediterranean Shipping Company announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe after completing its landmark maiden voyage from the north of China.MSC Gülsün is the first of a new class of 23,000+ TEU vessels to be added in 2019-2020 to the global shipping network of MSC, a world leader in transportation and logistics.According to a press release from the world's second-largest shipping line in terms of container vessel capacity, built at the Samsung Heavy Industries (SHI) Geoje shipyard in South Korea
Australian meat and livestock distributor Wellard said that it has extended ship finance repayment schedules for two of its vessels, the 12,665 GT Ocean Ute and the 33,774 GT Ocean Drover.The live cattle exporter said in a press note that it has reached a conditional agreement with Ruchira Ships Limited to extend by 24-28 months the repayment schedules for the above mentioned vessel duo until December 2021.Originally, AUD 20 million was due to be paid between now and December 2019.Ruchira effectively provides vessel finance on each of these vessels through a sale and leaseback contract.
The Suez Canal Container Terminal (SCCT), strategically located at the mouth of the Suez Canal in Egypt, has announced its intention to open its reefer container inspection and repair hub to all brands. The terminal will also launch a dry container inspection and repair hub in October 2019.Until just over a year ago, the terminal faced unnecessary costs for moving and repositioning reefer containers with damaged panels or defects that hadn’t been recorded, said a press release from the APM Terminals, which holds majority stake in SCCT.
Indian Naval Ship Tarkash made a port call at Cadiz, Spain for a three days visit in continuation of the Indian Navy’s overseas deployment to Africa, Europe and Russia.The port call by INS Tarkash at Cadiz is a demonstration of India’s warm ties with Spain and its commitment to enhance operational reach, maritime security and its solidarity with friendly nations.INS Tarkash had participated in bilateral exercise KONKAN-19 with Royal Navy ship HMS Defender prior entering Cadiz harbour.
The Port of Gdansk Authority (PGA) has signed an agreement with a consulting company, which will support the construction of the port basing on a public-private partnership model.DS Consulting - is a company, specializing in advising public entities, which has signed a cooperation agreement with the PGA. The company has 21 years of experience in this market.PGA said that the proposed Central Port concept in Gdansk is the largest planned maritime investment in Europe.The Central Port will be a complex of 6 to 8 terminals and deep-water quays used for different purposes.
The Baltic Exchange's main sea freight index fell on Monday, breaking a seven-day winning streak as rates for capesize vessels eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 21 points, or 1%, to 2,067 points.The capesize index fell 98 points, or 2.6%, to 3,728 points. Average daily earnings for capesizes, which typically transport 170,000 tonne-180,000 tonne cargoes such as iron ore and coal, fell $743 to $28,881.
Seabulk Tankers, a subsidiary of SEACOR Holdings, has announced the successful delivery of its first methanol parcel chemical shipment aboard the articulated tug-barge (“ATB”) Sea-Power/Sea-Chem I.The Sea-Power/Sea-Chem I loaded a 10,500 metric ton methanol parcel in the U.S. Gulf of Mexico and discharged the parcel in Charleston, South Carolina and Chesapeake, Virginia. The vessel can load up to 30,000 metric tons of cargo into eleven segregations and is equipped with stainless steel cargo piping and MarineLINE 784 cargo tank coating.
SHIPLYS (Ship life cycle software solutions) is a three-year project that started in September 2016. The project is in response to needs of SME naval architects, shipbuilders and ship-owners, who, in order to survive in the world market, need to improve their capability to reduce the time and costs of design and production. SHIPLYS provides these improvements by developing functionality that includes rapid virtual prototyping and the ability to factor in LCCA (Life Cycle Cost Analysis), environmental assessments
Three vessels lined up for large-scale makeovers will be transformed to hybrid powered expedition cruise ships, owner and operator Hurtigruten announced.Equipped with battery packs and other green technology, the three ships will operate year-round expedition cruises along the Norwegian coast from 2021 on yet to be disclosed itineraries.This means Hurtigruten – which this summer introduced hybrid powered cruise ship, MS Roald Amundsen – will add another three hybrid powered vessels to its fleet of cruise ships.