Every few years I am handed a high-speed container transport proposal. Generally it consists of some type of high speed vessel design that would be able to move containers at high speed and thereby attract a new market by taking a chunk out of the air cargo market and the premium ocean market.
The first shipment of liquefied natural gas (LNG) has sailed from Shell’s Prelude floating LNG (FLNG) facility offshore Australia, Shell announced Tuesday alongside its joint venture partners INPEX, KOGAS and OPIC.This shipment from the world’s largest floating producer of LNG, located 475 kilometers northeast of Broome in Western Australia
As the global marine industry aggressively moves to reduce emissions from ships, and Norway in particular has thrown down the gauntlet of zero emission cruise ships in certain fjords along its scenic coast, Norwegian cruise ship operator Hurtigruten has signed a 7.5-year deal to buy liquefied biogas (LBG) made from dead fish and other organic waste to help power its vessels.
Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The heads of agreement (HOA) between the companies anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million
Health officials for the Caribbean island of St. Lucia furnished 100 free doses of measles vaccine to a Church of Scientology cruise ship placed under quarantine in port after the highly contagious disease was diagnosed on board, the island's chief medical officer said on Thursday.St.
The President says he wants to make American great again, so why is he trying to destroy the principal support system for America’s maritime industry? This week, we learned that President Trump is “seriously considering” issuing a broad waiver for the Jones Act, a critical law that requires domestic shipping in the U.S. to occur on ships that are built in the United States, fly the U.S.
Tim Protheroe, with more than 40 years of industry experience, was tapped to head North American activities for Bureau Veritas Marine & OffshoreProtheroe was officially named Regional Chief Executive, Marine & Offshore, North America, providing leadership in the United States and Canada.
The U.S. Navy has awarded General Dynamics Bath Iron Works a contract to build a fifth DDG 51 destroyer as part of the multi-year award announced in September. General Dynamics Bath Iron Works is a business unit of General Dynamics (NYSE: GD).In the most recent multi-year competition, BIW was awarded four ships.
The Nordic region's most high-profile cruise fleet operator is refitting its ships to make them less polluting, and plans to use a byproduct of rotten fish to help power their new, leaner engines.Norway's Hurtigruten, best known for the ships that ferry tourists along the country's fjords and coastline and up into the Arctic
Metal Shark announced it has secured a contract to build three 120’ x 35’ river towboats for Florida Marine Transporters, Inc. (FMT), signalling the U.S. shipbuilder’s entry into the towboat market.The four-decked, welded-steel, USCG Subchapter “M”-compliant towboats were designed by John W. Gilbert Associates, Inc.
The U.S. Coast Guard is known for saving lives at sea, but did you know the service plays a huge role in the economy, too?As a regulatory entity, the Coast Guard conducts marine inspections on vessels entering United States ports to make sure the vessels do not pose a safety, security, or environmental threat to the country. With 90 percent of U.S.
Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran bite, commodity merchants Trafigura and Mercuria said on Monday at the Asia Pacific Petroleum Conference (APPEC) in Singapore.Almost 2 million barrels per day (bpd) of crude could be taken out of the market as a result of the U.S.