In November the U.S. House of Representatives’ Transportation & Infrastructure Committee, Coast Guard and Maritime Transportation Subcommittee held a hearing on “Commercial and Passenger Vessel Safety: Challenges and Opportunities.” Testimony covered a range of issues, from recent tragedies such as the Conception dive-boat disaster to antiquated maritime laws.
The Wuhan coronavirus outbreak has placed the shipping industry on high alert amid a rising death toll in China and reports that the fast-spreading illness is reaching new shores.The flu-like coronavirus, first identified in Wuhan, Hubei Province, China on December 31, has killed more than two dozen people in China and is believed to have infected more than 900 worldwide
U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas, thanks to faster-than-expected infrastructure additions.The infrastructure boom at Corpus Christi helped push crude exports there to a weekly record of 1.
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has secured orders for a total of six liquefied natural gas (LNG) carriers from European and Asian shipowners, totaling $1.13 billion.The ships - four LNG carriers for a European client and two others for an Asian shipping company - will be installed with a dual-fuel propulsion system to enhance efficiency and reduce toxic gas
At one time the most powerful lighthouse in the United States was Twin Lights in Highlands New Jersey. Today it is a wonderful little museum and right now it has a very interesting show of paintings by Maarten Platje on the War of 1812. One painting is called the Great Chase and it tells this amazing story of the US Frigate Constitution being becalmed off the New Jersey coast and becoming
Derecktor is a diverse boatbuilding organization, with a multitude of yards and long experience building hundreds of yachts, workboats and military craft. Its shipyards today include:• Robert E. Derecktor: The company headquarters located 25 miles north of Manhattan in Mamaroneck, NY, and the original Derecktor yard.
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.
Incat Crowther announced the delivery of Shadow Cat HODOR, significant in that it is the first in the Shadow Cat range which for Incat Crowther.Design and naval architecture was by Incat Crowther, project management and technical consultation by Robert Smith of YCTS and construction by Astilleros Armón at their Burela shipyard in Spain.
GasLog Partners, which owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters, said that the longer-term outlook for natural gas demand continued to strengthen in the first quarter of 2019.Despite LNG demand in the first quarter of 2019 being negatively impacted by warmer than usual weather in the Northern Hemisphere winter
The latest lifeboat to join the fleet of the Royal National Lifeboat Institution, the main sea rescue service in the UK and Ireland, is the waterjet-propelled Shannon class, which the organization says is its most agile and maneuverable all-weather lifeboat yet to be deployed. Designed entirely in-house by RNLI engineers
MSC Cruises and Italian shipbuilder Fincantieri signed the final contracts for the construction of four luxury cruise ships.The announcement follows the initial signing of a memorandum of agreement between the two parties in October 2018. The contracts, subject to shipowner financing, have a total value exceeding $2.2 billion.
Uncertainty mounts in dry bulk shipping against a backdrop of weaker growth in Chinese imports, said BIMCO."The extent of the freight rate recovery in 2018 was limited – when compared with initial expectations – by a faster-growing fleet. Q4-2018 wasn’t as strong as it often is either, but we now know that was merely the beginning of a sharp downturn.