Prices for spot liquefied natural gas (LNG) cargoes imported into Japan, the world's biggest buyer of the fuel, fell in April to their lowest since the country's trade ministry started compiling data in 2014. The latest low for LNG cargoes into Japan - reflecting actual prices paid rather than those derived from surveys or indices - highlights the evisceration of demand for gas
The U.S. Navy hospital ship USNS Comfort (T-AH 20) arrived in New York Monday to support COVID-19 response efforts in the epicenter of America's coronavirus outbreak.The ship will serve as a referral hospital for non-coronavirus patients currently admitted to shore-based hospitals, and will provide a full spectrum of medical care to include general surgeries
In a few short months, the mayhem wrought by coronavirus has changed the world. Our response to the epidemic [more than the virus itself] has the potential to permanently alter the balance of the global economy. But it might be the kind of Black Swan event that we need to trigger real change in the shipping industry – and in particular its approach to digitalization of vessel operation.
Four hundred years after the Mayflower crossed the Atlantic from Britain to the United States, a group of engineers plan to have a crewless-ship also named the Mayflower, navigate itself along the same route.The voyage is due to begin in September and the new Mayflower could become the first full-sized, fully autonomous vessel to cross the Atlantic
The century-old Amsterdam canal boat Gerarda Johanna looks like a classic with wood paneling, but beneath its floorboards lies a high-tech underbelly: rows of lithium ion batteries, 66 in all, with an electric drive train powering its propeller.The boat is part of a push by Amsterdam’s new Green Party mayor to ban diesel engines from the center’s ancient canals by 2025
With the announcements that New York Waterway, a ferry operator running 32 boats around New York and New Jersey waters, had been largely shut down by the U.S. Coast Guard just prior to Thanksgiving, 2019, the reactions ranged from surprise to outright shock. There was also a great deal of grumbling, as commuters, the major customer group
US shipbuilder Metal Shark said it has delivered a new 36-foot welded-aluminum patrol boat to the Policia Municipal de San Juan (San Juan Police Department).The new patrol boat is a 36 Fearless stepped-bottom center console vessel built at Metal Shark’s Jeanerette, La. production facility and custom-configured to meet the specialized requirements of its newest Puerto Rican customer.
As the 90th anniversary of Robert Allan Ltd. approaches it is quite timely to address the development of Robert Allan’s designs as the years passed by and technology changed.When the first Robert Allan came out to Canada at the end of the First War he was a trained naval architect experienced in the design of rivetted steel ships.
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
Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.The Suezmax crude tanker Sabiti was ablaze and suffered heavy damage after being hit by two missiles, Iranian media reported.
USA-based shipbuilder Metal Shark has announced its expansion into the country of Peru, with a new patrol boat order now in production, and a multiyear co-production agreement recently established with the state-operated Peruvian shipyard Servicios Industriales de la Marina (SIMA-PERU SA).
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling ASA had debt of just over $1 billion at the end of 2018 and a net loss for the year of almost $300 million, its annual report shows.