Dennis Bryant provided a link to a story about the USCG Cutter Bear in his March 18, 2020 newsletter. It is a great story about a great ship with a great Captain (Michael Healy) and a great crew. It shows that the right combination of ship and crew can perform miracles.This one ship, its Captain (and his wife who often shipped with him)
The U.S. Postal Service is using ships for overseas transport as the number of commercial flights typically used to send mail abroad has plummeted due to the coronavirus pandemic. The agency said on April 23 that a first mail shipment bound for Europe departed JFK International Service Center in New York three days earlier and is being transported on a containership scheduled to arrive at the
Oil traders are hiring expensive U.S. vessels, normally only used for domestic shipments, to store gasoline or ship fuel overseas, five shipping sources said, in a sign of the energy industry's desperation for places to park petroleum amid a 30% drop in worldwide demand.Billions of people worldwide are living under confinement rules due to the coronavirus pandemic
As the novel coronavirus and its impacts continue to spread across America, U.S. shipbuilders, by and large, continue to build. While most yards have been deemed essential to marine transportation and/or national security and have been able to maintain operations, the situation at and around every shipyard is different
When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, ports and highways around the world: the coronavirus.Travel restrictions to prevent the spread of the disease, which has now killed more than 1,800 people
Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that kicked in this year due to the impact from the virus outbreak in China, shipping sources said on Friday.A Mitsui OSK Lines executive said many vessels were in Chinese docks to get so-called scrubbers installed to meet the new emissions rules but with
South Korea shipbuilder Samsung Heavy Industries (SHI) may receive an order from Russia’s largest independent gas producer Novatek for 10 additional ice-breaking LNG carriers worth US$3Bn.A report by Business Korea said Novatek has asked the Russian Government to approve its plan to place an order at an “overseas shipyard”.
On September 26, the State University of New York Maritime College hosted a conference on the emerging east coast offshore wind industry. “Offshore Wind Power, Planning for America’s Ocean Energy” focused on four fundamental topics:• East Coast Wind Farm Overview – Status of the Industry.• Jobs and Supply Chain Technical Working Group.• Wind Farm Port Development.
This month, listen in as Sean Fernstrum weighs in on how his firm arrived at its enviable market position, what comes next, and why.Sean Fernstrum is a third-generation owner of R.W Fernstrum & Company. He graduated from Michigan Technological University in 1990 with a Bachelor of Science degree in Scientific and Technical Communications.
Siem PCTCs sport MAN ES engines, turbochargers and propellers -- Each ship is estimated to cut CO2 emissions by up to 25%, NOx by up to 30%, particulate matter by up to 60%, and SOx almost completely.Siem Confucius and Siem Aristotle are the names of the new pure car truck carriers (PCTCs), significant in that they are the world’s first trans-Atlantic PCTCs to operate full-time on LNG.
“If consolidation was the solution to all that ails shipping, then container liner companies would be super profitable. They are not. In ‘commoditized’ sectors of the shipping industry, which by now includes pretty much everything apart from very small niche markets, there is hardly any economies of scale at the company level.
China Petroleum & Chemical Corporation (Sinopec ), China's first large-scale production of greener low-sulfur marine fuel oil (LSFO), announced the production capability of 10 million and 15 million tons of low-sulfur marine fuel oil in 2020 and 2023.The Beijing-based Chinese oil and gas enterprise said in a press release that by January 1, 2020