The final quarter of 2019 marked a massive decline of high-sulphur fuel oil (HSFO) sales, as the industry transitioned into compliance of the International Maritime Organization's (IMO) 2020 Sulphur Cap (IMO 2020). In Singapore, the world’s largest bunkering hub, the bunker sale landscape saw significant change as the sale of high-sulphur fuel oil dropped tremendously in a matter of months.
America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’.6”, will be operated as part of an articulated tug and barge (ATB) unit designed to meet the requirements of American Bureau of
VT Halter in Pascagoula, MS has been on a strong run, capped by its winning the high-profile contract to build the U.S. Coast Guard’s next generation of icebreakers. Maritime Reporter recently spoke with Ron Baczkowski, President and CEO, VT Halter Marine, for insights on the shipyard’s recent success and future prospects.
VT Halter Marine, Inc. (VT Halter Marine), a company of ST Engineering North America, has won a contract worth nearly $2.9 million by the Naval Sea Systems Command.VT Halter Marine was one of four U.S.-based companies awarded a contract under the Common Hull Auxiliary Mission Platform – called CHAMP. VT Halter Marine’s contract win is $2,899,252.
VT Halter’s new state-of-the-art blast and pain facility, already paying dividends for the shipyard’s bottom line and the environment alike, is poised to lift your bottom line with improved coatings and reduced corrosion.When it comes to marine coatings, preparation is everything. If that’s the case
Mediterranean Shipping Company (MSC), the world’s second-biggest container shipping line, has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on improving environmental performance on existing global trade routes.In declaring the northern sea route out of bounds
BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam to be tracked. They will show the bunker prices for 380cST HSFO (high sulphur fuel oil) and MGO LS (marine gas oil low sulfur), both in USD per metric ton
Hapag-Lloyd Cruises has announced that from July 2020 its global fleet will no longer burn heavy fuel oil (HFO) and instead run exclusively on marine gas oil with a maximum sulfur content of 0.1 % (LS-MGO)."In doing so, the company will cut the emissions of its fleet of both luxury and expedition ships significantly.
New research into maritime startups concludes that higher bandwidth connecting ships to shore at lower costs is empowering a new breed of single-minded innovators to bring the true benefits of digitalization to the shipping and offshore sectors, according to a report conducted for Inmarsat by UK GovTech venture firm and research house, PUBLIC, The report, ‘Trade 2.
Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies.“South Korea is a peninsula surrounded by three seas,” said Park Jung-min, head of the Korean market development at Ørsted Asia Pacific.
The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and reach the market value around $3 billion by 2026.The demand for offshore wind cables has seen significant development due to the paradigm shift towards fresh renewable techniques with increasing consciousness of carbon emission limits
Dutch dredging specialist Van Oord said LNG-powered crane vessel, Werkendam started work on its first project this week.The world’s first LNG-powered crane vessel is carrying out maintenance work in the port of Rotterdam, Van Oord said in a press release.Port of Rotterdam Authority