James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute U.S. shipments from Europe, in a practice that raises doubts over whether reforms to the crude price marker have succeeded.Brent, the most significant benchmark across commodity markets, is used to price more than 60% of globally traded crude and underpins oil futures.
Shipowners in all sectors face the same decision: build new or refurbish older tonnage. In the booming cruise sector the decision is more pressing, particularly as new construction ships can take two to three years to build, perhaps longer today with global shipyard orderbooks packed full.
Container ship operator CMA CGM is revising steering guidance across its fleet after ambiguous procedures contributed to one of its ships colliding with a navigational beacon in the Yarra River, Victoria, Australia, an ATSB investigation report notes.Departing the Port of Melbourne on 25 May 2023 under the conduct of a harbor pilot
The investigation into the deaths of British tech tycoon Mike Lynch, banker Jonathan Bloomer and members of their families who perished when a luxury yacht sank last year will take many months, a British inquest was told on Tuesday.Lynch, his 18-year-old daughter Hannah and Morgan Stanley International chairman Bloomer and his wife Judith died when the superyacht "Bayesian" sank during a severe
The American Association of Port Authorities (AAPA) today announced its newly elected Board of Directors and officers who will serve for the 2024-2025 term. These port leaders, representing a diverse range of expertise and regions, are poised to guide AAPA’s efforts to advance the maritime and port industries.
Seaspan on Thursday announced its Vancouver Drydock has completed a Vessel Life Extension (VLE) program for the 38-year-old Canadian Coast Guard icebreaker vessel CCGS Sir Wilfrid Laurier. After undocking at the end of April 2024, the vessel completed an in-water work period in preparation for ship commissioning and sea trials, finally departing Seaspan on August 17, 2024.
Naval architecture and marine engineering firm C-Job Naval Architects announced it has appointed Heidi Landen-Greene as president of C-Job Houston, overseeing sales and engineering teams located in the company’s office in the city and overall U.S. operations.Prior to joining C-Job
Works began today on a new state-of-the-art production facility for capacity expansion for HamiltonJet, the New Zealand manufacturer of marine propulsion technology. This morning’s groundbreaking ceremony was held on site in Lunns Road, Christchurch.HamiltonJet has over 70 years of experience designing and manufacturing waterjet propulsion systems.
Ann Waite has been elected to chair the Association of Average Adjusters for the year 2024-25. She is the first woman to hold the office in the history of the association, which was founded in 1869.At the annual general meeting of Fellows on May 8, 2024, Waite was also elected an Honorary Fellow of the Association, which she has served as secretary for 11 years.
Naval architecture and marine engineering firm Bristol Harbor Group, Inc. (BHGI) announced it has hired Addison Pope as a naval architect. Pope holds a bachelor’s degree in Naval Architecture and Marine Engineering from Webb Institute. Before joining BHGI, Pope interned at Viking Cruises in Louisiana. During his time there, he created reports detailing the yard’s progress and various vendors.