News
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Schulte Group Presents New LNG Bunker Vessel Design
Schulte Group unveiled its next-generation design for an liquefied natural gas (LNG) bunker vessel (LBV), which it said is engineered to be easy-to-use and reduce last-mile costs. The unique vessel design, presented at Gastech Exhibition and Conference in Milan, does away with the need for fenders and spacer pontoons, replacing…
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Reuters : Oil prices fall further as China extends COVID curbs
LONDON, Sept 8 (Reuters) – Oil prices fell on Thursday, extending sharp losses from the previous session, as China’s extension of lockdown measures to curb the COVID-19 spread exacerbated concerns that a slowdown in economic activity globally would hit fuel demand. Brent crude futures lost 40 cents, or 0.4%, to…
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Portland Port : Development of Deep Water Berth
Portland Port are undertaking a major construction project for the demolition of the existing “Deep Water Berth” and its redevelopment, under Marine Licence L/2011/00001/4, the 2010 Portland Harbour Revision Order. The works, which involve the demolition of the existing pier structure and the piling and infill of a new solid…
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First LNG-Powered Containership for Pasha Hawaii Delivered to ABS Class
ABS support included parametric optimization of the hull using advanced CFD (HOUSTON) The M/V George III, built by Keppel AmFELS in Brownsville, Texas, was delivered to ABS Class and is the first LNG-powered containership in the Pasha Hawaii fleet. In addition to classification services, ABS supported the new construction vessel…
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Maersk Drilling secures six-month extension for drillship with Shell
Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract, with a firm duration of six months. The contract value of…
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Xeneta real-time container update: week 36
Xeneta questions ‘myths’ of heavily declining container volumes and bunker price unrest Oslo-based Xeneta is calling into question industry narratives of significantly declining ocean freight volumes and shipper dismay over rising Bunker Adjustment Factors (BAF). In its latest ‘Ocean Freight Pulse’ survey of its user base, made up of globally…
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ABS Awards AIP to DSME for LCO2 Cargo Tanks
Design Allows Future Carbon Capture Onboard Installation (MILAN) ABS has awarded approval in principle (AIP) to Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) for its design of cargo tanks on board super-large, liquefied carbon dioxide (LCO2) carriers. The cargo tank of approximately 15,000 cbm will be mounted on a…
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ABS Verifies SHI Design for Liquefied Hydrogen Carrier
(MILAN) A 20,000 cbm Liquefied Hydrogen Carrier design from Samsung Heavy Industries (SHI) has received ABS approval in principle (AIP). The AIP which was presented at the Gastech conference is the culmination of a joint development project (JDP) to review and prove various elements of the vessel design including Type…
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MERCY SHIPS PARTNERS WITH PROPELme FOR SEAFARER TALENT SEARCH
Mercy Ships is a faith-based international charity that deploys hospital ships to some of the poorest countries in the world, delivering free, life-saving healthcare to the people who need it most. PROPELme is a lifestyle platform that aims to ‘revolutionise seafarers’ lives at sea’ by providing the best career opportunities,…
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SAL Heavy Lift and Jumbo Shipping start joint newbuilding programme
Ultra-efficient, carbon-neutral heavy lift project vessels SAL Heavy Lift, one of the world’s leading maritime heavy lift and project cargo carriers, has signed building contracts for four firm plus two optional new generation heavy lift ships with Wuhu Shipyard, China. This joint newbuilding programme involving SAL Heavy Lift and partner…
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