With LNG becoming increasingly viable and popular as a marine fuel, Wärtsilä continues to develop technical solutions that facilitate this trend. The latest Wärtsilä developments in this field involve an upgraded version of the Wärtsilä LNGPac, a fully integrated fuel gas handling system, and improv
The largest floating drydock in the USA, the Vigorous, arrived aboard the world’s largest heavy-lift ship Blue Marlin in Portland on Monday for final assembly at Vigor Industrial’s shipyard. Fully assembled, the drydock will be 960-feet long. However, it is currently in three parts, which are stacke
Ulstein Design & Solutions has entered into an extensive contract with Wuchang Shipbuilding Industry Co., Ltd, China, on the delivery of ship design & equipment to four PX121 type platform supply vessels. Ship owner is the Singapore based Otto Offshore Ltd., who will receive all vessels in 2016. The
The summer lull that took over the newbuilding market is not over yet, as prices for new ships are forecast to continue to soften, according to London-based shipbroker Gibson. The dowturn has stricken the tanker product orderbook the strongest, as explained by Gibson, with Tsakos Energy’s order for
Wärtsilä is planning to launch its new Low Loss Hybrid (LLH) innovation at the ONS 2014 exhibition being held in Stavanger, Norway from August 25 to 28. The Wärtsilä LLH utilises different power sources in combination with energy storage devices to operate the prime movers closest to their optimum p
Strike at Ningbo Port Turns Violent A massive strike by as many as 10,000 truck drivers at Ningbo’s Beilun Container Port erupted into violence on August 20, as protestors clashed with riot police and smashed the windshields…Read more Engine-Room Fire Disables Tanker, Kills One Crewman U.S. Coast Gu
Singapore Exchange Mainboard-listed Aztech Group Ltd. has acquired the leasehold interest of a shipyard, now known as AZ Marine Offshore Services Pte. Ltd. Occupying a site area of approximately 251,500 square feet and water frontage of approximately 2,475 feet long, the shipyard consists of a part
The American Maritime Partnership (AMP), the voice of the domestic American maritime industry, issued a statement regarding a recent Reuters article on the Jones Act that raised several issues regarding its effect on oil exports. According to Reuters, “crude producers and refiners are exploring ways
Singapore-based gas carrier owner Epic Gas has expanded its fleet of 25 ships reported in January 2014 to 36 ships as of August 20, 2014, according to the company’s unaudited financial and operating results for the second quarter ended June 30, 2014. 11 newbuildings on order There are eleven more ne
The half-light of the pre-dawn in Portsmouth and the painstaking operation to move a giant segment of HMS Prince of Wales on to a waiting barge. Comprised of cabins and machinery space, Lower Block 02 forms the distinctive forward hull section of the second Queen Elizabeth Class aircraft carrier and
US defence contractor Lockheed Martin has received a contract through the National Center for Manufacturing Sciences (NCMS) for the U.S. Navy to evaluate and test two FORTIS exoskeletons. This marks the first procurement of Lockheed Martin’s exoskeletons for industrial use. Terms of the contract wer
The freight market, which performed so well in Q1, has certainly not delivered in the past 4 months. BDI has dropped from 1,621 on 20 March to hit 747 on July 29. Panamax ships have not been above USD 10,000 per day since February20, and below USD 5,000 per day for most of June and […]
Avance Gas Holding Ltd has been informed that there has been another fire incident involving cargo tank no. 3 on board hull 1074 under construction at Jiangnan Changxing Heavy Industry shipyard in China. No casualties or injuries have been reported, and the cause of the fire and its impact is curren
Building for stock has proven fruitful for Malaysia-based Nam Cheong Limited as the company cashes in approximately USD 90 million via sale of one Platform Support Vessel, one Accommodation Work Vessel, and two Anchor Handling Towing Supply Vessels. Leong Seng Keat, Nam Cheong’s Chief Executive Offi
