China Merchants Jinling shipyard started building on Tuesday two LNG and LBG-powered tankers for Sweden’s Terntank. Image: Terntank Terntank ordered the duo last year at the Chinese yard previously known as AVIC Dingheng Shipbuilding. The vessels are an upgraded version of the shipping company’s AVIC series. Rolls-Royce Commercial Marine, now part of Kongsberg, designed the …
Construction starts on Terntank’s hybrid tankers Read More »
The Seattle-based company Oscilla Power has launched a crowdfunding campaign on MicroVentures. Specifically, through this campaign, Oscilla is looking to raise up to $1 million. Oscilla Power’s flagship product is the Triton wave energy converter. The device consists of a large surface float connected by three tendons to a submerged ring-shaped reaction structure. As surface …
Fugro has supported Ireland’s Corrib natural gas field with an inspection, repair and maintenance (IRM) work using survey vessel Edda Sun, on behalf of Vermilion Exploration and Production Ireland (Vermilion). The project included deepwater pipeline surveys, inspection of subsea structures, and maintenance tasks using Fugro’s FCV3000 remotely operated vehicle (ROV), and the Edda Sun is …
Global high-sulfur fuel oil cracks have rebounded to 2019 levels in June despite demand destruction from the retail bunker fuel sector, as a decline in sour crude production has encouraged US refiners to buy HSFO as a refinery feedstock. The 3.5% FOB Rotterdam barge crack spread has been assessed at an average discount of $6.17/b …
HSFO cracks at pre-IMO 2020 levels on sour crude shortage, US refiner demand Read More »
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) rose slightly on Jul.01: 380 HSFO – USD/MT – 288.69 (+0.33) VLSFO – USD/MT – 345.00 (+3.00) MGO – USD/MT – 417.94 (+2.67) Meantime, world oil indexes also increased on Jul.01, following a …
South Korea will step up its financial support for the nation’s shipping industry that felt the impact of the coronavirus pandemic as the global economy is heading for recession, Vice Finance Minister Kim Yong-beom said Wednesday. Kim made the remark at a ceremony to christen one of the world’s largest container ships, which will be …
S. Korea to step up financial support for shipping industry Read More »
New company formed to build solutions that combine AI, automation and data analytics, giving users the ability to predict and plan for the future while enhancing safety and efficiency across their fleets. Singapore, 1 July 2020. It was announced today that Cornes Charts, Global Navigation Solutions (GNS) and Safe Navigation are to join forces under …
Announcing Voyager Worldwide, the new global brand for maritime safety and efficiency Read More »
A quick response was a vital factor in winning an order to supply an Evac Evolution ballast water management system (BWMS) for a cable laying vessel based in the United Arab Emirates. The system will be installed on Cable Ship Etisalat which is operated by E-Marine PJSC, the leading specialists in telecommunications submarine cable installation, …
3/E for an urgent vacancy on a bulker vsslJoin date: ASAPDuration of contract: 4 monthsVessel’s Type: Bulk CarrierSea-going Experience: 1 contract and more on any type of vessels in the rankEnglish Level: Good and higherVisa USA: required Interesados: olt@crewplanet.eu
La Federación Internacional de los Trabajadores del Transporte (ITF) y sus sindicatos afiliados ayudarán a cientos de miles de marinos a ejercer su derecho a dejar de trabajar, abandonar los buques, y regresar a casa. El nuevo enfoque, que podría ser altamente perjudicial para el comercio mundial, viene precedido de las medidas insuficientes por parte …
