So what’s keeping ship operators awake at night these days? Plenty, it seems. Sluggish recovery from a lingering worldwide recession, unsustainable debt loads, endemic overcapacity in most shipping trades, punishing freight rates, rising costs…
The increasing use of LNG as a marine fuel is further emphasized with the latest order for Wärtsilä's dual-fuel engine technology. A new cement carrier being built at the Scheepswerf Ferus Smit yard in the Netherlands will feature a six-cylinder Wärtsilä 34DF main engine…
The fourth Russian-Japanese seminar Development of Cooperation in Shipbuilding and Ship Repair, organized by Russian Maritime Register of Shipping (RS) and the Japan Ship Machinery & Equipment Association (JSMEA), was held September 4-5 in St…
Wednesday at the SMM trade fair in Hamburg, DNV GL presented Hyundai Heavy Industries (HHI) and United Arab Shipping Company (UASC) with an Approval in Principle (AIP), recognizing the technical feasibility of the LNG fuel system design for the A14 and A18 series of container vessels…
The U.S. government should ensure that international trade of U.S. natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday.Booming shale gas production has put…
The U.S. Energy Department on Wednesday approved liquefied natural gas exports from two projects, as lawmakers pressed the administration to move quickly to clear a backlog of applications to ship gas abroad.Sempra Energy's Cameron LNG facility…
GE Marine and Dalian Shipbuilding Industry Company (DSIC) announced at the SMM 2014 exhibition they have received Approval in Principle (AIP) for their jointly developed gas turbine-powered LNG carrier design. The AIP, issued by Lloyd’s Register…
International classification society Bureau Veritas has been chosen to class the unique LNG bunkering vessel which will be built at Hanjin Heavy Industries, Korea, under an agreement between Japan’s NYK and Mitsubishi and France’s GDF-SUEZ. The vessel will carry 5…
To justify design and production requirements, CAPEX investment and operational planning, LR’s Gas Fuelled Readiness (GR) notation, with levels A, S, T, P and E (M, A, B and I), gives real meaning to options for ‘gas readiness’ In response…
The Maritime Administration (MARAD) released a comprehensive study examining the options for liquefied natural gas (LNG) bunkering and the necessary infrastructure, safety, regulatory, and training factors of each in supplying LNG to ships as a propulsion fuel in the maritime sector…
The Coast Guard suspended their search Sunday at approximately 11 a.m. for two possible survivors of a plane in the water 14 miles north of Port Antonio, Jamaica, Friday.Watchstanders at Coast Guard 7th District command center in Miami received a call from U…
Harsema-Mensonides Takes New Role at BraemarBraemar Engineering announced the appointment of Alex Harsema-Mensonides as Director of Marine Business Development, effective from September 1, 2014.Harsema-Mensonides joins Braemar Engineering with a wealth of experience…
IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term.The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished…
SHIPPINGInsight 2014 is extending the deadline for early-bird registration to Sept. 15.Attendees registering online at www.shippinginsight.com/choose-event prior to midnight Sept. 15 can receive discounts up to $400 for the event, which takes place Sept…
For Dr. Carsten Wiebers, Global Head of Maritime Industries at KfW IPEX-Bank, and member of the SMM Advisory Board, innovative financing solutions are key to Europe's continued international competitiveness in maritime high technology.On September 8…
