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.: 1-Mar-2019 :. Search News
Displaying 1 to 17 of Records.
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Wartsila Inks LNG Carrier Upkeep Deal with Tokyo LNG Tanker
Marine propulsion company Wartsila has signed a long-term agreement with LNG shipowner Tokyo LNG Tanker Co. Ltd for the maintenance of LNG carriers powered by Wartsila 50DF dual-fuel engines.
The deal between the Tokyo Gas subsidiary and Wartsila was signed in December 2018, and the order booked in January 2019.
The solution, dubbed Wartsila Optimised maintenance, is the first of its kind between Wartsila and a fully owned Japanese marine customer, the company said.
Built by Japan Marine United, the 165,000 cbm tankers are each powered by four 9-cylinder Wartsila 50DF and one 6-cylinder Wartsila 50DF engines.
As agreed, Wartsila will provide scheduled maintenance as well as dynamic maintenance planning inspections and spare parts. According to the company, the optimized, condition-based maintenance will enable predictive assessments of servicing needs based on actual component performance, rather than conventional time-based scheduling. This reliability in equipment performance is expected to eliminate the need for unexpected and unscheduled vessel repairs.
"Our agreement with Tokyo LNG Tanker is an important aid in ensuring their fleet availability and eliminating unexpected breakdowns. It will allow the customer to focus on their core business, and strengthen the reliability of their operations," said John Sydney, vice president, Middle East & Asia, Wartsila Marine.

Posted On:1-Mar-2019



Corvus Energy Wins World s Largest Battery Package Order for Hybrid Vessels
Canadian manufacturer of energy storage systems Corvus Energy has signed a contract with Norwegian Electric Systems (NES) for the marine world s largest battery package for hybrid-powered vessels.
As informed, the technology will be installed onboard Havila Kystruten s environmentally-friendly coastal vessels.
"This is a big step for the cruising industry and we are extremely proud to receive this order… The Energy Storage System (ESS) is the world s largest package ever delivered to a ship and will enable the vessels to enter fjords and ECAs on zero emission mode five years before the deadline," Geir Bjørkeli, CEO of Corvus Energy, said.
Corvus Energy will deliver an air-cooled ESS with Corvus patented single-cell thermal isolation which exceeds class requirements.
"The Energy Storage System has a capacity per vessel of 6,100 kWh, which is double the capacity of any existing battery-operated vessel," Roger Rosvold, Vice President Sales at Corvus Energy, explained.
"The unused potential for using batteries on board cruise and passenger ferries is huge. Batteries reduce fuel consumption and maintenance costs, cut pollution and, with increasing environmental regulations and requirements that will incur costs for air emissions, provide a very compelling business case."
"As more and more shipowners wake up to this, we expect to see uptake accelerating across the board. The industry is just starting to understand the power of batteries," Rosvold further said.
The newbuilds are part of Havilas contract with Norwegian Ministry of Transport for the construction of four environmentally-friendly vessels that will operate on the Bergen-Kirkenes coastal route.
Two of the vessels will be built by Turkish shipbuilder Tersan and the remaining by Spanish Barreras. Featuring a length of 125 meters and a width of 20 meters, the ships will be able to accommodate 700 passengers.
The vessels will have a hybrid gas-electric propulsion system with battery, where four gas-powered engines in each vessel run the generators. The system is also adapted to the next generation of technology, using hydrogen fuel cells.
The equipment from Corvus Energy is scheduled for delivery in 2020 and the coastal route vessels will be in service from 2021.

Posted On:1-Mar-2019



ZPMC Invests in COSCO to Enhance Business with Terminal Companies
China s crane manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) has decided to invest in compatriot shipping company COSCO Shipping Holdings by acquiring CNY 419.9 million (USD 62.8 million) worth of COSCO shares.
ZPMC recently signed the share subscription agreement with COSCO Shipping Holdings for private A share of 111,111,111 at the price of CNY 3.78 for each share.
As explained, the investment is expected to further deepen collaboration between ZPMC and COSCO in the port machinery, maritime engineering as well as services and logistics.
Specifically, ZPMC intends to enhance business with various terminal companies by using COSCO s industrial influence on terminal companies around the globe.
The crane manufacturer expects long-term benefits of this strategic partnership.
COSCO Shipping Holdings, which is principally engaged in container shipping and related businesses, is a subsidiary of China Ocean Shipping (Group) Company (COSCO), the largest integrated shipping company in China.

Posted On:1-Mar-2019



Fincantieri Delivers Costa s 1st Ship Designed for China
Costa Cruises took delivery of Costa Venezia, its first ship designed specifically for the Chinese market, at the Fincantieri shipyard in Monfalcone on February 28.
The 135,500 gross ton Costa Venezia is part of an expansion plan that includes a total of 7 ships being delivered to the Costa Group by 2023, for a total investment of over EUR 6 billion.
Featuring a length of 323 meters and a capacity for over 5,200 guests, Costa Venezia will be the biggest ship introduced by Costa to the Chinese market.
"Costa Venezia will help us to further develop the cruise market in China, which has a great unexplored potential," Michael Thamm, Group CEO Costa Group and Carnival Asia, said.
Suffice to say that, currently, 2.5 million Chinese people a year choose to go on a cruise vacation,
"As the first ship built specifically for the Chinese market, Costa Venezia marks the start of a new era, not only for Costa and Fincantieri but also for the Chinese cruise industry as a whole," Mario Zanetti, President of Costa Group Asia, added.
The Costa Venezia naming ceremony is scheduled for March 1 in Trieste. The vernissage cruise will depart from Trieste on March 3, bound for Greece and Croatia. On March 8, the ship will be back in Trieste for the start of its inaugural cruise, a 53-day trip through the Mediterranean to the Middle East, South East Asia and the Far East before docking in Tokyo.
From May 18, 2019, Costa Venezia, in fact, will be dedicated exclusively to Chinese guests, offering cruises in Asia departing from Shanghai.
After Costa Venezia, the group s next ship to come into service, in October 2019, will be Costa Smeralda, the new Costa Cruises flagship and the first ship for the world market to be powered by LNG. A second ship designed exclusively for the Chinese market, a sister ship to Costa Venezia, is currently under construction by Fincantieri in Marghera and is expected to be delivered in 2020.

Posted On:1-Mar-2019



SEA\LNG: LNG Sets Path Forward to Meet IMO GHG Reduction Goals
Liquefied natural gas (LNG) is a viable pathway to meet the International Maritime Organization s (IMO) 2050 greenhouse gas (GHG) targets, SEA\LNG believes.
As explained, the maritime industry has two broad but major environmental initiatives related to air emissions - dramatic improvement of global air quality and reduction of GHGs.
Reinforcing the case for LNG as a marine fuel, SEA\LNG Chairman Peter Keller said: "In addition to immediate local air quality benefits, LNG offers a commercially viable long-term bridging solution to addressing the IMO GHG targets. LNG, in combination with efficiency measures being developed for new ships in response to the IMO s Energy Efficiency Design Index (EEDI), will provide a way of meeting the IMO s target of a 40% decrease in GHG by 2030 for international shipping."
"In addition, there are clear technology pathways being developed which should allow further emissions savings to be realised. For example, today, mixing LNG with bioLNG (from biogas) as a drop-in fuel significantly reduces GHG emissions. Longer term, power-to-gas is a key technology with the potential to produce large volumes of renewable LNG," Keller added.
SEA\LNG together with the Society for Gas as a Marine Fuel (SGMF) has commissioned an independent study to establish the facts regarding GHG emissions from LNG as a marine fuel considering all emissions from well-to-wake for LNG and other fuels. This study is currently being reviewed by independent academics and SEA\LNG and SGMF expect to publish the results in April.
Future technologies that appear to have promise, safety, and scalability could be built upon marine fuel infrastructure for LNG and clearly indicate that it is inaccurate to conclude that LNG will not provide a pathway to meeting IMO 2050 GHG ambitions, the coalition further said.
"LNG can and does solve the air quality issues the maritime industry has been working on for decades and sets a path forward to meet IMO GHG targets," SEA\LNG concluded.
Based in the UK, SEA\LNG is a multi-sector industry coalition aiming to accelerate the widespread adoption of LNG as a marine fuel.

Posted On:1-Mar-2019



Owners Urged to Look Beyond 2020 Compliance Solution
The marine sector should look beyond just the initial choice of compliance solution ahead of the impending 0.5% global sulphur cap, according to Finland-based provider of fuel supply systems Auramarine.
The company added that the industry needs to fully understand the operational impact of using and switching to new low sulphur fuels and distillate products.
Without this understanding or by not using best-in-class fuel supply systems, ship owners and operators risk engine damage and potentially catastrophic failure, as well as unexpected costs and unplanned downtime, the supplier explained.
Ahead the 2020 sulphur regulation, Auramarine has launched a Get ready for 2020 initiative, issuing a call to action for owners and operators to drive and encourage them to implement strategic forward planning to protect the future of their vessels and operations. Now more than ever it is crucial for shipowners to work with knowledgeable experts, allowing them to foster an understanding of how best to mitigate risks and minimise disruption, downtime, and unexpected costs and delays.
Many of the main and auxiliary engines of vessels currently in operation may originally have been designed to run on fuels that differ from the new low sulphur products that are compliant with the pending regulations. The company said that maintaining the correct fuel viscosity and temperature at the engine inlet is crucial regardless of the fuel in use, and the fuel supply system needs to be able to deliver the fuel at the engine inlet as specified by the engine maker in order to guarantee efficient combustion.
When switching fuels, issues arise when different fuels are present in the same pipes and tank, thereby causing issues with compatibility. This typically results in sludging and blockages in bunker and service tanks, pipe runs, filters, separator internals, and fuel injection equipment.
"Assessing new technologies or practices is only the first step on the journey towards safe, efficient and compliant operations in a post-2020 environment. Ship owners also need to consider the potential impact that these significant operational changes will have on engines and therefore vessel performance. It is crucial that ship owners thoroughly evaluate the exact needs of their vessels at the outset of assessing which compliance solution they will employ, and set in place an efficient and effective fuel supply system that will not only protect the operational integrity of the vessel but also their profitability," Ole Skatka Jensen, Chief Executive Officer, Auramarine, said.
"Whichever compliance solution is employed, effective and comprehensive management of fuel supply and fuel switching, combined with proactive condition monitoring, can ultimately become the difference between a safe, complaint and efficient vessel, and unintended downtime, lost profitability and potentially catastrophic engine damage."
Through it Get ready for 2020 service offering, Auramarine would provide expert consultancy, comprehensive guidance and ongoing in-service support for the safe and efficient supply of fuel.

Posted On:1-Mar-2019



Teekay LNG s Ethylene Gas Carriers Join Lauritzen Kosan Pool
Ship owner and operator Teekay LNG Partners has agreed to add its fleet of ethylene gas carriers to the Lauritzen Kosan pool.
Under the agreement with Lauritzen Kosan, the gas carrier division of Danish shipping firm J. Lauritzen, Teekay LNG s seven modern ethylene gas carriers are scheduled to join the pool from March 1, 2019.

Posted On:1-Mar-2019



Global Tensions Push MPC Container Ships Deeper into Loss
Norwegian shipowner MPC Container Ships (MPCC) widened its net loss in the quarter ended December 31, 2018, amid a number of geopolitical and economic factors.
The company s net loss expanded in the fourth quarter of 2018 to USD 5 million, compared to a loss of USD 2.2 million reported in the same period a year earlier.

Posted On:1-Mar-2019



BW LPG Posts Wider Loss, Remains Cautiously Optimistic
Provider of maritime gas transportation services BW LPG delivered a wider loss in the fourth quarter and full year 2018.
Loss after tax was USD 34.1 million in the fourth quarter ended December 31, 2018, compared to a loss of USD 19 million reported in the same period a year earlier. Yearly loss also widened to reach USD 72.4 million for 2018, compared to a loss of USD 44.7 million reported in 2017.

Posted On:1-Mar-2019



Ulstein to Build New Expedition Ship for Lindblad Expeditions
US-based cruise company Lindblad Expeditions Holdings has signed an agreement with Norwegian ship builder and designer Ulstein for the design and construction of a new polar vessel.
As World Maritime News previously reported, the vessel will expand the line s National Geographic polar fleet to four ships.

Posted On:1-Mar-2019



Finnlines: Design Underway for Next-Generation RoPax Concept
innish RoRo and passenger services operator Finnlines, part of the Grimaldi Group, is designing and developing a new roll-on/roll-off passenger (RoPax) concept.
The new class of ships, named Superstar, will be bigger than the company s existing Star class which represents the largest ships in the Finnlines fleet, as disclosed by Emanuele Grimaldi, President and CEO of the group.

Posted On:1-Mar-2019



Yilport Announces Upgrades To Leixoes
Yilport is to invest €43.4m in upgrading the South Container Terminal at the Port of Leixoes in Portugal, with work scheduled for completion by March 2021. Work will involve more stacking area and the acquisition of further handling equipment with the aim of increasing capacity and alleviating congestion as well as improving productivity and cutting operational costs.

Posted On:1-Mar-2019



Credits: www.bunkerportsnews.com

Kalmar s 70,000th Ottawa terminal tractor rolls off the production line
Kalmar, part of Cargotec, is celebrating a significant milestone with the production of its 70,000th Kalmar Ottawa terminal tractor. Destined for long-standing customer Penske Truck Leasing, the truck was completed on 27 February at Kalmar s US manufacturing facility in Ottawa, Kansas. Employees and guests gathered at the plant to celebrate and watch the final assembly of the truck.

Posted On:1-Mar-2019



Credits: www.bunkerportsnews.com

Konecranes and Demag to Operate Under New Name Konecranes and Demag Private Limited
Konecranes and Demag, two world leading brands in material handling industry will now be operating under one company name, Konecranes and Demag Private Limited. This name change follows acquisition of Material Handling & Port Solutions (MHPS) segment from Terex Corporation by Konecranes PLC in 2016. The acquisition led to some of the leading global brands such as Demag, Gottwald and Noell getting added to Konecranes product portfolio.

Posted On:1-Mar-2019



Credits: www.bunkerportsnews.com

Plan to develop two container terminals
V.O.C Chidambaranar Port Trust has planned to develop two container terminals in the port soon.
Speaking to reporters on Wednesday on the sidelines of a Shipping Summit in which various stakeholders in the industry participated, Chairman T.K. Ramachandran said that the port had seen an increase in container traffic, while it had witnessed a downfall in bulk cargo traffic this year.

Posted On:1-Mar-2019



Credits: www.bunkerportsnews.com

Shapoorji Pallonji to hike Gopalpur port capacity to 55 mn tonnes by 2025
Diversified business conglomerate Shapoorji Pallonji Group, which has a controlling stake in Gopalpur port off the coast of south Odisha, envisions that port capacity will be 55 million tonnes (mt) by 2025.
Gopalpur port, a fair-weather deep draft port with the ability to simultaneously handle multiple vessels and diverse cargo, is slated to be dedicated to the nation by Odisha Chief Minister Naveen Patnaik on February 28.

Posted On:1-Mar-2019



Credits: www.bunkerportsnews.com

Coralius reaches 100 bunkerings milestone - LNG demand on the rise
Gasum s liquefied natural gas (LNG) bunker vessel, Coralius, made its 100th bunkering on February21. Coralius is operating on behalf of Gasum (former Skangas) and the vessel mainly operates in the North Sea and the Skagerrak area.

Posted On:1-Mar-2019



Credits: www.bunkerportsnews.com
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