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.: 2-Apr-2019 :. Search News
Displaying 1 to 15 of Records.
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'Digitalization and Blockchain boon to seafarer profession'
Digitalization and Blockchain could be a boon to seafarers in all parts of their profession, while their paperwork too could now be secure from fraudulent activities.
Seafarers who had faced welfare issues, could also update information about companies, agents and agencies that are problematic and could be a source of warning and red flag for others to be on alert. Information they upload could not be easily changed or tampered with if Blockchain is used, Rev, Nitin Dethe from Mission to Seafarers said at the Data Connect event held in Colombo.
"Fraudulent agencies would find it difficult to operate, while in the long run, the seafarers would benefit," he said.
The event was organized by DataccioConnect in association with the Sri Lankan Chapter of the Women’s International Shipping and Trading Association (WISTA).
"Technology has made tasks and operations much easier in all walks of life and how we adopt new technology, to benefit the seafarers is up to you. As responsible members of the maritime community, companies and those in decision making, need to be more sympathetic to the welfare and needs of the seafarers.
We need to direct our efforts to integrate technology to face challenges of seafarers welfare, while the use of Blockchain technology would help the seafarers immensely, in getting authentic information concerning vessels of shipping companies and crewing agencies and checking on complaints lodged by previous employees before joining a vessel or signing contracts. Seafarers need to be vigilant and gather possible information they could find before signing contract with the respective agency," he said.
Connectivity, upgrading of skills of seafarers, piracy, abandonment, wages, criminalisation of seafarers, repatriation, shore level, port welfare are some of the problems faced by seafarers at the moment.
He said further that technology could play a vital role in mitigating key issues faced by the seafarers to a great extent.

Posted On:2-Apr-2019



Credits: www.dailynews.lk

Sempra Energy Unit Gets US Non-FTA Approval for Liquefaction-Export Project In Mexico
Sempra Energy s subsidiary Energia Costa Azul (ECA) LNG received two authorizations from the US Department of Energy (DOE) to export US produced natural gas to Mexico and to re-export LNG to countries that do not have a free-trade agreement (non-FTA) with the US.
Natural gas will be sourced from the company s Phase 1 and Phase 2 liquefaction-export facilities in development in Baja California, Mexico.
"ECA LNG will source natural gas from some of the fastest-growing production regions in the U.S. and provide our customers with a competitive advantage in accessing world markets, especially Asia," Joseph A. Householder, president and chief operating officer for Sempra Energy, commented.
"The authorizations are another step forward in the development of this project that could bring many benefits for Mexico, U.S. natural gas producers and our customers and partners in greater Asia," Carlos Ruiz Sacristan, chairman and CEO of Sempra North American Infrastructure, said.
"We are pleased to continue to advance the development of ECA LNG, which can … meet the energy needs of isolated markets in Mexico and customers in Asia," he added.
ECA LNG Phase 1 is a single train LNG facility to be located adjacent to the existing LNG receipt terminal. It is expected to utilize current LNG storage tanks, marine berth and associated facilities. Phase 2 of the project will include the addition of two trains and one LNG storage tank.
The DOE authorizations allow the export of 636 billion cubic feet (Bcf) a year of US-sourced LNG from these infrastructure projects. Phase 2 of the project will require additional DOE approval in order to export its full expected capacity.
The existing ECA receipt terminal was the first LNG receipt terminal constructed on North America s West Coast. Located about 15 miles north of Ensenada, Baja California, it began commercial operations in 2008 and is capable of processing up to 1 Bcf of natural gas per day.
Last November, Sempra Energy announced that its subsidiaries IEnova and Sempra LNG had signed Heads of Agreements (HOAs) with affiliates of Total, Mitsui & Co., and Tokyo Gas for Phase 1 of the ECA LNG project, subject to reaching definitive agreements. TechnipFMC and Kiewit were selected as the engineering, procurement, construction and commissioning (EPC) contractors for the project, subject to reaching a definitive agreement on the EPC contract.
Development of the ECA LNG liquefaction project is subject to relevant conditions and financing agreements.

Posted On:2-Apr-2019



Algoma Tankers Accepts Delivery of Product Tanker
Algoma Tankers Limited (ATL), an operating unit of Canadian shipping company Algoma Central Corporation, has taken delivery of Algoterra, a 2010-built product tanker.
The 16,500 dwt vessel was handed over to Algoma by an unnamed seller in Amsterdam, the Netherlands.
Algoterra has begun its delivery voyage to Canada after departing Amsterdam on March 30, 2019. The ship will travel through the English Channel before crossing the Atlantic Ocean destined for Halifax.
As informed by the company, the tanker is expected to begin trading in Canada mid-April.
Algoma Tankers Limited (ATL), an operating unit of Canadian shipping company Algoma Central Corporation, has taken delivery of Algoterra, a 2010-built product tanker.
The 16,500 dwt vessel was handed over to Algoma by an unnamed seller in Amsterdam, the Netherlands.
Algoterra has begun its delivery voyage to Canada after departing Amsterdam on March 30, 2019. The ship will travel through the English Channel before crossing the Atlantic Ocean destined for Halifax.
As informed by the company, the tanker is expected to begin trading in Canada mid-April.

Posted On:2-Apr-2019



Kongsberg Wraps Up Rolls-Royce Acquisition
Kongsberg Gruppen completed the acquisition of Rolls-Royce Commercial Marine (RRCM) on April 1, after receiving an approval from the European Commission.
With the unification of Kongsberg Maritime and RRCM, the company is represented in 40 countries and has an annual turnover of more than NOK 22 billion (USD 2.5 billion). Combined, the organisations service a fleet of more than 30,000 vessels.
"Together we are now well positioned in the market and our ambition is to lead the development of the future maritime industry globally in close cooperation with customers and partners," Geir Haoy, CEO of KONGSBERG, said.
"We have spent a long-time planning and preparing, now the work of ensuring a successful integration begins."
With RRCM, Kongsberg Maritime expands its global presence and customer proximity, supporting, empowering more sustainable, safe and secure marine operations for all vessel types.
"Our goal is to further develop our track record of innovation and dedication in helping our customers meet the evolving challenges of the maritime industry be it through cutting-edge autonomy and digital solutions or highly reliable power and propulsion systems," Bard Bjorlow, EVP Global Sales and Marketing, Kongsberg Maritime, said.
Kongsberg Gruppen unveiled the intention to acquire the supplier of maritime technology and engineering products in July 2018. At the time, Rolls-Royce and Kongsberg signed a sale agreement, according to which the value of the enterprise has been set at USD 652 million.

Posted On:2-Apr-2019



JERA, EDF Trading Finalize LNG Optimization and Trading Merger
Japanese energy company JERA and EDF Trading Limited (EDFT), a company operating in the international wholesale energy markets, have completed the transaction to merge their LNG optimization and trading activities.
As informed, the activities have been combined into JERA Global Markets (JERAGM), the new name for JERA Trading.
JERAGM is now the exclusive LNG optimiser for JERA and EDF, managing their collective short and medium-term LNG optimization activities in the wholesale markets.
The transaction follows the successful completion of the acquisition of EDFT s coal business by JERAGM in April 2017.
"This is a great opportunity for EDFT which strengthens our partnership with one of the largest buyers of LNG and coal in the world. I look forward to building this business with JERA and developing future cooperation in the evolving energy markets," John Rittenhouse, Chief Executive of EDF Trading, commented.
"As one of the largest utility-owned seaborne energy optimisers, JERAGM would significantly contribute to building and strengthening relationships with both current and new counterparties amid global expansion of the LNG market. I look forward to developing an even closer relationship with EDFT," Sunao Nakamura, Managing Executive Officer of JERA and Chairman of JERAGM, said.
JERA holds 66.67% of the equity in JERAGM through its wholly-owned subsidiary JERA Trading International. In addition, EDFT holds 33.33% of the shares in JERAGM and is a wholly-owned subsidiary of EDF S.A. (EDF).
JERA and EDFT will now have joint responsibility and joint control in managing the new and expanded business.

Posted On:2-Apr-2019



Matson Receives Second Aloha-Class Boxship from Philly Shipyards
Philadelphia-based Philly Shipyard (PSI) delivered the second of two Aloha-class containerships to Hawaii-based Matson Navigation Company in a ceremony on March 28.
Matson received the 3,600 TEU Kaimana Hila some six months after the first ship in the class, Daniel K. Inouye, joined the fleet in October 2018.
The 850 feet (259 meter) long ship is built with dual fuel engines that can be adapted to use liquefied natural gas (LNG) and is designed to operate at speeds in excess of 23 knots.
"Today s delivery marks the successful conclusion of the construction of the two largest container vessels ever built in the United States,” commented Steinar Nerbovik, Philly Shipyard president and CEO.
"By all measures, Kaimana Hila will be another wonderful addition to Matson s fleet, servicing the containership trade between the U.S. West Coast and Hawaii."
PSI further said the Kaimana Hila was the 30th vessel built in the company s 20-year history.
Philly Shipyard and Matson previously partnered on the construction of four containerships that were delivered between 2003 and 2006. All four of those vessels are currently servicing Matson s Pacific trade.

Posted On:2-Apr-2019



Maran Gas Pens LNG Carrier Charter Deal with Japanese JERA
Greece-based shipping company Maran Gas Maritime, a subsidiary of the Angelicoussis Group, has concluded a time charter contract with Japan’s JERA for one LNG carrier newbuild.
Maran Gas signed the agreement with LNG Marine Transport Limited (LMT), a unit of JERA, in late March 2019.
Starting from late 2019, the charter period for the vessel is 12 years firm, according to JERA.
As informed, Maran Gas ship, as well as another LNG carrier newbuild owned by GasLog, will be used for transportation of LNG produced from the Freeport LNG Project in Texas, USA, in which JERA participates.
The 173,400 cbm vessel is currently being built at Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea.
Formed in 2003, Maran Gas, the LNG division of Angelicoussis Group, has a fleet of 28 LNG vessels in operations, with 12 more on order plus one FSRU.
JERA plans to increase its LNG fleet to 25 vessels by 2025 in association with an increased ratio of ‘free on board’ (FOB) contracts.

Posted On:2-Apr-2019



Container ship attacked, 4 crew kidnapped, Gulf of Guinea
Container ship CONTSHIP OAK was attacked by armed pirates late Mar 30 in vicinity 03 53N 009 30E, Douala outer anchorage, Cameroon, Bight of Bonny, Gulf of Guinea. The ship was anchored at the time of the attack. Pirates boarded the ship, probably ransacked ship and crew, and fled, taking four kidnapped crew with them. CONTSHIP OAK docked at Douala on Mar 31, and as of morning Apr 2, remains docked.

Posted On:2-Apr-2019



Visser Shipping Chooses Hybrid-Ready Scrubbers for Its Ships
Dutch shipping company Visser Shipping has signed a contract to outfit its three 9.0 MW containerships with hybrid-ready scrubber systems.
Signed with Value Maritime, the contract includes an option for a fourth scrubber.
The open-loop scrubbers are set to be installed on Visser Shipping s vessels between October and December this year in order to be ready before IMO 2020 goes into effect on January 1, 2020.

Posted On:2-Apr-2019



Navios Acquisition Disposes of Its Oldest Vessel
Navios Maritime Acquisition, an owner and operator of tanker vessels, has sold the oldest vessel in its fleet, the C. Dream.
As informed, the very large crude carrier has been sold for USD 21.75 million.

Posted On:2-Apr-2019



ICTSI unit upgrades Subic port capacity
ICTSI subsidiary Subic Bay International Terminal Corp. (SBITC) is upgrading its port’s ability to securely and efficiently pile containers to optimize container yard space.
SBITC said it has recently added four reach stackers - an equipment which can lift, shift and stack empty containers - to ensure efficient port operations and optimize container yard space of the Subic port terminal.

Posted On:2-Apr-2019



Credits: www.bunkerportsnews.com

Qatar: Ports witness strong growth in February
Qatar s maritime sector continues to post strong performance as ports in the country have registered robust growth in cargo traffic in February. Hamad Port, Doha Port and Ruwais Port handled 83,091 tonnes of general cargo last month compared to 46,764 in January, reflecting 78 percent monthly increase.

Posted On:2-Apr-2019



Credits: www.bunkerportsnews.com

New channel ready for use
The project to deepen, widen and lengthen the Harbour s shipping channel is complete and ready for use, ensuring Lyttelton is prepared for the future of larger vessels calling at our port.
The Fairway Dredge completed the project late last year, and now twenty-two new navigation aids see Lyttelton become one of the country s leading ports with this state-of-the-art system.

Posted On:2-Apr-2019



Credits: www.bunkerportsnews.com

APM Terminals Introduces New Port Charges
Lagos container port operator, APM Terminals has introduced new port charges on export cargoes called ‘Renomination Fee.
Disclosing this in an email correspondence sent out to its customers over the weekend, leading French-based container liner, CMA-CGM explained that the Renomination Fee takes effect from March 20th, 2019.

Posted On:2-Apr-2019



Credits: www.bunkerportsnews.com

Port provides input for the agenda of the new European Commission
As the European elections take place in May 2019, the Port of Rotterdam has outlined its priorities for the coming years in the field of decarbonization. The Port of Rotterdam underlines a system change is necessary to facilitate the energy transition, both in Rotterdam and in the rest of Europe.

Posted On:2-Apr-2019



Credits: www.bunkerportsnews.com
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