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Virginia 1st US Port to Become Part of SEA\LNG
The Port of Virginia has become the first port in the United States to join SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of LNG as a marine fuel.
"The addition of the Port of Virginia to the coalition marks the climbing interest in LNG as a commercially viable, environmentally sustainable fuel for U.S. domestic and international shipping," Peter Keller, Chairman, SEA\LNG, said.
"The U.S. has vastly increased its LNG export capacity since the industry really took flight in early 2016, inspiring development in LNG bunkering capabilities on the East and West Coasts."
The Port of Virginia, an international hub port with connections to over 45 countries worldwide, is currently undertaking a USD 700 million expansion project to increase overall container capacity by 40%, as well as increasing lifting and docking capabilities across its six terminals.
In March 2019, the port also established a working group to examine the benefit and scalability of LNG bunkers for maritime trade.
"Our industry is evolving and the issues of alternative marine fuels and ports reducing their carbon footprints are growing in their importance. LNG bunkering would represent a complimentary capability to our land and waterside assets and investments," John F. Reinhart, CEO and Executive Director of the Virginia Port Authority, said.
The Port of Virginia is the second North American port alongside the Vancouver Fraser Port Authority, and the fifth global port alongside the Port of Rotterdam, the Maritime and Port Authority of (MPA) Singapore, and Yokohama Kawasaki International Port Authority (YKIP), to join the coalition s growing roster of 36 members.Posted On:3-Jul-2019
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Global Energy Ventures Selects CIMC Raffles to Build CNG Ships
Australia s Global Energy Ventures (GEV), a developer of global integrated marine compressed natural gas (CNG) projects, has signed a letter of intent (LOI) with China-based Yantai CIMC Raffles Offshore Limited for the construction of CNG Optimum 200 ships.
The LOI is based on a firm order for four 200MMscf CNG ships with the option for GEV to order up to an additional four ships.
After signing the LOI, the parties intend to enter into a shipbuilding engineering, procurement & construction (EPC) contract, employing GEV’s CNG Optimum design.
According to GEV, the proposed contract price range is USD 135-140 million per ship.
As reported in April 2019, three shipyards completed comprehensive technical specifications employing the CNG Optimum design approved by the American Bureau of Shipping. This followed a targeted selection process led by GEV Director Jens Martin Jensen, and run over the past 12 months supported by the company s shipbroker Clarksons Platou and SeaQuest providing ship engineering experience to assist in finalizing the technical specification.
"They (CIMC Raffles) are the logical choice for GEV given their scale of operations to support a multiple ship order, their history of building the only CNG ship to date, and a track record in successful EPC delivery," Jens Martin Jensen, Non-executive Director at GEV, said.
"Together with our advisors Clarksons and SeaQuest, we continue to focus on our preferred shipyards to refine their technical specification and capital cost improvements, and work towards a final draft contract. Executing our first LOI with a respected shipyard to deliver our first CNG Optimum Contract is indeed a key milestone for GEV representing a major de-risking event," he added.
Under the proposed shipbuilding contract, the CNG Optimum ships will be designed, procured, built, tested, and delivered by the shipyard. They will be delivered on a thirty-month construction schedule for the first ship, then every four months for the following three firm ships.
The newbuilds will be capable of operating for the intended and defined waters for the purpose of delivering CNG from gas supply to gas buyer in generally accepted ocean shipping conditions.
"The culmination of 12 months work by our shipping team will now accelerate GEV s regional gas supply agreements that are being progressed across multiple regions. Our target projects are either seeking to commercialise stranded gas assets, commercialise associated gas production, or provide a transport solution to high growth markets with bankable long-term off-take customers in place. Our ship capital cost for the 200MMscf is transformational for CNG to become a viable alternative to FLNG or sub-sea pipelines," Maurice Brand, Executive Chairman and CEO, added.Posted On:3-Jul-2019
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Abu Dhabi, Mauritius Ink Cooperation Deal
Abu Dhabi Ports and the Mauritius Ports Authority (MPA) have signed an agreement to pool their combined expertise to enhance the maritime sector across the Indian Ocean.
Under the Memorandum of Understanding (MOU), Abu Dhabi Ports and MPA will explore areas of collaboration between the public and private sectors, as well as how to ensure the safety and security of passengers, crew members, vessels and port facilities.
The agreement will see the two ports research the most effective use of tugboats, as well as training initiatives for deck and engine officers.
The two organisations will also work together on the cruise industry sector by helping Port Louis Harbour to position itself in the Indian Ocean Circuit and to tap into potential cruise visitors from the Arabian Peninsula. Additionally, the parties aim to attract more cruise lines to the region and explore new routes such as UAE - Indian Ocean and Southern and Eastern Africa.
"Our collaboration plays a pivotal role in accelerating global growth opportunities for both parties. Trade across the Indian Ocean has been a key bridge between East and West throughout history, and Abu Dhabi s strategic location makes us the ideal partner for organisations in both parts of the world," Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said.Posted On:3-Jul-2019
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Explosion and fire on board of Italian LPG tanker
Explosion followed by fire on board of Italian LPG tanker SYN ZANIA claimed 1 life, 15 other crew were evacuated and got medical treatment, no serious injures reported. Tanker was loading LPG cargo at Petkim Refinery terminal, Aliaga, Turkey, explosion occurred at around 2330 LT Jul 1, the cause of explosion yet unknown. Shore engines and fire boats were deployed, fire was reported extinguished by probably, 0200 LT Jul 2. Crew includes 15 Italian and 1 Romanian nationalities.Posted On:3-Jul-2019
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Russian nuclear submarine explosion and fire, all on board reported dead
Russian North-West Region local media on Jul 2 reported explosion and fire on board of Russian Navy deepwater nuclear research station or submarine AS-12, known as LOSHARIK. Accident occurred on Jul 1. According to news, all staff on board, up to 14 people, died in explosion and fire. Ministry of Defence didn t reveal name of underwater vehicle, number of crew or any other details.Posted On:3-Jul-2019
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Neopolia to Build Neoline s 1st Two Sailing Cargo Ships
Neoline has selected the Loire-based company Neopolia S.A.S. for the construction of its first two sailing cargo vessels.
This was announced at the maritime event La Mer XXL held in Nantes, France, from June 29 to July 10, 2019.Posted On:3-Jul-2019
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APM Terminals Invests in Barcelona Terminal
Port and terminal operator APM Terminals Barcelona has invested EUR 47 million (USD 53 million) in the Spanish Port of Barcelona over recent months.
This was announced last week while APMT Barcelona was providing an overview of its short and middle-term projects.Posted On:3-Jul-2019
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First blockchain container shipped to Rotterdam
The first paperless, instantly financed and fully door-to-door tracked container made its way from Korea to the warehouse of Samsung SDS in Tilburg via Port of Rotterdam on Blockchain-based platform DELIVER.
ABN AMRO, Port of Rotterdam and Samsung SDS demonstrated that blockchain technology enables interoperability, and that integrated container tracking and tracing, required cargo documentation processing and financing can all be done in a trusted, secure and paperless way.Posted On:3-Jul-2019
Credits: www.bunkerportsnews.com |
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Saudi port handles 500K containers by remote control
The regional executive director of international port operator Hutchison Ports, Andy Tsoi, was in Saudi Arabia on Saturday to discuss his company s joint-venture partnership with the Maritime Company for Navigation (MACNA), International Ports Services - the largest concession at the King Abdul Aziz Port in Dammam.Posted On:3-Jul-2019
Credits: www.bunkerportsnews.com |
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JSW Infra set to win container terminal project at New Mangalore port
JSW Infrastructure Ltd is set to win the rights to run its first container terminal project at a Central Government-owned port. It has quoted the highest per-container royalty to operate a facility at New Mangalore Port Trust (NMPT).
The Sajjan Jindal-led JSW Infrastructure quoted a royalty of ₹951 per twenty-foot equivalent unit (TEU) for a 500,000 TEU capacity terminal to be run from Berth No 14 at NMPT on a 30-year contract, multiple government sources told BusinessLine.Posted On:3-Jul-2019
Credits: www.bunkerportsnews.com |
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MMTC pact for iron ore export to Japan, Korea benefits VPT
The three-year agreement signed by Metals and Minerals Trading Corporation (MMTC) for export to Japan and Korea has helped Visakhapatnam Port Trust to register impressive performance during the first quarter of the current fiscal brightening the hope that it will improve its ranking next year.Posted On:3-Jul-2019
Credits: www.bunkerportsnews.com |
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Ports launch first ever sector-wide health and safety plan
Port Skills and Safety ("PSS"), the collective body for Safety and Skills in UK ports, today launched the first ever ports Sector Safety Plan. This landmark development has been developed by the sector itself and summarises the progress made by the sector, it s deep ambition to continue and broaden improvement and the key principles that the sector has signed up to achieve this.Posted On:3-Jul-2019
Credits: www.bunkerportsnews.com |
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