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.: 9-Aug-2019 :. Search News
Displaying 1 to 8 of Records.
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Meyer Werft Announces Float Out of Norwegian Encore
Norwegian Cruise Line s newest ship, Norwegian Encore, is scheduled to leave the covered building dock II at Meyer Werft shipyard in Papenburg on August 17, 2019, German shipbuilder said.
Once the 169,145 GT Norwegian Encore leaves the dock, it will berth at the shipyard s outfitting pier to be fitted with its funnel cladding.
The newbuild will then remain in the shipyard port for further outfitting work and onboard trials until its passage through the river Ems up to the orth Sea, which is expected to take place at end of September.
For Norwegian Encore to be able to berth at the outfitting pier, the floating section-engine room unit - of P&O s Iona that is currently moored there will have to be moved to another berth in the shipyard port. After Norwegian Encore leaves dock, the floating part for Iona, which is due for completion in spring 2020, will be maneuvered back into the free covered building dock II for further construction work, Meyer Werft explained.
Being the fourth ship in the Breakaway Plus class, Norwegian Encore measures 333.46 meters in length and 41.4 meters in width, with capacity for 4,004 passengers.
The cruise vessel will offer seven-day cruises to the Eastern Caribbean from Miami beginning November 17, 2019, through April 12, 2020.

Posted On:9-Aug-2019



Product Tanker, Ocean Self-Unloader Segments Boost Algoma s Earnings
Canadian shipping company Algoma Central Corporation wrapped up the second quarter of 2019 with higher net income, driven by an increase in operating earnings.
Algoma s net earnings rose to CAD 22.1 million (USD 16.7 million) in Q2 2019 from CAD 14.4 million (USD 10.9 million) seen in the corresponding period a year earlier.
As explained, profit was higher as a result of a rise in operating earnings and a foreign currency gain versus a loss reported last year.
Consolidated revenue for the 2019 second quarter was CAD 159.2 million, an increase of 14% compared to CAD 139.4 million reported for the same period in 2018.
Specifically, product tanker operating earnings grew 222% which was driven by high customer demand and having two additional vessels operating in the quarter compared to last year. During the quarter, the company added the tanker Algoterra to the Canadian fleet.
The ocean self-unloader segment grew earnings by 85% based on strong pool performance and the acquisition of three vessels that began operating for Algoma in the CSL Pool in June.
On the other hand, domestic drybulk results were lower due to having one less vessel in operation, partially offset by a strong pricing environment on the Great Lakes - St. Lawrence Seaway.
"Since last fall we have added six new vessels into our core businesses, each of which have been strong contributors to our year to date earnings," Gregg Ruhl, President and CEO of the company, commented.
"These new vessels have integrated well into the Algoma fleet and we look forward to continued strong results with the added capacity going forward," he added.
Algoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes St. Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Algoma also owns ocean self-unloading dry-bulk vessels operating in international markets and a 50% interest in NovaAlgoma.

Posted On:9-Aug-2019



CMB, Tsuneishi Team Up on New Hydrogen-Powered Ferry
Antwerp-based maritime group Compagnie Maritime Belge (CMB) and Japanese shipbuilder Tsuneishi Facilities & Craft (TFC) have joined forces to construct a hydrogen-powered ferry.
By combining TFC s shipbuilding capabilities and CMB Technologies knowhow in marine hydrogen systems, both parties hope to build "a revolutionary ship that will be a milestone in the journey towards zero carbon emission shipping."
After receiving the necessary regulatory approval, the ship will be built at TFC’s facilities in Onomichi, Japan, and is expected to be delivered in 2021.
As explained, the new development also supports Japan s vision to become a leading hydrogen society by 2050.
CMB has accelerated its investments in hydrogen technologies as it recently acquired RTL which specializes in the engineering, development, prototyping, design and testing of automotive and marine engines.
RTL has been pioneering and developing hydrogen combustion engines (H2ICE) and systems for more than 10 years. The company has also developed the engines on board the CMB-owned Hydroville, the world’s first sea-going vessel with dual fuel diesel-hydrogen engines.
To be renamed CMB Revolve Technologies, the newly acquired company will focus on CMB s hydrogen projects and continue to supply consultancy services to third party customers in the automotive and marine industries.

Posted On:9-Aug-2019



Tanker Charters a Very Complex Affair
On the back of the past couple of months turmoil in the Gulf Arab region, fixing a tanker on a charter basis is no easy task. In its latest weekly report, shipbroker Intermodal commented that on the 12th of May four tankers were attacked near the coast of Fujairah.

Posted On:9-Aug-2019



Container ship and brand new cargo ship collided in Japanese waters
Panamax container ship collided with brand new general cargo ship early in the morning Aug 8 in Japanese waters, while approaching port of destination. Cargo ship was sailing in the same direction. Cargo ship reached port and was berthed after collision, while container ship was brought to anchor near collision site. As of 2330 Tokyo time, was still at anchor. No information on damages. It was said only, that there were no injures.

Posted On:9-Aug-2019



Stellar Daisy Network Demands New Search to Recover 2nd VDR
The International Stellar Daisy Network has called on the South Korean government to retrieve the second Voyage Data Recorder (VDR) from the sunken bulk carrier.
The latest development comes on the back of the recently released result of the initially retrieved VDR, released on July 26, that revealed only partial voyage information.

Posted On:9-Aug-2019



African ports are setting the pace on infrastructure boom
Morocco s Tanger-Med port has become the Mediterranean’s largest, while Kenya is about to launch a decades-long master plan to transform shipping and logistics.
On 5 August, Gabon secured US$341mn funding to expand capacity at its Owendo port in the capital Libreville. On the same day, Namibia launched a US$268mn expanded container terminal at its main port of Walvis Bay.

Posted On:9-Aug-2019



Credits: www.bunkerportsnews.com

Incheon Port Authority Set to Expedite Golden Harbor Project
The Incheon Port Authority (IPA) announced on Aug. 6 that it can now accelerate the Golden Harbor project in the Incheon Free Economic Zone as the Korean National Assembly has passed an amendment to the Special Act on the Designation and Management of Free Economic Zones or the Free Economic Zone Act for short, which was proposed to facilitate the development of an international ocean tourism complex called the Golden Harbor in Incheon.

Posted On:9-Aug-2019



Credits: www.bunkerportsnews.com
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