|.: 28-Jun-2018 :.
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Very large LNG carrier disabled, on tow Jun 28 Update
Jun 28 Update: Caravan passed St. George s Channel between West Britain and New Ireland islands, PNG, and stopped off Rabaul, northern tip of New Britain, early Jun 27. As of morning Jun 28, tug and tanker were still of Rabaul. Port of destination remains unchanged.
Interview: LNG Bunkering No Longer a Chicken and Egg Situation
One of the key commercial barriers to liquefied natural gas (LNG) becoming the marine fuel of choice for the shipping industry has been the concern about its availability due to the lack of LNG bunkering infrastructure.
"We used to say that it was a chicken and egg situation as the bunker suppliers were waiting for the market, while the market, on the other hand, was waiting for the infrastructure. But the situation has moved past that now and we are seeing new LNG-fueled projects coming in," Stavros Niotis, Senior Engineer, Global Gas Solutions Group, American Bureau of Shipping (ABS), told World Maritime News on the sidelines of the Posidonia trade show.
Panama Canal Opens Its Locks to More LNG Vessels
The Panama Canal has confirmed its plans to lift self-imposed daylight and encounter restrictions on LNG vessels to provide additional transit opportunities.
The changes, which will go into effect from October 1, 2018, would be made in anticipation of LNG transit needs, Panama Canal Authority s Deputy Administrator Manuel E. Benitez said at the World Gas Conference in Washington, DC.
Survey: Shippers More Dissatisfied with Carriers Service Quality
The level of customers satisfaction with the service quality of container shipping companies has dropped since 2016, according to the shipper satisfaction survey conducted by Drewry and the European Shippers Council (ESC).
And now, the exporters, importers and freight forwarders see the service quality as more problematic, the survey finds.
Irish Ferries Ship Suffers Technical Issue
Shipping company Irish Ferries has confirmed that their ship Ulysses will have to be removed from service due to a technical issue. The ferry, which operates on the Dublin to Holyhead route, has been taken out of service until repairs can be completed. The company said that the cruise ferry is expected to return to normal services by the middle of next week, July 4.
Diana Shipping Inks New Loan with BNP Paribas
Athens-based bulker owner Diana Shipping has reached an agreement with a French bank that sets its seventeen vessels unencumbered.
On June 20, 2018, the shipping company signed a term sheet with BNP Paribas for a five-year loan facility of up to USD 75 million, subject to loan documentation.
ABS to Provide Technical Support for probunkers Fleet of LNG Ships
Classification society ABS has signed a joint development program (JDP) with probunkers to provide technical support as the shipping company is to design a fleet of specialist LNG bunker vessels for key ports around the world.
Based in Athens, probunkers aims to design, build, own and operate a fleet of LNG supply vessels in seven ports initially - Houston, Rotterdam (or, alternatively, Antwerp), Gibraltar, Singapore, Hong Kong, Busan and Fujairah.
Star Legend cruise ship passes through Ballard Locks before big crowd
The Ballard Locks had a very wide visitor on Wednesday June, 27 as the Star Legend a cruise ship passed through with only 7 feet to spare on each side. A large crowd lined the observation areas of the lock which allows boats and ships to pass between Lake Union and Puget sound. The difference in water levels can vary by up to 26 feet and the ship had to be raised to the lake level to enter at around 1:30pm.
Titomic updates Fincantieri 3D printing agreement for the maritime industry
In an update to its memorandum of understanding (MOU) with shipbuilding company Fincantieri Australia, large-scale metal additive manufacturing company Titomic has signed a Material Science Testing agreement.
"We are pleased to kick off this first project with Fincantieri as part of our MoU," says Titmoic CTO Jeff Laing, "We will be producing test samples at our new state of the art facility in Melbourne in order to conduct the stringent tests required,".
Tanjung Priok Dropped from JWC War Risk List
The Joint War Committee (JWC) stated that the Port of Tanjung Priok has been declared safe to accommodate world shipping activities. The JWC has removed the Indonesian port from its list of ports that are susceptive to war.
The Director General of Sea Transport Agus Purnomo said that the improvement of the port s status will help it improve and be more competitive. "This shows the world s trust in Indonesia; that the Tanjung Priok Port in Jakarta is considered safe," said Agus on Monday, June 25.
UAE s Fujairah oil inventory data for week ended June 25
Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil products for the week ended June 25. Volumes are in thousands of barrels. Figures in brackets represent volume change from prior week calculated by Reuters.
Anadarko expects to decide on investment in Mozambique LNG export terminal in 2019
Anadarko Petroleum Corp said Wednesday the U.S. oil and gas producer expects to finalize its sales and financing agreements in order to make a final investment decision in the first half of 2019 to build the first liquefied natural gas export terminal in Mozambique.
Mitchell Ingram, Anadarko s executive vice president, international, deepwater and exploration, said at the World Gas Conference in Washington, D.C., that the U.S. oil and gas producer was ready to move forward with the Mozambique project after lining up enough customers for the LNG.