LNGC Containment Market to Reach $16Bln By 2025
America held the lowest share of the global market in 2018. However, the region is estimated to witness a modest CAGR in the future, owing to the growing LNG-based industries.Major players of the LNG carrier containment market are Gaztransport & Technigaz, Mitsui O.S.K Lines, Teekay LNG Partners, NYK Line, Gaslog, MISC Berhad, Dynagas LNG Partners, BW Gas, Samsung Heavy Industries, Hudong-Zhonghua Shipbuilding, and Kawasaki Heavy Industries
Sovcomflot Ups its Role in the Sakhalin-2 Project
protection and platform personnel safety services, including platform evacuation and fire suppression. As part of the Sakhalin-2 project SCF Group also operates three Aframax shuttle tankers (Zaliv Aniva, Sakhalin Island and Governor Farkhutdinov) and, in partnership with the Japanese NYK Line, two LNG tankers, each with a capacity of 145,000 cubic meters (Grand Aniva and Grand Elena). All these vessels are on long-term time charter contracts with Sakhalin Energy and are used to transport hydrocarbons from the port of Prigorodnoye to Asia-Pacific countries. At the agreement signing
Shipping Industry Signs Up to Pilot XVELA Platform
XVELA to date include terminal operators Hamburger Hafen und Logistik AG (HHLA), PSA International (PSA), DP World, Modern Terminals Limited (MTL), and Port of Tanjung Pelepas, along with ocean carriers Maersk Line, MCC Transport, Orient Overseas Container Line (OOCL), Nippon Yusen Kabushiki Kaisha (NYK Line), and Hapag-Lloyd, who previously announced their agreement to pilot XVELA on February 17, 2016. “Clearly the industry sees the value to be gained from the real-time information sharing and collaboration capabilities XVELA offers,” said Christopher Mazza, Vice President and
SBM Offshore Divests Stake in Turritella Project
SBM Offshore has entered an agreement with Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line) for the acquisition of a stake in the joint venture companies incorporated for the purpose of owning and operating Floating Production Storage and Offloading (FPSO) Turritella, the company announced today. Mitsubishi Corporation (30 percent interest) and NYK Line (15 percent interest) have acquired a 45 percent combined stake in the joint venture companies. SBM Offshore, MC and NYK Line are also partners in other joint venture companies incorporated for the purpose of owning and
Norwegian Shipowners’ Association Seeks Nominations for Heyerdahl Award
for the conservation of the marine environment. Emphasis will be placed on measures that combine environmental benefits with improved profitability. Since the first award in 2001, six winners have received the prize; Eidesvik AS (2011), Farstad Shipping (2009), Wallenius Wilhelmsen Logistics (2007), NYK Line (2005), the International Tanker Owners Pollution Federation Limited (ITOPF) (2003) and the Green Award Foundation (2001) Individuals from academia, science, research institutes, governments, NGOs, media and the shipping industry are encouraged to nominate. Eligible candidates are legal entities
SHIPPINGInsight 2013 Announces Agenda and Speaker List
and CEO, Tote, Inc. • Yasushi Nakamura, Executive Vice President, Class NK Confirmed shipping company executives participating as moderators or speakers are: • Mark Barker, President, Interlake Steamship • Bret Katz, Director, NYK Line • Al Candia, Senior Operations Manager, Nordic Tankers • William Nugent, Vice President Technical Service Group, OSG Ship Management • Joseph McKeown, Technical Director, V Ships US • Robert Bullen, Fleet
Registration Open for SHIPPINGInsight Fleet Optimization Conference
vice president of Class NK. Executives from major shipping companies will serve as speakers or panel moderators, including APL, Bernhard Schulte, Crowley/Jensen Maritime, Gemini Tankers, Hammonia Reederie, Heidmar, Interlake Steamship, Maersk Lines Ltd, M.T. Maritime Management, Nordic Tankers, NYK Line, OSG, Royal Caribbean, TBS/Roymar and V Ships. The conference program will include sessions on meeting regulatory challenges, designing for efficiency, fuel and propulsion management to include LNG as fuel alternative, system monitoring and maintenance, voyage and ship performance optimization
Chiarello to Keynote 2013 SHIPPINGInsight
. Other conference speakers will address the technical and infrastructure issues regarding LNG as a marine fuel.” Joining Chiarello are confirmed panel moderators from the following shipping companies: -APL -Gemini Tankers -Heidmar -Maersk -M. T. Maritime Management -Nordic Tankers -NYK Line -Royal Caribbean -TBS/Roymar -V Ships An additional group of speakers or moderators will be announced soon, pending confirmation. In its second year following its inaugural launch, SHIPPINGInsight 2013 will adopt a slightly different format to include tabletop exhibits, more engaging panel
February 2024
