ZF Appoints New Board Members
ZF Friedrichshafen AG's Supervisory Board has appointed Sabine Jaskula and Dr. Holger Klein to the company's Board of Management.Jaskula, an experienced HR manager and lawyer, will be responsible for Corporate HR and Legal functions from latest January 1, 2019. In this function, she will also be in charge of compliance. Dr. Klein has been appointed to ZF's Board of Management with effect from October 1, 2018. His responsibilities will include Car Chassis Technology and Aftermarket (service and parts business).
New Rules on Ship Emissions Herald Sea Change for Oil Market
New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC oil producers to bunker fuel sellers and shipping companies.The regulations will slash emissions of sulfur, which is blamed for causing respiratory diseases and is a component of acid rain that damages vegetation and wildlife.But the energy and shipping industries are ill-prepared, say analysts, with refiners likely to struggle to meet higher demand for cleaner…
First of Six New LNG Carriers Delivered to BP
BP Shipping has taken delivery of British Partner, the first of a half dozen new 173,400 cubic meter capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.BP Shipping, which launched a fleet rejuvenation program in 2016 that includes 32 new vessels for delivery over a three-year period, says the six new Partnership class ships will increase its ability to transport LNG in emerging new markets, such as Pakistan, Jordan, Egypt and Bangladesh, in addition to established markets, such as India, China, the U.S.
Twin Disc Celebrates 100 Years
Marine power transmission and propulsion technology company Twin Disc is celebrating its 100th anniversary with a wide range of local, national and international events that kicked off in May and run throughout the year.Twin Disc began in Racine, Wisc., in 1918 with P.H. Batten's introduction of the twin disc farm tractor clutch. In the 1930s, the company entered the marine market, manufacturing countershaft reduction gears with 100 percent reverse power. During WWII, it converted all its operations to the production of essential war materials…
ABB Power and Automation for New Indian Ferries
ABB said it has signed a contract with India’s largest shipbuilding and maintenance facility, Cochin Shipyard Ltd, to deliver a first-ever integrated power and automation package to an Indian shipowner.ABB’s contract with Cochin Shipyard covers two new 1,200-passenger ferries, to be delivered to the Andaman & Nicobar Administration in 2020. In what’s said to be a first for a shipowner in India, these vessels will benefit from a full integration of their power generation, distribution and propulsion systems…
New Bill to Enrol Non-Mechanical Propelled Vessels in India
Jal Marg Vikas Project (JMVP) being implemented with technical and financial assistance of the World Bank envisages preparation of Disaster Management Plan (DMP) and Emergency Management Plan (EMP) to take care of the activities like navigation, terminal & jetty operation, oil spill, disaster contingency etc. after the commissioning of the project and while operating cargo and passengers vessels on National Waterway-1 (NW-1). The mechanically propelled inland vessels are governed by the Inland Vessels Act…
SEA\LNG Adds Members
SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced the addition of three new members to the coalition. JAX LNG, Petronet LNG Limited, and Toyota Tsusho Corporation (TTC), have joined SEA\LNG to support the coalition’s goal of creating the necessary confidence in the shipping sector to drive an effective and efficient global LNG value chain by 2020. Peter Keller, SEA\LNG Chairman and Executive Vice President…
GRSE to Build MTU Engines in India
agreement between Rolls Royce and Garden Reach Shipbuilders & Engineers Ltd. (GRSE) will see final assembly of MTU Series 4000 engines in India. Under the terms of the deal, the 12V and 16V 4000 M90 type engines will be assembled in GRSE’s Diesel Engine Plant in Ranchi, while an option for the future local production of parts was also agreed upon. The agreement includes the transfer of MTU technology related to assembly, testing and painting. The 12V and 16V 4000 M90 type engines have a rated power of 2…
Wärtsilä Invests in Turbocharger Services
Wärtsilä said it has invested to expand its offering and global service workshop footprint in turbocharger services. Wärtsilä has more than 20 service workshops globally equipped with full capability to service turbochargers, and with its recent investment the company is able to offer turbocharger services coupled with engine knowhow in flexible cooperation with other Wärtsilä service centers. Customers can reduce operational risk and save time by being able to overhaul the turbocharger and the engine simultaneously.
First Bunker Supply by Barge at Paradip
Gulf Petrochem Group, the UAE based global bunker supplier, has set another milestone in its operations with the first-ever bunker supply by barge at the non-conventional port of Paradip in Odisa, India’s east coast in a joint effort with Indian Oil Corporation Limited (IOCL). Gulf Petrochem arranged for the supply of 810 metric tons of bunker fuel IFO 180 CST by barge. Typically, supplies were made to the non-regular bunker port of Paradip only by Road Tanker Wagons (RTW) and for small volumes.
MXB Begins Physical Operations in Mumbai
Matrix Bharat Pte. Ltd. (MXB), a supplier of marine fuels in India, has begun physical operations in Mumbai. In conjunction with this, MXB has commenced operations on Jawahar Dweep, an island off the southeastern coast of Mumbai. MXB is a joint venture between Matrix Marine Fuels and Bharat Petroleum Corporation Ltd. (BPCL), one of India’s largest PSU (state owned) oil refining and marketing companies. The company will provide physical products at Mumbai’s Outer Port Limits (OPL), servicing vessels that are waiting to berth, as well as vessels making bunker-only-calls.
EPROX Chosen for Wind Service Vessel
Turkish shipyard, Cemre Marin Endüstri A.Ş, has ordered 4 × MAN 8L21/31 variable-speed GenSets, in connection with the construction of a wind service operation vessel (WSOV) for Louis Dreyfus Armateurs (LDA), the French shipowner. The newbuilding will also feature MAN’s EPROX (Energy Saving Electric Propulsion System) that will reduce the vessel’s CO2 emissions and fuel consumption. The MAN engines will be prepared for IMO Tier III and set up such that they can be retrofitted at a later time with MAN’s state-of-the-art SCR system.
Lubricants Manufacturer Exol Eyes Maritime Markets
A new worldwide distributor deal signed between Yorkshire-based maritime diesel engine specialist Maktec Marine and Midlands headquartered lubricant giant Exol aims to catapult the U.K. lubricants manufacturer into the maritime industry. “Exol is a sleeping giant in the maritime sector,” said Mark Cornforth, owner of Maktec, a brand with 20 years of maritime industry experience. “Exol is flourishing in the industrial, automotive, agriculture and transport sectors but wants to ramp up activity in the shipping industry, which is Maktec’s specialist area.
India Plans First LNG Facility in Haldia
The Haldia Dock Complex under Kolkata Port Trust has recently earmarked about 10 acres of land in the vicinity of Haldia Oil Jetty No. 1 for a period of 30 years for setting up of LNG storage facilities, with permission to lay pipelines and install unloading arms through tender cum auction. The project will be undertaken on land lease model by granting lease of land by middle of December, 2016. LNG facilities are expected to be developed within 24 months from date of allotment of land.
GP Global Acquires MAG Lube
GP Global (Formerly Gulf Petrochem Group) today announced that it has completed its acquisition of MAG Lube LLC in the United Arab Emirates. MAG Lube LLC is a manufacturer of lubricants in the Middle East, distributing its full range of lubricants in more than 40 countries across the Middle East, Africa and Asia. GP Global has acquired a majority stake of MAG Lube LLC, a company valued at close to $75m, in a global lubricants market said to reach $166.23bn by 2025 according to Grand View Research, expanding at a 3.8% CAGR during the forecast period.
Rolls-Royce, GSL to assemble MTU engines
Rolls-Royce said it has reached a deal with Indian naval shipbuilder Goa Shipyard Limited (GSL) to cooperate in the local manufacturing of technologically-advanced MTU Series 8000 engines. Under the agreement, which was signed this week at the defense trade show Defexpo in India, the companies will assemble the 16-cylinder and 20-cylinder MTU Series 8000 engines at GSL’s new facility in Goa.The MTU brand produces large diesel and gas engines and complete propulsion systems as…
GE Gas Turbines to Power Indian Stealth Frigate
GE’s Marine Solutions announced that its LM2500 marine gas turbines will power the Indian Navy’s P17A stealth frigate. The LM2500 gas turbines will be provided by Hindustan Aeronautics Limited (HAL) Industrial and Marine Gas Turbine division, Bangalore, India under license from GE. HAL will assemble and test the LM2500 gas turbines prior to installation; HAL is licensed by GE to do so for Indian Navy LM2500 propulsion applications. HAL also is licensed to provide service and comprehensive support including inspection…
Singapore's Bunker Market Rallies
The Singapore fuel oil market has rallied this week as inventories have dropped at the same time that some supplies in the region do not meet the standards for use as shipping fuel, further reducing the amount of supply available, five trade sources said.Cash premiums for 380-centistoke fuel oil, which is primarily sold for ship fuel, known as bunker fuel, have soared this week to the highest since May 2017. The premium of the prompt-month swap for the fuel over the second-month swap has jumped to the highest since October…