Ardmore Shipping Refinances Three Vessels
Bermuda-based product and chemical tankers owner Ardmore Shipping Corporation announced that it has signed binding agreements for the refinancing of three vessels.The provider of seaborne transportation of petroleum products and chemicals worldwide to oil majors has signed agreements for the sale and leaseback, under a finance lease arrangement, of the Ardmore Exporter and Ardmore Seavanguard, two 2014-built 50,000 Dwt Eco-design MR tankers, with a high-quality financier in China.The lease agreements are for a period of seven years…
New High Efficiency Propeller Introduced
Philadelphia design firm Sharrow Engineering, LLC announced that the company’s propeller design has been awarded patents in the U.S., Japan, Canada, and European Union with further domestic and international patents pending. Additionally, the final phase of testing on its core propeller product has been completed.Over the past six years, Sharrow Engineering has analyzed extensive testing data collected at the University of Michigan’s Marine Hydrodynamics Laboratory and implemented a rigorous in-water test program using manned vessels in lakes, rivers, and bays.
Yanmar Delivers Dual-Fuel Tugboat Propulsion Engines
Japan-based Yanmar has delivered two 6EY26DF dual-fuel commercial marine engines with the ability to use both heavy fuel oil (HFO) and liquefied natural gas (LNG) as fuels for the LNG tugboat. Mitsui O.S.K. Lines, Ltd. (MOL) will take delivery of the vessel once construction is completed in February 2019 with the tugboat expected to commence operation in April 2019.Yanmar has also received orders for the LNG fuel tanks, buffer tanks, and gas combustion devices that make up the LNG fuel feed systems for the engines.The MOL-owned vessel will be manufactured by Kanagawa Dockyard Co., Ltd.
Scrubbers Market to Surpass $8 Bln by 2024 -Report
The market for marine exhaust gas cleaning systems, also known as scrubbers, is expected to continue generating momentum in the years ahead amid increasing concern toward maritime pollution and new environmental regulations. The global market share for marine scrubbers is predicted to surpass $8 billion by 2024, according to a report by Global Market Insights.As per the latest International Maritime Organization (IMO) legislation, effective from January 1, 2020, the maximum limit of sulphur in fuel oil used on board ships will be 0.5 percent m/m…
Maersk Tankers Tests Wind Power to Fuel Ships
Maersk Tankers is testing the use of wind power to fuel its ships, a new technology it says can cut fuel consumption by up to 10 percent and help the industry reduce polluting emissions.The move comes as the global shipping industry is suffering from rising oil prices and preparing for fuel costs to rise further by around a quarter, or some $24 billion, in 2020 when new rules limiting sulphur kick in.The company has installed two 30-metre tall metal cylinders on board the Maersk Pelican, a Long Range 2 (LR2) product tanker vessel.
World First: Navigator Aurora Converted to Run on Ethane Fuel
The recent conversion of a slow-speed marine diesel engine to operate on Ethane as a fuel marks a world first.Navigator Gas, in partnership with Charterer Borealis, engine manufacturer MAN Energy Solutions, cargo system and fuel gas supply system supplier TGE and ABS, has completed the successful conversion of the Navigator Aurora’s main engine from LNG fueling to Ethane fueling, while berthed alongside at Frederikshavn in Denmark.“This is the latest example of how ABS is collaborating…
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).
ABS Classes Next Generation LNG Carrier
ABS has confirmed that the ABS-classed Diamond Gas Orchid, the world’s first "Sayaringo STaGE" next generation LNG carrier, has been delivered to Diamond LNG Shipping, a joint venture between Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK). Ordered by Diamond LNG Shipping through MI LNG Company, Ltd., constructed by Nagasaki-based Mitsubishi Heavy Industries Marine Structure Co., Ltd. and delivered by Mitsubishi Shipbuilding Co., Ltd., the innovative carrier introduces…
Fuels, Lubricants & Green Marine
International Maritime Organization (IMO) fuel rules entering force in 2020 mandate a drastic sulfur reduction. By 2050 the mandate is to cut greenhouse gas emissions of shipping by at least 50 percent.Marine fuels, lubricants and additives manufacturers play their part in establishing maritime’s green credentials by introducing new environmentally acceptable technologies and products.The shipping industry is more than ever portrayed in a bad light due to increasing awareness of its contribution to global climate change, according to Dirk Kronmeijer, CEO of GoodFuels Marine.
YANMAR Announces Key Appointments
YANMAR Marine International (YMI), supplier of engines and technology-driven marine propulsion systems to the leisure and light duty commercial markets, has announced key appointments.Following his work in various senior managerial positions in the company, Teruyuki Yamaoka is named the new Vice President YMI, while Floris Lettinga is promoted to Director Sales and Marketing to extend his 15 years within the marine department at YANMAR.Yamaoka brings extensive experience in production management and quality assurance, corporate brand building, strategic operations and planning to YMI.
Rolls-Royce Gas Turbine Selected for Japan’s New Frigate
Rolls-Royce reports it has been selected to supply its MT30 gas turbine to power a new class of frigates for the Japan Maritime Self Defence Force (JMSDF).The selection means Japan is the fifth nation to select the MT30 for a major naval shipbuilding program.Sam Cameron, Rolls-Royce, Senior Vice President – Defence, said, “Japan’s selection of the MT30 is very significant and means that the three largest users of marine gas turbines, have all endorsed the capabilities of the MT30…
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…
Japan: An LNG Bunkering Hub?
New study examines Japanese government strategy for creating infrastructure for environmentally-friendly ship fuel.A new report by the Intrernational Transport Forum at the OECD assesses Japan’s ambition to become an international bunkering hub for liquefied natural gas (LNG).The Japanese government is working to position the nation as a LNG bunkering hub as it expects the fuel's significance in shipping to grow.Japan is already the world’s largest importer of LNG by a large margin.
Yaskawa Ups Investment in The Switch
Yaskawa Corporation is making a multimillion-euro investment to strengthen the R&D capabilities of The Switch and purchase new equipment at the company’s factory in Lappeenranta, Finland.The investment will enable drive train testing of up to 15 MW. The Switch will now become Yaskawa European’s Environmental Energy Division, leading the Japanese company’s global business in the marine, wind and turbo/industry segments.This latest investment provides The Switch with the capability to test high-power machines…
GE Gas Turbines for Japan’s JS Asahi Destroyer
Two GE LM2500 marine gas turbines power the Japanese Maritime Self Defense Forces (JMSDF) newest destroyer JS Asahi (DD119). This first of two new destroyers in the JMSDF’s Asahi-class destroyer program was recently commissioned by the JMSDF. The ship was built by Mitsubishi Heavy Industries (MHI) at its Nagasaki Shipyard & Machinery Works in Japan. “We work in concert with IHI, our longstanding partner in Japan, to supply LM2500 marine gas turbines to the JMSDF for this new destroyer and other surface combatant programs,” said GE’s Brien Bolsinger, Vice President, Marine Operations.
ICS: Compromise Needed on CO2 strategy
Ahead of critical meetings at the UN International Maritime Organization (IMO) which commence on 3 April, the International Chamber of Shipping (ICS) says that governments must compromise to help IMO agree an ambitious strategy for the further reduction of CO2 emissions by shipping that will match the expectations of the Paris Agreement on climate change. “Governments on all sides of the debate are going to need to show far more willingness to compromise on their current positions or put at risk an agreement on a meaningful strategy.
YANMAR Cruises Into Alaska with Power to Spare
YANMAR only recently arrived in the Pacific Northwest with its mechanical 6AYAM-ET diesel engine. It looks like they are here to stay. In November of last year, YANMAR America and its guests officially opened the YANMAR EVO//CENTER in Acworth, Ga. Situated on 50-plus acres of land in Cherokee County, the new 50,000 square foot facility features six state-of-the-art product training labs with classroom and hands-on space, three classrooms, multiple meeting rooms, office space, a 250-seat auditorium, and myriad other amenities and features.
NYK, JMU Develop Highly Efficient Propeller
Nippon Yusen Kabushiki Kaisha (NYK), MTI Co. Ltd., and Japan Marine United Corporation (JMU) have successfully developed a highly efficient propeller by analyzing the conditions surrounding vessel propellers in actual operation. This new propeller will be installed on two newly built containerships that will be delivered in 2019, and will achieve a 1.2 percent reduction in carbon dioxide (CO2) emissions by improving fuel efficiency. The propeller plays a major role in the propulsion of a ship…