Triton Asset Leasing GmbH

The exceptional growth in LNG trade recorded in the first half of the 2019 continued in Q3, says Awilco LNG Group, the Norwegian based fully integrated pure play LNG transportation provider.According to Fearnleys LNG total LNG trade is up about 13 % in the first nine months of the year vs last year. In line with normal seasonal patterns gas prices inched upwards in Q3 but remained historically low due to increased production and muted demand in the Far East.Due to a relatively mild winter reducing gas demand for power generation and higher nuclear power generation in Japan and South Korea, LNG imports decreased by 8 and 9 % y-o-y Jan-Sept respectively

“The decrease in state spending on higher education is what keeps me awake at night” is how RADM Michael Alfultis, President, SUNY Maritime College, neatly summarized the biggest challenge he faces as the leader of one of the U.S.’ leading maritime universities. “With a small student body (about 1700), the numbers simply don’t work,” noting that while state funding 15 years ago covered two-thirds of the college’s operating expenses, that percentage hovers at or below 30% today.The 10th Annual Maritime Risk Symposium closed yesterday at the Maritime College State University of New York feature a panel of three presidents of leading U.S.

Ulstein Group unveiled a hydrogen-powered ship design that it claims is market-ready, offering zero-emission marine operations.Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution. The first complete hydrogen fueled prospect has been put together by Ulstein Design & Solutions BV and Nedstack fuel cell technology BV. The ULSTEIN SX190 Zero Emission DP2 construction support vessel is Ulstein’s first hydrogen powered offshore vessel, featuring a Nedstack fuel cell power system. The DP2 vessel can cater for a large variety of offshore support operations.

As autonomy gains a foothold in the maritime world, dredging appears next in line to transition to operations without direct human control.A new design concept unveiled by a prominent Dutch ship design and engineering company aims to deliver major power savings and a larger working window for port maintenance dredging operations.The Autonomous Underwater Maintenance Dredger (AUMD) design developed by C-Job Naval Architects is a completely submerged dredging vessel specifically created for maintenance in port environments.

Shipbuilder Metal Shark has delivered two new pilot boats to New Orleans-based operator Belle Chasse Marine Transportation, LLC (BCMT).Designed in-house by Metal Shark and built at the company’s Jeanerette, La. production facility, Jet 1 and Jet 2 are 45-foot welded aluminum Defiant-class monohull pilothouse vessels featuring an extensively proven hull design. The vessels feature a unique deck arrangement designed for pilots and customized to meet BCMT’s specific requirements.Both vessels were recently delivered and are now operating on the Mississippi River, providing service to BCMT’s Port of New Orleans clients.