Maritime Companies Directory

Saudi Arabia’s state owned oil company Saudi Aramco will buy 5 million tons of liquid natural gas per year(LNG) from the U.S. company Sempra Energy, based in San Diego under a 20 year agreement.The heads of agreement (HOA) between the companies anticipates the negotiation and finalization of a definitive 20-year liquefied natural gas (LNG) sale-and-purchase agreement (SPA) for five million tonnes per annum (Mtpa) of LNG offtake from Phase 1 of the Port Arthur LNG export-project under development. It also includes the negotiation and finalization of a 25% equity investment in Phase 1 of Port Arthur LNG.

Prime Minister Justin Trudeau on Wednesday said Canada would spend an estimated C$15.7 billion ($11.7 billion) to renew its coast guard fleet and that it would partner with a new shipyard to complete the project.Two Arctic icebreakers will be among a total of 18 new ships ordered, Trudeau told reporters in Vancouver. They will be built by Irving Shipbuilding in Halifax on the east coast, while 16 multi-purpose vessels will be built by Vancouver Shipyards on the west coast."Our government will be doing a full renewal of the Canadian coast guard fleet and creating new shipbuilding jobs right here in British Columbia," said Trudeau, who is standing for re-election later this year.

The Belgium Naval & Robotics consortium, composed of Naval Group and ECA Group, won the contract to supply 12 minehunting vessels to the Belgian and Dutch navies. Equipped with around 100 drones, constituting approximately 10 drone systems (toolboxes), six ships are destined for the Belgian Navy, while the other six will be delivered to the Dutch Navy.The 10-year contract is worth nearly $2.3B. After a three-year design phase, Belgium Naval & Robotics will launch the production phase of the ships and drone systems with a first delivery expected in 2024.

"With the conversion of SAJIR, we are the first shipping company worldwide to convert a container vessel of this size to natural gas propulsion."  Richard von Berlepsch, Managing Director Fleet Management at Hapag-LloydIn its more than 170 years of existence, the Hamburg-based Hapag Lloyd  has used all kinds of solid and liquid fuels to generate energy for the propulsion of its ships. And now the shipping company has announced that it intends to convert the propulsion system of its 15,000 TEU container vessel MV SAJIR to use natural gas (methane), a world-first.The contract for the conversion was signed with Hudong Hondhoa Shipbuilding (Group) Co, Ltd.

A bulk cement carrier that ran aground off beaches of Al-Fazayah Beach, Salalah in Oman has been refloated in one piece and without no damage to the environment, said the company behind the salvage operation, Resolve Marine Group.The partially loaded vessel, RAYSUTT II, departed Port of Salalah in May of last year when the port was evacuated due to adverse weather conditions. The vessel lost headway and steerage and subsequently grounded on on May 26, 2018 on Al- Fazayah Beach, a unique vacation spot which is known for the nesting of endangered sea turtles.