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JAG RATAN Owner, Manager, Shipyard
Shipping & Offshore oil field service provider
Iranian authorities seized a foreign ship attempting to smuggle fuel out of the country and detained its crew, state new agency IRNA said on Wednesday.Iran, which has some of the world's cheapest fuel prices due to heavy subsidies and the plunge in value of its national currency, has been fighting rampant fuel smuggling by land to neighboring countries and by sea to Gulf Arab states.The ship, carrying more than 550,000 liters of smuggled fuel, was seized in Gulf waters and escorted to harbor in the southern province of Hormozgan, where it was handed to judicial authorities for investigation, the agency added.
Containership owner Seaspan Corporation on Wednesday announced it has ordered four "ultra-modern" 7,700 TEU dual-fuel liquefied natural gas (LNG) containerships from an unnamed "major" shipyard.The newbuilds are scheduled to be delivered in the third and fourth quarters of 2024, and upon completion will enter into long-term charters with a "leading global liner customer".Seaspan, a wholly-owned subsidiary of New York-listed Atlas Corp., said the charters include purchase obligations at the conclusion of the charter terms, and will contribute approximately $0.95 billion of gross contracted cash flow.
Expedition cruising company Lindblad Expeditions will deploy Marine Learning Systems’ online training platform, MarineLMS, fleetwide, following a successful pilot period. According to Marine Learning Systems, online training at sea has always been a challenge for operators due to the unique and challenging maritime operating and training context, especially in the remote locations where Lindblad Expeditions often operates. The Vancouver, B.C. based company has developed its training platform specifically for vessel operators to address the maritime context.
e1 Marine said it has appointed David Lim to the newly created role of vice president of application engineering. Based in Asia, David will focus on engineering efforts for e1 Marine’s marine fuel cell generators and providing product support alongside the other partner companies.Previously vice president of business development at partner company, Element 1, David Lim has an impressive background in the product and business development, and production of renewable energy products including fuel cell technology such as fuel reformers, and fuel cell system products. Within this role he also provided consultative technical advice to e1 Marine’s team prior to joining.
China is set to receive close to two million barrels of Iranian oil this week and pump into a reserve base in south China, according to tanker tracker specialist Vortexa Analytics.Diona, a very large crude carrier owned by National Iranian Tanker Company (NITC), is expected to discharge the oil into an oil terminal in Zhanjiang of Guangdong province, said Emma Li, Vortexa's China analyst.This would be the third Iranian oil cargo destined for government stockpile following two similar-sized shipments in December and January.This shipment is likely to be reported by Chinese customs which is due to release detailed commodities import data for May on June 20.