Maritime Vessels Directory

German propulsion firm Schottel has secured an order to deliver a total of ten rudder propellers and two transverse thrusters for five tugs that will serve the LNG carriers stopping at an LNG export facility in Canada.Schottel's equipment will be installed on two LNG-fuelled escort tugs, as well as in three battery-powered harbor tugs. Ordered by Canadian HaiSea Marine, a partnership between the Haisla Nation and Seaspan ULC, the vessels will provide ship assist and towing services to LNG carriers stopping at a new LNG export facility in Kitimat, British Columbia. All five tugs are scheduled to enter service in 2023.

Borealis Finance Sells 10 Container Ships for $203,5M

14 hours ago

Oslo-listed Borealis Finance said Thursday it had sold 10 container ships for $203,550,000 in total and that it had informed Nordic Trustee it would prepay $188,000,000 outstanding under its Bond Issue.The company did not say who the buyers were but said the vessels were on Thursday delivered to new owners. It is possible that the buyer is Global Ship Lease, as Borealis in June said it had agreed to sell twelve container vessels to Global Ship Lease, Inc. for a total consideration of $233.89 million.

Metal Shark Delivers Next-gen Fireboat to Orange Beach Fire Rescue

14 hours ago

Shipbuilder Metal Shark has introduced the 38 Defiant NXT, described as a next-generation welded aluminum monohull pilothouse model based on the company’s 38 Defiant platform. The first new vessel, “Fire Boat 2,” has been delivered to Orange Beach Fire Rescue in Alabama.Since 2011, Metal Shark has delivered over 100 legacy model 38 Defiant vessels, in a wide range of configurations to fire departments, law enforcement agencies, the US Coast Guard and Navy, and multiple foreign militaries worldwide."The new 38 Defiant NXT utilizes the same proven hull form but with an entirely new topsides arrangement designed by Metal Shark’s in-house engineering team," Metal Shark said Thursday.

Singapore LNG Wants to Extract Chemicals from LNG

15 hours ago

Singapore LNG Corp, operator of the city-state's liquefied natural gas (LNG) terminal, is designing a new facility to extract chemicals from the super-chilled fuel, in a project that could help boost the island's energy security.The company said on Wednesday it is working with Keppel Infrastructure through its wholly-owned subsidiary Keppel Energy and another industry partner on front-end engineering and design (FEED) for a natural gas liquids extraction facility at the terminal in Jurong Island, located in western Singapore.

WER: Near-term Outlook for Floating Production Systems 'Very Positive'

15 hours ago

The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive. This is the conclusion of the in-depth market analysis in the July 2021 Floating Production Systems Report - a go-to database for all things FPSO/FPU - just released by International Maritime Associates/World Energy Reports (IMA/WER).Asked what is driving the positive sentiment, WER’s Chairman Jim McCaul explains that, “crude inventory has continued to fall as oil demand rebounds and OPEC+ oil producers restrain supply.

Maritime Reporter and Engineering News (June 2021)

USCG Fleet Modernization Annual