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Monthly Archives: November 2017

INEOS to Ship US Ethane to China in 2019

U.K. chemicals firm INEOS said it has entered a long-term supply agreement with Singapore-based SP Chemicals to ship ethane from U.S. shale gas to China for the first time starting in 2019. “This is another world first for INEOS after importing shale gas to Europe in 2015…
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ZIM Pilots Blockchain-based Bill-of-lading

ZIM said it has successfully completed a trial run of paperless bills-of-lading based on blockchain technology. The pilot, performed in cooperation with Sparx Logistics and Wave Ltd., marks a first of its kind project led by an ocean carrier.
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The Challenge of Marine Asset Appraisal

While large shipping asset deals are often financed through the major capital markets, loans for most oilfield service marine equipment are funded with asset based lending. For such asset based lending, a domestic U.S. bank, with some exceptions…
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ABB Ability Marine Pilot Vision Unveiled

ABB has unveiled a new situational awareness solution that aims to make vessel operations safer and more efficient. The solution can be used by officers anywhere onboard a ship and marks the next step towards remotely controlled and ultimately autonomo...
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Suspected Pirates Apprehended off Somalia

Six suspected pirates were apprehended by the European Union’s antipiracy force off the coast of Somalia. EU NAVFOR Somalia’s flagship, the Italian vessel ITS Virginio Fasan, detained six crew and their vessels following reported attacks on a 52…
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Bouchard Set to Celebrate a Century

In 2018 one of the U.S. premier vessel owners – Bouchard Transportation Co., Inc. (BTC) – celebrates its 100th year in business. Maritime Reporter looks at BTC’s evolution through the years. The year 2018 is a celebration year for the Bouchard Transportation Co.…
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A Sea Change for Shipbuilding

When it comes to shipbuilding, the numbers are staggering: hundreds of millions of parts in one aircraft carrier. Billions of dollars proposed for Naval fleet development in the latest NDAA. Hundreds of thousands of private sector jobs in the U.S. alone.
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Arctic LNG Carriers Delivered: RS Class

The construction of a series of Arctic LNG carriers under the technical supervision of Russian Maritime Register of Shipping (RS) is in progress: in November “Boris Vilkitsky” and “Fedor Litke” gas carriers were delivered to the customer and the keel of a new gas carrier was laid.
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Finland’s Manga LNG Terminal Gets First Cargo

The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe…
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