Teekay Corporation CEO Bjorn Moller to Retire in 2011

Hamilton, Bermuda, September 29, 2010 – Teekay Corporation (Teekay or the Company) today announced that its President and Chief Executive Officer (CEO), Bjorn Moller, has informed the Company of his intention to retire from these positions in the spring of 2011, after more than 25 years of service with the Company. Mr. Moller plans to remain…

Slow steaming a Win Win situation

Maersk recently published an article about their slow steaming activity. The major reason for the activity is related to the financial crises and not fully recovered world economy. They claim that: A ship that reduces speed by 20% will use 40% less fuel Their schedule reliability improved CO reduction of 12,5% per container where achieved It is interesting…

Hamburg Süd supporting low sluphur testing

For the second time this year, the United States Environmental Protection Agency (EPA), with the support of Hamburg Süd, has been able to generate important data on possible contaminant reductions in marine shipping. In late August 2010, Low Sulphur Marine Gas Oil (LSMGO), a fuel with a sulphur content of 0.1 per cent, was used…

Wärtsilä publishes Shipping Scenarios 2030

Wärtsilä has pioneered in the creation of the Shipping Scenarios 2030, which describe what shipping could look like in twenty years. Scenarios help companies, governments and shipping linked organisations in long-term strategic thinking in a fast changing world. The Shipping Scenario work yielded three alternative futures, which are Rough Seas, Yellow River and Open Oceans.…

GDF Suez and KOGAS in agreement for 41 cargos of LNG

GDF SUEZ and Korea Gas Corporation (Kogas), the South Korean public natural gas company, have concluded a medium term agreement for the delivery of 41 cargoes of LNG to Kogas. The delivery will start on the fourth quarter of 2010 and continue until 2013. Overall volume will reach approximately 2.5 million tons of LNG. The LNG cargoes will…

Hamworthy breaks through in China’s gas ship market

Hamworthy Gas Systems has made a major advance in China’s broadening gas carrier construction sector by securing a breakthrough contract for systems for six Liquid Ethylene Gas carriers to be built at Sinopacific Offshore & Engineering Co. Ltd (“SOE”), Nantong. The ships, six 12,000m3 capacity, 139m long semi-pressurised and refrigerated LEG carriers ordered by Luxembourg-based…

Globe Wireless launches Globe iFusion

On September 2, Globe Wireless introduced the next evolution of maritime satellite communications with the launch of an innovative integrated system, Globe iFusion. Specifically designed for IP satellite services, and launched on the Inmarsat FleetBroadband platform, Globe iFusion fully integrates shipboard satellite communications, shore-side administrative control, GSM voice and data, firewalls, and a comprehensive crew…

New Licence Agreement Signed at SMM

MAN Diesel & Turbo has signed a four-stroke license agreement with Rong An Power Machinery, the Chinese marine engine manufacturer. Dr. Stephan Timmermann, Executive Board Member MAN Diesel & Turbo, and David Deng, President Rong An, signed the new agreement on behalf of their respective companies on 7 September 2010 in a ceremony at MAN…

NYK Experiments on Air-Lubricated Hull Design

NYK (head office: Chiyoda-ku, Tokyo, Japan; president: Yasumi Kudo) and Mitsubishi Heavy Industries, Ltd. (head office: Minato-ku, Tokyo, Japan; president: Hideaki Omiya) are to begin experiments on an air-lubrication system to reduce CO2 emissions during marine transport.

Ten iphone apps for the mariner

Most people today would agree that the iphone is almost becoming a necessity (at least this is what I felt when I by accident forgot it). My guess is that it´s no different being at sea. I was looking for some interesting apps. on the subject and came across this post on another blogg. The author has made a list of ten interesting apps for your iphone if you are a mariner!

Wilhelmsen Ships Service opens in Vladivostok

Wilhelmsen Ships Service has opened its first warehouse in the Russian Federation. The warehouse is sited in Vladivostok, in the east of the country. The Vladivostok warehouse will enable the company to provide its range of products direct to customers in the far eastern region of the Russian Federation. At present the warehouse is just…

Cargotec secures orders worth EUR 80million

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 23 SEPTEMBER 2010 AT 10 AM (EEST) In August Cargotec confirmed contracts for 275 MacGregor cargo handling cranes with a total value of more than EUR 80 million. The cranes are destined for 72 ships on order at various shipyards in China and South Korea, comprising 64 bulk carriers and…