MORGAN CITY, Louisiana. Conrad Shipyard is pleased to announce that it has been awarded a contract by the Puerto Rico Maritime Transit Authority (PRMTA) for the construction of 4 cargo and passenger ferry vessels. The ferries, designed to carry 300 passengers and 300 short tons of cargo, will operate between the Municipality of Ceiba and the Municipality Islands of Vieques…
Mariveles, Bataan – On Friday, January 26, 2024, Herma Group Chairman and CEO Herminio S. Esguerra christened a brand new 12MB tanker, M/Tkr Mayabong. Built by Herma Shipyard Inc. (HSI) – a proudly 100% Filipino-owned ship building and ship repair company under the Ship Building and Maritime Infrastructure Division (SBMID) of the Herma Group – M/Tkr Mayabong will take her…
Completion of demonstration facility to safely process surplus ammonia from ammonia-fueled vessels. Testing has begun to support the market launch of MAmmoSS® –a system package comprising an ammonia fuel supply system and peripheral equipment. Ammonia Gas Abatement System (AGAS) demonstration facility Mitsubishi Shipbuilding Co. Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently developing the Mitsubishi Ammonia Supply…
New, Value Added, Eco-Friendly Ships. Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s exports rose 11.9% year on year. The Korean shipbuilding industry secured four years’ worth of work through the end of the first half of this year. This is the largest order backlog in 12 years….
The latest Aframax/LRII design, named Aquilo, represents a significant leap in overall performance by integrating state-of-the-art hull design with WindWings®️ technology. Recognizing uncovered potential in both existing ships and new builds, the collaboration focused on rethinking the concept design while optimizing hull and propulsion for substantial wind assistance. The design ensures aerodynamic optimization through the positioning of the four WindWings®️…
In the Supply/demand balance For crude tankers, BIMCO forecasts the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing distances, create the foundation for the improvement despite a slowing of growth in oil demand. The product tanker supply/demand balance is also expected to tighten in 2024 but weaken in 2025. Like the…
THE PHILIPPINES should build a self-reliant coastal defense system and support local shipbuilders if it wants to become a maritime hub, experts and a local shipbuilder said. “Maritime security is a necessary condition for developing the Philippines as a maritime hub,” said George N. Manzano, a trade expert from the University of Asia and the Pacific. “If there are dangers…
During the first 8 months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tons (DWT). The last time more than 10 million DWT were contracted from January to August was in 2013. Newbuild tanker contracting activity during the past 5 years has been low at about 5.46 million DWT per…
Roadmaps are very important in setting the direction of every organization. But what is a roadmap? Austin (2013) defines a roadmap as a document that establishes a plan for accomplishing a particular strategic goal and describes why the goal is in place. The basic road map includes a charter, strategy and an assessment tool. Some people believe that roadmaps or…
According to the latest report by Lloyd’s Register –GLOBAL MARITIME TRENDS 2050– the triple planetary crisis, characterized by climate change such as nature, biodiversity loss, and pollution, will be the defining challenge that shapes the decades ahead. In particular, the report which is authored by ECONOMIST IMPACT is part of a new joint multi-year Global Maritime Trends program between Lloyd’s Register…
In a recently published report in June 2023, the World Maritime University studies and presents 10 trends influencing global commercial shipping. According to the Transport 2040 – Impact of Technology on Seafarers – The Future of Work Report, identifying global trends within the maritime industry is critically important since such knowledge helps stakeholders select trend relevant technologies. A Road Map…
The theme of the event was “NAVSOCOM @67: Leading Innovations, Sustaining Excellence, Forging a Legacy.” Flag Officer in Command of the Philippine Navy, VADM TORIBIO D ADACI JR PN, and the NAVSOCOM Commander, COMMO DWIGHT STEVEN M DULNOAN PN received the President after a sideboys honor was rendered to him, which was followed by a guestbook signing, before escorting him…
In a momentous event, Naval Special Operations Command inaugurated its state-of-the-art Recompression Chamber and Mess Hall. The event also featured the Convening Ceremony of Basic Naval Explosive Ordnance Disposal Class 21 (BNEOD CL-21) at NAVSOCOM headquarters, NBHA, Sangley Point, Cavite City on Monday, February 12. Warmly received by Commander NAVSOCOM, COMMO DWIGHT STEVEN M DULNOAN PN, distinguished guests, including VADM…
INTRODUCTION Since the 90’s, two of the six claimant countries in the disputed Spratly Group of Islands possessed submarines in their respective fleets. After the year 2000, this would change with the arrival of the French-built Scorpene and the Russian Kilo Class Submarines in the Royal Malaysian Navy (RMN) and the Vietnam Peoples Navy (VPN) in 2014. Things are about…
INTRODUCTION. Coordinating the tasks of running a ship at the Age of Sail was complex, and sea battles threatened the lives of all on board, which required strict discipline to survive. The sea is a hazardous place, and death awaits. Every detail of shipboard life revolves around absolute obedience. The navy captain’s power was indeed immense. To stoop and receive…