• 2016 July 26 16:34

    First-ever LNG vessel transits the expanded Panama Canal

    Today, the Panama Canal marked another milestone with the transit of the first-ever liquefied natural gas (LNG) carrier through its expanded locks, the Panama Canal Authority said in a press release.

    Shell-chartered Maran Gas Apollonia-measuring 289 meters in length and 45 meters in beam-arrived Monday from the Sabine Pass LNG Terminal on the U.S. Gulf Coast, signaling the arrival of the highly-anticipated segment to the waterway.

    The Expanded Canal can accommodate 90 percent of the world's LNG tankers, which will have a major impact on global LNG flows and offer numerous benefits to shippers.

    For example, with the United States poised to become one of the world's top LNG exporters in the next five years, the Canal will allow vessels departing the U.S. East and Gulf Coast for Asia to enjoy significant reductions in voyage times (up to 22.8 days roundtrip), making U.S. gas deliveries to major Asian importers very competitive. Vessels departing the U.S. Gulf Coast for the West Coast of South America will similarly experience generous time savings.

    In addition, LNG ships from the production plants in Trinidad and Tobago could head to Chile where LNG is regasified and distributed for energy-producing purposes. For this route, the Expanded Canal provides savings of 6.3 days in transit time compared to the Magellan Strait.
    Providing further advantage, the Canal instituted a new tolls structure to offer substantial cost savings to LNG vessels conducting roundtrip voyages. The new tolls reduce ballast fees for LNG customers who use the same vessel for a roundtrip voyage as opposed to using an alternate route, so long as the transit in ballast is made within 60 days after the laden transit was completed.

    In addition to today's LNG transit, the Expanded Panama Canal has welcomed 53 vessels since its June 26 Inauguration, including 22 liquefied petroleum (LPG) vessels, 28 containerships and two vehicle carriers. And the number of reservations that the Canal has received thus far from various types of Neopanamax vessels is more than 229, and growing by the week. This increasing demand is further evidence of the maritime industry's continued trust in the Expanded Canal and the impact it will have on the future of global maritime trade.

    The Green Connection Award has been awarded to Maran Gas Apollonia, Shell International Trading & Shipping Company in acknowledgment to their commitment to emissions reductions by using the Panama Canal route and in accordance with its contribution to the protection and conservation of the environment. By transiting the Panama Canal Green Route, Shell-chartered Maran Gas Apollonia contributes to the environment by using a shorter route, reducing CO2 emissions from the shipping industry.

    About the Panama Canal Authority
    The Panama Canal is run by an autonomous agency of the Government of Panama in charge of managing, operating and maintaining the Panama Canal. The operation of the Panama Canal Authority (ACP) is based on its organic law and the regulations approved by its Board of Directors.

    About the Panama Canal Expansion
    The Panama Canal Expansion is the largest enhancement project since the Canal's opening in 1914. Considered and analyzed for a decade with more than 100 studies, the Expansion provides the world's shippers, retailers, manufacturers and consumers with greater shipping options, better maritime service, enhanced logistics and supply-chain reliability. The Expansion included the construction of a new set of locks on the Atlantic and Pacific sides of the waterway, creating a third lane of traffic and doubling the cargo capacity of the waterway. While the Expanded locks are 70 feet wider and 18 feet deeper than those in the original Canal, they use less water due to water-savings basins that recycle 60 percent of the water used per transit. In line with its commitment to customer service, the Panama Canal will continue to provide the world with value for another century and beyond.




2017 September 22

18:04 ESL Shipping's second LNG-fueled dry cargo vessel was named Haaga
17:47 Black Sea Fleet frigate Admiral Essen returned to Sevastopol
17:22 Port of Gdansk throughput up 4% to 25.5 mln t in Jan-Aug'17
16:58 Pella Shipyard (Leningrad Region) launched the harbor tugboat of Project 04690 (graphics)
16:35 Connecting Europe Conference takes place in Tallinn
16:00 Throughput of port Kaliningrad in Jan-Aug'17 grew by 15% to 9.02mln t
15:33 Wan Hai Lines awarded “Container Shipping Line of The Year India-Far East Trade Lane” for the sixth time in seven years
15:19 Throughput of port Vyborg up 16% to 935,600 t in 8M’17
14:55 Throughput of port Vysotsk up 4% to 11.74 mln t in Jan-Aug'17
14:33 Neptun shipyard in Rostock finishes first engine room module for AIDAnova
14:20 Mooring trials of nuclear-powered icebreaker Arktika scheduled for early 2018
14:02 Polarcus awarded broadband 3D project in Asia Pacific
13:43 USCG to present Amver Awards to Dutch ship owners at Europort 2017
13:32 MOL issues "Safety, Environmental and Social Report 2017"
13:17 Throughput of port Primorsk in 8M’17 down 7% Y-o-Y to 40.12 mln t
13:02 PhilaPort container throughput up to 54,185 TEUs in August 2017
12:55 Baltiysky Zavod launches Sibir, first serial nuclear-powered icebreaker of Project 22220 (photo)
12:42 Meyer Werft to build cruise ship for Saga Cruises
12:01 Singapore will host 18th Ballast Water Management Conference on 7-8 February 2018
11:40 Throughput of port Ust-Luga up 12% to 67.54 mln t in 8M’17
10:28 Throughput of Big Port St. Petersburg up 11% to 35.26 mln t in 8M’17
10:09 Damen displays leading position in global OPV market
09:54 Brent Crude futures price up 0.16% to $56.52, Light Sweet Crude – up 0.28% to $50.69
09:35 Bunker prices are flat at the port of Saint-Petersburg, Russia (graph)
09:17 Baltic Dry Index up to 1,470 points

2017 September 21

18:01 Nuclear missile cruisers of RF Navy's Northern Fleet conducted bilateral exercise with firing
17:38 CPC has accepted three million tons of crude oil from the Russian fields on the Caspian shelf
17:10 FESCO delivered hydraulic equipment weighing over 500 tons to the Krasnoyarsk power plant
16:43 Ukraine’s water transport carried 0.4 mln passengers in Jan-Aug'17, up 40.2%, Y-o-Y
16:19 Vympel Shipyard dispatched two fast patrol boats of Project 12150, Mangust, to Sakhalin (photo)
16:02 Rolls-Royce and Inmarsat sign ship energy management agreement
15:26 MABUX: Global bunker market turns in the rebalancing direction
15:24 Cargo transportation by Ukraine’s water transport down 11.4% to 3.6 mln t in 8M’17
15:02 Wärtsilä marine gear boxes to be produced by Siemens
14:41 Black Fleet frigate Admiral Essen returns to Sevastopol from Mediterranean
14:02 Finnlines to lengthen four of its "Breeze series" vessels
13:50 Photo release “IAA PortNews at the NEVA 2017”
13:17 Sovcomflot CEO Sergey Frank meets IMO Secretary-General Kitack Lim
13:02 Aker Solutions wins Troll FEED contract with EPCI option from Statoil
12:31 RF Navy’s Northern Fleet takes part in combined-arms exercise in the Barents Sea
12:08 Dorian LPG selects ABS to evaluate LPG as fuel and other 2020 compliance options
11:39 Fuel oil prices are still high at the Far East ports of Russia (graph)
11:08 ZIM marks the 3 millionth container carried through DaChan Bay Terminals
10:47 IMO conducted table-top exercise on maritime security in Lima, Peru
10:29 Brent Crude futures price down 0.23% to $56.16, Light Sweet Crude – down 0.12% to $50.63
10:08 MAN Diesel & Turbo concludes dual-fuel ‘Wes Amelie’ LNG conversion project
09:50 Port of Gdansk to cooperate with new foreign partners - Ukraine and Qatar
09:32 Baltic Dry Index up to 1,449 points
09:17 NCSP volumes for 8M 2017 totaled 97 million tons
09:08 Royal IHC launches NMDC’s first custom-built TSHD
08:28 Berth rehabilitation continues apace at APM Terminals at the Port of New York and New Jersey
08:02 Samsung Heavy Industries showcases in-house glycol LNG regasification system to shipowners
07:57 Wärtsilä tests its automatic wireless induction charging system on a hybrid powered coastal ferry

2017 September 20

18:04 IMO talks Polar matters in Russia
17:49 Uniper and Pavilion Gas sign LNG deal providing access to their assets in respective home markets
17:32 Seaspan accepts delivery of 11000 TEU SAVER containership
17:22 Songa Bulk ASA announces acquisition of Kamsarmax bulk carrier
17:17 Digital Ship returns to Singapore on 4 October with a focus on investigating maritime’s digital future
16:55 Damen to open service hub in Russian Black Sea port
16:48 Almaz Shipyard hosts flag hoising ceremeny for patrol ship Predanny of Project 22460