Wednesday, November 26, 2014
   
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MOL to Pioneer Arctic Route for LNG

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Northeast PassageMitsui OSK Lines will begin shipping liquefied natural gas through the Arctic Ocean in 2018 — making it the first company in the world to tap the sea as a regular transit route.

Using icebreakers and tankers, the company plans to deliver LNG shipments to Europe and Asia from a gas plant to be built on the Yamal Peninsula in northern Russia, where gas producer Novatek is engaged in a joint LNG venture.

Read more: MOL to Pioneer Arctic Route for LNG

   

Australian Mining Giant Eyes Four More

Yangzijiang ShipbuildingLast month we reported Fortescue Metals Group’s order for four very large ore carriers valued at $275m.

Read more: Australian Mining Giant Eyes Four More

   

China Cosco Invests $176m in Six Panamax Bulkers

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CoscoChina Cosco Holdings has entered into agreements to construct and buy a total of six dry bulk carriers at a cost of $175.62m as part of a fl eet upgrading plan.

Read more: China Cosco Invests $176m in Six Panamax Bulkers

   

Royal Caribbean to Build Cruise Berth in Taiwan

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Oasis of the SeasRoyal Caribbean International has signed a memorandum of understanding with Taiwan International Ports Co (TIPC) to invest NT$1bn ($33.3m) in building a pier in outlying Penghu County to accommodate the cruise company’s vessels.

Read more: Royal Caribbean to Build Cruise Berth in Taiwan

   

Hyundai Glovis orders four vehicle carriers

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Glovis ChallengeThe Seoul-listed logistics unit of car maker Hyundai Motor, Hyundai Glovis, has ordered four 7,400 ceu vehicle carriers for nearly Won305bn ($298m) to expand its fleet.

Read more: Hyundai Glovis orders four vehicle carriers

   

Australia Looks to European Yards for New Icebreaker

Aurora AustralisThe Australian Federal Government has shortlisted two European yards to build a replacement for the Australian Antarctic Division’s icebreaker Aurora Australis.

Read more: Australia Looks to European Yards for New Icebreaker

   

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Langness Lighthouse on the Isle of Man was established in 1880 and was a manned lighthouse until being automated in 1996. The stars of Orion’s Belt can be clearly seen. The brightest object is actually the planet Jupiter. The dark skies on the Isle of Man make it an ideal location for admiring the celestial wonders (Ron Strathdee www.digitalmanphotography.com)