Wärtsilä marks LNGPac sales milestone
MAY 22, 2018 — Wärtsilä has booked the 100th order for its LNGPac fuel gas supply system. It is for the LNGPac systems for two new shuttle tankers being built for Singapore
Search Results for: "AET" not for me
Test shows WinGD X-DF can burn natural gas and VOC fuel mix
MARCH 29, 2018 — WinGD and Wärtsilä Gas Systems have successfully tested a NG-VOC (Natural Gas – Volatile Organic Compounds) fuel mix for the WinGD X-DF engine, selected to power two 125,000
Propeller Club convention eyes the future
OCTOBER 27, 2017 — Commandant of the Coast Guard Adm. Paul Zukunft, Maritime Administrator Mark Buzby, and Federal Maritime Commissioner William Doyle were each keynote speakers at the 91st Annual International Propeller
VIDEO: Dual fuel first as ferry conversion plan moves ahead
MARCH 6, 2017 — A plan by Spain’s Fred. Olsen S.A. to convert all four engines of its 96 m Incat wavepiercer Bencomo Express to dual fuel LNG operation has passed a
Court tells France to pay damages to Somali pirates
DECEMBER 5, 2014 — The European Court of Human Rights yesterday ruled that nine Somali pirates apprehended by French forces should get thousands of euros because they were not immediately brought before
Celebrating a milestone: EBDG marks 25th anniversary
MAY 17, 2013—Twenty-five years ago a group of employees from Nickum and Spaulding Associates (N&SA) decided to buy the company’s assets and launch what would become one of the most well known
Ugland newbuild PSV to have innovative propulsion system
AUGUST 1, 2012 — A SALT 100 design PSV building at the Kleven Verft shipyard in Ulsteinvik, Norway, is to have a breakthrough propulsion system by Scana Industrier subsidiary Scana Propulsion. As
Cruising: New Ships and New Thinking
Now there are signs that new players are eyeing the market.
One is Trondheim, Norway, entrepreneur Olav Norum. He is putting together a venture called Project Vision Quest that intends to target the U.S. market for conferences at sea with three 273 m long, 70,000 gt , 1,200 passenger ships developed in cooperation with Aker Finnyards Technology. The price tag of each ship would be around Euros 390 million (about $510 million). Plans are for the first ship to be delivered in 2007.
Facilities aboard each ship would include conference seating for 1,300 people, with some 3,500 square meter of convertible exhibition/conference space.
So if Norum builds these ships, will people come? Vision Quest only needs to capture a tiny percentage of the U.S. conference market in order to fill the ships. In the past the issue of U.S. tax deductibility of conference expenses aboard foreign ships has been one argument used in favor of building U.S.-flag cruise ships. Norum says he is aware of the issue, but that the much lower cost of staging an event on board an internationally flagged vessel would more than offset the tax savings in question.