Aulong to Build Bunker Saving Ferry for Chinese Operator
Aulong won the contract to build the high speed and fuel efficient aluminium ferry for Blue Sea Jet.
Aulong won a contract to build a high speed and fuel efficient aluminium ferry for Blue Sea Jet.
Austal Limited (Austal) Thursday announced that Aulong Shipbuilding Co. Ltd (Aulong) has won a contract to build a high speed and fuel efficient aluminium ferry for Chinese operator Blue Sea Jet.
Aulong, a joint venture between Austal and Guandong Jianglong Shipbuilding (Jianglong Shipbuilding), is said to have been awarded the AUD10 million ($7.6 million) contract to both design and build the ferry.
Austal says the 42 metre long vessel will be based on Austal's performance optimising and fuel efficient design, and will have a 288 passenger capacity.
"To win our first vessel to be built in China within weeks of setting up the joint venture is a great testament to Austal and our joint venture partner, Jianglong Shipbuilding," said David Singleton, Austal's CEO.
Austel says the 42 metre long vessel will be based on Austal's performance optimising and fuel efficient design
"This is another export win for an Australian designed vessel in a competitive market and clearly validates both the joint venture and the decision to build in China."
Upon delivery, the vessel is expected to be employed on the Zhuhai to Hong Kong route.
Skangas duel fuel LNG carrier Coral Energy (image credit/Skangas)
Liquified natural gas (LNG) bunker tanker Coralius has made its first trip loading and delivering LNG to and from Norwegian ports, according to trade press reports.
The 5,800 cubic meter capacity tanker, which is owned by Norwegian gas company Skangas, was delivered to the company in June. Skangas also operates LNG carrier Coral Energy.
OPEC Cutback Extension to be Discussed in November, But Developments Could Render Any Deal Meaningless
Analysts say everything from Saudi exploration to rising tensions with North Korea could radically alter the dynamics of the international market. File Image / Pixabay
Ever since the Organization of the Petroleum Exporting Countries (OPEC) extended the duration of its production cuts earlier this year to March of 2018, speculation has been rampant that the meager cutback volume coupled with the large number of members