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First LNG Ship-to-Ship Bunkering For Shell
Royal Dutch Shell has performed its first ship-to-ship bunkering of LNG fuel. Cardissa, a specialized LNG bunker vessel, fueled the Sovcomflot vessel Gagarin Prospect, the world’s first LNG-powered Aframax tanker, in the Port of Rotterdam.
It was the first operation under the 2017 LNG fuel supply agreement between Shell and Sovcomflot.
“This exciting first for the Cardissa is a tangible example of Shell driving LNG as a cleaner burning and viable fuel for the shipping industry. It is highly appropriate that we celebrate this first with Sovcomflot and their first LNG powered tanker, which we also happen to charter,” Grahaeme Henderson, Shell Vice President of Shipping and Maritime, said.
Hueneme Port Is to Get Greener
US Hueneme port was granted USD 3 million by The California Air Resources Board (CARB) to fund its zero emission energy project. It's going to be completely new ship to shore equipment, which will be funded by ZANZEFF (Zero- and Near Zero- Emission Freight Facilities). Moreover, the terminal will get 2 brand new electric yard trucks and revision of infrastructure for handling equipment feasible on-dock.
Local port's authorities will spend USD 200 000, which will make it in total USD 3.2 million to upgrade the port.
Higher Income For Carnival Corp
Miami-based cruise company Carnival Corporation & plc has reported record Q3 revenues and earnings.
Their net income rose from USD 1.3 billion to USD 1.7 billion, while the revenues stood at USD 5.8 billion (USD 5.5 billion in the previous year).
Based on these results, the company expects an increase in net revenue of 3.5 percent for the full year of 2018.
“Strong execution delivered the highest quarterly performance in our company’s history, overcoming fuel and currency headwinds,” Arnold Donald, Carnival President and CEO, said. "We are on track to achieve double digit return on invested capital in 2018 as we deliver upon our strategy to create demand in excess of measured capacity growth, all while containing costs and leveraging our industry leading scale."
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