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American Hellenic Hull (AHH), a new company established last year in Cyprus, plans to order 4,000 vessels in the next 3-4 years. Its Chief Executive, Ilias Tsakiris, said that the company had an indicative target of insuring 4,000 vessels by 2020. The AHH already has a fleet of 1,500 vessels from 10 different countries across 3 continents. All types of vessels are included, but most are carriers and tankers.
Tsakos Energy Navigation (TEN) has taken delivery of its new Aframax tanker Sola TS. The Sola TS is the sixth in a series of nine ships ordered from Daewoo Mangalia Heavy Industries (DHMI). TEN has three more Aframax tankers currently under construction, the Stavanger TS, the Oslo TS and the Bergen TS, which will be delivered in the second half of 2017.
A 110-foot freight barge has capsized near the Bay Bridge, San Francisco. The freight barge Vengeance contains 4,000 gallons of diesel fuel and 300 gallons of hydraulic oil. It is believed that the winds, which reached more than 40 mph during the night, caused the barge to capsize. A Coast Guard helicopter crew is scheduled to conduct an overflight and divers are scheduled to conduct an underwater assessment.
The search for the crew of 22 has lasted for two weeks. One American aircraft and two merchant ships joined the search mission on 8 April. That same day, the merchant ship Anna Maria found two life vests, but no sign of survivors. The 1993-built Stellar Daisy was on its way to China and was carrying 260,003 million tons of ore.
The Hyundai Merchant Marine (HMM) has signed a document with Daewoo Shipbuilding & Marine Engineering (DSME) on the building of 10 big carriers. Chang-keun Yoo, president of the HMM, stated: "We currently operate with 12 VLCCs, which have been foundational to stable profits. We thought this year is the right time to order new VLCCs." A final agreement with DSME will be concluded by the end of July.
The Norwegian ship tunnel project is getting closer to construction. The Norwegian government submitted the National Transport Plan 2018-2029, which proposes the planning of the ship tunnel. About 163 million euro have been earmarked for the first half of the project. The project’s full cost is projected to be about 293 million euro. The tunnel will be 1.7 kilometers long, 50 meters high and 36 meters wide. After several procedures, it will be presented to the Parliament.
The containership Maersk Genoa has collided with the freighter Dan Fighter on 4 April in the Netherlands. After the collision, the Maersk Genoa has suffered a breach above the water level. No pollution or container loss has been reported.
The Canadian company Desgagnés has accepted the order for the ship Damia Desgagnés, the world's first dual-fuel carrier, which would be its first delivery to Turkey. The Damia Desgagnés is scheduled around 10 April and will most likely first be delivered in Europe before heading to North America. The Damia Desgagnés has the Wärtsila 5RT-flex 50DF engine, developing a power output of 5,450 kW. The vessel can be powered by heavy fuel oil, marine diesel oil or liquefied natural gas.
The cargo ship Stellar Daisy sank on 31 March in the South Atlantic. When the ship departed from Uruguay, the ship's crew sent a text saying their ship was taking on water. The 266,000-ton Stella Daisy loaded with 260,000 tons of ore departed from Brazil for China on 26 March.
Siemens announced it has secured orders to supply a total of 12 gas turbines for 4 power plants in Argentina. The six SGT-A65 TR gas turbines will form the heart of two plants in the cities of Luján and Matheu, and the other six SGTs-800 are meant for two power plants in Las Palmas and San Pedro. The companies will operate the plants with the support of Siemens.

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