Marine News Boat of the Month: June 2017
The Elastec Inlander river utility boat (RUB) is a unique concept. But, Elastec already manufactures many other response and utility craft for this market. What prompted the internal effort to create such a craft was that while on oil spill deployments with customers, Elastec personnel began to notice quite a few response organizations using “reconfigured” recreational watercraft (fishing boats) to perform tasks.
Apply Now for the MN100
The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers. Is your firm a top 100 workboat, brown water or inland enterprise? Participation is free, but to be considered you must apply before July 3 at http://mn100.maritimemagazine.com/ Contact Joe Keefe with questions at: [email protected]
Crowley Names Michel VP, Human Resources and Learning
Crowley Maritime Corp. has appointed Susan “Suz” Michel as vice president of human resources and learning, bringing all aspects of human capital management under her leadership – from talent acquisition to training and professional development to long-term employee retention. Michel joined Crowley in 2004 and most recently served as vice president of organizational development and change leadership.
Statoil, AET Expand Shuttle Tankers Contract
Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group, MISC Berhad, to operate two specialist DP2 offshore loading shuttle tankers (OLSTs) on long-term charter. These new vessels will be in addition to the two AET DP2 ships currently on charter, in the same area, for Statoil.
Baltic Index Snaps Six-day Losing Streak
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday to snap a six-day streak of losses, boosted by higher demand for panamax and smaller vessels. The overall index, which considers rates for capesize, panamax, supramax and handysize shipping vessels, climbed 11 points, or 1.3 percent, to 855 points. The capesize index shed 27 points, or 2.65 percent, to end at 993 points, its lowest level since Feb. 22.
Shipping Firms Pay $1.9 Mln for Pollution Cover-up
Two shipping companies based in Egypt and Singapore will pay $1.9 million in penalties after pleading guilty in federal court to violating the Act to Prevent Pollution…
SBM Offshore Awarded Liza FPSO Contract
SBM Offshore said it has secured contracts from ExxonMobil to construct, install, lease and operate a floating production, storage and offloading vessel (FPSO) for…
Cindy to Weaken this Morning - NHC
Tropical storm Cindy is expected to weaken while moving farther inland and become a tropical depression later Thursday morning, the U.S. National Hurricane Center (NHC) said in its latest advisory.
Volvo Ocean Race Yacht Team AkzoNobel Christened
Sailing fans flocked to a harbor in the Dutch city of The Hague yesterday to welcome team AkzoNobel’s new Volvo Ocean Race yacht, which was officially christened by the city’s Mayor.
Hamburg Süd Ugrades for Pharmaceutical Reefer Market
The transportation of pharmaceutical products in reefer equipment is subject to the particularly strict guidelines of the Good Distribution Practice (GDP) scheme.
12 Flags on Paris MOU Black List for 2016
At its 50th meeting last month, the Paris MoU Committee approved the 2016 inspection results and adopted new performance lists for flags and Recognized Organizations.
BIMCO Updates SUPPLYTIME for Offshore Charters
Now in its fourth edition, BIMCO’s best-selling contract has been updated to reflect contemporary shipping practice and legal developments in the offshore sector.
AUSINDEX Strengthens Ties Between Aus, Indian Navies
HMAS Newcastle’s capabilities proved invaluable during a complex warfare scenario involving Indian Navy Ships Shivalik and Kamorta during the Australia-India Exercise…
Kenya Maritime Technology Centre Holds First Workshop
The newly established GMN project on maritime technology cooperation, run by IMO and funded by the European Union, has held its first ever national workshop in Mombasa, Kenya (19-20 June).
DNV GL, Goldwind in Wind Power Pact
Goldwind International and DNV GL has signed a Memorandum of Understanding (MoU) for optimizing offshore and onshore wind projects. DNV GL to be preferred independent…
Looking Beyond Maritime Security
Economic stability and sustainable development can be driven by an integrated approach to the maritime sector, including ports, maritime security and facilitation of maritime traffic.
US-flag Great Lakes Shipping Steady in May
U.S.-flag Great Lakes freighters (lakers) moved 9.5 million tons of cargo in May, a virtual repeat of a year ago, the Lake Carriers’ Association (LCA) reported. The float totaled 9,496,663 tons this May and 9,473,709 tons a year ago. This May’s shipments were, however, down 5 percent from the month’s long-term average. Iron ore cargos for steelmakers totaled 4.9 million tons, an increase of 4 percent compared to a year ago. Coal loadings were little changed in May.
Golar, Delfin to Jointly Develop US FLNG Project
A joint development agreement between Delfin Midstream and Golar LNG Limited will see the two jointly develop the Delfin LNG project off the coast of Cameron Parish, La.
Oil at 10-month Low after Biggest First Half Slide in 20 Years
Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing U.S. production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut. U.S. crude futures settled at $42.53, down 98 cents or 2.3 percent, after touching a low of $42.13, the lowest intraday level since August 2016. Since peaking in late February, crude has dropped more than 20 percent, with only brief rallies.
Dredging: Digging Deep for a 'WIIN'
In the waning days of 2016, the outlook brightened dramatically for the big U.S. dredging contractors. Just before Congress dispersed for the Holidays, then-President Obama signed a pivotal piece of legislation – the Water Infrastructure Improvements for the Nation (WIIN) Act, S612. Authorized needed investment in America’s ports, channels, locks, dams, and other infrastructure that supports the maritime and waterways transportation system and provides flood protection. Authorized U.S.
