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HIGH HOPES

NSA: Cuts Coming for Offshore

The Norwegian Shipowners' Association (NSA) had high hopes of maintaining status quo while the White Paper on shipping policy was still pending. These hopes were not met in the Government's proposal for a National Budget, put forward last week, according to NSA. The net-wage scheme for ferries is to continue, but cuts are proposed for offshore vesssels. According to NSA, there are no proposals affecting the tax regime for shipowning companies or owners in the National Budget. NSA contends that Norway is still out of sync with the rest of Europe, and the maritime industry in Norway has growing expectations for this to be righted in the forthcoming White Paper, says Marianne Lie, Director General of The Norwegian Shipowners' Association. The Government announced a full evaluation of the tax system this fall. NSA calls on the Parliament to hold on to the agreement that was reached for the seafarers three months ago. It is clearly a need to determine a long-term policy for seafarers in connection with the ongoing development of a White Paper on shipping policy, which is due in the spring 2004, says Lie. In relation to economic support for using Norwegian seafarers, NSA was hoping the Government would continue supporting this in the Budget. However, according to NSA, the Government proposes to abolish the net wage system for seafarers on shuttle tankers and offshore vessels that was introduced on 1 July 2003, and instead introduce a 19 percent refund scheme


Jurong Shares Surge on Newbuilding Order

Jurong Shipyard shares reportedly surged more than eight percent, or Singapore $0.60, to a year high of S$8.10 morning on hopes that the yard had won a multi-million dollar new building order.


Remembering Bob Hope

The Department of Defense issued a statement memorializing Bob Hope, the legendary comic who was well known for entertaining many audiences laugh and for entertaining troops through the ages. Today, we mourn the loss of a true American patriot. The first and only American ever to be made an honorary Veteran of America s Armed Forces, Bob Hope holds a special place in the national security pantheon. He called the troops his "best


Hyundai Heavy Wins Record Orders in Feb.

Hyundai Heavy Industries has set a new record in the global shipbuilding history by winning $5.7b in orders in February, the highest figure ever for a single month. The Korean shipbuilding giant said Sunday that it won $5.7 billion in orders for 25 ships last month, including a $1.6 billion contract with the French energy corporation Total for a floating production, storage and offloading vessel (FPSO). The February orders also include a deal for a $660 million deep-sea oil and gas


Wave Power Generation – US Navy Hawaiian Project

Wave power site visited by NAVFAC: Photo credit USN

Navy eyes Kaneohe wave power testing expansion The Navy hopes to expand its testing for ocean wave energy power generation in Hawaii, having been testing an energy buoy in about 100 feet of water off Marine Corps Base Hawaii in Kaneohe Bay for about 10 years. The Navy now hopes to put two more buoys in water more than 200 feet deep, and the greater depth will allow it to test larger devices closer to the size it needed to generate energy for customers.


SIA to Honor Honeywell's Gordon Hope

Gordon Hope: Photo SIA

The Security Industry Association (SIA) says it has chosen Gordon Hope, general manager of Honeywell's AlarmNet communications network, as the 2014 recipient of the George R. Lippert Memorial Award. Hope, who celebrates 25 years with Honeywell this year, joined the company in 1989 when it was Ademco. He began in marketing, with responsibilities including the control panel family. Over time, he added responsibilities, ultimately becoming director of marketing and then vice president of


Canadian Shipbuilding Effort Hits Stormy Sea

The future of a government program to revive western Canadian shipbuilding remains clouded after investigators released a damning report about cost overruns and bureaucratic bungling. The directors of the B.C. Ferries Corp. resigned after auditors alleged the cost of designing and building a new type of high-speed catamaran ferry had risen from the originally planned $137.9 million to approximately $288.9 million. The report was the latest bad news to buffet the Pacificat fast ferry project


Coast Guard Extends LeConte Operating Deadline

The U.S. Coast Guard has extended the deadline for the M/V LeConte to resolve crewing issues until April 4, which will allow the ship to continue serving the outlying villages of the northern Panhandle during the popular Gold Medal basketball tournament. The Coast Guard had issued an “835 directive” to the LeConte to not allow any crewmember to work longer than 12 hours in a 24-hour period. The LeConte was previously given until March 31 to comply.


UK O&G to Address Decommissioning Issues

The UK oil and gas industry will be looking for a firm step towards resolving the fiscal uncertainty surrounding North Sea decommissioning when Chancellor George Osborne delivers his 2012 Budget on March 21, according to business advisory firm Deloitte. Over the next decade, the UK Continental Shelf (UKCS) can expect to see a number of fields and installations cease production and commence decommissioning, potentially leading to the loss of critical infrastructure.


Gibdock Opens Doors to Royal Visitor

Gibdock HRH visitweb.jpg

As part of a three day Royal tour of Gibraltar in June, HRH The Prince Edward, Earl of Wessex set time aside to inspect work under way at Gibdock, the territory’s strategically located repair and conversion yard. Accompanied by Gibraltar Governor, Sir Adrian Johns and Gibraltar Chief Minister, Fabian Picardo, the Earl was welcomed by the Minister for the Port, Neil Costa, Gibdock Chief Executive, Joe Corvelli, Commercial Director, Richard Beards, Finance Director, Paul Singleton


APM Completes $2m Refit Ahead of Schedule

Crystal Symphony

Atlantic Pacific Marine has completed the $2 million refit of the Crystal Symphony three days ahead of schedule. A team of 130 men worked around the clock while she was drydocked in Hamburg during September. APM’s work scope included installing new ducting and GF pipework


Key to Somalia's Recovery

DP World Group CEO Mohammed Sharaf

  Piracy, terrorism and criminal activities originating in Somalia can only be addressed by creating a climate of security, engagement and empowerment that will encourage home grown businesses, international investment and alternative employment for Somalia’s young people.


Pink Lashings Raise Money for Breast Cancer Research

Photo: Peters & May

As the first Peters & May Pink Lashings shipment leaves Palma for Fort Lauderdale, the global marine transport company is calling all yacht owners to support its campaign to help raise £25,000 for the charity, Breast Cancer Clinical Trials (BCCT). 


Total Names Refining Boss to Replace de Margerie

Patrick Pouyanne (Photo: Total)

French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week. Pouyanne, 51, head of refining, had been considered as possible candidate to succeed de Margerie in the past and has a


Intercargo Appoints New Secretary General

David Tongue

Intercargo has appointed David Tongue as its new Secretary General.   Mr. Tongue, took up the role on 8 October, following confirmation of the appointment by Intercargo’s Executive Committee which met in London on 7 October. Mr. Tongue brings with him a wealth of maritime experience


Sea Level Rise ‘Worst Case Scenario’

Surge picture from November 9, 2007 (Image courtesy of NOC)

A paper published this week in Environmental Research Letters by NOC scientist Dr. Svetlana Jevrejeva provides new information about the probability of a sea-level rise reaching of 180cm by 2100. In this study Dr. Jevrejeva and colleagues explore the range of possible sea level rise by 2100


Volvo Ocean Race: Leg 1 Preview

©Volvo Ocean Race

B&G, official supplier to The Volvo Ocean Race, has teamed up with journalist and author Mark Chisnell to create a series of weekly blogs providing behind the scenes insights into the race’s tactics and results. Starting with a preview of the first leg of the Volvo Ocean Race 2014-15


Lundin Petroleum Hits More Oil, Shares Surge

Norwegian Arctic discovery could be game changer; Lundin Petroleum shares rise 7 percent. Noreco, Det Norske shares also rise on news. Swedish oil firm Lundin Petroleum has made a big oil and gas discovery in the Norwegian Arctic, sending its shares more than 7 percent higher and raising hopes


ICS: Oil Pollution Compensation Regime under Threat

Peter Hinchliffe (Photo: ICS)

The running of the global regime for compensation from oil pollution from ships may be under threat, due to a decision by governments to wind up the 1971 International Oil Pollution Compensation Fund (IOPCF), says the International Chamber of Shipping (ICS)


Turkey Ratifies Ballast Water Convention

Abdurrahman Bilgiç (left) with Koji Sekimizu (Photo: IMO)

​​Turkey today, October 14, ratified the Ballast Water Management (BWM) Convention 2004, bringing the number of Contracting States to 43 countries, representing approximately 32.54% of world merchant shipping tonnage. 35% of global tonnage will trigger entry into force of the Convention


New York Man Rows to Cuba

Lt. Carlos Paredes of Dominican Republic Navy welcomes Victor Mooney of Queens, New York to Ocean World Marina in Puerta Plata last week. Mooney has rowed from the coast of Africa and will end his journey in New York City. The rower is honoring his brother who died of AIDS and to promote voluntary HIV testing.

Campaign launched to raise funds for a new set of rowing oars Victor Mooney, of Queens, New York and his Brazilian built rowboat, The Spirit of Malabo, are about eight hundred miles from Miami. He must first get through Cuba. Mooney began his transatlantic row on February


Floating Storage at Sea Stalls Despite Falling Oil Prices

Falling oil prices still to attract large scale storage at sea Oil tanker rates gaining ground after years in doldrums Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for now


New Guidance Assists Mining and Metals Companies

orescon-marine--1319.jpg

ICMM’s latest guidance document will assist mining and metals companies in meeting the demands of new marine transport regulations. In this guidance ICMM sets out the approach that leading mining and metals commodity associations have developed in collaboration with scientific experts


BG Group wins EXXON LNG Cargo

ExxonMobil's Papua New Guinea liquefied natural gas (LNG) export project has awarded a November cargo to BG Group as part of a two-cargo tender that closed this week, two traders said. The tender award has not been officially announced yet


Weathernews Opens Manila Operations Center

Weathernews’ Manila Operation Center in Makati

Filipino marine professionals employed to meet demand for service from the shipping industry Weathernews Inc. announced it has established a new operations center in the Philippines in response to the shipping industry’s demand for the company’s risk communication services






 
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