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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.


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


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.


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


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.


Drydocks World Allies with Ship Management Company

Drydocks World announced that an Alliance Agreement has been signed with EXMAR Shipmanagement Drydocks World, whose business is in ship repair, conversion and new building, has announced that it has signed an Alliance Agreement  with EXMAR Shipmanagement, a company that offers high-end ship management services to the maritime industry. The two companies hope to strengthen their relationship on the basis of the new Alliance Agreement


High-Tech Hull Coating Receives NYSERDA Funding

Greenfield Manufacturing Inc., a Saratoga Springs chemical manufacturing company, has received New York State Energy Research and Development Authority (NYSERDA) funding of $183,000 to help commercialize and deploy a high-tech hull coating that can improve boat engine efficiency by reducing friction.   HullSpeed High Performance Coatings, a division of Greenfield, produces eco-friendly alternatives to current marine paints and coatings that can be environmentally harmful


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


WaPo: Two German CEOs Launching Own Mediterranean Rescue

 A young boy surrounded by adults after being rescued in June 2014 from a boat on the Mediterranean Sea. Photo: UNHCR/A. D’Amato

  The Washington Post has a story today about two German men who are launching their own rescue mission to save migrants crossing the Mediterranean.   Harald Höppner and Matthias Kuhnt are two CEOs of a mid-size company in eastern Germany


A Better Charter Market in 2016?

Pic: Hanjin Shipping Ltd

 Shipowners that charter out container ships to liner operators are hopeful that 2016 will bring increased demand and higher charter rates for containerships, JoC reports.    Sentiment is changing in container shipping where, for the first time in five years


Royal Caribbean Sets to Sail to Tianjin

Ovation of the Seas, the third Quantum-class ship (Royal Caribbean International)

 Royal Caribbean International will deploy yet another big ship in China, with the 4,180-passenger Ovation of the Seas joining Quantum of the Seas in the Far East.   The Miami-based cruise company takes delivery of Ovation in April 2016 and it will head straight to China rather than


Mexico Unveils National Strategy ahead of Paris Climate Talks

image for climate change

  Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan the United Nations ahead of a key climate summit in Paris in December. Mexico's Foreign and Environment Ministries presented the


China Strengthens Maritime Ties with Pak

Image: Chinese Peoples Liberation Army (PLAN)

 The Vice Chairman of China's Central Military Commission General Fan Changlong has pledged to deepen maritime security and military technology cooperation during his meeting with the Pakistan Navy Chief Muhammad Zakaullah.   Zakaullah said that Pakistan Navy and Chinese Navy are


Front Street Unveils New Line of Sailing Yachts

Deisgn provided by Front Street Shipyard

 The US builders Front Street Shipyard’s in-house design team is collaborating with yacht designer Bill Tripp to develop a new line of modern sloops that are now available for construction.   The shipyard said the line includes 84-foot


Getting Onboard the Regulatory Train

Joseph Keefe is the lead commentator of  MaritimeProfessional.com.

Rail transport activists, analysts and environmentalists get a real taste of what the waterfront has endured for decades. They’ll just have to get in line with the rest of us.   This week finds the collective domestic oil industry wringing its hands about the latest in a series of


Virtual Aids to Navigation Mark Research Equipment

Photo: CGG

Vesper Marine will provide its Virtual Aid to Navigation technology to the French company CGG, a  geoscience company that provides geological and geophysical survey and analysis primarily to the oil and gas industry.  In its ongoing quest to map the ocean’s floors


Brazil to Lease 29 Ports to Private Companies

  A plan to attract private investment to Brazil's strained port infrastructure is even more important in the face of federal budget cuts that will curb public investment, Brazilian Ports Minister Edinho Araújo said in an interview.  


French Coast Braced for Giant Tide

Photo by France’s National Hydrographic Service

  Towns on France's North Atlantic coast braced for their first giant tide of the millennium on Saturday as the full moon and this week's solar eclipse combined to create an ocean surge not seen since 1997. At the picturesque Mont Saint Michel island where some of the biggest tides in the


Multinational Maritime Security Exercise in In Langkawi

Image: Langkawi International Maritime and Aerospace

 Ten countries jointed together with its naval forces in Langkawi, Malaysia, to begin a two-day Multinational Maritime Security Exercise, says a report in Bernama.   A total of 19 naval vessels of various classes are being used by the forces of Brunei Darussalam, India, Indonesia


China Criticizes US over Maritime Patrol Proposal in South China Sea

Vice Adm. Robert Thomas, commander of U.S. 7th Fleet: US Navy Photo

 China asked the United States to take no position on the South China Sea issue after US Navy Officer Robert Thomas promised to back the Association of Southeast Asian Nations (ASEAN) in patrolling areas of the waterway.   "We hope the United States will strictly honor its


U.S. Coast Guard Clears Great Lakes Shipping Channels

USCGC Bristol Bay: The U.S. Coast Guard

 The US Coast Guard began to prepare for the upcoming shipping season this week, with ice breaking operations on the Great Lakes, says a report in AP.   The U.S. Coast Guard's 140-foot icebreaking cutter Bristol Bay broke up ice that remains on some Great Lakes shipping channels in the


NOAA to Boost Arctic Nautical Charting

NOAA officers aboard one of the smaller survey vessels contemplate the vastness of the Chukchi Sea during the NOAA Ship Fairweathers reconnaissance survey in 2013. (Credit: NOAA)

NOAA plans increased 2015 Arctic nautical charting operations, coordinating with U.S. Coast Guard for safe shipping route from Unimark Pass through Bering Strait    As commercial shipping traffic increases in the Arctic, NOAA informs it is taking steps to update nautical charts in the


SGMF Interviews Members from Dixon Valve & Coupling

SGMF membership - uncovered: an interview with Sean Andersen and Tony Haston of Dixon Valve & Coupling   The Society for Gas and Marine Fuel (SGMF) recently interviewed members with Sean Andersen and Tony Haston of Dixon Valve & Coupling, who weighed in on their company, its products






 
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