THE BIG ONE
Predicting when large earthquakes might occur may be a step closer to reality, thanks to a new study of undersea earthquakes in the eastern Pacific Ocean. The study, reported in today’s Nature, is the first to suggest that small seismic shocks or foreshocks preceding a major earthquake can be used in some cases to predict the main tremors. Scientists from the Woods Hole Oceanographic Institution (WHOI) and the University of Southern California (USC) report that some types of large undersea earthquakes may be predictable on time scales of hours or less. Earthquakes on land are generally not preceded by systematic immediate foreshocks and hence cannot be predicted as easily with the same methods. The research team, led by Jeffrey McGuire of WHOI, studied past earthquakes along five transform faults on the East Pacific Rise, where tectonic plates are spreading apart at a rate of more than ten centimeters or five inches a year. The team used data from sensors deployed by the National Oceanic and Atmospheric Administration’s Pacific Marine Environmental Laboratory that pinpointed the time and location of foreshocks and the mainshocks or larger earthquakes. "This is the first demonstration of good short-term predictability for big earthquakes," study coauthor Thomas Jordan of the USC Southern California Earthquake Center said. "Some scientists believe that earthquakes come on suddenly with no warning signs, and the big ones are therefore unpredictable
Most research ships don’t live to see their 40’s, and to approach 50 is almost unheard-of. But the Albatross IV is quite an exception to this maritime rule. Today, thanks to a recent overhaul at SENESCO’s repair facility in Quonset Point, Rhode Island, she is back at her home base in Woods Hole, Massachusetts preparing to head back out to sea for another 5-7 years of ocean exploration. The Southeastern New England Shipbuilding Corporation (SENESCO) began its a major overhaul on the
A new, bigger shipbuilder was unveiled in Dalian recently, as part of the restructuring of the city's shipbuilding industry, ShanghaiDaily.com reported. Dalian Shipbuilding Industry Co was formed by the merger of Dalian Shipyard Co and Dalian New Shipbuilding Heavy Industry Co. Dalian Shipyard, with more than a 100-year history, used to be one of China's big military shipbuilders. Dalian New Shipbuilding, established 15 years ago, was one of the country's biggest shipbuilders
Iran Makes $100 B Oil Find, Major Companies Compete For Big Deals Iran announced its biggest oil find in 30 years last week, a 26-billion barrel field discovered just as the country drives to revive exploration activities and foreign firms compete for big deals. Oil Minister Bijan Zanganeh said the oilfield in the prolific southwest Khuzestan province has the potential to produce up to 400,000 bpd. He said that development on the field, which is close to the Iraqi border
The term short-sea shipping comes up aplenty these days, as the powers-that-be rediscover the practicalities and the economies of waterborne transport. The thinking is renewed and the interest revitalized, but for a lot of harbors nationwide it's deja vu. Take the island city of New York, and the multitudes of communities near and far that are joined to it by inland waters—the rivers, sounds, creeks, streams—all the way up to Albany, to Waterford and the Canal system
In his 47-year Congressional career, former Congressman Jim Oberstar has received many honors. But few are as big – literally – as the announcement that The Interlake Steamship Company will rename and rechristen one of its massive ships the MV Hon. James L. Oberstar this spring. The vessel will sail from layup in March as the MV Hon. James L. Oberstar, and will be rechristened in a ceremony at Duluth later this spring.
Shipbuilding industry in China has growth potential, may double in 4-years China's shipbuilding industry may double its scale in the next four years on growth potential in sea transport and marine economy, and Shanghai is expected to play a big role toward meeting the goal. By the end of 2015, the market size of shipbuilders and marine equipment makers may hit 1.2 trillion yuan (US$190 billion) with the value of exports touching US$80 billion
TUI AG has ordered eight container ships to expand its shipping division, AFX reported. The company said 11 Boeing 787 Dreamliners from a previously announced order and 12 jets ordered by merger partner First Choice Holidays will create 'one of the biggest 787 fleets with the earliest delivery dates in Europe.' TUI in December said it had outstanding orders for 65 Boeing aircraft, including 24 previously ordered planes. Source: AFX
Aker Yards has signed a contract worth $69 million to build an Anchor Handling Tug Supply Vessel (AHTS) for Farstad Supply AS, to be delivered in the summer 2007. Farstad Supply AS is wholly owned by Farstad Shipping ASA. The new vessel will be the most advanced within the Farstad-fleet. The 27,500-hp vessel will be one of the biggest and most advanced vessels within its segment.
According to a Reuters report, at least 45 ships delayed in Argentina, unable to load, due to a week-old strike that is delaying shipments from one of the world's biggest food suppliers. Argentina is a leading exporter of soy, corn and wheat. The pay dispute has reportedly brought soy-processing plants to a near standstill and dozens of boats and ships have been unable to load their cargoes at ports near the central city of Rosario. (Source: Reuters)
A report commissioned by the Lloyd’s Register Foundation, reviewing the potential implications of nanotechnology on the safety and performance of engineering assets and the infrastructure on which modern society relies on, finds that nanotechnology will have a far reaching impact on almost
Gibdock has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list reads like a ‘Who’s Who’ of leading German shipowners and managers
The board of New Zealand's Lyttelton Port Co. Ltd recommended minority shareholders accept an offer of NZ$3.95 a share offer from the commercial arm of the Christchurch city council. The board backed the offer from Christchurch City Holdings Ltd, which controls 95
Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent client list reads like a ‘Who’s Who’ of leading German shipowners and managers
Contrary to the views of some in the industry, Ultra Large Container Vessels are continuing to call at multiple North European ports per loop and are not concentrating on a mega-hub, according to Drewry’s latest Container Insight Weekly, excerpted here.
China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme. The world's biggest-emitting nation
Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian shipping company and shipyard group Grupo CBO. The contract has been entered into by Havyard Design & Solutions
Panama Canal expansion will cost operators, insurers As the Panama Canal prepares to celebrate its 100th anniversary, insurers are warning of the increased risks that will arise from the plan to double the cargo-carrying capacity of the world’s most famous canal.
Part of the Van Oord fleet, the 137-meter-long trailing suction hopper dredger, Lelystad, has been through an extensive program of works at Gibdock in Gibraltar. The vessel was in dock for an initial 26 days and then went alongside the South Mole before redocking for a further 11 days.
U.S. and Chinese military officials will hold talks on rules of behavior at the Pentagon on Tuesday and Wednesday, a U.S. official said, days after the United States denounced a "dangerous" Chinese jet intercept of a U.S. Navy patrol plane.
The world's biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk , said it plans to raise freight rates on routes from Asia to northern Europe by $400 per 20-foot container (TEU). The new rates will take effect from Sep
Korea Gas Corp. has approached long-term suppliers of liquefied natural gas (LNG) to defer up to 10 autumn cargos to winter, showing it is lumbered with excess supply and pulling out of spot markets, industry sources said. High stocks and weak demand prompted state-run Kogas
More than 250 migrants may have died when a boat sank a kilometre (half a mile) off the Libyan coast, a coastguard official said on Sunday. "We believe there are still more than 250 bodies trapped underwater," coastguard official Mohammad Abdellatif told Reuters
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The world’s biggest tidal array is to be built in North Scotland bringing jobs and energy security to the Pentland Firth region, informs a UK Government news release. The Government has provided £10 million worth of grant funding to the Meygen project