Marine link
 

VESSEL RECOVERY

Odyssey: First Load of Silver Cargo From Three Miles Deep

Odyssey Marine Exploration (Nasdaq:OMEX), announced it has successfully recovered approximately 48 tons of silver bullion from a depth of approximately three miles. This initial recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, totals 1,203 silver bars or approximately 1.4 million troy ounces of silver and has been transported to a secure facility in the United Kingdom. After unloading the cargo, taking on fuel and changing  personnel, recovery operations will continue and are expected to be completed in the third quarter of 2012.This record-breaking operation has so far produced the heaviest and deepest recovery of precious metals from a shipwreck. Odyssey is conducting the Gairsoppa project under contract with the UK Department for Transport. Under the terms of the agreement, which follows standard commercial practices, Odyssey bears the risk of search and recovery and retains 80% of the net salved value of the  Gairsoppa silver cargo after recovering its expenses. The contract was awarded to Odyssey following a competitive tender process. The amount of silver bars recovered so far represents approximately 43% of the insured silver bars, or approximately 20% of the total silver cargo which research has indicated may be on board. In addition, an estimated 600,000 oz


Alfa Laval EGR-HPE Economizer a Boon

Alfa Laval PureNOx approved for MAN Diesel & Turbo EGR system

  With Tier III NOx limits entering into force in North America and the US Caribbean in January 2016, the time has come for many ship owners to choose their method of compliance. Exhaust Gas Recirculation (EGR) on MAN B&W engines has strong advantages on its own. But combined with a new pressurized EGR economizer from Alfa Laval, it also offers the potential for massive fuel savings. “EGR provides Tier III NOx compliance with a very compact footprint


Hurricane Pollution Recovery Ops Update

In the aftermath of Hurricane Katrina, federal, state, local and industry personnel continue to work together to conduct pollution recovery operations to mitigate further damage to the environment. The following industries are continuing pollution recovery operations: Murphy Oil Corporation, near Chalmette, La.: - Estimated 819,000 gallons of oil have been discharged, with the vast majority contained within the existing secondary containment unit located on refinery property


Trinity Offshore to Build Very Shallow Multi–System Skimmer

Trinity Offshore, LLC announced that they have signed a contract to build one 56-ft by 14-ft MKII Very Shallow Multi-System Skimmer (VSMSS) with Clean Gulf Associates of New Orleans, La.  Clean Gulf Associates, one of the largest oil spill response cooperative in North America, will operate the vessel to provide marine service and environmental clean up along the Gulf Coast to its member companies. Designed by Trinity’s in house engineering department


Caley Davits for Japanese Vessels

Caley Davits for Japanese Fisheries hi-resWEB.jpg

Caley Ocean Systems has supplied davits for four Japanese Fisheries patrol vessels. The davits will allow the rapid deployment and retrieval of a range of high speed workboats, even in Sea State 6 conditions, during patrol operations. The all-weather Caley davits enable rigid inflatable boats (RIBS) to be held in readiness and launched in seconds. Crew safety is paramount to the davit's handling system which features anti-pendulation control for pitch and roll damping and reduction of


Towline Aboard Stranded 'Kulluk' Rig

Rig Kulluk Aground: Photo credit Shell

Aerial and onboard inspections confirm the vessel remains firmly aground & stable on Sitkalidak Island, Alaska, with no sign of leakage of pollutants. Naval architects on the survey team confirm the Kulluk is structurally sound and fit for towing to safe harbor in nearby Kiliuda Bay.  The exact timing for potential towing activity is dependent on weather, tides and operational readiness. Once the Unified Command team managing the incident confirms it is safe and ready to move forward


Recovery Plan for Sunken Drydock in Guam

Guam Shipyard has finalized plans to recover the floating dry dock Machinist, or Big Blue, which took on water and became partially submerged Jan. 3. The Coast Guard has established a unified command with Guam Environmental Protection Agency and Guam Shipyard to manage the recovery process. Coast Guard Sector Guam reviewed the shipyard’s plans, which outline the shipyard’s commitment to work with oil recovery contractor Gresco under the supervision of the Coast Guard and Guam EPA


Container Recovery from RENA continues

RENA_Pumpout.jpg

RENA Container Recovery Passes 800 Mark.   The number of containers recovered from the stricken Rena on Mount Mauganui’s Astrolabe Reef has risen above the 800 mark.  A total of 815 of the 1,368 containers have now been brought to port. Braemar Howells’ operations manager Neil Lloyd confirmed numbers were boosted this week with 21 containers landed on Monday, and a further eight on Tuesday.  


Odyssey Recovers 1.8 Million Ounces of Silver From Shipwreck

Gairsoppa - Silver

The latest recovery from SS Gairsoppa reportedly set the world record for deepest, largest precious metal recovery. Odyssey Marine Exploration said it has recovered more than 61 tons of silver bullion this month from a depth of nearly three miles. This recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, consists of 1,574 silver ingots weighing about 1,100 ounces each or almost 1


ICS Produces Guidelines for IMO Regulation

ICS Water Recovery Guildelines (Credit ICS)

Guidelines helping shipowners comply with a new International Maritime Organization (IMO) regulation, requiring ship-specific planned procedure for recovering individuals from the water, have been launched by the International Chamber of Shipping (ICS). Under the new SOLAS Regulation, effective July 1, all ships are required to develop plans and procedures that identify the equipment used for recovery purposes and measures to minimise the risks for shipboard personnel involved in recovery


DryShips Delivers M/V Sorrento

Photo: DryShips Inc.

 DryShips Inc., an international owner of drybulk carriers and offshore support vessels,  has announced that on November 22, 2016, it has successfully delivered the 2004 built Panamax bulk carrier M/V Sorrento to an unaffiliated third party buyer for a gross price of $6.7 million.


MacGregor Wins Davit systems Order for Two SOVs

The MacGregor G110 davit is especially designed for the offshore wind market and will be used for launch and recovery of a daughter craft. Photo MacGregor

MacGregor has won davit orders for two low-emission 81m service operation vessels (SOVs) designed to act as 'mother-ships' for wind turbine technicians. The contracts have been placed by Spanish shipyard GONDAN, responsible for the construction of the SOVs


Cargo Ship Crew Awarded for Heroism at Sea

Capt. Chris Hill from the Intermarine Fleet accepting the Admiral of the Ocean Sea (AOTOS) Mariner’s Plaque during the annual United Seamen’s ‘s Services (USS) Annual Gala Event (Photo courtesy of Crowley)

Officers and crewmembers of the Crowley Maritime Corp.-managed cargo ship M/V Ocean Glory were recently honored with a 2016 Admiral of the Ocean Sea (AOTOS) Mariners’ Plaque for demonstrating heroism at sea during the United Seamen’s Service’s (USS) annual AOTOS awards ceremony


Dry Bulk Owners Say the Worst is Over

© Volodymyr Kyrylyuk / Adobe Stock

The worst is over for the dry bulk shipping sector, after years when too many ships chased too little cargo, yet the extent of the lost business means a full recovery is still some way off, leading ship owners said on Wednesday.   Dry bulk shipping


World First: Unmanned Autonomous Boat for Offshore Ops

Artists impression of the ‘Hrönn’. (Photo: Automated Ships Ltd.)

While talk of autonomous operations in the maritime sector have swirled for years, the talk becomes reality as Automated Ships Ltd. (an M Subs Ltd subsidiary) and Norway’s Kongsberg Maritime signed a Memorandum of Understanding to build the world’s first unmanned and fully-automated


Incentivizing Spill Response Innovation

(Photo: MPC)

Researchers tackle the tough problems despite a lack of funding and official incentives to move forward. Progress, in particular for Arctic spill response equipment and techniques, is being made.   Even in the messy but now seemingly distant wake of such environmental disasters such as the


Canada Oil Spill Program Hit by Cheap Crude

The two-year oil price crash has hurt a Canadian government program that funds research on oil spill cleanups, resulting in fewer applicants than expected, a senior federal official said. As a result, the government will expand the scope of its Oil Spill Response Science Program and open a


Eagle Bulk Reports 3Q Loss

Photo: Eagle Bulk Shipping Inc.

 Connecticut-based Eagle Bulk Shipping Inc reported a loss of $19.4 million in its third quarter ended September 30, 2016. It had net loss of $20.4 million last year Q3.   It has a loss of 52 cents per share compared to  $10.83 net loss per share, for the comparable quarter in 2015


Shipping Recovery Faces Supply/Demand Challenges

Photo: Maersk Line

The shipping industry faces a stormy road to recovery, with uneven supply/demand trends set to test the nerve of investors and operators, according to independent research and consultancy firm Maritime Strategies International (MSI). Addressing the Hansa Forum in Hamburg, Germany this week


Record Containership Demolitions has suppressed Fleet Growth - Drewry

Fig 1 Note Data up to 7 November 2016 only Source Drewry Maritime Research

A record year for containership demolitions in 2016 has helped suppress total fleet growth close to the rate for demand. To repeat that feat the scrapping record will need to be smashed again, and again. There are multiple ways to measure the vitality of the container industry


Iron Ore Carrier for Kobe Steel Named Shinzan Maru

ShinzanMaru, a newbuilding iron ore carrier that will sail under a long-term transport contract with Kobe Steel, Ltd.  Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced that on October 27, a naming ceremony for the Shinzan Maru, a newbuilding iron ore carrier that will sail under a long-term transport contract with Kobe Steel, Ltd., was held at the Hiroshima Shipyard of Imabari Shipbuilding Co., Ltd.


Will Ballast Water Management Regs Trigger Tanker Scrapping?

Graph: Drewry Shipping Consultants Limited

Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the trend accelerating in later years as a result of the IMO regulation on ballast water, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.


Damen Workboats for Fratelli Neri Fleet Expansion

ASD Tug 2913 Toscana Photo Damen

Italian towing company Fratelli Neri S.p.A. has expanded its fleet with the delivery of three new Damen workboats. The trio of vessels will be based in the company’s home port of Livorno, on the Tuscan coast. Damen delivered all the vessels from stock;completing the final outfitting works


GOGL Sinks into Loss

Photo: Golden Ocean Group Limited

Dry bulk shipping company Golden Ocean Group Limited, while announcing its preliminary results for the quarter ended September 30, 2016, informed that it suffered a net loss of $26.7 million and a loss per share of $0.25    Highlights  


FORAN Expands User Base in Korea

Hansung Ship Eng. Power station (Photo: FORAN)

These are difficult times for the shipbuilding industry, in particular that of Korea, which faces its worst-ever order drought. Big, medium-sized and small shipbuilders are undergoing deep restructuring as a consequence of the workload downturn






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright