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Approves New

GPA Marks Gains in the Fiscal Year

Double-digit growth in TEUs, autos The Georgia Ports Authority has announced  that the authority posted increases across all reporting categories for the first two months of fiscal year 2013. At its Oct. 8 meeting, the GPA board heard a report from Executive Director Curtis Foltz detailing 5.6 percent growth in tonnage across July and August, with 13.8 percent growth in total TEUs for the month of August. That’s an increase of 240,000 tons over the same two months in FY2012. “Our deepwater ports achieved a good start for fiscal year 2013, despite a slow national economy,” Foltz said. “The ports of Savannah and Brunswick have established solid momentum to start our fiscal year, which translates into increased jobs and economic opportunities throughout our region.” The Port of Savannah handled 522,744 twenty-foot equivalent container units (TEUs) over the first nine weeks of the fiscal year, for a growth of 4.4 percent. August accounted for 270,614 TEUs, the GPA’s second-highest month for TEUs, behind only October 2010. In tandem with the strong growth in tonnage, GPA rail cargo also saw a boost in numbers. Growth in intermodal activity was significant during August, and led to a record month, handling 29,364 intermodal rail moves. “Greater reliance on rail movement is a strategic initiative of the GPA, allowing the Port of Savannah to increase capacity without putting more trucks on the road

Tankers to Require Stability Instruments Starting 2016

Photo: Hanjin Shipping

Lloyd's Register informs that new stability instrument requirements will apply to all tankers constructed (keel laid) on or after January 1, 2016. These ships will be required to fit an approved stability instrument, capable of verifying compliance with intact and damage stability requirements. Oil tankers, chemical tankers and gas carriers constructed before January 1, 2016 must also comply with the requirements (by confirming or upgrading existing equipment

OTC Approves New Construction Rules

Two new Rule-sets approved at the first Offshore Technical Committee (OTC) held at LR's Global Technology Centre in Singapore. Lloyd's Register say that these two new rule-sets will be made public later this month (May 2013). The Floating Offshore Installations at a Fixed Location 2013 Rules and the Mobile Offshore Unit 2013 Rules, contain several changes from previous versions in order to improve usability, reflect industry best practice, new novel designs and legislative changes.

ClassNK Approves New Super-Efficient Fillet Welding Consumable

Noboru Ueda, Chairman and President of ClassNK

  Noboru Ueda, Chairman and President of ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to greatly improve welding efficiency and coating quality in commercial vessels.  Up until now, shipbuilders using conventional fillet welding consumables had to make two welding passes for the required weld leg lengths of around 8mm or above

Niger Cabinet Approves New Areva Uranium Deal

 Niger's cabinet of ministers on Friday approved a renewal of French nuclear group Areva's uranium production deal in the West African nation, the government said on Friday, completing two years of often fraught negotiations. The two parties announced the signature of a new 10-year agreement for Areva's Somair and Cominak mines in May, but Friday's green light from President Mahamadou Issoufou and his ministers clears the way for its implementation.

Panama Council Approves New Canal Tolls

Image: Panama Canal Authority

The Cabinet Council of the Republic of Panama has officially approved a proposal to modify the Canal tolls structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors.   The accepted proposal—which modifies the pricing structure for most Canal segments—will better facilitate the Canal’s goal of providing outstanding service and reliability to the global shipping and maritime community while allowing the ACP to safeguard the

BOEMRE Approves Deepwater Drilling Permit for New Well

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a deepwater drilling permit for a new well that was described in Shell Offshore Inc’s recently approved Exploration Plan.  The proposed well was also considered in the Site-Specific Environmental Assessment (SEA) completed as part of the plan review.  In order to receive the permit approval, Shell complied with rigorous new safety standards implemented in the wake of the Deepwater Horizon

BOEMRE Approves Operations for Ninth Deepwater Well


Drilling Permit Meets Critical New Safety Standards NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a deepwater permit for the drilling of a ninth well that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the requirement to demonstrate the capacity to contain a subsea blowout

Llyods Register Statutory Alert:

lloyds register.png

MARPOL Annex VI – certification of an ‘Approved Method’ for MAN B&W S60MC engines.   Applicabilty: All owners and operators of new and existing ships Classification News 22/2010 detailed changes to nitrogen oxides (NOX) controls introduced by the Revised MARPOL Annex VI. These apply to marine diesel engines, with a power output of more than 5,000 kW and a displacement at or above 90 litres per cylinder, installed on ships constructed on or after January 1

Security Training to Become Mandatory for Seafarers


The Manila amendments to the Standards of Training, Certification and Watchkeeping for Seafarers Code (the STCW Code) came into force on 1 January, 2012. The revised Code (known as STCW 2010) introduced new minimum rest hours with immediate effect and a timetable of implementation dates for training and certification arrangements. The key implementation dates are as follows:   July 1, 2013: New entrants commencing training are required to do so according to the standards laid

ACE Winches Introduces New 500te Linear Winch

Photo: ACE Winches

At this year’s Offshore Energy exhibition, global deck machinery specialist ACE Winches announced a new 500te Linear Winch to its range of specialized deck equipment. The company will showcase its range of products and services supplied to European clients operating within marine

Liberia provides lead with BWMS proposal to IMO

David Pascoe Liberian Registry

The Liberian Maritime Administration is to introduce a proposal to the meeting of the IMO Marine Environmental Protection Committee (MEPC70) in London on 24 October to allow certain ships additional time beyond 2020 to install adequate ballast water management systems as required under the Ballast

IMO Climate Change Moves on Agenda

 International Maritime Organization (IMO)’s Marine Environment Protection Committee (MEPC 70) is this week discussing proposals to adopt a mandatory regulation for ships to record and report their fuel consumption.   

Moody's: Ratings of Overseas Shipholding on Review for Downgrade

Photo: OSG

 Moody's Investors Service, has placed the ratings of Overseas Shipholding Group, Inc. (OSG) under review for downgrade, including its B2 corporate family and Caa1 senior unsecured ratings, and the B1 and Ba2 senior secured debt ratings of its subsidiaries, OSG Bulk Ships, Inc

BP Pact with Eni to Buy Gas from New Mozambique Field

Photo: BP

 BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), have entered into a sales and purchase agreement for BP to purchase 100% of the liquefied natural gas (LNG) produced by the EEA-operated Coral South

Singapore Plans to Shape Bunkering for World's Future

Expansion of international focus group to cooperate on LNG bunkering. Photo:  Maritime and Port Authority of Singapore

 Maritime and Port Authority of Singapore (MPA) introduced several new initiatives at SIBCON as part of Singapore’s continued efforts to enhance bunkering processes and prepare the bunkering industry to meet future demands.   

GPA adds 100 acres Auto Processing Space

The Port of Brunswick is the nations fastest growing autoport.  With 652 acres of auto processing space available for development, Brunswick is poised for continued expansion. Find print quality images here. (Georgia Ports

At the annual State of the Port address hosted by the Brunswick-Golden Isles Chamber of Commerce Wednesday, Georgia Ports Authority Executive Director Griff Lynch announced a 100-acre expansion of the Colonel's Island auto terminal, and welcomed Logistec's announcement of the completion of 221

Port Everglades Closed for Hurricane Matthew

Broward County’s Port Everglades is closed to all ship and truck traffic as the potential category 4 or 5 Hurricane Matthew approaches the U.S. East Coast.   The port will reopen after the storm once all safety and security protocols are in place and approved by the U.S

Submarine Market Valued at Nearly $23 Billion

Photo: Navy Recruiting Command

 The submarine market will be valued at $22.8 billion this year.  By 2026 the market will reach $36.3 billion, according to Strategic Defence Intelligence.  This represents a compound annual growth rate of (CAGR) of 4.74%.  

Western India Shipyard for Sale

Photo: Western India Shipyard

 ABG Shipyard Ltd, which was one of the largest shipbuilding company in the country operating in the private domain, has decided to divest its entire stake in its subsidiary Western India Shipyard Ltd (WIS).     The company’s board has agreed to invite suitable bid from the

Russia to Build Permanent Syrian Naval Base, Eyes Other Outposts

Nikolay Pankov (Photo: Minister of Defence of the Russian Federation)

Russia will create a permanent naval base in Syria to expand its military footprint in its closest Middle East ally, a government official said on Monday, a week after Moscow said it was considering reopening Soviet-era bases in Vietnam and Cuba.  

Globus Maritime Mulls 1-for-4 Reverse Stock Split

Photo: Globus Maritime Limited

 Globus Maritime Limited, a dry bulk shipping company, announced that its Board of Directors has determined to effect a 1-for-4 reverse stock split of the Company's common shares.    At the Company's annual general meeting of shareholders on September 8, 2016

Matrix PDM Signs Licensing Deal with GTT

Photo: GTT

 GTT's Houston-based US subsidiary, GTT North America (GTT NA), has signed a license agreement with the American engineering company Matrix PDM Engineering.   The agreement was signed at the Matrix Service Company headquarters in Tulsa, OK

Hanjin Shipping to Shed Major Businesses

file image (Credit: Hanjin)

South Korea's Hanjin Shipping Co Ltd is selling major businesses, including its Asia-U.S. route network, and will receive letters of intent by October 28, the company said on Thursday. In a regulatory filing the company said a Seoul court overseeing its receivership process approved a public

TraPac to Double Terminal size at Oakland Port

If approved, 14-year lease would add two ship berths, 57 acres of land Photo Port of Oakland.

TraPac, LLC has reached agreement to nearly double its marine terminal size at the Port of Oakland.  Wilmington, CA-based TraPac said today it plans to lease an additional 57 acres and two vessel berths on the Port’s Outer Harbor.

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