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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


Llyods Register Statutory Alert:

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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

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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


BOEMRE Approves Operations for Ninth Deepwater Well

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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


Hanjin Creditors Oppose Terminal Sale

Photo: Hanjin Shipping Co. Ltd

 US creditors of Hanjin Shipping Co. Ltd.  objected to the Korean courier’s efforts to secure a New Jersey bankruptcy court approval of an asset sale to Mediterranean Shipping Co (MSC), reports WSJ.   Geneva-based MSC, the world’s second largest container operator by


Hempel Debuts Offshore Assets Coating Range

Hempadur Quattro XO 17820 and 17870, are being introduced to increase the service life and reduce on-station maintenance requirements of offshore assets Photo Hempel

Two new coatings, Hempadur Quattro XO 17820 and 17870, are being introduced to increase the service life and reduce on-station maintenance requirements of offshore assets by leading worldwide coatings supplier Hempel. The new high-performance pure epoxy uni-primers presented today (9 January)


FONASBA, BIMCO launch Agency Appointment Agreement

FONASBA and BIMCO have launched a new Agency Appointment Agreement document. This new form, which is based on BIMCO’s tried and tested box layout, provides a simple, clear and effective means of confirming the details of an agency agreement for an individual or short series of port calls


Dryships to Expand into VLGC sector

The Table

DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas


Valencia to Upgrade Three Ports

PHOTO PORT AUTHORITY OF VALENCIA

Spain’s Port Authority of Valencia (APV) has unveiled plans upgrade three of its ports by 2020. The Business Plan approved at the last Board of Directors of the Port Authority of Valencia includes investments in its three ports 56.19 million euros during the year 2017 and plans to invest


DryShips Expands to Gas Carrier Market with Four New VLGCs

Image: DryShips Inc.

 DryShips Inc. has agreed to enter into a "zero cost" LPG Option Agreement with companies controlled by its Chairman and Chief Executive Officer,  George Economou, to purchase up to four high specifications Very Large Gas Carriers (VLGC) capable of carrying liquefied petroleum


New Fast Rescue Boats for P&O Ferries

Photo: Survitec

Survitec Group announced  that P&O Ferries have installed two new Survitec BRUDE Explorer-720 fast rescue boats onto their vessels, the Pride of York and the Pride of Bruges operating on the North Sea route between Hull and Zeebrugge.


DryShips Closes New Revolving Facility from Sifnos

Image: DryShips Inc.

 DryShips Inc has signed definitive documentation with Sifnos Shareholders Inc for the previously announced refinancing of the majority of its outstanding debt under the new senior secured revolving facility.   Under the terms of the New Revolver


China coal province to Cut pollution by 20 pct by 2020

One of China's top coal-producing provinces has vowed to slash its level of fine particle pollution by one-fifth by 2020, the official Xinhua news agency reported on Saturday, citing the provincial government. China has adopted various measures from policing barbeques to halting industrial


Nord Stream 2 Makes Good Progress

The Gazprom Management Committee took note of the information on the progress of the Nord Stream 2 project. The meeting commended the progress made on Nord Stream 2, stressing that the project was going according to the approved schedule. In early September


Delta ‘T’ Systems Expands Production

Photo: Delta “T” Systems

Marine ventilation systems company Delta “T” Systems said it has reconfigured its two 15,000 sq. ft. manufacturing spaces and added tooling and related equipment. The change accommodates the timely construction of the company's new USCG approved A60 Slimline Fire Damper and streamlines


OceanSaver BWTS Earns USCG Approval

Image: OceanSaver

OceanSaver said it has received the final type approval certificate from U.S. Coast Guard as the first ballast water treatment system (BWTS) supplier utilizing electrochlorination. This means that a USCG type approved system is now available for medium and large vessels like LR1s


India Rolls out Sagarmala Development Company for USD 15 Bln Maritime Push

The Union Minister for Shipping,  Nitin Gadkari inaugurating the Sagarmala Development Company’s office premises, in New Delhi on December 26, 2016. The Secretary, Ministry of Shipping, Rajive Kumar is also seen

 India's Minister of Shipping Nitin Gadkari has said that projects worth Rs. 1 Lakh Crore (USD 15 Bln)  under Sagarmala programme are at various stages of implementation and development.    He was speaking to the press at a ceremony  to inaugurate the Sagarmala


Cochin Shipyard Limited Developing New Dry-dock

Photo: Cochin Shipyard Ltd ( Under The Ministry of Shipping)

 A new large dry dock is considered essential for future growth of Cochin Shipyard (CSL), says the ministry of shipping, India.   This dry dock will enable CSL to construct LNG ships, Large Naval vessels like the proposed second Indigenous Aircraft Carrier, Merchant vessels


Long Beach Approves MSC's Bid for Hanjin Terminal

Photo: Port of Long Beach

The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co






 
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