BMT SMART Ltd., the specialist fleet and vessel performance management company of BMT Group, will launch its new SMARTFLEET Management system at Nor-Shipping in Oslo next month. Technical experts will be on hand to showcase the system and its capabilities whilst discussing with delegates their specific challenges and needs. Peter Mantel, Managing Director of BMT SMART commented, “Whilst there are cost savings to be made through on-board optimization, these are often extremely hard to quantify in a verifiable way and these types of tools can be seen as a burden to the crew. It’s for this reason that we wanted to focus our attention on shore-side performance management and provide ship owners and charterers with an easy to use shore based management tool which can manage whole fleets of vessels and not just those that they own and operate.” The SMARTFLEET Management system uses metocean data in combination with BMT’s algorithms to isolate the different components that contribute to overall vessel performance and in turn, help identify the cause of the inefficiencies and quantify the effectiveness of any adjustments that have been made. The system incorporates five KPIs: Power coefficient – used to monitor the propulsive power. Increased power absorption, due to the effect of fouling on the hull or propeller for example, is reflected by an increase in the power coefficient value
Technology Associates, Inc (TAI) a New Orleans based Naval Architecture firm which also has an office in India has unveiled its Technology EnviroMax 300 OSV. Utilizing a unique Designer/Builder relationship, this design was developed in conjunction with Thoma‐Sea Shipyards. The design already has up to six vessels under construction at Thoma‐Sea Shipyards’ facilities in Lockport, Laa. Thoma‐ Sea Shipyards acquired this facility from Halter Marine in 2002 and has been using it to build
Russia's Finance Ministry will go ahead with plans to lower oil export duties next year if prices do not increase significantly, Deputy Finance Minister Ilya Trunin told reporters on Monday. Russia had scrapped plans to cut the duty for this year due to lower prices of oil, the country's main exporting commodity. Oil producers had expressed concern that the government would increase the tax burden as it tries to make up the shortfall in state coffers.
At press time, NAPA Release 2003.1 was scheduled for launch this spring. Efficiency and user-friendliness are promoted by enhancing the availability of the graphic user interface, and by designing tools for entire processes. For instance, the NAPA Manager process handling tool supplies the user with templates presenting complete calculation chains. The new version includes a number of new features, among them a generic optimization tool
A further two Air Warfare Destroyer (AWD) blocks manufactured by BAE Systems in Williamstown have been shipped to Adelaide. The final blocks make nine altogether since the first block was delivered in August 2011. With this shipment, BAE Systems has completed work on all AWD Ship 1 and Ship 2 blocks that they have been contracted to complete. Block 415 is a hull block and weighs 117 tonnes. Block 111 is a keel block weighing 112 tonnes.
Construction of the first Queen Elizabeth Class aircraft carrier took a significant step forward today, as the final rings of the forward hull section came together for the first time at BAE Systems’ facility in Portsmouth Naval Base. Two huge ring sections of Lower Block 02 were joined together in a 30 minute move involving 26 remote controlled hydraulic transporters. Workers carefully manoeuvred a 3,700 tonne slice of the block over 25 metres across the company’s production
India will announce the auctioning of 80-85 oil and gas blocks for exploration and production in the seventh licensing round under New Exploration Licensing Policy (NELP) in the first week of November. Oil regulator Directorate General of Hydrocarbons (DGH) has carved out 80-85 blocks to be offered for bidding under NELP-VII. The total acreage of the blocks on offer is about 0.4 million square kilometers. Offshore blocks on both east and west coast would be offered
First block set in place at the Meyer Werft Shipyard as construction begins on second Breakaway-class ship. Norwegian Cruise Line executives and officials from Meyer Werft took part in the Keel Laying Ceremony of Norwegian Getaway at the shipyard in Papenburg, Germany. During the official ceremony, block number 34, the first of 73 blocks that will comprise the 146,600 gross ton vessel was lifted into the covered building dock, marking the start of the block assembly.
Hong Kong - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production-sharing contract (PSC) with Eni China B.V. (Eni) for the deepwater Block 30/27 in South China Sea. Block 30/27, located 400 kilometers off the coast of Hong Kong with a total area of 5,130 square kilometers, is one of the blocks CNOOC offered for foreign cooperation in 2011. According to the terms of the contract
Oil major BP intends to be the first to drill in Angola's ultra-deep waters this October, a senior company official said. "We plan to drill in block 31 towards the end of October," according to a BP general manager and associate president. BP has a 26.7 percent operating share in the 6,562-ft. (2,000-m) deep block 31, one of three ultra-deep concessions awarded in 1999. It abuts the billion-barrel finds in Exxon-Mobil's block 15.
Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper
Southeast Asian nations were thrown into disarray after Cambodia on Saturday blocked them from issuing a statement referring to an international court ruling against China's territorial claims in the South China Sea, diplomats said. The U.N
A protest over wages that has shut the eastern Libyan oil terminal of Hariga has forced the operator of the Sarir oil field to suspend production of 100,000 barrels per day, an oil company spokesman said on Tuesday. Omran al-Zwai, spokesman for Libya's eastern state oil firm AGOCO
China's coastguard has prevented Filipino boats from fishing around the hotly contested Scarborough Shoal, Philippine officials said on Friday, after Beijing kept a promise to ignore a court ruling voiding its vast South China Sea claims.
Global Maritime Consultancy & Engineering has signed a contract with leading offshore wind developer Deepwater Wind to provide marine warranty services for the Block Island Wind Farm, America’s first offshore wind farm. Services that will be provided include a technical review
Cobham SATCOM has developed a new version of its SAILOR 900 Very Small Aperture Terminal (VSAT) Ku-band antenna, featuring a new Block Up Converter (BUC). The antenna, designed by Cobham, makes it easier and less costly to ensure high availability of service as there is no need for additional
Xeneta, a global benchmarking and market intelligence platform for containerized ocean freight, believes that the UK’s decision to leave the European Union will impact negatively on all parties involved in the container shipping segment – from shippers
A2SEA-owned jack-up leaves Damen Shiprepair Amsterdam able to handle bigger offshore wind installation projects Damen Shiprepair Amsterdam (DSAm) has concluded major modification works on the Sea Installer. The principle scope of work involved the extension of the main crane boom
Sea Trucks Group has been awarded a contract from Sabah Shell Petroleum Company Limited for the provision of flotel services for the Malikai deepwater development project, located 100 kilometers off Sabah, Malaysia, at a water depth of around 500 meters
1815 - Commodore Stephen Decatur's squadron engages the Algerian flagship Mashouda near Cape de Gatt, Spain. Though the Algerian frigate maneuvers actively to escape, she surrenders after 20 men, including her commander, are killed.
Austal Limited announced that Expeditionary Fast Transport 7 (EPF 7), USNS Carson City has completed U.S. Navy acceptance trials. The trials were undertaken in the Gulf of Mexico and involved comprehensive testing of the vessel’s major systems and equipment by the U.S. Navy.
Preliminary work got underway on Monday to restart three of Total's French oil refineries stopped as part of nationwide strikes against planned changes to employment laws, but workers were still on strike at the country's two main oil ports.
Historically, a prime characteristic of the shipping industry has been that when one sector is performing weakly there is generally another that is strong, and that even when most of the markets are down there is often one which provides at least some counterbalance by performing more
Some 38 oil tankers have been held up at the Fos-Lavera oil port in southern France, the country's biggest, including 25 at harbour, up from 12 the previous day, a port authority spokeswoman said on Friday. She said 13 other tankers were waiting at quay
Nearly two dozen vessels were queued outside the French oil import terminal in Fos, southern France on Thursday, held up by a strike organised by the hardline CGT and FO unions over planned labour reforms. A spokeswoman for the port of Marseille told Reuters that yesterday 29 oil