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
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
On 08 May 2013, at 1455 Eastern Daylight Time, the dry bulk carrrier 'Federal Yoshino' was at anchor in Baie‑Comeau, Quebec when the crew member fell to the deck in a crane-hoisted provisioning basket from a height of about 5m when the hoisting cable parted, informs the Transportation Safety Board of Canada (TSB) in a recently released investigation report. The bulker was at anchor awaiting the arrival of a grain cargo when the accident occurred
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.
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
WWL recently became the first RoRo shipping company to transport heavy breakbulk cargo weighing more than 92 tonnes from Japan to the United States. Until recently, Japanese ports only allowed a maximum cargo weight of 92 tonnes including roll trailer
The Coast Guard is monitoring the transit of a motor vessel that ran aground in the Columbia River near Skamokawa, Washington, but was refloated, inspected and given a captain of the port order to transit to Kalama, Saturday morning. There was no report of pollution or injuries stemming from
The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters, in a win for environmental groups that had fought development of the ecologically fragile region. The Department of the Interior released a 2017 to 2022 leasing plan that blocked drilling in the
The aircraft carrier INS Vikramaditya has successfully completed its first routine maintenance, a 43-day short refit, at the Cochin Shipyard Ltd (CSL), and is at a high level of operational competence and preparedness. Rajesh Gopalakrishnan
Ophir Holdings & Ventures LTD ("Ophir"), a wholly owned subsidiary of Ophir Energy plc, and OneLNGSM, a joint venture between subsidiaries of Golar LNG Limited and Schlumberger, announce that they have signed a binding Shareholders' Agreement to establish a Joint Operating Company
A yacht and a commercial fishing vessel collided Tuesday about 10 miles east of Block Island, Rhode Island. No injuries have been reported. The 40-foot lobster boat, Squeeze Play, manned by a two-man crew, was struck by the yacht Lucia, which had four people aboard
The French government has told South Korea it will oppose any solution for shipbuilder STX France that is against national industrial interests, Industry Minister Christophe Sirugue told Reuters on Thursday on the eve of a deadline for bids.
Rosneft and BP announce the completion of the deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation. Final binding agreements for the new joint venture were signed at the XX St
The U.S. Navy with assistance from the First Lady Michelle Obama commissioned and brought to life the newest Virginia class submarine, USS Illinois (SSN 786), during a ceremony attended by more than 2,500 at Naval Submarine Base, New London on Oct. 29, 2016.
Woodside completed the transaction to buy 100% of the shares in ConocoPhillips Senegal B.V. The total purchase price was US$350 million plus net customary adjustments of approximately US$90 million. Woodside CEO Peter Coleman said the acquisition was an exciting addition to Woodside’s
Countries led by Japan on Tuesday blocked a move by South American and African states to create a South Atlantic sanctuary for whales they say are endangered by hunting despite a global moratorium in force for 30 years. The proposal brought by five African and South American countries would
Empire Magnetics President Richard Halstead discusses the critical considerations necessary for engines operating in Arctic waters. A large number of vessels sail in more than one ocean, from warmer seas to arctic waters, so motors for marine applications must be versatile enough to
The head of the French state-controlled naval defence group DCNS said on Wednesday it was "closely studying" a possible stake purchase in STX France, a shipyard subsidiary of the struggling South Korean conglomerate STX Corp.
Sea Trucks Group said its principle Nigerian business, West African Ventures, has been awarded a contract for the provision of an accommodation vessel to a deepwater field, offshore Nigeria. | The scope of work covers accommodation support services for 250 pax
Marine News contributor Robert Kunkel asks: Are we ready to support the farms? On August 19, 2016, we watched as the fifth tower and associated nacelle was raised on the Deepwater Offshore Wind Farm approximately 3 miles offshore of Block Island, Rhode Island