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
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
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
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.
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.
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
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
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.
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
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.
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.
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.
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
Indian Petroleum Minister Minister Dharmendra Pradhan says India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation, reports PTI. India is ready to invest $20 billion in the development of Iran’s
Major modification work will bring A2SEA-owned vessel into line with growing demands of offshore wind industry Damen Shiprepair Amsterdam (DSAm), part of Damen Shiprepair & Conversion, is currently undertaking a modification and maintenance project on the jack-up vessel Sea Installer
An oil company set up by Libya's eastern government is preventing a tanker from loading a cargo for its Tripoli rival, the National Oil Corporation (NOC), officials said on Tuesday. The eastern company, also calling itself the National Oil Corporation (NOC)
A complete turnkey solution for fuel transferring and pulling contaminants from tanks and bilges in boats, yachts and storage tanks The #9040PN Marine Fuel Tank Sweeper from Innovative Products of America (IPA) removes water, impurities and sludge from fuel tanks and bilges
Greece will conclude the evaluation of deep-sea oil and gas exploration bids in the coming weeks and will name the preferred bidders soon after, its energy minister said on Friday, as the country seeks to tap into its limited oil reserves.
A tanker that had been blocked for three weeks in a stand-off over oil exports at the eastern Libyan port of Marsa al-Hariga entered the port and began loading on Thursday, officials said. The Seachance, which had been waiting to load oil for Glencore on behalf of the Tripoli-based National Oil
France's hardline CGT union said on Monday that workers at Elengy, which operates three liquefied natural gas (LNG) terminals in France, will go on strike from midnight until May 26 midnight included. The union said that from Tuesday morning
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC Group) giving formal notice of its intention to commence arbitration proceedings against CNOOC Group under the provisions of the
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
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
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