Bardex Corporation, with headquarters in Goleta, California, has signed a major contract with Hyundai Heavy Industries of Korea to design, manufacture and supply a mooring system for use on Total's USAN FPSO destined for operation offshore Nigeria. The USAN field is located 62 miles south east of Bonny Island and the FPSO, which will be moored in 2,460 ft water depth, will be operated by Elf Petroleum Nigeria. The specially designed mooring system includes sixteen BarLatch fairlead stoppers sized to hold the 1,770 tonnes break strength of the system's 147 mm R3 studless chain, four moveable linear chain jacks rated for a stall pull of 382 tonnes, two 255 tonnes pull-in messenger winches and two hydraulic power units each of which can provide up to 480 kW. Deck equipment and other associated system components complete the contract. Bardex is completing final design details and will start manufacturing in the first quarter 2009 with phased deliveries commencing in the third quarter 2009 and continuing into the first half of 2010.
ASD Tug 2810 Hybrid cuts fuel and emissions by at least 20%. Damen Shipyards has launched its first ever hybrid tug - the ASD Tug 2810 Hybrid - and is proud to announce that Iskes Towage & Salvage will be the launching customer. The signing ceremony took place today (October 23), at Offshore Energy in Amsterdam. The pioneering Dutch shipyard group is believed to be the only yard worldwide building hybrid tugs for stock. The second hybrid vessel will be available from stock end-2013
On July 7, a supply chain security expert from global container carrier APL outlined practical steps that would help achieve an improvement in the safety of international trade at the Asia Pacific Economic Cooperation (APEC) Symposium. Focusing on the topic of Total Supply Chain Security, Earl Agron, Vice President of Security for APL, told the high-level audience of government, military and industry leaders in Singapore that the five key steps that would help improve supply chain security
Drewry’s Global Ocean Container and Air Freight Rate Benchmarks Available to LLamasoft Customers for Use in Supply Chain Modeling. LLamasoft, a global leader in supply chain design software solutions, and Drewry Maritime Research, the leading provider of freight rate benchmarking today announce a partnership to make Drewry’s global ocean container and air freight rate benchmarks available to LLamasoft customers for use in supply chain design
Government and business publish a long-term strategy that will strengthen the UK’s position in the offshore wind industry. The multi-million pound investment has the potential to unlock £7 billion in the economy by 2020. The UK currently has more offshore wind power than the rest of the world combined. The offshore wind industrial strategy aims to grow UK supply chain manufacturing so that more of the work and jobs can be done here.
Advisory Committee on Supply Chain Competitiveness to Recommend Ways to Increase U.S. Exports; First Meeting is Friday. Port of Los Angeles Deputy Executive Director for External Affairs Cynthia Ruiz has been named to the Advisory Committee on Supply Chain Competitiveness by Acting U.S. Secretary of Commerce Rebecca Blank. The Committee, comprised of 40 senior-level representatives of multiple industries and supply chain experts, will advise the Secretary, the U.S
IMO Secretary-General Koji Sekimizu welcomed his counterparts, Raymond Benjamin, Secretary-General, ICAO, and Kunio Mikuriya, Secretary-General, WCO, to IMO Headquarters on Monday, July 8, where the three considered the further enhancement of collaboration between the Organizations in the fields of aviation, border and maritime security and facilitation. ICAO and the IMO perform their roles as specialized agencies of the United Nations, while the WCO is an independent intergovernmental body
The UK’s logistics industry has welcomed the opening of a new deepwater terminal at the country’s busiest container terminal, which is capable of handling the latest generation of container vessels. The Felixstowe South Terminal will comprise two berths – 8 & 9 – and its owner, Hutchison Ports UK , claims it is currently the only facility in the country capable of handling the latest generation of containerships, which have capacities of up to 18
An industry body set up to ensure businesses are ready to secure opportunities from decommissioning work over the coming years will shortly launch a major mapping exercise to help the supply chain benefit from the $38.6b to $46.3b of North Sea work forecast for the future. The work by Decom North Sea will help promote the capability and capacity of the North Sea supply chain for decommissioning projects, as well as showcasing supply chain companies and their individual expertise and
CEVA Logistics, a leading global supply chain management company, was awarded the Best Green Logistics Operator award at the 28th Asian Freight and Supply Chain Awards (AFSCA) held in Shanghai recently. The annual awards organized by Cargonews Asia are designed to honor leading organizations for demonstrating leadership as well as consistency in service quality, innovation, customer relationship management and reliability.
Epic Gas Ltd has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction. The facility covers approximately 65% of the contract price of the vessels, and has been closed in partnership with Coordinator
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International Maritime Organization (IMO) on the
A.P. Moller-Maersk Group has entered an agreement with AT&T to use its Internet of Things (IoT) technology to connect its refrigerated containers. In what is reported to be one of the largest industrial IoT deployments of its kind, Maersk is working with AT&T to track and monitor the
Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight
On October 1 two new wholly owned group companies of Mitsubishi Heavy Industries, Ltd. (MHI) succeeding to MHI's ship construction operations in the Nagasaki district will commence business operations. Mitsubishi Heavy Industries Shipbuilding Co., Ltd
A recent survey conducted by Trelleborg’s offshore operation paints a positive industry outlook with decision makers taking a long term ‘value-add’ view. Original equipment manufacturers (OEMs) rated product quality, responsiveness and skills above cost as the most important
WCI and the Illinois Corn Marketing Board have undertaken a campaign with Google and YouTube to raise public awareness about the critical importance of inland waterways transportation to production agriculture. The goal of the campaign is to have more than one million people view
The Port of Long Beach today announced plans to seek new ways to use a largely undeveloped 150-acre pier to help move cargo more efficiently as the Port continues to welcome increasing trade. With the looming closure at the end of this month of the temporary storage depot at the
Lifting Gear Hire (LGH), a company providing lifting and moving equipment for rent and sale, announced the addition of several new products to its equipment rental fleet. Joining the company’s rental portfolio is a 4x4x2 Gated Material Basket, as well as several new rigging rollers
Press release - DP World’s flagship Jebel Ali Port has retained its leadership position by winning the Best Seaport – Middle East Award for the 21st year in a row at the Asian Freight, Logistics and Supply Chain Awards (AFLAS) 2015 in Hong Kong.
The second Annual Danish Maritime Forum, scheduled for October 7-8, 2015, in Copenhagen, brings together a wealth of global maritime leaders to address present and long-term challenges for industry. Discussions at this year’s Danish Maritime Forum are influenced by volatility in
DP World, together with joint-venture partners APL, HMM, MOL and CMA-CGM, has officially opened the Rotterdam World Gateway (RWG) terminal, providing the global supply chain with the most innovative and automated container terminal in the world.
August 2015 containerized cargo volumes at the Port of Los Angeles increased 3.8 percent compared to the same period last year. The Port handled a total of 786,677 Twenty-Foot Equivalent Units (TEUs) in August 2015. It was the strongest August performance since 2006, when 790
Caterpillar Inc. has been named to the 2015 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 16th time Caterpillar has been included in the DJSI list.
The Port of Felixstowe, the Port of Britain has walked away with the coveted Rail Freight Group 2015 Customer Care Award for its continued and sustained improvement in customer service. This Award recognises the port’s commitment to delivering for its customers’ real