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New Era

Decade Old Waste Dumping Treaty

Waste Dumping Treaty

The 1996 "London Protocol" covering the dumping of wastes at sea entered into force ten years ago today (24th March). The Protocol modernized the original “London Convention” dumping treaty, bringing in a so-called “precautionary approach” that heralded a new era of prohibition of all dumping at sea with the exception of wastes commonly agreed by Governments and then put on an approved list. Find out more in our information leaflet. Notably, those party to the Protocol adopted amendments in 2006 and 2009 to allow carbon storage and capture in some seabed geological formations – with the aim of mitigating the impacts of increasing concentrations of carbon dioxide in the atmosphere and to ensure that new technologies with the potential to cause harm to the marine environment are effectively controlled and regulated.  


The U.S. Navy Beyond Iraq - Sea Power for a New Era

On April 3, the Brookings Institution's 21st Century Defense Initiative will host Admiral Michael G. Mullen, chief of naval operations, for a discussion of the U.S. Navy's efforts to draft a new maritime strategy and prepare for the challenges of the twenty- first century. In his almost forty years of service, Adm. Mullen has witnessed the transformation of U.S. naval forces, and has in recent years been its principal agent of change. He once said, "Without mastery of the sea --


Feature:Oscar Dyson Launches New Era at NOAA

By Larry Pearson With the launching and first of the year completion of the 208-ft. vessel Oscar Dyson, a new era has also been launched at the National Oceanic and Atmospheric Administration (NOAA). Typically the recipients of hand-me-down vessels from other services, the $39.3 million Oscar Dyson is the first new vessel the NOAA has received in over 30 years. Dedicated to fisheries research, the vessel is the first of at least two and maybe four built for NOAA by VT Halter Marine


Vanishing Volatility Signals Oil Market Shift

Source: Reuters / J. Kemp

The oil market has rarely been so quiet. Benchmark Brent has traded in a narrow range of $5 either side of $110 per barrel since the summer of 2012. Price volatility has fallen to some of the lowest levels since crude futures markets were established in the early 1980s.   Oil prices have rarely been so stable for so long since the 1973 oil shock ended the long period of calm in the 1950s and 1960s and ushered in the era of OPEC dominance.  


BIG DATA: First Intelsat EpicNG Satellite Launched

(Photo: Ariane Space)

The launch yesterday of  the Intelsat 29e, the first of the Intelsat EpicNG high throughput satellites, promises to usher in a new era of "Big Data" in the maritime sector, among others. The satellite was launched from French Guiana aboard an Ariane 5 vehicle. Manufactured by Boeing and equipped with advanced digital payload, Intelsat 29e will bring high throughput capacity in both C- and Ku-band to North and Latin America and the North Atlantic region


Australian Energy Firms to Rebalance their Portfolios: DNV GL

Elisabeth Tørstad, CEO, DNV GL – Oil & Gas and Richard Palmer, Country Manager, DNV GL – Oil & Gas Australia. Photo: DNV GL

 New research by DNV GL, the technical advisor to the oil and gas industry, shows oil and gas companies in Australia are seeking to rebalance their business portfolios and reorganize for a new era.    In a period of drawn-out recovery, 45% of senior oil and gas professionals surveyed expect their business to diversify into, or invest more in, opportunities outside of oil and gas. Still, 85% believe gas will become an increasingly important component of the global energy mix


Carnival’s New Terminal Slated for April 14 Opening

Carnival Corporation's new Long Beach Cruise Terminal at the Queen Mary will welcome its first cruise ship when Carnival Cruise Lines' 70,000-ton Ecstasy sails from the $40 million facility April 14, 2003. The new terminal will initially serve as the homeport to two 2,052-passenger Carnival "Fun Ships" - the Ecstasy, which will depart Fridays on three-day voyages to Ensenada, and Mondays on four-day cruises to Ensenada and


First ME-B Sees Light of Day

MAN Diesel heralded a new era in its two-stroke diesel engines with the production of the first MAN B&W S40ME-B engine. The new engine has been built by STX Heavy Industries Co., Ltd. at its Changwon works to the south of the Korean peninsula, and passed its Type Approval Test. The 6S40ME-B is the first such prime-mover for a series of multipurpose vessels of 25,000 dwt currently being built in China by Shandong Huanghai Shipbuilding Co. Ltd


Condor Sets Sail from Weymouth for the Last Time

Condor Liberation by Condor Ferries

 Condor Ferries have made their final sailing from Weymouth. Cross-channel ferry services from Weymouth have come to an end with the final sailing to Guernsey.   Condor is to operate a new and larger ferry on a single service from Poole instead as Weymouth's port is deemed too small. Poole's bigger facilities can accommodate their new vessel - the Condor Liberation.   Condor Liberation marks a £50 million investment and, according to the ferry company


Australian LNG-fueled RO/RO Enters Service

Searoad Mersey II (Photo: SeaRoad Holdings)

A brand new liquefied natural gas (LNG)-fueled roll-on-roll-off freight vessel, Searoad Mersey II, has commenced service from its home port Devonport, in northern Tasmania, Australia.   Touted by Bass Strait shipping and logistics firm SeaRoad as the “cleanest, greenest freight ship ever to trade in Australian waters”, Searoad Mersey II is the first coastal ship in Australia to use LNG fuel-and-power technology and the first pure dry cargo ship in the world to use a roll-on


Building the Ship of the Future

(Photo: Eltorque)

Ships of the future will have to be lighter, smarter, cleaner, more reliable, more efficient and safer.    Sounds like a tall order, but that’s where the industry is headed. Experts like DNV GL and Rolls Royce concur: technologies available today will combine with those just


Transas, Japan Radio Company Announce Strategic Partnership

Transas CEO Frank Coles

The strategic partnership will drive growth and accelerate innovation. Industry-leading solutions and services capabilities will deliver differentiated customer value.     Transas, the innovative, digital solutions company, and Japan Radio Company (JRC)


Aussie Navy Trains to fight

Anzac-class frigate, HMAS Anzac (150) sailing through Cockburn Sound, Western Australia, as part of Exercise Ocean Explorer 17. Photo RAN

More than 17 ships and aircraft are descending on the Western Australian coast for one of the largest maritime warfare exercises held by the Royal Australian Navy.   The inaugural Exercise Ocean Explorer will include international participants


Navies Training to Fight off the Western Australian Coast

Photo: Royal Australian Navy

 More than 17 ships and aircraft are descending on the Western Australian coast for one of the largest maritime warfare exercises held by the Royal Australian Navy.   The inaugural Exercise OCEAN EXPLORER will include some international participants


US Navy Destroyer John Finn Delivered

Ingalls Shipbuildings 29th Arleigh Burke (DDG 51) destroyer John Finn (DDG 113) sails the Gulf of Mexico during Alpha sea trials. (Photo: Lance Davis/HII)

The U.S. Navy has accepted delivery of future guided-missile destroyer USS John Finn (DDG 113) from shipbuilder Huntington Ingalls Industries (HII) on December 7, the 75th anniversary of the attacks on Pearl Harbor.   HII’s Ingalls Shipbuilding division delivered the Arleigh


First US Offshore Wind Farm Powers Up

The Block Island Wind Farm has begun commercial operations, becoming the first wind farm to deliver energy to the American power grid (Photo: Deepwater Wind)

Power developer Deepwater Wind said its Block Island Wind Farm has begun delivering electricity into the New England region’s grid, becoming the United States’ first commercially active offshore wind farm.   The energy produced from the Block Island Wind Farm is linked to the


‘Mega-ship’ the Largest to Ever Transit the Panama Canal

(Photo: Panama Canal Authority)

The Panama Canal welcomed the largest capacity vessel to-date to transit the Expanded Locks—Hapag-Lloyd's Valparaiso Express, a 10,589 TEU Neopanamax containership built specifically to take advantage of the greater capacity offered by the Expanded Panama Canal.  


Petrobangla Signs $950mln Deal with Petronet for LNG Terminal

Photo: Petronet LNG Limited

 Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) signed an initial agreement with India's energy company Petronet LNG Limited to set up an LNG re-gasification terminal on Kutubdia Island and a pipeline at an estimated cost of $950 million.  


Incheon port Targets 3m teu Throughput

Participants are vowing to reach 3,000,000 TEUs early at Incheon Port  Photo Incheon port

The Incheon Port Authority or IPA (www.icpa.or.kr, IPA) proclaimed a new voyage to make the top 30 ports in the world in a ceremony to celebrate the achievement of 2.5 million TEU annual container volumes at Incheon New Port located in Songdo-dong, Yeonsu-gu, Incheon, on December 16.


Höegh LNG Orders 4 FSRU from Samsung Heavy

Höegh Gallant. Photo: Höegh LNG

 South Korea's Samsung Heavy Industries Co has won one firm Shipbuilding Contract (SBC) and an agreement for three optional  floating storage and regasification units (FSRUs) from Hoegh LNG Holdings.   Under the deal with Norway-based Hoegh LNG Holdings Ltd


DryShips Buys First Very Large Gas Carrier

Image: DryShips Inc

 DryShips Inc., a diversified owner of ocean group cargo vessels, announced that it has acquired one Very Large Gas Carrier (VLGC) currently under construction at Hyundai Heavy Industries (HHI) for a purchase price of $83.5 million.   


Maersk Ship the Largest to Ever Call in Israel

The 13,092 TEU Maersk Elba is the largest ship to call in Israel (Photo: Haifa Port Company)

The 13,092 TEU containership Maersk Elba arrived at Haifa Port's Carmel Terminal, becoming the largest ship ever to dock in Israel. Maersk Elba entered the Carmel Terminal Thursday, and was operated on by four STS cranes with an average productivity of 136 containers per ship hour


China Overview: Gas Expansion to Secure Sustainable Growth

Yi Wolfgang Wu, Regional Business Development Manager, DNV GL - Oil & Gas, Greater China, Korea & Japan. Photo: DNV GL

 New research by DNV GL, the technical advisor to the oil and gas industry, reveals that confidence in oil and gas sector growth in China in 2017 has fallen sharply from 61% last year to 23% - lower than global opinion (32%).   


Malaysian Oil Sector Rebalances Portfolios

Hernando Caceres, Country Manager Malaysia, DNV GL – Oil & Gas. Photo: DNV GL

 New research by DNV GL, the technical advisor to the oil and gas industry, has revealed that confidence in growth in the Malaysian oil and gas sector has tumbled since 2014, from 96% to 21%, with tough, short-term, cost-cutting efforts expected to increase in 2017.   


Containership Deliveries: Turning A Corner?

Graph: Clarkson Research Services

 Containership deliveries changed course in 2016, toppling from the record level of 1.7m TEU in 2015 to reach just 0.9m TEU, having previously increased each year between 2011 and 2015, says a report from Clarkson Research Services.  






 
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