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GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.S. Maritime Trade -- are gaining steam. A new report from the Government Accounting Office (GAO) will surely add fuel to the "export oil" fire now, as GAO reports that U.S. consumers could save on gasoline if the ban on crude oil exports were lifted, even if such a move creates uncertain environmental risks. Allowing more domestic fuel to reach the global energy market would probably boost the national economy and ease the U.S. trade deficit, but other implications are less clear, the GAO said.   Many analysts predict that erasing the export ban would boost global fuel supplies by millions of barrels of crude oil daily and that consumers would benefit, said the report.   "Removing crude oil export restrictions is likely to increase domestic crude oil prices but decrease consumer fuel prices," the report says.  (Staff & Reuters)


Shipbuilding & Repair in Asia: New Market Report

Research and Markets has added "Ship Building & Repair (Asia)" report to their offering. The new report includes an analysis of the top 1000 companies in the field, including Daewoo Shipbuilding & Marine Engineering, Daehan Shipbuilding, Ihi Marine United. This report provides a detailed overview of the Ship Building & Repair (Asia) market and delivers a comprehensive individual analysis on the top 1000 companies


Jeppesen Updates VVOS Software

VVOS 2.3 Screenshot 5 - Route avoiding North American ECA (Eric Haun) copy WEB.jpg

Jeppesen has launched updated versions of its Voyage and Vessel Optimization Solution (VVOS) and FleetManager software.   VVOS Version 2.3 voyage optimization product is enhanced by incorporating Emission Control Area (ECA) boundaries and adding restricted RPM zones. FleetManager Version 1.4, a shoreside fleet management product, also features improved performance analysis and reporting tools. Jeppesen FleetManager 1


Rhonda I. Zygocki Retires from Chevron

Chevron Corporation announced today that Rhonda I. Zygocki, executive vice president, Policy and Planning, has elected to retire from the company after 34 years of outstanding service effective Feb. 1, 2015. The company also said it is making new reporting assignments for several executives. "Over the course of her career, Rhonda made many significant contributions to our business and distinguished herself as one of our most versatile and proven leaders," said John Watson


Report: Growth Anticipated in the OSV Market

Photo: Bourbon

New report covers market trends to 2019 for global offshore support vessel (anchor handling, towing and supply vessel, platform supply vessel, multipurpose service vessel, crew vessels, standby and rescue vessels, others)   The global offshore support vessel market is expected to grow owing to the need to satisfy rising marine logistics demand. The lucrative and high-investment areas of offshore regions such as North Sea, U


Australia's New Shipping Laws Threaten Loss of Jobs

Image credit:  Shipping Australia

 The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says.   More than nine in 10 domestic seafarers will lose their jobs if the Abbott government's plan to relax shipping regulations passes Parliament, report written by the Australia Institute suggests.   Less than 100 seafarers would remain in employment out of a current workforce of 1177, according to a report written by the Australia Institute


Intergraph Unveils IntelliShip 6.0

Intergraph Corporation announced the newest version of its advanced IntelliShip(r) software for shipbuilding. The 6.0 version of IntelliShip provides new capabilities and enhancements in ship molded form design, manufacturing planning, structural manufacturing and drawings along with improved performance in these respective areas. The IntelliShip 6.0 release, available now, represents Intergraph's continued commitment shared with clients and


Barents Sea Cargo Traffic – New Report

New report indicates Increased activity in the Russian Arctic requires better cooperation between Russian & Norwegian ports The report “Development of marine Russian-Norwegian trade facilities in Northern Norway” has studied the development potential for the main ports of northern Norway. The report  is written by Norwegian Akvaplan Niva and the St. Petersburg company Gecon, with support from the Norwegian Barents Secretariat and Maritime Forum


Government Urged to Improve UK Port Intermodal Links

Image courtesy of UK Parliamentary Transport Committee

The Department for Transport (DofT) must become a keener advocate for UK ports, urges the Transport Committee, in a new report looking at policy for improving road and rail access to ports. Launching the report, Louise Ellman, Chair of Transport Committee, said: “The Department has brought forward a new high-level strategy on ports, but ministers must now provide more detail about how it will be implemented to prioritise the removal of constraints to port development caused by


Report Maps North Sea Wind Regulations

Photo: DMA

A new report maps the regulations and industry standards applicable to maritime operations in the offshore wind sector of Denmark, the U.K., Germany and the Netherlands.   The report, which was drawn p by DNV GL for the Danish Maritime Authority (DMA), focuses on the need to harmonize the regulations of the offshore wind industry. Harmonized regulations in the maritime area could contribute to the competitiveness of shipowners and eliminate any unnecessary administrative burdens.


Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?

FPSO per iStock WEB.jpg

IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector.  The new report – the 19th annual floater market forecast prepared by IMA since 1996 -- provides our forecast of orders for floating production systems between 2016


Methanol a Viable Marine Fuel -Report

Stena Germanica (Photo: Stena Line)

Methanol has a "historic opportunity" as a marine fuel, according to a new report published today by research group FCBI Energy.   Despite having many attributes that make methanol an attractive, low-emissions marine fuel, it has sometimes been overlooked in policy and industry


U.S. Seaports: Cargo Volumes Rise 3.1%

(Photo: Greg Trauthwein)

Seaports are seeing a steady rise in waterborne cargo volumes according to new numbers from U.S. Army Corps of Engineer’s report. Overall, 2014 freight tonnages increased 3.1 percent over 2013 totals. The Corps of Engineers’ Waterborne Commerce Statistics Center tracks the commercial


N.Korea Shipper Skirts UN Sanctions, Gets Port Access

A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors.   The U.N. Security Council's Panel of Experts on North Korea


Working Toward a Low Carbon Future

Paul Floren (Photo: GE)

Recently, Pilita Clark, the Environment Correspondent at the Financial Times, wrote a very interesting article about a new report, ‘The New Climate Economy’, which I would highly recommend reading. The New Climate Economy was commissioned in 2013 by the governments of seven countries:


Chinese Slowdown Hitting Container Shipping

Image: The Hanjin Group

 The slowdown in China’s economy poses some risks for container shipping, according to Drewry Maritime Research.   According to a new report from Drewry Shipping Consultants Ltd, the risks from a slowdown in Chinese consumption to container shipping are far smaller than for the


Can't Touch This: The Climate Case Against Arctic Drilling

Photo: White House

 A new report released today by Oil Change International and Greenpeace USA details a clear case against drilling for oil in the Arctic ocean based on climate science imperatives.    The report, “Untouchable: The Climate Case Against Arctic Drilling,” shows U.S


Ballast Water Treatment: Are You on Course for Compliance?

Geoff Taylor

Joined up thinking from two marine technology suppliers addresses impending legislation for Ballast Water Treatment and offers a practical solution for monitoring and recording the correct discharge of ballast water, in real-time. The International Maritime Organizations 2004 Ballast Water


Shipping Lines Cut CO2 Emissions

Graphics: 2014 – 2015 Highlights: CCWG’s data-collection process for 2014 show

 The container carriers have managed to reduce their combined CO2 emissions by around one third since 2009, according to a new report.   Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8


Economic Importance of River Thames

Photo: Totally Thames

 The vital role that the River Thames plays in the economy, the movement of freight and the transport of passengers – and also in the wellbeing of the capital’s residents – has been made clear in two new reports launched by the Port of London Authority (PLA) this week during


Gloomy Outlook for Box Shipping?

Graph: Drewry Shipping Consultants

 As carriers withdraw from unprofitable routes, is there really too little competition in container shipping?   A new report from UNCTAD highlights risks to competition in the container sector, specifically for smaller nations, says Drewry.  


Indonesia Tops in Piracy and Armed Robbery

The main ship-types affected. Graphics by The Standard Club

 The IMB cautions against complacency in its latest report on piracy and armed robbery which covers the period from 1 January 2015 to 30 September 2015, says The Standard Club.   190 incidents have been reported to the IMB in 2015


Deepwater Downturn: Bump in the Road or Long-term Slowdown?

(Image: iStock)

IMA/World Energy Reports has just completed a comprehensive assessment of the five year outlook for the deepwater sector. The new report – the 19th annual floater market forecast prepared by IMA since 1996 – provides our forecast of orders for floating production systems between 2016


Lack of Proper Management Systems Cause Engine Damage

Main Engine Damage. Photo by The Swedish Club

 A new report from The Swedish Club shows that incorrect maintenance and repair continues to be the most frequent cause of main engine damage – a trend which has continued unabated since the Club began monitoring the issue nearly ten years ago.    


Deepwater Downturn: Bump in the Road or Long-term Slowdown?

(Image: iStock)

IMA/World Energy Reports has just completed a comprehensive assessment of the five year outlook for the deepwater sector. The new report – the 19th annual floater market forecast prepared by IMA since 1996 – provides our forecast of orders for floating production systems between 2016






 
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