New Report

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, informs the 'Barents Observer'. The amount of cargo transport of raw materials through the Barents Sea is already at a significant level.  Russia’s increased activity in the Arctic, the growth of commercial traffic through the northern sea route and more offshore petroleum activity in Russia are all important factors to the expected growth in traffic from Northwest Russia through the Barents Sea. Murmansk is probably the port which has had most of the growth, with a doubling of the cargo flow since 2003. The growth in international cargo transport to and from Russia through the Barents Sea has become a big challenge for Russian ports. At the same time there are well developed ports in Northern Norway, with access to a good transport infrastructure, there are available areas and a good capacity to handle the increased amount of cargo.

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

New Reporting Requirements for Ships

Most Ships entering U.S. ports will have to provide 96-hour advance notice of arrival (NOA) to the U.S. coast Guard along with crew, passenger, and cargo information under new rules that went into effect October 4. A 24-hour advance notice has been the requirement for ships calling at U.S. ports. As a result of the September 11 tragedy, ships have been directed by U.S. Coast Guard order to provide advance notice plus detailed information about crews, passengers and cargoes.

U.S. Ranks Second in Maritime Container Traffic

The United States ranks second in world maritime container traffic with one in nine maritime containers in the world either bound for or coming from the United States, according to “America’s Container Ports: Delivering the Goods,” a new report from the Bureau of Transportation Statistics (BTS). BTS, a part of the U.S. Department of Transportation’s Research and Innovative Technology Administration, reported that U.S

New Report Finds LNG Future Bright

The new report “The Drewry Annual LNG Shipping Market Review and Forecast” finds one sector of shipping with a bright future. The last thirty months has seen a massive surge in interest in the previously conservative LNG business with unprecedented levels of ordering activity for new vessels, much increased interest in new supply projects and new/expanded, terminals. With a growing fleet and more trading opportunities, the traditional structure of shipping could gradually be

Northrop Grumman Announces Leadership and Organizational Changes

Northrop Grumman Corporation announced a strategic realignment of several of its operating sectors to enhance the company's support to its customers, better utilize its capabilities and resources and drive operating improvements. The company stated that its two shipbuilding sectors, Newport News and Ship Systems, will be realigned into a single sector called Northrop Grumman Shipbuilding, effective Jan. 28, 2008. In addition

Strong Growth Forecast for Offshore Operations & Maintenance

Over $335 billion worth of expenditure is expected over the next five years on offshore operations and maintenance, according to a new report, The World Offshore Operations & Maintenance Market Forecast 2012-2016, by Douglas-Westwood. “In 2011, demand for offshore operations & maintenance services totalled $52.5 billion, having grown at a compound rate of 6.3 percent over the past five years,” said Jenny Harbour, author of the report

Report: Offshore Wind Spending to Reach €51

Douglas-Westwood Forecast €51 billion Offshore Wind Spend      Over €51 billion is expected to be spent on new offshore wind installations over the next five years, according to a new report by international energy business advisors Douglas-Westwood.  The World Offshore Wind Market Forecast 2012-2016 reveals that the world will see new installed capacity amounting to 15 GW over the period

ASCE to Release New Report Detailing Trade Impacts

ASCE to Release New Report Detailing Trade Impacts of Failing to Invest in America’s Seaports/Inland Waterways. Engineers, International Trade and Ports Experts to Outline Modernization Needs; Opportunities for Job Creation The nation’s seaports and inland waterways are critical links that make commerce possible. With the expansion of the Panama Canal by 2015, these facilities require rapid modernization

Planned Floating Production Projects Hits All-Time High

IMA has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 47th in a series of IMA reports on the deepwater production sector that began in 1996. Some highlights from the new report are below. Order backlog for production floaters at all-time high – 74 production floaters are currently on order