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 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
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.
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
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 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
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
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 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
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
Global law firm White & Case LLP announced the availability of a new report, "Restructuring & Beyond: The marine industry's routes to safety." The report focuses on survival strategies for those affected by the industry's downturn as well as emerging opportunities for companies
The shipping market is continuously in depression, and the development of China's shipbuilding industry faces huge challenges, says a new report – 'China's Shipbuilding Industry 2013-17' published by Research & Markets. In a newly-issued market research report
Port of Los Angeles officials announced the development of its Energy Management Action Plan (E-MAP) initiative designed to improve energy efficiency at America’s busiest container port. Included in the plan will be the nation’s largest port energy assessment.
Strong revenue growth will continue over the next five years as AUV's (Autonomous Underwater Vehicle) are increasingly used in commercial scenarios predicts IBISWorld's market research. The Autonomous Underwater Vehicle (AUV) Manufacturing industry has generated robust growth over the past five
NOAA presented to the U.S. Coast Guard today a new report that finds that 36 sunken vessels scattered across the U.S. seafloor could pose an oil pollution threat to the nation’s coastal marine resources. Of those, 17 were recommended for further assessment and potential removal of both fuel
More than 50,000 older diesel powered engines were upgraded or replaced between 2008 to 2010 because of Diesel Emission Reduction Act (DERA) funding which resulted in major clean air benefits and fuel savings, according a new report issued today - the “Second Report to Congress: Highlights
Insurers, Lloyd's of London, say in a new report that the cost of dealing with shipwrecks is rising as ships grow in size. The report, 'The challenges and implications of removing shipwrecks in the 21st century', warns that the cost of dealing with shipwrecks is spiralling and the increase in
New report examines evolving trade patterns resulting from the upcoming 2015 Panama Canal expansion The Colliers International report, "CapEx or Capsize," underscores the idea that cities need to spend the capital to upgrade their ports, or risk "capsizing" their economies
The Swedish Register of Shipping is not competitive, and it will probably never be, according to a new report. The report from the governmental Trafikanalys recommends that there should be less focus on rebuilding a fleet under the Swedish flag in future
U.S.-flag shipping on the Great Lakes provides efficient, safe, and environmentally sound transportation services to industries that are the backbone of the American economy finds a report released on February 12 by the U.S. Department of Transportation’s Maritime Administration.
Increased UK drilling and deal activity leads the way back to health in North West Europe says new report. A broader range of tax allowances and a sustained high oil price boosted drilling activity on the UK Continental Shelf (UKCS) by one third in 2012, according to a new report by Deloitte
Market analysis suggests winter demand could cause LNG freight rates to rise but downward pressure might later be forthcoming. Rising LNG prices, almost stagnant liquefaction capacity amid expanding regasification capacity and development of LNG export framework in the USA could prove to be the
ExxonMobil’s 'Outlook for Energy' forecasts new opportunities for international trade and economic growth. The global energy landscape will evolve significantly as regional demand-and-supply patterns shift in the coming decades, creating new opportunities for international trade and
A US East & Gulf Coasts port labor strike could further destabilize international trade says a new report. A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion, rerouting
Traditional shipyards in Singapore are benefitting from booming oil and gas business, as work orders flow in for Floating Production Storage and Offloading (FPSO) and Floating Storage and Offloading (FSO) conversions, states a new report by business intelligence experts GBI Research.