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Pressure Vessel

Germanischer Lloyd Gains Approval

In time for the effects of the Pressure Equipment Directive (PED) 97/23/EC, Germanischer Lloyd (GL) has been accredited by the Central Authority of the Laender for Safety (ZLS) and approved by the EU Commission as a notified body with the identification number 0098. This new certification allows GL to provide services required by the Pressure Equipment Directive, such as design and type examination, material appraisal, quality system certification, and product inspection and testing. The Directive 97/23/EC governs the placing on the common European market of pressure vessels, steam boilers, piping, and valves and safety devices.


OMEGA Introduces Digital Temperature Transmitters

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Omega’s new PRTXB and PRTXAL series are 2-wire transmitters that provide 4 to 20 mA signal representing temperature linearized. This product features a 316 Stainless Steel RTD Probe that capture minimum and maximum readings. Selectable units and an auto shutoff time feature is available for battery powered models (PRTXB and PRTXBL).  Units with alarm outputs are available too. Ideal for Food Processing, Automotive-Engine Testing, HVAC, Lab Use, water bath temperature monitoring


Subsea 7 Completes First Autonomous Inspection Vehicle

Subsea 7, a provider of seabed-to-surface engineering, construction and services, announced that it has completed the design and build of the first commercial AIV, a technology which has the potential to revolutionise Life-of-Field projects.   Subsea 7 has an ambitious plan to develop a series of Autonomous Inspection Vehicles (AIV), initially capable of general visual inspection, through to fully capable work-class sized intervention vehicles


Ocean Works Helps Increase VENUS Ocean Observatory Capability

Photo credit OceanWorks

OceanWorks International has produced the SIIM-375, a mini-Node variant of the Subsea Instrument Interface Module (SIIM) for the VENUS observatory. VENUS, the coastal network of the Ocean Networks Canada (ONC) Observatory, is a cabled undersea laboratory for ocean researchers and explorers. VENUS delivers real time information from seafloor instruments via fibre optic cables to the University of Victoria in British Columbia, Canada


Gulf Island Fab Reports Q1 2014 Revenue Increase

Image courtesy of Gulf Island Fabrication

Houston headquartered Gulf Island Fabrication, Inc. reported net income of $3.5 million ($0.24 earnings per share) on revenue of $134.7 million for its first quarter ended March 31, 2014, compared to net income of $2.8 million ($0.19 earnings per share) on revenue of $150.4 million for the first quarter ended March 31, 2013. The company had a revenue backlog of $271.4 million and a labor backlog of approximately 2.5 million man-hours at March 31, 2014


RINA Group Widens Gas Sector Services

International classification, certification and engineering group RINA said it has widened its services to the global gas industry. While its traditional classification society arm RINA Services has recently approved a new Compressed Natural Gas carrier to aid the exploitation of marginal fields, the groups’ engineering arm, D’Appolonia, is delivering geotechnical, social and environmental services to the Mozambique LNG development.  


Now the Carousel Ship

Technical proposals for the shipment of natural gas under compression rather than in the refrigerated, liquefied state have surfaced from time to time over the years, but have received a lukewarm response from the marine industry. The considerable cost of the shipboard containment methodology has been a major stumbling block. Now, a Canadian engineering contractor has come up with an altogether more economic solution to the cargo carrying needs of compressed natural gas (CNG)


TNG: Talleres Navales Del Golfo

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Talleres Navales del Golfo (TNG) shipyard at Veracruz, Mexico was originally developed as a new construction facility, but the shipyard has successfully transferred to ship repair facility with an emphasis on steelwork repair contracts.  As a result of recent success in repair operations, the shipyard is currently embarking on a major development and restructuring of the shipyard, with a view to rationalizing the facilities and expanding its repair capabilities.


American Sensor Technologies Achieves ATEX Certification

ATEX-Approval-43&46 Series

  American Sensor Technologies, Inc. (AST) has achieved ATEX certification of its Explosion Proof Pressure Transmitters for Class I Zone 0 Exd hazardous locations. The added approvals enhance the ability for equipment manufacturers to specify AST pressure transducers as the sensors can now operate in both North America and Europe. AST Explosion Proof Pressure Transducers are commonly used in upstream and offshore applications where safety, reliability and performance are crucial


ESAB Weldcloud for Higher Productivity

The factory of the future is online, automated and highly productive through the use of data management systems such as ESAB’s WeldCloud

  Secure, robust, flexible, scalable and future-proof, the new ESAB WeldCloud online data management platform works with ESAB’s Aristo Mig semi-automatic, Aristo Mig 5000iR robotic and LAF/TAF sub arc welding systems. Users can purchase these systems WeldCloud-ready, and ESAB can retrofit most existing systems with a communication module. Much more than data recording systems, Weld Cloud integrates with other customer systems (ERP, MDM, MRP, QA, etc


Shipping Woes: DVB Bank Posts Loss

Pics: DVB Bank

 Shipping Financier DVB Bank reported a consolidated net loss before taxes of EUR 135.3 million ($142.4 miln) for 2016 (previous year: consolidated net income of EUR 46.1 million).    Since DVB Bank SE, the parent company of the DVB Bank Group


Asia Tankers-VLCC Weighed by Excess Tonnage

File Image (CREDIT: AdobeStock)

MidEast, West Africa rates diverge; oil output curbs in Iraq and West Africa could weigh on tanker market.   Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure with hire rates from the Middle East to Asia tracking lower in the face of excess tonnage in


Top LNG Buyers Form Alliance to Push for Flexible Contracts

© akiyoko / Adobe Stock

The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers.   Korea Gas Corp (KOGAS) said on Thursday it had signed a memorandum of understanding in mid-March with


Poseidon Meets Substantial Water Needs

Photo: FCI Watermakers

Large offshore vessels and drilling platforms have atypical water demands. Daily personal use often pales in comparison to shipboard and production operation needs. FCI Watermakers' high-output Poseidon+ produces 54–103m3/14,265–27,210 gallons of fresh, pure water per day.  


Wilhelmsen Reports Positive Results

Photo: Wilh. Wilhelmsen ASA

 2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter.   Adjusted for non-recurring items, WWASA also recorded an uplift in operating profit


Marine Contracts Hits Low, Says Wartsila's CEO

Jaakko Eskola. Photo: Wärtsilä

 In the marine markets, contracting activity fell to an exceptionally low level, Jaakko Eskola, President & CEO, Wärtsilä said in the annual report 2016.   The majority of the volume decline was seen in the shipping industry


Charting the Consolidation of Container Shipping

Graph: Clarksons Research

 Last year saw a huge amount of change in the under pressure container shipping sector, according to Clarksons Research report. In particular, the ongoing consolidation of the sector in one form or another grabbed the headlines. To put this into context


The Offshore Markets: 2016 In Review

Expectations at the start of the year that 2016 would be a tough one for the oil industry, and in particular for offshore, were on the whole fulfilled, says Clarksons Research report.   Overall upstream E&P spending globally fell for the second successive year


Oversupply Pressure on LPG Shipping Rates

Graph: Drewry Shipping Consultants Limited

 The LPG shipping trade will continue to grow at a healthy pace on the back of strong Asian demand, but fleet growth will outpace it, keeping rates under pressure in 2017, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.  


ECSA Takes Stand in GHG Emissions of Shipping

Photo: ECSA

 European Community Shipowners’ Associations (ECSA) regrets that European port and cargo interests have come out in favour of the European Parliament’s position to conditionally include shipping in the EU Emission Trading Scheme as of 2023 if the International Maritime


MOL Invests in Self-Elevating Platform Vessel Operator

One of the world’s largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL, following FPSO(*2), FSRU (*3)


Shell LNG Tanker Damaged in Collision off UAE

The Al Khattiya liquefied natural gas (LNG) tanker, one of the world's largest, suffered damage to its hull in a collision with an oil tanker off the United Arab Emirates last week, operator Royal Dutch Shell said on Tuesday.   Sitting empty off the UAE port of Fujairah


Baltic Index Snaps 9-day Winning Streak on Weaker Capesize Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, tumbled on Tuesday, snapping a nine-session winning streak, as capesize vessel rates dropped. The index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels


Battles and Building Blocks in Liner Market

Table: Clarksons Research

 Clarksons Research has released 2016 liner market review. After another year of extremely difficult market conditions, many would forgive liner sector players for an air of resignation.    However, despite a challenging freight market


Asia Tankers-VLCC Rates Uncertain on Tonnage Woes

File Image (CREDIT: AdobeStock)

MidEast tanker rates fall to $22,000 a day, below breakeven; 52 VLCCs to be delivered this year, highest since 2011.   Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an uncertain direction next week as refinery maintenance and excess






 
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