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Regulatory Environment

Improving Vessel Efficiency a Focus at GL North America Meeting

Germanischer Lloyd’s (GL) North American Committee, considered current topics & challenges to the shipping industry at its recent Texas meeting. The challenge of improving vessel efficiency heads the agenda of every ship owner and operator. With sailing speeds reduced across the board, fuel efficiency has become the biggest lever to increase cost competitiveness. Both regulatory agencies and the industry are developing mechanisms to improve efficiency and in 2013 the IMO’s EEDI and SEEMP regulations will enter into force, in an effort to spur innovation and reduce CO2 emissions. David Greening of Seaspan, one of the world’s largest independent containership companies, set out his firm’s response to the challenge of rising bunker prices and a tighter regulatory environment. Seaspan was investing in highly efficient designs for new vessels, while undertaking a system to improve operational energy use, including draft and trim optimization, and using vessel based monitoring to track KPIs. In a multi-tier market that differentiates between vessels based on their efficiency, improved energy use can result in significantly improved employment opportunities and earnings. One under utilised area in shipping to realise such gains is the implementation of software systems. Kristinn Aspelund, of GL partner firm Marorka, examined some of the systems available to owners and operators to boost efficiency and cut fuel use.


New MITAGS Course on Environmental Regs

The Maritime Institute of Technology and Graduate Studies (MITAGS) and Pacific Maritime Institure (PMI) announced their upcoming “Introduction to the Maritime Environment and EPA General Permit” Course. With the introduction of the Vessel General Permit the EPA has captured an estimated 70,000 additional regulated units that have previously been exempt from permitting requirements in U.S. waters. This new universe of permitees, while previously subject to many international


Voyager Distribution Network Expands

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Global Navigation Solutions announced that Voyager is now offered by all members of the Global Navigation Solutions maritime services group. Ship operators looking for the state-of-the-art route planning, intelligent data management and quality of compliance provided uniquely by this new digital chart management system can now obtain Voyager from any company within the Global Navigation Solutions group worldwide.


Shell Withdraws from Arctic Exploration

Fennica, an icebreaker vessel deployed by Shell in the Arctic (Photo: Arctia Shipping)

Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky. Shell has spent about $7 billion on exploration in the waters off Alaska so far and said it could take a hit of up to $4.1 billion for pulling out of the Chukchi Sea for the "foreseeable future".


ABS Elects Tony Nassif as Executive Vice President

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In response to its continued global expansion, leading international classification society ABS has strengthened its executive leadership team with the election of Tony Nassif as Executive Vice President and Chief Operating Officer of the society. The election was made by the ABS Board of Directors at its meeting this week. Nassif moves to ABS from his position as President and CEO of the society’s wholly owned affiliate, ABS Group of Companies Inc.


Consolidation Likely as U.S. Oil and Gas Operators Grapple with New Regulation

New research reveals the impact of post-Macondo reform U.S. oil and gas professionals are losing their appetite for risk and are worried about rising operating costs, as they grapple with the consequences of a tougher, post-Macondo regulatory regime, according to new research published today by GL Noble Denton. Despite the new regulations, the vast majority believe that the U.S. will continue to be a leading investment destination


U.K. Shipping Minister Addresses Global Maritime Race

Shipping Minister Stephen Hammond

Shipping Minister Stephen Hammond MP has just returned from a Greek-British Shipping Forum where he addressed Greek businesses. Here he writes, exclusively for Maritime U.K., on the success of the event and the importance of Britain’s growing shipping industry. I was pleased to be invited to give the opening speech at the Greek-British Shipping Forum in Athens on Monday, alongside the Greek Maritime Minister Mr. Mousouroulis


Safety: It's All About Culture

We in the passenger vessel industry strongly believe in safety. We want our operations to be safe to ensure the well-being of our crew and passengers and the protection of our assets. We work hard to establish appropriate safety policies and programs and we train and drill crew to ensure that we are all aware of the need to be safe and to appropriately respond when an accident does occur.   But as we do these things


Drilling Moratorium Suspended with Higher Standards

On October 12, Secretary of the Interior Ken Salazar determined it is appropriate that deepwater oil and gas drilling resume, provided that operators certify compliance with all existing rules and requirements, including those that recently went into effect, and demonstrate the availability of adequate blowout containment resources. Secretary Salazar reached his decision after reviewing a report from Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEM) Director Michael R


Salazar Announces Regs to Strengthen Drilling Safety

The Department of the Interior announced on Sept. 30 two new rules that will help improve drilling safety by strengthening requirements for safety equipment, well control systems, and blowout prevention practices on offshore oil and gas operations, and improve workplace safety by reducing the risk of human error. “These new rules and the aggressive reform agenda we have undertaken are raising the bar for the oil and gas industry’s safety and environmental practices on the Outer


Samsung Heavy Loses $4.6-bln FLNG Order

Photo: Samsung Heavy Industries Shipyard

 South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied natural gas (FLNG) units from oil and gas giant Royal Dutch Shell Plc.  


ECSA Looks Forward to Improvement of Shipping Conditions in Arctic

Photo: The Whitmore Group

 European shipowners believe that the three priority areas of the new EU Arctic Policy Communication published by the Commission this week address all topical Arctic matters. Climate change and environment, sustainable development and international cooperation in the Arctic are equally


ExxonMobil Starts Production at Point Thomson

Point Thomson reservoir holds an estimated 8 trillion cubic feet of natural gas and 200 million barrels of natural gas condensate, a high quality hydrocarbon similar to kerosene or diesel Courtesy ExxonMobil

ExxonMobil said today it has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. Central pad facilities are designed to initially produce about 5,000 barrels per day of condensate and 100 million standard cubic feet per day of


NOIA Elects McEvoy, Chairman Welch Vice Chair

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The National Ocean Industries Association (NOIA) Board of Directors has elected Kevin McEvoy as Chairman and Dave Welch as Vice Chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting today in Washington, D.C.  


Indonesian President Visits IMO

The visit by Indonesias President Joko Widodo (right) was part of Lim’s initiative to raise awareness of IMO within the broader audience of global leadership (Photo: IMO)

Indonesia’s President Joko Widodo on Tuesday addressed the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) in London at the invitation of IMO Secretary-General Kitack Lim. The visit was part of Lim’s initiative to raise awareness of the


AWO President Champions the Jones Act

Tom Allegretti (File photo)

On April 14 in testimony before the Coast Guard and Maritime Transportation Subcommittee of the House Transportation and Infrastructure Committee, Tom Allegretti, President & CEO of The American Waterways Operators (AWO), will press for continued defense of the Jones Act and a uniform federal


Bureau Veritas Approves FPSO Composite Repair System

Photo: Bureau Veritas

Classification society Bureau Veritas has approved in principle the repair of offshore structures using the bonded composite product Coldshield, developed by Paris-based start-up Cold Pad. Coldshield is a composite structural reinforcement specifically developed for the harsh environments of


Wärtsilä's Hatley Joins 'Society for Gas as Marine Fuel' Board

John Hatley (Photo: Wärtsilä)

John Hatley, Vice President, Wärtsilä Marine Solutions in America, has been elected to the Board of Directors of the Society for Gas as a Marine Fuel (SGMF). Wärtsilä has long been at the forefront of developing technologies to make possible the use of gas as a marine fuel


Clough Wins Woodside Contract

Image: Woodside Energy Ltd

 Perth-based Clough has been awarded an engineering services contract by LNG operator Woodside Energy.    The contract covers the full spectrum of engineering services including concept and feasibility studies, front-end engineering and design (FEED)


Logistics Mergers Up, Says KPMG

Image: KPMG

 Auditor KPMG says that the mergers and acquisitions (M&A) in the Transport sector will supersede the levels seen in 2015 this year.   In 2016, mergers and acquisitions (M & A) in the Transport sector will supersede the levels seen in 2015 by exceeding the £ 52 billion


CMA CGM Pays Tribute to Zaha Hadid, Architect of CMA CGM Tower

Photo: CMA CGM Tower

 CMA CGM, a leading worldwide shipping Group, pays tribute to Zaha Hadid, who sadly died on March 31st. Zaha Hadid a renowned architect and 2004 Pritzker Prize Winner, completed the CMA CGM Tower in Marseilles as one of her major projects.  


New Emissions Analyzer with Upgraded CO2 Measurements

E8500 PLUS emissions analyzer (Photo: E Instruments International, LLC)

The new E8500 PLUS emissions analyzer from E Instruments International, LLC is a complete portable tool for EPA compliance level emissions monitoring and testing. This model has been upgraded to measure up to 50 percent CO2 using an NDIR sensor


Digital Marine Acquires Jeppesen's Marine Division

Digital Marine Solutions announced today it has signed a purchase agreement to acquire the marine division of Jeppesen, subject to regulatory approval. Under the terms of the agreement, the former Jeppesen Marine will operate as a separate entity with its own dedicated resources and will trade


IBIA Joins Trident Alliance for Global Sulphur Cap

Photo: IMA

 With the introduction of the 0.50% Global Sulphur Cap is drawing near and very little attention is being paid to how it will be enforced, the International Bunker Industry Association (IBIA) has joined hand with the Trident Alliance to share serious concerns about the future enforcement of


ClassNK Gains USCG Authorization Under ACP

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The United States Coast Guard (USCG) has authorized classification society ClassNK to participate in its Alternate Compliance Program (ACP) in addition to granting the authorization to carry out statutory surveys for U.S.-flagged ships in 2011.  






 
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