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.
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
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.
VGM Generation services will be offered to enable supply chain partners to comply with new IMO SOLAS regulations The Hague, Netherlands - With just 50 days until SOLAS Verified Gross Mass (VGM) comes into force APM Terminals is taking the lead to ensure a smooth transition into the new regulatory environment facing over 120 million containers entering the international supply chain. Under international law from 1st July
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.
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".
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
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
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
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
Three new guides that will support States to effectively implement IMO-adopted mandatory energy-efficiency measures for shipping have been rolled out during a training under the Global Environment Facility (GEF)-United Nations Development Program (UNDP)-International Maritime Organization
The Royal Bank of Scotland has begun winding down its global shipping finance business, it said on Tuesday, ending efforts to sell it amid a worsening downturn across the freight industry. Chief Executive Ross McEwan is battling to complete a restructuring
ABS, a provider of classification and technical services to the marine and offshore industries, has updated the ABS Guide for Ballast Water Treatment to support industry in the design and installation of ballast water management solutions that meet both regulatory and operational requirements.
A consortium of global and domestic funds, backed by investors including China Investment Corp, agreed to buy Australia's busiest port for a higher-than-expected A$9.7 billion ($7.3 billion), a sign that tough equity markets are helping fuel appetite for infrastructure.
RSC Bio Solutions’ FUTERRA is an environmentally acceptable lubricant (EAL) made from a renewable base oil derived from plant matter. FUTERRA was developed to address industry demand for enhanced sustainability combined with superior performance in critical areas such as
i-Tech's CEO Philip Chaabane is intent on keeping hulls clean, one barnacle at a time. Please provide a brief personal/professional background, with insight on how you’ve come to occupy the CEO seat at I-Tech. I have a Swedish and French MSc in Engineering and have spent some six
At the annual International Chamber of Shipping (ICS) Conference in London (September 7) – in the presence of IMO Secretary-General, Kitack Lim – the new ICS Chairman, Esben Poulsson, suggested that the shipping industry must respond proactively to three major challenges:
At the SMM 2016 in Hamburg, Transas CEO Frank Coles delivered the company's standpoint on the future of maritime operations. Coles opened the forum by summing up the situation of maritime technology market today, stating that, “Our industry today is awash with innovation, big data
At the annual International Chamber of Shipping (ICS) Conference in London today (7 September) – in the presence of IMO Secretary-General, Kitack Lim – the new ICS Chairman, Esben Poulsson, suggested that the shipping industry must respond proactively to three major challenges:
After successfully acquiring a controlling interest in NOL, CMA CGM has consolidated the Singapore-based company since 14 June, says a press release from the company. Singapore’s Neptune Orient Lines (NOL) is the parent company of container carrier APL.
Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Kraken Pte Ltd (Armada Kraken), a wholly owned subsidiary of Bumi Armada Berhad (Bumi Armada)
e-Navigation and the Gulf Area: meeting information needs where blue water, brown water and port facilities interact San Jacinto College and the Seamen’s Church Institute will host e-Navigation Underway (North America) 2016, the third in the annual North American series of
Classification society Lloyd's Register has bestowed the "ECO Notation" designation on the new Carnival Vista, marking the first Carnival Cruise Line ship to achieve this distinction. The notation recognizes that the cruise line designed
16855 Northchase Drive Houston, TX 77060 Telephone: (281) 877-6774 E-mail: ABS-WorldHQ@eagle.org Website: www.eagle.org CEO/President: Christopher J. Wiernicki The Company: ABS, a leading provider of classification services to the global maritime industry
A national workshop promoting the treaty covering dumping of wastes at sea, the London Protocol, was held in Antananarivo, Madagascar (11-12 August). The workshop, the first of its kind held in the country, is raising awareness of the regulatory framework provided by the