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Ship Disposal

Adonis Sells for More Than $1m

The U.S. Department of Transportation’s Maritime Administration has sold a ship from the Beaumont Reserve Fleet for more than $1million, the first time under the current program that a ship has brought such a price.  International Shipbreaking, Ltd., in , , will pay $1,151,727 for the ship Adonis, now moored at the Beaumont Reserve Fleet site in .  Three other government-owned, obsolete ships are also being sold to the company for an additional $173,297: the , the and the Buyer. These sales stand in contrast to most ship disposal contracts in recent years, which have involved the federal government paying to have its obsolete ships recycled.  High worldwide prices for scrap steel have recently made such ships more valuable to recyclers, who sell the steel and other materials recovered from the ships. Two of the ships being sold, the and the Cape Canaveral, are breakbulk freighters and are located at the James River Reserve Fleet site in .  The was built at the Todd Shipyard in in 1961.  The Cape Canaveral was built at the Avondale Shipyard in in 1963.  When these two ships depart the site for recycling, they will be the 70th and 71st vessel to do so since January of 2001. The Adonis, a liquid-bulk tanker, was built by A.G. Wesser Seeback of in 1966.  The other ship being sold, the Buyer, is also in the Beaumont Reserve Fleet, and was built as a breakbulk vessel by National Steel & SB in in 1960.


Obsolete US Ship Recycling Target Surpassed

U.S. Transportation Secretary visits Suisun Bay in Northern California to celebrate surpassing administration's goal for recycling. Ray LaHood, US Transportation Secretary visited Shuisun Bay for the occasion. In 2010, the Department’s Maritime Administration (MARAD) committed to removing 28 ships from the fleet by September 30, 2012.  To date, MARAD has removed 36 ships, with three more vessels scheduled for removal by the end of the year.


P&O Cruise Division Sees Strong Trading, Advances Plans For U.S Listing Next Year

The cruise arm of Peninsula and Oriental Steam Navigation Co. continues to experience excellent trading conditions, with total capacity up 14 percent this year, company officials said. P&O officials said the cruises division was fully booked at yields consistent on a like-for-like basis with last year's high levels. The outlook for the division next year is "highly positive," with capacity seen increasing by 21 percent, booking 70 percent full for the first half, and yields again good.


NAVSEA Garners Awards

Naval Sea Systems Command (NAVSEA) emerged as a major force in environmental stewardship judging by its impressive showing during a recent series of environmental awards. NAVSEA and its various activities were very well represented on April 30 and May 1 at a series of environmental awards presentation ceremonies on behalf of the Chief of Naval Operations (CNO), the Secretary of the Navy (SECNAV) and the Department of Defense (OSD).


Ship Disposal Encounters Enviro, Political Hurdles

By Joan M. Bondareff and Charles T. Blocksidge In 2001, Congress directed the Maritime Administration (MarAd) to dispose of all obsolete vessels in its inventory by September 30, 2006, and to do so "in the manner that provides the best value to the Government." At present, MarAd has 104 non-retention ships not under contract in three locations around the country-James River Reserve Fleet in Virginia, Beaumont Reserve Fleet in Texas, and Suisun Bay Reserve Fleet in California


ATLAS ELEKTRONIK Enhances SeaFox Systems

Atlas_COBRA 2 web.jpg

ATLAS ELEKTRONIK enhance capabilities of its SeaFox Systems with EOD tool COBRA. Bremen/London, 13 September 2011 - ATLAS ELEKTRONIK has recently teamed with ECS Special Projects Ltd. to exclusively provide the EOD tool COBRA for the ATLAS SeaFox Sys-tem. The COBRA (Clip-On BX-90 Re-loadable Assembly) can be fitted to the re-usable SeaFox vehicle offering Explosive Ordnance Disposal (EOD) capability from surface to 300m


Engineer Pleads Guilty to Pollution Charge

Duk Jo Jeong, a first assistant engineer of a Toyota car carrier ship, pled guilty to making a false statement to the United States Coast Guard concerning the disposal of waste oil aboard the Cygnus. The Cygnus car carrier ship which transported automobiles between Japan and the United States. Jeong was immediately sentenced to two years of probation by Judge Garr M. King; he will then be deported to Korea. Judge King noted that Jeong, a Korean national


Hearing on Disposal of Ghost Fleet

The Senate Commerce Committee released testimony of various witnesses who spoke at the hearing conducted by the Surface Transportation and Merchant Marine Subcommittee on July 7, 2003. Maritime Administrator William G. Schubert


News: More Ghost Fleet Ships Contracted for Scrap

The U.S. Maritime Administration (MarAd) recently awarded a contract for the disposal of obsolete ships in the James River Reserve Fleet. Post-Service Remediation Partners (PRP) of New York will be awarded a payment of $14.8 million to remove a total of 15 ships from the James River Reserve Fleet. This is the largest removal of obsolete ships in a single year from the National Defense Reserve Fleet since 1993. "As stewards of the environment


FSL Sells Stake in Torm

Photo courtesy of Torm

FSL Trust Management has sold its entire shareholding in Denmark-based Torm, the company announced Friday.    The sale of over 18 million shares generated $2.63 million for FSL. FSL gained $1.71 million from the initial investment in the shipping company, which was part of a restructuring of nonperforming bareboat contracts in 2012.   The gain will be listed in FSL's first quarter accounts. FSL performed the disposal during a short term spike in Torm share prices between


Norway’s DSD Shipping in Second US Indictment

Pic: DSD Shipping AS

 Norwegian firm Det Stavangerske Dampskibsselskab AS (DSD Shipping), and four of its employees, are now under three-count indictment returned by a federal grand jury in Lafayette, LA, all relating to alleged environmental crimes and their cover ups.  


Russia Builds Yasen-class Submarines

Photo: Kremlin.ru

 Russia is going to complete building a series of seven Yasen-class nuclear submarines by 2023, says Vladimir Dorofeyev, CEO of the Malakhit Marine Engineering Design Bureau.   According to previous reports, the state armaments program for the period until 2020 envisaged construction


PureNOx Approved for MAN Diesel & Turbo EGR system

PureNOx (Photo: Alfa Laval)

Alfa Laval has become the first company in the world to be approved by MAN Diesel & Turbo to supply a water treatment system, PureNOx, for MAN’s exhaust gas recirculation (EGR) scrubber.  The approval comes with less than a year to go before the IMO Tier III NOx standards take


China Huarong in Distress

The first 6,500-TEU containership from its shipyard: China Rongsheng Heavy

 China Huarong Energy Co, formerly known as China Rongsheng Heavy Industries, said in a regulatory filing that a memorandum of understanding on the disposal of assets to an unnamed buyer has expired. Huarong announced in March a potential sale of its core shipbuilding and engineering business


First Retrofit Plant for Drain Water Treatment

For the treatment of drain water by centrifugal separators and decanters, GEA recently delivered the first retrofit plant to a drilling platform in the waters of Alaska. (Photo: GEA)

With two centrifuge skids for the treatment of drain water, GEA’s Business Unit Mechanical Separation, recently delivered the first retrofit plant.   While drilling for oil, drain water collects on the platform in large volumes, which is passed into large tanks together with other


Hull Inspection Systems Delivered to the US Navy

EOD HULS MK19 Systems 4 and 5 vehicles (Photo courtesy of Bluefin Robotics)

Bluefin Robotics has delivered new vehicles to the U.S. Navy that aim to increase the Navy's capability to remotely search and investigate ship hulls, harbor sea floors and other underwater infrastructure for limpet mines, Improvised Explosive Devices (IEDs) and other objects of interest.  


MISC may Sell AET Tanker Holdings

Eagle Kuching. Vessel Type: Aframax. By AET

  MISC Bhd  is selling AET Tanker Holdings Sdn Bhd, which owns a fleet of 74 crude oil and product tankers, to US-listed Teekay Tankers Ltd, reports local media.   AET is a wholly-owned subsidiary of Malaysia's MISC Bhd. and a major global shipowner and operator with a fleet of


IMO Calls for Environmentally Sound Ship Recycling in Bangladesh

Image by International Maritime Organization (IMO)

 The  International Maritime Organization (IMO) and the government of the People’s Republic of Bangladesh are jointly implementing a project entitled “Safe and Environmentally Sound Ship Recycling in Bangladesh – Phase I” (in short SENSREC Project –


M-I SWACO Unveils Fluid, Cuttings Separator

SCREEN PULSE Fluid and Cuttings Separator

  M-I SWACO, a Schlumberger company, announced today the release of the SCREEN PULSE fluid and cuttings separator. Easily installed onto new or existing shale shakers, the fully pneumatic system delivers drilling fluid recovery of up to 30 bbl per day and an average drill cuttings waste


US Navy Settles Environmental Violations

A settlement between the U.S. Environmental Protection Agency and U.S. Navy will help reduce potentially harmful discharges of ozone-depleting substances and ensure the safe storage and disposal of hazardous waste at the Naval Station Norfolk in Virginia


US Sen. Murkowski Plans Bill to Kill Oil Export Ban

U.S. Senator Lisa Murkowski

U.S. Senator Lisa Murkowski said on Thursday she will unveil a bill next week to reverse the U.S. oil export ban in an effort to build support for killing the 1970s-era restriction that drillers say threatens to choke the domestic energy boom.  


Subsea 7 to Slash Workforce, Cull Fleet

Photo courtesy of Subsea 7

Oil services firm Subsea 7 plans to cuts its workforce by close to 20 percent and reduce its fleet of 39 by up to 11 vessels as global oil and gas firms continue to cut spending after the plunge in crude oil prices. Subsea 7, which focuses on the North Sea but has a global operation


Oil CEO Hamm Sought Ouster of Scientists Looking at Quakes

Earthquake Photo Oklahoma Geological Survey

  Oilman Harold Hamm, CEO of Continental Resources Inc., told a University of Oklahoma dean last year that scientists studying links between oil drilling and earthquakes should be dismissed, Bloomberg News reported on Friday. Bloomberg


Keppel hands over Runcorn Energy-from-Waste Facility Phase 2

Energy from waste Photo Keppel Corpn

  Keppel Seghers Belgium N.V. and Keppel Seghers UK Limited (collectively, Keppel Seghers) have handed over Phase 2 of the Runcorn Energy-from-Waste (EfW) facility, in the UK, to the client. Runcorn EfW comprises two phases of equal capacity


Trafigura Fixes 6 Voyage Charters from Golar LNG

Swiss trader Trafigura has taken up to six liquefied natural gas (LNG) vessels from Norwegian shipping company Golar LNG, likely on a single-voyage basis to transport cargoes, trading and shipping sources said. The vessels are to be put at Trafigura's disposal from now through August or






 
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