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Kleven to Build Another Rem Arctic Conditions PSV

Arctic design PSV: Image credit Kleven

Norway's Kleven says it has signed a contract with Rem Offshore for the building of a Wärtsila Ship Design PSV specially designed to operate in challenging arctic conditions. They explain that the type VS 485 MK III ARCTIC design includes a number of features for ice prevention and de-icing, and hull and propulsion systems will have ICE-1B class. 'We highly appreciate the close cooperation we have with Rem Offshore, and the fact that they again have chosen to order a new vessel from Kleven,' says Ståle Rasmussen, CEO of Kleven. 'When this vessel gets delivered Q2 2015, it will be vessel number 18 from Kleven to Rem since 2006. It is a unique story,' Rasmussen said. 'Our two organisations know each other very well, ensuring a smooth building process.' 'It is a pleasure for us to be able to use a local ship yard and local suppliers, and our experience with this design is solid,' said ship owner Åge Remøy. About Kleven Kleven Verft in Ulsteinvik, Norway builds advanced offshore vessels. The yard has efficient facilities for early installation and assembly on the slipway. The company uses the module-based building method, and the modules are assembled on the slipway.  


Polarcus Alima travels the Northern Sea Route

Polarcus Alima copy copy.JPG

One of the X-BOW vessels designed by ULSTEIN, the seismic vessel ‘Polarcus Alima’, recently transited to Asia-Pacific via the Northern Sea Route (NSR). This is the first known passage of a 3D seismic vessel along the Northern Sea Route. Her passage commenced on September 15 from Hammerfest in Norway after completion of seismic operations in the Barents Sea. After only nine days and 3,000 nautical miles the vessel reached Cape Dezhnev in the Bering Straits


Swedish Marine Insurers: Achieving Stability In A Stormy Market

While the impact of poor freight rates and low oil prices have been felt in all quarters of the Scandinavian maritime industries, the region's hull underwriters and P&I Clubs continue to benefit from the relatively strong domestic shipping and energy sectors. Scandinavian marine insurers have demonstrated resilience in challenging market conditions. The global hull market remains in a downswing of unusual severity. As for the P&I sector, the past 12 months have had a nervous character


Investment in Design:The Rising Value of Propulsion Business

Despite a fall in the overall number of vessels forecast to be delivered from shipyards until 2007, the value of the propulsion systems installed in newbuilds is expected to show a rise from 2004, reaching nearly $5-billion by 2007 on the strength of increasing power requirements. A new business study entitled The World Marine Propulsion Report 2003-2007* predicts that newbuild deliveries measured by tonnage will grow by four-percent over the five years


USCG Issues Security Update

The U.S. Coast Guard has collected the following nationwide compliance data on both the international code and the U.S. law. These numbers are current as of noon, July 2, but are not final and are subject to change. ISPS compliance numbers for July 2 Total foreign vessel arrivals on July 1: 228 Number of foreign vessels (included above) inspected and approved before July 1: 131 Number of foreign vessels inspected in port on July 1: 120


Shipowners’ Club Registers Strong 2010 Results

Excellent financial results have been reported by the Shipowners’ Club for the trading year ending February 2011.  Positive growth or improvements across almost all parameters have been recorded, from increased tonnage and numbers of vessels entered, to an up-lift on gross earned premiums to US$196.8 million (up 13% on last year) and an underwriting surplus of US$25.2 million. Chairman of the Club, Donald MacLeod puts the recent success of the Club down to the diversity of its


Oil, Gas Rig Numbers Drop

The number of rigs exploring for oil and natural gas in North America fell by 62 during the week ending September 8, led by a 55 rig decrease in Canada and helped by a seven rig decrease in the United States, according to oil services firm Baker Hughes Inc. The number of rigs operating in Canada fell to 266, compared to 267 a year ago, while the number of rigs in the U.S. fell to 1012, compared with last year's 690, according to Baker Hughes. In the U.S


IMO Updates ISPS Figures

The IMO released ISPS Code implementation figures as of June 16, 2004. To date, 39 governments have provided responses indicating 21,347 ships from those nations are subject to the ISPS Code; 16,570 ship security plans have been submitted to these governments; and 6,127 International Ship Security Certificates (ISSCs) have been issued. Of the 6,117 port facilities identified by these governments, 1,970 have submitted security plans and 663 have been approved


Donjon-Smit Relocates Offices

Donjon-SMIT, an OPA-90 Alliance, has moved its principle office to 909 North Washington Street, Suite 300, Alexandria, Virginia  22314 USA.  The relocation to larger facilities was effected in order to support additional staff required to meet the new U.S. Coast Guard Salvage and Marine Firefighting regulations.   All phone numbers, including the emergency number, remain the same.  The main office number and 24/7 emergency number is 1-703-299-0081


Greek Shipping Numbers Still in First Rank

Despite the decrease in the number of ships, the fleet under Greek management still ranks first in world according to Clarksons. Greece's merchant fleet still ranks first in the world both in number of ships with 20% of the world's fleet, and about 15% of its capacity, according to Clarksons. According to Allied ShipBroking, Greek shipowners were the leaders in ship buying and selling in 2011. The tonnage of merchant ships (over 100 GRT) under the Greek flag increased to 43,397


Crashes in Crucial US Crude Waterway Hit 10-year Low

USCG photo

Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more oil moves on U.S. waterways, official data show, suggesting that better training and equipment are helping avert spills like one in March.


Commodity Giant Steps out of the Shadows

Photo: Trafigura

A detailed new case study scrutinizing the risk-management Swiss-based Trafigura is the latest effort to "demystify" the once-secretive commodity trading industry, just big merchants seek to fill a void being left by Wall Street banks.


Havyard to Build Hybrid Battery Arctic PSV

Arctic PSV rendering courtesy of Havyard

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be designed by Havyard Design and Solutions in Fosnavaag & will be constructed at Havyard Ship Technology`s yard in Leirvik in Sogn


Shipping Turns From Banks to Equity Markets for Cash

File photo

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980s. Ship owners ordered large numbers of vessels between 2007 and 2009


Iran's Oil Exports Surge above Sanctions

Iran's crude oil exports have surged to their highest in 20 months, far exceeding a 1 million barrel-per-day limit set by the West under an interim deal on curbing Tehran's nuclear program. The International Energy Agency's monthly report revised February's global crude imports from Iran


Fit for Sea Medical Program Tests 300,000th Applicant

Lady engineer: File photo

The UK P&I Club informs that its Pre-Employment Medical Examination Programme, claimed to be the world’s leading scheme for assessing the fitness of prospective seafarers, has just completed its 300,000th examination.

 For the past 18 years


Topaz Secures another West Africa Contract

The Topaz Faye

Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply


Coast Guard Seeks Comment on New Safety Training

U.S. Coast Guard advance notice of proposed rulemaking seeks comments on maritime safety training requirements   The U.S. Coast Guard Monday, April 14, 2014, announced the publication of an advance notice of proposed rulemaking involving the possible expansion of its maritime safety


St. Lawrence Seaway Notices Update

courtesy Great Lakes St. Lawrence Seaway

The Great lakes St. Lawrence Seaway System today issued notices number nine and 10 regarding maximum allowable drafts in the Montreal section in Lake Ontario and revocation of certain transit restrictions. Seaway notice 9 addresses maximum allowable drafts in Lake Ontario’s Montreal


ISC Expects Faltering Q1 2014 Financial Results

ISC Jones Act vessel: Photo courtesy of ISC

International Shipholding Corporation (ISC) provides preliminary guidance for first quarter 2014 results and announces timing of earnings release and conference call. The company says that it expects to report a first quarter net loss, before Preferred Dividends, in the range of $3


Cargo Sits Waiting a Fortnight in Asia: Analysts Seek Reasons

Slow steaming & Lay-up impacts: Image courtesy of Drewry Maritime Research

Jochen Gutschmidt, head of global transport procurement at Nestle, asked the Global Liner Shipping Conference in Hamburg last week: “Why is cargo waiting in Asia for two weeks?” Using data from Drewry’s latest 'Container Forecaster', just published


New E2S System Signals Lifeboat Launch

e2s.jpg

U.K. signalling manufacturer E2S Warning Signals has designed and developed a bespoke siren system to alert people nearby when an RNLI lifeboat is launching.   The Royal National Lifeboat Institution (RNLI) is the charity that saves lives at sea


Wreck-Removal Convention to Enter into Force

Photo courtesy IMO

Shipowner liability on the horizon as Denmark ratifies international instrument The Nairobi International Convention on the Removal Wrecks will enter into force on April 14, 2015 following the deposit, on April 14, 2014, of an instrument of ratification by Denmark


Topaz secures another West Africa contract

Topaz-faye DP2 platform

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation. Under the terms of the US$ 11 million agreement


Quiet March Sees Cargo Slow in Long Beach

Photo courtesy the Port of Long Beach

Harsh winter elsewhere, ship deployment changes soften traffic Container volumes at the Port of Long Beach dipped in March, compared to the same month one year ago, with a decline of 1.9 percent overall and imports essentially flat. March saw some shipping lines suspend services or switch to


 
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