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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


DGS Marine Announces Fixed Premium P&I Growth

David Skinner (Photo: DGS Marine)

Tailor-made cover helps DGS secure 6 percent growth in 2016 P&I renewals; total BE&O tonnage exceeds 5 million metric tons   DGS Marine, a global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, announced growth figures following the completion of P&I renewals, with premium growth of 6 percent, tonnage growth of 12 percent and total vessel numbers up by 17 percent.  


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


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


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


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


Nontank Vessel Response Plan Final Rule

The "Nontank Vessel Response Plans and Other Response Plan Requirements" (NTVRP) final rule, which was published in the Federal Register on September 30, 2013, requires vessel owners or operators of nontank vessels 400 gross tons and above to prepare and submit oil spill response plans for vessels operating on the navigable waters of the United States.   Additionally, the final rule requires the submission of a Vessel Response Plan (VRP) Control Number with the


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


New Shipbuilding Orders Threaten Fragile Sector Recovery

File image CCL3

Reuters –  Overcapacity threatens to derail a fragile recovery in the global shipping sector as ship owners and investors place orders for new vessels betting on better times, according to a recent survey. Ship owners ordered large numbers of vessels between 2007 and 2009, just as the global economy sank into its biggest crisis since the 1930s. In recent months, prospects have brightened as the sector absorbs the tonnage as well more positive signs for world trade


SUNY Maritime Among 'Best Bang for the Buck' Colleges

Photo courtesy of SUNY Maritime

SUNY Maritime College has been named one of the best colleges for its price by Washington Monthly.   SUNY Maritime placed in the top 30 schools in the Northeast. It was the top State University of New York institution on the list. It is also the highest on the list SUNY Maritime has ever


Carriers have Withdrawn Extremely Low Spot Market Freight Rates - Drewry

Figure 1. Major routes where rates have bottomed out (all-in rates in US$ per 40ft container)Note Rates include BAF and THCs at both ends Source Drewry Container Freight Rate Insight (www.drewry.co.ukcfri)

Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box. The global spot rate index had dropped to an all-time low of $1,113 per 40ft container in April.


Hapag-Lloyd Cruises Orders Two Vessels

Two new-builds in the 5-star expedition segment

TUI Group, the world’s number one tourism group, will invest in two new-builds for its Hamburg-based subsidiary Hapag-Lloyd Cruises. The two, new, 5-star expedition vessels are scheduled for launch in April and October 2019, respectively, following 20 months of construction


Austal Dives into Loss

Photo:  Austal

 Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.   However, the result came in line with guidance issued last month over a change in estimate of the cost of completing


284 Ships transit Suez Canal Last Week

Suez Canal, Port Said. Photo: NASA

 Suez Canal traffic data showed that 284 ships transited the canal, with a total load of 14.34m tonnes, from 19 to 24 August 2016, reports Daily News Egypt.   Compared to July 2015, before the inauguration of the New Suez Canal, the average daily number of transiting vessels totaled 47


What is Happening to Suezmax Rates in 2016?

Graphs: Poten & Partners

 Several years ago, the main market for Suezmax tankers was the West Africa to North America trade. When this market dried up in the period from 2012 to 2014/15, it looked like the Suezmax fleet was in for hard times. Tanker Research & Consulting department at Poten & Partners takes a


Keppel to Deliver First North Sea FPSO

BUMI ARMADA

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)


NASA May Send Submarine to Titan

Titans Subsurface Reservoirs (Artists Concept). Image by NASA

 NASA has unveiled plans to send a submarine into the depths of the largest ocean of Saturn's biggest moon, Titan in a bid to explore the depths of its largest ocean.   The aim to find the chemical composition of the largest ocean of the moon, Kraken Mare and search for signs of life.


Zumaia Offshore Acqires MPP Workboat Aitana B

“Aitana B” from Neptune Shipyards, Netherlands

In April 2016 Zumaia Offshore, S.L., leading workboat owner and operator based in the Basque Country, took delivery of the Cummins-powered MPP workboat “Aitana B” from Neptune Shipyards in the Netherlands. At 27 by 12-meters with a three-meter draft it is one of the largest models of


Hoegh LNG Profits Dip

Photo: Höegh LNG Partners

 Norway-based owner and operator of floating LNG import terminals, Höegh LNG  reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016.   The company’s profit after tax was also down in comparison to the


Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä will supply the re-gasification system for an FSRU conversion project that Höegh LNG plans to carry out on a modern LNG vessel

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August.


Foreship Establishes Tallinn Subsidiary

Logo: Foreship

Naval architect and marine engineering company Foreship has created a wholly-owned subsidiary located in Tallinn to strengthen ties with shipowners, shipyards and marine equipment suppliers in Estonia, and support the development of locally-based design skills.  


2015 Congestion Affected Long Beach Port's Air Quality

Pollution Study Reveals impacts of terminal congestion on last year’s air quality

Pollution around the Port of Long Beach has been dramatically cut over the last decade, however, according to the latest study, lingering effects from ships at anchor in early 2015 impacted air quality last year.   The 2015 annual inventory of port-related air emissions


Big Tankers' Need for Retrofit Slows Use of New Panama Canal

Photo: Panama Canal Authority

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected because many ships must first undergo inconvenient retrofits to transit through the new locks, shipping industry experts said.  


BG Freight Line Orders Four Containerships

Image: BG Freight Line

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services.    The new class of ‘green’ vessels has been developed by BG Freight Line operation with






 
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