New Book Targets Better Ship Design
Bad ship design can make life onboard difficult and uncomfortable, cause accidents and even kill. Naval architects have a huge responsibility, but few of them have direct experience of how their designs affect those who use them. Improving Ship Operational Design, published by The Nautical Institute, hopes to make maritime operations safer and more effective by giving ship designers an insight into how those onboard work and live. The book was launched at the Royal Institution of Naval Architects’ (RINA) conference…
Book Review: Ship Knowledge A Modern Encyclopedia
by K. Bound hard back & front, 341 pages Published in 2003 by Dokmar, P.O. Box 360, 1600 AJ, Enkhuizen, The Netherlands. The book "Ship Knowledge - A Modern Encyclopedia" is basically the adapted and extended English language version of the very successful Dutch book "Scheepskennis" (published in 2001, author Klaas van Dokkum). In a state-of-the-art lay-out the book's 16 chapters lead the reader in great detail through the multitude of facts related to ships, ship building and shipping. The parts and systems together forming a modern ship from design drafts up to the finished construction including paint systems and legal aspects, are extensively dealt with.
New Book Addresses Biofuel Future
“In the absence of strong government policies, we project that the worldwide use of oil in transport will nearly double between 2000 and 2030, leading to a similar increase in greenhouse gas emissions,” said Claude Mandil, Executive Director of the International Energy Agency (IEA) at the launch in Paris today of “Biofuels for Transport: An International Perspective”. This new IEA publication looks at recent trends in biofuel production and considers how the future may look if recent initiatives in IEA countries and around the world are fully implemented. The report takes a global perspective on the nascent biofuels industry, assessing regional similarities and differences as well as the cost and benefits of the various biofuel options and technologies.
Moody's Threatens Downgrade of Maersk
Denmark-based shipping and oil company A.P. Møller-Mærsk A/S (Maersk)'s decision to split the group into two parts now get the credit rating agency for questioning to the light blue conglomerate's debt. It ends "probably" with a downgrade, because large parts of the oil revenue will no longer contribute to upholster transport division. "We have placed the ratings of Maersk on review for downgrade because we believe that its business diversification will reduce significantly with the separation of its energy businesses which represented 62% of EBITDA as of the first half of 2016…
Book Review: Detailed Data for World's Warships
The Naval Institute Guide to Combat Fleets of the World is an authoritative and thorough compendium about warships, aircraft and auxiliaries that serve in navies and coast guards worldwide. Combat Fleets is massive, with 1,104 pages and more than 4,000 photos and illustrations. It's even bigger than Jane's Fighting Ships (but costs less). If the seven-pound book is too heavy to handle, save both money and weight and get the CD version instead. Combat Fleets covers the waterfront. From large aircraft carriers and complex cruisers to speedy patrol craft and diminutive utility boats, they are covered in detail. If you are interested in aircraft carriers, you can study the entries from the U.S., Brazil, the U.K., India, France, Italy, and others.
Book Review:Danger on the High Seas
A tale of survival could best describe John S. Burnett's experience onboard his sloop Unicorn in January 1992. Sailing solo across the South China Sea to Singapore — one of the busiest shipping lanes in the world — Burnett was attacked by pirates. However, with luck on his side, Burnett, who is a journalist and professional seaman, survived. Following this harrowing experience, Burnett was prompted to investigate further the world of modern-day piracy — world that is as shocking as it is terrifying. Dangerous Waters: Modern Piracy and Terror on the High Seas (Dutton, $24.95), provides an investigative look into maritime terrorism on the world's oceans. Burnett holds readers with his exploration of resurgence of piracy and also explains why this subject is increasing at such a rapid rate.
Review copy of Tanker Specification Awareness Guide Released
The design, construction and operation of quality tankers are subject to greater scrutiny than ever before. The tanker industry has accumulated a wealth of experience of ship technical and operational matters over the years but often not enough use is made of this industry body of knowledge when building a new tanker. INTERTANKO's Tanker Specification Awareness Guide has been compiled to assist those ordering new ships in making informed decisions about the specification of their newbuildings based on industry experience and response to current issues. It is intended to help improve the technical specification of a tanker at the design, contract negotiation and construction stages.
Put it in writing, warns ITIC
Intermediaries Club (ITIC) in its latest Claims Review. units to be transported by his principal's service to Panama. underdeck stowage for the switchgear, he failed to confirm this in writing. The units were stowed on deck and suffered wet and rust damage. for $900,000 plus interest and costs. was contributed by the in-house ship agent. he said on the telephone in writing, this claim would not have been pursued. their own standard trading conditions. Felixstowe. During trucking, the cable struck the underside of a bridge. it was put on the ship. presented to the line. pre-carriage. confirmation and was able to limit his liability. consequential losses too. industry. It is managed by ITIM Co Ltd, a Thomas Miller company.
New Book on Legal Aspects of Bunkering
Petrospot Limited has recently published Legal Issues in Bunkering: An Introduction to the Law Relating to the Sale and Use of Marine Fuels: a new book by barrister and legal consultant Trevor Harrison. The book offers an accessible overview of the legal aspects of bunkering, distilling salient points and summarizing the more arcane elements of the subject. The book is not intended as a substitute for professional help or casebooks on shipping law, but it will certainly educate the reader about the key legal topics and, importantly, guide him in the right direction should a contract go wrong.
Newbuild Contracts at Lowest Level in 20 Years -BIMCO
Shipyards have become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the record for the lowest newbuilding contracts in more than 20 years, according to international shipping association Baltic and International Maritime Council (BIMCO). After a decline from 2010 to 2012, shipbuilding had a rebound in 2013 and was expected to level out over the next few years. The reality was a slight decline in 2014 and 2015, but still high levels of contracting measured by compensated gross tonnage (CGT).
Book Review: There’s a Page Missing
Maritime fraud, international intrigue and an indefatigable investigator – all add up to a fascinating account of the extraordinary people bent on fooling the system with mind boggling schemes. Author Don Oliver is a specialist maritime insurance surveyor who has visited countless ports and places throughout the world, uncovering the truth behind insurance claims. Suspicious, audacious and fraudulent – he’s seen them all and on the way invented some detection devices that have stopped criminals in their tracks. Arriving from the U.K.
Book Review: After the Galaxy
“Yes, Mirek. Four men huddled on the bow of the burning, 190-foot fishing vessel Galaxy as the crippled boat foundered on one of the world’s cruelest oceans. Captain Dave Shoemaker was seriously hurt. After the backdraft explosion, he made several desperate attempts to enter the smoke-filled wheelhouse, find a radio and issue a mayday call. Each foray left him puking and gasping, smoke searing his lungs and contact with the steel bulkheads charring his flesh and igniting his clothing. After each attempt, he climbed through an escape hatch onto the roof of the wheelhouse, gasping for air.
Book Review: Oil Tankers – A Pocket Safety Guide
Owners, operators, masters, senior officers and all others on board a tanker ships have a responsibility to comply with good and correct tanker practice, including all proper safety and operational standards. Oil Tankers – A Pocket Safety Guide, the new pocket-sized book from Witherby Seamanship, provides a back-to-basics crash course on proper oil tanker procedure by offering a fundamental introduction into safe tanker practice, including terminology and standards for ships carrying crude oil and petroleum products.
The Reluctant Pirate - Book Review
John Guy’s newest effort, The Reluctant Pirate, is an entertaining tale of modern day pirates and a primer on what really happens when today’s merchant ships are boarded and held for ransom, and more importantly, why. And unlike the better known movie (Captain Phillips) that tackles a similar subject on the big screen, The Reluctant Pirate digs a bit deeper into the politics of today’s piracy business model, the players involved (and their motivations) and reaches into the psyche of the Somali pirate himself.
Book Review: Tugboats of New York
"Tugboats of New York" is one of those rare constructions where everything works just about perfectly. The text is insightfully, appreciatively, and masterfully written. The illustrations are informative, handsome, and sometimes — deliberately, one gathers, given some of the credits — quite beautifully artistic. The photo captions are detailed and often lengthy, turning the book into sort of an A-V show on paper. And what paper. The stock is coated and 60-lb. heavy, bright, easy on the eyes, apparently formulated to last the next century or two. The illustrations glisten with a sheen more reminiscent of actual photographic prints than something screened into a book.
Subchapter M: Post Publication Highlights
An extra T in TSMS, nowhere left to hide from systems documentation, and an emphasis on continuous improvement. Back in January of this year, the United States Coast Guard (USCG) predicted Subchapter M would be released in spring 2016. I put my money on June 20, that being the very last day of spring, and on June 20 the long-awaited regulation was finally published. Subchapter M doesn’t come with much we weren’t expecting, which is a good thing. Surprises in this industry are not met with enthusiasm. The USCG should be complimented in that regard.
Container Ship Sold by Greece's Goldenport
Container & dry bulk vessel operators, Goldenport Holdings, sells the 1993-built container vessel 'Bosporus'. The sale, to an unaffiliated third party, Liberty Resources Inc. of Nassau, Bahamas, was for a cash consideration of US$ 7.5 million. Goldenport expects to realize a book loss of US$ 3.8 million, after accounting for brokerage commission, book value and the unamortized balance of dry-docking expenditure. The vessel was initially acquired in 2007, with a below market time charter attached, for a total consideration of US$19.2 million and recorded in books at a total value of US$30.5 million, representing the market value of the vessel on a charter free basis at the date of acquisition.
Australian Navy Launches International Fleet Review Mobile App
Those planning to attend the many activities associated with the International Fleet Review will have an easier time keeping track of what’s on offer with mobile phone application being launched next week by the Royal Australian Navy. The app, slated to officially launch on Monday, September 9, 2013, has been developed to support the International Fleet Review (IFR) and will have information on the myriad of related events occurring in and around Sydney Harbour from October 3-11, including the IFR Warship Open Days. “The International Fleet Review celebrates the centenary of the first RAN Fleet entry into Sydney, so it’s fitting that we’re commemorating our history, while utilizing the technology available today,” said Director of the IFR, Captain Nick Bramwell.
Wärtsilä Corp. Interim Report
Ole Johansson, President and CEO said, "The third quarter was strong for Wärtsilä at all levels, as net sales developed according to plan, profitability was strong, and cash flow from operating activities was at an all time high level. As a result of this positive development we now expect our profitability to exceed 10% for the year 2010. The improvements in Wärtsilä's market environment that started in the second quarter have continued, and we expect the order intake for the full year to clearly exceed last year's levels. Based on the current order book and a stable service business we expect net sales to decline by approximately 15 percent in 2010 and our operational profitability (EBIT% before nonrecurring items) to be better than earlier expected and to exceed 10%.
ITIC Concludes 23-Year Case
its oldest case, dating back to 1982. for a tanker calling at Kaohsiung. of the original bill of lading. without paying for the goods. the tanker owner and the agent for US$560,000 - the value of the cargo. liability with the foreign company. Taiwan. High Court and the Supreme Court no less than six times. of 2004, the Supreme Court of Taiwan rejected the bank's appeal. excess of US$90,000. error almost resulted in a violation of the US 24-hour rule. had been used for a previous booking. incurred. been much worse, with the ship being fined or even refused entry into port.
Jaya Reports $4 Million Net Profit for 1Q 2013
Jaya Holdings Ltd. reported consolidated revenue of $24.8 million and net profit of $4.0 million for the financial quarter ending March 31, 2013. The group’s total revenue for the quarter under review was $24.8 million, 53% higher than the previous corresponding quarter. The group’s increased revenue was mainly contributed by the Offshore Support Services (OSS) Division which revenue was at $24.4 million, 50% higher than the previous corresponding quarter. The period between December 2012 and February 2013 was a challenging one for offshore oilfield services providers. Jaya’s utilization, like that of many peers, came down due to various reasons, including seasonal factors, the delayed awards of contracts and changes in cabotage rules in Indonesia.
Wärtsilä Back to Growth, Stable Profitability in 2012
Wärtsilä has issued its financial statement and bulletin for the period January to December 2012. “I am pleased with our result for the year 2012, which was a year marked by difficult conditions in the global economy. Supported by a very strong fourth quarter, Wärtsilä's full year net sales grew by 12% with profitability at 10.9%. The order intake grew by 9%, with strong development in Ship Power orders, especially in the offshore markets. During 2012, we closed our largest ever acquisition with the purchase of Hamworthy. This supports our growth strategy in the marine gas, offshore and environmental solutions markets. Interest in marine gas solutions continued to be strong and the orders received demonstrate our leading position in the dual-fuel markets.
DnV Awards Type Approval Renewal to Marine Planned Maintenance
Following a successful Type Approval renewal by DnV, U.K based Marine Software Ltd is pleased to announce that Marine Planned Maintenance complies to DnV requirements for Type Approval of Planned Maintenance Systems as described in Type Approval Programme 10-706.70-1, April 2009. The MPM - Marine Planned Maintenance for Windows has now been awarded Type Approval Certificate No. M-PMS-8744. Due to the stricter NOx emission requirements under MARPOL 73/78 Annex VI Regulation 13, vessels which hold an Engine International Air Pollution Prevention Certificate (EIAPP) must provide and maintain a Record Book of Engine Parameters. After discussions with DnV regarding the Record Book of Engine Parameters (RBEP) and NOx influencing components…