Expertise And Services News

Ammonia power solutions company Amogy on Wednesday announced it has completed its Technology Verification phase with classification society Lloyd’s Register.This includes the assessment and certification of novel technologies through its Technology Qualification process where novel technologies are evaluated in terms of their technology maturity and associated risks. The first phase was undertaken in 2022, during which the technology readiness level of its core components and system interfaces were identified and assessed.

McQuilling Services Announces the Release of the 2019 Mid-Year Tanker Market Outlook Update.The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundamentals influencing tanker demand and vessel supply. The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades and four triangulated routes across eight vessel segments for the second half of 2019 through the remaining four years of the forecast period 2019-2023.

Bourbon Corporation CEO Gael Bodénès & his team plot a bold new course for this offshore industry stalwart.Your career with Bourbon has traversed many industry fluctuations. Looking back to when you joined the company, how is Bourbon today most the same, and most different?Bourbon has transformed from a small regional company to a world recognized leader in offshore marine services. It has seen its teams grow from a 3,000 to more than 8,000 employees of 88 nationalities, the fleet has grown to more than 500 units…

McQuilling Services has released its 20th Anniversary Edition 2017-2021 Tanker Market Outlook. This 200-page report provides a five-year spot and time charter equivalent (TCE) outlook for eight vessel classes across 19 benchmark tanker trades, plus two triangulated trades. Also included in the report is a robust five-year asset price outlook as well as a one and three-year time charter forecast through 2021. With 20 years of tanker rate forecasting expertise, McQuilling Services is a leader in the industry and continues to support a variety of stakeholders in the energy, maritime and financial services industries with its annual Tanker Market Outlook.

As the City of San Francisco commissions its latest fireboat today, the vessel, designed by Seattle-based Jensen Maritime Consultants, exemplifies the evolution and growth of the naval architecture and marine engineering firm since it was acquired by Crowley Maritime Corp. in 2008. “Eight years ago I’m not sure this project would have been in our sweet spot,” said Johan Sperling, vice president of Crowley’s marine solutions group, which includes Jensen. “But over the past eight years, Crowley has made a considerable effort to give us all the tools we need to expand into new areas. “It’s one thing to be able to design a good looking boat, but if it can’t be built efficiently and cost effectively, and if it doesn’t operate the way it is supposed to, what do you really have?” said Sperling.

Merger and acquisition (M&A) activity in the transportation and logistics industry began 2014 on a soft note, with the total volume of deals matching the lowest level seen since the fourth quarter of 2011. Total first quarter deal activity and value were down from the spike in the fourth quarter of 2013, but average deal sizes were generally in line with the past several years, according to PwC US. There were 37 transportation and logistics transactions worth $50 million or more in the first quarter of 2014, totaling $16.1 billion, compared to 75 deals worth $27.2 billion in the fourth quarter of 2013. However, overall deal volume was generally flat with the 41 deals recorded in last year’s first quarter, which accounted for $16.2 billion in value.

Unique System FZE, a Unique Maritime Group company which is an integrated turnkey subsea and offshore solution providers signs a joint venture with the National Hyperbaric Center (NHC) to launch a training center and training courses in the UAE. The National Hyperbaric Center (NHC) provides expertise and services to the Subsea industry and pressure-related industries and has been involved in the diving industry for over 25 years through the provision of training, testing, hyperbaric facilities and decompression studies.

ABS has signed a Memorandum of Understanding (MOU) with the Military Sealift Command (MSC) of the U.S. Navy that, for the first time, documents their long standing relationship. The document outlines and formalizes the processes and procedures used in the survey and classification of all MSC U.S. Government-owned vessels. Totaling more than 100 vessels, the MSC fleet is composed of non-combatant vessels such as tankers and cargo ships that support sealift, fleet and special mission operations of the U.S. Navy. All MSC public vessels will be classed in accordance to ABS Rules and, additionally, ABS may act on behalf of the United States Coast Guard (USCG) as their agent to conduct ship inspections when appropriate.