Rui He News

A newly delivered very large crude carrier (VLCC) is said to be the world's first capable of running on liquefied natural gas (LNG).The Yuan Rui Yang was handed over on Monday at China's Dalian Shipbuilding Industry Company (DSIC) for shipping giant COSCO.Classed by China Classification Society (CCS), the 333-meter-long vessel will be operated by COSCO Shipping Energy Transportation Company. It has a molded breadth of 60 meters, and molded depth of 30.5 meters.Using cleaner-burning LNG as its main fuel to help cut CO2 emissions…

Svitzer intends to sell its Portuguese marine operations to Pioneiro do Rio, Serviços Maritimos, Lda., a company which has Rui Cruz, the current managing director of Svitzer Portugal, among its owners.The operation in Portugal has faced declining volumes and the synergy between the Portuguese ports and Svitzer’s remaining European and global portfolio has proven limited. Svitzer’s operation in Portugal covers three ports: Lisbon, Setubal, and Sines and holds a fleet of 15 tugs.

Technology enterprise Boll & Kirch said one of its product innovations, the Bollfilter Automatic Type 6.18.3, recently helped SunRui Marine Environment Engineering, based in Qingdao, China, qualify for the U.S. Coast Guard (USCG) certificate. Since the beginning of 2016, ballast water management systems (BWMS) of ships discharging ballast water at American ports have had to comply with special USCG regulations. SunRui's BalClor BWMS system, which relies on Boll & Kirch's innovative ballast water filtration technology, has now been certified by the authority.

Vessel sales for May 2017 (as of June 1) as prepared by Shipping Intelligence, Inc., New York.

Vessel sales for September 2016 (as of October 1) as prepared by Shipping Intelligence, Inc., New York.

ABB, a power and automation technology group, will supply its onboard motion monitoring and forecasting system to the Xiang Rui Kou heavy lift vessel, meaning the entire fleet of Cosco Heavy Transport now benefits from the software. The system that will be installed is a mixed software and motion measurement set-up that on one hand provides clear advice on how to operate the vessel and her cargo through heavy weather, and on the other hand gives clear warnings on the bridge when certain motion thresholds are exceeded.

(Singapore, 22 May 2016) The topside of Ivar Aasen field was  completed on Sunday at the shipyard in Singapore and sailed to Norway shortly. The tire was delivered on budget and on time, which enables field development is on track to start production on December 1. "Ivar Aasen field is an important development on the Norwegian Continental Shelf and the Norwegian as operator . We are therefore very pleased to finalize the platform deck according to budget and on time. Work performed in Singapore are of high quality, and the project is an example of a successful global supplier collaboration to create value on the Norwegian continental shelf," says Karl Johnny Hersvik, CEO of the Norwegian.

Vessel sales for February 2016 (as of March 1) as prepared by Shipping Intelligence, Inc., New York.

Vessel sales for September 2015 (as of October 1) as prepared by Shipping Intelligence, Inc., New York.

A series of huge explosions shook  the warehouse at Tianjin Port International Logistics Center in the northern Chinese city of Tianjin late Wednesday, killing at least 44 people and injuring hundreds more, according to officials and state media. The People's Daily newspaper said at least 520 people were injured, more than 60 of them seriously. As of Thursday morning, an unknown number of people remained unaccounted for in the wreckage. The initial explosion erupted at a warehouse for a logistics company in an industrial area of the port city, according to Tianjin police. The company was identified as Tianjin Dongjiang Port Rui Hai International Logistics Co. Ltd. The second explosion was so powerful that I felt the entire 16-floor-building was shaking, says an eye witness.

Shipping costs plunged to almost the lowest on record following tumbling demand for coal in China and weakening growth in the nation’s iron ore purchases, reports Bloomberg. The Baltic Dry Index, which tracks freight rates for ships carrying raw materials, has slumped to its lowest point in 29 years, hit by a shipping glut, falling commodity prices and declining import demand from China. The BDI fell to 577 this week, its lowest level since July 1986, and a far cry from its peak of 11,793 in 2008. Reversing growth of 16 percent the year before, China’s seaborne coal imports slid 10 percent in 2014, says Clarkson Plc, the world’s largest shipbroker.

The maintenance of blowout preventers (BOPs) has significant financial, logistical and safety implications for drilling operators and rig owners. DNV GL has now established a Joint Industry Project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient BOP maintenance. Several BOP manufacturers, operators, rig owners and shelf state regulators have already joined the JIP, and others may still come on board. BOPs have traditionally been subject to time-based maintenance, which can create critical challenges, such as unstructured maintenance management, reduced reliability and equipment overhauls, which consequently may lead to increased operational downtime.

The maintenance of blowout preventers (BOPs) has significant financial, logistical and safety implications for drilling operators and rig owners. DNV GL has now established a Joint Industry Project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient BOP maintenance. Several BOP manufacturers, operators, rig owners and shelf state regulators have already joined the JIP, and others may still come on board. BOPs have traditionally been subject to time-based maintenance…

01/29 ABU DHABI STAR - 51,069 - 08(6) - $28. Prepared by Shipping Intelligence, Inc., New York.

Decision follows contract win with STX Promar Shipyard for eight LPG tankers. AVEVA Marine has been selected for implementation by GHENOVA Ingeniería, an International Engineering Company. This follows the signing of a contract between GHENOVA and STX Promar Shipyard. This contract allows the detailed engineering of eight LPG tankers for Transpetro, Petrobras’ logistics and fuel transportation company. The agreement consists of products from the AVEVA Marine portfolio (Hull, Outfitting, Cable Design) and AVEVA Global.

Computer Associates International, Inc. (CA) announced that Fincantieri has implemented Unicenter Network and Systems Management to control its complex distributed infrastructure, and CA's eTrust security solutions to protect its eBusiness applications and data. In 1999, stiff competition from Asia and reductions in defense spending prompted a far-reaching restructuring program to rationalize corporate processes. "The cornerstone of our renewal program was information technology," said Gianantonio Rui, CIO, Fincantieri. Fincantieri's distributed infrastructure comprises some 70 Windows NT servers handling data and communications for 1,800 Windows and 1,200 CAD workstations across the country.