Svitzer Seals USVI Tugboat Deal
Svitzer Caribbean Dominicana has secured a 5-year contract with Limetree Bay Terminals due to commence on June 15th, 2019.The company expands its market coverage providing tugboat services to some of the key oil refineries and terminals in the region – South Riding Point Terminal in Bahamas, Nustar Terminal in Statia, Buckeye Terminal in St. Lucia and now Limetree Bay Terminals (Limetree) in St. Croix…
WheelHouse Names VP of Operations
As part of the continued growth of WheelHouse and his evolving role within the company, WheelHouse Technologies announces the promotion of Ian Morris to Vice President of Operations."Ian works tirelessly to exceed the expectations of our customers and is continuously tailoring our products and services to meet our customers requirements," said WheelHouse president Craig Parkhurst. "Ian started with…
Shipping Firm Fined $4M for Pollution Violation
$1 Million Will Go to Projects that Support Cleanup of Marine Pollution, Preservation of Aquatic Life, and Restoration of Shorelines around Newark Bay.A shipping company based in Italy today admitted discharging oily waste and other pollutants into the sea and then lying about it, U.S. Attorney Craig Carpenito and Assistant Attorney General Jeffrey Bossert Clark announced.The company, d’Amico Shipping Italia S.p.A., pleaded guilty before U.S. District Judge Susan D.
SubM Deadlines Looming Large
Subchapter M – Only a few days left to schedule inspections to meet July 22, 2019 compliance requirements. Rear Adm. John Nadeau, assistant commandant for prevention policy, weighs in on options and instructions.As of July 20, 2018, towing vessel owners and operators are responsible for ensuring that their vessels comply with the provisions of 46 CFR Subchapter M, even if they have not received a Certificate of Inspection (COI).
Oil Spill Dispersant Market to Reach $23.6bln by 2026
The global Oil Spill Dispersant Market is anticipated to grow at a constant CAGR around 3% during the forecast period 2019 to 2026 and reach the market value around USD 23.6 billion.The growth of the market for oil spillers depends directly on the frequency, the time and volume of petroleum spill events, said a market report by Acumen Research and Consulting.Oil pollution is a common term for seawater, land water or land contamination due to oil release due to an accident or human error.
Europe Invests $30bln in Wind in 2018
Europe invested a total of EUR27bn (USD 30.34bln) in new wind farms in 2018, allowing it finance a record amount of new wind energy capacity, according to European trade body WindEurope.Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4.2GW in 2018.Investments in new offshore wind projects increased by 37% from 2017 but were still some way off the record EUR 18.2 billion seen in 2016, according to the report.
Oryx Acquires South African Marine Fuels
Oryx Energies, a provider of oil and gas products and services, has acquired the majority stake in South African Marine Fuels (SAMF), a bunkering company in Algoa Bay, Eastern cape, South Africa.Founded in 2016, SAMF is a woman-run enterprise with 100% South African staff operating at the only port in South Africa that has licensed offshore bunkering and ship service operations targeting both port…
New Swedish SIGINT Ship Launched
Sweden’s new signals intelligence (SIGINT) vessel was launched from the Nauta Shiprepair Yard in Gdynia, Poland.Outfitting and equipment installation will take place in Nauta Shiprepair Yard, after which the vessel will undergo harbour and sea trials. The ship will then sail to Saab’s shipyard in Karlskrona to complete outfitting of special systems.The launching ceremony took place in PGZ Stocznia Wojenna in Gdynia on April 17 and was attended by representatives of the Polish government…
Aus Icebreaker Nearing Completion
Preparations are ramping up for the arrival of Australia’s newest icebreaker, the RSV Nuyina. The Antarctic icebreaker is due to arrive in Hobart in 2020.RSV Nuyina will be the main lifeline to Australia’s Antarctic and sub-Antarctic research stations and the central platform of our Antarctic and Southern Ocean scientific research.Construction of the ship at Damen Shipyards in Romania commenced in May 2017…
SMS Towage Adds to Humber Tug Fleet
Harbour authority Associated British Ports(ABP) has welcomed SMS Towage’s new tug, called Manxman.Manxman has 5,600 brake horsepwoer, offering more power than seven Ferraris and cost GBP5mln.The tug was built by international shipyard group Damen, based in Holland. It’s technically known as the Azimuth Stern Drive (ASD) 2411 tug.The new addition, which will bring SMS Towage’s Humber fleet up to a sturdy…
Cardiff Port Preps for 2019 Cruise Season
The Port of Cardiff is expecting a busy cruise season which starts with the visit of the Cruise and Maritime Voyages-operated Marco Polo on Monday (22nd April), said Associated British Ports (ABP).Between May and June 2019, three cruise calls and over 2000 passengers will utilise port facilities and services provided by ABP South Wales at the Port of Cardiff.Richard Butler, Commercial Manager, ABP South Wales…
SOFEC Completes Mooring System for PFLNG
SOFEC, a MODEC Group company, has completed the engineering, supply, and delivery of a mooring system - chains and anchors - for Petronas' Floating LNG 1 (L) Ltd.According to a press release from MODEC, this project included the engineering, supply and delivery of the replacement mooring legs and anchors for the external turret system.The PFLNG Satu has an external turret moored system that was designed to be moored in a water depth ranging from 70 to 200 meters.In March 2019…
Volume Rises at Port of Rotterdam
Port of Rotterdam posted a record overall freight tonnage in the first quarter of 2019, up 5.1% on the same period last year, thanks to strong growth in container traffic.In total, 123.9 million tonnes were handled compared with 117.8 million tonnes in the same period in 2018."The increase mainly concerned the throughput of containers (+7.3% in TEU, +5.9% in tonnes) and fuels. Mineral oil products…
CAT Targets Cruise for MEO, AI
Caterpillar is touting its Multi-Engine Optimizer (MEO) as a solution for existing cruise ships to burn less fuel, run cleaner, keep uptime and reliability high while keeping costs down.Caterpillar's MEO is designed to lay over the top of a vessel’s existing power management system, us-ing proprietary performance maps and control algorithms to advise the system on which engines to operate and at what load.
Damen Reports First Loss in 15 Years
Netherlands-based shipbuilding giant Dutch Damen Shipyards Group reported a net loss of EUR 17 million (USD 19.1 million) in 2018 - the first time in fifteen years.Damen reports that its financial situation stems from a sustained period of difficulty in a number of maritime sectors and investments it has made in its future.Notably, despite rising oil prices, the offshore hydrocarbon sectors continue to present tough trading conditions.
Keppel Posts Lower Profits
The Singaporean offshore and marine conglomerate Keppel Corporation reported a net profit of S$203 million (USD 150mln) for the first three months of 2019, 40% below that of S$337 million for 1Q 2018.In 1Q 2018, the Group benefitted from a S$289 million gain arising from the en-bloc sale of Keppel Cove in Zhongshan, China as compared to gains of S$174 million in the current period from the divestment of a 70% interest in Dong Nai Waterfront City…
Largest Barge of Caspian Sea Undergone Overhaul
The barge of STB-1 owned by the Caspian Sea Oil Fleet of the CJSC Azerbaijan Caspian Shipping Company (ASCO) has undergone an overhaul. The overhaul has been carried out at the Bibi-Heybat Shipyard.As part of the overhaul, the underwater and surface parts of the barge were cleaned and painted. Along with this, the bottom-side reinforcement of the barge was repaired.At the end of the overhaul, the barge “STB-1” was handed over to the crew members and Registry Classification representatives.
Industry Hails EU Maritime Single Window
The EU Social Partners in the maritime sector, European Community Shipowners' Associations (ECSA) and European Transport Workers' Federation (ETF), welcome the adoption by Members of the European Parliament of the proposal for a Regulation establishing a European Maritime Single Window environment.The industry associantions said in a joint press release that they look forward to the soon expected formal…
Seattle Port Celebrates 20th Year of Cruising
The Port of Seattle, celebrating 20 years as a homeport, welcomes the 2019 cruise season with the arrival of the first ship—Celebrity Eclipse, at the Bell Street Pier Cruise Terminal at Pier 66.“Over twenty years ago this community turned a novel idea into a nearly $900 million industry and helped the Port become the most environmentally progressive home port in North America,” said Port of Seattle…
BW Group Increases Epic Gas Stake
Singapore-based BW Group has increased its stake in the pressurised LPG shipping solutions company Epic Gas to 82.58% with the completion of its voluntary unconditional offer.On 16 April, BW Group received acceptances under the Offer for a total of 9,698,135 shares, corresponding to approx. 13.76% of the outstanding shares and voting rights in the Company.Under the Offer, BW Group has received acceptances for a total of 19…
