UK Budget Good News For Shipping
Leading accountant and shipping adviser Moore Stephens says that, despite mixed news for non-UK-domiciled individuals, the UK Budget 2011 appears to be good news for shipping. The bad news in the Budget, announced on 23 March, is that the existing annual remittance basis charge for non-doms resident in the UK for twelve years or more will increase from £30,000 to £50,000, albeit not until 6 April, 2012.
ABS Says Time Is Now for Floating LNG Concept
ABS Vice President of Global Gas William J. Sember said the classification society is in advanced stages of design review for a number of Floating LNG (FLNG) concepts, as this technology moves ever closer to reality. Speaking at the Gastech 2011 conference, where he chaired the technical session on FLNG terminals and systems, Sember noted that as recently as five years ago, floating solutions for the import and export of LNG were still considered new and novel concepts.
Fatigue and Fracture Analysis of Ship Structures
BMT Fleet Technology Limited, a subsidiary of BMT Group Ltd, announced the next Fatigue and Fracture Analysis workshop for Fall 2011. This three-day workshop will be of interest to Naval Architects…
Europort Istanbul Opens
This morning, the maritime exhibition Europort Istanbul 2011 was opened with great ceremony by Mr. Hamza Taşkeser, Assistant Undersecretary for Turkish Maritime Affairs. His presence underlines the prominent position of the event for the Turkish and the international shipbuilding industry. Europort Istanbul can be visited until Saturday the 26th of March. As the largest maritime exhibition in Turkey, Mr.
Hydrex Completes In-situ Repair Job
The Hydrex office in Algeciras is ready to mobilize immediately with their two dedicated dive support catamarans. Both vessels are fully equipped as service stations for a wide range of repair operations. The ideal location of the office allows for a fast response in the bay of Algeciras, Gibraltar and North African ports. As part of the Hydrex group, Hydrex Spain takes advantage of the companies’ 37 years of experience.
AVEVA Announces Contract Win With HHI
AVEVA (LSE:AVV) announced a significant new contract win with Hyundai Heavy Industries (HHI), further increasing its investment in AVEVA solutions. HHI has fully utilised AVEVA solutions since 1988. It has based its engineering and design on AVEVA solutions for the production of its commercial, offshore and special ships. With increasing offshore projects, Hyundai Heavy Industries (HHI) is further expanding its usage of AVEVA’s 3D design.
US Coast Guard Begins VGP Inspections
The US Environmental Protection Agency and US Coast Guard have signed a memorandum of understanding. In it, the USCG will begin inspecting for compliance with the…
MariNox Evolution Takes Emissions Monitoring Forward
Recently launched onto the global shipping market, MariNOx Evolution is the latest version of the groundbreaking MariNOx diesel engine emissions monitoring system from UK-based Martek Marine. While MariNOx Evolution is based largely on the existing tried-and-tested MariNOx technology, which has been successfully installed on over 100 vessels worldwide, it includes a number of new features designed to enhance efficiency.
ICOMIA Publishes Technical Guideline For Super Yacht Gloss Coatings
ICOMIA published today its Technical Guideline on Minimum Acceptable Finish and Appearance for Super Yacht Gloss Coatings following industry expert consultation. The guideline has been developed at the urging of industry experts who attended the recent International Superyacht Coatings Conferences. Its intention is to support yards and applicators within the superyacht sector in defining their own quality by establishing a baseline standard.
Major milestone: First Gas Flows From Offshore Into The Pearl GTL Plant In Qatar
Qatar Petroleum and Shell today announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural gas wells offshore allowing the first sour gas to flow through a subsea pipeline into the giant GTL plant onshore.
Unicool Range Expanded To Meet Customer Demands
As ozone-depleting refrigerants are in the process of being phased out around the world, vessels are changing their refrigeration systems to meet the new legal requirements. The challenge for the business is to navigate through the jungle of replacement alternatives offered from the world-wide chemical industry. As market leader for marine refrigerants, Wilhelmsen Ships Service has, through a series of activities like “Catch R-22”, prepared the industry for this change.
Multipurpose Deck Cargo Vessel To STX Finland’s Turku Shipyard
On 22 March 2011, STX Finland Oy and Gaiamare Ltd signed a contract for the construction of an innovative and versatile multipurpose deck cargo vessel. The ship will be delivered during spring 2012 and has a length of 105 metres a width of 19 metres. The environmentally friendly ship will provide work for about 300 persons. The concept development for the vessel has been done in close cooperation between STX Finland and Gaiamare.
U.S. Coast Guard Employee IMO Secretary General Candidate
The U.S. Coast Guard announced that a civilian employee of the service is the U.S. candidate for Secretary General of the International Maritime Organization. Jeffrey Lantz, the Coast Guard’s Director for Commercial Regulations and Standards, will be a candidate in the International Maritime Organization’s elections scheduled for the 106thInternational Maritime Organization Council in London, June 27 to July 1, 2011. Lantz is responsible for developing U.S.
Austal Awarded U.S. Navy LCS 8 Contract
The U.S. Navy announced a fixed price incentive contract for the construction of a fourth 127-meter trimaran Independence-class Littoral Combat Ship (LCS 8) valued at $368.6m.
MPT to Invest $1.5m in Training Program
Maritime Professional Training (MPT), a DNV Approved Maritime Training Center and an ISO 9001:2008 Company, has committed another $1.5m to further enhance its “Project 2010 & Beyond”.
Radio Holland Debuts Sailor 6248
The VHF Sailor RT-2048 VHF that has been in the market since 1987 and of which more than 100,000 units have been sold, is reaching its end of life. Radio Holland…
Wärtsilä LNGPac, Compact Silencer for Viking Line
Wärtsilä was awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world's biggest LNG fuelled passenger ferry. The ship is to be built for Viking Line, a Finnish owner, and the extension contract covers onboard LNG (liquefied natural gas) storage and supply systems (LNGPac) and an advanced Compact Silencer System (CSS). Earlier in 2011, Wärtsilä had received an order to deliver four gas-fuelled main engines and propulsion machinery for the same vessel…
FILM EVENT: America’s Women Seafarers Tell Their Stories
Tickets are $20 and can be purchased at www. workingharbor.org. This special Women at Sea program features a screening of the documentary “Shipping Out – The Story of America’s Seafaring Women” followed by a conversation with seven women mariners who work as mates aboard cargo ships, tug captains, marine engineers, pilots, port officials and more. New York, NY, March 13: Women have been going to sea since the early days of our nation.
Wilh. Wilhelmsen Launches Next Generation Cargo Vessel
(Lysaker, 23 March 2011): The Wilh. Wilhelmsen group has launched its 150th anniversary vessel, MV Tønsberg, into operation. The Mark V class is the most sophisticated…
Over-Tonnaging Fears See Confidence Dip Again In Shipping Industry
Overall confidence levels in the shipping industry dropped for the third successive quarter in the three months ending February 2011, to reach their lowest level for fifteen months, according to the latest survey by leading accountant and shipping adviser Moore Stephens. Over-tonnaging and the uncertainty created by political unrest in the Middle East and North Africa were the dominant themes running throughout the responses to the survey…