Maersk Drilling to Buy Seven New Rigs by 2017
The drilling unit of A.P. Moller-Maersk plans to place the first order within the second half of 2013 as part of its campaign to double its fleet to 30 over the next five years…
N. American ECA May Tighten Supply of Distillate Fuel
The primary concern associated with the implementation of the new ECA specs has been the cost involved with moving to low sulfur fuel oil as less and less LSFO is being produced.
Semi-submersible Wind Turbine Project Seeks EU Funding
According to a 'Recharge' report, the trial-run WindFloat 1 (WF1) has flowed more than 1.7GWh of energy since being moored in the Atlantic in 43 metres of water…
Kleven Maritime to Build Two PSV's for Atlantic Offshore
The vessels are to be built at Kleven Maritime’s shipyard Myklebust Verft. The contract also includes an option for a further vessel of the same type. Atlantic Offshore, based in Sotra, Norway, has signed a long-term contract with Statoil for the two PSVs now ordered, and the vessels will enter this chart immediately after delivery in Q1 and Q3 2014. The vessels are of VS 485 MKIII L, a vessel type Kleven Maritime has built several of previously.
Major China Shipyard to Reduce Capacity, Relocate
China’s Yangzijiang Shipbuilding is shifting its operations in Jiangyin to a new site in Jingjiang of Jiangsu Province Jiangyin municipal government will pay RMB720m (USD$113.39-million) to Yangzijiang Shipbuilding as compensation for the relocation according to an agreement signed by the two sides earlier. Yangzijiang said it would reduce some capacity in the new site and stop production at its current yard by September 30 and finish the relocation by March 31, 2013.
MHI to Develop"UEC-LSGi," Low-speed, 2-stroke, Dual-fuel Marine Diesel
Mitsubishi Heavy Industries, Ltd. (MHI) has begun developing "UEC-LSGi," low-speed, dual-fuel, marine diesel engines capable of using not only conventional heavy oil but also natural gas for their fuel. The new engine will be added to the lineup of the Mitsubishi UEC Engine Series, the company's 2-stroke, low-speed marine diesel engine brand. Scheduled to be launched onto the market in 2015, MHI aims to reduce the economic and environmental burden on ship operators.
OLF Lockout Means Statoil Production Shutdown
Statoil preparing to halt production after notice of lockout. Statoil is preparing to shut down production on the Norwegian continental shelf (NCS) following a notice of lockout.
Milestone for Jotun’s Hull Performance Solutions (HPS)
Jotun COSCO Marine Coatings (Qingdao) Co Ltd has announced that the company has reached an important agreement with COSCO Container to help reduce fuel costs and carbon emissions.
Incat Crowther Wins Design Contract for 25m WFSV
Incat Crowther has been awarded a contract to design a 25m Catamaran Wind Farm Service Vessel. Construction of the vessel has commenced at MMS Ship Repair in Hull, in the UK. Designed to meet an industry demand for increased cargo capacity and flexibility, the vessel will feature a large forward cargo deck that caters for a single 20-foot container, or a pair of 10 foot containers. 20 foot containers can be mounted longitudinally or transversely…
The Hearsay Portal: part 2 of 2
Dr. Jim Giermanski (Chairman, Powers Global Holdings, Inc.) and Chris Giermanski (Director of International Operations, Transportation Services, Inc.) weigh in on the balance between facilitating trade and guaranteeing cargo identity and quantity - and what CPB needs to do to achieve just that. Part 1 of this 2 part report ran online on Marinelink on Tuesday, July 3rd. The motor carrier, rail carrier, or vessel carrier simply don’t know what is in an already loaded, sealed conveyance.
Lloyd's Register Acquires India's Reltech Consulting
Lloyd’s Register has acquired the business and principal assets of the Mumbai-based nuclear risk specialists, Reltech Consulting (Reltech), in a move designed to…
ClassNK Releases First Harmonized CSR Software
ClassNK (Chairman and President: Noboru Ueda) has released the world’s first software package for use with the new IACS Harmonized Common Structural Rules (CSR) for bulk carriers and oil tankers, which were released at the beginning of July 2012. The release makes ClassNK the first classification society to release Harmonized CSR compliant software for use by the maritime industry. IACS’ new Harmonized CSR have been widely anticipated as the next step in shipbuilding requirements…
IEA: Renewable Energy Growth Will Accelerate
Renewable power generation is expected to continue its rapid growth over the next five years, according to a new report from the International Energy Agency<http…
Wildcat Takes Delivery of Blyth 17m Workcat
Windfarm support company Wildcat Marine has taken delivery of the first 17-metre Blyth Workcat. The new boat was handed-over in Southampton, UK, and is now based in Barrow in Furness from where it is currently providing support services for the Walney Wind Farm. The new boat, “Wildcat 3”, is the largest catamaran ever built by Blyth Workcats and the company is confident that it will introduce a new standard of performance and economy for the wind farm support industry.
EnerMech Targets India in Latest Expansion
Mechanical engineering specialist, EnerMech, is to open its first office in India as a first step in developing a presence in the country’s fast expanding oil and gas sector. The Mumbai office, headed up by newly appointed Country Manager Steve Watson, will be followed with the opening of a workshop and storage facility in Kakindada, Andrah Pradesh region, by the end of 2012. EnerMech believes its Process…
Diana Shipping Inks Time Charter Contract for Capesize Bulker
Diana Shipping Inc.(NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that it has entered into a time…
Jotun to Supply Hull Coatings to COSCO Container
Under the terms of the agreement, Jotun will supply its top of the range Hull Performance Solution, including SeaQuantum X200 antifouling paint and a High Performance Guarantee…
Stolt-Nielsen Reports Strengthened Financial Performance
Net profit attributable to shareholders in the second quarter was $37.0 million, with revenue of $538.8 million, compared with $8.0 million and $505.7 million, respectively…
Mexican Gulf Energy Lease Sales – BOEM Issues Environment Analysis
The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has completed the Final Environmental Impact Statement (FEIS), with environmental analysis…
Tognum Starts on Building MTU Poland Facility
The Tognum Group has begun building its new production facility in Stargard Szczeciński in Poland, where in future Tognum’s subsidiary, MTU Polska, will manufacture components for MTU engines. The new plant is part of the Tognum Group’s global expansion strategy and is due to start production in the second half of 2013. When it becomes fully operational, it will have a workforce of over 200. The new plant is part of the Tognum Group’s global expansion strategy.