China's Pingtan Sells Subsidiary Companies to Chairman
Nasdaq-listed Pingtan Marine Enterprise Ltd. (PME) is to sell its 100% owned dredging subsidiary, China Dredging Group and its PRC operating subsidiaries, Fujian Xing Gang Port Service Co., Ltd.
Iraqi Port of Basra Container Terminal Opens
NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings (NAWAH), in partnership with the General Company for Ports of Iraq, has launched the first phase of a containerized terminal at Al Maqal Port, also known as the Port of Basra. The opening ceremony marked the completion of an essential yearlong phase for NAWAH and the modernization project for Al Maqal, culminating in the initiation of commercial operations at the newly containerized Berth 14.
Viking Supply Ships Ink Long Term AHTS Charters
Viking Supply Ships has entered into a contract with a major oil company for the charter of the AHTS-vessels “Loke Viking”, “Magne Viking”, “Brage Viking” and “Balder Viking”. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017. The drilling season is expected to commence around April / May each year. The total value of the contract’s firm period including mobilization fee is around MUSD 120.
ABB's OCTOPUS Helps Keep Heavyweight Semi-Submersibles Safe
80% of the world’s semi-submersible heavy-lift vessels are equipped with motion monitoring and decision support systems says ABB, including the 'Dockwise Vanguard' recently contracted to lift and carry off the 'Costa Concordia'. Offshore oil and gas platforms and floating production centers are getting bigger and heavier, and the ships that transport them across the oceans of the world are getting bigger and heavier as well.
Two More Ulstein PSVs for Vroon Offshore
Ulstein has entered into an agreement with COSCO (Guang Dong) Shipyard Co. Ltd, China, on deliveries of ship design, power and control equipment and onsite follow-up services of two platform supply vessels of the PX121 design. The vessels are ordered by Vroon Offshore Services of the Netherlands. “These two vessels are part of the Vroon commitment to our business partners and will support us in meeting their service requirements in the best possible way.
ITIC Issues Warning on Forged Documents
ITIC has warned shipping intermediaries to be on the look-out for cleverly forged documents which could result in them being held liable for substantial claims by cargo interests.
AAIB Granted License to Operate in Somalia
Regional insurance brokerage and risk management company AAIB first to be granted license to operate in Somalia as economic opportunities drive demand. Regional specialist in broking, risk management and consultancy Anglo Arab Insurance Brokers (AAIB), has broadened its footprint, within the Middle East and North Africa (MENA) region being the first international insurance broker to have been granted a licence to operate in Somalia.
Eni Launches Green Data Center
A little more than two years after laying the foundation stone, Eni has opened its new Green Data Center in Ferrera Erbognone (Pavia). The building will host Eni’s central computer processing systems, both for information management and seismic simulation processing (High Performance Computing). “Let's give energy a new energy” is the philosophy which underlies Eni’s decision to make the project available…
Shipping Giants Confirm Interest for Haropa
Haropa-Port of Le Havre is in the heart of the new "P3 Network" of shipping lines in Europe scheduled by the world’s three leading shipping lines: MAERSK Line, MSC and CMA-CGM. Haropa-Port of Le Havre gets ahead of its direct competitors for the number of services allocated by the "P3 Network." Five Asia-Europe services out of the eight will actually be set up in 2014 between Asia and Northern Europe and three transatlantic services.
Martek: “BNWAS Password Protection is Essential”
The recent announcement that the grounding of MV Danio on the Farne Islands off the Northumberland coast on March 16 was due to the ship’s Bridge Navigation Watch Alarm System (BNWAS) being switched off has been highlighted by Martek as yet another example of the need for password protection on BNWAS. Martek pointed out that the IMO’s BNWAS performance standards set out in MSC.128(75) state that “the…
APL Saves $30M/Year through Hull Optimization
In connection with an order of a series of 10 new 13,800 TEU container vessels from the world’s largest shipbuilding company Hyundai Heavy Industries (HHI), the global container transportation company APL requested DNV Maritime Advisory to cooperate with the shipyard to ensure superior hull efficiency of the vessels. Ships used to be optimized for the design point (i.e. to give the best performance at the design draft and speed); however, the ship seldom sails in that condition.
Bore, NAPA & ClassNK Team for Energy Consumption Study
Saving energy on fleet operations is a top line concern for every vessel owner, large and small. 110-year-old Finnish shipowner Bore teamed with NAPA and ClassNK to help identify energy waste on not only its ships operating today, but those planned for tomorrow. As global environmental legislative mandates and rapidly escalating fuel prices cumulatively conspire to drive ship owners to find and eliminate energy waste on commercial marine vessels…
Navios Acquisition Proposes Private Offering
Navios Maritime Acquisition Corporation announced that the company and Navios Acquisition Finance (U.S.) Inc., its wholly owned finance subsidiary, intend to offer through a private placement…
Third Damen PSV Delivered to World Wide Supply
Damen Shipyards Galati has handed over the third Platform Supply Vessel in a series of six to World Wide Supply of Norway. This six-ship order heralds a new era in offshore construction for Damen Shipyards Group. World Pearl is built to Damen’s entirely new PSV 3300 design. The first of the Class PSV 3300, World Diamond, was delivered in July to the Norwegian company. “Delivery of the first PSV 3300 represents a new era in Damen’s continuing offshore supply vessel story…
EDS Makes Two Senior Appointments
Environmental Drilling Solutions (EDS), a provider of drilling waste management, solids control and backyard management solutions to the oil and gas industry, announced two senior-level additions to its management team: John Meckert as chief executive officer (CEO) and John Marty III as business development manager. Meckert joins EDS with 23 years of experience in the oil and gas industry, primarily in oilfield services and drilling.
Damen Quick Docking/Fuel Saving Package
Damen Shiprepair & Conversion developed a new product, the Quick Docking/Fuel Saving package, offering owners a fast and low-cost additional docking with the sole aim of reducing fuel consumption in between the five-year statutory survey period. The first vessel booked under the new concept has docked at Damen Shiprepair Brest (France). It is the capesize bulker Castillo De Catoira operated by Spanish company Empresa Naviera Elcano.
MTU Series 8000 Marine Engines
The MTU Series 8000 was awarded Naval Vessel Rules (NVR) certification by ABS. The new certification, a requirement for the U.S. Navy’s Littoral Combat Ship (LCS) and Joint High Speed Vessel (JHSV) programs, was awarded to Tognum subsidiary MTU Friedrichshafen GmbH after 1,500 hours of testing of the 20V 8000 that included run times at 110% of the engine’s rated power in a variety of extreme environmental conditions.
Air Products Nitrogen Membrane Generator
Norwegian-based Air Products was selected by Harvey Gulf International Marine to supply Nitrogen Membrane Generators for the six newly ordered LNG fueled PSVs to be built at Trinity Offshore. The NC 1.1 series cabinet model consists of a complete N2 Generator, a control panel and a feed air pretreatment with a PLC control. The Nitrogen Membrane System is approved by all international marine standards.
FloScan: ABS Certification for New Flowmeters
FloScan Instrument Company said that the new Series K Stainless Steel Diesel Flow Sensor that has earned ABS Product Design Assessment Certification. FloScan is a manufacturer of fuel monitoring systems for permanent installation on diesel and gasoline engines. FloScan Systems are installed worldwide on commercial and recreational vessels, stationary industrial generators and general aviation aircraft.
Fitch Fuel Catalyst
“We have completed a series of experiments studying and measuring the ability of a novel catalyst to constructively modify commercial gasoline and diesel fuel. This catalyst has the ability to selectively remove hydrogen and/or add oxygen to hydrocarbon components of fuel. The catalyst demonstrated the ability to produce reformed fuel species at room temperature, which is novel and provides evidence these catalysts are broadly applicable in fuel applications,” including marine.