Coal Export Facility to be Built at Bunbury Port
Western Australia's Environment Minister, Greg Hunt, has approved plans to build a $500 million coal export facility at Bunbury Port. Construction is expected to start in mid-2015, with the first exports planned for 2017. Coal for exports will travel to the port by rail. The facility will require dredging up to 1.9 million cubic metres at the port and blasting 20,000 cubic metres of rock. Approval was given with a number of conditions…
Australian Warship Joins SW Pacific Exercises
The ANZAC Class Frigate has left Noumea after spending three days strengthening relationships with the French Armed Forces New Caledonia (FANC) and promoting multilateral security cooperation. Commanding Officer of Parramatta, Commander Simon Cannell, said the visit provided professional insight to enhance operations and exercises within the region. “France is a valuable partner with Australia in the Pacific.
Ocean Freight Contract Management Post-P3
The recent decision by Chinese antitrust authorities to block approval of the P3 Ocean Carrier Alliance has increased the demand for Ocean Contract Management. In response, Freightgate is offering free demonstration of its award winning Rate & Tender Management Tariff-Trek! Solution. The proposed mega-alliance by the world’s three biggest shipping - Maersk, Mediterranean Shipping Co and CMA CGM would have created common tariff pricing to most of the world’s ocean ports.
Challenges in the FPSO Supply Chain: Round Table
FPSOs play a key role in deepwater oil and gas production. A 'DW Monday' analysis of FPSO projects found cost overruns of nearly 40% and average project delays exceeding one year for some. Poor presentation of specification by operators: “Requirements are presented in stacks of documents. Over-engineering and scope creep: “Scope creep happens all the time in every project. Local content requirements: “Changing of specifications [for] local content are major concerns.
Harding Inks Deals with Three Industry Giants
In the past few weeks, Harding, an international supplier of maritime safety equipment, has signed three framework agreements with Statoil, Petrobras and A.P. Møller Mærsk. "This shows that our global strategy of being a complete supplier of both equipment and services was the right strategy for the company," said Styrk Bekkenes, CEO of Harding. Statoil is Harding's biggest client on the Norwegian continental shelf, with over 120 lifeboat systems in operation.
Det norske Lifts Resource Estimate for Ivar Aasen Field
Norwegian oil firm Det norske has lifted the resource estimate for the Ivar Aaasen field in the North Sea after signing an agreement to combine several adjunct licenses and good drilling results…
BMT and Charta Software Form Partnership
BMT ARGOSS (BMT) and Charta Software have announced a partnership to develop a multifunctional software package named METRIS, (Modelsysteem voor Evaluatie Tijpoortregeling en RIsico’S bodemberoering), meaning ‘Model system to evaluate tidal admission policy and risk of seabed touchdown’, for the Dutch Directorate-General. The partnership aims to meet clientele needs by combining BMT’s experience in heading analysis…
OW Bunker Launches 3rd Barge in Singapore
OW Bunker, a physical distributor and reseller of marine fuels, today announced the launch of its third barge in Singapore. According to the company, the move is part of its strategy to continue the expansion of its physical operation in the region. The vessel also has a Coriolis Flow Meter installed, which has been approved by the Maritime and Port Authority of Singapore (MPA). Marine Noel, operated by Sinanju Tankers Pte Ltd, is a modern, 4,700 DWT barge, built in 2012.
IACS Updates Strategy and Elects New Chairman
The International Association of Classification Societies (IACS) has updated its forward strategy and work plan for the upcoming year at its 69th Council meeting held in Santa Margherita, Italy, chaired by Roberto Cazzulo, Chairman of RINA Services and outgoing IACS chairman. During the three days of Council high-level meetings were held with the IMO Secretary-General and Industry representatives, who participated at relevant sessions of the Council meeting.
DELO Invests to Boost Shipping Business
Over the past three years, DELO Group, a Russian private transport company, has implemented an investment program, including rail and other adjacent port infrastructure, construction of stevedoring and inland storage terminals for oil products, construction of the KSK grain terminal, acquisition of 50% of the NUTEP container terminal from its JV partner and an expansion program turning the terminal into a chief container terminal throughout Russian coasts.
EIVA Widens Indian horizon
EIVA has chosen to expand its activities in India, as the offshore specialist is seeing an increasing interest in its solutions in the country. As a result, EIVA has entered into an agreement with Pan India Consultants Pvt. Ltd., making it authorized EIVA reseller. In recent years, EIVA has seen continuous growth in the demand for its hardware and software solutions from the international offshore industry. This has led to a number of new authorized resellers throughout the world.
Meyer Werft, Finland Plan to Buy STX Shipyard
Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the Finnish economy ministry said on Monday. STX Europe belongs to Korean STX. The Turku shipyard specialises in building cruise ships and has suffered from a lack of orders in recent years. STX said last year it was looking to sell some of its shipyards.
BSMA Orders Transas Offshore Simulator
At the end of May 2014, Batumi State Maritime Academy (BSMA) and Transas Marine Black Sea signed a contract for supply and installation of the Transas Full Mission Offshore simulator. The simulator complex will be one of the most advanced in the Black Sea region. The full mission Transas offshore simulator with 270 degrees visualization is based on the Transas NTPRO 5000 software and will be used for training in dynamic positioning operations.
Varadkar Praises Dublin Port’s Financial Performance
Irish Minister for Transport, Tourism and Sport, Leo Varadkar has announced that Dublin Port Company has paid a dividend of €8 million to the State based on its financial results for the year ended December 31, 2013. The payment is in line with the company’s commitment to making a dividend payment of 30% of profit after tax, annually. It follows the company’s total dividend payment of €15 million last year…
SiVance Debuts New Silicone Curative
SiVance, LLC, a subsidiary of Milliken & Company, today unveiled SiVance C1008 Curative, a new silicone curative that aims to improve the durable flexibility of epoxy polysiloxane protective topcoats in marine and infrastructure applications, without sacrificing weatherability. SiVance said the development of this new curative technology solves a major challenge common to epoxy polysiloxanes: brittleness and cracking that can develop over time as the coating cures.
ICS Produces Guidelines for IMO Regulation
Guidelines helping shipowners comply with a new International Maritime Organization (IMO) regulation, requiring ship-specific planned procedure for recovering individuals from the water, have been launched by the International Chamber of Shipping (ICS). Under the new SOLAS Regulation, effective July 1, all ships are required to develop plans and procedures that identify the equipment used for recovery…
India's Infrastructure Output Growth Slows
India's annual infrastructure sector output growth slowed to 2.3 percent in May from 4.2 percent in the previous month, government data showed on Monday. The infrastructure sector…
Eastern Launches Another Hornbeck Vessel
Eastern Shipbuilding Group, Inc. announced the launch of the HOS Black Watch (Hull 208) on Friday June 6, 2014 for Hornbeck Offshore Services, LLC. The HOS Black Watch is Eastern’s fourth vessel in Hornbeck Offshore’s HOSMAX 310 class series. The launching event was held at Eastern’s Allanton facility with hundreds of Eastern employees and guests in attendance. Also attending from Hornbeck was Bill Krewsky…
Preparations Needed for 2015 Sulphur Regulations
With six months until the January 1, 2015 deadline, owners and operators urged to plan ahead to manage their ECA fuel needs. With exactly six months to go until…
Historic Great Lakes Shipwreck Possibly Discovered
Steven Libert, president of the Great Lakes Exploration Group, announced he has located what is believed to be the remains of Le Griffon, the first European ship to have sailed the upper Great Lakes. The 45-ton barque carrying seven cannons was built by the legendary French explorer Rene-Robert Cavalier, Sieur de La Salle who was attempting to establish a Northwest Passage through Canada. La Salle…