Bolidt Wins 'Supplier of the Year' Award
Bolidt has been named as one of the winners of the 8th Seatrade Insider Cruise Awards, announced during the Seatrade Med Cruise Convention 2014 - the Mediterranean's most prestigious cruise event. Judged by an independent panel of experienced cruise industry specialists, the Seatrade Insider Cruise Awards are among the highest accolades in the cruise industry. Bolidt secured the‘Supplier of the Year’ award…
DNV GL Supports Call to Put a Price on Carbon
DNV GL joins global push to put a price on carbon. Over 1,000 companies and 73 countries now support a price on carbon to start bringing down emissions. Speaking on the sidelines at the UN Climate Summit in New York, DNV GL Group Sustainability Officer Bjørn K. Haugland said the high-profile drive led by the World Bank Group calls on governments and business leaders to support a price on carbon. Seventy-three countries and 22 states…
Arctic Bay is a Strait Proves Research Ship
The crew of the Admiral Vladimirsky research vessel during the second phase of its voyage has made a number of geographical and scientific discoveries in the Arctic, the press-service of the Baltic fleet reports via Arctic-info. During navigation along the Northern Sea Route, the vessel's crew was able to prove with the help of satellite photography that Krivosheina Bay of the Novaya Zemlya islands is actually a strait.
Bream FEED Contract for Sevan Marine
Premier Oil Norway AS has awarded Sevan Marine a FEED (Front End Engineering and Design) contract for the hull and marine systems of a Sevan type cylindrical FPSO for operation on the Premier Oil operated Bream field in the Norwegian Central North Sea. CEO Carl Lieungh comments: “We are both proud and pleased to receive this FEED contract, demonstrating Premier Oil’s continued confidence in our technology.”
Deepak Shetty, Jt DG Shipping, addresses WISTA India at AGM
WISTA India conducted its second AGM on the 19th of September 2014, at the conference hall of the Narottam Morarjee Institute in Mumbai. The AGM was attended by 23 members of WISTA, and was presided over by WISTA India President, Ms Sanjam Sahi Gupta and the members of the Executive Committee. The AGM was followed by an open discussion session, where the Joint DG of Shipping, Mr Deepak Shetty, was invited to talk to the members and prospective members of the association.
UK Cross-Harbor Ferryboat Operators Fined
Carrying numbers of passengers, including schoolchildren, far in excess of its license, has cost a Hampshire ferry company £12,340, informs the Maritime and Coastguard Agency (MCA). At Portsmouth Magistrates Court the master, operator and owner of the ferry, Tina Maria, were each charged with four counts of sailing without a valid passenger certificate, and two charges of sailing with insufficient liferafts onboard.
Skandi Constructor Set for Work in Gulf of Mexico in 2015
Well Ops, Inc. a subsidiary of Helix Energy Solutions Group, Inc. is pleased to announce that its well intervention vessel, Skandi Constructor, will be available for operation in the Gulf of Mexico for the first quarter of 2015. The Skandi Constructor is a dedicated light intervention mono hull equipped with the Helix 7 3/8” 10,000psi Subsea Intervention lubricator (SIL) package. The planned campaign in the Gulf follows three very successful campaigns in West Africa, U.K.
Dubai Group Interested in Albania Deepwater Port Project
Dubai companies have expressed their investment interest in the development of Albania's Durres Port and Shengjin Port, according to Xinhua News Agency. Albanian Transport and Infrastructure Minister Edmond Haxhinasto met with the chairman of the DP World group Sultan Ahmed bin Sulayem and the delegation accompanying him, reports Xinhua. The Dubai delegation during the two day stay in Albania will visit Durres Port and Shengjin Port.
Manila's Port Gridlock Squeezing Philippine Economy
Philippine furniture maker Betiscrafts Inc should have delivered a shipment of custom-made chairs to Middle East customers last month. But a cargo from China of imported fabric needed for the upholstery has been held up by severe congestion at Manila's main port, where containers have piled up since February when a daytime ban on trucks plying the city roads came into effect. Worried about the hit to the economy, the government intervened on Sept.
Keel Laid for Crowley Jones Act Tanker
The first of four Crowley Maritime Corp. product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The 330,000-barrel, Jones Act tankers are being built through a joint venture between Crowley and Aker. Keeping with the long-held shipbuilding tradition, several coins were placed by representatives from Crowley…
Canal Marine, Techsol Marine Enter Partnership
Canal Marine and Techsol Marine announced a partnership agreement that will combine the companies' expertise for providing marine system design and fabrication, including switchboards…
Vancouver Commends Canada-S. Korea Trade Agreement
Port Metro Vancouver issued an announcement welcoming news of the signing of the Canada-Korea Free Trade Agreement yesterday in Ottawa. The agreement will significantly…
Today in U.S. Naval History: September 24
Today in U.S. 1918 - Ensign David S. Ingalls, USNR, in a Sopwith Camel, shoots down his fifth enemy aircraft, becoming the first U.S. Navy ace while flying with the British Royal Air Force. 1960 - First nuclear powered aircraft carrier, USS Enterprise (CVAN-65), launched at Newport News, Va. For more information about naval history, visit the Naval History and Heritage Command website at history.
Not All Contangos are Created Equal
After the collapse of the global financial system in 2008, crude oil forward curves moved into steep contango. Fortunes were made in storage asset plays in 2009-2010, which is likely the reason that so much attention is being devoted to the topic today; however, the contango is inherently different today than it was after The Great Recession. As the U.S. energy revolution continues to develop, global crude oil supply and demand dynamics have begun to evolve.
Warplane Bombs Port in Libya's Benghazi
A warplane attacked the non-oil port in Libya's eastern city of Benghazi on Wednesday, witnesses said. Forces loyal to former general Khalifa Haftar said they carried…
Pay-As-You-Go Satellite TV Service
KVH TracVision owners in the U.S. KVH Industries, Inc., is bringing the benefits of “Pay-As-You-Go” satellite TV service from DISH Network to customers in the marine market for the first time. This program gives seasonal boaters with TracVision satellite TV antenna systems the flexibility to pay for DISH Network service only when their boat is in the water. There is no charge for starting or stopping monthly service. This new program broadens the appeal of satellite TV on a boat.
Judge Rejects BP Bid to Recoup Some Spill Payments
A U.S. judge has ruled that BP Plc cannot recoup what it says were inflated claims paid under a multi-billion dollar settlement program to compensate people hurt by the 2010 Gulf of Mexico oil spill…
Russian Class & Arctic Operations
When it comes to Arctic operations, the Russians arguably have more hands-on experience and investment than any other nation. With that in mind, Maritime Reporter spoke recently with Georgiy Bedrik, Head of the RS Business Development Division, for his input on RS and matters of the Arctic, maritime and offshore. Please give a brief description of the market you serve. In maritime, RS renders a full scope of classification services for ships including plan approval…
Is the US Prepared to Protect Its Arctic Interests?
The answer to this question is a resounding “no.” The U.S. is not prepared to protect its interests in the Arctic over the next decade. The primary legal regime that is being relied upon by all members of the Arctic fraternity, the Law of the Sea Convention, has not been adopted by the U.S. The operational resources needed to pursue our interests have not been funded and there is currently little prospect that they will be funded in the near future. U.S. interests in the Arctic are vast.
Ocean Liner Queen Mary Rings in 80 Years
Beloved ocean liner Queen Mary turns 80 on September 26, and the public is invited to join a ship-wide celebration. The Queen Mary will open her gangways and ballrooms, decks and salons, attractions and eateries to a daylong celebration. There will be no charge for admission to the ship (10 a.m. - 7 p.m.), discounted ship tours and $5 parking. Commemorations will include the reading of letters by King George V at the ship's launch on Sept.