Quality Counts as AMC Boosts Production
Aluminium Marine Consultants (AMC) celebrated its acquisition of ISO 9001 quality management certification in June by placing four High Speed Support Vessels (HSSV) under build simultaneously in its new Isle of Wight UK building hall. By mid-June, the hull of the first 21-meter vessel for wind farm industry service provider Cwind was up to the gunwales, plating was underway on a second 21-meter craft and work had just started on both 23-meter HSSVs in the four vessel order.
Med Crude-Russian Urals Weakens in Mediterranean
Russian Urals crude weakened in the Mediterranean on Monday and paper swaps showed potential for the grade to lose further ground in August. In the Platts window…
Naval Symposium Examines Ship Capabilities, Career Options
The annual Surface Navy Association (SNA) West Coast Symposium was held on the waterfront at Naval Station San Diego on July 16, and provided attendees an update on some key operational and career developments important to the surface warfare community. Capt. Mark Johnson, president of the SNA San Diego Chapter, was the host and master of ceremonies for the symposium. Capt. Warren Buller, commander of LCS Squadron 1…
Eagle Ocean Marine Grows Market Share
Eagle Ocean Marine (EOM), the specialist fixed premium P&I and FD&D (Freight, Demurrage and Defense) facility underwritten by the American Club, has reported a solid fourth year of operations, and a strong start to its fifth year of activity, following the successful renewal of its quota-share and excess of loss reinsurances with Lloyd’s underwriters as of July 1, 2015. Over the past year, tonnage…
GTT Bags Order from Imabari
GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has received a new order…
Shearer Group Designs Bunker Barge
The Shearer Group, Inc. (TSGI) informs it has recently completed the design of a 130’ x 35’ x 10’ double skin bunker barge for an unspecified Gulf Coast marine fuel supplier. The new barge design features below deck piping for cleaner and safer deck operations, the designer noted. Above deck are five oil tanks and one potable water tank. Capacities: Fuel oil: 4,500 barrels Potable water: 40,000 gallons Lube oil: 20,000 gallons
Sanction Free Iran to Accrue Strong Investment
After 10 years of diplomatic negotiation, the UN P5+1 countries (the U.S., the U.K., France, China, Russia and Germany) reached an agreement to unwind economic sanctions…
JIP Produces Next-generation LNG Carrier Design
The LNGreen joint industry project brought together experts from DNV GL and industry specialists from GTT, Hyundai Heavy Industries (HHI) and the shipowner GasLog to develop a state-of-the-art next-generation LNG carrier. Combining the knowledge and experience of each of the project’s partners, developers say the vessel concept offers improved environmental footprint, energy efficiency, boil-off rate and cargo capacity, making it better suited to future trading patterns than existing vessels.
Crowley Bolsters LNG Equipment Fleet
Crowley Maritime Corp. informs it has responded to increased market demand, acquiring 16 additional ISO tanks for its Carib Energy group that will be used to supply, transport and distribute U.S.-sourced liquefied natural gas (LNG) to customers in Puerto Rico, the Caribbean and Central America. The 40-foot tanks, which each hold 10,700 gallons of LNG, now feature technological improvements that increase the offload rate, allowing for faster fuel transfers to customers.
Hapag-Lloyd Implements UV Ballast Water Treatment
German shipping company Hapag-Lloyd relies on chemical-free UV ballast water treatment from GEA for fitting its containership fleet. In April 2015, the BallastMaster ultraV 500 was technically accepted on board Panamax containership London Express (shipboard acceptance approval). “With a throughput of 500 cubic meters per hour, our DNV-GL-certified system performs the required ballast water cleaning…
New Maritime College Planned for India
One of India’s leading maritime businesses has unveiled plans for a new $10 million maritime training college in the Patna district of Bihar State in India. Capt. Nalin Pandey, chairman and managing director of Mumbai-based Pentagon Marine Services, made the announcement as he collected an award for services to the Indian and international maritime community at the Link India U.K. Business Awards in London. The award was presented by the Indian Deputy High Commissioner to the U.K. Dr.
LR, Penn Oak Energy Partner for LNG Retrofit Service
Lloyd’s Register North America, Inc. (LR) has teamed with Penn Oak Energy Corp to help companies raise capital and mitigate the technical risks associated with retrofitting…
Foreign Steel Cuts Lakers’ Ore Float in June
With foreign steel now commanding nearly 32 percent of the U.S. market, it was inevitable that iron ore cargos hauled in U.S.-flag Great Lakes freighters (lakers) would take a hit…
HHI’s New Weather System Helps Plan Sea Trials
A new system has been developed by South Korean shipbuilder Hyundai Heavy Industries (HHI) to help better manage sea trial schedules for vessels built at its Ulsan yard. The new Sea Weather Forecasting System, developed by HHI in collaboration with Korea Institute of Ocean Science & Technology (KIOST), analyzes sea weather information such as wave height, wind speed and current patterns on an hourly basis in seven offshore areas including Ulsan…
Market Rife Merger Talk, NOL Says Not Yet
As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates. NOL was in merger talks with Hapag-Lloyd back in 2008, but investors became gun-shy when the market crashed later that year. Japan's NYK and MOL have also been mentioned as suitors.
Vallianz Signs $458mln Contracts to Extend OSV Charters
Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore support vessels (OSV) with an existing customer in the Middle East. The 15 anchor handling tug supply vessels and four platform supply vessels will continue to be deployed to the customer until June 2018, with an option to extend for two more years until June 2020.
Barge Collision Spill Impacts Houston Ship Channel
A section of a key Gulf Coast waterway was shut after two barges collided Monday, setting one afire and possibly spilling a gasoline additive near the entrance to the Houston Ship Channel, the U.S.
NNPC Bans 113 Oil Tankers from Nigerian Waters
Nigeria's state oil company NNPC has banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari, in what traders said could…
Libyan Planes Sink Ship, Attack Another near Benghazi
Libyan war planes sank one ship and attacked a second vessel on Sunday near the eastern city of Benghazi, military spokesmen for the country's internationally recognized government said on Monday.
Concerns Remain Over the Use of Low-sulphur Fuel
As a global move toward using cleaner fuel takes place, countries are forming new or reforming old regulations which see jurisdictions increasingly demanding the…