Brazil Offshore Subsalt Holds 176 bln bbls of Oil, Gas -study
Brazil's Subsalt Polygon, an offshore area that has already yielded some of the world's largest recent oil finds, may hold enough undiscovered petroleum and gas…
Deadline Extended for SHIPPINGInsight Award
The judges have extending the deadline to submit entries for the 2015 SHIPPINGInsight Award from Aug. 15 to Sept. 15 to give more time for companies to participate.
‘Smart Containers’ Roll Out for Silk Road
CIMC Internet of Mobile Things International Operation and Service Co., Ltd. (CIMC IOMT) and Globe Tracker International, ApS announce commercial roll out of Smart Containers…
Great Lakes Shippers Want 'Float Down' to End
U.S. and Canadian vessel operators on the Great Lakes are urging the public to not participate in the Port Huron Float Down scheduled for August 16, the Lake Carriers’ Association (LCA) and Canadian Shipowners Association (CSA) said in a joint press release. The annual event, which fills the seven-mile stretch of the St. Clair River from Port Huron to Marysville with thousands of people in all manner of craft…
Norden Shuffles Executive Management Team
Danish dry cargo and tanker shipping company Dampskibsselskabet Norden A/S informs it has combined a number of management functions in order to reduce its executive management team from five to three members. “With the changes we are consolidating a number of functions creating a more streamlined organization,” Norden CEO Jan Rindbo stated in a press release. Effective immediately, Norden’s new plan sees the executive management team trimmed down to CEO Jan Rindbo…
Silt Deposits Reduce Mississippi River Draft
Heavy silt deposits in the Mississippi River Delta caused by recent high upstream river levels have led to a reduction from 47 to 45 feet for the maximum recommended draft for vessels using the Southwest Pass, Inchcape Shipping Services (ISS) advised. The Southwest Pass is the primary shipping channel on the Mississippi River, with a variety of cargos entering and leaving the river. It is the only channel that can be used by deep draft vessels.
Simulating Marine Collisions for a Safer Future
Collisions at sea have always been a major risk for seafarers and while the exact numbers of incidents that take place across the globe each year are hard to quantify, the number is significant. The Marine Accident Investigation Branch (MAIB) reports on average six collisions between merchant vessels in British waters every year and for every collision reported to the appropriate authorities there will be many more near-misses that go unreported.
Vessel Size, Alliances Up Pressure On US Ports -Fitch
The rise of alliances among shipping carriers and industry moves toward post-Panamax and ultra large cargo ships are pressuring many U.S. ports to address access restrictions. The widening of the Panama Canal, slated to open in 2016, will further intensify the need to accommodate larger ships. Some regional ports that serve secondary markets and are unable to process larger vessels risk losing some services or being skipped completely, Fitch Ratings says.
US Sanctions Put Gazprom-Shell Alliance Plans in Jeopardy
Royal Dutch Shell's plans to build a strategic alliance with Russia's Gazprom could be in jeopardy after the United States added one of Gazprom's biggest gas fields…
Carnival Announces Leadership Changes
Carnival Corporation & plc announced that Michael Ungerer, currently President of Germany-based AIDA Cruises, has been appointed Chief Operations Officer-Shared Services for Carnival Asia…
MSC Awards Crowley Technical Management Contract
Crowley Maritime Corp. informs that its global ship management group will continue the support work it is providing the U.S. Government with a new technical management contract for six Military Sealift Command (MSC) Maritime Prepositioning Ships (MPS). Crowley will provide full turnkey operation and management of the fleet, including crewing, and scheduled and unscheduled repair and dry-docking. The turnover phase will begin in late September.
Virtual Crane Helps Liverpool Prep for Mega Ships
In anticipation of the arrival of five of the world’s largest cranes at the Port of Liverpool this autumn, Peel Ports has introduced an on-site virtual training simulator designed to ensure all operators are ready to maneuver the giant structures from the first day of installation. Peel Ports has been working with automation leader ABB to produce a customized, high-tech training simulator tailored to interactively test the abilities and skills of drivers by presenting them with realistic…
SeaCURE BWMS Completes First Stage Testing
Evoqua Water Technologies has become the first company to complete low salinity (brackish) water testing for ballast water management solutions (BWMS), the company announced today. As part of United States Coast Guard (USCG) protocols, BWMS are designed to safely protect the environment and world economies from invasive aquatic species damage. Testing for the SeaCURE system for BWMS was completed at the Marine Environmental Resource Center (MERC) in Baltimore, Md.
Complex Steel and Cofferdam Repairs Carried Out Afloat
Hydrex has an in-house Research & Development department that can take care of the engineering aspects of an operation. In this way turnkey solutions can be offered for complex hull and other repairs that require the construction of specific equipment. All the projects are engineered and carried out in close cooperation with the customer and any third party suppliers. R&D evaluates the feasibility of an underwater repair…
Honghua Wins Order for 200 LNG Vessels
Honghua Group Ltd. informs it has signed a shipbuilding deal with LNG Power Shipping Ltd. for the construction of 200 eco-friendly inland river ships to be powered by liquefied natural gas (LNG).
Hepburn to Supply RAS System for Davie Shipbuilding
Hepburn Engineering, a global leader in naval 'Underway Replenishment' systems has announced that it has signed an agreement with Davie Shipbuilding, Canada's largest…
Daewoo Shipbuilding to Restructure Following Dramatic Q2 Loss
Firm to sell non-core assets, exit from non-essential businesses; Daewoo reported $2.6 bln operating loss in Q2. South Korea's Daewoo Shipbuilding & Marine Engineering…
JNPort Takes Steps to Regularise Traffic - GTI Shutdown
As Gateway Terminals India (GTI) (one of the private terminal at JNPort, a JV between APM Terminals (APMT) and state-owned rail operator Container Corporation of India) is facing shutdown in operations due to the strike of contractor's employees engaged by Cargotek handling yard crane operations demanding their absorption in GTI pay roll, JNPort has made an all-out effort to regularise the traffic in and around the port.
China Pushes Back on South China Sea Critics
China hit back on Monday at U.S. criticism that it restricts navigation and overflights in the South China Sea amid a festering marine territorial dispute with some of its neighbours.
Brent Edges Up off Six-Month Low
Chinese exports tumble 8.3 pct, biggest fall in 4 months; Chinese crude oil imports up 4.1 pct in July. OPEC has no plans to hold emergency meeting. Crude oil futures…