Demand Rising for Cyrogenic Valves in Marine Sector
UK-based manufacturer of cryogenic valves Bestobell Marine said it has seen a major increase in demand for its cryogenic valves from the marine sector in the U.S. This is largely due to the new Emissions Control Areas (ECA) which is increasing the number of dual-fuel vessels being commissioned which require cryogenic valves. One of the first major contracts that Bestobell secured in the marine sector in the U.S. was for the Harvey Gulf International Marine ‘Going Green’ project.
Some 50 Migrants Found Dead in Boat off Libya
Some 50 migrants were found dead in the hold of a boat off the coast of Libya on Wednesday during a rescue operation which saved 430 other people, the Italian coast guard said.
Ulstein Verft Launches its Largest Ship to Date
On August25, shipbuilder Ulstein Verft launched from its dock hall a special offshore construction vessel, Yno 302, for Island Offshore and Edison Chouest Offshore. The newbuild measures close to 160 meters in length with at beam of 30 meters, making her the largest offshore vessel built at Ulstein Verft to date. A video of the launch is available here. According to the builder, the vessel’s total steel volume is about 8,800 metric tons – approximately the same as five platform supply vessels.
What Have We Learned From Hurricane Katrina?
To mark the 10th anniversary of Hurricane Katrina, specialist insurer Allianz Global Corporate & Specialty (AGCS) has released a report analyzing windstorm risks and losses and how to mitigate future losses, given increasing weather volatility. Chris Fischer Hirs, CEO of AGCS, said “Even without considering the influence of climate change, the prospect of increasing windstorm losses is more likely in future due to continuing economic development in hazard-prone urban…
Hapag-Lloyd Continues on Path for Profits
Container shipper Hapag-Lloyd said it has increased transport volumes and revenue as well as earnings in the first half of 2015 as volume growth was driven by a merger with Compañía Sud Americana de Vapores (CSAV) that made Hapag-Lloyd the fourth largest carrier globally by capacity. The transport volume increased to around 3.7 million TEU in the first six months of 2015, up 29.4 percent compared to the same period in 2014 and mainly due to the merger with CSAV, the shipper said.
Maersk Seeks to Shut Janice in UK North Sea
Maersk Oil said on Wednesday it would seek regulatory permission to shut its Janice installation, which produces around 7,000 barrels per day (bpd) from three UK North Sea oilfields, as the Danish firm reviews its operations due to falling oil prices. It is one of the first North Sea oil fields to be threatened with closure due to the drop in prices, with Brent crude futures having plunged to around $43 a barrel from over $100 a barrel last June.
Five Minutes with Roy S. Strand, COO, Goltens Worldwide
As Goltens celebrates 75 years serving the maritime industry, Roy Strand discusses the iconic company’s historic market strengths and its big push into the Ballast Water Treatment sector. Your company is celebrating its 75th anniversary this year. For readers who may not be familiar with the details of the company, can you provide a brief on its founding? The company was founded by Sigurd Golten in 1940. Golten was born in Western Norway and sailed as a merchant engineer from the age of 14.
US Navy Sub Completes Arctic Deployment
Fast-attack submarine USS Seawolf (SSN 21) returned to its homeport of Naval Base Kitsap-Bremerton August 21, following a six-month Arctic deployment during which it conducted routine submarine operations, including under-ice transits and under-ice operations. "The crew performed superbly on multiple operations in the 6th Fleet area of responsibility," said Cmdr. Jeff Bierley, Seawolf's commanding officer, from Birmingham, Alabama.
Ballast Water Tech Business Gearing for a Surge in ‘16
While the trek to see the ballast water technology market ‘really take off’ has stretched more than a decade longer than he anticipated, Ecochlor’s president Tom Perlich has maintained course and is ready to grow in rapid step with the market. When Tom Perlich left Corporate America in 2001 to start Ecochlor, he left behind the security of a major corporation and all of its benefits, just one month after the birth of his fourth child. Why?
NNPC Ends Offshore Processing Agreements
Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday.
MN 100: Baker Marine Solutions, LLC
Baker Marine Solutions (BMS) is an industry leader providing marine assurance and consulting services, performing DP assurance, OCIMF- OVID inspections, IMCA CMID inspections, and marine warranty surveys as well as on board marine representation, and project/vessel management services. BMS has provided analysis for most major oil companies, on some of the largest most sophisticated offshore vessels operating in the industry today.
MN 100: AEP River Operations
AEP River Operations offers the largest covered hopper fleet of any carrier. Complementing its barge operations is a fleet of over 80 boats ranging in power from 1,550 to 11,000 hp. Headquartered in St. Louis, Missouri, AEP River Operations is a barge company offering service in the transportation of dry bulk commodities – grain, project cargo, coal, steel, ores and other bulk products – throughout the inland river system.
Interview: Germán Carlos Suárez Calvo, CEO of Astican & Astander Shipyards
How did you find a career in the maritime industry? As a consequence of my father´s dedication to the industry, as founder of a shipping agency in the early eighties as well as partner in a large shipping company and shipyard´s ownership, I grew up in this atmosphere and orientated my academic training towards being able to continuing what he and his business partners created and developed. Although I did start my professional career dealing with other type of businesses within my family…
MN 100: Blount Boats, Inc.
Over time, the Blount shipyard has built 363 vessels, including such iconic designs as the 130-foot, 600-passenger Miss Liberty. Built in 1952, the vessel is believed to have carried more total passengers than any other vessel in the world. Hull number 93, built in 1955, the “Blount 65’ made its debut and was an immediate success with ferry, commuter and excursion operators. Just under 65’ long, it was an important “break point” in Coast Guard regulations.
The FPSO Cost Discussion
At first, the oil-price and project-cancellation forecasts had hushed the audience at FPSO Europe Congress 2015. Speaker No. 1 had delegates looking at each other for signs of fear. Then, rival contractors — veterans of many a bitter tender — piled on the logic of their own methods for cost-cutting in floating production storage and offloading projects. Rather than stamp out competing arguments, a relentless costs discussion had another, unexpected effect.
Powering the First Electric Commercial Fishing Boat
Corvus Energy announced a Corvus ESS with a Siemens BlueDrive PlusC marine propulsion system will power the Selfa Elmax 1099 electric fishing boat designed and built by Selfa Arctic AS. The 11 meter electric vessel will have a 195 kWh ESS consisting of 30 Corvus AT6500 lithium polymer battery modules. The fishing boat, designed to operate entirely on Corvus battery power over a planned 10-hour working day…
USCG Medevacs Sailor from Navy Destroyer
U.S. Coast Guard rescue crews medically evacuated a 23-year-old male Tuesday at approximately 10:40 p.m from U.S. Navy guided-missile destroyer USS James E. Williams (DDG 95), 220 miles off the coast of Chatham, N.J. Coast Guard 1st District Watchstanders received notification from Navy Fleet Forces that a crewmember had a medical condition that required immediate attention at approximately 9:45 p.m.
Keel Laid for US’ Next Aircraft Carrier
Newport News Shipbuilding celebrates the keel-laying of aircraft carrier John F. Newport News Shipbuilding, a division of Huntington Ingalls Industries (HII), celebrated the keel laying of the aircraft carrier John F. Kennedy (CVN 79), the second ship of the Gerald R. Ford class. Caroline Kennedy, the daughter of the ship's namesake, the 35th President of the United States, is the ship's sponsor. She…
Austal Delivers Record Profit Increases
Shipbuilder Austal Limited announced it has delivered record revenue and record earnings for the year ended June 30, 2015, with Net Profit After Tax (NPAT) of $53.2 million, a 66.8 percent increase on FY2014. Austal’s best result in its 27-year history was generated from revenue of $1.41 billion, a 26 percent increase on FY2014, achieved from multiple vessel programs, including major navy defense and patrol boat programs for the U.S.
Collaboration Helps Save 2 from Sinking Yacht
The U.S. Coast Guard, the Alpena Sheriff's Department and several good Samaritans are assisting two men aboard a 42-foot sailboat that began taking on water early Wednesday morning 18 miles east of Alpena, Michigan in Lake Huron. Shortly after 9 a.m., watchstanders at Coast Guard Sector Sault Ste. Marie, Michigan, received a call from two men aboard a 42-foot sailboat stating their vessel was taking on water approximately 18 nautical miles east of Alpena in Lake Huron.