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.
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?
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.
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.
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.
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.
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…
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.
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.
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.
Bal Seal Adds Low-friction Seals Test Service
Test service enhances Bal Seal offering for low-friction seals, verifies friction and leak rate for seals up to 22 in. A new test service introduced by Bal Seal Engineering, Inc. offers verified performance results for Bal Seal low-friction spring-energized seals used in rotary/face applications. According to the company, the service will help OEMs and tier suppliers eliminate unnecessary costs, delays and complications associated with in-house or outsourced seal testing.
Rolls-Royce Showcases MTU's Drive System
Winfried Hermann, Minister of Transport and Infrastructure of Germany’s federal state of Baden-Württemberg, paid a visit to Rolls-Royce Power Systems in Friedrichshafen, where he was keen to learn about eco-friendly drive concepts for rail transport. MTU's Hybrid Powerpack was one of the technologies shown to him by company CEO Ulrich Dohle. Hybrid Powerpacks consume up to 25 percent less fuel than conventional state-of-the-art diesel drive systems, and are also quieter to run and emit less CO2.
Clipper to Take Delivery of 2 Ultramax Newbuilds
Clipper Group announced it will take delivery of two SDARI64 newbuilding bulk carriers during the coming months from Sainty Shipbuilding in Yangzhou, China. The vessels…
Western Cape Ports Now 'smartPORTS'
The Ports of Cape Town and Saldanha became the latest to go live with Transnet National Ports Authority’s new R79 million web-based Integrated Port Management System (IPMS), first introduced at the pilot site, the Port of Durban in July. IPMS replaces manual processes and enables key port operations to managed online and in real time across TNPA’s eight commercial ports. All vessels arriving at the two Western Cape ports between August 26-31 will be allowed priority registration…
Singapore MPA Fines Bunker Firm
JL Petroleum Pte Ltd has been fined by Singapore after pleading guilty in court to supplying marine fuel in the world's top bunkering hub without a valid license…
France Negotiating With Egypt over Helo Carriers
Two Mistrals were originally destined for Russia. France is in talks to sell two Mistral helicopter carriers to Egypt after their sale to Russia was cancelled earlier this month…
HPA Clarifies Stand on Industrial Dispute, Communications to Staff
Hutchison Ports Australia (HPA) says it remains committed to negotiating a resolution to the current industrial dispute with workers in Brisbane and Sydney. HPA also wishes to clarify some of the reporting to date, including the financial challenges being faced by HPA and the process around the text message and emailing communications to staff on August 6. The company issued redundancies to 87 staff…
Mariners Dread Port Calls
Seafarer social media site Crewtoo, part of KVH Industries, Inc., has published the results of its second Crewtoo Seafarers Happiness Index report detailing job satisfaction at sea. Designed to monitor and benchmark seafarer satisfaction levels via 10 key questions, the report shows a seafarer satisfaction level of 6.44 on a scale of 1 to 10, up 0.02 from the inaugural survey published in May this year.
U.S. Asia-Pacific Drills to Increase
The United States plans to increase the number of military and humanitarian drills it conducts in the Asia-Pacific as part of a new strategy to counter China's rapid expansion in the South China Sea…
Japan Woos Australia in bid for Sub Deal
Japanese delegation tries to make case for submarine contract. Japan's effort to charm Australian politicians and the public over its bid for a A$50 billion ($35.60…