Tankers to Require Stability Instruments Starting 2016
Lloyd's Register informs that new stability instrument requirements will apply to all tankers constructed (keel laid) on or after January 1, 2016. These ships will be required to fit an approved stability instrument, capable of verifying compliance with intact and damage stability requirements. Oil tankers, chemical tankers and gas carriers constructed before January 1, 2016 must also comply with the requirements (by confirming or upgrading existing equipment…
ZIM Transitions Fleet to StowMan(s) Software
ZIM Integrated Shipping Services Ltd, Israel has decided to enhance its stowage planning for its containership fleet (currently 93 ships) in the future by using the software StowMan[S] from INTERSCHALT maritime systems AG, the software and services provider for maritime navigation and communications systems for ships. In addition to the stowage planning software, the contract includes equipping the ZIM fleet on-board with the Seacos MACS3 loading computer from INTERSCHALT.
MarineCFO Unveils Endurance Software
Capitalizing on its 2013 acquisition by software firm VerticaLive, MarineCFO has announced a Fall 2015 introduction of Endurance, a cloud version of the MarineCFO Enterprise Solution.
Fleet Growth Weighs on Product Tanker Earnings
Healthy returns enjoyed by the product tanker market in recent years are under threat as impending fleet growth is expected to reduce the sector’s earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry. The widespread switching of trade by product/chemical tankers (also called “swing” tankers) from chemicals to refined products has resulted in rapid growth in the product tanker fleet…
Japanese Sub Pitch puts off Australian Firms
Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan. A Japanese consortium eyeing a A$50…
Obama Pushes for US Icebreakers
President Barack Obama on Tuesday proposed a faster timetable for buying a new heavy icebreaker for the U.S. Arctic, where quickly melting sea ice has spurred more maritime traffic and the United States has fallen far behind Russian resources. The move, part of a push to convince Americans to support Obama's plans to curb climate change, has long been urged by Arctic advocates as climate change opens up the region to more shipping, mining and oil drilling.
Traders Scramble for Caribbean Crude Storage
Demand for crude storage in the Caribbean, one of the world's most important oil hubs, is rising as producers and traders try to ride out the worst price crash in…
Liam Means Business for Shipping Cluster
Enterprising student Liam Finch has been putting his summer days to good use by working on an important survey for the Isle of Man Shipping Association (IOMSA). Liam, 20, is involved in a project aiming to shed light on the value of the marine industry to the island. He has based himself at the premises of Bibby Ship Management Group Ltd on the Isle of Man Business Park. Bibby commercial director Mark Robertshaw is also vice chairman of the IOMSA and welcomed Liam onboard to undertake the work.
G E Shipping Takes Delivery of Bulker
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a new building Kamsarmax Dry Bulk Carrier “Jag Aakash” (81,600 dwt). The vessel was ordered by GE Shipping in July 2013 and has been built at Tsuneishi Heavy Industries (Cebu) Inc., Philippines. The said vessel was contracted for sale in August 2015 and will be delivered to the new buyers this month. The Company’s current fleet (excluding “Jag Aakash”) stands at 30 vessels…
3 Resuced from Sunken Fishing Vessel
The Coast Guard rescued three individuals from a 75-foot fishing vessel that sank approximately 12 miles southwest of Point Au Fer in the Gulf of Mexico, Monday. Coast Guard Sector New Orleans watchstanders were notified by a passing helicopter of a fishing vessel sinking with two life-rafts in the water. Watchstanders launched a Coast Guard Marine Safety Unit Morgan City 29-foot response boat crew and an MH-65 Dolphin helicopter crew from Coast Guard Air Station New Orleans.
APM Terminals Pipavav Starts New Ro/Ro Service
With 1,300 new Indian-built Ford automobiles loaded onto the Grand Dahlia on August 27th for delivery to Mexico, a new era for the Indian auto industry and Gujarat Port Pipavav commenced. The 59,217 gross ton roll on/roll off (Ro/Ro) vessel was the first to call Western India’s fastest-growing port, operated as part of the APM Terminals Global Terminal Network. APM Terminals Pipavav announced the inauguration…
Nominations Invited for BIMCO Awards
BIMCO, the world’s largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015. Angus Frew, Secretary General at BIMCO, said, “We are looking forward to receiving nominations from across the industry for the BIMCO Awards this year. The first BIMCO Awards were launched last year at the association’s annual conference in Dubai.
AFBO to Provide Security in Arctic Waters
State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the need to provide security in the Arctic waters. The eight countries of the Arctic Council (AC), form the Arctic Coast Guard Forum (AFBO), the chief of the press service of the US Coast Guard Lieutenant Commander (captain of the third rank), Dave French. It is a joint initiative of the countries have common interests in the Arctic.
First Damen Twin Axe Workboat for Middle East
Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is the first Damen Twin Axe vessel to be used in the Middle East for safe passenger and crew transfer as well as for the transport of industrial persons, materials and equipment to unmanned offshore platforms in the Strait of Hormuz. Within less than 3 months…
Shipboard Waste Heat Recovery Technology
Calnetix Technologies, LLC has published a White Paper describing new processes for producing supplemental power for a ship’s electrical load. The White Paper, entitled New-Technology Shipboard System Converts Heat from Engine Jacket Water into Electrical Power, is available for free download. Calnetix, working in close cooperation with Mitsubishi Heavy Industries Marine Machinery and Engine Company (MHI-MME)…
China Merchants Profit up 29pct
While China’s ports continue to face growth pressure, the country’s largest port operator is reaping the rewards of years of investments in overseas projects. China Merchants Holdings (International) reported first-half net profit rose 29 per cent to HK$2.78 billion ($US 361 million) from a year ago, after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
Maersk's Blend-on-Board Project to Market Soon
The Danish shipping giant Maersk has decided to commercialise its new tech invention - SEA-Mate Blend-on-Board - developed by the subsidiary Maersk Fluid Technologies (MFT), says Denmark's post. The new technology recycles motor oil and has saved Maersk 110 million kroner every year in operating costs since its inception. "By recycling the lubricating oil and blending cylinder oil on-board the vessels, we secure large savings for 2-stroke engines in the container, tanker and bulk market.
China’s Shipyards Face Tough Times
As the shipping market continues its prolonged downturn five shipyards have filed for bankruptcy this year, reports SCMP. China's leading private shipyards are gasping while watching their smaller rivals collapse one after another in an industry where state firms are increasingly raising the stakes. Simon Liang, the chairman of Jiangsu-based Sinopacific Shipbuilding Group said that the environment for private companies has never been supportive, but it has taken a turn for the worse recently.
Rotterdam to Build New Indonesian Port
The Port of Rotterdam Authority has signed a partnership agreement with the Indonesian Port Corporation Pelindo I for the development of a new deep sea port at Kuala Tanjung near to Medan in Sumatra, Indonesia. Under the agreement the Port of Rotterdam will undertake a feasibility study for the new port. Depending on the outcome of the feasibility study the Port of Rotterdam decide whether to enter into a joint venture with Pelindo I to construct and develop the port at Kuala Tanjung.
Swire Upgrades Asia-Pac Coverage
Singapore-based liner trade division of The China Navigation Company (CNC) Swire Shipping has upgraded its multipurpose liner service coverage in the Asia Pacific region. The company’s dedicated Trans-Tasman service operating between New Zealand and Australia will be enhanced to provide a 15-day frequency. Swire will also start providing 12 additional Brisbane calls by a direct service from New Zealand.