Townsville Port, IPC Sign MoU
Northern Australia’s largest general cargo port, the Port of Townsville, will today sign a historic Memorandum of Understanding (MOU) with PT Pelabuhan Indonesia II (Persero) or the Indonesia Port Corporation (IPC). The agreement will be signed at the Indonesian-Australian Business Forum in Canberra, witnessed by the Australian Government’s Hon Andrew Robb AO MP, Minister for Trade and Investment, H.E.
DNV GL'S Synergi Water Models Open Channel Flow
With the new release of Synergi Water software, water network engineers can model open channel flow, providing a more efficient and time saving design process with more accurate results. Many water systems include a network of open channels to transport water, particularly from collection systems to treatment plants. Planners and engineers need to model these systems along with their closed pipe networks in order to optimize the design and operations.
U.S., Korea Conclude Exercise Clear Horizon
Helicopter Mine Countermeasures Squadron (HM) 14, Detachment 1, and Mine Countermeasure Squadron (MCMRON) 7, completed the bilateral mine countermeasures exercise Clear Horizon with the Republic of Korea (ROK) Navy, Nov. 13. Exercise Clear Horizon is an annual bilateral exercise between the U.S. and ROK navies that focus on increasing capabilities and coordination between ships, and aircraft in mine countermeasures in international waters surrounding the Korean peninsula.
Nordic American Tankers Ups Nordic American Offshore Stake
Nordic American Tankers (NAT) has increased its shareholding in Nordic American Offshore (NAO) in an effort to shore up investor confidence in the latter. NAT bought 1,521,300 shares increasing its stake to 6,018,280 shares — 26.5% of NAO’s total shares for $9.5m, or $6.25 per share. NAO has 22,729,797 shares outstanding. NAO was listed on the New York Stock Exchange June 12, 2014 and owns now 10 platform supply vessels of which two are newbuildings to be delivered in 2016.
Singapore Recognises 53 Ships Under Green Ship Programme
The Maritime and Port Authority of Singapore (MPA) today recognised another 53 Green Ships from 41 companies that have qualified for the Green Ship Programme (GSP) at the Third Singapore Registry of Ships Forum (SRS Forum). The GSP encourages Singapore-flagged ships to reduce carbon dioxide and sulphur oxides emissions. Qualifying Singapore-flagged ships can enjoy a reduction of Initial Registration Fees and a rebate on Annual Tonnage Tax.
J. Lauritzen: No Dry Cargo Recovery
“The dry cargo markets have shown no signs of recovery during Q3. A lack of demand growth in combination with deliveries of new tonnage will make this the reality of the market for an extended period. Our Q3 result in dry cargo is as expected and a reflection of these market conditions. Our gas carriers continued to perform as forecasted," says Jan Kastrup-Nielsen, President and CEO of J. Lauritzen.
Ingalls Christens National Security Cutter Munro
Huntington Ingalls Industries' Shipbuilding division christened the U.S. Coast Guard Nationacompany’s sixth l Security Cutter (NSC), Munro (WMSL 755), in front of nearly 600 guests. Julie Sheehan, the great niece of the ship’s namesake, Signalman First Class Douglas Munro, is the ship’s sponsor. Adm. Paul Zukunft, commandant of the U.S. Coast Guard, was the ceremony’s principal speaker. “I couldn't help but notice when I drove into the shipyard today the banner that read…
India, Bangladesh Pact for Coastal Shipping
India and Bangladesh have signed the standard operating procedure (SOP) to launch the ‘Agreement on Coastal Shipping’, which is expected bring down the logistic costs of export-import cargo between the two countries. The two sides have also agreed upon the use of vessels of River Sea Vessel category for Indo-Bangladesh coastal shipping. "Once it is operational, the coastal shipping agreement will enable a huge saving in logistic costs of EXIM transport between the two countries…
Two Product Tankers Collide in the Arctic
Two Product tankers, Svyatoy Petr and Svyatoy Pavel collided during a passage of Northern Sea Route in convoy with nuclear icebreaker Vaygach. The collision happened on 70 nautical miles SouthWest off New Siberian islands in Laptev sea. The both small clean product tankers (both 11,000, built 1992) are operated by Russia’s Morskoy Standart, according to reports. The both ships were proceeding in convoy one after another…
Car Carrier Runs Aground off Washington
The car carrier Viking Emerald got steering gear failure and ran aground off Woodland, Washington. The vessel, owned by Norway’s Gram Car Carriers and managed by OSM Ship Management in Singapore, was refloated several hours later with the help of tugs, and resumed voyage. No visible damages reported. The vessel was en route from Tacoma to Portland loaded with 4,000 vehicles on board. The hardly stuck vessel was refloated by three tugs and towed to safe depth, where will be inspected.