No Financial Aid for STX Shipbuilding, Say Creditors
Creditors of financially troubled STX Offshore & Shipbuilding are opposing financial aid for the shipyard citing the gloomy outlook of the shipbuilding industry, Korea’s Yonhap News has reported. Creditors of STX Offshore, led by the state-run Korea Development Bank (KDB), decided to provide 450bn won ($384m) in financial aid to the shipyard last week in return for a thorough restructuring. But Woori…
China to Start Its First Naval Base in Africa
China is going to build a base in Djibouti, so that will be their first military location in Africa. With the establishment of a base in Djibouti, China joins the global contest for maritime and commercial supremacy, reports Al Jazeera. China has long had an economic foothold in Africa, but the base would be an expansion of its military prowess beyond the Asia-Pacific region. The agreement opens the…
The Impact of Lower Oil Price on LNG Vessels
Opec study on the impact of lower oil price assumptions on the penetration of LNG vessels has released. In light of the regulations on sulphur emissions issued by the IMO the prospect of using LNG as an alternative bunker fuel was explored. It was concluded that LNG had the potential to become an important marine bunker fuel in the long-term. This year the subject is re-considered in light of recent market and price developments…
LNG-powered Cement Carrier Delivered
Dutch shipbuilder Ferus Smit announced it has delivered the world’s first LNG-powered cement tanker, MV Greenland. The delivery was preceded by an extensive program of trials and tests in which the proper working and safety of all systems was verified. Finally on Wednesday, December 23, MV Greenland left the harbor of Delfzijl on her first commercial voyage to Rostock where she will receive her first cement load. M.V.
Conflicting Objectives in Ship Design
“ABS is first and foremost a safety company,” says Richard Korpus, “but safety can arise on many different fronts. Dr. Korpus is Chief Scientist, Computational Fluid Dynamics (CFD) for the American Bureau of Shipping. In this role Korpus supports the Chief Technology Officer (CTO) and underlying organizations through a focus on developing and applying CFD technology. He believes CFD has the potential…
Moore Boat Debuts 25-foot Outboard
Moore Boat has introduced its all new aluminum 25-foot outboard, The Moore 25 OB. The Moore 25 OB was designed in house and with the assistance of CDI - Band Lavis Division. The new boat is the builder’s first application of its patented Moore Boat hull design propelled by an outboard. The Moore 25 OB has been designed with a parallelogram hydraulic engine lift that is capable of raising the single 300 horsepower outboard a full two feet.
KVH Expands mini-VSAT Broadband Network
KVH Industries, Inc. expanded the capacity of its mini-VSAT Broadband network with two upgrades recently, supporting growing customer demand for broadband at sea. One expansion added a new satellite beam that doubled the mini-VSAT Broadband network capacity in the North Atlantic Ocean region, including Canada’s Hudson Bay. The second expansion added a new beam across Europe, the Middle East, and Africa to add 30 percent more capacity across areas such as the North Sea and the Mediterranean Sea.
Bollinger Delivers USCG’s 16th FRC
Bollinger Shipyards has delivered the newly built Fast Response Cutter (FRC) Winslow Griesser for the U.S. Coast Guard (USCG) seventh district in Puerto Rico. The USCG took delivery on December 23, 2015 in Key West, Fla., and is scheduled to commission the vessel in Puerto Rico during March, 2016. The 154-foot patrol craft Winslow Griesser is the 16th vessel in the USCG’s Sentinel-class FRC program.
Gray Water & Bilge Water: Taking Steps to Clean Up the Ocean Environment
The fact that improperly-treated gray water pollution is still being dumped off ships in a so-called modern and highly-regulated shipping industry is hypocritical at best. Graywater – which comes from ship accommodation areas (shower/sink), laundry, galley and food pulper – can contain classical pollutants such as nonylphenols, metals, nutrients, surfactants, pathogens, oil, grease, detergent and soap residue. Graywater is sometimes mixed with sewage, depending on the ship design.
Tankers, Bulkers & the Increased Need for Software Solutions
IMO/adopted guidelines for the mandatory carriage of damage stability verification instruments (software, computers, etc.) onboard all (new and existing) tankers beginning in January 2016. IMO has adopted guidelines and applicable IMO Code amendments for the mandatory carriage of damage stability verification instruments onboard new and existing tankers. Amendments to MARPOL Annex I, BCH Code, IBC Code…
It’s Time to End the MARPOL Merry-go-round
Hardly a month goes by when another illegal maritime dumping violation is reported. Most violations, prosecuted in the United States, are based on false or fraudulent entries in the oil record book of a foreign-flag ship. Often, evidence of a “magic pipe” installation is found upon inspection in a United States port. While not all such reported cases are successfully prosecuted, most are, with the help of a whistleblower aboard the ship.
New Roles for Satcoms in Autonomous Shipping
Examining some questions regarding commercial autonomous and drone ships, as well as why VSAT currently presents the best solution for the communications and control of such vessels. The topic of autonomous shipping has been much in the news recently. We have seen, for example, the announcement in September 2015 that Inmarsat has begun participating in the Advanced Autonomous Waterborne Applications Initiative (AAWA) recently launched by Rolls Royce.
Second LNG-ready Tanker Delivered to Crowley
Crowley takes delivery of second of four new LNG-ready Jones Act product tankers from Philly Shipyard, Inc. Crowley Maritime Corp. has today taken delivery of Texas, the second of four new Jones Act product tankers from Philly Shipyard, Inc. (PSINC), the sole operating subsidiary of Philly Shipyard ASA. The 50,000 dead-weight-tons (dwt), 330,000-barrel-capacity Texas joins sister ship Ohio, which was received by Crowley in October…
Heavy Weather Expected on Lake Michigan
The U.S. Coast Guard Sector Lake Michigan is urging mariners and anyone going on or near the water Wednesday to use extreme caution and be aware of extreme weather…
Arctic Coast Guard Forum: Eyes and Ears Up North
On October 30, 2015, at the U.S. Coast Guard Academy in New London, Connecticut, the heads of eight agencies fulfilling the functions of Coast Guard of Canada, Denmark, Finland, Iceland, Norway, the Russian Federation, Sweden, and the United States signed a Joint Statement formally establishing the Arctic Coast Guard Forum (ACGF). The ACGF is an independent, informal, operationally-driven organization.
Oil Firms Rush to Exploit End of US Crude Export Ban
U.S. energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on most U.S. crude exports, the first of many firms eager to "stress test" last week's historic opening.
Norwegian Research Ship Launched at Gondan
Gondan Shipyard in Figueras today launched a new fishery and oceanographic research vessel to be operated by the Norwegian Institute of Marine Research of Bergen under a program led by NORAD, FAO and the Norwegian Ministry of Foreign Affairs. The contract for the construction of this oceanographic vessel was signed in March last year and was awarded to Gondan Shipyard through an international tender, in which it competed with eight shipyards in Norway and one in Spain.
Upgraded Al Mirfa Port Opened
Under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, the Ruler's Representative in the Western Region, H.E. Dr Sultan Ahmed Al Jaber, Minister of State and Chairman of Abu Dhabi Ports, officially inaugurated Al Mirfa Port in the Western Region of Abu Dhabi. Abu Dhabi Ports – the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, recently completed redevelopment work at Al Mirfa Port, upgrading its infrastructure and facilities.
SNAME Updates Report on HVAC Design
The Society of Naval Architects and Marine Engineers (SNAME) has published a new technical report to assist in the design of heating, ventilation and air conditioning…
Brazil's Log-In Seeks to Refinance $475 mln in Bank Loans
Log-In Logística Intermodal SA , one of Brazil's largest operators of cargo ships and port terminals, hired Moelis & Co. to advise on the refinancing of 1.9 billion…