Rosneft Starts Drilling First International Offshore Well
Russian oil producer Rosneft's Vietnamese subsidiary has started drilling an exploration well off the south coast of Vietnam, it said on Wednesday. It is Rosneft's…
Custom Engine Room Simulator for RAN
The Commonwealth of Australia (CoA), Department of Defence has contracted Kongsberg Maritime to develop and deliver a new K-Sim Engine simulator model to the Royal Australian Navy’s HMAS Cerberus training facility located south of Melbourne, Australia. The new model will run on the existing KONGSBERG K-Sim Engine desktop simulator delivered to HMAS Cerberus in 2013, which is maintained under a Long Term System Support Program (LTSSP) agreement signed in 2015.
Lindsay Blee Expands into the Americas
Lindsay Blee’s new U.S. Independent international bunker broker Lindsay Blee announced that it is expanding its brokering operations into the Americas with a new…
Low Commodity Prices Drive 2016 Defaults, Oilfields to Shut
Commodity prices at multi-year lows drove a rise in defaults early this year, and the oil sector could see still more unprofitable fields shut, industry analysts said on Wednesday.
Pemex Sets up Credit Lines to Pay Suppliers
State-run oil company Pemex said on Tuesday it had set up lines of credit with Mexico's development banks to improve liquidity and start paying back billions of dollars in debt to suppliers, as the firm seeks to repair finances hit by a rout in crude prices. Pemex has deferred payments to dozens of suppliers and contractors since last year, racking up some 147 billion Mexican pesos ($8.2 billion) in debt by the end of 2015. So far, it has paid back 20 billion pesos.
Palfinger Dreggen to Rebuild BOP Cranes for Statoil
Statoil has awarded Palfinger Dreggen a contract for the complete rebuild and upgrade of six blowout preventer (BOP) cranes for the Gullfaks field in the northern part of the Norwegian North Sea. Each of the BOP cranes to be delivered from Palfinger Dreggen will have the capacity to lift 2 x 20 tons. In addition, the cranes are equipped with an auxiliary hoist with SWL 5 tons for smaller lifts. The delivery includes complete new trolleys with hoisting machineries…
Baltic Index Up on Firmer Panamax Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, helped by stronger demand for panamaxes and smaller vessels.
Sherwin-Williams Bags Steel Tank Institute Award
Sherwin-Williams Protective & Marine Coatings was awarded the Steel Tank Institute (STI) 2015 Affiliate New Product of the Year for its EnviroLastic Polyaspartic coatings at STI’s annual meeting in partnership with the Steel Plate Fabricators Association. The foundation of the EnviroLastic Polyaspartic product line is high-throughput applications for shops. These products were also designed to provide performance, durability, and ease of workability for applicators.
Port of Rotterdam Reconfigures Cargo Traffic Scheme
The Port of Rotterdam Authority is going to redirect approximately 4km of the port (or first) section of the Betuwe Route. As a result, the railway line will no longer run over the Caland Bridge, so that shipping and rail traffic will cease to get in each other’s way from 2020 onwards. It will also bring an end to the noise nuisance caused by the rail track near the village of Rozenburg. Construction of the new route will cost around €275 million.
US Navy Enhances Ship Testing Capability
A new 1,000-pound inertial actuator, the AMA1000, is giving engineers at Naval Surface Warfare Center, Carderock Division (NSWCCD) unprecedented capability in full-scale testing. John Miesner, an engineer assigned to Carderock Division's Acoustic Signatures Technology Division, said the Navy has used actuators like the AMA1000 in a wet environment for many years, but the shakers, as they are called, were not capable of producing high forces at a broad range of frequencies until 2014.
Rederi AB Gotland Looks to the Future
Nutrient removal in membrane bioreactor wastewater treatment systems is the future. Rederi AB Gotland acts now for both savings and the sake of our seas. Rederi AB Gotland, Sweden’s oldest passenger shipping company, has chosen Evac products to equip its new LNG-fueled passenger and cargo vessels which will ply Baltic Sea routes. Each vessel will carry approximately 1,700 passengers and crew. And since the Baltic Sea is classified as a Special Area (SA)…
Nemko and Retlif Testing Laboratories in New Agreement
In a collaborative move that provides collective services as a complete, globally accepted testing solution, Nemko and Retlif Testing Laboratories, have partnered.
This Day In Naval History - March 9
1847 - An Army-Navy force begins the siege of Veracruz, Mexico. Approximately 12,000 U.S. troops land on the beaches, along with their horses, mules, artillery, and supplies. Veracruz surrenders March 29, and the forces make their way to Mexico City. 1862 - In the first battle between ironclads, USS Monitor and CSS Virginia engage in close combat in Hampton Roads, Va. Neither side could claim victory, but it eventually ends the era of wooden ships.
Sixteen Tons of Beer for Brooklyn
In 1966 North German Lloyd (NDL) carried out Germany’s first multimodal door-to-door shipment. The customer was delighted as cargo could no longer ‘get lost’ on the way. An interesting, almost forgotten story from the beginning of the container era. The announcement by the American shipping company Sealand at the beginning of 1966 that they would establish a container service between the East Coast of the U.S.A. and Europe caused action at Hapag and NDL.
Trelleborg Acquires Antivibration Engineering Firm
Trelleborg has, through its business area Trelleborg Industrial Solutions, signed an agreement and finalized the acquisition of Loggers Rubbertechniek B.V., a Netherlands…
Eidesvik Awarded Contract Extensions
Norwegian based offshore shipping company Eidesvik Offshore announced it has been awarded contract extensions for the supply vessels Viking Lady and Viking Athene from Total E&P on the Solaris well. The contract is in direct continuation with the current contract. Estimated duration is 45 days for the 2006-built Viking Athene and 150 days for the 2009-built LNG-powered Viking Lady, Eidesvik said.
Oil Majors Pay Mexico Regulator $80 Mln for Deepwater Data
Oil companies have paid Mexico's oil regulator nearly $80 million for seismic data ahead of an auction for deep water fields, suggesting robust interest in the tender…
Intracoastal Waterway Reopened after Tug Crash
The U.S. Coast Guard has removed restrictions for Intracoastal Waterway traffic near the Black Bayou Bridge in Lake Charles, La. The waterway was restricted when a part of the bridge's fendering system was struck by a tug that lost steering with three barges Monday night. The bridge and waterway opened to all highway and vessel traffic at 12:26 p.m. Wednesday. At 10:27 p.m. Monday night, the bridge…
Megaships: Diminishing Economy of Scale?
The newbuild “arms race” for mega containerships may not deliver the hoped-for cost benefits, according to shipping consultancy Drewry, whose study on these increasingly massive vessels found new operational and financial impacts on lines, terminal operators, ports and other supply chain stakeholders. The results of Drewry’s simulation study show that the economies of scale – a key feature of the liner industry – may be running out as vessel size increases up to and beyond 18,000 teu.
Maersk Delivers Cookies to a Tanker...by Drone
Drones could cut time and costs for deliveries and inspections across the Maersk Group – but they must be reliable and absolutely safe. Maersk Tankers is testing delivery to vessels on drones that have been certified for explosive environments. Markus Kuhn peers out through the fog and spots the Maersk Edgar waiting across the chilly Danish waters. Drone operator Thierry Bauer, dressed against the winter cold after a long journey from his centre of operations in Southern France…