BOEM Proposes New Regulation for OCS
The Bureau of Ocean Energy Management (BOEM) today released proposed regulations that would provide additional clarity and certainty for its Marine Minerals Program regarding negotiated, non-competitive leases for Outer Continental Shelf (OCS) resources such as sand, gravel and shell. The proposed rule describes the negotiated, non-competitive agreement process for qualifying projects, and codifies new and existing procedures for using OCS sand…
ISS Expands in Mexico
Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, has expanded its operations in Mexico with the opening of a new office in Veracruz. The Veracruz office, ISS’ fourth in the country, will enable it to cover 80 per cent of ports with the greatest commercial activity across the Gulf of Mexico. One of the oldest and largest ports in Mexico, a new development…
Kalmar Largest Delivery in South Africa
Kalmar, part of Cargotec, has completed the delivery of the largest supply of mobile equipment in Africa and one of the biggest reachstackers order globally for Shumani Industrial Equipment, official dealer of the Goscor Group of Companies in South Africa. The order was signed into Cargotec's 2015 second quarter order intake, with all machines delivered by the end of January 2016. A total of 45 units have been distributed across South Africa…
Pentair to Help Reduce, Reuse, Recover Water
Pentair, a global leader in creating sustainable water solutions, announced today its commitment to open two Application Centers dedicated to helping municipal, industrial and commercial companies better manage water use. The commitment is being announced in conjunction with Pentair's participation at the White House Water Summit, taking place today in honor of the United Nations' World Water Day.
Qatargas Looks to Expand LNG Supply to UK, Netherlands
Qatargas is looking to Britain and the Netherlands in an effort to weather a looming global glut of gas supplies by expanding import deals into Europe's most liquid markets, industry sources said.
Ship Insurers Plug Hole in Iran Oil Cover Left by US Sanctions
Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to officials involved in the initiative. International oil and shipping companies have been eager to boost business with Iran since international sanctions related to its nuclear programme were lifted in January, but securing proper insurance cover has been among the stumbling blocks in recent weeks.
Philippine Fishermen Used Fire Bombs in South China Sea, China Says
Philippine fishermen threw fire bombs at Chinese law enforcement vessels in the South China Sea, China's Foreign Ministry on Tuesday, after Philippine media said…
Vitol's 2015 Revenue Sinks 38% to $168 Bln
Vitol's 2015 revenue fell 38 percent to $168 billion in "challenging" market conditions, the commodity trader said on Tuesday. The world's largest independent energy trader's sharp fall in revenue came despite traded volumes of crude oil and products rising 13 percent to 303 million tonnes. "Whilst the market structure favours a physical trader, the absolute price levels and market volatility are causes for caution," Ian Taylor, president and CEO of Vitol said.
Panama Canal Sets Depth Limit on Ships Due to Drought
The Panama Canal will next month impose new draft restrictions on ships due to falling water levels at nearby lakes that form part of the waterway, the authority that administers the canal said in a statement on Monday. Ships seeking to cross the waterway must comply with a maximum depth limit of 39 feet (11.89 meters) beginning on April 18, but the Panama Canal Authority (APC) said the impact on operations would be minimal.
Baltic Index Flat, Rates for Bigger Vessels Fall
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, remained flat on Tuesday despite a fall in rates for the larger vessel segments.
BAE Systems Gets $671 Mln Contract for UK Warship Project
British defence company BAE Systems has won a 472 million pound ($671 million) contract from the UK government to continue with work to prepare for the building of eight anti-submarine warships. Britain confirmed in its defence spending plan last November that it would buy eight of the Type 26 Global Combat Ships, down from the 13 ships that BAE had originally been expecting. BAE said on Tuesday the…
Novatek CEO: Sanctions Hurt Yamal LNG, Upbeat on Plans
International sanctions have undermined the ability of Russia's Yamal LNG project to raise necessary funds but it will be launched as scheduled, Leonid Mikhelson…
USS America Returns after Maintenance
Amphibious assault ship USS America (LHA 6) has returned to sea March 21 following a 10-month post-shakedown availability maintenance period during which the crew and contractors made improvements to the ship's design. USS America is now conducting sea trials off the coast of Southern California to test the ship's systems and sea-worthiness. The Navy said crews faced several potential challenges when…
Shoaling Safety Zone Set in Santa Cruz Harbor
The U.S. Coast Guard informs it has established a safety zone for the entrance of the Santa Cruz small craft harbor effective Friday, March 18, until Sunday, May 1, or upon the completion of emergency dredging as announced via broadcast notice to mariners. The zone includes the navigable waters as defined by the area contained with two borders: a northern border defined by the line created by extending…
LNG Trade Routes in Flux as New Supply Brings Price Convergence
Australia's ascent to liquefied natural gas (LNG) producing giant is choking off trade routes from Atlantic to Pacific markets established after Japan's Fukushima nuclear disaster…
UK's New Polar Research Ship: Boaty McBoatface?
RRS Shackleton, RRS Endeavour, RRS Falcon, RRS Fish ‘N’ Chips and RRS Kanye are just a few of the suggestions submitted in an open campaign to name the U.K.’s next state-of-the-art polar research vessel. But leading the vote is a name that’s even more out of the ordinary: RRS Boaty McBoatface. The U.K.’s Natural Environment Research Council (NERC) last week issued a call for the public to recommend names for the country’s new £200 million polar research ship.
Rolls-Royce Reveals Future Shore Control Center
Rolls-Royce unveiled its vision of the land-based control centers that we believe will remotely monitor and control the unmanned ships of the future. In a six minute film, Rolls-Royce presents a vision of the future in which a small crew of 7 to 14 people monitor and control the operation of a fleet of vessels across the world. The crew uses interactive smart screens, voice recognition systems, holograms and surveillance drones to monitor what is happening both on board and around the ship.
Pelindo III to Receive 15 Tugs in Indonesia
In early 2015, Robert Allan Ltd., Naval Architects of Vancouver, Canada was awarded a contract to provide four customized versions of its distinctive RAzer series designs of ASD tugboats to the Indonesia Port Corporation, “PT Pelabuhan Indonesia III (PERSERO)”, commonly known as Pelindo III. While Robert Allan Ltd. had long been very active in the Asian market, these designs were its first directly for a company from Indonesia, a country estimated to employ more than 2,000 tug boats.
Fuel Management Tech Helps CalMac Reduce Emissions
Fuel management technology is helping Scottish ferry operator Caledonian MacBrayne (CalMac) to meet its targets for the reduction of greenhouse gas emissions. Last year the company installed advanced Royston enginei fuel management systems across its entire large vessel fleet – the first UK ferry company to do so – as part of its Project Ecoship program to improve fuel consumption and reduce greenhouse gas emissions.
This Day In Naval History: March 22
1820 - Commodore Stephen Decatur was mortally wounded in a duel with Capt. James Barron at Bladensburg, Md., over criticism Decatur had when Barron lost his ship…