Alliance Merry-go-round Spins Again
Four carriers have announced a new OCEAN Alliance to start next year. Where does this leave those carriers left behind? To the surprise of many it was announced last Wednesday that four carriers – CMA CGM, COSCO Container Lines, Evergreen Line and OOCL – from three different alliances are planning to join forces to create the OCEAN Alliance, to become operational from April 2017 subject to regulatory approval.
GAC EnvironHull Unveils Fuel Savings Calculator
Ship owners and operators can now compare fuel cost savings reaped by hull cleaning with GAC EnvironHull’s online fuel savings calculator. A foul-free hull offers the benefits of significantly enhanced fuel efficiency and lower operating costs by reducing resistance in the water. A clean ship sails smoother through the water, gives a greener and more sustainable solution and offers energy savings of up to 10% of fuel.
Dassault Systèmes Congratulates Oz Naval Deal
France-based DCNS has been selected by the Commonwealth of Australia as its preferred partner for the design of the 12 future submarines. DCNS, whose naval systems are recognized worldwide for their operational, innovative multi-mission capabilities, has chosen Dassault Systèmes’ 3DEXPERIENCE platform to manage the entire lifecycle of its products, from concept through engineering, to build, maintain and operations services.
239 End-of-life Ships Sold for Breaking in 1Q
According to the NGO Shipbreaking Platform 239 end-of-life ships were sold for breaking in the first quarter of 2016. Seventy-nine per cent of end-of-life ships ended up on South Asian beaches, making this quarter one of the worst ones in the last years for non-beaching yards around the world. Out of 189 vessels that reached the shores of India, Pakistan and Bangladesh, 127 were bulk carriers. As opposed to 2015 trends, India has again become the favorite final destination.
DP World Volume Up 3.7%
DP World Limited today held its Annual General Meeting for the year ended 31 December 2015. DP World Chairman, Sultan Ahmed Bin Sulayem, made the following statement regarding operational performance in the first quarter of 2016. “DP World Limited handled 15.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first quarter of 2016, with gross container volumes growing by 3.7% on a reported basis, and up 2.4% on a like-for-like (1) basis.
Essar Ports Hazira Allows Third-party Cargo
Essar Bulk Terminal Limited, Hazira, a subsidiary of Essar Ports Limited, which is a part of Essar, has received an approval from Gujarat Maritime Board (GMB) to handle 15 million tonnes of merchant cargo over three years. Based on this approval, the Hazira Terminal, in keeping with its design and capabilities, will be able to handle a range of cargo for merchant customers, including dry bulk, liquid bulk, containers and so on.
Ferry Conference: Technology Drives Vessel Advancements
On June 2-3, 2016, the Ferry Safety and Technology Conference will be held in downtown Manhattan. Throughout the world, the quickening pace of technological advances is impacting all sectors of the maritime business; ferries are no exception. The conference, now in its second year, will feature practical and affordable technologies already deployed in passenger transportation, or soon to be. Topics to be discussed will include Vessel Design…
POSCO Production at Indiana Ports to start in 2017
Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville. POSCO is a multinational company headquartered in Pohang, South Korea, and the fifth-largest steel producer in the world. The new $19 million facility is expected to begin operations in 2017 and create up to 60 high-wage jobs by 2018.
ST Engineering Injects $66m into VT Systems
Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has injected US$66m (approximately S$89m) into the capital of its US Headquarters, Vision Technologies Systems, Inc. (VT Systems), for the repayment of bank loans. This brings ST Engineering’s total investment in VT Systems to US$343.96m (approximately S$464m). Following the capital injection above, VT Systems has capitalised…
AccessESP Installs First Access375 Systems
AccessESP, a leading provider of rigless electric submersible pump (ESP) conveyance solutions for the worldwide oil industry, has successfully installed two of its new Access375 systems on the North Slope of Alaska, the first commercial deployments of this system. Both the first and second installations of the Access375 annular flow permanent completion with 130-horsepower Access375 retrievable assemblies were completed flawlessly…
Ulstein Verft's First Wind Service Vessel Launched
Shipbuilder Ulstein Verft has launched its first vessel within the renewable energy segment, and also the first with the newly-developed X-STERN hull line design. The service operation vessel (SOV) for the offshore wind industry is one of two being constructed for Bernhard Schulte Offshore, and will be working for Siemens servicing the Gemini offshore wind park offshore the Netherlands. The Ulstein Group has previously delivered ship designs for the renewable energy segment…
Strong Surf Blocks Entry for Brazil's Largest Port
An agitated sea has blocked the entrance to Brazil's largest port of Santos, preventing ships from entering or leaving for more than 12 hours during peak soy export season.
Fitch: M&A, Not Alliances to Help Revive Container Shipping
Mergers and acquisitions, rather than the historically more popular alliances, are inevitable to address chronic overcapacity and drive further cost savings in container shipping, Fitch Ratings says. The merger talks between Hapag-Lloyd and United Arab Shipping Company (UASC) announced last week demonstrate that full-blown M&A deals are gaining momentum. Although capacity on the Far East to Europe…
Philippines: Coordinated Patrols Needed to Protect Shipping
The Philippines has been discussing coordinated naval patrols on its southern maritime borders with Indonesia and Malaysia to protect shipping after attacks and kidnappings by Islamist militants…
Norway: Oil Industry Safety Deteriorated in 2015
The risk of accidents in Norway's oil industry rose last year after reaching record lows in 2014, a survey by the Nordic country's safety watchdog showed on Thursday. "The results are a warning sign. They indicate that something could be about to happen with the safety level," Petroleum Safety Authority (PTIL) chief Anne Myhrvold said in a statement. The latest survey, which looks at risks of major accidents…
Langh Tech Scrubbers for Norwegian Cruise Line Newbuilds
Finnish manufacturer and supplier of scrubber solutions Langh Tech will deliver scrubber systems to two new cruise vessels on order at Meyer Werft in Papenburg for (NCL). The two newbuildings of NCL’s Breakaway Plus class will be equipped with Langh Tech’s hybrid type scrubbers, enabling unrestricted operation in closed loop mode. Delivery includes scrubber units for all five engines on each ship and treatment plants for the scrubber water.
USCG Uses Skiff Ice Boat to Rescue Injured Man
The U.S. Coast Guard medically evacuated a man off of a dredging barge in Lake Erie near Sandusky, Ohio, Wednesday evening. At approximately 5:45 p.m., a good Samaritan called Coast Guard Station Marblehead, Ohio, to report two men on a dredging barge who needed help due to injuries. The barge was 50 yards off shore in water too shallow for a Coast Guard response boat to get to come alongside, so a rescue team traveled to the location by truck.
Fincantieri Orders Heat Power Systems for Cruise Newbuilds
Italian shipbuilding group Fincantieri has selected Climeon’s heat power system Climeon Ocean for its energy efficient solutions, purchasing six Climeon Ocean 450M systems to be installed in its upcoming new cruise ship builds. Total capacity on all ships is up to 2.7 MW. With the latest order, Fincantieri has become the first shipyard contracted to install Climeon Ocean on new cruise ships. Deliveries of the Climeon Ocean systems will start in 2017.
Gulf of Guinea Piracy a ‘Deep Concern’ -UN Security Council
The United Nations Security Council on Monday expressed its deep concern over piracy and armed robbery at sea in the Gulf of Guinea, and stressed the importance…
Dangers Arising from Carriage of Indonesian Coal
The London P&I Club has issued a warning about continued problems associated with the carriage of Indonesian thermal or ‘steam’ coal, following a number of recent…