Newport Shipyard Buys Custom Marine Travelift
Marine Travelift Inc. announced that Newport Shipyard has purchased a customized 200CII mobile boat hoist for its Newport, R.I. facility. When it’s delivered this fall…
Maritime Security Experts Weigh in on West Africa
Maritime operations in West Africa are affected by threats from piracy and other maritime crime. It is very complex to get an overview of the different types of…
Orca ESS Retrofit for Norwegian Research Vessel
Corvus Energy’s next generation Orca ESS has been selected by Halvorsen for the retrofit of the fisheries and environmental research vessel MS Johan Hjort. Halvorsen Power System AS has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a retrofit of marine research vessel, MS Johan Hjort. Corvus will supply its recently released, next generation Orca Energy solution to provide power to the vessel for peak shaving…
Deegan Named President of Gibbs & Cox
Gibbs & Cox, Inc. (G&C) Chairman Ned Daffan announced today the appointment of Chris Deegan as President and Chief Executive, effective immediately. Deegan, previously Vice President of G&C's Engineering Group, will replace Rick Biben, who is retiring but will remain on the G&C Board of Directors. Deegan spent nearly 28 years in the Navy's acquisition and cost engineering communities, leading nuclear submarine, ship and combat systems programs prior to joining Gibbs & Cox in 2013.
FPSOs Sit Unprecedentedly Idle
The 20 year four-fold growth pattern in the world’s FPSO fleet stalls out in 2016 with a record number of FPSOs idle and available for redeployment – or perhaps to be forced into other uses, lay up or scrap. FPSO redeployments typically are far more complex, costly and risky than for (say) drillships and yet the need for redeploying idle FPSOs is now in the forefront of the industry like never before as FPSO owners also have to face the worst ever down market for their equipment and services.
Scrubbers Installed on Another Great Lakes Bulker
The Interlake Steamship Company’s M/V Lee A. Tregurtha sailed today from Fincantieri Bay Shipbuilding Company in Sturgeon Bay, Wisc., becoming the shipper’s third self-unloading bulk carrier to be outfitted with exhaust gas scrubbers. Interlake became the first U.S.-flag fleet to test scrubbers on the Great Lakes in April 2015 after pioneering the emission-reduction technology on its M/V Hon. James L. Oberstar. Earlier this month, the M/V James R.
MTG Presents Latest Dredging Solutions in Miami
MTG attended the Wodcon XXI World Dredging Congress and Exhibition from June 13-17, 2016, introducing its latest solutions for the dredging market. The new MTG Systems…
OOCEP Ships First Crude Oil from MGP Terminal
Oman Oil Company Exploration & Production LLC (OOCEP) shipped its first crude oil cargo from the Musandam gas plant (MGP) with the support of UAE-based Marsol International. OOCEP, a subsidiary of Oman Oil Company S.A.O.C exported 300,000 barrels of crude oil as part of the operation, which were fully processed at the MGP on May 4 in Oman. Marsol, a global marine solutions provider focused on the offshore oil terminal market and related infrastructure…
Yanmar Names US/Canada West Coast Distributor
Valley Power Systems has entered into a distributor agreement with Yanmar America Corporation for the sale and service of Yanmar’s commercial marine diesel engine line throughout the states of California, Oregon, Washington and Alaska, as well as the Canadian province of British Columbia. In business for over 65 years, Valley Power Systems provides power and propulsion products for the commercial and pleasure craft marine industries from manufacturers such as MTU…
ABB Opens Integrated Operations Center in Singapore
ABB is opening a new integrated Operations Center in Singapore, the third facility of its type and first in Asia, which will allow the company’s engineers to follow the sun across the globe. Typically, at the end of the working day, the Singapore Center will handover to colleagues in Norway and Finland and this process will continue across the globe when a new Integrated Operations Center is opened in the U.S. later this year.
RBS Taking Bids for Greek Shipping Business
The Royal Bank of Scotland has received bids for its Greek shipping finance business which is worth about $3 billion as it looks to scale down on non-core activities…
This Day In Naval History: June 22
1807 - Frigate USS Chesapeake, commanded by James Barron, is stopped by British frigate HMS Leopard after killing several of her crew and take Royal Navy deserters. Barron is court-martialed for not having his ship prepared to fight. 1884 - USS Thetis, USS Alert, and USS Bear, under Cmdr. Winfield S. Schley, rescue Lt. Adolphus W. Greely and six of his exploring party from Cape Sabine, where they are marooned for three years.
EU Calls for Free Passage in South China Sea
Countries must be free to pass through the South China Sea, the European Commission said on Wednesday, in its first diplomatic admonishment of Beijing after Chinese jets intercepted a U.S.
Indonesian President to Assert Sovereignty in Islands Visit
The Indonesian president will travel to the Natuna Islands for the first time on Thursday to assert Indonesia's sovereignty, a senior official said, after China…
Bollinger Delivers FRC Joseph Tezanos the US Coast Guard
Bollinger Shipyards has delivered the 18th Fast Response Cutter (FRC), USCGC Joseph Tezanos, to the United States Coast Guard on June 22, 2016 in Key West, Fla. The vessel is scheduled to be commissioned in Puerto Rico during August 2016. “We are pleased to announce the delivery of the latest FRC built by Bollinger Shipyards, the USCGC Joseph Tezanos, to the U.S. Coast Guard,” said Bollinger president and CEO, Ben Bordelon, announcing the ship’s delivery.
Recovering Freight Rates Pose Risks for Shippers
According to Xeneta’s global database of over 12 million contracted ocean freight rates, the containership market is staging a small recovery, with short-term rates rising, suggesting long-term costs could soon follow suit. This may be positive news for carriers, but it does pose risks for shippers, noted Xeneta CEO, Patrik Berglund. Oslo-based Xeneta, a benchmarking and market intelligence platform for containerized ocean freight…
Transas CEO Coles Salutes the World's Seafarers
As an ex-seafarer, I know of the often challenging circumstances that the seafarer faces in their daily working life. Conversely, I also know how rewarding a career at sea is and therefore, during Seafarer Awareness Week, I implore the younger generation to consider a career at sea when examining their future options. Imagine that video game you are playing across the internet, challenging someone to a strategy game, communicating with several others in a world domination game...
Hapag-Lloyd Selects INTTRA eVGM Service
Shipping company Hapag-Lloyd and ocean shipping electronic marketplace INTTRA announced an agreement under which Hapag-Lloyd will connect with the INTTRA eVGM Service for facilitating compliance with new International Maritime Organization container weight requirements. Under the IMO's Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment going into effect on July 1, every shipping container must have a VGM, or certified weight, in order to be loaded onto a ship.
Rotterdam Implements Paperless Container Transfers
In the near future, a physical Customs document will no longer be required to transfer containers from one Maasvlakte terminal to the other within the Port of Rotterdam. Participating terminals APMT, ECT and RWG have made agreements with the Dutch Tax and Customs Administration for a so-called ‘paperless transfer’ system, which, beginning July 1, 2016, will considerably reduce the administrative workload…
Vittoria Shipyard Partners with Peru
Vittoria Shipyard has extended its horizons to the South American market; the Adria-based firm – an Italian builder of military, paramilitary, commercial, transport and working ships – has signed an agreement to work with SIMA Perú, a publicly-owned company that plans, builds and maintains ships, including the naval vessels belonging to the Marina de Guerra (Peruvian Navy), in close agreement with the Peruvian Ministry of Defense.