Next Generation Workshops Set for Southampton
A unique program of three specialist events for the sub IMO / sub 24 meter professional sector is being held ‘back to back’ at the Grand Harbour in Southampton, U.K. this October. The fast moving workshop style program brings together an international group of experts armed with the latest knowledge to identify problems that affect the maritime sector worldwide – and highlight potential solutions.
Weak Oil Pushes SBM Offshore to Axe More Jobs
SBM Offshore's first-half results lagged analysts' expectations on Wednesday as challenging conditions persisted in the oil industry and the Dutch oil services company announced an additional 250 job cuts. It said it did not expect a full recovery in its business until 2018, after its revenues slid 40 percent in January-June. Oil and gas producers slashed their budgets in the past two years as crude oil prices tumbled, which in turn dented revenues and profits at oilfield service providers.
New Refinery Capacity to Cut Oman Crude Oil Exports
Oman's crude oil exports will drop by about 50,000 barrels per day when new refining capacity comes onstream in the northern city of Sohar by early 2017, Minister…
Custom Fireboat Delivered in Texas
Lake Assault Boats, manufacturer of purpose-built and mission-specific fire and rescue boats, has placed into service a 28-foot fireboat with the City of Conroe Fire Department in Conroe, Texas. The craft was delivered in mid-May. Assistant fire chief for the City of Conroe Fire Department, Paul Sims, said, “When our purchasing committee put out for bids, we received eight quotes from different fireboat manufacturers from across the country.
SBM Offshore Nominates Wood as CFO
SBM Offshore has nominated D.H.M. Wood as a member of the management board and chief financial officer (CFO) to replace current CFO, P.M. van Rossum, who is set to retire.
Hueneme Welcomes Its First Post-Panamax Ship
Port of Hueneme’s first Post-Panamax ship was greeted by Wallenius Wilhelmsen Lines (WWL) company leaders and Port officials during an occasion marking a paradigm shift in how the widened Panama Canal will bring a new class of vessels to the Port of Hueneme. This maiden voyage of the M/V Thalatta marks a new milestone to support the Port’s and its industry partners’ agenda. Thalatta is one of the newest…
Anschütz Provides Gyros for Polar Vessels
German navigation system manufacturer Raytheon Anschütz says it has supplied an advanced gyro compass system for two 25,000 dwt polar class heavy transport vessels for operation north of 70° LAT. The vessels AUDAX and PUGNAX were ordered for Red Box Energy Services and built at Guangzhou Shipyard International (GSI) in China in accordance with the DNV NAUT-AW and highest ice class notations. Raytheon…
Recent Vessel Sales - July 2016
Vessel sales for July 2016 (as of August 1) as prepared by Shipping Intelligence, Inc., New York.
This Day In Naval History: August 10
1812 - The frigate USS Constitution captures and burns the brig, HMS Lady Warren, off Cape Race, off Labrador, Canada. 1831 - The U.S. flag gains the nickname of Old Glory from William Driver…
First Ballast Water Port Solution Completes Tests
Successful shipboard testing has shown that Damen Green Solutions’ InvaSave mobile ballast water treatment solution is capable of providing an IMO type approved backup in a port in the event of a failure in a vessel’s on board treatment systems to uptake or discharge ballast water. The BWT solution can even serve as a port-based alternative for those ship owners that may not want to retrofit an onboard treatment system or be deployed in a port with a sudden outbreak of marine pests.
Maersk Guardian Converted into a Hotel Rig
A 147-room complete hotel module will be lifted on board the Maersk Guardian to finalize a major conversion of the upcoming hotel rig. Following design and construction of a turnkey accommodation module with 147 chambers and appertaining facilities for accommodation rig Maersk Guardian, Semco Maritime said it is now preparing the final installation eight months after the order was placed. The module…
Hapag-Lloyd Posts H1 Loss
Freight rates down 20 pct; CEO says to focus on costs cuts, merger deal with UASC. German container shipping group Hapag-Lloyd said it dropped to a first-half operating loss as disappointing freight rates hurt its business. The loss before interest and tax (EBIT) came to 39.7 million euros ($44.26 million), down from a year-earlier profit of 267.7 million, the company said on Wednesday. Chief Executive…
Shell: Force Majeure on Nigerian LNG
Shell Petroleum Development Company has declared force majeure (FM) on gas supplies to the Nigeria Liquefied Natural Gas (LNG) export facility on Bonny Island, a spokeswoman said.
Cosco Acquires 51% of Piraeus Port
China's COSCO Shipping , owner of the world's fourth largest container fleet, took a 51 percent stake in Greece's largest port on Wednesday. The sale of Piraeus Port had been suspended by the leftist-led government when it won elections in January 2015 but talks resumed after Greece agreed an 86 billion euro bailout deal with its euro zone partners. COSCO agreed to buy 51 percent of Piraeus Port (OLP) in April for 280.5 million euros ($312.51 million) under a deal signed with the HRADF…
Western Nations Urge Calm at Libyan Port
Western countries including the United States, France and Britain said in a joint statement on Wednesday they were concerned by mounting tension around the Zueitina oil terminal in Libya.
Navig8 Chemical Adds New Tanker
Navig8 Chemical Tankers Inc. (the “Company”) (N‐OTC: CHEMS), an international shipping company focused on the transportation of chemicals, today announced that it has taken delivery of the Navig8 Sky, a 25,000 DWT stainless steel chemical tanker, from Kitanihon Shipbuilding Co., Ltd (“Kitanihon”). The Navig8 Sky is the second of six vessels contracted at Kitanihon to be delivered to the Company and…
Grosland Joins NAT as VP
Carl Fredrik Grosland has joined Nordic American Tankers as Vice President, working on analyses, projects and business development. Reporting to Chairman & CEO Herbjørn Hansson in a staff position, he will also work closely with others both in NAT and NAO (Nordic American Offshore Ltd.). Grosland has 12 years of international banking experience as an analyst and broker, focusing mainly on the energy/offshore and the shipping sector.
WhisperPower Expands Commercial Shipping, Offshore Portfolio
For WhisperPower, the SMM trade show will be the launch-pad for promoting a wide range of industrial battery chargers, inverters and inverter / charger combinations for the professional and international commercial shipping industry. WhisperPower, established eight years ago by the former founder of Mastervolt (and before that Victron Energy) has developed an exciting range of products for this sector.
GVF, Intellian Launch Certification for Marine SatCom Operators
In response to strong demand for satellite-based maritime connectivity, Global VSAT Forum (GVF) and Intellian have launched an Intellian Specialist Certification programme, including an initial course in terminal operation, GVF 562N, specifically for seafarers. Intellian, manufacturer of stabilized communications platforms, has launched Specialist Certification programme GVF 562N for seafarers working with its marine stabilised VSAT terminals, including an initial course in terminal operation.
Australia’s New Ballast Water Management Requirements
The Australian government has announced via the International Maritime Organization (IMO) that from June 16, 2016, new requirements for ships engaged in international voyages will be enacted under the auspices of the ‘Biosecurity Act 2015’. A section of the ‘Biosecurity Act 2015’ concerns ballast water from ships on international voyages and has been so drafted as to ensure the implementation of the IMO’s ‘Ballast Water Management Convention’ (BWM Convention).