Abu Dhabi Ship Building Expands Portfolio
Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has expanded its customer portfolio to now include chemical tankers. ADSB welcomed its first chemical tanker at the new drydock facility at Mina Zayed, which was commissioned in July of this year. Mid Osprey, a 140m chemical tanker, is undergoing major repairs including the refurbishment of the ship’s accommodation.
DMCA, DNV Join forces to promote Maritime Innovation
In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation' workshop recently concluded with high participation from maritime industry pioneers and other government entities such as DP World, Dry Docks World, Dubai Maritime City, JAFZA and Trakhees. The workshop was organized to attract investment in innovation…
2nd Asian Marine Casualty Forum Launched
Following the success of the inaugural Asian Marine Casualty Forum (AMCF) in 2015 and by popular demand, the bi-annual industry forum aimed at addressing the current crises in maritime casualty management, is back for the second time running and officially launched in Singapore today. The much welcomed not-for–profit event with its“arranged by the industry for the industry” feature remains and already, sponsorship response has been well beyond expectations.
Majo Appointed President of Civitavecchia, Gaeta and Fiumicino Port Authority
International law firm Watson Farley & Williams (“WFW“) is delighted to announce that Rome corporate Counsel Francesco Maria di Majo has been appointed president of the prestigious Port Authority of Civitavecchia, Gaeta and Fiumicino (Lazio Region, Italy). The appointment was confirmed today by Minister of Infrastructure and Transport Mr Graziano Delrio, following approval from the Italian Chamber of Deputies’ Transport Commission on 15 November 2016.
Hurricane Exercise option over Drilling Rig
Hurricane Energy, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that, further to the rig contract amendments entered into with Transocean, the Company exercised its option over the Transocean Spitsbergen drilling rig on 25 November 2016 in order to drill the Halifax prospect. The Halifax well will be drilled after completion of the Lincoln well. A further announcement will be made once the Halifax well has been spudded.
European Cooperation Essential in Strengthening Inland Navigation
European cooperation is necessary in order to integrate inland waterway transport better into the multimodal logistic chains. the annual capital conference of KEO - Chamber Union Elbe/Oder. EMMA enhances freight mobility and logistics by strengthening inland waterway and river-sea transport and promoting new international shipping services. “Now it is time to deliver results and to contribute to discussions on future European transport policy developments.
Oversupply Remains - Drewry
The withdrawal of Hanjin tonnage has not been enough to rectify the trade’s supply-demand imbalance and headhaul ship utilisation is lower compared to other major East-West markets. Westbound volumes rose by 1.8% in the third quarter and the growth rate for the year to date is now registering 2.9% (see Figure 1). Asian exports shipped to the West Mediterranean (including North Africa) grew by 2.8% between July and September, while traffic to the eastern sector of the trade only expanded by 0.8%.
Incat Crowther Wins Australian Export Award
Incat Crowther has been chosen as the National Winner for the CPA Australia Business Services Award. The award is given for outstanding international success in Professional Business Services with Incat Crowther demonstrating outstanding success in the export of Engineering Services. The Australian Export Awards are a national program recognising Australian businesses for their export achievement and contribution to Australia’s economic prosperity.
$45 mln to bolster Reef Protection
The Australian and Queensland Governments are investing $45 million in an Australian first to improve water quality and reduce sediment run-off across the Great Barrier Reef. The $45 million Great Barrier Reef Gully and Streambank Joint Program will deliver a cohesive program of restoration work in key catchments including Burdekin, Fitzroy and Cape York. The joint program between government, the private sector…
Bosphorus Strait Traffic Suspended after Collision - GAC
Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Monday after a minor collision between two bulk carriers, shipping agent GAC said.
Asia Tankers-VLCC Rates May Hit Multi-Month Highs
VLCC rates last week hit highest since April, May; balanced tonnage supply-cargo demand support rates. Freight rates for very large crude carriers (VLCCs), which rose to multi-month highs last week, could climb further if there is a flurry of pre-Christmas chartering activity, ship brokers said on Monday. VLCC rates were also buoyed by a drop in the number of new vessels being delivered as owners deferred delivery from late 2016 to early 2017, brokers said.
EU to Patrol for Somali Pirates Until end 2018
The European Union's naval mission will keep patrolling for pirates off the coast of Somalia for another two years, to guard against any resurgence of attacks, the bloc said on Monday. The number of raids and kidnappings has fallen - though maritime officials have warned that the risk is still, underlined by two attempted attacks last month. NATO said last week it had ended its own mission off the Horn of Africa…
SVEZA OK'd to Supply Plywood for LNG Carriers
SVEZA Ust-Izhora plywood mill recently obtained the GTT (Gaztransport & Technigaz) Approval confirming compliance with specification of containment system for liquefied natural gas carriers. SVEZA Group is a leader in birch plywood production, and it reportedly has become the first Russian domestic producer certified to deliver to LNG-carriers manufacturers. The company's target is to gain at least a 30% share of the market with the estimated annual volume of 60,000 cubic meters of plywood.
China Lodges Protest with Singapore over Troop Carriers
China's Foreign Ministry said on Monday it had lodged a protest with Singapore after Singaporean armoured troop carriers were seized by Hong Kong customs en route from self-ruled Taiwan.
Helm to Launch Subchapter M Compliance Software
Software developer Helm Operations announced that it will launch its innovative Subchapter M compliance software, Helm CONNECT Compliance, at the International Workboat…
WE Tech Expands Into Australia
WE Tech Solutions (WE Tech), an energy efficiency solutions provider in the marine industry, and The Switch, a technology specialist of permanent magnet machines for advanced marine drive trains, have been chosen to deliver their permanent magnet shaft generator solution to Australian Toll Shipping for a series of two 12,000 dwt RORO vessels. The Sinotrans & CSC affiliated Jinling Shipyard in China will build the ships.
Rigmarine Opens Aberdeen Facility
Lifting and marine product specialist Rigmarine has opened its fourth global facility in the rural village of Insch, 30 miles to the northwest of Aberdeen, Scotland. The site, strategically positioned to serve the offshore oil and gas, renewables, construction, break bulk, shipping and marine industries, joins other Rigmarine locations in Baku, Azerbaijan; Aktau, Kazakhstan; and Sharjah, UAE. As part of the Gaylin Group…
P&O Ferries Chooses GNS Solutions
Ferry company P&O Ferries will take advantage of GNS solutions to deliver purchasing cost efficiencies and simplify navigation management and compliance on board. P&O Ferries, the British ferry company that operates ferries from the U.K. to Ireland and Continental Europe, has selected maritime solutions provider GNS to provide navigation products and services for its fleet of 15 vessels. Under the terms of the agreement…
Scandlines’ New Hybrid Ferry Named MV Copenhagen
The second of Scandlines’ two new hybrid ferries for the Rostock-Gedser route was named M/V Copenhagen during a ceremony at the Danish shipyard FAYARD A/S on October 28, 2016. In his speech to the some 180 guests in attendance, Thomas Andersen, CEO of FAYARD A/S, thanked Scandlines for the confidence which the shipping company has shown the yard and he compared the new ferry with Hans Christian Andersen’s ugly duckling that finally turned into a beautiful swan.
'Submarines Affair' Prompts Investigations in Israel and Germany
Questions over the purchase of German submarines that started with media reports of a potential conflict of interest involving Prime Minister Benjamin Netanyahu's…