Maritime Reporter TV Goes "Mobile" with DNV GL
On December 13, 2016, Knut Ørbeck-Nilssen, CEO Maritime, DNV GL, conducted an interview with Maritime Reporter TV's Greg Trauthwein at DNV GL's Washington, DC office. Ørbeck-Nilssen provided candid commentary on the pace and direction of the offshore and maritime market recoveries, providing unique insights on everything from the evolution of "Big Data" to challenges posed by regulation, specifically…
Proposed New Capital Rules Threaten Shipping
The global shipping industry will hit a credit crunch if proposed new bank capital rules are implemented in a sector already weighed down by toxic debt, bankers involved say. The Basel Committee of banking supervisors from nearly 30 countries met in Chile last month in an effort to complete the new rules for lenders in the world's major financial centres. It is now trying to pin down the details. While the rules do not target shipping specifically…
Kongsberg Adds CO2 Emissions App to K-Fleet
Kongsberg Maritime has developed a new Carbon Dioxide (CO2) Monitoring, Reporting and Verification (MRV) application for its K-Fleet suite of Marine Fleet Management Software. K-Fleet MRV has been assessed as meeting the requirements of new EU-regulation 2015/757, which is a result of the EU calling for a global approach to reducing greenhouse gas emissions from international shipping. Entered into force on July 1…
Stena Line Extends Ferries Maintenance Contract
Swedish ferry operator Stena Line has renewed its planned maintenance agreement with MacGregor, part of Cargotec. Stena Line has held MacGregor Onboard Care (MOC) agreements since 2008 and its latest contract takes the number of RoRo vessels covered to 39. "Our preventative and planned service products, such as MOCs, make it easier to schedule services; they guarantee that parts are in place and they are very cost-effective for the customer.
EU Leaders Seek More Vessels for Libyan Coastguard
European Union leaders will on Thursday call for more vessels for the Libyan coastguard to help it prevent migrants leaving its shores for Europe, sources said.
New US Ballast Water Research Lab Opened
Traveling across the globe from port to port, the U.S. Navy fleet transports sailors and Marines, aircraft, and supplies. Unfortunately, ships can also unintentionally transport stowaways…
US Approves $25 Mln Radar Sale to the Philippines
The U.S. government has approved the sale to the government of the Philippines of two Sea Giraffe radars and related equipment, support and training for about $25 million, the U.S.
ABS Presents Guidance for Subsea Pipeline Routes
ABS, provider of classification and technical services to the offshore industry, has published the ABS Guidance Notes on Subsea Pipeline Route Determination. This document…
Donald Joins HII Board of Directors
Huntington Ingalls Industries (HII) announced that Adm. Kirkland H. Donald, U.S. Navy (Ret.), has been elected to its Board of Directors, effective Jan. 1, 2017. Donald retired from the U.S. Navy in 2013 after 37 years of service. In his last assignment as the director, Naval Nuclear Propulsion, he was responsible for the safe and effective operation of the Navy’s nuclear propulsion program, which today includes all submarines and aircraft carriers.
Record Container Volume at SC Ports
South Carolina Ports Authority (SCPA) reported its strongest November container volumes on record. SCPA handled 175,217 twenty-foot equivalent units (TEUs) in November, a year-over-year increase of 14 percent. Previously, SCPA's strongest November on record was 163,121 TEUs handled in 2005. With 864,970 TEUs moved since the fiscal year began in July, the Port's container volume is up 4 percent. As measured in pier containers…
Long Beach Container Counts Soft
The Port of Long Beach said shifting alliance routes and the Hanjin bankruptcy continued to affect its volumes in November, when container traffic was 13.8 percent lower than the same month last year. A total of 534,308 twenty-foot equivalent units (TEU) were moved through the harbor last month. Imports fell 11.8 percent to 270,610 TEU. Exports declined 3.1 percent to 120,897 TEU, while empty TEUs numbered 142,801, 24.2 percent off.
Los Angeles Container Volumes Jump 23.6%
According to the Port of Los Angeles, containerized cargo flowing through the port surpassed all-time volumes for a Western Hemisphere port for the second consecutive month. Port of Los Angeles terminals processed 877,564 Twenty-Foot Equivalent Units (TEUs), eclipsing October’s all-time record of 814,574 TEUs. November volumes were up 23.6 percent compared to November 2015. "We are grateful to the cargo owners who see the value in this trade corridor…
New Partnership for LNG Carrier Repair
On the November 25, 2016 Europe Technologies Group signed a Memorandum of Agreement with the Shipbuilding and Repair Development Company of Trinidad and Tobago Limited in Nantes, France. This Trinidad-based ship repair arrangement with the expert guidance of the Europe Technologies Group will provide both project management and skilled personnel in organizing the working party with the ship-owner, the shipyard…
East-West Shippers See First Increase in Contract Rates
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw a reversal of trend in 4Q 2016, according to Drewry’s Benchmarking Club, a closed user group of 50 multinational retailers and manufacturers who closely monitor their contract freight rates. The Drewry Benchmarking Club Contract Rate Index, based on average Transpacific and Asia-Europe contract freight rate data provided confidentially by shippers…
Andrew Garrad to Retire from DNV GL
Dr. Andrew Garrad, the co-founder of Garrad Hassan, has announced he will retire from DNV GL on December 23, 2016. Following the merger between DNV and GL Garrad Hassan two years ago, Andrew ceased to play an active operational role in the company, but remained associated with DNV GL, as advisor, as Chairman of Bristol’s year as European Green Capital (which DNV GL sponsored) and as President of the European Wind Energy Association 2013-2014.
Port of Antwerp to Boost Trade with South Korea
During the City Trade Mission to Seoul, Antwerp Port Authority signed a Memorandum of Understanding with KITA, the Korea International Trade Association. With 77,000 member companies KITA represents Korea's international trading community. The proposed collaboration between Antwerp Port Authority and KITA represents a significant boost for the port, emphasised Jacques Vandermeiren, CEO-designate of the Port Authority, just before the signing of the MoU.
Islamist Group Targets Commercial Vessels in Sulu, Celebes
The Philippines-based Islamist group ASG has conducted tens of attacks against vessels in the Sulu and Celebes seas since March 2016, although since October it has increasingly targeted larger commercial vessels, heightening the risk to global shipping in the region, says a report from Protection Vessels International Ltd. Previously, the group had only been able to abduct seafarers from slower-moving…
Danish Shipowners Partnership for Green Shipping
The Danish Shipowners' Association, the Ministry of Environment and Food of Denmark and the Ministry of Industry, Business and Financial Affairs have concluded a partnership. "The Danish Shipowners' Association, the Ministry of Environment and Food of Denmark and the Ministry of Industry, Business and Financial Affairs have concluded a partnership to strengthen cooperation and dialogue across Blue Denmark within the maritime environmental area…
Asia: 10 Piracy Incidents in November 2016
ReCAAP ISC has published its monthly report on piracy and armed robbery against ships in Asia. In November 2016, a total of 10 incidents were reported, of which six were actual incidents while four were attempted incidents. Of the six actual incidents, five were incidents of armed robbery against ships and one was a piracy incident. Of great concern was the continued occurrence of incidents involving the abduction of crew from ships while underway in the Sulu-Celebes Sea and off eastern Sabah.
India Okays 'Major Port Trust Authorities Bill, 2016'
The Union Cabinet of India, chaired by the Prime Minister, Narendra Modi has approved the Major Port Authorities Bill, 2016, a move aimed at bringing greater efficiency and professionalism in governance of ports through full autonomy in decision making and by modernizing the Institutional structure of Major Ports. It will replace the Major Port Trusts Act, 1963. The Union Cabinet "has approved the proposal of the Ministry of Shipping to replace the Major Port Trusts Act…