US Drillers Add Oil Rigs for 8th Week in a Row -Baker Hughes
U.S. energy companies added oil rigs for an eighth week in a row, extending a seven-month drilling recovery as crude prices remained near a 17-month high. Drillers…
Future Care Launches New Website
Future Care, Inc., a provider of global maritime medical management and cost containment services to the maritime community, has launched its new website www.futurecareinc.com.
Arctic Warms Up
Temperatures at the North Pole could be up to 20 degrees higher than average this Christmas Eve, in what scientists say is a record-breaking heatwave. Temperatures throughout November and December were 5C higher than average. The surface temperatures close to the Pole was about -4C, according to data from the Norwegian Meteorological Institute. At this time of year the average figure is about -30C.
Cochin Shipyard Limited Developing New Dry-dock
A new large dry dock is considered essential for future growth of Cochin Shipyard (CSL), says the ministry of shipping, India. This dry dock will enable CSL to construct LNG ships, Large Naval vessels like the proposed second Indigenous Aircraft Carrier, Merchant vessels, like Cape size vessels, etc. The dry dock will also cater to repairs and upgradation of jack-up rigs, semi submersibles, etc. The estimated cost of the proposed new High Density dry dock is Rs. 1799 Crores ($265 million).
New Bunkering Procedures in Singapore
The Standard Club has quoted a a circular earlier this year by the Maritime and Port Authority of Singapore (MPA) for the mandatory use of the mass flow metering (MFM) system for marine fuel oil (MFO) deliveries in Singapore with effect from 1 January 2017. The circular covers the set of core requirements for metering system qualification, installation, testing, procedures and documentation for MFO deliveries via the MFM system in the port of Singapore.
Lebanese NGO “KAYANY” Bags CMA CGM Corporate Foundation 2016 Prize
On Thursday, December 22, the President of CMA CGM Corporate Foundation, Mrs. Naïla Saadé, handed over the 2016 Prize of the Corporate Foundation to Mrs. Nora Joumblatt, founder and president of the NGO “KAYANY” at CMA CGM head office in Beirut. Founded in 2013, the Lebanese NGO “KAYANY”, which means “my existence”, aims at providing schooling and psychosocial support to the most vulnerable Syrian children refugees in Lebanon.
Shanghai, Trinidad and Tobago to Host Maritime Technology Centres
International Maritime Organization (IMO) has announced the first two institutes selected to host regional Maritime Technology Cooperation Centres (MTCCs) under an ambitious project, funded by the EU and implemented by IMO, to help mitigate the harmful effects of climate change. Under the Global MTTC Network (GMN) project, Shanghai Maritime University in China will host the MTCC for the Asia region (MTCC-Asia), while the University of Trinidad and Tobago will host MTCC-Caribbean.
Inland Waterways to Get Boost in India
The National Waterway Act, 2016 declaring 111 national waterways, including the 5 national waterways declared earlier has been enforced w.e.f. 12th April, 2016. The process for preparation of techno economic feasibility (TEF) study/Detailed Project Report (DPR) of new national waterways was initiated. As per the feasibility reports received so far, 32 new national waterways and five national waterways declared earlier are to be developed in the next three years.
Busan Port May Hit by Shipping Alliance Reshuffle
The upcoming reorganization of global shipping alliances is likely to hit Korea’s largest port in Busan and the harbor volume of Busan Port is expected to drop by 3.5 percent from next year, the Korea Herald reported quoting Korea Maritime Institute (KMI)’s report. KMI announced on December 22 that as a result of the analysis of the port rotation adjustment plans formulated by the soon-to-be-established shipping alliances "Ocean" and "THE Alliance…
Executive Changes at Caterpillar
Following the previous announcement that Jim Umpleby will become Caterpillar’s Chief Executive Officer on January 1, 2017, Caterpillar Inc. announced today additional changes in its executive ranks. The company’s Board of Directors has appointed current Construction Industries Group President Tom Pellette, 53, group president of Energy & Transportation, the position previously held by Umpleby. Replacing Pellette…
Woman Medevaced from Cruise Ship
The Coast Guard medevaced a 36-year-old woman from the cruise ship Norwegian Dawn 110 miles south of Southwest Pass, Louisiana, Thursday. Coast Guard Sector New Orleans watchstanders received a report at 3:20 p.m. that a cruise ship crewmember, Shirlee Magsino, had been suffering from abdominal pain. Watchstanders launched a Coast Guard Air Station New Orleans MH-65 Dolphin helicopter aircrew and a Coast Guard Aviation Training Center HC-144 Ocean Sentry aircrew at 4:41 p.m.
Port Everglades to Deepen, Widen Channels
The Port Everglades Navigation Improvements Project has received federal authorization for the U.S. Army Corps of Engineers to move forward with deepening and widening the Port's navigation channels as part of the Water Infrastructure Improvements for the Nation (WIIN) Act signed into law December 16, 2016, by President Barack Obama. The project is currently in the preconstruction engineering and design phase, and can now proceed through the permitting and federal funding processes.
Vietnam to Tap Waterways Transport Potential
The total length of waterways that can be exploited is 17,000 kilometers, of which 9,000 kilometers are capable of receiving vessels with tonnage of over 100 tons, VietNamNet Bridge reported. Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths. The Ministry of Transport estimates that Vietnam needs $600 million to upgrade the waterway transport network by 2020.
IRISL, NITC Pact for Ship Repair JV
The initial agreement for establishing a Joint Venture Company in ship repair sector, was signed between Industrial Development and Renovation Organization of Iran (IDRO), Islamic Republic of Iran Shipping Line(IRISL) and National Iranian Tanker Company (NITC). According to MANA correspondent, the initial agreement for establishing a Joint Venture Company in ship repair sector, was signed by Dr.
Oman Shipping Withdraws from Navig8 Pool
Navig8 Group (Navig8), the world's largest provider of maritime services, has announced that it has been advised by Oman Shipping Company SAOC (OSC) that they have decided to internalize the commercial management of their VLCC fleet which had been hitherto in the VL8 pool. The VL8 pool is one of the largest VLCC tanker pools in the world and one of 16 shipping pools managed by Navig8. The company's 16 shipping pools bring together multiple…
UK Eyes Part-Privatisation of Ship Register
The Bulletin Panama reported that a report by KPMG, commissioned by the Department for Transport, recommends that the Ship Register become a “govco”, a privately held state-owned company that is subject to government oversight but has more commercial freedoms, including over employment terms. Britain used to have the biggest merchant fleet in the world, but the number of UK registered vessels has declined sharply since the 1970s…
Iran, Kazakhstan Deal for Shipping JV
The chief executive officers of Islamic Republic of Iran Shipping Line (IRISL) and Kazakhstan’s KTZ Express – a subsidiary of the country’s national railways company- signed an agreement for establishing a joint company. The deal could lead to the creation of a new transport corridor connecting Iran’s southern ports to the upper parts of Central Asia - and even possibly Russia and China. On the sideline of Iran's president visit to Kazakhstan…
UK to Create Shipping Jobs through New SMarT+
The UK shipping industry will create thousands of jobs for young people if Government increases funding for seafarer training, the UK Chamber of Shipping has said. The industry trains around 800 new cadets each year, but this could increase to 1200 under a new industry proposal that would see shipowners commit to employing cadets after their training is completed. Major employers including Shell and Carnival have already committed to the scheme.
Obama's Arctic Ban and Aftermath
US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US-owned northern waters. Vowing that his successor won’t be able to reverse his actions, President Obama on Tuesday used executive authority to permanently ban new offshore drilling in federally owned waters off the Atlantic coast and in the Arctic Ocean. The majority of the Chukchi and Beaufort…
Austal delivers Gabrielle Giffords (LCS 10)
Austal delivered the fifth Independence-variant littoral combat ship (LCS), the future USS Gabrielle Giffords (LCS 10), to the U.S. Navy on December 23, exactly six months from the date LCS 8 was handed over, at an official document signing ceremony held aboard the ship. This milestone marks the third LCS built by Austal as the prime contractor. “It’s exciting to be handing over another littoral combat ship to the Navy,” said Austal USA President Craig Perciavalle.