NGOs Call Upon EU to Effectively Regulate Shipping Pollution
From dangerous emissions in ports to hazardous scrapping on South Asian beaches, European shipping companies pollute and put people’s health and lives at serious risk. In light of the ongoing European Shipping Week and the failure of the International Maritime Organisation to find solutions, environmental experts are ringing the alarm bell and calling upon European policy makers to urgently adopt policies that effectively target the environmental performance of shipping.
Seadrill Could Be Heading for Bankruptcy
The oil rig owner SeaDrill could be forced into bankruptcy protection soon, if it fails to reach a restructuring agreement with its lenders, reports Reuters. The rig firm, controlled by John Fredriksen, is battling with $14 billion in debt and liabilities. "In the event a consensual restructuring agreement is not concluded or an agreement to an extension is not reached, we are also preparing various contingency plans…
Illogical Port Choices by Liner Alliances
In a ground-breaking analysis Drewry has examined the correlation between carrier terminal ownership and the choice of port calls by the 2M and upcoming Ocean and THE liner alliances. The results show that the choice of port call is often not in line with carrier terminal ownership interests, according to the recently launched Ports and Terminals Insight report published by global shipping consultancy Drewry.
CMA CGM Announces Rates Adjustments in China
After considering carefully recent changes in the Chinese container shipping market, CMA CGM’s senior management has decided to adjust the THC (Terminal Handling Charge) applicable to CMA CGM operations in Chinese ports (i.e. the OTHC). A statement form the company said that CMA CGM is always committed to its clients’ best interest, hence the rate changes. The new average THC rate will be adjusted from RMB 694.8 per TEU to 560.2 RMB per TEU.
Balancing Port Competitiveness and Security
Secure and efficient ports support a sustainable maritime sector and underline the interconnection between ships, ports and people. This was one of the themes outlined by International Maritime Organization (IMO) ' Javier Yasnikouski, Head of Maritime Security, who was speaking at the Hemispheric Conference on Port Competitiveness and Security, organized by the Inter-American Committee on Ports (CIP) of the Organization of American States (OAS), in Miami, United States (22- 24 February).
Panama Canal Expansion Boosts US East Coast Port Volumes
As the Panama Canal’s newly operational expanded lane helps set monthly tonnage records, the project’s impacts are being felt along the U.S. East Coast. Effects of the canal’s expansion are reverberating well-beyond Panama’s shores, as ports around the world are in varying stages of work to deepen and widen their channels to accommodate the growing number of Neopanamax vessels that can now transit the canal.
Lamor Demos New Oil Recovery System
In mid-February, Lamor Corporation demonstrated a new way to recover oil by deploying the Lamor Marine Oil Spill Sweeper LMOS 15 Speed Skimming system in Halifax, Canada in cooperation with their local representative, Griffin Engineered Systems, for Canadian response organizations and companies, represented by Eastern Canada Response Corporation (ECRC), Canadian Coast Guard, Department of Defense (DND), ALERT and RMI Marine.
Harley Marine Welcomes First US EPA Tier 4 Tractor Tug
Harley Marine Services accepted delivery of its newest tractor tug, Earl W Redd, a first-of-its-kind workboat equipped with Caterpillar's Tier 4 emissions technology. The vessel enters the Harley fleet as one of the most efficient and environmentally conscious vessels in the world, exceeding the toughest marine EPA standards. Built at Diversified Marine of Portland, Ore., the Earl W Redd measures 120 feet by 35 feet, with a loaded draft of 19 feet 3 inches.
Emas Chiyoda Subsea Files for Bankruptcy
Subsea affiliate of Singapore's Ezra files for U.S. A subsea and offshore contractor affiliate of Ezra Holdings Ltd, a struggling Singaporean oilfield services firm, filed for U.S. bankruptcy as it ran short of cash due to a lingering downturn in the oil-and-gas industry. The affiliate, Emas Chiyoda Subsea Ltd, said in court papers filed in Houston that the company was suffering from weak demand for its subsea contracting work and tightening credit conditions.
C-Job to Open Rotterdam Office
Naval architecture and engineering firm C-Job will open new office facilities in Rotterdam, operational from March 1, 2017. The new office, which the company said will open in response to growing market demands as well as to attract new employees from a larger geographical area, is C-Job’s third, after the head office in Hoofddorp and the branch office in Joure. “One of the main reasons for establishing an office in Rotterdam is to do with our clients…
Health Monitoring System Keeps an Eye on the Fleet
When you’re out at sea, the last thing you need is a major breakdown. In such a case, it would mean being towed back to dry dock for expensive repairs – and that’s something that hard-pressed shipping companies can do without. One way around this is to keep a constant watch over onboard assets condition, and SKF has helped one shipping customer to do this – introducing condition monitoring to its ship, with plans to extend the service to other vessels in the fleet.
ST Marine Liquidates Hovertrans Solutions
Singapore Technologies Engineering Ltd (ST Engineering) announced that Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions), a subsidiary of Singapore Technologies…
Stena Line Signs Up for MAN Online Service
MAN Diesel & Turbo recently signed a contract with Stena Line to provide its online service to two vessels. The Stena Hollandica and Stena Britannica are both conventional passenger-and-vehicle superferries that sail the daily route between the Hook of Holland and Harwich and are each powered by 4 × MAN 48/60CR engines. Dan Sten Olsson, CEO and owner of the Stena Sphere, and Bjarne Koitrand, Stena Line Technical Director…
EU Shipping Needs Stronger Global Orientation -Study
The EU has an overall competitive regime in place for fiscal and social measures as well as quality registers and a strong skills base. This combination supports the current status of the EU as an attractive location for shipping activities. To develop further growth in European shipping, the EU however needs to adapt this framework into a comprehensive, globally oriented shipping policy that aims to improve the EU’s competitiveness as a location for international shipping.
Shell Approves New Gulf of Mexico Project
Royal Dutch Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months.
Inmarsat Signs Service Deal with Radio Holland
Inmarsat, a provider of global mobile satellite communications services, has signed a service and installation agreement with Radio Holland to support strong customer demand for rapid migration from Ku-based XpressLink to Fleet Xpress services. Radio Holland is a specialist in installing and maintaining maritime communications, navigation and automation systems along the global shipping routes. The non-exclusive agreement augments Inmarsat’s existing service partner and VAR arrangements…
Rolls-Royce Wins USCG OPC Propulsion Contract
Rolls-Royce will provide an extensive range of equipment, including MTU marine generator sets, to a new fleet of U.S. Coast Guard Offshore Patrol Cutters (USCG OPC). The Rolls-Royce equipment was selected by Eastern Shipbuilding Group (ESG) Inc. for the USCG OPC fleet’s first nine vessels, with an option to add two more. Sam Cameron, Rolls-Royce, Senior Vice President, Sales & Business Development – Naval, said: “The Offshore Patrol Cutter is the U.S.
Norway’s New Oceanographic Icebreaker Launched
A new oceanographic icebreaker being built for the Norwegian government has been launched at Fincantieri’s shipyard in Muggiano, La Spezia. The vessel, Kronprins Haakon, touted by the builder as “one of the most advanced oceanographic icebreakers in the world,” will continue to undergo final outfitting ahead of its delivery by the end of 2017. Kronprins Haakon will be owned by the Norwegian Polar Institute for the Norwegian Government…
Newbuild Suezmax Tanker Delivered to NAT
Nordic American Tankers Limited (NAT) said it has taken delivery of Nordic Space, its second Suezmax newbuilding tanker of 158,000 deadweight tons, built at Sungdong…
New Subsea 7 Heavy Construction Vessel Built to LR Class
Subsea 7’s newest heavy construction flexlay vessel, Seven Arctic, has been designed and built to Lloyd’s Register (LR) class. Designed to meet the demands of deepwater and harsh environments, she can work at depths of 3,000m and features three offshore cranes, the largest of which is capable of a 1000-tonne lift. Built by Hyundai Heavy Industries, Seven Arctic measures 162.3 meters in overall length with a breadth of 32m.