Korea Bank Puts 10 Hanjin Vessels Up for Sale
Korea Development Bank, the main creditor of the dissolved Hanjin Shipping Co. and state-owned entity, has put 10 Hanjin vessels up for sale in order to source back elements of its extended loans, reports Yonhap. According to the sources, potential buyers are required to submit their bids for the ships — two container ships and eight bulk carriers — by Feb. 21. Previously a South Korean court agreed…
New DNV GL Standard Ensures Reliable DP Capability Assessments
DNV GL presented its new standard for assessing the station keeping capability of DP (dynamic positioning) vessels at the European Dynamic Positioning Conference in London. The ability to assess and compare the position-keeping capability of a ship equipped with dynamic positioning technology is vital during the planning and design phases, and provides valuable operational decision support. The DNVGL-ST-0111 standard is the first to provide a unified approach to these assessments…
USS New Hampshire Goes for Maintenance
The Virginia-class nuclear-powered attack submarine USS New Hampshire has arrived at the Portsmouth Naval Shipyard (PNSY) for maintenance work, AP reported. It is the fifth Virginia-class submarine and the third U.S. Navy ship to be named in honor of the state of New Hampshire. USS New Hampshire (SSN 778) will complete scheduled maintenance work and several system upgrades while in the Shipyard. New…
The Big Melt in World Ocean Ice Record
Sea ice extent in both the northern and southern hemisphere was at record low levels for the month of January 2017. Last month set a record for the lowest sea-ice extent for the month, falling below the record set last year, according to the National Snow and Ice Data Center (NSIDC), a Colorado-based research outfit. Arctic sea ice this January averaged 5.17 million square miles, the lowest for the month in the 38-year sea ice record.
Seafarers' Center Honors Houston Port Executive Director
The "Bronze Anchor Award" recognizes an individual, company or organization that has demonstrated a steadfast commitment to promoting the HISC mission and vision, and served as a leader and advocate for the welfare of seafarers. Guenther will be officially honored as a "Bronze Anchor Award" recipient at the HISC Maritime Gala to be held May 6, 2017. The gala will be held earlier in the year than normal…
MOL Group Expands its Exploration Portfolio
MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the 4th bid round in Hungary, doubling its exploration acreage in the country. MOL Norge participated in the latest APA licensing round and acquired 4 licences in the Norwegian Continental Shelf, one of which with operatorship. These successes significantly contribute to the implementation of the MOL 2030 strategy.
Louis Dreyfus Orders Wind Farm Vessel from Cemre
Louis Dreyfus Armateurs Group (LDA) said it has ordered a wind farm service operation vessel (SOV) from Cemre shipyard in Turkey. The vessel will be delivered in Q4 2018 and chartered to DONG Energy Wind Power A/S for operations at four wind farms off the German coast (Borkum Riffgrund 1&2, Gode Wind 1&2). The vessel has been designed in cooperation with Salt Ship Design to enable technicians to perform maintenance on wind turbines.
Johansen Joins EBDG Electrical Team
Erik Johansen joined Elliott Bay Design Group's (EBDG) New Orleans office in December 2016 bringing with him 20 years of marine electrical experience. Johansen’s expertise includes supporting offshore vessel operators with major modifications, conversions and oversight of electrical contractors. His portfolio of vessel types includes workboats, ferries, tugboats, platform support vessels and chemical and petroleum carriers.
Two Offshore Vessels Join DOF Fleet
The DOF Group said a Norwegian limited company not owned by DOF has signed an agreement with Olympic Shipping to purchase two vessels, Olympic Commander and Olympic Hera. DOF and the new owner have entered into an agreement for management and operation of the two vessels, and DOF has an option to purchase the vessels at a price corresponding to the outstanding debt or approximately 50-60 percent of historical build costs. In a statement, DOF Group CEO Mons S.
Fleet Cleaner Completes Its First Job
Dutch company Fleet Cleaner said it has completed its first hull cleaning trial in December 2016 in the Dutch port of Den Helder, using a robot to clean the hull of HNLMS Karel Doorman, the largest vessel of the Royal Netherlands Navy. Fleet Cleaner deployed a remotely operated vehicle (ROV) to remove fouling on the vessel’s hull – both under- and above-water. Due to loading and unloading, up to 20 percent of the fouled surface can be above the waterline in port.
Why Is Fuel Testing Important?
Ship operators shuld make on board fuel testing an operational necessity, urges Wilhelmsen Ships Service (WSS). There are a host of issues, which can arise with both traditional heavy fuels and modern low sulphur distillates that, if left unchecked, cause significant problems in the engine room. Water content is a common problem for both fuels, but there specific issues associated with the two distinct fuel types.
Sanmar Builds Tug for West Central Africa
The newly built tugboat Ivindo, the latest in the Bogacay Class from Turkish shipbuilder Sanmar, has started her maiden journey to operate in West Central Africa. This ASD design, exclusive to this builder, is known as the Robert Allan RAmparts 2400 SX Class but contains considerable input based on Sanmar’s operational experience. Measuring 24.4m in length with a molded beam of 11.25m and an overall draft 5.70m…
Evac Names Rudling President, Offshore and Merchant
Evac Group has appointed Claes Rudling as global Business Area President, Offshore and Merchant, effective January 23, 2017. Rudling will continue as CEO of Uson Marine…
New CEO at CMA CGM
Rodolphe Saadé is the new chief executive of container shipping line CMA CGM, taking over the role previously held by his 80-year-old father. The top spot at CMA CGM Group has been passed from one generation to another. Jacques Saadé announced on his 80th birthday that his son Rodolphe Saadé would take over as the French shipping line’s next chief executive officer. Jacques Saadé, who founded the company 1978, will remain chairman of the board of directors.
SBM Offshore Raises Dividend
Dutch oil-ship lessor SBM Offshore's full-year core profit (EBITDA) jumped 67 percent, driven by growth in its Lease and Operate business, the company said on Wednesday. SBM, which has been seeking a settlement after being accused of paying bribes to executives of state-controlled oil company Petrobras, reported an EBITDA of $772 million for 2016. Revenue fell 16 percent to $2.27 billion. Analysts polled by Reuters had on average expected revenue of $2.06 billion and EBITDA of $729 million.
GTT Receives Order to Equip a New FSRU
GTT has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip a floating storage and regasification unit (FSRU) with its NO96 cryogenic membrane containment system.
Pirates Kidnap Cargo Ship Crew Nigerian Waters
Pirates have kidnapped seven Russians and one Ukrainian after attacking the cargo ship the BBC Caribbean off the coast of Nigeria, the Russian embassy said on its official Twitter account.
FRC Bailey Barco Delivered to the USCG
The U.S. Coast Guard has taken delivery of USCGC Bailey Barco on February 7, 2017 in Key West, Fla. The vessel is scheduled to be commissioned in Ketchikan, Alaska in June, 2017. USCGC Bailey Barco is the 22nd vessel in the Coast Guard's Sentinel-class Fast Response Cutter (FRC), built by Bollinger Shipyards using an in-service parent craft design based on the Damen Stan Patrol Boat 4708. The 154-foot patrol has a flank speed of 28 knots…
Ro-ro Vessel Fires: Risks and Recommendations
As vessel fires have become more prevalent in the car/ro-ro passenger segment, the International Union of Marine Insurance (IUMI) examines these occurrences as the group voices its concerns and puts forward recommendations to mitigate the risks. The deadly fires aboard the ferries Norman Atlantic just before New Year 2014 and the Sorrento in April 2015 prompted an international response from the UN International Maritime Organization (IMO) in May 2015.
Hai Cheung to Build Evoqua Seacure System Under License
Evoqua Water Technologies’ SeaCure ballast water management system (BWMS) continues to build momentum in the marine market. Today, the company expanded its global partnership network by joining forces with Hai Cheung, a leading marine equipment supplier to the Chinese market. Hai Cheung will initially support Chinese shipyards with the supply and service of Evoqua’s SeaCURE BWMS. In a second phase of the agreement…