Large Rogue Waves More Common than Previously Thought
University of Miami Rosenstiel School of Marine and Atmospheric Science scientist Mark Donelan and his Norwegian Meteorological Institute colleague captured new information about extreme waves, as one of the steepest ever recorded passed by the North Sea Ekofisk platforms in the early morning hours of Nov. 9 2007. Within the first hour of the day, the Andrea wave passed by a four-point square array of ocean sensors designed by the researchers to measure the wavelength…
Warfighting Women Winning at Sea
Sailing on the Indian Ocean off the coast of Western Australia in a Royal Australian Navy frigate is just another day in the life of Seaman Boatswain's Mate Paige Powers. After completing her initial recruit training at HMAS Cerberus in Westernport, Victoria, Seaman Powers underwent category training at Seamanship School in order to become a qualified Boatswain's Mate. Seaman Powers is now an important member of HMAS Parramatta’s ship’s company.
Star Bulk Acquire Two Modern Kamsarmax Vessels
Star Bulk Carriers, a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has entered into definitive agreements to acquire two modern Kamsarmax drybulk carriers from an unaffiliated third party for an aggregate total consideration of approximately US$30.3 million. Each of the Vessels has a carrying capacity of 81,713 deadweight tons and was built with high specifications at Jiangsu New Yangzijiang in 2013.
Myanmar Study Looks at Port Data Exchange
A feasibility study looking into the possible expansion of the Northeast Asia Logistics Information Service Network (NEAL-NET) has been undertaken in Myanmar, as part of a project co-funded by International Maritime Organization (IMO) and China. A team of consultants in Myanmar (5-6 March) met a range of stakeholders in the region and made a site visit to the port of Yangon. The aim is to gain a better…
Diana Shipping Announces Time Charter Contracts for Philadelphia
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The gross charter rate is US$15,500 per day, minus a 5% commission paid to third parties, for a period of minimum ten (10) months to about thirteen (13) months. The charter is expected to commence on March 14, 2017.
MPA to Enhance Singapore’s Hub Port Competitiveness
The maritime sector is undergoing significant transformation. To enhance Singapore’s hub port competitiveness, the Maritime and Port Authority of Singapore (MPA) is leveraging technology to help maritime companies innovate and move into new growth areas. MPA will be establishing the MPA Living Lab, and working with partners to set up three Centres of Excellence to deepen maritime R&D competencies.
UK Chamber for Including Marines in New T-Level Qualification
The UK Chamber of Shipping has welcomed Government’s plans to introduce new technical qualifications, but raised questions as to why marine engineering is absent from the plans. But whilst provisions have been made in the plans for specialised vehicle and aircraft engineering, no such opportunities will exist for marine engineering. Guy Platten, CEO of the UK Chamber of Shipping, said: “Government is right to focus on developing new routes into engineering…
HMM, Korea Shipping Company Pact for Sale and Leaseback for Ten Boxships
Hyundai Merchant Marine (HMM) has inked a memorandum of understanding (MoU) with state-backed Korea Shipping Company (KSC) for vessel sales worth up to Won850bn ($739.4m) book value, which will strengthen HMM's financial position. Under the deal, HMM will sell 10 of its container ships to KSC for around Won150bn market value of the vessels, and KSC will finance the outstanding amount by purchasing shares and bonds from HMM.
Navy Female Participation Rate Continues to Climb
Each year on 8 March, Australian Navy joins with institutions and organisations around the world to celebrate International Women’s Day, recognising the achievements and vital role women deliver in the workforce. In 1911, when International Women’s Day began, the only ladies in the fleet were ships. Now, over a century later, women a part of the fabric of Navy, represented across all ranks and in every employment category.
OSV Runs Aground in US Gulf
An offshore supply vessel has run aground off the west Cameron Jetties in Louisiana, Wednesday morning. There were no injuries to the four passengers and three crew aboard the vessel, and no pollution was reported. The 120-foot offshore supply vessel Miss Lynda was carrying construction cargo and had 4,300 gallons of fuel and 100 gallons of oil products aboard at the time of the incident. The four passengers were transited off of the ship by the utility ship Sally D…
Rolls-Royce Blue Ocean Team Looks to the Future
Esa Jokioinen leads Rolls-Royce Marine’s Blue Ocean Team, a team that looks five to 10 years into the future to evaluate evolving technology trends, helping to determine where the company will invest. Jokioinen sat in Maritime Reporter & Engineering News’ New York City headquarters to discuss the look of maritime’s future: All arrows point toward digitalization. When Esa Jokioinen and his Rolls-Royce Blue Ocean Team look at future technology trajectory…
BOURBON Reaches Deal to Reorganize Its Debt
French offshore vessel operator BOURBON said it has signed an agreement with its financial partners providing for the rescheduling of the maturities of a large part of its financial debt. Out of long- and medium-term debt totaling €692 million, €365 million of repayments due between 2016 and 2018 have been rescheduled and reduced to an amount of €63 million not repayable until 2018. The remainder of the debt, i.e.
Fast Supply Vessels Delivered to Baru Offshore
Brazilian shipbuilder ETP Engenharia in Rio de Janeiro has delivered the final six vessels of a 12-ship order for Baru Offshore. The six newest 48-meter DNV Classed DP-1 vessels – Baru Serrana, Baru Tesoro, Baru Sinu, Baru Sirius, Baru Taurus and Baru Vega – were delivered over the last several months to Baru Offshore, a subsidiary of INTERTUG, for charter with Petrobras. The vessels’ designer Incat…
Record Number of OSVs to Be Delivered in 2017
Vessel oversupply will continue to plague the offshore industry this year as a record total of 465 offshore support vessels (OSV) are expected to be delivered in 2017, according to VesselsValue. Beginning with the drop in oil prices and then lower demand for offshore research projects, the offshore industry is struggling with historically low asset prices, while many offshore vessel owners around the world have been led to bankruptcy.
Interview: Rear Admiral Paul Thomas, USCG
Rear Admiral Paul Thomas develops and maintains policy, standards and program alignment for waterways management, navigation safety, boating, commercial vessels, ports and facilities, merchant mariner credentialing, vessel documentation, marine casualty investigation, inspection and port state control activities. He serves as the Assistant Commandant for Prevention Policy overseeing three Coast Guard directorates: Inspections and Compliance…
Global Marine Expands Its Fleet
Subsea cable systems design, installation and maintenance firm Global Marine Systems Limited, has added the 6,200 ton cable deadweight CS Recorder to its fleet. Built in 2000, the vessel formerly known as the Maersk Recorder, has previously been chartered by Global Marine for numerous cable installation projects and has since successfully completed work in the oil and gas and renewables sectors. The…
MAN PrimeServ Inks Maintenance Deal with Teekay
MAN Diesel & Turbo’s after-sales division MAN PrimeServ has signed a maintenance contract with Teekay Shipping, one of the world’s largest marine energy transportation, storage and production companies. The new EMC (Engine Management Concept) contract is for the maintenance of the Oak Spirit, Creole Spirit and Torben Spirit, sisters from Teekay’s 173,400-m3 LNG carrier series. The agreement covers the provision of spare-parts…
Britain to Review Tax to Speed up North Sea O&G Deals
Britain will look at ways of making it easier to sell North Sea oil and gas fields by changing tax rules in order to keep them producing for longer, the finance ministry said.
Rolls-Royce Plots Further Ship Intelligence R&D
Rolls-Royce has announced the latest stage in its research and development plans to make remote and autonomous shipping a reality and reap the benefits of increasing digitalization in the marine industry. The company said it is looking to develop partnerships and opportunities with other organizations around the world to, create the capability, competencies and jobs to supply the technology and components required.
Maersk Invests in Refrigerant Container Units
Maersk Line has ordered the first 100 of a total of 200 refrigerated containers to be chilled by Carrier Transicold’s NaturaLINE natural refrigerant based system. Carrier Transicold is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX). Carrier Transicold’s highly efficient NaturaLINE is the first container refrigeration system to use the natural refrigerant carbon dioxide (CO2)…