Wartsila Order Intake Beats Forecast as Marine Market Revives
Finnish ship technology and power plant maker Wartsila reported on Thursday a bigger-than-expected rise in quarterly order intake, saying the market demand had improved for its marine solution business. * Bookings of new orders in the second quarter increased 14 percent from a year earlier to 1.36 billion euros ($1.57 billion), beating analysts' average expectation of 1.22 billion in a Reuters poll.
Baltic Index Rises on Stronger Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday supported by robust demand for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, increased 16 points, or 1.69 percent, to 964 points. The capesize index jumped 65 points, or 6.32 percent, to 1,093 points. Average daily earnings for capesizes…
Fincantieri, Mapei Enter R&D Partnership
Shipbuilder Fincantieri said it has partnered with Mapei, a producer of adhesives and chemical products for the construction sector with a business line of shipbuilding industry products…
Shell's Integrated Lubrication Solutions for World's Largest Box Ship
Orient Overseas Container Line (OOCL) has appointed Shell Marine to provide its integrated marine solutions, which include lubricants and services for OOCL Hong Kong. OOCL Hong Kong, currently plying routes between Asia and Europe, is the latest vessel to claim the title of ‘world’s largest containership’, with a capacity of 21,413 twenty-foot equivalent units (TEUs), measuring 400m in length and 59m in width.
Seacroft Hires Pearce as Engineering & DP Manager
Aberdeen-based Seacroft Marine Consultants said it has appointed Richard Pearce as Marine Engineering and Dynamic Positioning (DP) Manager, as the firm looks to develop more specialized offshore marine projects. Pearce brings to the role 16 years’ experience in engineering and technical disciplines of the marine and offshore industry, including spells at some of the sector’s most prominent names. Most…
DNV GL Updates NOx TIER III Compliance Guide
Classification society DNV GL has developed a new brochure to offer a set of best practices for the design of ships subject to NOx Tier III requirements. It also offers guidance on the considerations that should be taken into account at the newbuilding stage. To ensure the success of any newbuilding plan, shipowners should carefully consider the future operation of their vessels in the newbuilding planning stage…
Bourque Joins Sea Machines
Following a recent capital investment and the growing global interest from the marine sector, Sea Machines Robotics said it has been expanding its crew and is poised for further growth, expecting to deliver first generation systems to marine customers this summer. Over the past two months, Sea Machines has added multiple new members to its experienced team of engineers, scientists and mariners. Among the new hires is Phil Bourque, the company’s new director of business development.
FLIR Unveils New Multi-Sensor Maritime Camera
FLIR Systems, Inc. has added a cooled thermal camera to its M-Series platform, the FLIR M500 multi-sensor maritime camera, available from September 2017. The FLIR M500’s cooled midwave, 640x512 thermal camera’s ability to detect very small temperature variations translates into greater detail and enhanced image clarity. FLIR cooled thermal technology and the M500’s 14X optical zoom lens also provides better early detection of vessels, key landmarks and navigation aids.
Duke Receives Funding for New Research Vessel
Duke University said it has received $11 million for the construction and operation of a new state-of-the-art vessel that will expand teaching and research capabilities at its marine lab.
Grand Bahama Shipyard Continues Relationship with PC Maritime Services
Grand Bahama Shipyard (GBS) informs its exclusive agency agreement in the Netherlands, Belgium and Luxemburg will continue, as PC Maritime Services’ new owner, Hilka Willms, takes the helm. Upon the retirement of Hans Stoop, his successor Willms will maintain the continuity of GBS representation in BeNeLux. Willms’ experience on both sides of the ship repair business started with a decade-long career at a ship repair yard in the Netherlands…
New Tug Joins Harley Marine Fleet
Harley Marine Services has welcomed its newest vessel, Dr Hank Kaplan, to its Puget Sound fleet on June 22. The vessel has a length of 80', a beam of 36' and a depth of 13'7" and is equipped with two 3516C marine propulsion engines that deliver a combined 5,350 HP. The vessel also features the brand new Cat MTA 524-T azimuth thrusters, which were specially designed for high performance tractor tugboats.
India Government Sops for Ship-Repairing Facilities
In order to promote ship building and ship-repair industry in India, the government has formulated a policy of financial assistance for shipbuilding for a period of ten years for contracts signed between 1st April, 2016 and 31st March, 2026. The Financial assistance at the rate of 20% of the contractual price of a vessel, fair price, or actual payments received by the shipyard is payable after delivery of the vessel and as per the guidelines issued by the Ministry of Shipping.
Oil Spill Response Workshop in Senegal
The use of oil spill dispersants, which can be used to break down an oil slick into smaller droplets as part of response efforts, is the subject of a workshop taking place in Dakar, Senegal (17-20 July). Participants from 11 countries (Benin, the Congo, Côte d’Ivoire, Democratic Republic of the Congo, Gabon, Guinea, Guinea-Bissau, Mauritania, Sao Tome and Principe, Senegal, Togo) are attending the sub-regional workshop…
US Navy to Commission Gerald R. Ford
The Navy will commission its newest aircraft carrier, the future USS Gerald R. Ford (CVN 78), during a 10 a.m. EDT ceremony Saturday, July 22, at Naval Station Norfolk. USS Gerald R. Ford (CVN 78) is the lead ship of the new Gerald R. Ford class of aircraft carrier, the first new class in more than 40 years and will begin the phased replacement of Nimitz-class carriers when the ship is commissioned.
Cargotec Sales Figures Plummet
Cargotec Corporation said that the orders received for H1 for the period of January-June 2017 decreased 4 percent and totalled EUR 1.7bln (USD 1.9bln). The total sales declined 5 percent and totalled EUR 1,638 for the period. However, Cargotec reiterates its outlook published on 8 February 2017 and expects its operating profit excluding restructuring costs for 2017 to improve from 2016 (EUR 250.2 million).
Golden Ocean Adds Golden Keen
Golden Ocean Group (GOGL) has announce that it has taken delivery of the last vessel, Q Keen (to be renamed Golden Keen), hence all 16 vessels are now delivered. Golden Ocean has issued 1,050,000 consideration shares to Quintana Shipping Ltd. and associated companies in exchange for the vessel. In a stock exchange filing the reference is made to the stock exchange notice dated March 14, 2017 where…
Shipwreck Recovery to Commence in August
Florida-based Swordfish Partners and Deep Blue Exploration have contracted Blue Water Ventures International to recover potentially valuable artifacts and coins from a shipwreck site off the coast of North Carolina the parties believe to be the 1838 sinking of the steam paddle wheeler, Pulaski. Endurance discovered the site of the loss and the shipwreck is currently subject of a Swordfish Partners admiralty claim in the U.S. District Court for the Middle District of Florida, Tampa.
Australia Conducts Amphibious Task Group Drill
Australia’s amphibious capability was put to the test recently as the Amphibious Task Group Headquarters took charge of the largest amphibious assault conducted by an Australian force for 70 years as part of Exercise TALISMAN SABER. The assault, led from amphibious sssault ship HMAS Canberra, was a significant milestone in the Australian Defence Force’s development of a high end amphibious warfare capability.
Kinkasan Maru Gets Ship Heritage Certificate
Mitsui O.S.K. Lines (MOL) announced that the engine control console installed on the bridge of the Kinkasan Maru was selected for a "Ship Heritage Certificate" from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). Kinkasan Maru (1961-1979) was a general cargo ship, built at Mitsui Engineering & Shipbuilding Tamano Shipyard in 1961, and operated by MOL. The society noted that the Kinkasan Maru's system represented a pioneering step in the development of automated engines.
Rotterdam Port Throughput Up by 3.9%
With an increase in throughput of 3.9%, the port of Rotterdam can look back a good first half year. There was growth in eight of the ten market segments. The only falls were in the volumes of mineral oil products and other liquid bulk. In particular, the volume of containers handled (9.3% in TEU, 10.4% in tonnes) was the determining factor for the overall growth in throughput. Dry bulk increased (5.2%), liquid bulk decreased slightly (-1.0%) and break bulk was very much on the rise (10.8%).