Samsung Heavy to Cut Its Workforce
South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce, and have employees return part of their salaries in order to cut costs, according to Yonhap News Agency. SHI unveiled a self-restructuring program that centers on cutting the workforce and having executives return part of their salaries last year, in order to tide over a protracted slump in the shipbuilding sector.
DMCA Shares Maritime Experience with Abu Dhabi
The Dubai Maritime City Authority (DMCA) shared its renowned experience in implementing world-class maritime registration and licensing services with the Department of Municipal Affairs and Transport in Abu Dhabi (DMAT) during their recently held meeting. Both parties also exchanged expertise to achieve their common goals of further improving the marine licensing system according to the highest international…
GC Rieber Gets Extension for 'Polar Onyx'
Norwegian offshore shipowner GC Rieber Shipping has entered into an agreement to extend the fixed contract period for "Polar Onyx," according to a press release. The agreement secures the ship until the end of August 2017. It had won the initial contract for the vessel in early March. At the time, the company said that the charter would see the vessel continue operating in West Africa. Polar Onyx is…
SolstadFarstad Wins Australian Contract
Norway’s offshore vessel provider SolstadFarstad has secured a contract with Australian energy company Cooper Energy to support drilling operations within the Bass Strait region of Australia. The contract consists of the two anchor handling tug and supply vessels - Far Statesman and Far Senator - towing the Ocean Monarch from the North West Shelf of Australia to the Bass Strait, and then continuing with rig support duties for a firm period of 120 days, and two lots of 60-day optional periods.
DHS Custom Passenger Ferry Launched
Gulfstream Shipbuilding launched a custom passenger/vehicle ferry for the U.S. Department of Homeland Security (DHS) on July 12, 2017. This 118 x 27 x 10.75 ft. crew boat-style vessel will be delivered in the fall 2017 to service the New York and Connecticut waters. The aluminum ferry will service the DHS Directorate of Science and Technology Plum Island Animal Disease Center in Orient Point, NY. The vessel is capable of transporting passengers…
Dynamic Positioning for Inland Vessels
RH Marine recently installed the Rhodium 4500 dynamic positioning (DP) and tracking system on Hakkers’ new flagship, Noordzee, an inland multipurpose vessel that can be used for lifting, dredging or pile driving. Hakkers is a specialist in the development, production and realization of excavation, dredging, construction, foundation, coastal and shoreline works. Its new vessel Noordzee required a system that could automatically hold position and maintain track with high accuracy on low speed.
More Port Data Added to NaviPlanner
Nautisk’s NaviPlanner, a voyage planning solution which utilizes touch-screen functionality and cloud technology based on the Microsoft Azure platform, is set to…
ClassNK Singapore Celebrates 50 Years
ClassNK hosted an anniversary party on July to commemorate 50 years of its Singapore Office, established in 1967 to broaden the classification society’s service network in Southeast Asia. Held at the Mandarin Oriental Hotel, the evening commenced with an opening address by Chairman and President of ClassNK, Koichi Fujiwara. Among guests in attendance, the Ambassador of Japan to Singapore, His Excellency…
Bureau Veritas, Ascenz Partner on Ship Performance Monitoring
Bureau Veritas and Singapore based Ascenz have signed a memorandum to provide ship performance and monitoring solutions to ship owners worldwide. The agreement will enable Bureau Veritas to offer Shipulse, Ascenz’s solution for real time ship performance and monitoring, which captures shipboard fuel consumption, bunkering activity, engine, hull and propeller performance data to provide insights for better decision making, fuel savings and optimized vessel performance.
LR to Oversee Testing of Coldharbour’s BWTS
U.K.-based manufacturer of ballast water treatment systems based on unique inert gas technology Coldharbour Marine said it has signed a contract with Lloyd’s Register (LR) to oversee the complete range of tests required by the U.S. Coast Guard (USCG) in its type approval process. LR has Independent Laboratory Approval from the USCG and will work closely in the type approval tests with Marine Eco Analytics (MEA), a test laboratory in the Netherlands.
Qatar Seeks to Open New LNG Markets with Floating Terminals
Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural…
Two Frenchmen Investigated over 2002 Malaysia Submarines Deal
Two French former defence industry executives have been placed under preliminary investigation as part of a probe into the 2002 sale of submarines to Malaysia, an…
Russian Think Tank: Oil Exports to Decline in 2017
A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise. Vygon Consulting said in a presentation to reporters that oil exports this year are seen declining by 0.7 percent to 252.5 million tonnes (5.1 million barrels per day) from around 255 million tonnes in 2016, a record high.
Baltic Index Gains for Seventh Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for seventh session in a row on Wednesday supported by stronger demand for larger vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 16 points, or 1.72 percent, to 948 points. The capesize index climbed 44 points, or 4.47 percent, to 1,028 points.
China Iron Ore Output at 20-month High
China's iron ore output jumped in June to its highest level since October 2015, data showed on Wednesday, the strongest sign yet that soaring prices have spurred miners in the world's top consumer of the steelmaking raw material to boost production. Output rose 5 percent from a year ago to 124.7 million tonnes, data from the National Bureau of Statistics showed. Prices have been on a tear in recent months as steel mills have churned out record volumes of metal…
Hyundai Heavy Industries Debuts ‘Smart Ship’ Solution
South Korean shipbuilder Hyundai Heavy Industries (HHI) said it has developed proprietary ICT technology capable of realizing economical and reliable navigation and management of ships: Integrated Smart Ship Solution (ISSS). HHI said the solution provides a wide range of ship information to operators, including optimal navigation routes and navigation speed along with a slope status of the front and back hull of a ship that minimize resistances a ship takes on voyage.
Mega Ship MOL Tribute Under BSM Management
Bernhard Schulte Shipmanagement (BSM) has announced that the 20,146 TEU containership, MOL Tribute, came into full management of the Hong Kong Ship Management Center on July 10, 2017. Built by Samsung Heavy Industries in South Korea, MOL Tribute is 400 meters in length having a deadweight of 196,877 MT, with her sister ship, MOL Tradition, scheduled to enter Hong Kong management at the end of August.
IT Package Ordered for Australian Arctic Research Ship
Damen Schelde Naval Shipbuilding (DSNS, Vlissingen) has awarded Radio Holland a contract to supply the IT systems on board the state-of-the-art Antarctic Supply Research Vessel (ASRV) newbuild for the Australian Antarctic Division. The 160m ASRV is a survey vessel which combines icebreaking, survey and supply activities. The vessel will be able to break ice up to 1.65 meters at a speed of 3 knots and…
June US-flag Great Lakes Shipping Unchanged from 2016
U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in June, a virtual repeat of a year ago, according to the Lake Carriers’ Association (LCA). However, this June’s shipments were down 3.6 percent from the month’s long-term average. Iron ore cargos for steelmaking totaled 4.9 million tons, an increase of 3.5 percent compared to a year ago. Coal loadings rose 8.1 percent to 1.6 million tons.
US Iron Ore Boosts St. Lawrence Seaway Shipping
With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled more than 12 million metric tons – up two million metric tons over the same period in 2016. “St. Lawrence Seaway shipping is a bellwether for the health of the overall U.S.