Russia Sends LNG Through Northern Sea Route
Russia was now pitching itself as an important transporter of European gas to Asia, reports Sputnik quoting Danila Bochkarev, a senior fellow at the EastWest Institute in Brussels. The Russian supertanker Christophe de Margerie is en route to South Korea, sailing the Northern Sea Route with a load of liquefied natural gas (LNG) from Norway. The shipment is a major step for Russia’s Sovcomflot to enter the global gas transportation market said the report.
SITC Shipowning Orders Four Newbuilds
SITC Shipowning, a wholly-owned subsidiary of SITC International Holdings Co, has exercised the options for the construction of two container vessels, said a company release. SITC Shipowning also entered into the New Shipbuilding Contracts with the Builder for the construction of two additional container vessels. The four vessels to be constructed under the Option Contracts and the New Shipbuilding Contracts are 1,011 TEU class gearless container vessels.
DSME Bounces Back with USD 1 Bln Profit in Q2
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) said that its net profit reached 1.26 trillion won (USD1.1 billion) in the April-June period. According to a report in Yonhap, it posted a profit for the second straight quarter in the second quarter, largely thanks to cost-cutting measures and increased delivery of offshore facilities. The sales for the first half of the year amounted to KRW 6.1 trillion (USD 5.4 billion).
Swissco Liquidates Scott And English Energy
Bankrupt Swissco Holdings has announced the provisional liquidation of its wholly-owned Scott and English Energy (S&E). A statement from the company said that Aaron Loh Cheng Lee and Lee Meng Yen Angela, both care of Ernst & Young solutions, were appointed as joint and several provisional liquidators of S&E effect from 11 August. An Extraordinary General Meeting of S&E and a meeting of the creditors…
Ghana Ports, IBISTEK JV for Multipurpose Terminal
The Ghana Ports and Harbours Authority (GPHA) has offered a concession to IBISTEK Limited, a Ghanaian firm towards the development and operations of a container and multi-purpose terminal at the Port of Takoradi. This is part of the Port Authority’s Master Plan and development efforts to equip the Port of Takoradi for future demands. The concession related project works and installations will be executed at a cost of $370million.
Gulftainer Receives Maiden Call of CMA CGM Virginia
Gulftainer, the largest privately owned independent port operator, has marked the maiden call of the CMA CGM Virginia vessel with a capacity of 5,095 twenty-foot equivalent units (TEU) at its flagship Khorfakkan Container Terminal (KCT). The vessel call was completed in a record 5.6 hours, approximately 8.4 hours ahead of schedule. CMA CGM, a leading worldwide shipping group, currently operates a diversified fleet of 445 vessels with a combined capacity of over two million TEU.
HMAS Newcastle Joins Cousin for Replenishment
HMAS Newcastle has marked her second Operation MANITOU patrol with a dual replenishment at sea in the Gulf of Aden with USNS Kanawha and Pakistan Navy Ship Alamgir. The resupply presented Newcastle with the opportunity to operate with another Oliver Hazard Perry class (called Adelaide class in Australia) ship, in Alamgir. Newcastle’s embarked MH-60R Seahawk Romeo helicopter launched to record the evolution from the air and for Seaman Boatswain Ben Robertson…
HHLA Records Strong Earnings
German Shipper Hamburger Hafen und Logistik AG (HHLA) recorded significant year-on-year growth in its key performance indicators in the first half of 2017. Group revenue rose by almost 9 percent to EUR 622.8 million (USD 736.24 million). While the Group’s operating result (EBIT) climbed by approximately 48 percent to € 98.8 million, the Port Logistics subgroup’s EBIT grew by just over 54 percent to € 90.6 million.
VLGC Asset Values to Fall in Sync with Freight Outlook: Drewry
Given the weak freight rate outlook for LPG shipping over the next twelve months, Drewry believes there is more downside risk to the second-hand values of very large gas carriers (VLGCs), according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. Shipping analysts have been bearish on the VLGCs market since the beginning of the year and rates so far have been in line with expectations.
Venezuela Ships More Oil to US in July vs June
Venezuela's PDVSA and its joint ventures last month shipped 638,325 barrels per day (bpd) of crude to the United States, a 30 percent increase over June due to larger sales of upgraded oil…
Ailing Tanker Crewman Medavaced off Florida
A tanker crew member reportedly suffering from heart attack like systems was medevaced 13 miles west of Egmont Key, Fla. on Monday, August 14. A U.S. Coast Guard MH-60 Jayhawk helicopter air crew from Air Station Clearwater medevaced the 55-year-old man from the 550-foot liquefied petroleum gas (LPG) carrier Gaschem Stade, and brought him to Tampa General Hospital.
Marlink's Maritime President Discusses the Future of Communication
In maritime satellite communications, an industry sector defined by change, Tore Morten Olsen, President Marlink Maritime is a rock: a model of continuity and a wealth of knowledge. He has 22 years of experience in the satellite communications sector, starting out as a technical product manager in 1994 and moving on to hold several senior management positions with Telenor, Marlink and Astrium Services / Airbus Defense and Space and now Marlink again.
Fatigue is a well known factor as a cause numerous maritime and non-maritime accidents worldwide. In fact driving while fatigued is considered just as bad as driving while under the influence. The requirements under the new Manilla amendments call for vessels and seafarers to log their work or rest hours to meet the standards set out under STCW 2010 or the MLC 2006. Anyone who has ever gone to sea however can tell you that these measures…
Bilge Keel Damping from In-field Motion Measurements
Chevron and MARIN worked together on a novel approach to characterize the actual damping for an FSPO in real world conditions. Results show that using damping from model tests means that roll decay in calm water is conservative and that natural roll periods are less sensitive to the FPSO draft than often considered in the design phase. Due to the resonance behavior of roll motions, roll damping is…
Crowley’s Busch Joins Sea Machines’ Board
Todd Busch, Sr. Vice President & General Manager, Technical Services, at Crowley Maritime, has joined Sea Machines Robotics’ board of directors. The Boston-based Sea Machines is building autonomous control technology for commercial vessels. Busch, who joined Crowley in 1987 as an ordinary seaman, is currently responsible for naval architecture and marine engineering, government services, ship management…
Mainstay Marine Expands Lifting Capacity
Welsh workboat builders and servicing specialists Mainstay Marine Solutions said it has secured funding to support the purchase of a 150/200 ton boat lift. Mainstay Marine Solutions, marine engineers located in the deep-water port at Pembroke Dock on the Milford Haven Waterway, are set to purchase an amphibian boat hoist with the assistance of Coastal Communities Fund (CFF) funding. The 150/200 ton…
SeaCURE BWTS Completes USCG Type Approval Tests
SeaCURE Ballast Water Management System (BWMS), the electrochlorination based solution from Evoqua Water Technologies, has completed all biological efficacy U.S. Coast Guard Type-Approval tests. Tests were carried out under the supervision of classification society Lloyd’s Register and the independent laboratory NSF International will now compile test data for submission to the USCG for imminent approval.
Canadian Coast Guard Expands Mapping Capability
Kongsberg Maritime said the Canadian Coast Guard has chosen its high resolution EM 712 multibeam echo sounders for the medium icebreakers CCGS Pierre Radisson and the CCGS Des Groseilliers. Gathering critical hydrographic data can be a challenge in the Canadian Arctic. The innovative, retractable design of the new EM 712 echo sounder systems optimizes performance of the sounder when deployed and protects it when the vessel is breaking ice.
EU Project Aims to Improve Arctic Shipping Safety
A three-year, €6.5 million ($7.7 million) research project has been launched to address safety and efficiency in Arctic ship operations. Funded by the EU’s Horizon 2020 program, SEDNA sets out to develop a risk-based approach to Arctic navigation, ship design and maritime operations. Recent years have seen a rapid increase in shipping operations in Arctic regions, as ice cover has reduced due to global warming.
Two Patrol Vessels Launched for Indian Navy
Two Naval Offshore Patrol Vessels (NOPVs) for the Indian Navy were launched in Reliance Defense shipyard at Pipavav on July 25, 2017. The vessels, named INS Shachi and INS Shruti, are the first two vessels in a five-vessel series which are being built in accordance to built under the Indian Register of Shipping’s (IRClass) ‘Rules and Regulations for Construction and Classification of Naval Ships’. These rules, were jointly developed by the Indian Navy and IRClass.