CMIT Welcomes Vietnam PM
Vietnam’s Prime Minister Nguyen Xuan Phuc visited Cai Mep International Terminal (CMIT) on July 21st, becoming the first container terminal in the Cai Mep area, part of Saigon Port, to receive the Vietnamese Head of State. CMIT is a joint venture between APM Terminals, which holds a 49% share, Vietnam National Shipping Lines, with a 36% share, and Saigon Port, with a 15% share. Prime Minister Phuc was welcomed by CMIT acting Managing director Nguyen Xuan Ky…
Scorpio Closes Merger with Navig8
Scorpio Tankers Inc. announced that it has closed the previously announced merger with Navig8 Product Tankers Inc. (NPTI). As consideration, Scorpio has issued 55 million shares of its common stock to the holders of NPTI’s common shares or 19.7% of the current 279,663,300 Scorpio common shares issued and outstanding. Through the Merger and related transactions, Scorpio has acquired an operating fleet of 27 eco-design product tankers…
New Container Scanner System for Colombo Port
A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60, state of the art scanning units with complete turnkey solution would be installed by the Rapiscan Systems (Pvt) Ltd, an American based leading global supplier of security inspection.
Survey Vessels Hit the Charts
Training to ‘fight and win at sea’ occurs across the Navy every day of the year, but how does that concept map to the hydrographic fleet and their motto ‘diligence and skill’? – step into the world of the Navy’s survey motor launches. HMAS Mermaid, one of four Paluma class vessels, recently completed an intensive five and a half week training program in North Queensland waters in company with her sister ship HMAS Paluma.
Nordic American Appoints New CFO
Nordic American Tankers (NAT) and Nordic American Offshore (NAO) has appointed Bjørn Giaever (50) as Chief Financial Officer (CFO). He is expected to join us later this year and as early as possible. Giaever joins NAT/NAO from the well reputed firm of Fearnley Securities AS with main office in Oslo, Norway. This is an investment bank with special focus on the maritime sectors, where he served as a director and partner in the Corporate Finance division.
Tarbit Shipping, Martech Systems Pact to Implement SERTICA
Swedish tanker company Tarbit Shipping has signed a deal with Martech Systems to manage data structuring and implementation of the SERTICA software package from Logimatic on two ships under construction at a shipyard in Turkey. Earlier this year, Logimatic secured Martech Systems as an implementation partner for SERTICA. Martech Systems offers services such as data structuring, data implementation, data collecting and data entry, and crew training for SERTICA.
Brunswick Donates to Harvey Relief Efforts
Brunswick Commercial & Government Products (BCGP) said it has donated three boats to the Hurricane Harvey disaster relief efforts in Texas. The 4.7-meter inflatable boats will be operated by first responders and local law enforcement in Texas to assist in search and rescue missions where flooding has forced thousands from their homes. "Our hearts and full support go out to the communities impacted by Hurricane Harvey," said Boston Whaler President, Nick Stickler.
BOLLFILTER Wins Arbitration over OceanSaver
After four years an arbitral tribunal has fully dismissed OceanSaver AS’ claim for compensation against BOLLFILTER Nordic ApS, Denmark. In 2013, OceanSaver AS initiated…
LGL Brings US-flag RO/RO into Service
Liberty Global Logistics LLC (LGL) said its newest U.S.-flag Roll-On/Roll-Off (RO/RO) vessel, the M/V Liberty Peace, has commenced service. The flag of the vessel…
US Receives Request to Waive Jones Act Due to Harvey
U.S. Customs and Border Patrol said Friday it has received and is reviewing one request to waive the Jones Act due to the impact of Hurricane Harvey, which has shut…
Brazil's 20% Ethanol Import Tax Rule Takes Effect
New rules governing Brazil's ethanol imports, which slap a 20 percent penalty for volumes above a tax-free import quota, took effect on Friday, authorities said.
US Seeks Faster Approval of Small-scale Natural Gas Export
The United States is proposing to speed up approval of small-scale exports of natural gas, including liquefied natural gas (LNG), the U.S. Department of Energy said in a statement released on Friday. The department said the proposed rule would "expedite the review and approval of applications to export small amounts of natural gas in the emerging small-scale LNG export market," which it said includes the Caribbean, Central America and South America.
Largest Ship to Visit US East Coast Calls Savannah
The largest containership ever to serve the U.S. East Coast, the 14,414 TEU CMA CGM Theodore Roosevelt, called the Port of Savannah on Friday. Working the vessel with seven cranes at the 1,200-acre Garden City Terminal, the Port of Savannah is expected to move 4,500 containers (approximately 8,000 TEUs) on and off the ship. The GPA will work six other vessels simultaneous to the Roosevelt. “Not only do these massive ships play to Savannah's strengths…
Austal Opens Adelaide Office
Austal Australia has opened its Adelaide office, which will support the design and production for the $3 billion Offshore Patrol Vessel (OPV) program. Officially welcoming Austal’s expansion into Adelaide were Martin Hamilton-Smith, Minister for Defense Industry (SA), Senator David Fawcett, and several locally based Small to Medium Enterprises (SMEs) that are already a part of Austal’s 1000 plus Australian supply chain.
US Drillers Add No Oil Rigs as Harvey Slows Production
U.S. energy firms did not add any oil rigs this week as Hurricane Harvey barrelled into the nation's energy heartland, forcing drillers to halt production and refiners to shut plants. The total oil rig count for the week ended Friday stayed at 759, General Electric Co's Baker Hughes energy services firm said in its report on Friday. That compares with 407 active oil rigs during the same week a year ago. Drillers have added rigs in 56 of the past 67 weeks since the start of June 2016.
Navigating Marine Connectivity
The NMEA (National Marine Electronics Association) 2000 standards helped create a framework for safer, more reliable marine communications by streamlining the connectivity of boat engines, navigation, control, power distribution, water, waste and other mechanical and monitoring systems. Onboard connectivity translates into improved operator safety, better diagnostics, simplified maintenance and lower lifetime costs.
Fishing Vessel Owner Convicted for Pollution
A fishing vessel company that operated in and around American Samoa was convicted and sentenced for maintaining false and incomplete records relating to the discharge of oil and garbage…
MV WERFTEN Fertigmodule Starts Production
MV WERFTEN Fertigmodule GmbH will supply fully prefabricated state-of-the-art passenger and crew cabins for the ships of the Global and Endeavor Class, with the first ones due as early as spring 2018. With the building of the first reference cabin, MV WERFTEN Fertigmodule GmbH officially started production September 1. Genting Hong Kong Group President Colin Au, Mecklenburg-Vorpommern’s Economics Minister Harry Glawe and numerous representatives of MV WERFTEN attended the landmark occasion.
Case Study: Fishing Vessel Corrosion Protection
Substance type: Flanges, couplings, panels, etc. Oxifree TM198 is 100 percent environmentally friendly corrosion inhibitor supplied by Corrosion Solutions Norway AS. After a simple pretreatment, TM198 can be applied on structures using an applicator gun. The application is fast and efficient and can even be applied to live equipment eliminating the need for a shutdown. M/S Endre Dyrøy is the first…
Columbia, Marlow Receive Regulatory Approval for Merger
Columbia Shipmanagement and Marlow Navigation announced confirmation of regulatory approval allowing their previously reported intended merger to proceed. The merger…