Robert Allan Receives Meritorious Achievement Award
Rob Allan was presented with the Meritorious Achievement Award as one of the President’s Awards conferred by Engineers & Geoscientists British Columbia (EGBC) on October 20, 2017 at their Annual Award Gala held in Whistler, BC. This award is given annually to a member of the Association who has achieved distinction and outstanding goals associated with his/her profession. Allan has over 45 years of experience in the design of commercial workboats of all types…
Brazil Delays Estimate for First Oil Cargo from Libra
Brazil on Wednesday pushed back its forecast for a first oil shipment from its promising offshore Libra prospect to the first quarter of next year, months after…
Arneson Surface Drives Enhanced with Master Trim
Twin Disc, manufacturer of technologically advanced marine transmissions, has announced an expansion to its line of Arneson Surface Drives. Select models of the innovative propulsion solution now interface with MasterTrim, an automated trim control system. The device is debuting at the Fort Lauderdale International Boat Show, Nov. 1–5. By use of exacting sensors, the programmable MasterTrim control…
MES Delivers 60,000 DWT Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) said it has completed and delivered a 60,000 dwt bulk carrier M.V. Venezia (MES Hull No. 1959) at its Tamano Works on October 25…
Aerial Drones Take Flight in Maritime
Flights of Fancy? No longer a pipe dream, aerial drones find a home in maritime. Price Waterhouse Cooper estimates the global commercial drone market at $127 billion. Shipyards, offshore wind-farm developers, cruise lines, blue water cargo agencies, maritime marketing departments, first responders, admiralty lawyers, shore-to-ship package couriers, insurers, classification societies, salvors, container…
Marine Finance for Brown Water Operators
A primer for navigating the ‘ups and downs’ of marine money for domestic stakeholders. Vessel financiers are resourceful and adaptable to changing markets. On the domestic side, financiers of Jones Act and “brown water” assets have continued to serve their customers through shifting shoals in both broader capital markets and in the marine markets – both known for their ups and downs. Marine finance can take many forms.
Simwave Hires Hoorn
As of September 2017 Aat Hoorn has joined Simwave as manager engine room and high voltage simulators. These state of the art simulators comprise various engine room models presented on workstations, big views as well as a full mission engine room environment. Besides a Certificate of Competence Chief Engineer All Ships, Hoorn carries a professional Master’s degree in Education. Prior to joining Simwave Hoorn worked at various (managing) positions at a.o. Nedlloyd and AVR waste management center.
Newbuild Rescue Vessel Bound for Breagh Field Deployment
A new multi-role emergency response and rescue vessel (ERRV) built by Aberdeen-based Sentinel Martine as part of a £110 million ($145 million) investment has been deployed to operations in the southern North Sea. Forties Sentinel was officially named at a ceremony in Great Yarmouth. Forties Sentinel has been contracted to INEOS Breagh to provide support for the firm’s production facilities in the Breagh gas field.
IMO Contests ‘Corporate Capture’ Report
International Maritime Organization (IMO) Secretary-General Kitack Lim issued a statement refuting a report recently published by U.K.-based InfluenceMap that accuses shipping industry organizations of lobbying to obstruct environmental regulations at the IMO. “Recent media reports have questioned the transparent, inclusive approach adopted by all stakeholders with an interest in addressing the threat of climate change through the IMO…
Havila Shipping Sells AHTS Duo
Norway-based Havila Shipping ASA has entered into agreements for sale of the AHTS vessels Posh Vibrant and Posh Virtue. The vessels are expected delivered to new owner during first part of November. Following the sale it is expected that the lenders and Havila Holding AS will exercise warrants through debt conversions into new shares corresponding to agreements decided by the General Meeting on 4th January 2017.
Hess Corp Sells Offshore Equatorial Guinea Assets
Hess Corporation has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “This sale is a further step in our strategy to focus our portfolio by investing in higher return assets and divesting more mature, higher cost assets,” CEO John Hess said. “Proceeds from asset sales…
Navibulgar Orders Up to Six Bulkers
Bulgarian ship owner Navigation Maritime Bulgare (Navibulgar) confirmed the building of another two high-efficiency up-to-date 45000t bulk carriers. This deal is a continuation of the contract for four + two newbuildings of DWT 45 000 t, signed in July this year with one of China’s three largest shipyards. According to local press reports the Chinese yard is Jiangsu Yangzijiang Shipbuilding. The order…
Theodore Roosevelt Carrier Strike Group Enters 7th Fleet
The Nimitz-class aircraft carrier USS Theodore Roosevelt (CVN 71) and the Theodore Roosevelt Carrier Strike Group (TRCSG) entered the U.S. 7th Fleet area of operations (AOO) Oct. 23, to conduct maritime security operations, theater security cooperation and port visits as part of the U.S. Navy's ongoing presence in the Indo-Asia-Pacific region. Theodore Roosevelt, the flagship of Carrier Strike Group (CSG) 9…
DP World Reports 13.5% Container Volume Hike in Q3
DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017, with gross container volumes growing by 10.0% year-on-year on a reported basis and 9.6% on a like-for-like basis. The third quarter growth rates accelerating to 13.5% year-on-year on a reported basis and 13.3% on a like-for-like basis, ahead of…
Abandon Requirement of Shipping in EU's Emissions Trading System
The European Parliament and the EU Member States still have not reached an agreement regarding the EU's Emissions Trading System, EU ETS. European shipping is therefore still at risk of being subject to unilateral EU regulation rather than supporting the global process. It should stop now, says Member of Parliament Bendt Bendtsen (The Danish Conservative Party), who calls on the European Parliament…
Indian Naval Ship Sukanya at Indonesia
In pursuance with India’s ‘Act East Policy’, Indian Naval Ship Sukanya under the command of Commander SA Deodhar, NM arrived at Belawan Indonesia on 24 October 2017 to participate in the 30th edition of CORPAT (Coordinated Patrol) and 3rd Bilateral exercise between the Indian Navy and the Indonesian Navy. The exercise is aimed to foster closer maritime ties with countries located on the rim of the Indian Ocean.
New Ferry Marks a Milestone for Incat Crowther
The latest passenger ferry constructed by Gladding-Hearn Shipbuilding for Massachusetts Bay Transit Authority signals a milestone delivery for marine design firm Incat Crowther. The 27-meter catamaran Champion marks the 500th vessel designed by Incat Crowther. “To have successfully designed 500 large commercial vessels is no accident,” said Incat Crowther CEO, Brett Crowther. Crowther added, “It’s apt that our 500th vessel is a Gladding-Hearn build.
Earliest Known Marine Navigation Tool Found
State-of-the-art laser scanning technology has helped researchers to confirm that an artifact recovered from the wreck of a sunken 15th century ship in the Indian Ocean is the earliest known marine navigation tool. When the Blue Water Recovery team found the object in 2014, they believed it was an astrolabe used by mariners to measure the altitude of the sun during voyages, but they were not certain as there were no visible navigational markings.
Bulk Carrier Crew Rescues Three off Costa Rica
The crew of bulk carrier Navios Sagittarius came to the rescue of three people in the water approximately 33 miles off the coast of Costa Rica on Tuesday, October 17, 2017.
Empire State VI Returns from Puerto Rico
SUNY Maritime College’s training ship has returned to campus Tuesday after nearly two months aiding hurricane relief workers in Florida and Puerto Rico. The ship Empire State VI was used to provide power, housing, food and water to emergency relief workers, first in Florida following Hurricane Irma, then in Puerto Rico after Hurricane Maria. Empire State VI is owned by the Maritime Administration, a branch of the U.S.