Offshore Center Rotterdam in Progressing
The first 30 hectares of Offshore Center Rotterdam have been completed. PUMA, a project organisation created by a partnership between Dutch hydraulic engineering firms Koninklijke Boskalis Westminster NV and Van Oord NV that focuses specifically on the expansion of the Maasvlakte site, processed 6 million m3 of sand in four months to complete the work. Only 2 million m3 of sand are now needed to raise the other 40 hectares to the required level. There is considerable interest in the centre.
Jurong Port, NTU Pursue Alternative Energy Research
Jurong Port and Nanyang Technological University, Singapore inked an MoU at the Singapore Maritime Institute (SMI) Forum 2017 today to jointly pursue R&D in areas such as Smart Multi-Energy Systems, Alternative Energy Source Applications and Environmental Monitoring Solutions. The MoU signing was witnessed by Dr Lam Pin Min, Senior Minister of State for Transport and Health. The MoU, covering a period of five years…
Eagle Bulk Shipping May Issue Privately Placed Bonds
Eagle Bulk Shipping Inc. announced that it has mandated certain investment banks to arrange a series of fixed income investor meetings commencing on Monday, November 6th, 2017 to explore a potential private placement of bonds by its subsidiary Eagle Bulk Shipco LLC in the Norwegian bond market. If the Company decides to move forward with a transaction, the bonds would be offered only to qualified institutional buyers in reliance on an exemption from registration under the U.S.
LNG Bunkering to Grow at CAGR of 62.5% to reach USD 24.684 bln in 2023
The global LNG bunkering market is expected to witness a CAGR of 62.5%, and is projected to reach USD 24684.7 million by 2023, said a report by Energias Market Research. The key factors driving the growth of LNG bunkering market are increase in LNG demand in order to reduce the carbon footprint in the shipping industry stringent international emission policy, the best cost-effective alternative fuel and significant rise in government initiatives supporting LNG adoption.
MSC Signs Buckingham Palace Declaration Against Wildlife Trafficking
Mediterranean Shipping Company S.A. (MSC), a leading global transportation company, confirmed a pledge to combat illegal wildlife trafficking by signing the Buckingham Palace Declaration at a ceremony in London with HRH Prince William, the Duke of Cambridge. “As a responsible, sustainable company, MSC is proud to be a signatory to the Buckingham Palace Declaration. We play an active role in the crackdown…
Teaching Energy-Efficient Ship Operation in Argentina
Maritime training institutions in Argentina are the latest to benefit from International Maritime Organization (IMO) work to help introduce the topic of energy-efficient ship operation into teaching curriculums. A workshop, taking place in Buenos Aires (2-3 November) under the Organization’s GloMEEP project is supporting maritime training institutes to deliver the IMO Model Course 4.05 to seafarers.
Financial Support for Coastal Berths in India
The Ministry of Shipping in India has taken up projects worth Rs 2,302 crore (USD 356million) for financial assistance under the Coastal Berth Scheme of the flagship Sagarmala Programme. The Ministry, after due appraisal in consultation with NITI Aayog and Department of Expenditure, has extended the period of the scheme for three years, upto 31st March, 2020 and expanded its scope to cover capital dredging at Major Ports and preparation of DPR for coastal berth project, in Oct 2017.
US Navy to Christen Delbert D Black Today
The Navy will christen the newest guided-missile destroyer, the future USS Delbert D. Black (DDG 119), Saturday, Nov. 4, during a 10 a.m. CST ceremony at Huntington Ingalls Industries Shipbuilding in Pascagoula, Mississippi. The future USS Delbert D. Black is the first ship to bear the name of a master chief petty officer of the Navy (MCPON) and is named for the first person to hold that office. Black began his 30-year Navy career in the spring of 1941.
Reedy Joins DHT Holdings Board of Directors
DHT Holdings, Inc. said it has appointed Susan Reedy to its board of directors as a Class I Director with a term expiring at the company's 2020 annual shareholders meeting.
MV Ella Salvage Operations to Begin off England
Salvage operations are expected to commence shortly in order to remove the wreck of the MV Ella which sank in July off Lowestoft, England. MV Ella formerly served…
EPF 9 Completes Acceptance Trials
Austal said it has successfully completed acceptance trials on USNS City of Bismarck, Expeditionary Fast Transport (EPF 9), October 20, in the Gulf of Mexico. The vessel…
Teekay’s New Shuttle Tanker Delivered
Teekay Offshore said it has taken delivery of Beothuk Spirit, the first of three new shuttle tankers to serve East Coast Canada, built in Korea by Samsung Heavy Industries. Heritage Class sister vessels Norse Spirit and Dorset Spirit are scheduled for delivery in the first half of November 2017 and early-2018 respectively. The three Suezmax, DP2 shuttle tankers will provide crude transportation services to the Hibernia, Terra Nova, White Rose and Hebron offshore oil fields located in St.
Gondan Launches First of Four New Ferries for Baleària
The first of four new catamaran ferries being constructed by Gondan for owner Baleària has been launched by the shipyard's GRP Division. The four ferries, which are due to be delivered between the end of this year and the middle of 2018, are designed to operate on short distance trips in the Balearic Islands. According to the builder, the 28-meter-long GRP ecofast ferries have capacity for 350 passengers and are designed focusing on eco-efficiency, comfort and speed during navigation.
W. Africa Crude: Spot Trade Slows with Flurry of Tenders
Spot trade in west African crude slowed on Friday after a few Indian and Indonesian tenders were issued, though demand was seen recovering after a month in the doldrums with traders looking to do deals ahead of the year end. Demand was muted for November loading due to competing, cheaper alternative U.S. crude exports that have been going increasingly to Asia. Angola's state firm Sonangol was offering a cargo of Olombendo loading Dec. 17 and a cargo of Dalia for Dec. 19-20.
Smith Maritime Hauls Equipment to Puerto Rico
Smith Maritime recently hauled a barge load of equipment on behalf of CAT5 Resources to help rebuild cellular communication infrastructure in Puerto Rico following Hurricane Maria. Smith Maritime’s barge Marilyn Monroe was loaded at its terminal in Amelia, La. with vehicles, housing, bulk fuel, food and most importantly, self-powered cellular communication towers to reestablish communication on the island.
M/V Harvey Blue-Sea Delivered
Harvey Gulf International Marine has taken delivery of M/V Harvey Blue-Sea, a new large capacity, Jones Act qualified multipurpose support vessel (MPSV) from Eastern Shipbuilding Group. With the delivery of the 340-foot Harvey Blue-Sea, which follows sister vessel M/V Harvey Sub-Sea delivered in July 2017, Harvey Gulf said it now owns and operates the two largest U.S. flag construction vessels in the U.S. Gulf of Mexico.
Rolls-Royce Debuts Cloud-based Energy Management Module
Rolls-Royce has unveiled a ‘cloud-based’ fuel consumption and carbon dioxide monitoring module designed to help ship owners meet the European Union’s Monitoring, Reporting and Verification (MRV) regulation. Starting January 1, 2018, collection and reporting of voyage data will become a mandatory, as owners of vessels over 5,000 gross metric tons that call at European Union ports will be required to monitor, report and verify their fuel consumption and CO2 emissions.
Vard to Build Vessel for Midt-Norsk Havbruk
Vard Holdings Limited said it has secured a contract to build a new aquaculture service vessel for Midt-Norsk Havbruk in Norway. The vessel is scheduled for Q2 2018 delivery from Vard Aukra in Norway, who has previously delivered a live fish treatment barge to the same customer. The new vessel has been developed by Midt-Norsk Havbruk in close cooperation with Marin Design and is specially designed for fish farming operations.
Wallem, USCG Work to Enhance Safety at Sea
Two U.S. Coast Guard marine inspectors were welcomed on board the Wallem-managed vessel MT Tofteviken as part of the U.S. Coast Guard Ship Rider Program aimed at ensuring and enhancing safety and security at sea by enabling USCG marine inspectors to experience operations on tanker work firsthand. Wallem said it is one of the few ship management companies to have offered this learning experience for the USCG marine inspectors.
Caterpillar Launches Multi-Engine Optimizer Tool
Caterpillar Marine has unveiled its new Multi-Engine Optimizer (MEO) tool, which leverages proprietary performance data and patented control algorithms to provide intelligence for power management systems. MEO works by advising power management systems on which engines to operate and enables the use of dynamic asymmetric loads to drive the combination of engines and loads to create the lowest possible fuel consumption.