Norway to Aid Iran's Fleet
Iran's tanker shipping company plans to expand cooperation with Norwegian suppliers of parts for oil tankers, Financial Tribune daily reported. National Iranian Tanker Company (NITC) head Sirous Kianersi quoted as saying that NITC has been in touch with Norwegian ship parts and equipment manufacturers in the last 20 years and we hope to keep up this collaboration. According to the report, the NITC plans to modernize its fleet of around 70 tankers…
TOP Ships Acquires MR Tanker
TOP Ships has acquired all of the outstanding shares of PCH77 Shipping Company Limited, a Marshall Islands company that owns a new building contract for M/T Eco California from an entity affiliated with the Company’s Chairman and Chief Executive Officer, Evangelos Pistiolis. Eco California is a high specification 50,000 dwt Medium Range (MR) product/chemical tanker under construction at Hyundai Mipo Dockyard Co., Ltd. in Korea.
Cosco Shipping Bids for Cogent
Cosco Shipping International has issued formal offer documents for its S$1.02 per share bid to privatise Cogent Holdings, reported Business Times. Cosco said that acceptances of the offer must be received no later than 5.30pm on Jan 5. Cosco Shipping had announced on Nov 3 that it is acquiring and privatising Cogent for S$488.07 million. Cosco Shipping had announced on Nov 3 that it is acquiring Cogent for S$488.07 million.
Rotterdam Port to be Zero-Emission by 2050
In 2050, the port of Rotterdam will still be a thriving centre of economic activity and employment. The main difference with today’s port is that this activity and this employment will be generated by industry and shipping sectors that release next to no emissions. Re-using waste will be the most natural thing in the world. The port will be even safer and healthier thanks to digitisation and new technologies. And there will be an even stronger focus on the ‘human dimension’.
German Shipowners Welcome EU Commitment to Global Regulation
The German Shipowners’ Association (VDR) welcomes the commitment of the EU Member States to the global climate protection strategy of the International Maritime Organization (IMO). VDR President Alfred Hartmann: “Our ships operate on the entire world's oceans; therefore, a global solution to reduce CO2 emissions is the only way to go. German shipowners are fully committed to the objective of the Paris climate agreement to limit global warming to below 2°C.
Wärtsilä’s Ambitious Vision of a Digital Future
Digitization sets the new standard for the entire industry, says Wärtsilä on a November 24 press meeting in London. Wärtsilä has announced an ambitious vision to lead the marine industry into a smart technology future by catalyzing innovative developments leading to high connectivity and optimisation for the entire sector. Wärtsilä sees four significant trends that will reshape the industry: big data analytics and data flow will change the way the industry works…
Buzby: Kings Point Back on Track
U.S. Maritime Adminstrator Mark Buzby issues statement on ‘full accreditation’ from third party auditors. The U.S. Maritime Administrator last week issued a statement announcing full accreditation of the United States Merchant Marine Academy at Kings Point from the Middle States Commission on Higher Education. The news brings (at least part of) the drama being experienced by the nation’s only federal maritime academy to an end.
Tripartite Shipbuilding Forum Agrees on Goals
Carbon emissions, safety and cyber security were at the top of the agenda at the annual Tripartite Shipbuilding Forum which attracted more than 100 delegates. At…
Rolls-Royce Opens Ship Intelligence Center
The first of Rolls-Royce’ series of ship intelligence experience spaces has opened to show customers, suppliers and partners how the latest digital solutions can transform the marine industry. Opened in Ålesund, Norway, the Intelligent Asset Management (IAM) experience space sets out to demonstrate how ship intelligence systems can harness the “power of data” to optimize fleet operations, reduce operating costs and improve maintenance procedures, Rolls-Royce said.
FMC's Doyle to Exit Commission in January, 2018
Today, the Office of Commissioner William P. Doyle of the U.S. “Last week, I notified The President of the United States Donald J. Trump of my intention to leave the Federal Maritime Commission effective January 3, 2017. It has been an honor and a privilege to continue serving in the Trump Administration. I thank President Barack Obama for nominating and appointing me twice as a Commissioner. “I am…
Totem Plus to Offer Naval Dome's Cyber Solutions
Totem Plus is to offer its customers Naval Dome’s cyber defence solution as a supplement to its PC-based navigation and automation systems, following the September signing of a Letter of Intent (LOI) with the cyber security specialist. The two Israel-based companies began cooperating last year when the Naval Dome solution was used to protect the Totem Plus ECDIS, IMAC (Integrated Monitoring, Alarm & Control), VDR and BAM (Bridge Alert Management) installations aboard a 5000TEU containership.
Jackson to Direct Global Marketing at KVH
Elizabeth Jackson has joined KVH Industries, Inc. as chief marketing officer and senior vice president for strategy. Jackson has worked at a variety of companies including Proctor & Gamble, Campbell Soup Company, Summer Infant, and HookLogic, a Bain Capital Ventures portfolio company in ad tech performance marketing. Most recently, Jackson was CMO at DOTS Technology Corp, an NEA portfolio company in health tech. Jackson has a B.A. from Princeton University and an MBA from INSEAD in France.
Upgraded OPV Delivered to Malta
Having undergone six months of upgrading activities at Fincantieri’s Genoa drydocking facility, Offshore Patrol Vessel P61 has been delivered to the Armed Forces of Malta. The upgrade, which aimed to improve the vessel’s reaction capability, included the installation of a new main propulsion plant, other machinery and equipment as well as the overhaul of most of the ship’s onboard systems. The project was co-financed by the European Union Internal Security Fund.
Brunswick: Ramping up Quality for the Long Haul
As Brunswick Commercial & Government Products expands its capabilities and product line, the Florida-based boatbuilder is positioned to safely provide increased efficiencies, and an expanded, multi-mission product line. When Brunswick Commercial & Government Products (BCGP) broke ground on a facility expansion at the company’s Florida headquarters in early May, it served notice that this well-known boatbuilder had ramped up both its delivery capabilities, and an expanded array of new hulls.
IMO Orders Fuels of the Future
The new sulfur, carbon dioxide limits ewill demand precise understanding by ship owners and operators. Globally, new regulations are coming into effect governing the Sulfur Oxide (SOx) limits and CO2 emissions. The International Maritime Organization (IMO) has updated the maximum amount of SOx allowed in fuels and the European Commission is introducing new reporting requirements to monitor CO2 emissions.
Wind Energy Workboats: A US Offshore Build-up
Block Island — U.S.-based Deepwater Wind’s five-turbine, 30-megawatt wind park — was the first. It showed what was possible, what might not have been optimal and how long it all takes. Since then, incentives for onshore-wind have been curbed, while a tax credit for offshore wind has been extended. Wind parks are in the works. States have power companies buying offshore wind energy, and experienced…
APM Terminals Signs MoU with Ghana
The construction of the new port and logistics hub in Tema will have huge benefits for the Ghanaian economy and the livelihoods of Ghanaian people when opened in 2019. As part of the port master plan, APM Terminals Inland Services Africa has signed a Memorandum of Understanding (MoU) with The Government of Ghana, and the non-profit road safety organization Amend to ensure port access roads and highways that will handle the inland transportation are safe and able to handle increased traffic flow.
INS Satpura on Overseas Deployment to Brunei
To celebrate 25 years of INDO-ASEAN Partnership, India's INS Satpura arrived at Muara Port Brunei on 25 November 17. The 4-day long visit is aimed to further strengthen the bilateral ties between the two nations and is one among an on-going series of artistic, cultural and people-to-people events to celebrate this important milestone in the INDO-ASEAN relationship. During the visit, INS Satpura will engage with the Royal Brunei Navy (RBN) in formal calls…
Handysize LPG Vessels to be Worst Performers in 2018
Among the different size categories of LPG ships, the small vessel segment is expected to be the best performer in 2018 while Handysize vessels will be the worst, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. The LPG shipping market is currently oversupplied with vessels (with the exception of the small segment 1,000-5,000 cbm), as a result of strong fleet growth during the last three years.
IMO Secretary-General Outlines Challenges
The Secretary-General of the International Maritime Organization (IMO), Kitack Lim, has urged Member States to seize the opportunity to set bold and ambitious goals, when they adopt an initial strategy for reducing greenhouse gas emissions from international shipping in 2018. Speaking at the opening of the Organization’s 30th Assembly session, Secretary-General Lim told delegates the whole world would be watching IMO in 2018, looking for something of real substance.