Rising Seas Will Swallow 14,000 U.S. Historic Sites - study
Almost 14,000 archeological sites and national monuments in the United States could be lost by the year 2100 as seas rise due to climate change, scientists said on Wednesday. The findings offer a glimpse into the vast amount of global cultural heritage that could be destroyed, the study said. One in 10 archeological sites that it analysed on nine southeastern coastal states risk inundation. "The data are sobering: projected sea level rise ...
Partners Launch Zero Emissions Ferry Project
By combining existing technologies in a new way, it is possible to build ferries that represent a quantum leap for the environment. That is the idea behind a new R&D project involving four major players in the maritime sector: Rolls-Royce, Color Line, Norled and the Norwegian Coastal Administration. The project has now received a NOK 5.9 million grant from the Research Council of Norway’s ENERGIX program.
A New Breed of Tug
When markets expand niches are created, goes the logic. For builders of tugs, that market is “floating gas” and the expanding use of liquefied natural gas, or LNG, as a fuel. In support of LNG, there’ll be more oceangoing tug duty — the new floating storage and regasification units, or FSRUs, mean busier LNG carriers, and LNG cargo owners have an interest in tug escorts that share their “carbon footprint”.
OSI to Deliver IBNS for the US Navy LCS Program
OSI Maritime Systems said it has signed a contract with Lockheed Martin to provide its Integrated Bridge and Navigation System (IBNS) for the U.S. Navy Freedom-variant…
MSC Grows Fincantieri Orderbook
Today at the Fincantieri shipyard in Monfalcone, Italy, MSC Cruises officially took delivery of its new flagship MSC Seaside, the second newly-built vessel to come into service for the cruise line in 2017. At the delivery ceremony, MSC Cruises and Fincantieri also signed firm orders for the construction of two Seaside EVO ships, a further evolution of the Seaside Class prototype, for a total investment of €1.8 billion.
Foss Inks Deal to Build Damen Tugs
Foss Maritime and Netherlands-based Damen Shipyards have signed a Memorandum of Understanding to produce and market the Damen ASD 2813 tug. The tug design has been modified to meet the unique demands of the U.S. tug assist and escort market. The first four of a series of at least 10 tugs will be constructed at the Foss Rainier, Ore., Shipyard, with delivery planned for 2019. While Foss will construct the tugs to supplement and enhance their fleet…
Volvo Penta Stakes Position in Wind Farm Support Vessels
Volvo Penta has emerged as a leading supplier of propulsion systems for support boats in the booming offshore wind farm industry in Europe, and is poised to capture a significant position as new wind farms come into service in North America. “Wind farm support vessels operate under some of the world’s most difficult conditions,” said Jens Bering, vice president of marine sales for Volvo Penta of the Americas.
Noble Group Sells Four Vessels to Cut Debt
Hong Kong-based struggling commodity trader Noble Group will sell four dry bulk carrier vessels for about $95 million, as it looks to cut debt to keep its business running, reports Reuters.
Hamburg Begins Slot-Booking System for Container Truckers
Today, 29 November in all four Hamburg container terminals a time slot-booking system for handling container deliveries and collections by truck will be introduced.
d’Amico Sells Medium-Range Tanker
d’Amico International Shipping (DIS) announces that its operating subsidiary d’Amico Tankers signed a memorandum of agreement for the sale of MT High Presence, a 48…
Mitsui O.S.K. Lines, Marubeni, NOVATEK Sign MoU for LNG Transshipment
Mitsui O.S.K. Lines (MOL) and Marubeni Corporation signed a Memorandum of Understanding (MOU) in Moscow with PAO NOVATEK, Russia's largest independent gas production and sales company…
ABB Turbocharging Tops Industry Efficiency Benchmark
ABB Turbocharging has raised the industry benchmark for low-speed turbocharging efficiency to achieve an additional turbocharger efficiency increase of 2 percent…
Mærsk Strengthens Executive Board
In line with the strategic direction announced in September 2016 A.P. Møller - Mærsk A/S has made significant progress in focusing the future business on container shipping, ports and logistics.
International Maritime Prize for 2016 Presented to Koji Sekimizu
The prestigious International Maritime Prize for 2016 has been presented to Mr. Koji Sekimizu, former Secretary General of the International Maritime Organization (IMO)…
Thoresen Sells Bulk Carrier
Thoresen Thai Agencies sells M.V. Thor Horizon, a general cargo vessel with a rated capacity of 47 111 DWT and built in 2002 for just over US$5.38 million. "The…
Teekay Orders Additional Shuttle Tanker Duo
Teekay Offshore Partners L.P. has declared options with Samsung Heavy Industries Co., Ltd. for the construction of two Suezmax DP2 shuttle tanker newbuilds for…
USS John S. McCain Heads to Yokosuka for Repair
U.S. warship USS John S. McCain, which was involved in a collision with the merchant vessel east of the Straits of Malacca and Singapore in August, has departed Subic Bay, Philippines aboard heavy lift transport vessel MV Treasure en route to Fleet Activities Yokosuka for reapir. The Arleigh Burke-class guided missile destroyer USS John S. McCain (DDG 56) was diverted to Subic Bay October 22, due to…
ExxonMobil's Canada Offshore Project Produces First Oil
The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its peak Hebron will produce up to 150,000 barrels per day (bpd), Exxon said. It will help Atlantic Canada offshore production climb 44 percent to 307,000 bpd by 2024, according to estimates from the Canadian Association of Petroleum Producers.
GoM Stakeholders Energized Despite Lingering Oil Bust
Gulf of Mexico vessel builders – and their customers – adapt to a lean offshore market. After oil prices plunged in late 2014 – pressured by shale output – demand for offshore vessels in the Gulf of Mexico shrank, day rates for boats fell and non-working units were idled. This year, several GoM boat builders filed for Chapter 11, or voluntary bankruptcy, while others consolidated. The most diversified companies kept their heads above water. Today, the outlook's a bit brighter.
Voices: Paulo Cesar P. Freitas, Norsul
To better understand the challenges faced by ship operators in Brazil, Maritime Reporter’s correspondent in Brazil spoke to Paulo Cesar P. Freitas, Fleet Manager for Norsul Shipping company…