South Korean Yards Close Year with No.1 Spot
South Korean shipbuilders are expected to maintain their status as the world’s top position in new orders this year, although they may fail to meet their annual order targets.South Korean shipbuilders have secured new orders totaling 7.12 million compensated gross tons to build a total of 168 ships through November, accounting for 36 percent of the total deals placed around the globe, said a report in Yonhap.According to the report…
Castleton Closes Shell Shale Deal
Houston-based Castleton Resources said that its subsidiary Castleton Commodities International LLC (CCI) has closed on the acquisition of the East Texas and North Louisiana Haynesville Shale assets of BG US Production Company LLC, a subsidiary of Royal Dutch Shell plc. Pro forma for the acquisition, Castleton Resources will hold approximately 222,400 net acres in the region and produce approximately 334 MMcfe/d (net).
GLDD Details $83M in Awarded Work
North America's dredging company Great Lakes Dredge & Dock Corporation (GLDD) announced the receipt of several major dredging awards totaling $ 83 million.David Simonelli, President of Dredging said: “Great Lakes is pleased to announce these important deepening, coastal protection and maintenance dredging awards. These projects will enhance our year-end backlog and position us well for 2020. Working on these projects allows Great Lakes to help strengthen the U.S.
NLE, Liebherr-Russland Pact on Port Equipment
NCSP Group, Europe's third largest port operator in terms of cargo turnover, its subsidiary Novorosleseksport (NLE AO) will receive port equipment from Liebherr-Russland OOO.Dmitry Korchnev, General Director at NLE AO, and German Ignatov, Director of the Port Equipment Department at Liebherr-Russland OOO, signed a contract on purchase of two ship-to-shore cranes (STS) with a capacity of 65 tons for loading and offloading of 20…
Rosmorport Marks 400th Anniversary of Russia's Pilot Service Foundation
Rosmorport says a solemn ceremony devoted to opening a monument in honor of the 400th anniversary of the foundation of the Russian pilot service was held in Arkhangelsk on December 18, 2019.A memorial sign erected at the intersection of the Severnaya Dvina Embankment and Voskresenskaya Street was installed on the initiative and at the expense of FSUE Rosmorport.The enterprise’s delegation has been provided the right to open the solemn event.
ESPO Welcomes Europe’s Green Deal Ambition
The European Sea Ports Organisation (ESPO) welcomes Europe’s ambition as enshrined in the European Green Deal, to become the world’s first climate neutral continent by 2050.European ports are at the crossroads of supply chains. As clusters of transport, energy, industry and blue economy, they add great value and are at the service of the European economy and society. They are a strategic partner in making this ambitious European project happen.In the coming weeks…
Phoenix Promotes Long
U.S.-based marine services contractor Phoenix International Holdings, Inc. announced that Matthew Long has been promoted to Corporate Vice President. Long will retain his current duties as General Manager of Phoenix’s Largo, Md. operations, and in his additional role as Corporate VP will assume responsibilities for company-wide financial forecasting, reporting and budgeting.A retired U.S. Navy Engineering Duty Officer and diver…
USCG: WAMS Study for Les Cheneaux Islands
The Coast Guard Sector Sault Sainte Marie is seeking input for a Waterways Analysis and Management System (WAMS) study of the Les Cheneaux Islands.The WAMS study will review the short range Aids to Navigation system that covers the waters surrounding the Les Cheneaux Islands, including: Cedarville East Channel, Les Cheneaux Islands Middle Entrance, Les Cheneaux Islands West Entrance, Mackinac Bay Passage…
IMO2020: 4 Tips to Using Methanol as Fuel
Lessons learned on designing, building & operating with methanol as fuel.Generally averse to technological risk, maritime professionals lean on lessons learned, when available, to make future decisions. According to Fredrik Stübner, Director Ship Management, Marinvest, his organization’s experience running ships on methanol can be instructive for others considering emission reductions technologies, and to this end he suggests:1.
Ordtek Announces New Operations Director
Ordtek has announced the appointment of Gary Thirkettle as their new Operations Director.With a career spanning over 25 years in the offshore site investigation industry, he brings a proven depth in both operational and commercial experience to Ordtek.Ordtek has recently opened an office in Boston, USA to support a number of offshore wind farm developments in the region. After the success and lessons learnt in Virginia…
IMO2020: Methanol Proves Promising
When the clock strikes midnight on December 31, 2019, the maritime world enters a bold new era of emission reduction. With its growing fleet of methanol fueled ship and more than 60,000 hours of operating experience under its belt, Waterfront Shipping Company has a five-year headstart.As a general rule, shipowners are remiss to share insights on their operations, lest their competitors catch wind and leverage the same technology and savings. The case of Waterfront Shipping Company Ltd.
Crew of Dismasted Sailing Vessel Rescued
The Coast Guard and good Samaritans aboard two commercial vessels located and rescued the crew of the 42-foot white dismasted sailing vessel Coco Haz III 656 miles west southwest of the Hawaiian Islands, Sunday.The three crew are reportedly in good condition, with one possible concussion after further assessment by a flight surgeon, and en route to Honolulu aboard the motor vessel Kalamazoo. They are expected to arrive later in the week.Crews aboard a Coast Guard HC-130 Hercules and a U.S.
Brazilian Beaches Hit by Second Oil Spill
Crude oil smudges have been spotted at some Brazilian beaches in the northeast state of Ceará, the country's navy said on Monday, almost two months after the area was hit by another oil slick.That was part of a broader spill, whose origin remains a mystery, that stained hundreds of beaches on Brazil's northeast coast between September and November, threatening marine life, tourism and fishing.The navy said samples of the new spill were being sent for analysis to a marine studies institute…
Eight Abducted from Tanker off Cameroon
Eight people were abducted and one person injured during an armed raid overnight on a Greek-registered tanker anchored off Cameroon, Greek authorities said on Tuesday.Greece's shipping ministry said the Happy Lady tanker was two nautical miles off the port of Limboh in Cameroon when it was stormed by individuals who were armed.Five Greeks, two people from the Philippines and a Ukrainian were kidnapped and a Greek national injured, the ministry said in a statement.The tanker has a crew of 28.(Rep
WindFloat Atlantic Platform Heads Offshore
The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform, which has the exact same dimensions: 30 meters in height and with a 50-meter distance between each column. The third and final platform…
Axxis Geo Secures Middle East Gig
Norwegian ocean bottom node (OBN) seismic company Axxis Geo Solutions (AGS) has signed the contract for the 3D OBN seismic acquisition survey in the Middle East following the securing of a letter of intent for the project in September.The work is expected to commence in early January 2020 and will continue through most of the first quarter 2020."This contract will secure activity for the company and contribute with revenues through most of the winter season.
Salalah Port Breaks 4-M TEU Record
Port of Salalah, the largest port in Oman, hit an all-time record container volume of 4-million TEUs in December 2019.Considering all services and volumes that were re-directed to other ports due to the impact of Cyclone Mekunu in 2018, the Port of Salalah has also achieved a 19% year-on-year volume growth, said a press note from the port, which is situated in the Dhofar Governorate, on the Arabian…
Shipping Industry Brings $25Bn to UK Economy
The UK shipping industry brings in a remarkable GBP 19 billion (USD 25Bln) to our economy, an increase of 41% from 2010, and directly supports 181,000 jobs, UK Chamber of Shipping said quoting a new report from the Center for Economics and Business Research (Cebr). The Chamber, which represents nearly 200 members, and works with Government, parliament and international organisations to champion and protect the industry…
DSME Wins $771M Order for 6 Box Ships
South Korean shipbuilding and offshore contractor Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has secured a 891.8 billion-won (US$771 million) order to build six container ships.According to Yonhap, the world’s second-largest shipbuilder by order backlog will deliver the ships to an unidentified client in Africa by October 2022 under the deal.With the latest deal, Daewoo Shipbuilding has won orders worth $6.88 billion for 39 vessels so far this year…
BHP Mulls World's First LNG-Powered Fleet
Global miner BHP Group may award contracts worth close to $1bln to companies bidding to build the world’s first fleet of bulk ships fueled by liquefied natural gas (LNG).According to a report from the Sydney Morning Herald, the contracts could be awarded in the next three months after reviewing 17 bids from gas producers, shipbuilders and financial institutions.BHP, the largest charterer of bulk carriers in the world…