“It’s alive!”: Offshore Drillers Start Resuscitating Idle Drillships
Offshore drilling rig reactivations have begun as utilization and dayrates continue their rapid recovery, Esgian's Teresa Wilkie writes.We expected it to happen just not necessarily this soon. But now it’s official, several cold-stacked rigs are about to be reactivated for new jobs in the Golden Triangle, and Valaris is taking the lead. Just last week, the driller confirmed that it will reactivate 6th generation…
HHI BWMS Earns US Type Approval
The U.S. Coast Guard said it has issued type approval to Hyundai Heavy Industries' HiBallast NF ballast water management system.The type approval is the 45th granted by the USCG's Marine Safety Center, awarded following a detailed review of the manufacturer’s type approval application determined the system met the requirements of 46 CFR 162.060The treatment principle of the HiBallast NF BWMS consists of electrolysis treatment during uptake and neutralization at discharge. The U.S.
MacGregor to Equip Spirit of Tasmania's New RoPax Ships
MacGregor, part of Cargotec, said on Friday it has secured new order to supply cargo access equipment for two RoPax vessels to be built by Rauma Marine Constructions (RMC) for Spirit of Tasmania (TT-Line Company Pty Ltd).The order was booked into Cargotec's second quarter 2021 order intake, with deliveries planned to commence during the third quarter of 2022 and completed during the first quarter of 2023.The scope of supply includes bow and stern access equipment…
Glamox CEO Transition Set for 2022
Glamox said that Rune Marthinussen,CEO & President, plans to retire from the company next year, and that the Board of Directors has appointed Astrid Simonsen Joos to succeed him as CEO.
Strong Demand, Supply Chain Strain Persist, says Xeneta
Ocean carriers remain in pole position in negotiations for long-term freight contracts, with high demand, port congestion, and supply chain disruption driving further rates increases. According to the Xeneta Shipping Index (XSI) Public Indices, long-term rates recorded their tenth consecutive month-on-month rise in October, climbing by 2.2%. The indices now stand at a colossal 93.1% up year-on-year…
U.S. Moves to Expand Offshore Wind Beyond the Northeast
The Biden administration on Thursday unveiled fresh steps toward building offshore wind farms in waters off the coasts of Massachusetts, the Carolinas, and in the Gulf of Mexico.The announcement is the government's latest in an aggressive push to expand the nascent ocean industry to every U.S. coastline in a bid to wean the power sector off fossil fuels and address climate change.To date, most U.S.
'Major' Oilfield Service Firm Books Solstad Offshore's CSV for South America Work
Norwegian offshore vessel operator Solstad Offshore has won a contract for its construction support vessel Normand Samson.The CSV Normand Samson was chartered by a major oil service firm for a minimum of 350 days, with the possibility to extend for an additional 150 days, according to the company. Solstad did not say who the client was.The contract will start during Q2 2022. "The vessel will be utilized on a field development project in South America…
ABS Nautical Systems, Siemens Energy Marine Partner
Fleet management software provider ABS Nautical Systems (ABS NS) and Siemens Energy Marine, a provider of energy technology, have joined forces to automate data capture and enhance compliance…
New US-flagged Laker is First to Be Launched in Nearly 40 Years
A ceremony held at Fincantieri Bay Shipbuilding on Thursday marked the launch of the first U.S.-flagged Great Lakes bulk carrier to be built in nearly four decades. The 639-foot Mark W. Barker, currently under construction for Ohio-based The Interlake Steamship Company, was floated in the large drydock at the Sturgeon Bay, Wis. shipyard.“Today is truly gratifying for our company to commemorate the first time the completed hull of our new ship has touched water,” said Mark W.
Stephaich, Pyne Honored by National Rivers Hall of Fame
National Rivers Hall of Fame will honor marine towing industry veterans Peter Stephaich and Joseph H. Pyne during the Annual Waterways Symposium hosted by Waterways Council, Inc. in St. Louis, Mo., in November.Stephaich, the current Chairman and CEO of Blue Danube Incorporated and Campbell Transportation Company, Inc., and Pyne, Kirby Corporation’s former CEO, will receive the Hall's Achievement Award…
Dredging Contractors of America Honors Sen. Shelby
Trade association Dredging Contractors of America (DCA) honored U.S. Senator Richard Shelby (R-Ala.) with its Lifetime Achievement Award in recognition of his leadership in support of critical maritime infrastructure investments.The award particularly notes his advocacy of the Mobile Harbor expansion, as it is formed from a cutting tooth used on the dredging vessel Ellis Island during the project.“DCA…
More than 100 Containers Lost from Zim Kingston
More than 100 containers have been lost from a fire-stricken containership off British Columbia, well above original estimates, the Canadian Coast Guard said.Initial reports indicated that the Malta-flagged Zim Kingston lost roughly 40 boxes near the Strait of Juan de Fuca, on October 22, after heavy weather caused the vessel to list 35 degrees while traveling from Busan, South Korea to Vancouver, Canada.A fire that broke out on board on October 23 led to the loss of additional containers…
Finance: UK Shakes-up its Shipping Tax to Attract Global Players
In an attempt to bring more international shipping firms onshore to the UK, the British chancellor of the Exchequer Rishi Sunak provided the biggest shake-up to the UK’s domestic tonnage tax since its introduction 20 years ago.The British government explained that In order for global shipping companies to benefit from paying less tax, there are two routes for companies to benefit: they can either show that they are investing in the net carbon zero transition…
Thordon Celebrates 110 Years in Business
Navies, shipowners, shipyards, and organizations have offered the best of birthday wishes to Canada’s Thomson-Gordon Group, the parent company of water-lubricated polymer bearing pioneer Thordon Bearings, as it celebrates its 110th anniversary this fall.Among several well-wishers, Claude Tremblay, Directorate General Maritime Equipment Program Management National Defence, Royal Canadian Navy, wrote: “Congratulations to Thomson-Gordon Group for 110 years of Canadian innovation and pioneering.
Wightlink Aims to Build All-electric Ferry
Wightlink, operator of England's first hybrid-electric ferry, said it is striving to put into service another national first: a passenger vessel that will run on all-electric power.The ferry company that connects the Isle of Wight with the south coast introduced the hybrid-electric Victoria of Wight in 2018. The vessel operates round-the-clock between Portsmouth and Fishbourne, carrying passengers…
UN Deep-sea Mining Rules Unlikely to be Completed by 2023 Deadline, Latam Countries Say
Regulations governing deep-sea mining will take longer to finalize due to the global pandemic, a group of Latin American countries said, creating uncertainty for companies looking to mine the sea bed for metals, including cobalt and nickel.The delayed negotiations also pose a potential difficulty for companies seeking financing from investors to mine the sea floor.The U.N.’s International Seabed Authority (ISA) is working on global rules covering sea bed mining…
Singapore Court Dismisses Oil Tycoon Family's Appeal Against Ocean Tanker Suit
Singapore's highest court has dismissed an appeal by oil tycoon Lim Oon Kuin and his two children after they were successfully sued for breach of fiduciary duties by the court-appointed managers of a company they once owned.Lim is the founder of defunct Hin Leong Trading Pte Ltd and Ocean Tankers, once one of Asia's largest oil trading and shipping firms, which both went under judicial management in 2020…
Singtel to Provide VSAT for 33 PIL Containerships
Singapore based shipping company Pacific International Lines (PIL) is installing satellite communication, or VSAT, on its entire fleet as part of its digitalization efforts to enhance seafarer wellbeing and improve productivity on board its ships. Communications technology group Singtel said it is one of the partners providing PIL with communications and cybersecurity solutions for 33 vessels in PIL’s fleet.“As a progressive company…
UKHO Launches ADMIRALTY Small Craft Charts Service
The UK Hydrographic Office (UKHO) has launched its ADMIRALTY Small Craft Charts service - formerly known as ADMIRALTY Leisure Chart Folios – to bring important safety, quality and flexibility benefits to all marine users who depend on these charts.The launch of this new service follows the announcement in May 2021 that UKHO will withdraw the regional folio structure for these charts. Instead users…
Industry Looks to UN Climate Talks to Steer Cleaner Shipping
World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonize by 2050, a senior industry official involved in the meeting said.Shipping, which transports about 90% of world trade, accounts for nearly 3% of the world's CO2 emissions.U.N. shipping agency the International Maritime Organization (IMO) has said it aims to reduce overall greenhouse gas (GHG) emissions from ships by 50% from 2008 levels by 2050.
