Dutch to Build Combat Support Ship
On 19 December the Cabinet of the Netherlands’ Government has submitted a so-called D-letter to the Parliament, to begin the construction of the Combat Support Ship Zr.Ms. Den Helder. The D-letter, part of the Defense Materiel Process (DMP), is the conclusive letter announcing the procurement decision for a large military project. With this new ship, the supply capacity of the Royal Netherlands Navy (RNLN) will once again expand to two ships.
MSC Re-Routes Cargos Due to French Strikes
Swiss headquartered container shipping company MSC said on Friday it was implementing contingency plans to re-route container ships away from French ports when necessary due to strikes in the country."MSC Mediterranean Shipping Company is closely monitoring the situation in France where industrial action by labour unions is impacting maritime ports and overland transportation networks around the country…
BY THE NUMBERS: the OSV Markets
US Offshore Support Vessel Analysis 2018 and 2019. The US GOM Offshore Support Vessel (OSV) market is suffering, utilization remains poor, and many owners are still squeezed financially. However, a poor market forces people to adapt and for those willing to take risks, the upside can be extremely large.US Owners 2018 vs. 2019: Within the US GOM, 2018 saw a period of strategic thinking and tactical business decisions.
Harvey CEO Acquires Harvey’s Interest in QLNG
Shane Guidry, CEO of Harvey Gulf International Marine, has announced he has purchased Harvey’s 30 percent ownership in Quality Liquefied Natural Gas Transport (QLNG). The CEO previously owned 70 percent of QLNG with Harvey and now controls 100 percent.In connection with the announcement, Mr. Guidry commented: “QLNG didn’t quite fit into Harvey’s core business and future. At Harvey, we are focused on growing globally, which we’ve done over the last 12 months.
Singapore Jails Tanker Captain in Shell Theft Case
The captain of a Vietnamese oil tanker has been jailed for over five years in Singapore for his role in a scheme that saw around $150 million of oil stolen from Shell's biggest refinery over several years.Doan Xuan Than, 47, was sentenced to 66 months in prison on Thursday, a spokesman for the State Courts of Singapore said, becoming the second person jailed in a case that also involves former employees…
China Stocks up on VLSFO Ahead of IMO2020 Deadline
Chinese marine fuel suppliers have signed up short-term deals to buy very low-sulphur fuel oil from companies like oil major Shell, Germany's Uniper and U.S. commodities trader Freepoint ahead of a new standard on emissions for the global shipping industry that kicks in on Jan. 1.While China's state refiners have pledged to produce a combined 14 million tonnes of the fuel for 2020 that complies with the tighter rules set by the International Maritime Organization (IMO)…
Shipbuilder Wins $1.13B Orders for 6 Ships
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has secured orders for a total of six liquefied natural gas (LNG) carriers from European and Asian shipowners…
Siem Offshore Wins Work for AHTS Trio
Norwegean offshore and subsea shipping company Siem Offshore has won one-year contracts for three anchor handling tug supply (AHTS) vessels in Australia.The Cayman…
Flex LNG Tanker Wins Endesa Charter
Norway-based shipowner Flex LNG announced that it has entered into a new time charter with the Spanish utility Endesa for the vessel Flex Ranger.Endesa is a leading…
MHI Vestas Offshore Wind Intros Safety’N’Mind
MHI Vestas Offshore Wind has created a digital safety training mobile app developed to streamline safety refresher training courses for offshore wind turbine technicians…
APM Sells Rotterdam Terminal to Hutchison
The Netherlands-based terminal operator APM Terminals, a subsidiary of Maersk Group, has signed a letter of intent for the sale of APM Terminals Rotterdam to Hutchison Ports…
Kalmar Supplies 9 Straddle Carriers to Eurogate
The manufacturer of terminal tractors Kalmar has concluded an agreement with long-term customer Eurogate to heighten nine Kalmar straddle carriers operating at…
First Tanker Built at Baku Shipyard Launched
President of the Republic of Azerbaijan Ilham Aliyev has attended a ceremony to launch the first tanker built at Baku Shipyard on the order of the Azerbaijan Caspian…
HES Hartel Tank Terminal Handed Over
The 1.3 Million cbm HES Hartel Tank Terminal, a project of HES International, has been completed on schedule.The HHTT Consortium, comprising Van Hattum and Blankevoort (Koninklijke VolkerWessels)…
TOP Ships Acquires 2 Scrubber Fitted Tankers
Greece-based international ship-owning company TOP Ships has acquired two ultra-high specification scrubber-fitted 50,000 dwt Medium Range (MR) product/chemical…
UK Affirms 40 GW Offshore Wind Goal
The British Queen, in her speech to both houses of United Kingdom (UK) parliament, revealed that the UK’s target for installed offshore wind energy has been raised to 40 GW by 2030…
Green Gothenburg Gateway Readies
APM Terminals Gothenburg will switch entirely to renewable energy with their Green Gothenburg Gateway concept during 2020.A year ago, APM Terminals Gothenburg introduced…
US Renews Waiver on COSCO's Dalian Tanker Unit
The Trump administration on Thursday renewed a waiver for companies to wind down transactions with the Dalian unit of a Chinese tanker company on which it had imposed sanctions in September for allegedly transporting Iranian oil.The waiver, good until Feb. 4, 2020, allows activities and transactions "ordinarily incident and necessary to the maintenance or wind down of transactions" including offloading of non-Iranian crude oil involving COSCO's Dalian Shipping Tanker Co, the U.S.
BIMCO's Sanctions Clauses to Meet Challenges
BIMCO’s Documentary Committee has approved two charter party sanctions clauses to help owners and charterers manage due diligence policies and navigate an increasingly complex environment of economic and trade sanctions imposed by governments.Sanctions have become a widely used geopolitical tool by governments. The rules are complex, imprecisely drafted, often changing, and the risks of violation can be high.
Scrubber Corrosion: Addressing the Issues
A focused Q&A with M.Sc. Chem. Eng. Anders M. Sørheim, Yara Marine TechnologiesHow important is material quality when selecting a scrubber system?If the intention of a scrubber installation is to operate the scrubber for the lifetime of the vessel, assuming a minimum of 10 years, then the material quality is imperative. A study performed by the American stainless-steel manufacturer ATI titled “Evaluation…
