Containershipping: Restoring Balance
The repositioning of empty containers costs the liner industry an estimated $15-20billion every year according to Boston Consulting Group (BCG), as containers sit idle at a depot or are repositioned to a different loading point while empty. This is time spent not earning revenue, whil incurring additional costs, and is estimated by BCG to account for 5-8% of total operating costs for an average container liner.
Petrobras Sues Samsung Heavy Industries
Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy, Samsung said in a regulatory filing. Samsung delivered the vessel to U.S.
Iraq Orders ex-Governor Arrested after Ferry Sinking
Iraq has issued a warrant for the arrest of the former governor of Nineveh on corruption charges after at least 90 people were killed in a ferry accident in the provincial capital Mosul…
Arctic (& Wind) Operations: Hands Across the Water
As the North American offshore wind model evolves, it is clear that fit-for-purpose, Jones Act compliant and Arctic ready tonnage will need to be part of the equation. If so, we’ve got that box checked, with a little help from Europe.As of September 2018, the Walney Extension off the United Kingdom is the largest offshore wind farm in the world at 659 megawatts. There are at least 70 major wind farms…
EDF Enters Chinese Offshore Wind Market
French energy company EDF has signed an agreement with the Chinese utility China Energy Investment Corporation (CEI) to jointly deliver two offshore wind power projects…
Solar Solve Wins 40-Ship Order from S.Korea
The UK-based manufacturer of sunscreens for navigation bridge windows scored order for SOLASAFE anti-glare roller sunscreens that will be installed on 40 vessels…
EMGS Bags Norwegian Barents Sea Survey
Norway’s Electromagnetic Geoservices (EMGS) has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea.According to a press release…
Equinor Awards 4D Seismic Gig to Shearwater
Shearwater GeoServices announced the award of a 4D seismic survey at the Troll Unit by Equinor AS to be conducted this summer.The company 20% owned by GC Rieber…
Royal Canadian Navy to Use MIRRAS System
The developer of augmented and mixed reality technology Kognitiv Spark will be providing the Royal Canadian Navy with the opportunity to test drive a Mixed Reality…
2019 Shipping Season Opens at St. Lawrence Seaway
As the St. Lawrence Seaway officially opened for business yesterday (March 26), U.S. Great Lakes ports are predicting the shipping season will mirror last year’s stellar performance.In 2018, many U.S.
RAL Designs Tugs for Alfons Hakans
Robert Allan Ltd (RAL) has been selected as the designer of new icebreaking tugs for Alfons Hakans, a major tugboat owner and operator in Finland.The collaboration between Alfons Hakans…
HII Wins $1.47bln Defense Contract
America's largest military shipbuilding company Huntington Ingalls Industries (HII) has been awarded a $1.47 billion U.S. defense contract for construction of Landing Platform Dock 30…
DIS Enters into Sale and Leaseback Deal
Italy’s d’Amico International Shipping (DIS) said that its Ireland-based subsidiary d’Amico Tankers has signed a memorandum of agreement and bareboat charter contract…
Afrikahaven Inland Shipping Berths Ready
The port of Amsterdam said that Several new berths have been added for inland shipping in the mouth of the Afrikahaven (Afrika Harbour).The berths, which became operational last week…
Oakland Goes Hybrid for Cleaner Port Ops
In the latest development, the Port of Oakland announced that its largest marine terminal is converting 13 diesel-powered yard cranes to hybrid power. The result…
Konecranes Bags Straddle Carriers Order
The provider of smart port solutions Konecranes’ long relationship with the EUROGATE Group continues with the signing, early this year, of an order for 17 Konecranes…
Piraeus Port Wins Environment Award
Piraeus Port Authority SA (PPA) was honored with a Special Award in the "Environment" category for the "Environmental Quality Monitoring Programs in collaboration…
Energy Demand Rose at a Record Rate
Global energy demand grew 2.3% last year, marking its fastest pace in a decade, amid a robust global economy and stronger heating and cooling needs in many regions…
ESPO Hails EU's Call for $38bln Transport Budget
The European Seaports Organisation (ESPO) said it strongly supports the European Parliament’s call for an increased transport budget of EUR33.5 bn ($38bln).The budget…
Bergink Takes the Helm at Framo
Martijn Bergink has taken over as CEO of pumping systems manufacturer Framo.Former Framo CEO Sameer Kalra has officially handed Bergink responsibility for the business as Kalra becomes the new head of the Alfa Laval Marine Division and a member of the Alfa Laval Group management.As CEO of Framo and President of Business Unit Pumping Systems, Bergink will be based out of Bergen. He is educated chemical engineer and holds an McS degree in Chemistry.
