DNV GL, TMT Sign Deal on Rotor Blades
DNV GL, the world’s largest resource of independent energy experts and certification body, has signed a comprehensive framework agreement with leading Chinese wind…
Genco Takes Delivery of 2014-built Ultramax
Drybulk shipping company Genco Shipping & Trading Limited announced Thursday it has taken delivery of a 2014-built 61,000 dwt Ultramax vessel.The vessel, Genco Weatherly…
The Jones Act and Offshore Wind in Light of the Aeolus Energy Announcement
As the domestic offshore wind industry comes to life, U.S. flag vessels will necessarily be part of that expanding equation.A potential sea change came with the recent announcement from Aeolus Energy Partners that the renewable installation and operation company was investing in a fleet of Jones Act-compliant vessels dedicated to the offshore wind industry. Long a barrier to entry for foreign and domestic prospectors alike…
Norwegian Joy is US Bound
Norwegian Cruise Line’s first ship custom-designed specifically for the Chinese cruise market will be repositioned to sail from the United States starting in 2019.The nearly 4,000 passenger cruise ship Norwegian Joy is slated to sail seasonally from Seattle to Alaska in summer 2019 before making voyages to the Mexican Riviera and Panama Canal from Los Angeles in winter 2019/2020.Built by German shipbuilder Meyer Werft in 2017…
Middle East Oil & Gas Shipping Routes are at Risk
Saudi Arabia said on Thursday it was suspending oil shipments through the Red Sea after Yemen's Iran-aligned Houthis attacked two crude tankers, underscoring risks caused by the conflict in the world's top oil exporting region.Iran, in its row with the United States over sanctions, has also threatened to block the Strait of Hormuz, the other major strategic shipping route for oil from the region and…
Mooring Installation Highlights Thordon's Range
The bearing installations to two Calm Buoys operating offshore Libya are indicative of the wide-range of applications Thordon’s environmentally-safe bearing systems have outside the company’s traditional maritime market.A total of 48 bearings and bushings were supplied in 2014 for installation to the chain stoppers of Monobuoy’s 400t turntable Calm Buoys, a single point mooring system designed to allow oil tankers to load and offload cargoes offshore…
Gibdock Secures New ISO Certification
Gibdock has underlined its commitment to Occupational Health & Safety by becoming the first shipyard in the Mediterranean region, and one of the first companies worldwide, to achieve ISO 45001:2018 certification.An audit by LRQA completed on July 6 confirmed that the Gibraltar shipyard is fully compliant with the requirements of the new ISO standard, which was only published in March this year. ISO 45001:2018 replaces the previous standard, OHSAS 18001.
Great Lakes-Seaway Shipping Boosted in June
United States grain exports via the St. Lawrence Seaway are up 32.1 percent this season compared to 2017. Construction materials were also heavily influential in the latest results with a nearly 38 percent increase in asphalt from the same time last year, as well as increases in cement and stone.“Summer is the season for construction projects and ships have been delivering materials for major building projects across the region,” says Bruce Burrows, President of the Chamber of Marine Commerce.
FPSO La Noumbi on Track for Q3 Delivery
Keppel Offshore & Marine said its Keppel Shipyard subsidiary is on track to deliver a floating production storage and offloading vessel (FPSO) to Dixstone holdings, an affiliate of the Perenco Group, on time in 3Q 2018.The FPSO, named La Noumbi at Keppel Shipyard today, will be deployed to the Yombo field operated by Perenco off the Republic of the Congo, Africa. It will be capable of producing 12…
Celebrity Edge Ready for Sea Trials
Newly constructed cruise ship Celebrity Edge, built by Chantiers de l’Atlantique for owner Celebrity Cruises, left her outfitting dock Wednesday to join Joubert dock from where she will leave Thursday night for first sea trials.The 315-meter Celebrity Edge, due for delivery later this year, is the first of four Edge Class vessels ordered from the French shipyard in December 2014.
House Approves Save Our Seas Act
New legislation approved by the U.S. House of Representatives on Wednesday aims to address maritime transportation safety issues raised by the El Faro sinking, promote the U.S. Coast Guard’s awareness of technologies that could help improve service mission performance, and reduce marine debris.The Save Our Seas Act (S. 756), which was approved in the House by voice vote, combines several pieces of bipartisan legislation recently approved by the Transportation and Infrastructure Committee.
Equinor Q2 Core Earnings Lag Forecasts
Norwegian oil and gas firm Equinor said on Thursday second-quarter adjusted operating income rose from a year ago but missed forecasts due to higher maintenance costs at its Norwegian fields.The company formerly known as Statoil also said it was too early to follow peers, such as Shell and Total , with share buyback programmes as it had investment plans to fund."We did not feel it was natural in the second quarter (to launch buybacks) because we have big projects and increased working capital.
Saudi Arabia Halts Red Sea Oil Exports after Tanker Attacks
Saudi Arabia said on Thursday it was suspending oil shipments through a strategic Red Sea lane after Yemen's Iran-aligned rebels attacked two tankers in the waterway…
Government Okays USD 1.2 bln for Korea Ocean Business Corporation
The government of South Korea decided to invest 1.35 trillion won (USD 1.2 billion) in Korea Ocean Business Corporation (KOBC). The compnay was created in order…
MV Priscilla Successfully Re-floated
The cargo ship MV Priscilla was successfully re-floated, said Her Majesty's Coastguard (HM Coastguard), a section of the Maritime and Coastguard Agency in UK.Following…
Hyundai Merchant Marine Joins NYSHEX
The New York Shipping Exchange (NYSHEX), the innovator of the first reliable digital forward freight contract for global container shipping, announced the addition…
Eurotainer Appoints APM Terminals as Agent for Argentina
Eurotainer US, Inc. has selected APM Terminals Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services…
K Line Settles Lawsuit Against APL Logistics
APL Logistics and K Line have announced that they have settled in a legal dispute, that sparked when employees from the logistics company spread bankruptcy rumours…
IoT to Boost Revenues by USD 154 million: Inmarsat
The Industrial Internet of Things (IIoT) is set to make a sizeable contribution to the global economy by 2023. This is according to a new global study launched today by Inmarsat…
169 Ships Sold to South Asian Beaches for Breaking
Of the 220 ships broken in the second quarter of 2018, 169 were sold to be scrapped on the beaches of South Asia, says NGO Shipbreaking Platform.In the second quarter of 2018…
