DNV GL Develops Offshore Safety Guidance for Greek Regulator
DNV GL said it has completed a workscope with the European Bank of Reconstruction and Development (EBRD), under funding provided by the EU, to develop guidance forâŠ
Damen's New Harbor Tug Kicks-off EU Tour
The first of Damenâs new RSD 2513 harbor tugs is kicking-off an introduction tour of European ports with visits to some of Italyâs most important ports plus theâŠ
Wärtsilä Signs MoU to Promote Maritime Technologies in Singapore
Wärtsilä has partnered with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D. The partnership covers four different streams: digital acceleration, cyber-physical security, intelligent vessel and port operations. Wärtsilä and MPA have also agreed to support and leverage start-ups and small and medium enterprises in Singapore in these four streams.âThis partnership with MPA is a great example of how combining digitalization ecosystems thinkingâŠ
Sembcorp Marine Outlook Subdued on Q1 Profit Slump
Singaporean rig builder Sembcorp Marine Ltd said on Wednesday first-quarter profit fell 86 percent, and signaled a subdued outlook for orders and business volumes.Sembcorp Marine said profit came in at S$5.3 million ($4 million) for the three-month period ended March, compared with S$37 million in the same period a year ago.The year-ago profit was boosted by an one-off gain from the disposal of SembcorpâŠ
Cargo Ship Collides with Dock in Rosario
A cargo ship collided with a dock on the Parana River in Argentina's grains hub of Rosario on Wednesday, causing a slowdown of activity at terminal 6 in the portâŠ
Subsea 7: Offer Could Change if McDermott Cooperates
Norwegian offshore oil services firm Subsea 7 is open to potentially sweetening its $2 billion offer for McDermott if the U.S. company would work with it to identify additional benefits of a dealâŠ
Meyer Turku Delivers for TUI Cruises
TUI Cruisesâ new 315 m flagship was delivered today from Finnish shipbuilder Meyer Turku.The fifth Mein Schiff cruise ship to be built by Meyer Turku for German owner TUI Cruises, the new Mein Schiff 1 is based on a new design created as an evolution from the existing Mein Schiff series.The builderâs architecture and engineering team, working together with TUI Cruises and its architects, used the previouslyâŠ
Keppel to Deliver SE Asia's First LNG-powered Tug
Singapore-based Keppel Corp said on Wednesday its offshore rig-building unit is on track to deliver in May what the shipbuilder said will be the first tugboat inâŠ
Euronav Freight Rates Sag in Challenging Market Conditions
Belgian tanker operator Euronav's average spot rates for its very large crude carriers (VLCCs) fell 53.8 percent to $18,725 per day in the first quarter, as challengingâŠ
Glosten Taps Fanberg as President
Seattle-based naval architecture and marine engineering consultancy Glosten has appointed Morgan Fanberg, PE as president.Fanberg, who has over two decades of experience with the firm, will succeed Glostenâs fifth president, John Springer III, PE.Fanberg has led Glostenâs Marine Engineering Group since 2009 and was instrumental in growing the firmâs mechanical capabilities and leading the development of the firmâs Electrical Engineering Group.
EPA Announces Funding to Reduce Diesel Emissions
Preference given to fleets in areas facing air quality challenges. The U.S. Environmental Protection Agency (EPA) announced the availability of grant funding toâŠ
Baltic Exchange Launches Escrow Service for Vessel Sales
The Baltic Exchange announced it will launch an Escrow Service for its members to hold deposits for ship sale transactions.The paid-for service will be available from May 2018 for use in transactions where the buyer of the vessel is a Baltic Exchange member. The service will cost $5,000 per side and is likely to be extended to disputes related payments, the Baltic Exchange said.The Escrow Service willâŠ
Baltic Exchange Developing Container Shipping Index
London's Baltic Exchange is developing a container shipping index with Hong Kong-headquartered group Freightos in another sign that the centuries-old business is moving into new markets.
Photo of the Week
View from the foremast to the bow of container vessel Cap San Antonio entering the port of Le Havre, France.Herbert Boettcher took this photo for Hamburg Süd when he traveled on the container ship Cap San Antonio from Europe to South America and back to Hamburg. Boettcher started with his worldwide long time project Seamotion in 2004.Boettcher is a German professional photographer working worldwide for shipping companies to create photos of merchant ships with his unique visual language.
Ampelmann Opens Hamburg Office
Ampelmann has opened its first office in Germany, in response to growing business in the offshore wind sector. The new base, located in Hamburg, will be led by Tim Börner, who has been appointed as Business Development Manager Offshore Wind Germany for Ampelmann. Mr Börner joins the company from Global Renewables Ship Brokers GmbH where he most recently held the role of Offshore Shipbroker for more than five years, focusing on the offshore wind market.
OOCL Partners with Microsoft for AI Project
Hong Kong-based shipping company Orient Overseas Container Line Limited (OOCL) has partnered with Microsoftâs research arm to improve network operations and achieve efficiencies within the shipping industry through applied Artificial Intelligence (AI) research.The partnership, between OOCL and Microsoft Research Asia (MSRA), will apply deep learning research to shipping network operations with a projected $10 million annual operational cost saving.
China-bound US Sorghum Diverted to Saudi Arabia, Japan
Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data.Three of the cargoes are now sailing for Saudi Arabia after being sold to a private buyer, a U.S. trader and a Middle East-based trading source with knowledge of the matter said Tuesday.
Ballast Water Equipment Manufacturersâ Association Formed
Manufacturers and stakeholders in the ballast water treatment equipment market have codified a unified manufacturersâ association.The Ballastwater Equipment Manufacturersâ Association (BEMA) met on April 19, 2018 for their first Annual Meeting and elected the inaugural Board of Directors.According to the group, the need for this association arose from the growing demand for well-founded information on the practicability of ballast water treatment technologiesâŠ
Interview: Bourbon CEO Gael Bodénès
Bourbon Corporation CEO Gael Bodénès & his team plot a bold new course for this offshore industry stalwart.Your career with Bourbon has traversed many industry fluctuations. Looking back to when you joined the company, how is Bourbon today most the same, and most different?Bourbon has transformed from a small regional company to a world recognized leader in offshore marine services. It has seen its teams grow from a 3âŠ
Tugboats & Vessel Response Plans
Traditionally, tugs and towboats (hereinafter tugs) have largely been uninspected vessels of the United States. They were subject to basic examinations by the U.S. Coast Guard, but the standards were little higher than those applicable to recreational craft. These tugs were also subject to examination by the Occupational Safety and Health Administration (OSHA). The OSHA examinations were rare, but when they took place any violations found could be costly.
