DSME Selects NAPA Steel to Transform Ship Design Processes
Maritime software, services and data analysis provider NAPA has announced that shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has selected 3D model-based NAPA Steel software to streamline design processes and meet the needs of 21st century naval architects and structure designers. DSME chose NAPA Steel thanks to its transformative effect on the ship design process, following an extensive benchmarking process involving multiple vendors.
Baltic Index Posts First Gain in Seven Sessions
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time in seven sessions on Tuesday, following a rebound in capesize rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, edged up 13 points, or 1.2 percent, to 1,095 points. The capesize index snapped its five-session losing streak and climbed 86 points, or 6 percent, to 1,519 points.
DNV GL Upgrades Nauticus Hull Software
DNV GL’s Nauticus Hull software has been given a major upgrade to provide improved support for the new DNV GL rules and IACS requirements. The software covers DNV GL rules for classification of ships and IACS Common Structural Rules for Bulk Carriers and Oil Tankers with capabilities ranging from simplified rule-check and scantling calculations to advanced tools for finite element structural analysis.
Pirates Free Tanker, Crew in Gulf of Guinea
Pirates freed a ship carrying 22 Indian crew and 13,500 tonnes of gasoline on Tuesday, Hong Kong-based Anglo-Eastern, which was managing the ship, said in a statement.
Revised G8 Certificate for Alfa Laval PureBallast 3
PureBallast 3, the third generation ballast water treatment technology from Swedish manufacturer Alfa Laval, is the first solution to be type approved according to the revised IMO G8 testing requirements. DNV GL, acting on behalf of the Norwegian Maritime Authority, issued an updated type approval certificate on February 2, making Alfa Laval the first supplier compliant with the revised G8 demands. The revised G8 guidelines, which are more in line with the stringent U.S.
Philippines Bans Foreign Research Ships
Philippine President Rodrigo Duterte has banned all foreign scientific research off the country's Pacific coast and told the navy to chase away unauthorised vessels, despite earlier allowing Chinese oceanographers to operate there. There was no clear explanation for the about-face by the mercurial Duterte, who has cultivated warm ties with China, ostensibly to attract loans and investments and lessen Manila's dependence on the United States.
New Shipyards CEO at Oman Drydock Company
Oman Drydock Company (ODC) appointed Said bin Homoud Al Mawali as Chief Executive Officer replacing Stephan Aumann who announced earlier last year by the ASYAD (formerly Oman Global Logistic Group) board of directors in Duqm/Oman. Prior to his role at ODC, Said was providing leadership and governance for the Executive Management of OTTCO since February 2014. With the 21 years extensive experience in construction…
HPH Trust Cautiously Optimistic on 2018
Hong Kong's Hutchison Port Holdings Trust (HPH Trust) saw its fourth-quarter earnings fall 38.4 per cent on weaker revenue and losses from associated companies.
Scorpio Bulkers Losses Narrow
Monaco-based dry bulk commodities shipping company Scorpio Bulkers reported a significantly narrowed fourth-quarter loss as it cut expenses and doubled revenue.
China Surpasses US as Largest Crude Oil Importer
China took the crown as the world’s largest crude oil importer in 2017, according to U.S. Energy Information Administration press release. China imported 8.4 million barrels per day…
Diana Extends TC with BG Shipping
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with BG Shipping Co., Limited…
Sale of Entire Public Stake in DCIL
The Government of India has decided to sell off its entire public stake in Dredging Corporation of India (DCIL), said the Minister of State for Shipping Mansukh L Mandaviya.
Cargill Partners with Four NGOs on Shipping Sustainability
Dry bulk shipper Cargill said it is partnering with four NGOs to advance sustainability initiatives and increase accountability across the ocean shipping industry.
Implementing the 2020 Sulphur Limit
The 0.50% limit on sulphur in fuel oil on board ships (outside designated emission control areas) will come into effect on 1 January 2020. Ensuring consistent implementation…
Seaspan Charters Newly Bought Vessels to Maersk
Seaspan Corporation said it has purchased two 2006-built 2,500 TEU containerships and entered into fixed rate time charter agreements for the vessels with Maersk Line A/S.
USCG Cutter Joseph Gerczak Arrives in Hawaii
The U.S. Coast Guard’s second of three new 154-foot fast response cutters (FRC) stationed in Hawaii arrived at its homeport of Honolulu on Sunday. The new cutter, Joseph Gerczak (WPC 1126), was built by Bollinger Shipyards in Louisiana and delivered the U.S. Coast Guard on November 9, 2017 in Key West, Fla. before transiting more than 8,400 miles to Hawaii. The vessel is slated to be commissioned on March 9.
Scania: Propelling the Passenger Vessel Market
Scania advances into 2018 on the strength of prior year successes and new visibility in one of the North American marine industry’s hottest sectors. In the fourth quarter of 2017…
US Navy’s Newest Destroyer Completes Acceptance Trials
The U.S. Navy's newest next generation destroyer completed acceptance trials on February 1, marking a significant milestone for second Zumwalt-class stealth warship ahead of expected delivery in the coming months. The U.S. Navy's Board of Inspection and Survey reviewed the future USS Michael Monsoor (DDG 1001) and its crew during a series of demonstrations both pier side and underway, evaluating the ship's construction and compliance with Navy specifications.
Umoe Mandal Unveils New Crew Transfer Vessel
The new WAVECRAFT Voyager 38 X is designed to reduce transit time, improve crew and passenger comfort, safety and efficiency, expand operational envelop and reduce logistical cost, Umoe Mandal said. Voyager 38X incorporates air-cushion catamaran and Surface-Effect-Ship (SES) technologies with a motion control system that compensates for vertical wave motion to offer comfortable transit and safe access to other vessels and installations offshore.
US Coast Guard Publishes Banned Vessels List
The U.S. Coast Guard posted a list of vessels that are prohibited from entering the navigable waters of the U.S. or transferring cargo in the U.S., absent a specific determination from the U.S. Secretary of State or other limited provisional entry allowed by law. This list, which is published pursuant to the North Korea Sanction and Policy Enhancement Act of 2016 and the Ports and Waterways Safety Act (PWSA) as amended by the Countering America’s Adversaries Through Sanctions Act (CAATSA)…