MOL LNG Carrier Rescues Castaways
Mitsui O.S.K. Lines (MOL) has announced that on September 18, the MOL-operated LNG carrier Papua safely rescued four yachtsmen off Port Moresby, Papua New Guinea.
Liability Treaties at Pacific Islands
An International Maritime Organization (IMO)/Pacific Community (SPC) workshop in Fiji is supporting Pacific Island countries (Cook Islands, Federated States of MicronesiaâŠ
Fuel Imports, Distribution in Puerto Rico Starts to Unclog
Shipments of gasoline and diesel into Puerto Rico have resumed after Hurricane Maria, with ports restarting operations, though there were still long fuel lines around the island on ThursdayâŠ
Reps. Hunter, Garamendi Concerned over Jones Act Waiver
Congressman Duncan Hunter (R-CA) and John Garamendi (D-CA), Chairman and Ranking Member respectively of the Subcommittee on the Coast Guard and Maritime Transportation, raised concerns today over the Trump Administrationâs decision to issue a 10-day waiver of the Jones Act for relief shipments into Puerto Rico. Hunter and Garamendi held a listening session Thursday morning with other members of theâŠ
C-Job Naval Architects Turns 10
What started as a small naval architectural office 10 years ago has grown into an established and well-respected company. Using various projects and a growing numberâŠ
Shipping Operating Costs Declining -Report
Total annual operating costs in the shipping industry fell by an average of 1.1 percent in 2016, says international accountant and shipping consultant Moore Stephens. This compares with the 2.4 percent average fall in costs recorded for 2015. For the second successive year, all categories of expenditure were down on those for the previous 12-month period, most notably for insurance costs and stores.
SUNRUI Appoints US Agent for BalClor BWMS
All Marine Spares said it has been appointed as the official agent in the U.S. for the promotion and sale of the BalClor Ballast Water Management Systems from SUNRUI, a wholly owned subsidiary company of China Shipbuilding Industry Company Limited (CSIC). The SUNRUI BalClor BWMS achieved USCG Type approval certificate in June 2017. SUNRUI BalClor BWMS has achieved type Approvals from CCS, DNV-GL, NK, BV, LR, ABS and RINA.
Conrad Awarded 9-Barge Build Contract
Conrad Shipyard said it has been awarded a contract to build four anchor barges, two deck barges and three crane varges for Great Lakes Dredge & Dock Company LLC (GLDD), headquartered in Oak Brook, Ill. The four anchor barges will be built in Louisiana at Conradâs Morgan City Shipyard, and the deck and crane barges will be built at its shipyard in Orange, Texas. Conrad Senior Vice President and Director Dan Conrad made the announcement: âWe have delivered seven vessels to GLDD since 2003âŠ
Brunswick, Mercury Marine to Aid Mercy Ships
When the Africa Mercy, the worldâs largest private hospital ship, provides its next field service in Cameroon, Africa, it will do so with a new dive boat and several new Mercury Marine outboard engines for the shipâs dive and rescue operations thanks to a recent donation from Brunswick Corporation and its engine subsidiary, Mercury Marine. Mercy Ships is a global charity that offers free life-changing surgeriesâŠ
Panama Canal Expects 230+ Cruise Ships This Season
The Panama Canal announced that it expects to receive approximately 235 cruise ships through the Panamax and Neopanamax Locks during the upcoming 2017-2018 cruise season. Beginning in October, this will be the first full cruise season to welcome vessels through the Expanded Canal. âIn addition to the existing locks, cruise lines now have the option to include the Expanded Canal as part of their itineraries,â said the Panama Canalâs international trade specialist Albano Aguilar.
Trump Waives Jones Act for Puerto Rico Relief
President Trump has waived shipping restrictions for Puerto Rico on Thursday at request of the island's governor Ricardo Rosselló and after an outcry from Congress about the scarcity of fuel, food and emergency supplies following Hurricane Maria. "At @ricardorossello request, @POTUS has authorized the Jones Act be waived for Puerto Rico. It will go into effect immediately," White House Press Secretary Sarah Sanders tweeted this morning. The Jones Act â which limits shipping between U.S.
ABB Digitalizes Maritime Maintenance
ABB has added âFleet Intelligenceâ to its ABB Ability Collaborative Operations software, providing marine customers with a single and complete overview of their ship system maintenance needs rather than being faced with piecemeal, standalone reporting solutions. Fleet Intelligence addresses a common shortcoming in ship efficiency, where data from manufacturer manuals provide the basis for the planned maintenance systemâŠ
Wison Launches Buoyant Tower Solutions with Storage
Wison Offshore & Marine has developed a new Buoyant Tower solution with condensate or oil storage, adopting Wisonâs proprietary Buoyant Tower technology. This floating concept provides a new economic and reliable option for the oil and gas development in the shallow to medium-depth waters. Originally invented by Ed Horton and Lyle Finn, the Buoyant Tower technology was first applied to BPZ CX-15 project offshore Peru when both Ed and Lyle worked for Horton Wison Deepwater Inc.
Matrix Global Plans U.S. Crude Storage Deal
Matrix plans sweet crude storage futures at LOOP. Matrix Global Holdings is planning to start up an oil storage futures contract for low-sulphur crude oil that willâŠ
Statoil Charters ULCC to Hold Crude for Asia buyers
Oil storage is feasible with low freight rates, capital costs; backwardation pushes traders to churn oil faster from storage. Norway's Statoil ASA has charteredâŠ
Crude Oil Markets Bullish, But Not Really: Russell
Sentiment is often a somewhat flighty and nebulous concept, but it appears that crude oil markets are turning increasingly bullish about the prospect for higher prices.
EVAC to be Acquired by Bridgepoint
Evac is to be acquired by private equity group Bridgepoint. Headquartered in Espoo, Finland, Evac was established in 1979 and to date has successfully completed over 20,000 marine, 2,000 offshore, and 2,000 building projects for customers around the world. The company has offices in Brazil, China, Finland, France, Germany, South Korea, Norway, Sweden, and the USA, as well as representatives in more than 40 countries. Since 2014 Evac has been owned by the IK VII Fund.
ERMA FIRST Partners with Bactest
ERMA FIRST, leading Ballast Water Treatment System manufacturer and award-winning Bactest, producers of the only fully integrated ballast water testing solution have announced their partnership.
15,000-TEU Container Ship Will be Delivered to Hapag-Lloyd
Another large container ship will be added to the fleet of the liner shipping company Hapag-Lloyd. The âAl Jmeliyahâ will be handed over to Hapag-Lloyd tomorrowâŠ
MPA, ReCAAP Join in Combating Piracy
The Ministry of Foreign Affairs of Japan (MOFA Japan) and the Maritime and Port Authority of Singapore (MPA), in cooperation with the ReCAAP Information Sharing Centre (ReCAAP ISC)âŠ
