Austal Confirms Fjord Line Order for Catamaran Ferry
Austal Limited confirmed a new contract valued at 73 million Euro to design and build a 109 meter high-speed vehicle passenger ferry for Fjord Line of Norway. The all-aluminium catamaranā¦
Panoil, Universal Energy Lose Singapore Bunker Supply Licence
The Maritime and Port Authority of Singapore (MPA) will not be renewing the bunker supplier licences of Panoil Petroleum Pte Ltd and Universal Energy Pte Ltd when they expire on 31 August 2017.
Honduras to Implement Maritime Security
A national table-top exercise on maritime security concluded in Tegucigalpa, Honduras (28-29 August). The aim of the event was to encourage a multi-agency approachā¦
Container Equipment Leasing Rates Under Pressure
Leasing companies are tightening their stranglehold over container equipment ownership as ocean carriers cut back on new purchasing and sell older inventory for leaseback, Drewry's report said.
Cammell Laird Employee Celebrates 60 Years in Ship Repair
Jim Clark, a senior manager at Cammell Laird, has clocking 60 years in the ship repair industry, making him one of the U.K.ās longest serving Chief Estimators. The 76-year-old chief estimator has delivering more than 11,000 over the course of his career, having worked with maritime brands from Blue Star Line to his current role at Cammell Laird. Since his first job in 1962 he has delivered estimates for ship repair projects worth circa £100 billion ($129.2 billion) in todayās currency.
Europe Gasoline Exports Set to Surge on Harvey Outages
Gasoline exports from Europe across the Atlantic are set to surge in coming days as traders plug supply gaps after Tropical Storm Harvey crippled refineries in the U.S. Gulf Coast. Many of the shipments are expected to end up in Latin America, which has become increasingly reliant on gasoline and diesel supplies from the U.S. Gulf Coast in recent years amid fast-growing demand in emerging economies such as Mexico and Brazil, traders said. Nearly a quarter of U.S.
Bahri Ship Management Complies with EU MRV
Bahri Ship Management, one of the six business units within transportation and logistics company Bahri, said it is in compliance with the submission of EU MRV (Monitoringā¦
IoT & Changing Connectivity at Sea
Whether itās autonomous cars or connected houses, it seems like everywhere you look these days, internet of things (IoT) technology is a focus. Even in the conservative maritime world, IoT is currently a hot topic. Shifting supply chain solutions and business models are fundamentally changing the way that commercial shipping and the wider transport sector operates. IoT enables an organization to capture value from informationā¦
Trends in Heavy Lift Solutions
Advances and developments in heavy lift transportation are allowing shipyards to rethink how, and where, they build and maintain vessels. Utilizing this technology can help a yard expand its order book and improve its bottom line. The use of Self-Propelled Modular Transporters (SPMTs) in shipyards enables a facility to expand its operations in numerous ways, including new building, maintenance and repair or storage.
Vestdavit Opens US Office
Facing āsustained positive trend in North American business levelsā Bergen-based supplier of davits and other boat launching equipment Vestdavit said it is opening an office in Seattle. According to the company, direct representation will help it build on its existing strong regional reputation. Its davits are already widely used by the U.S. Navy, the U.S. Coast Guard, the National Oceanic and Atmospheric Administration (NOAA), and in the offshore oil industry among others.
Autonomous Shipping: Donāt Miss the Boat
The Norwegian company Yara is currently building a full-electrical containership fitted with an autonomous control system: the Yara Birkeland. During a recent visit to a major maritime conference, imagine my surprise when most attendees ā some 200 executives from the maritime sector ā discussed autonomous shipping in terms of its risks. The room seemed full of objections and doubts. What if the computer malfunctions?
Japan Won't Lower Guard of Whaling as Sea Shepherd Changes Tactics
Japan will not lower its guard over its whaling even though its biggest foe - the Sea Shepherd conservation group - has said it will not send ships to disrupt its fleet this year, a government official said on Tuesday. Paul Watson, founder of the Sea Shepherd Conservation Society, said in a statement on Monday the groupās limited resources made it difficult to compete with the military technology Japanā¦
GE Marine Gas Turbines Selected for US Navy, Coast Guard
GEās Marine Solutions said its LM2500 family of aeroderivative marine gas turbines have been selected to power two newbuild surface combatants for U.S. Navy and Coast Guard programs. Specifically, two LM2500+ gas turbines will power Bougainville (LHA 8), the U.S. Navyās newest multi-purpose amphibious assault ship. Construction is expected to begin shortly according to shipbuilder Huntington Ingalls Industries.
Kotug Smit's New Sister Tugs Go to Work
Kotug Smit Towage has taken two Damen-built ASD 2913 sister tugs, Rotterdam and Southampton, into service for its European harbour towage. Both tugs recently commenced harbour towage activities, starting in the Port of Rotterdam and the Port of Zeebrugge respectively. Both tugs have a length of 29 meters, a width of 13 meters and a bollard pull in excess of 80 tons. The Southampton is equipped with a fire-fighting1 system.
Baltic Index Falls on Weaker Vessel Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker demand for larger vessels. The overall index ā which factors in rates for capesize, panamax, supramax and handysize shipping vessels ā was down 22 points, or 1.83 percent, at 1,181 points. The capesize index fell 99 points, or 4.16 percent, to 2,282 points. Average daily earnings for capesizesā¦
Noris Marine to Offer PBES Energy Storage to Southern Europe
PBES and Noris Automation GmbH has announced a partnership agreement to represent PBES energy storage for hybrid and fully electric commercial marine vessels. This further underscores the ongoing green shift that is now occurring in the commercial marine industry. āNoris Automation is a company with deep roots in the marine industry,ā said Brent Perry, PBES Chief Executive Officer. āWe are pleased to announce the agreement with PBES,ā stated Uwe Ulrich, Managing Director, Noris Automation GmbH.
Borr Drilling Aims to Expand Fleet, Keep Costs Low
Borr Drilling, the Norwegian drilling start-up, which listed on the Oslo exchange on Wednesday, said it aimed to expand its fleet, taking advantage of its low cost base.
K-Fleet Voyage Application Verified for EU MRV
K-Fleet Voyage, KONGSBERGās digital application for monitoring ship fuel consumption and emissions, has been verified by Ecoxy AS for use under the EU Emission Trading Scheme (ETS) and the new EU Monitoring, Reporting and Verification (EU-MRV) for maritime transport regulation (2015/757). Ecoxy AS is accredited by Norwegian Accreditation as a verifier according to ISO14065 for the ETS and EU-MRV. The regulationā¦
Rolls-Royce to Design and Equip New Fishing Vessel
Rolls-Royce said it has signed a contract to deliver ship design and an extensive range of ship equipment to a purse seiner / pelagic trawler to be built for the shipowning company Gunnar Langva AS based in Ålesund, Norway. The 75 meter long vessel is to be built by Westcon Yards in Norway, and the Rolls-Royce contract is signed with the yard. This will be Westconās second order for Gunnar Langva. The previous vessel was delivered in 2013 and also designed by Rolls-Royce.
Traders Look to Asia Products for U.S. Options
Traders adding U.S. port options to cargoes for flexibility. Traders are scrambling to find oil products in Asia to ship to the United States and Latin America afterā¦
