Boskalis Acquires Subsea Survey Firm Gardline
Netherlands based Royal Boskalis Westminster N.V. said it has acquired all shares of the U.K. based Gardline Group, a firm specializing in marine geophysical surveys, offshore geotechnical services and environmental surveys. The consideration paid including assumed debt amounts to approximately £40 million ($51.4 million). Gardline was established in 1969 and was a second-generation family-owned business with principal offices in Great Yarmouth, U.K.
Stronger Capesize, Panamax Rates Lift Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose over 1 percent on Tuesday on improving demand for capesize and panamax vessels.
Voices: Dr. Cleopatra Doumbia-Henry, President, World Maritime University
To say that Dr. Cleopatra Doumbia-Henry is passionate about all matters surrounding maritime and seafarers is a bit of an understatement. Prior to taking the helm as president of the World Maritime University (WMU) two years ago, she served as the Director of the International Labor Standards Department of the International Labor Office (ILO) in Geneva, Switzerland, responsible for developing the Maritime Labor Convention, 2006.
ABB Software Leads to Fuel Savings for Stena Line
An upgraded vessel control software package is delivering measurable operational efficiency gains to Stena Line for the freight ferry Stena Scotia within a month of commissioning, says ABB, whose DEGO IV advanced speed governor and actuation system onboard has been enhanced so that control over the vesselās propulsion system minimizes roll and rudder movements, delivering a new way of saving fuel while also improving crew comfort.
BMT Launches Naval Innovation in London
BMT Group Ltd. (BMT) is set to launch a number of innovative warship designs at DSEI event in London. BMT reports that its platform designs have enjoyed a number of successes this year, most notably seeing the HMS Queen Elizabeth carrier (QEC) head out of the Firth of Forth and undergo her maiden sea trials, as well as welcoming RFA Tidespring, the first MARS tanker to the U.K. BMTās VENATOR-110 which combines leanā¦
Transocean to Buy Songa Offshore
About 77 pct of Songa shareholders have so far accepted deal. Transocean, one of the world's biggest drilling rig operators, has agreed a deal to buy Norwegian competitorā¦
Russia Sends LNG Through Northern Sea Route
Russia was now pitching itself as an important transporter of European gas to Asia, reports Sputnik quoting Danila Bochkarev, a senior fellow at the EastWest Institute in Brussels.
SITC Shipowning Orders Four Newbuilds
SITC Shipowning, a wholly-owned subsidiary of SITC International Holdings Co, has exercised the options for the construction of two container vessels, said a company release.
DSME Bounces Back with USD 1 Bln Profit in Q2
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) said that its net profit reached 1.26 trillion won (USD1.1 billion) in the April-June period.
Swissco Liquidates Scott And English Energy
Bankrupt Swissco Holdings has announced the provisional liquidation of its wholly-owned Scott and English Energy (S&E). A statement from the company said that Aaronā¦
Ghana Ports, IBISTEK JV for Multipurpose Terminal
The Ghana Ports and Harbours Authority (GPHA) has offered a concession to IBISTEK Limited, a Ghanaian firm towards the development and operations of a containerā¦
Gulftainer Receives Maiden Call of CMA CGM Virginia
Gulftainer, the largest privately owned independent port operator, has marked the maiden call of the CMA CGM Virginia vessel with a capacity of 5,095 twenty-footā¦
HMAS Newcastle Joins Cousin for Replenishment
HMAS Newcastle has marked her second Operation MANITOU patrol with a dual replenishment at sea in the Gulf of Aden with USNS Kanawha and Pakistan Navy Ship Alamgir.
HHLA Records Strong Earnings
German Shipper Hamburger Hafen und Logistik AG (HHLA) recorded significant year-on-year growth in its key performance indicators in the first half of 2017. Groupā¦
VLGC Asset Values to Fall in Sync with Freight Outlook: Drewry
Given the weak freight rate outlook for LPG shipping over the next twelve months, Drewry believes there is more downside risk to the second-hand values of very large gas carriers (VLGCs)ā¦
Venezuela Ships More Oil to US in July vs June
Venezuela's PDVSA and its joint ventures last month shipped 638,325 barrels per day (bpd) of crude to the United States, a 30 percent increase over June due to larger sales of upgraded oilā¦
Ailing Tanker Crewman Medavaced off Florida
A tanker crew member reportedly suffering from heart attack like systems was medevaced 13 miles west of Egmont Key, Fla. on Monday, August 14. A U.S. Coast Guard MH-60 Jayhawk helicopter air crew from Air Station Clearwater medevaced the 55-year-old man from the 550-foot liquefied petroleum gas (LPG) carrier Gaschem Stade, and brought him to Tampa General Hospital.
Marlink's Maritime President Discusses the Future of Communication
In maritime satellite communications, an industry sector defined by change, Tore Morten Olsen, President Marlink Maritime is a rock: a model of continuity and a wealth of knowledge. He has 22 years of experience in the satellite communications sector, starting out as a technical product manager in 1994 and moving on to hold several senior management positions with Telenor, Marlink and Astrium Services / Airbus Defense and Space and now Marlink again.
Fight Fatigue
Fatigue is a well known factor as a cause numerous maritime and non-maritime accidents worldwide. In fact driving while fatigued is considered just as bad as driving while under the influence. The requirements under the new Manilla amendments call for vessels and seafarers to log their work or rest hours to meet the standards set out under STCW 2010 or the MLC 2006. Anyone who has ever gone to sea however can tell you that these measuresā¦
Bilge Keel Damping from In-field Motion Measurements
Chevron and MARIN worked together on a novel approach to characterize the actual damping for an FSPO in real world conditions. Results show that using damping from model tests means that roll decay in calm water is conservative and that natural roll periods are less sensitive to the FPSO draft than often considered in the design phase. Due to the resonance behavior of roll motions, roll damping isā¦
