U.S. Crude Up on Supply, Export Variables
U.S. crude prices up 9 pct this week; at slight premium over Brent for most of day. U.S. crude prices rose for a fourth straight session on Thursday, headed for…
Bahri to Acquire 2 VLCCs
The board of National Shipping Company of Saudi Arabia (Bahri) has approved the purchase of two second-hand very large crude carriers (VLCCs) for $155 million, it…
GloMEEP Energy Efficiency Project Gets Underway
The first national workshop under the Global Maritime Energy Efficiency Partnerships GloMEEP), Project, which aims to support increased uptake and implementation…
CRIC Designs Prototype for Collaborative Detailing System
The Chief of Naval Operations' (CNO) Rapid Innovation Cell (CRIC) recently developed a basic prototype for an information system that will promote more collaboration…
Drone Technology Aids Antarctic Ship Operations
A quadcopter drone has helped navigate the Aurora Australis through the sea ice on its annual resupply voyage to Casey station. Flown off the aft deck of the ship…
NYK’s SIMS Receives Japan's Environmental Award
NYK’s Ship Information Management System (SIMS), jointly developed by NYK and the Monohakobi Technology Institute has been recognized with Japan’s 2015 Minister…
Capt.Sharma Appointed MD, Essar Shipping
The Board of Directors of Essar Shipping Ltd. has appointed Capt. Anoop Sharma as the Managing Director of the company, effective 1st November 2015. Capt. Sharma…
Antwerp set to Build Bunker Station
But now that the LNG Master Plan has come to an end the LNG story is not finished. Far from it: this was just the start, paving the way for promising new projects.
Panama Canal locks lane outage, Transit Reservation System
According to the ACP’s Advisory to Shipping A-39-2015, locks lane outages at Pedro Miguel (west) and Gatun (east) locks are confirmed from midnight 26 December until…
China Shipping Ports Acquires 20% Stake at Busan Terminal
China Shipping Ports Development, the port unit of China Shipping Group, has agreed to acquire a 20% stake in the loss-making Korea Express Busan Container Terminal…
Maersk Cuts 110 Jobs at HQ
Danish ocean carrier Maersk Line has begun the process of reducing its workforce as part of the cost cutting plan. The world's largest ocean carrier is eliminating…
Peel Ports Buys Great Yarmouth
Peel Ports Group has completed the acquisition of Great Yarmouth Port Company Limited (GYPC) from International Port Holdings for an undisclosed sum. GYPC is well…
No Financial Aid for STX Shipbuilding, Say Creditors
Creditors of financially troubled STX Offshore & Shipbuilding are opposing financial aid for the shipyard citing the gloomy outlook of the shipbuilding industry, Korea’s Yonhap News has reported.
China to Start Its First Naval Base in Africa
China is going to build a base in Djibouti, so that will be their first military location in Africa. With the establishment of a base in Djibouti, China joins the…
Bollinger Delivers USCG’s 16th FRC
Bollinger Shipyards has delivered the newly built Fast Response Cutter (FRC) Winslow Griesser for the U.S. Coast Guard (USCG) seventh district in Puerto Rico. The USCG took delivery on December 23, 2015 in Key West, Fla., and is scheduled to commission the vessel in Puerto Rico during March, 2016. The 154-foot patrol craft Winslow Griesser is the 16th vessel in the USCG’s Sentinel-class FRC program.
KVH Expands mini-VSAT Broadband Network
KVH Industries, Inc. expanded the capacity of its mini-VSAT Broadband network with two upgrades recently, supporting growing customer demand for broadband at sea. One expansion added a new satellite beam that doubled the mini-VSAT Broadband network capacity in the North Atlantic Ocean region, including Canada’s Hudson Bay. The second expansion added a new beam across Europe, the Middle East, and Africa to add 30 percent more capacity across areas such as the North Sea and the Mediterranean Sea.
Conflicting Objectives in Ship Design
“ABS is first and foremost a safety company,” says Richard Korpus, “but safety can arise on many different fronts. Dr. Korpus is Chief Scientist, Computational Fluid Dynamics (CFD) for the American Bureau of Shipping. In this role Korpus supports the Chief Technology Officer (CTO) and underlying organizations through a focus on developing and applying CFD technology. He believes CFD has the potential…
Moore Boat Debuts 25-foot Outboard
Moore Boat has introduced its all new aluminum 25-foot outboard, The Moore 25 OB. The Moore 25 OB was designed in house and with the assistance of CDI - Band Lavis Division. The new boat is the builder’s first application of its patented Moore Boat hull design propelled by an outboard. The Moore 25 OB has been designed with a parallelogram hydraulic engine lift that is capable of raising the single 300 horsepower outboard a full two feet.
The Impact of Lower Oil Price on LNG Vessels
Opec study on the impact of lower oil price assumptions on the penetration of LNG vessels has released. In light of the regulations on sulphur emissions issued by…
LNG-powered Cement Carrier Delivered
Dutch shipbuilder Ferus Smit announced it has delivered the world’s first LNG-powered cement tanker, MV Greenland. The delivery was preceded by an extensive program of trials and tests in which the proper working and safety of all systems was verified. Finally on Wednesday, December 23, MV Greenland left the harbor of Delfzijl on her first commercial voyage to Rostock where she will receive her first cement load. M.V.