Satellites Reveal Worldwide Ship Traffic Up 300%
Maritime traffic on the worldâs oceans has increased four-fold over the past 20 years, according to a new study quantifying global ship traffic. The research used satellite data to estimate the number of vessels on the ocean every year between 1992 and 2012. The number of ships traversing the oceans grew by 60% between 1992 and 2002. Shipping traffic grew even faster during the second decade of the study, peaking at a rate of increase of 10 percent per year in 2011.
MLC2006 Impact: 113 Ships Detained
August 20, 2014 marked the first anniversary of the entry into force of the Maritime Labor Convention (MLC, 2006). During these first 12 months 113 ships were detainedâŚ
Bulk Carrier Freight Rates Predicted to Peak in 2016
âA fundamental and sustainable dry bulk market recovery is expected in the second half of 2015 and throughout 2016, when the total dry bulk market balance could peak at 88%, with peaks during the fourth quarter close to 92%. The supply/demand imbalance that drove dry bulk markets down to 2009 levels during the first half of the year is set for adjustment, with Newport Shipping Group predicting an improved tonnage balance over the next couple of yearsâŚ
Second US Navy Ship Joins AirAsia Search
USS Fort Worth joins USS Sampson as second U.S. Navy ship assisting with AirAsia QZ8501 search efforts. USS Sampson has been on station since December 29. Fort Worth is the littoral combat ship (LCS) on a rotational deployment to the U.S. 7th Fleet and brings maneuverability, speed and a shallow draft, which allows her to conduct expeditious visual and radar searches in a congested, shallow water environment.
Ship Apprehended for Overloading Passengers
A cargo-passenger vessel in Cebu was held in Cebu by the Philippines Coast Guard Saturday, January 3, for overloading passengers. M/V Graceful Star, skippered by Capt.
Charleston Harbor to Be Deepened
The South Carolina Ports Authority, Lowcountry Open Land Trust, Coastal Conservation League and the Southern Environmental Law Center announced a milestone agreementâŚ
Warplane Bombs Greek-operated Oil Tanker at Port
A Libyan warplane from forces loyal to the internationally recognised government bombed a Greek-operated oil tanker anchored off the coast, killing two crewmen inâŚ
CMA Names Tsakos 2015 Commodore
Capt. Panagiotis N. Capt. Panagiotis N. Tsakos, Founder of the Tsakos Group, has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2015.
Russia Makes Shipbuilding a Priority
Russiaâs renewed focus on the commercial shipbuilding industry was set as a key aim by Prime Minister, Dmitry Medvedev in his recent discussions on the development of the sector through 2015. The 2015 impetus on competitive opportunity coincides with the 13th International Maritime Exhibition and Conferences of Russia â NEVA 2015. This event provides a collaborative, global platform to promote Russia's Commercial Shipbuilding, Ship Equipment and related Maritime industries.
McDermott Wins PEMEX Installation Contract
McDermott International, Inc. has been awarded a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling platform for PEMEX Exploracion y Produccion in the Bay of Campeche Ayatsil field. The value of the award is included in McDermottâs fourth quarter backlog. âThe Ayatsil-A installation award from PEMEX is a direct result of the substantial local capabilities and operations of McDermott in MexicoâŚ
âSeawater is the Ultimate EALâ
Thordon Bearings Inc., a manufacturer of seawater lubricated bearings for the global marine industry, has questioned the rise of environmentally acceptable lubricants (EALs) in oil-based stern tube seals and bearings, stating the industry can use âthe most environmentally safe lubricantâ there is: seawater. The U.S. Environmental Protection Agency (EPA) is enforcing regulations introduced in December 2013 that stipulate that all vessels over 24 meters in length operating in U.S.
Transformers Safely, Precisely Handling Costly Freight
An Enerpac EVO synchronous lifting system has helped save a transformer manufacturer hundreds of thousands of dollars in freight from New Zealand to India by safely and precisely weighing the electrical equipment to exactly verify that its tonnage came in under local shipping port weight limits. The hydraulic 12-point lifting, shifting and weighing system was deployed by New Zealand and internationalâŚ
Golar Orders Second FLNGV Conversion
Black & Veatch has again been called upon to combine its PRICO LNG technology and global engineering, procurement and construction (EPC) capabilities with the services of Keppel Shipyard Limited.
Moore Stephens: Shipping Must Adopt Can-do Attitude
International accountant and shipping adviser Moore Stephens says shipping needs to adopt a can-do attitude in order to successfully meet the challenges which are likely to come its way in 2015.
Royal IHC Acquires Majority Stake in Brastec Technologies
Royal IHC has acquired a majority stake in Brazilian-based Brastec Technologies, a designer and builder of tailor-made production lines for the production of umbilicals and flexible pipes.
HHI Names 2 New Containerships in Ulsan
Hyundai Heavy Industries (HHI), hailed the New Year by naming two 10,000 TEU containerships for a Greek shipping line, Oceanbulk Maritime SA. The naming ceremony was attended by Spyros Capralos, chief executive officer of Oceanbulk; Nicos Rescos, chief operating officer of Oceanbulk; Yoon Moon-kyoon, chief operating officer of HHIâs shipbuilding division; and 44 other guests at HHIâs yard in Ulsan.
AVEVA Acquires 8over8 Limited
AVEVA has acquired 8over8 Limited, providing the software platform for AVEVA to address the current global need for increased project control, capital discipline, minimizing project overruns and delivering improved efficiency in operations, the company said. 8over8âs flagship product is ProCon, a risk management software platform that connects Owner Operators (OOs) and Engineering Procurement Construction companies (EPCs) throughout the project life cycle.
UK Launches Groundings Investigations
MAIB investigators have been sent to the north coast of Scotland following the accident in the Pentland Firth involving the cargo ship Cemfjord. The upturned Cyprus-flagged vessel was sighted on the afternoon of Saturday, January 3 by the passenger ferry Hrossey. An investigation has begun following the grounding of the car carrier Hoegh Osaka on the Bramble Bank in the Solent. The vessel grounded on the evening of Saturday, January 3 having departed from Southampton for Bremerhaven, Germany.
Global Navigation Solutions Names New CEO
Global Navigation Solutions (GNS), the maritime services group, has appointed Paul Stanley as Chief Executive with effect from January 5, 2015. During the last fifteen yearsâŚ
Seaonics Secures Equipment Package Contract
Vard Holdings Limited, through its specialized subsidiary Seaonics, has secured a large equipment contract for a vessel under construction at Fincantieri S.p.A. Based in Ålesund, Norway, Seaonics designs and manufactures offshore handling equipment to improve all critical lift and handling operations. Its products are used in subsea construction, module handling, well intervention, reservoir exploration, ocean trawling and other specialized applications in the offshore and marine industries.
