One Person Missing After Boat Capsized
The U.S. Coast Guard is searching for one person who ended up in the Pungo River near Hobucken, N.C. after a boat capsized. The 21-foot TowBoatUS vessel was towing a 47-foot recreational boat when the lead vessel capsized near the river entrance Thursday morning. Officials say and they are now searching the water for a 45-year-old TowBoatUS captain reported to be wearing coveralls, rubber boots and a lifejacket.
US Dredging Invests in American Workers, Safe Navigation Channels
The American Maritime Partnership (AMP), the voice of the domestic maritime industry, has highlighted the U.S. dredging industry’s commitment to build and maintain safe, efficient and cost-effective navigation channels in the nation’s inland waterways and ports. The recent deliveries of four state-of-the-art vessels, constructed by nearly 700 American workers in U.S. shipyards, are a reflection of the U.S.
Langh Tech Debuts New Water Treatment Systems
Langh Tech’s new generation of water treatment systems has been launched with upgraded membrane technology to increase water cleaning capacity. In 2017, Langh Tech launched a second generation of water treatment systems based on a new type of membrane filter elements. With the new elements, Langh Tech said a 50 percent increase in water cleaning capacity can be reached compared to the previous elements, without increasing the size of the water treatment units.
Vroon Offshore Vessel Undergoes Modification Work
Damen Shiprepair Oranjewerf has completed final outfitting and modifications on a second subsea-support walk-to-work (W2W) vessel for Vroon Offshore Services (VOS). VOS Stone was built at Fujian Southeast Shipbuilding in China before coming to the Netherlands for completion. This follows a similar project successfully completed in July this year at Oranjewerf, involving sister ship VOS Start. The eight-week program for VOS Stone involved a wide range of activities…
Bibby Offshore Recapitalization Completed
Subsea services provider Bibby Offshore Holdings Limited said it has completed the recapitalization of its balance sheet announced on December 5, 2017. The agreement to recapitalize the balance sheet was approved January 10 by 98.7 percent of noteholders of the £175 million (approximately $243 million) 7.5 percent senior secured notes, and makes noteholders the new owners of the group. “The completion…
BMT Hires Strategy Director Tomlinson
BMT has appointed Guy Tomlinson as Group Capability and Strategy Director. Tomlinson joins BMT from QinetiQ where he led a 35-strong business development team as UK Sales Director. He brings to the role experience from across the maritime, defense, cyber and information and training domains, as well as leading on several sales and business development transformation programs. Prior to joining QinetiQ…
BIMCO Unveils New Contract Editing Solution
BIMCO has launched SmartCon, a new solution for editing contracts that is designed to make contractual work easier and more secure. “SmartCon is a brand-new approach to contract editing, we believe that it will significantly ease the work life of our current users and will attract new users to BIMCO’s contract universe,” said Grant Hunter, Head of Contracts and Clauses at BIMCO. The key innovation in SmartCon is that the features are built into a Word document…
MarTID: The Global Maritime Training Survey
In a coming edition of Maritime Reporter & Engineering News, we explore modern training and “blended learning” techniques with Murray Goldberg, CEO of Marine Learning Systems, maker of MarineLMS. A researcher and developer of learning management systems, Goldberg’s software has been used by millions of people and companies worldwide. Here Goldberg explains the scope and important of a historic new annual survey, The Maritime Training and Insights Database (MarTID) (www.martid.org/survey).
Women in Maritime: New UK Taskforce Established
Setting out to increase fairness, equality and inclusion within the maritime sector, Maritime UK has established a Women in Maritime Taskforce, a move welcomed by the U.K.’s new Maritime Minister, Nusrat Ghani MP. “I am delighted to see Maritime UK taking action to attract more women into our maritime industries, and I welcome this taskforce as an important first step,” said Ghani, who is only the…
Oil from Sunken Iranian Tanker Diffusing in East China Sea
Oil from an Iranian tanker that sank in the East China Sea has diffused into four separate slicks, covering a combined area of just over 100 square kms (39 square miles), Chinese authorites said late on Wednesday. Earlier satellite imaging showed two large slicks, with the larger one also thicker and more concentrated, but the latest data had found four slicks ranging in size from 48 square kms (19 square miles) to 5.5 square kms (2.1 square miles), the State Oceanic Administration (SOA) said.
Hapag-Lloyd: Shipping Demand Up, More Mergers in 2018
German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said. CEO Chief Executive Rolf Habben Jansen also said Hapag-Lloyd, which merged with its Arab peer UASC, could achieve 85 to 90 percent of targeted annual savings from the deal of $435 million this year and 100 percent from 2019. More savings could be made in future…
First Ship Lease Trust Sells Containership Vessel Us$6.2 Mln
First Ship Lease Trust has sold its containership, FSL Busan, for a cash consideration of USD $6.2million. The compnay will record a gain on disposal of about USD $0.75 million, in 1Q 2018.
Trump Administration's Infrastructure Plan Taking Shape
The Trump administration is finalizing its long-awaited infrastructure plan, which would push most of the financing of projects to private investment and state and local taxpayers, according to sources familiar with the proposal taking shape. President Donald Trump, who spoke frequently of improving U.S. infrastructure during his 2016 campaign, may preview the plan in his Jan. 30 State of the Union address, but details are not expected until afterward, the sources said.
Maersk Supply Service Wins Contract With Quadrant Energy
Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia, commencing March 2018. Both vessels will support Quadrant Energy’s Phoenix South and Van Gogh drilling campaign which will initially cover three wells for a duration of 150 to 200 days. The highly modern and efficient…
Rolls-Royce Mulls Sale of Commercial Marine Unit
Industrial conglomerate Rolls-Royce is considering selling the bulk of its struggling marine business as the company embarks on another restructuring which aims to further slash costs. "We are embarking on a further simplification of the business, including the evaluation of strategic options for our Commercial Marine operation and a reduction from five operating businesses to three core units based around Civil Aerospace, Defence and Power Systems," said a press release from the company.
FSL Trust Sells Vessel to Trim Debt
FSL Trust Management, as trusteemanager of First Ship Lease Trust (FSL Trust), announces that the Trust has sold its chemical tanker, FSL Tokyo, for a cash consideration of US$13.8 million. FSL Tokyo is a 2006, Japanese-built, 20,938 DWT chemical tanker that has been deployed in the spot market. The net proceeds from this Disposal will be applied in full to the outstanding loan facility in 1Q2018. FSL Trust will record a related impairment charge of approximately US$9.0 million in 4Q2017.
LME Certification for Port of Amsterdam
Port of Amsterdam was awarded an LME certification this week by the London Metal Exchange (LME). From now on, Amsterdam is listed as a goods delivery point for aluminium, aluminium alloy, lead, nickel, tin and zinc. This will enable our terminals and forwarding companies to strengthen their position in the ferro and non-ferro markets for short and deep sea. The application for the certification was submitted by Port of Amsterdam to the London Metal Exchange (LME) in November 2017.
PSA's Port Inks Solar Deal with Sunseap
PSA Corporation and Sunseap Group Pte Ltd have signed a 21-year solar power purchase agreement that will enhance the eco-friendliness of the container port and ancillary buildings in PSA’s Singapore facilities. Sunseap will construct and install a 4 Megawatt peak solar system across five sites in PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal.
Chevron Shipping Awards Oil, LNG Contract to GAC
US-based Chevron Shipping Company (CSC) has awarded the Dubai-based GAC Group a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures the provider of shipping, logistics and marine services GAC’s status as Chevron’s exclusive global agent in a partnership that spans more than 20 years, more than 15 of which have seen GAC as its sole global agent. Operations will be overseen by GAC Hub Agency offices in Dubai…
Fifth Consecutive Record Year for Antwerp
The port of Antwerp has achieved a record freight volume for the fifth straight year in a row. In 2017 the port handled 223,606,610 tonnes of freight, an increase of 4.4% compared with the previous year. Practically all sectors turned in an excellent performance: the container volume expanded in tonnage by 4.3% (123 million tonnes), liquid bulk such as oil derivatives by 5.7% (73.1 million tonnes)…