DEME Appoints Luc Vandenbulcke as CEO
Belgian dredging, environmental and marine engineering group Dredging, Environmental and Marine Engineering NV (DEME)'s Board of Directors announced that with effect from January 1, 2019 Luc Vandenbulcke will succeed Alain Bernard as the companyās CEO.Bernard started working for the group in 1980 and has been CEO of DEME since 2006. Over the past 12 years he transformed the group from a purely dredgingā¦
France-Italy Naval Shipbuilding Deal Still Being Examined
A military shipbuilding alliance between Italy and France is still being examined but will require time given its complexity, the chief executive of Italy's Fincantieri said on Tuesday.Italy and France had aimed to outline such a deal by June after Fincantieri took control of France's STX shipyards in February.The agreement set the groundwork for a possible wider alliance between the two countriesā¦
Maersk Launches Startup Accelerator
AP Moller - Maersk has launched India-focused OceanPro, a 120-day accelerator program to give shipping and logistics startups an opportunity to partner with Maersk to bring innovative technology solutions to ease the global supply chain for customers and further accelerate global digital transformation.āWe recognize the immense potential of Indiaās technology and digital talent and are looking to capitalize on these capabilities to help the logistics industry worldwideā¦
Hurricane Michael Bears Down on Florida
Hurricane Michael is expected to strengthen today in the Gulf of Mexico, with the Florida panhandle directly in its dangerous path.Thousands of local residents in Wakulla, Gulf and Bay counties have been ordered to leave. Forecasters now say that Michael could be a Category 3 storm when it makes landfall on Wednesday. That prediction, if true, would make the storm the strongest to hit this area in at least a decade.As of 3 AM CDT on Tuesdayā¦
Iranian Tanker Offloads Oil for Bonded Storage in China
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according to Refinitiv Eikon data and a shipping agent with knowledge of the matter.Iran, the third-largest producer in the Organization of Petroleum Exporting Countries (OPEC), is finding fewer takers for its crude ahead of U.S. sanctions on its oil exports that will go into effect on Nov.
Fire Stricken Tanker Towed to New York
A 479-foot asphalt tanker was towed into New York Harbor after an engine room fire left the vessel disabled off the U.S. East Coast.Early on October 5, U.S. Coast Guard watchstanders in Woods Hole, Mass. received a report that the Hong Kong-flagged tanker Feng Huang AO loaded with asphalt and bound for New York Harbor suffered a fire in its engine room while transiting 57 miles southeast of Nantucketā¦
Swedenās New Hybrid Icebreaking Tug Launched
A new hybrid-electric icebreaking escort tug for Sweden's Port of Luleå was launched on Monday at GONDAN Shipyard in Figueras, Spain.The new Robert Allan Ltd designed tug, Vilja, is a RAL TundRA 3600-H class icebreaking design fully customized for the Port of Luleå operational requirements. The vessel is designed to perform icebreaking ā it is capable of breaking 1 meter of ice at a speed of up to 3 knots ā ice managementā¦
New Book Release: Why Only Two FPSOs in the U.S. Gulf of Mexico?
The Late Start and Twenty Year Saga.More than 40 years have passed since the trailblazing Shell Castellon started operation as the first floating production storage and offloading (FPSO) unit in 1977. Ever since, hundreds of these vessels have operated worldwide, and the oil industry has reaped their benefits. Despite continued international popularity and dominance, compelling advantages, and technological advancements, the adoption of FPSOs has faced particular challenges in the U.S.
Crowley Awards Scholarships to Two Webb Students
Webb Institute, a four-year college specializing in naval architecture and marine engineering, has announced that the 2018-19 academic year recipients of Crowley Maritime Corporationās Thomas B. Crowley Sr. Memorial Scholarship are Taylor Campbell (Class of 2019) and Reneé Tremblay (Class of 2020).Webbās scholarship selection committee chose Tremblay of Bristol, R.I., and Campbell of Altoona, Pa., for their hard workā¦
Offshore Vessel Participates In Anti-terrorism Drill
An offshore supply vessel left its work at an offshore wind farm to play the role of hijacked vessel in a Belgian anti-terror exercise last week.The vessel Esvagt Mercator took a brief break from its operations in the Belgian Nobelwind and Belwind wind farms to assist the Belgian anti-terror corps in the security drill last Wednesday.During the exercise, Esvagt Mercator was āhijackedā by soldiers on board outside the port of Ostendā¦
Genco to Install Scrubbers on up to 32 Ships
Dry bulk shipping company Genco Shipping & Trading Limited said it plans to install exhaust gas cleaning systems, or scrubbers, on its 17 Capesize vessels with options for installation on an additional 15 vessels ahead of new environmental regulations set to take effect in 2020.āBased on extensive evaluation and analysis, we plan to fit our Capesize vessels with scrubbers given their trading patterns and higher fuel consumptionā¦
Chevron Eyes Houston Ship Channel for 2nd US Gulf Refinery
Chevron Corp wants to build or buy a refinery along the U.S. Gulf Coast to process crude oil from its rapidly growing Permian Basin operations, a senior executive said on Tuesday.The company would like to have refining operations on the Houston Ship Channel, in the western part of the U.S. Gulf, to complement an existing eastern Gulf refinery in Mississippi that makes lubricants and other materialsā¦
Hydrogenics Opens California Facility
With fuel talk dominating maritime discussions, it's worthy to note that Hydrogenics Corporation ā a developer and manufacturer of hydrogen generation and fuel cell power modules ā opened a new North American facility in Carlsbad, Calif. Located near San Diego, the site will primarily focus on the integration of hydrogen fuel cell systems into heavy-duty truck and bus platforms for customers in Californiaā¦
Trident Alliance calls for Adoption of Non-Compliant Fuel Carriage Ban
Trident Alliance, the shipping industry initiative for robust enforcement of maritime sulphur regulations in the interest of the environment, called for adoption without delay of IMO carriage ban for fuel with sulphur content over 0.5%, as a means for the successful implementation of the 2020 sulphur cap.At MEPC 73 in October IMO Member States must formally adopt the carriage ban on non-compliant fuels for implementation in 2020ā¦
Global Recreational Boat Market to Reach $50 Bln by 2023
The global recreational boat market is expected to reach revenues of more than $50 billion by 2023, growing at a CAGR of approximately 4 percent during 2017-2023, said a research report.The exponential growth of the travel and tourism industry across the European region will positively impact the development of the global market, said the market report by Arizton on the global recreational boat market."Theā¦
Star Bulk Carriers Announces $310mln Loan for Vessels, 50 Scrubbers
Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in Star Bulkās fleet. According to a press release from the global shipping company focusing on the transportation of dry bulk cargoes, DNB Bank, acted as the Mandated Lead Arrangerā¦
Yara Marine Has Big Expectations for 2019
Many shipowners are scrambling to comply with the tough, new the International Maritime Organization (IMO) fuel global sulfur limit of 0.50 percent m/m, which takes effect January 1, 2020.It is expected that after the rules swing into force, the light-heavy fuel price spread will likely spike and refining margins will be higher, particularly for complex refineries.Shipowners have to stay ahead of the gameā¦
MarTID 2019: Autonomous Operations and the Future Mariner
By Michael Manuel, Associate Professor, Head - Maritime, Education and Training (World Maritime University);Murray Goldberg, President and CEO (Marine Learning Systems); and Greg Trauthwein, Editor & Associate Publisher (New Wave Media)The second annual global Maritime Training Insights Database survey examines the impact of the autonomy trend in maritime operations on the training of future āseafarersāTheā¦
US Navy Rescues Sri Lankan Fishermen
A U.S. Navy destroyer aided seven distressed mariners whose fishing boat had been rendered inoperable after suffering an engine malfunction.The Arleigh Burke-class guided missile destroyer USS Decatur (DDG 73) was conducting a routine patrol in the waters south of Sri Lanka on Sunday when watch standers sighted a fishing vessel with fishermen on board frantically waving rags in the air.After pulling alongside the fishing vessel in a rigid-hull inflatable boat (RHIB)ā¦
EU Readies 'Polluter Pays' for Ship Waste
The Transport Committee of the European Parliament adopted the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur to start negotiations with the Council to finalise the text of the new law.The European Sea Ports Organisation (ESPO) welcomes in particular the proposal to strengthen the āpolluter paysā principle by discouraging the delivery of unreasonable quantities of garbageā¦
