Aries Maritime Transport Provides Update on the Bora
Aries Maritime Transport Limited announced that it has withdrawn the Bora, a 2000- built double-hull products tanker, from the vessel's charter with PDVSA, and is currently marketing the vessel for a new charter. Mons S. Bolin, President and Chief Executive Officer, commented, "Rates for products tankers remain firm and we are actively pursuing a new charter for the Bora in the international market. We remain committed to employing our vessels on period charters with leading charterers in order to provide shareholders with a stable revenue and dividend stream."
BSEE Updates Hurricane Reporting Requirements
BSEE is providing updated guidance for the current and future hurricane seasons through a Notice to Lessees (NTL) released July 27, 2015. NTL 2015-G02 clarifies reporting requirements related to personnel evacuation, production curtailment, and shut-in activity. These reports are received and processed within BSEE’s hurricane response team and is required to help mitigate risks associated with hurricanes and tropical storms on the Outer Continental Shelf (OCS).
Aries Maritime Provides Update on the Ostria
Aries Maritime Transport Limited announced the Ostria, a 2000-built products tanker, has returned to service effective January 13, 2008 following the completion of previously announced repairs and preventative maintenance works. The vessel is currently deployed in the spot market as the Company explores period charter opportunities. Aries has received an initial payment of approximately $850,000 in respect to its claim under repairs insurance for the Ostria
Royal Caribbean Cruises Added to NASDAQ Sustainability Index
Royal Caribbean Cruises Ltd (RCL) recognized as one of the top 100 companies in the world for its sustainability practices. The NASDAQ OMX CRD Global Sustainability Index is designed to track the performance of companies that are taking a leadership role in sustainability performance reporting. These companies have voluntarily disclosed their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity
Middle East Remains Only Low-cost Oil Source: New IEA Report
The rising demand for cleaner and flexible energy from two emerging major economies, China and India, may keep the petrochemical market tight, although the shale gas boom in the US is disturbing energy markets around the world, considers the International Energy Agency's (IEA) 'World Energy Outlook, 2013'. Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies
ABS' New Condition Monitoring Guidance
Guidance Notes and Guide provide information for choosing monitoring techniques and insights for achieving classification. ABS has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring Techniques helps owners choose appropriate monitoring techniques, and the ABS Guide for Surveys Based on Machinery Reliability and Maintenance Techniques provides updated methodologies for achieving classification notations applied to machinery
American Superconductor Provides Update
American Superconductor Corporation issued an update on recent advances in the utilization of high temperature superconductor (HTS) wires in electric power applications, including power generation, transmission and distribution, and ship propulsion electric motors. Power Generation: On October 28, GE announced its plans for the development of high efficiency electric generators based on high temperature superconductor (HTS) wires (see
Maritime World Joins Together at Asia Pacific Maritime 2001
With an expanded profile and vast interest from the marine industry, this year's Asia Pacific Maritime is scheduled to be the largest ever since its commencement in 1990. The exhibition, which will be held from September 5-7, 2001 and organized by PSA Exhibitions and Reed Exhibition Companies, is expected to draw key industry members from more than 500 companies worldwide. International participation is from 12 country groups — including Belgium, China, Denmark, France and Norway.
ABS Wins Classification Award
At the 5th Annual International Maritime Awards, presented at ShipTek, ABS received Marine BizTV’s award of Best Classification Society. The occasion marks the second year the society received the award. “Service delivery is paramount to our classification society,” said ABS Regional Vice President, Middle East Region, Joe Brincat. “We have maintained our focus on providing additional technical and software services to enhance our class services
N. American World Maritime Day Observance features Piracy, Stewardship, Safety
Piracy will be the focus of this year’s North American World Maritime Day Observance being held in Tampa, FL on October 27th followed by a US Coast Guard Missions conference on October 28th which will feature panel discussions on the stewardship, safety and security missions of the Coast Guard. Both events will be held at the Marriott Waterside in Tampa and are free and open to the public. North American regional representatives from industry
Florida Navy Bases Prepare for Irma
Navy installations throughout Florida are preparing for heavy weather as Hurricane Irma approaches South Florida. Commander, Navy Region Southeast, Rear Adm. Bette Bolivar, directed the evacuation of non-essential personnel and family members from Naval Air Station Key West, Florida, Sept. 5. "Their safety and security is a top priority," Bolivar said. Approximately 50-60 mission essential personnel are remaining behind to maintain essential functions on the
Ocean Guardian: Simplifying Environmental Compliance
Environmental compliance challenges are nothing new to the cruise industry. Initiatives to enhance environmental compliance, from clean technologies to improved processes and procedures, have significantly reduced the impact cruise vessels have on the environment and improved the quality of discharge. These onboard initiatives address what is in the vessel’s control, but cannot simplify the increasingly complex regulatory environment in which cruise lines operate.
Implementation of Standards On Board Ships Matters
Once technical standards have been developed by IMO and adopted into national laws, the next step is implementation on board ships. This is the role of both flag States, who issue surveys and certificates, as well as port States, who can inspect all ships in their ports. The Sub-Committee on Implementation of IMO Instruments, meeting this week for its fourth session (III 4, 25-29 September) provides a forum where all matters relating to implementation are discussed.
Maritime Policy for Good Governance
The latest in a series of workshops around the world to provide training in the development, adoption and updating of a National Maritime Transport Policy (NMTP) has been held in Bangkok, Thailand (9-11 October). The event highlighted the importance of a national maritime transport policy as a good mechanism for improved maritime governance in a sustainable manner. The Marine Department of Thailand hosted the workshop
NMTP Training in Antigua and Barbuda
A three-day National Maritime Transport Policy (NMTP) workshop has been held in St. John’s, Antigua and Barbuda (16-18 May). The event provided valuable knowledge and skills to those involved in the development, adoption and review of a NMTP in the country. The exercise is part of a series of workshops and seminars being delivered in various regions of the world to provide training to interested International Maritime Organization (IMO) Member States in the
ABS Expands Guidance for Fire Protection on Containerships
ABS has updated the ABS Guide for Fire-Fighting Systems for On-Deck Cargo Areas of Container Carriers (FOC Guide), expanding its industry-leading guidance to the existing containership fleet. The FOC Guide goes beyond International Maritime Organization (IMO) requirements for container deck firefighting capabilities by supporting owners in navigating risks based on the unique characteristics of each container load
Wärtsilä introduces its Eniram SkyLight 2.0
Eniram, a Wärtsilä company, has introduced a major update to its performance monitoring system targeted at commercial shipping operators. The Eniram SkyLight 2.0 adds nautical maps, weather layers, and route importation to make predictive analysis and proactive planning more available. The updated system can visualise a vessel’s route from economic, environmental, and safety perspectives.
BP in Talks with Sirius for Ororo Offtake
Nigeria's Sirius Petroleum has said that it is in talks with BP, regarding an offtake and pre-payment facility to support the financing of Sirius's proposed drilling programme on the Ororo field in Nigeria. According to the company, the discussion involves an offtake and pre-payment facility to support the financing of its planned drilling programme on the field. “Discussions with BP, and other parties regarding financing
Kirby Corp Acquires Stewart & Stevenson
Houston based tank barge operator Kirby Corporation said it has signed an agreement to acquire the assets and businesses of Stewart & Stevenson LLC for approximately $710 million. The agreement was signed on June 13 by the companies’ executive chairmen, Joseph H. Pyne of Kirby Corporation and Hushang Ansary of Stewart & Stevenson. Kirby said the purchase will be funded through its revolving credit facility and common stock valued at approximately $355 million.
Reederei Hamburger Lloyd Chooses Sealink Plus VSAT
Hamburg-based shipping group Reederei Hamburger Lloyd will move its fleet of nine containerships and six bulk carriers to Marlink’s Sealink Plus VSAT package including unlimited L-band backup. Hamburger Lloyd is a long term customer of Telemar Germany and was looking for a communications solution that provides a quality link for downloading ECDIS updates, which is critical to the fleet’s navigational safety
Cooper Group Selects ABS for Sub M Services
ABS said it has been awarded a Third Party Organization (TPO) contract by the Cooper Group of Companies to support compliance with U.S. Coast Guard (USCG) Subchapter M requirements. “ABS anticipated the needs that would surface when the Subchapter M regulations were published and allocated resources to develop a range of solutions,” said ABS Americas Division President, Jamie Smith. “Today, we offer comprehensive services customized to individual fleet needs
El Faro Investigators Call for Better Weather Forecasting
New recommendations coming out of the investigation into the 2015 sinking of U.S. cargo ship El Faro call for efforts to improve the weather information available to mariners. All 33 crew on board died when the 790-foot El Faro sank close to the eye of Hurricane Joaquin near the Bahamas on October 1, 2015, two days after leaving Jacksonville, Fla. en route to Puerto Rico. Now, as part of its ongoing investigation into the incident
ABS Updates Advisory Ahead of 2020 Global Sulfur Cap
ABS said it has updated the ABS Advisory on Exhaust Gas Scrubber Systems (Scrubber Advisory) to help industry prepare for IMO’s 2020 global sulfur cap. Central to the impending 2020 global sulfur cap are requirements to reduce the sulfur oxide (SOx) emissions from ships. Installation of exhaust gas cleaning systems (EGCS), commonly referred to as scrubbers, is a potential solution for owners looking to comply with the upcoming requirements
Bunker Industry Prepares for Sulphur Limit in Ship Fuel
An audience of ship owners, fuel suppliers, traders and maritime technology providers attending the IBC Asia Bunkering conference in Singapore has heard about International Maritime Organization (IMO)’s latest work on low carbon shipping and air pollution control. IMO’s Edmund Hughes provided an update on the work being carried out by the Organization to support effective and consistent implementation of the 0
UKHO Supports HMS Queen Elizabeth in Portsmouth
The United Kingdom Hydrographic Office (UKHO) has supported the safe arrival of HMS Queen Elizabeth into Portsmouth by providing specialist marine geospatial and hydrographic expertise and data capabilities. Following initial dredging operations to make Portsmouth’s navigation channel and entrance deeper, hydrographic data was collected by the survey launch HMS Gleaner using modern multibeam echosounder technology to confirm the available water depth.