Norway's Kleven says it has signed a contract with Rem Offshore for the building of a Wärtsila Ship Design PSV specially designed to operate in challenging arctic conditions. They explain that the type VS 485 MK III ARCTIC design includes a number of features for ice prevention and de-icing, and hull and propulsion systems will have ICE-1B class. 'We highly appreciate the close cooperation we have with Rem Offshore, and the fact that they again have chosen to order a new vessel from Kleven,' says Ståle Rasmussen, CEO of Kleven. 'When this vessel gets delivered Q2 2015, it will be vessel number 18 from Kleven to Rem since 2006. It is a unique story,' Rasmussen said. 'Our two organisations know each other very well, ensuring a smooth building process.' 'It is a pleasure for us to be able to use a local ship yard and local suppliers, and our experience with this design is solid,' said ship owner Åge Remøy. About Kleven Kleven Verft in Ulsteinvik, Norway builds advanced offshore vessels. The yard has efficient facilities for early installation and assembly on the slipway. The company uses the module-based building method, and the modules are assembled on the slipway.
One of the X-BOW vessels designed by ULSTEIN, the seismic vessel ‘Polarcus Alima’, recently transited to Asia-Pacific via the Northern Sea Route (NSR). This is the first known passage of a 3D seismic vessel along the Northern Sea Route. Her passage commenced on September 15 from Hammerfest in Norway after completion of seismic operations in the Barents Sea. After only nine days and 3,000 nautical miles the vessel reached Cape Dezhnev in the Bering Straits
Tailor-made cover helps DGS secure 6 percent growth in 2016 P&I renewals; total BE&O tonnage exceeds 5 million metric tons DGS Marine, a global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, announced growth figures following the completion of P&I renewals, with premium growth of 6 percent, tonnage growth of 12 percent and total vessel numbers up by 17 percent.
Excellent financial results have been reported by the Shipowners’ Club for the trading year ending February 2011. Positive growth or improvements across almost all parameters have been recorded, from increased tonnage and numbers of vessels entered, to an up-lift on gross earned premiums to US$196.8 million (up 13% on last year) and an underwriting surplus of US$25.2 million. Chairman of the Club, Donald MacLeod puts the recent success of the Club down to the diversity of its
Despite a fall in the overall number of vessels forecast to be delivered from shipyards until 2007, the value of the propulsion systems installed in newbuilds is expected to show a rise from 2004, reaching nearly $5-billion by 2007 on the strength of increasing power requirements. A new business study entitled The World Marine Propulsion Report 2003-2007* predicts that newbuild deliveries measured by tonnage will grow by four-percent over the five years
The U.S. Coast Guard has collected the following nationwide compliance data on both the international code and the U.S. law. These numbers are current as of noon, July 2, but are not final and are subject to change. ISPS compliance numbers for July 2 Total foreign vessel arrivals on July 1: 228 Number of foreign vessels (included above) inspected and approved before July 1: 131 Number of foreign vessels inspected in port on July 1: 120
While the impact of poor freight rates and low oil prices have been felt in all quarters of the Scandinavian maritime industries, the region's hull underwriters and P&I Clubs continue to benefit from the relatively strong domestic shipping and energy sectors. Scandinavian marine insurers have demonstrated resilience in challenging market conditions. The global hull market remains in a downswing of unusual severity. As for the P&I sector, the past 12 months have had a nervous character
The "Nontank Vessel Response Plans and Other Response Plan Requirements" (NTVRP) final rule, which was published in the Federal Register on September 30, 2013, requires vessel owners or operators of nontank vessels 400 gross tons and above to prepare and submit oil spill response plans for vessels operating on the navigable waters of the United States. Additionally, the final rule requires the submission of a Vessel Response Plan (VRP) Control Number with the
Despite the decrease in the number of ships, the fleet under Greek management still ranks first in world according to Clarksons. Greece's merchant fleet still ranks first in the world both in number of ships with 20% of the world's fleet, and about 15% of its capacity, according to Clarksons. According to Allied ShipBroking, Greek shipowners were the leaders in ship buying and selling in 2011. The tonnage of merchant ships (over 100 GRT) under the Greek flag increased to 43,397
Reuters – Overcapacity threatens to derail a fragile recovery in the global shipping sector as ship owners and investors place orders for new vessels betting on better times, according to a recent survey. Ship owners ordered large numbers of vessels between 2007 and 2009, just as the global economy sank into its biggest crisis since the 1930s. In recent months, prospects have brightened as the sector absorbs the tonnage as well more positive signs for world trade
A U.S. Coast Guard crew was conducting regular aids-to-navigation maintenance when they found a buoy submerged near Block Island, R.I. When the crew raised the 12,000-pound buoy on Monday, they discovered it was riddled with 20 bullet holes.
AIDA Cruises has taken delivery of the 12th vessel of its fleet, AIDAperla, from Japanese shipbuilder Mitshubishi Heavy Industries (MHI). The vessel was commissioned April 27 at a ceremony in Nagasaki, Japan in the presence of Michael Thamm, CEO Costa Group; Felix Eichhorn
A European Union counter-piracy patrol helped thwart a piracy attack close to Somalia’s east coast on April 22. Late on Saturday evening, EU NAVFOR’s Spanish flagship, ESPS Galicia, received a SOS distress call from the master of Sierra Leone flagged merchant tanker vessel MT
New vessels expected to hit freight rates; new trade route from east U.S. to Asia to meet Chinese demand. The tanker market may face a "difficult" second and third quarter this year after a robust first quarter as supply of newly built vessels loom
Port Newark Container Terminal (PNCT) handled a record number of container volumes without disruption to its customers following its January 2017 upgrade to the N4 terminal system. The move to Navis N4 is part of PNCT’s $500 million infrastructure modernization project that is expected to
Approximately 130 million Chinese citizens travel internationally, making China the world’s largest outbound travel market in the world. With one-sixth of the world’s population, many recognize this country as a market with huge potential.
Owner and operator of dry bulk and container vessels Navios Maritime Partners L.P. said it has reached an agreement to acquire Rickmers Maritime’s entire containership fleet. The deal, worth about $113 million, will see Navios Partners acquire 14 container vessels from Rickmers Maritime
Korea Gas Corp has launched a tender seeking to buy liquefied natural gas (LNG) cargoes for delivery in June and July, trade sources said on Thursday. The scope of the company's demand is unclear as each supplier has a limit on the number of cargoes it is allowed to offer
IMO 2020 sulfur cap: lube producers take a pragmatic approach There has been little reaction by way of statements or position papers from marine fuel lubricant manufacturers to the IMO MEPC70 proposals for a global fuel sulfur content cap of 0
Nearly 9,000 mainly African migrants were rescued in the Mediterranean this past long weekend after being put by smugglers in Libya onto unseaworthy boats heading toward Italy, U.N. aid agencies said on Tuesday. The migrants, many from Nigeria and Senegal with some from Bangladesh
Californian Port of Los Angeles has seen its volumes increase by 10 percent in the first quarter of 2017 as it handled a total of 2.23 million TEUs in the three-month period, compared to 2 million TEU seen in the same quarter a year earlier.
There are a variety of jurisdictional lines in the water. The first line to be considered is the national boundary between two adjacent or nearby countries. Adjacent countries tend to draw agreed boundaries extending their shoreside boundaries, with accommodations for headlands, capes, etc
Vigor said it has entered into an agreement to purchase a drydock from a Korean seller, continuing the shipbuilder’s ongoing infrastructure investments and expansion of U.S. West Coast drydock capacity. At 640 feet long with a clear width of 116 feet, the new dock will be the third
Repair work at a Basra oil jetty damaged by a tanker collision last month were completed on Sunday, two officials at state-run South Oil Company told Reuters on Monday. Crude exports from the Basra terminal were not affected by the collision that happened on March 24
Krill Systems Inc. said it has completed its phase 2 product development cycle with the recently introduced Krill Regasification Monitoring Center (KRMC). Krill identified this phase of its business plan as the ability to supply a comprehensive range of energy monitoring products which