The USD1trln African Maritime Industry Mulls Further Growth
The blue economy can be the engine of economic growth, the basis of socio-economic development and industrialization for many African countries, if well utilized.The maritime industry, for example, is estimated at over $1 trillion, and there are other related and emerging sectors of tourism, offshore renewable energy, aquaculture, seabed extractive industries, marine biotechnology and bio prospecting.Said Adejumobi, Southern Africa Director, UN Economic Commission for Africa (ECA) said that the Economic Commission for Africa is fully committed to supporting the African Union…
EU Commission Proposes New Fund for Maritime Economy
For the next long-term EU budget 2021-2027, the Commission is proposing EUR 6.14 billion under a simpler, more flexible fund for European fisheries and the maritime economy. The new European Maritime and Fisheries Fund will continue to support the European fisheries sector towards more sustainable fishing practices, with a particular focus on supporting small-scale fishermen. It will also help unleash the growth potential of a sustainable blue economy towards a more prosperous future for coastal communities.
Selektope Antifouling in demand at Korean Shipyards
As global water temperatures increase, global ‘biofouling hotspots’ in subtropical/tropical areas are intensifying, exposing newbuildings at the world’s major shipyards to greater risk of hard fouling during the outfitting process. The effects of intense hard fouling on idle newbuilds can have great impact on a newly applied hull coating and on a vessel’s performance in sea trials. In response to this problem, a new antifouling coating specifically targeting hard biofouling prevention during the outfitting period was brought to market by Danish marine coatings specialist Hempel in late 2017.
EC Pumps €7.5 Mln into the Maritime Sector
European Commission invests over €7.5 million under the European Maritime and Fisheries Fund to boost innovation, growth and jobs in the marine and maritime sectors. The European Commission is investing over €7.5 million to boost innovation and create jobs in the marine and maritime sectors. The money is available under the European Maritime and Fisheries Fund and divided in calls for proposal focusing on the key areas where the European Union can have the biggest impact: skills, creativity and technology.
I-Tech Gets Large Market Recognition of Selektope
Following the approval of Selektope under the EU’s Biocidal Products Regulation, developer I-Tech reports extraordinary uptake for antifouling coatings that include the industry’s first pharmacological means of combatting barnacle settlement. In the first month of 2016, orders amounted to double the volume achieved during the whole of 2015, with antifoulings including Selektope being applied for complete hull coating projects. I-Tech CEO Philip Chaabane says that the higher than…
SulNOx, LR Join Forces to Promote SulNOxEco Fuels
SulNOx Fuel Fusions Plc. (SulNOx), the leading global producer and supplier of fuel emulsion technology, and Lloyd’s Register (LR), a leading technical, business services organisation and maritime classification society, today signed an agreement that will see LR provide verification, testing, technical support and consultancy services throughout the process of SulNOxEco Fuels’ commercial deployment. The agreement will see LR provide a stringent technical assessment of SulNOxEco Fuels…
New Binding Law of The Sea Agreement Advanced
The U.N. General Assembly (UNGA) last week adopted a formal resolution to develop a legally-binding treaty for the conservation of marine biodiversity on the ‘high seas’. The new ocean regulations are proposed to include: area-based management tools, such as marine planning and marine protected areas; environmental impact assessment (EIA) requirements; the transfer of marine technology; and a regime for managing marine genetic resources, including benefit-sharing. These developments have potentially significant implications for ocean economic activities, such as shipping, oil and gas, cruise tourism, fishing, marine mining, biotechnology, submarine cable, as well as for related sectors, such as maritime law, insurance and investment.
The Hydroptere Flies with Finesse
After a year resting in Long Beach, the Hydroptere returns to sailing. French and American sponsors are joined by a new partner: Finesse Solutions of Santa Clara (California), a manufacturer of measurement and control solutions for life sciences process applications. The Hydroptere - called "the flying boat" - is the fastest hydrofoil trimaran in the world, averaging more than 51 knots over 500 meters and exceeding 50 knots over one nautical mile. The crew of Hydroptere intends to set a world speed record across the Pacific Ocean from Los Angeles to Hawaii.
Foster Wheeler For Air Quality Control System Upgrade In West Virginia
Foster Wheeler AG announced today that a subsidiary of its Global Power Group’s Environmental and Industrial division has been awarded a contract by Longview Power, LLC to rehabilitate and optimize the wet flue gas desulfurization system at their existing 700 MWe (net megawatt electric) Longview Power facility in Maidsville, West Virginia, USA. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s third-quarter 2014 bookings.
Foster Wheeler Signs Agreement With BOC to Replace Heat Exchangers
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management (EPCm) services agreement with BOC, a member of the Linde Group, for the installation of replacement heat exchangers at BOC’s Teesport facility, Teesside, in northeast England. The Foster Wheeler contract value was not disclosed and was included in the company’s first-quarter 2014 bookings. Under this agreement…
Foster Wheeler Wins Contract For Retrofit-SCR System
Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Turun Seudun Energiantuotanto Oy (TSE) for the design, supply and erection of a retrofit-selective catalytic reduction (SCR) system for TSE’s Naantali unit 3 in Finland. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s bookings for the second-quarter of 2014. Commercial operation of the SCR system is scheduled for October 2015.
Aker Philadelphia Shipyard forms Philly Tankers
Aker Philadelphia Shipyard and financial sponsors, including American Shipping Company and funds affiliated with Apollo Global Management, create pure play Jones Act shipping company, Philly Tankers. Aker Philadelphia Shipyard ASA (OSE: AKPS) is pleased to announce the planned establishment of Philly Tankers AS, a Norwegian limited liability company, and its wholly-owned subsidiary, Philly Tankers LLC, a Delaware limited liability company (together “Philly Tankers”). Philly Tankers…
Foster Wheeler's Terrace Wall Steam Reformer Heater For Kazakhstan
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Marubeni Corporation for the engineering and material supply of a new Terrace Wall steam reformer heater, including an air preheating system, for the KazMunayGaz oil refinery located at Atyrau, Republic of Kazakhstan. The value of Foster Wheeler’s contract was not disclosed and was included in the company’s first-quarter 2014 bookings.
CaroTrans Launches Direct Le Havre to Houston
Strategic European hub location offers fastest transits from France to U.S. Gulf. CaroTrans announced a new, weekly LCL export service from Le Havre, France to Houston which will commence April 5. This direct service shortens shipping time by 5-11 days for freight moving from France to the U.S. Gulf region including: Houston, Dallas, San Antonio, El Paso, Laredo Austin, New Orleans, Tulsa, Oklahoma City, as well as Los Angeles on the West Coast. The Le Havre departure point eliminates the congestion, delays and additional handling associated with routing via Antwerp and Rotterdam.
XPRIZE Opens Registration for $2M Ocean Health Competition
XPRIZE announced that team registration is open for the $2 million Wendy Schmidt Ocean Health XPRIZE, a competition to incentivize breakthroughs in ocean pH sensor technology that will radically transform our understanding of ocean acidification. Teams are expected to come from diverse backgrounds, ranging from nanotechnology and biotechnology to industrial chemistry and marine science -- from academic institutions, nonprofit organizations and small and medium enterprises. Or…
Registration Open for Oceanology International
Registration for the largest-ever Oceanology International (ExCeL London, March 11-13, 2014) is now open at oceanologyinternational.com. With 520 exhibitors from 35 countries taking up over 8,000 m2 net of space, the biennial global forum is where industry, academia and government come together to share knowledge and connect with their peers in the marine technology and ocean science community, thus improving their strategies for measuring, exploiting, protecting and operating in the world’s oceans. “It is not only the exhibition that is record-breaking, we have an impressive series of eight conferences and three highly topical panel discussions planned by the industry for the industry,” explained Event Director, James Coleman of Reed Exhibitions.
UPI Name Tim Brown Senior V-P Business Development
UniversalPegasus International (UPI) is a company with a global reach in engineering, project management & construction management for the energy industry, headquartered in Texas. Brown has more than 30 years of experience in the engineering and construction sectors. He comes to UPI from Jacobs Engineering where he held the position of Global Vice President, Inside Sales and Marketing. He was responsible for downstream, upstream, chemicals and pharmaceuticals/biotechnology business unit sales, with regional focus on North America, India and the Middle East.
BIO Responds to Navy's 'Green Fleet' Criticisms
“The criticisms of the Navy’s upcoming demonstration of advanced biofuels leveled by the oil refinery industry have no real merit. “Achieving energy security is critical to national security and military readiness, and the domestic advanced biofuel industry is attempting to do its part to help the U.S. military reach its goals. It is clear that our military cannot achieve energy security by continuing to depend on foreign oil. Liquid fuels are needed to fly planes and sail ships, so biofuels are critical components of military energy security. “U.S. taxpayers spend $80 billion each year for the U.S. military to defend international oil shipping lanes in the Persian Gulf and elsewhere.
Egyptian MTC Selects Paramarine Design Software
Paramarine advanced marine design software, developed by QinetiQ GRC, has been selected by the Egyptian Military Technical College (MTC) to support the teaching of ship and submarine design. MTC is one of Egypt’s leading technical colleges and has evolved into a comprehensive teaching centre of national and international prominence. MTC offers a wide range of courses including electrical, mechanical chemical, aerospace and civil and architectural engineering, offering more degree programs than any other college of engineering in the country. MTC also ranks among the top research facilities in Egypt. The college's faculty and students are involved in more than 30 research projects in fields ranging from biotechnology to materials…
New Strathclyde Marine Institute, Glasgow
A new institute dedicated to pioneering research and technology for the marine sector has been launched at the University of Strathclyde in Glasgow. Scotland's Chief Scientific Adviser, Professor Anne Glover, met with researchers from the institute, which aims to contribute to the UK's marine economy by providing industry and government with cutting-edge research into marine energy, the environment and transport. The Strathclyde Marine Institute will combine expertise from the fields of engineering…
Rowley President, Lloyd’s Register Asia
Lloyd’s Register has appointed John Rowley as its new President for Lloyd’s Register Asia. He succeeds John Stansfeld who has returned to London to drive the implementation of the organization’s new Group strategy. Rowley joins the Group after a 14-year career with Ecolab Inc, a Fortune 500 multi-national corporation operating in the industrial chemicals sector, where he most recently held the position of Vice-President and Managing Director for Asia. As President for Lloyd’s Register Asia…
UNO - 50 Years in Higher Ed
The University of New Orleans (UNO) community is in the midst of celebrating the school's 50th anniversary. Since opening its doors to local students on September 5, 1958, UNO has made monumental contributions to the community through its educational and community efforts. Built on an abandoned Naval Air Station on the south , UNO was created as a citizen's movement to improve tax-supported education. The university was originally known as in and remains part of the LSU System. UNO opened in 1958 with 63 faculty members and nearly 1,500 students at a cost of $15 per semester.
Ensolve Earns Type Approval
EnSolve Biosystems announced that it has received U.S. Coast Guard and International Maritime Organization (IMO) type approval for its new PetroLiminator® 100 Oil Water Separator. The PetroLiminator 100 uses a patented biotechnology process to remove oil and other hydrocarbon wastes from ships’ bilge water, so it can be safely discharged overboard in environmentally sensitive waters. The system contains safe, non-pathogenic bacteria that actually “eat” the oil, grease, transmission fluid and other hydrocarbons in the bilge water. The U.S. Coast Guard type approval certifies that the system meets U.S. and international clean-water regulatory standards for overboard discharge.