Horizon News

19 Apr 2019

Oil Spill Dispersant Market to Reach $23.6bln by 2026

Oil spill containment. Image: Canadyne Technologies

The global Oil Spill Dispersant Market is anticipated to grow at a constant CAGR around 3% during the forecast period 2019 to 2026 and reach the market value around USD 23.6 billion.The growth of the market for oil spillers depends directly on the frequency, the time and volume of petroleum spill events, said a market report by Acumen Research and Consulting.Oil pollution is a common term for seawater, land water or land contamination due to oil release due to an accident or human error. Oil contamination is spread throughout the world and is boiled both onshore and offshore.

18 Apr 2019

DP World, SMS Launch Boxbay

Image: BOX BAY FZCO

Global ports operator DP World and industrial engineering firm SMS Group announced "Boxbay", a new and 'smart' shipping container storage system that aims to change the way that containers are handled in ports.The patented design and rack structure of the system creates unique advantages with containers stored up to eleven stories high, delivering the capacity of a conventional terminal in a third of the surface area.By being fully automated it has direct access to each container, eliminating unpaid and unproductive reshuffling.

16 Apr 2019

INSIGHTS: Metal Shark's Chris Allard

Metal Shark CEO Chris Allard

A naval architect and graduate of the Webb Institute, Co-Owner/CEO Chris Allard introduced the engineering-centric approach that has fueled Metal Shark’s growth; driving innovation and transforming the company from a regional builder to a globally recognized industry leader.A member of the ownership team since 2005, Mr. Allard has overseen the expansion of Metal Shark from several employees to over 350. Under Mr. Allard’s direction, Metal Shark has successfully captured over $500…

08 Apr 2019

NAVTOR NavBox Certified Cyber Secure

Photo: Navtor

Set against the background of increasing cyber threats to the maritime industry, e-Navigation specialist NAVTOR has moved to demonstrate the integrity of its innovative NavBox solution with ‘cyber secure’ certification (IEC 61162-460 Gateway) from DNV GL. NavBox, which automates the distribution and updates of digital charts, publications and other navigational data, now guarantees both complete regulatory compliance and security for an increasingly digitized generation of shipowners…

29 Mar 2019

Conrad Industries Announces 2018 Results and Backlog

Conrad Industries has announced its 2018 results and backlog.The company had net income of $198,000 and earnings per diluted share of $0.04 for the twelve months ended December 31, 2018 compared to net loss of $2.1 million and loss per diluted share of $0.42 for the twelve months ended December 31, 2017. Results for the year ended December 31, 2018 includes $7.5 million from the Deepwater Horizon Court-Supervised settlement. The company’s financial reports are available online.The backlog as of December 31…

29 Mar 2019

Bibby WaveMaster Horizon Launched

Bibby WaveMaster Horizon is a new DP2 walk-to-work vessel built for Bibby Marine Services (Photo: Damen)

A second service operations vessel for Bibby Marine Services has been launched and christened during a ceremony at Damen Shipyards Galati in Romania, the shipbuilder announced Friday.The new vessel, Bibby WaveMaster Horizon, will begin maintenance work on two EnBW and Enbridge-owned wind farms in the German North Sea – Hohe See and Albatros – for Siemens Gamesa Renewable Energy and EnBW, upon delivery later this year.Damen said it developed the SOV 9020 vessel design through close consultation with the offshore renewables industry.

28 Mar 2019

Container Rates Alert: Box Industry Builds

File Image: Marad

Small yet significant rises in European import and export activity, combined with increased Far East imports and continued growth in US exports has fuelled a moderate improvement in long-term global container rates in March. The trend, identified in the latest XSI Public Indices report from Xeneta, builds on the positive rates development recorded last month, which effectively halted a decline underway since August 2018.Oslo-based Xeneta, a leading ocean freight rate benchmarking and market analytics platform…

28 Mar 2019

ESG Launches Another Z Drive tug for McAllister

The launching of the tug Jim McAllister. (Image CREDIT: ESG)

Eastern Shipbuilding Group has announced the launch of the Escort/Rescue ZDrive Tug CAPT. JIM McALLISTER for McAllister Towing on March 19, 2019.This Escort/Rescue Z-Drive Tug design provided by Jensen Maritime Consultants is currently under construction at Eastern’s Allanton facility. The vessel is scheduled to deliver later in 2019.Present at the launch was the Owners’ onsite representative, Jamie Thibodeaux of McAllister Towing with Eastern’s project manager Patrick D’Isernia. The CAPT.

27 Mar 2019

Interferry Seeks Change in Call for Papers

Interferry CEO Mike Corrigan

A call for papers addressing transformational change has been launched by global trade association Interferry ahead of its 44th annual conference in London this October.The conference theme is Innovation – and CEO Mike Corrigan stresses that preference will be given to topics highlighting step change rather than incremental improvements. “We want to explore ideas that could revolutionize every aspect of the ferry industry,” he notes. “That might cover anything from customer service, ticketing and IT to ship and terminal design, propulsion, insurance and finance.

26 Mar 2019

Can the Cruise Shipping Boom Continue?

MSC Cruises, the industry’s largest privately owned company, is in the midst of a $13 billion expansion which will bring its fleet, following the delivery of MSC Meraviglia in 2017, to 25 vessels by the mid 2020’s. Still on order are four Meraviglia class ships. Photo: MSC

As the global cruise industry enjoys it most robust period of growth ever, the question invariably becomes: How long can it last?Cruising, which is a blend of the hospitality and maritime businesses, continues to grow at a historic pace. The Cruise Trends & Industry Outlook publication from Cruise Lines International Association (CLIA) projects a passenger count of 30 million in 2019 – up nearly 2 million from the previous year. By year end 2019 CLIA members – a veritable ‘who’s who’ of the largest brands – will have 272 vessels…

21 Mar 2019

Marine Coatings: Moving with the Tide

Andreas Glud, Group Segment Manager, Marine, Dry Dock, Hempel A/S

The maritime industry has always followed a path of gradual improvement, albeit with many opting to travel the route of least resistance. In some ways, this is a good thing. A cautious approach to navigating change brings stability, assurance and predictability. This measured attitude toward managing change has been fundamental to ensuring that the commercial shipping industry remains the most financially viable transportation solution for moving most goods around the world. But…

20 Mar 2019

Nakilat Buoyant on LNG Shipping

Pic: Nakilat

Qatari marine company Nakilat said that it continued to push boundaries and successfully implemented several long-term growth strategies by strengthening its international presence and diversifying its fleet towards maintaining global leadership in liquefied natural gas (LNG) transportation.Nakilat is a shipping and maritime company with the world's largest LNG shipping fleet.Dr. Mohammed Bin Saleh Al Sada, the Chairman of Nakilat’s Board of Director, said that Qatar Gas Transport…

15 Mar 2019

Norden Expands into West Africa

Pic: Norden

Danish shipping giant Norden is opening an office in Abidjan, Ivory Coast, as part of the Company’s continued global expansion.The office will generate new business and focus on contributing positively to the development of the region, the dry bulk and tanker owner said in a press release.“Norden opens offices and employs people with a long-term horizon and that is also the case for our move into West Africa. We wish to come even closer to our business partners and increase our business presence and at the same time be part of and help the region develop by investing manpower…

06 Mar 2019

DNV GL Study on Wind Turbine Blades

Pic: DNV GL

The global quality assurance and risk management company DNV GL released an in-depth study, commissioned by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, which examines the challenges associated with manufacturing and deploying next-generation, increasingly larger land-based wind turbines.In the past decade, the U.S. wind energy industry has achieved significant improvements in energy production and cost efficiency, driven in part by increased turbine…

04 Mar 2019

CG Cutter Robert Ward Commissioned

 U.S. Coast Guard photo by Seaman Alex Gray

The Coast Guard commissioned a new, California-based 154-foot Fast Response Cutter in San Francisco, Saturday, March 2, 2019.The Coast Guard Cutter Robert Ward is the second of four Sentinel-Class Fast Response Cutters (FRC) to be homeported at Coast Guard Base Los Angeles-Long Beach.While these ships will be based in Southern California, they will operate throughout the 11th Coast Guard District, which includes all of California and international waters off of Mexico and Central America.“This cutter is specifically designed to face today’s threats in the maritime domain,” said Rear Adm.

21 Feb 2019

Oi: Tracking 50 Years of Ocean Innovation

Marine Technology Reporter published a supplement to celebrate the 50th anniversary of Oceanology International. Photo: MTR

As Oceanology International celebrates its 50th Anniversary, Marine Technology Reporter explores half a century of subsea technology development and discovery. Oceanology International Americas runs February 25-27, 2019 in San Diego.When Oceanology launched in 1969 in the seaside resort of Brighton the world was a very different place. For a start, Brighton was home to the mods and rockers, who would square off against each other on the town’s elegant seafront. The British currency included shillings and ha’ pennies and man had yet to step foot on the moon.More crucially…

20 Feb 2019

Book Review: Casey the Container

Bringing the world of containerized cargo to young readers.This rhyming children’s book follows Casey the Container, a new shipping container, along her journey on her first day in port. Casey meets new friends, experiences the workings of the waterfront, and learns the important role containers play in our world. The story, as told from Casey’s perspective, provides operational insight about the movement of containerized cargo. Eighty-five percent of goods used within the world are transported in shipping containers arriving on container ships.In sharing Casey’s journey…

13 Feb 2019

Hapag Lloyd CEO: Trade Spats Could Dampen Shipping Growth

Rolf Habben Jansen (Photo: Hapag-Lloyd)

An escalation of tariff wars between China and the United States could dampen growth in international container shipping as operators pre-emptively brought forward business in the second half of last year, Germany's Hapag Lloyd said."Many customers tried to get their goods through to the U.S. ahead of time in second half 2018, creating additional growth," Rolf Habben Jansen, chief executive of the company that is the world's fifth biggest shipping liner, told reporters in Hamburg on Tuesday."That points to some business having been brought forward…

12 Feb 2019

IMO 2020: More than Fuel Choice

Image: TOTAL Lubmarine

With a year to go before the implementation of the 2020 Sulfur Cap, few topics will be higher on the list of priorities for shipowners than complying with Annex VI of the IMO MARPOL Convention (2008). However, the reduction of sulfur content in marine fuel from 3.5% to 0.5% in time for the deadline means more than identifying a strategically suitable fuel choice. The importance of choosing the correct lubricant, coupled with incorporating the relevant supporting is also a vital consideration.As both a global lubricant supplier and as a part of the wider Total Group…

07 Feb 2019

OSRL Launches UAV Services for Members

Photo: OSRL

Oil Spill Response Ltd (OSRL) has expanded its member offer with the launch of an Unmanned Aerial Vehicle (UAV) service. The new service aims to enhance preparedness and response capabilities to better support members’ needs in the event of a spill.To facilitate the service on a global basis, and to ensure the shortest time to mobilization, OSRL has signed ‘call-off agreements’ with a number of third-party UAV providers around the world. Launch partners for the service include Bristow Aerial Solutions, Sky-Futures and Vertical Horizon Media.

05 Feb 2019

C-Enduro Delivered to Royal Navy

Photo: L3 ASV

L3 ASV has announced the successful delivery of a long-endurance autonomous vessel known as the C-Enduro to the Royal Navy. The C-Enduro will be used for military data gathering trials by the Mine countermeasures and Hydrographic Capability (MHC) program as the Navy seeks to exploit autonomous technology.The 4.8-meter autonomous vessel is equipped with 10 sensors combining scientific and hydrographic survey equipment. The vessel operates using L3 ASV’s proprietary control system…

29 Jan 2019

ESG: Steel Cutting for USCGC ARGUS is Underway

Photo courtesy of ESG

Eastern Shipbuilding Group reports that steel cutting for the first offshore patrol cutter (OPC), Coast Guard Cutter ARGUS (WMSM-915), commenced on January 7, 2019 at Eastern’s facilities. ESG successfully achieved this milestone even with sustaining damage and work interruption due to Hurricane Michael. The cutting of steel will start the fabrication and assembly of the cutter’s hull, and ESG is to complete keel laying of ARGUS later this year. Additionally, ESG completed the placement of orders for all long lead time materials for OPC #2…

28 Jan 2019

Study Prompts Investments in LNG as Marine Fuel

Image: SEA\LNG

A new study by the consulting group SEA/LNG reveals “a strong investment case” for LNG as a marine fuel in the container shipping market.The study was commissioned from the independent simulation and analytics company Opsiana in order to provide shipowners and operators in analyzing investment opportunities, said a press release from SEA\LNG.Peter Keller, Chairman, SEA\LNG, said: “We commissioned this study from independent simulation and analytics expert Opsiana to support shipowners and operators in analysing their investment opportunities in an informed way…

Maritime Reporter Magazine Cover Apr 2019 - Navies of the World

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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