Norwegian PM Opens Johan Sverdrup Field
Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300,000 barrels per day.Johan Sverdrup is expected to yield a total production revenue exceeding NOK 1 400 billion and more than NOK 900 billion…
Van Oord, Hendrik in Lifting Equipment Deal
Dutch maritime contracting company Van Oord is partnering with compatriot company Hendrik Veder Group for the management of heavy lifting equipment for offshore wind turbines.Rotterdam-based company active in steel wire and fibre rope products and services said that under the terms of the two-year agreement, Van Oord will outsource its hoisting and lifting equipment management to the Hendrik Veder Group, with a focus on sustainable lifting.According to Michiel Pieterman, Offshore Wind Operations Manager at Van Oord: "This partnership enables us to use lifting equipment in a sustainable way.
IMO Launches Compendium
Streamlining the many administrative procedures necessary when ships enter or leave port is an important element of International Maritime Organization (IMO)'s work.And now, an important tool used by software developers to create systems for exchanging the relevant data electronically has been made available by the Organization online and free of charge.The IMO Compendium is a reference manual containing data sets and the structure and relationships between them, that will enable…
New Online Marine License Insurance Program
Mariners looking for insurance have a new option that is touted as being fast and affordable, cared for immediately in an online format that is designed to be more expedient than ever.360 Coverage Pros launched a new Marine License Insurance Program for mariners that offers an entirely online buying experience combined with low monthly payment options and instant proof of coverage.Until now, the process of securing a marine license insurance policy involved requesting quotes,…
AIS Data: History & Future
The Automatic Identification System (AIS) was developed with the sole goal of improving maritime safety by allowing ships in proximity to one another to automatically exchange information regarding their name, course, speed, type, cargo, etc. The exchange of this information would allow conning officers on each ship to make better decisions regarding the possibility of close encounters and the need to change course and/or speed. It would also make it easier for one ship to contact the other by radio-telephone to hopefully remove any doubt.
EMGS Wins Survey Contract
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) is participating in a sole-sourced tender process for a multi-year acquisition contract.EMGS has now received a letter of award for the contract. The multi-year call-off acquisition contract, awarded by one of the world’s largest national oil companies, has a minimum value of approx. USD 29.3 million, and a maximum value of approx. USD 73.3 million, over a two-year period.Based on current acquisition estimates…
Portugal Joins WISTA International
The Women’s International Shipping & Trading Association (WISTA) has welcome Portugal to the global network of executive women in shipping.The launch of WISTA Portugal was announced today by Ana Paula Vitorino, Portugal’s Minister of the Sea at Portugal Shipping. WISTA Portugal joins 44 other National WISTA Associations (NWAs).“WISTA International has had a strong relationship with Portugal’s women in shipping,” said WISTA International President Despina Panayiotou Theodosiou. “We are proud to formally include Portugal in the WISTA family.
MTU Engines for Fred. Olsen’s New Fast Ferries
Two new high-speed ferries to be run by Spanish ferry operator Fred. Olsen, S.A. are each to be powered by four MTU 20-cylinder 8000 M71L engines and by Kamewa waterjets from Rolls-Royce. The ferries will be 117m trimarans, designed by Austal Australia, and are to ply the waters around the Canary Islands along with the world’s largest aluminum fast ferry in operation, the Benchijigua Express. It is also planned to sign a maintenance agreement for both new ferries for a period of up to 8 years and a maximum of 24,000 hours of operation.
Alcatel Submarine Networks Bags Contract from Equinor
Digital technology developed in Norway will help improve recovery from the Johan Castberg field in the Barents Sea.Equinor has awarded Alcatel Submarine Networks a contract for permanent reservoir monitoring (PRM), which in turn has signed a letter of intent with Nexans Norway AS for delivery of subsea cable.“PRM is a central element of the digital strategy for Johan Castberg and will be an important tool in improving the Johan Castberg recovery rate,” says Johan Castberg project director Knut Gjertsen.The technology is developed in Norway…
Kongsberg Norcontrol Pact with Norwegian Coastal Administration
Kongsberg Norcontrol has signed a framework agreement with the Norwegian Coastal Administration for delivery, operations and maintenance of radars to the maritime traffic service. The agreement has a potential total value of up to NOK 250 million and a duration of up to eleven years. This is amongst the largest framework agreements the Norwegian Coastal Administration has entered into with a single supplier. "The Ministry of Transport and Communications has assigned us to expand the service area for our maritime traffic service…
New Radar Agreement Strengthens Safe Sailing
Kongsberg Norcontrol has signed a framework agreement with the Norwegian Coastal Administration for delivery, operations and maintenance of radars to the maritime traffic service.The agreement has a potential total value of up to NOK 250 million ($31 million) and a duration of up to eleven years.This is amongst the largest framework agreements the Norwegian Coastal Administration has entered into with a single supplier."The Ministry of Transport and Communications has assigned us to expand the service area for our maritime traffic service…
Donnelly Elected as FFABA Tanker Chairman
Pat Donnelly, of Braemar ACM-GFI, has been elected as Chairman of the Tanker FFA Brokers Association. He replaces Ben Courtney of ICAP Energy who has chaired the group, which represents the worldwide community of tanker Forward Freight Agreement (FFA) brokers, since 2016. Founded in 1997, the FFABA is the worldwide association for Forward Freight Agreement broking firms. Working with the Baltic Exchange, the FFABA organises educational workshops and industry forums in major shipping centres, with the aim of promoting FFAs as an important tool for managing exposure to freight rates.
Mass Flow Metering Now Mandatory in Singapore
In a move which has been hailed as a landmark moment for the bunker industry, the use of mass flow metering (MFM) for heavy fuel oil bunker deliveries in Singapore became mandatory on January 1, 2017. The Maritime and Port Authority of Singapore’s (MPA) efforts have been applauded by many in the industry – including World Fuel Services – who see MFM as an important tool for developing more transparency and accountability for the bunker supply chain. So how does MFM work, and why is it so important to the bunkering industry? When a mass of liquid passes through an oscillating tube, the inertia effect of the moving liquid will cause the tube to twist – and the twisting will be in direct proportion to the liquid‘s mass flow.
Southern Exposure: Wilson Sons' Sergio Guedes Talks Towage
The influx of ships and rigs sailing into and out of Brazilian ports since the discovery of large pre-salt plays off Brazil in 2007, and the opening of new ports and shipyards during the past decade has led to a sharp increase in towing operations in Brazil. MR spoke to Sergio Guedes, Director of Operations at Wilson Sons Towage, about the towage and salvage markets in Brazil. Wilson Sons Group is one of the largest integrated operators in port and maritime logistics in Brazil. The company has more than a century of experience and is also present in shipbuilding and offshore support services.
BIMCO Adopts Ship Financing Term Sheet
In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016. The term sheet has been drafted as a short and simple standard for use in bilateral ship financing transactions concerning term loan facilities. It has been prepared in the well-known BIMCO format and is indicative/non-binding, as this is considered to be the market standard. BIMCO President Philippe Louis-Dreyfus said: "I am particularly pleased to see BIMCO taking this important step.
A Definitive Guide to AIS
The world of AIS can be confusing to newcomers and experienced professionals alike. What is AIS? What data does it gather? How can it help my business? Do I need AIS if I don’t have a business? Class A or Class B transponders? Do I actually need it? There’s a plethora of questions from those looking to get the most out of their tracking tools, or from those looking into entering the maritime industry. The following is a comprehensive guide to AIS that covers a wide range of topics from specific AIS units to getting the most out of the data gathered.
DNV GL’s Synergi Water with four Core Modules
The new release of DNV GL’s Synergi Water includes four modules that have previously been separately licensed. The addition of these modules – Unidirectional Flushing, Pipe Design, Calibration and Pump Scheduling – supports Synergi Water’s position as a uniquely comprehensive, efficient and data smart water modelling solution. “With this release, Synergi Water is taking yet another step toward helping our users improve and maintain water quality standards,” says Kyle Williams, Product Manager, Software, DNV GL.
SHIPPINGInsight to Focus on Ship Telematics
The directors of SHIPPINGInsight today announced that U.S. Merchant Marine Academy professor Capt. David Moskoff has agreed to be a special guest speaker at the 2015 Fleet Optimization Conference & Exhibition. The annual event takes place Oct. 13-14, at the Marriott Hotel & Spa in Stamford, Conn. A special area of focus for this year’s SHIPPINGInsight event is ship telematics, and Capt. Moskoff, an acclaimed expert on cyber security in the maritime industry, will kick-off a roundtable Oct. Capt.
SUNY Maritime to Host e-Navigation Conference
The e-Navigation Underway 2015 – North America conference will be hosted by The State University of New York (SUNY) Maritime College from September 28 to 30 on the college’s Throggs Neck, N.Y. campus. The conference’s theme is: “Reducing Risk through E-Navigation,” which follows the pace of the IMO’s Correspondence Group on e-Navigation. The keynote speaker will be Joseph Trotti, CEO of AIG Global Marine and Aerospace, and Francis Zachariae, the new Secretary General of the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA) and formerly the deputy director general of Danish Maritime Authority (DMA), will be the luncheon speaker on the conference’s final day. Other confirmed speakers include Tracy Murrell, Director Office of Marine Safety, U.S.
Holland America Line Creating Marine Protection Awareness
As part of its “Our Marvelous Oceans” partnership with Marine Conservation Institute, Holland America Line has created a new program that highlights and educates guests and crew about marine protected areas around the world. Developed with the team at Marine Conservation Institute, the program will educate guests and crew through on-board presentations by shipboard personnel. Topics will cover what a marine protected area is and how to visit one without causing harm to the habitat and wildlife. This information can be enhanced through participation in featured shore excursions.
Industry's First Color Fishfinder by Lowrance
Lowrance, a world-leading brand in marine electronics since 1957 — announced today the newest additions to its Elite family of fishfinder and chartplotter products, the Elite-3x and Elite-3x All Season pack. The most affordable color fishfinder ever introduced, the new Elite-3x includes a dual-frequency 83/200 kHz Broadband SounderTM transducer and features an LED-backlit display with detailed 240x360-pixel resolution that’s easy to see in full sunlight from wide viewing angles.
New Study Maps Top 100 Sustainable Solutions - DNV GL
DNV GL hosts Sustania100 launch event which reveals latest study on 100 leading sustainability innovations deployed in global markets. As a founding partner behind Sustainia100, DNV GL sees the study guide as an important tool for investors, decision makers and consumers as it provides insights to the most promising solutions at the forefront of sustainable transformation. Speaking at the Sustainia100 event at DNV GL’s headquarters in Høvik, Norway, Bjørn K. Haugland, DNV GL Group Sustainability Officer said, “Congratulations to the 100 selected solutions.
Statoil's Ethics Helpline now open for all
Statoil’s Ethics Helpline has until now only been available to Statoil employees. Now the helpline will be opened up to all that wish to express a concern related to our Ethics Code of Conduct, how we do business or how we meet legal requirements. Statoil is one of the first companies in Norway to receive a license from the Norwegian Data Protection Authorities to open its Ethics Helpline to all. "Statoil is determined to be known for its high ethical standards. In our opinion breaches of laws and our ethical requirements are a threat to our company’s competitiveness and reputation…