RECSO Hosts First Global Oil Spill conference
The Regional Clean Sea Organization (RECSO), an oil industry co-operative organisation in the Middle East, has hosted First RECSO Enviro Spill Conference and Exhibition.In delivering the keynote speech at the opening ceremony, Abdulhakim A. Al-Gouhi, vice president of Industrial Services with Saudi Aramco, called on members to collaborate to protect the pristine Gulf environment through prevention, preparedness, and response.“We come together to demonstrate our unlimited commitment toward protecting the marine environment from any harmful effects of pollution…
Bilfinger Sees Huge Potential in Scrubber Market
The international maritime shipping industry is increasingly using emission-reducing flue-gas desulfurization systems provided by Bilfinger, claimed the German engineering company.Following additional orders in recent months, the industrial services provider now has contracts for its scrubber technology with a value in excess of €100 million on its order books, said."This brings a total of 70 vessels belonging to national and international shipping companies in line with stricter future environmental requirements imposed by the International Maritime Organization (IMO) and the European Union…
Carlyle Group Acquires EnerMech from Lime Rock Partners
Global alternative asset manager The Carlyle Group announces that it has agreed to acquire EnerMech Group Ltd, an international services company providing critical asset support to the energy, infrastructure and industrials sectors, from Lime Rock Partners.The transaction is expected to close in Q4 2018, subject to customary anti-trust and regulatory approvals.Equity for this investment will come from Carlyle International Energy Partners (CIEP), a $2.5 billion fund that invests in the global oil and gas sector outside North America.
BY THE NUMBERS: U.S. Coast Guard - AWO Annual Safety Report
Issued at the National Quality Steering Committee (NQSC) meeting on July 31, 2018, the American Waterway Operators (AWO) and the U.S. Coast Guard (USCG) issued their annual report that benchmarks and further serves as the annual safety report card for the domestic towing industry. This year, it comes at a particularly timely moment, just on the heels of the deadline for the so-called ‘subchapter M’ towboat rules.The NQSC uses three measures to track overall trends in safety and environmental protection.
Dockside Repair of the USCGC Bluebell
Portland, Oregon-based Vanport Marine, Inc. has been awarded the contract to perform the Dockside Repair of the USCGC Bluebell. The scope of the contract includes upgrades to the Allied buoy and cargo crane, deck preservation, repairs to the weather tight doors, renewal of the sewage shore tie valve, and repair of the remote fuel cutoff valve and deck box. The work will be completed at the vessel’s home pier at 676 N. Basin Ave, Portland, OR. The performance period will begin on June 12, 2018 and end July 18, 2018. The cutter Bluebell is an inland buoy tender built by the Birchfield Boiler Co.
Ocean Yield Takes Delivery of Two Vessels
Norwegian shipowner Ocean Yield ASA took delivery of newly-built handysize dry bulk vessel "La Fresnais" and "Interlink Amenity". In press release, Ocean Yield said that it took the delivery of the 2018 built handysize dry bulk vessel "La Fresnais" on April 10. Upon delivery the vessel commenced a 12 years' bareboat charter to a company owned and guaranteed by Louis Dreyfus Armateurs Group (LDA). LDA is a French family group engaged in maritime transportation and services and founded more than 160 years ago.
Ocean Yield Acquires Two Handysize Dry Bulkers
Norwegian shipowner Ocean Yield announced that 100% owned subsidiaries of the Company has agreed to acquire two 2018 built handysize dry bulk vessels with 12-year bareboat charters to companies owned and guaranteed by Louis Dreyfus Armateurs Group (LDA). The net cash purchase price is USD 18 million per vessel after a seller's credit. Both vessels are expected to be delivered to the Company during March 2018. LDA has options to acquire the vessels during the charter period, with…
New Floating Dry Dock for Marisco in Hawaii
A new concrete floating dry dock has been launched by Singapore marine engineering company GL Engineering & Construction Pte Ltd (GL E&C). Built in Batam, Indonesia with a local subcontractor, the $12 million dry dock named Peleke Nui has been commissioned by an American company, Marisco Limited. for the construction, maintenance as well as repair of ships and naval crafts, serving international clients from the owner’s base in Hawaii. According to Lim Sing Tian, Managing Director of GL Engineering & Construction Pte Ltd…
Southeast Asia's Largest Concrete Floating Dry Dock Launched
Southeast Asia’s largest concrete floating dry dock has been launched by Singapore’s marine engineering company, GL Engineering & Construction Pte Ltd (GL E&C). Built in Batam, Indonesia with a local sub-contractor, the dry dock named ‘Peleke Nui’ has been specially commissioned by an American company, Marisco Limited. Costing $12 million, the dry dock will be used for the construction, maintenance as well as repair of ships and naval crafts, serving international clients from the owner’s base in Hawaii, the United States of America.
Partners Ink MOU for Indonesia Maritime Logistics
LOUIS DREYFUS ARMATEURS Group (LDA) has signed a Memorandum of Understanding (MOU) with palm oil plantation company Golden Agri-Resources (GAR) to develop maritime logistics business opportunities in Indonesia. The MOU signed between GAR and LDA focuses on developing logistics in Indonesia for the next five years with planned acquisitions and investments amounting to around $100 million. In 2014, LDA and GAR established a joint venture company dedicated to transport LDA and GAR cargoes within Indonesian waters. In 2016, this JV transported 4,500,000 metric tons of various cargoes. “This new step in our partnership with GAR confirms LDA’s strategy to keep strong links with Indonesia where our Group has been active for more than 25 years…
Hempel Debuts Offshore Assets Coating Range
Two new coatings, Hempadur Quattro XO 17820 and 17870, are being introduced to increase the service life and reduce on-station maintenance requirements of offshore assets by leading worldwide coatings supplier Hempel. The new high-performance pure epoxy uni-primers presented today (9 January), combine excellent corrosion protection with construction flexibility. Hempadur Quattro XO 17820 / 17870 are part of a series of two-component epoxy primer coatings which provide advanced crack resistance using Hempel’s patented fibre technology.
Wärtsilä REvolution system takes sealing technology to New Level
The new Wärtsilä REvolution system is a digital management system that controls, monitors, records and analyses the performance of seals autonomously in real time, increasing the predictability and reliability of sealing solutions in rotating equipment. Wärtsilä's new digital management system revolutionises sealing technology in the hydropower industry. The system incorporates machine learning, predictive modelling and model predictive control (MPC) techniques to provide customers with intelligent…
Partners Target Improved Maritime Efficiency
On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding & Repair Maritime Cluster (TTSR) signed a Memorandum of Understanding to undertake maritime project initiatives involving research, the sharing of knowledge and showcase technologies in the context of improving energy efficiency and reducing CO2 emissions in the maritime sector. One such initiative involves an Expression…
NRC Aquires ENPRO Services
National Response Corporation (“NRC”) announced today it has acquired ENPRO Services, Inc., adding to its national footprint and expanding its full line of environmental, emergency response, and industrial services. Since 1983, ENPRO has been providing essential environmental, emergency response, and industrial services to the energy, transportation, industrial, insurance, and municipal sectors. Employing over 250 personnel, ENPRO is a customer-focused services company with 9 offices and 2 waste treatment, storage, and disposal facilities (“TSDF”) throughout the Northeastern U.S.
'World's Greenest Containership' Calls Red Sea Gateway
United Arab Shipping Company (UASC) and Red Sea Gateway Terminal (RSGT) celebrated the world’s greenest ultra-large container vessel 18,800TEU M.V. Al Nefud during its maiden call to RSGT at Jeddah Islamic Port today. The event was attended by Dr. Nabeel Al-Amudi, President of the Saudi Ports Authority and Chairman of UASC, Mr. Waleed Al Dawood, COO at UASC and Mohammed Al-Mudarres, CEO at Saudi Industrial Services Company (SISCO), along with senior government and business dignitaries and officials. Speaking at the ceremony, Dr. Nabeel Al-Amudi said, “The arrival of M.V.
Damen Crane Barge and Anti-Pollution Barge Delivered
Damen Shipyards Sharjah has delivered two barges, a Crane Barge 4920 and an Anti-Pollution Barge 2405, to BINCO, a contractor in the Middle East with over 30 years of experience and active in various sectors such as Marine, Pipeline and Oil Tanks, Light and Heavy Vehicle Contracting and Industrial Services. The contract marks another milestone in the established relationship between BINCO and Damen and aims to strengthen services towards Saudi Arabian Chevron, Khafji Joint Operations and other business partners. Having previously acquired two Damen Stan Tugs 1605 and one Damen Stan Tug 3509, BINCO’s choice to return to Damen was a combination of the wide range of products on offer as well as Damen’s capacity as a complete package supplier in the region.
Arun Sharma, Chairman & Managing Director, head of IRClass, discusses advances at the classification society as it celebrates 40 years. Indian Register of Shipping (IRClass) is India’s “National” Ship Classification Society, formed to fill the need for having an Indian ship classification society due to the increase in Indian flagged commercial shipping tonnage, post-independence. Accordingly, Sir Ramaswamy Mudaliar first proposed to set up a National Classification Society. In response the Ministry of Shipping & Transport convened a meeting in Delhi on May 29…
Insights: Steven Candito, President & CEO, NRC
This month’s featured INSIGHTS executive is Steven A. Candito, President and CEO of the National Response Corporation (NRC). He has extensive experience with OPA 90 compliance issues with particular focus on vessel owner and insurance matters. Candito was previously an attorney with Haight Gardner Poor & Havens, specializing in maritime litigation and environmental law. He also served as a marine engineer aboard Exxon USA’s domestic tanker fleet from 1980 to 1985. Candito is a graduate of Hofstra University School of Law and the United States Merchant Marine Academy.
Frost & Sullivan Launches Malaysia Mega Trends Report
Frost & Sullivan today launched its latest research, Mega Trends Malaysia in collaboration with the Malaysian Investment Development Authority (MIDA). Mega Trends are defined as transformative, global forces that define the future world with their far reaching impact on business, societies, economies, cultures and personal lives. According to Hazmi Yusof, Malaysia Country Head and Senior Vice President of Frost & Sullivan, “We want to help our clients use Mega Trends as a framework to think about how to innovate and drive their business.
New Suez Canal Almost 84 Pct Complete
Over 216 million cubic meters of water-saturated sand have been removed so far as part of the Suez Canal Development Project, said Head of the Suez Canal Authority Mohab Mamish. This represents about 84 percent of the total cubic meters that should be dredged as part of the project, Mamish added. Thirty-eight dredgers are working in the project, said Wagdi Zaki, the executive director supervising the dredging process, in statements on Thursday 11/06/2015. The expansion project will pave the way for a transit of ships of up to 20 meters in draft…
Wärtsilä Debuts Package for hydropower & industrial plant
Wärtsilä Corporation, a global leader in complete lifecycle power solutions for the marine and energy markets, expands into a new market segment, offering a comprehensive package of seals, bearings and associated solutions to hydropower installations and industrial plants worldwide. Wärtsilä offers a wide portfolio of products and services to power plant owners and operators. By utilising Wärtsilä's global engineering, manufacturing and service capabilities, the Hydro & Industrial services offering targets the specific needs of hydropower…
EnerMech Secures $53.4m Cranes Contracts
EnerMech has secured six new or renewed cranes and lifting contracts in the UK North Sea sector valued in excess of $53.4 million. The Aberdeen headquartered mechanical engineering group agreed extensions to contracts with Apache North Sea, Maersk Oil and Marathon Oil, and first time or additional workscopes with Centrica Storage/HRL, Aker Solutions and a number of projects on behalf of Technip. The contract wins follows publication of the company’s latest accounts to December 2013 which reveal a 40% upswing in turnover, breaking the $314 million mark for the first time.
U.S. Maritime Advisory Panel Names 10 New Members
U.S. Transportation Secretary Anthony Foxx today announced the appointment of 10 new members to the Marine Transportation System National Advisory Council (MTSNAC). Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms, trade associations, state and local public entities, labor organizations, academics, and environmental groups that advise the Secretary on policies to ensure that the U.S. Marine Transportation System is capable of responding to projected trade increases.