Marine Link
Tuesday, October 17, 2017

Itg Group News

ITG Orders Two Ulstein PSVs

Ulstein PX121 PSV

The ROC yard, China, will construct two platform supply ships of Ulstein’s PX121 designs for the ITG Group. The contract includes an option for two additional vessels. According to Ulstein, the PX121 has become very popular among various ship-owners and investment companies, and ROC is a new yard entering the stage of constructing vessels carrying the X-BOW hull line design from Ulstein. This inverted bow leads to reduced speed loss in waves, and consequently less fuel oil consumption, and the absence of slamming is an attractive feature as the comfort for the crew is increased.

BigRoll to Continue as Part of Roll Group

Photo: Roll Group

BigRoll will continue  services as part of Roll Group. With the merger of the BigRoll organization, Roll Group will expand its fleet with of two module carriers in combination with the five existing multifunctional heavy lift, semi-submersible Ro-Ro vessels. The combination of BigRoll and RollDock allows for greater flexibility and enables Roll Group to provide improved Ro-Ro solutions to clients. Roll Group can benefit from the many years of engineering and project execution experience of RollDock and BigRoll at sea and Roll-Lift on land.

Venkatraman Sheshashayee Resigns as CEO of Miclyn Express

Venkatraman Sheshashayee. Photo: Miclyn Express Offshore

Venkatraman Sheshashayee (Shesh), Chief Executive Officer of Miclyn Express Offshore (MEO), will relinquish his position at the end of March 2018. Shesh joined MEO in 2014. He was responsible for the promotion, development and extension of the business of the Group as well as the overall management of the Group’s operations. Shesh’s intention was to serve as CEO for three years and thereafter pursue non-business interests. In this regard, Shesh has confirmed that he will relinquish his position as CEO at the end of March 2018.

Industry Task Force Pushes for Decarbonization Urgency

Global Maritime Forum, Carbon War Room, the Carbon Pricing Leadership Coalition (CPLC), and University College London (UCL) has announced the launch of a Task Force on Decarbonizing Shipping. This industry-led initiative will develop tangible pathways for shipping’s decarbonization through five working groups, each focussed on a key area of the industry. Outcomes of the task force will be presented at the Global Maritime Forum’s inaugural summit in October 2018. The Task Force on Decarbonizing Shipping will bring together leaders and experts from across the maritime industry to develop and mobilize the industry along tangible pathways aligned with ambitious, science-based emission reduction targets.

Maritime Professionals See the Future Coming Fast

Maritime professionals from all sectors operating sub IMO / sub 80 feet vessels are invited to participate in three one-day NEXT GENERATION Workshops. The dynamic program is being held at the Grand Harbour conference venue, overlooking the port of Southampton U.K., on October 24, 25 and 26, 2017. The NEXT GEN Workshops each address aspects of operational safety for vessels, along with the safety and welfare of their crew and passengers. The high level group of presenters brings a wide range of experience and expertise from sectors including workboats…

SGMF, LNG MFI to Pomote LNG as Fuel

Photo: SGMF

The Society for Gas as a Marine Fuel (SGMF) signed a memorandum of understanding with Australia’s LNG MFI to jointly promote the use of liquefied natural gas as fuel. SGMF is a non-governmental organisation (NGO) established since 2013 to promote safety and industry best practice in the use of gas as a marine fuel. Governed by a representative Board and driven by two principal Committees, SGMF has several working groups at any one time solving issues and producing outputs such as Guidelines and checklists for the industry.

Clipper Bulk Consolidates

(File photo: Clipper Group)

Denmark based Clipper Group said it will simplify its operational and administrative setup in its core business area, the dry bulk market. Clipper will concentrate its bulk business in Copenhagen, Houston and Hong Kong going forward, closing its offices in Stamford, Sao Paulo, Rio de Janeiro, Singapore and Beijing. The company's offices in Barranquilla, Tokyo and Nassau will remain unchanged. “We want to make communication more effective and our response time to market changes shorter.

Theodore Roosevelt Carrier Strike Group Departs for Deployment

Photo: United States Navy

The Nimitz-class aircraft carrier USS Theodore Roosevelt (CVN 71) departed San Diego for a regularly scheduled deployment, Oct. Theodore Roosevelt, the flagship of Carrier Strike Group (CSG) 9, will join USS Bunker Hill (CG 52), USS Halsey (DDG 97), USS Sampson (DDG 102) and USS Preble (DDG 88) for a routine deployment. The Theodore Roosevelt Carrier Strike Group deployment is an example of the U.S. Navy's routine presence in waters around the globe, displaying commitment to stability, regional cooperation and economic prosperity for all nations. "The U.S.

Ernst Russ Acquires Ships Financed by ABN AMRO

Image: Ernst Russ AG

The Ernst Russ Group has successfully completed another transaction and acquired two container ships with capacities of 2,450 TEU and 2,785 TEU and an average age of just under 12 years. Global Transportation & Logistics provided financing to Ernst Russ. Purchase price for the two container ships is undisclosed. The transaction was structured and carried out by Ernst Russ Maritime Management GmbH & Co. KG as the maritime asset manager of the Ernst Russ Group. A company within the northern German maritime cluster has been given responsibility for the technical management of the ships.

Finnlines Sells Ro-pax Vessel to Grimaldi Group

Finnlines Plc said it has sold a 1999-built ro-pax vessel MS Finneagle to the Grimaldi Group.   The 18-year-old MS Finneagle was chartered out to the Grimaldi Group from June 2017, and it will be delivered to the Grimaldi Group in October 2017.   The freight capacity of the vessel is 2,459 lane meters, and passenger capacity is 835 passengers.   Finnlines said the sale is part of its “strategy to optimize the use of [its] vessels and routes in order to improve its profitability.”   “The sale does not affect the provision of our cargo and passenger service level offered to the customers,” Finnlines said.  

GMG Acquires Fugro’s Trenching, Cable Laying Business

(Photo: Global Marine Group)

Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year secured vendor loan of $ 7.5 million. Fugro said it will realize a gain on this transaction, valued at approximately $73 million. GMG is a supplier of subsea cable installation and maintenance services in the telecoms, offshore renewables, power and oil and gas market segments. The…

SCHOTTEL Thrusters Propel New Australian Dredger

(Photo courtesy of Damen Shipyards)

A newly built 60-meter trailing suction hopper dredger Tommy Norton started work to deliver safe and reliable ocean access for the commercial vessels, oil and gas suppliers and commercial fishing fleet that cross the entrance bar to the Gippsland Lakes area. The dredger is the first built by Damen Shipyards Group for Australia, and features propulsion is provided by two SCHOTTEL Rudderpropellers type SRP 330 fixed pitch. Capable of dredging to depths of 15 meters, the dredger…

Shreyas Takes Delivery of Three Vessels

Photo: Shreyas Shipping and Logistics

Indian flagged vessel owning unit of Dubai-headquartered Transworld Group Shreyas Shipping and Logistics (SSL) announced that the company has taken deliveries of its three vessels. In a stock exchange filing the container feeder owning and operating company said that it has taken deliveries of M.V. SSL Ganga (container vessel - 1500 teus), M.V. SSL Brahmaputra (container vessel - 4200 teus) and M.V. SSL Balaji (multipurpose vessel - 650 teus). The company has also entered into Memorandum of Agreement (MOA) for sale of one vessel - SSL Sagarmala.

Total Reinforces its Exploration in West Africa

Map: Total

Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry, covering approximately 55,000 square kilometers. “By taking this position on a new under-explored area, Total pursues its exploration strategy targeting deep offshore prospective basins,” declared Kevin McLachlan, Senior Vice President Exploration for Exploration & Production at Total. “Therefore…

MMPAC October 2017 Meeting Set

The Merchant Marine Personnel Advisory Committee (MERPAC) and its working groups are scheduled to meet October 26-27, 2017, at United States Coast Guard National Maritime Center in Martinsburg, WV.   Although the meetings are open to the public, attendees must pre-register to be admitted. Additional details about the location, point of contact, how to submit comments, and the agenda can be found in the Federal Register in notice document 82 FR 44433, published on September 22, 2017

US Navy Awards General Dynamics Bath Iron Works Funding for Two DDG

An artist’s conception of the AMDR AN/SPY-6(v) radar onboard an Arleigh Burke Flight III guided missile destroyer (DDG-51). Raytheon Image. Photo: U.S. Naval Institute

The U.S. Navy has awarded General Dynamics Bath Iron Works funding for the planning and construction of two Arleigh Burke-class destroyers, DDG 126 and DDG 127. The contract modification fully funds the two ships. DDG 126 was awarded under the contract that was part of a multi-year competition for DDG 51-class destroyers in 2013. DDG 127 was approved by Congress under separate legislation. Dirk Lesko, president of Bath Iron Works, said: “These contracts help to stabilize our business and are welcome news. The contract modification includes funding for the Flight III upgrades on DDG 126.

U.S. Carrier Drills with Japanese Navy

File Image: The USS Ronald Reagan at sea (CREDIT USN / Kenneth Abbate)

A U.S. Navy aircraft carrier, the Ronald Reagan, is conducting drills with a Japanese warship in waters around Okinawa southwest of the Korean peninsula, Japan's military said on Wednesday. The exercise comes amid heightened tension with North Korea as the U.S. holds air drills in the region with B1-B bombers flown from Guam. The exercise with the Reagan strike group, which began on Saturday, involves vessels sailing from the Bashi Channel, which separates the Philippines and Taiwan…

New Dredger Goes to Work in Australia

Tommy Norton (Photo: Damen)

The Tommy Norton, a Damen Trailing Suction Hopper Dredger (TSHD) 650 built at Damen Shipyards Yichang has been officially delivered to her proud owner, Gippsland Ports. The first dredger to be built by Damen Shipyards Group for Australia, the 60-meter Tommy Norton has now started work to deliver safe and reliable ocean access for the commercial vessels, oil & gas suppliers and commercial fishing fleet that cross the entrance bar to the Gippsland Lakes area. The maintenance dredging also helps reduce the risk of flooding to local communities.

MOL Issues "Safety, Environmental and Social Report 2017"

Photo: MOL Group

Mitsui O.S.K. Lines (MOL) has announced the publication of its Safety, Environmental and Social Report 2017 on September 21, 2017. The Safety, Environmental and Social Report 2017 proactively discloses the MOL Group's initiatives on environment, society, and governance (ESG). This year's report contains special features on the materiality (issues to address) that the group should emphasize. Special Feature 1: CSR Dialogue, Special Feature 2: MOL Group Environmental Vision 2030…

Safe and sustainable Straits of Malacca and Singapore

Photo: International Maritime Organization (IMO)

A series of the meetings under the Cooperative Mechanism on Safety of Navigation and Environmental Protection in the Straits of Malacca and Singapore have been held in Kota Kinabalu, Malaysia this week (2-6 October 2017). Safety of navigation, including e-navigation, and marine environmental protection in one of the busiest waterways were on the agenda of the meetings, attended by representatives of the littoral States (Indonesia, Malaysia and Singapore), user States and other stakeholders.

Statoil Selects Gas4Sea for LNG Bunkering in Rotterdam

Photo: Gas4Sea

Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - have been selected by Norwegian multinational energy group Statoil to be their liquefied natural gas (LNG) marine fuel supplier in the port of Rotterdam, in the Netherlands, for four crude shuttle tankers. The four planned dual fuel vessels are to come into service in early 2020 and will be operated by Statoil in Northern European seas. Gas4Sea will supply LNG using the ENGIE Zeebrugge which started operations earlier this year.

Royal IHC Buys Into Rotterdam Offshore Group

Photo: Royal IHC

Royal IHC has announced its acquisition of 50% of the share capital of Rotterdam Offshore Group (ROG). The agreement will enable IHC to strengthen its ship repair and conversion capabilities with the addition of a dedicated facility in Rotterdam, which has uninterrupted access to open sea. Rotterdam Offshore Group has a strong reputation in the worldwide maritime and offshore industry for dockside and on-site services. Located in Rotterdam, ROG has lay-by facilities for vessels up to 300m, heavy-lift crane capacity, a large yard area and a fully equipped workshop.

SCF's New Icebreaker Named Fedor Ushakov

(Photo: Sovcomflot)

Russia’s PAO Sovcomflot (SCF Group) currently operates 10 vessels that serve the Sakhalin-2 project, including three oil tankers, two liquefied natural gas (LNG) carriers and five icebreaking supply and standby vessels. Its latest addition to this specialized fleet, a newly built multifunctional icebreaking standby vessel (IBSBV), was formally named Fedor Ushakov at a ceremony on October 11. The vessel is the third in a series of four IBSBVs purpose-designed for operating in the…

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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