Eco-Business Launches The EB Circle
Eco-Business, Asia Pacific’s leading media organisation dedicated to reporting on sustainable development, has unveiled a new membership programme for its growing community. The EB Circle is a new dedicated network in which readers who sign up for just S$60 a year will gain priority invites to its events, access to an inner circle of professionals committed to sustainability on the Slack platform, media training opportunities and more. Since Eco-Business was founded in 2009, it has been committed to providing a platform for the region to discuss sustainability issues…
Russia Ramps Up Its Military Presence In The Arctic
A new era of dominance in a polar region opening up. The size and scale of Russia's military activities in the Arctic are producing negative perceptions and growing suspicion in the West. UPI reports that Russia, long seen as an aggressive and unpredictable bear in international politics, has stepped up its military activities in the region – including large-scale exercises, an extensive modernization program and the reconstruction of infrastructure. Observers, mainstream media in particular…
IMO Head Defends Ship Size, Regs
According to the head of the International Maritime Organization (IMO), the world’s largest ships are well regulated and safe, Bloomberg news agency reported following an interview. According to the Bloomberg report, regulators haven’t let vessels, especially cruise ships, get so large that they present a hazard, according to Koji Sekimizu, secretary-general of the IMO. The 290-m Costa Concordia was carrying 4,200 passengers and crew on a Mediterranean cruise when it struck rocks on Jan. 13 near .
Containerships Collide at Port of Karachi
Authorities are working to retrieve more than 20 containers that fell into the water at Pakistan's southern port of Karachi on Monday following a collision between two containerships. Video footage posted on social media shows the Hapag-Lloyd containership MV Tolten side-swipe the moored containership MV Hamburg Bay while moving into its berth at South Asia Pakistan Terminal. Maritime security vessels were arriving on scene to assess damage and respond to the casualty, according to local reports.
USCG offloads 36,000 lbs cocaine in San Diego
The Coast Guard offloaded approximately 36,000 pounds of cocaine Tuesday, which was seized during a counter-drug patrol in international waters of the Eastern Pacific Ocean. The contraband offloaded by the Coast Guard Cutter Bertholf's (WMSL-750) crew represents 17 interdictions of suspected smuggling vessels off the coasts of Central and South America by five Coast Guard cutters between early February and early March. “This offload by the Bertholf represents the great work being conducted in the Eastern Pacific combating the transnational organized crime groups…
Crisis Communications Network for Shipping
Navigate Response launched at London’s Baltic Exchange. The company’s round-the-clock services are tailored specifically for the global shipping industry and focus on managing clients’ messages across a range of communications channels including mainstream and social media. The new company is chaired by internationally renowned maritime expert, Richard Sayer, and led by Mark Clark, former head of public relations and media at the UK Maritime and Coastguard Agency. The team includes leading maritime PR experts Mike Elsom and Bill Lines of sister company Navigate PR Ltd. Founded in 2004, Navigate PR provides comprehensive public relations services to a wealth of maritime businesses across a range of disciplines.
3 Rescued Off Port of St. Lucie
The Coast Guard rescued three people aboard a disabled boat approximately 12 miles east of Port of St. Lucie, Sunday. At approximately, 5 a.m., the crew of the tug McAllister Sister notified Coast Guard Sector Miami watchstanders of a red meteor flare from a 23-foot center console. The watchstanders directed the launch of a Coast Guard Station Fort Pierce 45-foot Response Boat—Medium crew to assist The Coast Guard boatcrew arrived on scene and towed the center console to the Smithsonian Marine Station.
Buy Secondhand Ships Now?
To be trite, every cloud has a silver lining, and the stormy shipping market crisis' shining beacon appears to be strong investment opportunities in secondhand ships. In its latest report, "Secondhand Ships: Investment Potential and Value for Money," Drewry's argues that "adversity provides opportunity... therefore, acquisitions made now could prove to be bargains." Drewry believes that 1999 and 2000 should be interesting and active years for the secondhand ship market. Drewry's analysis of market potential through to 2003 in the mainstream markets concludes that the highest investment returns could come from Panamax and Handymax bulk…
Shell Launches New Trunk Piston Engine Oils
Shell Marine has unveiled its next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market. As owners face pressures to shift toward cleaner fuels that address emissions regulations, Shell said demand for distillates and low-sulphur heavy fuel oil will only increase as shipping approaches a global fuel sulphur content cap of 0.5 percent, imposed by IMO from 2020. Already, dual-fuel engines are taking an increasing share of the medium speed market.
Webinar to Examine 3D Laser Scanning in the Marine Industry
3D laser scanning has taken much interest in the maritime industry as it continues to find greater acceptance in the sector. In an up-close look at 3D laser scanning, FARO’s webinar, Applying 3D Laser Scanning to the Marine Industry, will discuss its challenges, the developments which helping to mainstream this technology in the marine industry, and practical examples from real world applications. Slated for Tuesday, April 29, 2014, 1-2 p.m. Eastern, the free webinar offers an opportunity to hear from industry experts on emerging trends in 3D laser scanning without ever leaving the office.
Op/Ed: Facts Do Matter - A Defense of the Jones Act
I recently read a story in The New Yorker – but that sounds more intellectual than what really happened, let me start over. I recently clicked a link on Facebook, which sought to explain why the term “Fake News” has become so popular. The article claimed that facts no longer matter to the average voter. As evidence (yes, the article explaining why facts don’t matter included evidence), it detailed a study whereby the subjects had been given false information, then were asked to make a choice between two options.
Schoellhorn-Albrecht Wins OPC Subcontract
Marine equipment manufacturer Schoellhorn-Albrecht said it has been awarded a subcontract from Eastern Shipbuilding Group (ESG) to design and build various equipment for the U.S. Coast Guard Offshore Patrol Cutters (OPC). Schoellhorn-Albrecht was selected for the deck machinery, deck fittings, accommodation ladder system and structural castings including the shaft strut and stern tube. The OPC is the U.S. Coast Guard’s largest shipbuilding program. The U.S. Coast Guard’s current contract calls for ESG to build 11 OPCs to replace the medium endurance cutters.
Trump's Tariff Announcement on Track for This Week
U.S. President Donald Trump's announcement on steel and aluminum tariffs is on track to come by the end of this week, White House spokeswoman Sarah Sanders told reporters on Wednesday. Trump is also seeking to sign a presidential proclamation on Thursday in an effort to set his tariff plan in motion, Axios media outlet reported separately, citing two senior administration officials. Reporting by Susan Heavey
Statoil to Rebrand as Equinor
Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment. Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil, it said on Thursday. In a video posted on social media, Statoil presented the switch as a way to show its determination to develop investments in renewable energy. Reactions by various social media users were mixed. "Equinor sounds like a princess on a horse in Game of Thrones," one Twitter user said. "Equi" is the genitive singular in Latin for "horse".
Shipbuilding Industry Makes a Soft Landing
The landing has been cushioned by a shift in orders from mainstream-type merchant ships towards specialised offshore segment support vessels. According to the BIMCO analysis the shipyard industry seemed to head straight for the output-abyss just 15 months ago. Today the transition from recent years' record high shipyard output to a more sustainable level of output appears to soft-land with global shipyard output clearly slowing down. This BIMCO analysis compares data from December 2011 with data from March 2013, representing a remarkable turn for the shipyard industry. An integrated part of this soft landing is the evidence of the shifting focus on shipping segments away from the mainstream merchant vessels like dry bulk…
Webinar: 3D Laser Scanning in the Marine Industry
Maritime industry professionals have increasingly taken notice of 3D laser scanning in recent years as acceptance for the technology and its applications mounts throughout the sector. FARO, a developer of computer-aided measurement and imaging devices and software for 3D measurement, imaging and realization, will take an up-close look at 3D laser scanning with a webinar entitled Improving the Boat Building Industry with 3D Laser Scanning, on Tuesday, September 23, 2014, 1 p.m. EST.
Viking Strengthens Partnership with Lobby Marine Veteran
Viking Offshore & Marine Limited has announced it would participate in the ownership of a second cantilever drilling jack-up rig, further strengthening its partnership with Singapore rig veteran, Chan Kwan Bian as it accelerates its entry into mainstream offshore rig chartering. SGX Catalist-listed Viking said its wholly-owned Viking Asset Management Pte. Ltd. (VAM) will invest US$5.4 million to take a 30%-stake in Quick Booms Investments Limited (“QBI”), a special purpose vehicle controlled by Chan which has a contract with a yard to build the CJ46-X100-D GustoMSC designed for use in water depth up to 375 feet and can accommodate 120 men during operation.
Turkey Tenders to Buy 30,000 Tonnes Rice
Turkey's state grain board TMO has issued a series of international tenders to purchase a total 30,000 tonnes of rice, European traders said on Monday. The tenders close on March 30. The TMO had made no purchase in its previous tenders for 41,250 tonnes of rice on March 8 when only one company participated, partly because of a rapid shipment period of March 15 to April 6. Shipment in the new tenders was also quick, requested between March 26 to April 16. The TMO has issued 30 separate tenders of 1,000 tonnes, long grain or calrose medium grain rice is sought.
Future Frigates: Naval Group Starts Equipment Acquisition
Naval Group has started to select the first equipment suppliers for the five future intermediate-size frigates (FTI) intended for the French Ministry of Defense. In the framework of the execution of the contract awarded by the French Defence Procurement Agency in April 2017, Naval Group initiated its process of selecting the program's industrial suppliers for the five future intermediate-size frigates, the first of which will be delivered to the French Navy in 2023. "We expect a lot from our suppliers," said Frédéric Massa, Director of Naval Group Purchasing.
Can Domestic Shipping Become Our Industry’s Farmer’s Market?
Arriving at the Farmer’s Market this morning I made the decision to grill some hand cut rib eye with fresh vegetables and potatoes later that evening. I searched several of the local farm kiosks to find the mix I wanted and then reached into my pocket to pay for my choices. The price for all this local fare is not competitive with Cosco or Walmart, but I know the vegetables are organically grown without chemicals and the local beef is grass fed. The price point may not be right but the effort supports local business and the farmers who work hard to provide us sustainable products and quality.
Euronav Says 2017 Was a Challenging Year
2017 was a challenging year for th Belgium-based tanker owner Euronav NV from an operational perspective on account of challenging freight market driven by ship oversupply & OPEC restrictions, said Paddy Rodgers, CEO of Euronav. The concentrated delivery schedule of new tonnage coupled with restricted crude supply from extended OPEC production cuts maintained freight rates at low levels throughout the year. Despite these headwinds, demand for oil continued to remain robust and above long-term trend boosted by rising global economic growth and a supportive oil price structure.
MarineCFO Announces Enterprise Version 3.0
MarineCFO Inc. announced the release of Enterprise Version 3.0. which provides a configurable software solution that can grow and change with the business. MarineCFO Enterprise v3.0 is based on the MarineCFO Business Framework, the toolset used to develop and enhance all of the MarineCFO products. This allows for controlled development and consistency across the interfaces and coding methodologies. With a strong Microsoft relationship, all products are built with mainstream Microsoft technologies. This includes the .NET framework, SQL Server, the Windows Communication Foundation, and Microsoft Office for productivity, analysis, and heavy data entry tasks.
Major Offshore Scotland Wind Farm Project Awaits Go-ahead
Formal application for a project with 125 wind turbines off the coast of Angus, Scotland has been progressed. Formal application for approval of a £1.4billion project featuring up to 125 wind turbines has been put forward by Mainstream Renewable Power to the authority Marine Scotland. The Neart na Gaoithe (NnG) windfarm at a site almost 10 miles off Fife Ness. The company has been granted exclusive rights by the Scottish Government to develop plans for the site, which was chosen for its water depth, ground conditions, low shipping density and optimal windspeed. The company said the facility would be ready by 2016 and could generate 450MW of electricity…