MSC Cruises Begins First Round the World Relay Race at Sea
The Swiss-based cruise company MSC Cruises has waved ‘bon voyage’ to MSC Magnifica as the final guests embarked today in Barcelona for the Company’s first world cruise.For many, the idea of seeing the world is just a dream, but a world cruise is an easy way to make this dream a reality, and the only way to circumnavigate the globe without having to unpack a suitcase more than once! On this first world cruise, MSC Cruises guests will visit 49 different destinations, checking off 32 countries from their bucket lists.From the Mediterranean…
Russian President Commissions Kaliningrad LNG Terminal
Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea. The facility includes floating storage regasification unit (FSRU) in Baltic Sea enclave.Gazprom CEO Alexei Miller said: "The floating storage regasification platform is currently moored at the receiving terminal; that platform will convert LNG into gas to pump into the underground facility…
Gazprom, Itochu Sign MoU on Baltic LNG
Russian oil and gas company Gazprom and Japanese trading house Itochu have signed a memorandum of understanding (MoU) on the proposed Baltic liquefied natural gas (LNG) export project."With this document, the parties confirmed their interest in potential cooperation in the framework of the project," said a press note from the Russian gas giant.A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Yoshihisa Suzuki, President and Chief Operating Officer of Itochu Corporation, took place in St.
DSC Dredge’s Miller Retires
On October 16, 2018, after 38 years in the dredging industry, David Miller, SVP/COO and part owner of DSC Dredge, LLC announced his retirement. Miller embarked on his career in the early 1980’s when he began working for Kenner Marine & Machinery (KMM). Following several consecutive KMM positions, David completed his final 10 years there as a field service specialist.Miller was one of the original founders of Best Equipment Technologies, Inc. (BEST), established in 1998, located in Poplarville, MS. BEST operated as a steel fabrication shop and dredge manufacturer.
The Vessel Incidental Discharge Act (VIDA) - Immediate Implications of the New Law
This week, on December 4, 2018, President Trump signed into law the Vessel Incidental Discharge Act (VIDA): Title IX of the Frank LoBiondo Coast Guard Reauthorization Act of 2018.VIDA establishes a new framework for the regulation of vessel incidental discharges, adding a new Clean Water Act (CWA) Section 312(p): Uniform National Standards for Discharges Incidental to Normal Operation of Vessels. The U.S. Environmental Protection Agency (EPA) and the U.S. Coast Guard (USCG) are…
TurkStream Gas Conduit Offshore Section Complete
The pipe-laying vessel Pioneering Spirit pipelaying vessel completed the construction of the offshore section of the TurkStream gas pipeline in the Black Sea. The TurkStream pipeline will carry Russian gas across the Black Sea to Turkey.The command to weld the final joint of the gas pipeline’s second string was given by Vladimir Putin, President of the Russian Federation, and Recep Tayyip Erdogan, President of the Republic of Turkey.“Construction of TurkStream – a new gas pipeline connecting Russia and Turkey via the Black Sea – is entering its final stage.
Miller Boat Line Orders New Ferry
Miller Boat Line has ordered a new drive-on, drive-off passenger/vehicle ferry for delivery from Superior, Wis. builder Fraser Shipyards in fall 2019. The new ferry will be delivered from Lake Superior to Lake Erie and her new home port of Put-in-Bay, Ohio.The 140-foot-long, 38.5-foot-wide newbuild will be able to accommodate 26 standard sized vehicles or 600 passengers and will join Miller’s present fleet of four passenger/vehicle ferries, which operate between the peninsula of Catawba to Put-in-Bay (South Bass Island) and to Middle Bass Island…
Gazprom, Mitsui Sign MOU on Baltic LNG Project
Russian energy giant Gazprom and Japanese Mitsui & Co. Ltd. have signed a memorandum of understanding at the Eastern Economic Forum on the liquefied natural gas plant project Baltic LNG.The memorandum was signed after the meeting between Gazprom CEO Alexey Miller and Mitsui Chairman of the Board of Directors Masami Iijima.The parties discussed the ongoing cooperation on the Sakhalin II project and the prospects for collaboration between the companies. In particular, the meeting…
ABS: New Technology to Support Drilling Riser Programs
ABS announced it has issued the first “Concept Verified” Statement of Maturity to Stress Engineering Services (Stress) for its riser CBM program using Real Time Fatigue Monitoring System (RFMS) with Subsea Vibration Data Logger (SVDL) technology, and to LaserStream, LP (LaserStream) for its Bore Erosion Measurement and Inspection System (BEMIS).This is the second of five technology qualification stages to be completed by Stress and LaserStream for new technology that supports…
Interesting Launch for Interesting Tugs
The ownership of the Canadian firm Island Tug and Barge has changed with the purchase by the U.S. parent company Tidewater Inc. The firm is now known as Island Tug.The second tug, with the hull and superstructure completed and with the Cummins K38s installed still requires more work, was also launched in early May of 2018.The vessels were built in a warehouse on the Fraser River. With no launching facility and a railway track between the yard and the steep bank of the river, it took some innovative heavy lifting.
Gazprom Extends Gas Contract with Austria’s OMV
Russian gas firm Gazprom has signed a new deal to extend the existing gas supply contract with Austria’s OMV until 2040. Under the existing contract between Gazprom Export and OMV Gas Marketing & Trading, Gazprom agreed to supply gas to OMV until 2028. The document was signed in the presence of Vladimir Putin, President of the Russian Federation, and Sebastian Kurz, Federal Chancellor of Austria, as part of the celebrations marking 50 years of supplies of Russian gas to Austria.
Top Container Shipping Lines Reviewing Iran Operations
The world's top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran.The 2015 agreement, worked out by the United States, five other world powers and Iran, lifted sanctions on Tehran in exchange for limits to its nuclear program.U.S. President Donald Trump also instructed his administration to re-impose U.S. sanctions after a winding down period."MSC is reviewing its services…
Tech File: Material Handler Boosts Paducah’s Productivity
Located at the confluence of the Tennessee-Tombigbee Waterway, the Ohio River and the Cumberland River and just upstream from the Mississippi, the City of Paducah is an important hub in the inland waterways network. In 2015, newly appointed Paducah-McCracken County Riverport Authority Executive Director Bill Miller’s first priority was to upgrade the port’s infrastructure.“Our 20 year old lattice boom crane was past its useful service life,” he said, adding, “So the Board for the Riverport Authority authorized a bid spec to replace it with the best available equipment.” Today…
Russia's NLMK Could Close U.S. Business Due to Tariffs
Russian steelmaker NLMK has told the U.S. Department of Commerce that it could be forced to shut down its U.S. business due to the impact of new U.S. tariffs."Without an exclusion for semi-finished steel slabs, the tariffs will have the perverse effect of killing U.S. steelmaking jobs and potentially putting our company out of business," NLMK USA's Chief Executive Robert Miller wrote in a letter to the U.S. Department of Commerce dated March 23, 2018.Reporting by Polina Ivanova and Anastasia Lyrchikova; Writing by Polina Ivanova
U.S. Ethanol Makers Snap Up Cheap Sorghum after China Tariffs
U.S. ethanol makers have joined global livestock producers to snap up discounted American sorghum supplies after buyers in China backed out of deals due to stiff anti-dumping tariffs on the grain imposed by Beijing in a mounting trade dispute. Sorghum is used to feed animals and represents a fraction of the billions of dollars of goods that move between the world's two largest economies. The trade conflict between the United States and China has already hit shipments of agricultural produce and threatens to disrupt the flow of everything from steel to electronics.
'Best of the Best' Welds Help Metal Shark Succeed, Expand
Louisiana-based shipbuilder eliminates preheat and saves time with Dynasty 400 TIG welders.As a well-known shipbuilder specializing in the design and production of vessels, Metal Shark Boats doesn’t shy away from tackling tough and diverse jobs. It’s a philosophy that has fueled the company’s growth from small shop to major industry player.Launched more than three decades ago as a small family-owned operation crafting custom fishing boats, the transition to Metal Shark Boats began…
GE Profit Tops Estimates
General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher. GE affirmed its forecast for 2018 earnings and cash flow, and said it expects to book as much as $10 billion in proceeds from divesting industrial assets this year. Those comments eased concern that GE would post poor results. GE's profit reflected 7-percent revenue growth and vigorous cost cutting. Revenue rose in aviation, oil-and-gas and healthcare, offsetting declines in power, transportation, lighting and renewable energy. GE sliced $1 billion in costs, including $800 million in industrial structural costs.
Georgia Ports: Mason Mega Rail Breaks Ground
The Georgia Ports Authority broke ground on its $126.7 million Mason Mega Rail Terminal Monday. The expansion will increase the Port of Savannah's rail lift capacity to 1 million containers per year, and open new markets spanning an arc of cities from Memphis to St. Louis, Chicago to Cincinnati. "Today is a great day for Georgia and the nation," said Georgia Gov. Nathan Deal. The Mega Rail ground breaking is the latest in a series of Gov. Deal's signature projects designed to…
UK P&I Club Focus on Financial Stability
The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, emerges from the renewal to start the new policy year with total mutual owned tonnage of 139 million gt, slightly higher than at the start of the previous policy year. Combined mutual-owned and chartered tonnage now stands at around 239 million gross tonnes. The UK Club understands that many operators are under financial pressure. The Club therefore continues to seek ways of delivering P&I cover at a competitive rate and did not announce a general increase again this year.
Thomas Miller Acquires Brookes Bell
UK-based international provider of insurance services Thomas Miller has acquired international marine consultancy business Brookes Bell for an undisclosed sum. Brookes Bell is a marine technical and surveying consultancy with offices in Liverpool, London, Glasgow, Shanghai, Hong Kong and Singapore. It has served the marine and energy industries since 1903, providing specialist services in areas including emergency response, casualty investigation, salvage and wreck removal operations, scientific cargo expertise, forensic engineering and expert witness services.
It’s Electric: Charging Asia’s First E-ferry
Innovative charging technologies connect Asia’s first e-ferry to electrical power, eliminating emissions and dramatically reducing operating costs. The retrofitted passenger ferry, which operates between the island of Cijian and the port of Kaohsiung in Taiwan and that entered service last year, is fully electrically powered. This follows the introduction of a hybrid ferry earlier in 2017. The charging solution was supplied by Swiss based engineering firm Cavotec, who said the technology ensures safe, fast and efficient connection of the ferry to electrical power at the Kaohsiung berth.
MERC to Cease BWMS Type Approval Testing
Maritime Environmental Resource Center will no longer conduct Type Approval Certification testing of ballast water management systems. The Maritime Environment Resource Center (MERC) was established in 2008 by the University of Maryland Center for Environmental Science (UMCES) to facilitate the development and adoption of Green Ship and Green Port innovations with a primary goal of expanding on over twenty years of research addressing the issues of ballast water invasive species.
Gazprom, Shell Discuss LNG Projects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg. The meeting addressed relevant aspects of strategic cooperation. Particular attention was paid to joint efforts in the liquefied natural gas (LNG) sector. The parties discussed the construction project for the third train of the LNG plant on Sakhalin Island and the progress of the Joint Study Framework Agreement for the Baltic LNG project. The meeting also focused on the Nord Stream 2 project.