Products News

03 Apr 2020

HydroComp Launches PropCad 2020

(Image: HydroComp)

HydroComp launched its new PropCad 2020 software for the geometric design of marine propellers. PropCad automatically prepares 2D drawings, 3D CAD models and much more.All HydroComp 2020 products have been upgraded with a new internal code-and-control set. This has increased the speed and stability of the program across existing Window’s platforms. These changes are largely behind the scenes, but users will notice some visual changes in PropCad and HydroComp’s other programs.The Propeller CAD Import utility includes algorithm revisions to greatly increase the supported file-size…

02 Apr 2020

Laborde Products Named East Coast Distributor for Mitsubishi Marine

Mitsubishi Turbocharger and Engine America has named Laborde Products the new distributor for the East Coast of the United States for Mitsubishi Marine Engines. Laborde Products is currently the distributor for Gulf Coast, Inland Rivers and Great Lakes regions for Mitsubishi Marine Engines.Already a Mitsubishi Marine Engines distributor for Gulf Coast, Inland Rivers and Great Lakes regions, Laborde Products has more than 20 years of experience developing the brand in the U.S. and has put more than 1100 Mitsubishi engines in service throughout this time.Mitsubishi Heavy-Duty Marine Engines are simple, mechanically controlled engines that meet U.S.

02 Apr 2020

IMO Urges Governments to Allow Crew Changes

© Igor Kardasov / Adobe Stock

United Nations shipping agency the International Maritime Organization (IMO) has echoed industry calls for governments to grant special travel exemptions to seafarers in response to the COVID-19 pandemic.In a Circular Letter (link) issued on Monday, the IMO distributed a series of recommendations for governments and relevant national authorities, proposed by a broad cross-section of global industry associations representing the maritime transportation sector.The Circular Letter specifically calls on governments to designate professional seafarers and marine personnel…

02 Apr 2020

Kirby Completes Savage Fleet Acquisition

(Photo: Savage)

Houston-based Kirby Corporation said Thursday it has completed the acquisition of Savage Inland Marine’s inland towboat and tank barge fleet. The total consideration paid was approximately $278 million and was financed with additional borrowings. Savage’s fleet consists of 46 inland towboats and 90 tank barges with approximately 2.5 million barrels of capacity. Savage primarily moves petrochemicals, refined products, and crude oil on the lower Mississippi River, its tributaries…

02 Apr 2020

While Oil Prices Plummets, Tanker Rates Fly High

Source: BIMCO, Clarksons

If one ever needed proof that, no matter how dire the situation, there is always a silver lining, look no further than the crude tanker market, which has seen it day rates skyrocket in the face of a global pandemic that has effectively ground world commerce to a crawl.As is the case with other gravity defying business phenomena, geopolitics is a central factor, in this case a battle between Russia and Saudi Arabia to flood the world with oil in the face of declining demand and…

01 Apr 2020

Vard Scores Fishing Vessel Contract

(Image: Vard)

Norwegian shipbuilder Vard announced it has secured a NOK 500 million $47.8 million) contract to design and build a stern trawler for fishing company P/F Akraberg, a subsidiary of Framherji in the Faroe Islands.Erik Haakonsholm, Vard's General Manager of Offshore and Specialized vessels, said, ‚ÄúThe new contract is a bright spot for Vard, our employees and suppliers, and shows that it is possible to look forward despite challenging times.‚ÄĚThe hull of the vessel will be built at the Romanian yard of the Group in Braila‚Ķ

01 Apr 2020

Oil Storage at Sea Approaching Record Levels

© aerial-drone / Adobe Stock

Oil traders are storing as much as 80 million barrels of oil on tankers at sea, with further ships being sought as land storage sites fill up fast due to a global glut of stocks, shipping industry sources say.Traders rushed for storage after global oil demand collapsed by a third due to the coronavirus outbreak, and as top producers Saudi Arabia and Russia have refused to curb output so far, creating what is believed to be the biggest oil glut in history.The last time floating storage reached similar levels was in 2009…

01 Apr 2020

US Shipyards Forge Ahead Through COVID-19

The 56-foot icebreaking tugboat being built by Blount Boats for N.Y. Power Authority (NYPA). (Photo: Blount Boats)

As the novel coronavirus and its impacts continue to spread across America, U.S. shipbuilders, by and large, continue to build. While most yards have been deemed essential to marine transportation and/or national security and have been able to maintain operations, the situation at and around every shipyard is different, and there are several builders across the country that have had to temporarily suspend activity. In either scenario, it’s far from business as usual for America’s…

01 Apr 2020

China's Ports Brace for Second Hit as Virus Spread Wipes Out Exports

© lotusjeremy / Adobe Stock

China's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country's coronavirus lockdown as the global spread of the virus chokes off international demand.With Beijing reporting only sporadic domestic transmission of the coronavirus since March, workers have been allowed to return to posts, factories are restarting and ports are rushing to clear a backlog of cargoes.But with virus outbreaks now overwhelming healthcare systems and shutting logistics channels in other major economies…

31 Mar 2020

Navico Inks US Coast Guard Contract Through 2025

(U.S. Coast Guard photo by Class Ryan Dickinson)

Navico announced it has signed a five-year agreement with the U.S. Coast Guard (USCG) to provide C-MAP cartography under the USCG’s Small Boat Product Line (SBPL). Navico was selected for a competitive award by the USCG for products that met all of their technical needs. Navico’s C-MAP will deliver cartography cards to 300 different stations across America, twice a year.The SBPL aligns all boat support resources under a single entity with authority and accountability for maintenance and logistics for all boats in the Coast Guard.

31 Mar 2020

Wärtsilä Translink Receives DNV GL, IEC Certificates

The Wärtsilä Translink provides a cyber secure gateway to connect Wärtsilä navigational systems. Copyright: Wärtsilä

The technology group Wärtsilä said it has been awarded a DNV GL type-approval certificate and cyber security certification by the International Electrotechnical Commission (IEC) for its Translink solution, part of the company‚Äôs connected ECDIS concept. The cyber security verification has been issued according to the updated DNV GL rules and the internationally recognized standard for cyber security for bridge and navigation systems, IEC61162-460. Translink is a system that comprises the hardware, router, and software components.

30 Mar 2020

What Will COVID-19 Mean for US Offshore Wind?

© Bragapictures / Adobe Stock

What will COVID-19 mean for the offshore wind industry? An industry not yet spinning on its own.Epitomized by the roller coaster ride that defined the stock market over the last few weeks, unpredictability has emerged as one of the few certainties of the coronavirus disease 2019 (COVID-19) crisis. Every industry has seen the effects of the pandemic, from hospitality, to travel, and even to the renewable energy sector. Indeed, even though the US offshore wind industry is not yet fully established…

30 Mar 2020

Remote Training with Vessel-specific Software

Photo: Kongsberg Maritime

Kongsberg Maritime announced an integrated strategy to deliver remote, targeted training for its customers. Providing this service through digital platforms reduces travel, cost, time away from home and climate footprint. Three products ‚Äď Remote Training, e-Learning and K-CAT (Kongsberg Competence Assessment Tool) ‚Äď combine to ensure that vessel crews can fully benefit from Kongsberg‚Äôs expertise from the convenience and safety of their homes or offices.Remote Training is delivered through established virtual classrooms and online training tools.

30 Mar 2020

Ukraine Traders Agree Wheat Export Curb to Protect Bread Prices

© Koonsiri / Adobe Stock

Ukraine's biggest grain traders agreed on Monday to an economy ministry proposal to limit wheat exports to 20.2 million tonnes in the 2019/20 season to avoid a rise in domestic bread prices.Although Ukraine is a major grain exporter and its harvest largely exceeds domestic consumption, the coronavirus pandemic has led some countries to consider feed export restrictions.Ukrainian bakers and millers last week asked the government to limit exports of grain and related products to…

27 Mar 2020

Transnet to Cut Transport of Non-Essential Cargo During Lockdown

© OscarDiMalva /Adobe Stock

South Africa's logistics firm Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday to contain the coronavirus.The state-owned company said shipments of metals and minerals would depend on demand and government approval. It was unclear if these exports would be affected.The transport of coal to state-run utility Eskom's power stations would continue, Transnet said.Transnet operates nearly three quarters of the African rail network…

27 Mar 2020

Malin Adds Marine Hatches Arm

Fraser Gunn (Photo: Malin Group)

Scotland-based Malin Group has introduced a new hatches product range to its current marine offering and has appointed Fraser Gunn as its new business unit manager. Malin Hatches will be based at Malin’s existing Westway Business Park premises on the Clyde at Renfrew, with Fraser Gunn tasked with spearheading the company’s provision of gas and watertight hatches and doors for fixed and floating offshore platforms and marine craft.Gunn brings more than 20 years’ experience in supplying door and hatch products to the marine and offshore sectors…

27 Mar 2020

Nigeria Imposes Cargo Vessel Restrictions to Curb Coronavirus Spread

© PerErik  / Adobe Stock

Nigeria will only allow cargo vessels that have been at sea for more than two weeks to dock in its ports to prevent the spread of coronavirus, President Muhammadu Buhari said on Thursday.Health experts fear a widespread outbreak in Africa's most populous country of 200 million people which could overwhelm its creaking healthcare system.Nigeria has closed its land borders and international airports in the last week to curb the spread of the virus.Buhari said on Twitter he had issued a directive that "only cargo vessels that have been at sea for more than 14 days be allowed to dock in our ports…

27 Mar 2020

Opinion: Getting Ahead of the Reality

Frank Coles, CEO, Wallem Group

In a few short months, the mayhem wrought by coronavirus has changed the world. Our response to the epidemic [more than the virus itself] has the potential to permanently alter the balance of the global economy. But it might be the kind of Black Swan event that we need to trigger real change in the shipping industry ‚Äď and in particular its approach to digitalization of vessel operation.Like the worldview bubbles created by social media algorithms and fake news, the maritime industry is living in its own digitalization fantasyland - one fueled by vendor delusion and media misinformation.

26 Mar 2020

Tech File: Reliable Lifts

(Photo: Patterson Manufacturing)

Patterson Manufacturing‚Äės new davit cranes are designed from the ground up for improved safety, ease of use, durability and reliability. What more could you ask?Patterson Manufacturing has supplied equipment into the marine market for more than 160 years, consistently expanding its lines of winches, rigging and fittings to meet evolving demands along the way, and even engineering custom products when the job requires. Now the Pittsburgh-based manufacturer is adding a new line of davit cranes to the mix.The new cranes‚Ķ

26 Mar 2020

Brent's Fall Creates Steepest Contango in 11 Years

Oil Tanker - Image by Gudellaphoto - AdobeStock

The discount on front-month Brent crude oil futures to later contracts increased to an 11 year high on Thursday, as the coronavirus pandemic continued to cause an unprecedented slump in global demand. The spread on the May to November contracts had widened to as much as minus $10.31 per barrel at 1004 GMT, a level not seen since January 2009. The so-called contango market structure implies traders expect oil prices to be higher in the future, in this case when the virus pandemic has hopefully passed, leading them to store crude onshore or in some cases at sea.

25 Mar 2020

Osage Takes Towboat Delivery from Master Marine

(Photo: Master Marine)

Master Marine, Inc. has delivered a second towboat for Osage Marine Services, Inc. The newly built M/V Frank Mellor, like its sister ship, is a 67’ x 28’ vessel designed by Entech Designs, LLC. All USCG certificates for their Sub M compliance have been obtained.The towboat is powered by a pair of Laborde Products, S6R2-Y3MPTAW Mitsubishi 803 HP Tier III diesel marine engines to be operated at 1,400 RPM coupled to Twin Disc 5321 gears. Laborde Products, Inc. is also providing electrical power with two Northern Lights M65C13.2S 65KW Tier III electronic controlled generators with RW Fernstrum…

25 Mar 2020

Corvus Energy Invests in Canadian Battery Production

Photo: Corvus Energy

Corvus Energy is moving forward with plans to invest in its Canadian operations by expanding its Richmond, B.C. facility and increasing manufacturing capacity.As reported in early 2018, Corvus Energy is rolling out plans for expanded maritime battery manufacturing facilities in both Bergen, Norway and Richmond, B.C., Canada. A new automated battery factory in Bergen began producing energy storage systems (ESS) in Q4 2019. Corvus has signed a contract for investment in new production line equipment in the Richmond, B.C.

25 Mar 2020

EPA Tier 4: Difficult and Contentious, 12 Years and Counting

© JinnaritT / Adobe Stock

When it comes to complying with EPA’s Tier 4 emissions regulations, there’s no shortage of creativity emerging from America’s maritime engineering firms. Companies such as Hug Engineering are offering flexible, customized aftertreatment-based control systems that can assemble almost in modular like fashion. Other companies, such as ABB Group, offer battery-hybrid power sources to complement combustion power and avoid threshold diesel emissions. Engine manufacturers, such as Cummins…

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