U.S. Midwest Refiners Boost Output
U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps. Since the early 2000s, crude and fuel flows from the Gulf Coast into the U.S. heartland have been cut in half, as crude coming from Canada and North Dakota has pushed U.S. Midwest refining activity to record levels. In 2016, Midwest refining capacity rose to 3.9 million barrels per day (bpd) of crude, the highest annual volume on record.
ZIM Seven Stars Express Service to Add a Kaohsiung Call
ZIM is pleased to announce that starting November 2017, ZIM’s popular Seven Stars Express Service (Z7S) will add a call in Kaohsiung, Taiwan, offering unique advantages to customers, said a company press release. The service includes: Direct access to New York Maher terminal, Unique product linking Kaohsiung and Wilmington, NC, Fast transit time from Wilmington and Savannah; A premium product for USA exports to Taiwan, Calling Terminal 5, Pier 77/78 in Kaohsiung, for easy access from main manufacturing areas and End of the week departure from Kaohsiung.
Daly Joins Sea Machines as COO
Boston-based smart ship technology company Sea Machines Robotics has hired Jim Daly as Chief Operating Officer. Daly was previously Chief Operating Officer and an early member of the leadership team at Rethink Robotics, where he scaled operations from technology concept through first and second-generation products. He most recently led the Sawyer robot product development project from conception through design, launch and global customer deployment. He held earlier senior leadership roles at startups Zeemote, Tea Forte and Handspring, and as a Division Manager at Solectron Corporation. Daly earned a BS from Worcester Polytechnic Institute and an MBA from Santa Clara University. He serves on the Advisory Board for Robotics Engineering at WPI. Michael G.
APL Adds Eagle GO to Suite of Eagle Guaranteed Services
As the Trans-Pacific trading season heats up, APL today launched the new Eagle GO Guaranteed product. A first-of-its-kind ocean freight guarantee, it promises equipment and vessel space on board all APL’s North America-destined services that directly call Shanghai, Ningbo and Yantian in China; as well as Cai Mep in Vietnam. “APL’s Eagle GO Guaranteed seeks to address the concerns of equipment and vessel space shortages as the Trans-Pacific trading season goes full steam. It guarantees priority shipments on APL services…
Inland Marine Insurance: Assuring Property and Goods Move Forward
Though water covers more than 70 percent of the Earth’s surface, businesses engaged in marine shipping operations and logistics, and other businesses that manufacture and ship product still have a lot of ground to cover getting their various goods to their final destinations. The ocean marine insurance market, the oldest insurance market in the world, was initially developed to protect these goods while crossing the ocean’s open waters, later to morph into a product to protect all international transportation regardless of mode.
Kongsberg Naval Sonars for Göteborg-Class Corvettes
Kongsberg Maritime said it has been selected to deliver ST2400 VDS (Varial Depth Sonar) systems for Anti-Submarine Warfare applications (ASW) to the Royal Swedish Navy as part of SAAB’s upgrade program for the Göteborg-Class Corvettes fleet. The main purpose of the ST2400 VDS is to detect submarines, mines and Unmanned Underwater Vehicles in Littoral waters. The ST2400 VDS upgrade will strengthen the Göteborg-Class Corvettes Anti-Submarine capability operating in the Baltics.
Clean Marine Secures Multi-Vessel EGCS Contract
Clean Marine, developer of Exhaust Gas Cleaning Systems (EGCS), has secured a multi-vessel contract from Inventor Chemical Tankers AS (ICT). The agreement, covering seven 19,900 DWT chemical tankers, marks the launch of the firm’s CleanSOx Compact Hybrid Allstream scrubber to the marketplace. According to Clean Marine CEO Nils Høy-Petersen, the company has been exclusively dedicated to EGCS solutions since its inception in 2006. “Our latest product has been designed to ensure ship owners can achieve simple, cost and space efficient compliance with the IMO’s SOx regulations, coming into force in 2020,” he said. ICT has partnered with Clean Marine and technical manager Diamond Shipmanagement Pte Ltd…
Victor Restis Buys Stake in Globus Maritime
Globus Maritime Limited, a dry bulk shipping company, announced that it has signed a share and warrant purchase agreement providing for the issuance, for gross proceeds of $2.5 million in a private placement to a private investor. The Company intends to use the proceeds from the sale of common shares and warrants for general corporate purposes and working capital. "Restis has significant experience in shipping and currently runs a fleet of approximately 40 vessels. We continue…
WESMAR to Showcase New Stabilizer Technology
WESMAR said it will display its stabilizers, thrusters, sonar and hydraulics at the 58th Fort Lauderdale International Boat Show November 1 to 5, 2017. Held in what is known as the “Yachting Capital of the World,” the exhibition covers an area 9-miles-long and draws visitors from around the world. “As boat values continue to increase and moorage and dock space become more crowded, WESMAR products have become among the most important equipment owners and captains have come to rely on,” said Bob Sentz, WESMAR Vice President.
Port of Amsterdam Signs Pact with Port of Fujairah
Port of Amsterdam, STC-Group Holding and Iskes Towage & Salvage signed a Memorandum of Understanding (MoU) in Amsterdam with Port of Fujairah (PoF), one of the largest oil storage and bunkering hubs in the world. The agreement focuses on further strategic cooperation. Located on the east coast of the United Arab Emirates, the port of Fujairah has seen tremendous growth in the past decades, turning from a regional multi-purpose Port into an important part of the global oil supply chain.
ZF Marine Opens New North America Commercial Craft Center of Competence
The new facility has dedicated transmission and thruster repair facilities, and larger warehouse and training areas. ZF Marine has a long standing presence in Louisiana, opening their first location in the city of St. Rose in 1996. The ever increasing customer base combined with the addition of the commercial thruster product line in 2009 resulted in the need to create a larger physical presence in the region. A comprehensive search of the region resulted in ZF finding a new home at 677 Time Saver Avenue in Elmwood, Louisiana.
Wärtsilä Acquires Guidance Marine
Wärtsilä has acquired Guidance Marine Limited, a technology leader within the marine industry for sensor solutions relating to dynamic positioning and other vessel control systems, such as collision avoidance and remote control operations. Wärtsilä said it is committed to providing technologies needed to enhance “intelligent” shipping, whereby digital solutions will improve the efficiency, safety and profit earning capabilities. According to Wärtsilä, the acquisition of Guidance Marine will enhance its capabilities in the areas essential for more intelligent vessel navigation such as situational awareness and near-field measurement.
Master Marine Delivers for Waterfront Services
Master Marine has delivered the first of four 67’ x 28’ fleet boats to Waterfront Services Co. Each boat will be powered by a pair of Laborde Products, Inc. S6R2-Y3MPTAW Mitsubishi 803 HP tier III diesel marine engines to be operated at 1,400 RPM coupled to Twin Disc MG 5321, 5:1 gears, E300 electronic controls with RW Fernstrum, Inc. keel coolers. Electrical power was also provided by Laborde Products, Inc. with two Northern Lights M65C13.2S 65KW Tier III electronic controlled generators with RW Fernstrum, Inc. keel coolers. A pair of Sound Propeller Services, Inc.
CMA CGM: Indian Sub-continent Service Enhancement
To better respond to our customers’ needs in the dynamic East Africa market, CMA CGM will upgrade and broaden its service offering connecting India and Middle East Gulf to East Africa. Swahili Express service remains unchanged. A wide range of intermodal solutions to Eastern Africa domestic and cross border destinations service offering is proposed by CMA CGM Group in addition to the maritime services.
UTLC Launches Service from China to Europe
Russia's JSC United Transport and Logistics Company (UTLC) jointly with KTZ-Express launched a new transport product for the delivery of non-hazardous chemical goods in tank containers from China to Europe as part of the regular container service U West (Dostyk-Brest). The first train, consisting of 82 twenty-foot tank containers, loaded with butylene glycol produced by XINJIANG MARKOR CHEMICAL INDUSTRY, departed from Korla Station (China). The cargo transited through the territories of Kazakhstan…
Scorpio Tankers Signs Sale-Leaseback with Bocomm
Scorpio Tankers has agreed to sell and leaseback five 2012 built MR product tankers (STI Amber, STI Topaz, STI Ruby, STI Garnet, and STI Onyx) to Bank of Communications Financial Leasing (Bocomm Leasing). As of today, three of the five transactions have been completed, which has increased the Company’s liquidity by approximately $21 million in aggregate after the repayment of the outstanding debt. The sales price for each vessel is $27.5 million, and the Company will bareboat charter-in the vessels for a period of seven years at $9,025 per day per vessel.
New Integrated Solution for DP Reference Systems
Fusing its decades of experience within the development of in-house GNSS and inertial technology, Kongsberg has created a cutting-edge integrated solution for DP reference applications. DPS i2 and DPS i4 are fully scalable DP reference solutions that improve operational efficiency and safety for high-precision applications. The new integrated solution has been in operation aboard the OSV Bourbon Arctic in Northern Norway for the past six months. DPS i2 and DPS i4 utilize Kongsberg’s motion gyro compass (MGCTM) and motion reference unit (MRUTM) technology.
DEUTZ Goes Digital: New Online Service Portal
DEUTZ launched a service portal for workshops, end customers and machine operators at www.deutz-serviceportal.com, giving its customers access to information and the easy ability to order genuine DEUTZ spare parts from its local service partners 24/7. The portal's ability to access the documentation for more than 1.5 million DEUTZ engines, and therefore to be the most up to date with regards to technical developments, is touted as a benefit, as it can display a list of spare parts to match each engine number, for example.
A.R. Larsen Co., Inc. 15040 N. Accord International, Inc. 4380 S. Wayside, Ste. Products: Bulbflats, T-bulb, L-Profiles, millimetric Universals & Flats. 2203 Northwood Drive, Bldg. Products: DC Inverter Stick, MIG, TIG and Stud Welders that offer proven reliability, rugged construction and great welding characteristics. Products: Temporary Surface Protection for marine survice, repair and building projects. Bell Design Group Ltd. Products: Full service architectural design, interior decor and exterior styling concepts. Experienced designs comply with Coastguard Authority regulations, SOLAS and Lloyd`s Register. Benjamin R. Climax Portable Machine Tools, Inc. 2712 E. Products: Boring bar systems, Bore Welding Machines, Valve Repair Machines, Flange Facers, Milling Machines, Lathes.
RH Marine Launches Rhodium Product Line
System integrator and innovator of electrical and automation systems RH Marine has officially launched its own product family brand at the international maritime trade fair SMM in Hamburg last week. RH Marine said product innovation is one of its main focusses. During the years this has resulted in multiple quality brands such as UniMacs integrated bridge and FT NavVision. To provide a clear overview of the RH Marine product portfolio, RH Marine has chosen to place all products under one new brand: Rhodium.
Global Logistics to Reach $12 Trillion by 2025
The global logistics industry is expected to reach $12 trillion in value by 2025, recording a 6 percent CAGR over the period, says a research report. According to Wiseguyreports, 2015 was a difficult year for global logistics companies. However, accelerating Asia Pacific economies and recovering manufacturing in Western Europe are expected to have a positive effect on global logistics, which started to recover in 2016 and is expected to continue solid growth in the next 10 years.
Twiflex: Turning, Locking & Braking System
Regular maintenance of propulsion shafts and propellers requires shafts to be aligned and locked in place so that ships’ engineers can perform the needed work. A Turning, Locking & Braking (TLB) System from Twiflex Ltd. provides a compact solution to allow the shaft position to be set and locked when the vessel is stationary. The Twiflex TLB consolidates three usually separate interfaces and functions into one design package. The modular TLB system is configured to allow customers to select and install one of the turning…
Fleet Growth Weighs on Product Tanker Earnings
Healthy returns enjoyed by the product tanker market in recent years are under threat as impending fleet growth is expected to reduce the sector’s earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry. The widespread switching of trade by product/chemical tankers (also called “swing” tankers) from chemicals to refined products has resulted in rapid growth in the product tanker fleet, which has expanded by 11.4 million dwt through 2012-14 (of which 8.2 million dwt is attributable to switching of tonnage).