Blackwater Gunboats To Protect Ships
According to a Nov. 19 report from The Independent World, the American security company Blackwater is planning to launch a flotilla of gunboats for hire by the shipping companies. The firm, which received international attention when its staff killed civilians in Iraq, has already equipped one vessel, called The McArthur, which will carry up to 40 armed guards and have a landing pad for an attack helicopter. The McArthur, a former survey ship, arrives in the Gulf of Aden, the scene of the recent high-profile hijackings and shootouts with Somali pirates, at the end of the year. It is to be joined by three or four similar vessels over next year to form the company's private navy. (Source: The Independent World)
DNV GL Appoints Peter Brun as New Global Offshore Wind Segment Leader
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader. Brun is responsible for stakeholder management, alliance building and promoting offshore wind development throughout the world. Brun brings more than 26 years of experience in the wind energy industry and international diplomacy. His rich and varied expertise in the wind industry, includes holding dual Vice Chairman roles at EWEA (now WindEurope) and Global Wind Energy Council (GWEC) between 2009 to 2013.
Euronav, Gener8 Maritime Merger to Close in 2Q 2018
Tanker operators Euronav NV said that it remains confident of closing a takeover of the U.S.-based provider of international seaborne crude oil transportation services Gener8 Maritime in the next three months. On 21 December 2017 the boards of Euronav and Gener8 Maritime announced agreement on a stock-for-stock merger for the entire issued and outstanding share capital of Gener8 pursuant to which Gener8 would become a wholly-owned subsidiary of Euronav (the Combined Entity). "Work on the transaction is proceeding as planned with an anticipated closing in the second quarter of 2018…
Safety Award for APM Terminals Poti
APM Terminals Poti has been named the 2018 Corporate Social Responsibility (CSR) Award winner for the Best Project in the Human Rights Category: Increasing Safety Awareness for Truck Drivers. Organised by the UN Global Compact Network and the CSR Club of Georgia, the 2018 Corporate Social Responsibility Awards promote and support the development of corporate sustainability practices within the Republic of Georgia. This year, an independent jury evaluated 23 projects and named winners in three CSR categories: Human Rights…
Sulayem Gets DP World's CEO Role Too
DP World is pleased to announce the appointment of His Excellency Sultan Ahmed bin Sulayem as Group Chairman and Chief Executive Officer with immediate effect. His Excellency became Chairman of DP World in May 2007 and has overseen DP World's expansion, including the acquisitions of CSX and the P&O Group to become a leading global marine terminals operator. Deepak Parekh, Senior Independent Non-Executive Director said "The Board is delighted that His Excellency Sultan Ahmed bin Sulayem has agreed to become Group CEO in addition to his role as Chairman.
Albwardy Damen Receives Superbrands 2018 award
Albwardy Damen, the joint venture shipyard in Sharjah, UAE, between the Damen Shipyards Group and UAE-based Albwardy Investment, has received a prestigious Superbrands 2018 Award from Superbrands Worldwide, the world’s largest independent arbiter of branding. It pays tribute to the strongest and most valuable brands in the world through its publications and national marketing programmes. The winners of these awards were selected by the International Arbitration Board of the Award, made up of more than 4,000 marketing experts from the UAE business community.
Drydocks World hosts INTERTANKO Team
Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners (INTERTANKO) on 11 November. The delegation included Mr. Olav Eek Thorstensen, MD & CEO of Thome Shipmanagement, Ms. Ann-Marie Astrom, Vice Chairman of the Rederi AB Gotland. The delegation also included members of the board: Mr. Derya Sabaz, COO / Co-owner of v Besiktas Likid AS, Mr. Takis E. Koutris, Managing Director of Roxana Shipping SA, Mr. Tim Horne, Managing Director of Teekay, Mr. Wellington Koo, Executive Director of Valles Shipping and Mr.
Scania Evaluates Volkswagen Buyout Offer
At an extraordinary board meeting in Scania the board of Scania – excluding Martin Winterkorn, Hans Dieter Pötsch, Francisco J. Garcia Sanz, Leif Östling and Ferdinand K. Piëch – has decided to appoint an independent committee, consisting of the board members Åsa Thunman (chairman of the committee), Peter Wallenberg Jr, Peter Abele, Johan Järvklo and Håkan Thurfjell to evaluate the offer by Volkswagen and to take such resolutions in relation to the offer as are necessary. Scania adds that the independent committee will announce its opinion of the offer…
Verifavia to Provide IMO DCS Services for Liberian-flagged Ships
Emissions verification company for the transport sector Verifavia said it has signed a strategic cooperation agreement with the Liberian Registry to conduct IMO DCS and EU MRV verification services for Liberian-flagged vessels. The Liberian Registry – the second largest in the world – includes more than 4,200 vessels aggregating 150+ million gross metric tons, representing 12 percent of the world’s ocean going fleet. As part of the cooperation – the company’s first major step as an IMO DCS (data collection system) verifier – Verifavia Shipping will leverage its existing knowledge and expertise as an independent EU Monitoring, Reporting and Verification (MRV) dual-accredited verifier to deliver streamlined and efficient verification services to Liberian-registered vessels.
Technology, Economy the Focus of New Marine Academy in China
The Ningbo Nottingham International Academy for Marine Economy and Technology (IAMET) has been officially launched at a ceremony at The University of Nottingham Ningbo China (UNNC). A partnership between The University of Nottingham, Wanli Education Group and Ningbo Municipal Government, the Academy will build on Ningbo’s marine-related activities and support the city’s 12-year plan, a focus of which is the marine economy. The marine economy is one of China’s key strategic development areas.
Schat-Harding Buys Lyttelton Marine
Lyttelton Marine. "Singapore is a key hub for both the shipping and offshore worlds. and its neighbouring ports. network. network is fully capable of meeting the needs of shipowners. accidents.
Lindsay Blee Expands into the Americas
Lindsay Blee’s new U.S. Independent international bunker broker Lindsay Blee announced that it is expanding its brokering operations into the Americas with a new operation called Lindsay Blee Americas (LBA) based in Florida to support customers across the U.S. and throughout Central and South America. Lindsay Blee Americas will initially be staffed by two broker/traders as well as two support personnel. James Hills, Managing Director of Lindsay Blee, said, “Along with our presence in the U.K. and Singapore, this expansion gives our customers a true global partner capable of fuelling their fleet anywhere in the world. “Many brokers have been consolidated into large bunkering conglomerates,” said Dean Morrison of Lindsay Blee.
IRClass Accredited for EU MRV Services from RvA
Classification society Indian Register of Shipping (IRClass) has been accredited for EU MRV Monitoring Reporting and Verification services by Raad voor Accreditatie (RvA). RvA is an internationally reputed, Netherlands based EU notified body for accrediting an organisation as ‘Independent Verifier’ as per ISO 14065 and applicable EU regulation 2015/757. The EU regulation 2015/757 requires ships of above 5,000 GT, visiting EU ports and while in EU ports to monitor and report their CO2 emissions, fuel consumption and transport work.
DP World, Tata Group Mull Cooperation Opportunities
Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. The meeting was attended by Ahmed Al Haddad, Chief Operating Officer, Jafza, and Mahmood Al Bastaki, CEO, Dubai Trade. Bin Sulayem outlined DP World’s operations across 40 countries…
DSME's New LNG Tank Technology Approved by LR
The ACTIB tanks, constructed of insulated aluminium 5083, will have the world’s largest storage capacity in an independent, insulated LNG tank system. The volume capacity in the initial design will be nearly three times larger than comparable types currently in operation. Lloyd’s Register has approved new prismatic IMO Type B independent cargo tanks, so called ACTIB (Aluminium Cargo Tank Independent Type B). The initial approval is for use in a DSME-developed 210,000 m3 STD LNG-RV design in accordance with LR’s Guidance notes for liquefied gas carriers and floating offshore installations adopting IMO Type B independent tanks primarily constructed of plane surfaces.
Survey: E-Commerce is Top Priority for E&P Companies
In a survey of chief information officers (CIOs) at leading North American independent oil and gas producers, Zeus Development Corporation has learned that most rate e-commerce as their top priority for 2001. "We learned that most mid-market independents (some 300 companies worldwide that have between $10 million and $14 billion in oil and gas reserves) are interested in Internet-based technology to help them expand offshore and overseas," said Bob Nimocks, president of Zeus Development Corporation, the sponsor of the survey and organizer of the E-Business for E&P: Examining Inside- and Outside-the-Firewall Solutions for Independents conference. "We conducted the survey to learn of the key topics these independents want to learn about.
Lloyd's Register acquires WEST Engineering Services
Lloyd's Register acquires WEST Engineering Services to become the top independent provider of technical services to the offshore drilling sector. Acquisition of WEST, subsea systems specialists, builds support for exploration and production activities. Lloyd’s Register has acquired Houston-based WEST Engineering Services in a move that secures the Group's position as the premier independent risk-management organisation supporting the global offshore drilling industry. WEST Engineering Services…
DP World: Shareholders Back EZW buy, London Delisting
Shareholders of DP World have approved buying Economic Zones World from its majority shareholder and also backed the port operator's delisting from the London Stock Exchange, the Dubai-based company said on Thursday. The assent was granted at a meeting on Thursday, with the proposals received near-unanimous support from independent shareholders, DP World said in a London bourse filing. DP World last month said it would pay $2.6 billion to Dubai World for its EZW logistics infrastructure firm and would delist from the London bourse due to thin trading volumes. Dubai World owns 80.45 percent of DP World. Reporting by David French
Drydocks World Earns Dubai Chamber CSR Label
Drydocks World - a DP World company, the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate Social Responsibility Label for the fourth year in a row in recognition of the company’s efforts and contributions to excellence in various areas of social responsibility. The Dubai Chamber Social Corporate Responsibility Label is designed to provide a diagnostic practice that enables the Chamber to scrutinize and examine the activities of companies both internally and externally.
DP World, SCA Pact for Ain Sokhna Port Development
Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent. The signing of the deal comes in line with directives by Egypt’s President Abdel Fattah al-Sisi to upgrade the sea port’s status as part of the broader scheme to develop the Suez Canal region, SCA chief Mohab Mamish said. The joint venture will be responsible for installing a new harbor parallel to the current oil tanker harbor over a period of one year, Mamish said.
Keppel Bags Awilco's Semi-submersible Rig Order
Following the Letter of Intent signed by Keppel Offshore & Marine Ltd through its wholly-owned subsidiary, Keppel FELS Limited, with Awilco Drilling PLC, Keppel has secured the contract to construct a mid-water semisubmersible (semi) drilling rig for harsh environment use worth about $425 million. As part of the transaction, Awilco has independent options to order up to another three similar rigs to be exercised within 12, 24 and 36 months respectively. The prices of the three…
Vopak Expands Pengerang Terminal
Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang, Johor in southern Malaysia. PITSB will be expanded with 430,000 cbm to a total capacity of 1.7 million cubic meters.The expansion which is subject to final formalities, is expected to be commissioned progressively from Q1 2019. PITSB provides storage, blending and distribution services for crude oil and clean petroleum products. The expansion relates to the storage of clean petroleum products.
Chemoil Sparks New Age for Independents in 2008
Dynamics within the global marine fuel industry are shifting rapidly according to Chemoil Energy Ltd. With a growing physical presence in the world's four key oil ports, following the launch of its Helios Terminal, Chemoil is confident that its ability to effectively manage its customers complete delivery supply chain on a global basis can lead a new age for independent marine fuel suppliers and present a serious challenge to the industry status quo. In January 2008, the company will begin operations at its 448,000 cubic meter Helios terminal in Singapore, and is also planning to start delivering fuel from the GPS-Chemoil terminal in the UAE port of Fujairah shortly afterwards.