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Meyer Turku Announces Layoffs
Finnish shipbuilder Meyer Turku on Tuesday started statutory talks to lay off up to 450 of its roughly 2,000 employees because of a hit to business from the coronavirus pandemic.The Turku shipyard on Finland's west coast, which primarily builds cruise ships, had initially started talks over temporary layoffs, but said the market situation had now forced it to look for permanent cuts."These negotiations…
Interview: A Return to Wind Power with Tuomas Riski & Norsepower
Norsepower CEO and co-founder Tuomas Riski has put a new spin on some established technology, bringing wind power back to shipping in an undeniably eye-catching manner. Here Nor-Shipping’s latest ‘Ocean Action Hero’ explains the benefits of his firm’s unique technology, his plans for building global market presence, and the key role Norsepower’s sails can play in enabling a more sustainable shipping industry.
Insights: Contracts are Overrated in Maritime
My company has been around since 1875, and today we actually still do things that were being done in 1875. We still get calls from underwriters to attend on disasters all over the place, and we are still asked to provide values on ships on a moment’s notice.Moreover, some of the companies that ask us to attend to those issues, in some form or another, also have been around since 1875.That results in a very smooth operational routine…
BIO SEA BWTS Approved by USCG and IMO
BIO-UV Group has received IMO & USCG type approval for its next generation low flow rate ballast water treatment system range.The BIO-SEA L Easy-to-Fit system had to undergo new type approval testing as it incorporates a completely new UV-reactor, designed to meet market demand from the luxury yacht, expedition cruise and offshore vessel segments, where ballast water pump flow rate capacities are often under 100m3/h.Benoît Gillmann…
Work from Home: Energy Traders Swap Shouts for Babies, Barking Dogs
SINGAPORE, March 24 -- From banks of screens and giant phones in the office, energy traders worldwide are adapting to a laptop in the bedroom -- and it's going surprisingly well.Working from home has become the new norm in the oil trading hubs of Singapore, London and New York as governments encourage physical distancing to curb the spread of coronavirus.While some energy companies have long had facilities in place to allow off-site access to trading platforms and other technology…
Glencore Charters World's Largest Tanker to Store Crude
Trading house Glencore has chartered the 3 million barrel crude carrier Europe to store oil at sea for at least 6 months, trading sources on Tuesday.The vessel is one of two so-called ultra large crude carriers (ULCC), the largest tankers in the world.Glencore booked the vessel at a rate of $37,000 a day for the first six months, according to the sources.A Glencore spokesman declined to comment.Sources told Reuters last week that Royal Dutch Shell had provisionally booked at least three supertan
Partners Developing Electric Launch for Canaveral Pilots
Glosten said it is working with fellow naval architecture firm Ray Hunt Design and the Canaveral Pilots Association on a pilot/demonstration project for the design, construction and operation of an electric pilot boat.Marking a first for a pilot boat in the U.S., the vessel will feature a battery-electric propulsion system with an emergency ‘get home’ diesel engine.During the feasibility-level engineering…
US Lifts Sanctions on COSCO's Dalian Unit
The United States on Friday lifted sanctions on one of two units of the Chinese tanker company COSCO, the U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about the measure in trade talks with Washington.President Donald Trump's administration on Sept. 25 blacklisted two units of COSCO, named after the northeastern Chinese port of Dalian.
One Dead, Two Missing in Galveston Ship Collision
The US Coast Guard and local authorities on Wednesday continue to search for two fishermen missing after a fatal vessel collision in Galveston, Texas.The Coast Guard said four fisherman were forced into the water on Tuesday afternoon when their 81-foot vessel Pappy's Pride capsized following a collision with the 600-foot chemical tanker Bow Fortune near the Galveston jetties.One crew member has been rescued…
Beware of the Nominal Entity
Make sure you know who you are really contracting with.A famous U.S. politician once insisted that “it takes a village to raise a child.” That said, any marine operator will tell you that it takes an even larger village and a ridiculous number of contracts to operate a vessel, and even more to manage a fleet of vessels. To make our marine operations run, we have to agree to contracts that provide for the construction or charter of a vessel…
NOx Control: Should Certain Vessels Get a Break?
When it comes to the EPA’s recent proposed delay to implementation of Tier 4 marine diesel engines ‘in certain high-speed commercial vessels,’ where you stand probably depends on where you sit.On September 6, the U.S. Environmental Protection agency (EPA) proposed to delay implementation of Tier 4 marine diesel engines “in certain high-speed commercial vessels.” Specifically; EPA mentions three kinds of vessels: lobster boats…
UAS Announces New Marine Transportation Scholarship
As tourism increases so will the demand for trained, licensed employees and sea pilots navigating the Inside Passage and a new University of Alaska Southeast (UAS) scholarship endowment was inspired to do just that.The Captain Michael A. Clinkscales Maritime Scholarship has been established to support UAS students enrolled in marine transportation courses. Fellow sea pilots led the cause to raise more than $38…
Shipbuilder Wins $1.13B Orders for 6 Ships
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has secured orders for a total of six liquefied natural gas (LNG) carriers from European and Asian shipowners…
Icebreaking Kicks Off on the Great Lakes
It's that time of year.The US Coast Guard announced it has commenced icebreaking operations in response to expanded ice growth in the commercial ports of western Lake Superior.Operation Taconite, launched by Coast Guard Sector Sault Sainte Marie on Wednesday, is one of two icebreaking operations that support the Great Lakes. It encompasses Lake Superior, St. Marys River, Straits of Mackinac, Georgian Bay…
DOMESTIC DREDGING: U.S. Ports Require a Diverse Fleet
The reasons for that are many and these realities cater to regulatory, commercial and regional needs.The U.S. dredging market is complex and relies on the diverse fleet of private dredging companies to get the job done. In addition to design and technical capabilities, environmental restrictions and regulations often dictate whether a trailing suction hopper dredge, cutter suction dredge, or mechanical dredge can respond to the coastal protection…
Jan De Nul Orders Floating Installation Vessel
Luxembourg-based Jan De Nul has ordered a second mega offshore installation vessel, Les Alizés, from the CMHI Haimen shipyard in China.Together with the Voltaire…
Shock Mitigation: Size Matters
When it comes to shock-mitigation, bigger is truly better.Let’s consider a thought experiment: You must take the wheel of one of two cars speeding along straight tracks with no exits. Both cars are traveling at 100 km/hour, but the first is 100 meters from a brick wall while the second is only 10 meters from an identical wall. There is nothing to do but decelerate before the crash, and assuming your decision is guided by self-preservation the choice is obvious. Why?
ICS Opens China Liaison Office in Hong Kong
The global trade association for shipowners and operators, International Chamber of Shipping (ICS) opened its China Liaison Office in the Hong Kong Special Administrative Region (SAR) on Tuesday…
USCG PSC Equals meaningful Polar Presence
The Coast Guard needs a ship that can do more than just break ice; it needs a multi-mission ship to provide for the nation’s security, asserting its sovereign rights, and protecting its long-term economic interests. That ship is the Polar Security Cutter.Since Russia cashed the check in 1867 for the purchase of Alaska the U.S. has been an Arctic nation. Today, it is one of eight countries that have…
Offshore Wind: a Freshening Breeze?
July brought news about offshore wind. There was something for everyone: optimism, disappointment, and construction, too.Finally, starting with Dominion Energy’s Coastal Virginia Offshore Wind Project, a joint venture with Danish wind developer Orsted is underway. True, this is a small project – just two wind turbines to be installed 27 miles east of Virginia Beach. But considering all the preceding hurdles, news about Dominion blew in as proverbial, hopeful fresh air.
