Maritime Industry Top News
Unique Barge-ferry Delivered in Canada
At the completion of its 1,000 km drive along the highway from Edmonton to Hay River and the 850 km sail down the Mackenzie River to Norman Wells, the Aurora Yukon was delivered to its owner by the builder Waiward Steel LP of Edmonton, AB. The Aurora Yukon will operate with an existing tug, to carry vehicles and passengers across the Mackenzie River at Norman Wells. The Aurora Yukon replaces an existing barge which was originally built in 1969. The barge was designed by Robert Allan Ltd.
The Environmental Age: What Will Power Future Ships?
What will power the future shipping fleet? What will the future fuel mix be? These questions are being asked with greater frequency in the wake of the Global 2020 Sulphur Cap ruling agreed at the International Maritime Organization and other tightening regulations around air pollution and emissions from shipping operations. The need to take action is, in turn, driving the development and application of innovative alternative power and propulsion technology for ships.
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.
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…
Hybrid Energy Storage Solution Installed on Viking Princess
Wärtsilä said it completed the installation of a hybrid energy system on board offshore supply vessel (OSV) Viking Princess. The Norwegian vessel is now the first ever OSV in which batteries reduce the number of generators aboard the ship. The new energy storage solution will improve engine efficiency, generate fuel savings and reduce greenhouse gas emissions. Viking Princess completed sea trials and the system was handed over to customer Eidesvik Offshore on October 9, 2017.
Vard to Negotiate for Three Coast Guard Vessels for Norway
Ship designer and builder Vard Holdings Limited announced that it has been invited to continue negotiations for the construction of three new vessels for the Norwegian Coast Guard.
Oil Rallies on Chinese Import Boost and Mideast Tensions
Oil prices firmed on Friday as bullish news from strong Chinese oil imports to turmoil in the Middle East put Brent on track for a nearly 3 percent weekly gain. The developments added to other signs that the market was finally rebalancing after years of excess, but analysts warned that the 2018 balance was still shaky. Brent was at $57.20 at 1335 GMT, up 95 cents. U.S. West Texas Intermediate (WTI) crude was at $51.44 per barrel, up 84 cents from its last settlement.
Orest Sychenikov, First Head of Novorossiysk Shipping Company, Passed Away
It is with great sadness that the Sovcomflot management and team must announce a monumental loss to the Russian shipping community. On 9 October 2017, Orest Sychenikov…
Maritime Moves 95% of UK's Global Trade
The Maritime sector makes a substantive macroeconomic contribution to the UK through turnover, Gross Value Added (GVA), employment and through the compensation of employees.…
Diana Shipping Sells Panamax Dry Bulk Vessel
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed, through a separate wholly-owned subsidiary…
JNPT's Cargo Traffic Grows by 6.26%
The Jawaharlal Nehru Port Trust (JNPT), India's largest container port, further improved its performance in the first six months of the current financial year by…
TOTE's Productivity Increases at Port of San Juan
TOTE Maritime continues to see an increase in overall productivity at the Port of San Juan as more and more containers leave the terminal for communities around Puerto Rico.
Market Snapshot: Offshore Outlook
Notwithstanding the recent surge in crude oil prices, it isn’t lost on anyone that the offshore oil exploration business is, and has been for some time, in the doldrums. In the U.S. Gulf, that pain can be seen through Chapter 11 filings and the sobering specter of vessel after vessel rolling off the shipyard ways and directly into cold iron layup. And, it doesn’t help that the shore-based shale drillers have not only found a way to drastically reduce their operating expenses…
Can Employers Ask About Prescription Drug Use?
On the waterfront, it all depends. It is well established that workplace safety and productivity can be compromised, not just by the use of illicit substances and alcohol, but also by the use of prescription drugs. Federal law, however, imposes limits on employer inquiries in this area both with respect to the affected job classifications and the scope of the inquiry. Generally, an employer may not…
FLNG Hilli Episeyo Departs Singapore Early
Golar LNG Limited said today that its floating liquefied natural gas (FLNG) vessel Hilli Episeyo departed Singapore for Cameroon earlier than anticipated, leaving at 10 a.m. local time on October 12.
Patrol Vessels Delivered to Bangladesh Coast Guard
Two Minerva class corvettes decommissioned by the Italian Navy have been delivered to the Bangladesh Coast Guard (BCG) following upgrade and conversion at the Fincantieri shipyard in Muggiano, La Spezia. Urania and Danaide, renamed Karamuzzaman and Mansoor Ali, are the final two units part of the supply contract of four offshore patrol vessels (OPV), to the BCG, which have been retired from the national fleet in March 2016.
SCF's New Icebreaker Named Fedor Ushakov
Russia’s PAO Sovcomflot (SCF Group) currently operates 10 vessels that serve the Sakhalin-2 project, including three oil tankers, two liquefied natural gas (LNG) carriers and five icebreaking supply and standby vessels. Its latest addition to this specialized fleet, a newly built multifunctional icebreaking standby vessel (IBSBV), was formally named Fedor Ushakov at a ceremony on October 11. The vessel…
Alfa Laval Introduces PureBallast 3.1 Compact Flex
Now in its third generation, the newest Alfa Laval PureBallast ballast water treatment system has been engineered to minimize footprint and installation costs. Alfa Laval PureBallast 3.1 Compact Flex is the latest addition to the PureBallast family of systems. Based on loose components, it is the answer to space and flexibility needs. Available for flows of 32–1,000 m3/h, it packs the leading ballast…
GMG Acquires Fugro’s Trenching, Cable Laying Business
Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year secured vendor loan of $ 7.5 million. Fugro said it will realize a gain on this transaction, valued at approximately $73 million. GMG is a supplier of subsea cable installation and maintenance services in the telecoms, offshore renewables, power and oil and gas market segments.
Gothenburg Port Extends Discount Period for Vessels
Gothenburg Port Authority has opted to keep the Port Tariff unchanged for the third year in succession. The charges for 2018 will thus be on the same level as 2015.
