Maritime Industry Top News
Ocean RIG Files for Bankruptcy Protection in US
Rig contractor Ocean RIG UDW Inc filed for Chapter 15 bankruptcy protection in a U.S. court amid a deep and prolonged downturn in the industry. Shares of the company plunged 36.4 percent to 46 cents in early trading on Tuesday. The Cyprus-based company, which had $3.25 billion in debt as of Dec. 31, filed for bankruptcy in the United States Bankruptcy Court for Southern District of New York on Monday. Under U.S.
A.P. Moller-Maersk Elects New Chairman to Steer Digital Transformation
A.P. Moller-Maersk's new chairman committed to automating its systems as the oil and shipping group steps up its drive to become more efficient and save costs at a time of low oil prices and declining freight rates. The more than 100-year-old conglomerate's digital push will mean that in theory, it should be as easy to book a container as booking an airline ticket, Chairman Jim Hagemann Snabe told Reuters shortly after he was elected.
Kongsberg Launches Kognifai
Kongsberg has announced the launch of Kognifai, its open and collaborative digital platform that places a portfolio of applications into the cloud. Kognifai focuses on optimizing data access and analysis for customers across maritime and energy industries, and also provides an integrated development and distribution platform for efficiency enhancing applications. “With Kognifai we are launching an open ecosystem for customers…
C-Job to Provide Basic Design for DEME’s Orion
Having recently supplied the concept design for DEME Group’s new offshore installation vessel Orion, C-Job Naval Architects said it will now provide COSCO OFFSHORE CO. Ltd (Qidong) with the vessel’s basic design package. Orion will be built at COSCO SHIPPING HEAVY INDUSTRY in China for delivery in 2019. The technical specs of the vessel, to be operated by DEME subsidiary GeoSea, will service offshore wind installation, oil and gas and decommissioning activities.
60 Liebherr Ship Cranes for Yamalmax Newbuilds at DSME
Liebherr’s ship crane department has secured orders to equip 15 new vessels of the South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co., LTD (DSME) with one ship set of four units type CBW 2100 each. That means a summarized order volume of 60 Liebherr ship cranes. The 15 ordered and identical vessels are liquefied natural gas (LNG) carriers with a capacity of 172,600 cubic meters and a total length of 299 meters.
Maersk to Lift the Lid on Digital Disruption
Maersk is set to unveil the thinking behind its recent tie-ups with IBM and China’s Alibaba when the firm’s Chief Digital Officer, Ibrahim Gokcen, takes the stage at this year’s Nor-Shipping. The maritime event week, taking place across a series of venues in Oslo and Lillestrøm from May 30 to June 2, has confirmed Gokcen as the latest high-level speaker for a program of discussion that will analyze, and help plot, the future course of the maritime industry.
China Could Deploy South China Sea Warplanes Now
China appears to have largely completed major construction of military infrastructure on artificial islands it has built in the South China Sea and can now deploy…
S.Korean Utilities to Lift 1.5 mln Tons of U.S. Coal
South Korean utilities jointly bought a total of 1.5 million tonnes of coal from the United States to arrive from the third quarter, a spokesman at one of the utilities said on Tuesday.
S. Korea Finds Remains of Ferry Disaster Victim
Six fragments of remains found, official says; DNA tests planned to identify remains. The remains of what appears to be at least one unrecovered victim of South…
CMA CGM, PSA Container Terminal JV in Singapore
The CMA CGM Group and PSA have kicked off the second phase of their container terminal joint venture in Singapore. Officiating the event were François Hollande…
George H.W. Bush CSG Conducts OIR Missions Against ISIS
The George H.W. Bush Carrier Strike Group (CSG) is currently launching missions against the Islamic State of Iraq and Syria (ISIS) in support of Operation Inherent Resolve (OIR) from the Arabian Gulf.
Antwerp Port Authority Centralises Operational, Maintenance Departments
In order to streamline the Port Authority's technical and nautical departments and improve the service to customers, these departments are being centralised to form a joint cluster.
HMAS Choules Sails for Cyclone Support
HMAS Choules has sailed for northern Queensland waters in support of communities which may be affected by Tropical Cyclone Debbie. The amphibious ship, left Sydney…
Dryships Acquires Four Newcastlemax Vessels
DryShips Inc. has entered into agreements with unaffiliated third parties to acquire four Newcastlemax bulk carriers of approximately 206,000 DWT and with an average age of 3 years.
Antwerp Focuses on India, China and Eastern Europe
Malini Dutt, Robert Feng and Martin Hubenack have recently been appointed to represent the port of Antwerp in India, China and Eastern Europe respectively. This…
New Fuel Regs Drive Scrubber Business
The Exhaust Gas Cleaning Systems Association and its members are preparing to meet higher demand for gas scrubbing systems to bring SOx emissions in line with the targets set by the IMO’s 2020 fuel sulfur content proposals. As previously reported by this correspondent in Maritime Reporter and Engineering News (December 2016 issue, page 24; January 2017 issue, page 28), the IMO has come in for some…
Simulation: Delgado Maritime & Industrial Training Center
Delgado’s Simulator Suite is comprised of three interactive Full Mission Bridge simulators. Simulators are used for Wheelhouse Proficiency Management classes to provide scenarios on navigating waterways on different types of vessels. Simulators can be programmed to run three vessels at the same time, so that students in all three wheel houses can communicate and interact with each other. Both conventional and Z-Drive controls can be used in the training.
Marine Coatings Evolve for the Better
Innovation and new technology continue to shape the marine coatings market. A narrowing field of global coatings manufacturers offer new products while improving existing ones to meet customer demand. Ultimately, customer demand, along with environmental compliance pressures are all driving the marine coatings industry as ship owners, operators and shipyards alike seek better products. Customer demands are often related to cost and efficiency.
Rolls-Royce Signs MoU to Develop Smart Ships
Rolls-Royce and the Technology Center for Offshore and Marine, Singapore (TCOMS) have signed a Memorandum of Understanding to form a strategic partnership to develop smart ship technologies. The partners will work on world leading research to develop fundamental technologies, such as smart sensing, digital twinning and integrated modelling which are essential to the development of future marine data based solutions.
ABS' Howard Fireman Weighs in on the US Brown Water Sector
Howard Fireman, Senior Vice President and Chief Technology Officer, joined the American Bureau of Shipping (ABS) in 2013. Fireman is responsible for leveraging the latest advancements in technology to drive the development of innovative products and services that promote safety and improve the delivery of class services in the marine and offshore industries. Since joining ABS, Fireman has also served…
