Maritime Industry Top News
VT Halter Marine Launches Bouchard ATB Tug
The ocean-going petroleum barge company Bouchard Transportation said that ATB tug M/V Evening Breeze was launched at US-based medium-sized ships builder VT Halter…
Keppel to Upgrade KrisEnergy Production Barge
Singapore's Keppel Offshore & Marine said its wholly-owned subsidiary Keppel Shipyard has secured a contract worth about S$30 million (US$21.8 million) for the modification…
Second Turkish Drill Ship Will Operate in Black Sea
Turkey has completed the purchase of its second drilling ship, which will operate in the Black Sea at the north of the country, Energy Minister Fatih Donmez said on Friday.Turkey is almost completely reliant on imports to meet its energy needs.
Workboat Design: MultiMission Vessels have adaptable platforms
Drug interdiction. Crew transport in hostile waters. Law enforcement. Rescue operations. Passenger vessels. Today’s MultiMission Vessels (MMVs) are a diverse collection of workboats characterized by adaptable platforms, customized with standard accessories.A larger budget for electronics and multiple, smart, navigational screens and MDTs challenge the interior configuration of already crowded MMVs…
DSC Dredge CEO Wetta Delivers Ghana Fact-Finding Trip Report
As a member of the President’s Advisory Council – Doing Business in Africa (PAC-DBIA), Bob Wetta attended the September 26, 2018 Fact-Finding Trip Report meeting in Washington, D.C., with U.S. Secretary of Commerce Wilbur Ross and 13 other U.S. Government officials. Their purpose was to deliberate and adopt the final report of the 2016-2018 term of the PAC-DBIA. Prepared by IBM’s Takreem El-Tohamy…
Ferry Safety and Technology Conference set for February in Bangkok
The 5th Annual Ferry Safety and Technology conference will be held in Bangkok Thailand on February 20‐22, 2019. The conference is designed to showcase the best practical technologies to improve safety particularly‐ but not solely, for the developing world.The conference is co‐hosted by the Worldwide Ferry Safety Association (WFSA) and the famed Chao Phraya River Boat Co. The conference features good news on multiple fronts: new high‐quality ferry systems…
Odfjell: Chemical Tanker Market Remains Stable
Odfjell SE has reported its results for Third Quarter 2018. The results reflect a stable chemical tanker market and stable underlying results from Odfjell Terminals when adjusting for the Rotterdam terminal.Odfjell SE reports EBITDA of USD 32 million compared with USD 37 million in the previous quarter.Highlights for the third quarter of 2018:• EBITDA of USD 27 million from Odfjell Tankers compared…
OP/ED: Maritime Industry Faces Compliance Standard from OSHA on Respirable Crystalline Silica
Companies with workers repairing and refurbishing ship components utilizing sand blasting have become the subject of a new U.S. Department of Labor Occupational Safety and Health Administration (OSHA) standard.All employers and employees in the maritime industry need to be aware of the new requirements as OSHA continues efforts to protect workers from the hazards of exposure to breathable silica dust.
GAO Releases Inland Waterways Report
The Government Accountability Office (GAO) has issued its latest report on the domestic inland waterways.The US Army Corps of Engineers (USACE) maintains the nation's inland waterways, including locks and dams. Its inland waterways construction projects have often seen delays and cost overruns. The USACE reports and academic studies say that the agency faces higher costs and delays because it receives funding for only a part of a project each year…
Lessons Learned from Maritime Accidents: NTSB’s Safer Seas Digest 2017 Released
Maritime accident investigation reports for collisions, explosions, capsizings and allisions and the lessons learned within those reports are detailed in the National Transportation Safety Board’s Safer Seas Digest 2017, released online Thursday.The publication is a compendium of 41 marine accident reports for accidents involving fishing, offshore supply, cargo, passenger, tanker, towing and government vessels.
Low EU River Stir Fuel Markets in Singapore
Rhine water levels hit record lows in October; river is a key fuel transport hub for Europe.Low water levels on the Rhine river have caused a fuel supply deficit in parts of Europe's industrial heartlands that is sucking up cargoes from more than 10,000 km away in Singapore.Following a long, scorching summer, water levels on the Rhine - a key commodity shipping lane connecting industrial centres in Switzerland…
Keppel Secures S$30M Production Barge Upgrade Contract
Keppel Corporation, through its subsidiary unit, has secured a production barge upgrade contract. total value of the deal is said to be S$30M.When completed in or around Q3 2019…
Lundin Norway Awards EPCI Contract to WorleyParsons
Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental…
API Enhances Offshore Safety Standard
The American Petroleum Institute (API) released its newest valve standard as part of the industry’s continuous efforts to improve operational safety and environmental…
Ørsted Concludes Deepwater Wind Acquisition
Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal valued at $510 million.The company closed…
New York Seeks 800 MW Offshore Wind
Newly re-elected Governor Andrew M. Cuomo issued a comprehensive solicitation seeking 800 megawatts or more of new offshore wind projects for New York.According…
Eni CEO Claudio Descalzi Meets Angola's president
Eni president Claudio Descalzi has met Angola's president Joao Goncalves Lourenco in Luanda to discuss the Italian energy giant's operations in the country.During…
UK: Enough Oil and Gas Reserves for the Next 20 Years
The UK has enough oil reserves to sustain production for the next 20 years and beyond, new figures indicate.A report published by the UK Government suggests that…
Higher US Export, Lower Fleet Growth Aid LPG Exports
The Middle East is the most active export market of LPG exports on very large gas carriers(VLGC), said Norway-based LPG shipping firm Avance Gas.Oslo-listed Avance…
Norwegian Breakaway Debuts as Largest-ever Homeporting Ship
Norwegian Cruise Line, the innovator in global cruise travel, returns to New Orleans introducing Norwegian Breakaway to the Big Easy with five to 11-day cruises to the Caribbean.