Maritime Industry Top News
New Fuel Rules Could Prompt Gasoil Price Spike
New fuel rules for ships entering low sulphur zones around northwest Europe and North America next year could trigger a price spike in European gasoil, whilst refiners…
LR Awarded O&G Consulting Contract
The deal will support Aker Solution’s commitment to meet safe and sustainable offshore operations in the most important new development in the North Sea. It is a…
Mobile Apps Target Regulatory Compliance
Lloyd’s Register and the UK P&I Club have updated the ILO MLC smartphone app and launched a new ISM & ISPS pocket checklist app. Both apps are free and are available for iPhone, iPad and Android devices. In a fully paperless operation, the apps enable ships’ crews and their managers to view necessary legislative and regulatory requirements, save multiple checklists, check off completed activities, add essential notes and send the completed checklists via email.
Marine Pilot Training Partnership Announced
BMT Consultants India (BMT), an international maritime design, engineering and risk management consultancy, announced a partnership with Bibby Ship Management to deliver training for marine pilots. Based at Bibby’s state of the art training center at St Xavier’s Technical Institute in Mumbai, the new partnership will utilize BMT’s REMBRANDT marine maneuvering simulator. Operating directly from S57 ENC chart data…
New Helicopter and Helideck Courses from Maersk
Maersk Training announced the launch of two new offshore emergency courses: the OPITO Helideck Emergency Response Team Member Training and the OPITO 6 Day Combined Helideck and Team Member Training. These two OPITO Accredited courses will kick start this month at the company’s training center in the northeast of Scotland and be delivered using a newly built Helicopter simulator and helideck. Following a significant financial investment last year…
SEACOR Holdings Earnings Dip
SEACOR Holdings Inc. has announced its results for its year and fourth quarter ended December 31, 2013. • For the year ended December 31, 2013, net income attributable to SEACOR Holdings Inc.
VADM Paul Zukunft Nominated to be 25th U.S. Coast Guard Commandant
Jeh Charles Johnson, Secretary of Homeland Security, announced on February 28th that Paul F. Zukunft has been nominated by President Obama to be the 25th Commandant of the U.S. Coast Guard.
Mombasa Traffic up 1.8 percent in 2013
Kenya's main port of Mombasa handled 1.8 percent more cargo in 2013, aided by improved efficiency and capacity, the port's management said. Landlocked neighbors…
BP to Separate U.S. Shale Assets into New Business
British oil company said it planned to separate its onshore U.S. oil and gas assets, including its shale resources, into a different business which it would own…
Russian navy to add three landing vessels in 2015
The Russian navy will add three new large landing ships next year to the 19 already in service, Defence Minister Sergei Shoigu was quoted as saying on Tuesday. The…
Oil falls below $110 as Ukraine worries ease
Putin orders troops in military exercise back to base. U.S., EU warn Russia could face sanctions over Crimea; U.S. crude inventory likely rose 1 mln bbls last week.
BP: No VLCC liftings from UK's Hound Point in May, June
No very large crude carriers (VLCCs) will load from Britain's Hound Point oil terminal in May and June due to planned maintenance, a spokeswoman for operator BP said on Tuesday.
Seadrill CFO: Offshore oil rig rates to fall further
Offshore drilling rig rates will continue to fall in the coming period and the rate spread between old and new equipment will continue to widen, Rune Lundetrae,…
TMPS Appoint Martinez Sr. Superintendent Engineer
Diesel engine service and engineering specialists Trans Marine Propulsion Systems, Inc. (TMPS), inform that Noel Martinez has joined the 29 year old company as the Senior Superintendent Engineer to manage Non OEM 2 and 4 stroke field and component service on Wartsila engines and their related components. "We are very excited about expanding our field service expertise with the addition of Mr. Martinez to the team," stated Shane Roeser, TMPS President.
Engine Room Fire Prevention Below Par Say Experts
Lessons are still not being learnt when it comes to preventing engine room fires according to Braemar SA (Braemar Incorporating The Salvage Association). He adds: “On many of the vessels I visit, these hot spots are only too easy to find, with thermal imaging photographs readily identifying these defects”. Braemar SA says that, despite all the attention classification societies aim at fire prevention and protection design…
Harwich Dock & OMM Get Dong Offshore UK Cable Services Contract
The Harwich Dock Company (HDC) and Offshore Marine Management (OMM) have secured a significant long term contract with DONG Energy, one of the leading energy groups in Northern Europe…
IES Maritime Fire-Fighting Services Now Serves US East Coast
Industrial Emergency Services LLC (IES) says that as part of its ongoing nationwide expansion of land-based and maritime emergency response and related safety services, it has added capabilities on the East Coast to supplement its existing Gulf Coast and West Coast infrastructure. Headquartered in Baton Rouge, LA, IES informs that the East Coast locations include Linwood, PA and Fort Lauderdale, FL.
Textron Choose IBASEt Manufacturing Software
iBASEt, developers of Solumina’s Product Lifecycle Execution (PLE) software suite say that Textron Systems operating unit Textron Marine & Land Systems, has selected…
FSL Requests Bourse Trade Resumption
Further to the announcements made on 19 November 2013 and 14 January 2014, FSL Trust informs that its Board will request for resumption of trading of its units on SGX-ST. This announcement comes following the recent agreement reached with lenders regarding a relaxation of FSL Trust loan covenants until 31, December 2014, as mentioned recently. The Trust advises unit holders to refer to the press release announced on 28, February 2014 for the key conditions of the Relaxation.
Asia-Middle East/India Cargo Growth Poor in Q4 2013: Analysts
Cargo growth between Asia and the Middle East/Indian Subcontinent region was poor in 4Q 13, indicating that ocean carriers need to seek economies of scale and to look for more profitable ways of serving the trade lane, finds Drewry's latest Container Insight Weekly in a trade route analysis. Cargo shipped from Asia to the Indian Subcontinent (ISC) and Middle East region (including the Red Sea) averaged 502…
