Maritime Industry Top News
OW Bunker Installs Coriolis Flow Meters
Company continues roll-out of measurement technology across global fleet to provide customers with accuracy in supply. OW Bunker hasannounced that it has installed a Coriolis Flow Meter on one of its refueling barges in Rotterdam. OW Bunker is the first independent physical fuel distributor to use the technology when supplying customers in the region, as it looks to ensure increased accuracy in measuring the quantity of product delivered.
RS Assesses Risk of Submarine Transit
Russian Maritime Register of Shipping (RS) under the cooperation with ŠŠŠ SOGAZ has carried out a risk safety appraisal of the submarine Ho Chi Minh for the Vietnamese Navy during its sea transit from the port of St Petersburg to the port of Kaliningrad. The scope of the survey included an assessment of activities accomplished to prepare the submarine for sea towing as well as check of compliance with the requirements stipulated by the transit project.
CMA CGM Targets Expansion in Africa
The CMA CGM Group said 2014 will be the year of African ambition. At this occasion, the CMA CGM Group announced the launch of its new advertisement campaign in Africa thus reaffirming its ambition to expand further on this continent. This new campaign, uses a CMA CGM AFRICAMAX vessel specially built to optimize operations in African ports, reasserts the Groupās position as leader in the transport market through a global offer of both maritime and inland services.
SMM Conference Returns to Istanbul
SMM Istanbul will open its gates on February 26, welcoming its exhibitors and industry visitors with an entirely new concept. The countdown is on; On February 26 and 27ā¦
BMT Nigel Gee is Actively Hiring
BMT Nigel Gee, a subsidiary of BMT Group, an international design, engineering and risk management consultancy, has announced expansion activity at its offices in Southampton to meet a large increase in design work. Operating across four principal market sectors, the naval architectural practice delivers design and engineering services for specialized vessels in the large yacht, commercial, defense and offshore energy markets.
ISS Supports Offshore Operations for PGS
Inchcape Shipping Services (ISS) has secured a further nomination from one of their key accounts to support their operations in Sub-Saharan Africa. Building on other recent successes in the region, ISS announced commencement last month of an offshore logistics and support contract for Norwegian-based Petroleum Geo-Services (PGS). Under the five-month contract, ISS will support a seismic survey project to map oil and gas deposits off the East African coast.
Unmanned Shipping a Topic at Seagoing Conference
Experts from the maritime industry met on the M/S Pearl Seaways from January 28-30 for the e-Navigation Underway 2014 international conference. One topic of the talks and discussions was unmanned shipping, which Fraunhofer CML is examining and advancing as part of the research project MUNIN (Maritime Unmanned Navigation through Intelligence in Networks). e-navigation ā in other words the collectionā¦
Transas Secures Two VTS Contracts in Bulgaria
Transas Marine has signed contracts with the Bulgarian Ports Infrastructure Company (BPI Co) for the implementation of two significant Vessel Traffic System projects in Bulgaria. The first project involves completion of the second phase of the Bulgarian River Information Services project (BulRISII). Under this contract Transas will supply and install a Vessel Traffic Management Information System compliant with all European standards and technical requirements for the River Information Services.
Oman Drydock Announces 200th Drydocking
Oman Drydock Company (ODC), based in the Middle Eastās new mega city of Duqm, signaled its "passionate and driving ambition" to catapult itself further into the regionās multibillion dollar ship repair industry after completing its 200th drydocking since launching in 2011. A ceremony was held at the shipyard, which cost $1.5 billion to build, to celebrate the landmark with shipping giant Maersk whose vessel, the 4388 TEU Maersk Wisconsin, was the 200th ship to be drydocked by ODC.
U.S. DOE Gives Preliminary Nod to Cameron, LA LNG Exports
Energy Department Conditionally Authorizes Cameron LNG to Export Liquefied Natural Gas. The Energy Department announced today that it has conditionally authorized Cameron LNGā¦
Coast Guard OPC Sweepstakes Narrowed to Three Yards
Acquisition Update: U.S. Coast Guard Awards Three Contracts for Offshore Patrol Cutter Preliminary and Contract Design. In a process that has come a long way sinceā¦
Law Firm Ince & Co Advise on Huge Jack-Up Rig Deal
International law firm Ince & Co (Singapore) LLP represented Oro Negro in its international bond issuance, an offering of US$725-Million Notes due 2019. Partner Martin Brown described the issue as very good news for both the global high yield market and the oil services sector including the jack-up rig market operating in the Mexican Gulf of Mexico. Ince & Co explain that the purpose of the issuance is to refinance the acquisition of three already delivered new jack-up rigsā¦
Inmarsat Appoint SatComms Australia 'Gold Service Provider'
Inmarsat, a leading provider of global mobile satellite communications services inform that SatComms Australia, a provider of mobile and fixed satellite solutions, has been appointed as a Gold Service Provider. An Inmarsat service provider since 2005, SatComms provides services primarily to the maritime sector and, in recent years, has extended its business to Land and Aviation users as well. āWe haveā¦
North Sea Compression Services Contract for Technip
Technip inform they have been awarded by Statoil a substantial contract for future intervention services on the Asgard Subsea Compression Stations situated on the Norwegian contenental shelf. Ranking among the largest developments on the Norwegian continental shelf, the Asgard field lies on the Halten Bank in the Norwegian Sea, about 200 kilometers off Norway. The Asgard subsea compression facility is the worldās first project of its kindā¦
Tanker Market 2014 Foundations Shaky Say Analysts
Looking at the global economy, although markets seemingly having a hard time digesting recent moves by the US Fed to scale back its bond purchasing program, a recovery appears to be on the horizon. One notable difference when compared to recent years has been that OECD economies, in particular the US, comprises a larger contribution to this development. This has been spurred by reduced energy costs on the back of the US oil boom which has been helping to reign in the unemployment level.
ASL to Build Six Offshore Service Vessels
Singapore-based ASL Marine Holdings Ltd. say that its wholly-owned subsidiary, ASL Shipyard Pte Ltd (āASLSā), has secured new shipbuilding contracts worth approximately S$97-million for the construction of six vessels. ā¢ Four Anchor Handling Tug/ Multi-Purpose Supply Vessels. The vessels have been ordered by customers in Europe and Singapore and will be built iunder the supervision of classification societies LR and ABS respectively.
ABB to Provide UK Wind Farm Subsea HV Cable Link
ABB, the power and automation technology group, inform they have won an order worth around US$55-million to supply a submarine AC (alternating current) power cable system for a new wind farm, located off the coast of Norfolk, England. The order was received from Dudgeon Offshore Wind Limited, a company owned by Statoil and Statkraft. The underwater cables will feed the electricity generated by the 400-megawatt (MW) Dudgeon Offshore Wind Farm into the UK national grid.
Caterpillar to Launch Re-Manufactured Popular Marine Engines
Caterpillar Marine is to launch the Cat Reman 3116, 3126 and 3126B propulsion engines for yachts at the 2014 Miami International Boat Show. Re-manufactured using only 100% Caterpillar re-manufactured or genuine new parts, the economical Cat Reman engines will enter production in summer 2014. Caterpillar explain that these propulsion engines will be available in ratings of 304 - 456 mhp and are ideal for pleasure craft as well as fishing vessels.
Congressman Garamendi Again Fights the Maritime Corner
During the House Transportation and Infrastructure Committeeās markup of H.R. 4005, the Coast Guard Reauthorization Bill, Subcommittee Ranking Member Congressman John Garamendi (D-Fairfield, CA) spoke up for American jobs, a revival of the maritime industry, and a Cruise Ship Passenger Bill of Rights. Because the Coast Guard Reauthorization Bill modernizes maritime policy, provides budget stabilityā¦
PPG's AMERCOAT Wins Navy Coating Award
PPG Industriesā protective and marine coatings (PMC) business inform they have received The Society of Protective Coatings (SSPC) 2014 Military Coatings Project Award of Excellence for the performance of AMERCOAT® 240 and PSX® 700SG coatings on the 'USS Freedom', the lead ship of the U.S. Navyās littoral combat fleet. The award is given annually by SSPC to recognize exceptional coatings work performed on U.S. military ships, structures or facilities.
