Maritime Industry Top News
‘Parallel Track’ at Upcoming IMUA Meeting
The Inland Marine Underwriters Association (IMUA) annual meeting will be held in Atlanta, May 19-22, 2013 and will feature Parallel Track. The Parallel Track addition is specifically focused on newer…
Indian Shipyard Delivers PSV Sea Tantalus
Cochin Shipyard Limited (CSL) delivered the high specification Platform Supply Vessel (PSV) to PSV Holding Inc., Liberia. Sea Tantalus is a PSV 05L CD type, designed by Vard Group AS, Norway, and is classed by Det Norske Veritas (DNV). The vessel has been assigned the "Clean Design" notation by DNV signifying the highest levels of environmental compliance, and is the first ship built by CSL to be filled with a ballast water treatment plant.
Tri-fuel LNG Carrier Delivered to GasLog
GasLog Ltd. announced the delivery of a new LNG carrier GasLog Santiago, from Samsung Heavy Industries. Immediately on delivery, which was on budget and ahead of schedule…
Cal Dive Wins GoM Subsea Pipeline Contract
Cal Dive International awarded an EPIC contract by Pemex Exploración y Producción; updates Q1 2013 expectations. The contract is for the engineering, procurement…
Arctic Ice Melt Has Begun
NOAA Environmental Visualization Lab reports ice now shrinking. After reaching its maximum extent for the year on March 15, 2013, the average extent of sea ice in the Arctic has begun shrinking and will probably reach its minimum extent sometime in mid-September. This year’s maximum extent was the sixth lowest in the satellite record, according to the National Snow and Ice Data Center. At 15.13 million square kilometers…
PPG Appoints Sklarsky
PPG Industries said Frank S. Sklarsky will join the company as executive vice president for finance, effective April 15, reporting to Chairman and CEO Charles E. Bunch.
London P&I Issues Warning on Bagged Rice Cargoes
The London P&I Club has advised shipowners to seek advice before loading bagged rice cargoes in view of the inherent risks associated with the trade and an increase in the severity of claims in recent years. In the latest issue of its StopLoss Bulletin, the club notes that poor freight markets have seen an increase in the number of owners employing their ships in the bagged rice trades. It says the…
Keppel to Build Jackup Rigs Worth $820 Million
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth $820 million (USD).
AKA Partners with KOTUG International
Aspin Kemp & Associates (AKA) announced a collaboration with KOTUG International for the newbuild construction of two hybrid Advanced Rotortugs. Following AKA and KOTUG’s hybrid retrofit of the RT Adriaan in early 2012, the team are partnering once again to provide the next generation of hybrid Rotortugs for KOTUG’s fleet on behalf of Elisabeth Ltd. based in Malta. AKA’s XeroPoint hybrid marine propulsion system will be installed onboard Rotor tug’s new and innovative tugboat design…
Port of Gibraltar Joins Green Award Scheme
The Port of Gibraltar announced its participation in the Green Award scheme at an official ceremony on March 27, 2013. The Port will award sustainable ships certified by Green Award with a 5% reduction in tonnage dues starting April 1. In keeping with their mission to ensure navigational safety and pollution control, the Port of Gibraltar have decided to provide a 5% reduction in tonnage dues for all…
KPI Project Gains Momentum
So far, 120 companies have registered with the international KPI Project, started by InterManager but now an industry-led initiative. KPI data is being uploaded from more than 1,600 vessels into the web-based InterManager KPI Environment (IMKE) system. To date more than 5,000 sets of data have been submitted for each KPI category — enabling analysis to provide industry rankings for each measurement. Of the vessels submitting data tankers form the largest sector. Capt.
China Firm Obtains MHI Deck Crane License
Mitsubishi Heavy Industries, Ltd. (MHI) signs an agreement allowing STX Construction (Dalian) to produce & market marine deck cranes. Through licensing to this company member of the STX group, which has shipyards in Korea, China and Europe, MHI aims to accelerate global market penetration of its technology-based marine deck cranes. The deck cranes to be licensed are two models, currently on the market…
Florida Dredging: ACE Funding Approved
The US Army Corps of Engineers (ACE) receives funding for various Florida dredging projects to restore pre-Sandy condition. As a follow-up to a recent announcement regarding the U.S.
Chukar Subsea Waterjets Cut/Blast at 3,000m Depth
Chukar Waterjet manufactures underwater ultra-high pressure waterjet cutting and blasting equipment capable of operating at depths in excess of 3,000 meters. Effective at cutting steel up to 250 mm thick or waterjet blasting at pressures up to 3,800 bar, Chukar’s subsea waterjet equipment has numerous applications for deep water emergency response operations, salvage operations and rapid de-mobilization operations.
WQIS Bolsters Executive, Support Staff
The Water Quality Insurance Syndicate welcomed new Senior Vice President, John Ryszetnyk to the team. A graduate of Kings Point, The United States Merchant Marine Academy…
Methods Donates Machinery to Ivy Tech
Methods Machine Tools donated the Feeler VMP-580 CNC Vertical Machining Center and a Feeler HT30-Y Turning Center to Ivy Tech Community College’s Orthopedic and Advanced Manufacturing Training Center (OAMTC) in Warsaw, Ind. Methods is providing the new machines to Ivy Tech for instructional use in its curriculum during the 2012-13 academic year, including in its Advanced Manufacturing program and the Orthopedic Quality Standards and Technical Skills certificate program.
Keenan Joins TITAN Salvage as Director of Operations
Patrick Keenan has joined the TITAN Salvage team as director of operations, bringing more than 20 years of worldwide, hands-on experience in naval architecture, marine engineering, salvage and marine pollution abatement. In his new position, Keenan will report to Managing Director Rich Habib and will be based in the company’s Pompano Beach, Fla., headquarters. TITAN is a Crowley Maritime Corp. subsidiary.
Korean Register Elects a New Chairman and CEO
At a meeting of the general assembly in Seoul, the Korean Register of Shipping (KR) elected Dr. Chon Young-Kee as its new Chairman and CEO. The general assembly…
Martek Offers ECDIS Leasing Package
Martek Marine’s leasing package offers an option to adopt ECDIS early, which they said can help shipowners benefit from increased safety and lower costs. ECDIS product…
Korean Register Elects a New Chairman & CEO
Today (27 March), in Seoul, at an extraordinary meeting of the general assembly, the Korean Register of Shipping (KR) elected Dr Chon Young-kee as its new Chairman & CEO.