Marine link
 

Regulatory Environment

Improving Vessel Efficiency a Focus at GL North America Meeting

Germanischer Lloyd’s (GL) North American Committee, considered current topics & challenges to the shipping industry at its recent Texas meeting. The challenge of improving vessel efficiency heads the agenda of every ship owner and operator. With sailing speeds reduced across the board, fuel efficiency has become the biggest lever to increase cost competitiveness. Both regulatory agencies and the industry are developing mechanisms to improve efficiency and in 2013 the IMO’s EEDI and SEEMP regulations will enter into force, in an effort to spur innovation and reduce CO2 emissions. David Greening of Seaspan, one of the world’s largest independent containership companies, set out his firm’s response to the challenge of rising bunker prices and a tighter regulatory environment. Seaspan was investing in highly efficient designs for new vessels, while undertaking a system to improve operational energy use, including draft and trim optimization, and using vessel based monitoring to track KPIs. In a multi-tier market that differentiates between vessels based on their efficiency, improved energy use can result in significantly improved employment opportunities and earnings. One under utilised area in shipping to realise such gains is the implementation of software systems. Kristinn Aspelund, of GL partner firm Marorka, examined some of the systems available to owners and operators to boost efficiency and cut fuel use.


Voyager Distribution Network Expands

Voyager.png

Global Navigation Solutions announced that Voyager is now offered by all members of the Global Navigation Solutions maritime services group. Ship operators looking for the state-of-the-art route planning, intelligent data management and quality of compliance provided uniquely by this new digital chart management system can now obtain Voyager from any company within the Global Navigation Solutions group worldwide.


New MITAGS Course on Environmental Regs

The Maritime Institute of Technology and Graduate Studies (MITAGS) and Pacific Maritime Institure (PMI) announced their upcoming “Introduction to the Maritime Environment and EPA General Permit” Course. With the introduction of the Vessel General Permit the EPA has captured an estimated 70,000 additional regulated units that have previously been exempt from permitting requirements in U.S. waters. This new universe of permitees, while previously subject to many international


ABS Elects Tony Nassif as Executive Vice President

abs_logoWEB.jpg

In response to its continued global expansion, leading international classification society ABS has strengthened its executive leadership team with the election of Tony Nassif as Executive Vice President and Chief Operating Officer of the society. The election was made by the ABS Board of Directors at its meeting this week. Nassif moves to ABS from his position as President and CEO of the society’s wholly owned affiliate, ABS Group of Companies Inc.


Consolidation Likely as U.S. Oil and Gas Operators Grapple with New Regulation

New research reveals the impact of post-Macondo reform U.S. oil and gas professionals are losing their appetite for risk and are worried about rising operating costs, as they grapple with the consequences of a tougher, post-Macondo regulatory regime, according to new research published today by GL Noble Denton. Despite the new regulations, the vast majority believe that the U.S. will continue to be a leading investment destination


Safety: It's All About Culture

We in the passenger vessel industry strongly believe in safety. We want our operations to be safe to ensure the well-being of our crew and passengers and the protection of our assets. We work hard to establish appropriate safety policies and programs and we train and drill crew to ensure that we are all aware of the need to be safe and to appropriately respond when an accident does occur.   But as we do these things


Salazar Announces Regs to Strengthen Drilling Safety

The Department of the Interior announced on Sept. 30 two new rules that will help improve drilling safety by strengthening requirements for safety equipment, well control systems, and blowout prevention practices on offshore oil and gas operations, and improve workplace safety by reducing the risk of human error. “These new rules and the aggressive reform agenda we have undertaken are raising the bar for the oil and gas industry’s safety and environmental practices on the Outer


Drilling Moratorium Suspended with Higher Standards

On October 12, Secretary of the Interior Ken Salazar determined it is appropriate that deepwater oil and gas drilling resume, provided that operators certify compliance with all existing rules and requirements, including those that recently went into effect, and demonstrate the availability of adequate blowout containment resources. Secretary Salazar reached his decision after reviewing a report from Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEM) Director Michael R


U.K. Shipping Minister Addresses Global Maritime Race

Shipping Minister Stephen Hammond

Shipping Minister Stephen Hammond MP has just returned from a Greek-British Shipping Forum where he addressed Greek businesses. Here he writes, exclusively for Maritime U.K., on the success of the event and the importance of Britain’s growing shipping industry. I was pleased to be invited to give the opening speech at the Greek-British Shipping Forum in Athens on Monday, alongside the Greek Maritime Minister Mr. Mousouroulis


In Support of Affordable Energy

As its key mission, Waterways Council, Inc. (WCI) advocates for a modern and well-maintained system of inland waterways and ports. WCI’s top issues areas include the implementation of waterways’ improvement legislation in the recently enacted WRRDA; remembering Rivers (the Fourth “R”) among Rail, Roadways and Runways; improving the reliability of the waterways system and properly funding its Operations & Maintenance; assuring navigation reliability during times of


DNV GL Forms Americas LNG Solutions Group

Bjørn-Harald Bangstein

To meet the rapidly growing demand for a wide variety of LNG related services, DNV GL has established a group of LNG experts in North America. In addition to deep LNG expertise, the Houston-based “LNG Solutions Group - Americas” is also experienced in all business


For Ferries, Commercial Light at End of Regulatory Tunnel

Coastal Inspiration (Photo courtesy of BC Ferries)

A review of the ferry industry’s latest challenges and opportunities attracted a record 340 delegates to Vancouver last week for the 39th annual Interferry conference. The global trade association event exposed a string of concerns – notably over punitive safety and environmental


Suncor Crude Tanker to Resume Journey from Quebec to Gulf Coast

A tanker chartered by Canada's Suncor Energy Inc to ship oil sands crude from Quebec to the U.S. Gulf Coast was expected to receive replacement parts on Friday, enabling it to resume its journey, a Transport Canada spokeswoman said. The aframax tanker Genmar Daphne will be the second tanker of


GeoSea acquires HOCHTIEF Offshore Assets

HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea

DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea


GLDD, ESG in Steel Cutting Ceremony

GroupESGGLDD.jpg

Eastern Shipbuilding is pleased to announce that on, Monday, September 15, 2014, Great Lakes Dredge & Dock Company, LLC “(Great Lakes”) (NASDAQ: GLDD) and Eastern Shipbuilding Group, Inc. (ESG) cut steel starting the construction of a new Trailing Suction Hopper Dredge ATB . 


Cove Point LNG Export Facility Gets US FERC Approval

 U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.S. LNG export project to get the green light to begin construction from the Federal Energy Regulatory Commission


Yara Completes Acquisition of OFD Holding

...

  Yara International ASA has obtained relevant regulatory approvals and closed the acquisition of OFD Holding Inc. (OFD) allowing the integration process to start. The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America


Canada to Miss 2020 Emissions-cut Target

Canada is set to badly miss a 2020 target for cutting emissions of greenhouse gases, in part because of its failure to regulate the booming oil and gas sector, Parliament's environmental watchdog said on Tuesday. The scathing report by Environment Commissioner Julie Gelfand will add to the


Cheniere's LNG Export Project Clears Enviro Hurdle

Cheniere's Corpus Christi, Texas liquefied natural gas export project will not significantly affect the environment, the U.S. Federal Energy Regulatory Commission said in a report on Wednesday. With a favorable environmental review, the project will likely receive a construction license from


Maersk: 2M Alliance at 32 pct Asia-Europe Share

File Photo: Maersk vessel underway

An alliance between A.P. Moller-Maersk and MSC Mediterranean Shipping would give the two top container shipping companies a 32 percent market share on Asia-Europe trade routes, the Danish company said on Thursday. Maersk said that in its self-assessment to EU regulators it had concluded the


Preventing Barge Explosions

Recent casualties involving explosions aboard barges conducting tank cleaning operations alongside marine terminals have resulted in serious injuries to vessel crews and facility workers, catastrophic property damage, as well as harm to the environment


Intercargo Appoints New Secretary General

David Tongue

Intercargo has appointed David Tongue as its new Secretary General.   Mr. Tongue, took up the role on 8 October, following confirmation of the appointment by Intercargo’s Executive Committee which met in London on 7 October. Mr. Tongue brings with him a wealth of maritime experience


WTO & World Bank to Support Trade Facilitation

...

  The World Bank Group and the World Trade Organization (WTO) have agreed to enhance their co-operation in assisting developing and least-developed countries to better utilize trade facilitation programs which can help countries reduce trade costs and more fully engage in the global economy


Morgan Stanley says "no assurance" Rosneft Deal Will Close

  Morgan Stanley said on Friday that there is "no assurance" a deal to sell its physical oil trading business to Russian oil company Rosneft will close. The Wall Street bank cited a contractual requirement to get regulatory approvals by year end


Monitored Confined-Space Entry

Preparation and vigilance are everything when it comes to confined space entry.

Protecting Workers, and Ensuring Safe Sailing for the Maritime Industry. The cable-laying vessel GS Global Sentinel was undergoing repair work. Shipyard workers and members of the ship’s crew found a mysteriously high hydrogen sulfide reading in a confined space on board that created a






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright