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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

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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

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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


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


Matterhorn Project Benefits from Integration

Paragon Engineering Services, Inc. recently offered support of Atlantia Offshore on the TotalFinaElf E&P USA, Inc. Matterhorn project in the Gulf of Mexico. "Atlantia is focused on delivering a turnkey package for a reliable, fit-for-purpose solution for deepwater field developments, with strong emphasis on cost, schedule and operational success," said , Bill Wenger, Paragon project manager. "Paragon has adapted to this culture


Industry Leaders to Meet in Dubai

With a weakening dollar, predictions oil could hit $100 a barrel, and a boom in multi-billion dollar refinery construction, finance and shipping leaders will be meeting in Dubai this November to assess the impact on the regional and global maritime industries. The Middle East shipping industry is dominated by the tanker trade. Bookings for supertankers sailing from the Middle East to Asia account for 47% of global demand for the carriers, compared with shipments to the US and Caribbean


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


ICC Appoints Ximena Tapias Delporte as Vice-Chair

Ximena Delporte

  The International Chamber of Commerce (ICC) is pleased to announce the appointment of Ximena Tapias Delporte as Vice-Chair of the ICC Commission on Marketing and Advertising. Ms Tapias Delporte has been Executive Chairman of the Colombian Union of Advertising Companies (UCEP)


Australia Approves Adani's $16 bln Carmichael Coal Project

Gautam Adani

  The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's controversial A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland, subject to strict conditions to protect groundwater. The Carmichael mine


Orica Fined Heavily for Australian Pollution Incidents

Oil pollution: File photo

Orica Australia Pty Ltd has been convicted and penalised $768,250 in relation to charges brought by the NSW Environment Protection Authority (EPA) for pollution incidents at Orica’s Kooragang Island and Botany plants. This includes a fine of $211


Rio Tinto Pulls Plug on Mozambique Coal Venture

Photo courtesy of Rio Tinto

Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to an Indian joint venture, ending its ill-fated venture in Mozambique's coal sector. The sale of Rio Tinto Coal Mozambique to International Coal Ventures Private


KBR Extends Contract with AVEVA

AVEVA Everything3D

Expanded contract includes AVEVA Everything3D as part of a complete Integrated Engineering and Design environment AVEVA today announced that KBR, a global engineering, construction and services company, has substantially extended its utilization of AVEVA technology


Coal-burning Steamship Joins NZ's New Safety System

Coal-burning TSS Earnslaw

Maritime New Zealand (MNZ) informs it is welcoming Real Journeys’ iconic steamship TSS Earnslaw into the new Maritime Operator Safety System (MOSS) - designed to improve operator and vessel safety. Built in 1912, The Earnslaw  is one of the few remaining commercial passenger-carrying


FERC Accepts Kinder Morgan's Application

Proposed  Magnolia LNG Project

Liquefied Natural Gas Limited (LNGL) informs that the US   Federal Energy Regulatory Commission (FERC) has accepted Kinder Morgan  Louisiana Pipeline LLC’s (KMLP) application pursuant&


Rosneft Brasil to Acquire Controlling Stakes in Solimoes Project

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Rosneft Brasil (Rosneft subsidiary) and HRT O&G (HRT subsidiary) received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil transaction to acquire additional 6% in the Solimoes project.


Trailer Bridge Vessel Returns to Service

Following required regulatory inspections along with regular scheduled maintenance in Mobile, Alabama, the Trailer Bridge Ro/Ro vessel the Jax - San Juan Bridge (JSB) returned to service on July 5.  In addition to the American Bureau of Shipping regulatory inspection


New Digital Product : Luxembourg

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Regs4ships announced the launch of our 19th flag to its Digital Maritime Regulations (DMR) product.   From July 18, 2014 Regs4ships will be able to offer a Luxembourg regulations product that contains all relevant flag state documentation along with digital copies of SOLAS, MARPOL and STCW


Port of Antwerp to Set Up LNG Bunkering

Antwerp Port_bunkering LNG_trucktoship

  It would be possible for barges to fill up with LNG at a permanent bunkering station in the port of Antwerp by the beginning of 2016. Truck-to-ship bunkering is already possible, but by setting up a bunkering station the port of Antwerp aims to make LNG permanently available.


IACS Formal Safety Assessment (FSA) Training Course

FSA course: Photo courtesy of IACS

The International Association of Classification Societies (IACS) says that to  facilitate a wider understanding of the Formal Safety Assessment (FSA) process, its experts recently held a one-day FSA training course. Details as follows:


Mexico's Senate OKs Bills Expanding Power of Energy Regulators

Mexico's Senate gave general approval on Monday to legislation laying out expanded powers for energy regulators, part of the fine print needed to implement a constitutional reform that overhauls the oil, gas and electricity sectors. Senators must still debate reservations to the regulatory


Danish Bunker Trader Joins GAC in London

Ida Ryberg: Photo GAC

GAC Bunker Fuels says it has appointed former GAC Denmark Shipping Assistant Ida Ryberg as a Bunker Trader with its UK team. Ryberg joins Andy Boichat and Resham Rai at the London office and will also work closely with Kenny Petrie in Aberdeen


ST Engineering Divest 50% Stake In Beijing Zhonghuan

  Singapore Technologies Engineering Ltd (ST Engineering) updated today that further to an earlier announcement made on 28 January 2014, Singapore Technologies Kinetics Ltd has completed the divestment of its 50% equity stake in Beijing Zhonghuan Kinetics Heavy Vehicles Co., Ltd






 
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