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.
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