Samskip Expands Shortsea Services to Hull, U.K.
Samskip Multimodal is increasing capacity on shortsea services connecting Rotterdam to Hull, United Kingdom, further reducing transit times. Samskip Multimodal said that as of May 14 it will replace the 340 TEU Veritas H with the 803 TEU Henrike Schepers on its Netherlands to U.K. services into Hull. As well as increased capacity, Samskip Multimodal customers will benefit from reduced transit times and extended cut off times in both Hull and Tilbury.
Statoil: ESA Conducts Inspection
Statoil's office in Stavanger is subject to an inspection visit by the EFTA Surveillance Authority (ESA), assisted by the Norwegian Competition Authority (Konkurransetilsynet). The inspection is carried out on request of the European Commission. Statoil is cooperating with the authorities in their inspection. The authorities suspect participation by several companies, including Statoil, in anticompetitive agreements and/or concerted practices contrary to Article 53 of the EEA Agreement.
Mixed Messages on Monitoring and Automation Technology
A recent study found that 84% of port owners, operators and contractors said they would expect increased safety to be the primary benefit in specifying an automated system to monitor factors such as mooring line tension, approach speed and environmental conditions, according to a new independent market report by the marine systems business of Trelleborg. However, the majority (60%) of those surveyed only uses human or manual guidance at their facilities both during initial docking and mooring…
NOL Reports $148 Million Year-On-Year Improvement
NOL Group reported first quarter 2013 Core EBIT (Earnings Before Interest, Taxes and Non-Recurring Items) loss of $85 million, a 64% improvement or $148 million…
Hill Dickinson Announces Promotions
Hill Dickinson’s market-leading marine, trade and energy group announced its latest series of promotions. A total of eight promotions have been made across the group’s yacht, shipping and energy and commodities teams. Pawel Wysocki, Stuart Kempson and Ian MacLean have been promoted to Partner. Susan Leonard and Mary Prentice have taken on the role as Legal Director and Thomas Frei, Fergal Quinn and Edward Hicks have been promoted to Associate.
Vestdavit Secures Besiktas Seismic Chase Boat Davit Orders
Norway-based boat handling system and specialized davit supplier Vestdavit was contracted to supply work boat and man overboard davits for four specially designed chase vessels which will support Norwegian seismic major PGS’ fleet of seismic ships. The ships are to be built at Turkey’s Besiktas Gemi Insa A. S. yard for Faroe Island shipowner P/F Thor, which has chartered the vessels to PGS. Vestdavit Area Sales Manager Sven Arild Wågsæther said…
Counter Piracy Commander Warns of Continuing Threat
The Operation Commander of the EU Naval Force, Rear Admiral Bob Tarrant, has issued a renewed warning that Somali pirates are still determined to get out to sea and, if presented with an easy target, will attack. “I am very concerned that seafarers and nations will lower their guard and support for counter piracy operations in the belief that the piracy threat is over. It is not; it is merely contained," he said.
North American Oil Supply Shocks Markets
The supply shock created by a surge in North American oil production will be as transformative to the market over the next five years as was the rise of Chinese demand over the last 15, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR). The shift will not only cause oil companies to overhaul their global investment strategies, but also reshape the way oil is transported, stored and refined.
MacGregor Receives €37 Million Order from Hornbeck
Cargotec's MacGregor has received €37 million order from Hornbeck Offshore Services Inc. to deliver four 250-ton active heave-compensated (AHC) subsea cranes for…
Braemar Shipping Services Preliminary Results
Braemar Shipping Services plc., an international provider of broking, consultancy, technical and other services to the shipping and energy industries, announced…
Cochin Builds Vard Designed PSVs
The Sea Tantalus is the first of a series of Vard Group (STX) designed platform supply vessels being built at Cochin Shipyard Ltd. in India. The distinctive hull configuration is being built in countries around the world, and the Indian version is the first of four from Cochin. At 82.2 by 17-meters the Sea Tantalus has a 7.6-meter depth at the main deck. Built to Det Norske veritas (DNV) standards, including clean notation, the new vessel employs diesel-electric propulsion.
Dubai Maritime Drivers Push for 2020 World Expo
Drydocks World and Maritime World threw their combined weight behind the Emirate’s bid to host the World Expo in 2020 while also discussing matters of mutual cooperation…
Globe Express Strengthens Local Market Presence
Market strategy focuses on delivering innovative supply chain solutions that complement Kuwait’s growing reputation as a major logistics hub. Globe Express Services announced that it has intensified its regional growth plans by providing a full array of innovative supply chain solutions in Kuwait. The company is consolidating its presence in Kuwait to take advantage of the government’s aggressive investments in large-scale logistics and transport infrastructure projects…
Disciplined Underwriting Increases UK P&I Club Free Reserves
The UK P&I Club, one of the largest and oldest providers of mutual liability insurance to ship owners, announced its financial results for the year ended February 20, 2013.
Harkand Makes Several Senior Appointments
Harkand strengthened its senior management team with the appointment of three senior figures as the company embarks on the next stage in its growth strategy. Kevin Gorman has joined as vice president of HR. One of two new newly created group positions, his appointment will allow Harkand to strengthen its capacity as it looks to grow its current 750-strong global workforce. He is joined by new group general counsel Colin Forbes.
Strainstall Opens New Production Facility
Strainstall, a part of James Fisher and Son plc, announced the opening of a new production facility based in Bembridge, Isle of Wight. The new 10,000-sqft. facility…
Aker Solutions Appoints New VP
The U.K. operation of international oil services group Aker Solutions has announced the appointment of a new vice president to lead greenfield projects as the company looks to expand its capabilities in the sector. Bob Shaw’s appointment is the latest in a series of new senior management appointments at Aker Solutions subsea business in Aberdeen as the company embarks on the next stage in its growth strategy.
Jaya Reports $4 Million Net Profit for 1Q 2013
Jaya Holdings Ltd. reported consolidated revenue of $24.8 million and net profit of $4.0 million for the financial quarter ending March 31, 2013. The group’s total…
Tanker Major Chooses G-type Engine
Ultra-long-stroke units play leading role in major Teekay fuel-efficient tanker project. STX Offshore & Shipbuilding announced on April 8, 2013 that it had signed a contract to build four 113,000-dwt Long Range 2 (LR2) product tankers for Teekay Tankers Ltd. (Teekay Tankers), with an option for up to an additional 12 vessels. Each newbuilding will be powered by an MAN B&W G60ME-C engine and will satisfy IMO environmental standards as well as the shipowners' demand for fuel efficiency.
Deepwater Heavy Lift Crane Orders for Cargotec
Cargotec's MacGregor contracted by Hornbeck Offshore Services Inc. to deliver 4 AHC cranes for 4 multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015, and the value of the order is EUR 37-million for the four 250-tonne active heave-compensated (AHC) subsea cranes. "MPSV's are specialized vessels that are principally used to support complex deepwater subsea construction…
