Lloyd’s Register Announces Board Appointments
Lloyd’s Register has announced the appointment of Chris Finlayson, Chief Executive of BG Group plc, and Ellis Armstrong, ex-CFO of E&P at BP plc, as Non-executive Directors on the board of Lloyd’s Register Group Ltd. Lloyd’s Register Group Ltd (LR) is the wholly-owned operating group of Lloyd’s Register Foundation, a U.K. charity dedicated to supporting the advancement of engineering-related education…
SPEX Doubles Turnover
SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, is investing in one of the U.K.’s smartest supercomputers capable of carrying out more than 100 trillion operations per second. The supercomputer, dubbed the Claymore, is being developed in partnership with Dell and ANSYS and can solve problems at least 20 times faster than the industry norm.
New Oil Spill Response Base Opens
Oil Spill Response Limited (OSRL), the global oil spill response cooperative funded by more than 160 environmentally responsible oil and energy companies, announces the opening of a new base with enhanced response capabilities at Loyang in Singapore. The opening of the base in the Asia Pacific region brings together personnel and equipment resources in a single place so as to deliver an integrated, swift and effective response to an emergency oil spill incident.
Shipmaster Failed to Report Ship Adrift in Aleutian Pass
Coast Guard investigators have finished a one month investigation into the operation of the 874 ft. long 'Bangkok Bridge' in Dutch Harbor. Two investigators, one from Coast Guard Sector Anchorage and one from Coast Guard Marine Safety Detachment Dutch Harbor, assessed a $75,000 penalty for failure to report a hazardous condition. The investigation began after MSD Dutch Harbor personnel received a report of a distressed deep draft vessel in Unimak Pass…
HK Shipowner OOCL Gains DNV Environmental Accreditation
Hong Kong headquartered Orient Overseas Container Line (OOCL) attains certification on the accuracy and transparency of its environmental data disclosure. OOCL was accredited the certification for 2012 after going through an audit conducted by classification society Det Norske Veritas (DNV), using the internationally recognized and accepted Clean Cargo Working Group (CCWG) verification standard to check for the carbon dioxide and sulphur oxides emissions of OOCL vessels.
Russian Companies Get Norwegian Arctic Offshore Licenses
Both Rosneft and Lukoil have secured license rights to blocks issued by the Norwegian government in Arctic waters. The massive opening of the Barents Sea for the oil industry includes invitations to Russia’s two powerful Russian petroleum companies, the first ever Russian companies on the Norwegian shelf, reports the 'Barents Observer'. Citing an announcement made by Minister of Petroleum and Energy Ola Borten Boe…
China Shipyard Gets Significant HBC Bulkship Orders
Hamburg Bulk Carriers (HBC) has ordered three 43,500 dwt bulk carriers plus options for 9 more from Qingshan Shipyard. The buyerss add that two and a half years…
Rolta to Provide India's National NAVTEX Network
Rolta India Ltd wins contract for establishing "National NAVTEX Network" from a subordinate office under the Ministry of Shipping, Road Transport & Highways, Government of India…
China Merchants Holdings Complete Terminal Link Deal
China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates," reflects the recognition and consent to the transaction from the governments from whose regulatory units consents and approvals were obtained.
IMUA Names Award-winning Marine Underwriter
Gina Domitrovich, AMIM, Senior Marine Underwriter, AIG Global Marine & Energy, is the first recipient of the new American Marine Claims Award, by Inland Marine Underwriters AssociationÂ’s (IMUA).
China Shipbuilding Industry's Woes Uncovered in New Research Report
The shipping market is continuously in depression, and the development of China's shipbuilding industry faces huge challenges, says a new report – 'China's Shipbuilding Industry 2013-17' published by Research & Markets. In a newly-issued market research report, 'Report & Markets' finds that from January to September in 2012, the completion volume of China's shipbuilding was 41.58 million deadweight tons, with a decline of 18.5% YOY.
UK Offshore Wind Opportunities to be Grasped
RenewableUK & The Crown Estate have published a report highlighting a “once in a generation” chance to attract major companies to the UK to build factories to supply…
China Mega-Bridge Coatings Contract Awarded
COSCO Kansai Paint & Chemicals win the Hong Kong-Zhuhai-Macao Bridge Authority’s coatings contract for the 38-km long Pearl River estuary bridge. The vast bridge in the South China Sea will form a fixed crossing over the Pearl River Estuary between Zhuhai and Macau on the western side and Hong Kong on the eastern side. The 29.6km main section is in Zhuhai waters and comprises 22.8km of bridge work including three cablestayed bridges with spans ranging from 280m to 460m…
Thai Tsunami Simulation Exercises the Navies
An integrated humanitarian assistance disaster relief scenario by the US & Thai navies was included in a simulated earthquake & tsunami in Rayong Province during the CARAT Thailand 2013 joint exercises. The Thailand phase of Cooperation Afloat Readiness and Training (CARAT) exercise 2013 ended with a closing ceremony at Sattahip Naval Base, June 12, following nearly two weeks of training ashore and at sea.
China Throwing Money at the Waterways
China's Ministry of Transportation reports that the country spent US$2.3 billion on the waterways during the period January to April 2013. This investment by the…
Seismic Business Link-up: Mitcham's Seamap & PGS
Mitcham Industries' marine equipment manufacturing unit, Seamap, has signed a manufacturing agreement with a subsidiary of Petroleum Geo-Services (PGS). Over the past several months…
Maersk Hikes Rates on Two Trade Routes
With effect from July 1, 2013, the Transatlantic trade between North Europe and North America will be increased by US$200 per dry container. Maersk Line will also…
Great Lakes Ban on Offshore Wind Development Opposed
State Republican Reps. from districts in northern Michigan, introduced legislation banning research in or production of wind energy in the Great Lakes sharing a border with Michigan.
Resolve Expands European Presence
Resolve Salvage & Fire (Europe), Ltd., the European emergency response subsidiary of U.S.- based Resolve Marine Group, Inc., has added a new office at 23, Austin Friars, London, expanding the company’s U.K. operations base. The 34-year-old marine salvage, emergency response and wreck removal company has been steadily expanding, both geographically and in its service offerings for the international maritime industry.
Today in U.S. Naval History: June 12
Today in U.S. 1944 - Four U.S. Carrier Groups (15 carriers) begin attack on Japanese positions in the Marianas. 1948 - The Women's Armed Forces Integration Act provides…