Maersk Tankers Sells its Entire VLGC Fleet
Maersk Tankers exits Very Large Gas Carrier (VLGC) segment by selling its fleet to the BW Group. The BW Group buys Maersk Tankers five owned vessels and takes over the five existing time charter commitments, which Maersk Tankers explains is part of its divestment strategy to focus on fewer segments. Hanne B. Sørensen, CEO Maersk Tankers: “This transaction supports our strategy to focus on fewer segments.
MHI Consolidates Marine Engineering Business
Mitsubishi Heavy Industries, Ltd. (MHI) to form a company dedicated to its marine machinery & marine diesel engine business as from October 1, 2013. The new entity…
Diamond Offshore Order New Rig, Charter it Out
Diamond Offshore Drilling order Moss CS60E design harsh environment semi-submersible drilling rig from Hyundai Heavy Industries, & charter it out to BP subsidiary. The 10,000 ft.
US Chart No. 1 Goes Electronic
U.S. Coast and Geodetic Survey Chart No.1 has described the symbols used on paper nautical charts for 65 years. Mariners have had a standard guide for understanding the symbols, abbreviations and terms used on paper nautical charts since 1948. In a major step forward, a new edition of that guide also describes the symbols specified by the International Hydrographic Organization for the display of electronic navigational charts (ENC) on Electronic Chart Display and Information Systems (ECDIS).
New LNG Bunker Fuel Technical & Safety NGO Formed
The Society For Gas as a Marine Fuel (SGMF) is launched as new Non-Governmental Organisation to enhance safety and best practices in the use of LNG as a ship fuel.
Crash Course on Unmanned Robotics at US NWC
U.S. Naval War College (NWC) students participate in a presentation & discussion of unmanned robotic systems with ReconRobotics, Inc. & Hydroid, Inc. This event was part of the "Unmanned Systems and Conflict in the 21st Century" course at NWC, serving as an opportunity for future decision makers to gain exposure and expand their knowledge of unmanned technologies. "It's important to be aware of advancements…
'Grandeur of the Seas' Fire Impacts on Share Price
Royal Caribbean Cruises Ltd. has quantified the financial impact of the recent fire on board their 'Grandeur of the Seas'. The cruise ship, Grandeur of the Seas, experienced a fire in an industrial area on the aft of the ship. The company has taken the vessel out of service and expects that it will take approximately six weeks to complete the repair efforts. The company estimates that the direct financial impact of this event, net of insurance, is a reduction of $0.10 per share.
California Clarifies BWMS Position
Installation or use of an USCG accepted Alternative Management Systems (AMS) does not waive a vessel's requirement to meet the California Code of Regulations ballast discharge performance standards.
WSF Schedules State-wide Public Meetings
Washington State Ferries' (WSF) team gears up to head for meetings with ferry-served communities. With the 2013-2015 transportation budget signed, Washington State Ferries will meet the public to discuss the implications of the budget, as well as new vessel construction progress, ferry system performance measures, liquefied natural gas as a source of fuel, and route-specific issues. "“I look forward…
Shea Delivers Precast Floating Docks to Marina
Shea Concrete Products delivers 40 precast floating docks to Lynn’s Seaport Landing Marina in Lynn, MA. Altogether, Shea Concrete Products manufactured 14 main docks and 28 dock fingers, with the largest main dock at 9ft wide by 50ft long, and weighing over 50,000lbs. Upgrades to the Seaport Landing Marina began last November, as an attempt to spur redevelopment in the area. Located just 10 miles North of Boston, the marina is capable of accommodating 65 vessels, with boats up to 65ft in length.
NNS Appoints John Temple V-P at SRNS
Newport News Shipbuilding (NNS) appoints John Temple as Vice President of Contracts Management for Savannah River Nuclear Solutions (SRNS). Huntington Ingalls Industries (NYSE:HII ) announce that John Temple has been promoted to vice president of contracts management for Savannah River Nuclear Solutions (SRNS) – a joint partnership between Newport News Shipbuilding, Fluor Corp. and Honeywell that manages operations of the Department of Energy's Savannah River Site in Aiken, S.C.
Classification Societies to Review QSCS
Accredited Certification Bodies (ACB’s) to discuss its quality system certification scheme (QSCS) at upcoming meeting. IACS will be inviting flag administrations…
Offshore Turbine Services Order More CTruk Boats
Offshore Turbine Services (OTS) has ordered two more CTruk 20T MPCs for delivery in spring 2014. The inking of this latest order comes as the company prepare to name their fifth CTruk multi-purpose cat in Brightlingsea this week, the Commodore P. CTruk explain that from the start OTS’ operations director, Nick Bright, has worked closely with CTruk on enhancing the 20T design to fit their specific requirements.
Joe Biden Impressed by Huge Petrobas R&D Center
Petrobras CEO welcomed U.S. Vice-President and diplomats to the company's Research Center (Cenpes) in Rio de Janeiro. The company's CEO, Maria das Graças Silva Foster, welcomed the U.S. vice-president, Joe Biden, along with the US ambassador to Brazil, Thomas Shannon, and the US consul general in Rio de Janeiro, John Creamer. The group held a 30-minute closed meeting, which was also attended by Cenpes executive manager Marcos Assayag…
Baker Hughes Name New Corporate Treasurer
Mike Sumruld has been named Vice President and Treasurer of the giant oil-field services provider. "Mike brings more than 20 years of diversified financial expertise…
Pirates Reportedly Hijack Fuel Tanker off Nigeria
Pirates allegedly hijacked a fuel tanker off the Nigerian coast early Saturday morning, AP News reported. The pirates are said to be holding some of the five Nigerian and 12 Pakastani sailors hostage.
Bollinger Wins 8th Consecutive SCA Safety Award
Bollinger Shipyards, Inc. was awarded the 2012 “Award for Excellence in Safety” by the Shipbuilders Council of America for the eighth consecutive year. On April 11, 2013, The Shipbuilders Council of America (SCA) presented the “Award for Excellence in Safety” to Bollinger Shipyards, Inc. during the association’s Spring General Membership Meeting in Washington, DC. The Award for Excellence in Safety…
Togo to Aid Nigerian Navy’s Fight against Piracy
The Ambassador of Republic of Togo to Nigeria, Colonel Addo Maman Tchalare has pledged the commitment of his country to assist Nigeria’s crackdown on insurgents.
In Big Ship Fuel Economy, Finances Trump Regulation
While increased regulation is often cited as the primary culprit driving shipowners to adopt new energy efficient technologies and practices for their ships, one major shipowner has a differing opinion. “You can make the argument that regulations are what’s driving it, but personally I think it’s more economics,” said Chris Errington, Director of Engineering at Maersk Line. Errington, along with industry veteran Graham Westgarth…
McDonough Launches New Ocean-going Barge
McDonough Marine Service announced the launching of a new barge, Marmac 303 (300 feet by 100 by 20), the second in a series of new ABS ocean classed deck barges commissioned by the barge and marine transportation company. The Marmac 303 barge was designed with an ABS Load line maximum cargo capacity of 13,200 short tons at 15.7-foot draft. The uniform deck strength of 4,500 pounds per square foot, combined with increased side shell strength, provides clients with maximum hull protection.