ICS Calls for CO2 Emissions Reporting System
The IMO Marine Environment Protection Committee (MEPC), which starts on March 31, will seek to make progress on the development of a global system of monitoring and reporting of CO2 emissions from ships. This is supported by the International Chamber of Shipping (ICS) which has made a detailed submission on the issue to the MEPC meeting on behalf of its member national shipowners’ associations. In Ålesund…
Helping to Secure Ghana's Power Supply
UK-based maritime engineering consultants HR Wallingford are supporting Quantum Power’s development of an offshore liquefied natural gas (LNG) import and regasification facility at Tema, Ghana.
Statoil Presents 2013 Performance Reports
Statoil presented on its website the company’s annual and sustainability reports for 2013, along with the US Form 20-F report. “Our 2013 operational performance was good; with safety improvements, production as expected and strong project execution. We delivered leading exploration results and strengthened our reserve base,” states CEO Helge Lund in his introduction to the annual and sustainability reports.
Port Canaveral Harbor Expansion Begins
Dispute remains over who pays for maintenance costs for federal channel. The $35 million harbor widening and deepening project at Port Canaveral to allow larger ships greater safety margins for sailing in and out of the port is scheduled to begin next month with completion in November 2014. The project to widen Port Canaveral’s 400-feet wide harbor by 100 feet and deepen the entrance by two feet to 46 feet cleared the final two U.S. Army Corps of Engineers permitting hurdles last week.
Eagle Bulk Enters Forbearance Agreement
Eagle Bulk Shipping Inc. announced that it has entered into a waiver and forbearance agreement with certain lenders under the company's fourth amended and restated credit facility, effective March 19, 2014. Subject to the company's compliance with certain terms, conditions and milestones as set forth in the waiver, the lenders have agreed to waive until June 30, 2014, any potential events of default related to…
Fassmer Orders Three WhisperPower Systems
New WhisperPower systems have been ordered by the Fassmer yard in Northern Germany for there rescue vessels for the Deutsche Gesellschaft zur Rettung Schiffbrüchiger, DGzRS. The order concerns a contract for three keel-cooled M-SQ27 1500 rpm diesel generators with SYMAP generator control for central monitoring and synchronizing with shore power and the main generator. When the vessel disconnects from the shore power…
DNV GL Opens New Vietnam Office
DNV GL announced that it has moved into a new office that was officially opened by His Royal Highness Crown Prince Haakon of Norway and Henrik O. Madsen, Group President & CEO, DNV GL. The official ceremony was part of the program of the Norwegian trade delegation visiting Vietnam this week. Besides the Crown Prince, the Norwegian Minister of Trade and Fisheries, Monica Mæland also attended the inauguration ceremony. DNV GL has had a presence in Vietnam since 1995.
Handling Tug Meets the Sea at Uzmar
On February 21, 2014, Uzmar Shipyard, also known as “Workboat and Tug Factory” of Turkey, held a launching ceremony for the KOC MUSANED-2, the second of total 6 line handling tugs being built for Kuwait Oil Company’s tug fleet. These 20 m compact boats are reputed to be the smartest tug of its class by the designer Robert Allan Ltd. The ceremony was held in the presence of Sami Al-Sawagh as the KOC Team Leader…
AVEVA Showcases Industrial Gaming Software
AVEVA Activity Visualization Platform is featured at the Fiatech Technology Conference and Showcase 2014. AVEVA will be showcasing its unrivalled industrial gaming software AVEVA Activity Visualization Platform (AVEVA AVP) at the Fiatech Annual Technology Conference and Showcase, March 21-April 2, 2014 at the Hyatt Huntington Beach Resort in California. AVEVA AVP transforms operator training by enabling users to create immersive…
CG Saves Pair from Stricken Yacht
Two foreign nationals are now placed into safety by the Philippine Coast Guard after sustaining minor injuries from an incident while sailing east of Basterra Reef, Palawan. American citizen Capt Linda Mckeever, 60 years old, and Rene Menz, 47 years old from Palau, were onboard S/V Creola when they were found and rescued by a passing fishing vessel, FV Mighty One, yesterday at around 5:30AM approximately 47NM southwest of South Islet, Tubbataha, Palawan.
State leaders christen first Olympic-class ferry at Vigor
State elected, transportation and manufacturing leaders were on hand today to celebrate the christening of the state’s first 144-car Olympic Class ferry, the M/V Tokitae, at Vigor Industrial’s shipyard in Seattle. Lynn Peterson, Washington’s Secretary of Transportation, served as the ship’s sponsor and broke a bottle to christen the new ferry before a crowd of more than 200 people. Speakers at the ceremony explained that the vessels will ensure safe…
Ocean Rig Prices Its US$500-Million Note Offering
Offshore deepwater drilling services provider Ocean Rig informs that the pricing of its previously announced offering has been priced at 100% of par, with a stated interest rate of 7.250%. The Notes are being sold in a private offering within the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain other persons outside of the United States in reliance on Regulation S under the Securities Act.
KVH Launches New Marine Satellite TV Antennas
KVH Industries, Inc. informs it is introducing the TracVision TV-series, a powerful family of fully stabilized marine satellite television antenna systems designed to provide superior performance, including HDTV, for worldwide satellite TV entertainment at sea. TracVision TV1, TV3, TV5, and TV6 – the four systems that make up the TracVision TV-series – are unveiled at the Palm Beach International Boat Show in Palm Beach…
Aquatic Completes First Carousel Project
Aquatic Asia Pacific Pte. Ltd, an Acteon company and subsidiary of Aquatic Engineering & Construction Ltd, inform it has successfully completed its new carousel, the AQCS-01-1500 maiden project. Aquatic partnered with integrated subsea services provider Kreuz Subsea on the project. The carousel was successfully used to install 9.7km of 218mm diameter umbilical in the South Belut field offshore Indonesia for ConocoPhillips.
Neptune Maritime Security Adds to Asia Area Staff
Neptune Maritime Security says that Graham Storey has joined its team representing Asian and South East Asian clients. Graham has a wealth of experience in the shipping industry in Singapore and will be working closely with Neptune’s representatives in Japan and Asia. Additionally, Neptune has moved its ISO 9001:2008 certification to LRQA, who certified the company to ISO PAS 28007 in January this year.
AAPA Upcoming Spring Conference: Ex-Im Bank Chairman to Speak
The American Association of Port Authoritiesred (AAPA) informs that Fred. P. Hochberg, chairman and president of the U.S. Export-Import Bank, has agreed to serve as the luncheon presenter on Tuesday 25, March at its 2014 Spring Conference in Washington, D.C. Mr Hochberg's presentation will follow a number of other high profile speakers, including U.S. Sen. Barbara Boxer, chairman of the Senate Environment and Public Works Committee; U.S. Rep.
Alaska Packs Powerful Maritime Economic Punch: New Study
A recent study for the Transportation Institute by PricewaterhouseCoopers (PwC) revealed that Alaska is a major domestic maritime state, ranking third among all American states for domestic maritime industry economic impact. The American domestic maritime industry includes vessel operators, marine terminals, shipyards, and workers engaged in the movement of cargo exclusively within the U.S. Alaska ranks #3 among all U.S.
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