Concordia Wreck Preparing for Tow to Genoa
In three weeks, the Costa Concordia wreck will be towed to Genoa for demolition and recycling. At the end of the Conferenza dei Servizi meeting held yesterday, June 25, in Rome, Costa Crociere reaffirmed the motivations for the choice of the transportation of the Concordia wreck in Genoa for its dismantling and recycling, stating Genoa is the only Italian port in which demolition and recycling activities…
House GOP Spearheads Bill to Expand Domestic Drilling
Today, the House passed H.R. 4899, The Lowering Gasoline Prices to Fuel an America that Works Act by a vote of 229-185. If enacted the bill would expedite oil and gas leasing on federal lands…
US, Germany World Cup Match Honored with Trade Statistics
In honor of today’s World Cup match between the United States and Germany, a new graphic from the U.S. Census Bureau shows foreign trade statistics for the top five exports and imports between the two nations in 2013. In 2013, top U.S. exports to Germany included $5.7 billion in civilian aircraft, engines and parts and $5 billion in passenger cars, while Germany sent $25.8 billion in passenger cars and $9.4 billion in medicine and dosage form to the United States. census.gov
Allegretti Addresses API Tanker Conference
Appearing before the American Petroleum Institute’s Tanker Conference in Austin, AWO President & CEO Tom Allegretti affirmatively stated that the domestic maritime industry is fully committed to serving its customers and the country as the nation’s energy economy grows, highlighting the significant investment American marine transportation companies have made and are continuing to make in state-of-the-art vessels to meet near-term and long-term transportation needs.
First of 28 New Ships Enters CMA CGM Fleet
CMA CGM Group announced that the maiden voyage of the CMA CGM Danube will begin on June 30 in China. The 9,400 TEU vessel is the first of a series of 28 ships from 9,400-10,900 TEU which will be delivered through the third quarter of 2016. Sailing under the Malta flag and chartered bareboat to CIMC, it is the first ship of this class built at the Chinese construction site DSIC (Dalian PRC) and delivered to the group.
MCTAYS Invests $1.7m in Facility Upgrade
A shipbuilder has invested more than $1.7million (£1million) at its headquarters, including upgrading a slipway which is now capable of accommodating vessels up to 2,000 metric tons. MCTAYS, the shipbuilding subsidiary of HS Ocean Group of Companies, opened the upgraded slipway at its yard in Birkenhead on the banks of the River Mersey to coincide with its 40th anniversary. Peter Breslin, Managing Director of MCTAYS…
Ivory Coast Aims to Boost Cotton Output
Ivory Coast is aiming to boost its seed cotton output to 600,000 tonnes in the next two years, the head of the country's industry regulator said on Thursday, marking…
DNV GL Celebrates Twin Milestones
Some 650 dignitaries, customers and industry stakeholders joined DNV GL, ship classification society and risk and sustainability service provider, for a night in Hamburg. Held at the Fischauktionshalle Halle, the event celebrated the 150th anniversary of the foundation of Det Norske Veritas and the first year of operation of the newly formed DNV GL Group. The evening looked to both the past and the future of the company…
Perils of Heavy Ship Containers Debated
Maritime experts are torn on how to curb the menace of overweight shipping containers, which cause severe accidents at sea and on the roads. The difficulties of resolving false declarations of the weight and content of boxes were underlined during a panel discussion at the WISTA-UK Liverpool Forum. WISTA-UK is encouraging debate on the critical question of container weight. The forum audience was informed that insurers estimate that 20% of containers crossing seas and highways are overweight…
More Norway Oil Projects Being Delayed
Oil firms are purposefully delaying the development of oil and gas fields off Norway, the head of the agency tasked with managing the country's oil and gas resources told Reuters on Thursday.
Maritime Fuel of the Future: Training to an Uncertain Standard
Despite its unquestionable allure, LNG as a fuel carries with it as many risks as it does answers to the problems it promises to solve. As industry and OEM’s work to remove any doubt…
Eni, PetroVietnam Ink Offshore Exploration Contract
Eni said on Thursday it had signed a new offshore exploration contract with PetroVietnam as the Italian oil and gas group moves to strengthen its presence in Vietnam.
Piracy Offshore Africa: Securing a Continent
The late Nelson Mandela once said: “I dream of an Africa which is in peace with itself.” At the EU-Africa summit in Brussels last month, European leaders urged their African counterparts to facilitate that dream by shouldering more of the security burden in their countries, both onshore and offshore. The summit coincided with reports of renewed piracy activity in the Gulf of Aden; ongoing attacks on shipping in the Gulf of Guinea…
SENER Operating Revenue up 7.6% in 2013
The SENER Engineering and Technology Group closed the 2013 financial year with an operating revenue of €1.218 billion, representing a growth of 7.6% on the previous year. The number of people working at SENER reached 5,570, an increase of 3.8%, and R&D investment was €71.7 million, representing 5.8% of the group's revenue. These figures position SENER as Spain's leading multidisciplinary engineering…
“Super Cranes” Delivered at Algeciras Port
Four STS cranes, the largest in their category, have been brought onshore at Algeciras port in Spain, and ready for to be commissioned. Inchcape Shipping Services (ISS) was recruited by ZPMC to moderate the break bulk carrier, Zhen Hua 25, and manage the discharge of her cargo in a safe and timely manner. The cranes, which stand at over 100m , are to be used at the APM Terminal, specifically to service new Triple E Class container ships.
Subsea 7 Selects BMT for Offshore Deal
Subsea 7 selected BMT Scientific Marine Services (BMT), subsidiary of BMT Group Ltd, to supply the riser monitoring system for the Aasta Hansteen Spar, approximately 300 km off the coast of Norway. The system includes an innovative suite of remotely operated underwater vehicles (ROV) deployed strain, motion and position sensors to monitor steel catenary riser (SCR) response in the Touch Down Zone (TDZ).
Kvaerner in Big Statoil Offshore Platform Deal
Kvaerner says it has established a frame agreement with Statoil for delivery of steel jacket substructures to Statoil-operated fields. Based on this frame agreement…
DNV GL Celebrate Twin Anniversaries in Hamburg, Germany
Held at the historic Fischauktionshalle Halle, in Hamburg, Germany, DNV GL says that the event celebrated the 150th anniversary of the foundation of Det Norske Veritas…
Polar Tankers Win Prestigious Coast Guard Award
The United States Coast Guard informs that it has recognized ConocoPhillips subsidiary Polar Tankers, Inc. with the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence.
Fitch Affirms U.S. Port Financial Ratings
As part of its peer review process, Fitch Ratings informs it has affirmed its ratings for standalone U.S. Ports. No ratings were changed as a result of the peer review.
