Hapag-Lloyd, CSAV Merger Approved in Brazil
Hapag-Lloyd has received unconditional clearance under Brazilian merger regulations for the planned integration of the container shipping activities of Compañía Sud Americana de Vapores (CSAV) into Hapag-Lloyd. Hapag-Lloyd and CSAV signed a binding business combination agreement in April. Its implementation is subject to the approval of regulatory authorities. Among others, the Department of Justice of the United States…
Bureau Veritas Launches New Notation for Underwater Noise
Bureau Veritas has developed a voluntary notation intended to assist shipbuilders and operators reduce underwater noise radiating from ships. The comprehensive set of standards and measuring services is grouped as NR614 Underwater Radiated Noise (URN). It aims to control and limit the environmental impact on marine fauna of all self-propelled ships and provide a standard and a system to assess compliance with specific vessel requirements for underwater radiated noise.
Cruise Newbuilds Feature Seawater Lubrication
The Viking Star, a47, 800GTcruise ship, is one of three Viking Ocean Cruises’ newbuilds to opt for Thordon COMPAC seawater lubricated propeller shaft bearings. Constructed at Fincantieri’s Marghera shipyard, the 944-passenger Viking Star is the first of three new ships equipped with seawater lubricated propeller shafts instead of oil lubrication. Richard Goodwin, Vice President-Engineering at Viking Ocean Cruises…
Robot Vehicles Embark on Fish Tracking Mission
Three marine robot vehicles have been launched from Plymouth today to undertake a fish tracking mission in and around new Marine Protected Areas (MPAs). Scientists from the Marine Biological Association (MBA) and engineers from the National Oceanography Centre (NOC) are working together on this pioneering project to study how fish use these areas on a day-to-day basis. Using acoustic pingers, plaice…
Freefall Lifeboat Earns State of Compliance
Harding Safety’s FF1200 freefall lifeboat is the first on the market to receive a Statement of Compliance (SoC), issued by DNV GL, stating that this boat is in accordance with the aforementioned standard. DNV GL prepared DNV-OS-E406on request from, and in close cooperation with, Norsk Olje og Gass (the Norwegian Oil and Gas association (previously OLF). Today, DNV-OS-E406 is the current standard for…
Maritime Career Days Commence in Turkey
The annual Career Days at Istanbul Technical University each year is scheduled to continue with its 19th organization from November 4-21, 2014. The 19th Career Days will begin with V-Ships Ship Management on November 4 and conclude with Yasa Shipping on November 21, including several other shipping companies in between, as listed below. With this organization, the students who study in the maritime…
Fire-stricken Shipbuilder Enters Voluntary Administration
Brisbane-based shipbuilders Aluminium Boats Australia Pty Ltd has been placed into voluntary administration after a shipyard fire in August has set the company toward financial instability. The fire, which occurred at the company’s Hemmant dockyard 11 weeks ago, started on board a Royal Australian Navy patrol boat undergoing maintenance at the yard, and subsequently destroyed the vessel. Though an investigation into the cause of the fire is continuing…
Ferry Operator SNCM Files for Court Protection
France-Corsica ferry operator SNCM has suspended payments to creditors and will file for court protection on Tuesday, the firm said in a statement late on Monday.
Repairs Halt Total's S.African Ops; Resumption not Prior 2016
S.Africa wants 30 wells drilled in next 10 years; Total woes a setback to S.Africa exploration drive. French energy major Total has halted oil exploration off the…
Saudis Cuts U.S. Price, Oil Sags to $82
Saudi Arabia cuts oil prices for U.S. customers; Brent and WTI touch respective 4-year and 3-year lows. Brent crude oil fell more than 3 percent to its lowest in…
New Cargo Hold Cleaning Solution from WSS
Wilhelmsen Ships Service (WSS) unveiled an upgraded cargo hold cleaning solution, combining cleaning agents and mobile equipment to help shipowners, operators and…
China Snaps Up 250MB in Euro Gasoline Stocks
China has bought around 250,000 tonnes of gasoline and blending components from Europe in recent days as the world's top energy consumer mops up oil products, traders said on Tuesday.
Croatia Resurrects LNG terminal Plans
Croatia prepares financial plan for LNG terminal; EU sees the Krk terminal helping Europe's energy independence. Croatia has reopened a feasibility study for a liquefied…
Violence Closes Libya's Benghazi Port
Libya has closed Benghazi's commercial port due to clashes between the army and Islamist fighters in the area, a port official said on Tuesday. "All ship movements…
Bear Head LNG Plans Initial Phase of 8 MTPA
Liquefied Natural Gas Limited informed that on 31st October 2014, its wholly owned company Bear Head LNG Corporation, filed for modifications to the existing construction…
Technip Bags Sasol’s Furnace Contract
Technip was awarded by Sasol a contract to provide engineering and procurement for eight proprietary Ultra Selective Conversion (USC®) furnaces (1) for a world-scale…
Johan Sverdrup Field Promises Jobs, Value
The gigantic Johan Sverdrup field, one of the most profitable industrial projects in Norway over coming decades, will provide enormous value. Construction of the first phase may lead to 51…
Cargotec Stock Shares Rise Through Stock Options
A total number of 900 new Cargotec class B shares have been subscribed for with stock options 2010A. The entire subscription price of EUR 16,740.00 will be credited…
ExxonMobil To Support MIT Energy Initiatives
ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy.
Petrobras & PPSA Sign PIA for Campos Basin
Last Friday (10/31) Petrobras and PPSA (Pré-Sal Petróleo S.A.) signed a Production Individualization Agreement (PIA) for the Tartaruga Mestiça field, in the southern part of the Campos Basin.
