U.S. Navy Contracts 12 Rapid Response Skimmers
Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019. The Kvichak RRS is Navy’s tier one response asset, and these craft will supplement the Navy’s current fleet of over 85 units in operation in Navy ports worldwide since 1994. With over 20 years of continuous production and development…
UASC Targets Expansion to Beat Container Market Blues
United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and ride out tough markets. The shipping industry has been battling overcapacity, linked to a glut of new vessels ordered during a boom period before the global financial crisis of 2007-2009, forcing operators to look for ways to overcome one of the worst slumps on record.
Ecoships Claims 15% Ship Efficiency Gain
Ecoships introduced a customized version of the Six Sigma DMAIC approach to process and performance evaluation in order to optimize the energy-efficiency of the vessels under its management. The technique has already resulted in Ecoships’ managed ships benefiting from up to 15% greater fuel efficiency, resulting in substantial reductions in CO2, NOx and SOx emissions. “We specialise in eco-friendly and fuel-efficient shipping tools, techniques and technologies,” said Capt. Aykut Yilmaz, GM.
Oversupply, Ebola Fears Drive Oil Below $86
Brent crude fell below $86 a barrel on Friday on news of strong supply from Middle Eastern OPEC producers and as a confirmed case of Ebola in New York spooked global equities markets. Iraq increased its oil supply in October, and Libya's production remained high, despite deep instability in both countries. Brent crude for December fell $1.02 a barrel to a low of $85.81 and was trading around $85.90 by 1205 GMT. U.S. December crude fell 85 cents to $81.24 a barrel.
De Beers Orders Specialized Ship from Kleven
Kleven signed a contract with diamond company De Beers Marine Namibia, part of De Beers Group, on the building of a highly specialized vessel for deep water mineral exploration. The first of its kind vessel will be of MT 6022 design from Marin Teknikk. This design is proven in the offshore construction segment, but the new build for De Beers will include a wide range of tailor made equipment and features.
Rosneft Will Continue Arctic Drilling
Russia's biggest oil producer Rosneft will continue drilling in the Arctic Kara Sea on its own after the departure of its partner, U.S. oil major ExxonMobil, due to sanctions, the company's head Igor Sechin said on Friday. "We will continue drilling in any case, on our own, always and everywhere. If partners can take part - that's good, if they can't - we will carry on alone," Sechin told reporters. Exxon earlier suspended cooperation with Rosneft in the Arctic due to U.S.
Singapore Bunker Meter Mandate Targets 'Frothy Fuel'
Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers…
Wärtsilä Steerable Thruster Gets Class Approval
DNV-GL approved the design of the Wärtsilä WST-14 thruster, significant as approval was granted based on a thruster design that has yet to be introduced into full series production. The approval by DNV-GL follows the release of Wärtsilä's next generation of thrusters at the end of 2013. The new WST-14 is part of the Wärtsilä Steerable Thruster (WST) compact series, which is aimed at tugs, anchor handling vessels, and coastal and inland waterway cargo vessels.
Fredriksen eyes Takeover of Flex LNG
Shipping tycoon John Fredriksen is aiming to take control of Oslo-listed Flex LNG following his purchase of 12.7 million shares that brought his stake in the firm to 43.3 percent…
USCG Monitoring Barge adrift in Beaufort Sea
U.S. Coast Guard personnel and Canadian federal agencies, including the Canadian coast guard, Transport Canada and Environment Canada, are monitoring a 134-foot…
DP World Receives 1st Scheduled Vessel at New Terminal
DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.
New Oil Field Found in British North Sea
GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (licence…
Kalmar 5th Generation Gloria Reachstackers Enter US
Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful…
Foster Wheeler & MDM Engineering Merged
Foster Wheeler AG announced today that an indirect wholly owned subsidiary of the Company has completed the acquisition of MDM Engineering Group Limited (“MDM”)…
NewLead Fixes Newcomer, "Newlead Castellano"
NewLead Holdings Ltd. announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano". The…
General Dynamics is Link Govt-level Security to Consumer Smartphone
General Dynamics C4 Systems recently received the Defense Mobile Classified Capability (DMCC) contract from the National Security Agency (NSA). As part of the contract…
Technip & Fluor Bag RAPID UIO Project
Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd. for…
Gazprom to Counter Negative Global Market Trends
The Gazprom Board of Directors took note of the information on the Company's financial strategy under the conditions of negative trends in the global financial market…
Antwerp Port Achieves Highest Throughput
The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both…
Sea Dispute Sparks China Diplomat to Vietnam Visit
![Secretary Kerry Shows Chinese State Councilor Yang Overview of Boston Hometown. [State Department photo/ Public Domain]](https://images.marinelink.com/images/maritime/w100h1500/secretary-kerry-shows-chinese-state-35162.jpg)
China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim. State Councillor Yang Jiechi, who outranks the foreign minister, will arrive in Vietnam on Monday for meetings with Vietnam Foreign Minister Pham Binh Minh, China's foreign ministry said in a statement.
