Xin Yue Feng: Growth with a Range of Vessels
From the four-story office tower, housing 100 technical engineers and administration staff, to the 65,000-square-meter yard with extensive fabrication and machine shops and a huge dry dock, the Xin Yue Feng Shipyard has been building every more sophisticated vessels. Although the majority of the yards work is in steel, they maintain a set of skilled aluminum workers as well. In mid-March this group was building a small aluminum service vessel for a Singapore customer.
Ship Salvage in the Presence of WWII Era Torpedo & Mines
T&T Salvage continues to support shipowners with prompt, safe and cost-effective solutions to complex salvage, wreck removal, and anti-pollution challenges. A comprehensive management team, with an average of 26 years in the industry, has quickly propelled T&T as a leader to top-level shipping and offshore players. This team includes a diverse group of industry leaders including Salvage Masters, Project Managers…
Baltic Sea Freight Index up on Higher Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday on higher rates for capesize vessels. The index…
New Containership Enters CMA CGM Fleet
Newbuild containership CMA CGM Volga entered the CMA CGM fleet on March 17, and began her first rotation in Dalian, China, on March 20, the CMA CGM Group announced. The 10,622 TEUs vessel is the eight of a series of 28 ships from 9,400-10,900 TEUs that will be delivered through third quarter of 2016. The CMA CGM Danube, CMA CGM Elbe, CMA CGM Litani, CMA CGM Tigris, CMA CGM Loire, CMA CGM Ural and CMA…
SCI Inks Scandinavian Distributor Agreement
Survival Craft Inspectorate (SCI), a global provider of emergency marine evacuation systems, has selected a Swedish company to drive further growth in Scandinavia. Scanunit has agreed to a partnership with SCI for sales and installation rights of Safelaunch lifeboat release and retrieval systems (LRRS), which comply with the latest Solas MSC.1 / Circ 1392 guidelines. SCI said Scanunit’s success in Denmark and Sweden will complement its existing office in Norway.
India's Coal Imports to Jump 19% in 2014/15
India's coal imports are expected to jump 19 percent to a record of about 200 million tonnes this fiscal year, Coal Secretary Anil Swarup told Reuters, as power…
The Switch Receives PM Shaft Generators Order
The Switch, a supplier of megawatt-class permanent magnet (PM) generator and full-power converter packages for wind power and other renewable energy applications, received another order to deliver two PM shaft generators to WE Tech Solutions of Finland. At the end of February 2015, WE Tech Solutions placed another order for two PMM 1000 M shaft generators from The Switch with the option for an additional two to be used in future WE Tech Solutions projects.
GTT Bags Order for DSME-built LNGC
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received…
US-built Survey Vessel Delivered to Fugro
Newbuild shallow draft survey vessel Fugro Americas was delivered to Fugro on March 18, 2015. Built by Thoma-Sea Marine Constructors in Louisiana, with supervision by Fugro Marine Services Custom, the new vessel is designed to Fugro’s specifications, fitted with the latest geophysical survey equipment and houses some of the most advanced instrumentation in the field, Fugro noted. The Fugro Americas is optimized for working in the Gulf of Mexico…
New Azipod Thruster Launched by ABB
Power and automation technology group ABB has introduced Azipod D, a new addition to its line of Azipod electric propulsion offering, allowing a wider range of vessel types to utilize the Azipod propulsion system. ABB’s gearless Azipod propulsion system is already used on cruise vessels, icebreakers, ice-going cargo vessels and offshore accommodation ships. With the Azipod D, shipping segments such as offshore drilling…
Linn, Quantum Energy Tie Up to Buy Oil and Gas Assets
Private equity firm Quantum Energy Partners will invest up to $1 billion in a new entity for acquisition and development of oil and gas assets that will be managed by Linn Energy LLC.
Britain's Isle of Grain to Test LNG Export Capability
Britain's Isle of Grain liquefied natural gas (LNG) import terminal will test whether it can also export supply by loading a quantity of fuel onto inbound tanker Asia Vision on Thursday…
USCG Authorizes Korean Register for BWM Tests
Korean Register (KR) - an IACS member classification society – has been accepted by the United States Coast Guard (USCG) as an Independent Laboratory (IL) to undertake tests, inspections and evaluations for ballast water management systems. KR has been accepted by the USCG, as an Independent Laboratory, to type approve ballast water management systems in accordance with the U.S. Code of Federal Regulation.
Mega Ships and Cyber Attacks Pose New Threats
Shipping losses continued their long-term downward trend with 75 reported worldwide in 2014, making it the safest year in shipping for 10 years, according to Allianz Global Corporate & Specialty SE’s (AGCS) third annual Safety and Shipping Review 2015, which analyzes reported shipping losses of over 100 gross tons. Losses declined by 32% compared with the previous year and were well below the 10-year loss average of 127. Since 2005 shipping losses have declined by 50%.
Norway Supports Statoil, Rosneft JV
Norwegian authorities have given the Stavanger-based energy giant Statoil the go-ahead on joint projects with Rosneft, a Russian oil titan that was the target of Western sanctions in 2014.
Wärtsilä Selected to ESI Excellence Europe
Wärtsilä has been selected as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe with effect from 23 March 2015. This is a remarkable continuation…
USCG Rescues 2 Fishermen near Block Island
Coast Guard crews rescued two fishermen from a sinking vessel 10 miles south of Newport, Rhode Island, Monday. At approximately noon, the two person crew of the…
Statoil Appoints COO
Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) of Statoil as of 1 April.
Marine Claims Insurance Reminder by Danish Authority
If you own a ship with a gross tonnage (GT) of or above 300, you must inform the Danish Maritime Authority about your insurance for maritime claims by 31 March 2015.
USS Normandy Retrieves Abandoned Narcotics
The Ticonderoga-class guided-missile cruiser USS Normandy (CG 60) recovered more than 1,000 pounds of illegal narcotics while transiting the Mediterranean Sea, March 21, 2015.
