MN: Corvus Energy
Corvus is a manufacturer of proven, high power Energy Storage Systems (ESS). Its field proven battery systems provide power to hybrid and fully electric marine propulsion systems. Founded in 2009, Corvus provides purpose-engineered ESS solutions for marine, oil & gas and port applications. Using a customer’s load profile, Corvus engineers design an ESS tailored to the customer application without the expense of custom engineering.
MN 100: Continental Underwriters, Ltd.
Continental Underwriters, Ltd. is a national, multiline firm for all types of marine coverage. The firm offers both admitted and non-admitted products in all 50 states, packaged in flexible, competitively priced insurance options with broad terms and conditions for even the most unusual, complex, and hard-to-place risks. Continental’s 45 years of success ensures that insured’s receive extensive access…
IMO’s Sekimizu Condemns People Smugglers
Prompted by recent incidents in which hundreds of migrants attempting to cross the Mediterranean to Europe have lost their lives, including dozens found dead in the holds of the ships that were carrying them, International Maritime Organization (IMO) Secretary-General Koji Sekimizu has voiced strong condemnation and refreshed calls for concerted action to tackle people smugglers. Sekimizu noted that…
Glosten Acquires Noise Control Engineering
Seattle-based naval architecture and marine engineering consultancy Glosten, Inc. has acquired Noise Control Engineering LLC (NCE), a consulting firm specializing in ship noise and vibration control.
Brent Crude Falls More than 7 Percent
Brent crude futures tumbled more than 7 percent on Tuesday, falling back below $50 a barrel as data highlighting China's contracting manufacturing sector revived…
Gunvor Emerges as Winner in Rosneft's Jumbo Oil Tender
Trading house Gunvor, which has been selling assets in Russia, has again emerged as the winner of a semi-annual Rosneft tender, traders said on Tuesday. They said Gunvor would lift from 200…
Oil Exports Could Push US Gasoline Prices Lower
The price of U.S. gasoline could fall if Washington were to allow crude oil exports, an independent government report on Tuesday concluded, adding political firepower…
Total Lubmarine Resumes Full Service in Tianjin
Marine lubricants and greases provider Total Lubmarine informs it has resumed all services based out of the Port of Tianjin following the deadly explosions that rocked the port August 12.
New Tanker Stena Imperial Named in Savannah
A new 50,000 DWT MR chemical and product tanker based on the IMOIIMAX concept, Stena Imperial, was named yesterday in Savannah, Ga. Built by Chinese shipyard Guangzhou Shipbuilding International (GSI) and delivered on July 1, Stena Imperial recently arrived in Savannah on the U.S. East Coast with a cargo of palm oil. The new ship is owned by a joint venture of which Stena Bulk and Indonesian Golden Agri Resources (GAR) each own 50 percent.
Bulk Carrier Ship Delivered to Pioneer Marine
Pioneer Marine, a shipowner and drybulk handysize transportation service provider, announced it has accepted delivery of a 38,464 DWT Green Dolphin eco-design handysize vessel, the M.V. Falcon Bay.
LNG-fueled Box Ship a 'Momentous Step Forward'
On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S. maritime industry with cutting edge economic and environmental efficiencies powered by liquefied natural gas (LNG). “The launch of Perla del Caribe marks a momentous step forward for the future of U.S. maritime, using green technology to ensure the products we deliver are transported safely and efficiently…
Polymer Serves an Array of Workboat Applications
Workboats are built for a diverse range of purposes, but they all share the need for trouble-free bushings and bearings. Answering this call, Vesconite offers a line of low-friction, long-lived polymers that it says thrive in a dirty, marine environment. The company's flagship product, Vesconite is a self-lubricating, low-wear material able to carry high loads at slow speeds. It doesn't swell in water or need to be greased…
Migrant Crisis Promts Call to IMRF for Help
Mediterranean Rescue Services are in urgent need of support because they are struggling to keep up with the replacement of equipment being used to rescue the increasing numbers of migrants in their waters and have contacted the International Maritime Rescue Federation (IMRF) for help. In response, the IMRF is relaunching its ‘Members Assisting Members’ webpage to help identify the need and enable connection to the 2,500 contacts on the database that may be able to help.
MODEC FPSO Achieves First off Brazil
MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract. The FPSO is chartered by Tupi B.V., a subsidiary of Petroleo Brasileiro S.A. (Petrobras), under a 20-year lease and operation contract.
Tankers to Require Stability Instruments Starting 2016
Lloyd's Register informs that new stability instrument requirements will apply to all tankers constructed (keel laid) on or after January 1, 2016. These ships will be required to fit an approved stability instrument, capable of verifying compliance with intact and damage stability requirements. Oil tankers, chemical tankers and gas carriers constructed before January 1, 2016 must also comply with the requirements (by confirming or upgrading existing equipment…
ZIM Transitions Fleet to StowMan(s) Software
ZIM Integrated Shipping Services Ltd, Israel has decided to enhance its stowage planning for its containership fleet (currently 93 ships) in the future by using the software StowMan[S] from INTERSCHALT maritime systems AG, the software and services provider for maritime navigation and communications systems for ships. In addition to the stowage planning software, the contract includes equipping the ZIM fleet on-board with the Seacos MACS3 loading computer from INTERSCHALT.
Obama Pushes for US Icebreakers
President Barack Obama on Tuesday proposed a faster timetable for buying a new heavy icebreaker for the U.S. Arctic, where quickly melting sea ice has spurred more…
Japanese Sub Pitch puts off Australian Firms
Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan. A Japanese consortium eyeing a A$50…
Fleet Growth Weighs on Product Tanker Earnings
Healthy returns enjoyed by the product tanker market in recent years are under threat as impending fleet growth is expected to reduce the sector’s earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry. The widespread switching of trade by product/chemical tankers (also called “swing” tankers) from chemicals to refined products has resulted in rapid growth in the product tanker fleet…
MarineCFO Unveils Endurance Software
Capitalizing on its 2013 acquisition by software firm VerticaLive, MarineCFO has announced a Fall 2015 introduction of Endurance, a cloud version of the MarineCFO Enterprise Solution.
