Korean Shipyards in Troubled Water
Struggling with technology and a plunge in oil prices that has discouraged exploration, Korean vessel makers are racking up debt and could show billions of dollars in losses, reports Bloomberg.
Wrecked 'Russian Submarine' Found in Swedish Waters
A wrecked mini-submarine was found last week in waters off of Sweden’s eastern coast. Authorities believe it is a Russian model, primarily because of Cyrillic letters on the hull.
Petronas-led Consortium to Start Construction of B.C. LNG terminal Soon
British Columbia's finance minister Michael de Jong said that the construction of Petroliam Nasional Bhd’s (Petronas) $36 billion liquefied natural gas (LNG) export…
IMO Signs Global Maritime Energy Efficiency Partnerships Project
International Maritime Organization (IMO) the Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed an agreement to allocate…
Maritime Union of Australia Oppose China Trade Deal
The Maritime Union of Australia is willing to use its power over the country's ports to disrupt a new free trade deal with China, reports AAP. The union movement’s…
Information Sharing to Fight Piracy and Illegal Fishing in Ghana
International Maritime Organization (IMO)'s Chris Trelawny has visited the Maritime Trade Information Sharing Centre (MTISC-GoG), located in the Regional Maritime University of Accra, Ghana.
Scottish Exporters Bullish on New Shipping Service
As the shipping operator BG Freight Line is set for a new freight service connecting the links, Scotland’s food and drink, chemical and manufacturing industries are looking for a boost.
Malaccan Ports to Become Specialised Hubs
Plans are underway to convert seven Malaccan ports into specialized hubs for various sectors to spur the state's economic development, reports the Star. The Malacca…
NOIA Applauds RI Offshore Wind Project
National Ocean Industries Association (NOIA) president Randall Luthi issued a statement congratulating “steel in the water” for Deep Water Wind’s Block Island Wind Farm, stating an all-of-the-above strategy combining offshore wind with offshore oil and gas off the U.S. Atlantic Coast benefits the U.S. on multiple levels. “NOIA congratulates Deepwater Wind as on-site construction begins on its Block Island Wind Farm offshore Rhode Island.
Mozambique Port Accident Deals Blow to Vale Coal Project
A coal stacker has collapsed at the Mozambique port of Nacala, dealing a blow to Brazilian miner Vale's effort to start coal shipments from the African nation in the third quarter…
BTP Handles Millionth Container
Brasil Terminal Portuário (BTP), Brazil’s newest container terminal in the Port of Santos, has reached a number of important milestones. The facility, a joint venture between APM Terminals and Terminal Investment Limited, has handled container number 1 million, discharged on its quay from vessel number 1,000 to berth at its facility on Friday, July 24. This was achieved 20 months after operations officially began at this terminal.
CAPE Holland Deploys New Vibro Lifting Tool
Earlier this week, during its first commercial application, the newly developed Vibro Lifting Tool (VLT) of CAPE Holland has successfully installed four piles in up to 90 meters water depth. This installation is part of the pre-piling project for the Culzean Wellhead Platform jacket which will be installed next year. The VLT was used as a stabbing tool to install all four piles in one sequence to stable depth through a template without any tool change.
Pearl Seas Cruises Adds Voyages to Cuba
Pearl Seas Cruises plans to launch a series of “cultural voyages” from the United States to Cuba beginning in the spring of 2016, the cruise line announced today. Offering 7- to 10-night voyages aboard the line’s newest vessel, the 210-passenger luxury ship Pearl Mist, the round trip voyage from South Florida will visit several Cuban ports including Havana, Cienfuegos and Santiago de Cuba. Pearl Seas Cruises plans itineraries on both the Southern and Northern coasts of Cuba…
FERC Approves Excelerate’s Offshore GasPort
On July 24, 2015, the U.S. Federal Energy Regulatory Commission (FERC) issued its order granting authorization to Excelerate Energy, in cooperation with the Puerto Rico Electric Power Authority (PREPA), to site, construct and operate the proposed Aguirre Offshore GasPort Project located offshore Puerto Rico. The order confirms the final Environmental Impact Statement (EIS) that resulted in a finding of no significant environmental impact.
SBM Offshore Completes $1.55 bln FPSO Financing
SBM Offshore announced it has today completed the project financing of FPSO Cidade de Saquarema for a total of $1.55 billion, marking the largest project financing in the company's history.
Obama, Leaders Discuss Possible Sanctions, Force for South Sudan
U.S. President Barack Obama and regional leaders discussed options on Monday that included sanctions and a "regional intervention force" if South Sudan's warring…
Calais DFDS Ferries to Restart Tuesday; Talks to Reconvene
DFDS Seaways Calais-Dover ferry service, suspended by a workers' blockade of Calais port during the weekend, will resume on Tuesday morning, Transport Minister Alain Vidalies said after talks with the parties involved. Ferry workers, industry executives, the Channel Tunnel operator Eurotunnel and the French government are due to reconvene later this week for further talks to settle the labour dispute after breaking up without agreement on Monday, Vidalies said in a statement.
ABS Grants AIP for Jensen’s LNG ATB Design
A Jensen Maritime-designed, liquefied natural gas (LNG)-bunkering articulated tug-barge (ATB) has been granted approval in principle (AIP) by classification society American Bureau of Shipping (ABS). The designation establishes that Jensen’s vessel concept, which is classed as an A1 Liquefied Gas Tank Barge, is compliant in principle with ABS rules and guides. Suited for mobile bunkering, Jensen’s ATB is also oceans rated, meaning that it is not limited to the intracoastal waterways.
New 20kA Surge Protector for 480V
SSL power solutions manufacturer Thomas Research Products (TRP) has introduced a new surge protector for 480V circuits. The FSP3-480-20kA protects LED luminaires from surges up to 20,000 amps. Utilizing new components, the FSP3-480-20kA is the same size as the company's current 277V model. An LED indicator on TRP's new compact device shows that it is functioning to protect the luminaire. The unit also…
SENER Presents on History of Ship Design
The COMPIT annual edition took part this year from May 11-13 in Ulrichshusen, Germany, with the participation of SENER. This event is an International Conference on Computer Applications and Information Technology in the Maritime Industries that takes place every year in Europe. As in the previous edition Rodrigo Pérez presented a paper, which this year was about “History and Evolution of Shipbuilding Oriented CAD Tools” written by Rodrigo Perez and Carlos Gonzalez, both from SENER.