Grandweld Delivers Vessel to ADNOC
United Arab Emirates leading shipyard Grandweld has delivered a dive maintenance and support vessel TAWAM1 to Abu Dhabi National Oil Company (ADNOC). Grandweld took…
Rolls-Royce Targets Costs and Complexity in Quest for Growth
Rolls-Royce's new chief executive aims to strip out costs and complexity, rather than selling off chunks of the business, as he seeks to return the British engine company to growth. After four profit warnings in just over a year, and with an activist shareholder pushing for change, Warren East is under pressure to outline a revival strategy after spending much of his first four months in the job in firefighting mode.
Turbocharger Retrofits for Royal Caribbean
MAN PrimeServ informs it has won the contract from Royal Caribbean Cruises Ltd. (RCCL) to retrofit the turbochargers aboard four cruise liners from its fleet. The contract covers the retrofit of a total of 30 turbochargers aboard four vessels – two operated by Royal Caribbean International, and two operated by Pullmantur, a wholly-owned RCCL subsidiary, along with attachment kits and technical support.
Morocco, Indonesia Ratify BWM Convention
Morocco and Indonesia have become the latest nations to ratify the Ballast Water Management (BWM) Convention, an international measure adopted in 2004 for environmental protection that requires ships to have procedures in place for ballast water management in order to help prevent the spread of harmful and invasive aquatic species. In all, the total number of ratifications now stands at 45 states. Morocco Transport Minister Abdelaziz Rebbah and H.H.
Concordia Maritime Charters MR Tanker
Concordia Maritime has signed a contract for the charter of an IMO2/3 class MR tanker, the company announced today. The vessel will be chartered jointly with Stena Weco…
Ecoslops Produces First Marine Fuel Prodcuts
Ecoslops' refinery in the Port of Sinès, Portugal, has commenced industrial production and delivered the first volume of marine fuel products compliant with ISO8217, validating the company’s commercial proposition, the company announced today. Ecoslops has also made two senior appointments, further developing its global infrastructure, including new facilities. In the third quarter of 2015, 3,200 metric tons of slops were imported from Northern Europe…
North Group Increases Projected Free Reserve
Directors of the North P&I Club and Sunderland Marine Insurance Company (North Group) have revised their projection for the group’s year-end free reserve up to $380 million…
MacGregor to Supply Cargo Access Systems for Mega RoRo Ships
MacGregor, part of Cargotec, has been contracted by South Korean shipbuilder Hyundai Heavy Industries to deliver RoRo access equipment packages for a series of two post-Panamax RoRo carriers.
Adrift Cargo Ship Taken in Tow
The Barbados-registered cargo vessel Skog, which was adrift off Orkney after encountering engine problems, is now under tow, the U.K. Maritime and Coastguard Agency (MCA) reported.
ClassNK Drafts Amendments to Containership Rules
Classification society ClassNK has released draft amendments to its rules and guidance for container carriers, with the aim of implementing more comprehensive rules for increased ship safety. The amendments were approved by the ClassNK Technical Committee in Tokyo on November 19. The ClassNK Technical Committee is made up of representatives from the shipping and shipbuilding industries as well as scholars…
Stena Bulk Orders Tankers from China
Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou. It has also taken out an option on a further two vessels. The total value of the order is $200 million. The first delivery is planned for the end of 2017 after which the vessels will be delivered at three-monthly intervals.
Tidal Energy from Deep and Slow Waters
Deep Green, an underwater kite construction from the Swedish company Minesto, is set to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales. Delivering a customized turbine solution in 2016 for the underwater power plant project will be SCHOTTEL HYDRO. And while the turbine complements the first full-scale Deep Green device, 19 more devices are due to follow during the coming three years and will eventually form an array with an overall capacity of 10 MW.
Shipping's CO2 Reduction Goals Exceed Commitments -ICS
The United Nations (UNFCCC) has published a Synthesis Report analyzing the impact of the pledges made by 146 nations to reduce CO2 emissions in advance of next week’s Climate Change Conference in Paris. The International Chamber of Shipping (ICS) says the mandatory CO2 reduction measures already adopted by the International Maritime Organization (IMO), combined with the aggressive fuel efficiency measures being taken by merchant ships worldwide…
MAN Selects Rud to Head PrimeServ Diesel
MAN Diesel & Turbo’s executive board has appointed Per Rud as the new head of PrimeServ Diesel. Rud will assume his new role on January 1, 2016 and takes over from Wayne Jones…
Golden Ocean CEO: No Share Issue
Dry bulk shipping firm Golden Ocean Group said on Tuesday it did not consider an equity issue to improve its liquidity and balance sheet following challenging markets conditions.
Maersk Looks to Raise Asia-Europe Box Rates
The world's largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Dec.
Philippines Takes South China Sea Claim to Hague
Could bolster claims by other countries against China; China boycotting proceedings, rejects court's authority. The Philippines asked global judges on Tuesday to…
Fredriksen's Firms See Diverging Fortunes
Rig firm Seadrill sees tough market continuing in 2016. Firms in Norwegian-born billionaire John Fredriksen's empire saw contrasting fortunes on Tuesday, as rig…
Lukoil Predicts Similar 2016 Russian Output
Oil producer Lukoil aims to maintain output in Russia at this year's level of 86-87 million tonnes and to increase it by 1.5-2 million tonnes in 2017, its chief executive…
Damen ASD Tug for Sharjah Ports
Sharjah Ports Authority, has taken delivery of a Damen ASD Tug 2411, named Al Luolo’ Aya. His Excellency Sheikh Khaled bin Abdullah bin Sultan Al Qasimi, Chairman…
