HiLoad LNG Offloading Solution Presented at OTC
HiLoad LNG AS, a subsidiary of Sevan Marine ASA, and Technip presented together this year the HiLoad LNG Parallel Loading System (PLS) at OTC. This system utilizes…
This Day In Naval History: May 12
1780 - The city of Charleston, S.C., falls to the British when Continental Gen. Benjamin Lincoln surrenders during the American Revolution. Three Continental Navy frigates (Boston, Providence, and Ranger) are captured; and one American frigate (Queen of France) is sunk to prevent capture. 1938 - USS Enterprise (CV 6) is commissioned. Notable service during WWII include the Doolittle Raid, the Battle of Midway…
Shell Bids for Dutch Offshore Wind Farm
Royal Dutch Shell is participating in a consortium bidding in a Dutch government tender to build two 350 megawatt wind farms off the Netherlands' southern coast.
China Claims Wide Support for Stance on S.China Sea
China has widespread support in the international community for its decision not to have anything to do with a legal case lodged by the Philippines against Chinese claims in the South China Sea…
Libya Requests Removal of Oil Tanker from U.N. Blacklist
Libya's mission to the United Nations has asked the Security Council to remove from a U.N. blacklist an Indian-flagged tanker that was recently prevented from shipping…
DONG Energy Set for Europe's Biggest Share Float This Year
Danish wind farm developer DONG Energy, which analysts value as high as $13 billion, said on Thursday it plans to list its shares on the Copenhagen stock exchange this summer. Having built more than a quarter of the world's offshore wind farms, the company is a major player in Britain and Germany and has recently opened offices in the United States and Taiwan to cater for new growth markets. With a potential valuation as high as 85 billion Danish crowns (11.4 billion euros)…
Simrad ECDIS Earns RS Type Approval
Integrated electronic navigation specialist Navico has secured type approval for its SIMRAD MARIS ECDIS900 Mk 5 and Mk 15 electronic chart data information systems (ECDIS) by the Russian Maritime Register of Shipping. The IMO type-approved navigation systems are designed for use on board merchant vessels which must meet mandatory compliance deadlines as set out in the International Maritime Organization’s SOLAS Convention regulations, as amended.
Maritime Hall of Fame Honors Marine Visionaries
The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry. The Maritime Association of the Port of New York and New Jersey founded the Annual International Maritime Hall of Fame in 1993 to recognize maritime visionaries who…
Aberdeen Harbour Performance Steady on Diversity
Activity at Aberdeen Harbour remained steady throughout 2015 resulting in the port recording a 9.7 percent increase in turnover, up from £28.9 million in 2014 to £31.7 million in 2015. Pretax profit was also up by 21 percent at £15.03 million, compared to £12.4 million the previous year. A 6 percent drop in vessel numbers, from 7,937 to 7,428 is consistent with the trend for newer, larger multipurpose vessels using the port…
China Steel, Iron Ore Slip Deeper into Bear Territory
Chinese steel and iron ore futures fell deeper into bear market territory on Thursday, as the country's exchanges unveiled more measures aimed at dampening the type…
Red Jet 6 Nearing Completion
Red Jet 6, the new state-of-the-art 41 meter Hi-Speed catamaran currently under construction for ferry operator Red Funnel is rapidly nearing completion at Shemara Refit LLP’s yard in Cowes on the Isle of Wight. Work on the craft is progressing well with another important milestone reached; the cabin superstructure is now in place and has been secured to the hulls. Two cranes were used for this very delicate operation to place the cabin onto shock-absorbing resilient mounts…
Damen Bags Maintenance Deal with Dutch, Swedish Navies
The Damen Shipyards Group informs it has signed a contract with the Dutch and Swedish Ministries of Defense for a seven-year, in-service maintenance contract covering a total of five tugs, all of which were purchased from Damen. The agreement with the Royal Netherlands Navy (RNLN) covers three Damen ASD 2810 Hybrid tugs. Two of these, the Noordzee and Waddenzee, were delivered in February and April respectively. The third, named the Zuiderzee, is due for delivery in June.
London P&I Club Reports Increased Free Reserves
The London P&I Club’s result for the 2015/2016 financial year produced an overall operating surplus of $3.3 million, lifting the free reserve to $160.7 million.
OEMs Favored for Maintenance, Spare Parts -Study
An independent study for ABB Turbocharging found that 87 percent of organizations work only or mostly with original equipment manufacturers (OEMs) for maintenance support and spare parts procurement. Benefits cited include reduced downtime and better parts availability according to the Forrester Consulting Technology Adoption Profile. The individuals surveyed held responsibility for maintenance, repair…
Goliath Appears on the Polish Horizon
Mammoet, a service provider specializing in engineered heavy lifting and transport, has lifted up a 120-meter-high crane for its installation in the port of Szczecin in Poland. The Goliath crane was built by Van Haagen Kraanbouw in the Netherlands and transported to the fabrication site of Bilfinger Mars Offshore. Mammoet constructed a tailor-made gantry with a height of 127 meters especially for this…
Telenor's Ka-band to Service 200 Terminals
Telenor Satellite has announced that its Ka-band satellite capacity packages for land-based services in the Middle East have surpassed initial expectations, reaching…
US-flag Lakers Cargo Movements Up in April
U.S.-flag Great Lakes freighters (lakers) moved 7.3 million tons of cargo in April, an increase of 9.7 percent compared to a year ago and 7 percent above the month’s five-year average…
As Korean Shipyards Founder, Central Bank Dragged into Rescue Bid
They are South Korea's "too-big-to-fail" firms - the world's largest shipbuilders that are both a massive economic force and an important national symbol - and the…
NOC Cancels Two Oil Cargoes in Dispute with East
Libya's National Oil Corporation (NOC) based in Tripoli said on Thursday it had cancelled two oil cargoes from its May export program because a rival NOC in the…
ABB Azipods Selected for First Chinese-built Icebreaker
ABB’s Azipod propulsion system will power a Chinese polar science research icebreaker, the first vessel of its type to be built in China. The Polar Research Institute of China ship will be fitted with two Azipod VI units with combined power of 15 MWs. Azipod features a built-in high-efficiency AC motor and fixed-pitch propeller mounted directly on the motor shaft. While mechanical thrusters have complex transmission with gears and shafts…
