Container Shippers Raided in S.Africa over Suspected Collusion
Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa, the country's Competition Commission said. The development comes as global container lines struggle in the worst-ever market conditions, caused by a glut of ships and slowing global trade, which has battered earnings and forced at least one out of business.
Fuels of the Future
The imposition of a global 0.5% sulfur cap may be less than four years away. This clearly will eliminate residual fuel from the available fuel options unless you have fitted your vessel with a scrubber or other exhaust gas treatment technology in order to comply with MARPOL Annex VI emission regulations. At the start of 2015, permitted sulfur levels in emission control areas (ECA) dropped from 1% m/m to 0.10% m/m.
High-pressure Plunger Pumps with New Drive Tech
KAMAT has fundamentally revised the mechanical powertrain of its triplex plunger pumps for pressures up to 3,500 bar. As a result, the pumps operate much quieter, and the drive systems consume less energy - in particular in combination with a variable speed drive. According to this principle, KAMAT has developed a new powertrain for its high-pressure plunger pumps and has introduced these drives systems successively in all series.
New Book Targets Better Ship Design
Bad ship design can make life onboard difficult and uncomfortable, cause accidents and even kill. Naval architects have a huge responsibility, but few of them have direct experience of how their designs affect those who use them. Improving Ship Operational Design, published by The Nautical Institute, hopes to make maritime operations safer and more effective by giving ship designers an insight into how those onboard work and live.
Oil Soars 6% as OPEC Reaches Deal to Limit Output
Oil prices jumped as much as 6 percent on Wednesday after OPEC sources said the group has reached a deal to limit crude output at its policy meeting in November, a source for the producer group said.
Dellner Brakes Introduces Electrical STL System
Manufacturer of technologically advanced industrial and marine braking systems Dellner Brakes AB has launched what it is calling âthe worldâs first fully automated, electrical âStop, Turn, Lockâ (eSTL) braking systemâ at Septemberâs SMM 2016 international marine fair in Hamburg. The Dellner eSTL system is compact and needs no additional piping, making it quick, easy and cost effective to install, the manufacturer said â especially where space is at a premium.
New Tractor Tug for Jones Marine Group
Steady, smooth, powerful, highly maneuverable: these were comments from mariners on board for sea trials of Jones Marine Groupâs new tractor tug, David J. The new workboat was put through its paces in fine form. The boat is an A.G. McIlwain-designed 53 by 26.5-foot handy-sized tractor tug with a hefty14-foot molded depth. The beam offers remarkable stability, while the length allows the tug to work in tight spaces.
Hanssons Scoop up More NAO Shares
Nordic American Offshore Ltd. (NAO) announced that Alexander Hansson, the son of the companyâs chairman, Herbjorn Hansson, today bought 100,000 shares in NAO. The share price was $3.65 share.
Sustainable (R)Evolution: A Multipurpose Maritime Education Fleet
Efforts have been underway since 2014 to procure government funding for new training vessels for the State Maritime Academies (SMA). Pending bills in Congress at this time would provide $300 million for the construction of the first of four training vessels for the SMAs with a total of $1.2 billion for the proposed four vessel package. Domestic maritime stakeholders have other options, however. These alternatives are attractive for more than one reason. Separately, the U.S.
COSCO Ports Arm Inks Terminal Deal in Abu Dhabi
Abu Dhabi Ports has signed a container terminal concession agreement with COSCO SHIPPING Ports Limited - Abu Dhabi (CSPL SPV), a wholly-owned subsidiary of container terminal operator COSCO SHIPPING Ports Limited, a subsidiary of China COSCO SHIPPING Corporation Limited. The event was held in the presence of His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of State and Chairman of Abu Dhabi PortsâŚ
US Boatbuilding: Sink or Swim
Navigating interesting times has the nationâs shipbuilding industry searching in unusual places. The answers could be blowing in the wind. Conducting commerce and forecasting the future for shipyards is akin to setting out in uncharted waters. For some, the voyage might prove to be easy sailing with favorable winds. Other times, it can be a rough ride, forcing long and unprogressive diversions. In the worst casesâŚ
Rethinking Inland Infrastructure Finance
P3: An alternative to tolls or lockage fees in public-private partnerships for inland waterways. Within the generally sorry state of the U.S. inland waterways infrastructure, there are some locations where conditions are particularly dire. Among those in this latter situation are several locks and dams on the Illinois River, including the La Grange Lock and Dam and the Peoria Lock and Dam, both of which were completed in 1939. Both of them are on the U.S.
IMCA to Hold Maritime Security Seminar
The International Marine Contractors Association (IMCA) is hosting a Security Seminar in London on Thursday, November 10, which will focus on human factors in modern maritime security.
Diamond Wire Saw Cuts 200 Piles in Wharf Demolition
Cutting through piles made from concrete and steel and spending a long time under water isnât a job for the faint hearted. So what kind of ârough diamondâ would be up to such a tough job? In a recent demolition project in Australia, the star performer was a diamond wire saw manufactured by Mirage Machines, an Acteon company, which was chosen by OPEC Systems to assist in the demolition of wharf structures located at Northshore Hamilton, Brisbane.
Feadship Unveils New Future Concept
Unveiled at the Monaco Yacht Show using a yacht model and an augmented reality experience, the 2016 FFC Choice offers a wealth of opportunities for autonomous living on and off board. These include two co-propulsion tenders, a detachable beach house, a drone and a motioncompensated pool. A new wave of independence is further stimulated by the introduction of the revolutionary Feadship Independent Control System (FICS).
ALMACO to Build Cabins, Galleys for Rhine Class Ships
German shipyard MV WERFTEN has awarded ALMACO Group a contract to build the luxury suites and galley areas for Crystal River Cruisesâ four Rhine Class luxury river yachts, which will be delivered in 2017 and 2018 from Wismar. The scope of work involves a total of 220 luxury suites and corresponding corridors as well as the visual turnkey delivery of the main galley and pantries, including galley equipment and lining for all four river ships.
Damen Repeats Multiple Vessel Transport Strategy
Just down river from Damen Song Cam Shipyard, SAL Heavy Liftâs MV Svenja departed from Halong Bay loaded with 14 vessels. The shipment consists primarily of built-for-stock vessels â Stan Pontoons and Tugs â which will be available for immediate purchase on arrival in Rotterdam in October. MV Svenjaâs voyage began in Shanghai on August 30th when she started loading eight Stan Pontoons that were built at Damen Yichang Shipyard, China.
Maersk Line Orders 14,800 New Reefer Containers
Maersk Line has ordered 14,800 new reefer containers in 2016, driving the average age of its 270,000 unit reefer container fleet down to 7.9 years. Part of the reefers replace older equipment, and add to the 30,000 reefers acquired by Maersk Line in 2015. âWe continue to invest and modernize our reefer fleet to include the latest technologies in supply chain visibility and cargo care,â said Shereen Zarkani, Head of Reefer Management, Maersk Line.
Danish Ferry Equipped with Wärtsilä 31 Engines
A new 158-meter-long car and passenger ferry being built for Danish operator Mols-Linien will be powered by two eight-cylinder Wärtsilä 31 main engines. The ship is being built at the Rauma Marine Constructions (RMC) shipyard in Finland. The Wärtsilä 31 was introduced to the market in 2015 and has been recognized by Guinness World Records as being the world's most efficient four-stroke diesel engine.
GM Deep Sea Mooring Secures Det Norske Oljeselskap Contract
Global Maritime Deep Sea Mooring, a provider of offshore mooring services in Norway, has signed a contract with Norwegian operator Det norske oljeselskap to support Prosafeâs semi-submersible Safe Zephyrus accommodation rig in the Ivar Aasen North Sea field. The contract also includes support to the Maersk Interceptor ultra-harsh environment jack-up rig. Deep Sea Mooring, which has already installed the pre-lay systemâŚ
- 1
- 2
