World Maritime Day 2016 – Shipping: Indispensable to the World
Shipping is indispensable to the world. That is the message being shared around the world today (29 September), as International Maritime Organization (IMO) and…
Merger Unites Canada/US Shipping Voices
The Chamber of Marine Commerce will assume the assets, liabilities and staff of the Canadian Shipowners Association (CSA) following a new merger agreement that aims to create a united voice for commercial shipping in Canada and the United States. “We’re uniting two organizations that have successfully promoted the interests of commercial marine shipping for many decades,” said Wayne Smith, Chairman of the Chamber of Marine Commerce.
Norsafe Eyes Military Sector
Following on it success in the military and professional sector, Norsafe said it will exhibit at Euronaval in Paris Le Bourget, from October 17-21, 2016. “Our business in the military sector is growing year on year and we want to capitalize on this so by exhibiting at Euronaval we can showcase our quality range to buyers from around the world,” said Øystein Schultz Sandberg, Vice President of Sales at Norsafe. On display will be a model of the Munin S1200, Norsafe’s high speed patrol boat.
LR to class Federal German Seagoing Fleet
The WSV (Federal Waterways and Shipping Administration) represented by the Waterways and Shipping Agency (WSA) Bremen, a branch of the German government, is transferring…
NYK Buys Stake in EMAS Chiyoda Subsea
NYK has acquired a 25 percent share of EMAS Chiyoda Subsea Limited (ECS), based on an agreement signed on June 10 with Ezra Holdings Limited (Ezra) and the Chiyoda Corporation (Chiyoda).
Combat System Integrator for Future Submarines
The Minister for Defence, Senator the Hon Marise Payne and the Minister for Defence Industry, The Hon Christopher Pyne MP today announced that Lockheed Martin Australia…
Ecospeed Pays Dividends for Interscan
Trading in ice is the toughest challenge for a hull coating. Regular anti-fouling paints or simple epoxies are usually scraped off by the constant abrasion of the ice…
HMM Adopts INTTRA's eVGM Solution
Hyundai Merchant Marine (HMM) has expanded its longstanding relationship with INTTRA, the world's ocean shipping electronic marketplace, by adopting the INTTRA eVGM…
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 “the world’s first fully automated, electrical ‘Stop, Turn, Lock’ (eSTL) braking system” at September’s 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 – 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 Group’s 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 company’s 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 Ports…
US Boatbuilding: Sink or Swim
Navigating interesting times has the nation’s 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 cases…
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.