Damen Establishes Caribbean Repair Yard
On Friday, September 9, the government of Curaçao and Damen Shipyards Group signed a concession agreement for the future operation of the current Curaçao Drydock Company, enabling Damen to establish a new company on Curaçao under the name Damen Shiprepair Curaçao. Damen said it expects to start up its operations in the two graven docks and on the available quays end October 2016. Part of the agreement consists of Damen bringing in extra capacity in the shape of a floating dock.
The Past, Present & Future of the ‘Noon Report’
Virtually every shipping company today uses noon reports to understand and monitor what is happening on their ships. These reports are traditionally sent by the Captain every day, based on data gathered manually by the crew. The content and format of the report is usually pre-agreed by the company and sent at noon. The noon report has grown over the years to give a snapshot of what has happened on board the ship since the previous noon i.e., in the last 24 hours.
DPS & Closing the Door on Unnecessary Risk
The design of many DP vessels dates back to a time when there was limited understanding of how to make closed bus power plants fully fault tolerant. This resulted in a number of potentially costly incidents. This poor incident record eventually led to many operators preferring to operate with open bus-ties, especially for critical DP operations. In addition to cost and fuel efficiency burdens, open bus-ties can impose other restrictions on a vessel’s ability to carry out its industrial mission…
MN100: ZF Marine Propulsion Systems
ZF Marine supplies propulsion system components for yachts, defense craft, high-speed ferries, workboats and commercial vessels, in a power range from 10 to 14,000 kW. The product portfolio includes a comprehensive range of transmissions (reversing, non-reversing and hybrid), propellers POD-drive systems, steering systems and CANbus-compatible, electronic control systems, azimuth thrusters, tunnel thrusters, bow thrusters and sail drives.
Plan Introduced to Drive US Offshore Wind Energy
A new collaborative strategic plan has been published today which aims to continue accelerating the development of offshore wind energy in the United States. Announced by U.S. Secretary of Energy Ernest Moniz and U.S. Secretary of the Interior Sally Jewell, the plan, entitled National Offshore Wind Strategy: Facilitating the Development of the Offshore Wind Industry in the United States, details the current state of offshore wind in the U.S.…
Hanjin Gets US Court Order, Cash to Unload Ships
A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports. South Korea's Hanjin asked U.S. Bankruptcy Judge John Sherwood to issue an order that would prevent creditors from seizing Hanjin ships or property, and allow cargo owners to make arrangements to retrieve goods stranded in warehouses. Sherwood said he would sign the order later on Friday.
September US Retail Imports Strong
Import cargo volume at the US’ major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Hanjin should not significantly affect volume for the month since alternative arrangements to unload those containers or shift cargo elsewhere should be dealt with by the time the numbers are tallied…
MN100: Continental Underwriters, Ltd.
Continental Underwriters, Ltd. is a national, multiline firm for all types of marine coverage. The firm offers both admitted and non-admitted products in 50 states with affordable, broad terms and conditions for even the most unusual and complex risks. Continental’s 45 years of success ensures that insured’s receive extensive access, and tailor-made coverage from experienced brokers and underwriters. Continental is part of the FGH family of companies.
Port of NY/NJ Deepened for Larger Box Ships
The Port of New York & New Jersey, in partnership with the U.S. Army Corps of Engineers, has completed a $2.1 billion Main Navigation Channel Deepening Program in order to facilitate the next generation of larger containerships calling the port following the expansion of the Panama Canal. The Port of New York and New Jersey serves as the gateway to one of the most concentrated and affluent consumer markets in the world.
US' Most Advanced Warship Departs Bath Iron Works
The newest and most technologically advanced surface warship, future USS Zumwalt (DDG 1000), departed Maine shipyard Bath Iron Works September 7, marking the beginning of a three-month journey to its new homeport in San Diego. Crewed by 147 sailors, the stealthy, powerful and lethal Zumwalt is the lead ship of the U.S. Navy’s next-generation class of multimission destroyers. They are capable of performing critical maritime missions and enhance the Navy’s ability to provide deterrence…
Port of Long Beach CEO Resigns
Port of Long Beach CEO Jon Slangerup announced his resignation, effective October 28, 2016. Slangerup will step down as head of the nation’s second largest port to take a position as Chairman and CEO of an aviation technology company effective October 31, 2016. Soon after joining the port in June of 2014, Slangerup helped address the major congestion challenge that affected the San Pedro Bay port complex and the national goods movement network.
Keeping Hulls Clean One Barnacle at a Time
i-Tech's CEO Philip Chaabane is intent on keeping hulls clean, one barnacle at a time. Please provide a brief personal/professional background, with insight on how you’ve come to occupy the CEO seat at I-Tech. I have a Swedish and French MSc in Engineering and have spent some six years in the aerospace industry working for Volvo Aero (today GKN) with jet engine components within product development as well as production and supply chain in general.
MN100: Schoellhorn-Albrecht Machine Co., Inc.
Schoellhorn-Albrecht is an industry leader in the design and manufacture of Mooring Equipment and Systems including Capstans, Anchor Windlasses, Deck Fittings and Vessel Access Systems. In addition to standard products, the firm specializes in designing and manufacturing castings, fabrications, and specialized machinery. Products can be designed and certified to ABS, LLOYDS, MIL, ISO, NAVSEA, ASTM, JIS, OCIMF, and NVR as required. The firm has 35 employees.
US Crude Stocks Plunge as Tankers Delay Arrival on Storm Warning: Kemp
U.S. crude oil inventories plunged by more than 14.5 million barrels in the week ending on Sept. 2, the largest weekly drop since 1999. The reasons for the drawdown…
Wärtsilä In Dow Jones Sustainability Index
Wärtsilä has been selected as an index component of the Dow Jones Sustainability Indices (DJSI), both in the DJSI World and DJSI Europe indices. S&P Dow Jones Indices…
FPSO Turritella Producing, On Hire
SBM Offshore stated that FPSO Turritella is formally on hire as of September 2, 2016 after achieving Commencement of Commercial Production (CoCP). The CoCP certificate was issued on September 8, 2016.
GAC, Forth Join Forces to offer Mooring, Terminal Solutions
GAC UK and Forth Logistics Marine Services (FLMS) have formed a partnership to provide mooring and related terminal services around the UK. Formed on the back of…
Virginia Port Turns a Profit Again
Governor Terry McAuliffe today announced that The Port of Virginia’s preliminary unaudited reports for fiscal year 2016 indicate that it will post an annual operating income of $4.76 million…
A&P to Partner with GEA for BWTS
GEA and A&P Group have signed a Memorandum of Understanding (MoU) regarding a cooperative partnership for the promotion of the ballast water treatment system GEA…
Sovcomflot $ 1.26 bln Debt Financing Complete
SCF Group completed a series of financing transactions in the total amount of USD 1.26 billion. The deals include USD 750 million of unsecured public debt and USD…
