Why Is Fuel Testing Important?
Ship operators shuld make on board fuel testing an operational necessity, urges Wilhelmsen Ships Service (WSS). There are a host of issues, which can arise with both traditional heavy fuels and modern low sulphur distillates that, if left unchecked, cause significant problems in the engine room. Water content is a common problem for both fuels, but there specific issues associated with the two distinct fuel types.
Sanmar Builds Tug for West Central Africa
The newly built tugboat Ivindo, the latest in the Bogacay Class from Turkish shipbuilder Sanmar, has started her maiden journey to operate in West Central Africa. This ASD design, exclusive to this builder, is known as the Robert Allan RAmparts 2400 SX Class but contains considerable input based on Sanmar’s operational experience. Measuring 24.4m in length with a molded beam of 11.25m and an overall draft 5.70m…
Evac Names Rudling President, Offshore and Merchant
Evac Group has appointed Claes Rudling as global Business Area President, Offshore and Merchant, effective January 23, 2017. Rudling will continue as CEO of Uson Marine…
New CEO at CMA CGM
Rodolphe Saadé is the new chief executive of container shipping line CMA CGM, taking over the role previously held by his 80-year-old father. The top spot at CMA CGM Group has been passed from one generation to another. Jacques Saadé announced on his 80th birthday that his son Rodolphe Saadé would take over as the French shipping line’s next chief executive officer. Jacques Saadé, who founded the company 1978, will remain chairman of the board of directors.
SBM Offshore Raises Dividend
Dutch oil-ship lessor SBM Offshore's full-year core profit (EBITDA) jumped 67 percent, driven by growth in its Lease and Operate business, the company said on Wednesday. SBM, which has been seeking a settlement after being accused of paying bribes to executives of state-controlled oil company Petrobras, reported an EBITDA of $772 million for 2016. Revenue fell 16 percent to $2.27 billion. Analysts polled by Reuters had on average expected revenue of $2.06 billion and EBITDA of $729 million.
GTT Receives Order to Equip a New FSRU
GTT has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip a floating storage and regasification unit (FSRU) with its NO96 cryogenic membrane containment system.
Pirates Kidnap Cargo Ship Crew Nigerian Waters
Pirates have kidnapped seven Russians and one Ukrainian after attacking the cargo ship the BBC Caribbean off the coast of Nigeria, the Russian embassy said on its official Twitter account.
FRC Bailey Barco Delivered to the USCG
The U.S. Coast Guard has taken delivery of USCGC Bailey Barco on February 7, 2017 in Key West, Fla. The vessel is scheduled to be commissioned in Ketchikan, Alaska in June, 2017. USCGC Bailey Barco is the 22nd vessel in the Coast Guard's Sentinel-class Fast Response Cutter (FRC), built by Bollinger Shipyards using an in-service parent craft design based on the Damen Stan Patrol Boat 4708. The 154-foot patrol has a flank speed of 28 knots…
Ro-ro Vessel Fires: Risks and Recommendations
As vessel fires have become more prevalent in the car/ro-ro passenger segment, the International Union of Marine Insurance (IUMI) examines these occurrences as the group voices its concerns and puts forward recommendations to mitigate the risks. The deadly fires aboard the ferries Norman Atlantic just before New Year 2014 and the Sorrento in April 2015 prompted an international response from the UN International Maritime Organization (IMO) in May 2015.
Hai Cheung to Build Evoqua Seacure System Under License
Evoqua Water Technologies’ SeaCure ballast water management system (BWMS) continues to build momentum in the marine market. Today, the company expanded its global partnership network by joining forces with Hai Cheung, a leading marine equipment supplier to the Chinese market. Hai Cheung will initially support Chinese shipyards with the supply and service of Evoqua’s SeaCURE BWMS. In a second phase of the agreement…
Fishing Vessel Catches Fire off Georgia
Three fishermen were rescued Tuesday after their vessel caught fire 1 mile east of St. Catherines Island, Georgia. U.S. Coast Guard Sector Charleston command center watchstanders received a call from the fishing vessel at 3:16 p.m. stating their vessel was on fire and sinking. A Coast Guard Station Tybee Island 29-foot Response Boat - Small boatcrew and an Air Station Savannah MH-65 Dolphin helicopter aircrew launched at approximately 3:25 p.m.
Hamburg Süd Opens Dubai Office
Hamburg Süd has opened its first proprietary agency in the Middle East. On February 1 Hamburg Süd Shipping LLC commenced operations in Dubai, United Arab Emirates.
New DP Simulator for Indonesian Training Center
Jakarta, Indonesia-based maritime training center PT Azureus Simulator Asia has chosen KONGSBERG’s Dynamic Positioning (DP) simulators to help it meet significant growth in regional demand for offshore operational training. Due for delivery in June 2017, PT Azureus Simulator Asia is the first Indonesian training center to utilize KONGSBERG DP simulators. It joins a long list of South East Asia facilities…
Has the Asian LR Tanker Market Hit Bottom?
The Long Range (LR) 2 tanker market in the East of Suez has been languishing in the doldrums for almost two weeks. LR2 rates on the AG/Japan route, basis 75 kt, nosedived from w120 at the beginning of January to current levels of w80. Earnings for a round voyage on the benchmark route are hovering around barely breakeven levels at $2,000/day. A slew of refinery outages which have lowered CPP exports as well as a pile up of prompt tonnage in the region have culminated in the perfect storm.
Repairing Fiji’s Maritime Navigation Equipment Post-Winston
When Tropical Cyclone Winston struck Fiji in February 2016, the deadly category 5 storm raked across the country with peak winds of 185 mph, damaging or destroying some 40,000 homes and causing an estimated $1.4 billion in damages. The strongest recorded tropical cyclone to make landfall in the South Pacific archipelago, Winston significantly damaged much of Fiji’s infrastructure, including to a number of maritime aids to navigation and lighthouse sites.
Australia Probes Coal Spill near Great Barrier Reef
Coal has washed up in waters dangerously close to Australia's Great Barrier Reef, environmental authorities said on Wednesday, following an investigation into complaints…
Weather Halts North West Shelf Liftings
Loading of cargoes from Australia's North West Shelf (NWS) liquefied natural gas (LNG) and condensate project has been halted due to adverse weather, traders with…
A.P. Moller-Maersk Misses Q4 Forecast
Net operating loss after tax of $2.7 bln means dividend cut. Chairman to step down at end of March. A.P. Moller-Maersk missed fourth-quarter profit expectations…
Bahri Acquires VLCC Amjad
Amjad, a 300,000 DWT Very Large Crude Carrier (VLCC) built by Hyundai Heavy Industries (HHI) in South Korea, has become the latest addition to Bahri's growing fleet of 84 vessels of various types.
Savannah Positioned as U.S. Gateway Port
Today the Georgia Ports Authority announced the sale of 500 acres of property for commercial development to accommodate growing customer demand for warehousing,…
