New Approaches to Inland Infrastructure Renewal
Economical repairs are being applied to rapidly corroding steel and concrete structures in U.S. ports and inland waterways. The new repair systems – PileMedic & SPiRe – might just be what the doctor ordered. Recent advancements in using Fiber Reinforced Polymer (FRP) for major structural repair and strengthening of submerged marine piles made of concrete or even timber has led to an economical, less invasive infrastructure repair solution for inland port development compared to current systems.
Nigeria Oil Exports Continue to Climb
Nigeria issued its first Forcados oil loading plan since 2016, putting the nation's June oil exports on track to hit thier highest level in at least 15 months. The plan…
Fishing Trawler Launched in Nauta Shipyard
On June 2 Nauta Shiprepair Yard launched a newly built partly outfitted fishing trawler Rockall. It was third launching ceremony in Nauta Shipyard this year. Rockall is also the 10th unit which was built by Nauta for Karstensens Skibsvaerft AS. Rockall (B-436) is 69.9 m long and 14.2 m wide. Depth of the unit is 7.5 m. Astrid Fiskeri AS from Denmark will be the final owner of the ship. In terms of technical parameters, the vessel is similar to the Grateful, which was launched in September 2016.
Samsung Heavy Industries, DNV GL Partner for LNG Carrier Design
DNV GL and Samsung Heavy Industries. Co., Ltd (SHI) signed a joint development project (JDP) agreement focused on the development of new LNG carrier designs. Mun-Keun Ha, Senior Executive Vice President of SHI, and Tommy Bjørnsen, DNV GL’s Regional Manager Maritime Korea & Japan, signed the agreement at the DNV GL Group head office in Høvik, during Nor-Shipping week. The JDP aims to develop two 30K LNG carrier designs, one with membrane type LNG tanks and one with type-C (pressurized) LNG tanks.
Matson Increases Its South Pacific Express Service
Matson said it it will increase the frequency of its South Pacific Express (SPX) service to Samoa and American Samoa from 28 days to 14 days. The service provides transits from Hawai'i and the U.S.
SEACOR Marine Holdings Begins Trading on NYSE
SEACOR Holdings Inc. has announced the completion of the spin-off of SEACOR Marine, finalizing the transition to SEACOR Marine’s status as an independent public company. Until this point a subsidiary of SEACOR, SEACOR Marine attained full independent status yesterday, June 1, 2017. SEACOR Marine begins “regular-way” trading on NYSE today under the symbol “SMHI”.
BW Offshore CEO Sees Signs of Recovery
BW Offshore, which delivers floating production services to the oil and gas industry, sees signs of an improved market. "It's still early days but we definitely see a pick-up in discussions and tendering activity," CEO Carl Arnet said during the firm's first-quarter earnings presentation. Says Brazil will be important but also sees activity elsewhere. BW Offshore reported Q1 earnings below forecast on Monday.
Tropical Storm Beatriz Bears Down on Mexican Coast
Tropical Storm Beatriz approached Mexico's Pacific coast on Thursday, the U.S. National Hurricane Center said, dumping heavy rains that resulted in at least two deaths…
Baltic Index Continues Slide Across All Segments
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday for the 14th straight session as rates across vessel segments continued to slide.
VLCC Rates Steady Ahead of Possible Rebound
Five/six charterers are making storage inquiries; near-term pressure on tanker rates to continue - Frontline CEO. Freight rates for very large crude carriers (VLCCs)…
Human Failure Affecting Shipping Safety Performance
Data from maritime safety specialist Propel shows huge potential to reduce risk of serious accidents. “Human failure tops the agenda of many companies though few know how to address it in a proper way. Collaboration, trust and engagement of all personnel -ship and shore- are vital to reduce major accidents. The whole industry needs to change its focus when it comes to improving maritime safety,” said Benedikte Wentworth, CEO of Propel.
FPSO to Achieve First Oil from Libra Field in July
Teekay informs that the FPSO Pioneiro de Libra arrived May 17 in Brazilian territorial waters. The FPSO unit, owned through a 50/50 joint venture between Odebrecht Oil & Gas and Teekay Offshore, will be the first to produce oil in the Libra Block which covers more than 1,500 square kilometers in the Santos Basin and has estimated reserves of 8-12 billion barrels of recoverable oil. The first oil is scheduled for July.
PA Pipeline Spat Could Upend International Oil Flows
Refiners from the Midwest United States are fighting for access to a vital Pennsylvania pipeline – a move that could cripple their East Coast competitors and redraw…
MHI and MHPS Jointly Develop Marine SOx Scrubber
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have jointly developed a Large-scale Rectangular Marine Scrubber that efficiently…
MOL Delivers LNG Carrier CESI Beihai to SINOPEC
Mitsui O.S.K. Lines (MOL) today announced that the LNG carrier CESI Beihai-ordered by a joint venture of MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping)…
LNG-fueled Newcastlemax Bulk Carrier Design Unveiled
Project partners BHP, Fortescue, Mitsui O.S.K. Lines (MOL), Rio Tinto, SDARI, U-Ming, Woodside, and DNV GL presented the results from stage one of their “Green Corridor” joint industry project (JIP)…
Norad - IMO Partnerships to Protect Marine Environment
International Maritime Organization (IMO)’s collaboration with the Norwegian Agency for Development Cooperation (Norad) to deliver technical cooperation activities…
DNV GL Offshore Wind Standard for China
DNV GL is part of the consortium selected by the World Bank to support the development of 3 new standards in offshore wind turbine support structures, offshore substations…
Greenhouse Gas Model for Shipping by 2050
DNV GL has published a report assessing the potential for greenhouse gas (GHG) emissions reduction from shipping towards 2050, based on a new computational model.
Damen Consolidates Australian Partnership
Damen Shipyards Group recently visited Adelaide to further consolidate their partnership with ASC Shipbuilding and Forgacs Marine and Defence (Forgacs) (ASC Forgacs…
