Interview: Kitack Lim, Secretary-General, IMO
As the International Maritime Organization (IMO) celebrates its 70th anniversary, Kitack Lim, Secretary-General, sits in his London office with a sense of satisfaction that in his two plus years at the helm of IMO tremendous strides have been made toward significant greenhouse gas emission reductions, punctuated by the recent MEPC meeting where the target was set for a 50% reduction in CO2 emissions by 2050.
Container Shipping Line MSC Stops New Iran Bookings
The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose…
Zero Emission Ships: Comparing Fuel Choices
There's a new report out from the Sustainable Shipping Initiative (SSI) -- authorted by Lloyds Register (LR) and University Maritime Advisory Services (UMAS) -- that examines different fuel options and costs as increasingly the world's oceangoing fleet is pushed toward decarbonization. As a back drop, as Mariitme Reporter & Engineering News reports in its May 2018 edition with its cover feature interview with Kitack Lim…
Galveston Pilot Dispute: Round One goes to State Pilots
Federal Pilots to appeal. Local spat has regional and national implications. The Galveston-Texas City Pilots and the five-member Board of Pilot Commissioners for…
Maersk Drilling: First Order for "Chela" Crane
Maersk Drilling awarded GustoMSC the first order for the uniquely designed crane Chela, which is to be installed on Maersk Invincible (GustoMSC CJ70 design) which is currently operating on Valhall for AkerBP. Chela is desgined to improve safe handling underneath the cantilever and reduce total time spent on wells. Chela offers an extra hand in operations as, due to its crablike motion characteristics…
Shipbuilding: Keppel Bags Order for Van Oord Dredgers
Keppel Singmarine Pte won contracts from Van Oord to build two Trailing Suction Hopper Dredgers (with an option for a third), the shipbuilder announced, scheduled…
Fjord1's First Battery-powered Ferry Named at Havyard
Norwegian shipbuilder Havyard has christened the first battery-powered ferry ordered by transportation company Fjord1. The christening ceremony for MF Husavik was…
Panama Canal Welcomes Biggest-Ever Passenger Ship
The Panama Canal welcomed the Norwegian Cruise Lines-operated Norwegian Bliss, the largest passenger vessel which to ever transit the waterway. "The Panama Canal…
DMA: Third Party Liability Insurance Mandatory for Small Vessels
After new regulation, all speedboats with a hull length below 15 m, personal watercrafts/jet skis and similar vessels must now be covered by a 3. part liability insurance.
National Response Corporation Acquires SWS Environmental Services
National Response Corporation (NRC) has acquired SWS Environmental Services (SWS), significantly adding to its national footprint and expanding its full line of compliance and environmental services.
Star Bulk Carriers Acquires Songa Bulk Fleet
Greece-based dry bulk shipping firm Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels in two all-share transactions. 15 of…
DNV GL Invests in Public Blockchain Service Provider VeChain
DNV GL, the risk management and quality assurance company, has bought a stake in leading public blockchain service provider VeChain as it looks to use the technology…
New Online Tool Aids 2020 Sulfur Compliance
The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020.According to LR, the ‘Options Evaluator’ aims to bring clarity to what the potential cost and investment implications could be for the various compliance strategies…
Bahri Chooses Digital Strategic Partner
Saudi Arabia based Bahri Group, one of the largest ship owners in the Middle East and the largest owner of very large crude carriers (VLCC) in the world, has opted for digital solutions from Singapore based MariApps Marine Solutions to help meet its ship management software requirements. Majid Al-Shenaiber, Senior VP, Information Technology, Bahri Group, and Sankar Ragavan, CEO MariApps Marine Solutions, signed the agreement at the Bahri offices in Dubai on May 13.
Keel Laid for Future USS Daniel Inouye
On Monday, May 14, shipbuilder General Dynamics Bath Iron Works held a keel laying ceremony for the U.S. Navy’s future USS Daniel Inouye (DDG 118). The $642.5 million Arleigh Burke-class destroyer DDG 118 has been under construction since October 2014 and is now over half completed. The 3,000-ton keel unit was moved onto the building ways from the Maine shipyard’s Ultra Hall earlier this year, signifying the start of hull integration and the precursor to integration, test and trials. The U.S.
Financiers Turning the Tide on Shipbreaking Practices
The shipping industry has long been criticised by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clout - its financial backers. Norway's $1 trillion Oil Fund, a leader in ethical investing, in February sold its stake in four firms because they scrap on the beach.
Statoil to Become Equinor, Dropping 'Oil'
Shareholders in Norway's largest company, Statoil, will approve on Tuesday the board's proposal to drop "oil" from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels' impact on climate change.From Wednesday, the majority state-owned company will change its 46-year-old name to Equinor and trade on the Oslo Exchange under the new ticker EQNR.The Norwegian government…
Alexis Marine To Retrofit Rivertough to Salt Lugger
Louisiana-based inland workboat operator Alexis Marine has awarded a supply contract to Thordon Bearings for the retrofitting of 6in diameter RiverTough bearings to MV Kristin Alexis, the 60ft twin-screw towboat built by Bollinger Shipyard in 1969.Both the vessel’s shafts will be withdrawn at New Orleans yard Bayou Fabricators and Machine Works, where the original rubber bearings will be replaced with…
Master Marine Delivers Towboat to Waterfront Services
Alabama shipbuilder Master Marine has delivered Sam P. Hise, the third towboat in a series of four newbuilds for Illinois-based inland operator Waterfront Services Co.The 67’ x 28’ boat is set up with 10,400 gallons of fuel, 4,359 gallons of potable water and 9,500 gallons of ballast water along with providing a maximum 7’ 9” working draft.Each vessel will be powered by a pair of Laborde Products, Inc.
Torm Stops Taking Orders in Iran Due to US Sanctions
Danish oil product tanker operator Torm on Tuesday said it has stopped taking new orders in Iran as a consequence of U.S. plans to reimpose sanctions on Tehran."We follow the situation closely and always follow the rules. Therefore, we have also stopped taking new orders in Iran," a spokeswoman told Reuters.Torm operates 79 oil product tankers worldwide.The United States last week withdrew from an…