Acciona Gets DNV GL Certification
Acciona Energia, the biggest global operator exclusively in renewable energies, received the first ever prototype certificate for a grid-scale energy storage solution by DNV GL…
Hapag-LLoyd Extends Contract of CEO Rolf Habben Jansen
The supervisory board of Hapag-Lloyd AG has unanimously approved to extend the contract of Chief Executive Officer Rolf Habben Jansen for a further five years until 31 March 2024.
Indian Ports Register 1.78% Growth in April
The major Indian ports collectively recorded a growth of 1.78 per cent during April, handling 56.81 million tonnes of cargo, said the Shipping Ministry. "The major…
TUI Approves New Ship for Hapag-Lloyd Cruises
Europe’s largest travel and tourism group TUI Group said it had approved construction of another cruise ship for its Hapag-Lloyd cruise business and that summer…
Upper Mississippi Fleeting Signs with MobileOps
Upper Mississippi Fleeting has signed a deal with MobileOps to help bolster safety, maintenance and regulatory initiatives across its fleet.Upper Mississippi Fleeting…
Statoil Awards Contract for Subsea 7’s Seven Viking
Subsea 7 S.A. said it has received a contract from Statoil to provide subsea inspection, maintenance and repair (IMR) services on the Norwegian Continental Shelf.Subsea 7 did not specify a dollar amount for the awarded work, but said the contract is worth between $150 million and $300 million.Offshore activities will begin in January 2019 using Subsea 7’s IMR and light construction vessel Seven Viking…
Great Lakes Limestone Trade Lags
Great lakes limestone shipments totaled just 1,254,226 net tons in April, a decrease of 23 percent compared to a year ago as the coldest April in more than two decades put a chill on the trade. According to the Lake Carriers’ Association (LCA), loadings trailed the month’s five-year average by even more – 33.3 percent.Loadings at U.S. ports totaled 1.1 million tons, a decrease of 19 percent, while shipments from Canadian quarries totaled 177…
Argentina Offshore Auction Attracting Oil Producers
International oil firms including Norway's Statoil, U.S.
Finns Want to Carve Trump’s Face on a Glacier
President Donald Trump reportedly told South Dakota Representative Kristi Noem it is his dream to be added to Mount Rushmore.There might not be space for the 45th American president’s likeness alongside some of his most immortal predecessors on Mount Rushmore, but a group of Finnish environmentalists say they want to fulfill Trump’s dream in a different way.Members of a Finnish NGO say they want to commission Project Trumpmore…
Offshore: Nippon Foundation, Deepstar Sign MOU
Japan's Nippon Foundation and Deepstar signed a Memorandum of Understanding (MOU) recently which essentially will allow Japan to tap the expertise and resources of DeepStar to help Japan discover and recover new-found subsea resources, as well as educate future generations of Japanese. The MOU was signed on May 1, 2018 at the Hotel ZaZa in Houston, and speaking at the event Nippon Foundation Chairman…
Practical Contributions to the Development of Autonomous Sailing
A great deal of debate and speculation surrounds autonomous sailing. While MARIN does not pretend to know all the answers, it is taking practical steps to assist in its development.The introduction of further autonomy in shipping first aims to facilitate much higher safety standards, but at the same time, a reduction in manning. MARIN is focusing on three main areas in relation to autonomous sailing.
Inland Drydocks: Location, Location, Location
A recent dry dock rehab project in Chicago provides new options and money saving opportunities for inland and Great Lakes stakeholders alike.From software to steel plating, Indiana-based TPG Marine Enterprises provides a range of services in the Great Lakes and inland waterways markets. River based tug and barge services are based in Jeffersonville and Mt. Vernon, IN, on the Ohio River, as well as on Kentucky’s Green River.
Meyer Turku Investing Profits in its Shipyard
Coming off of three straight profitable years, Finnish shipbuilder Meyer Turku said it is using its profits to finance a 200 million euro ($237 million) investment program at its Turku shipyard.The cruise ship builder reported its 2017 revenue was 807.7 million euros ($959 million) compared to 2016’s 787.5 million euros ($935 million). Net profit for the financial year rose from 26.2 million euros…
#BTC100 History
In 2017, Bouchard Transportation Co. announced its construction plans for ATB unit M/V Evening Breeze and B. No. 252, which is the sister to ATB unit M/V Evening Star & B. No. 250. These Jones Act vessels will include the newest modifications to the Intercon and pin system, and the most technologically advanced equipment in various spaces that are designed to reduce total emissions. Expected delivery is during the early part of 2019.
Rolls-Royce, Siem Offshore Ink 5-Year Maintenance Deal
Rolls-Royce said it has signed a long-term service agreement with offshore vessel owner Siem Offshore for the maintenance of its deck machinery installations aboard 12 anchor handling vessels.The five-year Maintenance Inspection Program (MIP) is the formalization of a cooperation agreement between the two companies following the delivery of 10 new AHTS vessels in 2010, and two additional AHTS vessels that Siem Offshore took over ship management of in 2017.Jon August Houge…
Damen's Boer Secures WISTA Post
Damen’s Head of Communications, Sylvia Boer, has recently been appointed President of the Netherlands chapter of WISTA – the Women’s International Shipping and Trading Association. WISTA the Netherlands was founded in 2000 and currently has 140 members from across the maritime industry. WISTA the Netherlands focuses on a number of priority topics affecting the industry. Amongst these are sustainability…
Diana Containerships: Q1 Revenue More Than Doubles
Diana Containerships announces its Q1 revenue has more than doubled.Dry bulk shipper's shares jump 64 pct to $2.70, top advancer across U.S.
Maritime Training: Simulators are the Standard -MarTID Report
When it comes to training bridge officers, simulator training is the standard, with over 86 percent of companies using simulators for this purpose, according to the Maritime Training Insights Database (MarTID) 2018 Training Practices Report.The MarTID report found that a smaller proportion, around 60 percent total, use simulators for training engineering officers.Investment into simulation training will only increase in years to come.
Egypt Approves Oil Exploration Deal with Eni, Tharwa
Egypt has approved an exploration agreement with Italy's Eni and the Egyptian Tharwa company to search for oil and gas in the Mediterranean off the coast of northern Sinai, the Egyptian oil minister said on Wednesday.Under the deal, Eni and Tharwa will spend $105 million in two stages over six years, which involve drilling one well in the first stage and another in the second, Tarek El Molla told journalists.Reporting by Momen Saeed Atallah, writing by Sami Aboudi
Norway Launches New Licensing Round in Mature Offshore Areas
Norway will hold a new licensing round for its offshore oil and gas fields in already opened areas, further expanding the exploration acreage available to energy firms, the oil ministry said on Wednesday.Areas in the North Sea, the Norwegian Sea and the Barents Sea will be offered to oil companies, who have until September to submit their applications. The ministry plans to award licenses at the beginning of 2019…
