SBM Offshore Reaches Settlement in Brazil Corruption Probe
SBM Offshore has reached a settlement in a long-running corruption investigation it faced in Brazil, allowing the Dutch marine engineering group to take up new business there.SBM said late on Thursday it would pay approximately $189 million to the Brazilian authorities and state oil company Petrobras in fines and compensation for damages.The company would not receive earlier agreed performance bonuses worth about $180 million in the period until 2030…
CNIV Module Installed on Erha FPSO in Nigeria
The Jumbo Javelin and her team have successfully installed a 100t Calcium Nitrate Injection Vessel (CNIV) module on the ERHA FPSO offshore Nigeria for Mobil Producing Nigeria (MPN).For this assignment the Jumbo Javelin had the Fly-Jib installed in Singapore. The 16-meter x 700t SWL Fly-Jib gives essential additional lifting height when mounted on the vessels forward crane.Once the Fly-Jib was installed…
Contaminated Fuels Clog Ship Engines in Singapore
Contaminated marine fuel that clogs and damages ship engines has been found in Singapore, the world's largest ship refuelling hub, according to sources and an alert sent to clients by a marine fuel surveying company.Singapore-based marine fuel surveyor and consulting firm Maritec Pte Ltd warned clients this week that six samples of ship fuel sold in Singapore had "resulted in severe sludging at centrifuges…
Baltic Index Slips on Lower Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday for the third straight session, hurt by lower capesize rates.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 32 points or 1.9 percent to 1,676 points.* The index fell 1 percent this week, the first decline in five weeks, even…
COSL to Drill Tui Field Wells for Tamarind Resources
Offshore driller COSL Drilling Europe as entered into an agreement with Tamarind Resources for drilling operations with Hai Yang Shi You 982 (HYSY 982) in New Zealand.Tamarind…
Port of Rotterdam Throughput Drops 2.2% in 1H 2018
The port of Rotterdam achieved throughput of 232.8 million tonnes in the first six months of 2018. That is 2.2% less than in the first six months of 2017.Container throughput…
Serbia Accedes to BWM Convention
Seventy-four countries have now signed up to International Maritime Organization (IMO)'s Ballast Water Management Convention, with Serbia being the latest to accede…
Scorpio Bulkers Gets New Loan Facility
Monaco-based international shipping company Scorpio Bulkers announced that it has received a commitment from ABN AMRO Bank N.V. and Norddeutsche Landesbank Girozentrale…
Liberia Becomes Fastest Growing Flag in Shipping
Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to shipping services provider Clarksons in its Clarksons…
IMO Training to Cut Emissions in Malaysian Ports
Malaysian maritime officials are touring the Port of Bintulu on Borneo island as part of an International Maritime Organization (IMO) training package helping countries…
Damen Completes Maintenance on Fugro Mercator
Damen Shiprepair Harlingen (DSHL) has completed maintenance and repair works on the Fugro Mercator, a twin-hulled survey vessel operated by Fugro.Fugro Mercator…
Women in Shipping: 21st Century Workforce
In an industry facing significant skill shortages many organizations are ready to take a fresh approach to recruiting and retaining women in the shipping workplace.
Mauritius Signs Jeddah Amendment on Illicit Maritime Activity
Mauritius has become the 15th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western…
DNV GL, TMT Sign Deal on Rotor Blades
DNV GL, the world’s largest resource of independent energy experts and certification body, has signed a comprehensive framework agreement with leading Chinese wind…
Genco Takes Delivery of 2014-built Ultramax
Drybulk shipping company Genco Shipping & Trading Limited announced Thursday it has taken delivery of a 2014-built 61,000 dwt Ultramax vessel.The vessel, Genco Weatherly…
The Jones Act and Offshore Wind in Light of the Aeolus Energy Announcement
As the domestic offshore wind industry comes to life, U.S. flag vessels will necessarily be part of that expanding equation.A potential sea change came with the recent announcement from Aeolus Energy Partners that the renewable installation and operation company was investing in a fleet of Jones Act-compliant vessels dedicated to the offshore wind industry. Long a barrier to entry for foreign and domestic prospectors alike…
Norwegian Joy is US Bound
Norwegian Cruise Line’s first ship custom-designed specifically for the Chinese cruise market will be repositioned to sail from the United States starting in 2019.The nearly 4,000 passenger cruise ship Norwegian Joy is slated to sail seasonally from Seattle to Alaska in summer 2019 before making voyages to the Mexican Riviera and Panama Canal from Los Angeles in winter 2019/2020.Built by German shipbuilder Meyer Werft in 2017…
Middle East Oil & Gas Shipping Routes are at Risk
Saudi Arabia said on Thursday it was suspending oil shipments through the Red Sea after Yemen's Iran-aligned Houthis attacked two crude tankers, underscoring risks caused by the conflict in the world's top oil exporting region.Iran, in its row with the United States over sanctions, has also threatened to block the Strait of Hormuz, the other major strategic shipping route for oil from the region and…
Mooring Installation Highlights Thordon's Range
The bearing installations to two Calm Buoys operating offshore Libya are indicative of the wide-range of applications Thordon’s environmentally-safe bearing systems have outside the company’s traditional maritime market.A total of 48 bearings and bushings were supplied in 2014 for installation to the chain stoppers of Monobuoy’s 400t turntable Calm Buoys, a single point mooring system designed to allow oil tankers to load and offload cargoes offshore…
Gibdock Secures New ISO Certification
Gibdock has underlined its commitment to Occupational Health & Safety by becoming the first shipyard in the Mediterranean region, and one of the first companies worldwide, to achieve ISO 45001:2018 certification.An audit by LRQA completed on July 6 confirmed that the Gibraltar shipyard is fully compliant with the requirements of the new ISO standard, which was only published in March this year. ISO 45001:2018 replaces the previous standard, OHSAS 18001.
