IMO Supports Sustainable Development in Latin America
As part of the United Nations family, International Maritime Organization (IMO) is actively working towards the 2030 Agenda for Sustainable Development and the associated…
Cautious Consolidation for OSV Companies Brings Market Change
Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was announced. In a sign of optimism, Ensco announced its plan for an all-stock acquisition of Rowan Offshore, worth around $2.4 billion. The new company will be domiciled in the United Kingdom, but will have a large presence in Houston.
Deltamarin, Elomatic to Design Second Global Class Cruise Ship
Deltamarin and Elomatic, both from Turku Finland, have signed a significant agreement with MV WERFTEN Wismar GmbH for the basic and detail design of a second Global class cruise ship. The value of the contract is approximately €16.5M ($18.7 million) for Deltamarin and €17M ($19.3 million) for Elomatic. The vessel will be built in parallel in Wismar and Rostock, Germany. The contract was signed on 10.26.2018…
MacGregor Signs LOI with CSSC
MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI) on strategic cooperation. The LOI was signed on October 29, 2018 at…
Pirate Whaler Seized and Destroyed
EU NAVFOR military personnel seized an active Pirate Action Group (PAG) whaler and destroyed it on Sunday, October 28, 2018This followed a sustained period of surveillance after a piracy attack was conducted against the Hong Kong-flagged Bulk Carrier KSL Sydney on October 16, 340 Nm off the coast of Somalia.Rear Admiral Alfonso Perez de Nanclares, the EU NAVFOR Force Commander, ordered counter-piracy forces to the area for further investigation.
Matson Launches New U.S. Flag Marshall Islands Service
Matson has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ("RMI"), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days. The new service will call at three ports in the RMI - Kwajalein, Ebeye and Majuro every 17 days. Matson purchased a 700-TEU, U.S.-flagged containership to operate the new service. Christened Kamokuiki…
UV-C Keeping Ship Hulls Free from Biofouling
The presence of biofouling on the hull of a ship increases the drag from the water during sailing and thereby the fuel consumption, which results in increased CO2 emissions as well as increased costs for the ship owner. Paints applied to the underwater areas on the hull of ships therefore often contain biocides to hinder biofouling growth or possess non-stick properties, allowing a release of the fouling…
Rowan Reliance Awarded Fieldwood Contract
Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood…
Thordon Advises on VGP Delay
Thordon Bearings has advised its customers with newbuilds under construction to make sure they have the necessary documentation in place permitting operations in U.S. waters prior to 18th December 2018.The advice follows the October 10 announcement by the U.S. Environmental Protection Agency that the 2013 Vessel General Permit, due to expire in December 2018, will now be administratively continued till at least March 2019…
Tymor Marine Contracted for Vessel Mid-life Extension Program
Tymor Marine of Aberdeen has been tapped to deliver a vessel mid-life extension survey for the Irish Naval Service.Tymor will survey the Irish Navy’s P50 class vessels to assess the condition of their structure, systems, equipment and machinery and provide a full analysis and report containing independent recommendations for integrity maintenance and upgrade activity.The award of this contract, following a competitive tender process…
Herman Sr. BV Places Order for Damen Shoalbuster
A contract has been signed between Damen Shipyards Hardinxveld and Herman Sr. BV for the building and delivery of a Shoalbuster 2308 S, to be named Teddy. The new vessel will join the five other Damen Shoalbusters currently operated by the company and, with the hull already available from stock, is due for delivery in March / April 2019. This latest addition to the Senior BV fleet will allow the company to expand the services that it offers to the dredging…
Hybrid Ferry: Balearia's 125 Dual-Fuel RoPax Fast Catamaran
Balearia announced construction of the world’s first fast ferry for passenger and cargo powered by dual-fuel LNG engines. The Incat Crowther 125 design is a new class of ferry, being the first to use dual-fuel reciprocating engines and will also be one of the largest fast catamarans in service when it is delivered in 2020.The new design will be constructed by Spanish builder Astilleros Armon at their Gijon shipyard.
Russia's Only Aircraft Carrier Damaged after Floating Dock Sinks
Russia's only aircraft carrier was damaged while undergoing repairs in the north of the country after the floating dock holding it sank in the early hours of Tuesday morning and a crane crashed onto i
Piracy Warning off Philippines
The ReCAAP ISC has received information from the Philippine Focal Point (Philippine Coast Guard) that a group of approximately 10 ASG (Abu Sayyaf Group) members armed with pistol, rifles and grenade launcher is planning to conduct kidnapping activities at any opportune time in undisclosed areas in Sabah primarily targeting businessmen or ship's crew of foreign vessels passing through the area. They are using unmarked colored blue and white motorbanca locally known as jungkong.
Turkish Drillship to Start Mediterranean Operations
A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open
Shipbuilding: ST Engineering Wins $311m in Contracts
ST Engineering reports that its marine sector won $311m worth of shipbuilding/repair contracts in the third quarter alone, including options for its shipbuilding business…
Gastar Exploration Files for Bankruptcy
The pure play Mid-continent energy company Gastar Exploration will file for bankruptcy with support from the company's largest creditor and shareholder, the Los…
Ampyx Power, NLR to Join Wind Energy Solutions
The Dutch Topsector Energie-TKI Wind op Zee recently awarded a subsidy to Dutch wind energy technology developer Ampyx Power and the Netherlands Aerospace Centre…
EnBW Launched Green Bond
German utility EnBW Energie Baden-Württemberg AG has launched its first green bond on the capital market, with an issue size of €500m ($570.8m), which was oversubscribed within hours…
Sembcorp Marine Bags Offshore Wind and Ferry Projects
Sembcorp Marine is breaking new ground in renewable energy engineering solutions with two separate projects worth over S$200 million (USD 145 mln).The Group has…