Online Hook Inspection Courses
Henriksen Hooks of Tønsberg, Norway, believes that the maritime world is becoming a little safer thanks to the take-up of its hook inspection training courses. In February, Henriksen introduced an online training course that enables customers to perform their own annual product inspections. Since then, the company has been surprised by the number of individuals who have completed the course, thereby…
Decommissioning Gets into Deep Water in GoM
LOC Group’s Houston office provides perspective on decommissioning developments in the Gulf of Mexico.The Gulf of Mexico basin covers approximately 1.6 million km2 and is one of the most important petroleum production regions in the world. A significant portion of the area is shallow continental shelf waters. These areas were developed first by oil companies, with deeper water development only being undertaken once the ‘easier’ sites had been exploited.
Moody’s: U.S.-China Trade War Means 'Dip' in Global Growth
Credit rating agency Moody’s warned on Thursday that global economic growth was likely to slow in the next two years and that it expected the trade war between the United States and China to escalate further."We expect global growth to slow to under 3.0 percent in 2019 and 2020, from an estimated 3.3 percent in 2017-18," the agency said in a new report.It added that the recently imposed tariffs on…
V.Group Showcases Seafarer App, Manila Training Facilities
V.Group, a leading provider of marine support services, has announced that it will unveil a new app for seafarers as well as an upgraded training center in Manila as progress accelerates on Project Embark, a program designed to transform the way the leading supplier of independent ship management and related marine services handles crewing for its pool of 44,000 seafarers.The app will enhance the seafarers’ experience…
Hapag Lloyd CEO Expects Global Shipping Demand Growth Over Next Two Years
CEO sees box shipping volumes growing 3-4% annually from 2018 to 2019, lower than sector experts estimate due to geopolitical risks.Hapag Lloyd also expects global demand to outstrip supply growth over next two years.CEO also says ship scrapping activity has been picking up in recent weeks after almost no activity earlier this year.
BREAKING: Tanker, Frigate Collision Shuts Down Norwegian Oil, Gas to Europe
Norway has been forced to close the Sture Oil Terminal near Bergen and has started closing down the nearby Kollsness gas-and-condensate terminal — a lifeline of heating gas to Europe — after an early morning collision between a $440-million frigate and an oil tanker.The frigate Helge Ingstad, now listing heavily to its port side, is loaded with torpedoes and weapons systems said to be unstable as a result of the collision.
OSVDPA Announces 2019 Membership Enrollment
Announcement also includes new membership policies and enrollment procedures.The Offshore Service Vessel Dynamic Positioning Authority (OSVDPA) is now accepting Individual and Corporate Membership Applications for the 2019 calendar year.Membership provides individuals and companies involved in the dynamic positioning industry the ability to advise the OSVDPA on the content and requirements of the OSVDPA DPO Certification Scheme.
German Shipyard Suspends Production after Saudi Export Ban
German shipbuilder Luerssen has suspended production of coastguard vessels it was building for Saudi Arabia and placed large numbers of staff on short hours, blaming uncertainty over whether Berlin would grant future weapons export licences.After dissident journalist Jamal Khashoggi was killed in Saudi Arabia's consulate in Istanbul, Chancellor Angela Merkel said Berlin would authorise no further weapons…
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