MacGregor: Cleared by S. Korean Regulators for TTS Acquisition
MacGregor, part of Cargotec, received a clearance decision from the South Korean Fair Trade Commission on the company's acquisition of the marine and offshore businesses of TTS Group ASA…
Great Ships 2018: World’s Largest MOSS Type LNG Carrier
Pacific Breeze, a 182,000 cu. m. capacity LNG carrier, is the world’s largest MOSS type LNG carrier ever constructed, built at Kawasaki Heavy Industries, Ltd., Japan (KHI). This capacity was achieved by extending the equatorial ring section of No. 3 and 4 cargo tanks by 1.6m in height from the conventional spherical shape, which increases approximately 5,000m3 from the second largest MOSS type LNG carrier constructed by KHI.
Tango FLNG En Route to Argentina
Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango FLNG (previously named Caribbean FLNG) is on the move just one month after a contract was signed for a firm, 10-year deployment.Upon its arrival, the facility will be put in operation for EXMAR’s customer YPF S.A.
Lamprell Gets LOI to Build Jackup Pair
Lamprell announced it has received a letter of intent (LOI) from International Maritime Industries Company (IMI), the Saudi maritime joint venture in which Lamprell is a partner, confirming the intent to award Lamprell the contract for the construction and delivery of two jackup drilling units.The rigs will be built collaboratively between the IMI and Lamprell for delivery to IMI's end client. Lamprell said it will undertake most of the fabrication work for both jackup rigs at its Hamriyah yard…
Great Ships 2018: BP's British Partner
BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea. BP Shipping, which launched a fleet rejuvenation program in 2016 that includes 32 new vessels for delivery over a three-year period, said the six new Partnership class ships will increase its ability to transport LNG in emerging new markets…
Brexit:: P&O Re-flags Two Ships for Tax Reasons
British ferry and shipping freight operator P&O is reviewing its UK-registered fleet and is already re-flagging two vessels to keep European Union tax arrangements ahead of Britain's departure from the bloc, the company said.A P&O spokesman said two of its UK ships operating on the English Channel route to France would be re-flagged to Cyprus."The change is being made to preserve the tonnage tax financing arrangements, under which the ships should remain flagged in an EU member state," a stateme
RCCL: USCG Searches for Overboard Cruise Crew Member
The U.S. Coast Guard on Wednesday was searching for a British crew member who went overboard from a Royal Caribbean Cruises Ltd cruise ship in the Atlantic Ocean.Arron Hough…
FMC Offices Closed due Partial Federal Shutdown
The Federal Maritime Commission is closed effective Wednesday, December 26, 2018 as part of the partial federal government shutdown due to a lapse in appropriations. The Commission will resume normal operations when appropriations legislation is enacted and the federal government reopens.With the exceptions of Acting Chairman Michael A. Khouri and Commissioner Rebecca Dye, who are Presidentially-appointed…
USN Awards Sub Safety Contracts
Oceaneering International Inc., Chesapeake, Virginia (N64498-19-D-0001); Huntington Ingalls Inc., Newport News, Virginia (N64498-19-D-0002); and General Dynamics Electric Boat…
Damen Snags Year-End Contract from EMAR Offshore
EMAR Offshore Services placed an order for a Damen ASD Tug 2811, a stock vessel to be named E-TWO and delivered in Q1 2019 after an additional FiFi1 system and aft winch are installed.The ASD Tug 2811 is one of Damen’s ‘next-generation’ harbor tugs, announced in 2018. An upgraded version of the ASD Tug 2810, it has been optimized for the decade ahead with features that include full compliance with the new stability regulations…
Third Party Oversight
... one year after the commandant’s Final Action Memo on the El Faro sinking.“… the Coast Guard is ultimately responsible to monitor the performance of third parties that perform delegated functions and also to guarantee the effectiveness of vessel inspections and surveys. Yet the Coast Guard failed to adequately oversee the third party in this case, and the investigation reveals that the Coast Guard has not sustained the proficiency and policy framework to do so in general.
Empty Shipyard: "Hyundai Town" Grapples with Uncertain Future
Hyundai has outsized influence over town's economy, population; Ulsan could be South Korea's Rust Belt in the making.When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's annual average salary.But the 52-year-old was laid off in January, joining some 27,000 workers…
