VLGC Orderbook Stands at 13% of Global Fleet
The Very Large Gas Carrier (VLGC) order-book stands at approximately 13% of the current global fleet during third quarter of 2019, said Dorian LPG, the owner and…
Ulstein Pushes Offshore Wind Vessels Segment
Norway's Ulstein Group is aiming to become a leading player in the growing offshore wind industry designing and building vessels for some of the world’s toughest…
Oil and Gas Industry Adopts VR
The oil and gas industry is witnessing wide-scale deployment of virtual reality (VR) technology across its value chain, according to GlobalData.According to the report…
IRENA: Shipping Industry Must Cut Emissions
The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry…
Singapore Launches digitalPORT@SG
Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat, DPM Heng announced the launch of the Maritime and Port Authority of Singapore’s (MPA) ‘digitalPORT@SG’…
Performance Shipping Appoints Dy CEO
Performance Shipping, a global shipping company specializing in the ownership of vessels, announced that its board of directors has unanimously appointed Andreas…
Iranian, Algerian Ports Sign MoU
A delegation of Algerian Ministry of Transport executives visiting Iran's Imam Khomeini Port Special Economic Zone explored the development of port and maritime…
Sembcorp to Build Whale FPU
Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.The agreement precedes a final investment decision (FID) for the full Whale project, expected to be made next year by Shell. It paves the way for the Whale FPU to move ahead and take advantage of synergies from the ongoing Shell Vito FPU…
Interview: Cory Wood, VP, Bristol Harbor Group
Born at the University of Michigan in the early 1990s, Bristol Harbor Group (BHG) has grown into a diverse and widely respected naval architecture and marine engineering firm. Cory Wood, Vice President and one of the four co-founders of BHG, discusses the companies past and design drivers to power its future.The University of Michigan runs one of the most prestigious naval architecture and marine engineering programs in the country…
New Norton Rapid Prep XHD Abrasive Discs
Saint-Gobain Abrasives offers new Norton Rapid Prep XHD Coarse and Medium Discs to solve users’ most aggressive stock removal and blending challenges. The extra heavy-duty non-woven discs remove weld lines, weld splatter, weld discoloration and blend surfaces in a single step.XHD Coarse is ideal for surface blending on steels, while XHD Medium works well on softer metals/ alloys. Compared with coated flap discs…
Vessel Op Costs to Rise in 2019 and 2020
International accountant and shipping adviser BDO said total operating costs in the shipping industry are expected to rise by 2.5% in 2019 and by 2.7% in 2020.Responses to the firm’s latest annual Future Operating Costs Survey revealed that insurance is the cost category likely to increase most significantly in both 2019 and 2020. In the case of protection and indemnity insurance, the predicted increase is 2.0% for each of the years under review…
Austal USA Earns $21m LCS Post Delivery Award
The U.S. Navy awarded Austal USA a $$21,529,121 order yesterday to perform planned post delivery services on the Independence-variant Littoral Combat Ship USS Charleston (LCS 18). Austal’s west coast operations team will perform the work in Seattle, Washington, with it scheduled to be completed by September 2020.As the number of Austal-built ships in the fleet continues to grow, the company is expanding…
Damen Delivers Third FCS to High Speed Transfers
The delivery of the third Fast Crew Supplier (FCS) 2710 bought by Swansea, UK-based High Speed Transfers has taken place at Damen Shipyards Antalya. Named HST Harri, she joins the HST Hudson, delivered in May 2018, and the HST Sofia, which was handed over in March this year. A fourth FCS 2710 for High Speed Transfers, to be named HST Euan, is currently nearing completion for delivery in December.The…
Mackay Marine Acquires ChartCo’s Compass Business
Mackay Marine has acquired ChartCo’s Compass Services’ comprehensive magnetic compass business, effective October 9, 2019. This includes personnel, field service kits, compass calibration & repair laboratory, tools & equipment, compass & spare parts inventory, customer contracts, and vendor agencies.Mackay currently provides worldwide compass adjusting, audits, and field service through our 36-certified Magnetic Compass Adjusters at numerous ports along major trading routes.
Offshore Wind: a Freshening Breeze?
July brought news about offshore wind. There was something for everyone: optimism, disappointment, and construction, too.Finally, starting with Dominion Energy’s Coastal Virginia Offshore Wind Project, a joint venture with Danish wind developer Orsted is underway. True, this is a small project – just two wind turbines to be installed 27 miles east of Virginia Beach. But considering all the preceding hurdles, news about Dominion blew in as proverbial, hopeful fresh air.
Simon Mokster Sells PSV Stril Neptun
Norwegian offshore support vessels company Simon Mokster Rederi said that it has sold the 3,000-dwt platform supply vessel (PSV) Stril Neptun to Greek interest for…
E&P Companies Struggle on RoI
International exploration & production (E&P) are struggling to make money from offshore investments made during the latest investment upturn, according to a new…
Boskalis Consortium to Develop French Port
A consortium led by Boskalis Nederland and Bouygues Travaux Publics has won a contract from the Occitanie/Pyrenees-Mediterranee region of France for the expansion…
Naval Group, Fincantieri JV Named NAVIRIS
French shipbuilders Naval Group and Italy's Fincantieri announced the name of the 50/50 joint venture NAVIRIS.The name was presented during the recent Steering…
Russia Presses for Northern Sea Route
Russia is advocating expansion of ports and shipping along the Northern Sea Route (NSR).The existing excellent contacts between Port of Hamburg Marketing and Russian…
