U.S. Drillers Cut Rigs Again: Baker Hughes
U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row as producers follow through on plans to cut spending on new drilling this year.Drillers cut 3 oil rigs in the week to Oct. 4, bringing the total count down to 710, the lowest since May 2017, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.In the same week a year ago…
Kudlow: Trump "open-minded" about U.S.-China Deal Prospects
White House economic adviser Larry Kudlow said on Friday that the U.S.
Seaspan Names Hargreaves VP, Strategy & Business Development
Seaspan Shipyards, Canada’s non-combat shipbuilding partner for the National Shipbuilding Strategy, is pleased to announce the appointment of David Hargreaves as Vice President, Strategy & Business Development.David brings to Seaspan over 25 years of experience in complex system engineering and a track record of growth-oriented industrial development, building long-lasting customer relationships and establishing strategic partnerships.Leveraging Seapan’s world class modern infrastructure…
ClassNK Releases Remote Survey Guidelines
Classification Society ClassNK has released “Guidelines for Remote Surveys” in preparation for carrying out remote surveys using ICT (Information and Communication Technology). The guidelines outline requirements to apply to remote surveys for some types of occasional surveys, and from now on ClassNK will implement remote surveys that satisfy the requirements.ClassNK has been working on the advancement…
Ship-to-Ship LNG Bunkering Ops Commence in Germany
Another milestone for the establishment of LNG (Liquefied Natural Gas) as marine fuel in Germany has been achieved. Nauticor successfully conducted the first ship-to-ship LNG bunkering operation in a German port. The trailing suction hopper dredger (TSHD) Scheldt River received the low emission fuel from the bunker supply vessel (BSV) Kairos.Today, the world’s largest LNG BSV Kairos conducted the first ship-to-ship bunkering operation in German waters.
Exxon Mobil Bans Tankers Linked to PDVSA Commerce
Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, placing new pressure on the U.S.
VLCC Rates Surge as U.S. Sanctions COSCO
Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12 million on Thursday, shipping sources familiar with the matter said.South Korea's top refiner, SK Energy, tentatively chartered the supertanker Maxim to ship U.S. crude to South Korea in November for a record $10 million earlier in the week but that fixture has since failed, the sources…
Global Tiger Success for Thordon Bearings
Canadian company Thordon Bearings has notched up another success story for a customer in the demanding offshore sector, with a bearing and seal installation in “perfect condition” after over three years of operation.Global Tiger, operated by UAE-based Global Marine Co is a 42m (138ft) crew/supply vessel currently in service in the Middle East. It is one of a pair of all-aluminium crewboats built by Grandweld of Dubai in 2015/2016.
TSGI Wins TxDOT Ferry Service Contract
In 2017, The Shearer Group, Inc. (TSGI) was awarded a five-year Indefinite Deliverable contract with the Texas Department of Transportation (TxDOT). TSGI was tasked to provide the detail design of a double-ended diesel-electric ferry with energy storage capable of carrying construction 495 passengers / 70 cars, providing service from Galveston Island to Bolivar Peninsula. The ferry is currently being built at Gulf Island Shipyard in Jennings, Louisiana.
Golden Boats Lifts Enhances Sea-Drive
In over 20,000 Golden Sea-Drives manufactured, not one has ever failed. While most companies would rest on their laurels with such an impressive statistic, Golden Boat Lifts didn't. Striving to continually improve its products, it enhanced its ultra-reliable drive with more torque and even greater corrosion protection.Made in the USA, the Golden Sea-Drive still utilizes its proven double reduction worm gears so there are no chains to break or belts to slip.
Volvo Penta Powers Swedish Electric-Hybrid Ferry
Volvo Penta gensets are powering the largest electric-hybrid ferry in Sweden. The Tellus ferry operates the 1.8km-wide Gullmarsleden waterway between Uddevalla and Lysekil – one of Sweden’s busy maritime routes. We take a look at the motivations, collaborations, and technology behind this installation.The Tellus ferry was commissioned by the Swedish Transport Administration and built by Baltic Workboats…
Seaspan Shipyards Welcomes MacLeod as VP
Seaspan Shipyards has announced the appointment of Amy MacLeod as the organization’s new Vice President, Corporate Affairs & External Communications. Based in Ottawa, MacLeod will be responsible for developing, managing and maintaining strategic public relations and external communications plans and tactics to support Seaspan Shipyards’ business and marketing objectives.Amy MacLeod a well-known executive and community leader in the Ottawa area…
Baltic Index Ends Seven-day Losing Streak
The Baltic Exchange's main sea freight index inched up on Friday, snapping a seven-day losing streak, helped by a slight uptick in capesize and panamax rates.* The Baltic index, which tracks rates for ships carrying dry bulk commodities, rose 10 points, or 0.6%, to 1,767.* The index extended its weekly losses, falling for the fourth straight week with a decline of 4.8%.* The capesize index was up 8 points, or 0.3%, to 3,021.
AAM launches 77-ft. RV for Duke University
All American Marine, Inc. (AAM) completed construction and launched an aluminum research and survey vessel for Duke University. The Duke University Marine Lab (DUML) is a hydrofoil-assisted catamaran from Teknicraft Design. Measuring 77 x 26.5 ft. the vessel is based on a pair of successful Teknicraft Design vessels AAM built for NOAA.The vessel is powered by twin Tier 3 CAT C18 “D” ACERT engines, rated at 803 bhp/2100 rpm and providing a cruising speed of 24 knots.
