US Grants BWTS Extension Due to COVID-19
The U.S. Coast Guard is giving additional time for vessels impacted by the COVID-19 pandemic to comply with regulations requiring ballast water treatment systems (BWTS) to be installed on board.Recognizing the impact of public health policies and the importance of a the continued flow of maritime commerce, the Coast Guard said vessels with BWTS compliance dates before April 1, 2021 will have an extra 12 months to comply.In some instances…
Coronavirus: Cargo Loss Prevention Measures
The pandemic has brought about sudden changes for cargo transportation, impacting shippers and transport companies around the world and potentially increasing the risk environment, particularly for high-value and temperature-sensitive goods. In a new risk bulletin AGCS highlights steps for cargo owners to consider when developing contingency plans.While in most cases initial government directives have established cargo transportation as an essential activity…
Shipbuilding: Good Data Quality Pays Off
Improved data quality offers enormous financial benefits and can even increase work satisfaction, says Dutch shipbuilding software firm Shipbuilder.“Nevertheless, we see that many maritime companies do not work on data quality and that costs a lot of money and time. Some millions of euros (and a lot of man-hours) slip away while problems, caused by poor quality of your project data, are being solved…
An NYK First: Internally Trained Seafarer Promoted to Captain
In its storied 135-year history of NYK, Akihiro Mori now holds a distinguished place in the company, as effective April 1, 2020, Mori becomes the first internally trained seafarer promoted to captain.The story is an important one for the maritime industry as a whole, as the plight of the seafarer and the ongoing quest to find and groom the ‘next generation’ is universally shared in 2020.In fiscal 2006…
COVID-19: DEME Charters Flotel to Pre-Quarantine Offshore Workers
Belgium-based offshore installation and construction company DEME has chartered a hotel ship where it will pre-quarantine its offshore crews ahead of deployment to offshore projects."To ensure safe crew changes on board dredgers and offshore vessels during the COVID-19 pandemic, DEME will charter a hotel ship for pre-quarantining as of this weekend. The ship is moored in Ostend, [Belgium]" DEME said this week.As part of its COVID-19 response measures…
The Numbers Tell the Story of Oil Industry Crisis
Global oil producers and refiners are struggling with a series of unprecedented dislocations as the simultaneous epidemic and volume war between Saudi Arabia and Russia rip through every element of the supply chain.Some idea of the extraordinary speed and scale of the disruptions was evident in the "Weekly Petroleum Status Report" published by the U.S. Energy Information Administration on Wednesday.The United States is the world's largest oil consumer and producer…
Orsted Hopes COVID-19 Will Not Slow Japan's Offshore Wind Projects
Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said. "The pandemic will not influence investment decisions and general confidence in offshore wind, but it could delay the projects' timeline," Matthias Bausenwein, president of Orsted Asia-Pacific, told Reuters in a telephone interview. "We hope that we won't see any major delays," he said.
BW Offshore's FPSO Stuck in New Zealand
FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention.The company was in October 2019 informed by the client Tamarind Taranaki (TTL), a subsidiary of Tamarind Resource, the FPSO contract would not be extended after December 31…
