Klaveness Expands Data Platform Contract with DNV GL
Following a three-vessel pilot project initiated in 2019, Klaveness Ship Management has opted to expand its contract with DNV GL's Veracity to sign up another eight vessels for the data platform service.The pilot saw Veracity partner with Arundo Analytics (Arundo) to install Arundo Edge Agent software onboard and stream data onto the Veracity data platform. On Veracity, the data is secured, stored, contextualized and combined with other data sources such as position data.
EU Antitrust Regulators Pause Hyundai, Daewoo Deal Probe
EU antitrust regulators have halted their investigation into world No.
Carnival Pays High Price to Get Credit Investors on Board
Carnival Corp, the world’s largest cruise operator, said it has raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic.Despite having its cruise ships idled to comply with coronavirus travel restrictions, the company was able to attract enough investors that its capital raising was oversubscribed several times over…
Hornbeck Offshore to File Chapter 11
U.S.-based offshore vessel owner Hornbeck Offshore Services announced it will file chapter 11 after defaulting on payment obligations.The New York-listed company said in an SEC filing that it has reached an agreement with lenders and holders of the company’s unsecured 5.875% and 5% senior notes pursuant to which the creditors have agreed to forbear, until April 20, from exercising certain of their…
While Oil Prices Plummets, Tanker Rates Fly High
If one ever needed proof that, no matter how dire the situation, there is always a silver lining, look no further than the crude tanker market, which has seen it day rates skyrocket in the face of a global pandemic that has effectively ground world commerce to a crawl.As is the case with other gravity defying business phenomena, geopolitics is a central factor, in this case a battle between Russia…
Long-Term Charter with Total for Havila PSV
Norwegian offshore vessel owner Havila Shipping has secured a long-term contract for its platform supply vessel Havila Commander.Havila Shipping said Thursday that the contract was with Total E&P UK, the UK subsidiary of the French oil major Total.The new contract for the 2010-built platform supply vessel is for a firm period of 18 months. The contract will begin in mid-April 2020 in direct continuation…
Covid-19: Boskalis Stops Crew Changes, Cuts Spending
Dutch offshore transportation and dredging giant Boskalis has halted crew changes and will slash spending this year due to the COVID-19 virus crisis, it said on Thursday.The company said that, while its workers work from home where possible, this is not an option for staff working on international projects and vessels."Therefore, as a consequence of global travel restrictions and to ensure the business continuity and health of our colleagues…
Vard Scores Fishing Vessel Contract
Norwegian shipbuilder Vard announced it has secured a NOK 500 million $47.8 million) contract to design and build a stern trawler for fishing company P/F Akraberg, a subsidiary of Framherji in the Faroe Islands.Erik Haakonsholm, Vard's General Manager of Offshore and Specialized vessels, said, “The new contract is a bright spot for Vard, our employees and suppliers, and shows that it is possible to…
Remote Surveys Becoming Business as Usual
Remote vessel and equipment surveys have been available in the maritime world for years, but classification societies are seeing increased demand for these services as more firms turn to digital solutions to continue business during the coronavirus outbreak.Using real-time video communication tools, and even drones and robotics when applicable, surveyors are able to work with stakeholders to perform inspections without having to be on site…
Greensea’s New Ship Hull Crawler Tech Launches with VideoRay Defender ROV
Greensea introduces a new hull crawler that easily attaches a Remotely Operated Vehicle (ROV) to a ship hull without magnetics, allowing the operator to “drive” the ROV and payloads over the hull. Initial hull crawlers are designed to work exclusively with the VideoRay Mission Specialist Defender ROV. The hull crawler represents a milestone in Greensea’s hull robotics program, which is advancing navigation…
RNLI Selects Shock Mitigating Seats for Refit Project
The Royal National Lifeboat Institution (RNLI) has selected SHOXS suspension systems to refit and upgrade the charity’s Severn class lifeboats.Introduced to the RNLI in 1995, the 17-meter Severn class lifeboats are the largest lifeboats in the RNLI fleet and are designed to handle the toughest weather. The RNLI has chosen SHOXS 4800 variant seats for the coxswain, helm, mechanic, navigators, doctor…
Vitol Marine Fuels Acquires Sinanju Tanker Holdings
Vitol Marine Fuels Pte Ltd, a subsidiary of the Vitol Group, has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings.The Singapore Bunkering license holding entity has been renamed Vitol Bunkers (S) Pte Ltd and from 1st April 2020 all bunker deliveries will be carried out by Vitol Bunkers (S) Pte Ltd.Through the transaction, Vitol has acquired an expert bunker tanker manager and operator with extensive experience of physical bunker supplies in the port of Singapore…
Cruise Passengers Await Florida Deal Allowing Them to Disembark
The U.S. government and Florida were working on a plan on Wednesday to allow thousands of cruise ship passengers exposed to an onboard coronavirus outbreak to disembark, a day after President Donald Trump urged the governor to drop his opposition to their docking.Fort Lauderdale Mayor Dean Trantalis said he was not opposed to them docking in his city. But he said a clear protocol was needed to protect residents of his South Florida city from infection.“There can be no missteps in this process…
Workers From a BP Gulf of Mexico Platform Test Positive for COVID-19
Several workers on a BP Plc oil platform in the U.S. Gulf of Mexico have tested positive for coronavirus, the company said on Wednesday, a day after a worker at BP's operations in Alaska also tested positive.The cases are the first recorded among oil workers in the Gulf of Mexico and Alaska, and follow a positive test at an Equinor offshore project in the North Sea.A case of the coronavirus was also reported at BP's Whiting…
Underwater Bow Thruster Removal in Rotterdam
Last month a Hydrex team removed a bow thruster from a 170-meter container ship. This was done during a stop in Rotterdam. The unit needed to be overhauled and the operation had to be carried out within a very short window that would fit the schedule available to the vessel’s owner.The team mobilized to the ship’s location using a workboat loaded with all the needed equipment. These workboats are fully equipped as dive support stations with hydraulic cranes…
TFG Marine Names New CEO
Trafigura's marine fuels joint venture TFG Marine said on Wednesday that Anders Gronborg had been appointed as its chief executive to oversee expansion efforts.Gronborg…
Oil Storage at Sea Approaching Record Levels
Oil traders are storing as much as 80 million barrels of oil on tankers at sea, with further ships being sought as land storage sites fill up fast due to a global glut of stocks, shipping industry sources say.Traders rushed for storage after global oil demand collapsed by a third due to the coronavirus outbreak, and as top producers Saudi Arabia and Russia have refused to curb output so far, creating…
BIO SEA BWTS Approved by USCG and IMO
BIO-UV Group has received IMO & USCG type approval for its next generation low flow rate ballast water treatment system range.The BIO-SEA L Easy-to-Fit system had to undergo new type approval testing as it incorporates a completely new UV-reactor, designed to meet market demand from the luxury yacht, expedition cruise and offshore vessel segments, where ballast water pump flow rate capacities are often under 100m3/h.Benoît Gillmann…
ChartWorld Acquires Maritime Services
ChartWorld announced the acquisition of Maritime Services Ltd. in Vancouver as the latest addition to the maritime digital navigation group.Steven van de Schootbrugge, ChartWorld’s CEO, commented, “We have seen double-digit growth in the North American region in recent years due to our navigation solutions that cover everything from hardware as a service, SAAS, electronic charts, support and service.
US Shipyards Forge Ahead Through COVID-19
As the novel coronavirus and its impacts continue to spread across America, U.S. shipbuilders, by and large, continue to build. While most yards have been deemed essential to marine transportation and/or national security and have been able to maintain operations, the situation at and around every shipyard is different, and there are several builders across the country that have had to temporarily suspend activity.