PIL Launches Employee Training Academy
![From left to right: Dr Victor Goh, Dean of the PIL Academy; S.S. Teo, PILâs Executive Chairman; Chee Hong Tat, Singaporeâs Minister for Transport and second Minister for Finance; and Lars Kastrup CEO of PIL. (Photo Credit: Singapore Ministry of Transport)](https://images.marinelink.com/images/maritime/w100h1500/from-left-to-right-dr-150766.jpg)
Pacific International Lines (PIL) has launched its learning and development center of excellence, the PIL Academy, to provide training in maritime and transport logistics for all its employees.The academy aims to strengthen workforce capabilities and future proof careers. It will collaborate with organizations and technology partners to develop a holistic curriculum with accredited courses that willâŠ
Charter Ownersâ Share of Fleet Fallen to Lowest Since 2002
![Source: BIMCO](https://images.marinelink.com/images/maritime/w100h1500/source-bimco-150764.png)
The charter ownersâ container fleet has grown at an average annual rate of 3.2% for the past 12 years and currently stands at 11.7m TEU. The operator ownersâ fleet has however grown faster, so the charter ownersâ fleet now makes up only 40% of total container fleet capacity, down from 50% in 2012,â says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The charter ownersâ share of the container fleetâŠ
Esgian Week 23 Report: Semisub Action in Norway, Australia
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Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog.Shelf Drilling has secured a 15-month award for the 357-ft jackup Shelf Drilling TenaciousâŠ
BOEM Advances Offshore Wind in Central Atlantic
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The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland, and Virginia coasts, including site assessment and site characterization activities such as geophysical, geological, and archaeological surveys.The EA concludedâŠ
New Zealand to Introduce Bill to Reverse Oil and Gas Exploration Ban
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New Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.The bill would end the ban, in place since 2018, on exploration outside onshore Taranaki, an energy-rich region on New Zealand's North Island, Resources Minister Shane Jones said in a statement.The bill will be introduced to parliament before the end of 2024, he said."As well as removing the ban, we are pr
Chinese Fighter Jets Approached Dutch Ship 'Unsafely'
![Source: Netherlands' Defense Ministry](https://images.marinelink.com/images/maritime/w100h1500/source-netherlands-defense-ministry-150760.jpg)
Chinese air force jets circled a Dutch frigate and approached a Dutch helicopter in the East China Sea in a way that "caused a potentially unsafe situation," the Netherlands' Defense Ministry said on Saturday.In a statement, the Ministry said the HNLMS Tromp was patrolling on Friday in support of U.N.
China Says US Provoking Arms Race in South China Sea
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The U.S. poses the largest security challenge in the South China Sea as its military deployment there is turning it into "the whirlpool of an arms race", Chinese Vice Foreign Minister Sun Weidong said in remarks published on Sunday.Recent maritime run-ins between China and the Philippines, a U.S. treaty ally, have made the highly strategic South China Sea a potential flashpoint between Washington and Beijing."At presentâŠ
UK Dismisses Statement by Houthis Saying They Attacked Destroyer
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Britain's defence ministry said on Sunday a statement by Yemen's Houthis that they had fired ballistic missiles at a British destroyer in the Red Sea was false.The Houthis did not say whether the attack they said they had carried out on the HMS Diamond had caused any damage, but described it as "accurate"."These claims are untrue," a British Ministry of Defence (MoD) spokesperson said.The Houthis said they had also attacked two commercial vessels which they identified as the Norderney and Tavvis
Two Vessels Catch Fire After Missile Strikes off Yemen
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Two ships caught on fire after being hit by projectiles off Yemen's Aden, two UK maritime agencies reported on Sunday.The British security firm Ambrey said on Sunday an Antigua- and Barbuda-flagged general cargo ship was struck by a missile 83 nautical miles southeast of Aden and caught fire. The fire was later contained.Earlier, the United Kingdom Maritime Trade Operations (UKMTO) said it had receivedâŠ
Driveline Considerations When âGoing Hybridâ
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As emission reduction mandates sweep through maritime and hybrid solutions become the norm rather than the exception, special consideration must be paid to the drive train. Bob Lennon, with more than 40 years of maritime drivetrain experience, shares insight from Regal Rexnord on special areas to consider to ensure a long, efficient life of the propulsion machinery, cradle to grave.