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MSI News
Red Sea Route Diversions Prop Up Tanker Demand
Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight demand for crude and product tankers increase by 5.5% and 4.5% respectively in 2024.In its Q2 2024 report, MSI finds that the market is currently in an unfamiliar equilibrium after two years of extreme volatility. This has been supported by wider stability in oil markets and falling vessel deliveries.Analysis…
Has Container Peak Season Come Early?
A combination of the ongoing Cape of Good Hope diversions, a stronger-than-expected demand rebound and weather delays in major Chinese ports is the most likely explanation for the freight rate rally of the past four weeks, according to MSI.MSI’s HORIZON monthly containerships report points out that the speed and strength of the unexpected rally took shippers in mainlane East Asia to Europe and North America trades by surprise.Similar dynamics were soon seen in second-tier trade lanes as well…
MSI: Dry Bulk Trade Volumes Positive but Prospects Hold Downside Risks
According to Maritime Strategies International, the unwinding of supply chain inefficiencies and rising vessel orders are expected to dampen positive deadweight demand in the dry bulk market.COVID-related supply chain inefficiencies and associated port congestion have almost fully unwound, and while the MSI outlook on the prospects for trade volumes this year is considered positive, growth in actual…
West Africa Market Harbors Positive Potential for MODU Operators
The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices, reformed regulatory frameworks in key markets including Angola and Nigeria and the discovery of major prospects off the Ivory Coast and Namibia.In addition…
BMT and MSI in Joint Alexandroupolis FSRU Terminal Project Award
BMT and Metocean Services International (MSI) have been jointly awarded a contract by Gastrade to deploy an Environmental Monitoring System (EMS) and develop metocean criteria to be utilized for the design of the offshore moored FSRU and the subsea pipeline to shore. The Alexandroupolis FSRU will be located offshore Greece in the northern Aegean Sea in approximately 40m water depth and will connect to shore via a 24km subsea pipeline.
L-S MSI to Exhibit at Cruise Shipping Miami
L-3 Marine Systems International (L-3 MSI) will showcase a range of systems and services for cruise ship operations, including automation, integrated navigation, dynamic positioning, onboard entertainment and drive systems, in Hall C, Stand 1931, at Cruise Shipping Miami, March 16-19. L-3 noted that its highlights will include live demonstrations of the advanced NACOS Platinum series. Also featured…
L-3 MSI Supplies Navigation for the Oasis Class
L-3 Marine Systems International (L-3 MSI) has been awarded a contract to provide its NACOS Platinum navigation system, including an integrated dynamic positioning system, for the third ship in Royal Caribbean International’s (RCI) Oasis class, built by STX France at its shipyard in Saint-Nazaire. The 362-meter-long, 227,700-gross-ton ship, with a capacity of 6,360 passengers and a crew of 2,100, will be among the world’s largest cruise liners…
L-3 MSI to Equip Third Quantum Class Ship
L-3 Marine Systems International (L-3 MSI) announced today that it has been awarded a contract to provide a range of navigation, lighting and communication systems…
L-3 MSI to Supply Electrical Packages to Biogas Ferry
L-3 Marine Systems International (L-3 MSI) announced today that it has been awarded a contract to provide advanced automation, navigation, communications and electrical propulsion facilities for Samsø Færgen, a new 100-meter, double-ended passenger/car ferry built by Remontowa Shipbuilding at its Gdansk shipyard on behalf of Danish proprietor, Samsø Municipality. Initially LNG-fuelled, Samsø Færgen is reportedly expected to become the world’s first ferry to operate on locally supplied biogas.
MSI to Train NOAA Officers
Maritime Simulation Institute to Provide Professional Maritime Training to NOAA Officers; Instruction to Include Critical Simulator Experience in Shiphandling at Institute Headquarters.
Admiral Arun Prakash & D.T. Joseph to Speak at MSI 2008
Informa India announced that Admiral Arun Prakash, Former Chief of the Naval Staff; D.T. Joseph, Former Union Secretary of the Ministry of Shipping; Vice Admiral John C De Silva…
Long Beach Pilots Train at MSI
Captain Tom Jacobsen, President of Jacobsen Pilot Services, Inc., a long-time provider of pilotage for the Port of Long Beach, announced that Long Beach Pilots would…
USS MOMSEN Crew Trains at MSI Newport
Lt. Jeff Brooks, Training Officer of Pre Commissioning Unit MOMSEN, had the PCU Bridge Watch Standers attend USCG-approved Automatic Radar Plotting Aids (ARPA) and Electronic Chart Display Information Systems (ECDIS) courses at MarineSafety International's Newport Simulator Training Complex (MSI-Newport) this past August. Those successfully completing the courses will receive certificates that are recognized by the USCG as applicable to merchant marine licenses and STCW 95 endorsements.
Seaway Marine Transport Trains at MSI Newport
A group of four students from Seaway Marine Transport (SMT) completed an Emergency Shiphandling course on 18 February at MSI Newport. This course examines the theory and practice of ship handling.
St. Lawrence Seaway Pilots Train at MSI
Seven Saint Lawrence Seaway Pilots completed a Bridge Resource Management course on March 24. The course placed emphasis on High Speed Operations and Procedures.
MSI and OSI Will Provide Training To USN
MarineSafety International (MSI), a long-time naval training and research company, and Offshore Systems International Ltd. (TSE: OSI), a marine electronic navigation…
OSI, MSI Join Forces for Navy Training
Offshore Systems International Ltd. and MarineSafety International signed a Memorandum of Agreement to offer ECDIS-N (Electronic Chart Display Instrumentation Systems-Navy) training to the U.S. Navy.
MSI Newport Appoints New Director
Effective February 15th, Captain Fred Bronaugh, USN (Ret.) will become the new director of MSI's Newport, RI Simulator / Training Complex. Captain Bronaugh replaces Captain Frank Julian…
Mariners Learn Get LNG Handling Experience At MSI
Maneuvering trials and Shiphandling training for Guayanilla, Puerto Rico Masters, Pilots and tug Masters were conducted at MarineSafety International's Newport Simulator…
Mariners Get LNG Handling Experience At MSI
Maneuvering trials and Shiphandling training for Guayanilla, Puerto Rico Masters, Pilots and tug Masters were conducted at MarineSafety International's Newport Simulator…
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