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03 Oct 2022

AkzoNobel Names Ex-Weatherford Man as Americas Marine Regional Commercial Director

Michael Stulberg is AkzoNobel's new Americas Regional Commercial Director, for marine and protective coatings. - Credit: AkzoNobel (cropped)

Coatings manufacturer AkzoNobel has appointed Michael Stulberg As New Regional Commercial Director For Marine And Protective Coatings Americas.According to the company, Stulberg brings to the role extensive expertise across sales and product management for both US and international markets as a result of 25 years in the oil and gas industry.Most recently Director Of Sales at Weatherford International, he was responsible for business growth, driving top-level profitability, sales…

15 Jun 2021

Grandweld Delivers Four Crewboats for HSM

(Photo: Grandweld Shipyards)

UAE shipbuilder Grandweld Shipyards reports it has delivered four crew boats for Saudi-based offshore oil and gas services provider High Seas Marine Industrial Services Co. (HSM).The newbuilds were handed over within a span of 14 months, despite the numerous challenges of the pandemic. They will be used to support HSM client Saudi Aramco.Grandweld said the newbuild project involved design specifications unlike existing market requirements, leading the shipyard to tackle several design challenges such as the use of a different kind of block…

19 Mar 2021

First-Ever: Sovcomflot’s Gagarin Prospect Tanker in LNG Bunkering Milestone in U.S.

Russian oil and gas shipping giant Sovcomflot said Friday it had on March 15, together with Shell, "broke new ground," with the completion of the "first-ever Aframax tanker fuelling using LNG in the USA."Sovcomflot’s Gagarin Prospect tanker, on long-term charter to Shell, was en-route from Corpus Christi to Europe. It received 1,075 cubic metres of marine LNG from the Shell NA LNG LLC chartered Q-LNG 4000 outside the Port of Canaveral, Florida. "This represented the first ever ship-to-ship LNG fuelling of a large capacity Aframax tanker in the USA…

27 Nov 2019

Masirah Contracts Wings Offshore for FSO

Masirah Oil, an exploration and production company operating Block 50 offshore Oman, has awarded a contract to Wings Offshore for a floating storage and offloading (FSO) vessel, which will be used on a field located offshore Oman.Masirah said it had awarded the FSO contract to Wings Offshore for the Mt Bull Papua, which is an Aframax tanker with a storage capacity of 750,000 barrels.The FSO will be used to store crude oil that will be produced during the early appraisal phase of the Yumna field in Block 50 Oman.Drilling of the Yumna 1 appraisal well is planned to start in December 2019, it said.Masirah Oil holds a 100 per cent interest in Block 50 Oman.

23 May 2019

EnFAIT Tidal Project Claims Success

Enabling Future Arrays in Tidal (EnFAIT), the flagship EU tidal energy project, has reduced the cost of tidal energy by 15 per cent and grown its supply chain from four to 14 EU countries, just 18 months after its launch.EnFAIT is an academic-industry collaboration between nine European partners focused on demonstrating the economic viability of tidal power. The project is also paving the way for a new industrial marine manufacturing sector with a supply chain based across Europe.Consortium lead, Edinburgh-based Nova Innovation Ltd, reports that its Shetland tidal array–the world’s first offshore tidal array–has reduced operational costs by 15 per cent since the start of the project.

21 May 2019

DSD Sells its Green Ferry to PE Consortium

The private Norwegian transport and shipping company Det Stavangerske Dampskibsselskap AS (DSD) has entered into an agreement to sell its ferry- and expressboat company Norled to a  private equity (PE) consortium owned jointly by the Nordic infrastructure fund CapMan Infra and the Canadian company CBRE Caledon Capital Management."In recent years, Norled has made significant improvements in many areas. The company has succeeded in combining good and stable operations with success in tender biddings and record-high financial results," said Ingvald Løyning, chairman of Norled.Ingvald added: "At the same time, Norled has undoubtedly consolidated and strengthened its pioneer role in the green shift in maritime industry: First…

13 May 2019

Geoquip Marine Names Laloe as Director

Switzerland-headquartered  geotechnical engineering and offshore drilling company Geoquip Marine has announced the appointment of industry veteran Jean-Luc Laloe to its Board of Directors.Jean-Luc, who has almost 40 years of experience in the offshore oil and gas industry, has joined as an independent non-Executive Director.Jean-Luc originally entered the Offshore Engineering and Construction industry in 1980 and in the course of his career he has worked with Technip, Stolt Offshore, and Acergy /Subsea 7. He has held a wide variety of positions with a broad portfolio of responsibilities, including CFO and CEO.Jean-Luc becomes the second major board appointment to Geoquip in a matter of weeks and he will work with Arvid Trolle…

25 Apr 2019

CMA CGM Launches eSolutions

Global shipping group CMA CGM has launched CMA CGM eSolutions, a digital system which enables its customers to manage the transport of their goods entirely via a digital interface.The digital eco-system comprising an online agency and other eCommerce channels such as Electronic Data Interchanges (EDI) and Application Programming Interfaces (API), which allow the digital transmission of relevant information and data between CMA CGM and its customers, it said in a press release.A large majority of the CMA CGM Group’s bookings are made via its eCommerce solutions, among which half are made through the Group’s web platform, it said.With CMA CGM eSolutions…

18 Mar 2019

Sovcomflot Updates Fleet Strength

Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) said that Yevgeny Primakov (Icebreaker Ice-15) joined the fleet, the final vessel in a series of four new generation IBSV’s, engaged under a long-term time-charter agreement with Sakhalin Energy.The shipping company added that this makes a total fleet of 10 supply and standby vessels servicing Nogliki Base Camp (SEIC and ENL) at Sakhalin island (Sea of Okhotsk).The world’s first Aframax tanker to use LNG as her primary fuel Gagarin Prospect (114,000 DWT) entered service (July) on long-term time charter to Shell. In last October, Gagarin Prospect completed her first commercial voyage using LNG fuel…

06 Mar 2019

Stepping Up Transparency on Ship Recycling

The first report of the Ship Recycling Transparency Initiative (SRTI)  clearly indicates that there is a growing movement stepping up the pressure on shipowners to disclose their approaches to ship recycling.Since the SRTI online platform went live just over two months ago eight large shipowners – operating a combined total of more than 1,800 vessels – have voluntarily shared data on their company’s ship recycling policies and practice.All disclosing shipowners have a written policy on ship recycling for their own vessels covering issues related to the environment, labour and human rights in accordance with the Hong Kong Convention.“We’re seeing increasing pressure on shipowners from key stakeholders including investors…

02 Jan 2019

Sovcomflot Orders Three LNG-fueled Tankers from Zvezda Shipyard

File Image / AdobeStock / © Burnel11

On December 28, 2018, Sovcomflot (SCF Group) placed an order at Zvezda shipbuilding complex for construction of three new generation product carriers that use cleaner-burning LNG fuel as their primary fuel.Three MR-class vessels will have a deadweight (DWT) of 51,000 tonnes each. They will transport petroleum products and gas condensate and will be chartered to Novatek under long-term time charter agreements. Each tanker will have an ice class of 1B, enabling safe operations in areas with challenging ice conditions, including the Baltic.Using LNG fuel enables to significantly reduce emissions.

26 Jul 2018

Damen Completes Maintenance on Fugro Mercator

Damen Shiprepair Harlingen (DSHL) has completed maintenance and repair works on the Fugro Mercator, a twin-hulled survey vessel operated by Fugro.Fugro Mercator is a 42.35-metre survey vessel deployed in some of the most challenging locations by Fugro for bathymetric and geophysical surveys, cable and pipeline route surveys. The vessel’s visit to DSHL was a scheduled docking for maintenance and repair works.The yard’s planned work sheet included overhauling most of the vessel’s equipment as well as upgrading its accommodation areas. This consisted of work on the main and auxiliary engines, thrusters and winches, and refitting the kitchen and dining areas.During the docking it was decided to upgrade the hull in order to extend the life of the vessel for the time to come.

27 Apr 2018

Schneider Electric Supports UK Shipping and Port Industry

By plugging into the power grid with 100 per cent renewable electricity and turning off their diesel engines, ships at berth in the UK would reduce emissions equivalent to 84,000 to 166,000 diesel buses – or 1.2 million diesel cars representative of the current UK fleet. The pressure is mounting for the UK to align with EU air pollution emission targets, and ships at berth need to cut their fuel consumption and port authorities and terminal operators need to integrate shore power capabilities in a simpler and more efficient way. Schneider Electric supports decarbonisation through its business efforts, this has led to a sponsored study into the emissions from idling ships at berth in UK ports that affects the quality of the air we breathe.

03 Jan 2018

India Okays Revised Concession Pact for Projects at Ports

India's Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved amendments in the Model Concession Agreement (MCA) to make the Port Projects more investor-friendly and make investment climate in the Sector more attractive. The amendments in the MCA envisage constitution of the Society for Affordable Redressal of Disputes - Ports (SAROD-PORTS) as dispute resolution mechanism similar to provision available in Highway Sector. The other salient features of the revised MCA include providing exit route to developers by way of divesting their equity up to 100 per cent after completion of two years from the Commercial Operation Date(COD).

07 Mar 2017

Canadian Fleets, Seaway Invest $160 Mln for 2017 Season

File photo: Thunder Bay Port Authority / Chamber of Marine Commerce

Canadian ship owners and the St. Lawrence Seaway have spent an estimated $160 million on repair and infrastructure projects this winter, boosting the economic fortunes of communities throughout the Great Lakes, the St. Lawrence and east coast, according to the Chamber of Marine Commerce. Canadian ship owners have invested an estimated $70 million to maintain and upgrade their vessels during the winter months — an annual exercise that keeps their vessels in tip-top shape to safely and efficiently deliver goods for North American businesses. The St.

10 Dec 2016

Nautican Brings New Facility, Jobs to Summerside

A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province. The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce a new advanced marine technology presence in Summerside. The Nautican, Babcock, and provincial partnership province will bring a manufacturing facility and 21 new full-time jobs over the next three years – joining the six employees already on staff – to Slemon Park. “I see Prince Edward Island as the best place for this new manufacturing facility given its location, skilled work force and the efforts of the government to establish the province as a hub for marine business,” Elizabeth Reynolds Boyd said.

08 Dec 2016

Nautican Brings New Facility, Jobs to Summerside

Photo courtesy of Nautican

A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province. The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce a new advanced marine technology presence in Summerside. The Nautican, Babcock, and provincial partnership province will bring a manufacturing facility and 21 new full-time jobs over the next three years – joining the six employees already on staff – to Slemon Park.

31 May 2016

Harding Sold to Palfinger

The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group. The seller is the Norwegian private equity fund Herkules. Harding is one of the leading suppliers of lifesaving equipment and lifecycle services for maritime installations and ships. Through this acquisition, PALFINGER will add new products and an international service network to its marine business. The final closing of this acquisition of Harding by PALFINGER is contingent on the approval of the authorities. Both parties have agreed not to disclose the purchase price. Styrk Bekkenes, CEO of Harding, is very enthusiastic about the acquisition. “PALFINGER is a perfect match for Harding.

19 Apr 2016

GulfNav Unveils Expansion Plans

Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19, 2016), its key expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Mr. Khamis Juma Buamim as the new Board Member, Managing Director and Group CEO by the Board of Directors during the event. The move forms part of the company’s intensified strategy to become one of the main industry leaders in the regional maritime and shipping industries. Chairman Abdulla Saeed Abdulla Brook Al Hemeiri, and Mr.

11 Sep 2015

Fully Electrical Ferry Wins Efficiency Award

The first purely battery-driven car and passenger ferry Ampere has won the Ship Efficiency Award in the category Environmental Technology. The award recognizes innovative solutions which have contributed to reducing the environmental impact of shipping operations. The 80 metre long DNV GL classed vessel is one of three ferries operated by the Norwegian shipping company Norled between Lavik and Oppedal and is able to carry 120 cars and 360 passengers. “Ampere is trading in Sognefjord with 100 per cent regularity and consumes 50 per cent less energy compared with a traditional diesel ferry on the same route. It has proven to be a huge success for Norled,” said Claes Skat-Rørdam of award sponsor Hempel on behalf of the judges.

29 Oct 2015

China Shipping Posts Q3 Profits

Hong Kong-listed China Shipping Development (CSD) , part of Chinese state giant China Shipping Group, posted a net profit of 391 million yuan, up 800 per cent compared to the same quarter last year.   Driven by strong tanker performance, CSD had a much better third quarter. Revenue grew 9 per cent to 3.44 billion yuan. For January to September, its net profit surged nearly 500 per cent to 745 million yuan.    CSD said it expects its full year net profit would increase by over 100 per cent year on year, boosted by the increase in freight rates in the oil transportation market and the company’s effort in reining in costs.

16 Nov 2015

Oman Shipping Names Two New Tankers

Oman Shipping Company (OSC) has performed the naming ceremony for two new product and chemical tankers – the Muscat Silver and Rustaq Silver. The ceremony took place at the Hyundai Mipo Dockyard in Ulsan, South Korea. OSC will now take delivery of the Muscat Silver as part of a deal which will see 10 MR tankers delivered to it over the next year. All the vessels will be chartered to Shell International Trading and Shipping Company Ltd for its Project Silver, which consists of 50 new-builds. They will each operate worldwide with 20-strong crews - including a number of Omani officers. The Muscat Silver and Rustaq Silver are both 183 metres in length and 32.2 metres wide, with a depth of 19.1 metres.

27 Nov 2015

Henriksen Unveils Strongest SOLAS Boat Lifting Hook

H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release hook has been developed principally for use with heavy workboats while a smaller hook has received SOLAS certification for 8-tonnes, making it ideal for the deployment of emergency rescue boats and heavy duty rigid inflatable boats. The new Henriksen hooks have been developed to include a pivot mechanism so that they can perform to their full load capacity even when the boat is at an angle to the lifting cable. It has been recognised that in rough sea conditions lateral loads can impose significant strains upon a hook so the specially designed swivel featured in the new models enables them to accept a load from any direction.

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