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CSA Awards Vessel Safety
The U.S. maritime industry publicly recognized the merchant mariners responsible for safe ship operations at the Annual Safety Awards Luncheon held on June 7, 2017. In all, 211 people, representing 53 companies and their subsidiaries attended the annual industry-sponsored event where 1,582 vessels with 10,604 cumulative years of accident free operation were recognized. Since 1958, the Chamber of Shipping…
Autonomous Workboats: The Future is Now
Sea Machines is bringing autonomous self-driving systems to the world of workboats. At an impressive virtual reality demonstration seen late last year and then again at a frigid…
LNG Platform Supports HFO Ban in Arctic
German Maritime LNG Platform signed the Arctic Commitment, joining a diverse group of international companies, organisations, politicians and polar explorers calling…
The Right Boat, Right Away
Metal Shark’s stock boats program shakes up the patrol boat game; here and across the big pond. If the news that Louisiana-based boatbuilder Metal Shark is ramping…
Shipping’s ‘Perfect Storm’ is Brewing -Allianz
Large shipping losses have declined by 50 percent over the past decade, mostly driven by the development of a more robust safety environment by ship owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017. In 2016 there were 85 total shipping losses reported, down 16 percent from 101 a year earlier. The number of shipping incidents declined slightly year-on-year by 4 percent with 2…
Asian Crude Storage Trend Impacts OPEC Cuts
Current markets make it profitable to store oil for future sale; many tankers sitting around Singapore storing oil. A 10-percent decline in oil prices since late…
Mental Health at Sea: A Storm is Brewing
According to the latest statistics, over 25 percent of people will experience a mental health problem at some point in their lives and for those working offshore, this figure is significantly and potentially dangerously higher. What’s more, the problem’s growing. So, what’s causing the rise of mental health problems within our industry and why are seafarers more likely to suffer from these issues than those working on land?
India's Plan to Develop Iranian Port Faces US Headwinds
Western manufacturers are shying away from supplying equipment for an Iranian port that India is developing for fear the United States may reimpose sanctions on Tehran…
US Navy: Bigger is Better, but at What Cost?
The U.S. Navy has a balanced fleet, but it wants to grow bigger and better. Will the budget allow both? Maritime Reporter's March 2017 cover story on the U.S. Navy was all about the numbers. There exists several plans to grow the fleet beyond the current number of 308 ships, the Mitre recommendation of 414 ships, the Center for Strategic and Budgetary Assessment 340-ship proposal, and the Navy’s decision to grow the fleet to 355 ships, and the Trump administration’s 350.
UK, France, US Sign Trilateral Submarine Agreement
Naval leaders from the United Kingdom, France and the United States signed an agreement June 1, designed to increase coordination for anti-submarine warfare activities…
U.S. Natural Gas Prices Tumble as Coal Surges
U.S. natural gas prices have tumbled by more than 10 percent since late May as hedge funds start to liquidate a near-record bullish position accumulated in the expectation…
Submersible, Magnetic Robot Performs Hull Inspections
Canadian company Deep Trekker has launched a new inspection vehicle at Nor-Shipping 2017: the Deep Trekker DT640 Utility Crawler, the first three-wheeled vehicle of its kind. Equipped with an HD camera, magnetic wheels and a multitude of application specific add-ons, the Utility Crawler can perform an array of tasks, making it versatile and easy to deploy at a moment’s notice, the manufacturer said.
New Approaches to Inland Infrastructure Renewal
Economical repairs are being applied to rapidly corroding steel and concrete structures in U.S. ports and inland waterways. The new repair systems – PileMedic & SPiRe – might just be what the doctor ordered. Recent advancements in using Fiber Reinforced Polymer (FRP) for major structural repair and strengthening of submerged marine piles made of concrete or even timber has led to an economical, less invasive infrastructure repair solution for inland port development compared to current systems.
ABS’ Wiernicki Delivers Stevens Commencement Speech
American Bureau of Shipping (ABS) chairman, president and CEO Christopher Wiernicki delivered the commencement speech at Stevens Institute of Technology’s 2017 undergraduate graduation ceremony, where he was also awarded an honorary doctor of engineering degree. Graduate’s family members, friends and other well-wishers gathered at the Meadowlands Expo Center in Secaucus, N.J. on May 24 for the undergraduate commencement ceremony…
Dual-fuel Escort Tug for Østensjø Rederi
The first of three new dual fuel RAstar 4000-DF class extreme escort tugs, the Dux, has been delivered to Østensjø Rederi AS by Spanish shipbuilder Astilleros Gondán S.A. Designed by Robert Allan Ltd., the 40.2 meter vessel is the first of a three boat order from Østensjø for severe weather operations at Statoil's Melkøya LNG Gas terminal at Hammerfest in the extreme north of Norway. These escort tugs will conduct approximately 300 LNG ship escorts annually…
DNV GL Focus on Digitalization at Nor-Shipping
DNV GL held it’s traditional press conference at the Nor-Shipping trade fair today. This year, the event took place on the Vision of the Fjords, a DNV GL-classed carbon fiber hybrid ferry.
Cyber Vigilance at Sea: The New Norm
The risk of cyber attacks on vessels at sea continues to be significant, and it’s not going away any time soon. Each year, it seems, there are more and more reports of hacks that have resulted in loss of critical data, financial loss or problems with IT systems or shipborne systems functionality. Shipowners have been reluctant to share information on actual or attempted breaches for fear of being identified. However, there’s no shortage of examples of cyber attacks on vessels.
Malaysian Navy Boat, Nine Crew Missing
Nine crew members of a Malaysian navy boat are missing after they lost contact with their parent ship while chasing away intruding fishermen, the navy said on Monday.
VLCC Rates to Fall Further in Well-supplied Market
Freight rates for very large crude carriers (VLCCs) are set to slide further next week, falling below tanker break even costs on routes from the Middle East, as too many ships chase too few cargoes, brokers said on Friday. "In today's market Middle East charter rates are around $15,000 a day. Charter rates are still falling, still sliding. I'm not sure where the bottom is," a European supertanker broker said on Friday.
North Korea's New Ferry Service Makes First Trip to Russia
A new ferry line between isolated North Korea and its neighbour Russia docked for the first time at the Russian Pacific port of Vladivostok on Thursday. The ferry's…
