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BIMCO: Dry Bulk Recovery Will be a Multi-Year Effort
In an exclusive interview with “Akti Miaouli” newspaper, BIMCO Chief Shipping Analyst, Peter Sand, provides insight into the markets for dry bulkers, tankers and…
Wind-powered Oil Recovery Project Green-lighted
The DNV GL-led WIN WIN Joint Industry Project (JIP), which melds offshore wind with offshore oil and gas, shows that for suitable fields,finds that wind-powered water injection is technically feasible, capable of meeting performance targets and offers a cost-competitive alternative to conventional water injection solutions. For the past year, participants from both the renewable and oil and gas industries…
Gulf of Guinea Piracy a ‘Deep Concern’ -UN Security Council
The United Nations Security Council on Monday expressed its deep concern over piracy and armed robbery at sea in the Gulf of Guinea, and stressed the importance…
Whale-watching Catamaran Repowered by Volvo Penta
When it came time to replace the old engines in his whale-watching vessel, Capt. Joe Nazar chose Volvo Penta and has enjoyed the benefits of improved fuel efficiency, lower emissions, reduced noise levels and better performance ever since. Nazar’s 64-ft. catamaran, Kitty Kat, was retrofitted with a pair of Volvo Penta D11 625 diesel engines in April, replacing the existing 12-liter Tier 2 engines.
FMC's Doyle Acknowledges Progress on Container Weight Rules
U.S. Federal Maritime Commissioner William P. “OCEMA's statement on container weighing this evening is welcome news,” Doyle said. “The ocean carriers, marine terminal operators and shippers must work together to find common sense solutions. “While OCEMA's announcement is certainly a step in the right direction, we still need to address an important liability issue for the shippers. The shippers do not own, maintain and/or control ocean shipping containers,” Doyle continued.
France to Help Libya with Naval Security
France has expressed its willingness to help Libya’s new unity government with maritime security as the fledgling administration seeks to assert its authority over the chaos-wracked country…
Japan, Korea Welcome Methanol-fueled Tankers
Starting on April 18, Waterfront Shipping Company Ltd. (WFS), Marinvest/Skagerack Invest (Marinvest), Westfal-Larsen Management (WL), and Mitsui O.S.K. Lines, Ltd. (MOL) attended the traditional ship naming ceremonies and took delivery of the first Korean and Japanese built methanol-fueled ocean tankers, the Lindanger, Mari Jone and Taranaki Sun. Hyundai Mipo Dockyard hosted the Korean ship naming ceremony, while Minaminippon Shipbuilding Co., Ltd.
Waterways Are the Greenest Way to Go
In celebration of Earth Day 2016, The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) released a fact sheet highlighting the many environmental and energy efficiency benefits of our nation’s waterways. Among them, Did You Know... Barge transportation of commodities on our nation’s waterways is the greenest way to move bulk freight. In 2014, 604 million tons of cargo valued at $232…
Merkel Visit aims to Soothe EU Migrant Tensions
German Chancellor Angela Merkel will use a visit to Turkey this weekend to try to soothe tensions over a deal meant to stem the flow of migrants to Europe as questions…
P&I Club Warns: Failure to Comply with SOLAS Amendment
The SOLAS amendment coming into force on 1st July 2016 requires, as a condition for loading a packed container onto a ship for export, that the container has a verified gross mass (‘VGM’).
SSA Showcases OSV Sector with OSV@Vivo 'Open House'
OSV@Vivo has been taken to the heart of the Singapore public with an anticipated 4,000 visitors, expected to throng the two state-of-the-art Offshore Support Vessels…
Crowley Scholarship for Three Texas A&M Students
Crowley Maritime Corporation’s 2016 Thomas B. Crowley Sr. Memorial Scholarships are helping to further educational opportunities for three students of Texas A&M University…
JonRie Debuts Container Master Winches
JonRie Marine Winches has introduced its new Container Master Series of winches, featured on the new Crescent 92-foot ASD Mardi Gras. The new winch was designed with increased braking capability and rope capacity to handle the 8,000 TEU containerships calling on the Port of New Orleans, the manufacturer said. The Container Master Series is a heavy duty design to deal with increased loading due to increased sail area of today’s containerships.
Anticipating Market Change Crucial for Industry - Braemar
Being in a position to accurately anticipate change in the shipping markets is becoming ever more crucial for maritime service providers, as owning principals demand…
Explosion Aboard Tanker Kills One
An explosion aboard a Korean-registered vessel Heung-A Pioneer killed one person and injured five others during its voyage down the the Tanjung Dawai coast, Malacca Strait…
Cheap Oil Slows Move to LNG as Bunker Fuel
Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of energy to power ships, and it will be a few more years yet before the fuel…
Search Resumes for El Faro Data Recorder
The National Transportation Safety Board is set to resume its search April 18, 2016, for the vessel data recorder of the sunken El Faro cargo ship. The U.S. flagged…
Italians Go to polls for Drilling Referendum
Italy went to the polls on Sunday for a referendum on off-shore oil and gas drilling rights, a complex issue that the government hopes voters will shun. For the ballot to be valid…
Bets Are off for Stranded Hong Kong Casino Ship and Forlorn Crew
Captain Valerie Lyzhyn and his 45 crew are stranded in Hong Kong, big losers in a gambling slump triggered by a Chinese crackdown on corruption that has scared off the high-rollers.
NOIA’s Luthi Comments on Final Well Control Rule
In light of the Final Well Control Rule released today, National Ocean Industries Association (NOIA) president Randall Luthi issued a statement voicing both gratification and concern with the new regulation and its implementation. “The good news for industry today is that we are now learning what is actually in the final well control rule. We are gratified that some industry concerns were addressed.