Maritime Industry Top News
ISA Towage Names New Damen Workboat
ISA Towage BV’s new workboat ISA was officially named at a November 17 ceremony at Damen Shipyards Hardinxveld (DSHa). ISA's godmother was Miranda Mastenbroek, wife of Willem-Harm Mastenbroek, owner and managing director of ISA Towage B.V. The new vessel, a Damen Shoalbuster 3209, is the second purchased by ISA Towage B.V. A smaller vessel, a Shoalbuster 2709 also called ISA, was delivered at the close of 2016, and has now been replaced by the 3209.
Federal Waterways Infrastructure Outlook
On Capitol Hill, October 1 was the first day of 2018, at least for the federal government’s fiscal year. In theory, on 10/1, the federal budget is supposed to be finalized with appropriations – i.e., spending – established for the next year. In practice, of course, it rarely works that way. Budget deliberations frequently last through December. And even on New Year’s Eve, Congress may be forced to vote on a Continuing Resolution to keep the government operating.
Voices: Rich Merhige, President/Owner, AME
AME is a Florida based engineering services company specializing in marine (Advanced Mechanical Enterprises) and industrial (Advanced Maintenance Engineering) predictive, preventative and corrective maintenance for rotating and reciprocating machinery. Founded by Rich Merhige in 1992, AME has pioneered the use of technologies and equipment to perform diagnostics, maintenance and repair, particularly for private and commercial vessels.
Human Element Key to Digital Formula
In all the excitement surrounding the digitalization of shipping it is easy to overlook the human element. Failing to appreciate and understand properly how people – and by extension organizations – interface with new technology can lead to poor implementation and unnecessary exposure to risk. Technology has sometimes been described as an ecosystem. This analogy from the natural world is rather apt in a shipping environment struggling to adapt to digitalization…
China Trims Appetite, but Coal Prices Unfazed
There are indications that China's appetite for imported coal may be starting to ease in line with Beijing's efforts to limit the use of the fuel over winter in a bid to lower air pollution.
Total to supply LNG for CMA CGM's Future Boxships
Total to supply 300,000 T of LNG a year for 10 years. Total will supply liquefied natural gas (LNG) to CMA CGM to fuel the container shipping group's future very large vessels…
Ocean Yield Invests in 3 NAT Suezmaxes Newbuilds
Ocean Yield ASA has agreed to acquire three suezmax crude tankers with 10-year bareboat charters to Nordic American Tankers Limited (NAT). The net purchase price…
Rasmussengruppen Sells Stake in Norden
Oslo based financial investor Rasmussengruppen sold its entire stake which is 4.8 million shares of Danish dry bulk bulker owner Norden. The company's share capital consists of 42…
UAE: First Arab Country to Win Category B Membership of IMO
The United Arab Emirates (UAE) has now become the first Arab country to win Category B membership into the International Maritime Organization (IMO) Council. The…
Saipem Bags New Offshore Contract in Saudi Arabia, West Africa
Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term…
Ship Insurer Britannia Sets Up Subsidiary for EU
Following Britain’s decision to leave the European Union, British ship insurer Britannia plans to set up a subsidiary in Luxembourg, Reuters reported. It is to ensure…
Maersk Oil, Partners Approve USD 3.2bln Tyra Gas Project
Maersk Oil has announced that the Danish Underground Consortium (DUC) has approved an investment of approximately 21bn DKK in the full redevelopment of the Tyra gas field.
DNV GL Launches D-Class
DNV GL has launched a “D-Class” (Data Smart Classification) joint development project to develop an innovative Dynamic positioning (DP) verification approach. In…
SolstadFarstad Wins New Contracts in Australia
SolstadFarstad ASA (SOFF) has been awarded several new contracts for the provision of vessels within Australia. McDermott International Inc. affiliated company,…
Hamburg Süd Remains Hamburg Süd
Hamburg Süd remains a commercially independent brand under new owner – Significantly greater product range through global service network – Own sales force provides…
Rotterdam Port Sets Dues for Three Years
The port dues for the port of Rotterdam have been set for the coming three years. The port dues will rise by 1% per year for the next three years. Over the recent period…
MOL Rolls Out Total Residual Oxidants Instrument
Mitsui O.S.K. Lines (MOL) announced commercialization of the Total Residual Oxidants (TRO) instrument "S.sensing WS," one of the major components of the Ballast Water Management System (BWMS).
Growth in Blue Denmark Through New Regulations
The Danish Parliament (Folketinget) has adopted a number of new initiatives in the maritime area which will, inter alia, make it easier to keep and ensure growth…
India's INS Kadmatt Deployed in Indonesia
India's INS Kadmatt, the indigenously built stealth Anti-Submarine Warfare corvette arrived Belawan, Indonesia on 30 November 17. The 3-day long visit to Indonesia…
Diana Containerships TC with Wan Hai Lines
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) for one…