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Container Ship 2013 Capacity to Outpace Demand

Mar 12, 2013

A.P. Moller-Maersk expects container ship capacity to grow 11% this year, outpacing demand, forcing owners to take corrective measures.The industry is likely to scrap more vessels, sail them at even slower speeds and idle more ships in order to balance supply with growth…

Chinese Liftboat Hoists Shell's 'Noble Discoverer'

Mar 12, 2013

'Noble Discoverer', the massive drillship that is an integral part of Royal Dutch Shell's Arctic oil drilling ambitions, is getting a lift to Asia. The drill rig has been loaded onto the cargo deck of another vessel, the 708-foot Chinese-flagged heavy lift ship Xiang Yun Kou…

Kværner Wins GBS Offshore Newfoundland Contract

Mar 12, 2013

Kvaerner Contractors to provide engineering, procurement & construction (EPC) services for the Hebron Project gravity based structure (GBS).ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner…

Navy Divers Check Antarctic Wreck

Mar 12, 2013

Divers from Royal Navy ice patrol ship HMS Protector braved the chilling temperatures to monitor the state of sunken research ship 'MV Bahia Paraiso'.When she ran aground in 1989 the ship spilled 645,000 litres of diesel and caused one of…

Megayacht Back to Feadship for Second Refit

Mar 12, 2013

Feadship has welcomed home the 71.60-m (235-ft) 'Utopia' for a range of maintenance activities and technical upgrades.Originally launched in 2004, this is the second time Utopia has returned to Feadship for a refit, the first being a successful…

Japan Test Production of Frozen Subsea Gas

Mar 12, 2013

Japan to begin the world’s first offshore drilling operation to extract frozen natural gas locked under the seabed.Japan Oil, Gas & Metals National Corp., known as JOGMEC, and the National Institute of Advanced Industrial Science and Technology…

MCA Publish DP Relative Positioning Guidance

Mar 12, 2013

The International Marine Contractors Association (IMCA) has published “Guidance on RADius Relative Positioning System” (IMCA M 224) describing the RADius microwave radar system.The development of dynamic positioning (DP) systems has grown over the past 35 years…

Another Tankship Released by Somali Pirates

Mar 12, 2013

EU Naval Force Flagship ESPS Méndez Núnez assists 'MV Smyrni' after it sails out of the Somali pirate's holding anchorage.MV Smyrni, with a crew of 26, was carrying 135,000 tonnes of crude oil when she was hijacked on 11 May 2012.  After ten…

NYK Change 13,000 Car Carrier Lights

Mar 12, 2013

Car Carriers change to latest energy-saving units: part of sales proceeds to aid Great East Japan Earthquake reconstruction efforts.To make improvements in energy and economic efficiency, NYK has installed E·COOL, a next-generation energy-saving fluorescent lighting system produced by Optrom…

PVA & Coast Guard In Hi-speed Vessel Fire Safety Accord

Mar 12, 2013

The Passenger Vessel Association (PVA) & the U.S. Coast Guard sign policy agreement regarding Coast Guard approval of fire protection for newly constructed high-speed vessels. This agreement is critical to the U.S. shipbuilding industry to…

Maersk Asia/US E.Coast Service to Transit Suez, Not Panama

Mar 12, 2013

Maersk Line, will stop using the Panama Canal to transport goods from Asia to the U.S. East Coast as bigger ships make Suez more profitable.Maersk Line will send through Suez Canal a vessel that can carry as many as 9,000 20-foot boxes at a time…

Great Lakes Shipyard Winter Season Update

Mar 11, 2013

Inland Lakes Management’s laker 'SS Alpena' recently left the Cleveland Ohio shipyard upon completion of winter work projects. The shipyard performed a variety of work on the vessel during its layup period which consisted of basic repairs and other general maintenance items…

US Non-tank Vessel Response Plan Approved

Mar 11, 2013

T&T Salvage remind that the OPA 90 Vessel Response Plan regulatory package has been approved by the Office of Management and Budget (OMB) & offers its services.On March 9th, 2013, the OPA 90 Vessel Response Plan regulatory package outlining requirements for nontank vessels trading in U…

World Ports Conference: Discuss LNG Trends

Mar 11, 2013

IAPH Encourages More Ports’ Involvement to Help Shape Best Industry Practices and Regulations With the global shipping industry showing increased interest in the use of LNG as a fuel for vessels, members of the International Association…

Offshore Floating Production: 40% Growth in Five Years

Mar 11, 2013

IMA has completed an in-depth analysis of the floating production sector – including a forecast of orders for additional floating production systems between 2013 and 2017. Highlighted below are some key findings in Floating Production Systems: assessment of the outlook for FPSOs…

Current News

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Tanker Vessel Futures Fly High on Demand

Los Angeles Receives Funds for Maintenance

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