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Offshore Equipment Hydraulic Maintenance Tip-of-the-Day: Oil Temperature

Oct 23, 2020

Tip #4: Oil Temperature - Assume that 'running hot' is normalDuring warm summer months, with reasonable certainty, high machine temperatures will follow. This is especially true if using air oil heat exchangers. Dismissing this expectation may allow operators to prevent down time…

Digitizing Risk-based Integrity Management of FPSOs

Oct 23, 2020

Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…

Interview: Sam Ruda, Director, Port of NY/NJ

Oct 23, 2020

Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself…

Baltic Index Nudges Up, But Registers Fall for Third Week

Oct 23, 2020

The Baltic Exchange's main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Friday, buoyed by an uptick in demand for capesize and panamax vesselsThe Baltic index rose 14 points, or 1%, to 1,415.However…

New Zealand Announces New Safety Measures for Livestock Shipping

Oct 23, 2020

New Zealand on Friday said it had introduced new requirements for the safe transport of livestock, after a cattle ship capsized in the East China Sea last month, killing almost all its crew and thousands of cows.Only two of the 43 crew members and more than 6…

NYK Acquires Gazocean

Oct 23, 2020

On October 22, NYK signed a sales and purchase agreement with France's Total acquiring all of the company’s shares in the ship management company, Gazocean. Based in Marseille, France, and responsible for the management of six LNG carriers, Gazocean is now a wholly owned subsidiary of NYK…

Royal IHC, Suez Canal Authority Launch CSD Hussein Tantawy

Oct 23, 2020

Today the Suez Canal Authority (SCA) and Royal IHC (IHC) launched cutter suction dredger (CSD) Hussein Tantawy at IHC’s shipyard in The Netherlands.Hussein Tantawy is one of two vessels currently under construction at IHC for SCA. Its sister vessel…

Great Lakes Dredge & Dock Moving Its HQ to Houston

Oct 22, 2020

Great Lakes Dredge & Dock Co. announced Thursday it is moving its corporate headquarters to Houston, positioning the nation’s largest dredging services provider nearer to major regional projects and opportunities. The firm will also open regional offices in Jacksonville…

Port of Little Rock Reports Best Month Since April

Oct 22, 2020

Grappling with slowed business levels caused by the ongoing pandemic, Arkansas' Port of Little Rock reports September was its best month since April of this year.Activity levels at the port's docks increased with 29 barges worked; 21 at the slackwater dock and eight at the river dock…

Tech to Fight Container Fires

Oct 22, 2020

Fire safety has become a major concern in the container shipping industry, in particular, with vessels of 20,000-TEU and more entering the market. A fire in just one container can have catastrophic implications for the whole of the cargo. The…

FMC Grants Temporary Relief Requested by CMA CGM

Oct 21, 2020

The U.S. Federal Maritime Commission voted to grant the temporary relief sought by CMA CGM from certain service contract and tariff filing requirements following last month's cyber attack affecting the carrier's servers.Earlier this month, the…

Zim Opens Direct Shipping Line to UAE

Oct 21, 2020

Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab Emirates (UAE).With its new line, Zim joins a number of international rivals—including MSC, Maersk—to announce they would…

Insurer GCube Strengthens Offshore Wind Team

Oct 21, 2020

GCube, an insurer for renewable energy projects, hired three new underwriters for its offshore wind team, including Joshua Cantwell, formerly of Talbot Underwriting, and Zoe Massie, formerly of Allianz Global.The appointments come alongside a number of new hires in the U…

Port of Rotterdam: Freight Volumes Improve in 3Q after Pandemic Slump

Oct 21, 2020

Freight volumes in the Port of Rotterdam improved in the third quarter after the deep slump caused by the coronavirus pandemic in the first half of the year, Europe's largest sea port said on Wednesday.Throughput of agribulk, iron ore, biomass…

Bandwidth Efficiency will Drive Maritime Digitalization

Oct 21, 2020

Gregory Darling and Applied Satellite Technology (AST) works with shipowners to help them use their bandwidth more efficiently for ship business and crew needs.When Gregory Darling, Group MD, AST, worked in the marine industry in the 1980s with a marine survey company…

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