Marine Equipment News

 

DeepOcean Secures BG Group IMR Deal

Jun 17, 2015

DeepOcean has secured a contract with BG Group for inspection, maintenance and repair (IMR) work on the British operator’s subsea assets off the UK and Norway. The Norwegian contractor will use vessels from its North Sea-based fleet to carry out work under the five-year deal…

ECT Delta Terminal Receives Three Mega-Ship Cranes

Jun 17, 2015

After a voyage of more than two months, yet another three new giant  super post panamax ship-to-shore cranes from Shanghai arrived at the ECT Delta Terminal at the Maasvlakte, in Rotterdam. The remotely-operated cranes have a lifting height…

Curtiss-Wright Wins $480m Deal for Navy Subs

Jun 17, 2015

Charlotte-based manufacturer Curtiss-Wright Corp. has won a series of contracts valued at $480 million to supply parts for the U.S. Navy’s Virginia-Class nuclear submarines. The Navy’s Block IV Virginia Class Submarine Program covers 10 submarines…

IMO Adopts Gas and Low-flashpoint Fuels Code

Jun 16, 2015

The new mandatory code for ships fuelled by gases or other low-flashpoint fuels was adopted by IMO's Maritime Safety Committee (MSC), when it met at the Organization's London headquarters for its 95th session from June 3-12, 2015. The Committee…

U.S. Energy Security: Maritime Infrastructure Investment is a Key, says Moniz

Jun 16, 2015

The maritime industry was front and center yesterday in Washington, D.C., as “getting more oil on the water” was touted as one piece of the puzzle in ensuring future U.S. energy security, said U.S. Secretary of Energy Ernest Moniz. Sec. Moniz spoke yesterday at the U…

WWI U-Boat Propeller Returned to German Navy

Jun 16, 2015

A brass propeller from the first U-Boat to be sunk a century ago has been given back to the country it belongs to, the U.K. Maritime and Coastguard Agency (MCA) reported. The propeller from the German World War I submarine U-8 was handed…

Oz, NZ ships Seize $700 mi in Narcotics

Jun 16, 2015

Maritime security operations by Australian and New Zealand frigates operating in the Middle East region during the past six weeks have seized almost a tonne of narcotics worth an estimated street value of $711 million. Royal Australian Navy Guided Missile Frigate…

DNV GL's P&A Guideline Could Save O&G $ 32 bln

Jun 16, 2015

The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years…

IMO Adopts Regulations for Ships Using LNG

Jun 16, 2015

United Nations' International Maritime Organization (IMO) adopted globally binding regulations for ships using liquefied natural gas (LNG) as fuel.The IMO has just adopted a new international code of safety for ships using gases or other low-flashpoint fuels – the so-called IGF Code…

Cargotec Bags Daewoo's Deck Machinery Order

Jun 16, 2015

MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery…

StingRay: Adapting to the Market

Jun 15, 2015

There is no question that these are challenging times for offshore oil in the Gulf of Mexico. However, while some vessel operators are tying up boats, Bordelon Marine is continuing with its aggressive build program. Designed for flexibility…

Sparrows Appoints Bertone to Oversee Americas Growth

Jun 15, 2015

The Sparrows Group has boosted its senior management team with the appointment of a director to head up its operations across the Americas.Steve Bertone joins the Sparrows Group, after 33 years with McDermott International.In his new role…

Carnival Orders Two Ships from Meyer Turku

Jun 15, 2015

Carnival Corporation & plc, Meyer Werft and Meyer Turku today announced a multi-billion Euro contract for four 180,000 gross ton large next-generation cruise ships.  The ships will feature a revolutionary “green cruising” design and will…

Shipping Faced with a Positive, Yet Complex, Changing macroeconomics landscape

Jun 15, 2015

The global macroeconomic scene has become more volatile, with prominent factors such as oil prices and global currencies causing a commotion. This is resulting in large-scale distributional changes of wealth and income that will impact global trade patterns in the long run if these changes stick…

G6 Alliance Enhances Asia/North America Service

Jun 15, 2015

In response to market demand, members of the G6 Alliance today announced service enhancements in the Asia – North America (Pacific Southwest) trade.Service EnhancementsCentral China 2 (CC2) Service – Additional Pusan callThe CC2 service will be upgraded to include a permanent Pusan call…

Logistics News

US Begins Importing Iraqi Oil Through Syria

US Begins Importing Iraqi Oil Through Syria

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Port of Bilbao Sees Largest YoY Growth Since 2004

Port of Bilbao Sees Largest YoY Growth Since 2004

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