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Monday, November 23, 2020

Business News

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WTO Sees Trade Rebound, But Likely Year-end Slowdown

The World Trade Organization said on Friday global trade in goods had rebounded in the third quarter from COVID-19 lockdowns, but predicted a slowdown at the end of 2020.The WTO said its goods trade barometer had risen to 100.7 points from a record low of 84.5 points in August, driven by a surge in export orders. A reading greater than 100 indicates above-trend growth.“The latest reading indicates a strong rebound in trade in the third quarter as lockdowns were eased, but growth is likely to slow in the fourth quarter as pent-up demand is exhausted and inventory restocking is completed…

Brent Perry, CEO of Sterling PBES is a 40+ year veteran of the marine business, and one of the pioneers in delivering battery solutions to boats and ships at sea.  Photo Courtesy Sterling PBES

Charging Ahead: Brent Perry & his Sterling PBES Team Drive Maritime Battery Tech

Brent Perry, CEO of Sterling PBES is a 40+ year veteran of the marine business, and one of the pioneers in delivering battery solutions to boats and ships at sea. Please give us a by the numbers look at Sterling PBES today?Right now we are sitting in a position where we had anticipated delivering somewhere in the neighborhood of $20-21 million worth of product, which is about 35 megawatt hours. And we’re scheduled to blow past that to almost $40 million. And we’re looking at the following year as a year of over a $100 million…

Photo: ManHin/AdobeStock

Bulk Cargo Logistics and Solving the Commodity Conundrum

The long-established processes and practices associated with bulk commodity shipping present distinct challenges. For cargo owners, they mean a lack of transparency – leading to significant inefficiency and waste. OceanSMART Managing Director Bryan Phillips explains how new technologies that digitize these methods are poised to change the entire industry.The movement of cargoes from source to destination involves so much more than a seller-buyer relationship: there are multiple…

Katy Womersley (Photo: Stream Marine Training)

Womersley Joins Stream Marine Training

Stream Marine Training has boosted its management team as Katy Womersley, former General Manager of Clyde Marine Training, moves over the River Clyde where she takes up the role of Operations Director at Stream Marine Careers.Womersley brings her extensive experience in the maritime industry where, as a former seafarer, she began her career as a deck cadet before qualifying and working in the offshore and short sea trade. Upon moving ashore Katy Womersley was initially responsible for the delivery…

Photo: Wilson Sons

Wilson Sons: Inside Brazil’s Workboat Goliath

Wilson Sons is the largest integrated port and maritime logistics operator in Brazil, operating more than 80 workboats. Marcio Castro, Executive Director Tugboat Division, discusses with Maritime Reporter the size, shape & technical direction of the fleet.Mr. Castro, to start, how did you come to a career in maritime?I graduated in System Engineering at Rio de Janeiro State University (UERJ), I also have an MBA in Business Administration (Coppead/UFRJ). I joined Wilson Sons in 2003…

(Photo: Thunder Bay Port Authority)

US Grain Exports Via the St. Lawrence Seaway Up 10.7%

Slow progress continues for U.S. Great Lakes-Seaway shipping: U.S. grain exports up 10.7%According to the latest figures, Great Lakes-St. Lawrence Seaway shipping recorded improvements in October with U.S. grain and project cargo shipments helping to lift tonnage volumes in an otherwise turbulent season.A total of 27.7 million metric tons of cargo moved through the St. Lawrence Seaway (April 1 to October 31), down 7.9% from 2019.Year-to-date U.S. grain shipments (wheat, soybeans and corn) via the Seaway totaled 1.3 million metric tons, up 10.7%.

Andrea Hermer (Photo: Ports of Indiana)

Ports of Indiana Names Hermer as COO, Hall as General Counsel

Ports of Indiana announced the promotion of Andrea Hermer from general counsel to chief operating officer, along with the addition of James Hall, as the new general counsel. Hall will take over responsibilities for corporate governance, compliance, and legal counsel allowing Hermer to take on her new role and responsibilities as the chief operating officer.Hermer has served successfully as general counsel for the Ports since August 2013. This new position will provide a new platform for Hermer to continue making contributions to the success of the Ports.

(Photo: Fortescue Metals Group)

Fortescue Assessing Green Ammonia Plant in Australia's Tasmania

Fortescue Metals Group said on Tuesday it was assessing prospects to build an ammonia plant in the southern island state of Tasmania, as part of its push to become a major renewable energy producer.The project would include a 250-megawatt hydrogen plant at the Bell Bay Industrial Precinct with green ammonia production capacity of 250,000 tonnes per year for domestic and international export, Fortescue said in a statement.Bell Bay is about 41 km (26 miles) northwest of the city of Launceston.The project is targeted for an investment decision by the Fortescue Board in 2021…

Michels Inks Long-term Lease at Port Milwaukee

Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of 20 years, and, with extensions, could continue for a total of 99 years.The lease signing is the culmination of a process that included a nationwide request-for-proposals along with approvals by the Board of Harbor Commissioners, the Milwaukee Common Council, and Mayor Tom Barrett.“Michels has made it clear the company wants to grow in Milwaukee, and we welcome that,” Mayor Barrett said.

Jonas Tegström (Photo: MJP)

Marine Jet Power Hires Tegström as CEO

Swedish-based waterjet propulsion systems supplier Marine Jet Power (MJP) said it has appointed Jonas Tegström as chief executive officer to succeed interim CEO Claes Rudling, who will resume his position on the board of directors., and parent company Verdane Capital, are pleased to announce the Tegström brings more than 20 years of senior management experience, including strategic development, plan execution and manufacturing expertise. Most recently Tegström served as the CEO of Orio AB…

ABS Chairman, President and CEO Christopher J. Wiernicki (Photo: ABS)

ABS' Wiernicki Says Talent is Key in 'New Normal'

ABS chairman, president and CEO Christopher J. Wiernicki outlined the absolute value of talent in the new normal in a cross-industry lecture on the impact of the COVID-19 pandemic and digitalization.Wiernicki addressed fellow global business executives spanning multiple industries and top-ranked academia as part of George Washington University’s Frank Howard Distinguished Lecture Series.Wiernicki, who holds a Master of Science in Structural Engineering from George Washington University and was elected to the school’s Engineering Hall of Fame…

WindFloat Atlantic  the world's first first semi-submersible floating wind farm, located 20km off the coast of Viana do Castelo, Portugal. Image courtesy EDP Renovables

Virtual Conference to Focus on Transatlantic Marine Renewables

Marine industry experts from Portugal and Canada are staging a special Blue Economy conference to spark transatlantic business growth. WavEC Offshore Renewables is teaming up with the Embassy of Canada to Portugal to host ‘Advancing the Blue Economy through Intercontinental Collaboration’. It runs on December 09 and 10.The two-day online event includes a world-class roster of speakers. They will share knowledge on floating offshore wind, alongside latest advances in wave power…

Alongside the unique Type Approval for the Digi Boiler automated dosing system, Wilhelmsen have also been certified as reportedly the first and only approved service supplier for DNV GL’s BMON+ class notation. Photo: Wilhelmsen

Wilhelmsen Gets DNV GL Type Approval for the Digi Boiler

Alongside the unique Type Approval for the Digi Boiler automated dosing system, Wilhelmsen have also been certified as reportedly the first and only approved service supplier for DNV GL’s BMON+ class notation.“Our system is tried, tested and proven at sea, but we understood that Type Approval was an absolute necessity, and so we initiated this process with DNV GL," said Rune Nygaard, Business Manager Ventures in Wilhelmsen Marine Products’ recently established Open Innovation division.

Credit: Equinor

"Hundreds of Jobs" - Equinor Picks Port of Albany for Offshore Wind Tower Making Facility

Norwegian energy company Equinor has proposed the Port of Albany, in upstate New York, as the first offshore wind tower manufacturing facility in the  U.S."Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor stands ready to transform the port for manufacturing offshore wind towers and transition pieces (TPs), creating up to 350 direct jobs in the region," Equinor said.The Port of Albany extension initiative is part of the bid Equinor submitted…

David Ince, Event Director, Reed Exhibitions

EDITORIAL: See You Online @ Oi Connect!

Oceanology International, the world's largest exhibition and conference for the subsea sector, was originally scheduled for March 2020, subsequently rescheduled to December 2020 due to COVID-19. The organizers last month announced the need to take this iconic event 100% virtual due to the lingering pandemic. Below is the editorial from event director David Ince, as published in the "Oi 50th Anniversary Edition", published by Marine Technology Reporter and included with the November/December 2020 edition.Please register for Oi Connect here: bit.ly/34Klw4CIt’s November…

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Engineering Ethics, Seaworthiness and the Right of Clients to Kill Themselves

I had only been working as a graduate engineer for a few years and was minding my own business working for a yacht designer when my boss asked me to get in touch with a person who was looking for engineering analysis. I called the number and arranged for the person to meet me at the office.A few days later a tall very athletic man walked up the stairs and introduced himself as Ned Gillette. He unfolded a drawing with a design for a rowboat, and said he intended to use it for a row from South America to Antarctica.I was young…

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Op/Ed: Overcoming Obstacles to Maritime's Tech Evolution

The incorporation of information and communications technologies (ICT) is transforming the way the maritime industry is doing business. While the sector is beginning to reap the benefits of integrating smart solutions in its operations, there are barriers that it needs to overcome to ensure that it optimally leverages the adoption of technology.ICT has disrupted the way many sectors do business, and the maritime industry is no exception as advances in technology are increasingly nullifying traditional ways of working.

(Photo: Port of Portland)

Port of Portland Aims to Add Jobs

Oregon's Port of Portland has set out to develop a thriving jobs center.The Port of Portland Commission unanimously approved a Master Development Agreement (MDA) with Specht Development Inc. and Colas Development Group (CDG) to manage land in Gresham for marketing and development services. As part of this MDA, the port is implementing a new framework focused on diversity, equity and inclusion (DEI) by leveraging its real estate assets to create a more equitable and prosperous region.This DEI framework will be implemented at the Gresham Vista Business Park…

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Partners Aim to Help Shipowners Meet Hazardous Materials Regulations

Maritime and offshore specialist IT firm SRO Solutions is launching a new partnership with international inspection agency SGS and maritime digitization specialist NautilusLog to help shipowners meet this year’s Inventory of Hazardous Materials (IHM) deadline, and manage ongoing IHM maintenance.Owners of European-flagged vessels of 500 GT and over have until December 31, 2020 to create an IHM. In order to comply with the new EU-Ship Recycling Regulation, the presence of materials such as leaded paint and asbestos must be noted, along with its location on the ship and the volumes involved.

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Maersk Names Zero Carbon Shipping Center's Management Team

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on Tuesday announced its management team. to join CEO Bo Cerup-Simonsen in building an organization capable of facilitating the transition to a carbon free global shipping industry.Made possible by a DKK 400 million ($63.5 million) donation by the A.P. Møller Foundation, the Center was formed in June by a group of global shipping entities committing themselves to decarbonizing the maritime industry. The Center, which recently revealed its Board of Directors and a location at the heart of the Danish Shipping cluster in Copenhagen…

Oil tanker Elisabeth Knutsen, later relabeled as Knut and one of several misidentified tankers hired by phantom companies to export oil from Venezuela, is seen anchored off Las Palmas, near the Canary Islands, before departing to Venezuela's Jose terminal, operated by state-run PDVSA, Spain September 27, 2020. (© Vin Moore / MarineTraffic.com)

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions

On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million barrels of heavy crude, according to the state oil company’s internal documents.Yet no tanker with that name is registered in major global shipping databases.Muddying the situation further, the unique identifier for the Otoman listed in the documents - a number used by the International Maritime Organization to identify ships - was assigned to another tanker called the Rubyni, according to the databases.The Rubyni was broken up two years ago, they record.

(Photo: Seaspan)

ABS Reaches an IHM Century with Seaspan

Classification society ABS reports it has scheduled its 100th Inventory of Hazardous Materials (IHM) Certification for Seaspan Ship Management, 98% of which are remote surveys.ABS says it is on course to ultimately certify more than 100 vessels for the world's largest containership lessor as part of a huge increase in demand for ABS remote surveys of around 300% since the start of the global COVID-19 pandemic.“COVID-19 has provided the maritime industry with unprecedented challenges. But it has also forced the industry to embrace the opportunities arising from digitization and technology.

DNV GL launched a new chapter to its rules for ship classification: Digital Features. In addition, a new Smart vessel notation (Smart) was introduced. (Image: DNV GL)

New DNV GL Rules Drive Smart Ship Operation and Management

The maritime industry is undergoing a massive shift as vessels transform into sophisticated sensor hubs, generating data and connecting through satellites in an expanding interconnected web. To enable the uptake of these systems and unlock the associated efficiencies, DNV GL is launching a new chapter to its rules for ship classification: Digital Features. The new chapter was launched with three new notations (D-INF, DDV, REW) on October 28 and will enter into force on January 1, 2021.

Thomas Nagbøl Mejlgård (44) has today joined Semco Maritime as Senior Vice President responsible for developing and executing Semco Maritime’s HR strategy.

Semco Maritime Names Mejlgård SVP for People, Safety & Quality

Thomas Nagbøl Mejlgård (44) has today joined Semco Maritime as Senior Vice President responsible for developing and executing Semco Maritime’s HR strategy. He becomes a member of the Group Senior Management Team and will report to CEO Steen Brødbæk.Based on positions as Group Senior Director & Head of HR Commercial & HQ of Salling Group, Head of P&C Business Partnering, Colorado (North America) of Vestas, Senior HR Business Partner of the LEGO group and HR Project Manager of Arla Foods…

SMM Goes Digital: World's Largest Shipbuilding, Ship Tech Expo Scuttles Plans for Hybrid Event

Citing a spike in second-wave COVID-19 infection numbers SMM, where the world meets in Hamburg every two years for the latest updates on shipbuilding and ship machinery technology, has opted to take the event planned for February 2021 digital.SMM 2020 was originally scheduled to be held live in September 2020, initially postponed to early 2021 as a hybrid live and digital event. But in the face of a rampant second wave of COVID-19 infections and the decision by several governments…

Suba Sivandran (Photo: BMT)

Sivandran Named Managing Director of BMT Asia

Suba Sivandran has been appointed the new Head of Asia for BMT based in Singapore, a move that coincides with the organization’s growth initiative in the region launched this month. He will oversee all commercial operations with a focus on driving new business into more complex, emerging markets including defense, offshore renewable energy and marine infrastructure engineering and advisory offerings.With more than a decade of consulting experience throughout Europe and the APAC region…