The 157th Annual Meeting Hears How Safety Leadership is Driving Sustainability in Maritime. ABS held its 157th Annual Meeting on Tuesday, detailing the organization’s performance and future focus to its members. “In 2018, we delivered solid…
Piracy and Armed Robbery against Ships in Asia 1st Quarter Report January to March 2019Overall SituationA total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia…
Maersk Supply Service (MSS) announced it will equip its vessels to use data to optimize operations and save fuel in real time.The offshore services company said on Friday it signed a contract earlier this month with Eniram, a Wärtsilä company…
US exports of crude oil have, since August 2018, continued to rise every month, with a new record high in January of 9.6 million tonnes. Exports rose in January on the back of increased sales to Europe, which rose from 2.7 million tonnes in December to 4…
Survitec unveiled a new emergency descent system in Bilbao, Spain. Evacuator, dubbed by the company as the world’s first fire-proof emergency descent system, is designed to evacuate people in time-critical emergency situations at altitudes of 6m to 300m…
DNV GL presented ShipInox with an Approval in Principle (AiP) for its new small-scale LNG carrier/bunker vessel design, reportedly the first ever class-approved design based on an offshore supply vessel (OSV). With a length of 92 meters the ship will have a carrying capacity of 6…
Sameer Kalra has passed the helm of pumping system manufacturer Framo over to new CEO Martijn Bergink.Bergink will be based in Bergen, Norway. Formerly President of Business Unit Boiler and Gas System at Alfa Laval, he has held various positions within Alfa Laval since 1998…
Launching this week in partnership with Airbus, Wilhelmsen’s shore-to-ship Singapore pilot project, marks the first deployment of drone technology in real-time port conditions, delivering a variety of small, time-critical items to working vessels at anchorage…
With the market looks upbeat, Luxembourg-based subsea services vessel owner Subsea 7 announced a share buy-back programme.'Reflecting Subsea 7’s strong financial and liquidity position and improving market outlook as well as a rebalancing of cash returns to favour share repurchases…
California-based provider of naval management software and ship design Herbert-ABS Software Solutions LLC today announced the launch of its HECSTAB Offshore Stability Evaluation Software.Designed with a versatile user interface featuring improved 3D and 2D viewports…
Maersk Maker, the sixth and last of a series of six anchor handlers for Maersk Supply Service A/S, was delivered from Norwegian shipyard Kleven on Thursday.Built for operation in deepsea depths, the M-series vessel Maersk Maker had a naming ceremony at Kleven yard…
Royal Boskalis Westminster N.V. (Boskalis) has signed an agreement with SAAM S.A. (SAAM) relating to the sale and purchase of the equity stake held by Boskalis in SAAM SMIT Towage. Under the terms of the agreement, the total (100%) enterprise value of SAAM SMIT Towage is valued at $560 million…
London Offshore Consultants (LOC) Group announced the appointment of Nikos Benetis as Group Director of Hull & Machinery and Due Diligence Services.Nikos has been with LOC since 2017, previously in the role of Director of Financial Institution Advisory Services…
The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday…
Bureau Veritas has appointed Matthieu de Tugny as Executive Vice-President, Bureau Veritas Group to lead the Marine & Offshore Division (M&O).He will be a member of the Bureau Veritas Group Executive Committee reporting to Didier Michaud-Daniel…