Prompt Up on Colder Weather in France
European spot power prices rose on Tuesday, on forecasts for colder weather in France and lower wind power production in Germany. German baseload for Wednesday delivery…
An Open Arctic and its Impact on Oil Drilling
William Cho, Head of MatthewsDaniel Weather, a division of the Bureau Veritas Group, explains why improvements in drilling technologies and weather monitoring systems have made offshore shelf drilling operations in the Arctic Circle increasingly attractive to upstream oil and gas companies and their investors. Rising crude oil prices motivate not only technological innovators to explore cheaper alternative energy sources…
Marine Noise Emissions: Is it Your Next Regulatory and Environmental Hurdle?
A different kind of emission in the compliance spotlight – above and below decks. The International Maritime Organization (IMO) Sub-Committee on Ship Design and Equipment during its 2012, 56th session submitted a draft revised code on noise levels onboard ships. The code set out mandatory noise level limits for machinery spaces, control rooms, workshops, cargo blocks and accommodation spaces in an effort to address health and safety issues on board ships, ATB’s and/or tugboats.
Hapag-Lloyd, CSAV Complete Merger
Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s container business activities into Hapag-Lloyd, becoming the fourth-largest liner shipping company in the world. The corresponding contracts for the merger of the two companies were signed back in April in Hamburg. With approval from all the relevant global authorities all condition precedents were fulfilled.
Swede Ship Marine Acquires Sublift Boat Hoists
In 2014 Swede Ship Marine acquired the SUBLIFT boat hoist operation. A new company has been formed called Swede Ship Sublift AB. The first deliveries of boat hoists from the yard at Djupvik on the island of Tjörn, Sweden to customers in Sweden and Norway took place in the autumn 2014. SUBLIFT's origin is the in Sweden well known “Slamkryparen”, the so called “Mudskipper”. It is a design with a unique…
"The Switch" Passes Bench Test
The Switch, a specialist of megawatt-class permanent magnet (PM) machines and frequency converter packages for advanced wind and marine drive trains, has successfully…
First Oil From Jack/St. Malo Project in the Gulf of Mexico
Chevron Corporation (NYSE: CVX) announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo is a key part of Chevron's strong queue of upstream projects and was delivered on time and on budget. The Jack and St. Malo fields are among the largest in the Gulf of Mexico. They were discovered in 2004 and 2003…
Regulators Clear Way for Merger of Hapag-Lloyd and Vapores
Germany's Hapag-Lloyd said on Tuesday it had received the last outstanding regulatory approvals for its planned merger with Chilean shipper Compania SudAmericana de Vapores…
WSS Launches New Cleaning Solutions
Wilhelmsen Ships Service (WSS) has developed a new range of marine cleaning solutions which aim to assist seafarers in meeting standards for safe and hygienic working practices at sea. The Unitor EasyClean Galley and Accommodation range allows shipowners the flexibility to choose the most effective solution for maintaining a clean and healthy onboard environment. Rune Nygaard, Product Marketing Manager…
Unlocking UK's Economic Potential with Port Investments
The Port of Dover is delighted that its scheme to enhance junctions on the A20 in Dover has been highlighted as one of the key investment schemes by the Government in unlocking Britain’s economic potential. Tim Waggott, Chief Executive, Port of Dover, said: “Today’s Government announcement is a clear vote of confidence in how the Port of Dover is investing in the future success of the nation and, according to Transport Secretary…
DNV GL Gas Ready Notation
With the IGF Code practically finalized, the introduction of sulphur limits and burgeoning infrastructure and production capability, LNG as a ship fuel is spreading rapidly through the maritime world. DNV GL’s new GAS READY notation gives owners, who at the new building stage want to prepare their vessel for a potential conversion to LNG operation after delivery, a useful framework for contracting.
Mercuria Expanding with ex-OW Bunker Staff
Swiss trading house Mercuria has moved to become a significant player in the marine fuel market by hiring a team of close to 40 former employees from the once-largest supplier…
Weather Hampers Search for Missing After Korean Trawler Sinks
More than 50 people remain missing a day after a South Korean fishing vessel sank in the Bering Sea off the coast of Russia's far eastern Chukotka region as severe…
MHI Employee Wins Gold at National Skills Competition
An employee of Mitsubishi Heavy Industries, Ltd. (MHI) won the gold medal in the Mechanical Device Control category at the 52nd National Skills Competition held…
Ensco Promotes Lowe to EVP
Ensco plc announced that Carey Lowe has been promoted to Executive Vice President. Lowe will be responsible for overseeing investor relations, public relations, employee communications and branding…
Rolls-Royce Shedding Turbine, Compressor Units
Rolls-Royce confirmed today that it has completed the deal to sell its Energy gas turbine and compressor business to Siemens for a £785 million cash consideration.
COSCO to Build Livestock Carrier
The Board of Directors of COSCO Corporation (Singapore) Limited have informed that COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary…
Angarsk Petrochemical Output Doubles
In November 2014 Angarsk Petrochemical Company produced about 100 thousand tons of winter diesel fuel of environmental class V of the Technical regulations (Euro-5).
EMGS Reports Multi-client Sales
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D…
DongBang & OHT Select OCTOPUS Advisory Solution
Amarcon, an ABB Group company, today announced that the company will deliver OCTOPUS-Onboard vessel advisory solutions to a total of three vessels owned by Norwegian…
