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Classification

Insurance

Oil & Gas

  • Cummins marine segment benefits from oil-price surge

    The surge in the oil price has helped Cummins’ marine segment, especially in the Middle East, where its clients are contractors and service providers to major players like Abu Dhabi National Oil Company (ADNOC), Saudi Aramco, etc.

     

  • Poland: Pipelaying Works Set to Start at Baltic Pipe Project

    Polish gas transmission system firm Gaz-System said Thursday that preparations were underway for the pipelaying work to being on the Baltic Pipe project, designed to ship gas through a Baltic Sea pipeline from the Norwegian part of the North Sea to Denmark and Poland.

     

  • Gulf Marine Services bags MENA deal for K-class jack-up

    Gulf Marine Services (GMS), a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, has won a 9-month contract for a K-Class jack-up unit in the MENA region.

     

  • Baker Hughes to deliver subsea equipment for Petrobras...

    Oilfield services company Baker Hughes has won a subsea oilfield equipment contract with the Brazilian oil company Petrobras as part of the Marlim and Voador field revitalization plan in the Campos Basin, offshore Brazil. 

     

  • Equinor, Partners Sanction Barents Sea Field Development

    Norwegian oil firm Equinor has, with its partners, decided to develop the Askeladd Vest field, located in the southern Barents Sea, off Norway. The investment is close to NOK 3.2 billion (~$385 million).

     

  • Brazil’s Petrobras will bid for Atapu and Sepia oil fields

    Brazil’s Petroleo Brasileiro SA PETR4.SA will exercise its rights of first refusal and bid for the deepwater oil fields Sepia and Atapu, the company said in a filing.

     

Ports

Finance

Shipping

  • Canadian Government to Build Two Large Polar...

    As the next phase of its National Shipbuilding Strategy, the Government of Canada announced plans to move forward with the construction of two Polar icebreakers. Citing the growth in commercial shipping, the serious impacts of climate change, and increased maritime activity in the arctic, the government said it is critical for Canada’s protection and security to proceed with the project. As part of the broader strategy, they also promoted that it will provide employment and ensure the strength of Canada’s shipbuilding industry.

     

  • CDC Issues Final Guidance to Restart U.S. Cruises

    As part of the general effort to re-open America and provide updated guidance reflecting the evolution of the pandemic, the U.S. Centers for Disease Control and Prevention (CDC) has issued its final two stages of guidance on the steps required to restart cruises from U.S. ports. In a long and detailed process, the CDC mapped out stricter restrictions than are being placed on onshore businesses, but it provided a clear path for cruises to resume from U.S. ports as early as July 2021.

     

  • Asian Shipbuilding subsidies put German Shipyards...

    German shipbuilding association VSM is warning of the risk of an "irreversible loss" of skill in the country's powerhouse marine equipment and shipyard sectors due to distortions in international competition. Without government intervention at the national and EU level, warned VSM, Germany's yards run the risk of significant decline over the next decade.

     

  • Two large cruise ships return to service in the...

    As the first step to restring cruise operations for the summer of 2021 in the Mediterranean, two large ships returned to service on May 1 sailing from Italy. Carnival Corporation’s Costa Cruises returned to service for the first time in 2021, while MSC Cruises started sailing a second large cruise ship. 

     

  • CDC says U.S. Cruises should sail by summer

    After weeks of criticism, the U.S. Centers for Disease Control and Prevention (CDC) issued a letter to the cruise industry on April 28 reiterating its commitment for the resumption of cruises from U.S. ports by mid-summer. The four-page letter responds to many of the issues raised by the cruise lines and for the first time provided detailed guidance as well as a new alternative to speed the resumption of U.S.-based cruises. Industry executives responded positively while cautioning that they were still reviewing the details.

     

Legal & Regulations

  • House of Commons passes Bill C-29 – Full resumption of operations at the Port...

    Operations at the Port of Montreal will regain their needed stability gradually over the next few hours, following passage by the House of Commons of an Act to provide for the resumption and continuation of operations at the Port of Montreal. This decision means that the operational and commercial uncertainty related to labour relations between the dockworkers’ union CUPE Local 375 and the Maritime Employers Association (MEA) is now over.

     

  • UAE ratifies 1996 Protocol to LLMC 1976

    By Mazin El Amin, Senior Associate, Ince

     

    On 10 October 1957, the International Convention relating to the Limitation of the Liability of Owners of Sea-Going Ships was signed in Brussels (the “Brussels Convention”). On 19 November 1976, the Limitation of Liability for Maritime Claims Convention 1976 (the “LLMC”) was signed in London, addressing some of the pitfalls in the Brussels Convention. The LLMC continues to be the “base” Convention regulating shipowners’ ability to limit liability in certain circumstances. 

  • Greek diver recovers cocaine smuggled in ship’s hull

    Illustrating the depths to which drug smugglers are going in their attempts to move their illicit cargo, the Hellenic Coast Guard released video of a drug seizure this week hidden underwater behind the grate on a water intake in a bulk carrier’s hull. The vessel’s management company is reporting that it is a victim in the case with its ship turned into an unknown carrier.

     

Environment

  • Rotterdam and German steel companies explore Hydrogen infrastructure

    Two of Germany’s leading steel manufacturers are joining with the Port of Rotterdam to jointly investigate developing an international supply chain for hydrogen passing through the port as a replacement for the coal currently used in their manufacturing operations. The companies recognize that vast imports of hydrogen would be required if Europe and Germany want to reduce CO2 emissions by replacing current fuel sources and become climate-neutral by 2050 while maintaining its strong industrial backbone. 

     

  • Large LNG-powered RoPax fast ferry enters service from Spain

    One of only a few large, fast passenger ferries fueled by natural gas is due to enter service tomorrow sailing between Spain and the Balearic Islands. In addition to being an LNG-fueled vessel, Balearia’s new vessel, the Eleanor Roosevelt, expands the company’s capacity and becomes the longest fast ferry. It is also the first LNG-fueled fast ferry with reciprocating engines.

     

  • Wärtsilä to introduce engine plus emissions abatement package to meet Chinese marine engine emission standard

    The technology group Wärtsilä will introduce a combined engine plus selective catalytic reduction (SCR) packaged product aimed at complying with China’s Stage II marine engine emission standard that enters into force in July 2021. The standard will apply to inland waterway, coastal, river-sea, channel and fishing vessels operating in most rivers and around the country’s major harbour areas.

     

Education

  • Consolidating courses for user friendly, secure...

    Over the past 12 months, here at Ocean Technologies Group we have been reviewing and consolidating all of Videotel’s and Seagull’s certified eLearning courses into the new Ocean Learning Library. 54 of our most popular have been consolidated with each course designed, as ever, to make seafarers safer and better at what they do. These courses can be taken through a company subscription, via the Ocean Learning Platform, or Pay-As-You-Go from our website.

     

  • AASTS organized virtual orientation sessions to...

    The Arab Academy for Science, Technology and Maritime Transport branch in Sharjah (AASTS), recently organized virtual orientation sessions under the initiative titled “Connecting maritime professionals with leaders of tomorrow”. The primary goal of the event was to connect government school students with leading names in the maritime sector.

  • ACICT partners with Logix to build the largest...

    The Academy Company for Information Communication Technology (ACICT), the technological investment arm of the Arab Academy for Science Technology & Maritime Transport (AASTMT), has launched a strategic partnership with Logix, a leading company in smart transformation and information security, to launch the largest smart and secure educational platform in Egypt and the Arab World. This is part of ACICT’s efforts to support Egypt Vision 2030 in developing knowledge, innovation and scientific research.

     

  • Digital tools: e-learning for DESMI’s ballast...

    Marine engineers and crew members can now train and learn about DESMI Ocean Guard’s CompactClean ballast water management system with two digital offline tools. One is a computer-based training (CBT) program and the other is a mobile app. 

     

  • Entrepreneurship Center, AASTMT organised an...

    The AASTMT Entrepreneurship Center held an online workshop titled “How to Become an Entrepreneur”, which is the first in a series that aims to prepare AASTMT students, who are willing to participate in the “Arab Rally for Entrepreneurship”. This year, the annual competition focused on entrepreneurship in the maritime sector. The virtual workshop was hosted by Dr. Wael El-Desouky, Director of the Entrepreneurship Center, AASTMT, with the participation of more than 50 students representing the academy from Egypt, UAE, Syria and Greece.

     

Women in Maritime

Techonology

  • Foss Builds First U.S. Tug With Autonomous Capabilities

    Leading U.S. tug and logistics operator Foss Maritime is installing an autonomous control system aboard its latest tug, the Rachael Allen. The new ASD harbor tug will be the first in the United States to integrate autonomous systems into real-world commercial operations, and it marks a significant milestone for the small but growing class of autonomy-equipped workboats on the global market. 

     

  • NAVTOR Launches NavStation 6.0

    NAVTOR has announced a major upgrade of its NavStation software, introducing new features delivering enhanced security, usability, accuracy and efficiency for an increasingly digitized shipping industry. The solution, which originally launched in 2014 as the world’s first digital chart table, has been revamped to offer more seamless passage planning, faster and higher quality rendering of charts, even more robust cyber security, and better functionality for busy vessel navigators.

     

  • Continuing evolution: The LNG carrier of 2030

    by Peter Fitzpatrick, Vice President, Global Business Development and Account Management, ABS

     

    While LNG carriers have a relatively short history, they have been subject to a continuous evolution in their design and operational parameters over the last decade. Many of the design changes reflect the natural maturity of the industry, others have come in response to technical, operational and regulatory changes.

Dredging

  • Watchet Marina dredging trials under way

    A dredging project set to remove years of built-up silt and restore Watchet's historic marina is under way.

     

  • Kooiman building Hegemann Dredging's new...

    The Netherlands-based shipbuilder Kooiman Marine Group is building a new trailing suction hopper dredger (TSHD) for German Detlef Hegemann Aktiengesellschaft. The 1,500-cubic-meter dredger is designed to execute multiple types of dredging activities at specific locations. Hegemann V is scheduled for delivery in July 2022.

     

  • Texas Dredging Company charged, faces $200K fine...

    A Texas-based dredging company has been charged with violating the Clean Water Act in connection with a coastal Louisiana oil spill in 2016 and faces a fine of up to $200,000, the Environmental Protection Agency reported.

     

  • Conrad Shipyard lays keel for GLDD trailing...

    Morgan City, La., headquartered Conrad Shipyard recently hosted a ceremony at its Deepwater shipyard in Amelia, La., to mark the laying of the keel of a 6,500-cubic-yard trailing suction hopper dredge under construction for Great Lakes Dredge & Dock Company (GLDD). Delivery of the dredge is scheduled before the end of first quarter 2023.

     

  • Port of Baltimore completes dredging for second...

    The Helen Delich Bentley Port of Baltimore completed dredging operations this week to create a second, 50-foot deep container berth at its Seagirt Marine Terminal. The project, accomplished as part of the public-private partnership between the Maryland Department of Transportation Maryland Port Administration (MDOT MPA) and Ports America Chesapeake, will allow the Port to accommodate two ultra-large ships simultaneously by the end of this year.

     

LIFESTYLE

OFFSHORE

  • Suncor, Transocean Fined for 2018 Offshore Drilling Fluid Spill in Canada

    Canadian oil company Suncor, and Swiss-based offshore drilling contractor Transocean have been fined by the Canada-Newfoundland and Labrador Offshore Petroleum Board for an unauthorized discharge of drilling fluids from Transocean's offshore rig in Canada in 2018.

     

  • NYK Expands Offshore Business Opportunities with CTV Agreement

    Japan’s NYK Line has taken its next steps in its efforts to build business opportunities in the emerging offshore wind energy sector. NYK will be working with Sweden’s Northern Offshore Services, the largest operator of crew transfer vessels (CTV) for the offshore sector. In December 2019, NYK announced plans to collaborate with NOS in the CTV business.

     

  • Jack-up rig tilts and sinks off Malaysia

    ConocoPhillips and Malaysian offshore drill rig operator Velesto confirmed reports that a jack-up rig operating at the Salam-3 field off the coast of Sarawak, Malaysia collapsed and sunk earlier today. All the personnel working aboard the rig were safely evacuated before it sank and have been accounted for according to Velesto.

     

  • Valaris emerges from bankruptcy, continuing industry restructuring

    The Valaris Group completed its financial restructuring emerging from chapter 11 bankruptcy proceedings as part of the ongoing restructuring taking place across the offshore sector. The reformatted company reports it eliminated $7.1 billion of debt while continuing to operate the largest fleet of offshore drillships, semisubmersibles, and jackups. Management also expressed cautious optimism in the outlook for the market. 

     

  • Equinor files plan to electrify troll west field

    Norway's Equinor, with partners Petoro, Shell, Total, and ConocoPhillips, has decided to electrify the Troll West field offshore Norway and has submitted the plan for development and operation to the Norwegian minister of petroleum and energy. 

     

  • Acergy Viking to be converted to hybrid propulsion

    Eidesvik said it plans to upgrade its offshore wind support vessel Acergy Viking with a battery pack and hybrid propulsion solution, in line with the Norwegian vessel operator's plans to reduce its fleet’s emissions by 50% by 2030 and to operate emissions-free by 2050.

     

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