The subchapter M towboat rules, safety management systems, and an emerging culture shift on the inland waterways brings with it a fresh look at how to manage risk. Is it time for P&I clubs to return to brown water? And should inland operators welcome them home?A mass exodus from the inland marine sector by P&I clubs in the mid-1990’s was precipitated by many things.
With compliance deadlines on the horizon for many shipowners, the study revealed a critical need for owners to start their technology-selection process, and to resist buying BWM systems based on initial price alone.ABS has just completed its second comprehensive survey of the shipping industry’s progress towards global compliance with ballast-water regulations
FUELTRAX optimizes uptime and reduce costs with a real-time marine fuel management solution. Solving your emissions and fuel monitoring reporting and compliance headache is what they are all about.In today’s operating environment, it would be an understatement to say that detailed insight into fuel consumption and efficiency is one key to managing marine operations.
Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform ‘NiBiKi’, which is expected to reduce complications for crew members.The new platform NiBiKi is useful for the onboard crew helping them to work comfortably and concentrate on ship operations, said a press release from the company.
Greek shipping company Capital Product Partners has agreed to spin off its crude and product tanker business and merge it with the tanker businesses owned by DSS Holdings.The $1.65 billion transaction involving 68 tankers is expected to create the third largest publicly traded MR and product fleet in the world
Not all towing vessel companies are choosing Third Party Organizations (TPOs) for their Subchapter M compliance option. One size does not fit all.Under Subchapter M, towing vessel companies may opt to use TPOs to conduct their audits and surveys instead of inspections by the Coast Guard. While many companies are going the TPO route, many are opting for traditional Coast Guard inspections.
Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was announced. In a sign of optimism, Ensco announced its plan for an all-stock acquisition of Rowan Offshore, worth around $2.4 billion.
Significant moments in naval architecture & marine engineeringThe International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) was adopted February 13, 2004 to introduce global regulations to control the transfer of potentially invasive species.
The ZEABORN Group announced it has combined its two recently acquired Hamburg-based ship management companies to form one global brand, ZEABORN Ship Management GmbH & Cie. KG.Bremen-based ZEABORN Group has brought together Rickmers Shipmanagement, which was acquired by ZEABORN in September 2017, and E.R. Schiffahrt, acquired in February 2018.
Leaked fuel that contacted a hot surface in the engine room was determined to be the immediate cause of a fire that burned for three days aboard the auto and passenger vessel Caribbean Fantasy in August 2016.According to the National Transportation Safety Board (NTSB), who reported their findings Tuesday, the fire started in the main engine room of the 614-foot long, Panamanian-flagged vessel
ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service.Additionally, Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1, 2018.
We visited Grand Bahama Shipyard CEO Dave Skentelbery, who updates us on his shipyard and the cruise shipping industry.How do you see the market today?In terms of the cruise ship market, it is very healthy. As a business, we are growing the amount of work we do on each of those projects. We’re doing more complex scopes of work.