Anyone who has been around the Offshore Oil and Gas or the Marine industries for long has heard of plans for mining various minerals located on or just below the seafloor. In fact, when Howard Hughes built the Glomar Explorer in 1972, the cover story for its true mission – recovering a Soviet submarine - was that the rig would be used to mine manganese nodules from the deep ocean floor.
Norway is growing its arsenal of military grade drones for missions that’ll take them into the exhaust streams of ship’s funnels. With the IMO now supporting the 0.1 percent sulfur cap on marine fuel from Jan. 2020, and with southern Norway below the 62nd parallel officially a European Emissions Control Area, or ECA, the Norwegian Maritime Authority, the NMA
While the task to name only five 'Top' yachts of the year, Maritime Reporter & Engineering News' Lisa Overing gives it her best shot in the January 2019 edition.M/Y TIS: “Size Matters”The age-old question of whether or not size matters is typically directed at men. However, since a ship is called she, Maritime Reporter’s top spot for greatest yacht of 2018 is the class of 2018’s largest launch
Late 2018 saw the tanker market bubble upwards through late November, with daily vessel hires moving in the direction of, though not yet reaching levels not seen since late 2014-2015, when oil prices were in freefall and inventories building to the brim. A few pundits have suggested that we are seeing a “mini 2014” where lowered oil prices are coaxing another inventory build which would drive
Momentum in the red hot cruise industry continues to build as TUI Cruises takes delivery of New Mein Schiff 2 from Meyer Turku shipyard.“For us it has been a thrill working with TUI Cruises on the design and construction of this ship. The passengers will surely notice and hopefully like the differences to the previous ships," CEO Jan Meyer said.
The Greek oceangoing vessel operator Capital Ship Management Corp. (CSMC) took successful delivery of the newbuilding vessel M/T ‘Aitolos’.The 115,000 dwt, eco-type crude oil tanker is built by Daehan Shipbuilding Co., Ltd, S.Korea, said a press note from the ship management services provider.M/T ‘Aitolos’ is the first of two sister ships to be delivered in 2020.
ST Engineering Halter Marine and Offshore (STEHMO) installed a NOV crown mounted compensator (CMC) on Diamond Offshore’s Ocean Blackhawk drillship.The 215-metric-ton passive heave compensator was fully assembled and lifted on the top of the derrick on May 22, 2019. Carol Crane Rigging & Lifting Technology and Mammoet supported STEHMO with completing the engineered lift.
Namibia marine diamond mining company, Debmarine Namibia announced that its Board of Directors have approved the construction of the world’s first ever custom-built diamond recovery vessel.The new vessel is expected to cost US$468 million and represents the largest ever single investment in the marine diamond industry
Damen Shipyards Group and De Beers Marine Namibia (Pty) held a steel cutting ceremony to mark the beginning of construction on a new offshore crawler diamond recovery vessel for offshore operations in Namibia.At 177 meters (577 feet) long, the new vessel will be slightly larger than the current largest vessel in the De Beers Marine Namibia fleet, Mafuta (174 meters, 571 feet).
Singapore's Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel Shipyard Ltd (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), secured integration and upgrading contracts worth a combined value of about S$160mln (USD 118mln).Chris Ong, CEO, Keppel O&M, said
New World Supply, where S.D. Standard Drilling (SDSD) has an ownership of 26.2 percent, has completed a sale of its remaining four medium sized platform supply vessels (PSVs).The NWS vessels, "World Diamond", "World Peridot", "World Pearl" and "World Opal , have been in lay-up in Norway since October and November 2016.
Largest Containership Built in U.S. Will Serve HawaiiMatson, Inc. and Philly Shipyard, Inc. (PSI) christened the second of two Aloha Class containerships built for Matson in a ceremony at Philly Shipyard on Saturday, March 9. Dubbed Kaimana Hila, it is the sister ship to Daniel K. Inouye, which entered service in November of 2018.