Has the age of maritime discovery and exploration actually ended? Perhaps not exactly. As the history of maritime resilience and the human element shows, as far back as the 1500s and earlier, from using new navigational aids and improved ship designs, to coastal and inland route sailing, to navigating on open seas with uncertain charts, wayward icebergs, dense fog and luckily at times
I don’t remember when I discovered that the first application of lightbulbs occurred at sea rather than ashore. But when I dug a little deeper into the subject recently, I came across an interesting set of coincidences that shows how innovation often relies on simply doing, rather than endlessly talking about it.
As COVID-19 continues to challenge many business plans and practices, the advent of remote inspection techniques is growing in popularity. What is reported to be the world’s first in-water remote ship surveys using a remotely operated vehicle (ROV) have been completed by DNV GL.In-water bottom surveys using ROVs have now been carried out on three separate Wilson ASA-managed vessels with the
Developments in the oil tanker market in the past decade dominated by geopolitics, says shipping association BIMCO.Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving situation in the global oil markets.
A crew member from the containership MSC Gayane pleaded guilty to cocaine trafficking stemming from a $1 billion bust in the Port of Philadelphia, one of the largest drug seizures in U.S. history.The 27-year-old Montenegrin Vladimir Penda entered a plea of guilty before U.S. District Court Judge Harvey Bartle III on charges of conspiracy to possess with intent to distribute 5 kilograms or more
Eastern Shipbuilding Group reports that steel cutting for the second Offshore Patrol Cutter (OPC), Coast Guard Cutter Chase (WMSM-916), commenced on April 27, 2020 at its facilities in Panama City, Fla. The cutting of steel started the fabrication and assembly of the cutter’s hull, and ESG is to complete keel laying of Chase in 2021.
Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements, including those of its ongoing expansion projects of the giant offshore gas field North Field.
While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.
Swedish based tanker shipping company Stena Bulk will become the latest to run a ship on biofuel as owners and operators explore alternative fuels to help slash emissions.During the coming weeks, Stena Bulk will perform a test running MR tanker Stena Immortal on 100% MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.
Malaysian oil and gas company Petronas named its second floating liquefied natural gas (LNG) facility, the PFLNG Dua, in a ceremony in Geoje, South Korea.The floating LNG facility is designed to extract gas from deepwater gas reservoirs in depths up to 1,500 meters.With PFLNG Dua, the national oil and gas company of Malaysia owns and operates two floating LNG facilities
Danish tanker owner and operator Maersk Tankers is set to add 11 ships to its managed fleet in a deal with BP Shipping and ICBC Financial Leasing.Under the terms of the agreement, Maersk Tankers will take each vessel from the owner under a bare-boat charter arrangement, which it will then hire out to BP under a time charter deal for a period of three years.
Niels Aalund was elected at the 93rd International Convention and Conference in New Orleans on October 17th.New Orleans, LA: Prominent maritime industry stakeholder Niels Aalund has been elected President of the International Propeller Club. Mr. Aalund will serve a two-year term, commencing from October 17th.