US Offshore Support Vessel Analysis 2018 and 2019. The US GOM Offshore Support Vessel (OSV) market is suffering, utilization remains poor, and many owners are still squeezed financially. However, a poor market forces people to adapt and for those willing to take risks, the upside can be extremely large.US Owners 2018 vs.
Two workers recently died on the shipbreaking beach of Alang, India. Two separate accidents took place at well-known scrapping yards that have applied to be included in the EU list of approved ship recycling facilities.On July 29, 50 years old Subash Vishwakarma lost his life at Priya Blue yard - Plot V1. He was working on a ship when a metal plate fell on his head.
On July 29th, New Zealand’s Ports of Auckland signed a contract with the Damen Shipyards Group for the delivery of an innovative new vessel. The RSD-E Tug 2513 will be the first fully-electric ship-handling tug in the world with 70 tonnes bollard pull. The vessel completes the green cycle of energy in the port with its unrivaled performance in sustainability.
The Council on Ethics of the Government Pension Fund Global (Oil Fund), Norway's $1 trillion sovereign wealth fund (SWF), said that it will turn its attention towards Indian shipbreaking practices.The SWF cautioned that this may well result in further divestments from shipping companies with poor shipbreaking records.
Nidec ASI - head of the Nidec Industrial Solutions platform belonging to the Nidec Group - leaders in the field of solutions for energy management in the nautical sector, has taken another important step forward in support of more sustainable navigation. The company has developed and installed the innovative Power Management System on the mega yacht Wider 165
Large-scale conversion project on offshore platform Molikpaq operated by Sakhalin Energy.While the refit of heavy lift capacity onboard an offshore rig might sound mundane, Liebherr’s project to replace and modernize cranes on the offshore platform Molikpaq operated by Sakhalin Energy, a unit subjected to some of the world’s harshest conditions, is anything but mundane.
Swiss-Swedish multinational corporation ABB has won a contract from ST Engineering Land Systems Ltd. to deliver and commission integrated smart charging points for Automated Guided Vehicles (AGV) in the new Tuas port of Singapore.Deliveries of the vehicles, which will be deployed to transport heavy shipping containers at the port terminal
"Shipping must draw talent from every corner of the globe and every sector of the population to ensure its own sustainability."This was a key message from IMO Secretary-General Kitack Lim, in his opening remarks to the 2019 IMO World Maritime Day Parallel Event (15-18 September), held in Cartagena, Colombia.
Kalmar, the provider of cargo handling solutions and services to ports, is to supply NFI Industries with 25 Kalmar Ottawa Electric T2E Terminal Tractors for use in their selected distribution centers in California.The order was booked in Cargotec's 2019 Q2 order intake with delivery scheduled to be completed during the first half of 2020, said a press release from the Cargotec's unit.
Irish wind and solar projects developer Mainstream Renewable Power has appointed Raghuram Natarajan chief executive of its Asia-Pacific business."This key appointment to the Group’s Leadership Team, based out of its newly opened regional headquarters in Singapore, comes ahead of significant expansion plans for the region," said a press release.
New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000 running hours service on the generator engines on board the 113-meter-long vessel at A&P Tyne’s facilities in the North East of England
Kalmar has concluded a deal to supply a total of three Kalmar Ottawa Electric Terminal Tractors T2E to the Mexican bakery product manufacturer Bimbo.Kalmar, part of Cargotec, said in a press release that the order was booked in Cargotec's 2019 Q1 order intake, with delivery of the machines scheduled to take place during Q3 of 2019.