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The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of September 2016, with rapid growth in the total followed by steep decline all within the last decade, according to Clarkson Research. Global contracting surged by 78% from 2002 to peak in 2007, […]
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Over the years the Dutch maritime industry has gained a worldwide reputation for quality and reliability. Within this sector a large number of companies is active in the field of’marine electronics’ and their reputation confirms my opening statement on a daily basis. And for good reason. Despite the difficult business climate in the maritime world, […]
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Following the success of the 2002 inaugural event, Challenge Business has today announced that the Challenge Transat race – from Southampton to Boston and back – is to be run again next summer with a start date of 13 August.
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Norwegian shipping company Olympic has been awarded a contract extension for one if its vessels from the French engineering and construction company, Technip. The shipping company said on Friday that the contract for the subsea/offshore construction vessel Olympic Challenger was extended with two months until October 2016. Technip declared their second annual option for the Olympic Challenger […]
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2012 presented a number of interesting challenges for the Transas ship modeling and hydrodynamics department, not least of which was the high fidelity modeling of more than ten vessels successfully completed for various high-profile members of the global Cruise Industry. The year began with the development of several in-service vessels for the Resolve Maritime Academy, […]
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On 4 August 2014, the brand new jack-up vessel Sea Challenger loaded the last components for the first batch for Westermost Rough Offshore Wind Farm in the UK. Sea Challenger is scheduled to leave Esbjerg today, on 6th of August and installation is expected to start this week. “It will be interesting to see […]
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To inspire transforming saltwater into drinking water using wave energy to power the process, the U.S. Department of Energy (DOE) Water Power Technologies Office (WPTO) launched the Waves to Water Prize in June 2019. This four-stage competition offers intrepid competitors up to $2.5 million in cash prizes to demonstrate small, modular, cost-competitive desalination systems that […]
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Japanese shipping giant MOL recently posted a video of the world’s largest floating storage and regasification unit (FSRU) in operation in the Turkish port of Dörtyol, Hatay.
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Perceived as a global threat, piracy seems to have outpaced the efforts of the international community in 2011 to restrain it. Although the Coast of Somalia has been the main focus of piracy attacks, such activities have been affecting even some other parts of the world. The cost of measures taken to prevent and […]
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A woman who secured herself to the anchor chain of Shell’s support vessel the Arctic Challenger in Bellingham, Wash. left the vessel on Monday morning with the assistance of the US Coast Guard. Chiara D’Angelo, a 20-year-old Western Washington University student, mounted the vessel on Friday night and was joined shortly after by Matt Fuller, another protester. The so called […]
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Mitsui O.S.K. Lines has named its MOL FSRU Challenger during a ceremony held at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co., Ltd in South Korea. The company claims the FSRU to be the largest in the world. MOL president and CEO Junichiro Ikeda named the vessel on Thursday, September 28. The FSRU […]
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The shipping industry is set to experience a stormy road to recovery, with uneven supply/demand trends set to test the nerve of investors and operators, according to research and consultancy firm Maritime Strategies International (MSI). Addressing the Hansa Forum in Hamburg, Germany this week, MSI Senior Analyst James Frew warned that the industry will continue to face multiple […]
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When BMW ORACLE Racing fell to Luna Rossa Challenge for the fifth time in their Semi Final on Sunday, the sailing team was eliminated from the Louis Vuitton Cup.
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Global Ocean Sailing Ventures (GOSV) is now accepting entries for the inaugural 2007 Global Ocean Challenge. The Global Ocean Challenge is the first ever solo double global ocean race where singlehanded and double-handed teams will be competing on the same around-the-world racecourse aboard 40ft and 50ft Category 0 compliant yachts. The race will start from […]
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Squalls, calms, clouds, rain, just about everything in the weather panoply apart from snow and gales have hit the fleet. Jennifer Lilly explains why clouds are bad.
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The shipping industry faces a challenging year as freight rates come under pressure and crew costs continue to rise, according to Julian Wilkinson, Head of the Moore Stephens Shipping Industry group.
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Search efforts are continuing to locate a man reported to have fallen overboard from a tanker off Sand Point, Alaska.
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Ports & Logistics, Vessels
Turkey commissioned on Wednesday the country’s second floating storage and regasification unit (FSRU) at a port in Dörtyol, Hatay located on the country’s Mediterranean coast. The MOL FSRU Challenger, the world’s largest FSRU, arrived in Turkey in November last year following delivery to its owner on October 10, MOL LNG Transport (Europe) Ltd, a unit of […]
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Ahead of the entry into force of the International Code for ships operating in polar waters, or the Polar Code, in January 2017, the European Community Shipowners’ Associations (ECSA) highlighted challenges that shipowners encounter while operating in polar waters. In light of reports that the traffic on the Northern Sea Route or the Arctic Ocean is expected to […]
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Day 9 and the racing must go on. The fleet continues to spread out, with the leaders breaking the 1,000 nautical mile mark in southwesterly winds that continue to push the fleet towards the finish. With the stronger winds over the last 48 hours, the miles are disappearing and it looks like the leader will […]
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Lowestoft based company East Coast Charters Ltd are due to take delivery of thier new vessel ECC Challenger in the next few weeks. The Challenger is built by East Coast Workcats a subsidiarycompany and this vessel marks the first project to be completed. East Coast Charters General Manager Sam McNamee stated ” The delivery of […]
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An oil spill containment barge Arctic Challenger is the first vessel in Royal Dutch Shell’s Arctic drilling fleet to depart for Alaska after the 9th US Circuit Court of Appeals approved the company’s oil spill response plans, Reuters reports. The Court reached a 2-1 decision in favor of Shell and against the coalition of environmentalist groups led by […]
