News
Tanker Owners Get a Breather as Scrapping Ramps Up in Q3
The third quarter of 2017 saw the highest level of total tanker deadweight tons (DWT) sold for scrap in any quarter since 2010. Some 4.98 million DWT or 2.69 million gross tonnes were sent for demolition during the quarter, according to the data compiled by VesselsValue. This equals to 40 tankers be
PHOTO: Norse god of the sea seen at daybreak in Schiedam
Navingo’s Siwart Mackintosh has sent us this beautiful image of the deepwater construction vessel Aegir, taken on the break of dawn on Monday in Schiedam, the Netherlands. Offshore Energy Today reported earlier this month that HMC was waiting for the Aegir to dock for maintenance at Huisman Schiedam
Room for improvement found on Statoil’s Veslefrikk B
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found an improvement point during an audit of Statoil’s Veslefrikk B platform, offshore Norway. The PSA said on Tuesday that it carried out an audit of waves on deck at the Veslefrikk B platform in the North Sea on August 31,
BigRoll to carry on as part of Roll Group
BigRoll, a joint venture company between BigLift Shipping and Rolldock Shipping, will continue operating as part of Roll Group after the cooperation between the two members officially ends next year. The two companies announced the formation of the joint company back in May 2013 with a focus on the
Tanker Fired Upon by Libyan Coast Guard Reaches Malta
The Comoros-flagged oil products tanker Goeast, which had been fired upon by the Libyan Coast Guard and had been reportedly sunk, has re-appeared on the radar. Namely, the damaged tanker managed to reach Maltese anchorage, according to its latest AIS data on Marine Traffic. The ship’s status shows t
Solstad Farstad Secures Two Contract Extensions
Solstad Farstad has agreed contract extensions for two of its vessels. The first extension is for the construction support vessel (CSV) Normand Pacific with Prysmian Powerlink, the Prysmian Group’s company responsible for the development of the “turnkey” submarine cable systems. The contract has bee
Tanker’s Anchor Pierces Test Torpedo, Drags It into Portland
Maltese-flagged oil/chemical tanker Skaw Provider hooked a historic test torpedo by its anchor and dragged it into Portland, UK. The unexploded device had been pierced by the fluke of the anchor as it landed on the seabed, and had then been dragged up from around a 15-metre depth, the Royal Navy sai
New Charter Catamaran Welcomed in Cannes
The Sunreef 74 Calmao , a new yacht built at Poland-based shipyard Sunreef Yachts, was presented at the Cannes Yachting Festival in September. Being an advanced version of the company’s Sunreef 74 model, this sailing catamaran features a bow terrace, a hydraulic aft platform and an enlarged flybridg
Bakker Sliedrecht to Power Up GeoSea’s Orion
Bakker Sliedrecht will deliver the main electrical power package for the offshore wind installation vessel Orion, scheduled to be delivered to its owner GeoSea in 2019. The vessel will be deployed on next-generation projects featuring massive components.
Drewry: Container Shipping Industry to Earn USD 6 Bn This Year
The container shipping industry is steaming its way toward making an operating profit in the region of USD 6 billion this year, with that sum rising again next year, Drewry said in its latest report on container shipping industry. As disclosed, for now, “the industry is moving in the right direction
Sevan Marine settles arbitration with Logitel and Teekay
Sevan Marine, a cylindrical platform design provider, has entered into a settlement agreement related to an ongoing dispute with Logitel Offshore and Teekay Offshore Partners. Sevan Marine informed on Monday it had entered the settlement agreement with Logitel Offshore and Teekay Offshore Partners w
Windcarrier’s Bayard CTV Fleet Marks 1000 LTI-Free Days
Fred. Olsen Windcarrier’s fleet of seven Bayard class crew transfer vessels (CTVs) reached 1,000 days without a lost time incident (LTI) on 12 October.
Snam completes purchase of Edison’s stake in Adriatic LNG
The Italian natural gas transmission system operator, Snam, has completed the acquisition of Edison’s 7.3 percent stake in the Adriatic LNG.
Big Data Boom, Big Benefits
In the not so distant past, the torrent of data flooding the maritime industry had probably only set pulses racing among ICT enthusiasts. However, recent years have seen shipping follow other industries in being engulfed by the big data tsunami, with the pacesetters among ship owners and operators r