Pioneering E-navigation business NAVTOR has announced a landmark agreement with the United Kingdom Hydrographic Office (UKHO) that will see its market leading ADMIRALTY Vector Chart Service (AVCS) distributed on the NAVTOR NavStick USB device. The deal will also see all Admiralty Digital Publications made available on the NavStick. At present AVCS is distributed to mariners [...]
April 29, 2013 | Posted in
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United States Southeast ports are preparing for the larger vessels that will come calling when the Panama Canal’s third lock is complete in 2015. Port Miami will be the first port of call ready to extend a warm welcome to the post-Panamax ships, with improved infrastructure that will ensure reliable and improved speed to market. [...]
December 19, 2012 | Posted in
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Shell Offshore Inc.’s (Shell) Olympus hull, the approximately 32,500 metric ton main body of the Olympus TLP, departed from South Korea yesterday to begin its two month journey to the U.S. Gulf Coast. After nearly 4 million man hours and a peak of approximately 1,300 workers on-site, construction of the Olympus hull was completed in [...]
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In view of the latest developments on the market concerning a dire need for increasing efficiency of ships, optimising energy consumption and cutting CO2 emissions to meet ever more stringent environmental requirements, World Maritime News Staff have contacted one of the leading market players, namely Lloyd’s Register to discuss some of these topics. Hereby, we [...]
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NYK has been selected by the Carbon Disclosure Project (CDP) as one of only five companies in the FTSE Japan Index of nearly 500 Japanese companies to be included in the Carbon Performance Leadership Index (CPLI). In addition, the company was one of 22 companies to be included in the Carbon Disclosure Leadership Index (CDLI). [...]
As of 1 March 2012, the Danish Maritime Authority has introduced a new way of surveying fishing vessels. Whereas surveys were previously slavishly based on a survey form and subsequent reporting, they are now based on dialogue and overall assessments. From general control to focused dialogue Ship Surveyor Bo Berggreen Larsen from Thyborøn explains the [...]
Seadrill is in advanced discussions regarding a new five-year contract for the drillship West Polaris. This new contract will start in direct continuation of the existing assignment which is scheduled to be completed in October 2012. The potential contract revenue for the five-year period is approximately US$1.16 billion. A final agreement is expected within July [...]
The tug boat for Dutch vessel MV Plancius, that has lost power in South Georgia on Monday – about 10 days after departing from Argentina, will arrive in South Georgia in the afternoon of 17 April 2012 to help vessels’ departure. Departure from South Georgia is planned for 18 April 2012 after all passengers have been [...]
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The 3rd National Conference on Infrastructure and Ports, having the theme ‘Integrated Maritime Planning and Development… Source: Eximin, September 15, 2011.
The Group’s strong cash flow and healthy balance sheet make it possible to invest in long term profitable growth of our core businesses in spite of short term market volatility and risks. In the first half-year of 2011 alone, the Group has executed and committed to new investments of more than USD 12 billion. [...]