Japanese shipping company NYK Line and shipbuilder Japan Marine United Corporation (JMU) say they plan to introduce a new shipbuilding contract that guarantees propulsion performance in actual sea conditions, factoring in heavy sea states encountered by vessels at sea. Typically, … Read More
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RINA, SDARI Move Toward 3D Ship Classification
Classification society RINA has announced the signing of a Memorandum of Understanding (MoU) with the Shanghai Merchant Ship Design & Research Institute (SDARI) to create an interface to the SDARI 3D Ship Model, marking another step toward 3D design verification. … Read More
Guyana Nears Deal with Exxon for Payara Project
Guyana is close to reaching a deal with Exxon Mobil Corp to approve the company’s Payara project, after the company committed to stricter environmental restrictions on gas flaring and wastewater, a top government official said on Friday. Exxon, along with … Read More
Canada Commits Nearly $240 Mln to Aid Offshore Oil Industry
Canada will spend C$320 million ($238.56 million) to support its offshore oil industry in Newfoundland and Labrador, which has struggled as coronavirus pandemic travel restrictions reduced demand, the government said on Friday. The funds are intended to support jobs and … Read More
MetalCraft Delivers High-performace RIBs in Mississippi
Shipbuilder MetalCraft Marine said it delivered two 34-foot high performance patrol RIBs to be used by the Mississippi Department of Natural Resources Police in the coastal bay areas and offshore checking on commercial and sport fishing compliance. Each boat is … Read More
Great Lakes Wins Jacksonville Harbor Dredging Contract
Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville Harbor Construction Dredging, 47-Foot Contract C Cut-42 Project, the U.S.’ largest dredging services provider announced Friday. Great Lakes said … Read More
Charleston Will be the Deepest Harbor on the US East Coast
This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast. The contract awards also coincided with the arrival … Read More
Metal Shark Builds Custom Tender for R/V OceanXplorer
Shipbuilder Metal Shark reports it has delivered a new research tender to OceanX, a New York-based nonprofit ocean exploration initiative and media organization. The custom 38-foot Defiant-class welded aluminum monohull pilothouse vessel will be carried aboard the recently-launched one-of-a-kind scientific … Read More
Trafigura Proposes Carbon Levy on Marine Fuels
Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on shipping fuels to make zero and low carbon fuels more economically viable and competitive. The International Maritime Organization (IMO) wants to halve … Read More
Dynegy Enters Partnership to Supply Willis Tower with Renewable Electricity
Dynegy, a company that delivers price-protected electricity plans for residential, municipal aggregation, commercial and industrial customers, has entered into a multi-year partnership with Chicago’s Willis Tower to provide it with100% renewable electricity. “For Dynegy, understanding this customer’s bold commitment to … Read More