Marine

ClassNK Grants Innovation Approval for Products and Solutions to J-Marine Cloud Developed by JRC

ClassNK has granted its innovation approval for products and solutions to a cloud service called J-Marine Cloud developed by Japan Radio Co., Ltd. (JRC). In order to promote the dissemination and development of innovative technologies, ClassNK has offered innovation approval as a rapid certification service in cooperation with technology leaders to establish appropriate evaluation criteria. […]

Shipboard

Overview of the forecast period 2022-2031 of the global on-board cables market

Global Automotive Cable Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026 Global Automotive Cables Market Report by Business Research Company 2022: Market Size, Trends and Forecast to 2026 LONDON, GREATER LONDON, United Kingdom, Oct. 31, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Global Edge Cables Market Report 2022”, the edge […]

Coastguard

The Coastguard’s 20-year journey from ‘old school’ skippers to ‘level playing field’

Until the launch of the new Coastguard vessel, the Hohapata Sealord Rescue, 18 months ago, Coastguard volunteer Rosie Musters said Nelson’s lifeboat had no working toilets. walking. With long journeys of up to 16 hours, as well as the wearing of wetsuits and other gear, the lack of toilets meant that women could not be […]

Seaborne

Russia increases oil exports from the Maritime Urals to Asia

Russia increased its Urals oil exports by sea to Asia to 50% of the total in the period October 1-20 ahead of an EU embargo in December on oil and products from the Condition, according to traders and data from Refinitiv Eikon. EU countries, major consumers of Russian crude oil for decades, will stop buying […]

maritime transport

Scary financial situations and how to avoid them

Thanks to a rapid succession of major holidays — like halloween, Thanksgiving, Christmas, and other fall and winter holidays – it might feel like the “holiday season” is turning into “debt season.” Bankrate’s survey of holiday shopping found that 27 percent of holiday shoppers going into debt for holiday expenses. And half of holiday shoppers […]

Marine

Is the tide turning for container shipping? – Maritime/Shipping

To print this article, all you need to do is be registered or log in to Mondaq.com. Eroding fundamentals portend tough times for the industry Alix Partners’ 2022 outlook for container shipping observed that “the current mismatch of supply and demand could reverse, perhaps from 2023”. It looks more and more like we got that […]

Shipboard

Longshoreman killed in accident aboard ship in Port Everglades

Container terminals at Port Everglades (file image courtesy of Port Everglades) Posted on October 25, 2022 at 10:30 p.m. by The Maritime Executive Broward County, Florida officials have identified the stevedore who was killed in a container handling accident in Port Everglades, Florida last week. On October 20, a dock worker was killed […]

Marine

Western Marine suffered losses in October-December 2021

Western Marine Shipyard Limited incurred losses in the October to December 2021 quarter. The shipbuilder lost Tk 2.35 crore in the quarter compared to Tk 47 lakh in the same period a year earlier. For all the latest news, follow the Daily Star’s Google News channel. Earnings per share were Tk 0.10 negative for October-December […]

maritime transport

How I got my student loans forgiven: doctor in North Carolina

(NerdWallet) – The Civil Service Loan Forgiveness Program is sometimes criticized for providing debt relief to borrowers working in the civil service who have taken out large loans and earn enough income to repay their debt. One of the borrowers who benefited from the PSLF is Dr. Casey Glass, an associate professor of emergency medicine […]

Marine

Come Home Year Helped Marine Atlantic Surpass Pre-Pandemic Traffic, Says CEO

Passenger traffic on Marine Atlantic’s ferry service jumped this summer to numbers exceeding those seen before the COVID-19 pandemic hit, the federal Crown corporation’s CEO said. “Is this the new normal? We’re not sure. But it was definitely a rebound from the previous two years,” Murray Hupman told CBC News on Thursday. Just under 160,000 […]

Shipboard

Textron Systems will provide a second US ESB with UAS operation on board

The Aerosonde Unmanned Arial Surveillance (UAS) vehicle, Buck G, waits to be launched aboard the Expeditionary Sea Base USS Hershel “Woody” Williams (ESB 4) in the Atlantic Ocean, September 25, 2020. US MARINE CORPS / Sgt. Megan Roses HUNT VALLEY, Md. — Textron Systems Corporation, a Textron Inc. company, […]

maritime transport

Buy SoFi before earnings: A surprise is expected (NASDAQ:SOFI)

Rich Fury Introduction It seems that macroeconomic conditions are weakening every day, and in the wake of such sentiment, SoFi Technologies, Inc. (NASDAQ: SOFI) (“Sofi”) has suffered a lot in recent months. The continued decline in stock prices happens even after surprise profit in the last quarter, Q2 2022, as investors continue to believe that […]

Shipboard

Fincantieri Marinette moves forward with propulsion and on-board electronics for Constellation-class frigate

BATH, Maine – US Navy surface warfare experts ask shipbuilder Fincantieri Marinette Marine Corp. in Marinette, Wisconsin, to plan the construction of an onshore engineering site in Philadelphia for the future Constellation-class frigate. Officials at Supervisor of Shipbuilding, Conversion and Repair, Bath, Maine, last month announced a $76.7 million order from Fincantieri Marinette Marine to […]

Marine

Brazilian shipyard Sembcorp Marine completes Petrobras P-71 FPSO

Sembcorp Marine Ltd (the “Company”), through its wholly owned and operated subsidiary Estaleiro Jurong Aracruz (EJA), achieved another operational milestone with the completion of P-71, its second float, production, storage and offloading (FPSO) vessel project for Tupi BV A new-build FPSO vessel, the P-71, has left the EJA shipyard and will be deployed to the […]

Marine

Al Seer Marine enters joint venture to build, sell and service marine vessels

Al Seer Marine (ASM), a subsidiary of International Holding Company, has entered into a strategic joint venture with Dutch maritime solutions company, Damen Shipyards and Singapore-based DTec Industries. Damen Shipyards has been providing maritime solutions in the fields of design, shipbuilding, ship repair and related services in various sectors since its inception in 1927. It […]

maritime transport

Consumer credit complaints dominate cases for financial ombudsman service

Monday, October 17, 2022, 9:19 a.m.Press release: Financial Services Complaints Consumer credit complaints have overtaken travel insurance complaints over the past year, reports Financial Services Complaints Limited (FSCL), a financial ombudsman service, in its latest annual report. Commenting on the release of their annual report today, “The increase in complaints reflects challenges in the wider […]

maritime transport

Landlords use HELOCs to reduce housing costs – DSNews

A recent TD Bank survey found that nearly 90% of respondents indicated an increase in equity since buying their home, but far fewer plan to tap into this potential source of funds over the next 18 months. Meanwhile, nearly 50% of homeowners know their home equity, up from 32% in 2019. Unleash Home Equity While […]

Marine

The MOL table drill prepares for a serious maritime accident

Mitsui OSK Lines, Ltd. (MOL; President and CEO: Takeshi Hashimoto) today announced that it conducted a table-top exercise, based on a simulation of a severe marine accident involving a MOL-owned woodchip carrier operated by MOL Drybulk ltd. (Chairman and Representative Director: Kazuhiko Kikuchi; Headquarters: Minato-ku, Tokyo). These periodic exercises aim to confirm the emergency response […]

Marine

Abuja MoU denounces effects of sub-standard ships on human life and marine environment

THE Secretary General of the Abuja MoU, Captain Sunday Umoren, has denounced the detrimental effects of sub-standard ships on human life and the marine environment. He revealed this during the ongoing International Maritime Organization (IMO) workshop on the International Convention for the Prevention of Pollution from Ships 1997 (MARPOL) and the International Convention for the […]

maritime transport

Judge settles case against Equifax, presented by Dr. Michael C. Grayson and the Credit & Debt Management Institute

QUEENS, NY , October 12, 2022 /PRNewswire/ — A malicious reporting and privacy breach case against Equifax is pending, with the trial on track to February 2023. This follows a New York Federal judge’s decision. In December 2018, Dr. Michael C. Grayson with the assistance of the Credit and Debt Management Institute (CDMI) brought charges […]

Marine

Green Corridors and Marine Clean Energy Hubs to Unite Shipping Decarbonization Stories and Drive Regulatory Clarity and Consistency

The pivotal role of public-private partnerships in achieving net zero emissions for shipping by 2050 was highlighted by Christopher J. Wiernicki, Chairman, President and CEO of ABS, in his keynote address. keynote at the SHIPPINGInsight 2022 conference. “We are clearly at the start of a decade of change. For shipping, the challenge and the opportunity […]

Seaborne

Russia records a 60% loss of its maritime crude market in Europe

Russia is believed to have lost three-fifths of maritime crude sales to Europe since Russia invaded Ukraine in February 2022. That market is set to disappear in eight weeks, and the most recent sanctions will make it difficult to divert flows elsewhere. Crude shipments to Europe averaged 630,000 barrels a day in the four weeks […]

Seaborne

Russian seaborne crude exports drop to 12-month low as EU ban and price cap looms

Russian crude exports averaged 2.99 million b/d in the month, down 290,000 b/d from August levels and the lowest since September 2021, as global demand oil was still recovering from the pandemic shutdowns, according to data from S&P Global Commodities at Sea. Data excludes Russia’s small share of CPC Blend exports from Kazakhstan. Russian flows […]

Coastguard

Announcement from the Acting Director General of the Maritime and Coastguard Agency

Posted on October 9, 2022 at 10:11 a.m. by The Maritime Executive Announcement of new Acting Director General of the Maritime and Coastguard Agency “I very much look forward to leading the Agency over the next few months.” Damien Oliver has been appointed acting chief executive of the Maritime and Coastguard […]

Coastguard

Oliver appointed acting head of UK navy and coastguard

Damien Oliver has been appointed acting chief executive of the Maritime and Coastguard Agency (MCA). Damien will take up his new role on Monday, October 17, following the retirement of current MCA chief executive Brian Johnson. Chairman and Board Member Christopher Rodrigues said: “Damien has held a number of senior positions with the MCA since […]

Marine

The ship’s captain allegedly drugged and sexually assaulted two sea cadets

The United States Merchant Marine Academy in Kings Point, NY.Photo: Getty Images After a horrible year for survivors of sexual violence at the US Merchant Marine Academy, another heartbreaking incident was revealed in a previously unreported complaint filed by the US Coast Guard. The complaint, obtained by CNN through a request for the records, details […]

maritime transport

Home Loan and Refinance Options for Seniors

Home loans for the elderly Just like other applicants, retirees and senior citizens have many options available for home loans. Let’s review some options that might be suitable for seniors, but keep in mind the specific challenges we looked at earlier. Conventional mortgage A conventional loan is a loan that is not guaranteed by the […]

Seaborne

Crude Oil Shipments Transported by Sea Appropriate Tanker Market Reaches New Heights

Jhe tanker market benefited from a decrease in tonnage supply, combined with a significant increase in crude oil loadings. In a recent weekly report, ship broker Banchero Costa said that “2021 has been a very negative year for crude oil trading. Total loadings in the full 12 months of 2021 were down -4.4% year-on-year to […]

Coastguard

Fishing boat sinks off Shetland prompting coastguard rescue of crew

A fishing boat off Shetland has sunk after colliding with another boat. Eight crew members were forced to abandon ship to a life raft after colliding with another vessel, prompting a Coastguard rescue operation. The boat sank 45 nautical miles southeast of Shetland around 12 noon on Thursday. HM Coastguard organized the rescue operation with […]

Shipboard

Alfa Laval participates in shipboard carbon capture effort

Alfa Laval will be a technology partner in the world’s first project to demonstrate end-to-end shipboard carbon capture at large scale Alfa Laval will be part of the project launched by the Global Center for Maritime Decarbonization (GCMD), Oil and Gas Climate Initiative (OGCI) and Stena Bulk to study the capture, storage and offloading of […]

Shipboard

Stena Bulk to equip tanker with onboard carbon capture system

Tanker shipping company Stena Bulk is launching a two-year, three-phase project to demonstrate carbon capture on board ships. The project, known as Realizing Maritime Carbon Capture to Demonstrate Capacity to Reduce Emissions, or Project REMARCCABLE for short, is launched with the Global Center for Maritime Decarbonization (GCMD) and the Oil and Gas Climate Initiative (OGCI), […]

Marine

NOAA Completes FVR-55 Operations in Marine Stratocumulus – sUAS News – The Business of Drones

ARTICLE AND FIGURES PROVIDED BY: KENNETH VIERRA (SCIENCE TECHNOLOGY CORPORATION/UXS RESEARCH TRANSITION OFFICE) AND PATRICIA QUINN (NOAA/PMEL) The scattering and absorption of solar radiation by atmospheric aerosol particles affects the Earth’s radiation budget, including cooling at the Earth’s surface (Intergovernmental Panel on Climate Change (IPCC) 2014 ; NOAA Science Council Fact Sheet). Aerosols, weather and […]

Shipboard

Stena Bulk and Alfa Laval test carbon capture on board MR tanker

File image courtesy of Stena Bulk Posted on October 5, 2022 at 7:07 p.m. by The Maritime Executive Stena Bulk has joined a project with Alfa Laval, ABS, Deltamarin and Dutch research organization TNO to test an end-to-end shipboard carbon capture and storage solution. It is the first pilot of its kind to incorporate onshore […]

Shipboard

Alfa Laval becomes a technology partner for carbon capture on board ships

Posted on October 5, 2022 at 2:32 p.m. by The Maritime Executive [By: Alfa Laval] Alfa Laval will be a technology partner in the world’s first project to demonstrate end-to-end shipboard carbon capture at large scale Alfa Laval will be a technology partner in the joint project launched by the Global […]

Shipboard

Raytheon to upgrade weapons aboard South Korean ships

The United States Navy called on Raytheon Missiles & Defense to Upgrade the computer-controlled, radar-guided weapon systems of South Korean surface warfare vessels. The $49 million deal, part of the U.S. government’s Foreign Military Sales program, purchases four MK-15 Phalanx Close-In Weapon Systems (CIWS) Block 0 to Block 1B Baseline 2. The systems upgrade will […]

maritime transport

Average personal loan rates: October 4, 2022

Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Average personal loan rates for borrowers with good credit scores (between […]

Coastguard

Coastguard welcomes ‘great opportunity’ to train with Royal Navy – The Royal Gazette

Created: Oct 04, 2022 12:17 PM The auxiliary ship of the British Royal Fleet FRG tidal force conducted drills with the Bermuda Coast Guard. Coastguard crews from the Royal Bermuda Regiment took part in a helicopter winching exercise thanks to a visit from a Royal Fleet Auxiliary vessel. The offshore training involved a Royal Navy […]

Seaborne

Satellite imagery shows China using civilian ferries in sea assault drills

Recent large-scale Chinese exercises simulating a possible invasion of Taiwan included one notable element: civilian ferries. These were placed offshore and used to launch and recover amphibious assault vehicles. In total, the People’s Liberation Army Navy (PLAN) used seven ferries in its exercises. The use of civilian ferries to reinforce military amphibious warfare vessels is […]