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Prevention at Sea (PaSea) is pleased to announce that two more maritime registries, Malta and Hong Kong, have recognised the merits of its oil record book software and approved its use throughout their fleets to help with the manual recording of Oil Record Book (ORB) entries.
ABS completed an in-depth techno-economic evaluation commissioned by Dorian LPG, evaluating compliance options for impending global sulfur cap requirements.
The Bomin Group, a leading global physical supplier and trader of marine fuels, today announced that it is now delivering Ultra-Low Sulphur Fuel Oil (ULSFO) to vessels calling in the Amsterdam-Rotterdam-Antwerp region (ARA).
Crosby Tugs selected the ABS industry-leading Nautical Systems (NS) mobile compliance software to enable compliance with Subchapter M regulatory requirements.
The developer of the barnacle-repelling antifouling ingredient Selektope® have become members of the non-profit organization Clean Shipping Index (CSI).
The Lloyd’s Register Safety Accelerator – established to solve some of the toughest safety and risk challenges by creating, facilitating and guiding collaboration between innovative technology companies and industry – has partnered with global innovation platform Plug and Play.
RS Components, the trading brand of Electrocomponents plc and global distributor for engineering and electronic components, is now trading directly with ship owners and operators the ‘Moscord way’.
Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group (Damen) have joined forces to introduce a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market using a Damen FCS 7011.
System Oil by Blending-on-Board’ a whitepaper which explores the many benefits for system oil that are conferred by the company’s SEA-Mate® Blending-on-Board (BOB) system.
As part of its continuous review of its marine lubricants logistics offering, Shell Marine has expanded its distribution network into New Zealand, also adding three new key locations to its delivery options – in Indonesia, Spain and Chile.
Watson Farley & Williams (“WFW”) has advised Burbo Extension Ltd (“BBE”), a joint venture between Ørsted A/S (formerly known as DONG Energy), Danish pension provider PKA and KIRKBI A/S, parent company of the LEGO Group, on the sale of transmission assets valued at approximately £193m to Diamond Transmission Partners BBE Ltd (“DTP”), owned by a consortium comprising Mitsubishi Corporation and HICL Infrastructure Company Ltd. The divestment took place pursuant to the Offshore Transmission Owner (“OFTO”) regime.
Following a competitive tender process, DTP were selected as preferred bidder for the BBE offshore transmission license by industry regulator Ofgem in July 2017. The assets acquired include the onshore substation, export cable and offshore substation of the Burbo Extension offshore wind farm, which is located approximately 7km off the North Wirral Coast in Liverpool Bay. The wind farm’s 32 turbines (constructed by Ørsted) supply CO2-free power equivalent to the annual electricity consumption of more than 230,000 households.
The WFW London team advising Ørsted was led by Partners Ravinder Sandhu (Energy & Infrastructure) and Chris Kilburn (Corporate), assisted by Senior Associate Sarah Williamson (Corporate) and Associates Craig Bruce and Tim Williams (Energy & Infrastructure), Rachael Davidson (Planning) and Andrea Bhamber (Corporate). Partners Simon Folley, Nick Walker and Richard Stephens advised on real estate, regulatory and health and safety, and tax matters respectively, with construction law advice provided by Senior Associate Emmanuel Ninos.
Ravinder commented: “We are delighted to have advised the Burbo Extension consortium comprising our long-standing client, Ørsted A/S, and its partners, PKA and KIRKBI A/S, on what is now WFW’s ninth completed OFTO sale. It is an extremely interesting time for the OFTO regime as the sector responds to recent developments, including the Ofgem consultation on Income Adjusting Events and subsequent consultation proposals for Future Tender Rounds. WFW is very much at the forefront of these developments and our experience will assist on managing the next tender round OFTO transactions that we are currently working on.”
The Directorate-General for Competition of the European Commission launched an evaluation process of the Consortia Block Exemption Regulation (Commission Regulation 906/2009).
After many months of discussions, the Isle of Man Government has reached a definitive agreement to buy the Isle of Man Steam Packet Company.
ABS, the American Club, and Lamar University are launching a new initiative aimed at reducing maritime-related safety incidents.
Our COO Adrian Economakis presented recently on the ‘The Strength of Recovery in the Shipping Markets’. Using VV data we summarises the Good, the Bad and the Ugly of the shipping markets.
As one of the major home-porting cruise line in Greece and the preeminent cruise line serving the Greek Islands and the Eastern Mediterranean, part of the company’s mission is to make a significant contribution to the country’s economy.
Season opener: Norwegian Breakaway departed Copenhagen for her maiden voyage through the Baltic Sea.
Celestyal Cruises today announced that Kyriakos Anastassiadis will conclude his term as CEO of the company on June 30, 2018.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) officially opened its second cruise terminal at the Port of Barcelona with an inauguration ceremony attended by government, business and community representatives.
The shipping freight market keeps surprising industry experts, and there are aspects of the shipping industry that are consistently moving to the center of the debate: shipping finance and new technologies have become mission critical concerns;
Rolls-Royce has been selected to supply its MT30 gas turbine to power a new class of frigates for the Japan Maritime Self Defence Force (JMSDF).
The Hellenic Gas Transmission System Operator (DESFA) has issued a tender for the construction of an LNG Truck Loading Station at the Revithoussa terminal. The bid due date is July 21st, 2018.
Rolls-Royce and Finnish shipowner Finferries have signed a collaboration agreement to jointly develop strategies and solutions to optimise the safety and efficiency of marine operations through developing the technology for decision supporting systems and to demonstrate remote and autonomous ferry operations.