New Shipbuilding Facility in Cape Town
Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group, opened its new premises at a ceremony held in Cape Town. Veecraft Marine has manufactured more than 60 maritime platform solutions in various classes since its inception in 2002, totaling more than $130 million of contracts. Leveraging its specialization in the construction of 20 to 30 meter vessels, the company has secured an order book valued at more than $13.5 million.
Steel Cut on De Beers Diamond Ship
Damen Shipyards Group and De Beers Marine Namibia (Pty) held a steel cutting ceremony to mark the beginning of construction on a new offshore crawler diamond recovery vessel for offshore operations in Namibia.At 177 meters (577 feet) long, the new vessel will be slightly larger than the current largest vessel in the De Beers Marine Namibia fleet, Mafuta (174 meters, 571 feet). Built from a Marin Teknikk design, the MT 6027, on-board features include a dynamic positioning system (DP2) based on a seven-thruster propulsion system powered by six generators of 3…
A Containership Goes Green With Vesconite
When the stern tube bearing on the 490' x 75' container ship M/V Marine Rickmers began to fail, Durban, South Africa-based Elgin Brown & Hamer (EBH South Africa) replaced it with state-of-the-art, pollution-free Vesconite. The innovative self-lubricating polymer is far superior to oil-lubricated lignum vitae, white metal and composite bearings, especially with the implementation of ever more stringent environmental regulations.Vesconite doesn't swell in water and machines to +/-0.001", so tight tolerances are always ensured.
VescoPlastics Celebrates 60
This year is the 60th anniversary of VescoPlastics and Vesconite, its first engineering plastic. The company's line of thermopolymers is used extensively in the marine, agriculture, heavy off-road equipment, pump, and hydroelectric and renewable energy industries.Founded by Alain Leger, an entrepreneurial engineer, Vesconite started in response to a need for an alternative to nylon bushings, which swelled and seized in humid underground mines. Years of testing resulted in a thermopolymer that had exceptionally low friction properties and could be machined to close tolerances.
Caterpillar Names Bonfield CFO
Caterpillar Inc. announced today its board of directors has appointed Andrew Bonfield as chief financial officer (CFO) effective September 1, 2018. Bonfield will succeed Brad Halverson, whose retirement became effective May 4, 2018.Bonfield brings more than three decades of financial expertise to the role, most recently serving as Group CFO and board member of National Grid plc, a British multinational electricity and gas utility company.Prior to Bonfield's eight years at National Grid, he was CFO at British confectionary company Cadbury plc.
Australian LNG-fueled RO/RO Enters Service
A brand new liquefied natural gas (LNG)-fueled roll-on-roll-off freight vessel, Searoad Mersey II, has commenced service from its home port Devonport, in northern Tasmania, Australia. Touted by Bass Strait shipping and logistics firm SeaRoad as the “cleanest, greenest freight ship ever to trade in Australian waters”, Searoad Mersey II is the first coastal ship in Australia to use LNG fuel-and-power technology and the first pure dry cargo ship in the world to use a roll-on roll-off LNG supply system.
IBIA: Bunker Market Opportunities in Africa
The bunker market in Africa is evolving, with real opportunities for those willing to invest time and resource to overcome the obstacles. Illicit activities and poor practices are becoming less common, regulation is increasing and quality of service is improving. However, the increased regulation has in some places reduced competitiveness and as a result, is restricting market growth. This was the conclusion of the speakers and delegates at the International Bunker Industry Association (IBIA) Africa Regional Forum held in Cape Town, South Africa last week.
$100M Tug Contract: Fourth Boat Delivered in South Africa
Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban. The tug – named OSPREY in honor of the fish eagle – will serve at the Port of Saldanha. In line with maritime tradition, the duty of officially naming the vessel was carried out by Lady Sponsor, Thandeka Mabija, who earlier this month was appointed General Manager for Human Resources at TNPA. TNPA Chief Operating Officer…
Pacific Nations Take a Stand on Shipping Emissions
On Earth Day, Pacific leaders queued among 175 countries to sign the Paris Agreement in New York. Earlier that day in London, the International Maritime Organization (IMO), the United Nations Framework Convention on Climate Change (UNFCCC)’s sister UN specialized agency, met to discuss shipping’s “fair share” in reducing greenhouse gases in a far less publicized and not nearly as successful climate change debate. Pacific and European nations have been pressing the IMO since before Paris to join the “coalition of higher ambition”.
Ecoslops Issues €5.5 Mln Bonds for Growth
Ecoslops, the first company to develop a technology to sustainably produce marine fuels from refined marine oil residues (‘slops’), has announced the successful issuance of ORNANE convertible bonds for the nominal value of €5.5 million. Following the commercial validation of its first micro-refining plant in the Port of Sinès, Portugal, the additional capital will be used to accelerate the development of new projects, while continuing to ramp up the initial operation to full capacity by the end of 2016.
Innovation Paving the Way for Marine Industry in 2016
From the price of oil to environmental regulation, 2015 was a year of turmoil and uncertainty for the marine sector. Despite this, there were some common global trends that will define 2016. In December 2015, world leaders met at the COP21 conference to discuss climate change. The event’s outcome marks a decisive move towards a low carbon future focused on achieving the agreed-upon world target of 1.5 degree climate change ceiling. Indeed, despite being the most carbon-efficient form of commercial transport…
GloMEEP Energy Efficiency Project Gets Underway
The first national workshop under the Global Maritime Energy Efficiency Partnerships GloMEEP), Project, which aims to support increased uptake and implementation of energy-efficiency measures for shipping, has been held in Georgia. Georgia is one of the Lead Pilot Countries for the project, which aims to build understanding and knowledge of technical and operational energy-efficiency measures to lead maritime transport into a low-carbon future. The national workshop in Batumi…
South African Boatbuilding: Tugboat Honors Mandela Birthplace
Transnet National Ports Authority announced a milestone in its $98 million tug building contract when the first of its nine new tugboats was launched at the Durban premises of contractor, Southern African Shipyards. “This is the largest single contract TNPA has ever awarded to a South African company for the building of harbor craft,” said TNPA chief executive, Richard Vallihu. The tug was named ‘MVEZO’ in reference to the small village in the Eastern Cape of South Africa where former President, the late Nelson Mandela, was born.
IMO Launches Low-carbon Project: GloMEEP
The Global Maritime Energy Efficiency Partnerships Project (GloMEEP), which aims to support increased uptake and implementation of energy-efficiency measures for shipping, was formally launched on Monday, September 28, in Singapore, at the IMO-Singapore Future-Ready Shipping 2015 conference. This Global Environment Facility (GEF)/United Nations Development Program (UNDP)/IMO project, formally designated “Transforming the Global Maritime Transport Industry towards a Low Carbon Future through Improved Energy Efficiency”…
Turbocharger Overhaul for Tidewater OSVs
Marine engineering teams from diesel power specialist Royston Limited have carried out the overhaul of turbochargers on two offshore supply ships operated by Tidewater Marine in the oilfields off the coast of South West Africa. Royston said its engineers completed the full overhaul of Napier NA297 turbochargers on the Melton Tide firefighting and offshore support vessel and the success of this work led to more recent service work being undertaken on the Netherland Tide, multipurpose support vessel.
9 Voith Schneider Tugs on target in SA Shipyards
Construction work on nine tugboats for Transnet National Ports Authority (TNPA) at the Southern African Shipyards premises in Durban is well under way. "This is a milestone project that reinforces the capacity and skill of South Africa when it comes to competing in the global shipbuilding industry," said Eugene Rappetti, senior manager for Marine Operations at TNPA. "Despite the challenges of energy disruptions, the project team is forging ahead and has made impressive progress, with around 11% of the fabrication and construction on the project completed thus far," he said.
TNPA’s Tug Project Going Full Steam Ahead
Transnet National Port’s Authority’s R1.4 billion contract to produce nine powerful tugboats is progressing on time and within budget at the Southern African Shipyards premises in Durban. “This is a milestone project that reinforces the capacity and skill of South Africa and indeed Durban when it comes to competing in the global shipbuilding industry,” said TNPA program manager Eugene Rappetti, Senior Manager for Marine Operations. “Despite the challenges of energy disruptions…
Pollet to Lead R&D at Coldharbour Marine
Coldharbour Marine Ltd. has appointed Professor Bruno Pollet to head its R&D department. Bruno Pollet moves to Linby, Nottinghamshire from the University of the Western Cape, Cape Town, South Africa where he was Professor of Energy Materials and Systems and Director of the National DST Hydrogen South Africa Systems Competence Centre, an industry led R&D group with an emphasis on prototype development and manufacturing. Pollet’s first task will be to recruit and build a strong…