Worst to come for FPSOs in 2015

This year is not promising for new FPSO contracts as the corruption scandal engulfing Petrobras and weak oil prices are likely to discourage oil companies from going ahead with final investment decisions, said IHS Petrodata in a recent report.
IHS Petrodata analysts Ang Ding-Li and Kelvin Sam
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IACS Acts on Software Safety

By MarEx 2015-05-06 21:08:36 Ships depend more and more on complex computer systems. When each system is isolated and serving only one function then a software failure can have only limited consequences. But when the systems become integrated the risk of a software failure bringing down the entire ship system or the risk of failures…

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Costa Concordia Ready for Last Journey

By Wendy Laursen 2015-05-06 20:36:08 Nine and a half months after arriving in Genoa, Italy, the Costa Concordia has been stripped of enough material to enable it to pass over the breakwater of the Prà Voltri Port to reach the Superbacino area for dismantling. There it will go to drydock for final decommissioning. The journey…

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Difficulties Ahead with IMO’s New GHG Study

By Wendy Laursen 2015-05-06 19:55:59 The IMO has released the Third IMO Greenhouse Gas Study 2014 report saying emissions from shipping have dropped; that’s the good news. IMO Secretary-General, Koji Sekimizu, says the mid-range forecasted scenarios presented in the report show that, by 2050, CO2 emissions from international shipping could grow by between 50 percent…

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The Lusitania Sinking: “Be British Boys”

By MarEx 2015-05-06 19:00:28 On May 7, 1915, the Cunard liner Lusitania was torpedoed and sunk by a German U-boat, causing the deaths of 1,195 passengers and crew. Thomas Snowden was a 30-year-old third-class passenger on board. He was British but was living in the United States and he wrote this a few weeks after…

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People Smuggles Arrested in Germany

German police arrested three men on Wednesday suspected of belonging to an organised criminal group that smuggles people from Africa to the European Union.

Around 7,000 migrants, most from Africa, were rescued from boats in the Mediterranean last weekend and around 900 drowned last month on a boat heading to Italy – all victims of people-smuggling operations. Other migrants endure dangers of another kind, smuggled over land routes via the Balkans.

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Carnival Continues to Grow Chinese Fleet

By Kathryn Stone 2015-05-06 14:05:56 A new vessel announcement by Princess Cruises Wednesday tops off a growing list of newbuilds set to operate in the booming Chinese tourism market. The 3,600 passenger – still unnamed vessel – is currently under construction by Italian shipyard Fincantieri and is set to debut summer of 2017. It will…

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US Navy Settles Environmental Violations

By MarEx 2015-05-06 12:13:14 A settlement between the U.S. Environmental Protection Agency and U.S. Navy will help reduce potentially harmful discharges of ozone-depleting substances and ensure the safe storage and disposal of hazardous waste at the Naval Station Norfolk in Virginia, where EPA alleges environmental violations occurred. Under the settlement, the Navy will pay an…

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