Cargotec Wins IBJ´s Environment Protection Award

Cargotec’s MacRack solution for side-rolling hatch covers has won the International Bulk Journal’s (IBJ) environment protection award. IBJ Awards judges were impressed by the MacRack system, which is based on environmentally-friendly electric-drive technology that offers shipowners energy savings, and eliminates hydraulic oil leaks along with the need to fit hydraulic pipework on board.

Imtech to Supply ‘green’ Data Centres for BT

Imtech N.V. (technical services provider in Europe) announces that it will supply the technical infrastructure in ‘green’ data centres for BT in the Netherlands and BT in Germany. Imtech will provide a total solution on the basis of Design, Build & Maintain. CO2 emissions will be reduced by 40%. Imtech’s CEO René van der Bruggen:…

New Tactics help Pirates Capture Two More Vessels

Somali pirates have seized a Liberian cargo vessel and are believed to be holding its crew of 24 hostage. The European Union’s anti-piracy force, EU NAVFOR, said the pirates used small arms and rocket-propelled grenades to attack the MV Renuar about 2,000km off the Somali shores on Saturday. This was the second incident last week…

Emerson Introduces Fully Scalable Tank Gauging

Emerson Process Management’s new Raptor tank gauging system makes it easy to install the devices needed today and add or replace units in the future. This flexibility protects users’ investments so that refineries and tank farms can easily become and stay efficient. Additional benefits include lower installation costs, high accuracy, and built-in safety features.

2010 – STX Europe AS

STX Finland Oy and United Shipbuilding Corporation (USC) have formed a joint venture company, which will specialize in arctic shipbuilding technology. An agreement for the formation of the new company, Arctech Helsinki Shipyard Oy, was signed today in St. Petersburg in a meeting with the Russian Prime Minister Vladimir Putin and the Finnish Prime Minister Mari Kiviniemi.

S.Korean Trawler Sinks in Antarctica, 22 Feared Dead

A South Korean trawler sank suddenly and without warning off Antarctica Monday, killing up to 22 fishermen, with its owners saying it may have collided with an iceberg. Rescuers said the 22 men from the No. 1 Insung had no chance to don protective gear as they scrambled to escape the trawler and were presumed…

BIMCO – Reports on Tanker Market Segement

In the report it is mentioned that going into 2011 expectations are that demand will grow by 1.3-1.4 million (2.5%) barrels per day (m/b per day), this is down from the 2010-rebound growth that is estimated to be around 2.1 m/b per day (1.4%).