COMPANHIA BRASILEIRA DE OFFSHORE

UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the Egyptian authorities for almost $600 million to free the vessel and cover related losses was still "exceptionally large".The Suez Canal Authority (SCA) adjusted its claim from an initial $916 million in an effort to settle out of court, SCA head Osama Rabie told private TV network MBC Masr on Saturday.The Ever Given, one of the world's largest container ships, was jammed across the canal for six days from March 23, stopping traffic in both directions.

New legislation introduced in the wake of the fatal Seacor Power tragedy would require commercial vessel owners to provide timely notifications to crew members’ families throughout search and rescue operations.The Vessel Response Plan Improvement Act was introduced by Sen. John Kennedy (R-La.) after the 234-foot lift boat capsized in the Gulf of Mexico with 19 crewmembers on board last month. Six crew members were saved, and the bodies of six deceased personnel were recovered in the days following. Seven remain unrecovered after the Coast Guard called off its search on April 19.

Despite the escalating COVID-19 crisis unfolding across the sub-continent, ship recycling markets have remained remain firm.India has been hardest hit by this second wave of COVID-19, and the country is now recording over 400,000 new daily cases and more than 4,000 deaths. Pakistan, Bangladesh and Turkey are also recording increasing cases. Bangladesh has extended its nationwide lockdown for another week, while the worst hit states in India are putting their own measures in place, in the absence of a government mandated nationwide lockdown.

Bureau Veritas (BV) said it has been working with GILLS PTE LTD in Singapore to assess the performance of its air lubrication system designed to improve ship efficiency and decrease fuel burn by reducing the drag of an underwater hull.  GILLS, which stands for gas injected liquid lubrication systems, deploys NACA profiles to create self-generating micro-bubbles for ‘turbulent modulation’ which has a ‘hull-tightening’ effect, reducing drag and energy requirements. The self-generating nature of micro-bubble clouds with no requirement for air-compression and additional energy requirements is one of the features of the GILLS system.

Superior Industries, a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, recently developed a new model TeleStacker Conveyor for loading dry bulk cargo ships. This multipurpose, highly mobile conveyor incorporates truck unloading and ship loading capabilities into a single machine.“Since expanding our TeleStacker Conveyor to marine-based applications in the early 2000s, we’ve collected hundreds of data points, design preferences and functional requirements from operators and engineers,” said Scott Gulan, sales manager at Superior.