Analysis and modeling of the various dynamical system is a truly popular practice because the engineers must always have a proper understanding of how the engineering or physical systems would behave under particular circumstances. The content of this volume will be providing readers with the comprehensive and well-organized technical introduction to the established methods plus techniques that are commonly utilized for the translation of the physical problems into the math language, with both linear and non-linear systems being covered.

The publication has been deservedly treated as very practical because of the materials contained and numerous solved examples and summaries. The volume is covering virtually all aspects of the analysis/modeling of the dynamical systems, including the introduction to the Hamiltonian, Lagrangian, Bond Graph and Newtonian methodologies and illustration of the effective application of the differential equations to a broad range of mechanical and electrical, as well as other systems.

The authors have also set the most important features of the dynamics of the non-linear systems together with the establishing of the effective methodologies for the formulation of the discrete-time models. The publication will definitely be of great use for the students in various field of engineering and to the practicing engineers and researchers.

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The drilling and production conducted offshore have always been considered a highly complicated and also very technically challenging operations. With the rapid increase in the drilling activities seen in the late seventeens and early eighteens the demand for much more technically qualified and specialized personnel have appeared- there was a demand for the people who could properly design and execute all the phases of both drilling and production processes.

However, it has become very difficult for the people to get a proper general technical overview of the complete scope of the activities. The main intention of the present book it to try and present all interested readers with the detailed examination of the specialized modern techniques together with the designs and materials, providing the participants of the offshore industry with the comprehensive overview of drilling/production operations conducted offshore.

Nowadays, taking into account the constantly increasing demand for the oil, the offshore drilling and production activities concentrate in the increasingly difficult--to-access areas. The offshore oil wells are not considered novelties any more. In addition, the future technical developments in the field of oil recovery offshore will definitely bring even more changes o the production sciences that shall be taken into consideration by the designers...

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My topic today is the drafting of LNG charters. This may seem a bit of a dull topic but I would ask you to bear in mind that the charter hire for a new generation LNG vessel is around US$28 million per annum! Charters are often for 25 years, so it is important to get the drafting right.

This is obviously a big topic and I will therefore concentrate on certain areas - the type of charter used, the relationship between the Owner, the Charterer, the Builder and the Banks, particular points to look for in long term charters, and dispute resolution - always important to a lawyer, but also to the client. First of all a little background. LNG is a rapidly growing market and in the area which I have some particular expertise, Qatar, there are interests in over 75 LNG vessels both built and to be delivered in the next few years. Traditionally, LNG chartering was done on the basis of an individual project, the sale contract was entered into between the Seller and the Buyer, LNG vessels were built to service that particular project and were on long term charter to the Charterer or an Affiliate of the Charterer.

That has now begun to change, although I, personally, think it a little too early to talk about there being a spot market for LNG. There are now Contracts of Affreightment, short term time charters, voyage charters, cargo swaps and single cargo contracts. However, I think that the focus is still on the long term time charter and therefore that is what I am going to talk about today.

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The DNV publication was issued in September 2013, it contains current and historic changes to statutory interpretations and supersedes DNV Statutory Interpretations dated February 2013. The SOLAS interpretations stated in this document cover construction, lifesaving arrangement, fire detection, protection and extinction, IMSBC and FSS Codes, GMDSS, ISM Code, safety of navigation, special measure to enhance maritime security, management for the safe operation of ships, acceptance and test criteria for water mist sprinkler system fitted in accommodation and service spaces.

The present publication is intended to present the DNV's interpretations of the various international statutory documents. Subject interpretations have been provided for the cases where there is no IACS UI or no any other interpretations. Note that this document covers only some selected relevant topics and must not be taken as the complete interpretations of DNV to international statutory instruments. In the cases where this Classification Society acts on behalf of the Flag, international statutory instruments, IACS UIs and our statutory interpretations shall be followed; any guidelines issued by IMO shall also be taken into account.

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Well, last year has proven to be very difficult for the offshore industry all around the world. However, this year have been predicted to be ever more challenging for all of us. The cost saving affects the oil and gas exploration and production activities, and the demand for the offshore supply and support ships is reducing. In some areas the percentage of the laid-up fleet reaches unbelievable ten percent.

The low oil prices force charterers to focus on reducing their costs. In the present release readers will find some interesting articles explaining how the three major factors, i.e. safety, availability and reduced cost may be combined. It shall be noted that operational savings are not only coming from onboard activities but rather from proper planning of various related activities, effectiveness of logistics and some other factors. One will have to perform quite a deep analysis to find out how to reduce the consumption of fuel and get to know how new technologies may help in improving the operational performance of the vessels.

In addition to all above, this publication contains some recommendations on improving the performance of the OSVs, managing proper lay-up of the ships, addresses some economical and business aspects etc.

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Another official publication released by DNV GL. We all know that the new Rules for container vessels have been developed and published by this class society recently. This booklet provides readers with the very latest updates in the shipping industry, directly relating to the container vessels.

There are some informative and interesting interviews with the recognized shipping industry professionals, valuable technical information and statistics that will let you have the general picture of the shipping industry in general, and container transportation industry in particular, and make necessary analysis, if required. ULCS - the next generation will be Suezmax; Be the best at building container ships; Maersk Line implements ShipManager; Concept design assessment; New DNV GL Class Rules for Container Ships; WIV class notation; Whipping - simulation based analysis; Fire safety of container ships - an area of concern?; Experts on line 24/7; Successful surgery; New version of ECO Insight; Raising The AIS Data Treasure; Energy efficient operations - what matters; ECO Retrofit service; LNG-fuelled turbine-powered mega box ship study; Recent deliveries. Well, you can see yourself the value of this booklet yourself, believe it is worth having a look at.

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Another official release by DNV GL Class Society. The authors of this publication included the very latest updates to the statutory requirements that are applicable to tankers, information about the IACS CSR for oil tankers/bulk carriers, vetting compliance support, carbon future prospects, newbuilding specification services, the situation on the crude oil market, etc.

The present release of the Tanker Update is coming with the regular self-explanatory motto "Expertise is knowing which details make all difference". Inert gas - Stability - ODME type-approved for bio-fuel blends - What is IACS CSR? - Consequences - PSC inspections and deficiencies - Top ten deficiency main categories and types in all visited ports - Deficiency ratio trend and benchmark - Review of technical specifications - Alternative fuel options - International regulations by IMO. There many serious changes that have been happening to the tanker market during past months, most of them caused by the significant drop in the oil prices.

It seems that, most probably, we are not going to experience any increase in the new construction market in the nearest future - this is the reason why we would better concentrate on improving the utilization rate for the existing tanker fleet. And, in turn, this is exactly what the present DNV GL publication is about.

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In the present issue of the popular "Bulk Carrier Update" publication officially released by one of the recognized and respected class societies in the world, DNV GL, the team of the authors wanted to focus on ship design matters. They decided to interview some of the experienced players of bulk carrier design field who have been working over the past several years in order to check their professional opinion regarding the various important processes that are currently taking place.

These people were kind enough to share their views on the current design trends. In addition to the ship design issues, the publication also provides some regulatory update and necessary information on the current operational challenges such as financing, cargo liquefaction etc. Among the topics included in the present release there are also new construction specification services, emission limits, fuel changeover, liquefaction of the cargo, new AIS Business Intelligence Service introduced and explained, some questions answered by the DNV GL professionals, etc. In fact, all latest developments that took place in the industry have found their reflection in this publication, making it very interesting and useful for the both newcomers and pro's due to the amount and topicality of the information provided.​

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