Adonis Sells for More Than $1m
The U.S. Department of Transportation’s Maritime Administration has sold a ship from the Beaumont Reserve Fleet for more than $1million, the first time under the…
Teomaki Signs Contract with CST
has won a contract to supply their Ship Management System to CST – Chemikalien Seetransport GmBH. The contract is for the installation of the Teomaki.SM application containing fleet management…
RoRo Named and Launched
On March 14, 2008 the Naming and Launching ceremony of a new 3735 lane metres RoRo freight ferry took place in . She is the eleventh of fourteen RoRo vessels, which…
Swift Assists Vessel in Distress Off Liberian Coast
By Mass Communication Specialist 2nd Class Michael Campbell, Africa Partnership Station Public AffairsWhile transiting off the coast of Monrovia, Liberia as part of Africa Partnership Station (APS)…
John C. Stennis Underway as Major Maintenance Nears Completion
The crew of USS John C. Stennis (CVN 74) got the 90,000-ton nuclear powered aircraft carrier underway March 24, for the first time in almost seven months. Stennis…
JFK Towed to Philadelphia for Storage
The decommissioned aircraft carrier John F. Kennedy (CV 67) is scheduled to arrive March 22 at the Navy's Inactive Ships Maintenance Facility in for preservation and storage.
This Day in Naval History - March 25
1813 - USS Essex takes the Peruvian corsair ship Nereyda, marking the first capture by the Navy in the Pacific. 1898 - Assistant Secretary of the Navy Theodore Roosevelt…
Fairstar Fjord Gets DNV Certification
Cristijn Sarvaas, CFO, added "The time charter equivalent revenue for this contract is $81,000 per day for a period of 47 days. This is in line with the forecasts we have been sharing with the market and brings total confirmed gross revenue for the Fjord to over 15 million in 2008. Philip Adkins, CEO, said: "The conversion of the Fjord is now finished. On 27 March we will watch it depart over the horizon…
Aker Yards Sells Part of Merchant Biz
Aker Yards ASA sold 70 percent of the ownership in three of the yards within its business area Merchant Vessels to FLC West, a Russian owned investment company. When the deal is approved an consummated, Aker Yards will receive EUR 291.9 million from FLC West. Aker Yards ASA has three business areas; Cruise & Ferries, Offshore & Specialized Vessels and Merchant Vessels. The business area Merchant Vessels has shipyards in Florø, Norway, Nikolaev in Ukraine, and in Wismar and Warnemünde in Germany.
DSME Stock Up on Sale Talk
Reuters is reporting that shares in Daewoo Shipbuilding and Marine Engineering Co rose more than 3.5 percent after a local newspaper reported the shipbuilder could be sold this year.
Tanker Market Outlook 2008 – 2012
McQuilling Services has released its January 2008 Tanker Market Outlook for the period 2008 through 2012. The report, produced each year in January, presents a forecast for 10 trades in the five major tanker sectors through 2012. Six dirty trades and four clean trades are evaluated and discussed. Since a year ago the world economic outlook has changed significantly in the short term. Growth is expected to slow from 5.2% in 2007 to 4.8% in 2008.
Engineering Development Program Launched
As part of Crowley's overall commitment to recruiting, training and retaining a talented workforce, the company last year began a port engineer's development program to provide additional career growth to individuals choosing to make their career in the maritime industry. Crowley is confident that the program will address the shortage and need for specialized skills in port engineering and shoreside…
DDG 1000: The Transformation Begins
“It isn’t everyday we get to sign a contract to begin construction of a lead ship, but on Feb. 14, we met in my office and did exactly that, twice! Not one but two lead DDG 1000 ships will now begin construction,” said Rear Adm. Vic Guillory, the director for Surface Warfare. Two identical lead ships will be built by Bath Iron Works (General Dynamics) and Ingalls (Northrop Grumman). Bath Iron Works will build DDG 1000 and Ingalls will build DDG 1001.
Globalization Keeps Future Bright for Shipping
The economic storm signals are all around us: the wild swings in stock markets globally, the contraction of credit availability worldwide and the frequent use of the dreaded “R” word.
Jotun Sets Sales Record in '07
Jotun reported that high levels of activity worldwide in shipbuilding, oil and gas projects and a highly active construction industry in the Middle East made 2007 the company’s best year ever.
Carnival Uses Intersleek 900
International Paint completed a hull coating project on Carnival Cruise Line’s Carnival Victory. The seven-year-old Italian-built vessel, one of a fleet of 23 passenger liners, was coated with Intersleek 900 during a recent drydocking in the Grand Bahamas Shipyard in Freeport, Grand Bahama, in late 2007. Carnival Valor is was due to be coated with Intersleek 900 in early 2008. Intersleek 900 was chosen…
Hull Coating to Cut Maintenance Costs
Xiom's "stay-clean" coating for both steel and fiberglass boat bottoms significantly reduces maintenance costs and fuel consumption caused by marine growth. The…
The COFRs are Coming
On February 5, the US Coast Guard promulgated its long-awaited proposal for updating the Certificate of Financial Responsibility (COFR) program. Owners and operators of vessels over 300 gross tons operating in United States waters have been required to provide evidence of financial responsibility to respond to oil spills from their vessels since 1972. The program was significantly broadened with enactment of the Oil Pollution Act of 1990 (OPA 90)…
South Boats Launches Wind Farm SV
South Boats Special Projects Ltd. commissioned another Offshore Wind Farm Service Vessel for Offshore Wind Power Marine Services Ltd. of Conwy, North Wales for a long term contract with Dong Energy on Gunfleet Sands Offshore Wind Farm. 'Offshore Progress' is a first of class South Catamaran 47/15m Alloy Wind Farm Service Vessel and measures 15.7m length overall, 6.3m beam overall, has a draft of 0.9m and has a lightship displacement (including fluids) of 23.5 tons.
Exxon Valdez: March 24, 1989
On March 24, 1989, the tanker Exxon Valdez grounded on Bligh Reef in Prince William Sound, Alaska. The resultant spill of 11 million gallons of crude oil was not…
