Safe Bulkers Plans IPO
anticipation of a planned initial public offering of its common stock. Safe Bulkers is an international provider of marine drybulk transportation services, transporting bulk cargoes…
Aker Solutions Wins FPSO Deal
"We are very enthused by winning the front-end design work for the Goliat Development Project; Goliat is considered a strategically important project for Aker Solutions…
Ulstein Design Wins Order for 12
Ulstein Design AS agreed with Guangdong Machinery Imp. & Exp. Co., Ltd. (GMG) to provide design services for 12 vessels of ULSTEIN A801 type. Ulstein Design has sold 60 ship designs since 2000. 25 are sold to Ulstein Verft in Norway. 35 are sold to shipyards in China, Spain, The Nederlands, Brazil and Dubai. “It has been a rewarding process to develop the ULSTEIN A801 design together with GMG, and we hope that this is the beginning of a lasting…
Braemer Rebrands Business Divisions
Braemar Shipping Services plans to rename companies within its group to create greater awareness of the breadth of its maritime services. business, will change to Braemar Falconer.
The “Near-Zero” Emission Tug
For the development of the Hydrogen Hybrid Harbor Tug, WorldWise Marine worked with Dutch tug operators Iskes from IJmuiden and Smit from Rotterdam, which are expected…
Superyacht Tech Set for SMM 2008
A number of the leading superyacht builders will be present at the SMM 2008. Lürssen is rated by the British trade magazine “The Yacht Report” as the world’s number one yacht builder…
Hitachi Completes Wärtsilä RT-flex CR Engine
Hitachi is the eleventh engine builder in the Wärtsilä family of engine licensees to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines.
TOTAL Increases Le Havre Options with New Barge
Total Marine Fuels has increased its bunkering capacity at the port of Le Havre and at the Port 2000 container facilities with the delivery of its new bunkering barge, FS Sara. At the same time, TMF is also making low-sulphur fuel oil available at the French port for the first time. The double-hulled seagoing FS Sara has capacity for 7,500 MT of fuel oil and 500 MT of MGO, and is to start work immediately.
SCI hosts MLC Roundtable
roundtable discussion on the U.S. 2006 (MLC). mechanisms for protecting seafarers’ rights. focused both how the MLC 2006 evolved, and the possible benefits and disadvantages of U.S. ratification.
ECO Orders 150-ton Offshore Crane
The three cranes are identical and belong to MacGREGOR’s well-known HMC 3568 series, with a 150-tonne single-line winch capable of working in depths down to 3,000m.
$29m in Grants for Port Security in Washington
The funding for these grants was included in the Fiscal Year 2008 Homeland Security Appropriations bill. Senator Murray, a senior member of the Senate Homeland Security…
Teekay Announces Dividend
Teekay Tankers Ltd. announced a cash dividend of $0.70 per share for the quarter ended March 31, 2008. This dividend is payable on May 30, 2008 to all shareholders of record on May 23, 2008.
Ananda Shipyard to Deliver First Ship
Putin Pushes Russian Shipbuilding Reform
Vladimir Putin reportedly has lamented the state of Russian shipbuilding, criticizing the pace of efforts to overhaul the industry, according to a recent AP report.
Energy Efficient Ships Addressed by GL
and operating ships efficiently. An efficient ship is profitable and environmentally compatible. efficiency. engages in the research and development of ship efficiency. Middle East / Africa.
Strategic Marine Wins Tug Deal
Western Australian shipbuilder Strategic Marine has broken new ground by winning a contract to build a 23.9m new generation compact tug – the first tugboat signing in the company’s history. The vessel, which has a 60 ton bollard pull, has been ordered by the Port of Napier – another breakthrough since the Port becomes Strategic Marine’s first New Zealand client. The steel vessel, which will have a deadweight of 105 tons and a free-running speed of 12 knots…
Wärtsilä Expands in Norway
Wärtsilä in Norway has experienced strong growth in recent years, particularly in the offshore segment, a target area on which Wärtsilä's Oslo team will be heavily focused.
Rigdon Christens Slap Shot
The Slap Shot is a 190 x 46 x 18-ft., diesel electric, DP-2 PSV, which features a capacity of 4,000 barrels of liquid mud in an oval, self-cleaning, segregated tank system.
Coast Guard, Sheriff Dept. Sign Agreement
The U.S. Coast Guard and Orange County Sheriff's Department (OCSD) signed a memorandum of agreement on Monday, May 12, 2008. The agreement delineates the specific responsibilities of each agency when responding to maritime incidents in Orange County, Calif. "The purpose of this mutual assistance agreement is to formally solidify the work we already do together in Orange County waters," said Capt. Paul E.
MJP Wins Record Order in S. Korea
The Coast Guard of Taiwan has recently taken delivery of CG hull 123 and CG 125, which form part of Taiwan's 500 ton project. These two new vessels were built by Jong Shyn shipyard and are equipped with 4 x MJP 850 jets provided by Sweden-based MJP Waterjets. Comparing these new waterjets with the CP propellers of the preceding conventional ship, the results are striking. The new MJP propulsion arrangement is said to cost 40% less…