Zentech Acquires Derrick Barge 23, Renamed ZEE RIG 3
Zentech, Inc. has acquired the former Derrick Barge 23 and renamed it ZEE RIG 3. āWe intend to upgrade the vessel in two phases, first for use as a crane barge with increased lifting capacity, and later as a much larger self-propelled jackup vessel for wind farm installation service,ā said Zentech President Ramesh Maini. The vessel is being prepared for conversion work at a Gulf Coast shipyard. The vessel was purchased from Bohen Crane and Equipment Repair LLC.
S. Korea Still Dominates World Shipbuilding
While China has aggressively built its shipbuilding infrastructure in the past 10 years, the most important number, top winner in contract value, still remains the domain of South Korea, which has reportedly logged $37.8b in orders thus far in 2011 vs. China's $10.3 billion, according to a report today on www.businessweek.com. The evolution of the Chinese shipbuilding industry is actually akin to the development of a shipbuilding nationā¦
This Day in Navy History
1918 - Naval Aviators of Marine Day Squadron 9 make first raid-in-force for the Northern Bombing Group in World War I when they bombed German railroad at Thielt Rivy, Belgium.
APL Named Best Global Ocean Carrier
International maritime experts named APL the worldās best shipping line, and honored it for outstanding innovation. The Singapore-based container carrier receivedā¦
Dockwise Vanguard Books Second Journey
Dockwise announced its second project for the new-build vessel Dockwise Vanguard. Directly following the transportation of the Jack & St. Malo platform to the Gulf of Mexico in 2013ā¦
New Orleans: Right Venue at the Right Time for IMCA
Delegates from all over the world will be gathering in New Orleans in a matter of weeks for the 19th Annual Seminar of the International Marine Contractors Association (IMCA). With its theme āThe Future of Marine & Subsea Operationsā, the two day event gets off to a flying start on Wednesday 9 November with a powerful keynote address session involving five key players in the industry addressing the seminar theme ā to be followed the next day by a BOEMRE keynote address.
Navis DP1 Systems for Nine Damen Crewboats
Finnish DP (dynamic positioning) systems supplier Navis Engineering has been contracted by Dutch integrator Alphatron Marine to supply nine DP1 systems for the innovativeā¦
Another RoCon design from Knud E. Hansen
Recently the French operator Compagnie Maritime Nantaise (CMN) signed a contract with Hyundai MIPO, South Korea for two new RoCon vessels with an option for a third unit. Knud E. Hansen A/S has worked closely with CMN over the past year to develop the design. A number of design options were studied taking into due consideration the operational requirements of CMN and physical constraints in the operating areas including size limitations, limited port facilities, etc.
Hellenic War Risks Club at 50; Reports $68.6m in Reserves
Piracy remains a major issue, especially for Greek owners, says the Club. The Hellenic War Risks Club is celebrating its 50th year of operation in 2011. The Associationās founding Directors, which included J C Carras, J E G Kulukundis, C M Lemos, D J Chandris and F P Lykiardopulo, recognised a need for Greek shipowners to come together on a mutual basis to provide the most competitive war risk insurance premiums, which, at the time, were difficult and expensive to obtain.
IMCA Publishes DP Station Keeping Incidents 2009
Input for next report is requested. The sharing of information on incidents is essential as an aid to improved safety, with each one improving the knowledge base of other organisations undertaking similar activities. This is why the International Marine Contractors Association (IMCA) publishes an annual report on dynamic positioning (DP) station keeping incidents. The report on incidents in 2009 hasā¦
Cargotec Wins U.S. Port Automation Contract
Cargotec has won a contract to supply ten state-of-the-art Kalmar automatic stacking cranes and 17 customer specific automatic shuttle carriers to leading terminal services' provider TraPac Inc, in Los Angeles, USA. The equipment will be delivered to TraPac Inc, a subsidiary of Mitsui OSK Lines, in 2012 and 2013. The parties have agreed not to disclose the value of the order. The order has been booked in the third quarter of 2011.
Diamond S Shipping Completes 30-Tanker Acquisition
Diamond S Shipping announced today that it has completed the acquisition of 30 medium-range product tankers and related charters from Cido Shipping of Hong Kong.
MetalCraft Unveils First Electric Powered Patrol Boat
Patrol Boat-1 is really the first, the first ever electric powered patrol boat. MetalCraft Marine designed and built the boat for the City of Annapolisā Harbormaster. The boat utilizes a Steyr hybrid diesel/electric engine that permits either electric power or for higher speeds, diesel power. The propulsion is a Hamilton 274 waterjet. The jet can propel the boat in electric patrol mode at 4.5 knots, as it approaches and checks boats in the harbor ensuring anchoring permits are valid.
Global Floating Production Spend To See Huge Growth
Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report. their fleets of floating production systems.
Saipem Buys into Brazil
Saipem has agreed the acquisition of 100% of TPG (Terminal Portuário de Guarujá S.A.), a company which fully owns, as a perpetual concession, an area of 35 hectares in Guarujáā¦
OMM Completes Cable Work at Greater Gabbard
Offshore Marine Management (OMM) has completed a contract with Fluor for the installation of 36 inter-array cables at the Greater Gabbard wind farm. Originally contracted to install 29 cablesā¦
NOAAās Newest Chart to Support Puerto Rico Maritime Economy
The Port of San Juan, which is experiencing a tremendous growth of maritime traffic and planning for more, received an additional economic boost today when NOAAā¦
Tugboat Capsizes in Hudson River
According to a report on www.cliffviewpilot.com a tugboat capsized Thursday, October 13 in the Hudson River off New York City after hitting into a vessel off Pier 90 near the Intrepidā¦
Moore Stephens Welcomes UK Tonnage Tax Revision
Accountant and shipping adviser, Moore Stephens, has welcomed the decision of Her Majestyās Revenue & Customs (HMRC) to revise, as promised, its UK Tonnage Tax Manual to at least partly restore, on an interim basis, the pre-2009 interpretation of the strategic and commercial management tests. Moore Stephens has been working for some time with the shipping industry, and in particular with the Chamber of Shippingā¦
MSG Contracts with Imtech to Cover ECDIS Training
MSG MarineServe GmbH contracts with Imtech Marine to cover their ECDIS training requirements worldwide. MSG is pleased to announce that it has reached agreement with Imtech Marine for the provision of ECDIS training services worldwide. Imtech had already reached agreement with MSGās sister company, Safebridge, in March 2011 to entrust them with the creation of an E-learning training platform linked to their own ECDIS software for internet deliveryā¦
