CSA Honors Foss Vessels
Sixty vessels owned by the Seattle-based Foss Maritime Company are being recognized by a major maritime organization for their standout environmental records. The…
World's First LNG Fueled Product Tanker
The Bit Viking is reportedly the world's first vessel in service whose main machinery has been converted to burn LNG as fuel. She is also the largest commercial vessel which is not an LNG tanker, to use LNG as fuel. After the conversion which was undertaken under the supervision of classification society Germanischer Lloyd (GL), the 25,000 dwt product tanker successfully completed sea trials. Owned by Sweden's Tarbit Shipping…
ABB: Onboard DC Grid Breakthrough
ABB secured a first order for its Onboard DC Grid concept, which was launched in May 2011. The company is to equip a newbuild Platform Support Vessel (PSV), ordered…
IHC Merwede Names New CEO for SE Asia
IHC Merwede appointed Denis Welch as its CEO for South East Asia. He will be responsible for helping the company to reinforce its regional identity and expand its…
Euroseas Announces Time Charter Extension
Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes…
Transas Rolls Out New FleetViewOnline
New version of Transas Marine FleetViewOnline 3.11 SSAS and Tracking service. In today’s world economy, fleet management becomes more and more essential where information is a key. In response to this, Transas Marine introduces a new version of its fleet SSAS and tracking service FleetViewOnline 3.11. FleetViewOnline 3.11 offers its users three alternatives for electronic charts presentation; Transas Marine proven TX-97 charts with worldwide coverage…
China Rules: Mammoth Vale Ore Ship Sits Idle
According to a report on Bloomberg, Brazil’s VALE may have made a very bad investment in one of the most heralded shipbuilding ventures of a generation. About three years ago the Brazilian mining giant announced its plan to build an impressive new fleet of up to 19 of the biggest bulk carriers in the world, signin a contact with Rongsheng Shipbuilding and Heavy Industries of China to build 12 carries valued at $ 1.6b to transport iron ore to China.
Trelleborg Develops IALA Compliant Nav Aids
Trelleborg Offshore, a global manufacturer of polymer and syntactic foam-based solutions for the offshore industry, has developed a complete range of IALA (International Association of Lighthouse Authorities) compliant Navigation Buoys and Lights. A unique alternative to traditional buoys, these new solutions offer the specifier significant total life cost-savings as well as improved reliability. The comprehensive range…
American Club Seeks Premium Hike
The American Club is seeking a 5% increase in all classes of premium (mutual and fixed-premium) for both P&I and FD&D for the 2012 policy year that starts on February 20 next.
ABB Azipod Efficiency Improved Again
Continuous effort to improve Azipod energy efficiency. ABB, a power and automation technology group, has announced that recent modifications to its Azipod propulsion unit fr ame design have seen hydrodynamic efficiency improved by more than two percent. The modifications include a newly optimized Azipod fin shape and a new pod cap structure, called Xtail. The revised fin structure receives water flow from the propeller at a new…
Cargotec Appoints Svennevig as VP
Cargotec appoints Tom Svennevig Vice President for MacGregor advanced load-handling business. Cargotec has appointed Tom Svennevig as Vice President responsible for the company's advanced load-handling business line as of 24 October 2011. Mr Svennevig is experienced in the offshore business, and he joins Cargotec from Aker Pusnes in Norway where he was Vice President, Deck Machinery. Mr Svennevig is based in Kristiansand…
Alternative Dispute Resolution Provisions
Do they save you time, money, and aggravation? Over the last decade, the legal community has embraced alternative dispute resolution modalities, such as mediation and arbitration, as tools to resolve disputes between litigants. Both of these options can be very effective in quickly resolving claims. That said, it is prudent to consider other methods before entering into any such agreement. Mediation and arbitration can be very positive for the company…
IHC Merwede Appoints South East Asia CEO
IHC Merwede strengthens its internationalisation strategy with new CEO for South East Asia. IHC Merwede, a global maritime, engineering and manufacturing group, has appointed Denis Welch as its CEO for South East Asia. He will be responsible for helping the company to reinforce its regional identity and expand its Asian-centred operations – which are focused on its offshore and marine activities. IHC…
STX, Eastern and Hornbeck to Build 8 OSV's
STX Marine (STXM) is pleased to congratulate Eastern Shipbuilding Group on the award by Hornbeck Offshore Services Inc. for the design and construction of eight STXM designed offshore support vessels. The SV300 and SV310 series vessels are derived from well proven designs recently delivered to the US Gulf Coast and they will have a deadweight of approximately 5500 LT and 6070 LT respectively. The vessels shall be designed to meet the requirements of the DP2…
Work Starts on World's Biggest Lock
Work Starts on the Biggest Lock in the World in the Port of Antwerp. In the Port of Antwerp the construction of the second lock on the Left Bank has officially started.
