ACP to Modify Pricing Structure
Panama Canal proposes tolls adjustments and creates new market segments to reflect real value of the route and better serve its customers.New market segments by vessel type are created and consultation period with interested parties begins. The Panama Canal Authority (ACP) Board of Directors approved a proposal to modify the Panama Canal pricing structure to align Canal toll charges with the value the route provides.
China Shipyard Denies Stories on Vale's VLOC Orders
China Rongsheng Heavy Industries denies a report distributed by Jinji Cankao Bao on its VLOC newbuildings for Vale S.A. China Rongsheng Heavy Industries Group Holdings…
Warship Received by Royal Thai Navy
The Royal Thai Navy has officially received the first Endurance-class landing platform dock ship, HTMS Angthong (LPD-791) at Laem Thien Port, Sattahip naval base in Chon Buri, Thailand. The design of the LPD is proprietary to ST Marine and is based on its Endurance Class of LPDs. The design is proven by the four 141m Landing Ship Tanks (LSTs) that ST Marine built for theRepublicofSingapore Navy.
LEEVAC Shipyards Contracted to Build TwoTugboats
LEEVAC Shipyards Jennings, LLC, Jennings, LA, has signed contracts with Bay Houston Towing Co. and Suderman & Young Towing Company, both of Houston, TX, to build…
Costa Concordia Salvage – Structural Integrity Key Says Expert
For more than 30 years, Resolve Marine Group has conducted hundreds of seafaring salvage and ship wreck removal operations. His company has responded to ship collisions, vessel fires and disabled, capsized and sunken vessels. Among Resolve's historic headline missions is the oil spill cleanup operation following BP Deep Water Horizon catastrophe in the Gulf of Mexico in 2010 and its recovery of the aircraft and human remains at the Value Jet Flight 592 crash site in the Florida Everglades.
Al Capone's Yacht in New Panama Canal Role
Some 270 ships pass each week through the Panama Canal, but one now gives tourists the chance to experience the storied waterway on the Isla Morada, Al Capone's legendary rum-runner…
More Ships to Bangladesh Shipbreakers
Chittagong-based ship-breakers imported 42 large-sized recyclable ships in February and March this year at a cost of US$ 45 million, according to Jasim Khan's news report in the Financial Express.
Ten Rescued in Pacific Fishing Vessel Blaze
The Coast Guard, U.S. Navy and Automated Mutual-Assistance Vessel Rescue System partners, coordinated in the rescue of 10 crewmembers forced to abandon ship due…
Thruster Mornitoring – New Solution by SKF
SKF list the following benefits: improved thruster and ship availabilty; extended class survey intervals; reduced need for dry=docking, and optimized thruster operation. The monitoring solution is based on enabling the potential monitoring of a wide range of data, including vibration, lubrication, process and electrical functions. This capability, combined with certified data analysis services available from SKF's ISO certified vibration analysis specialists worldwide…
Russian Warships Arrive in China for Joint Drills
"Each vessel was welcomed individually," Captain Roman Martov told RIA Novosti. The naval squadron, including the Varyag missile cruiser, three Udaloy class destroyers and three fleet support ships, will join 16 Chinese surface ships for drills in the Yellow Sea between Aril 22 and 27. "The exercises will involve several simulated missions, including the rescue of a hijacked ship, the escort of a commercial vessel…
Royal Caribbean Reports First Quarter Results
Royal Caribbean Cruises Ltd. Net Yields increased 7.0% on a Constant-Currency basis (+6.4% As-Reported). Consistent with prior guidance, approximately 350 basis…
Fire Protection – Inventors of 'COMFIRE' Acquired by PaR Systems
US-based PaR Systems Inc. acquires UK company Marine Systems Technology Ltd. PaR Systems, Inc. announces the purchase of Marine Systems Technology Ltd., a leading expert in lightweight composites…
Hapag-Lloyd Chooses Nigeria, Ghana Partners GAC
Leading global liner shipping company Hapag-Lloyd has signed an agreement with the GAC Group to handle their vessels calling at ports in Nigeria and Ghana. Under the deal, GAC will act as full liner agents for Hapag-Lloyd, actively selling its liner services in the region, as well as providing a range of shipping agency and complementary services for its fleet. The deal comes as part of Hapag-Lloyd’s strategy to develop and expand its presence in sub-Sahara Africa.
Wärtsilä Interim Report January – March 2012
"The year has started rather well with order intake increasing by 13%. Our profitability was 10.1% and we are well on track to reach our targets for this year. Our…
Offshore Salvage of Barge 100 ft Down Succeeds
Inland Salvage Inc. Inland Salvage Inc. recently conducted offshore salvage operations 40 nautical miles southwest of Eugene Island, LA, successfully raising an…
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