Lloyd's Register: Safety Alert
Safety alert: Gard Loss Prevention Circular No. 02-12 – Fire Prevention in Engine Rooms. The marine insurer Gard AS has recently issued Loss Prevention Circular No. 02-12, which contains important fire safety information relevant to all ships.
Trelleborg Offers subsea Insulation Improvements
Trelleborg Offshore develops next generation subsea thermal insulation. Trelleborg Offshore has developed the next generation of its popular Vikotherm subsea thermal…
Titanic Replica Planned by Australian Billionaire
Palmer has signed a first-stage agreement with Nanjing- based CSC Jinling Shipyard to build the ship as part of a planned fleet of luxury liners, according to a Bloomberg news report.
DNV Acquires Oil Spill Company NPS
The Arctic has large oil and gas resources and operations in this sensitive and harsh area will require efficient oil-spill preparedness solutions. “The acquisition…
Deep Submersible Consultancy Contract Awarded
OceanWorks International has been awarded phases 1 and 2 of a 3 phase contract by Woods Hole Oceanographic Institution (WHOI) to assist with the re-certification of life support systems on the Deep Submergence Vehicle Alvin (DSV Alvin). Certification for manned diving operations will be provided under the authority of the U.S. Navy’s Naval Sea Systems Command (NAVSEA) and the American Bureau of Shipping (ABS).
China Rongsheng & DNV Sign Agreement
China Rongsheng Heavy Industries has signed a classification agreement for ten157,000 DWT suezmaxes and a senior management conference was also held in conjunction with this agreement. China Rongsheng and DNV have had a strategic partnership for some years. The newly-signed classification agreement for the ten 157,000 DWT suezmaxes not only strengthens the partnership between the two parties, but also…
First Foreign Visit for a Littoral Combat Ship
The littoral combat ship USS Independence (LCS 2) has left Manzanillo, Mexico, concluding the ship's first foreign port visit since its commissioning. Independence and embarked Mine Countermeasures Detachment One sailors visited Mexico while on the ship's maiden voyage to its homeport of San Diego, marking the first foreign port visit by any Independence-class ship. While in port, Independence…
Ship's Crew of Syria Weapons Ship to be Held
Military Prosecutor Judge Saqr Saqr has ordered that the 11-member crew of the ship “Lutfallah II,” which was carrying weapons allegedly bound for Syria, be held for questioning…
Lockheed Martin Show Growth in Q! 2012 Results
Lockheed Martin Corporation (NYSE: LMT) reports first quarter 2012 net sales of $11.3 billion compared to $10.6 billion in 2011. Earnings from continuing operations…
SAI Corp Gets Large SPAWAR Government Contract
Science Applications International Corporation announced it was awarded a prime contract by the U.S. Space and Naval Warfare Systems Command (SPAWAR) to produce…
Container Shipping Conference – Shanghai Agenda Promulgated
Drewry Shipping Consultants estimate that container shipping lines collectively lost $5.2 billion in 2011. To thrive in 2012, the industry will have to tackle declining…
Horizon Lines Reiterate Support for Jones Act
Horizon Lines, Inc. today issued the following statement from interim President and Chief Executive Officer Stephen H. Horizon Lines is, and always has been, a very staunch supporter of the Jones Act and all of its requirements. The Jones Act stipulates that cargo shipped between two U.S. ports must be transported on vessels that are American-made, American-flagged, at least 75% American-owned and predominantly American crewed.
Euro Tech Announce 2011 Results, Still Investing in BWTS
Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2011 ("Fiscal 2011"). The Company's…
Piracy in West African Waters on the Increase
One hundred and two incidents of piracy and armed robbery have been reported for the first quarter of 2012, with dangerously increasing numbers in West African waters…
Port Design – Singapore Invites Entrants for US$ 1M Prize Competition
Performance, productivity, sustainability - achieve these three targets in order to win the Next Generation Container Port (NGCP) Challenge's top prize of USD1 million.
DP Vessel Operation – Safe Towing Guidance
New guidance has been produced by the International Marine Contractors Association (IMCA) on the use of ‘hold-back’ vessels during diving operations. These are towing…
Shipwreck Explorers Funded for Excavations of Historic Ships
Odyssey Marine Exploration, Inc. deep-ocean shipwreck explorers, announce it has delivered an additional closing notice for the Second Tranche of the financing…
KVH Industries Report Q1 Results, VSAT Business Growth
"We had a great quarter in our satellite business," said Martin Kits van Heyningen, KVH's chief executive officer. "Revenue from the mini-VSAT business grew 61%…
Offshore Chemical Storage Okayed by Australian Authorities
A shipload of potentially explosive chemicals sitting off Newcastle, New South Wales, was given the all-clear by a federal agency, the NSW government says, according…
Improved Information Flow for Shipping Clients by Data2Logistics
Global freight bill processor, auditor and advisor Data2Logistics announce the launch of their Claims & Audit Review System (CARS), improving information flow for shipping clients.
