Braemar Announce Year Financial Results
"This has been a challenging year for shipping with a significant surplus of tonnage in many sectors. While activity remained strong, chartering rates and vessel…
Sanlorenzo Introduce ‘Experienced Yachts’ Program
Italian motorboat builder Sanlorenzo has presented its first comprehensive program dedicated to the management of pre-owned boats, called ‘Experienced Yachts’. The program includes severe controls…
COSCO Says Vale Giving its Bulkers the Cold Shoulder
Bloomberg News reports that China Ocean Shipping (Group) Co., the nation’s biggest operator of dry-bulk ships, has said Vale SA (VALE3) was refusing to use its…
Norwegian Cruise Lines Keel Laying Ceremony
The keel laying of the cruise ship with the yard number S.678 was celebrated at the Meyer Werft shipyard recently. The first of 73 blocks of the 144,000 GT vessel was lifted into the covered building dock II. In the dock, Kevin Sheehan, Norwegian Cruise Line’s CEO, laid the traditional "lucky coin", before the block was put down by the 800-ton crane. The ship's first block that weighs more than 350 tons marks the start of the ship's construction in the yard's building dock.
Fairly New USCG Cutter Needs Hull Repairs
New U.S. Capt. Charles Cashin, who commands the Coast Guard’s newest national security cutter, the Stratton, said he called in engineers last month when his crew…
UK Warships in Multinational Gulf of Oman Exercises
Two British warships joined those from the USA, Saudi Arabia and Pakistan - including an old Royal Navy favourite - for the war games in the Gulf of Oman. In the seemingly ever-present haze of the Gulf region, a Trafalgar Class submarine (T-boat) and an approximate American counterpart, USS Pittsburgh, led a seven-strong naval task group as the exercise drew to a close. Exercise Arabian Shark 2012…
High-speed Craft Operator Fined in NZ
A high speed vessel operator's failure to investigate and address the causes of a series of serious back injuries to passengers has earned it a conviction, fines and reparation totalling $270…
New Straddle Carriers for DP World Melbourne Terminal
DP World has announced a significant boost to DP World Melbourne's capabilities with the first eight of 16 new energy-efficient straddle carriers starting operations.
Name Chosen for Next Arleigh Burke-class Destroyer
The name of Thomas J. Hudner Jr., has been chosen to honor a naval aviator who retired as a captain and received the Medal of Honor from President Harry S. Truman…
Kongsberg Report Solid Performance in Q1 2012
“The Group is off to a satisfactory start for the year. It is especially gratifying to see that Kongsberg Maritime's 'Full Picture' strategy generated substantial new orders during the quarter"…
Hyundai Heavy Industries Q1 2012 Report
Hyundai Heavy Industries (HHI), the world's largest shipbuilder, has its net profit slashed by more than half in the first quarter as newbuilding orders dipped,…
Fuel Injection Services – Customer Online Info System
With the ever increasing fuel costs and the constant pressure to reduce emissions throughout the world, it is becoming increasingly important for fuel injection…
Explosive Ordinance Disposal Expert Joins ROV Company
Retired US Navy EOD expert, Mark W. Mark W. Fleming has been appointed to the newly created position as VideoRay LLC’s Business Development Manager for Military and Government sales. He will be responsible for building on VideoRay’s extensive network of underwater solutions for Ship Hull Pier / Dock Inspection and Response. VideoRay underwater Remotely Operated Vehicles (ROVs) are the most popular systems worldwide for “micro or mini” sized remotely operated vehicles.
CSA Contracted for Electronic, Communications Services, to US Military
Client Solution Architects LLC (CSA) announce the award of an indefinite-delivery/indefinite-quantity (IDIQ) contract, to provide electronic and communication services…
World Superyacht Award Winners 2012
Superyacht industry people gathered at the Çırağan Palace Kempinski, Istanbul, Turkey recently for the seventh annual World Superyacht Awards, which honour the finest new superyacht builds delivered to their owners in the past 12 months. Tango: Motor Yacht of the Year, sponsored by Camper & Nicholsons International. The 77.7m yacht was built by Feadship and styled by Eidsgaard Design. Vertigo: Sailing Yacht of the Year, sponsored by Proteksan Turquoise.
International Shippers to Address Anti-corruption Measures
U.S. Anti-corruption enforcement is on the rise in the United States and worldwide. International traders, as well as transportation and logistics companies, have…
COSCO Group (Singapore) Report Decline in Bulk Shipping, Shipyard Revenue in Q1
Against the backdrop of a difficult business environment, the Group achieved turnover of $978.7 million with a net profit attributable to equity holders of $27.8 million.
Remontowa Group Opens Service Centre in West Africa
Remontowa Group are commencing operations in West Africa providing direct access to Remontowa's experience and know-how for owners and operators of offshore support vessels.
Donjon Refloats NY Car Ferry
Donjon Marine Refloats car ferry GOV. HERBERT H. LEHMAN. After a competitive bidding process, in late March 2012 Donjon Marine was awarded a job to refloat the 277-foot Ex-Staten Island, NY car ferry Gov. Herbert H. Lehman. The vessel sank in the Hudson River while in layup in Newburg, NY. After almost four weeks of patching and test-pumping the submerged hull, and with the use of Donjon’s 1000-ton capacity Derrick Barge Chesapeake 1000 to stabilize the vessel during refloating…
Battelle Wins $15 Million USACE Contract
Five-year contract provides environmental expertise for maintaining the nation's waterways. Battelle has won a five-year, $15 million contract to support and consult with the U.S.