BWT Asia Pacific Market Booms
New 'Ballast Water Treatment Market in Asia-Pacific' reports 2011 revenues of over US$214.6-million estimated to reach US$3.63-billion in 2017. The ballast water…
New North American Maritime Personnel Recruitment Agency
Flagship Maritime Recruiting focuses on servicing the needs of maritime companies in the USA and Canada. Flagship Maritime Recruiting is founded by shipping professionals…
Propane Outboard Motor 'Breakthrough Award' for Lehr
Popular Mechanics award Lehr Inc. a 2012 Breakthrough Award for the first ever OEM propane-fueled outboard motors. The Popular Mechanics Magazine Breakthrough Awards…
Transocean's Brazil Offshore Injunction Partially Suspended
Petrobras announce the Supreme Court of Justice partially suspends the injunction ordering shutdown of Transocean activities. This suspension by the Supreme Court of Justice…
GOM Mission for New Research Ship
Schmidt Ocean Institute's 'R/V Falkor' to advance studies of artificial reefs, red tides & uncharted regions of the Gulf of Mexico. Scientists with the Harte Research Institute for Gulf of Mexico Studies (HRI) and the College of Science and Engineering at Texas A&M University-Corpus Christi will study the oceanography of the South Texas coast, including influences on the distribution of red tide while aboard the R/V Falkor later this month.
Aker Wins Statoil Subsea Trees Contract
Aker Solutions to supply Statoil with subsea trees & control modules for the Visund Field on the Norwegian continental shelf. The contract is for the supply of five…
ABS Nautical Systems Continues Growth in Greece
AB Maritime, Inc. a bulk carrier company based in Piraeus, Greece, will implement ABS Nautical Systems’ NS5 Enterprise fleet management software. The contract includes six vessels…
Simrad Yacthing Offers Wireless Networking Solution
Simrad Yachting announced the availability of its wireless networking solution, GoFree Wireless. Combining user-friendly mobile software and rugged marine-grade hardware, the GoFree Wireless solution consists of the GoFree Viewer and Control App, and the Simrad WIFI-1 wireless gateway. Enabling wireless connectivity between Simrad NSS Multifunction Displays (MFD) and tablets, mobile phones and computers, GoFree Wireless offers boaters an exciting new level of navigational control.
Iridium is Flying High Again
The fight in the maritime satcom sector is somewhat analogous to the one fought by Apple and Microsoft in the early ‘80s: two tech companies, polar-opposite philosophies and a raging battle for market share. Market watchers likely have noted an increased “competitive spirit” among providers of ship-to-shore communication services. • the need to keep crew content with Email, Internet & entertainment.
Austal Launches USNS Choctaw County
1 of 7 Navy Ships under construction at Austal USA. On October 1, 2012, Austal USA successfully completed the launch process of the second Joint High Speed Vessel (JHSV), the recently christened USNS Choctaw County (JHSV 2). This 103-meter high-speed catamaran represents the U.S. Department of Defense’s next generation multi-use platform. It is part of a 10-ship program potentially worth over US$1.6 billion.
3D Vessel Tracking: A New Course in Port Traffic Control
Marine operators and entities have long struggled with the most efficient, effective means to monitor and manage traffic in increasingly busy ports around the world. The marine industry, unlike the airline industry, is unique in that mixed with high levels of commercial traffic is a broad and ever changing mix of personal watercraft of varying sizes, with equal variables in terms of operator experience.
GD Wins $100m for Virginia-class Submarine Work
General Dynamics Electric Boat has been awarded a $100.4 million contract modification by the U.S. Navy to provide lead-yard services for Virginia-class nuclear-powered attack submarines.
VT Halter Marine Partners with DCNS for U.S. Coast Guard
VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), has announced its partnership agreement with DCNS to submit a proposal…
Horton Wison Deepwater Announces New President
Thirty plus Year Offshore Industry Veteran Joins Horton Wison Deepwater, Inc. Horton Wison Deepwater, Inc. announced the appointment of Gregory Navarre as President of the company and a member of the company’s Board of Directors. Mr. Navarre brings with him more than 30 years of relevant industry experience to his new role having previously served as Chief Operating Officer of the company, as well…
UK Cements Chinese Maritime Ties
The UK’s £2bn maritime services sector cemented its ties with China’s shipping industry at the 3rd International Shipping Strategic Development Forum in Shanghai organised by the trade promotional body Maritime London (21 Sept). With high profile support from the Lord Mayor of London David Wooton who opened the forum, the event was attended by 450 and brought together some of the UK’s leading maritime professionals and China’s shipowners and charterers.
Ambrey Risk Warns Against Relaxation of Vigilance
Following the report from the International Maritime Bureau announcing a drop in global piracy during the first half of 2012 there have been calls for shipping operators to avoid any temptation to relax their vigilance against the threat. Despite the reported reduction, attacks are still common with over 210 taking place around the world so far this year. The attacks by Somali pirates have spread to an even wider region with many taking place more than 1…
H2X Wins Contract to Build Second, Larger Survey Vessel
H2X, a member of iXBlue’s marine works division, has been awarded a contract to build a 43-meter monohull survey vessel by a Saudi Arabian university specializing in hydrographic and oceanographic studies. The vessel will be of a standard design with various modifications to meet defined operational needs. Constructed mainly from lightweight composite materials, the vessel will be propelled by two diesel and two classical shaft lines for transits…
FSO Africa Signs New Agreement
Euronav has announce that TI Africa Limited, the owner of FSO Africa, has signed a new agreement with Maersk Oil Qatar AS (MOQ) for the provision of FSO services…
Drydocks World Enters Into Shareholders Agreement
Drydocks World LLC (DDW LLC) & Pacific Carriers Limited (PCL) a fully owned subsidiary of the Kuok (Singapore) Limited Group has announced that they have entered into a Shareholders Agreement in respect of the Drydocks World-Southeast Asia Pte. Limited (DDW SEA) Group. Under this agreement which was signed on September 26th 2012, PCL acquired & subscribed to 67% of the shareholding of DDW SEA. DDW…
UK Urged to Change Capital Gain Calculation Methods
Moore Stephens calls for rethink on capital gains exchange rate distortions on ships. International accountant and shipping consultant Moore Stephens has urged the UK government to remove exchange rate distortions when calculating capital gains on ships. Moore Stephens tax partner Sue Bill explains, “Currently, all capital gains and losses subject to UK corporation tax are calculated by reference to sterling…
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