BV Classes World's Largest Containership
Bureau Veritas has classed what is currently the largest containership in the world. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea for French operator CMA-CGM, CMA CGM Marco Polo is the first in a series of three 16,000 teu vessels which will each be named after great explorers. The CGM Marco Polo - 396 metres long and 54 metres wide with a draft of 16 metres - is equipped with the latest cutting-edge environmental technology.
Short List Announced for the 2012 International Seafarers' Welfare Awards
The International Seafarers' Welfare Awards, aimed at show-casing best practice in seafarers' welfare in the maritime industry, will take place on November 28, 2012 at the IMO in London.
OceanWorks Receives Highest Marks from USN
OceanWorks International has again been authorized by the U.S. Navy’s Naval Sea Systems Command (NAVSEA) Note 5000 to perform Deep Submergence Systems Scope of Certification (DSS SOC) work in support of designated submarine rescue and intervention systems. The authorization is a renewal of the existing Note 5000 authorization which has been held by OceanWorks International since September 8th, 2011.
FGH Expands Marine Insurance Capabilities
Fidelis Group Holdings LLC Announces Additional Excess Marine Liability Capacity For The Maritime Industry. Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd., a leader in providing Marine Insurance coverages and services, announced today details of their new $25,000,000 Excess Marine Liability facility for the maritime industry. The insurer for the program is Houston Casualty Company (NYSE: HCC) rated A+ by A.M. Best.
Vendée Globe, Everest of Yachtsmanship, Underway
The Vendée Globe 2012-2013, is a round-the-world single-handed yacht race, sailed non-stop and without assistance, a serious test of endurance. The race started last Saturday and finishes in Les Sables-d'Olonne , in the Vendée département of France ; both Les Sables d’Olonne and the Vendée Conseil Général are official race sponsors. The course is essentially a circumnavigation along the clipper route : from Les Sables d’Olonne…
Buccaneer Updates Alaska Jack-up Rig Work Progress
Work on the 'Endeavour' rig by local contractors in Homer nears completion prior to deployment for shallow water drilling off Alsaska coast. Before its acquisition in November 15, 2011, the Endeavour had been idle for several years, and Buccaneer and its venture partners, AIDEA and Ezion, deemed it necessary to complete extensive upgrades and repairs to ensure that the rig was ready for safe, long-term operations in Alaska.
MTN Renews Cruise Line Communications Contract
MTN Satellite Communications (MTN) contract with Norwegian Cruise Line extended 5 years. The contract is for VSAT communications, crew calling, Internet services, access to MTN Worldwide TV™ and related services around the globe. MTN will continue to provide its communications solutions to the entire Norwegian fleet, including its newest ships, Norwegian Breakaway and Norwegian Getaway, launching in 2013 and 2014 respectively.
OceanWorks USN Authorized for DSS SOC Work
OceanWorks International again receives authorization from U.S. Navy to perform Deep Submergence Systems Scope of Certification (DSS SOC) work. OceanWorks International has again been authorized by the U.S. Navy’s Naval Sea Systems Command (NAVSEA) Note 5000 to perform DSS SOC work in support of designated submarine rescue and intervention systems. The authorization is a renewal of the existing Note 5000 authorization which has been held by OceanWorks International since September 8th, 2011.
Fold-up Boat 'QuickBoat' Goes Commercial
Australia's Quickboats Pty Ltd enters commercialization phase for its award-winning folding boat. Just one month after officially commencing operations, Australian company Quickboat Holdings Pty Ltd is now focused on the commercialization of its folding boat that is globally unrivaled in design, quality and price. Quickboats are uniquely designed folding boats that can be assembled in less than one minute.
CIT Launch Maritime Finance Business, Appoint MD
The new company, CIT Maritime Finance will originate & underwrite blue water vessel financing & its managing director is Svein Engh. CIT Maritime Finance will offer senior secured loans, sale-leasebacks, and bareboat charters to owners and operators of oceangoing cargo vessels including tankers, bulkers, container ships, car carriers, as well as offshore vessels and drilling rigs. It will offer financing solutions that will help add value and drive business for customers.
Swiber Wins Siazable Offshore Contracts
Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate…
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