Partner Jamila Khan moves to Ince & Co’s Piraeus Office
Ince & Co partner Jamila Khan has moved to the firm’s Piraeus office. Jamila has a broad practice covering all aspects of shipping and international trade and commodities disputes and commercial transactions. She has close links with the Greek shipping industry having spent a year in Piraeus from 2003 to 2004. She is a key member of the firm's Italy and Turkey teams. Jamila acts for ship owners, operators and charterers on a variety of dry shipping matters including charterparty disputes.
NYMAR Adds Powerhouse
Clay Maitland to join Peter Shaerf as organization’s chief drivers. New York Maritime Inc. (NYMAR) Chairman, Peter Shaerf of AMA Capital Partners, has announced that Clay Maitland will join him in heading this organization whose mission is to promote the New York maritime cluster effective immediately. NYMAR will be celebrating its tenth anniversary next year. Together they will serve as Co-Chairmen of the organization.
More Than $127 Million Approved for Port of Los Angeles Construction
Projects Advance Modernization of the TraPac Container Terminal. The Los Angeles Board of Harbor Commissioners has approved construction contracts totaling more…
Finnlines Charters Out RoPax Ship
Finnlines cuts excess capacity by 5-year bareboat charter of 'MS Europalink' to mother-group Grimaldi. The RoPax vessel MS Europalink will sail under Italian flag…
ILS & Danaos Collaborate on Network Shipping Management Services
Inventory Locator Service sign MOU with Danaos Management Consultants to develop cloud-based procurement & management services. Together the companies will develop a platform called MarineHubsm…
Kleven Wins Rem Offshore Construction Vessel Contract
Kleven gets contract to build it largest subsea construction vessel yet for Rem Offshore. The design is for a length of 108m and a width of 22m, with accommodation for a total of 110 persons. The ship is equipped with a 250t offshore crane that can work down to 3000m ocean depth, a 7.2m square moonpool, and 3 ROVs (2 Work, 1 Observation). The new building will be delivered in the first quarter of 2014. Kleven say they now have 14 vessels in the order book, at a value of almost NOK 7-billion.
Russian Shipyard Delivers Indian Navy Warship
The second of three stealth frigates, the 'Tarkash', is handed over to the Indian Navy by the Yantar Shipyard, Kaliningrad. Russia and India signed a $1.6 billion contract on construction of three modified Krivak III class (also known as Talwar class) guided missile frigates for India in 2006. The first frigate, INS Teg, joined the Indian Navy on April 27. The last in the series of three frigates, Trikand…
Shipbuilders Struggle in Challenging Market
Shipyards in the major exporting regions all report significant year-on-year drops in new contracting activity. For new-buildings there is no doubt that the market continues to remain challenging…
Sultan of Saudi Wins Perseus Award
Prince Khaled bin Sultan of the Kingdom of Saudi Arabia recognized for marine wildlife conservation & science contributions. Prince Khaled is the founder of the Khaled bin Sultan Living Oceans Foundation, dedicated to conservation of the world's oceans. For the past eleven years Prince Khaled has spearheaded the Foundation through his personal leadership, financial support, and by making the ships…
HII Q3 2012 Reports Significant 2015 Milestones Reached
Huntington Ingalls Industries reports third quarter 2012 revenues of $1.60 billion, up 0.2 percent from the same period last year. Segment operating income in the quarter was $89 million…
Carnival Refit, Rename Ship, Install 'WaterWorks'
Carnival Cruise Lines to rename 'Carnival Destiny' as 'Carnival Sunshine' after US$155-million make-over. Among the new highlights is a new racing-themed water park featuring Carnival's longest water slide – 'WaterWorks' – with 40 different interactive water features, including a 300-gallon drenching bucket that will serve as the signature element of the SplashZone kids' water play area. Here…
Rolls-Royce Opens European Marine Technology & Training Centre
Rolls-Royce officially opens its new European Marine Technology and Training Centre in Ålesund, Norway. The celebration, whose guest of honour was HRH Crown Prince Haakon of Norway, marked the formal opening of this 3,000m² ultra-modern facility, in the heart of Norway's maritime cluster. The centre features the latest Rolls-Royce marine technology and equipment to support customer training and simulation…
Tognum's Revenues Up in Latest Financial Report
Propulsion & power providers Tognum confirm 2012 forecast in financial report ended 30, September. The adjusted EBIT margin is expected to be at around ten per cent by the end of the year…
Lockheed Lay Seventh LCS Keel
Seventh Littoral Combat Ship (LCS) takes shape as Lockheed Martin team lays keel of the future 'USS Detroit'. The event was part of a time-honored keel laying ceremony that took place at the Marinette Marine Corporation shipyard in Wisconsin. The Lockheed Martin-led LCS team includes ship builder Marinette Marine Corporation, a Fincantieri company, naval architect Gibbs & Cox, as well as hundreds of domestic and international suppliers…
Port of LA Construction Contracts Approved
Los Angeles Board of Harbor Commissioners approve $127-million construction contracts for two major projects. Both projects are part of a $365 million expansion of the marine container terminal operated by longtime tenant TraPac, Inc. due to be completed in 2016. With work due to begin in January, the projects are key elements of the Port of Los Angeles’ overall capital improvement program. The…
IMO Adopts Pacific Domestic Ferry Safety Action Plan
An Action Plan adopted at recent IMO Forum in Suva, Fiji, to address safety concerning Pacific area dometic ferry operations. Recent losses of domestic ferries worldwide…
UK Government's Vessel Funding Competition Explained
IMarEST Ship Propulsion Systems Conference speaker explains the government's new initiative in advance of upcoming meeting. The UK Government’s Technology Strategy…
Euroseas Latest Financial Report Reflects Depressed Market
Euroseas Ltd. -Net loss of $0.8 million or $0.02 net loss per share basic and diluted on total net revenues of $13.4 million. Adjusted net loss1 for the period was…
Low Mississippi Water Levels Threaten US Economy
The American Waterways Operators (AWO) & Waterways Council, Inc. (WCI) warn barge transportation could stop in December. AWO and WCI call upon Congress and the…
GAC Group Appoints Bengt Ekstrand President
Global shipping, logistics & marine services provider GAC Group appoints Bengt Ekstrand as its new Group President. Ekstrand is currently Group Vice President of GAC’s Asia-Pacific region and was previously the head of the Middle East region. "Bengt brings substantial experience in GAC’s core businesses plus an intimate understanding of GAC’s values to the position of Group President," says GAC’s Group Executive Chairman, Björn Engblom. Engblom paid tribute to Capt.
