The Arctic: Economic Promise or Environmental Peril?
The fervor to move shipping routes and energy business north of the Arctic Circle is palpable, as countries with physical connection and even ‘non-Arctic’ states are making moves and plans to stake claims to the vast potential that lies within. While the maritime and subsea technology allowing ops in the Arctic’s harsh environs has moved forward fast, there are repeated and regular ‘warning shots across the bow’ of budding entrepreneurs large and small…
SOS: Asian Shipowners Unite on Piracy
Shipowners from all over Asia gathered to form a massive human SOS as a demonstration of their support for the international SOS SaveOurSeafarers campaign. The gesture was photographed during the meetings this week in Australia of the 21st Asian Shipowners Forum (ASF) which had piracy at the top of their agenda. In the last 7 years, 62 seafarers have died as a result of pirate actions, and getting on for 4,000 have been held hostage on some 200 ships hijacked by Somali pirates.
Spanish Shipyard Launches Grampian Defiance
The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a $55m investment programme, has been launched. The Grampian Defiance, the last of four new-build emergency rescue and response vessels (ERRVs) which will be managed by Craig Group division North Star Shipping, was launched today at Balenciaga Shipyard in Northern Spain. The new ERRVs – named the Grampian Don…
IHC Merwede Opens New U.S. Facility
IHC Merwede opened a new yard facility in Broussard, La. The yard at 206 Cummings Road will operate under the name of Hydro-Ram, Inc. With this expansion IHC Merwede…
Ulstein Announces Good Results
Ulstein Group delivers solid results for 2011. The group had an operating income of $350m and an operating profit of $42.3m. At the end of 2011, Ulstein Group had an order reserve of $383.2m.
NNS Achieves Construction Milestone on Virginia-Class Submarine
Huntington Ingalls Industries (NYSE:HII) announced that the Virginia-class submarine Minnesota (SSN 783) is "pressure hull complete," signifying that all of the submarine's hull sections have been joined to form a single, watertight unit. Minnesota will be the 10th Virginia-class submarine and the fifth delivered by HII's Newport News Shipbuilding (NNS) division. "This is a key milestone in the construction of the submarine," said Jim Hughes, NNS' vice president of submarines and fleet support.
ACP: Public Hearing on Canal Toll Adjustments
The Panama Canal Authority (ACP) held a public hearing in the Ascanio Arosemena Center in Balboa, Panama, on its proposal to modify the Panama Canal pricing structure…
Marlink Enhances Efficiency with C-Band on iDirect
New technology platform options for Marlink C-band users. Marlink is expanding its portfolio with the introduction of new C-band services on the iDirect platform…
Nautronix Wins DP Contract from Rowan
Nautronix will supply their NASDrill RS925 Positioning System to Rowan’s new Ultra-Deepwater Drillships. Nautronix have been awarded a contract to supply NASDrill…
Efstathiou New Executive Director at Spectec
SpecTec has appointed Evan Efstathiou as Executive Director of SpecTec Americas. Mr. Efstathiou has worked in Veson Nautical as the Director of Client Services for over 3 years, and he has cooperated with SpecTec in many projects, including one that was highly successful signed with Hyproc. Evan has graduated from MIT and Harvard School of management and worked the last 11 years in the Maritime and Oil&Gas worlds.
Nortek Dopler Velocity Log Aids Volvo Ocean Race Entrant
“The collaboration between Nortek and the entire PUMA team has resulted in an tool that provides unique information to the sailing crew. They can now measure leeway…
Container Volume April Decline in Port of Savannah
The Port of Savannah, long the US east coast star for Asian imports, posted a 4.2 per cent decline in container volume in April year on year to 248,886 TEU, compared to 260…
Maersk Container Ship Thwarts Pirate Attack in Gulf of Oman
The US flag vessel Maersk Texas thwarted an attack by multiple pirate skiffs while transiting the Gulf of Oman, northeast of Fujairah, after leaving the Strait of Hormuz accprdomg to 'The National'.
Fire Aboard Submarine in U.S. Shipyard
According ot CNN the fire was not out six hours after the initial response, six people had been injured, there were no weapons on board, and the nuclear reactor was not affected. Six people sustained injuries and subsequently received treatment either on the scene or at "a local medical facility", said Captain Bryant Fuller, Shipyard Commander for Portsmouth Naval Shipyard in Kittery. "While the fire is not out, the situation is improving," he said at 11:45 p.m., Wednesday, Eastern time.
Arctic Offshore Oil Drilling – Rosneft Plans Expansion
According to a report in 'Barents Observer' Rosneft will be the main partner of Statoil and Eni in the Barents Sea, where the new CEO has highlighted the importance…
U.S. Offshore Wind Energy Project – BOEM Seeks Commercial Interests
The Bureau of Ocean Energy Management has issued a request to determine whether there is competitive interest in the construction of a transmission system between…
China's Shipbuilders Saw Output, Orders, Decline in Q1 2012
New shipbuilding orders fell 48.7 percent year on year to 5.59 million deadweight tonnes (DWT) during the first three months, according to a report released by the…
Singapore's Second Cruise Terminal Set to Welcome First Ship
The 28,000-square-meter terminal, which was built at a cost of 500 million Singapore dollars (400 million U.S. dollars) and operated by the SATS-Creuers Cruise Services, will effectively double Singapore's berth capacity. The terminal has the capability to dock ships of up to 220,000 gross register tonnage (GRT) and measuring up to 360 meters in length with a hull draft of up to 11.5 meters.
China Upholds Fishing Rights in Disputed Waters
China has strengthened controls in the Huangyan Island waters in response to the actions of the Philippines, Foreign Ministry spokesman Hong Lei said in Beijing.
Statoil Awards US$ 5-billion Offshore Drilling Contracts
The five billion dollar assignment includes drilling of new wells, plugging of old wells, workover and maintenance of drilling facilities on 18 of Statoil’s 20 fixed…