BAE Systems to Build More Jackson Offshore PSV's
BAE Systems’ shipyard in Florida to build two additional platform supply vessels (PSV's) for Jackson Offshore Operators under a contract option. The new vessels, which will service offshore drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S. commercial shipbuilding and its support to the oil and gas industry. Each of the Jackson Offshore Operators vessels will be qualified under the U.S. Jones Act and will measure 252 feet long and 60 feet wide.
Zim Line Regards Newbuilding Cancellations an Achievement
Newbuildings orders for 5 container ships were cancelled and advance payments partially refunded

 by the shipbuilders. In addition, the company reached an agreement regarding the postponement of payments due in 2013 for other orders. The agreements relieve the company from Off-balance sheet obligations amounting to $1.4 billion. Zim reached an agreement to immediately cancel orders for 5 vessels and postpone delivery of other vessels to 2016.
Puerto Rico Towing Assists 'Run Out of Gas' Ship
Tugs 'Triton' and 'Honcho' of the Puerto Rico Towing & Barge Co. recently assisted a drifting vessel off the coast of Puerto Rico. The cargo ship Global Destiny, owned and operated by Diavlos Maritime based in Athen, Greece, called for assistance the morning of Saturday, March 16. The vessel reported that it had run out of fuel and was drifting approximately five miles off the coast of Dorado, approximately nine miles north west of San Juan. Puerto Rico.
AHTS Pulls it Weight on Lankhorst LankoForce Rope
Italian company Rosetti Marino tests its new 220-mt bollard pull Anchor Handling, Tug, Supply & Service Vessel (AHTS). Since 2010, bollard pull testing has become…
Offshore Brazil: Petrobas Needs Two FPSO's
Petrobras announce negotiations are under way to contract 2 Floating Production & Storage Units (FPSO's) for connection to wells in the Santos Basin. Petrobras and its partners in Block BM-S-11…
New Suezmax Tankship Sold, Bareboat Chartered Back
Belgium's Euronav sells Samsung newbuild 'Cap Isabella' 157,648 dwt to new owners then charters the vessel back long-term. Cap Isabella was sold for US$ 54,000,000…
Optimizing Fuel Consumption: ESRG Enhances OstiaEdge®
US-based ESRG adds total vessel power analytics to OstiaEdge to help optimize fuel consumption for a vessel or across a fleet. OstiaEdge® now integrates shaft torque…
UKHO Confirms Ian Moncrief as CEO
The United Kingdom Hydrographic Office (UKHO) confirms Moncrief in the post held on an interim basis since October 2011. The government as sole owner of the UKHO, ran an open, external and national competition for the Chief Executive role. This was a rigorous recruitment process with a panel chaired by an independent Civil Service Commissioner. The appointment is endorsed by the UKHO Chair and Board, the Ministry of Defence and the Royal Navy, and is effective immediately.
Crowley Maritime Extra Sailing to Meet US/Caribbean Demand
The liner services group will offer ocean-freight customers a second weekly southbound sailing from Port Everglades, Fla., to Nassau, Bahamas. The new Saturday sailing day, starting Saturday, March 23, 2013, will give customers an additional option for the transport of their goods, including groceries, retail merchandise, building materials, refrigerated (reefer) products, and vehicles from Port Everglades to Nassau each week.
TEN Charter Out Five Product Tankships
Greece-based Tsakos Energy Navigation Limited (TEN) fix 3-year charters for 5 Panamax LR1 product tankers with a major national end-user. These fixtures are expected…
Ice Crushing Propeller Dynamics
When a captain of an ice-going vessel stands on the bridge looking at the enchanting world around him he wants to hear the comforting sound of ice smoothly being crushed by the heavily loaded propeller he is controlling. But the question is if the industry is ready – can our captain really enjoy his trip in ice covered waters – or is there still work to be done? Ops in the Arctic regions are intensifying…
Risk Management
The old expression about getting one’s sea legs speaks to how different life can be in the ocean marine environment. Those who spend most of their time on land often…
BRP Offers Inboard Jet Propulsion System
BRP expands its marine engines portfolio by offering an inboard jet propulsion system, using its proven Rotax 4-TEC 1503 engine. BRP's Marine Propulsion Systems division in Sturtevant…
D'Arcinoff Group Consortium Announces $4.6 Billion Project
D'Arcinoff Group, Inc. and its consortium partners will deploy the first phase of the $4.6 billion D’Arcinoff Group Energy Program (DGE), an integrated synthetic fuel…
CMA CGM 2012 Resullts
The Board of Directors of France’s CMA CGM met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the year ended 31 December 2012.
Senergy Software Pioneers Another Step Change
Senergy Software has unveiled major new developments to its market-leading Oilfield Data Manager (ODMTM) software suite, providing geoscientists with significant step changes particularly in the user interface (UI). The launch of ODM 3.8 includes new Heatmap and Analysis Sticks features as well as pioneering enhancements to its reservoir performance module (RPM) 3D viewer. It also includes a new method for handling core shifts and a powerful new Dictionary Summary.
WCI Reacts to ASCE 2013 Report Card
Waterways Council, Inc., (WCI) has received the 2013 Report Card for America’s Infrastructure from the American Society of Civil Engineers (ASCE) and the inland waterways have received a grade of D-. The Report Card assesses the condition of a number of the nation’s infrastructure systems, including the inland waterways, and is released every four years. Each category is evaluated based upon capacity…
Hapag-Lloyd Increases Freight Rate in 2012 Financial Year
Freight rate up 3.2% on last year / Transport volume increases by 1.1%. Revenue rises by 12.1% to EUR 6.84 billion / Absence of peak season and persistently high…
Hatteland Display Appoints Distributor in India
Hatteland Display (HD), a technology provider of specialized display and computer products to the international maritime and industrial market, has appointed Elcome Marine Services Pvt. Ltd. as its distributor in India. With a network of branches at all major ports in India Elcome Marine today provides its customers with a single point resource of all solutions related to maritime electronics and software based systems.
WESMAR Announces Bow Thruster Order
WESMAR (Western Marine Electronics, Inc.) has announced an order from Hydraquip, Tasmania, Australia, for two commercial bow thruster systems for installation on a steel-hulled car/passenger ferry. The order is for two WESMAR Model V2-28, 185 HP, counter rotating dual-prop stainless steel bow thruster systems. They will be installed on the 187-foot M/V Queenscliff, a double ended roll-on/roll-off ferry that provides hourly service between the towns of Queensland and Sorento.
