Dockwise Ties the Knot with Boskalis
The outcome of last month's mandatory cash offer was that 99% of the Dockwise shares became committed to Boskalis. On 8, February 2013, Boskalis Holding B.V. (the Offeror)…
Treasure Hunters, Odyssey, Came Up Silver in 2012
Odyssey Marine Exploration reports financial results for the fourth quarter and year ended December 31, 2012. Total revenue in the fourth quarter was $7.9 million…
Charter Change for Viking Supply Icebreakers
Existing charter contracts for AHTS icebreakers 'Tor Viking' and 'Balder Viking' not extended; other charter fixed. The vessels had since 1999/2000 been available to the Swedish Maritime Administration (SMA) every Q1 for icebreaking duties, but the vessels will end the contract after Q1 2014 and Q1 2015 respectively. Viking considers that the prevailing financial terms of the SMA contract entered into in 1998 does not reflect current market rates.
Breach of ISM Code: UK Court Imposes Hefty Fine
The Port State Control Officer observed personnel had accessed ballast water tanks without following proper preceedures. On the 19th June 2012, a Port State Control…
Offshore Accommodation Vessel Contract for Prosafe
Prosafe awarded a contract for its 'Regalia' vessel at the North Sea, Montrose Platform, of Talisman Sinopec Energy UK. The contract has been awarded following a competitive tendering process and is for a firm period of 450 days with on-site operations planned to commence late August 2014. In addition, Prosafe has granted Talisman Sinopec Energy UK four one-month options. Total value of the contract for the firm period is approximately USD 137.5-million.
ABB Takes Stake in Tidal Power
ABB has led a $12 million investment in Scotrenewables Tidal Power, (of Scotland), a provider of tidal turbine systems. The funding is being used specifically to…
Pipeline Fire, Bayou Perot, News Update
Responders prepare salvage, firefighting & pollution contingencies for a tug and barge that allided with a pipeline near Bayou Pero, south of New Orleans. The fire reportedly has reduced in size by approximately 30 percent, and there are no reports of oil in the water. Visual imagery intially indicated potential pockets of crude oil; however, those areas have been determined to be particulate ash from the liquefied natural gas burn off.
Shipyard Worker's Tugboat Economy Research Wins Prize
UK's A&P project engineer, Sally Watson, wins Ian Telfer Prize for her paper 'Reducing fuel usage & CO2 emissions from tug boat fleets: sea trials & theoretical modeling.
GE Power Conversion Comes Up Trumps in 'MSC Preziosa' Trials
'MSC Preziosa' successfully completes sea trials with its GE Power Conversion electrical power & propulsion system. Built from the STX yard in Saint-Nazaire, France, MSC Preziosa is the latest ship in MSC’s Fantasia-class and the 12th in the MSC fleet. The vessel has recently completed a series of sea trials including propulsion and maneuverability (speed ranges, full speed, crash stop, power plant and propulsion interactions…
USMA & ILA Confirm Contract Agreement
Federal Mediation & Conciliation Service Director George H. Cohen on negotiations between United States Maritime Alliance & the International Longshoreman's Association.
Metro Ports Celebrates 90 years
Metropolitan Stevedore Co., established in 1923 in Southern California and with business roots dating back to the 1850s gold rush era through its original San Francisco parent corporation, California Stevedore and Ballast Co., is celebrating its 90th anniversary. Through the years, Metropolitan Stevedore Co. became known as Metro, so in 2008 the decision was made to use Metro Ports as the new brand for the various key operating companies of Wilmington…
Eni Announces Production from Junín-5 Giant Heavy Oil Field in Venezuela
PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco, the area with the largest untapped hydrocarbon reserves in the world. The block is located 550 kilometers southeast of Caracas and covers an area of approximately 425 square kilometers. The Junín-5 block, currently under development, holds 35…
Svitzer Chooses Edoc and Helm Marine Operations Software
Edoc Systems Group, developers of Helm Marine Operations Software (Helm), said that global towage provider, Svitzer A/S has chosen Helm Dispatch Manager and Helm…
Marin Uses Subsea Wireless Solution from WFS in Test Basin
WFS helps Marin communicate with underwater models in their test basin using subsea wireless technology. Marin is one of the leading institutes in the world for hydrodynamic research and maritime technology, providing services to the shipbuilding and offshore industry and governments. Customers include commercial ship builders, fleet owners, naval architects, classification societies, oil and LNG companies and navies all over the world.
Capital Shipmanagement’s First Boxship Newbuildings Arrive
LR classed Alexandros and Aristotelis are the first of five new 5,000 teu new ships, all to be delivered from HHI Gunsan by June 2013, that sees Capital expand its operations into the container sector. Capital Shipmanagement has marked the delivery of their new containerships, Alexandros (on charter as Hyundai Prestige) and Aristotelis (on charter as Hyundai Premium) delivered at HHI Gunsan, respectively, last month and on Monday this week.
MacArtney to Host 52nd Marine Measurement Forum
The MacArtney Underwater Technology Group was selected to host the 52nd Marine Measurement Forum. The event will take place on the May 1, 2013 at the MacArtney Group's U.K. facilities in Aberdeen. The course of the day will embrace several interesting features and sessions, hereunder a number of presentations on the latest developments within the diverse field of marine measurement technology. www.macartney.com www.mmf-uk.org
Dubai Maritime City Signs Manufacturing Lease Agreement with Vitmar Yachts
Dubai Maritime City, a facility providing maritime services, signed a Yacht Manufacturing Workshop Lease Agreement with Vitmar Yachts, a custom luxury motor yachts manufacturer, for property within its’ Marine District. The Agreement was signed by Khamis Juma Buamim, Chairman of Drydocks World and Sheikh Tariq Al Khalifa, President of Vitmar. Vitmar Yachts is a new brand founded by Sheikh Tariq Al Khalifa…
Ulstein Bridge Vision Receives Innovation Award
Ulsteein received DNB’s Innovation Award 2012 of 1mill NOK in the National Final in Trondheim on March 12, 2013. Ulstein Bridge Vision is a concept for a modern ship bridge where safety in complex operations has been given major focus. Nearly 700 ideas were received for the contest. “The winner represents innovative thinking within an area that has a great need for modernization. The jury emphasized…
BASSnet Software for Liners, Yacht
French luxury liner, Compagnie du Ponant has picked BASSnet software solutions to drive key functions on its superior liners and flagship yacht¸ in a maiden contract…
Speed Boat Entrapment Device on Show
At the Home Office Security Exhibition which is currently underway in Farnborough (12-14 March), survival and protective equipment specialists, BCB International, will unveil a device which enables security teams to intercept, entrap and disable fast vessels used in narcotics trafficking, piracy or terrorist acts without using deadly force. Cardiff-based military equipment manufacturer, BCB International Ltd…
