AtoBviaC's LNG Review Sets New Industry Standards
With two major LNG conferences taking place this week on opposite sides of the world - the third annual LNG Global Congress in London and the World LNG Series Asia Pacific Summit in Singapore - AtoBviaC, the specialist maritime route provider, has carried out a thorough review of all LNG trades to ensure that key ports and vessel manoeuvres in this important sector remain covered. LNG vessels are some of the most expensive in the industry…
Maersk Drilling Order Ultra-harsh Jack-up Rig
The new ultra harsh environment jack-up rig, 'XL Enhanced 4', is to be built at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea with delivery scheduled for mid-2016. The total project cost for the rig is USD 650m including a turnkey contract with the yard, owner furnished equipment, project management and capitalised interest. The contract with DSME includes priced options for delivery of up to two additional units with delivery in 2016/2017.
Aegean Marine Petroleum Secure US$1-billion Credit Facility
Aegean Marine Petroleum Network Inc. state they will make use of this line of credit for working capital in connection with the purchase, transportation, storage and sale of fuel and gas oil.
Offshore Hotel Ship Kept Steady by 'Built in Waves'
This accommodation vessel makes it easier for offshore industry workers to find their sea legs, thanks to opposing waves created in specially-designed tanks fitted in the hull. It is designed by the Stord-based maritime design company SALT, and is being built under contract for ship owner Østensjø. “This concept provides an alternative to the semi-submersible platforms commonly used at present. The…
Cruise Giants Donate to Alaska U. Foundation
Princess Cruises and Holland America Line have joined forces to donate $1 million to the University of Alaska Foundation. The gift will provide funding in three main areas: research and education critical to the health of the sea; training programs that prepare Alaskans for the tourism and hospitality industry; and scholarships that support Alaskans seeking higher education at the University of Alaska.
Carnival Release Q3 2013 Results, Look to Asia for Growth
Carnival Corp profits slipped-year-on-year according to its third quarter 2013 financial report: non-GAAP net income of $1.1 billion, or $1.38 diluted EPS for the third quarter of 2013 compared to non-GAAP net income for the third quarter of 2012 of $1.2 billion, or $1.53 diluted EPS. Carnival Corporation & plc President and Chief Executive Officer Arnold Donald noted that during the third quarter…
Merchant Bank Invests in New BWTS Project
Capital Corp Merchant Banking, a U.S.-based merchant banking group, say they have been working on an environmentally friendly ballast water treatment system (BWTS) project with a client and have entered into USD $41-million funding agreement with them. This patent-pending project makes better, more energy-efficient use of existing ballast water treatment technologies, resulting in a smaller energy footprint of the system and decreasing the ship's power-capacity needs.
Integrated Vessel Control System Contract for Kongsberg
Nordic Yards in Wismar, Germany, has awarded Kongsberg Maritime a contract to deliver an Integrated Vessel Control System for a newbuild 80m Wind Turbine Service Jack-Up Vessel, owned by Danish offshore services specialist, DBB Jack-Up. The integrated 'Full Picture' solution covers navigation, automation and manoeuvring systems, and will be one of the first to feature Kongsberg Maritime's recently launched LAN-based Radar system.
Latest DofD Navy Contracts
US Department of Defense contracts issued include a US Army Corps of Engineers, New York District dredging contract, for Great Lakes Dredge and Dock. Secondly a Navy contract to Electric Boat Corp.
