DSME Wins New Drillship Order
DSME signed a contract with Atwood Oceanics, a U.S.-based ocean drilling company, for the construction of one drillship. This is the option of last year’s contract…
Vessel Ordering Mania – Why?
The flood of interest in ordering new container vessels is motivated by other factors than supply and demand. The recent surge in new vessel orders at a time of industry-wide overcapacity suggests that market fundamentals are no longer the main driver (see figure). Even when the most recently ordered ships are delivered in 2016, Europe and the US are still likely to be climbing out of recession, which means that capacity in the east-west trades will continue to outstrip demand.
Monitoring System Takes Guesswork Out of Mooring Mega Vessels
Mooring of large vessels in the LNG, petrochemical and container sectors is an intricate and critical procedure. The process entails bringing together a moving object with a static object, and with the imminent advent of even larger vessels (liquefied natural gas tankers with a capacity of 200,000 cubic meters and container ships with a capacity of 22,000 TEU*), the forces involved are enormous. For tankers and bulk carriers…
New Mitsui 56 Series Bulk Carrier Delivered
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier MV Devon Bay (MES Hull No. 1843) at its Tamano Works on July 1…
Viking Debuts Dual-approved Thermal Lifejacket
Following recent SOLAS approval, Viking has launched a new dual-approved thermal lifejacket that raises the bar for its competitors. Leading marine and offshore safety equipment manufacturer Viking Life-Saving Equipment has launched a new dual-approved thermal lifejacket with broad appeal for the offshore and commercial shipping industries operating in harsh, cold environments. Raising the standards for personal safety…
TOTE, Carlile Announce New Advancements
Linda Leary has accepted the Vice President, Commercial Development position with TOTE Logistics, Inc., Carlile’s parent company. Linda’s new role will be overseeing the Sales and Marketing Department of Carlile, TOTE Logistics, Inc. and Spectrum. Linda will continue to build revenue with current customers and seek new opportunities to continue the positive growth on a much broader logistical scale; maintaining several key accounts and remaining heavily involved in community relations.
General Dynamics Awarded $209 Million for Navy Submarines
The U.S. Navy has awarded General Dynamics Electric Boat a $208.6 million contract modification to buy long lead-time material for three Virginia-class submarines.
Indofin Acquires Majority Stake in IHC Merwede
Indofin Group, the investment company, owned by the De Bruin family, has acquired a majority shareholding of 62% in IHC Merwede. Rabo Capital (10%) and IHC Merwede…
Telemar Launches Blackbox at Seawork
Telemar (U.K.) Ltd. launched a new product at Seawork International, a Blackbox specifically designed and developed in association with AMI Marine for vessels under 3,000grt. Vessels are not required to carry Voyage Data Recorders (VDR), so in the case of an incident the ship without VDR or VHF recording may be missing vital evidence to make a claim or counter any claim against them. According to Telemar…
Damen PSV Delivered to World Wide Supply
Damen Shipyards Galati has delivered the World Diamond, the first of six Platform Supply Vessels for Norwegian offshore owner World Wide Supply, built to an entirely new Damen design. The World Diamond was christened by godmother Her Royal Highness Crown Princess Margarita of Romania on June 28, in a yard ceremony attended by 150 guests. “Delivery of this first PSV3300 represents a new era in Damen’s continuing offshore supply vessel story,” said Arnout Damen.
Great Lakes Towing and Shipyard Add Two New Tugs
The Great Lakes Towing Company and Great Lakes Shipyard will celebrate their 115th anniversary with the delivery of two new 4,640HP FIFI 1 ASD tugs. Designed by Jensen Maritime Consultant, Inc., Seattle, Washington, the tugs AURA and ATLAS are built to the highest standards of the American Bureau of Shipping, the U.S. vessel classification society. The tugs were launched using the Shipyard’s 770-ton Travelift. Founded by John D.
Panel Systems Sees Rise in Thermhex Demand
Panel Systems, a U.K. supplier of bespoke sandwich panels has seen a huge surge in demand for Thermhex, an innovative polypropylene honeycomb material which was launched into the U.K.
Louisiana DOTD Ferry to Undergo Repairs
Beginning Monday, July 1, 2013, the Louisiana Department of Transportation and Development (DOTD) will begin new hours of operation temporarily utilizing the Motor Vessel Louis B.
Innocap Set to Recover Ancient Shipwreck
Innocap, Inc. has received an agreement with a company based in the Republic of the Philippines under which Innocap agrees to organize, plan and supervise then will…
Guttulsrod to Speak at Canada LNG Export Forum
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak at the Canada LNG Export Forum on Wednesday…
MHI to Build Two Cruise Ships for Carnival
Mitsubishi Heavy Industries, Ltd. (MHI) began construction today at its Nagasaki Shipyard and Machinery Works on the first of two new generation cruise ships for AIDA Cruises, the German cruise company part of Costa Group, Europe's largest cruise company member of Carnival Corporation & plc. MHI said the two new ships, which will incorporate an array of the world's leading-edge environmental technologies, are scheduled for delivery in the spring of March 2015 and 2016 respectively.
Dr. Ulrich Dohle New Head of Tognum
As announced in April, Dr Ulrich Dohle today takes up his new duties as Chairman of the Executive Board and CEO of Tognum AG. He succeeds Joachim Coers, who has…
Maran Takes Delivery of Electric LNG Carrier
The first electrical LNG carrier to be ordered by Maran Gas incorporating induction-based electric propulsion motor technology from GE’s Power Conversion business is expected to enter commercial service in July. The Woodside Rogers, built by one of the major Korean shipbuilders, Daewoo Shipbuilding & Marine Engineering (DSME), at its shipyard near Busan, successfully completed sea trials in late April and was handed over to Maran Gas on July 1.
Bergen Engines Becomes New Tognum Subsidiary
As of today, July 1, Norwegian engine manufacturer Bergen Engines AS becomes part of the Tognum Group. Following the acquisition of Tognum AG by the joint venture of Rolls-Royce plc. and Daimler AG, the former Rolls-Royce subsidiary Bergen Engines was merged into the Tognum Group. With that Tognum, the propulsion and power solution specialist, adds medium-speed diesel and gas engines with power outputs up to 10 MW to its engine portfolio.
Relocation to Dan-Bunkering Singapore
Dan-Bunkering announced that Thieu-vi Phung has joined Dan-Bunkering in Singapore as of July 1, 2013 after having worked for six years in Dan-Bunkering’s office in Copenhagen.