North P&I Club Reports "Solid Year"
The ‘A’ rated North P&I club said it achieved another solid year of development ending on February 20, 2014, further consolidating the club’s position as one of…
Myanmar Grants Maersk Permanent License
The A.P. Moller – Maersk Group has received a permanent license to operate container business activities in Myanmar. The business will encompass the three brands Maersk Line, MCC Transport and Safmarine and the agency in Yangon will be officially opened in May 2014. "We are pleased to be granted a permanent business license to operate our own agency in Myanmar. Since the European Union and United States eased sanctions in 2012…
Transas Adds Piracy Information Overlay
Transas Marine has added a Piracy Information Overlay (PIO) to its Navigation product portfolio. The piracy overlay is integrated into the Transas FleetView Online SSAS-tracking software and Navi-Planner 4000 voyage planning software. The piracy data is provided by Bergen Risk Solutions and is based on intelligence from several recognized and authoritative sources on sea piracy. The service allows…
Greek Frigate Joins EU Counter Piracy Operation
Hellenic Navy warship, HS Psara joined EU Naval Force Somalia, Operation Atalanta Wednesday, February 20. The Greek Navy frigate left the Salamina Naval Base on Thursday, February 13. HS Psara will be part of the EU’s counter-piracy operation in the Horn of Africa and Western Indian Ocean for a period of three months. The warship previously participated in EU Naval Force between December 2008 to April 2009. HS Psara is a Hydra class frigate and was commissioned into the Greek Navy in 1998.
UKHO Publishes Guide to ECDIS Implementation
Next free ECDIS seminar in Hong Kong on Tuesday, February 25. The United Kingdom Hydrographic Office (UKHO) has published a new Nautical Publication to support the transition to ECDIS. The 'Admiralty Guide to ECDIS Implementation, Policy and Procedures (NP232)' has been designed to allow informed decision-making by any individual or organisation responsible for the introduction of ECDIS aboard ship.
URS Awarded Enviromental Remediation Contract
The U.S. Army Corps of Engineers, Omaha District has awarded two separate contracts to URS Corporation for environmental remediation work at military facilities in Utah and Kansas.
First Order for Wärtsilä Slop Water Treatment
The new Wärtsilä slop water treatment system has been ordered for an ultra-deep water drill ship operating in the Gulf of Mexico, marking the first for Wärtsilä’s new system. The contract was signed in the end of 2013. The Wärtsilä slop water treatment system is designed to treat and clean water contaminated with slop or drilling mud. For operators, large volumes of slop mud result in enormous disposal expenses and represent a potentially significant environmental issue.
BMT Isis Opens Plymouth Office
BMT Isis Ltd. (BMT), a subsidiary of BMT Group Ltd., an international maritime design, engineering and risk management consultancy, is delighted to announce the opening of its new office in Plymouth. The new office in Plymouth’s city center which was officially opened by Oliver Colvile, MP for Plymouth, Sutton & Devonport, will allow BMT Isis to expand its existing business of providing safety, Environment and security consultancy to the defense and transport industries.
First of 10 Utility Vessels Delivered
Incat Crowther announced the first deliveries of a 10-boat order for 42m Infield Utility Vessels to Brunei’s PTAS Marine. Developed in conjunction with builder Strategic Marine, the project called upon Incat Crowther’s track record in steel crew boats to meet strict performance criteria. PTAS has been contracted by Brunei Shell Petroleum to build and operate nine vessels to support their offshore platforms for a period of ten years.
Teras Sunrise Passes Jacking Trials
Teras Offshore, along with Global Maritime and ASL Shipyard in Batam, Indonesia announced the completion of full height jacking trials of the Teras Sunrise. The trials were completed on February 7 and mark another successful milestone in the Teras Sunrise reactivation project. The Teras Sunrise is the second "Service Jack" design developed by Global Maritime. The vessel is a jack-up construction vessel with a payload of up to 7…
OSI to Design Navigating Bridges for RCN Arctic Patrol Ships
Burnaby, BC - based OSI Maritime Systems (OSI) says it has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal Canadian Navy’s (RCN) new class of Arctic/Offshore Patrol Ships (AOPS). Lockheed Martin Canada is one of AOPS Prime Contractor Irving Shipbuilding’s Tier 1 suppliers for the AOPS project under the Canadian government’s National Shipbuilding Procurement Strategy (NSPS).
UK Throttle Back on Two Offshore Wind Projects
Forewind, in agreement with The Crown Estate has revised the current development potential for the total capacity of the wind energy projects in the Dogger Bank Zone from 9 gigawatts (GW) to 7.2 GW. At the same time, the consortium behind London Array has announced it will not proceed with the development of Phase 2 of the offshore wind farm. The revision has been made following more than four years of offshore and onshore surveys and assessments…
Lake Decatur Dredging Contract for GLDD
Great Lakes Dredge & Dock Corporation (GLDD) says it has signed an US$89 million contract with the City of Decatur (IL) to provide dredging services to increase the capacity of Lake Decatur. Lake Decatur, the largest lake on the Sangamon River, was created after the river was dammed in 1922. The reservoir serves as the primary raw water source for Decatur’s 76,000 residents and large industrial sector.
Admiral's Wife Has Initials Set in US Warship's First Steel
The Navy and Lockheed Martin, with Marinette Marine Corp., have held a keel laying ceremony for the future 'USS Sioux City' (LCS 11), the Navy's 11th littoral combat ship (LCS). Ship sponsor Mary Winnefeld, wife of Vice Chairman of the Joint Chiefs of Staff, Admiral James "Sandy" Winnefeld, Jr., authenticated the keel by having her initials welded into a sheet of the ship's hull. "I'm both honored and delighted to be back in my home state of Wisconsin as the sponsor of Sioux City," said Mrs.
Nigerian Shipowners in Dire Financial Straits
The Nigerian Ship Owners Association, NSA, has informed that some of its members are currently grappling with huge financial indebtedness to some banks, which has been aggregated at over $3billion (N480bn) reports the country's National Mirror. NSA, formerly known as the Indigenous Shipowners Association of Nigeria ISAN, is the umbrella body for all fully Nigerian- owned shipping firms made up of over 40 companies, most of which have closed down or at the verge of being closed down.
Sunken Car Carrier to be Salvaged by Boskalis Partnership
Boskalis inform that the Dutch Department of Public Works intends to award the contract for the salvage of the wreck of the car carrier 'Baltic Ace' to Boskalis and its partner Mammoet Salvage. Boskalis explain that the wreck and its cargo need to be removed because they pose a threat to the environment and to shipping on the busy route towards the Port of Rotterdam. The Department of Public Works expects the definitive signing of the contract in the second half of March 2014.
Oceanteam Buys Out KCI Design Engineers
Norway-based Oceanteam Shipping says it has exercised its option to buy the remaining 30% shares of KCI design engineers, a multi-discipline engineering company, employing over 150 engineers with offices in Schiedam, The Netherlands and Hamburg, Germany. As a result of this transaction, Oceanteam is now the 100% strategic owner of KCI design engineers. The shares were bought from the previous management team at confidential terms.
Lockheed Martin in Australian Wave Energy Project
Lockheed Martin says it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project yet. The 62.5-megawatt peak power wave energy generation project will be built off the coast of Victoria, Australia, using Ocean Power Technologies' (OPT) PowerBuoy® wave energy converter technology. The company’s PowerBuoy wave generation technology uses a "smart," ocean-going buoy to convert wave energy into low-cost, clean electricity.
Australia Job Seekers Meet Employers at AOG Perth Conference
The organizers of the Oil & Gas Exhibition & Conference (AOG) say that the demand for labour is so high that by 2018 the oil and gas workforce is expected to increase by 57 percent, according to the Australian Workforce and Productivity Agency. On 21, February 2014 over 1000 graduates and tertiary students meet with major employers at Perth Convention and Exhibition Centre to learn about job opportunities, graduate programs and vacation work available in the oil and gas sector.
Euroseas Report Adverse Financial Winds in Year 2013
Net loss of $103.4 million, or, $2.28 net loss per share basic and diluted on total net revenues of $39.2 million. The full year results include a $78.2 million impairment loss, or, $1.72 loss per share basic and diluted. Adjusted net loss1 for the period would have been $23.1 million or $0.51 net loss per share basic and diluted. Adjusted EBITDA1 was $(1.7) million. An average of 14.56 vessels were…