ST Engineering Raises Cap In STET
Singapore Technologies Engineering Ltd (ST Engineering) announced today that ST Education & Training Private Limited (“STET”) has increased its issued and paid up capital from S$1m to S$2m.
Israel Rolls Out Port Privatization Program
The Israeli Government will privatize its two main ports, Ashdod and Haifa in 2015 and 2016 respectively. The plans were proposed by the Finance Ministry and have been approved by the Prime Minister.
Maersk Confirms $1.5bn for Ghana Port
The Maersk Group has reaffirmed its commitment to support the expansion of Ghana’s Port of Tema to the tune of US$1.5 billion. The Group Chief Executive Officer…
BEST Set a New Productivity Record
Barcelona Europe South Terminal (BEST) handled the largest containership ever to call at the Port of Barcelona, the 16,600 TEU MSC LONDON and also set a new productivity record.
Turkey Serious about Kanal Istanbul Project
Istanbul Metropolitan Municipality has released the details of the construction and zoning plans for Kanal Istanbul project, which will be built on the European…
India Seize Russian Ship after 11-Hour Chase
In a dramatic nightlong sea-air coordinated chase, the Indian Coast Guard ship interdicted a Russian Federation Flagged Cargo Vessel MV Sevastopol, which was under…
Gerda Maersk Make Maiden Call at Slovenia's Koper
Slovenia's Luka Koper port welcomed its largest container ship to date, as the 367 metre Gerda Maersk moored on Tuesday, just weeks after completing a long-awaited…
Kintetsu Pays $1.2bln for APL Logistics
Japanese freight carrier Kintetsu World Express Inc is buying Singapore's APL Logistics for US$1.2 billion, paying a higher than anticipated price for an overseas…
China's VLCC, PetroChina Seals Crude Shipping Deal
China VLCC, a joint venture between China Merchants Energy Shipping (CMES) and Sinotrans&CSC, has signed a two-year crude shipping contract with Dalian-based West Pacific Petrochemical (Wepec)…
DeepOcean Deep Water Operations in Brazil
DeepOcean was established in 1999 and is dedicated to subsea services and operations in deep waters, able to take on deep-water assignments anywhere in the world.
SSI Webinar: ShipConstructor P&ID DesignValidation
SSI will host a free webinar covering its ShipConstructor P&ID DesignValidation on February 25, from 8-9:30 a.m. PDT. The technical sales webinar, which aims to introduce end-users to the product…
Chinese Captain Fined for Entering Great Barrier Reef
The senior captain of a Chinese coal carrier was fined $8000 AUD ($6,252 USD) for sailing into a restricted section of Australia's Great Barrier Reef without a pilot…
Calecore Bags Norwegian Contracts
Calecore has been contracted by ABB to supply a pre-lay survey of the Martin Linge PFS (Power from Shore) cable route to be conducted from the DP2 class vessel Seabed Worker with survey sensors mobilized to a 150HP Schilling HD WROV. The Martin Linge Field is located on the Norwegian Continental Shelf and the vessel will be mobilizing from Bergen, Norway in March 2015. The pre-lay survey consists of an ROV visual and magnetic survey along the 163 km center line.
TS Lines Seeks to Restart Shipbuilding Plan
T.S. Lines, Taiwan's fourth largest container carrier, is seeking to restart its dormant shipbuilding plan in 2015, the company announced Monday. In 2011, the company suspended a plan to order four 1,800 teu and four 4,700 teu box ships due to the belief that new building prices would continue to decrease, IHS Maritime 360 reported. But due to slumping oil prices, economic recovery in Asia and the U.S.…
Deadliest Catch: The Quest to Coat Cornelia Marie
Josh Harris and Casey McManus, a pair of 31-year-olds who respectively own and run the fishing boat Cornelia Marie – made famous on the Discovery Channel’s cable television show Deadliest Catch – discuss with Maritime Reporter & Engineering News their decision to protect the Cornelia Marie with Sherwin-Williams marine coatings. It goes without saying that commercial fishing boats take a beating, particularly the boats working in the Alaska Bering Sea crab business.
GBSL to Drydock 23 Crowley Vessels
One of the largest exclusive ship repair fleet agreements in Caribbean history, worth more than $10 million, signed between GBSL and Crowley which will extend to mid – 2017. Grand Bahama Shipyard Limited (GBSL), the ship repair and refurbishment yard in Freeport Grand Bahama, Bahamas has signed a ship repair fleet agreement with Crowley Maritime Corporation for a maintenance program for 23 vessels over the next 12 months.
Schottel Hydro Launches New Turbine Generation
The SIT Schottel Instream Turbine allows the harvesting of hydrokinetic energy for commercial projects at a reasonable cost. SIT makes hydrokinetic energy commercially viable for utility-scale and community-scale network applications. According to the designer, the SIT design purposely avoids complex subsystems: SIT features passive-adaptive composite blades with no need for any active pitch mechanism. Its drive train is standardized with a two-stage planetary gearbox and an induction generator.
Corvus Energy Names Hauso Executive VP
Corvus Energy has appointed Halvard “Hal” Hauso as executive vice president of sales and marketing. Hauso brings more than 30 years of industrial marine business development experience to this role, most recently serving six years as senior vice president at Rolls-Royce Marine, leading the power electric system department and as CEO at Scandinavian Electric Systems before it was bought by Rolls-Royce.
Vietnam Seeking Private Investment in Ports
Vietnam's Ministry of Transport is seeking private sector investment for construction of seaports, Vietnam Briefing reported last week. The Vietnam Maritime Administration will announce a list of 42 maritime infrastructure projects, including 18 seaports, looking for private investment, said Do Duc Tien, Deputy Chief of the Vietnam Maritime Administration. The privatization of Vietnam's ports is part…
Greenland Builds New Research Vessel
Greenland has an intense interest in maritime research and survey for the near coastal waters, thanks in part to a growing seafood sector, an extensive coastline and some 250 different species of fish. To meet the nation’s emerging need, Greenland had a fine 32.3-meter research vessel built at the Karstensen’s Shipyard in Skagen, Denmark. The vessel was named R/V Sanna by Helle Siegstad, Head of the Department of Fish and Shellfish, in a ceremony at Nuuk, Greenland in April of 2012.