Fortis to Host Inaugural U.S. Investor Day on April 1
Fortis Inc. will host its inaugural U.S. Investor Day on Wednesday, April 1, 2015 in New York. The event will take place at The New York Palace hotel, 455 Madison…
Egypt, Saudi Arabia Joint Maritime Exercise
Joint Egyptian-Saudi navy maneuver Morgan 15 is underway in the Red Sea waters of Saudi Arabia. According to the military spokesperson Mohamed Samir, the exercise…
China Launches First Maritime Silk Road Cruise Liner
China has launched its first cruise liner to sail via its ambitious transcontinental initiative Maritime Silk Road (MSR) on its maiden voyage during which it will visit three South-East Asian nations.
Israeli Navy installs advanced underwater AquaShield detection system
Israel has launched new AquaShield defense system, which locates threats posed to Israel by individual divers and small maritime crafts. The latest defense system…
Vard Holdings 4Q & FY 2014 Results, Teleconference
Vard Holdings Limited will release its results for the fourth quarter and full year ended 31 December 2014, before market opens on Friday, 27 February 2015. Your pass code is available upon request.
Otto Marine Secures Charter for Two PSVs
Singapore’s Otto Marine has secured two long term charter contracts for two PSVs to an oil major in Australia, with the value of the contract worth $64m including options.
Japanese Consortium to Build Offshore Wind Farm
A consortium of ten companies led by Hitachi Zosen Corporation (Hitz) has been awarded the bid to develop the “Iwafune Offshore Wind Farm Project” in Murakami City, Niigata prefecture.
Liebherr Crane Quartet for Katoen Natie
Katoen Natie N.V. has increased its lifting capacity at the port of Antwerp, investing in three new Liebherr mobile harbor cranes, one LHM 550 and two LHM 600s. Additionally, the company enforced its operations in Radicatel, France, with a new LHM 420. In January 2015, both family-owned companies Katoen Natie und Liebherr celebrated the handover of the strongest Liebherr mobile harbor cranes (LHM) on Antwerp’s Left Bank in a festive ceremony.
Unique DP System Thrusts US Offshore Wind Sector
Offshore wind construction in the U.S. Thrustmaster of Texas, a marine propulsion design and manufacturing company in the U.S., is looking to give an edge to U.S. based marine jack-up operators wanting to enter the U.S. offshore wind farm construction and maintenance sector by cutting the cost of entry in half with a unique propulsion system that allows conversion of existing vessels to dynamically positioned work vessels.
CLIA Predicts Cruise Passenger Increase in 2015
Cruise Lines International Association (CLIA) released its annual State of the Cruise Industry Report today and is once again projecting industry growth in 2015. A record 23 million passengers are expected to sail this year, with 61 percent of North American CLIA-certified travel agents reporting an increase in 2015 travel bookings over this time last year. CLIA also revealed that member cruise lines are scheduled to debut 22 new ocean…
Seminar Addresses Marine Vibro-Acoustics
As the International Maritime Organization (IMO) furthers measures for controlling onboard noise and vibration levels in the interest of passengers and seafarers’ health…
Bulk Carrier Delivered to Uni-Asia Holdings
Uni-Asia Holdings Limited announced an update on the progress of the vessel acquisition project of Regina Bulkship S.A., a 51% owned subsidiary under Uni-Asia Shipping Limited…
Sheen Named ICG Managing Director
Andrew Sheen has been appointed by the Irish Continental Group (ICG) to the position of Managing Director of its Irish Ferries division. Sheen will assume his new role with effect from the beginning of April, reporting to ICG’s CEO, Eamonn Rothwell. Operations Director since 2012, Sheen has been involved in shipping for over 26 years, 10 of them with Irish Ferries - first as a sea-going Chief Engineer and, since 2010, in shore-based operations roles.
Maritime Propeller Repairs Certified for In-Situ Welding
Maritime Propeller Repairs BV (MPR) obtained a DNV-GL certification to perform propeller repairs using in-situ welding, the company announced today. Netherlands-based MPR is now the only company certified for vertical welding on propellers. Most repairs on propeller blades require the removal of the propeller from the shaft, which necessarily includes the removal of the rudder, a time-consuming and costly procedure.
US Navy Mobile Landing Platform Christened
General Dynamics NASSCO christened the U.S. Navy’s newest ship, the USNS Lewis B. Puller (MLP-3 AFSB), on Saturday during a christening ceremony held at the San Diego builder’s shipyard. This third Mobile Landing Platform (MLP) is the first ship of the class to be configured as an Afloat Forward Staging Base (AFSB), adding a flight deck, berthing, fuel storage, equipment storage, repair spaces and accommodations for up to 250 personnel.
India to Raise $2B in Foreign Funding for Ports
The Indian government is planning on raising $2B in overseas funding for major port expansion, the Economic Times of India reported today. The funding will also be used to construct rail and road projects to connect the ports to the country's interior. Indian officials told the Times that the proposal is soon to be finalized, and funds will be used to invest in 12 major ports. Officials also added that the plan will require approval from the Finance Ministry and the Reserve Bank of India.
Cold Kills 29 on Italian Coast Guard Boats
Twenty-nine migrants died of hypothermia aboard Italian coast guard vessels on Monday after being picked up from a boat adrift near Libya, reigniting criticism of…
Navy Leaders: Uncertainty Will Drive Innovation
Department of Navy leaders at the Naval Future Force Science and Technology (S&T) EXPO in Washington D.C., February 5 called for investment in new ideas and scientific research to keep the U.S. Navy and Marine Corps technologically superior in increasingly uncertain times. Sean J. Stackley, assistant secretary of the Navy for research, development and acquisition, said tight budgets at home and technological…
Zenith Acquires Bantry Bay Oil Terminal
International liquids and bulk terminaling company Zenith Energy has acquired the Bantry Bay Oil Terminal in West Cork, Ireland, from Phillips 66. The terminal, located on Whiddy Island in Bantry Bay…
$13B Needed to Repair US Locks
There are 192 locks on 12,000 miles of American rivers, and most have lived far beyond their life expectancy, the NY Times reported last week. The Times reported…
