France to Pay Russia Under €1.2 bln Over Warships
The total cost to France of reimbursing Russia for cancelling two warship contracts will be less than 1.2 billion euros, French Defence Minister Jean-Yves Le Drian said on Thursday.
Fincantieri, Gibbs & Cox Launch R&D Initiative
Fincantieri Marine Group LLC, the U.S. subsidiary of Italy’s shipbuilding giant FINCANTIERI S.p.A., and Gibbs & Cox, Inc., the independent naval engineering and design firm in North America…
Richardson Confirmed as Next CNO
Adm. John M. Richardson, director, Naval Nuclear Propulsion Program, was confirmed by the Senate as the 31st Chief of Naval Operations (CNO) Aug. Richardson will replace Adm. Jonathan W. Greenert who has been CNO since September 2011. Vice Adm. Frank Caldwell, who was also confirmed by the Senate today, will succeed Richardson later this month as the director, Naval Nuclear Propulsion Program. "I am honored and humbled to have been nominated and confirmed to succeed Adm.
Delta Marine Workboat is a Windfarm Winner
Delta Marine said its vessel Whalsa Lass has demonstrated its versatility during recently completed works on the large windfarm off the coast of Grimsby, U.K. for one of the “Big 6” energy contractors. The windfarm consists of 73 Vesta V112 3MW turbines located in water depths of some 15 meters and is now providing electricity sufficient to power up to 170,000 homes. When the Shetland based operator…
Pier Demolition Makes Way for Ferry Terminal
Demolition of the Mukilteo tank farm pier has begun. The work makes way for a new terminal to replace Washington State Ferries’ existing, 60-year-old facility in Mukilteo. The project will result in a cleaner Puget Sound by removing 7,000 tons of toxic creosote-soaked timber piles, about 4 percent of the remaining creosote in the sound. “This is a significant milestone for the project. The Mukilteo Multimodal Project will bring critical improvements to the Mukilteo/Clinton ferry route…
Allied Marine Crane Outfits R/V Neil Armstrong
The U.S. Navy’s research vessel Neil Armstrong (AGOR-27), scheduled for completion this year, is equipped with a modern array of oceanographic research equipment. To handle this equipment, Allied Marine Crane, a division of Allied Systems, Co., was chosen to design and manufacture two cranes, one A-frame, one davit, two handling systems and two hydraulic power units. Allied Marine Crane equipment was specified based on their history with research equipment handling…
More Than 200 Feared Dead in Sinking of Migrant Boat
Hopes faded of finding more survivors on Thursday from a shipwreck in which 200 migrants are feared drowned, as rescue ships were called to the aid of more migrant…
Maersk Welcomes Suez Canal Expansion
As the largest customer of the Suez Canal with more than 1,400 transits in 2014, the Maersk Group welcomes the expansion of the Suez Canal and the advantages it entails. Egypt has all through the 20th and 21st century acted as the bridge between Europe and Asia thereby enabling global trade and growth. From 2004 to 2014, container volumes transported via the Suez Canal has grown around 70 percent and…
Ecopetrol Cartagena Oil Refinery to Restart by March
Colombian state-run oil producer Ecopetrol will fully restart its Cartagena refinery by March, Chief Executive Officer Juan Carlos Echeverry said on Thursday. The…
New World Record for Norsafe
Norsafe set a new world record June 25, 2015, when the 70 passenger GES50 MKIII was dropped from 40 meters with 10 persons on board. There has never before been a staffed lifeboat dropped from this height. The drop was completed successfully, and the triumphant crew emerged to an applause from the supporting crew and technical staff. “The feeling of being weightless for more than 3 seconds of time felt like forever, although the wait up until the actual drop felt much longer.
New Composites Accreditations for Retlif Testing Laboratories
EMI/EMC and Environmental (ESS) compliance and testing services provider Retlif Testing Laboratories informs it has finalized the accreditation process for its new dedicated Composites Testing Laboratory. Located within the Composite Prototyping Center (CPC), in Plainview, N.Y., the new laboratory is now fully accredited to IS0-STD-17025, the international standard that represents the basis for accreditation from an accrediting body through formal recognition of demonstration of that competence.
Austal Delivers High Speed Catamaran Ferry
The first of two high speed catamaran ferries built by shipbuilder Austal Limited was delivered to the Abu Dhabi National Oil Company (ADNOC). The vessel constructed at Austal’s Philippines shipyard. Austal Chief Executive Officer Andrew Bellamy said the on-time and on-budget delivery demonstrates Austal’s ability to compete in this target market. “We continue to see opportunities in the Middle East…
Hoover Container Solutions Opens Facility in Brazil
Hoover Container Solutions, a global provider of chemical tanks, cargo carrying units and related products and services, opened its new service facility in Brazil. The wash line facility allows Hoover to provide expanded cleaning services while handling all intermediate bulk containers (IBCs), ISO tanks and offshore equipment destined for oil and gas platforms, mining sites, islands and supply bases in the region, Hoover said.
Prumo Sells 20% of Brazil Acu Oil Terminal to Oiltanking
Prumo Logistica SA , the Brazilian port operator controlled by U.S.-based EIG Global Energy Partners, agreed to sell 20 percent of its oil terminal at Brazil's Port…
Egypt's Sisi Launches Nationalist New Suez Canal Celebration
Egypt staged a show of international support on Thursday as it inaugurated a major extension of the Suez Canal which President Abdel Fattah al-Sisi hopes will power an economic turnaround in the Arab world's most populous country. The former armed forces chief, who led a military takeover two years ago but ran for president as a civilian last year, told a ceremony attended by leaders of France, Russia, Arab and African states that Egypt would defeat terrorism.
CMA CGM Ships Lead Procession in the Suez Canal
Worldwide shipping group CMA CGM informs that two of its containerships are leading a vessel procession that celebrates the inauguration of the newly expanded Suez Canal on Thursday, August 6. The two vessels at the head of the procession, CMA CGM Laperouse and CMA CGM Titan, sail as part of 11 of CMACGM’s main shipping lines transiting by the Suez Canal. Eight percent of the world’s commercial maritime traffic goes through the Suez Canal…
Container Ships Make Slow Return to Iran After Nuke Deal
The first international container ships began arriving in Iran this week after the nuclear deal between Tehran and world powers, yet many ship owners remain wary…
Calais Crisis Presents Liability Issues, TT Club Warns
As the political and humanitarian situation in Calais continues to unfold, the specialist freight transport insurer, TT Club provides a perspective on the implications…
ASEAN Nations: Seriously Concerned over S.China Sea Dispute
The ASEAN group of Southeast Asian nations said it was "seriously concerned" about land reclamation in the South China Sea, according to a draft of the final communique…
Asia Dry Bulk-Capesize Rates Steady at 8-month High
Freight rates climb after BHP-led charter flurry; tight tonnage supply bolsters capesize freight rates. Freight rates for capesize bulk carriers could hold around…
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