Egypt: Suez Canal Zone to Make Up 30-35% of Economy
Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt's economy, the country's investment minister said on Thursday.
Maersk Oil Hires Ampelmann Gangway System
After having performed a walk to work (W2W) campaign in the summer of 2014, Motion Compensation Gangways (MCG) developer Ampelmann has again been awarded a contract from Maersk Oil North Sea UK Limited (MOUK) covering the time charter of its A-Type. MOUK will use the Ampelmann system for a shutdown campaign in the U.K. sector of the central North Sea to extend the weather window and increase workability and efficiency.
Tank Coating for Navig8 Chemical Carrier Newbuilds
Shipowner Navig8 is progressing application of Interline9001, an advanced cargo tank coating from AkzoNobel’s International marine coating product range, on a series of 18 chemical tankers currently under construction at Hyundai Mipo Dockyard, South Korea. According to the coating’s manufacturer, Navig8 selected its Interline9001 to deliver operational benefits for the 37,000 dwt vessels, providing…
Lamprell Delivers Jackup Rig to Greatship
Lamprell announced it has completed construction on jackup drilling rig Greatdrill Chaaru, delivering the rig to Greatship Global Energy Services Pte. Ltd. Greatdrill…
New Tool for Recovering Oil from Sunken Wrecks
A tool for removing oil trapped in submerged vessels has been developed in Norway by design specialists Miko Marine. The launch of the Moskito aims to address the pollution threat that exists with the large numbers of sunken ships around the world that still contain quantities of oil in their tanks as cargo or bunker fuel. Many of the thousands of ships sunk during World War II now have 70 years of…
Food Handling Products Ordered for Ovation of the Seas
ALMACO informs it has been contracted to deliver food handling products for the Royal Caribbean International’s Ovation of the Seas, the third Quantum-class ship scheduled for delivery during the second quarter of 2016. The contracts, awarded by Meyer Werft shipyard in Papenburg, Germany, comes in addition to 2,050 square meters of Provision Stores that ALMACO delivered for Quantum of the Seas this past October and that is currently installing on board Anthem of the Seas in 2015.
Gulf of Mexico Sees First LNG-powered OSV
A special Offshore Supply Vessel (OSV) has been delivered to Shell for its deepwater operations in the Gulf of Mexico. The vessel, Harvey Energy, is chartered from Harvey Gulf International Marine and is the first of its kind in the region to run on both liquefied natural gas (LNG) and diesel. Built by the Gulf Coast Shipyard in Mississippi to meet requirements of the ABS “ENVIRO+, Green Passport” notation, the vessel is 302 feet long and operates on three dual-fuel Wärtsilä engines.
Australia Announces Patrol Boat Tender
The Australian Government announced a Request for Tender (RFT) to replace the Pacific Patrol Boats under the Pacific Maritime Security Program, Project SEA3036 Phase 1. The project involves the construction in Australia of up to 21 steel-hulled replacement patrol vessels, representing an investment in the nation’s defense industry with the Australian-made patrol boats worth $594 million in addition to through life sustainment and personnel costs estimated at $1.38 billion over 30 years.
Bestobell Bags Hat Trick Order in China
Bestobell Marine, part of the President Engineering Group, has received its third order in the past 12 months from Hudong Zhonghua shipyard in China. The deal involves the supply of 460 cryogenic miniature needle globe valves per ship for four Teekay/CNOOC/China Shipping Group LNG (liquefied natural gas) Carriers to be built at the shipyard, which will be chartered by BG Group. Bestobell Marine has already secured orders for its cryogenic globe and check valves…
Panama Accredits Maritime Security Firm
The Panama Maritime Authority has accredited ESC Global Security personnel to offer protection aboard Panamanian-registered vessels, in what is thought to mark the first Private Maritime Security Companies (PMSC) licence issued under the new Panama Administration. During December 2014, a new set of rules including a new licence fee for PMSCs was introduced whereby failure to comply would result in the revocation or suspension of a security company’s operating licence.
Vancouver Container Fire Closes Port
A large portion of Canada's biggest port was shut down on Wednesday after a chemical fire broke out amid numerous shipping containers piled up in a yard east of Vancouver's downtown core.
Port of Rotterdam 2014 Profit Dips
The Port of Rotterdam Authority said on Thursday its net profit for 2014 fell 4.9 percent to 215 million euros ($237 million) on higher financing costs. Europe's…
UK Will Force Fridman to sell N.Sea Assets
Britain is ready to force the sale of Russian oligarch Mikhail Fridman's recently acquired North Sea energy assets unless it receives unspecified assurances within the next week…
Bulker Loses Power, Runs Aground
The U.S. Coast Guard is monitoring a vessel that lost propulsion and briefly grounded in the vicinity of Welch Island, Wednesday. The crew of the 738-foot bulk carrier…
GOST to Unveil New Products at MSE Conference
GOST (Global Ocean Security Technologies),announced today that it will highlight its newest commercial maritime products at the 2015 Maritime Security East conference in Jacksonville…
General Dynamics Board Increases Dividend
The board of directors of General Dynamics today declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable May 8, 2015, to shareholders of record on April 10.
MacGregor Wins Chinese Shipyard Order
MacGregor, part of Cargotec, has received an order from Wuhu Xinlian Shipyard in China for eight MacGregor dry bulk cement handling systems. The fully automated…
BIMCO Environmental Performance Guide
BIMCO today launched a new, multi-part guidance resource to support ship owners and operators in improving their environmental performance and the efficiency of their ships.
Coastal Interceptors for Kuwait Coast Guard
Following an extensive evaluation protocol, the Kuwaiti Ministry of the interior has placed an order with Tampa Yacht Manufacturing LLC based in Florida – U.S.A…
Ensco Announces Cash Tender Offer
Ensco plc announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 3.25% Senior Notes due 2016 (CUSIP No. 29358QAB5).
