Inmarsat Debuts Enhanced Maritime Product Roadmap
Inmarsat today announced its enhanced Maritime product roadmap consisting of two new services designed specifically for Inmarsatās Global Xpress network: Fleet Xpress and FleetBroadband Xtra.
Brits Welcome Chinese Navy Fleet
As the largest Chinese Navy fleet visit Britain began a five-day official visit at Royal Naval Base in Portsmouth, United Kingdom, an ecstatic welcome was given by localsā¦
Hyundai Merges Offshore and Plant Divisions
To improve efficiency Koreaās Hyundai Heavy Industries (HHI) announced its intention to merge its plant division into the offshore business. The world's biggestā¦
COSCOL Profit Jumps
Shanghai Stock Exchange-listed COSCO Shipping Company Limited (COSCOL) says its profits shot up 491% year on year (y/y) to CNY193M ($31M) in 2014. Revenue improved 3% year-on-year.
USS Makin Island Visits Singapore
The amphibious assault ship USS Makin Island (LHD 8), embarked with Amphibious Squadron Five and 11th Marine Expeditionary Unit (MEU) arrived in Singapore today (Jan. 16) for a scheduled port visit.
Pakistani Ship breakers Lauds 15% Duty on Import
Welcoming the latest policy, Ship breakers in Pakistan defended the imposition of 15% Regulatory Duty (RD) on the import of all steel billets, steel bars and wire rods.
Shell, GDF Take Stakes in Floating LNG Terminal
Europe's largest oil company Royal Dutch Shell and French firm GDF Suez are likely to take 26 percent stake each in GAIL India Ltdās proposed āfloating LNG importā¦
Falling Oil Prices Help Boost Braemar Revenues
Braemar Shipping Services said its ship broking division saw an improvement in its performance during the last quarter. The merger in July with smaller rival ACMā¦
Port Slowdown Impacts Lewsiton Shipping
The Port of Lewiston's container shipments declined to the worst level in more than two decades in 2014, and port officials are blaming a union labor disagreementā¦
Russia May Sue France Over Non-delivery of Warships
Russia will take France to court within six months over its failure to deliver the first of two Mistral-class warships to the Russian navy, the Russian Defense Minister has said.
'Most Luxurious Ship Ever'
Regent says the luxury ship, Seven Seas Explorer, will have the highest space ratios and one of the highest staff-to-guest ratios in the cruise industry. The 56ā¦
US Judge: BP Spill Smaller Than Feared
BP Plc will face Clean Water Act fines for its Gulf of Mexico oil spill of up to $13.7 billion, less than a maximum of $17.6 billion it could have been fined, after a judge ruled on Thursday the size of the spill was 3.19 million barrels. The ruling by U.S. District Court Judge Carl Barbier put the spill's size well below the 4.09 million barrel estimate of the government and the 3.26 million estimated by BP.
Third Fugro Vessel to Join MH370 Search
An additional Fugro vessel has been commissioned to carry out underwater search activities for missing Malaysia Airlines flight MH370, the company announced. Multipurpose offshore survey vessel Fugro Supporter is on its way to the Southern Indian Ocean search area, having conducted trials in Bali. The vessel is equipped with a Kongsberg HUGIN 4500 autonomous underwater vehicle (AUV) which will be usedā¦
Nichols Brothers to Build Washington Ferry Superstructure
Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) has been contracted by Vigor Industrial to construct the superstructure portion of the third Olympic Classā¦
US Navy Expands Shipboard Missile Authorization
The U.S. Navy authorized ships in the Aegis Combat Weapon System baselines 5.3 and 3.A.0 series to carry the Raytheon Company Standard Missile-6. The authorization expands the missile's use from five ships to more than 35 ships. "SM-6 is the longest range integrated air and missile defense interceptor deployed, and its multirole capabilities are unprecedented," said Mike Campisi, Standard Missile-6 senior program director. To date, Raytheon has delivered more than 130 missiles to the U.S.
EFC Delivers Equipment to Chinese Shipyard
EFC Group has completed a $2.2million contract to design and build a BOP and diverter control system for China-based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore).
US Navy Ships Exit AirAsia Search
USS Sampson (DDG 102) and USS Fort Worth (LCS 3) concluded their assistance efforts January 15 after contributing more than 650 search hours to the Indonesian-led search effort for AirAsia flight QZ8501, The U.S. Navy reported. Working in coordination with the Government of Indonesia, the U.S. 7th Fleet assigned USS Sampson and USS Fort Worth to the mission shortly after the December 28 crash. USS Sampson departed from Singapore December 29 and arrived on station in the Java Sea December 30.
Traders to Store W.African Crude in US Until Prices Recover
Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks availableā¦
Norwegian Orders Rolls-Royce Propulsion Upgrade
Norwegian Cruise Line has selected a Rolls-Royce permanent magnet tunnel thruster to upgrade the propulsion package onboard cruise vessel Norwegian Epic. According to Rolls-Royce, the permanent magnet tunnel thruster offers numerous advantages over traditional tunnel thrusters including reduction in noise and vibration, an increase in power output of around 25% from the same size propeller, and is removable underwater eliminating the need for dry docking.
US Navy Eyes Next LCS Contracts in Q1
The U.S. Navy plans to award contracts before the end of the first quarter to Lockheed Martin Corp and Australia's Austal for its next three Littoral Combat Ships (LCS) as well as money to buy materials for a fourth, Navy officials said Thursday. Navy acquisition chief Sean Stackley told reporters the Navy was in talks with both companies and expected to award contracts before the pricing in the current proposals expired at the end of March.
