Carnival Confirms Chinese JV Cruise
In an industry first, the Miami-based Carnival Corp. will develop a multi-ship domestic Chinese cruise brand with Chinese partners. Carnival, the world’s largest cruise company…
Indian Navy Still Waits to Take Call on Torpedoes
India government’s failure to take a decision on the purchase of 98 Black Shark torpedoes worries Indian Navy as the induction of the first Scorpene submarine is less than a year away, reports DHNS.
Ferguson Signs $150mln LNG Ferries for CMAL
Scotland-based Ferguson Marine Engineering (FMEL) has signed a deal to build two 100-meter, dual-fuel ferries for Caledonian Maritime Assets Ltd (CMAL) in a contract…
Bahrain Set to Award $400mln Floating LNG Contract
The Bahrain National Oil and Gas Authority (NOGA) will award a $400 million Liquefied Natural Gas (LNG) terminal contract next month, Energy Minister Abdulhussain Mirza told local media this week.
Greek-US Plan for an LNG Terminal
Greece and the US are likely to reveal a joint venture to develop a liquefied natural gas (LNG) terminal when US Secretary of State John Kerry makes an official visit to Athens in November.
South Port says Shipping Rates 'Unsustainably Low'
Shipping rates in New Zealand waters have become "unsustainably low" in the wake of supply chain agreements such as between Kotahi and Port of Tauranga, NBR reports…
The Sustainable Ocean Summit set for Singapore
“Sustainable development” has gone from buzz word to business imperative in the two decades since the initial Earth Summit in Rio de Janeiro in 1992. Companies are increasingly evaluated on how well they address sustainability as a critical measure of their commitment to the triple bottom line – people, planet and profit. Stakeholders expect companies to develop sustainability and corporate responsibility…
Portugal: Searching for Lost Maritime Glory
Although a small nation on the Atlantic shores, Portugal in the 16th century was credited with discovering most of the “New World” previously unknown to Europe.
Company Profile: Offshore Inland
With Offshore Inland Marine & Oilfield Services Inc (OIMO), a leader in topside and riding crew repair services, experiencing strong growth before the drilling market softened, the company knew its days in Mobile, Ala., were numbered, as it had outgrown its five acre facility and fabrication shop. But it didn’t have to go far, earlier this year moving 60 miles east to Pensacola, FL, finding the backing of a strong maritime community with a wealth of technical talent…
NOAA Orders Research RHIB from Willard
Willard Marine, Inc.was awarded a contract by the National Oceanic Atmospheric Administration (NOAA) to produce a 20’08” rigid hull inflatable boat for the Pacific…
FPSO Guide to Life Extension
There are new-builds, and there are conversions. In lean times, there’s also “life-extension” for FPSOs increasingly seen as the best hope of developing oilfields too pricy as platform projects. Life extension is about making first-time money, cutting costs or continuing to earn when a field or floater enters a new stage. It’s also about safety. Life extension involves major, multiyear considerations for operators and FPSO contractors…
VOOPS: Venice Offshore Onshore Port System
The New York Times once called Venice “undoubtedly the most beautiful city built by man.” But as beautiful as Venice might be, it is still a port city struggling to compete in a global economy, and beauty doesn’t attract Ultra Large Container Vessels (UCLV). Port of Venice authorities hope that its ambitious new offshore-onshore port project might do just that. The Venice Offshore Onshore Port System (VOOPS) was born out of necessity.
Saudi Shipper Bahri Seeks $747 mln for Vessel Financing
National Shipping Company of Saudi Arabia (Bahri) is in talks with banks to raise around 2.8 billion riyals ($747 million) from a long-term loan to be used towards vessel financing, two sources aware of the matter said on Wednesday. Bahri became the sole provider of very large crude carrier (VLCC) oil shipping services to Saudi Aramco after it purchased the marine unit of the oil giant in a deal first announced in 2012 and completed last year.
Front Street Shipyard Partners with Norwegian Ferry Builder
Front Street Shipyard in Belfast, Maine, is partnering with Brødrene Aa in Hyen, Norway, to market, sell and build carbon fiber ferries throughout the United States under the new company name Arcadia Alliance. Working in conjunction with Maine Composites Alliance and Martin Grimnes, a Norwegian composites expert living in Maine, Arcadia Alliance is marketing its highly efficient ferries to state and federal agencies seeking to replace aging, inefficient passenger vessels.
USCG Clarifies Safety Exams Protocol for CFV's
The Coast Guard published Marine Safety Information Bulletin, or MSIB, 12-15 to provide clarification about the five-year mandatory dockside safety exam that applies…
Navig8 Expands Chemical Tanker Fleet
Navig8 Chemical Tankers has announced that it has entered into contracts to purchase four 49,000 dwt IMO2 eco-design, Interline-coated chemical tankers to be built at STX Offshore & Shipbuilding Co., Ltd. in Korea ("STX"). The company also announced that it has secured options to purchase six additional sister vessels from STX. The vessels will be built to the same technical specifications as the Company's preexisting orders with STX…
Wilhelmsen Upgrades Maritime Protection Nitrogen System
Wilhelmsen Technical Solutions has re-introduced the Maritime Protection nitrogen inert gas system with significant functionality improvements designed to provide…
DNV GL Releases Cargo Liquefaction Guidelines
DNV GL has published a guideline for the design and operation of vessels with bulk cargo that may liquefy. The guideline aims to raise the awareness of the risks of liquefaction and describes mitigating actions to reduce these risks. Many common bulk cargoes, such as iron ore fines, nickel ore and various mineral concentrates, have the potential to transform into an almost fluid state, threatening the stability of the vessel.
Ship Engine Claims add to Volkswagen's Woes
Skaugen seeks about $50 mln from VW marine unit MAN; says MAN sold engines that underestimated fuel use. MAN also has counter-claims against Skaugen. Norwegian shipowner I.M.
Imtech Marine Acquisition Finalized by Pon, Parcom
The acquisition of Imtech Marine by Pon Holdings and Parcom Capital has been finalized. The European Commission has approved the takeover of the leading maritime service provider.
