PC Maritime ECDIS for 39 OSG Tankers
PC Maritime has secured a contract to supply, install and commission dual Navmaster ECDIS on 39 tankers owned by Overseas Shipholding Group (OSG) and managed by V.Ships UK.
Wärtsilä to Upgrade Residential Ship "The World"
"The World", the largest, private, residential ship on the seas, will be retrofitted with a Wärtsilä Advanced Wastewater treatment system and a Wärtsilä Nacos Platinum…
Cosco’s Offer for Piraeus Port Due
Cosco Pacific is expected to submit an improved bid for the controlling stake in Piraeus Port Authority (OLP) on Wednesday that is set to be discussed at the board…
European Shipowners Welcome EP TiSA Recommendations
European shipowners welcome the European Parliament’s INTA Committee recommendations to the European Commission on the ongoing negotiations of the Trade in Services…
Outlook for Listed Dry Bulk Companies in 2016
Investors suffered massive wealth erosion in 2015, as share prices of dry bulk companies kept tumbling during the year, says Drewry Maritime Equity Research (DMER).
Offshore Service Craft in Focus
Defining “industrial personnel”, such as workers transported on offshore service vessels, is among the topics on the agenda of International Maritime Organization…
CMA CGM Announces NEFGUI and North Brazil Feeder to Call at Vila Do Conde
CMA CGM announces its customers that in a continuous effort to improve its services, NEFGUI and NORTH BRAZIL FEEDER will now be calling at Vila Do Conde in replacement of Belem.
Saudi KAP Ends 2015 with Stellar Feats
King Abdullah Port (KAP), the first privately developed and managed port in the Saudi Kingdom and the region, has announced the port’s success in handling 1,307…
Indonesian Shipyard Launches Frigate
The first of two SIGMA 10514 Perusak Kawal Rudal (PKR) guided-missile frigates under construction for the Indonesian Navy (TNI AL) has been launched by PT PAL’s Surabaya Shipyard.
Another Z-drive Towboat from Master Marine
In December, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala. The 78'x 34’x11' St. John was designed by Entech & Associates, for Marquette’s Gulf-Inland division, based in Harahan, La. The steel-hulled St. John is powered by a pair of Thompson Power Systems Caterpillar C32 Tier 3 1,000-hp engines at 1,800 rpm connected to ZF Marine ZF AT 5111WM-FP Z-drives with 1,650 mm (65") 4-bladed propellers in nozzles.
BWM Convention Falls Short on Tonnage
Following the spate of ratifications in November 2015 of the BWM Convention, the International Maritime Organization (IMO) and partner IHS Maritime & Trade have been engaged in a process to verify tonnage figures to ascertain whether or not the convention’s final entry-into-force requirement has been met. Although that process is not yet complete, and will continue for up to three more weeks, IMO is…
Subsea Global Solutions Opens Texas Office
Subsea Global Solutions (SGS), an underwater repair, maintenance and marine solutions provider for the global marine industry, today announced that the company has…
RINA to Start Classifying Iranian Ships in Weeks
Italy's RINA expects to start verifying safety and environmental standards for Iranian ships including oil tankers in a matter of weeks, the classification society said…
Sailors’ Society Woolly Hat Week to Aid Seafarers
Press release - Sailors’ Society is encouraging supporters to be a #HatHero this Woolly Hat Week to raise awareness of the challenges seafarers face daily and to help seafarers in need. Sponsored by Lloyd’s Register, this Woolly Hat Week will be held February 14-21. You can lend your support by wearing a woolly hat to work, donating to Sailors’ Society and tweeting a selfie to #HatHero @SailorsSociety.
US-flag Lakes Cargo Volumes Lowest Since 2009
U.S.-flag Great Lakes freighters (lakers) moved 87.2 million tons of cargo in 2015, a decrease of 3.3 percent compared to 2014, the Lake Carriers’ Association (LCA) said. The end-year tally is the lowest since 2009 when the U.S.-flag float totaled 66.5 million tons. According to the LCA, the total volumes or iron ore, coal and sand shipments fell in 2015, while limestone, cement and grain cargos saw overall gains. Sand shipments, meanwhile, stayed about even with 2014’s figures.
Harding Wins Heerema Sleipnir Contract
Harding has been awarded contracts for nine FF1200 freefall lifeboat systems complete with davits on Heerema Offshore Services BV’s Semi Submersible Crane Vessel Sleipnir. The vessel will be built by Sembcorp Marine at its flagship Tuas Boulevard Yard in Singapore. Heerema’s Sleipnir is one of just a handful of large offshore projects currently running, along with the Johan Sverdrup Field Centre in Norway, where Harding is also a supplier.
Insurer Caution to Slow Oil Tanker Market's Return to Iran
Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players…
Curtiss-Wright, Geospectrum Technologies Collaborate
Press Release -- Curtiss-Wright’s Defense Solutions division has announced that its INDAL business unit is collaborating with GeoSpectrum Technologies to develop a new compact and lightweight sonar system designed for the smaller surface ships and Unmanned Surface Vehicle (USV) markets. The TRAPS (Towed Reelable Active Passive Sonar) system will deliver a unique, high-performance Antisubmarine Warfare (ASW) solution to the undersea warfare marketplace.
Eastern, Harvey Gulf Launch MV Harvey Stone
Eastern Shipbuilding Group, Inc. announced the launch of the M/V Harvey Stone (Hull 234) on December 18, 2015 for Harvey Gulf International Marine, LLC of New Orleans. The Harvey Stone is a Rampage 6400 multipurpose field support vessel (MPFSV), designed by Robert Allan, LTD of Vancouver, B.C. The launching event was held at Eastern’s Allanton facility with hundreds of Eastern employees, several representatives from Harvey Gulf and guests in attendance.
Statoil Goes Ahead with Arctic Field after Halving Costs
Norwegian oil major Statoil plans to develop its Arctic Johan Castberg oilfield after having cut costs by half, with a decision on investments in 2017, its chief executive said on Tuesday. Worried by high costs of operating in the remote Arctic Barents Sea, the Norwegian oil major last year delayed a final investment decision for Castberg, one of the world's northernmost oil finds. "The investment…
