Vard Bags Hapag-Lloyd Cruises contract for 2 Vessels
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that it has secured contracts for…
Sovcomflot Profits slip
Reviewing the company’s financial and operating results for the first half year ended 30 June 2016, on 23 August 2016, the Executive Board of PAO Sovcomflot (“SCF…
Damen Trading Sale hits 500th Vessel
30 years and 500 vessels later, Damen Trading is just getting started. Damen Trading’s story begins in 1986, with Damen Shipyards Group responding to growing market demand for used vessels.
Scorpene Submarine Data Leak: Setback to Indian Navy
India has began multiple investigations to determine the extent of damage caused by the reported massive leak of secret data detailing the combat and stealth capabilities…
Shenzhen Port to Adopt China ECA Regulation
China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year…
Cochin Port Gets a Little 'Breathing Space'
The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government…
Asia’s Biggest Container Shipper Posts Loss
Asia’s largest container shipping company China Cosco Holdings Co posted a net loss of Yuan7.2bn ($1.1bn) for the first six months of 2016, reversing the Yuan2bn…
Viking Grace Marks 1,000 LNG Bunkering Milestone
From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone. The vessel attracted global attention as an environmental…
Hoegh LNG Profits Dip
Norway-based owner and operator of floating LNG import terminals, Höegh LNG reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016.
NOAA Engineers a Better Current Sensor for Mariners
Navigating into seaports is now safer and more efficient for mariners thanks to improved NOAA technology that ships rely on to give them information about currents. The Center for Operational Oceanographic Products and Services (CO-OPS) developed a more reliable, cost-saving version of a current sensor system that can now be placed at more remote locations along navigation channels. The updated Acoustic…
Matson Orders Two ConRo Ships from NASSCO
Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two new combination container and roll-on/roll-off (Con-Ro) vessels for its Hawaii fleet at a contract price of $511 million for both vessels with deliveries scheduled for the end of 2019 and mid-year 2020. Matson is calling these vessels the…
MN100: Conrad Shipyard
Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both commercial and government markets. The company provides both repair and new construction services at its five Gulf Coast shipyards located in southern Louisiana and Texas.
Why Maritime Museums Matter
Maritime museums, such as GulfQuest National Maritime Museum of the Gulf of Mexico, are here to introduce to some (and reinforce to others) the continued importance of maritime history and the cultural and economic impact the industry has on a global scale. By doing so, more and more millennials are discovering jobs outside of Silicon Valley, ones that do not require sitting behind a desk all day; jobs that enable you to travel the globe…
Hellenic Petroleum Profits Rise on Higher Exports
Hellenic Petroleum, Greece's biggest oil refiner, posted a 20 percent rise in second-quarter core profit on Thursday, with higher exports offseting lower refining margins.
MN100: TPG Marine Enterprises, LLC
TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System. The firm owns and operates eight facilities in the Midwest and has about 200 employees. TPG Marine has interests in terminals servicing the Ohio, Green and Illinois Rivers along with a shipyard in Chicago. TPG brings innovation, efficiency…
Iran Vessels Make 'High Speed Intercept' of US Ship
Four of Iran's Islamic Revolutionary Guard Corps (IRGC) vessels "harassed" a U.S. warship on Tuesday near the Strait of Hormuz, a U.S. defense official said, amid Washington's concerns about Iran's posture in the Gulf and in the Syrian civil war. The vessels harassed the destroyer by "conducting a high speed intercept and closing within a short distance of Nitze, despite repeated warnings," the official said. IRGC, the Islamic Republic's praetorian guard, is suspicious of U.S.
Shots Fired: US Navy Ship Warns Iranian Vessel
A U.S. Navy ship fired warning shots after an Iranian fast-attack craft approached two U.S. ships in the northern Gulf on Wednesday, a U.S. Defense official said. The official, speaking on the condition of anonymity, said three warning shots were fired from a .50 caliber gun after warning flares did not work. The incident started with three Iranian vessels, but there was only one Iranian vessel around by the time the warning shots were fired, the official said.
Liftboat Jinshan 1 Delivered
A 97.5m truss-legged liftboat designed by A. K. Suda (SUDA) has been completed and is being delivered to its owner, following on the heels of a 91.5m truss leg liftboat delivered earlier this year. Built by Triyards Marine for Swissco Offshore, the new state-of-the-art vessel Jinshan 1 is a four-legged, self-propelled, self-elevating, general service liftboat based on the SUDA 320-L4T. It is ABS classed with Unrestricted Service, +A-1, + AMS. The hull dimensions are 55m x 35m x 4.5m.
MN100: R.W. Fernstrum & Company
R.W. Fernstrum & Company set the standard in marine heat exchangers over 65 years ago, building a reputation focused on innovation. Today, its commitment is to continual improvement, ensuring that customers have quality, reliability, and the latest in cooling technologies on your side. Over the years, R.W. Fernstrum & Company has grown into a worldwide organization with more than two dozen representatives across 6 continents.
Heavy Lifting: Giant Pipe Racks Shipped for New FPSO
From Brazil to China and then back to Brazil, five pipe racks and three modules weighing a total of 1,871.51 metric tons and measuring 24,075 m³ will be transported by heavy lift shipping specialist HANSA HEAVY LIFT for a new floating production storage and offloading unit (FPSO) to eventually operate off the coast of Brazil. With the heaviest piece weighing 730 metric tons, the cargo was loaded onto…
