Damen Secures Nigerian Patrol Vessel Order
Just over a year after it took delivery of the second of two FCS 3307 Patrol vessels, Homeland Integrated Offshore Services Limited (Homeland) of Nigeria has ordered one more of the same class with an option on a second, to be named Guardian 3 and Guardian 4. Like their two predecessors, the two vessels are being supplied as a turnkey solution. The Damen Group is taking care of delivery and crew training, as well as the design and build.
Hapag-Lloyd Postpones UASC Takeover
German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk. All merger clearances and regulatory approvals and all necessary banking approvals from Hapag's side have been obtained as have most banking approvals from Dubai-based UASC’s side, it said.
Aker Solutions Secures Work for Njord A Upgrade
Aker Solutions will provide design engineering for the upgrading of the semi-submersible Njord A platform in Norway. The company will as a subcontractor of Kvaerner take part in upgrading the platform after operator Statoil exercised an option in an agreement awarded in April 2016. The option is for work in the engineering, procurement and construction phase of the project. Aker Solutions' share of…
Is Dry Bulk Still on Track for Profitability in 2019?
The dry bulk industry remains well on target for profitable freight rates in 2019, according to BIMCO. This relies however, on the projected fleet supply growth rate of 0 percent in 2017 continuing. The handymax segment may even see profits in 2018 as demand may go beyond 2 percent in 2017 before reverting to 2 percent in 2018 onward. In 2016, the supply side grew by 3 percent and the demand side grew by 2.4 percent measured on a metric-ton-mile basis.
Video: Durban Pilot Steers Car Carrier in Rough Seas
Earlier this week, Port of Durban’s marine pilot Rainer Rauntenberg safely steered a car carrier vessel into the port as cyclonic weather conditions battered the Durban beach front. On Sunday, March 12, 2017, Rauntenberg steered the ro-ro vessel under adverse weather conditions believed to be caused by a tropical cyclone Enawo, which struck Madagascar last week. A video is available here. As a result of the rough weather conditions…
USCG Commandant Delivers State of the Coast Guard Address
U.S. Coast Guard Commandant Adm. Paul Zukunft delivered the 2017 State of the Coast Guard Address at the National Press Club Thursday. This was Adm. Zukunft's third State of the Coast Guard Address and he emphasized the service as a unique instrument of national security. First and foremost an armed service, the Coast Guard is the only branch of the U.S. armed forces that has broad law enforcement authorities and a portfolio of more than 60 bi-lateral agreements that extend around the globe…
Martek Named on EU Maritime Drone Contract
Martek Marine (Martek) has been awarded a two-year Remotely Piloted Aircraft Services (RPAS) contract from the European Maritime Safety Agency (EMSA). The services offered will fulfil part of the world’s largest ever maritime drone contract. Part of a five-year EMSA strategy of improving coastguard monitoring and surveillance of maritime activity valued at €67 million, the service provision from Martek not only includes the RPAS…
North Korean Bulkers Stranded as China Enforces Sanctions
At least ten North Korean ships have arrived at a Chinese port after being stranded for the past three weeks following the top global coal consumer's ban on imports…
Eley to Take over as Polarcus CEO
Duncan Eley has been appointed chief executive officer of Oslo listed offshore geophysical services company Polarcus Limited, replacing Rod Starr, who has resigned following a two year reorganization period. Eley has been promoted to the CEO role from his current position as chief operating officer, succeeding Starr effective immediately. Starr will continue to work with the executive management team and Polarcus' Board of Directors for a transition period during the second quarter of 2017.
Skilled Workers Needed to Build Trump's Navy Vision
U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders…
Asia Tankers-VLCC Weighed by Excess Tonnage
MidEast, West Africa rates diverge; oil output curbs in Iraq and West Africa could weigh on tanker market. Freight rates for very large crude carriers (VLCCs) are…
Capacity Building for Sustainable Shipping
International Maritime Organization (IMO)'s response to the needs of developing countries for building capacity and facilitating technology transfer to promote low…
India to Develop Inland Waterways in Assam
River Brahmaputra from Dhubri to Sadiya was declared as National Waterway-2 (NW-2) in 1988. A Detailed Project Report (DPR) for NW-2 was prepared by the Howe Engineering Project (India)…
Singapore Supports ReCAAP ISC’s Roadmap for the Future
Singapore endorsed the roadmap and strategies to strengthen Regional Cooperation Agreement on Combating Piracy and Armed Robbery (ReCAAP) Information Sharing Centre…
Trinidad and Tobago: Focus on Security Drills and Exercises
International Maritime Organization (IMO) is conducting an Advanced Drills and Exercises Workshop for inspectors and officers responsible for port security in Trinidad and Tobago.
CMA CGM Supports Le Carburateur
CMA CGM, a leading worldwide shipping group, and le Carburateur, an incubator for small companies in the Marseille Northern Area in France, team up to stimulate…
Indian Shipping Ministry Observes Swacchta Drive
The Ministry of Shipping, India will observe 'Swacchta Pakhwada' (Cleanliness Drive) from 16th March, 2017 to 31st March, 2017. The special occasion of "World Water…
IMO Helps African Leaders Seek Collaboration in Malaysia
Twenty-one African International Maritime Organization (IMO) Member States are taking part in the three day Malaysia Maritime Leaders Forum in Kuala Lumpur, Malaysia (15-17 March 2017)…
Irving Shipbuilding Invests in Ocean Technology Programs
Irving Shipbuilding Inc. said it has made a multimillion dollar investment to support marine innovation and commercialization in Nova Scotia and across Canada. The…
ALMACO to Deliver Catering Areas for Saga Cruise Ship
ALMACO said it has been contracted to build the catering areas onboard the first newbuild ship for Saga Cruises at Meyer Werft shipyard in Germany. The vessel is expected to be delivered in summer of 2019, with the option to order a second with expected delivery in 2021. ALMACO’s scope of work includes the complete galley and pantry equipment and visual turnkey installation. The galley was specifically designed to provide flexible dining and to meet guests every requirement.
