Navico Hires Elgie to Lead Americas Sales
Navico, parent company to marine electronics brands Lowrance, Simrad, B&G and C-MAP, announced today that Jamie Elgie has been appointed to the position of senior vice president and chief operating office of the Americas.In his new role, Elgie will be responsible for all sales, marketing and operations activities for the Lowrance, Simrad, B&G and C-MAP brands throughout North, Central and South America.Elgie came to Navico from Wilson ElectronicsâŠ
Wisconsin Shipyards Awarded Nearly $2 Mln in Grants
Wisconsin shipyards Bay Shipbuilding and Fraser Shipyards have been awarded nearly $2 million in 2018 Small Shipyard Grants from the U.S. Department of Transportation (DOT), U.S. Senator Tammy Baldwin today.The Small Shipyard Grant Program helps small shipyards, like Bay Shipbuilding in Sturgeon Bay and Fraser Shipyards in Superior, repair and modernize equipment, and train workers.âIn Wisconsin, and across America, small shipyards are considered the lifeblood of the maritime economy.
New Rule Creates Flexibilities for NVOCC Agreements
A Final Rule published today by the U.S. Federal Maritime Commission (FMC) offering deregulatory flexibilities for non-vessel-operating common carrier (NVOCC) negotiated rate arrangements (NRAs) and NVOCC service arrangements (NSAs) will go into force on August 22, 2018.The key changes to NRAs allow them to be amended at any time; allow the inclusion of non-rate economic terms; and, allow an NVOCC to provide for shipperâs acceptance of the NRA by booking a shipment.
US-flag Great Lakes Cargo Shipping Steadies
U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo in June, a near mirror image of a year ago but 3.5 percent below the monthâs five-year average, the Lake Carriersâ Association reported.Iron ore cargos for steel production totaled 4.6 million tons, a decrease of 6.9 percent, while coal loads totaled 1.4 million tons, a decrease of 13.7 percent.Offsetting those decreases was a 21 percent surge in limestone cargos.
Commercial Maritime's Great Migration to VSAT
Shipowners who want to get the value out of data, applications and smarter shipping have realized that VSAT is the new L-Band, says Malcolm McMasterAt Globecomm we spend as much time as possible talking to shipowners about their communications needs. Itâs always a rewarding conversation because we hear about what they actually do with bandwidth, which gives us insight into what systems and solutions might suit them best.Over the last decade that would almost always mean L-Band satellite systemsâŠ
Norway Oil Workers, Employers Reach Deal to End Strike
Norwegian drilling rigs workers will end their industrial action after the union representing 1,600 striking employees reached a deal with the group acting for their employers, the parties said on Thursday.The strike began on July 10 after the Safe union and the Norwegian Shipowners' Association could not come to an agreement over wages and pension conditions. The industrial action led to the shutdown of one Shell-operated field."The strike is over ...
Beatrice Offshore Wind Farm Produces First Power
Beatrice wind farm off the Caithness coast in Scotland has generated power for the first time, operator SSE said on Thursday.Following installation of the first 7-megawatt (MW) turbine, the wind farm exported power to the National Grid, the firm added.The 2.6 billion pound ($3.4 billion) wind farm will be completed in spring 2019.
First of Six New LNG Carriers Delivered to BP
BP Shipping has taken delivery of British Partner, the first of a half dozen new 173,400 cubic meter capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.BP Shipping, which launched a fleet rejuvenation program in 2016 that includes 32 new vessels for delivery over a three-year period, says the six new Partnership class ships will increase its ability to transport LNG in emerging new marketsâŠ
Subsea 7 Wins âSizeableâ Offshore Contract
Subsea 7 S.A. announced today it has been awarded a âsizeableâ offshore transportation and installation contract.The subsea engineering, construction and servicesâŠ
FarSounder-1000s for New Expedition Cruise Ships
U.S. based marine electronics manufacturer FarSounder said it has received an order for four FarSounder-1000 Forward Looking Sonars from ship navigation systems supplier Wärtsilä Valmarine to be installed into new expedition cruise ships over the next several years.âFarSounder's ongoing receipt of multi-system orders from Wärtsilä Valmarine is a testament to the team's focus on advanced technological systems and integrations,â reflected FarSounderâs CEO, Cheryl M. Zimmerman.
MPC Container Ships Buys 2012-built Box Ship
MPC Container Ships ASA announced Thursday it has agreed to pay $13.86 million to acquire a 1,740 TEU containership built in 2012 at Guangzhou Wenchong ShipyardâŠ
SMS Completes Hat Trick of European Refits
UK ship repairer and marine engineering services provider SMS has completed three refits this month. This has included the refit of the maintenance vessel âLondonâŠ
Keppel Q2 Profit up 44 Percent
Singapore's Keppel Corp posted a 44 percent rise in its second-quarter profit, citing stronger earnings from its property and infrastructure divisions that offset losses in its other segments, includi
Saudi Military Industries Signs Warships JV with Navantia
State-owned Saudi Arabian Military Industries (SAMI) signed an agreement with Spain's Navantia to set up a joint venture in the kingdom to build five warships, the state news agency SPA reported on Thursday.The deal is part of a wider framework agreed in April by Spain and Saudi Arabia for Spanish state-owned shipbuilder Navantia to supply warships to the Gulf Arab state under a deal estimated to beâŠ
ZIM, Maersk Line and MSC Partner on Asia-US Trade
ZIM Integrated Shipping Services and the members of the 2M Alliance, Maersk Line and Mediterranean Shipping Company (MSC), announced a new strategic cooperation on the Asia â U.S. East Coast trade.At present, MSC and Maersk Line operate five loops and ZIM operates two loops on the trade.Starting early September 2018, the parties will operate together five loops between Asia and the U.S. East Coast. ZIM will operate one loop while the other four are operated by 2M.
CLIA Scouting for New President, CEO
Cruise Lines International Association (CLIA) said that Cindy DâAoust, president and CEO, will be step down at the end of the year to focus on family priorities. DâAoust will remain in her role until a successor is identified and will help oversee the transition of a new leader. CLIAâs Global Executive Committee are developing a transition plan that will include a search for a new president and CEO.CLIAâŠ
Infoplaza and BMT ARGOSS Merge
Global weather services providers Infoplaza BV and BMT ARGOSS BV announced Thursday they will combine activities with immediate effect to build a stronger positionâŠ
Baltic Index Down on Lower Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a second straight session, on lower rates for capesize vessels.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 31 points, or 1.8 percent, to 1,657 points.* The capesize index was down 100 points, or 3.1 percent, at 3,130 points.
Petrobras to Start Up Four New Platforms in Q4
Brazil's state-controlled oil company Petrobras will start pumping pre-salt oil from four new platforms between October and December, the company's director forâŠ
Novatek Ships First LNG Cargo to China via Arctic
Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically cuts delivery time to Asian consumers.The shipments of LNG from Yamal LNG project via the NSR to China cuts transportation time and costs in comparison to other routes such as Suez Canal.Novatek said a ceremonyâŠ
