BAE Systems Wins U.S. Navy Contract
British multinational company BAE Systems has secured a contract worth $113.5 million to supply an additional 26 amphibious combat vehicles (ACV) to the US Marine…
RMC to Build Ferries for TT-Line
Finnish shipbuilding company Rauma Marine Constructions (RMC) and Australian TT-Line Company have signed a Memorandum of Understanding on two fast car and passenger…
TMS to Use 3D Printers for Submarines
German industrial conglomerate Thyssenkrupp Marine Systems (TMS) plans to use 3D printers increasingly in manufacturing submarine parts. This offers decisive advantages…
Diana Shipping Sells Dry Bulker Norfolk
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party,…
Fincantieri Launches Corvette for Qatar
The technical launch of first Doha-class air defense corvette ordered by the Qatari Ministry of Defence within the national naval acquisition program, took place…
Busan Builds Logistics Center in Rotterdam
South Korean port company Busan Port Authority (BPA) said that it signed a contract with Samsung SDS to operate a logistics center in Rotterdam.BPA will begin a…
BP Extends Vroon ERRVs Contract
Maritime offshore-services supplier Vroon Offshore Services (VOS) Ltd has secured a three-year contract extension with BP, worth around £30million.VOS, one of the…
TT-Line Cancels Order at FSG
German shipyard Flensburger Schiffbau-Gesellschaft (FSG) shipyard will not build TT-Line Company Pty Ltd's new Spirit of Tasmania vessels.The Australian shipping company TT-Line cancelled the order at
France and Italy Christen Naviris
The intergovernmental agreement signed between French and Italian States to establish Naviris, the joint-venture (JV) between the shipbuilders Naval Group and Fincantieri.This…
Coast Guard Pursues Enforcement Action against Bouchard
The U.S. Coast Guard said it is pursuing enforcement action against Bouchard Transportation Company after the shipping company failed to comply with a captain of…
Cobham SATCOM Announces Software Upgrade
Cobham SATCOM has announced the launch of its latest software upgrade for SAILOR 4300 L-Band, the first terminal in Cobham’s portfolio of Iridium Certus Connected range solutions. The unveiling of software solution 1.05 follows the delivery of more than 2,000 SAILOR 4300 terminals within the first year of service and enables users to upgrade to the new Iridium Certus 700, which offers data speeds of up to 704 kbps.
SCHOTTEL Equips Six Polish Navy Tugs
Bolko, the first of a total of six multi-role tugs built by Remontowa Shipyard in Poland has recently been delivered to the Polish Navy. Further five tugs – Gniewko, Mieszko, Semko, Leszko and Przemko – are scheduled for delivery in the near future. Each of the ASD tugs is equipped with two SCHOTTEL Rudderpropellers type SRP 360 FP. They will be used for military and logistic operations support at…
Austal Building 83m Trimaran Ferry for Japan
Austal has revealed its latest development in high-speed trimaran technology with an 83 meter trimaran ferry.The ferry is under construction for JR Kyushu Jet Ferry of Japan, at the company’s Henderson South shipyard in Western Australia.Austal Hull 396, to be known as Queen Beetle, was designed and constructed by Austal Australia and is due for launch in mid-March 2020. The vessel will be handed over to JR Kyushu Jet Ferry in June 2020 and will commence services between Busan…
ACL to Launch Riverboat Pair in 2021
American Cruise Lines announced that it will launch two additional modern riverboats for the 2021 season. Construction is already underway on the new riverboats and will ramp up as American Jazz, the Line’s third modern riverboat, is readied for its 2020 debut in New Orleans.The two riverboats coming next year will be sister ships to the American Harmony and American Jazz, but will feature new design elements that appeal to today’s discerning travelers.
GTT Warns of Possible Coronavirus Delays, Beats Full-Year Guidance
French naval engineering company GTT said it could possibly see delays to vessel construction and revenue collection due to the coronavirus outbreak.However, the group, which generates most of its revenues in Asia, said it had not observed any delay in vessel construction schedules to date.The Paris-based company, which designs tanks for liquefied natural gas carriers, posted a marginally better than expected 2019 core profit of 174.3 million euros ($189.4 million)…
Sempra to Decide on U.S., Mexican LNG Export Plants in 2020
California energy company Sempra Energy said on Thursday it expects to make final investment decisions (FID) this year to build two new liquefied natural gas (LNG) export plants - one in the United States and one in Mexico:Sempra said it plans to make FIDs on the first phase of the Costa Azul export plant in Baja California in Mexico in the first quarter and the Port Arthur export plant in Texas in the third quarter.At Costa Azul…
Frontline Profitable in Q1 Despite Low Freight Rates -CEO
Oil tanker firm Frontline's earnings are in the black so far in the first quarter despite strong headwinds from low freight rates, it's top executive said on Thursday."We…
Have You Taken the MarTID 2020 Survey?
There's still time to complete the third annual global Maritime Training Insights Database (MarTID) survey, open through February 29, 2020.Make sure your voice is heard. Take the MarTID 2020 survey today:Vessel operator survey: https://www.surveymonkey.com/r/2020MarTIDOperatorMETI survey: https://www.surveymonkey.com/r/2020MarTIDMETISeafarer survey: https://www.surveymonkey.com/r/2020MarTIDSeafarerMarTID is a non-commercial…
Tubes and Piping Most Prone to Failure -Report
When it comes to components failures in the maritime and oil and gas industries, tubes and piping are the top offenders, new research published by classification society DNV GL reveals.After reviewing more than 1,000 failure cases accross its network of five specialist laboratories in the U.S., Europe and Asia, DNV GL identified that, of the components examined, more than a quarter (27%) of failures occur in tubes and piping, and a fifth (20%) in rotating machinery.
Hempel Taps Lindström as COO
Katarina Lindström will join Hempel as Executive Vice President & Chief Operating Officer from August 1, 2020 as the coatings manufacturer aims to double in size.As Executive Vice President & Chief Operating Officer (COO), Katarina Lindström will be a member of Hempel’s Executive Management Board.As part of its long-term growth strategy, Hempel is making significant investments in innovation and sustainability…
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