BRAZIL: U.S. Find New Opportunities
While the U.S. economy may be in the doldrums, smart U.S. companies are looking increasingly to exports to help their bottom lines. A major market for U.S. exports is Brazil. This article examines new market opportunities in the oil and gas, shipbuilding and port infrastructure in Brazil, and identifies certain financing sources available to U.S. companies seeking to participate in these markets. Brazil’s growth in recent years has been amazing.
This Day in Navy History - December 20
1822 - Congress authorizes the 14-ship West Indies Squadron to suppress piracy in the Caribbean. 1941 - Adm. Ernest J. King is designated commander-in-chief in charge…
Report: Hyundai Wins $900m Offshoe Order
According to a report on Yonhap News, Hyundai Heavy Industries won a $900m deal for offshore platforms and other facilities off the coast of Africa. Hyundai Heavy…
Skou Appointed CEO of Maersk Line
Søren Skou has been appointed new CEO of Maersk Line with effect from 16 January 2012. Søren Skou was previously CEO of Maersk Tankers and replaces Eivind Kolding who is leaving Maersk Line to become Chairman of the Executive Board of Danske Bank. ”Under Eivind Kolding’s skilled leadership, Maersk Line has undergone an impressive turnaround. Its competitiveness has improved significantly and at the same time…
CMA CGM Debuts New Black Pearl Service
The CMA CGM Group launched its new Black Pearl service, a direct service between the East Coast of North America and the West Coast of South America (Panama, Peru and Chile). This new service is part of the operational agreement between CMA CGM and MSC. It comes as a response to a growing market demand for refrigerated cargoes from Chile and Peru to Philadelphia and New York and for fast and competitive transit times between these two continents.
The eNav Strategy and its Implications
Virtually everyone is, by now, familiar with the concept of electronic navigation, also called eNavigation or eNav. The problem is that the term means different things to different people. Historically, it started with radio beacons. Radar, loran, and GPS have been added over time. Now we have AIS and electronic charting. Most mariners view this as an increasingly sophisticated set of tools installed on the ship to improve the ability to avoid collisions, groundings, and related casualties.
MOL Supports Typhoon Relief Efforts in the Philippines
Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the company has contributed US$30,000 to typhoon Washi relief efforts on Mindanao Island…
SENER develops the Finite Element Model for Dredgers
SENER has been hired by Murueta Shipyard for the creation of a global finite elements model of two sectional dredgers of 1,500 m3 and 2,600 m3, and with shipyard…
NSRP Solicits White Papers
The National Shipbuilding Research Program (NSRP) has issued a solicitation for panel white papers. Additionally, the Panel Project Guide, which contains details…
Interorient’s Crew Training Culture Strengthened by Seagull
The Norwegian marine training specialist Seagull is now the sole provider of onboard training systems to the Interorient fleet. Cyprus-headquartered Interorient…
Ingalls Delivers LPD 22 to the U.S. Navy
Huntington Ingalls Industries (NYSE:HII) delivered the company's sixth amphibious transport dock, San Diego (LPD 22), to the U.S. Navy. The ship was delivered in a brief ceremony at Ingalls Shipbuilding. "This delivery exemplifies the unique skill and craftsmanship of our shipbuilders," said Doug Lounsberry, Ingalls Shipbuilding's vice president and program manager, LPD 17 program. "What we are accomplishing…
Genset Delivery Sparks Chinese Celebration
SXD-produced 32/40 gensets to provide power to CNOOC offshore platform Representatives from China National Offshore Oil Corporation (CNOOC), classification societies, local government officials and MAN Diesel & Turbo gathered on 18 November to celebrate the delivery of two 12V32/40 gensets, constructed by MAN Diesel & Turbo licensee, Shaanxi Diesel Heavy Industry Co., Ltd. (SXD). The new engines will replace older models aboard ‘Liuhua 11-1’…
Viking Moorings Eyes GOM Market
Viking Moorings announced the appointment of Bill Bayliss as Group Chief Executive, heralding a significant restructuring of the company, which involved the co-existing shareholders. Bayliss, who is based at the company’s Aberdeen operations center, has been charged with implementing a series of management changes and growing the company through additional service provision and international expansion in 2012 and beyond.
Regs4ships Surveyors Approved to Rep Malta
On Monday 5 December 2011, Regs4ships Limited Senior Surveyor Mark Robinson and Surveyor Robert Aldous were officially appointed as government ship surveyors for Transport Malta (Maritime).
AVEVA Releases AVEVA Space Management
AVEVA (LSE:AVV) released AVEVA Space Management 12.1, which is part of the AVEVA Marine portfolio. AVEVA Space Management automatically creates and manages layout drawings that document the subdivision of the ship into spaces with their functional design properties. It reduces risk in the design of more complex ships such as cruise ships, naval surface vessels, submarines, ferries and offshore supply vessels.
Danaos Adds Containership to Fleet
Danaos Corporation (NYSE: DAC), took delivery of a new containership, the CMA CGM SAMSON, expanding its operational fleet to a total of 59 containerships aggregating 291,149 TEU.
Rite Solutions Wins Navy Deal
Rite Solutions Inc., Pawcatuck, Conn., is being awarded a $14,404,724 modification to previously awarded contract (N00024-10-C-6258). This contract is a Phase III…
LCS3 Contract
Lockheed Martin Corp., Baltimore, Md., is being awarded a $15,239,268 modification to previously awarded contract (N00024-09-C-2303) to exercise an option for post…
Project Seeks to Increase Energy Efficiency in Offshore Shipping
A project has been established to identify energy efficiency and fuel saving initiatives for the offshore shipping industry. The partnership involves a collaboration…
Hamburg Süd Restructures Several Services
Responding to changing market conditions and subject to approval by the Federal Maritime Commission (FMC), as from February 2012, Hamburg Süd will restructure its…