L-3 Westwood has contracted AETI to develop custom-built, commercially oriented marine switchgear for the two separate projects totaling slightly more than $5 million. The end customers are VT Halter Marine, a domestic ship engineering and construction company in the , and affiliates of AHL Shipping Company, a petroleum product transportation company that provides double hull tankers to the domestic petroleum industry. L-3 will provide twin shaft line electric propulsion systems to affiliates of AHL Shipping Company for the building of three, shallow-draft, 49,000 deadweight ton Jones Act and OPA90-compliant chemical product tankers in connection with a charter agreement with Shell Trading (U.S.) Company (Shell Trading). The vessels will have a cargo capacity of 330,000 barrels. These vessels will also be the first Jones Act tankers to be constructed under the Common Structural Rules adopted by the International Association of Classification Societies, which came into effect in April 2006. AETI will work with L-3 to provide the propulsion power distribution systems along with the secondary power distribution systems. Deliveries for VT Halter Marine are expected to be completed by late-2008 and the multiple deliveries for AHL Tanker are scheduled for completion by the end of 2010. AETI will have recognized approximately $2.8 million in sales on these projects through the 3rd quarter of 2008
ATHENS, Greece, April 29, 2011 - Paragon Shipping Inc. (NYSE: PRGN), or the Company, a global shipping transportation company specializing in drybulk cargoes, announced today that it has completed the sale and delivery to Box Ships Inc., of both the Box Trader and Box Voyager, two 3,426 TEU high specification containership vessels built in 2010 in exchange for 2,266,600 shares of Box Ships common stock and approximately $69.2 million in cash. Box Ships Inc
Ningbo, April 29, 2011 —— On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore Support Vessel(OSV) built for France’s Bourbon Company. Afterwards, a sea trial event was also held for another global first fabricated OSV, the SX130
Military Sealift Command dry cargo/ammunition ship USNS Richard E. Byrd left Cam Ranh Bay in southern Vietnam today, marking the end of a historic visit - the first by a U.S. Navy ship to the port in more than three decades. Byrd spent seven days at Cam Ranh Shipyard for routine maintenance and repairs that included underwater hull cleaning, polishing of the ship's propeller, repairing shipboard piping, and overhaul of the salt water cooling system that keeps the ship's engines cool
Oil lightering specialists SPT announce expansion of service offshore Cayman Brac after signing agreement Houston based SPT Inc., specialists in ship to ship (STS) transfer (lightering) of crude oil and liquefied natural gas has announced expansion of its STS service for oil majors and traders in the Caribbean. SPT Inc's President Simon Duncan has signed an initial deal with Cayman Island’s Premier Bush to revive crude oil lightering offshore Cayman Brac
Miami Man Convicted for Obstruction of Justice and False Statements for Certifying Ships Safe for Sea. A federal jury in Miami yesterday convicted a Miami-based ship surveyor for lying to the Coast Guard and for falsely certifying the safety of ships at sea, announced Ignacia S. Moreno, Assistant Attorney General for the Environment and Natural Resources Division at the Department of Justice; Wifredo A. Ferrer, U.S. Attorney for the Southern District of Florida; Rear Admiral William D
Great Ship: White Rose Builder Samsung Heavy Industries Co., Ltd. Owner Husky Oil Operation Type FPSO For many years now, contracts for ships and floating units to operate in an offshore environment have been much-prized value-added goals at Samsung. These include not only shuttle but drill ships, floating storage and offloading units (FSOs), with their derivative production types (FPSOs), crane ships, and various types of floating and fixed platforms
Great Ship: MSC Linzie Ship Owner Mediterranean Shipping Co. S.A. Ship Builder Hanjin Heavy Industries & Construction Ship Type Containership MSC Linzie is the first vessel of a new vessel type developed and designed by Hanjin which adopts the new Panamax length design of 294.05 m. Apparently the design series and Hanjin's well-established reputation in this niche has proved attractive, as the company has, to date, logged orders for 24 ships of the new design.
Wilhelmsen Ship Management (WSM) sold its affiliated company International Tanker Management (ITM) to V.Ships. International Tanker Management is based in Dubai, with offices in Hamburg, Germany, Singapore, and Houston, USA. ITM has approximately 45 vessels on technical management, from VLCCs to chemical tankers. The company was founded in 1998 as an affiliated company of Wilhelmsen Ship Management (formerly Barber Ship Management).
The UK ship register has officially welcomed CMA CGM Andromeda on to the UK Ship Register this weekend, when she docked at Southampton. The vessel is the largest Container ship on the UK register at 131,332 GT, 11,356 TEU. Overall she is the second largest vessel on the Register with the Queen Mary 2 being the largest at 148,528 GT. CMA CGM Andromeda, owned by CMA CGM, 3rd worldwide shipping group, is also the world's first containership to be equipped with the "Fast Oil Recovery
Kuwait Oil Tanker Company (KOTC) has put into service a new VLCC and named another as part of a strategy aimed at increasing its tankship fleet to 30 by the end of 2014, reports the Kuwait News Agency. KOTC Chief Executive Officer Sheikh Talal Al-Khaled Al-Ahmed Al-Sabah inaugurated the enormous
The US Coast Guard (USCG) inform it has extended the comment period related to proposed new measures to reduce the risks of oil spills in oil transfer operations from or to a tank vessel. The original deadline for feedback to be submitted to the online docket via http://www.regulations
The missile range instrumentation ship 'USNS Howard O. Lorenzen' (T-AGM 25) successfully completed its final contract trials (FCT) in San Diego. FCTs, run by the Navy's Board of Inspection and Survey (INSURV), mark the final review in a series of post-delivery tests and trials exercising all
Alfa Laval has won an order to supply its PureSOx exhaust gas cleaning systems (EGCS) to 5 ships in the fleet of the Dutch ship owner Spliethoff. Delivery is scheduled for 2014. The manufacturer's say that they delivered their first PureSOX exhaust gas cleaning system to Spliethoff in 2012
Scorpio Bulkers Inc. has entered into agreements to purchase five Kamsarmax dry bulk vessels currently under construction in a Chinese shipyard as listed below: Yard
The Canadian government has announced the award of two contracts totaling $1.1M to Northern Transportation Company Limited for Vessel Life Extension refit work to Canadian Coast Guard ships 'CCGS Dumit' and 'CCGS Eckaloo'. These two vessels, based in Hay River
Silver Ships, Inc. said it has been awarded a firm-fixed price, indefinite-delivery/indefinite-quantity multiple award contract for the construction of High Speed Maneuverable Surface Targets (HSMSTs). The U.S. Navy maintains an inventory of HSMST’s to be utilized mainly for weapon system
Diana Shipping Inc. today announced that its subsidiary, Diana Shipping Services S.A. (DSS), was sentenced by the United States District Court in Norfolk, Virginia to a fine of $1,100,000 and a period of probation of three years and six months as a result of a conviction earlier this year by which
The Chief of Navy, Vice Admiral Ray Griggs, has announced that the Navy will progressively change the color of its surface fleet to meet modern war-fighting and regional environmental conditions. While not normally apparent to the bystander
In response to the ongoing threat of piracy in shipping, France and Japan are allowing armed guards on their ships, said U.K. maritime security company GoAGT. Gerry Northwood OBE, Chief Operating Officer for the company, said, “Countries that have not adopted these procedures yet should
The International Chamber of Shipping (ICS) – the worldwide trade association for shipowners says it has made an important written submission to the United Nations International Maritime Organization (IMO) suggesting a possible way forward with respect to complex discussions about additional
Gazprom Neft is preparing for the construction of another two ice-protected oil platforms designed for the icy waters of the Pechora Sea, placed only few kilometers from the now well-known rig “Prirazlomnaya”, reports Barents Observer.
The European Community Shipowners' Associations (ECSA) and the International Chamber of Shipping (ICS) note in a recent report that the use of private armed guards has increased in recent years and become a necessity to ensure safe passage through the risky waters of the Gulf of Aden.
The Shipbuilders Council of America (SCA) today announced the launch of SOS: Save our Ships, a national campaign focused on bringing attention to the devastating and unintended effects sequestration and budget uncertainty continue to have on the United States Navy and naval services
Maritime services provider Inchcape Shipping Services (ISS) is celebrating the further expansion of its global footprint, following the opening of a new office in Map Ta Phut, Thailand. This new opening takes the ISS worldwide network to over 300 offices