According to a Sept. 23 Reuters report, POSCO (005490.KS) and South Korea's chemicals-to-brokerage group Hanwha are studying a potential bid for Daewoo International (047050.KS), sources close to the companies told Reuters on Wednesday. (Source: Reuters)
Karachi Shipyard & Engineering Works Limited (KS&EW) say they have cut the keel of a 12-Ton Bollard Pull Pusher Tug being built for the Pakistan Navy at a ceremony attended in the shipyard by officials & dignitaries from Pakistan Navy, Government Authorities and KS&EW. The tug is 16.89 meter in length overall with a gross tonnage of 63 tons. It is fitted with a robust fendering arrangement for all round tugging operations for submarines ships and crafts.
Aker Yards, via its wholly owned subsidiary, Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755LN platform supply vessel. The value of the contract is approximately NOK 130 million. This is the fourteenth contract between the shipowner, Island Offshore Group in Ulsteinvik and Aker Yards and the third for delivery in 2005 between Aker Brevik AS and the Island Offshore Group.
Sea Tow Services International Inc., announces the opening of Sea Tow Delmarva, owned and operated by Capt. Hank Fulmer. Sea Tow Delmarva serves boaters along the coasts of Delaware and Maryland on Delaware Bay, from Slaughter Beach Inlet south to and including Lewes and Rehoboth, Del., and Indian River Inlet and Ocean City, Md. Capt. Fulmer and his staff of U.S. Coast Guard-licensed Sea Tow Captains operate three boats out of Slaughter Beach Inlet, Ocean City, and Indian River Inlet
In view of continuous challenging trading conditions effective from July 2013 CMA CGM, Maersk Line, Hamburg Süd, CSAV, China Shipping Container Lines and Hanjin will restructure their services between the Far East and South America East Coast by launching three new joint services. The three new services will replace the following four services: -ASAS 2/NGX 2/SEAS 2/ASAX 2: Currently operated by Maersk Line, Hamburg Süd, CSAV, CMA CGM and China Shipping Container Lines.
McDonough Marine Service has launched the first in a series of seven new inland spud barges. The spud barges are being constructed at Yager Marine Industries in Owensboro, Kentucky and range from 110’ to 140’ in length. The first of the series to be launched is the KS 4011 with the dimensions of 110’ x 40’ x 7’6”. The barge was designed with a boxed stern that provides maximum flotation during crane operations
USS Michigan Completed Early USS Michigan (SSGN 727) undocked in late October, five days early, at Puget Sound Naval Shipyard and Intermediate Maintenance Facility (PSNS & IMF). Michigan was at PSNS & IMF for a planned five-month major maintenance period. While Michigan’s maintenance availability was scheduled in advance, the full extent of the necessary work isn’t always known until the ship is drydocked.
Offshore Solutions B.V., the joint venture between AMEC and Cofely Nederland N.V. based in IJmuiden, The Netherlands, is celebrating 100,000 man-hours without any lost time incidents. With the first Offshore Access Systems (OAS) entering operation in 2006 this latest milestone has been achieved in less than three years. Seven Offshore Access Systems have been sold or leased since 2006, four of which are being used in the Central and Southern North Sea
William I. Koch, founder of the Oxbow Group, philanthropist, collector and sailor, has been named the recipient of the America and the Sea award which is presented annually by Mystic Seaport. Koch will receive the award Thursday, October 29, at a gala held in his honor in New York City. The annual award recognizes an individual or organization whose contributions to the history, arts or sciences of the sea best exemplify the American spirit and character
Shanghai International Port Group Co (SIPG) is all set to acquire 79.2% stake in intra-Asia container line Shanghai Jinjiang Shipping for up to RMB1.94bn ($312.58m). SIPG plans to buy a 48% stake in Jinjang Shipping currently owned by Shanghai International Group, as well as a 31.2% stake held by Shanghai Jiushi Corporation. Shanghai Jinjiang Shipping, short-sea container carrier serving the coast and Taiwan Strait, is operating throughout East Asia
Costa’s two new cruise ships will be the largest ever built based on guest capacity; Costa will join sister brand AIDA Cruises in building the first-ever cruise ships powered at sea by liquefied natural gas Carnival Corporation & plc today announced that its Italian brand
Abu Dhabi Ports (ADP), the master developer, operator and manager of ports and industrial zones in the emirate, has successfully implemented Jade’s terminal operating system, Master Terminal, at Zayed Port. It went live with its new terminal operating software on July 1
On July 14, Hermes Leader, a car carrier operated by NYK Line, rescued 336 people in the Mediterranean Sea. On July 14, the vessel received an emergency call for help while sailing to port of Gioia Tauro, Italy after transiting the Suez Canal
Offshore installation services provider Sea Trucks Group announced it has been awarded a charter contract for its accommodation construction vessel Jascon 31 to operate in the Gulf of Mexico, marking the groups return to the region.
China said on Friday it had every right to drill in the East China Sea close to waters disputed with Japan, adding that it did not recognise a "unilateral" Japanese median line setting out a boundary between the two in the waters.
Russia is seen increasing its exports of Urals crude oil from its Baltic ports in August, while shipments from Novorossiisk on the Black Sea are expected to decline, a preliminary loading schedule showed on Friday. On the Baltic, Urals exports from Primorsk are expected to rise to 3
The U.S. Navy and Republic of Singapore Navy completed the 21st annual Cooperation Afloat Readiness and Training (CARAT) Singapore after 11 days of comprehensive training both at sea and ashore, July 24. CARAT Singapore featured a series of dynamic training engagements including a
After extensive review and under a robust array of safety requirements, Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today announced that Shell has received conditional approval of two Applications for Permits to Drill (APD) to conduct limited exploratory
The Coast Guard is searching for two men swept out to sea near Halona Blowhole Lookout, Saturday. A 45-foot Response Boat-Medium crew from Coast Guard Station Honolulu, an MH-65 Dolphin helicopter crew from Air Station Barbers Point and the crew of Coast Guard Cutter Kittiwake
Two soybean cargoes have recently departed from a new terminal in northeast Brazil operated by VLI and local trader Multigrain, the latest option in the region as exporters look for alternatives to Brazil's overcrowded southern ports.
The Chinese navy played down recent military drills in the South China Sea and criticised other countries for "illegally" occupying islands in the area, the official Xinhua news service reported on Saturday. China has launched a naval drill in waters to the east of Hainan
The bulk carrier Araya lost power and adrift on 90 nautical miles off Odessa, Ukraine in Black Sea on July 25. The carrier, en route from Ilyichevsk Ukraine to Constanta Romania, got full blackout several hours after leaving the port of Ilyichevsk
Pearl Seas Cruises plans to launch a series of “cultural voyages” from the United States to Cuba beginning in the spring of 2016, the cruise line announced today. Offering 7- to 10-night voyages aboard the line’s newest vessel, the 210-passenger luxury ship Pearl Mist
NewLead Holdings Ltd.announced today a review of the commercial competency of one of its bitumen tanker vessels, the MT Sofia since the vessel was delivered to NewLead's fleet. The Sofia is a 2008-built bitumen tanker vessel of 2
China said it conducted air and sea drills in the South China Sea on Tuesday as it stakes an increasingly assertive claim to virtually the whole sea despite rival claims by neighbours. The live-ammunition drills involved more than 100 ships, dozens of aircraft