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.
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
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.
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.
Dockwise has signed a contract for $25m, with an affiliate of Chevron U.S.A. Inc. regarding the transportation of the Jack & St. Malo hull from Korea to the Gulf of Mexico. It is the intention of the parties that this contract - already included in the Q3 backlog as a Letter of Intent (LOI) - will be executed on the new T-0 vessel. Another LOI published earlier this year, for the transportation of the topside for ATP's Cheviot from the fabrication yard in China to Europe and the
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
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.
IMO Secretary-General Koji Sekimizu departs later this week (Thursday, August 15) on a five-day Arctic sea voyage as part of a fact-finding mission to the region. Mr. Sekimizu will be the guest of the government of the Russia aboard the nuclear-powered icebreaker 50 Let Pobedy as she voyages on the Northern Sea Route that links Europe and northern Russia. Mr. Sekimizu will commence his voyage from the port of Dikson, in the Kara Sea, before undertaking a 1,680 nm trip to Pevek
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
The Costa Concordia wreck removal team reported this morning at 10:30 a.m. that after 22 hours of navigation, the convoy was over 50 miles off Giglio Island with about 140 miles from Genoa Prà-Voltri. At the time of the update, navigation speed was about 2 knots.
Bollinger Shipyards, Inc., Lockport, Louisiana, announced the award of six additional USCG Sentinel Class Fast Response Cutters (FRCs). The U. S. Coast Guard (USCG) awarded a $255 million contract option to Bollinger Shipyards of Lockport, La
OAO NK Rosneft will conduct marine fauna monitoring in the Northern Sea Route in 2014. The studies will be organized by the Arctic Research Center, a joint venture of Rosneft and ExxonMobil. The objective of the said studies is collection of data on marine fauna in Rosneft License Areas
Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in Korea to ensure safe and optimum navigation of the vessels. The system searches the optimum sea routes and prevents collisions by
Norway’s Kleven announced it has signed a shipbuilding contract with Malaysian based joint venture company IES Pioneer Ltd. The vessel is of Norwegian design company MarinTeknikk’s MT 6015 MPSV design and will be outfitted with a crane, helideck and FiFi II
Engines customized for new Dutch search-and-rescue lifeboat vessels keep running after full rotation on axis. In thrashing, unforgiving seas, a capsized rescue vessel used to be a symbol of defeat. To withstand harsh conditions, sea vessels are designed to right themselves when overturned
Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform, DolWin beta, at Drydocks World - Dubai. The five escort tugs
The Australian Navy’s three remaining Landing Craft Heavy auxiliary vessels put on a proud display of thanks to the Cairns community, sailing in formation from the city’s harbor this morning. This was the last time HMA Ships Brunei
Nineteen people died trying to reach Italy on a boat packed with hundreds of migrants, probably poisoned by carbon monoxide fumes from its engines, said the Italian Navy on Saturday, which has rescued more than 4,000 migrants in the last three days.
The U.S. Department of Defense informs that Detyens Shipyards Inc., North Charleston, South Carolina, is being awarded an $11,631,622 firm-fixed-price contract for a 75-calendar day regular overhaul and dry-docking of USNS Arctic (T-AOE 8).
Huntington Ingalls Industries (HII) announced today the successful completion of builder’s sea trials for the company’s fourth U.S. Coast Guard National Security Cutter, Hamilton (WMSL 753). The ship, built by HII’s Ingalls Shipbuilding division
The Philippines is pushing for a meeting among four Southeast Asian nations with conflicting claims to waters in the South China Sea so that they can hammer out a common stand in dealings with China, Manila's foreign minister said on Friday.
Crystal Cruises says it is introducing a new expedition-style voyage traversing the Arctic Ocean via the Northwest Passage (500 miles north of the Arctic Circle) that explorers spent centuries seeking, until it was first completed successfully by Roald Amundsen just over 100 years ago.
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia), has been awarded a front-end engineering design (FEED) contract by Nafusah Oil Operations B.V
Seven NATO countries completed naval exercises in the Black Sea on Thursday, officials said, in a signal of the alliance's resolve to support east European members who have been unnerved by Russia's behavior in the Ukraine crisis. Though scheduled before the crisis erupted