K-SEA OPERATING
POSCO, Hanwha Seen Bidding for Daewoo Int'l
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)
Aker Yards to Build PSV
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.
Dockwise $30M in Heavy Marine Transport Contracts
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
CMA CGM Launches Three New Joint Services, Restructures Routes
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.
Sea Tow Announces New Delaware Bay Franchise
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
Tidewater Sells North Sea Boats
Tidewater Inc. will sell its North Sea safety-standby boats to BUE Marine Limited of Edinburgh, Scotland. The $40 million all-cash deal is expected to close by late June. The 28 safety-standby boats were obtained by Tidewater as part of earlier acquisitions. This type of rescue vessel is required for oil and gas entities operating in the North Sea.
USS Michigan Completed Early
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 Celebrates Safety Record
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
Koch Receives America and the Sea Award
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
OSI Delivers ECPINS System For Lockheed Martin Sea SLICE
Offshore Systems International Ltd., a marine electronic navigation company with a strong defense niche, announced that it has completed the installation of its latest ECPINS-M system aboard Lockheed Martin's Sea SLICE advanced technology demonstration vessel. Developed by the United States Navy Office of Naval Research and the Naval Electronics & Surveillance Systems division of Lockheed Martin, Sea SLICE will be participating in the United States Navy's Fleet Battle Experiment - Juliet this
MEPC Propose Delay 2016 Tier lll ECA Engine Standard
IMO's Marine Environment Protection Committee's recent (MEPC), 65th session, agreed a draft amendment on implementation date for Tier III engines. MEPC considered and agreed to proposed draft amendments to MARPOL Annex VI regulation 13 on Nitrogen Oxides (NOx)
P&O Ferries Appoints New Irish Sea Director
P&O Ferries has appointed Neal Mernock to the role of Sector Director Irish Sea. Neal is an experienced chief executive and managing director of various household name businesses, including Silentnight and United Biscuits, and brings a wealth of business acumen and a strong track record of
DryShips Reports 1Q 2013 Financial and Operating Results
DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, announced its unaudited financial and operating results for the first quarter ended March 31, 2013.
HoOk Offshore Crane R&D Project Launched
With funding from the German Federal Ministry of Economics and Technology and supported by "Projektträger Jülich" (PTJ) (project sponsors Jülich), over the next three years Hamburg University of Technology, Mareval AG Hamburg and the maritime engineering company
Bifab Contracted to Build GDF SUEZ Platform
The Rt Hon Edward Davey MP, Secretary of State for Energy and Climate Change, joined GDF SUEZ E&P U.K. in Aberdeen yesterday to witness the signing of another major contract with the U.K. supply chain for the Cygnus project. The deal with Burntisland Fabrication Ltd (BiFab) to construct
Damen Stan Patrols 5509 for Guardia di Finanza Corp
Together with its Italian partner yard Cantiere Navale Vittoria S.p.a., Damen Shipyards are building two Stan Patrols 5509 to the Italian Guardia di Finanza. This Italian law enforcement agency deals with financial crime, smuggling, illegal immigration and narcotics traffic and maintains a fleet
Monohull Crewboat Swissco Cheetah Delivered
Incat Crowther launched Swissco Cheetah, the first of a pair of 36-meter crewboats built by Cheoy Lee Shipyards of Hong Kong. Capable of carrying 50 tons of deck cargo, the 70-passenger vessel was delivered by Cheoy Lee’s Zhuhai shipyard to Singapore-based operator, Swissco Offshore.
Chemical Kills 4,000 Sea Birds: Conservationists Seek Ban
Wildlife conservation charities are calling for an urgent review of the marine hazard classification of the chemical (Polyisobutene) PIB. Timed to coincide with the recent IMO MEPC meeting, leading wildlife conservation charities, animal welfare charities and the UK Chamber of Shipping
Crew Systems Integration 2013 Program Announced
FRC International will host CSI 2013 - Crew Systems Integration conference from July 2-4, 2013 at RNLI Lifeboat College, Poole, U.K. The international conference includes over 20 presentations focusing on nine integrated topics for the RIB and high speed craft sector
Three MacGregor Offshore Cranes Specified for New DSV
A new dive support vessel (DSV), optimized for operations in the North Sea, will feature three MacGregor offshore cranes, enabling efficient load-handling in the subsea environment. MacGregor, part of Cargotec, secured a new contract for one 120-ton active heave-compensated (AHC) MacGregor
BMT Reports Strong Full Year Performance
BMT Group Ltd (BMT), the international design, engineering and risk management consultancy, has announced another strong financial performance for the year to September 30, 2012. By focusing on markets where it can deliver high-value customer solutions
Seaward Provides Bridge Officers for LCS and JHSV Sea Trials
Seaward Services provides bridge officers, including the master and chief engineer, for Builder and Acceptance Trials of the Navy’s Littoral Combat Ship (LCS) and Joint High Speed Vessel (JHSV). USNS Choctaw County, the Navy's second Joint High Speed Vessel (JHSV 2)
Admiral Papp to Explain USCG Arctic Strategy at CSIS Forum
Admiral Robert J. Papp, Commandant of the U.S. Coast Guard, to address the Center for Strategic & International Studies (CSIS) forum on May 21, 2013. CSIS Europe Program will host a Military Strategy Forum on the Coast Guard's strategic vision for its future role in the Arctic
Shipwrecks Pose US Sea Pollution Threat
New NOAA report presented to the US Coast Guard examines national oil pollution threat from shipwrecks in US waters. The report finds that 36 sunken vessels scattered across the U.S. seafloor could pose an oil pollution threat to the nation's coastal marine resources
Sea Star Line Appoint Tim Nolan Executive VP
Tim Nolan, as Executive Vice President, will report to Peter Keller, President and be domiciled at Sea Star headquarters in Jacksonville, Florida. Tim has a broad background in liner shipping to include management accountabilities in Chile, as well as, the Latin America and Caribbean trades