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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)


Pakistan Shipyard Cuts Keel of Navy Tugboat

Tugboat keel ceremony: Photo credit KS&EW

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 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.


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


CMA CGM Launches Three New Joint Services, Restructures Routes

Photo: CMA CGM

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 Launch First of Seven Spud Barges

Photo: McDonough Marine Service

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 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

Photo courtesy Fifth Ring

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


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


Next Generation Bridge Concept

 Ship Intelligence for PSVs:  Rolls-Royce created this concept under FIMECC (Finnish Metals and Engineering Competence Cluster) user experience and usability program, UXUS. This future bridge operation experience concept (oX) for platform support vessels is envisioned together with VTT Technical Research Center of Finland in 2012-2014. (Image: Rolls-Royce)

Rolls-Royce, VTT team on new Ship Intelligence Vison   For decades the maritime industry has long-theorized of emulating the “airline model” in uniformity and technical capability of its own ship and boat integrated bridge platform


Asean Raps Chinese Sea Aggression

Photo by Asean

Southeast Asian foreign ministers have expressed concern at Chinese land reclamation in the disputed South China Sea, as the Philippines urged them to stand up to Beijing, reports AFP.  The statement came after Manila warned fellow members of the Association of Southeast Asian Nations


Shell Eyes Arctic Drilling this Summer

(Photo: Shell)

Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high. Remote and costly to develop, the Arctic is estimated to contain 20 percent of the world's undiscovered


Shell: UK Should Reduce North Sea Oil Tax

The British government should review a supplementary tax charge on North Sea oil producers as it has made the operation of some fields unrealistic, Shell Chief Executive Ben van Beurden said on Thursday. "It needs to be looked at as the tax position is hindering viability


Asean: Malaysia Prepares to Set Sail Into Maritime Disputes

Picture by ASEAN

Will Malaysia’s chairmanship of Asean spur the establishment of a long-delayed maritime Code of Conduct (CoC), aimed at resolving territorial disputes between China and neighboring countries in the South China Sea?  A report appeared in New Strait Times in Singapore says that the


India-US “New Vision” for Asia Pacific and Indian Ocean

Barack Obama and Narendra Modi. Pic: Press Information Bureau, Government of India

 India and the USA on Sunday released a Joint Strategic Vision statement for the Asia-Pacific and Indian Ocean region, marking the deepening strategic equation between the two nations.  The partnership is expected to cover a wide sphere of influence that would extend from Africa to the


CBP P-3 Crews Disrupt Drug Smuggling

A suspicious vessel off the coast of Costa Rica

   U.S. Customs and Border Protection Office of Air and Marine agents and interagency partners disrupted two separate drug smuggling attempts off the coast of Costa Rica resulting in the interdiction of more than $74 million in illegal drugs.


BP Freezes Pay in 2015 to Cut Costs

BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.   Over the past year, oil majors have been selling assets to protect cash flows and shareholder dividends.  


A&P Contracted for Navy Tanker Maintenance

Image by A&P Group

A&P Group, the UK’s largest ship repair firm has bagged a £15 million military contract to complete the fit-out of the Royal Navy support group’s new fleet of tankers.   The Cornish shipbuilder will customize and maintain the Royal Fleet Auxiliary’s four new


Indonesia, Malaysia to Discuss Maritime Issues

Retno Marsudi (Image: Foreign Ministry, Indonesia)

Malaysia and Indonesia will discuss maritime issues, including the detention of Malaysian fishing vessels as well as their common sea borders.  The countries will continue discussions to find solutions to the maritime boundary issues through the existing mechanism


China Warns India, US on Regional Conflict

Pic: Press Information Bureau, Government of India

There is no need for India and the United States to have concerns on navigation and over flight over the disputed South China Sea, says China. "The situation in the South China Sea was stable and that there was no problem with freedom of navigation in the area," China said. 


CORIMA Orders a Damen ASD Tug 2810

Image: Damen

CORIMA, part of the Italian Gesmar Group, has ordered a Damen ASD Tug 2810.   The Damen ASD Tug 2810, which has a 60 metric tons bollard pull, will be deployed in the port of Ancona. With the official signing ceremony taking place on January 12


Oman to Implement Maritime Communications Network

Image: Oman Maritime

Oman to roll out the national maritime communications network along its lengthy coastline soon, says Al-Madakhel Investment that has been tasked with design, construction and operation of the new maritime communications network. A report in Oman Daily Observer says that the Muscat-based Al


Danish Port Gets EU Funding for LNG Bunkering

Image: Port of Hirtshals in Denmark

Port of Hirtshals in Denmark will receive over EUR1 million a pilot construction of the first liquefied natural gas (LNG) tank and bunker, co-financed by EU’s TEN-T Program.  The pilot project will see construction of a 500 cubic meter LNG storage tank and bunkering facility


Sweden-Poland Maritime Link Improved

The EU's TEN-T Program will co-fund with over €2 million the development of the sea ports of Trelleborg (Sweden) and Świnoujście (Poland), to increase their competitiveness and sustainability, as well as improve the maritime link between both countries.  






 
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