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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.


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


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.


Contracts Awarded for U.S. National Defense Reserve Fleet

Courtesy Maritime Administration

U.S. Transportation Secretary Anthony Foxx today announced that DOT has awarded contracts with a total award value of $1.96 billion over eight years to seven U.S. maritime firms to manage, maintain and operate 48 National Defense Reserve Fleet (NDRF) vessels through January 2024.  These Maritime Administration contracts are funded by the Department of Defense (DoD) National Defense Sealift Fund to support DoD’s strategic sealift mission.  


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.


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.


SIPG to Acquire 79.2% of Jinjiang Shipping

Shanghai Shengdong International Container Terminals. Photo: SIPG

 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


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


Regent Seven Seas Refurbs Three Ships

Seven Seas Navigator. Photo: Regent Seven Seas Cruises

 Top luxury cruise line Regent Seven Seas Cruises says it's investing $125 million to renovate three of its ships.   Beginning with Seven Seas Navigator (built in 1999)  this spring, the public spaces and suites of the Regent fleet will be updated to match the style of the new Seven Seas Explorer, which is scheduled to launch this July. Regent says the update will provide guests with a consistent look and feel across all of the line's ships.   


Cristobal Colon Arrives in Sydney

ESPS Christobal Colon of the Spanish Amarda arrives in Sydney Harbour. The crew of ESPS Christobal Colon will be helping to train and familiarise crews of Australias Hobart Class Air Warfare Destroyers. Photo: Royal Australian Navy

 HMA Ships Darwin, Melbourne and Parramatta have escorted the Spanish Armada's Cristobal Colon into Sydney Harbour as part of her role in providing platform and familiarisation training to Australian personnel.   Over the next three months the ship will assist in enabling Australian


Hapag-Lloyd: Positive Operating Result in a Challenging Environment

Photo: Hapag-Lloyd AG

 Hapag-Lloyd AG remains bullish on the substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost-cutting programme alongwith further synergies expected due to the merger with UASC.   Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607


Norway's Solstad Offshore, Farstad Shipping and Deep Sea Supply Agree Merger

Photo: Solstad Offshore ASA

 Norwegian OSV companies Solstad Offshore, Farstad Shipping and Deep Sea Supply have signed off on merger plans first announced on February 6, 2017.   The statutory merger plans have been approved and signed by the boards of Solstad, Farstad


MacGregor, Rolls-Royce to Study Containership Autonomy

 MacGregor, Rolls-Royce to Study Containership Autonomy   A new collaborative research and development initiative will explore the impact of developments in autonomy for cargo ship navigation and cargo systems onboard containerships.  


Statoil Wins Licences Off UK, 'Resets' Exploration Off U.S.

Norway's Statoil was the second top bidder for 13 oil exploration leases in the U.S. Gulf of Mexico and won six licences offshore Britain, it said on Thursday, in a sign it may be looking to boost reserves after slashing costs. "The importance of oil companies' ability to replenish


Pair of Catamaran Ferries Delivered to Nigeria

Photo: Incat Crowther

Two newly built 20m catamaran passenger ferries have recently been delivered to Nigeria.   The vessels, Confidence 1 and Confidence 2, are the first in a series of four vessels built by SAM Aluminium in Singapore to support Nigeria Liquefied Natural Gas (NLNG) with operation to Bonny Island


Maersk Reaches Key North Sea Tax Deal with Denmark

File photo: Maersk Oil

Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025.   The deal, which has been under negotiation for months


Arctic Ice Sets New Record Low for Winter

Photo: NOAA

The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long-term trends of global warming, U.S. and European scientists said on Wednesday.   Sea ice around the North Pole expands to its biggest extent of the year in February or


BV Acquires MAC

Bureau Veritas (BV) acquired Maritime Assurance & Consulting (MAC).  Based in Aberdeen, MAC was established in 2010 and now has 30 employees as well as more than 40 associates. This transaction is in line with BV’s recent developments in the North Sea offshore sector


Rolls-Royce, Stena Line Partner on Ship Intelligence

Image: Rolls-Royce

Rolls-Royce said it has signed a deal with Swedish ferry company Stena Line AB to collaborate in the development of its first intelligent awareness system.   Intelligent awareness systems will make vessels safer, easier and more efficient to operate by providing crew with an enhanced


USS Carter Hall enters Black Sea

Photo: Official U.S. Navy web site

 The amphibious Harpers Ferry-class dock landing ship USS Carter Hall has entered the Black Sea, the Naples-headquartered US 6th fleet press service said. "The amphibious dock landing ship USS Carter Hall (LSD 50) and embarked Marines from the 24th Marine Expeditionary Unit


ROTC Trains Maritime Staff of Emodraga in Mozambique

Pic: ROTC

 Empresa Moçambicana de Dragagens E.P. has recently formed some of its maritime people so that they are trained according to the standards and requirements of the International Maritime Organization (IMO) and STCW Convention (Convention – Standards of Training


Marlink Acquires IT Management Partner Palantir

Marlink has acquired Palantir AS, a Norway-based maritime IT company specializing in remote IT management solutions. The Share Purchase Agreement whereby Marlink acquired 100 percent of Palantir AS shares was completed on March 17, 2017.  


Remote Controlled Workboats

(Image: Tuco Marine)

Tuco Marine Group has introduced remote controlled navigation systems for the ProZero Workboats, offering autonomous self-piloting vessels.    Working together with Sea Machines, Tuco Marine Group can now provide the ProZero series


China Pledges Firm Response to Japan's S.China Sea Visit

China on Thursday pledged a firm response if Japan stirs up trouble in the South China Sea, after Reuters reported on a Japanese plan to send its largest warship to the disputed waters.   The Izumo helicopter carrier, commissioned only two years ago, will make stops in Singapore, Indonesia






 
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