Leading global shipbuilder and defence prime contractor Austal has acquired a shipyard in the Philippines as part of its strategy to regionalise its manufacturing base for commercial vessels. The $7 million acquisition of the former FBMA Marine shipyard enables Austal to establish shipbuilding operations at the West Cebu Industrial Park at Balamban, in the province of Cebu. Austal will invest a further $5 million to enhance the shipyard’s existing facilities. Austal plans to commence vessel construction in the first quarter of 2012, dependant on orders, and expects to employ about 30 workers during the start-up phase. Future workforce growth is expected in line with market demand, and the site allows for efficient expansion of the facility when future operational and market conditions require. Austal Chief Executive Officer Andrew Bellamy said the acquisition of the former FBMA shipyard is an important milestone in Austal’s corporate strategy to meet the requirements of key commercial vessel markets by further regionalising its shipbuilding operations. “Our strategic review earlier this year found that there is strong demand in specific segments of the international commercial vessel market, such as fast crew transfer boats, work boats and 30 metre to 50 metre ferries,” he said.
Three major Japanese shipbuilders are forming an alliance on commercial vessels and ocean engineering to survive competition with South Korean shipyards. The three firms -- Ishikawajima-Harima Heavy Industries, Kawasaki Heavy Industries Ltd and Mitsui Engineering & Shipbuilding Co Ltd will cooperate on joint procurement of materials and design skills for building commercial vessels, aiming to cut production costs. They will decide in one or two years whether to spin off their divisions for
The Passenger Vessel Association (PVA), representative of owners and operators of U.S.-flagged passenger vessels of all types, has developed a manual to help its members comply with the U.S. Environmental Protection Agency (EPA)-issued General Permit for wastewater discharges incidental to normal vessel operations. The PVA Manual for Compliance with the EPA Vessel General Permit (VGP) for Discharges Incidental to the Normal Operation of a Vessel is a service by PVA for its members
The Environmental Protection Agency (EPA) will host a webcast on July 27 at 1:00 pm Eastern Daylight Savings Time for vessel operators required to comply with the Vessel General Permit (VGP). EPA will discuss the vessel Electronic-Notice of Intent (e-NOI) system to apply for coverage, as well as provide answers to a few key frequently asked questions about the permit. Finally, industry professionals who have direct experience implementing the VGP on various classes of vessels
The nation’s major shipbuilders are expected to undergo a mild recovery on the back of a pickup in demand for commercial vessels and liquefied natural gas (LNG) carriers, reports 'The Korea Times' as informed by experts and analysts. The analysts forecasted that the nation’s leading builders such as Hyundai Heavy Industries (HHI), Samsung Heavy and Daewoo Shipbuilding and Marine Engineering (DSME) are well positioned to win more premium vessels ahead of their Chinese and Japanese
The Australian Maritime Safety Authority (AMSA) informs that the latest maritime developments will be the focus at the inaugural combined national shipping and domestic commercial vessel conference in Melbourne in November, 2014. AMSA Chief Executive Officer Mick Kinley said it was the first time a combined shipping and domestic vessel conference had been held by AMSA. “Maritime 2014 will bring together international
Mercury Marine announced today that it has acquired Teignbridge Propellers Ltd., headquartered in Newton Abbot, United Kingdom. Teignbridge Propellers produces bronze and Nibral (nickel, bronze, aluminum) propellers for yachts, patrol boats and commercial vessels. In addition to its line of standard and custom propellers, Teignbridge also produces a complete underwater package of stern gear for inboard-powered vessels, which includes rudders, shafts, struts, seals, logs and bearings.
Raytheon Marine and Samsung Industries have entered into a cooperative agreement to meld key components of Raytheon's Integrated Bridge System into Samsung's Naru 2000, which is an ECDIS-based Integrated Navigation System. The agreement is designed to further additional business in Asian markets - a large chunk of the industry's shipbuilding. The joint-venture with Samsung is expected to bring in an additional $10 million per year in new sales revenue.
The US National Geospatial-Intelligence Agency (NGA) issued a Memorandum stating, among other things, that Israeli naval ships have established a closure area in the eastern Mediterranean Sea off the coast of Lebanon (between 34-05N and 33-06N and between 034-00E and the coastline). Ships will not be allowed to enter or exit this area. Note: Due to armed conflict in this area, it is recommended that all commercial vessels give this vicinity a wide berth. Source: HK Law
HydraTech Engineered Products of Cincinnati, Ohio has selected the Great Lakes Group and Puerto Rico Towing as exclusive distributors of Marine HydraWrap. The Great Lakes Group, located in Cleveland, Ohio, operates a full service shipyard and specializes in all types of marine repair services. Puerto Rico Towing and Barge Company located in San Juan, Puerto Rico provides towing services and vessel assistance to commercial vessels and barges throughout the Caribbean
Total Marine Solutions “TMS” launched a new training program to address the growing need for comprehensive environmental compliance training in the maritime industry. The “Culture of Compliance” training program has already been launched fleet wide by major
San Diego Military2Maritime Career Fair with Rep. Hunter (R-CA) Connects California Veterans With Opportunity. More than one hundred veterans attended a Military2Maritime career fair on Monday June 22, 2015 from 10:00am until 2:00pm at the Port Pavilion on Broadway Pier in San Diego, Ca
VIKING Saatsea has achieved flag state approval for its STCW on-board training solution with refresher modules according to new STCW 2010 Manila Amendments. The approval of the company’s 24/7, customizable certification management training (CMT) solutions enables shipowners to keep crew
MarineNav has launched a new range of rack mounted computers, available now in Europe through distributor Eurotask. The X1 Standard and X1 Fanless rack mounted computers are designed for use in commercial vessels, workboats, superyachts and specialist hydrographic and research vessels.
Navico Commercial Marine Division today launched the Simrad HALO Pulse Compression Radar, the world’s most affordable solid-state, open-array radar system with pulse compression technology for non-SOLAS applications aboard commercial vessels.
U.S. Navy warships have begun accompanying British-flagged commercial vessels through the Strait of Hormuz as a result of Iran's detention of a Marshall Islands-flagged cargo ship last week, the Pentagon said on Monday. Army Colonel Steve Warren, a Pentagon spokesman, said the U.S
Iran said on Wednesday a legal settlement could be reached soon over its seizure of the Marshall-Islands flagged Maersk Tigris container ship in the Strait of Hormuz last month, according to the official IRNA news agency. The Maersk Tigris was diverted on April 28 by Iranian patrol boats in one
Iranian naval vessels fired shots at a Singapore-flagged tanker in the Gulf on Thursday in what appeared to be the country's latest attempt to settle a legal dispute by force with a passing commercial vessel, U.S. officials said. Around noon (0800 GMT) in the Gulf
AXSMarine has launched an upgrade to AXSTanker – commonly known as AXSTanker4.0, a software solution for competitive shipbrokers in the Crude, Clean, Gas, Chemical and Product tanker space. Within the AXSTanker community, brokers have the option to share vessel position updates with other
Five fishermen men were rescued from a life raft overnight after their fishing vessel Kairos sank 75 miles west of the Isles of Scilly. UK Coastguard received two distress calls just after 23:45 yesterday, including an EPRIB from the Kairos that gave a GPS location for the vessel.
Thordon Bearings has received an order for a total of 20 seawater-lubricated COMPAC Propeller Shaft Bearing Systems for Chinese shipyards, marking the Canadian company’s most significant order for commercial vessels. Thordon Bearings
Volvo Penta has developed a series of interceptor stabilization systems optimized for workboats, patrol boats and other commercial vessels. The stabilizers provide three-axis trimming to meet dynamic acceleration and cruising phases of operation
Fidelis Group Holdings, LLC Launches Master Port Risk Program For The Maritime Industry. Fidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd. (CUL), a National Marine Insurance coverage and service leader
Boksa Marine Design informs it has signed a contract with a Florida-based oceanography institute for the design and engineering of a new 78-foot coastal class research vessel. The new boat will replace an existing vessel which has been used as a floating laboratory for scientists and
The United States marine casualty reporting and investigation processes as administered by the U.S. Coast Guard are seriously flawed and in need of major overhaul. These processes have been broken for years, yet minimal efforts have been made to address the root causes