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 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
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 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
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.
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
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
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 fishing vessel industry fatality rate is 30 times higher than the average of all U.S. industries. To address this, U.S. legislation requires that all new fishing vessels larger than 50 feet must be built to classification rules. DNV GL is the only classification society to develop rules
FloScan’s DataLog software offers built in Geo-Fencing features Operating commercial vessels on inland waterways requires accurate fuel consumption tracking for paying an array of fuel use taxes under the Inland Waterways Revenue Act in addition to those imposed by states and local
A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt. RM Chase notified watchstanders at Coast Guard Sector Southeastern New England that they became lodged in ice
Conservative think tank The Heritage Foundation argued for increased U.S. port cybersecurity in a report published online this week. "The U.S. Department of Homeland Security (DHS) and maritime stakeholders need to stay ahead of [cybersecurity] risks in order to keep trade flow
Abu Dhabi Ship Building Company will deliver three Baynunah warships to the United Arab Emirates Navy by 2016 and is in discussions with other buyers to sell more, its chief executive said on Monday. "There are discussions with some of the Gulf Cooperation Council countries as well as
Turkish parliament’s approval to extend the mandate of Turkish Naval Forces in NATO's operation in the Gulf of Aden for one more year is strategically important, says a report in the Journal of Turkish Weekly. The region is critical for Turkey's foreign trade activities.
Japan and the European Union are strengthening antipiracy cooperation in the Gulf of Aden off Somalia, helping an international mission to reduce the number of attacks by pirates on commercial vessels to just two in 2014 from 174 in 2011, Japan’s Jiji Press news agency reported.
Inchcape Shipping Services (ISS) advises ship owners and managers that the rate governing the collection of UK Light Dues is set to reduce from April 1, 2015. As advised by Trinity House in Circular No 533, for vessels other than those where periodic payments apply
The ballast water management system developed by Danish company Bawat A/S has been granted U.S. Coast Guard (USCG) Alternate Management System (AMS) acceptance for an interim period of up to five years, enabling commercial vessels equipped with the system to be approved to discharge treated
The fishing vessel industry fatality rate is 30 times higher than the average of all US industries. To address this, US legislation requires that all new fishing vessels bigger than 50 feet must be built to classification rules. DNV GL is the only classification society to develop rules
KVH Industries, Inc., (KVHI) has rolled out a new dedicated voice configuration for its mini-VSAT Broadband(SM) global maritime satellite network. The network's Voice over Internet Protocol (VoIP) service is now delivered on a prioritized and protected data stream
Final rule on vessel requirements for Notices of Arrival and Departure and Automatic Identification System published in Federal Register U.S. Coast Guard (USCG) headquarters issued a statement announcing the publication of the final rule on Vessel Requirements for Notices of Arrival and
Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA). The Domestic Surveyor Accreditation Scheme came into effect on January 2. AMSA standards manager Adam Brancher said the scheme would ensure people are
U.K.-based marine intelligence firm Dryad Maritime has said that maritime crime incidents in the Gulf of Guinea decreased 18% year on year in 2014 when compared to 2013. Attacks aimed at kidnapping crew members of the vessels increased in the region
Continued icebreaking operations from the U.S. and Canadian Coast Guards open maritime lanes for commercial vessels The U.S. and Canadian Coast Guards are jointly continuing Operation Coal Shovel, the seasonal domestic icebreaking operations in the southern part of Lake Huron, Lake St