Dubai Maritime City (DMC), the world’s first purpose-built maritime centre, announced that ship repair and maintenance company Goltens carried out a ground breaking ceremony of its new office and workshop facility in DMC. The company has launched its business in the city, and laid the foundation stone for the construction of facilities dedicated to building and repairing ships. Goltens, which has a strong presence in the Middle East and across 21 locations around the globe, are under a long term Musataha ground development agreement with DMC for two plots within the DMC. The plots measuring about 23,000 square metres are leased to Goltens for a period of 25 years. “When we announced the opening of the maritime zone of the city in March of this year we were determined to develop Dubai Maritime City as part of the Strategic Plan of 2014. Today I want to emphasize that the vast collection of amenities and facilities provided by DMC to encourage business by sea is an opportunity for real growth and development of this vital sector. Infrastructure development is progressing rapidly and we see heightened interest from companies all over the world in this unique facility,” said Khamis Juma Buamim, Chairman of Drydocks World. “Goltens is recognized for its reputation as a reliable, dependable and responsive provider of a wide variety of ship repair and mechanical services
The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth, reports the South China Morning Post (SCMP), citing Xinhua. The sector faced "unprecedented, severe challenges" as a lack of new orders, owing to weakness in the global shipping market, had exacerbated overcapacity in the industry, Xinhua reported, citing a government document.
ConocoPhillips and Bechtel Corp. have agreed to renew their collaboration of pursuing worldwide liquefied natural gas (LNG) projects. The collaboration will build upon the recent success of ConocoPhillips as a major owner and participant in the worldwide LNG industry, and Bechtel's recent awards in the engineering and construction of major projects in Trinidad and Egypt. "The ConocoPhillips-Bechtel collaboration continues our commitment to providing our LNG technology while leveraging our
Market opportunities are there for high-definition, 3D imaging sonar, Northstar Electronics tells shareholders, updates Echotec LOI Northstar Electronics, Inc. which previously signed a Letter of Intent to acquire Echotec Sonar Corp., is announcing revenue opportunities within the sonar marketplace, along with an update to the LOI. As previously announced, Echotec Sonar is developing High Definition Sonar (HDS) systems which are capable of 3-D imaging for the military
Trelleborg, manufacturers of products to seal and protect industrial structures in harsh environments report good performance at AGM Approximately 700 shareholders attended Trelleborg’s recent Annual General Meeting in Trelleborg . The theme of CEO Peter Nilsson’s address was “A continuously evolving Trelleborg”. “2011 was the best year so far for Trelleborg. We achieved our financial goals and strengthened our finances
Gulfstream Services, Inc. (GSI) names Billy Marcel as Manager of Global Operations – Decommissioning Services Division. US-based Gulfstream Services, Inc. is a global corporation focused on developing high pressure equipment solutions for the international oil and gas industry. GSI has four divisions – rental tools, wireline, cementing assembly and decommissioning – in four strategic oil and gas hubs.
Videotel and the MTNB join forces to promote good practice in on board training and to simplify the training minefield. Every industry has its training needs. However the unique operating environment within the maritime sector, particularly on board a vessel, means that new recruits can be faced with a daunting array of training requirements and options. The Merchant Navy Training Board (MNTB) has responded to this
Alcoa awarded $2.1 million USN contract to develop welding technology Alcoa has been awarded a U.S. Navy $2.1 million contract to develop advanced welding techniques designed to reduce manufacturing costs on aluminum-intensive ships. Under the program, developed through a collaboration by Alcoa’s Government Affairs team and researchers at the Alcoa Technical Center in New Kensington, PA
“The new R5 AIS products from Saab are the first to incorporate software-defined radio (SDR) transceivers together with newly developed high-speed analog-to-digital converters in a type approved Class A system,” says Stefan Karlsson, Vice President Sales and Marketing, Saab TransponderTech. “The result is a dramatic improvement in receiver sensitivity, stability and signal processing compared to our already exceptional R4 platform.”
Rising energy demand from Asia Pacific countries is a key factor driving the growth in regional offshore oil and gas exploration and production (E&P) activities. In response to this, The Royal Norwegian Embassy in Singapore, Innovation Norway in alliance with DNV and Norwegian Business Association (Singapore) is staging the Asia Offshore Technology Conference in Singapore. The conference will examine and draw practical conclusions about ‘The Challenges of Offshore E&P in Asia
MAN announced it will present a newly developed 12-cylinder V-engine for use in working vessels at the SMM 2014 trade fair in Hamburg, Germany. The German engine manufacturer will thereby extend the power range of its high-speed marine engines for heavy-duty operation up to 735 kW (1,000 hp).
The Eighth FORAN Users Meeting (FORUM 2014) took place June 11-13, 2014 in the Parador de la Granja, Segovia, and when it was over the organizers proclaimed it a great success, recording the highest number of participants ever. On Thursday June 12, Rafael de Góngora
GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial Ships GE Marine and Lloyd’s Register report they have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship
The Liberian Registry informs that Alfonso Castillero, former Director-General of the Panama Registry, has joined their organization as Vice-President. Castillero worked for sixteen years in the Panamanian maritime sector, rising through the ranks to become head of the registry and
China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer. In a raft of energy, finance and industry accords signed before presidents Xi Jinping and
Royal Dutch Shell has suspended development of a liquefaction unit at Canada's Jumping Pound facility, which was to be used to develop the emerging gas for transport market. Gas liquefaction is increasingly being produced for use in transportation of large road vehicles, in trains
Mexico on Friday put into effect an agreement signed in 2012 with the United States to allow companies to exploit deep water oil resources in the Gulf of Mexico that straddle the countries' maritime boundaries. The deal, published in the government's gazette
Sixteen states are at high risk of damaging earthquakes over the next 50 years and certain areas of the United States face a higher threat of temblors than previously thought, a federal geological survey agency said. The findings come from updated earthquake hazard maps that were released
Iran and six world powers on Friday agreed to a four-month extension of negotiations on a long-term nuclear deal that would gradually end sanctions on Tehran in exchange for curbs on its nuclear programme, diplomats close to the talks said.
The International Bunkering Industry Association (IBIA) says it has appointed Stephen Hoare as its new events & membership manager at its Southampton office. The role involves developing the association’s conferences, seminars and dinner as well as growing its global membership base
2H Offshore, an Acteon company, has joined an international European consortium comprising nineteen industry and research organizations to develop deepwater mining solutions. Over the next four years, the European Commission funded project, known as Blue Mining
Ship to Shore flexible Recycling DEERBERG-SYSTEMS sets the course for the future of waste management onboard cruise ships With a round table discussion in Hamburg, DEERBERG-SYSTEMS said it is addressing the questions of tomorrow gathering cruise lines, ship yards, ports and disposal companies
Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform, DolWin beta, at Drydocks World - Dubai. The five escort tugs
Keppel Singmarine BrasilLtda. (KSMB), of Navegantes, Brazil has recently completed the construction of the SMIT Panará, the third of a series of six Robert Allan Ltd. designed RAmparts 2500 tugs, for SMIT Rebocadores do Brasil (Rebras), of Rio de Janeiro
Holders of Argentina's defaulted debt and their supporters have warned the country risks being frozen out from international capital markets unless it finds a way to solve its legal problems by the July 30 deadline. But away from the bad-tempered litigation in U.S