Lloyd’s Register has entered into an agreement with Teekay Shipping Corporation to class 11 of its Aframax tankers. In addition, Teekay has chosen Lloyd’s Register to class two of its Aframax newbuildings to be built at Daewoo Shipbuilding & Marine Engineering Co. Ltd in South Korea. These vessels are scheduled for delivery in 2004. Commenting on this new agreement, Alan Gavin, Marine Director at Lloyd’s Register said: “After a short absence, Lloyd’s Register is delighted to have re-established its relationship with Teekay. We look forward to working closely with Teekay in the future to meet their classification and statutory certification needs.”
Aegean Marine Petroleum Network Inc. (NYSE: ANW) announced that it has taken delivery of the Tilos, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is being deployed to Singapore to support the company's existing bunkering operations in this market. E. Nikolas Tavlarios, President, commented, "We are pleased to take delivery of the Tilos. In deploying this new double-hull vessel to Singapore
The Bollinger built 35,000 BBL tank barge B. No 231 sails past the Verrazano-Narrows Bridge entering New York Harbor as the latest addition to the growing OPAâ€™90 compliant fleet of Bouchard TransportationBollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has delivered B. No. 231, the first of two double hull, 35,000 barrel (BBL) oil tank barge units built to meet the requirements of the Oil Pollution Act of 1990 (OPAâ€™90), to Bouchard Ocean Services
IHC Merwede and BAE Systems will enter into a cooperation agreement to meet the demands of the offshore construction vessel market in the USA. This cooperation enables IHC Merwede to enter new markets, which is in line with the company’s internationalization strategy. The partnership also allows BAE Systems to increase vessel new construction in its commercially focused shipyards. According to the agreement, IHC Merwede, as a main contractor
Intelsat S.A has introduced the Intelsat EpicNG satellite platform, a new series of satellites based upon a high performance, open architecture design. Intelsat EpicNG will be deployed for wireless and fixed telecommunications, enterprise, mobility, video and government applications requiring broadband infrastructure across the major continents. The Intelsat EpicNG platform is an innovative approach to satellite and network architecture utilizing multiple frequency bands
Greece headquartered Aegean Marine Petroleum Network Inc. announce financial and operating results for the second quarter ended June 30, 2013. Second Quarter Highlights Sales volumes of 2,693,151 metric tons. Gross profit of $69.5 million. Operating income of $12.7 million. Operating income adjusted for the sale of non-core assets was $13.2 million. Net income attributable to Aegean shareholders of $5.5 million or $0.12 basic and diluted earnings per share.
Cunard Line will name its new 85,000-ton cruise ship Queen Victoria, in dedication to the British cruise market. The new ship, which is scheduled to enter service in 2005, will be the second largest Cunard ship carrying 1,968 passengers. Together with the current flagship, Queen Elizabeth 2, and Queen Mary 2, the Cunard fleet will include three Queens for the first time. Currently being built at Italy’s Fincantieri shipyard
Italian classification society RINA has reported strong growth for its 2001 financial year. The consolidated revenues of the group were almost $94 million, up ten percent from last year's Euro 85.2 m. The pre tax operating margin was Euro 8.0 m, equivalent to 8.5 percent of the total revenues. Net profit after extraordinary expenses and investment in research and development and information technology was Euro 1.5 m.
The construction of a sea lock in the Port of Antwerp in Belgium will be partly funded via the TEN-T Program. The project will receive €5 million in contribution to ensure that one of the bottlenecks currently restricting capacity at the port is removed. The aim of the project, which was selected for funding under the 2011 TEN-T Annual Call, is to build a sea lock in the Port of Antwerp, one of northern Europe’s busiest ports
New logistics center aims to speed delivery times across North America Volvo Penta announced the opening of the new Volvo Group Central Parts Distribution Center in Byhalia, Mississippi, in a move to optimize delivery performance and efficiency for dealers and OEM customers in North America. As the anchor tenant of a new industrial park, the one million square-foot state-of-the-art Volvo Group facility will support Volvo Penta recreational marine
Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri and Meyer Werft to each build next-generation cruise ships for Carnival Corporation through two separate, long-term partnerships
Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions to continue through 2015 as the tanker market has come off to a good start.
Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1stof April 2015. The duration is for 2 years and 8 months firm, plus options to extend the contract with a total of 18 months
The Coast Guard cutter fleet is flushing ice through the Great Lakes river systems to prevent ice jams and facilitate commercial shipping as the shipping season begins and the ice on the Great Lakes dissipates. Ice breaking operations, above freezing-temperatures
Germany’s AG-Ems is preparing to put two liquefied natural gas-diesel dual fuel ferries into operation for the summer season in the North Sea for the first time. They both are powered by Wärtsilä 20DF engines, with fuel to be supplied by Bomin Linde.
China Rongsheng Heavy Industries (RSHI) has entered into a memorandum of understanding (MoU) with an undisclosed third party Chinese investor to sell its onshore shipbuilding and offshore engineering business. Both parties will further negotiate details of the deal
Nordic American Offshore Ltd. (NAO) executive chairman, Herbjørn Hansson, has increased his ownership in the company, purchasing an additional 50,000 NAO shares with his son, Alexander, yesterday at about $7.83 per share. In a letter to NAO shareholders
Mega-cruise ship Queen Mary 2 has ditched its Wellington visit with the capital in sight on account of heavy swells caused by Cyclone Pam. The Queen Mary 2 was due in Wellington this morning after spending time in the Marlborough Sounds
Danish ship owner Nordic Shipholding turned a profit in 2014 following its 2013 restructuring, the company announced today. The company earned a profit of $2.3 million in 2014 due to improved earnings and a one-off gain of $5
Dry bulk shipping charter rates remain well below break even levels, pushing vessel scrapping to record highs, though some market improvement is expected in the second quarter, Herman Billung, the CEO of shipping firm Golden Ocean said. Dayrates have plunged as China's slowdown reduced its iron
Leading marine and fire safety equipment and service provider, VIKING Life-Saving Equipment (VIKING) is stocking ready-packaged liferafts to provide fixed-price liferaft exchange to vessels calling Japanese ports. “The world of shipping is dominated by a small group of countries
The CMA CGM Volga, eighth of the 28 vessels named after famous rivers series, enters the CMA CGM fleet Newbuild containership CMA CGM Volga entered the CMA CGM fleet on March 17, and began her first rotation in Dalian, China, on March 20, the CMA CGM Group announced.
As new emission standards enter force across the commercial maritime sector, Royal Caribbean has opted to outfit 19 of its ships with scrubbers from two manufacturers. This month we visit with Harri Kulovaara, EVP, Maritime, and Kevin Douglas, VP, Technical Projects/Newbuilds
"Our first three months of Emission Control Area operation have run without a hitch," said Carisbrooke Shipping CEO Robert Wester. "We put this down to careful preparation supported by the skill and diligence of our sea staff."
Despite the chilly temperatures and heavy snowfall the U.S. Army Corps of Engineers opened the Soo Locks for the start of the Great Lakes shipping season. The Edwin H. Gott, a 1,004-foot freighter, was the first ship to enter the Poe Lock