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Enters New

Lloyd’s Register and Teekay Enter New Agreement

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 Gets New Bunkering Tanker

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


Bollinger Delivers Bourchard Barge

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 OPA’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 (OPA’90), to Bouchard Ocean Services


Bunker Suppliers, Aegean Marine, Show Healthy Q2 2013 Results

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.


IHC Merwede, BAE Systems Join to Service US OSV

(Courtesy IHC Merwede)

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 Announces the Intelsat EpicNG Satellite Platform

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


RINA Reports Strong Growth

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.


Belgian Sea Lock to be partly Financed

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


Cunard Names New Ship Queen Victoria

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


USCG Expands Port Security

The U.S. Coast Guard is in the process of instituting new port security measures. Effective immediately, all deep-draft vessels coming to any port in the US must include in their advance notice of arrival a crew list that includes the nationality of each crew member. While the full list of countries concerned is not yet publicly available, it does include Afghanistan, Algeria, Egypt, Iran, Iraq, Kuwait, Kyrgyzstan, Malaysia, the Maldives, Pakistan, Qatar, Saudi Arabia, Somalia, Tajikistan


North Sea OSVs Liable to Detention if MLC Non-compliant

An OSV: Photo credit Vard

The Maritime Labour Convention (MLC), an international agreement which safeguards the employment rights, working conditions and health care of seafarers, came into force in the UK on 7 August. Shipping and maritime law expert Katie Williams of Pinsent Masons, the law firm behind Out-Law


Star Bulk to Acquire 34 Drybulk Vessels

Photo: Star Bulk

Star Bulk entered into a definitive agreement with Excel Maritime Carriers Ltd., and as a result, will acquire 34 drybulk vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash. Star Bulk Carriers Corp


Swiber to Fly Mexican Flag on 4 More OSVs

Mexico ensign: File photo CCL

Singapore-based Swiber informs it will hoist the Mexican flag on another four vessels in its fleet, comprising one derrick pipelay barge and three anchor handling tug / supply vessels (AHTs). Five vessels were deployed in Mexico three years ago when Swiber landed its first contract win in Latin


Liquiline to Construct Denmark's First LNG Bunker Terminal

Port of Hirtshals scene: Photo Liquilline

Liquiline says it has entered into a contract with Fjord Line to design, construct and commission an LNG ship bunkering terminal for Fjord Line AS at the Port of Hirtshals, Denmark. The terminal will be constructed at the Port of Hirtshals


Canadian Ports: Minister Emphasizes Key Role

Honourable Lisa Raitt: Photo Transport Canada

Transport Canada informs that the Honourable Lisa Raitt, Minister of Transport, has spoken of the important role Canada's marine ports play in supporting trade and economic growth in a speech to the 56th annual conference of the Association of Canadian Port Authorities


McDermott Awarded Anadarko GoM Contract

Derrick Barge 50: Photo courtesy of McDermott

McDermott International, Inc. says that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services employing Derrick Barge 50 (“DB50”) on the Red Hawk project, located in Garden Banks 876.


Honghua Group Wins Rig Contract from Orion

Zhang Mi, Chairman & President of Honghua Group

  Chinese rig builder Honghua Group has been awarded a contract by Orion Engineering and Management Ltd  to build a semi-submersible drilling rig, with options to build three more. According to a statement released by Honghua, the rig deal worth US$320 million was signed by its offshore


Propulsion Woes Bring Queen Victoria to Early Refit

Queen Victoria (Photo courtesy of Cunard Line)

Cunard’s Queen Victoria to undergo multimillion dollar refit at Blohm & Voss Shipyard in January 2015, nearly one year ahead of its planned December 2015 maintenance. Cunard Line announced last week that its liner Queen Victoria will enter the Blohm & Voss Shipyard in Hamburg


Crowley Helps Launch USS Montgomery

Photo courtesy of Crowley

Crowley Maritime Corp.’s ocean class tugboat Ocean Sky and heavy lift barge 455-4, managed by the company’s Houston-based solutions group, a project management organization, provided support to shipbuilder Austal USA during the launch of the newly built U.S


Fastnet Announces Improvement of Deep Kinsale Option

Logo

  Fastnet the UK and Irish listed E&P company focussed on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, is pleased to announce that it has entered into an amended exclusive option agreement with PSE Kinsale Energy Limited ("Kinsale Energy")


GasLog Partners' First Option Vessels Acquisition for $328 mi

Image

  GasLog Partners LP and GasLog Ltd. announced today that they have entered into an agreement for the Partnership to purchase from GasLog, the sole member of the Partnership’s general partner and the Partnership’s majority unitholder


Big Abandonment & Recovery Missions Offshore for AF

AF-offshore-Muchinson.  The platform is one of the largest steel jacket platforms in the North Sea and has  operational since 1980

  AF Group's wholly owned subsidiary, AF Decom Offshore UK Limited, has in a consortium with Heerema Marine Contractors Nederland SE (Heerema AF Consortium), entered into an agreement with CNR, Canadian Natural Resources International (UK) Limited for decommissioning of the Murchison


HAL Launches ‘Discover Canada & New England’

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  Holland America Line launched a “Discover Canada & New England Sweepstakes” that will award five of the line’s Pinterest followers a $500 American Express gift card. The sweepstakes runs through Sept. 20, 2014, and the winners will be selected in a random drawing at


Global LNG Analytics Services Announced

Illustration of iGIS/LNG global analytics tracking

TerraMar Networks and Energy Perspectives join forces to offer ground-breaking LNG analytics services.   Global GPS asset tracking provider, TerraMar Networks Limited has announced  that it has entered into an agreement with Energy Perspectives


AUS40 Propels ECOUREA into Marine Industry

ECOUREA, Manufacturer and Distributor of AUS40

ECOUREA, manufacturer of AUS40, known as Marine Urea, is entering the marine markets. The liquid is used to reduce emissions, known as Selective Catalytic Reduction (SCR) systems for marine diesel engines. This technology recently began its incorporation into the marine sector.






 
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