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
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.
Intellian has appointed industry veteran Edward Joannides to take the helm of its Americas business unit as General Manager. Joannides’ experience in both the maritime and satellite communications industries spans over 25 years. This includes time at sea as a Chief Officer working for CMA CGM, and senior shore-based posts including Fleet Manager for Northern Navigation, Director of Strategy & Business Development at Inmarsat and most recently Program Manager for SATCOM Services at
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.
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
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
Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilise to the North Sea and will in the second quarter of 2017 commence a five year firm contract with Aker
DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas
New Zealand is the latest country to accede to IMO’s Ballast Water Management Convention, designed to counter the threat to marine ecosystems by potentially invasive species transported in ships' ballast water. The Convention enters into force on 8 September 2017 and
Class-leading OESV operator invests in personnel and moves into new Isle of Wight HQ as it prepares for ramp-up in offshore wind construction 9th January 2017, Isle of Wight – Class-leading offshore energy service vessel (OESV) operator, Seacat Services
The Standard Club introduced the International Code for Ships Operating in Polar Waters (‘Polar Code’) as well as Safety of Life at Sea (SOLAS) amendments which were adopted in November 2014, in addition to environmental provisions and MARPOL amendments which were adopted in May
DryShips Inc., an international owner of drybulk carriers and offshore support vessels, announced today that it has entered into an agreement with Kalani Investments Limited, an entity organized in the British Virgin Islands and that is not affiliated with the Company.
Dubai-based Gulf Ship Management, a wholly owned subsidiary of Gulf Navigation Holding, announced on Tuesday a recent tie up with Switzerland’s SeaQuest Group to set up a ship management joint venture and expand operations in the region.
A new mandatory code for ships using gases or other low-flashpoint fuels enters into force on 1 January 2017, along with new training requirements for seafarers working on those ships. Gas and other low-flashpoint fuels are cleaner for the atmosphere as they emit very low
Keppel Corporation Limited (the “Company” or “KCL”) refers to its announcement on 2 August 2013 on the construction contract ("Construction Contract") entered between Keppel FELS Limited (“KFELS”)
Cavotec SA's previously announced strategic plan and new organisational structure — based on two distinct Business Units (BU), Ports & Maritime and Airports & Industry — entered into effect on January 1, 2017.
The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells the story of the Club across ten decades of maritime and marine insurance history both
Swedish tanker company Tarbit has signed a contract with Logimatic to implement SERTICA on its entire fleet. Tarbit currently operates 14 tanker vessels and has ordered two new vessels, which brings them to a total fleet of 16 vessels in 2017
Euronav NV (NYSE: EURN) entered into a five-year sale and leaseback agreement for four VLCC vessels with investment vehicles advised by Wafra Capital Partners Inc., a private equity partnership. The four VLCCs are the Nautilus (2006), Navarin (2007), Neptun (2007) and Nucleus (2007)
Andrew Shaw has taken up his new position as chief executive at ASRY, ship and rig repair yard in the Arabian Gulf. Effective January 4, Shaw will lead the firm as it enters its 40th year of operation. He re-joins the company after previously holding the position of general manager of
DryShips Inc. has agreed to enter into a "zero cost" LPG Option Agreement with companies controlled by its Chairman and Chief Executive Officer, George Economou, to purchase up to four high specifications Very Large Gas Carriers (VLGC) capable of carrying liquefied petroleum