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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


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


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.


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


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


Volvo Penta Enters New Distribution Center

Ron Huibers

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


Diesel Spill in Houston Ship Channel

A small section of the Upper Houston Ship Channel was closed Tuesday morning after a report of 1,000 gallons of diesel entered Greens Bayou from a cement facility, the U.S. Coast Guard announced.   Coast Guard Sector Houston-Galveston watchstanders received the initial report at 7:13 a.m


New Research Vessel for University of New Hampshire

Image: AAM

All American Marine, Inc. (AAM) has entered into a contract with the University of New Hampshire (UNH) for the design and construction of a new aluminum catamaran research vessel. AAM will build the 48’ x 17’ catamaran custom devised by Teknicraft Design, Ltd. of Auckland, New Zealand


Egypt to Allow 24-hour Access to East Port Said with New Waterway

Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a day by building a side channel near the Suez Canal, which will speed up shipping movements in the area.  


South Korea Okays Casinos on Cruise Ships

Sapphire Princess. Image by Princess Cruise Lines, Ltd

 South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper.   South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but casino admission will be only for


Shipping in Rough Waters

Photo: The North of England P&I Association Limited

 Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club. His comments are published today (16 July 2015) in the 170 million GT


'Challenging Time' for Shipping Industry - North P&I Chairman

Pratap Shirke, chairman of North P&I club

Unpredictable markets and continuing marine claims volatility means the international shipping industry is facing a particularly challenging time, says Pratap Shirke, chairman of North P&I club. His comments are published today (16 July 2015) in the 170 million GT


Mount Whitney Dry Docking Nears Completion

Sailors stationed aboard the U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20), paint the ship’s anchor gold during the golden anchor ceremony March 19, 2015.

  The U.S. 6th fleet’s command and control ship USS Mount Whitney (LCC 20), entered the final stages of its renovation and overhaul at the Viktor Lenac shipyard, in Rijeka, Croatia, July 11, 2015. After successfully completing the majority of a seven-month docking, renovation


Market Rife Merger Talk, NOL Says Not Yet

Image: Neptune Orient Lines (NOL)

 As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates.  


Quality Counts as AMC Boosts Production

Photo: AMC

Aluminium Marine Consultants (AMC) celebrated its acquisition of ISO 9001 quality management certification in June by placing four High Speed Support Vessels (HSSV) under build simultaneously in its new Isle of Wight UK building hall.  


Hercules Offshore Expects to Emerge from Bankruptcy in Q4

Photo: Hercules Offshore

Rig provider Hercules Offshore Inc said on Thursday that it expects to file for Chapter 11 protection next month and emerge with a restructured balance sheet in the fourth quarter.   The company said last month that it had entered into a restructuring agreement with a majority of its


Chinese Navy Conducts Drill in South China Sea

South China Sea. Image by Russian Council

 The Chinese navy has announced 10 days of military training in the waters near eastern Hainan Island in the South China Sea starting on Wednesday, amid heightened tensions in the region.   Playing down the significance of the exercises, the Chinese military said the drills


Transgrain Charters Diana Panamax Bulker

m.v. Clio

  Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 8, 2015, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V


Joint CIC on Enclosed Spaces to be Launched

CIC

  The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on Crew Familiarization for Enclosed Space Entry. The aim of the CIC is to ensure effective procedures and measures are


Rolls-Royce Bolsters R&D for MTU Engines

Rolls-Royce Power Systems will be use the new facilities to test new combustion processes, advanced technologies for electronic regulation and control and, from mid-2016, alternative fuels such as gas. Rolls-Royce Power Systems has invested some 40 million euros in the new testing facilities at MTU. (Photo: Rolls-Royce)

New R&D test facilities in Friedrichshafen already in service; 40 million euros invested for greater fuel economy and lower emissions    Rolls-Royce Power Systems informs it is investing in the development of the next generation of ecological sound and cost efficient combustion


Scorpio Tankers to Acquire Product Tanker

Courtesy Scorpio Tankers

  Scorpio Tankers Inc. announced today that it has entered into an agreement to purchase an MR product tanker. The Company reached an agreement with an unrelated third party to purchase an MR product tanker that was built in 2014 at SPP Shipbuilding Co., Ltd






 
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