Gulf Navigation Holding PJSC has set its sights on a capacity expansion of close to 30 percent in 2007. After the acquisition of six double hulled product tankers at the end of last year, and the successful conclusion of their financing arrangement for the six tankers and two chemical tankers to be built in Shina shipyard totaling $186m with Nordea bank, the company plans to acquire and build additional oil and chemical tankers this year. Gulf Navigation Holding has completed all formalities for the listing of its shares on the DFM. The company is in the final stages of securing the regulatory approvals, and plans to start trading soon. Subscriptions for the company’s IPO closed in August 2006. GCC nationals, companies, establishments and general firms under the Federal and Local Governments were invited to subscribe to the offer.
Gulf Navigation Holding PJSC (DFM: GULFNAV) has announced the appointment of Khalid Karim to the position of Chief Financial Officer Khalid brings to Gulf Navigation over 30 years of experience in major oil & gas and shipping companies in senior finance roles. He joins the company as it enters a new phase in its substantial expansionary plan where he will assist the company in its continuing growth strategy.
Spectrum Sciences & Software Holdings Corp. announced today that its wholly owned subsidiary, Coast Engine and Equipment Company (CEECO), has been helping the U.S. Coast Guard rebuild portions of the waterway navigation system in the Mississippi River Delta damaged by Hurricane Katrina. This work, which has a total contract value of approximately $1.3 million, is expected to be completed in January 2006. CEECO has been building the mechanical structures for twenty-five ATON (aid to
The Middle East Navigation Aids Service (Menas) is cutting, with effect from July 1, 2006, its navigation dues tariffs for ships calling at ports in the Middle East Gulf. In addition to cutting its tariff for navigation dues by 50 percent, Menas is also overhauling its dues-charging structure to rationalize its impact on different classes of users. Smaller vessels, i.e. those below 15,000 net registered tons (nrt), that currently pay relatively little and incur proportionately heavy
Representatives of Port Freeport will meet with a delegation of Congressional staffers and representatives from the U.S. Army Corps of Engineers to tour the Port and discuss the viability of the Freeport Harbor Improvement Project that includes the plan to deepen the federal channel up to 60 feet and widen it up to 600 feet. Thus far, Port Freeport has received wide-spread, bi-partisan support for this critical project from the Texas delegation as well as the Governor's office of Federal
Paul Morton has worked for 30 + years in the Marine and Offshore Industry in the Gulf Coast. Morton’s last 18 years were with a major worldwide SOLAS navigation electronics firm. He comes to Telemar USA as an “Inside Sales Manager.” Paul is responsible for parts/consumables/shipboard communication & navigation electronics for the Telemar USA, LLC.
Contship Containerlines has enhanced its presence in the Mediterranean-North American West Coast trade by joining the MedPac Conference, following its debut on the route almost two years ago. The fast-expanding container shipping line entered the trade in July 1999 through an agreement with d'Amico/Italia Line, gaining slots on the service which calls at Valencia, Livorno, Genoa, Cartegena, Long Beach, Vancouver, Portland and Oakland.
The Houston/Galveston Navigation Safety Advisory Committee (HOGANSAC) has compiled the first-ever Facility Information Guide for the ports of Galveston, Houston and Texas City. The Guide provides specific navigation information for every facility in the three-port area. Information in the Guide was contributed by terminal owners and operators and organized by staff members at Coast Guard Vessel Traffic Service Houston/Galveston
Middle East Navigation Aids Service (MENAS) introduced its new multipurpose light tender vessel Relume in a special naming ceremony at Damen Shipyards’ Royal Schelde facility in Vlissingen, The Netherlands. The vessel, the third MENAS ship to bear the name Relume, was christened by Mrs Chantal E Mitropoulos, wife of the International Maritime Organization (IMO) Secretary-General Efthimios Mitropoulos. Although the paramount responsibility of the new Relume will be
Seven Mississippi River locks between Muscatine, Iowa, and Saverton, Missouri, expected to close as water-level rises. The closures of Locks 16 through 22 will effectively shut the river to commercial navigation from central Iowa to northern Missouri, reports Reuters, citing information from the U.S. Army Corps of Engineers. Some 60 percent of U.S. grain exports are shipped via the Mississippi River and its tributaries from farms in the Midwest to export terminals at the Gulf of Mexico.
South Shields based Solar Solve Marine received an order for Solasolv anti-glare, heat rejecting roller screens for the navigation bridge windows of a Marine Capture Vessel (MCV) which is being converted at Drydocks World in Dubai. Solasolv screens are installed at the windows of ships
The 6,000-meter-rated remotely operated vehicle (ROV) system will be tested from 'Okeanos Explorer' in the 2013 field season. Dave Lovalvo, project manager for the NOAA Office of Ocean Exploration and Research’s Deep Submergence Group and his team has built and will be testing the ROV
Unmanned aircraft accomplishes first ever ‘touch-and -go’ aboard aircraft carrier CVN 77. The Navy's X-47B Unmanned Combat Air System Demonstrator (UCAS-D) has begun touch-and-go landing operations aboard the aircraft carrier USS George H.W. Bush following on board launching.
US Coast Guard cadet training barque ‘Eagle’ completes its first week of the cadet summer training deployment in the Atlantic Ocean. Eagle left its homeport in New London, Conn., and sailed more than 600 miles headed to the Caribbean while under sail power and using celestial
NOAA uses data from a new current meter in New York harbor operated by New Jersey’s Stevens Institute of Technology. The system provides enhanced real-time information to mariners travelling through the nation’s second busiest port.
Launched at SMM 2012, Cobham SATCOM made its new standalone Sailor Class A AIS available to order in April 2013. The Sailor 6280/81 AIS System is a black box solution with flexible installation possibilities and features contemporary touch screen operation through the new Sailor 6004
The port of Fujairah has installed eight Tideland SB-285P lateral mark buoys equipped with SolaNOVA-65 self-contained LED lanterns and AIS AtoN (aids to navigation) systems to communicate with vessels in the vicinity. The buoys are deployed north of the port and mark a new passage where the
Raven Aerostar say that the Associated Branch Pilots of the Port of New Orleans (Bar Pilots) has selected its Traffic Management System. The system provides increased situational intelligence for Port of New Orleans ship pilots. Raven Aerostar's marine navigation aid systems are used by ship
Chief Executive Officer of Harvey Gulf International Marine, Shane Guidry announced the execution of three agreements for vessels totaling $540 million. These purchases will raise the total capital expenditures of Harvey Gulf to $1.7 billion since August of 2008.
OilCareers.com and Expro reveal industry shift to permanent positions OilCareers.com has released statistics suggesting that staff roles offered by employers in the Gulf of Mexico have increased almost sixteenfold in the last three years.
International Mine Countermeasures Exercise (IMCMEX) 13 sees a gathering of 35 ships, 18 Unmanned Underwater Vehicles (UUVs) & over 100 explosive ordinance disposal (EOD) divers. Representatives from 41 nations are assembled in Bahrain to prepare for International Mine Countermeasures
L-3 SAM Electronics announced that it will exhibit an extensive range of advanced automation, navigation, dynamic positioning, electric propulsion, shore connection and degaussing systems for ships of all types and sizes in at Nor-Shipping, in Oslo, Norway, June 4-7.
The Department of the Interior’s Bureau of Safety & Environmental Enforcement (BSEE), Noble Energy, Inc. and the Helix Well Containment Group (HWCG) participated in the exercise. A full-scale deployment of critical well control equipment was employed to assess Noble
The Cyprus Department of Merchant Shipping accredited Gulf of Aden Group Transits Ltd. (GoAGT) to provide armed guards onboard Cyprus flagged vessels. The accreditation was gained in only three months following initial submission, less than half the normal time estimated to achieve this.
Today in U.S. Naval History - May 13 1908 - Navy Nurse Corps established. 1943 - Bureau of Navigation renamed Bureau of Naval Personnel. 1945 - Aircraft from fast carrier task force begin two-day attack on Kyushu airfields, Japan.