Marine link
 

Gulf Navigation

Gulf Navigation Anticipates Expansion for 2007

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 Appoints CFO

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.


Menas Cuts Navigation Dues

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


Freeport Harbor Improvement Project Meeting to be Held at Port

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


Morton Joins Telemar Sales Group in U.S.

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.


Tankship Owner, Gulf Navigation Group, in Dire Straits

Gulf tankship in previous ownership colours: Photo courtesy of Frontline

The Dubai-based shipping company Gulf Navigation has posted a loss of Dh614.3-million in Q3 2013 attributable to a Dh292.8m impairment of goodwill and a write-off of Dh308.6m of the value it expected to receive for the sale of its two very large crude carriers (VLCCs). Doubts about the company’s survival prospects increase and on this question the company states as follows: Going concern The Group's condensed consolidated interim fmancial infonnation has been prepared on a 'going


Contship Joins MedPac Conference

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.


CEECO Assists Restoration Efforts for Gulf Waterway Navigation

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


Galveston, Houston and Texas City Ports Guide Now Available

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


Drought Stricken Mississippi Now Flooding

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.


Governors Write Obama for Mississippi River Funding

Governors seek President Obama’s support for upper Mississippi River commercial navigation locks and ecosystem The Governors of the five Upper Mississippi River States of Illinois, Iowa, Minnesota, Missouri and Wisconsin are seeking President Obama’s support for critical investments


Wärtsilä Signs Harvey Gulf OSV Maintenance Agreement

Harvey Gulf LNG fueled OSV: Photo Wärtsilä

Wärtsilä says it has signed a long-term Technical Management Agreement with Harvey Gulf International Marine LLC (Harvey Gulf). This five-year agreement covers Condition Based Maintenance & Dynamic Maintenance Planning for 8 offshore supply and multi-purpose support vessels – 6


Nine Share in US$6-B DoD Contract Modifications

Container ship: Photo APL

The US Department of Defense informs that nine companies have each been awarded indefinite-delivery/indefinite-quantity fixed-price option-year two modifications for international ocean and intermodal distribution services (Universal Services Contract-7). They are:


BCG Releases PCVM Emulation

PCVM Screen Shot

Buffalo Computer Graphics (BCG) Inc. announced the addition of another emulation product to its family of Radar Simulators. BCG has completed an emulation of the VisionMaster FT radar – our PCVM. PCVM utilizes the same simulation engine as the rest of BCG’s products


Ingalls Donates to MGCCC’s Transitions Academy

Ingalls Shipbuilding President Brian Cuccias, left, and Mary S. Graham, president of Mississippi Gulf Coast College hold the check representing the donation Ingalls made to MGCCC to purchase welding machines. (Photo: HII)

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has donated $53,640 to Mississippi Gulf Coast Community College (MGCCC) for the purchase of welding machines to be used at the school's new Transitions Academy. The academy will be housed at MGCCC's West Harrison County Center in


Woods Hole Group Clinches Multi-Year O&M Contract

  Woods Hole Group will be working with the National Oceanic and Atmospheric Administration, Center for Operational Oceanographic Products and Services for the operation and maintenance of Physical Oceanographic Real Time System along the East Coast of the USA


Admiral Vladimirsky on Round-the-world Voyage

  On 18 August, the Admiral Vladimirsky oceanographic research ship of the Baltic Fleet will leave St. Petersburg and then set sail on an unprecedented round-the-world voyage. "The Russian Navy, after more than 30 years, is returning to round-the-world voyages


Wärtsilä System Chosen for New GoM LNG Facility

The Harvey Gulf LNG facility: Photo Wärtsilä

Wärtsilä says it has been awarded a contract for the control system of a shore-based liquefied natural gas (LNG) fuelling facility in Port Fourchon, Louisiana, USA. Details as follows: The facility is owned by Harvey Gulf International Marine


Sperry Navigation Systems for 7 Bulk Carriers

Jeanne Usher, managing director, Sperry Marine business unit, Northrop Grumman.

Northrop Grumman Corporation has been awarded a contract by Peter Dohle Schiffahrts-KG to supply the Integrated Bridge Systems, including navigation, voyage data recorders and radio systems, to seven new bulk carrier ships. Northrop Grumman's Sperry Marine business unit will supply the


BOEM to Open Bids for Gulf of Mexico Lease Sale

The Bureau of Ocean Energy Management (BOEM) Gulf of Mexico Regional Director John Rodi will open the Gulf of Mexico Western Planning Area Lease Sale 238 at 9 a.m. CDT on Wednesday, August 20, 2014 at the Mercedes-Benz Superdome in New Orleans.


GoM Sale Yields $110m in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S


Water Monitoring to Continue at Western Gulf Ports

Photo: CBI

A water monitoring network that helps keep port traffic moving is the responsibility of the Conrad Blucher Institute (CBI) for Surveying and Science at Texas A&M University-Corpus Christi. CBI, in partnership with Woods Hole Oceanographic Institution in Massachusetts


Navy CNO Sets Out Annual 'Navigation Plan'

Adm. Jonathan Greenert: Photo USN

The Navy's top leader has released a detailed plan that highlights the U.S. Navy's intended track and investments for the next 5 fiscal years, informs Chief of Naval Operations Public Affairs. Chief of Naval Operations (CNO) Adm. Jonathan Greenert's 2015-2019 Navigation Plan defines how the


Electric Boat Powered by Aluminum-air Battery

The vessel - Hydroxy 3000 - is a typical electrical lake vessel for private use by consumers. Together with Heig University, this vessel has been adapted to the new aluminum-air battery technology.

Alcoa, Phinergy and Heig-VD University demonstrate electric boat with aluminum-air battery range extender at Lake Neuchâtel, Switzerland Alcoa, clean technology company Phinergy and HEIG-VD University, today debuted a zero-emissions electric demo boat powered by an aluminum-air battery at


USCG Small Boat Fires Warning Shot at Iranian Vessel

Cutter Monomoy: Photo USN

A U.S. Coast Guard boat operating in international waters in the Arabian Gulf fired on an Iranian dhow in what U.S. military officials described as a defensive move after the crew of the Iranian vessel trained a machine gun on the Americans with hostile intent, informs the US Department of Defense






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright