Jewel Of The Seas
U.S. Department of Transportation Attends Rechristening of USMMA’s Kings Pointer U.S. Transportation Secretary Anthony Foxx and Acting Maritime Administrator Paul “Chip” Jaenichen today visited the U.S. Merchant Marine Academy (USMMA) to celebrate the rechristening of the Academy’s new training vessel, the Kings Pointer. They were joined by Academy leadership, as well as Senator Charles Schumer and Representatives Timothy Bishop and Steve Israel. “The new Kings Pointer is yet another example of this Administration’s commitment to ensuring first-rate training and facilities for the Academy’s midshipmen,” said Secretary Foxx. “With this modern vessel, the USMMA will continue to produce the finest mariners in the world, helping ensure our national and economic security.” The Obama Administration has made a comprehensive effort to renew facilities and teaching infrastructure at the nation’s maritime academy. Since FY 2009, the Obama Administration has invested more than $450 million at the Academy, including almost $100 million for capital improvements— the most funding ever secured for physical improvements at the Academy. The Kings Pointer was retrofitted as a training vessel at North Florida Shipyard at a cost of $3.3 million. Today’s rechristening follows last week’s dedication of the new “up-to-date” Mallory pier at the Academy
The consortium “Out and About in Palm Deira”, which is made up of Royal Haskoning (as architects/urban planners), MVA consultancy (transport consultants), Systra (rail consultants) and Sogreah (maritime consultants), has won the design competition for an integrated transport master plan for Palm Deira in Dubai. Palm Deira—the third Palm and a future metropolis for 1.2 million people—is currently being reclaimed from the sea
Greenpeace won its bid to delay oil exploration in the north Atlantic when a judge ruled the British government was failing to apply a European Commission environmental directive in allocating licenses. "The decision is a huge victory for whales, dolphins and coral reefs," Peter Melchett, the environmental group's executive director, told reporters after the ruling. The government is considering an appeal against the judgment that it is not taking into account the Commission's Habitats
Royal Caribbean Cruises Ltd. announced second quarter earnings were $66.7 million or $0.34 per share. This compares to $81.7 million or $0.42 per share for the second quarter of 2001. Net revenues per available passenger cruise day ("Yields") were down 3.3 percent, which was significantly better than previous guidance of a decline in the range of 5 to 7 percent. At June 30th, the company's net debt to capital ratio was 56.6 percent and liquidity was approximately $1.6 billion.
Florida treasure hunters found a trove of $4.5 million worth of Spanish gold coins 300 years to the day after a fleet of ships sunk in a hurricane while en route from Havana to Spain, the salvage owner said Wednesday. The 350 coins found on July 30 include nine rare pieces, known as royal eight escudos, which were being transported to the King of Spain, according to Brent Brisben. His company, 1715 Fleet - Queens Jewels, owns the rights to the wreckage.
Sydney is the stage for the biggest get-together of a fleet of cruise ships ever seen in the harbor city. Five P&O cruise ships have created a V-formation at sea then sailed toward Sydney abreast in a single line, to celebrate the fleet's newest additions, the Pacific ARIA and Pacific EDEN. Just before sunrise, Pacific Dawn, Jewel, Pearl and today's additions to the cruise line, Aria and Eden
Many Norwegian companies remain under-priced and are likely targets for foreign predators, analysts said. Despite gains in the Total index to peaks this week at around 1,300 points -- the highest so far this year -- analysts said Norwegian companies remain cheap and are natural prey for foreign bidders. "There are still crown jewels on the Oslo bourse, especially in the industrial sector," said Morten Stundstoe, chief analyst in Fondspartner
Just as soon as Vickers Plc put the finishing touches on its revived industrial empire - acquiring a myriad of marine propulsion equipment suppliers in order to dominate a once fragmented piece of the international maritime market - wheels have been set in motion to acquire the goliath itself. Last week Rolls-Royce Plc launched a surprise $933 million (576 million pound) agreed cash offer for Vickers Plc in a move aimed at making it the global leader in marine power systems
200 Plus Transits Expected. The Panama Canal cruise-line season officially starts today, Wednesday, October 5, and runs through the middle of next year. More than 200 transits of these passenger vessels are expected. The transit of Princess Cruises Island Princess will mark the beginning of the season, traveling for 14 days from Los Angeles, California, to Fort Lauderdale, Florida
Oceania Cruises announced that Regatta, Insignia and Nautica, its trio of R-Class ships, will undergo a transformation starting early next year in what the company said is the largest refurbishment program in its history. The ships will receive a $50 million upgrade in a six-week timeframe that includes the refurbishment of suites, staterooms and select public rooms, some in the colors and décor-style found on the line's newest ships - Marina and Riviera
The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea.
Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent. The signing of the deal comes in line with directives by
The bill is to form the basis of a maritime planning act intended to promote economic growth and development of sea areas. The Danish Maritime Authority is to head the work. The bill on maritime planning gives the guidelines for the drawing up of a holistic marine plan for Denmark's sea
ESL Shipping Ltd and the steel company SSAB have signed a long-term frame agreement covering SSAB’s inbound raw material sea transports within the Baltic Sea and from the North Sea. The purpose of the agreement is to enable mutual
Chinese President Xi Jinping said on Saturday China has always insisted the dispute in the South China Sea should be resolved peacefully through talks. Freedom of passage in the South China Sea has never been a problem and will never be a problem Xi said, during a visit to Singapore.
China is not aware of any plan to discuss the disputed South China Sea at an Asia Pacific leaders' summit next week, a senior Chinese diplomat said on Tuesday, amid tensions between China and the Philippines over the waters. For its part
European shipowners have widened the scope of the former European Community Shipowners’ Associations (ECSA) Piracy Working Group, now renamed ECSA Maritime Security Working Group in a move aiming to keep the European shipping industry abreast of maritime developments.
The ice-covered Arctic Ocean is a more important factor concerning the concentration of the greenhouse gas methane in the atmosphere than previously assumed. Experts from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) report on the newly discovered
India and Bangladesh have signed the standard operating procedure (SOP) to launch the ‘Agreement on Coastal Shipping’, which is expected bring down the logistic costs of export-import cargo between the two countries.
China has shown "great restraint" in the South China Sea by not seizing islands occupied by other countries even though it could have, a senior Chinese diplomat said on Tuesday ahead of two regional summits where the disputed waterway is likely to be a hot topic.
Around 20 African migrants are missing at sea after their boat sunk in the Atlantic Ocean around 20 miles off the coast of Western Sahara, Spanish sea rescue services said on Wednesday. Spanish lifeguards rescued 22 African men from the sea late on Tuesday in stormy conditions and
Eastern Shipbuilding Group launched M/V Harvey Sub-Sea (Hull 249) for Harvey Gulf International Marine, Inc. M/V Harvey Sub-Sea is a first of two (2) 340 ft. Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine. M/V Harvey Sub-Sea will feature a 250MT AHC Knuckle Boom Offshore Crane
China's top admiral said his forces have shown "enormous restraint" in the face of U.S. provocations in the South China Sea, while warning they stand ready to respond to repeated breaches of Chinese sovereignty. Beijing, which claims almost the entire energy-rich South China Sea
Japanese Prime Minister Shinzo Abe may consider a request from the Philippines for large coastguard ships to patrol the disputed South China Sea, after the two allies reached a deal on defence equipment and technology. China has overlapping claims with Brunei, Malaysia, the Philippines
A United Nations arbitral tribunal in The Hague heard some of the Philippines’ territorial claims over the disputed Spratly Islands in the South China Sea on Tuesday. A delegation of nearly 50 lawyers and representatives for the Philippines gathered to present their case