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Kicks Off

Goldman Sachs to Handle Daewoo Sale

Goldman Sachs was picked to manage the sale of Daewoo Shipbuilding and Marine Engineering Co Ltd., according to a Reuters report, kicking off a deal expected to attract in excess of $4b. The sale is poised to become the biggest M&A transaction in South Korea this year, as the state-run Korea Development Bank (KDB) and other banks are putting up their 50.4 percent stake in the world's third-largest shipbuilder. The deal has reportedly drawn interest from a number of Korean companies, including steel giant POSCO.


Kockums Kicks Off Upgraded Tribon M1

The new generation of Tribon Shipbuilding system for ship design and building, Tribon M1 utilizes Microsoft NT-based technology to set the stage for easy installation, use and 3D design development and management. Launched by Kockums Computer Systems (KCS) at Nor-Shipping this past June, Tribon M1 applications can be used together or with existing Tribon installations and databases on UNIX or VMS. The program encompasses four focused areas of applications: design, rule-based automated design


NCL Christens Norwegian Pearl

At a ceremony at the Port of Miami, talk show host Rosie O'Donnell served as Godmother and christened Norwegian Cruise Line's (NCL) newest ship, Norwegian Pearl. The new 93,530-ton Freestyle Cruising vessel boasts an industry first -- a four-lane ten-pin bowling alley; and two NCL firsts -- a rock-climbing wall and two top-of-the-ship Deluxe Owner's Suites. The christening ceremony took place alongside the striking


S.S. Calcio Napoli On Board Costa Concordia

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S.S. Calcio Napoli (Naples soccer club) kicked off its 2009/2010 campaign in Italy’s top flight Serie A by presenting the team at a special event arranged yesterday (August 3) on board the Costa Concordia, the flagship of the fleet operated by Costa Cruises. The stars of the occasion, the full Naples squad including all the new signings, descended on the Stazione Marittima in helicopters and powerboats. Authorities, personalities from the world of sport and show business


KVH Expands Coverage to Africa

KVH Industries (NASDAQ:KVHI) announced the successful activation of its mini-VSAT Broadband(SM) service in Africa. The latest step in the joint effort by KVH and ViaSat to offer a seamless global broadband network for vessels and aircraft, the new African coverage area is using the Telesat 11N satellite, which has already been supporting Atlantic service. The network is now bringing broadband Internet and voice service for commercial and leisure boaters in and around Africa.  


European Consortium Launches Blue Nodules Project

Project Blue Nodules Deep Sea Mining Concept Courtesy EC

On 1 February a European consortium launched a new Horizon 2020 project: Blue Nodules. This project addresses the challenge of creating a viable and sustainable value chain to retrieve polymetallic nodules from the ocean floor. It will develop and test new highly-automated and sustainable technologies for deep-sea mining with minimal environmental pressures. The technical side of the project is dedicated to subsea harvesting equipment in addition to the in-situ seafloor and sea surface


Iridium Satellite Launches Services

Iridium Satellite kicked off the commercial launch of its global satellite communications services at a press conference on March 28. The Iridium gateway is fully operational, enabling the delivery of truly mobile, truly global voice telephony services. The company will launch data services, including dial-up access and direct Internet connectivity, in June 2001, followed by short burst messaging services, which are expected to be available later in the year


ASNE to Hold Conference

The American Society of Naval Engineers (ASNE) is holding its annual exhibition, conference and meeting on April 30-May 1 in Arlington, Va. ASNE Day 2001 kicks off April 30 with a plenary session. Keynote speaker is RADM Jay M. Cohen, USN, Chief of Naval Research. His address will focus on ASNE Day's theme, "Technology Insertion in the 21st Century Fleet." Following his address will be a panel discussion on Technical Insertion with senior representatives from Naval Sea Systems Command


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Today kicks off the year long celebration of Maritime Reporter & Engineering News 75th Anniversary. Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. (http://img.marinelink


CIMC Raffles Starts Norway's Semisub Construction

CIMC Raffles starts Norway semisub

Chinese semi-submersible rig specialist CIMC Raffles has kicked off construction of a deep-water unit destined for operation in Norway’s North Sea and other challenging regions such as the Arctic and Barents Sea.Construction started yesterday. Beacon Atlantic, built for Norway’s rig player North Sea Rigs to the GM4-D design, will be capable of operating in water depths of 500 metres with drilling depth up to 8000 metres.


Indonesia to Open Mini LNG Terminal in March

Image Courtesy: Antara Foto

 Indonesia's first mini liquefied natural gas (LNG) terminal, considered an ideal concept for a gas terminal an archipelago, is set to start operations in March, supplying 40 million standard cubic feet per day (mmscfd) of gas to Bali’s Pesanggaran power plant.  


Greek Pension Protests Hit All Transport Sectors

Ferries were docked at Greek ports on Wednesday as sailors kicked off their second 48-hour strike this week, adding to a groundswell of public discontent over plans to reform the country's struggling pension system. Prime Minister Alexis Tsipras launched a vocal defence of the plan on Tuesday


US, Canada Partner to Break Ice on Lower Great Lakes

Coast Guard Cutter Bristol Bay sits in the middle of Lake Erie as its crew takes ice liberty during a short break from ice breaking duties as part of Operation Coal Shovel, March 2015. The crew of the Bristol Bay, along with the Canadian Coast Guard Ship Griffon, escorted the motor vessel Algoma Hansa through a frozen Lake Erie. (U.S. Coast Guard photo by Nick Gould)

 U.S. and Canadian Coast Guard icebreaking crews kick off operation Coal Shovel Friday in the waters of the southern Great Lakes.   Operation Coal Shovel encompasses domestic icebreaking operations in southern Lake Huron, Lake St. Clair, the St


Newport News Shipbuilding Rings in 130 Years

Dry Dock 1 at Newport News Shipbuilding is flooded prior to the official opening celebration of the shipyards first dry dock on April 24, 1889.  The Puritan-class monitor USS Puritan waits beyond the dry dock’s gate to enter. (Photo: HII)

Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division kicked off its 130th anniversary celebration January 28.   Newport News, the sole designer, builder and refueler of U.S. Navy aircraft carriers and one of two providers of U.S


First Cruise Ship of the Record Season Arrives Auckland

Diamond Princess. Photo: Princess Cruise Lines, Ltd

 Auckland’s bumper cruise season has officially kicked off with the arrival of Princess Cruises’ mega liner Diamond Princess into port today (October 08).   New Zealand's tourism sector can expect a big boost, with a record breaking cruise season ahead.  


India, US, Japan Naval Drills Begins, Irks China

Image: US Navy

 India, Japan and the United States kicked off the first joint naval exercises  in the Bay of Bengal in eight years and such drills will occur each year, Indian government sources said.   The Japanese Maritime-Self Defense Force (JMSF) confimed that it will Permanently Join


Exercise Malabar 2015 Launched

Officers from Indian navy, Japan Maritime Self Defense Force, and U.S. Navy meet for an executive officers call in the wardroom of the littoral combat ship USS Fort Worth (LCS 3) as part of Exercise Malabar.

   Naval forces and liaisons from India, Japan and United States begin Exercise Malabar 2015, Oct. 16, through air defense collaboration. The featured cooperation consists of aircraft carrier USS Theodore Roosevelt (CVN 71), Carrier Airwing (CVW) 1


Port Construction: Tanzania Kicks Off $11B Project

Dar es Salaam Port. Photo by Tanzania Ports Authority

Work started last week on an $11bn megaport in Tanzania, funded by China and Oman, which the country’s president said would spark an “industrial revolution” in the east African nation.   The new port at Bagamoyo will dwarf the country’s current main port at Dar es


Italy's LSCT Executives Tour Asian Logistics Hubs

Cecilia Battistello

  In Singapore, senior executives from Italy's La Spezia Container Terminal - Contship Italia Group will kick off a tour of key cargo hubs across south east and east Asia today to raise awareness and promote the benefits of La Spezia Homeport as the gateway to Northern Italy and its main


Company Profile: Offshore Inland

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Longer Docks; Deeper Water in Pensacola With Offshore Inland Marine & Oilfield Services Inc (OIMO), a leader in topside and riding crew repair services, experiencing strong growth before the drilling market softened, the company knew its days in Mobile, Ala


South African Boatbuilding: Tugboat Honors Mandela Birthplace

(Photos courtesy of Southern African Shipyards)

Transnet National Ports Authority announced a milestone in its $98 million tug building contract when the first of its nine new tugboats was launched at the Durban premises of contractor, Southern African Shipyards.     “This is the largest single contract TNPA has ever


Shipping to See Further Consolidation

Image by MarineLink

 The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years.   If it goes through, NOL and CMA's merger would be the biggest container shipping deal in years


Nordsee One Wind Farm Construction Kicks Off

Photo: DEME Group

DEME Group’s offshore marine engineering company GeoSea announced the start of the construction works for the offshore wind farm Nordsee One in the German North Sea.   The Nordsee One offshore wind farm (85 percent Northland Power – 15 percent RWE) is situated approximately 40


Coast Guard, Industry Navigate Future of Liquefied Gas

Chris Smith, the Department of Energy assistant secretary for Fossil Energy, speaks at Sector Houston-Galveston Dec. 9 to prepare for the increased use of liquefied gases throughout the maritime community and gain a deeper understanding of the intricacies each party faces as they adapt to the rapid growth in this multibillion dollar industry. (U.S. Coast Guard photo by Andrew Kendrick)

Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community and gain a deeper understanding of the intricacies


Biofuels to Help Power Next US Navy Deployment

USS Princeton refuels with biofuel in 2012. Image: U.S. Navy

 The U.S. Navy on Wednesday launched its first carrier strike group powered partly by biofuel  to conduct operations in the Pacific.   The "Great Green Fleet"  warships powered by alternative energy is a milestone toward easing the military's reliance on foreign oil






 
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