Daewoo Shipbuilding & Marine Engineering Co., has won three orders worth a combined $600m to build six ships for three companies in Russia, Africa and Europe. Daewoo Shipbuilding & Marine Engineering will construct two crude oil carriers for Sovcomflot Group, Russia's largest shipping company, two tankers for a company in Liberia and two car carriers for Leif Hoegh & Co., a Norwegian shipper. The ships will be delivered to the companies by January 2011. Source: Business in Asia Today
A U.S. oil majors' Internet tanker venture is merging with a shipping dot-com in a bid to become the first live online chartering exchange for the industry. SeaLogistics, which is backed by five oil groups, is merging with OneSea Direct, which has several major shipowner investors, to combine their efforts in web-based tanker chartering, the two companies said. SeaLogistics currently involves U.S. oil companies Texaco, Chevron, Koch Industries, L.G. Caltex and Coastal Corp
A new Board of Directors has been elected for Kvaerner Masa-Yards Inc.. Chairman: Leif-Arne Langøy (President and CEO, Aker Kvaerner Yards AS) Members: Jorma Eloranta (President and CEO, Kvaerner Masa-Yards Inc.), Karl Erik Kjelstad (Executive Vice President, Aker Kvaerner Yards AS), Oddvar Slettevold (Executive Vice President, Aker Kvaerner Yards AS) and Trond Ø. Westlie (Chief Financial Officer, Kvaerner ASA). Aarne Ukkola and Jorma Malinen continue as representatives of the personnel.
Northrop Grumman Corporation’s Sperry Marine business unit has supplied the navigation and communication electronics for a new highly specialized ship that has been designed specifically to convey giant components for Airbus’ next-generation A-380 aircraft. The new ship, christened Ville de Bordeaux, was built in China’s Jinling shipyard and is being delivered to French shipowner Louis-Dreyfus Armateurs this month. The vessel will fly the French flag and will shuttle among the various
Hamworthy has secured a contract for the supply of regasification technology on board what are understood to be the world’s first newbuild Floating Storage and Regasification Units (FSRUs). Two 170,000m3 storage capacity vessels, owned by Hoegh LNG, are being built at the world’s largest shipbuilder, Hyundai Heavy Industries. Under the terms of the contract, Hamworthy will deliver systems to the Ulsan-based yard, one apiece in December 2012 and February 2013
Egypt finalized a deal with Norway's Hoegh LNG for a long-delayed liquefied natural gas import terminal on Monday that will eventually help the power-hungry country resolve a chronic energy shortage. However, the expected launch date for the floating storage and regasification unit was pushed back to the end of March, the latest in a series of delays over the past two years. Liquefied natural gas shipper Hoegh signed a five-year contract with Egypt's EGAS in Cairo at an event that
A former Australian transport minister challenged oil tanker owners, who were meeting in Sydney on Tuesday, to join him in the fight against "slave-ships", which still thrive in the world's shipping trades. At the end of a vigorous debate on corrosion in tankers, Peter Morris challenged the industry to take more interest in its human resources. "You've all been worrying about the rates of corrosion of metal, but what about the corrosion of lives?" he asked
Norway has committed some $4m in grants to aid Vietnam’s shipbuilding industry in human resource development over the course of the next three years, VNA reported. A deal was signed in Hanoi, on May 21, to seal the decision during a visit by Norwegian State Secretary of the Ministry of Foreign Affairs Anne Stenhammer. An amount of $1.84m is to be funded by Norway's Government, while Det Norske Veritas, Hoegh Autoliners and Jotun Paint, three of Norway's leading shipbuilders
Authorities hope to continue the salvage operations of car carrier vessel Hoegh Osaka which ran aground shortly after its departure from the Port of Southampton January 3. According to the U.K. Maritime and Coastguard Agency (MCA), Hoegh Osaka is currently stable at the anchorage after unexpectedly self-floating yesterday. Three tugs kept the vessel in place overnight despite some high winds in the early hours.
Car carrier vessel Hoegh Osaka, which has been refloated after running aground last week, remains held in position at anchor on the Alpha Anchorage. Salvors pumped water from the ship for up to 2 hours yesterday, the U.K. Maritime and Coastguard Agency (MCA) said. Salvors also checked the ballast system and intend to rig another pump in the lower hold to pump into the ship’s tanks as well as overboard. No oil discharge has been reported
The Governor-General, His Excellency General the Honourable Sir Peter Cosgrove, AK, MC (Retd), together with the Assistant Minister for Defence Stuart Robert, MP, and Chief of Navy Vice Admiral Tim Barrett, AO, CSC, RAN, today attended the decommissioning of HMAS Tobruk to bid the ship a fond
Norway-based BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract. This comes as as the North African country's government grapples with energy shortages.
Lowrance, a world-leading brand in fishing electronics since 1957, announced today its renewed OEM partnership with Phoenix Bass Boats. Under the terms of the renewed three-year agreement, Lowrance is the standard electronic equipment on all Phoenix high-performance bass boats.
SHIPFLOW 6 comes with a new module for computing ship motions in waves and the SHIPFLOW RANS solver is up to 10 times faster than its predecessor. SHIPFLOW MOTIONS is a new flow solver for computing ship motions in waves. It is a time accurate fully nonlinear boundary element method which
ONS Norway has been cancelled by its organizers, as low oil prices, low activity and great uncertainty in the industry have meant that too few exhibitors have registered, the ONS Foundation announced. The exhibitor registration was good until early in the year before it stagnated
B&G, a leader in the manufacture of instruments and marine electronics for sailing, announced today the release of the compact Wireless Pilot Controller. Providing complete control to sailors, no matter where they are on the boat
Ten myths about Ballast Water Treatment debunked ERMA FIRST’s International Sales Manager, Leif Erik Caspersen, during his presentation at Green4Sea Forum, which was held on Wednesday, April 22, at Eugenides Foundation. The list of the 10 myths about ballast water treatment
Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG) import terminal, the head of the state gas board told Reuters on Monday, seeking to tackle an energy crisis. Egypt was once an energy exporter but declining oil and gas production and increasing consumption has
Navico, the world’s largest manufacturer of marine electronics and parent company to the Lowrance, Simrad, B&G and GoFree brands — has been named Cabela’s® 2014 Vendor of the Year for the General Outdoors Division.
Remi Eriksen has been appointed as the DNV GL Group’s new president and CEO, succeeding Henrik O. Madsen, who will retire August 1. The DNV GL board of directors began an executive search and selection process in October 2014 to find and appoint Madsen’s successor due to his planned
Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from floating to fixed interest rate.
Drydocks World, provider of maritime and offshore services to the shipping, oil, gas and energy sectors, showcased its global services, projects and infrastructure to an international audience at the 50th Nor-Shipping Exhibition in Oslo from June 2-5, 2015.
HMAS Tobruk (II) sailed through Sydney Heads back to her home port at Garden Island for the last time today. The amphibious heavy lift is scheduled to decommission on Friday 31 July, after 34 years of service in the Royal Australian Navy.
Kongsberg Maritime has received DNV-GL certification for three of its latest engine room simulator models designed to provide in-depth training on the K-Sim Engine simulator platform. The DNV GL-ST-033:2014-08 Maritime Simulator Systems certification
Lowrance, a world-leading brand in fishing electronics since 1957, announced today the release of a game-changing,sonar-imaging system – Lowrance StructureScan 3D. Lowrance StructureScan 3D allows anglers to easily see fish, underwater structure and bottom contours in a stunning