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Leif Hoegh

Daewoo Shipbuilding Wins Orders Worth $600m

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


Oil Majors, Shipowners Merge Online Tanker Exchange

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


Morris Challenges Owners To Fight Slave Ships

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


New Board at Kvaerner Masa-Yards

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.


Sperry Marine Supplies Navigation for Ville de Bordeaux

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 Wins Newbuild FSRU Regas Orders

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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


Norway Funds Shipbuilding Training Program

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


Statoil's Chairman Resigns

On September 21, Leif Terje Løddesøl informed the head of Statoil's corporate assembly and the board of directors that he is withdrawing with immediate effect from his position as chairman and member of Statoil's board of directors. The way in which the debate about Statoil has developed recently has caused him to take the view that his possibility for efficiently leading the board has been weakened. He believes that in the best interests of Statoil, a new chair should be elected.


Management Change in Aker Yards

Mr Leif Borge, CFO, has accepted a position as CFO in Aker Kvaerner ASA and will for that reason leave Aker Yards at the end of his notice period. Recruitment of his successor has been initiated. Mr Borge has been CFO of Aker Yards since 2002. Mr Julin says in a comment: "I would like to take this opportunity to thank Mr Borge for the excellent work he has put down for Aker Yards so far. He has been instrumental in developing the company into its current form


Grieg Named New President of the NSA

The Annual General Meeting of the Norwegian Shipowners' Association (NSA) has elected Elisabeth Grieg, the Chief Executive of Grieg International AS, as the Association's new President. Grieg (48) was proposed unanimously by the election committee and succeeds Trygve Seglem of Knutsen OAS Shipping, who has been President for the last two years. Elisabeth Grieg is the first female president of the NSA. Thor Jørgen Guttormsen of Leif Høegh & Co in Oslo and Stig Remøy of Olympic Shipping


Simrad Introduces ForwardScan

Simrad has announced its new ForwardScan  forward-looking echosounder transducer. Unlike traditional sonar that will only show boaters where they have been, the new technology provides a clear image on a Simrad multifunction display of the water column and ocean floor in front of the boat


Hyundai Heavy Names First Newbuild LNG FSRU

The world’s first newbuilding LNG floating storage regasification unit

Hyundai Heavy Industries Co., Ltd. (HHI) held a naming ceremony for the world’s first newbuilding LNG floating storage regasification unit (LNG FSRU), ordered from Höegh LNG in June 2011. The 170,000 cbm LNG FSRU, measuring 294 meters in length


Scania Evaluates Volkswagen Buyout Offer

Calculator credit Dominic Alves CCL

At an extraordinary board meeting in Scania the board of Scania – excluding Martin Winterkorn, Hans Dieter Pötsch, Francisco J. Garcia Sanz, Leif Östling and Ferdinand K. Piëch – has decided to appoint an independent committee


Ship Glut Burdens LNG Tanker Market, Slashes Profits

LNG carrier rendering courtesy of MOL

By Jonathan Saul and Oleg Vukmanovic, Reuters Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst downturn in decades. The liquefied natural gas (LNG) tanker market was until recently


First TWMA Offshore Processing Contract in Norway

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TWMA, a  company in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has been awarded a major contract with Total E&P Norge AS to deliver offshore waste management services during the development of the Martin Linge field


Navy's 2013 Stockdale Leadership Awards Decided

Cmdr. Rich Massie berthing USS Maine: Photo credit USN

Cmdr. Richard N. Massie and Cmdr. Leif E. Mollo are the 2013 recipients of the Vice Adm. James Bond Stockdale Leadership Award which is presented annually to two commissioned officers on active duty in the grade of commander or below who are serving in command of a single unit and who serve as


Kongsberg Reports on European Simulator User Conference

160 delegates from all over Europe joined UC2013.

The Kongsberg Maritime Simulator User Conference (UC 2013), which took place in Svendborg, Denmark September 24-26, brought together many of the leading organizations in maritime and offshore training. UC 2013 is an annual event, designed as a platform for the discussion and development of


Kongsberg: New Drilling Rig and Ship Simulator

Photo: Kongsberg

Kongsberg Maritime has introduced two new Diesel Electric models for its Engine Room Simulator, K-Sim Engine (previously Neptune). The DE88 Semi-Submersible Drilling Rig model, containing eight Wärtsilä 16V26 engines and eight thrusters, is already available


Cargotec Buys Aker Mooring and Loading Systems Business

Photo: Aker Solutions

Aker Solutions today agreed to sell its mooring and loading systems business to Cargotec for an enterprise value of NOK 1.4 billion, or about €180 million. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems


Maiden Call of "Glovis Condor" at the Haropa Ro-Ro Terminal

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GLOVIS, a Korean company and a newcomer as a shipping line, was at first expert in global automotive logistics. As a result of a tonnage agreement with Hoegh Autoliners, the latter market this shipping service on the Middle East trade with one vessel per month and GLOVIS manages the operations


UASC's New Mega-Container Ships to Have Kongsberg 'Full Picture'

Full Picture Bridge: Photo courtesy of Kongsberg

Kongsberg Maritime has secured contracts with a value of NOK 150 Million to deliver fully integrated navigation and automation systems for a series of 10 container vessels ordered by United Arab Shipping Company (UASC) and under construction at HII.


FEMCO Contracts Havyard for Ice Breaker Newbuild

Photo: Havyard

Havyard has been commissioned to design and build an ice breaker vessel for Russian shipping company FEMCO, to be designed by Havyard Design & Solutions in Fosnavaag, Norway and is going to be constructed at Havyard Ship Technology`s shipyard in Leirvik in Sogn, Norway


Latest Ocean-going Shipbuilding Orders

Bow Image CCL

A relatively quiet week in the shipbuilding sector according to the latest report Clarkson Hellas S&P Weekly Bulletin. Dry Bulk Carriers Henghou Industries have contracted two further vessels in a series of 250,000 dwt ore carriers at Guangzhou Longxue


Navico Acquires Consilium Radar Business

Leif Ottosson: Photo credit Navico Holding AS

Navico Holding AS, parent company to the Simrad brand and Consilium AB, has acquired Consilium’s radar business. As part of the transaction, Navico takes over all operations of the radar business in Italy, including research and development, product management and manufacturing.


Simrad Debuts RS90 VHF Radio

Simrad, designer and manufacturer of marine electronics, has announced  its powerful and versatile new modular, black box VHF radio, the RS90. Packed with innovative communication features the RS90 offers unparalleled performance with a standard feature set that includes an Automatic


 
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