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
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 Norwegian-flagged ship that was held in Kenya for more than a week over undeclared weapons belonging to the United Nations has been released, the owners of the vessel said. Kenyan authorities boarded the ship at the port of Mombasa on Sept. 17 and uncovered undeclared weapons in a U.N. shipment destined for peacekeepers in the Democratic Republic of Congo. The U.N. defended the shipment. "Höegh Transporter has finally been released from detention in Mombasa, Kenya
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
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
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
Government aims for second terminal startup by mid-2017. Pakistan has launched a tender for a second liquefied natural gas (LNG) import terminal, a government official said on Tuesday. The nation of 190 million people can only supply about two-thirds of its gas needs
Lowrance, a world-leading brand in fishing electronics since 1957, announced today the release of a new, premium Elite Ti standalone series of fishfinder/chartplotters. The Lowrance Elite-5 and Elite-7 Ti touchscreen fishfinder/chartplotters offer anglers high-performance at an incredible
Veson Nautical, a provider of commercial maritime software and services, has announced that despite challenging times in the shipping industry, the company has added 42 new clients from around the globe over the past 18 months.
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of western India’s gateway ports, announced having hosted the maiden call by leading RORO operator Höegh Autoliners vessel – m.v. HOEGH ANTWERP at Pipavav Port.
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
Simrad Yachting announced today that Simrad HALO Pulse Compression Radar has been awarded the National Marine Manufacturers Association (NMMA) Innovation Award in the OEM Electronics category at the 2015 International BoatBuilders’ Exhibition & Conference (IBEX).
Kenyan police raided a ship docked in the Indian Ocean port of Mombasa on Friday, on suspicion that it carried drugs and firearms, officials said. East Africa has become a key export route for Afghan heroin destined for Europe. Regional maritime forces
Kenyan security agents have found an unspecified amount of weapons and drugs on a Norwegian-flagged ship they intercepted last week, a senior police officer said. East Africa has become a key export route for Afghan heroin destined for Europe
Weapons discovered by Kenyan authorities aboard a Norwegian ship were part of a legitimate cargo for United Nations peacekeepers and the vessel should not have been inspected without a U.N. presence, a U.N. spokesman said on Thursday.
Simrad HALO Pulse Compression Radar has been awarded the Technology Award at the 2015 National Marine Electronics Association (NMEA) Conference and Expo in Baltimore, Md. The NMEA 2015 Technology Award is judged by an independent panel of experts recognizing exceptionally innovative
Front Street Shipyard in Belfast, Maine, is partnering with Brødrene Aa in Hyen, Norway, to market, sell and build carbon fiber ferries throughout the United States under the new company name Arcadia Alliance. Working in conjunction with Maine Composites Alliance and Martin Grimnes
Press release- Kongsberg Maritime has released its latest K-Sim Cargo simulator model, SCC-II, based on a Suezmax crude oil carrier with 12 cargo tanks and two slop tanks. Shown for the first time at Kongsberg Maritime’s European Simulator User Conference in Gothenburg this September
Oslo-listed Hoegh LNG, whose floating plants turn liquefied natural gas (LNG) into gas, reported on Monday third-quarter earnings below forecasts and offered a dividend of $0.10 as expected. Its earnings before interest, tax, depreciation and amortisation (EBITDA) swung to a profit of $26
MacGregor, part of Cargotec, and Maersk Line, part of the Maersk Group, have agreed to cooperate on the development of the next generation of container securing systems. MacGregor, leading provider of cargo and load handling solutions
Lowrance announced today the evolution of convenience and superior performance in fishfinding technologies – the new Lowrance TotalScan all-in-one transducer – combining proven CHIRP sonar capabilities with exclusive high-resolution StructureScan HD and DownScan Imaging