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Nears Completion

First Ship Nearing Completion at Kvaerner Philadelphia

The MV Manukai, Kvaerner Philadelphia Shipyard's first ship, was floated out of the building dock this weekend. The 712-ft. container ship being built for Matson Navigation was towed to the outfitting dock for its final outfitting phase. The $110 million ship which is constructed entirely of American-made materials, including Bethlehem steel, will be deployed to its home base in Honolulu upon completion, and will sail between Hawaii, Seattle and Oakland. Construction is under way at the yard on its sister ship.


Alaska Shipbuilder Finishing Unique Ferry

A unique $68 million ferry – an icebreaking catamaran with a variable draft for landing -- is nearing completion at Alaska Ship and Dry Dock in Ketchikan Alaska, according to a report from the  Alaska Journal of Commerce. The ferry is scheduled for christening in January 2010, going into service the next year. The U.S. Navy will test the vessel, and turn it over to the Matanuska Susitna Borough. Anchorage and Mat-Su officials must still determine where the vessel will dock on the


Hydro, Statoil to Establish Offshore Oil Company

The boards of Norway's Hydro and Statoil have urged their shareholders to approve a deal that would merge their oil and gas assets. If approved, Norway's largest offshore oil company would be created, with a combined production of 1.9 million barrels per day in 2007 and proven oil and gas reserves of 6.3 billion barrels of oil equivalent. Hydro's shareholders will hold 32.7% and Statoil's shareholders will hold 67.3% of the new company. Hydro's shareholders will receive 0


Success For Transas VTS In Taiwan

Transas Marine Pacific in cooperation with its Taiwanese agent, Seven Seas Electronic, has won an order for another Vessel Traffic Service (VTS) system in Taiwan. This order follows the first installation of a Navi-Traffic solution in the Port of Keelung in 1997. The tender was called, during the summer 2001, by Ho-Ping, which is a private port on the northeast coast of the country. Port construction works are nearing completion and the new port facilities will commence operating in


Sleek Design for Indonesian Tug

The team, composed of owner H. Darmansyah, naval architect Surjo Adji and yard manager Heri Nurcahyono, has built the Muji Rahayu Shipyard into a major player amongst Asian boat builders The yard is located near Samarinda in East Kalimantan, Indonesia.In mid-February they had more than 15 vessels nearing completion. But more than tugs ware under construction. The steel framework for huge covered areas was being assembled so that work could proceed more easily in the rainy season


BAE Lay Keel of British Astute-class Attack Submarine 'Agamemnon'

Keel laying Agamemnon: Photo credit MOD UK

The keel was put down in a ceremony at BAE Systems’ shipyard in Barrow-in-Furness attended by Defence Minister Philip Dunne, and came with the news that the first 2 of the 7 Astute Class submarines, HMS Astute & HMS Ambush, are nearing completion of their extensive sea trials and have been handed over to the Royal Navy to begin to prepare for operations. The seven Astute-Class submarines are being built for the Royal Navy to replace the Trafalgar-Class submarines and have


CP Ships Announces Management Appointments

Jeremy Masters has been appointed as the vice president for the CP Ships Limited business unit. He will report to Chief Operating Officer Frank Halliwell, and will be based in the United Kingdom. Masters joined Canada Maritime in 1984 and for the past years has been CP Ships Vice President responsible for the Asia Service Unit in Hong Kong, which provides sales, marketing and administrative support for CP Ships services in Asia.


Gladding-Hearn Builds New Pilot Boat for Delaware Pilots

Gladding-Hearn Shipbuilding, Duclos Corporation, is nearing completion of a second Chesapeake class pilot boat for the Delaware pilots. Delivery of the new 53-footer, Lewes, in March will mark the ninth pilot boat of this new class since 2002. Designed by C. Raymond Hunt & Associates, the new all-aluminum pilot boat measures 52.5 feet overall, with a 17-foot beam and 4.8-foot draft, and will have a top speed of 26 knots


ASL Marine Gowing Strong

Photo courtesy Cummins Marine

If there is a slowing in the marine industries no one told the people at ASL Marine in Singapore. Among other projects the shipyard is building a series of Roto Tugs, a series of large PSVs and a 196.8-ft dive support vessel.   In November ASL was nearing completion of another in their series of diesel-electric emergency vessels for the Danish firm Esvagt. These red boats are equipped with five Cummins KTA19D powered 485 kW generators.  


ACP Renews Partnership with Port of New Orleans

The Panama Canal Authority (ACP) and the Port of New Orleans renewed their strategic alliance yesterday with the signing of a Memorandum of Understanding (MOU). First initiated in 2003, the partnership aims to spur investment, increase trade and promote the “All-Water-Route” (the route from Asia to the U.S. East and Gulf Coasts via the Panama Canal). “Today’s ceremony reinforces a strategic collaboration with the Port of New Orleans


Port Metro Vancouver’s Re-opens to Inbound Containers Trucks

Port Metro Vancouver’s Re-opens to Inbound Containers Trucks

  Port Metro Vancouver has re-opened its Clark Drive access gate to inbound container trucks destined for the Centerm container terminal. Inbound access had been closed since 2010 due to unacceptable levels of congestion and traffic management issues along Clark Drive and on port property


Oceanographic R/V 'Sally Ride' Christened

Christening Sally Ride: Photo USN

Secretary of the Navy Ray Mabus named the 'R/V Sally Ride' to honor the memory of Sally Ride, a scientist, innovator and educator. Ride was the first American woman and the youngest person in space. She later served as director of NASA’s Office of Exploration as well as the California Space


Pskov Gas Carrier Construction Nears Completion

Photo courtesy of RS

On August 25, 2014, the naming ceremony for the Pskov high-tech liquefied natural gas (LNG) carrier was held at the South Korean shipyard STX Offshore & Shipbuilding. The ceremony was attended by Aleksander Medvedev, Deputy Chairman of the Gazprom Management Committee, Evgeniy Ambrosov


Significant Progress on Perth Wave Energy Project

Flood ballast tanks

  Wave energy developer Carnegie Wave Energy Limited has provided an update on the recent progress of the Perth Wave Energy Project. Carnegie has made significant progress on the assembly and testing stage of the Perth Wave Energy Project in advance of the project’s final


Incat Crowther Design 10-Boat IUV Order

Inshore Utility Vessel: Photo courtesy of Incat Crowther

Incat Crowther say they supported Strategic Marine in their winning technical proposal for the construction of ten 42m Infield Utility Vessels (IUV) for Brunei's PTAS Marine, and the first boat has now been delivered. Details as follows: Strategic Marine called in Incat to assist in their


First of 10 Utility Vessels Delivered

Photo: Incat Crowther

Incat Crowther announced the first deliveries of a 10-boat order for 42m Infield Utility Vessels to Brunei’s PTAS Marine. Developed in conjunction with builder Strategic Marine, the project called upon Incat Crowther’s track record in steel crew boats to meet strict performance criteria


New Orleans Cruise Terminal Upgrade Nearly Complete

Photo: Port of New Orleans

$2.3 million in renovations, expansions and upgrades are nearing completion at the Port of New Orleans’ Erato Street Cruise Terminal ahead of the arrival of the Port’s largest home-port cruise ship to date – the Carnival Dream.


GTT Training Center Announces First Course

GTT Training Center announces that registration is now open for the first training course to be run at the new center which will take place on June 23, 2014.  The course will be a LNG Cargo Operations Course for ships officers and will take place at its facilities in


Med Crude Urals Weaken on April Cargo Overhang

Russian Urals crude weakened on Thursday in a flurry of deals as traders rushed to place end-of-April cargos. Eni sold a cargo of Urals to Total in the Baltic at dated Brent minus $1.50 for April 20-24 delivery, some 20 cents weaker than previous price estimates


Otto Marine's Financial Health on the Mend

Michael See Kian Heng: Photo Otto Marine

Michael See Kian Heng, Group Executive Director of Singapore-based offshore vessel owners & shipbuilders Otto Marine, says that his company reported revenue of US$512.0 million in year 2013, an increase of 36.8% over US$374.4 million in 2012


BP Reports Q1 Results; Increases Dividend

BP Group Chief Executive Bob Dudley

  BP today announced its financial results for the first quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8


Wessex Exploration Plans Hague And London Oil Acquisition

  London-listed explorer Wessex Exploration has signed a heads of agreement to acquire Hague & London Oil (Halo) which holds a prospective asset in the Philippines. Consideration for the acquisition will be satisfied by the issue to the vendors of 241m ordinary shares in the company


Panama Canal Expansion: Unintended Consequences

Lock gate Panama delivery: Photo courtesy of APC

While airports, ports and GARVEEs are holding steady, according to several new Fitch Ratings reports, increasingly, state and local governments are realizing the benefits of risk transfer, cost certainty and asset preservation through public-private partnerships (P3).


Phillips 66 Marine Fueling Facility Nears Completion

Phillips 66’s previously announced marine over-the-water fueling facility at its Richmond, Calif. terminal is nearing completion. The facility, located on Canal Boulevard, and known as Pier No.12 in the Richmond Harbor, is scheduled to come online in early September 2014.


Canal Project Slows Panama Economy Growth

Photo: Panama Canal

Panama's economy expanded in May at its slowest pace since 2009 as major public works projects, including an expansion of the Panama Canal, slowed or wrapped up, dragging on the construction and mining sector. Panama's economy grew 1.71 percent in May compared to the same period a year earlier






 
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