Wärtsilä celebrates the inauguration of new office and workshop premises in Hirtshals, Denmark. Over the past year Wärtsilä has invested almost $2.6m in the new building. The office in Hirtshals offers a complete range of services for power plant and ship power sales.The new building has 1200 m2 of office space and a further 400 m2 reserved for the workshop and warehouse. Wärtsilä also has offices in Arden and in Copenhagen in Denmark.
Tidewater Inc. signed contracts to build a total of 12 new vessels for $305 million, electing to build eight vessels at two Far East shipyards and four at its subsidiary, Quality Shipyard L.L.C. The $305 million in new build commitments - which fulfills its January 2000-announced plan to spend $300 million upgrading its fleet - falls on the heels of Tidewater's recent purchase of eight similar vessels from The Sanko Steamship Co., Ltd.
According to a report from Emirates Business 24/7, existing new-build programs in the tanker sector of the shipping industry are expected to go ahead with no fear of cancellations despite the current slowdown in the industry's performance, said a senior executive. While ship orders in other sectors have suffered from unprecedented cancellations due to financial constraints, the relatively stronger position of the tanker sector has helped to prevent a similar trend.
Ship Equip announced a contract with Varada Marine to install its SEVSAT (Ship Equip VSAT) maritime broadband solution on the company’s entire fleet of Offshore Supply Vessels. Varada Marine, a company with its head office in Kristiansand, Norway, has announced an extensive new building program at ABG Shipyard Ltd in India. Deliveries of SEVSAT systems will commence in step with the new building program, with the first system already delivered to the yard.
U.K based Marine Software Ltd have recently supplied Brooklyn Shipping, a SeaHold GEOSHIPS Group Company with MPM - Marine Planned Maintenance , MSK - Marine Storekeeper and the MPS – Marine Purchasing system for their latest new build Vessel "Loch Erisort" (DWT 2,900) and their Aberdeen Office. Built in the Tebma Shipyard, India, this Wartsila VS 470 MPOVMk III design vessel is initially intended for Far East operations working within the ROV and renewables markets
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the container industry is expected to take delivery of record volumes of TEU capacity this year, the order book to trading ratio has eroded to approximately 20% in June 2013. Jonathan Roach, Container Market Analyst at Braemar Seascope, said, “With more than 1
AVEVA announced that the Dragon Offshore Industries LLC (Part of QGM Group), Hamriyah free zone port, Sharjah, has selected AVEVA’s Marine Solution to use throughout all project lifecycles from estimation, through initial and detailed design, to the fabrication and final assembly. QGM Group was formed initially to provide engineering and turnkey construction and project Management services to the oil and gas sector, operators and contracting companies
Dockwise announced its second project for the new-build vessel Dockwise Vanguard. Directly following the transportation of the Jack & St. Malo platform to the Gulf of Mexico in 2013, the Dockwise Vanguard will return to Korea to load and transport the Goliat floating, production, storage and offloading vessel [FPSO] to northern Norway. The investment decision for the construction of the Dockwise Vanguard has facilitated technical optimization of the production platform
Greece's Danaos Corporation has completed its new-building program with the delivery of a fifth & final 13,100 TEU vessel Danaos Corporation, containership owners, announced that on June 29, 2012, it took delivery of its fifth and final 13,100 containership, the HYUNDAI AMBITION, expanding its operational fleet to a total of 64 containerships aggregating 363,049 TEU. The HYUNDAI AMBITION, built at Hyundai Samho Heavy Industries Co
Diana Shipping Inc. Announces Signing and Drawdown of a US$18 Million Term Loan Facility With Commonwealth Bank of Australia; Announces Time Charter Contract for m/v Crystalia With Glencore. Diana Shipping has announced that it has completed a drawdown of US$18 million, through two separate wholly-owned subsidiaries, under a term loan facility it has signed for up to US$18 million with Commonwealth Bank of Australia
The Federal Maritime and Hydrographic Agency of Germany (Bundesamt für Seeschifffahrt und Hydrographie- BSH) has granted type approval for the SeaCURE Ballast Water Management System. The SeaCURE system is now a product of Evoqua Water Technologies, formerly Siemens Water Technologies.
Reuters - Transocean Ltd, owner of the world's largest offshore drilling fleet, said it could take up to 18-24 months for demand to recover as customers delay drilling programs. Demand for offshore rigs is tapering as major oil companies trim exploration and production budgets in the face of
ASRY, a ship and rig repair yard in the Arabian Gulf, recently saw six vessels under repair simultaneously on its dual slipways in a sign that the yard’s small and medium sized vessel repair business continues to flourish since the opening of the its state-of-the-art slipways.
The Port of Erie is located on the southeast shore of Lake Erie in a natural bay formed and sheltered by Presque Isle peninsula. Its harbor entrance channel is narrow and 29 feet deep. Dredging is a constant concern. In fact, dredging of harbors around the Great Lakes has been a hot button issue
The company says it has installed 330 employees in a new building which will be the main headquarters for the Group's Oil & Gas business area in addition to accommodating some of the Group's defence activities. According to the cluster organisation 'Subsea Valley'
Drydocks World, international service provider to the maritime, oil and gas and energy sectors, signed an Agreement with Drill One Capital for building the “Dubai Expo 2020 NS” mega jack-up rig. Gusto MSC, a major partner in the project
During a ceremony in Bremerhaven, Norwegian Cruise Line took delivery of the 145,655 gross ton cruise ship Norwegian Getaway from Meyer Werft after a building period of only 15 months. The ship, the second of two Breakaway Class ships, is being delivered just nine months after the launch of
Monday, January 13 witnessed the official opening ceremony of Damen Shipyards Sharjah FZE – the newest shipyard of Albwardy Marine Engineering. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will continue along the tried and
Sonardyne International Ltd.’s Ranger 2 acoustic positioning technology has been selected by marine navigation systems group, Transas, for use on two new build ice-class multipurpose salvage vessels (MPSVs, the project is developed by Marine Engineering Bureau) commissioned by the Russian
Vigor Fab has been awarded a contract by Tidewater Barge Lines of Vancouver, Wash, to construct 3 new tugboats. Construction of the first tug will start on Jan. 24, 2014, with the keel laying (the formal recognition of the start of a ship’s construction) at Vigor’s facility in
Huisman, a worldwide specialist in lifting, drilling and subsea solutions, currently has five new built pipelay systems out on the quayside of their production facility in Schiedam, The Netherlands. These “high five” showcase the latest in pipelay technology and underline the added
The Canadian Ferry Operators Association (CFOA) has said it welcomed Prime Minister Harper’s announcement of the framework for the New Building Canada Plan (NBCP). Details were also released on the New Building Canada Fund (NBCF)
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it took delivery of the newly built m/v Crystalia, an Ice Class Panamax dry bulk vessel of 77,525 dwt that was contracted in March 2012.
Kongsberg Maritime has delivered its 50th HAIN (Hydro Acoustic aided Inertial Navigation) Reference System, to long-time HAIN user, Ocean Rig. HAIN significantly improves reference data accuracy and update rate sent to Dynamic Positioning (DP) systems to support safer
Reutrs - Australian marine logistics firm Mermaid Marine Australia Ltd. said on Tuesday it had agreed to buy the offshore businesses of Singapore's Jaya Holdings Ltd. for $495.96 million in cash to expand its international portfolio. Mermaid Marine