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
On Friday, June 6, 2014, German shipyard NCP-Repair Shipyard Šibenik Ltd. joined the ICOMIA Superyacht Refit Group as its 11th member. The International Council of Marine Industry Associations’ (ICOMIA) Superyacht Refit Group represents quality refit, repair and maintenance yards. Working towards maintaining and improving global superyacht quality, the Refit Group follows professional working standards and specified environmental practices.
Washington State 144-car ferry Superstructure Chimacum to be built at Nichols Brothers Boat Builders Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) has been contracted by Vigor Industrial to construct the superstructure portion of the third Olympic Class 144-Car Washington
Shanghai Stock Exchange-listed COSCO Shipping Company Limited (COSCOL) says its profits shot up 491% year on year (y/y) to CNY193M ($31M) in 2014. Revenue improved 3% year-on-year. The results also boosted by government subsidies and benefitted from cost cutting measures
Golar LNG announced today that it has been awarded 2 time charters by Nigeria LNG Ltd ("NLNG") to employ the recently delivered Golar Frost and Golar Crystal. Employment of both vessels under these contracts will commence in January 2015 and will continue for a duration of
Seakeeper reported record growth in 2014, noting that it is poised to continue the momentum through 2015 Shipments of gyros increased 46% over 2013 as more boat manufacturers added Seakeeper as standard and optional equipment on new builds. A sizable portion of its sales also came from refits
Canada’s Shea announces a $1.8 million contract for Tignish Harbor; contract awarded to Gaudette's Transit Mix Ltd. The Government of Canada has awarded a $1.8 million contract through a public tendering process to Gaudette’s Transit Mix Ltd
Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for one of its Capesize dry bulk vessels, the m/v Houston. The gross charter rate is $12
Netherlands-based cargo handling innovator CargoFlexX BV has secured a contract to deliver six dry bulk handling systems to the Gulf of Mexico. The dry bulk handling systems will be installed on-board the new SOLAS OSVs under construction for SEACOR Marine LLC’s new building
Star Bulk Carriers Corp. announced today that it plans to make an underwritten public offering of its common stock. The Company intends to use the net proceeds from the offering for its new building program and general corporate purposes.
Diana Shipping Inc. announces delivery of the newly built Capesize Dry Bulk Carrier m/v Santa Barbara; time charter contracts for m/v Polymnia with Vroon and m/v Danae with Glencore Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary
Lamprell published a trading update ahead of its results for the year ending December 31, 2014, stating it has delivered a robust operational and financial performance in 2014 as a result of strong project execution, favorable phasing of rig construction cycles and some one-off elements.
Rolls-Royce has been selected by the Alaska Department of Transportation and Public Facilities, via its Alaska Marine Highway System, and Vigor Industrial, to provide a highly efficient propulsion system for its future Alaska Class ferries that will be built by Vigor Shipyards in Ketchikan, Alaska
The new Alaska Marine Highway System ferries, to be built by Vigor Industrial, will feature Rolls-Royce propulsion systems. Rolls-Royce has been selected by the Alaska Department of Transportation and Public Facilities, via its Alaska Marine Highway System, and Vigor Industrial
IMO Secretary-General launches 2015 World Maritime Day theme: “Maritime education and training” at World Maritime University International Maritime Organization (IMO) Secretary-General Koji Sekimizu has launched this year’s World Maritime Day theme
Rolls-Royce has been selected by the Alaska Department of Transportation and Public Facilities, via its Alaska Marine Highway System, and Vigor Industrial, to provide a highly efficient propulsion system for its future Alaska Class ferries that will be built by Vigor Shipyards in Ketchikan
EFC Group has completed a $2.2million contract to design and build a BOP and diverter control system for China-based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore). The system is installed onboard DSIC’s newbuild jack-up drilling rig