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Arlington Tankers Announces New Sub-Charter

Arlington Tankers Ltd. announced that Concordia Maritime AB of Sweden (Concordia) has entered into new two-year sub-charter agreements for Arlington's two V-Max tankers, the Stena Vision and Stena Victory. Concordia is the current time charterer for both vessels through 2009. The vessels are currently sub-chartered to Sun Oil International (Sun). The sub-charters with Sun are due to expire during 2007. The new sub-charter agreements are with Litasco, a subsidiary of the Russian energy company LukOil OAO, and will commence immediately upon expiration of the sub-charters with Sun and continue for a two-year term. During the term of these sub-charters, Arlington will continue to earn the guaranteed daily base charter hire from Concordia, which provides for a minimum of $36,075 per day per vessel in 2007, $36,882 per day in 2008, and $37,316 per day in 2009. In addition, under the profit sharing agreement between Concordia and Arlington, these new sub-charter agreements are expected to result in additional hire of approximately $4,000 per day per vessel during the term of the new sub-charters with Litasco, as compared to the current additional hire of $3,400 per day per vessel under the Sun sub-charters.


Japanese Submarine to Join Australia's Navy in Military Drill

Soryu-class submarine. Photo: Japan Maritime Self-Defense Force

 Soryu-class JS Hakuryu and two warfare destroyers will work with Australian ships near Jervis Bay as part of bilateral exercises, reports AAP.   The 4,000-ton Soryu-class stealth submarine JS Hakuryu, outfitted with a new lithium-ion battery propulsion system, will be joined by two JMSDF destroyers and two helicopters during the training exercise aimed to  “foster collaboration” and “improve tactical skills


Shipbuilding and Repair Presence Primorye

Far Eastern Center for Shipbuilding and Shiprepairing is being created in Primorye. The Primorsky Territory Administration hosted a meeting dedicated to this new center. RF President Aide Alexander Burutin and Primorye Vice-Governor Pavel Popov took part in the meeting dedicated to creation of OJSC, which was held in the Primorsky Territory Administration. As the Administration reports, this open joint-stock company (OJSC) will be a sub-holding within the United Shipbuilding


IMO Secretary-General Expresses Sadness at Tanzania Ferry Disaster

IMO_Logo.jpg

The Secretary-General of the International Maritime Organization (IMO), Efthimios E. Mitropoulos, has expressed his profound sadness for the loss of life in the sinking of the ro-ro ferry Spice Islander I off the coast of the United Republic of Tanzania on 10 September.    “We are shocked at the number of lives lost and have offered any help and technical assistance which may be required,” Mr. Mitropoulos said


Eastern Shipbuilding Delivers HARVEY DEEP-SEA

HARVEY DEEP-SEA

Eastern Shipbuilding Group, Inc. announced the delivery of the M/V HARVEY DEEP-SEA, the fourth of its Tiger Shark Class Offshore Support Vessels constructed for Harvey Gulf International Marine, LLC of New Orleans, LA.   The HARVEY DEEP-SEA was delivered July 19, 2013.  The vessel was launched at Eastern’s Allanton Facility in mid-December of last year.  The HARVEY DEEP-SEA is Eastern’s second Multi-Purpose Light Construction Vessel (LCV) for Harvey Gulf


Sub M 90 Program Underway

Dean Shoultz, MarineCFO Chief Technology Officer

MarineCFO Offers Vessel365 & Homeport365. Industry technology services provider, MarineCFO, has announced the “Sub M 90” Program commencing February 25, 2016 and terminating June 22, 2016. According to Tug & Barge Solutions, a Sub M consultant and MarineCFO partner, the Office of Management & Budget (OMB) received the Final Rule version of Sub Chapter M from United States Coast Guard on February 12, 2016


Second Acquisition for Triton Group Underlines Growth Strategy

Triton Group announced has acquired Sub-Atlantic Limited. Triton Group is backed by Houston-based private equity company, SCF Partners and supported by Royal Bank of Scotland (RBS). Formed earlier this year, Triton Group aims to create a group of companies focused on providing state-of-the-art remote intervention and control technologies and services. This deal comes hot on the heels of the group’s acquisition of Perry Slingsby Systems (PSS).


Naval Architecture: The Future is Now Forget Gas & Diesel ... Break Out the Limbs!

The David Taylor Model Basin was homeport for some curious looking contraptions recently, human powered submarines, which were designed and built by perhaps the next generation of naval architects and marine engineers. John Hussey reports. High-tech met low-tech, and college engineers competed against standout high school students in the seventh running of the International Submarine Races, the biennial human-powered engineering design competition completed at the world's largest indoor


Ocean Offshore's 'Island Pioneer' Chartered

SCV Island Pioneer: Photo courtesy of Island Offshore

Island Offshore has agreed a new 2-year contract for the SCV Island Pioneer with Ocean Mexicana SA de CV. The sub-sea construction vessel (SCV) has been working for OM since delivery in April 2006 and the new contract will run in direct continuation with the current contract. Island Pioneer is of P101 Ulstein Design and is equipped with DP II, a 140 ton offshore crane and accommodation for 87 persons. The vessel will perform a variety of subsea and light construction work during this


Terex to Automate Ports of Auckland's Straddle Carrier Fleet

Terex Port Solutions is supplying an automated solution with straddle carriers for the first time. 27 fully automated Terex N SC 644 E straddle carriers will be shipped to Auckland by mid-2019. They will be used in New Zealand to manage the container stackyard and for serving trucks. The picture shows an artist’s impression of automated straddle carriers of the same size.

Terex Port Solutions (TPS) is for the first time automating a straddle carrier fleet for Ports of Auckland Ltd. (POAL) from New Zealand. By mid-2019, TPS will supply a total of 27 new, fully automated N SC 644 E (1-over-3) machines to work in the container stackyard and to serve trucks. At the same time, 21 existing manual straddle carriers are being upgraded so that they can work hand in hand with the 27 fully automated machines


Higher Profits for MISC

Photo:  MISC Berhad

 Liquefied natural gas (LNG) shipping company has released its financial results for the year ended 31st December 2016 which show Group revenue for the quarter and the year were low than the corresponding periods for 2015.   Group profit before tax for the quarter ended 31st December


Ship Design and Construction Matters

Photo: International Maritime Organization (IMO)

 ​The Sub-Committee on Ship Design and Construction (SDC) meets for its fourth session this week (13-17 February).    Key topics on the agenda include the expected finalization of draft explanatory notes to the SOLAS chapter II-1 subdivision and damage stability regulations and


1-Stop, Bestshore Team-up for European entry

VBS-By matching terminal resources to landside demand, the 1-Stop VBS effectively maximises supply chain efficiency resulting in productivity gains to both container terminals and the container industry Photo  1-Stop

1-Stop Connections (1-Stop) and Bestshore Business Solutions UK Ltd (Bestshore) announce a new strategic alliance to bring their productivity solutions to the European and Indian-sub continent port community.   Through the partnership with Bestshore


HAROPA ports Road Shows in Indian cities

HAROPA - Ports of Le Havre, Rouen and Paris to connect India with European markets Photo HAROPA

In a bid to raise the maritime container trade between French port HAROPA and Indian ports, a power-packed delegation is visiting India from February 20-23 to hold road shows in four cities across the country. During the visit, the delegation led by Mr Herve Martel


Russian Navy to Get Two Subs

Photo: US Naval Institute

 In recent years, Russia has been putting many efforts in building a modern-day nuclear submarine fleet.   The Russian Navy expects to receive the Project 955A nuclear submarine Prince Vladimir and the Project 885M Yasen-M nuclear-powered underwater cruiser Kazan in 2017


Africa in focus at Nor-Shipping 2017

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African economies are growing, and becoming more connected to the world economy than ever before. Still, many companies have not discovered the great business opportunities on offer in Africa. In 2017, Nor-Shipping, one of the world’s leading maritime events, will put Africa on the agenda


2016 Liner Market Review

Table: Clarksons Research

 After another year of extremely difficult market conditions, many would forgive liner sector players for an air of resignation, according to Clarksons Research.   However, despite a challenging freight market, charter rates remaining firmly in the doldrums and a major corporate


0.5% Sulphur Cap Implementation on Agenda

Pic: International Maritime Organization (IMO)

 Work to support the smooth and effective implementation of the 0.5% m/m global sulphur cap on fuel oil used by ships will be a main focus for the Sub-Committee on Pollution Prevention and Response (PPR), 4th session, which meets this week (16-20 January).   


Keppel Shuts Down Three Yards in Singapore

Photo: Keppel Offshore & Marine

 Keppel Corp, the world's biggest oil rig builder, is still hard hit by the downturn in the oil industry and will now shut down three yards in its homeland.   Singapore-based offshore company Keppel reduced its direct work force by about one third


Specialist Man Overboard & Fast Craft Injury Prevention Workshops

Man Overboard Workshop - RS & WBV Workshop - 25 & 26 April 2017.jpg

A unique program of two one-day events for the sub IMO / sub 80 feet professional sector will be held ‘back to back’ in Southampton, U.K. on April  25 and 26, 2017. The fast moving workshop style program brings together an international group of experts armed with the latest


IMO Accepts IMCA Paper as Basis for Updating DP Guidelines

John Bradshaw, IMCA’s Policy and Regulatory Affairs Manager, and Eleni Antoniadou IMCA’s Policy and Regulatory Affairs Adviser appear on a screen at the IMO Sub-Committee on Human Element, Training and Watchkekeping (HTW4) (Photo: IMCA)

The International Maritime Organization (IMO) has agreed to continue using the International Marine Contractors Association (IMCA) document covering the Guidelines for Training and Experience of Key DP Personnel as the basis of the IMO Guidelines for Dynamic Positioning System (DP) Operator


Norway to Buy Submarines from Germany

HDW Class 212A Sub. Photo: ThyssenKrupp Marine Systems GmbH

 Norway plans to buy four submarines and Germany two in a bid to strengthen strategic partnership, says a report in Reuters.   Defence Minister Ine Eriksen Soreide confirmed that the the government plans to invest in four new subs from Thyssenkrupp (TKMS).   


GE Introduces SeaLyte

Photo: GE

GE’s Marine Solutions brings the latest technology in vessel control and dynamic positioning (DP) systems, SeaLyte. The new solution complements GE’s bespoke SeaStream solutions, providing a structured and standardized package to better serve customers with smaller vessels for offshore


Ro-ro Vessel Fires: Risks and Recommendations

Norman Atlantic (Photo: EMSA)

As vessel fires have become more prevalent in the car/ro-ro passenger segment, the International Union of Marine Insurance (IUMI) examines these occurrences as the group voices its concerns and puts forward recommendations to mitigate the risks.  


Ship Breaking Hazardous Waste Disposed off Safely at Alang Yard

File Photo: A.P. Moller - Maersk

 All the hazardous waste generated in ship recycling at Alang are being disposed off in safe and environmentally sound manner in Gujarat Pollution Control Board authorized Treatment, Storage and Disposal Facility (TSDF) site operated by Gujarat Maritime Board.   






 
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