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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.


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


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).


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


IMO Secretary General William O'Neil Addresses Bulk Carrier Safety

IMO Secretary, General William O'Neil, has highlighted the need for widespread and concerted efforts to improve bulk carrier safety. Speaking at the opening of the 45th session of the IMO Sub-Committee on Ship Design and Equipment (DE) O'Neil said, "Bulk Carrier Safety has been a priority on our agenda for over ten years now and, while certain improvements have been introduced, the work has not been finalized, as we are regrettably reminded from time to time by the continuing loss of bulkers


USS Miami Fire Damage Extent Not Clear Yet

 Portsmouth Naval Shipyard workers have pumped fresh air into the fire-damaged sub, allowing Navy investigators to begin the first damage assessment The fire aboard Miami damaged the torpedo room, crew quarters and command and control areas in the fore part of the submarine, but the nuclear propulsion components in the after part of the sub were not harmed. Vice Adm. Kevin M. McCoy, commander of the Naval Sea Systems Command, told Sen


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


Petrobras Finds New Oil in Offshore Florim, Lara Fields

Reuters - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday that it had discovered new, good-quality oil deposits in the so-called sub-salt region. Petrobras, said the discovery was made in the Florim and Iara fields in the offshore Santos basin. Petrobras expects to continue exploration around the two wells until September. (Reporting by Paulo Prada. Editing by Andre Grenon)


All American Marine Delivers Ferry to Seattle

   The maiden voyage of the MV Sally Fox (photo courtesy of All American Marine)

All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.    The vessel, MV Sally Fox, was dedicated at a ceremony on Vashon Island on Saturday. The Sally Fox is the first of two new ferries ordered by King County’s


VIKING LifeCraft Presented at IMO

    The VIKING LifeCraft (Image courtesy of VIKING)

  This week, VIKING Life-Saving Equipment took a step towards gaining approval for the VIKING LifeCraft, its alternative life-saving appliance (LSA) for passenger ships.   The concept was presented to the International Maritime Organization’s Sub-Committee on Ships Systems and


IMCA DP Proposal to be Basis for Updating IMO Guidelines

Jane Bugler (Photo: IMCA)

The International Maritime Organization (IMO) has agreed to use the International Marine Contractors Association (IMCA) proposals as the basis for the review of the IMO Guidelines for vessels with dynamic positioning (DP) systems (MSC/Circ.645).


Powerful Submarines Join Israel’s Navy

The new Tanin (Crocodile) submarine en route to Israel from Germany. Image by Israel Defense Forces

 The Israel Navy’s fourth submarine, the ISS Tanin (Crocodile), is expected to become fully operational in a few weeks and participate in naval operations.   The nuclear-capable submarine boasts an array of sophisticated weaponry


Thailand Eyes Submarine Fleet

Photo: Naval Secretariat Department, Royal Thai Navy

 Royal Thai Navy (RTN)'s plan to buy submarines is on again with strong backing from Defence Minister Prawit Wongsuwon who wants Thailand’s fleet to be on par with neighbouring countries.    Defence minister Prawit Wongsuwon was quoted as saying by Bangkok Post on Wednesday


Submerged Politics in Aussie's $39 bln Submarine Plan

Landing Helicopter Dock NUSHIP Canberra: Royal Australian Navy

 Australian government plans to spend 50 billion Australian dollars (US$39.39 billion) on powerful new submarines, has become a political football at home, reports Reuters.   The opposition said it wanted to invite Sweden to join Germany


3D-Simulator Generates Training, Expertise on Subs

Sailors train on a new diesel generator simulator during a project review at Naval Air Warfare Center Training Systems Division in Orlando, Fla. The simulator, which uses high-fidelity 3D software. Pic by USN

  A new diesel generator simulator has been delivered to Pearl Harbor naval facilities by the TechSolutions program at the Office of Naval Research (ONR), officials at ONR announced March 18. High-fidelity 3D software will allow Sailors to use 50-inch touch screens to see and access all


It's Official: Sweden Boosts Submarine Fleet

Kockums A26 - picture by SAAB AB

 Sweden has given a long-awaited green light to the planned procurement of two new-generation A26 submarines from Saab Kockums.   Sweden's official announcement ordering two new submarines to boost its armed forces, months after a futile hunt for a suspected Russian mini-sub in the


Sweden Orders New Submarines

A26 submarines: Picture by SAAB AB

 Sweden is to buy two new submarines from constructors Saab Kockums. The A26 subs are to be delivered by 2022 and will cost up to SEK 8.2 billion ($945 million).   "This is the biggest single decision when it comes to economic investments that we will make during this parliament


Inside The New US Maritime Strategy

Photo: United States Navy

  The US Navy, Marine Corps, and Coast Guard have revised America's maritime strategy to add "all domain access" to its traditional sea-based defense functions, a Navy report says.    "This [all domain access] function assures appropriate freedom of action in any


Modi's Indian Ocean Outreach to Keep Chinese Submarines at Bay

Modi outreach Indian Ocean (Pic by Narendra Modis Website)

 As the Indian Ocean theatre becomes an increasing site of global contestation, Indian Prime Minister Narendra Modi heads to three small neighboring Indian Ocean nations Tuesday to deepen India’s maritime security. Modi is to visit Seychelles, Mauritius and Sri Lanka.   


Flight MH370: Latest Fugro AUV Joins the Hunt

Fugro’s new Echo Surveyor VII AUV holds the record for the deepest Hugin AUV dive. (Photo: Fugro)

Fugro took delivery of the Hugin 1000 Autonomous Underwater Vehicle (AUV), the Echo Surveyor VII, in December 2014. Depth rated to 4,500 metres, the new AUV now holds the record for the deepest Hugin AUV dive, surveying in water depths surpassing 4,200 m.


Russia Builds Nuclear Submarine "Arkhangelsk"

Image by Sevmash shipyard

 Russia’s Sevmash shipyard will hold a groundbreaking ceremony for its next generation Project fifth Yasen-M multirole nuclear submarine, the Arkhangelsk, on March 19.   The Yasen-class subs are touted as the most advanced nuclear-powered multipurpose underwater craft in the


Canadian Submarines Ready to Hit the Sea

Photo credit: Royal Canadian Navy

 For the first time since they were purchased in 1998, the Royal Canadian Navy has reached a stage where three of its four diesel-electric submarines are now shipshape and available for operations.   Canada's Navy is marking what it calls a milestone for its controversy-plagued


CMA CGM Launches West Africa Logistics Hub

Picture by the CMA CGM Group

 French maritime transporter CMA CGM has opened a logistics complex, between the port and city of Douala, Cameroon, and set up a new firm to handle inland transportation in West African markets.   Christened 3CTC (CMA CGM Cameroon Container Terminal)






 
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