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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 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


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


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


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).


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


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)


Oil Marketer Says Africa Needs to Refine its Oil

Ethiopia's leading private oil marketer plans to expand into neighboring east African economies and is interested in part financing a refinery after commercial discoveries in the region.   Tadesse Tilahun, CEO of National Oil Ethiopia


OSI to Upgrade Canadian Navy Software

HMCS Toronto in the Arabian Gulf. Credit: Colin Kelley

OSI Maritime Systems Signs Contract with the Royal Canadian Navy to Provide In-Service-Support and an Upgrade to the Most Advanced ECPINS-W Sub 6.0 OSI Maritime Systems announced that it has signed a contract to provide in-service-support for its ECPINS-W Sub software - ECPINS is the only ECDIS


Ice Hurts March’s Lakes Ore Shipments

Photo by Ben McClain

Massive, thick ice formations on the Great Lakes limited iron ore shipments in March to 1.1 million tons, a decrease of 43 percent compared to a year ago, the Lake Carriers’ Association (LCA) said in a news release. Shipments from U.S. Great Lakes ports fell even more, 52 percent.


Damen Lays Keel for Indonesian Naval Frigate

Photo: Damen

In accordance with the agreed planning in the contract for the construction of a Damen SIGMA Frigate for the Indonesian Navy, the keel laying ceremony has taken place on April 16, 2014 at the PT PAL (Persero) Shipyard in Surabaya, Indonesia. The construction of the four modules that are going to


Coast Guard Foundation to Tribute USCG Spouses

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that its 21st Annual Tribute to the United States Coast Guard Eighth District will take place on Friday, March 14, 2014 in New Orleans


Seafarers Gain ILO Minimum Wage Increase

Photo CCL 3

ITF representatives met with maritime employer representatives from the International Shipping Federation (ISF) at the ILO recently for discussions. The sub-committee on wages of seafarers of the joint maritime commission agreed to increase the ILO monthly minimum wage from USD585 to USD592


Marine Pilot Training Partnership Announced

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BMT Consultants India (BMT), an international maritime design, engineering and risk management consultancy, announced a partnership with Bibby Ship Management to deliver training for marine pilots. Based at Bibby’s state of the art training center at St Xavier’s Technical Institute in


Six Rescued from Engine-troubled Speedboat

The Philippine Coast Guard reported that three Filipino and three foreign nationals were rescued by the after their speedboat encountered engine trouble on the waters of Barangay Bitaogon, Surigao City, March 4. The passengers, of Filipino, Canadian and Swedish nationalities


Focus Maritime to Promote Port of Halifax across Europe

Graham Fraser

Liverpool-based maritime advisory firm and consultancy Focus Maritime (North West) Limited has been appointed to promote Canada's Halifax Port Authority across Europe. The move by the Nova Scotia-based authority is aimed at strengthening its presence across the continent and sees


Fugro Upgrades Electric ROV Simulators

Seaeye Tiger performing CP inspection

Fugro announced it is launching an important upgrade to its Electric ROV pilot training simulators. Most observation-class ROVs and many light work-class ROVs are electrical-based systems. With the introduction of a new electric ROV control pod and suite of electric ROV specific components


Navy's Efforts Focus on A-P Region & Arabian Gulf Says CNO

ADM Greenert at the Hearing: USN Photo

By operating from forward locations, the Navy and Marine Corps provide President Barack Obama with options to deal promptly with global contingencies, Navy Adm. Jonathan W. Greenert, the chief of naval operations (CNO) explained during a hearing of the House Appropriations Committee's defense


Royal Australian Navy Chairs Indian Ocean Symposium

IONS: Photo credit RAN

The Royal Australian Navy is currently chairing the group of world navies whose nations share boundaries with the Indian Ocean at he biennial Indian Ocean Naval Symposium (IONS) which was established in 2008 as a forum to increase maritime cooperation among the littoral states of the Indian Ocean


Silver Discoverer Embarks on Inaugural Voyage

Photo courtesy of Silversea

Silver Discoverer, Silversea's latest addition to its award-winning expedition fleet, welcomes her first guests today, exactly 20 years to the day since the company launched its first ultra-luxury cruise ship. Setting sail at 4:30 p.m. on her inaugural voyage from the port city of Broome


DNV GL Introduces Energy Efficiency Methodology

Photo courtesy of DNV GL

DNV GL presents a novel approach that overcomes challenges of assessing on board energy efficiency in a consistent manner. As a result, priorities for improvement can be determined accurately. In a new report released, DNV GL answers the question: How can a ship manager identify the biggest


KONGSBERG to deliver C4I CORTEX for the Combatant Craft Medium Mark One

KONGSBERG C4I CORTEX

 KONGSBERG will provide the C4I infrastructure solution for the CCM Mk 1 production contract, awarded to Oregon Iron Works,    Inc. (OIW) in Clackamas, OR on February 10th, 2014.       KONGSBERG will provide their C4I CORTEX system to fulfill the requirements of


 
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