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Fairplay Research Report 5-Year Forcasts

The latest Shipbuilding Market Forecast, published by Lloyd’s Register - Fairplay Research, predicts continued modest-but-steady growth for the passenger ship sector over the next five years. The monthly research report provides detailed analysis and forecasts covering all sectors of the passenger ship market, including passenger and cargo ferries, cruise ships and large private yachts. “The projected falloff in newbuildings for passenger ships is relatively small compared to other sectors of the shipping industry,” observed Niklas Bengtsson, report co-author. “This is because the passenger ship sector largely escaped the ordering frenzy of the last few years. The supply-and-demand environment for passenger vessels is different than for other sectors, which are now suffering from severe overcapacity.” The largest sector in this group is ferries, with a total fleet size of 6,316 ships as of May 2009. They are roughly divided 50-50 between passenger-only vessels, and those carrying passengers as well as rolling cargo (generally referred to as “ro-pax” in the maritime industry). The annual growth rate of 0.5 percent over the past five years will slow very slightly to 0.4 percent during the next five years, according to the report. That translates into a total of 518 new ships being delivered by shipyards through 2013, down from 637 in the previous five years.

New Low-Cost Marine Thermal Camera

Image courtesy of SPI

SPI Corp's Marine PTZ Thermal Camera combines multiple sensors into a compact and affordable imaging platform for ocean and freshwater vessels SPI's latest introduction to the market is a low cost Marine PTZ thermal camera for vessels of all sizes. The SPI CORP M1-D Thermal Marine PTZ is said to be the first to combine multiple sensor technologies into a small lightweight all weather system. The M1-D Marine PTZ features a high-resolution thermal camera

Maritime Training Academy Announces Diploma in Maritime Security

  The Maritime Training Academy announced the launch of its new diploma in maritime security today.   The Surrey, UK-based distance learning center said the diploma in maritime security will commence April 1st, 2015 and will consist of 11 modules including ISPS code, Passenger Vessel Security, Superyacht and Private Yacht Security.  It will cover preventative measures and security procedures as well as event responses

Windstar Cruises Completes Fleet Renovation

Photo credit Windstar Cruises

The small-ship luxury cruise line finishes its US$18million refurbishment program on all three of its sailing yachts. With the completion of Wind Spirit's dry dock  Windstar Cruises' $18 million fleet-wide renovation project is now finished. The project, which began in December of 2011, encompassed all three sailing yachts in a stem-to-stern renovation that enhanced public spaces, dining venues, staterooms and suites, as well as new sails.

Maritime Cook Islands Expands Network to India

  Maritime Cook Islands (“MCI”), the leading ship registry, has recently established its presence in India with the appointment of two deputy registrars (“DR”), Mr Faust Pinto Jr and Ms Fereshte D Sethna, to serve the growing yacht owning community in the Indian markets. Mr Faust Pinto Jr and Ms Fereshte D Sethnaare both based in Mumbai and are well-known by their industry peers in the shipping industry

New Vessel AIS Trasceiver by Koden

Photo credit Koden

Koden introduce its new Automatic Identification System (AIS) transceiver, combining AIS transponder unit with hi-contrast LCD display New for 2012, Koden has introduced the KAT-100 Class A Automatic Identification System (AIS) transceiver, combining an AIS transponder unit with a high-contrast LCD display featuring rotary control knobs for quick data selection and entry via the keypad. Koden say its new IMO Wheelmarked KAT-100 Class A AIS is an ideal solution for SOLAS and sub-SOLAS class

Diver Threat Detection Sonar Order for DSIT

DSIT Solutions Ltd gets order for its PointShield™ Portable Diver Detection Sonar (PDDS) system. The PointShield™ PDDS is specifically designed to provide underwater protection for navy ships, private yachts and commercial vessels. (The PointShield™ may also be operated using a fixed installation). The Ministry of Defense of one of the world's largest countries placed the order. The order originated following an evaluation of several competing systems and a tender

New Videoconferencing Kits Offer Medical Lifeline

Image: DigiGone

DigiGone, a communication solution provider specializing in secure video transmission, introduced its new remote telemedicine kits for marine, aviation and land-based applications. Based on DigiGone’s proprietary SecureChat video encryption and compression software, the new DigiMed kits provide real-time teleconferencing with emergency medical service professionals using satellite or terrestrial wireless links, enabling a face-to-face consult between patient and doctor.

New Vessel Deliveries

Seacraft Shipyard Delivers Private Yacht Seacraft Shipyard Corp., Amelia, La., recently delivered M/V Sea Holly, a 110 ft. live-aboard long range yacht, designed for extended excursions. The entire exterior of the vessel was faired and painted to a yacht-quality finish and the bottom of the vessel was coated with a high-performance anti-fouling paint. On the aft main deck are a flat bottom skiff and a vee bottom runabout, both of which are secured on removable boat cradles

Huge Yacht Carrier Headed for South Pacific

DYT Yacht Transport’s largest semi-submersible ship, Yacht Express, will make its first trip to Sydney, Australia. (Photo credit: Onne van der Wal)

New policies making it easier for foreign-flagged vessels to explore the coastlines of Australia have lead DYT Yacht Transport (DYT) to schedule its largest semi-submersible yacht carrier, the 686-foot (209-metre) Yacht Express, to deliver yachts to the South Pacific. The trip coordinates with the end of the Mediterranean charter season, starting in Genoa (Italy) in November to accommodate private luxury yachts and charter vessels departing from the Mediterranean Sea

Mega Yacht Shipped from Lavrion to Dubai

(Photo: Rickmers-Linie)

In early October, cargo vessel MV Rickmers Dalian made a stop-over at the anchorage off Lavrion in Greece to load a mega yacht for shipment to Dubai, where she was discharged on October 19.   The shipment of the 50-meter-long, 340-metric-ton yacht was coordinated and booked by

Post-Brexit, Lawmakers Call for Royal Yacht's Return

(Photo: The Royal Yacht Britannia Trust)

As Britain sets sail in uncharted waters on the lookout for post-Brexit trade deals, lawmakers and a former diplomat have earmarked two key weapons: the Duchess of Cambridge and a new royal yacht.   Following the vote in June for Britain to leave the European Union

Manslaughter Charges Sought in Yacht Tragedy

Following the U.K. Maritime & Coastguard Agency’s more than two-year-long investigation into the circumstances surrounding the fatal loss of the yacht Cheeki Rafiki in May 2014, the Crown Prosecution Service (CPS) has decided to bring charges against Douglas Innes and Stormforce Coaching

Feadship Unveils New Future Concept

Photo: Feadship

Feadship has marked the 10th anniversary of the Feadship Future Concept with a new "blueprint for inspiration."   Unveiled at the Monaco Yacht Show using a yacht model and an augmented reality experience, the 2016 FFC Choice offers a wealth of opportunities for autonomous living

ALMACO to Build Cabins, Galleys for Rhine Class Ships

Image: ALMACO Group

German shipyard MV WERFTEN has awarded ALMACO Group a contract to build the luxury suites and galley areas for Crystal River Cruises’ four Rhine Class luxury river yachts, which will be delivered in 2017 and 2018 from Wismar.   

Shipbuilding Consolidation: Luerssen Acquires Blohm+Voss GmbH

PHOTO: Betriebsteil Lemwerder©Wolfgang Kundel (terra-air service)

Family owned and Bremen based shipyard, Luerssen acquired storied shipyard Blohm+Voss in Hamburg, the company announced on Wednesday, September 28, 2016.   With the acquisition of Blohm+Voss, Luerssen said it is entering into a long-term relationship to strengthen its portfolio in the

Sparkman & Stephens under New Ownership

Photo courtesy of Sparkman & Stephens

Sparkman & Stephens (S&S), the naval architecture and brokerage firm founded by Olin Stephens and Drake Sparkman in 1929, announced that it was acquired by a group of private investors led by Brooke S. Parish and John B. Reuter. The transaction enables S&S to implement expansion

Hammond New International Sales Manager, Fairline Yachts

Robert Hammond

British luxury motor yacht manufacturer, Fairline Yachts, announces Robert Hammond as its new International Sales Manager. Robert will be responsible for Fairline's global sales operations and managing its worldwide dealer network.   A former military pilot, Robert

SMM 2016: World Premieres from around the Globe

Photo courtesy of SMM

Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,150 exhibitors from 67 countries, presenting their most innovative products and services

MN100: Advanced Mechanical Enterprises

Image: Advanced Mechanical Enterprises

The Company: AME President Richard Merhige has pioneered the use of lasers in the marine industry.   The Case: is comprised of Advanced Mechanical Enterprises/AME and Advanced Maintenance Engineering/AME, comprehensive marine and industrial engineering services companies

Gulf Coast Shipyard Delivers MY Imagine

M.Y. Imagine (Photo: GCSG)

Gulf Coast Shipyard Group (GCSG) has delivered the Motor Yacht Imagine.  The M.Y. Imagine, a Trinity built yacht, is a 193’x 32’x 14’6” custom designed semi-displacement aluminum hull and superstructure vessel that was constructed in GCSG’s yard located in New

Eagle Bulk Shipping Raises $88mln in Private Placement

Photo: Eagle Bulk Shipping Inc

 Marshall Islands corporation headquartered in Stamford, Connecticut Eagle Bulk Shipping Inc has announced that it has closed its previously announced private placement of its common stock for aggregate gross proceeds of $88.0 million.    

Yacht Computer Service Expands its IT Service

Photo: Yacht Computer Service

 Any maritime business equals to demanding clients. And not to forget the crew – from any position upwards. As long as everything works, life on board is great.    TV or entertainment systems on any vessel are an absolute must, working at 100%. Most of the time they do

First Damen SeaExplorer Sold

SeaXplorer at Antartica Photo Courtesy Damen

AMELS and DAMEN have sold the first DAMEN SeaXplorer expedition yacht. The world premiere of this range of 65, 90 and 100-meter ‘true explorer’ designs took place last September at the Monaco Yacht Show. The SeaXplorer 65 is a crossover between professional technology and superyacht

This Day In Naval History: July 25

Ships Sponsor, Naunita Harmon Carroll, and her party at the Fore River Shipyard during the USS Harmon (DE 678) launching ceremonies in Quincy, Mass. on July 25, 1943. (U.S. Navy photo from the Naval History and Heritage Command)

1898 - During the Spanish-American War, a landing party from the armed yacht, USS Gloucester, single-handedly captures Guanica, Puerto Rico. 1943 - The first Navy ship named for an African-American, USS Harmon (DE 678), is launched. USS Harmon is named in honor of Mess Attendant 1st Class

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