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.
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
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
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 (“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
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
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
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.
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
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
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
The Company: AME President Richard Merhige has pioneered the use of lasers in the marine industry. The Case: AMEsolutions.com is comprised of Advanced Mechanical Enterprises/AME and Advanced Maintenance Engineering/AME, comprehensive marine and industrial engineering services companies
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
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.
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
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
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
The Marine Advisory Council has met to discuss the best ways to continue leading the march to excellence pursued by the Dubai Maritime Authority in upgrading the components of Dubai’s maritime sector. The council during the meeting, its fourth since its establishment in2014
The annual Shetland Race from Bergen will be at Lerwick from Thursday 23 to Saturday 25 June. 2016 marks the 30th annual race which started in 1987 – that first year with only one competitor actually making the trip but it still ranked as a qualifying race
The container ship Southern Lily sailing around 500km north of New Zealand were able to save two men and a womanfrom the battered yacht Platino. Five crew members were sailing the multi-million dollar yacht Platino from Auckland to Fiji on Monday when foul weather tore down
Maritime environmental and logistics industry expert Thomas A. Jelenić joins Pacific Merchant Shipping Association (PMSA) as Vice President, the trade association announced today. Jelenić will work in PMSA’s Long Beach office as of June 13, 2016.
A containership is rerouting to assist three people aboard the battered yacht, Platino, 550 kilometers north of New Zealand, after a crewman was lost overboard and another died when hit by rigging yesterday morning. An RNZAF P3 Orion is already out searching again this morning for the man
Shares in Singapore-based oilfield services firm Otto Marine Ltd jumped 37 percent on Thursday after the company received an offer from its majority shareholder to take it private. Executive Chairman Yaw Chee Siew, who owns 61 percent of the company, offered S$0
A skipper and his crew have been rescued from a life raft after their yacht - The Miracle - caught fire off the coast of Shetland, Scotland. According to a BBC report, nine people have been rescued after a yacht caught fire off Shetland
BAE Systems has been awarded contracts from the U.S. Navy for the repair and maintenance of two ships based in Jacksonville, Fla. The contracts come within days of one another and have a combined value of $61.7 million and a cumulative value of $68.6 million if all options are exercised.