W R Systems, Ltd. (WRSystems) has been awarded a $26,946,956 contract from the U.S. Navy to provide engineering technical support services for navigation systems in the U.S. and abroad. Seventy-five percent of the contract work will be performed in Hampton Roads, Va. through WRSystems’ Engineering Services Division in Norfolk, Va. The value of the contract could reach an estimated $140,601,392 if all options are exercised. The company is based in Fairfax, Va. WRSystems expects to hire additional staff to help service the new contract. The contract combines purchases for the Navy (97%), and the governments of Japan, Taiwan, Korea, Australia, Saudi Arabia and Egypt under the Foreign Military Sales Program. WRSystems will provide support to the Space and Naval Warfare Systems Command (SPAWAR) Systems Center in Charleston, S.C. The In-Service Engineering Agent overseeing the contract is located at Little Creek Naval Amphibious Base. Contract work for the Navy and allies will include a broad range of systems engineering and technical and logistics support for navigation and interior communications systems. WRSystems will support SPAWAR Atlantic in the certification of navigation systems throughout the fleet, in research and development in drug interdiction and in equipment and systems training for the fleet
General Dynamics Advanced Information Systems, a business unit of General Dynamics was awarded two contract modifications totaling $50 million to continue supporting the AN/BYG-1 combat control system aboard U.S. Navy and Royal Australian Navy submarines, as part of the AN/BYG-1 modernization program for the tactical control systems (TCS) and weapons control systems (WCS). General Dynamics is delivering enhanced capabilities across multiple submarine platforms
Operating profit for the CMA CGM Group is expected to return to the breakeven point in December 2009, ahead of the company’s cautious forecasts in September 2009. The savings plan applied throughout all segments of the group, combined with increasingly firm volumes and rates, is already producing its initial effects. The recovery of operating profit illustrates the shipping expertise of the CMA CGM teams, which have been entirely focused on achieving this objective.
SeaKits, the developer and provider of the Marine Maintenance System (MMS), has released Version 3.0 of MMS Fleet Solutions providing expanded functionality for workboat fleets, including passenger, tow and service vessels. MMS Fleet Solutions V3.0 provides Port Engineers, Maintenance Managers, and company executives with fleet-level visibility of all planned and corrective maintenance activities including maintenance schedules/forecasts, work orders, and inventory levels
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our quarterly fleet status report dated April 14, 2011. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report
Fleet management software developer Tero Marine has served the shipping industry for nearly three decades with a product range led by its software suite TM Master, now a leading fleet management brand with more than 2,000 licenses worldwide. The Bergen, Norway-based company and its fully integrated marine information system TM Master have managed to stay competitive amidst an explosion of companies providing fleet management and software solutions to the maritime market
Applied Weather Technology, Inc. (AWT) announced that an expert judging panel has selected AWT, with its innovative fleet management system GlobalView, as the winner of the Systems category for the fifth annual Safety at Sea International Awards. AWT was also recognized as a finalist in the category of Security. Introduced in 2010 as the first fleet management system to provide critical maritime data within the visual presentation of Google Earth technology
Contract includes AMERCOAT, PSX coatings for 110-ship global fleet PPG Industries’ protective and marine coatings (PMC) business was awarded a five-year contract by the U.S. Navy’s Military Sealift Command (MSC) to continue providing coatings, solvents and technical services to its global fleet of 110 ships. Tim Knavish, PPG vice president, protective and marine coatings, said the contract extends PPG’s commitment to serving the U.S. Navy and other military services
Forms for the At-Berth Regulation Advisory have been posted to the Shore Power website. As specified in the December 2013 Regulatory Advisory, fleets need to notify ARB of their intention to qualify for temporary relief under each scenario they intend to use. Fleets also need to provide evidence that they have made a good faith effort to comply with the At-Berth Regulation. To do this, fleets must complete the "December 2013 Regulatory Advisory Notification" form and return it by
Globavista drives greater efficiency in vessel fleets by providing enhanced operational intelligence to fleet managers with new software product updates, the developer announced. Globavista is a vessel tracking and monitoring product enhanced with a new User Interface allowing the management of large scale fleets more effectively, giving easier, more intuitive analysis to fleet managers across the globe. As the demands of maritime tracking and fleet management grows
Monthly demolition rates in the dry bulk shipping sector averaged 3.3 million DWT for 1H15, according to new figures from BIMCO, compared to 1.3 million DWT last year. This included a record 5.36 million DWT in April – the highest on record for a single month.
Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and converted into Offshore Patrol Vessels (OPVs), and to provide the related logistics support services.
After signing an order for the construction of five new ships two weeks ago, the Italian shipowner Grimaldi Group has signed another contract for the construction of three new PCTC-type ships (Pure Car and Truck Carriers) at the Chinese Jinling shipyard
The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according to a survey by law firm Norton Rose Fulbright, says a report in Reuters. The growing vessel glut is battering sentiment in the shipping industry at a time when players
Tero Marine informs it has secured a multimillion (NOK) contract for delivery of fleet management software to Norwegian shipping company Boa Offshore. The Bergen-based tech company will install its TM Master suite on 14 vessels. TM Master will thus be the preferred fleet management
Meyer Turku to build Mein Schiff 7 and 8 for TUI Cruises TUI Cruises GmbH and Meyer Turku Oy signed an agreement for the construction of two new cruise ships, Mein Schiff 7 and Mein Schiff 8, to be delivered in 2018 and 2019, respectively.
Crowley strengthens relationship with U.S. Navy, completes turnover of Military Sealift Command T-AGOS/T-AGM fleet Crowley Maritime Corp. announced its global ship management group completed the turnover of the Military Sealift Command’s (MSC) T-AGOS/T-AGM fleet and is now
Immediately after signing contract with signed with Hyundai Samho Heavy Industries to build five VLCCs, with an option to build additional five VLCCs, the National Shipping Company of Saudi Arabia (Bahri) signed a contract with Hyundai Samho Heavy Industries to build additional five VLCCs
Fincantieri, one of the world’s largest shipbuilding groups and reference player in the naval shipbuilding industry, and Finmeccanica, Italy’s leading manufacturer in the high technology sector, have been awarded the contract for the construction and equipment of one
GasLog Partners LP and GasLog Ltd. announced today the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities that own and charter the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria
Ardmore Shipping Corporation took delivery of the newbuild product and chemical tanker vessel Ardmore Seafox on June 25, 2015, the company announced today. The 49,999 dwt, Eco-design IMO 3 tanker was built at Korea's SPP Shipbuilding Co., Ltd Sacheon Shipyard and is the second in a series of
Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.
Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ. NITC has amassed the world’s largest fleet of super tankers and is in talks to sail back into western waters should
Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency. The director general of the Cypriot Shipping Chamber, Thomas Kazakos, said that a small number of Greek shippers have contacted
The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month. April 2015 saw 5.36 million DWT being retired from active service, which was the highest on record ever for a single month