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WRSystems Wins Navy Contract up to $140M

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


CMA CGM: Significant Recovery in Operations

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.  


Transocean Provides Fleet Update Summary

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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


SeaKits Releases V3.0 for Fleet Maintenance Support

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


AWT Wins Safety at Sea Award

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


At-Berth Regulation Advisory Forms Available

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


U.S. Navy Renews PPG PMC Contract

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


AWT Upgrade Fleet Decision Support System

Photo: Applied Weather Technology, Inc.

Applied Weather Technology, Inc. (AWT), a provider of fleet optimization services and onboard voyage management software, today announced the latest version of its fully customizable fleet management system with the release of Fleet Decision Support System (FleetDSS) Version 2.0. In addition to being suitable for use within a company's IT network, FleetDSS has new tools, including an ETA confidence tool and a comparative vessel type performance graph


Fleet Begins Transition to New Reporting System

From U.S. Fleet Forces Command Public Affairs Starting Oct. 1, the fleet will begin transitioning to the new Defense Readiness Reporting System-Navy (DRRS-N), a Web-based management system providing Navy and joint commanders continuous access to unit and group level capability-based readiness assessments. DRRS-N is a major shift in readiness thinking and reporting, moving the focus from reporting unit resources and training to assessing and managing force capabilities


Kirby Expands With Three New Units

Kirby Corporation Announces Purchase of Three Coastwise Tank Barge and Tug Units; Purchased Seaboats, Inc. coastwise tank barge fleet consisting of three 80,000 barrel tank barge and tug units for $42.3 million in cash.   Kirby Corporation has announced the purchase of the coastwise tank barge fleet of Seaboats, Inc. and affiliated companies consisting of three 80,000 barrel coastwise tank barge and tug units for $42.3 million in cash


Ardmore Shipping Secures Newbuilding Finance

Ardmore Shipping tankship: Photo courtesy of the owners

Ardmore Shipping Corporation says it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB"). The total amount available under the facility has been increased by $53 million to $225


MTU Powers Fleet of Inland Waterway Towboats

Installing new MTU engines has improved Southern Towing’s fuel consumption and maneuverability.

Industry-leading Ironmen diesel engines power four new builds and two repowers in Southern Towing’s inland waterway fleet MTU, the specialist for propulsion and power systems for ships and commercial marine equipment, has been selected by Memphis-based Southern Towing Company to power six


Hall Joins Bouchard Transportation

Brian Hall

Retired Active Duty Coast Guard Commanding Officer Brian Hall has joined Bouchard Transportation Co., Inc., the nation’s largest independently-owned oceangoing petroleum barge company, as Southern Port Captain / Vetting Manager. Hall brings with him more than 25 years of experience in marine


GDI Awards N-KOM US$110-M Contracts

GDI N-KOM contract principals: Photo courtesy of N-KOM

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth US110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s


Upcoming Maritime Recruitment Fair at CMTI

Maritime Studyies Lecture: Image courtesy of CMTI

Chesapeake Marine Training Institute (CMTI) says that Norfolk Tug will be among the maritime companies recruiting new talent at its professional mariner job fair August 13, 2014, from 9 a.m. to 3 p.m. at the CMTI campus in Hayes, Va. CMTI adds that Vane Brothers will also be on hand


SHIPPINGInsight 2014 Agenda Announced

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Annual Conference, Exhibition and Networking Event Brings Together Shipowners and Technology Companies to Address Practical Solutions for Efficient Operations The organizers of SHIPPINGInsight 2014 report that the agenda has been finalized and all speaking positions and sponsorships have been


Navios Announces VLCC Delivery

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered to Navios Acquisition's owned fleet on July 21, 2014. The company also announced that the Nave Electron has been chartered out


GE, LR Study Gas Turbines for Commercial Ships

Image: GE

GE Marine and Lloyd’s Register Sign Memorandum of Understanding to Collaborate on Applying Gas Turbines to Power Commercial Ships GE Marine and Lloyd’s Register report they have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship


Hyde Marine Makes BWTS Installation Agreements

Ballast water discharge: File photo

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, says it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets as follows: Grand Bahamas Shipyard


Scorpio Bulkers Gets $540m Loan for Newbuilds

Photo courtesy of Scorpio Bulkers

Scorpio Bulkers Inc. announced that it has received a commitment for a $540 million loan facility and provides an update on the financing of its fleet. On July 21, 2014, the company received a commitment from two European financial institutions for a loan facility of up to $540 million


Germany as a Maritime Location Endangered: VDR

Reighstag: File photo

Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry and American and Asian financiers focus on bigger peers, according to a report by PricewaterhouseCoopers (PwC) cited by


Hyde Marine Selects 2 Installation Partners

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, announced today it has established two partnership agreements for installation of the chemical-free Hyde GUARDIAN Gold Ballast Water Treatment System (BWTS) for international markets.


Matson to Release Q2 2014 Financial Results

Matson containerships: Image courtesy of Matson

Leading U.S. carrier in the Pacific, Matson, Inc., informs it will release its financial results for the Second Quarter 2014 on Thursday, July 31, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for


Bolidt Decking, Flooring for Viking Cruise Flagship

CGI of the Viking Star

Bolidt Synthetic Products & Systems has secured a contract as exclusive partner to Viking Ocean Cruises for the supply of decking and flooring. The contract covers Viking Star, the first vessel due for delivery in 2015 and its sister ship, Viking Sky, scheduled for delivery in 2016


Teekay Announces Public Offering

Teekay LNG Partners L.P. has announced  that it has agreed to sell 2,800,000 common units, which represent limited partner interests, in a public offering. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 420,000 common units






 
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