UltraStrip Systems, Inc. announced the signing of a five year exclusive agreement with BAE Systems ship yard subsidiaries in San Francisco and San Diego to provide its patented robotic automated waterjetting technology equipment and services. UltraStrip's robotic technology will perform high speed coating removal services to the shipyard's customers, including U.S. Navy vessels, oil tankers, cruise ships, bulk carriers, and container ships. BAE Systems San Francisco and BAE Systems San Diego are subsidiaries of BAE Systems Ship Repair, Inc., a group of companies owned by U.K. based BAE Systems.
Northrop Grumman Corporation is introducing the VisionMaster FT Electronic Chart Display and Information System-E (ECDIS-E), a new cost-effective navigation solution for commercial tankers, container ships, bulk carries and passenger ferries including retrofit installations. Based on the Northrop Grumman Sperry Marine VisionMaster FT platform, the new ECDIS-E combines an optimized feature set with easy to install hardware
Xinhua reported that COSCO Group, China's leading shipping and logistics service provider, inked in Boao, Hainan Province on Saturday contracts with four domestic shipyards to build 66 ships. Zhang Fusheng, a COSCO spokesman, did not disclose the total value of these shipbuilding contracts but said they summed up to a record amount for the shipping giant. The move is to help meet China's strong demand for shipping as the country's fast economic development gives rise to more imports of
Star Bulk Carriers Corp. has taken delivery of the Star Cosmo, a Supramax bulk carrier of approximately 52,247 dwt, built in 2005. The vessel comes with a staggered 3-year charter to Korea Line that commenced on March 17, 2008, at a gross daily rate of $55,900, $41,900 and $27,900 for the first, second and third year respectively. With the delivery of Star Cosmo, Star Bulk's operational fleet currently consists of twelve dry bulk carriers
The U.S. Naval Sea Systems Command has awarded a contract to Northrop Grumman Corporation to supply integrated bridge systems (IBS) for three U.S. Navy cruisers. The indefinite-delivery indefinite-quantity contract, valued at $2.72m, was awarded to Northrop Grumman’s Sperry Marine business unit. Under the contract, the new-generation IBS, running on Sperry Marine’s Voyage Management System (VMS) software, will be back-fitted onto three guided-missile cruisers (CG).
The American P&I Club has added to its library of e-learning modules released in cooperation with IDESS IT in the Philippines. The new module covers compliance with The Code of Practice for the Safe Loading and Unloading of Bulk Carriers (BLU Code). The aim is to familiarize members and their crews with the code’s requirements for bulk carriers, terminal operators and other parties involved in the safe handling of solid bulk cargoes.
Eagle Bulk Shipping, Inc., a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry,announced that it has taken delivery of the Shrike, a 2003 built 53,343 dwt Supramax dry bulk vessel. The Shrike was acquired as part of a three vessel transaction announced on February 28, 2007. The Shrike will immediately commence a 24-27 month charter at a rate of $24,600/day. The charterer has an option to extend the charter period by 12-14 months at a
A series of new vessels will be built in China for the Far-Eastern Shipping Company (FESCO). According to reports, the contract on building of four bulk carriers at the Chinese shipyard Quingshan Shipyard in the city Ukhan was made. Every bulk carrier will be 623 x 104 ft., deadweight 57,000 tons. Every vessel will be equipped with four loading cranes. The bulk carriers will work at transportation of bulked cargo - corn, coal, ore, pipes and others.
Star Bulk Carriers Corp. has entered into a definitive agreement to acquire a Capesize bulk carrier of approx. 180,000 dwt, built in 1991 in Japan, for approximately $83.7 million from Japanese interests. The vessel will be financed through a combination of company cash and bank debt. The vessel to be renamed the M/V Star Sigma, is scheduled to be delivered to Star Bulk within April/May 2008. It comes with a one-year time charter back to its present owners which will commence on the day of
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP; SHIPW) announced that it has entered into an agreement with Constellation Bulk Energy Holdings, Inc. to acquire Seller's 50% ownership interest in Bulk Energy Transport (Holdings) Limited for a nominal cash consideration. The remaining 50% of BET is owned and will remain under the ownership of affiliates of the Restis family. BET is a provider of worldwide ocean transportation services through the ownership of a fleet of five dry bulk carrier
Liebherr Maritime Cranes launched what it is calling a ‘game-changing’ technology: SmartGrip for its mobile harbor crane product range. This technology is designed to operate as an intelligent system which optimizes grab filling rates in a self-learning manner
Brazilian miner Vale SA reached a deal with China Ocean Shipping Co (Cosco) for transporting iron ore, a move that could help the Brazilian miner resolve a costly two-year ban on docking its mega-ships at Chinese ports. Vale said in a statement that it would transfer ownership of four very
With the September call of the bulk carrier Sen Treasure, Port Manatee Scrap Metal Inc. is embarking upon exportation of scrap metal to Mexico from Port Manatee. The Sen Treasure departed Port Manatee bound for Veracruz on the evening of Sept
The slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times, as Beijing aims for a soft landing and a transition of the economy, BIMCO reported, adding that the demand for dry bulk shipping and container shipping is bound to
Denmark-based TORM say that all lenders have supported the agreement to extend the existing Super Senior Working Capital Facility by six months until 31 March 2015 to facilitate the completion of the recapitalization process. Given the current limited draw
A reactor and a cold high-pressure separator is delivered to the site of Rosneft subsidiary Syzran Refinery for the constructed diesel hydro-treater. The unit is designed for the removal of sulphur and nitrogen compounds, as well as of other solids to improve diesel-fuel and to bring its
Ecoships, the technical shipmanagement arm of Newport Shipping Group, has introduced a next generation bulk carrier design, developed to set the standard in ecologically compatible marine transportation. Inspired by the low friction to water flow and self-cleaning properties of the lotus flower
Total cargo shipments on the St. Lawrence Seaway have surpassed 2013 levels despite one of the most difficult starts to the shipping season in years due to ice coverage. According to Seaway figures, total cargo tonnage from March 25 to August 31 reached 20 million metric tons
The Great Eastern Shipping Company Limited (G E Shipping) has signed a contract to buy a Supramax Bulk Carrier of about 52,454 dwt. The 2006 built vessel is expected to join the Company’s fleet in September-October 2014. The Company’s current fleet stands at 30 vessels
MacGregor, part of Cargotec, has announced that the first units of a 672-strong MacRack orderbook are now being installed. The units are destined for a total of 38 ships for various owners; 35 of which are for 180,000 dwt bulk carriers and the remaining three are for 87,000 dwt bulkers
MacGregor, part of Cargotec, says that the first units of a 672-strong MacRack orderbook are now being installed. The units are destined for a total of 38 ships for various owners; 35 of which are for 180,000 dwt bulk carriers and the remaining three are for 87,000 dwt bulkers
A number of orders are reported by Clarkson Hellas in their latest S&P Weekly Bulletin, with contracts being signed across the Dry Bulk, Tanker and Container markets. Dry bulk carriers Activity has been focused amongst the small/midsized vessels with Empros Lines reported to have signed up
55 Waugh Dr, #1000 Houston, TX 77007 Tel: (713) 435-1000 Email: firstname.lastname@example.org Website: www.kirbycorp.com President: William G. Ivey The Company: Kirby Corporation is a premier tank barge operator in the United States
Sen. Landrieu Announces $10m for Port of Lake Charles Terminal Expansion U.S. Senator Mary L. Landrieu, D-La., a Senior member of the Senate Appropriations Committee, today announced a $10 million grant for the Port of Lake Charles through the Transportation Investment Generating Economic
Class Society Joins Joint R&D Project for Bulk Carrier Safety with Germany’s HSVA and other European Research Institutions Classification society ClassNK announced that it will join a new European Joint R&D project to ensure bulk carrier safety