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Signs New

New Maritime Progress Book

The Maritime Progress book, first published in 1997, is an authoritative reference manual of signage, safety awareness and training material onboard ship. The new is designed to be compact focusing on the signs most commonly used onboard all types of vessel. Specific reference to International regulations, standards, codes and guidelines are easily found as appropriate within. Key features of the new book are: •Quality of product is maintained whilst list price remains unchanged since 2009 •A much larger selection of sizes and shapes offered as standard for each sign •New products introduced during the past five years are included •Sign images have been updated to the latest International standards •Posters and Manuals combined under one banner of ISM Safety Works •Fold out flap containing easy to follow 'How to Order' instructions •A detailed categorized index  

CAE's Marine Division Signs $19M in Deals

CAE signed new contracts to provide integrated bridge systems (IBSs) for the United Arab Emirates' Baynunah-class corvettes, and a land-based test facility for the German navy's F-124-class frigates. CAE also signed a contract amendment for the Indian navy's landing ship program and finalized the contract for the German navy's K130 corvette program. In total, the new agreements and contract amendment are worth about C$19 million

Amclyde Wins Contracts

FGH Engineered Products Group, the equipment segment of Friede Goldman Halter, Inc., announced that its AmClyde unit has signed new contracts in excess of $13.5 million with customers in Freeport, Texas and Abu Dhabi, U.A.E. "AmClyde is very pleased to receive these key orders from our long-standing customer NPCC (National Petroleum Construction Company) of Abu Dhabi in the United Arab Emirates and our new customer Cabett Subsea Products, Inc

FGH Announces $10 Million in New Contracts

FGH Engineered Products Group, the equipment segment of Friede Goldman Halter, Inc., announced that its AmClyde unit has signed new contracts totaling over $10 million with several customers in the international offshore oil and gas sector. Dick Juelich, AmClyde President, stated: "We are pleased to receive these contracts for assisting with capacity upgrades and modifications to existing AmClyde heavy-lift marine cranes, as well as several other recent contracts

Austal Reports 2012 Revenue Up, Operating Profit Down

Austal RoPax Ferry: Photo courtesy of Austal

Shipbuilding & allied marine industries provider Austal publishes its financial report for year ended 30, June 2012. The Group operating profit after tax for the year was $11.043 million compared with the previous year of $21.890 million. Revenue has increased by $149.140 million over the previous year while operating profit before tax has decreased by $7.235 million. Extracts from the Chairman's Report: This year’s results reflect some of the challenges Austal faces

Container Shippers Battle Falling Rates

Photo: Greg Trauthwein

As freight rates keep declining, cost reductions are the top priority for box carriers. Drewry’s 2Q14 Container Forecaster highlights that there is a widening gap between the positive financials of the few carriers really focused on cutting costs and the rest of the top 20 lines, as they battle with the pressure of falling freight rates. Drewry forecasts that once again, average freight rates will be lower than in the previous year

CNOOC Signs LNG Delivery Agreement

China National Offshore Oil Corp (CNOOC) has signed an LNG delivery agreement with Shell, Total and French energy company Suez. The company has signed the LNG spot delivery master agreement with the three companies. The agreement will lead these companies into China's LNG spot market, and make a reasonable profit for them. Australia's Santos signs production sharing contract in Vietnam Santos Ltd said it has signed a production sharing contract with the Vietnam Oil and Gas Corp

Bulyard Shipbuilding to Contruct New Vessels

Navigation Maritime Bulgare (Navibulgar) will receive three new ships after a contract for the construction of the ships was signed, Focus news agency reported. Bulyard-Shipbuilding Industry AD will construct the vessels. Prime Minister Sergei Stanishev was also present at the contract signing ceremony. The ships to be constructed will be cargo ships. They will be constructed respectively by December 2009, September 2011 and January 2012.

Maritime Singapore Green Pledge

Twenty more maritime companies came together to sign the Maritime Singapore Green Pledge to signify their commitment towards promoting clean and green shipping in Singapore. They join the 40 companies that have already signed the Green Pledge so far. The signing took place during the Singapore Registry of Ships Forum on "Responsible Shipping" and was witnessed by Lam Yi Young, Chief Executive of the Maritime and Port Authority of Singapore (MPA).

ABS President Wiernicki Signs New MARAD Agreement

 Christopher J. Wiernicki: Photo ABS

The American Bureau of Shipping (ABS) informs that it has entered into a new Memorandum of Agreement (MOA) establishing the policies and procedures regarding the survey and classification of the National Defense Reserve Fleet (NDRF). The agreement expands the working relationship that has existed between ABS and MARAD since the agency's inception in 1950, updating the last MOA signed in 1999. The new agreement, signed by Maritime Administrator Paul N

Evergreen Line Orders Ten 2,800 teu Ships

Photo: Evergreen Shipping Singapore

 Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation.   The deal between the companies is to buy 10 new 2800 TEU container vessels. The Contract value is $390mln.  

SCCT Prepares to Boost Vessel Traffic with 24-hour Access

Photo by APM Terminals

 A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance.   Vice Admiral Mohab Mamish, the Head of the SCA, formally approved the construction of a new 9

BIMCO Signs New LNG And Shipbuilding Supervision Contracts

BIMCO Headquarters. Photo by  BIMCO

 The twice yearly meeting of BIMCO’s Documentary Committee took place in Hamburg on 19 November. In his first meeting as Chairperson of the Committee, Belgium’s Francis Sarre presided over the adoption of several new contracts and clauses and an update of BIMCO’s extensive

DP World, SCA Pact for Ain Sokhna Port Development

Photo: DP World Sokhna

 Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent.   The signing of the deal comes in line with directives by

MANSA, NMIS Ink MOU for Skill Development

Signing the MOU between MANSA & NMIS on 19th November 2015. Photo MANSA

  Mumbai and Nhava-Sheva Ship-Agents Association (MANSA) and Narottam Morarjee Institute of shipping (NMIS) signed a Memorandum of Understanding for lauching a facility for training employees as well as aspirants in the shipping trade as a Corporate Social Objective. 

Concordia Maritime Charters MR Tanker

Concordia Maritime has signed a contract for the charter of an IMO2/3 class MR tanker, the company announced today. The vessel will be chartered jointly with Stena Weco, and Concordia Maritime's share amounts to 50 percent. The contract, which comes into effect at the end of November 2015

Grandweld Delivers Vessel to ADNOC

United Arab Emirates leading shipyard Grandweld has delivered a dive maintenance and support vessel TAWAM1 to Abu Dhabi National Oil Company (ADNOC).   Grandweld took the newbuild project from conception to completion, designing and building the 50-meter long vessel with a 65-ton bollard

Fincantieri Launches Nuclear Waste Vessel for Russia

Photo: Fincantieri

New semisubmersible floating platform will be used to transport special material decommissioned by the Russian Navy    Itarus, the new semisubmersible floating platform built to transport Russia’s nuclear materials, was launched at a ceremony on November 19 at Fincantieri’s

Terex Cranes for ICTSI

Three similar cranes will be supplied to Basra

  Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore cranes (STS) and three Terex rubber-tyred gantry cranes (RTG). With this order including comprehensive services, TPS and ICTSI

BTӦ Orders Damen ASD Tug

Photo courtesy of Damen Shipyards

Sweden-based BogserTeam Ӧresund (BTӦ), part of MarCon gruppen, recently signed a contract with the Damen Shipyards Group for the delivery of a Damen ASD Tug 2810. MarCon gruppen is currently experiencing growth and is undertaking a program of renewal and expansion to its fleets.

Maersk to Idle Vessel

Morten Maersk. Photo by Maersk Line

 The world's biggest container-ship operator Maersk Line  has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits, says a report in the The Straits Times.  

Suez Canal Pacts with SCCT-Maersk

Image by  Suez Canal Container Terminal

 Chairman of the Suez Canal Authority (SCA), Vice Admiral Mohab Mamish, signed a settlement agreement with the Suez Canal Container Terminal (SCCT-Maersk), says Daily News Egypt.    Egypt is also planing to complete a side channel in East Port Said, near the Suez Canal.  

Shipping to See Further Consolidation

Image by MarineLink

 The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years.   If it goes through, NOL and CMA's merger would be the biggest container shipping deal in years

ESL Shipping to Enter the Renewable Energy Market

Photo: ESL Shipping Ltd

 ESL Shipping and AB Fortum Värme have signed an agreement for biofuel transport. The agreement provides ESL Shipping with access to the renewable fuels transport market. The company's transport operations to the new Värtan Energy Port in Stockholm will commence at the end of this

SSAB, Aspo ESL Shipping Pact On Sea Transport

Image: SSAB

 The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea.  

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