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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 www.maritimeprogress.com  


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.


BIMCO: Greece is the Leader in Newbuild Investment

Source: BIMCO, CRSL

Greek shipowners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts, BIMCO reported. Since 2010, contracts made by owners in Greece total $51 billion (USD), consistently dwarfing the likes of Norway and China as buyers. Chief Shipping Analyst at BIMCO, Peter Sand, said, "The Greek ship owners’ interest in newbuilding contracts has continued into 2014, where 73 new contracts valued at $4


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


Singapore’s Mega Terminal Construction Kicks Off

Image: MPA Singapore

 The Maritime and Port Authority of Singapore (MPA) has started the construction of a new container terminal at the western end of the island to replace existing container port facilities and consolidate operations for the long term.  


Saga Shipholding’s Optimarin Experience Drives BWT Orders

Photo courtesy of Saga Shipholding

Ballast water treatment (BWT) specialist Optimarin has signed a contract with Saga Shipholding for the provision of three of its Optimarin Ballast Systems (OBS). The order marks a new chapter in the working relationship between the two, with Saga originally purchasing an initial 26 systems from


Partners Tap Standardization to Trim Newbuild Costs

Photo: DNV GL

Unfamiliar specifications and processes often result in rework, delays and misunderstandings, and are adding thousands of engineering hours to the design and construction of offshore oil and gas installations. Cost savings are delivered by addressing variations in owner, operator


CRMG Cranes Arrive in Mersey for Liverpool2

Photo: Peel Ports

 First six of 22 to be installed at £300m terminal; arrival marks end of 13,730 mile (11,930nm) journey from Nantong, China   The first six cantilever rail-mounted gantry (CRMG) cranes arrived in the River Mersey on Sunday, May 1 ready for installing and commissioning at the


Hurtigruten, Kleven Ink Explorer Ships Construction Deal

Hurtigruten Rolls Royce Illustration of vessels Photo Hurtigruten

Norwegian exploration travel company Hurtigruten, has signed a letter of intent for the construction of up to four new explorer ships with Norwegian shipyard Kleven. The order for delivery in 2018 and 2019 is a move to meet growing demand for adventure travel from travellers in the U.S


South Korea Eyes Iran's Shipping Industry

Irans Ambassador to South Korea Hassan Teherian asks South Korean companies to expand investments into his country. Photo credit: Yonhap

 South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the global economic slowdown.   According to  IRNA


DP World Wins Limassol Port Contract

Photo: DP World

 DP World, one of the world's biggest port operators, and the Cypriot logistics and services company GAP Vassilopoulos Public have won two concessions to manage commercial activities at Limassol Port in Cyprus starting in January.  


Concordia Maritime Inks P-MAX Tanker Contract

Stena Polaris (Photo: Concordia Maritime)

Concordia Maritime has signed a new consecutive voyage contract for the P-MAX tanker Stena Polaris. The contract, which comes into effect in May 2016, is for one year. The contractual partner is one of the world’s largest oil and gas companies.


Nauta Yard Cuts First Steel for Trawler Newbuild

Photo: Nauta Shipyard

Newbuilding Department of Nauta Shipyard has begun construction of fully equipped fishing vessel - Ocean Star with a steel cutting ceremony held on April 26. The ceremony was attended by representatives of shipowner, DnV and Warthill Design .


G E Shipping Reworks Newbuildings Kamsarmax Exposure

Jag Laxmi Photo Greatship

The Great Eastern Shipping Company has entered into an agreement to cancel the new building Kamsarmax which was scheduled for delivery in FY 18 (contract signed in FY 14).   Simultaneously, the Company has contracted for purchase of two newbuilding resale Kamsarmaxes being built at the same


Alliance Merry-go-round Spins Again

Photo: CMA CGM

 Four carriers have announced a new OCEAN Alliance to start next year. Where does this leave those carriers left behind?   To the surprise of many it was announced last Wednesday that four carriers – CMA CGM, COSCO Container Lines


Ulstein Verft's First Wind Service Vessel Launched

(Photo: Ulstein Group/Marius Beck Dahle)

Shipbuilder Ulstein Verft has launched its first vessel within the renewable energy segment, and also the first with the newly-developed X-STERN hull line design.   The service operation vessel (SOV) for the offshore wind industry is one of two being constructed for Bernhard Schulte Offshore


Pacific Nations Take a Stand on Shipping Emissions

Photo: IMO

On Earth Day, Pacific leaders queued among 175 countries to sign the Paris Agreement in New York. Earlier that day in London, the International Maritime Organization (IMO), the United Nations Framework Convention on Climate Change (UNFCCC)’s sister UN specialized agency


Lerwick Harbor sees Seasonal Boost

Offshore vessels Bibby Polaris and Viking Neptun at Greenhead Base, currently supporting projects West of Shetland. Photo by Alexander Simpson

The opening of the offshore season in northern waters has seen specialist oil industry vessels return to Lerwick Harbor during April to support subsea development projects. This month has also brought the first cruise ship of the year to the Shetland port for what promises to be a record-breaking


Turkish LPD Comes into Effect

DHA Photo

 Turkey has launched the building phase of its amphibious landing platform dock (LPD) warship for the Turkish Naval Forces with a ceremony on April 30, says Hurriyet.   Last year, the Turkish government announced it signed a nearly $ 1 billion deal with a local shipyard to produce the






 
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