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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


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


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


DP World to Develop Maldives Ports

Photo: DP World Jebel Ali

 Dubai-based port operator DP World has signed an agreement with the Maldivian government to develop the archipelago’s ports and logistics industry.    Maldives' tourism minister, Ahmed Adeeb told local media this week about the development of a deep-water port on the


Vanuatu Clean-Up: Rivergate Aids Residents

vanuatu_umbra_cyclonepam1.jpg

In the wake of Tropical Cyclone Pam, which hit landfall on March 13, 2015, latest reports indicate that more than 65,000 people are now homeless and over 110,000 are left without safe drinking water in Vanuatu. Australia's Rivergate Marina and Shipyard, working in conjunction with YachtAid Global


Hamburg Süd Completes CCNI Takeover

Courtesy Hamburg Sud

Effective 27 March 2015, Hamburg Süd has taken over the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the related general agency functions of Agunsa Agencias Universales S.A


A Better Charter Market in 2016?

Pic: Hanjin Shipping Ltd

 Shipowners that charter out container ships to liner operators are hopeful that 2016 will bring increased demand and higher charter rates for containerships, JoC reports.    Sentiment is changing in container shipping where, for the first time in five years


ABG Ties Up with GTT for LNG Technology

Pic: ABG Shipyard

 ABG Shipyard Ltd has tied up with Gaztransport and Technigaz (GTT) of France for the maritime transportation and storage of liquefied natural gas (LNG), reports Livemint.   With this pact, ABG has become the third Indian company to secure technology collaboration to build LNG carriers


Maersk to Install Transas ECDIS on 100 Vessels

 Transas Marines ECDIS Console (Image courtesy of Transas Marine)

 Maersk Line, the world's largest container company, has selected Transas Marine for ECDIS implementation on more than 100 vessels, Transas announced today. The contract features the Transas Navi-Sailor ECDIS 4000 in dual configuration plus a back-up station on each vessel. 


ECDIS to be Installed on 100 plus Maersk Vessels

Maersk Line selected Transas Marine for  ECDIS implementation on  more than 100 vessels.   The contract features Transas state-of-the-art Navi-Sailor ECDIS 4000 in dual configuration plus a back-up station on each vessel.  


CMA CGM to Add Ships, Pursue More Economies

Containership CMA CGM Marco Polo.JPG

CMA CGM, the world's third-largest container shipper, announced on Monday plans to order three giant vessels and said higher volumes and profit last year showed its focus on economies of scale was bearing fruit. Like market leader Maersk Line


Drydocks World, Maritime World Win Excellence Awards

The Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015

Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks World Group has won the Best Maritime Conference Award in recognition of their successin organizing the “2nd Mare Forum Dubai


Powerful Submarines Join Israel’s Navy

The new Tanin (Crocodile) submarine en route to Israel from Germany. Image by Israel Defense Forces

 The Israel Navy’s fourth submarine, the ISS Tanin (Crocodile), is expected to become fully operational in a few weeks and participate in naval operations.   The nuclear-capable submarine boasts an array of sophisticated weaponry


Carnival Sails to Profit

Image:  Carnival Corporation & plc

 The world's largest cruise company Miami-based Carnival Corp reported a net profit of $49 million, or 6 cents per share in the first quarter ended Feb. 28.   That compared with a loss of $20 million, or 3 cents per share, in the 2014 quarter


GAIL Seeks 7 LNG Cargoes

Image: GAIL (India)

 GAIL (India) will buy seven liquefied natural gas (LNG) cargoes for delivery from October 2015 until December 2016, according to the tender document obtained by Reuters.    According to preferences and vessel sizes, the deliveries will be split between Dabhol


Taiwan Boosts Yacht Export

Picture by Taiwan Yachts Industry Association

 Taiwan's yacht industry saw its first double-digit growth in nearly a decade, indicating an inspiring revival led by development and sales of larger leisure boats, reports Chinese newspaper Commercial Times.   The export value of Taiwan-made yachts hit US$172 million, up 13


Carnival to Add Nine Ships to Cruise Fleet

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Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri and Meyer Werft to each build next-generation cruise ships for Carnival Corporation through two separate, long-term partnerships  


Maersk Line Orders Seven Containerships from China

MaerskLine-logo.png

Danish shipping firm Maersk Line has signed an order for seven container vessels from COSCO Shipyard in China as the first step in a $15 billion investment programme over five years. The companies said in a statement on Thursday they would not give details of the price of the vessels






 
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