Marine link

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.

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

Gazprom, PetroVietnam Ink Multiple Deals

Nguyen Quoc Khanh and Alexey Miller Photo Gazprom

Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Quoc Khanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), signed today in Moscow a number of documents to strengthen cooperation between the companies. The signing ceremony was attended by Dmitry Medvedev, Prime Minister of the Russian Federation, and Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Vietnam (SRV). The following documents were signed:

Philippine Navy Orders 2 Frigates from Hyundai Heavy

Image of to-be-built 2,600ton Frigate for the Philippine Navy (Image: HHI)

Hyundai Heavy Industries (HHI) has signed a contract to build two 2,600 ton frigates with the Department of National Defense, Republic of the Philippines.   The frigates, scheduled to be delivered from 2020, will be a smaller light combatant and successor to the Incheon class frigate now in

Egypt Launches Record LNG Tender for 96 Cargoes

Egypt launched the world's biggest tender for liquefied natural gas (LNG) as officials from top energy companies and trading houses converged on Cairo undeterred by new rules that could force them to wait for as long as six months to get paid.  

Torrent Power Seeks 38 LNG Cargoes

Indian private-sector power utility Torrent Power is seeking 38 cargoes of liquefied natural gas (LNG) for delivery over four years beginning April 2017, in what is likely to be the firm's first import tender.   The firm is seeking offers for 22 cargoes to be delivered to Dahej LNG import

Panama Canal Authority, Peel Ports Form Alliance

Peel Ports Chief Operating Officer Gary Hodgson (seventh from left) with the Panamanian delegation (Photo: Peel Ports)

The Panama Canal Authority (ACP) has entered into a Memorandum of Understanding (MOU) with major UK ports operator, Peel Ports, who own the Port of Liverpool, as the latter gears up for the formal opening of its Liverpool2 container terminal in early November.  

Norwegian to Build New Ship for Alaska Cruising

Image: Port of Seattle

Norwegian Cruise Line will commence a new era of Alaska cruising beginning June 2018, as the company announced today that its next new vessel, Norwegian Bliss, will be custom-built with features and amenities for Alaska cruising. Norwegian Bliss will cruise to America’s Last Frontier from

Wärtsilä to Power Mediterranean's First LNG Ferry

Baleàrias new RoRo passenger ferry (Image: Wärtsilä)

Wärtsilä said it has signed a contract with Construcciones Navales del Norte SL (LaNaval) shipyard in Sestao, Spain for the design and supply of the LNG power and propulsion installation for a new RoRo passenger ferry being built for Spanish owner Baleària

USC, Ports Partner to Improve Supply Chain Technology

Redesigning supply networks to operate in the digital economy requires supply chain thought leaders to accelerate the move to enhanced digital capabilities - Image courtesy USC Marshall Center

A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker on October 14 at the University Park campus.

Navigator Gas Signs up for ShipServ

File photo: Navigator Gas

 Navigator Gas Signs up for ShipServ   Navigator Gas, one of the world’s largest LPG vessel operators, has recently signed up to use ShipServ for all its procurement activities.   The London-headquartered company recently took its ship management activities in-house based

NYK Establishes Logistics Company for Finished Cars in Kenya

Photo: NYK Line

 NYK has signed a joint-venture agreement with Bolloré Transport & Logistics Kenya Limited (Bolloré) and Toyota Tsusho Corporation to establish Bolloré NYK Auto Logistics Limited, a logistics company for finished cars. 

Guinea Opens Box Port in UAE Bauxite Complex

Guinea opened a new container terminal on Wednesday, part of a bauxite complex being developed in the West African country by Abu Dhabi investment fund Mubadala. Mubadala signed a $5 billion agreement with Guinea in 2013 to develop a bauxite mine

Korea's Top 3 Shipbuilders' Shaky Performance

File Photo: Samsung Heavy Industries

 The value of contracts signed by Korea's big-three shipbuilders— Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries — fell far behind the amount they projected for this year, reports The Korea Herald.  

Russia to Lease Second Submarine to India

Photo: Weapons Systems

 Russia has agreed to lease a second nuclear attack submarine (SSN) to  to the Indian Navy, as part of enhanced bilateral defence cooperation, in a deal which will cost around $2 billion.   A transfer agreement had been signed to lease a second nuclear submarine of project 971

GasLog Orders New LNG Carrier from SHI

Photo courtesy GasLog

 GasLog Ltd. today announces that it has signed a time charter party with Centrica plc. ("Centrica") to charter a vessel for a period of seven years. The vessel, a 180,000 cubic meter LNG carrier with XDF propulsion, has been ordered from Samsung Heavy Industries

EMGS Amends Deal for Atlantic Guardian


Electromagnetic Geoservices ASA (EMGS) has signed an extended charter agreement for the vessel Atlantic Guardian with North Sea Commander Shipping AS (owner of the vessel) at new and improved commercial terms. The new terms are valid as of 1 October 2016.

Rolls-Royce to Equip ECO’s New Tugs

Image: Rolls-Royce

Rolls-Royce has signed a contract with Edison Chouest Offshore (ECO) worth more than $41 million to deliver propulsion and deck machinery for 13 new tugs, including five which will have a direct bollard pull of around 150 metric tons.  

rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright