According to reports, Indiaâ€™s navy will acquire six new submarines and 33 ships. The reports indicated that it would take about six years for the navy to acquire the six new submarines and 33 ships. It currently has 126 ships and 16 submarines, some of which are aging. India has been seeking to bolster its rise as an economic power by reshaping its armed forces into a modern military capable of projecting power well beyond its shores. The defense ministry said that it was inviting bids from international aircraft makers for 126 combat jets to upgrade its air force's capability at an estimated cost of $10b. India is expected to evaluate aircraft built by U.S. manufacturers Lockheed Martin and Boeing, France's Dassault Aviation, Sweden's Gripen-SAAB and Russia's Sukhoi. Source: AP
Maersk Logistics is to open six new offices in Central America, Mexico, and the Caribbean. With the opening of the new offices, Maersk Logistics has a total of eight offices in the region, covering Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Nicaragua and Panama.
While building 80,000-barrell, double-hulled liquid fuel barges, Senesco Marine is also working on a piece of a major construction project in New York City. The project is the building of the Pier 79 Ferry Terminal. Senesco Marine has been contracted to build three of the main passenger floats for the Pier 79 Terminal. When complete, the passenger floats will be 104 x 35 ft. The construction project is located on West 39th Street, extending 100 ft
The Washington State Department of Transportation announced a realignment of two key programs – Vessel Engineering and Vessel Maintenance. This step is part of Secretary of Transportation Paula Hammond’s commitment to improve the organizational structure and performance of the ferry system. The two programs have become one under the direction of Paul Brodeur, the new Ferries Division Director of Vessel Maintenance, Preservation and Engineering
Six new vessels introduced by Viking River Cruises & an expanded program of international river cruises in 2013 In addition to the six state-of-the-art Viking Longships launching in 2012, Viking will continue expansion in 2013 with the launch of six additional Viking Longships: Viking Bragi, Viking Forseti Viking Rinda, Viking Skadi, Viking Tor and Viking Var. Designed by celebrated maritime architects Yran & Storbraaten—the team behind the Disney Dream and the Yachts of Seabourn
The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling. The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale. Bahri mention that they had previously announced the signing of six ship building contracts to acquire six new general cargo vessels to replace the older fleet in this sector which have completed their useful life
The Port Newark Container Terminal (PNCT) will celebrate its official grand opening of the $175 million terminal redevelopment project at a ribbon-cutting ceremony tomorrow, September 26, 2002. The ceremony will begin at noon at the PNCT facility, located at 241 Calcutta Street in Port Newark, NJ. Joseph Assante, president of Port Newark container Terminal, will host the event and HRH Prince Andrew, The Duke of York will be guest of honor
The National Waterways Foundation has elected six new trustees at its recent meeting in October in Chicago, IL. They are Rev. Dr. Jean Smith , Executive Director, Seamenâ€™s Church Institute (New York, NY); Ms. Teri Goodmann , Development Director, Mississippi River Museum and Aquarium (Dubuque, IA); Mr. Charles Jones , Chairman of the Board, Amherst/Madison Coal & Supply Company (Charleston, WV); Mr. Terry Becker , President, Riverway Co. (Minneapolis, MN); Mr
Rolls-Royce has opened a new marine service centre in Genoa, Italy. The global marine services network is dedicated to helping customers maximise the operational capability of their vessels and manage their costs most effectively. Headquartered in Singapore, the network now includes facilities in 32 countries and employs more than 1,000 support staff, engineers and technicians around the world. The 4,000 square metre marine service centre in Genoa consolidates two offices and provides
$14.6 MILLION IN NEW COST‐REDUCING SHIPBUILDING R&D PROJECTS The Executive Control Board of the National Shipbuilding Research Program (NSRP) has awarded funding for six new research and development projects to continue the program’s mission to reduce the costs associated with U. S. shipbuilding and ship repair. These new projects, valued at approximately $14.6 million in both Navy funding and industry cost share
Global non-vessel operating common carrier (NVOCC) and ocean freight consolidator CaroTrans announced a new weekly less than container load (LCL) service from Atlanta to major markets in Japan including: Tokyo, Yokohama, Kobe, Nagoya and Osaka.
Japanese Astomos Energy Corp. has announced that it has signed a cooperation agreement with ENEOS Globe Corp. aimed at merging the two companies' gas fleets, thereby creating a new giant in the booming tanker market. The two partners will tap opportunities to best create an
The Indian Navy will soon invite tenders for building six conventional submarines after a high-level committee of the Defence Ministry submitted its report identifying shipyards capable of executing the about $10.1 billion project.
The Ledcor Group of Companies announced that it has taken delivery of six new cargo barges to serve clients in southwest B.C. Ledcor said its marine division has grown significantly since its inception in 2012 and is on target to double its fleet size by 2016
Shanghai Waigaoqiao Shipbuilding (SWS), a yard owned by the industrial conglomerate China State Shipbuilding Corp (CSSC), has secured a US$312million loan from the Export-Import Bank of China to build three 18,000 teu containerships.
Mitsui O.S.K. Lines, Ltd., today announced the delivery of the LNG carrier Papua by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) on January 30. The Papua is the first in a series of four ships to be built by Hudong to provide LNG transportation for the PNG LNG project in Papua
Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company. The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in
It’s a spectacularly atrocious time for U.S. coal companies. Demand for coal domestically is not what it was—and likely never will be—so producers have cast their gaze abroad, where they hope Asian markets respond as domestic ones fail
Governor Bobby Jindal and Viking Cruises Chairman Torstein Hagen announced the selection of New Orleans as the homeport for Viking River Cruises’ first North American river cruise itineraries. The Mississippi River cruises will operate from docking facilities near the French Quarter
French container line operator CMA CGM has announced that its 2014 net consolidated profits rose by 43% over the previous year to USD584 million thanks to a growth in volume and significantly reduced costs. Consolidated operating revenue for the company increased by 5
The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced. No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17
The CMA CGM Group informs it has taken a strategic stake in the 25-years old Indian logistics company LCL Logistix, via the group’s freight forwarding and logistics solutions subsidiary CMA CGM LOG. CMA CGM LOG said it reinforces its position in India and will leverage LCL
Six new hybrid rubber-tired gantry cranes (RTGs) powered by Corvus Energy to be installed in Waigaoqiao Terminal, Shanghai Corvus Energy announced it will provide the battery systems for an additional six new integrated hybrid solutions for new rubber-tired gantry cranes (RTGs) that will
CMA CGM Group will work with Cuban company Almacenes Universales SA to run a logistics complex serving the Port of Mariel, giving a boost to the island’s effort to make itself a transshipment hub. CMA CGM, the world’s No
Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee Chairman Lamar Alexander (R-TN) for the 26-4 vote approving the FY 2016 appropriations bill that increases funding for