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Systems Signs

ABS Nautical wins Two More Clients

ABS NS Logo from Web.jpg

ABS Nautical Systems Sign Two New Customer in Greece.    ABS Nautical Systems has signed contracts with TMS Bulkers Ltd. and TMS Dry Ltd. for use of its NS5 Enterprise software.  The Greece based bulk carrier operating companies for the TMS group were both looking to improve the machinery and structural assessment programs that are already in place.   Both companies will implement the Hull Inspection and Maintenance & Repair software through the ABS Newbuild Program, which offers free software to ABS-classed vessels built after 1 January 2009.  These solutions will provide the tools necessary to monitor the structural condition of their vessels while managing the functions of vessel maintenance.   TMS Bulkers Ltd. will utilize the software on six of its bulk carriers, while TMS Dry Ltd. will implement on 19 of their bulk carriers.   Earlier this year, TMS Tankers Ltd., also part of the TMS Group, began implementation of the NS5 Enterprise Hull Inspection module on 37 of its ABS-classed vessels.

Xsens to Supply Sagem with DSP Module

Xsens, a supplier of 3D motion tracking systems, signed an agreement today with Sagem (Safran Group) for the supply of advanced sensor fusion signal processing modules for integration in a new line of inertial system products from Sagem. Sagem chose Xsens after a careful technology and supplier selection process. As part of the supply agreement, Xsens has customized its proven 3D motion tracking sensor fusion algorithms to take full benefit of Sagem’s advanced Coriolis resonating gyros

ABS Nautical Systems signs Nordic Hamburg Shipmanagement

Nordic Hamburg Shipmanagement GmbH & Co. has signed a contract with ABS Nautical Systems to utilize multiple modules from the NS5 Enterprise software suite. The company is replacing its existing system with NS5 Enterprise because of its user-friendly features, system stability, effective customer support and robust replication and system administration mechanisms. Nordic Hamburg plans to install NS5 Enterprise’s Maintenance Manager, Purchasing and Inventory

UltraStrip Signs Agreement with BAE Systems

UltraStrip Systems, Inc. announced the signing of a five year exclusive agreement with BAE Systems ship yard subsidiaries in San Francisco and San Diego to provide its patented robotic automated waterjetting technology equipment and services. UltraStrip's robotic technology will perform high speed coating removal services to the shipyard's customers, including U.S. Navy vessels, oil tankers, cruise ships, bulk carriers, and container ships. BAE Systems San

New Zealand Navy Extends OSI Support Contract

OSI Maritime Systems (OSI) announced that it has signed a contract to provide in-service-support for the Integrated Navigation and Bridge Systems (INTS) that the company has delivered and installed across the Royal New Zealand Navy fleet. Under the terms of this contract, OSI will act as the design authority, and provide software and hardware upgrades, engineering support and training services. OSI has been supporting the Royal New Zealand Navy warships’ integrated navigation

ECPINS Nav Systems for Brazilian Subs

Offshore Systems Ltd said its sister company, CHI Systems, OSI Geospatial’s US Operations, signed a $925,000 contract with Lockheed Martin’s Undersea Systems business unit to supply the Brazilian Navy with 6 ECPINS submarine navigations systems. These systems will be integrated into Lockheed Martin’s Submarine Integrated Combat Systems (ICS) that will be delivered to the Brazilian Navy.

OSI Geospatial, L-3 Communications Sign Agreement

OSI Geospatial Inc. signed a teaming agreement with the Marine Systems division of L-3 Communications Corporation to pursue opportunities in the worldwide naval market. Under the terms of the agreement, the companies will jointly market and sell products including integrated bridge systems, navigation systems, homeland security systems, geospatial applications, command and control systems, and related training and human engineering applications.

Northrop Grumman Awarded Contract for UK Aircraft Carriers

LONDON, March 29, 2011 /PRNewswire/ -- Northrop Grumman Corporation's (NYSE: NOC) Sperry Marine business unit has signed a full production contract for the Integrated Navigation Bridge System (INBS) for the U.K. Ministry of Defence's (MoD) Queen Elizabeth Class (QEC) Aircraft Carrier Programme. The company also signed a design phase contract for the Navigation Lights, Shapes and Sounds (NLSS). Terms of the contracts were not disclosed.

You've Got Mail: 'Ferry Delayed'

It's never easy being a commuter across Puget Sound. Vessels break, weather intrudes and boats overload. But it just got a little bit easier. Washington State Ferries has introduced a new service to help commuters plan their trips, in spite of breakdowns or weather problems. The new service, email notification, sends electronic messages to customers signed up for a specific route or routes. The service is working for many ferry commuters

Visma, Arena To Offer E-Commerce Software To Shippers

Norwegian software supplier Visma ASA signed an agreement of intent with Hong Kong-based Arena to deliver e-commerce solutions to the shipping industry. Arena, which has Hutchison Whampoa and Electronic Data Systems Corp. as main shareholders, has established an electronic handling system to be used by shipping firms and shipping equipment suppliers. Visma officials said the agreement with Arena included a close integration between Visma's AMOS purchase software and Arena's handling system

TMS Cardiff Gas Orders First LPG Carriers

Courtesy TMS Cardiff Gas

  TMS Cardiff Gas Ltd. has signed a contract with Hyundai Heavy Industries of Korea for the construction of two 78,700 cbm LPG carriers with the option to build another two. The vessels are scheduled for delivery in Q2 and Q3 2017, when they will enter into time charter contracts with Shell

RigNet Partners Inmarsat to Offer Fleet Xpress

Mark Slaughter, RigNet’s CEO and President Courtesy Linked in

  RigNet, Inc., a global provider of remote managed offshore communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry, today announced that it has signed an agreement with Inmarsat to offer Fleet Xpress

Teekay Secures $1bln from Chinese Bank

 Teekay Corporation announced today it has entered into a framework cooperation agreement with the Export-Import Bank of China (CEXIM) for up to $1 billion in new loan facilities.   The loan facilities would be made available to Teekay and its subsidiaries

Acta Marine Inks VSAT Deal with Alphatron Marine

(Photo: Alphatron Marine)

Alphatron Marine announced it has signed a leasing agreement with Acta Marine for to provide satellite hardware and data solution packages for 13 vessels.   Alphatron Marine’s VSAT system including Wireless access will be integrated into the IT infrastructure on the Acta Marine fleet

Wärtsilä to Optimize GasLog's LNG Carriers

GasLogs Santiago vessel (Photo: Wärtsilä)

Wärtsilä informs it has signed a maintenance agreement with the GasLog LNG Services Limited that aims to ensure the reliability of operation of GasLog's seven LNG carriers, each having a cargo capacity of 155,000 cbm.   According to Wärtsilä

GC Hidromek, Aker JV to Develop Dredgers

  GC  “Hidromek”  (Russia) and Aker Arctic (Finland) have signed the strategic partnership agreement  at NEVA 2015 GC “Hydromech” (Russia) Inc and Aker Arctic (Finland) signed an agreement on strategic partnership at the NEVA 2015 International

Aruba, Citgo sign MOU to Explore Refinery Restart

Aruba's Energy Ministry said on Friday it has signed a memorandum of understanding with PDVSA's U.S. unit Citgo Petroleum to explore reopening and operating the island's refinery, idled since 2012. The 235,000-barrel-per-day refinery was operated buy U.S

WSS Acquires TIMM AS

Bjørge Grimholt WSS President

Wilhelmsen Ships Service has signed a definitive agreement to acquire TIMM AS. “The Timm acquisition reinforces our position as a global player within marine products,” says Bjørge Grimholt, President at Wilhelmsen Ships Service (WSS).

Greece Eyes Shipping Money

Theodore Dritsas. Photo Credit: Tovima

Greece's returning Prime Minister Alexis Tsipras decided to break up the "super-Ministry" of the Economy, Shipping and Tourism.   The shipping portfolio was handed to Theodore Dritsas who will head a stand-alone Ministry of Shipping

UK Chamber signs MOU with Society of Maritime Industries, British Marine

Photo: UK Chamber of Shipping

 The UK Chamber of Shipping has signed a Memorandum of Understanding with the Society of Maritime Industries and British Marine, to set out the basis for the three organisations to work together for the benefit of the industry as a whole.  

GTT’ Mark V Earns DNV GL General Approval

GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced that its new containment system Mark V has been granted General Approval for Ship Application (GASA) by classification society DNV-GL.  

Diana Containerships Sheds Panamax Boxship

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Press release - Diana Containerships has signed a Memorandum of Agreement to sell to an unaffiliated third party the 1995-built vessel "Garnet" (formerly "APL Garnet") for demolition, with delivery due to the buyer by the end of September 2015

US Oil Drillers Cut Rigs for Third Week on Weak Crude Prices

U.S. energy firms cut oil rigs for a third week in a row this week, data showed on Friday, a sign the latest crude price weakness was causing drillers to put on hold plans announced several months ago to return to the well pad.   Drillers removed 8 rigs in the week ended Sept

APM Terminals Liberia Sees Economic Recovery

George Adjei at New York Investment Conference

  Addressing the US - Liberia Trade & Investment Forum in New York City, APM Terminals Liberia Managing Director George Adjei points to a 30% increase in import container traffic at Liberia’s largest port as a reason for great confidence in Liberian investment.  

China Exim Bank Backs Seaspan

Image: Seaspan Corporation

 Seaspan Corporation has lined-up a $1bn worth of export credit facilities with the Export-Import Bank of China (CEXIM).   Seaspan has signed a Framework Cooperation Agreement with the Export-Import Bank of China (CEXIM) for a total of up to $1 billion in export credit facilities.

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