The U.S. Navy has certified three vessels to navigate without paper charts using Electronic Chart Display and Information Systems-Navy (ECDIS-N) supplied by Northrop Grumman Corporation. The three vessels â€“ USS Antietam (CG 54), USS Stethem (DDG 63) and USS Oklahoma City (SSN 723) â€“ join USS Cape St. George (CG 71), which was the first U.S. Navy ship to be approved for paperless navigation. The ECDIS-N systems were supplied by Northrop Grummanâ€™s Sperry Marine business unit under a fleet-wide program to upgrade the Navyâ€™s surface ships and submarines with ECDIS-N in support of a Chief of Naval Operations (CNO) directive to institute paperless navigation across the entire fleet.
North Florida Shipyards completed its contract for the fabrication and installation of a spar deck on RoRo vessel Cape Rise owned by the U.S. Maritime Administration. Completed one week ahead of schedule, this is the third of a three-vessel contract - completed on schedule. The first two of the vessel series, Cape Race and Cape Ray owned by MarAd and operated by Intrepid Ship Management, were also outfitted with a spar deck measuring 42,000 sq. ft
ABB has been awarded contracts worth $140 million to supply its Azipod® propulsion systems for three vessels and electrical power systems for 11 vessels and two semi-submersible drilling rigs. The orders, all booked during November 2005, include: Six 10 Megawatt (MW) Azipod propulsion units for three Arctic shuttle tankers being built for Russia’s Sovcomflot at Samsung Heavy Industries in South Korea for delivery between 2007-2009
CMB confirms that its subsidiary Bocimar International has acquired three capesize newbuilding vessels for a total purchase price of $188 million. The first vessel, SWS 1028 (Shanghai Waigaoqiao Shipyard) - for which Bocimar concluded a three-year time charter contract in April 2005 - is obtained from Teh Hu (Hong Kong). It concerns a 175,000 dwt newbuilding that will be delivered in the third quarter of 2006. The other two vessels, SWS 1048 and SWS 1049, have been bought from
Danaos Corporation announced that it has ordered three 10,100 TEU containerships. All three Post Panamax containerships will be built by Hyundai Samho Heavy Industries and are expected to be delivered to Danaos in January, February and March of 2011. Danaos has also arranged for a large international liner company to charter all these vessels for 12 years each, at accretive rates. This deal increases Danaos' contracted fleet of newbuildings to 34 vessels with a total carrying capacity of
Crude Carriers Corp. (NYSE: CRU) announced that on March 26 it took delivery of the M/T Alexander the Great, a very large crude carrier (VLCC) with carrying capacity of 297,958 mt, from Universal Shipbuilding Corporation at the Ariake Shipyard in Japan. The M/T Alexander the Great is the first of the three vessels comprising the company's initial fleet and was acquired at a purchase price of $96.5m. The remaining two vessels, the M/T Miltiadis M II
The Ships Equipment Division of ship service specialist Unitor has won the contract to supply fire protection systems to four 93,450-grt, 138,000-cu.-m. LNG carriers building at Spain's Izar for transportation of natural gas been the Caribbean and Spain and Egypt and Spain. Under the terms of the deal, Unitor will deliver its advanced HotFoam, water mist and CO2 engineroom fire protection systems to the four LNG newbuildings under construction at Izar's Bilbao and Sestao shipyards.
About 72 passengers are still missing from a ferry that sank in waters off Kupang in Indonesia's East Nusa Tenggara province, China View reported. Search and rescue teams are still trying to find the 72 missing passenger. Most of the passengers on the ferry are presumed to have drowned. Rescue teams found 34 bodies and 125 other passengers floating in the sea. Most of the passengers had life jackets. Search and rescue team would continue searching for the missing people until February 7-- a
According to Financial Mirror, Ocean Tankers Holdings Public Co. will be the first ocean-going shipping company to go public on the Cyprus Stock Exchange later this summer, after the Nicosia bourse failed to attract the flotations of three other Cypriot-owned shipping companies. Stelios Haji-Ioannou’s Stelmar, Charalambos Mylonas’ Transmed and the Mouskas family’s Zela Shipping were all companies that took a stab at the island’s exchange and gave up as the CSE authorities
The EU NAVFOR reported that over a period of 15 days, piracy of three merchant vessels was prevented through the use of Best Management Practices, proving the value of such self-protection measures. On 10 October, the MV Kavo Portland, transiting approximately 1,000 nautical miles from the coast in the Somali Basin and the MV Anuket Jade, transiting close to the Tanzanian coast, both reported they were attacked by groups of pirates using rocket propelled grenades or firing.
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargos and offshore contract drilling oil services, announced today the receipt of a firm commitment letter from Nordea Bank for an up to $170 million senior secured credit facility to finance nine drybulk
Ship Finance International Limited (SFL) announced that it has agreed to sell the 1999 built VLCCs Front Opalia, Front Comanche and Front Commerce to an unrelated third party. The company has simultaneously agreed to terminate the corresponding charter parties with a subsidiary of Frontline Ltd
The Piracy Reporting Centre (PRC) of the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) raises concerns over a worrying trend of small tanker hijacks in its 2014 half yearly report. Globally, 116 incidents of piracy and armed robbery against ships have been
Greece-based Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has reported net income of $0.6 million for the second quarter of 2014, compared to a net loss of $5.0 million for the respective period of 2013
Q1 2014 revenue up 7% over Q1 2013 to US$ 89.4 million as a result of the expansion of the core vessel fleet and high vessel utilization. Topaz Energy and Marine has announced the results of its subsidiary Nico Middle East Ltd. (“NMEL”) for the three months ended 31 March 2014
Fugro is expanding its survey fleet in the Gulf of Mexico (GoM) to include a new AUV, Echo Surveyor VII, and a new vessel, R/V Fugro Americas. ““Both these impending launches indicate our strong capabilities and commitment to our clients in the GOM and internationally
Rolls-Royce has been contracted to install its Promas Lite propulsion system on four Finnlines ships, all to be delivered later this year. Promas Lite is an integrated propeller and rudder system designed to increase efficiency, specifically for retrofitting to existing ships.
Rolls-Royce has been contracted to install its innovative Promas Lite propulsion system on four Finnlines ships, all to be delivered later this year. Promas Lite is an integrated propeller and rudder system that increases efficiency and is designed specifically for retrofitting to existing
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the Hanjin Namu. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design
Corvus Energy and Scandlines announced today the completion of the commissioning for the Scandlines’ fleet of hybrid ferries: the M/V Deutschland, M/V Schleswig-Holstein and M/V Prins Richard. According to the companies, the vessels represent the largest fleet of hybrid ferries in operation
GasLog Ltd. announced that it successfully completed the acquisition of three LNG carriers from an affiliate of BG Group plc (“BG”), which was previously announced on April 10, 2014. This completes the second acquisition of ships from BG by GasLog in 2014
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the Hanjin Tabul. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design
Fugro Proteus the first of three vessels to be delivered to Fugro in 2014. Fugro has taken delivery of the first of three Fugro Offshore Coastal Survey Vessels (FOCSV) being built by Damen. The first of a new class, the Fugro Proteus is a compact
EURONAV has entered into an agreement for the purchase of four modern Japanese built VLCC vessels for an aggregate purchase price of $342 million. The vessels are on average three years old. This acquisition fits into the company’s strategy to further strengthen its position as the leading
Maersk Tankers, a unit of A.P. Moller-Maersk, said on Thursday it had quit four unprofitable crude oil charter contracts by buying out supertankers and selling them onwards, continuing its exit from crude oil transportation. The company now has charters for just two supertankers