Kvichak Marine Industries informs it continues to expand production of its high performance vessel line with delivery of another Response Boat - Medium Commercial Kvichak, a Vigor company, delivered a fourth, 45-foot Response Boat - Medium C (RB-M C) to its longtime customer, the New York Police Department Harbor Unit. The Kvichak RB-M C is the commercial variant of the Response Boat - Medium (RB-M), purpose built for the U.S. Coast Guard. To date, 174 RB-Ms have been delivered to the Coast Guard. The vessel was designed by Kvichak in partnership with Camarc Design for high speed and high performance, including tactical handling and specialized mission capabilities, the shipbuilder said. The commercial variant offers more crew comfort and amenities than the RB-M but features the same exacting capabilities needed for maritime security. “It has proven itself to be ideal for patrol, law enforcement and search and rescue operations,” said Art Parker, Vigor Business Development Manager. “Kvichak has built six RB-M Cs for three different police departments to date and is in active negotiations for more at home and abroad.” Following its merger with Vigor last year, Kvichak has steadily expanded both its production capabilities and its international footprint in high performance vessels
718-ton absorption tower discharged at Louisiana Ave. wharf Fracht USA/Germany, a global freight forwarder, completed one of the heaviest project cargo lifts in the Port of New Orleans’ history January 12, discharging a 718-ton, 164-foot-long absorption tower from ship-to-barge. The SAL Amoenitas arrived at the port’s Louisiana Avenue Terminal January 10 after a 45-day trip from Shanghai, China
OW Bunker highlighted the potential safety issues that ship owners and operators will face in Turkish waters when new local sulfur legislation comes into force from January 1, 2012. The ruling, delivered by the Turkish Chamber of Shipping and the Turkish General Directorate of Marine Transport states that: ‘…marine fuels whose sulfur content exceeds 0.1% by mass cannot be used as of 01.01.2012 in the inland vessels and in the vessels on the quay.’
Ship Finance International Limited (NYSE:SFL) has agreed to terminate chartering agreements with Horizon Lines, LLC relating to five of its vessels. Ship Finance will receive as termination compensation $40 million in second lien notes issued by Horizon Lines and warrants exercisable into ten percent of the common stock of Horizon Lines, Inc. as part of the restructuring outlined below. The 2,824teu vessels were built in Korea in 2006 and 2007
Maersk Line announced it has today ordered 11 new ultra-large second generation Triple-E containerships from Daewoo Shipbuilding & Marine Engineering (DSME). Ordered to replace smaller, less efficient ships in the Maersk Line fleet, the new vessels will be the shipper’s largest and are intended to enter Asia - Europe service between April 2017 and May 2018. They will sail under Danish flag.
Farrell Lines announced the addition of two U.S. flag roll-on, roll-off vessels into its fleet, the Alliance Beaumont and Alliance Charleston. These ships complement the Alliance St. Louis and Alliance Norfolk, which have been U.S. flag vessels since February 2008. The Farrell Lines fleet now consists of four roll-on, roll-off vessels. The Alliance Beaumont was brought under the U.S. flag on February 21 in Dubai, and this vessel will participate in the Maritime Security Program (MSP)
Globe Wireless has been selected by “K” Line to provide a turnkey implementation of the Inmarsat FleetBroadband service. “K” Line is a large ship owner/operators, which includes container ships, car carriers, bulk carriers, gas carriers and tankers. The signed agreement between “K” Line and Globe Wireless entails the up gradation of its service in the vessels presently using the Globe Wireless network
Three further K Line vessels to install ClassNK-NAPA GREEN eco-efficiency software after reporting fuel savings during trials on an 8,600 TEU container vessel NAPA and ClassNK announced a deal with Kawasaki Kisen Kaisha Ltd. (K Line) to install an eco-efficiency and operational optimization solution, ClassNK-NAPA GREEN, on three additional vessels. The vessels will be fitted with the software in June 2015 after the ClassNK-NAPA GREEN suite of systems proved itself on a
Carnival Corporation reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion, along with options for two additional vessels. The agreement calls for the construction of four new vessels (one each for Costa Crociere, Holland America Line, Carnival Cruise Lines, and Princess Cruises); the two additional vessel options are for Carnival Cruise Lines and Holland America Line.
The maritime industry often presents unusual hazards to those who perform the wide variety of work associated with the business of shipping – especially at waterfront facilities. A pickup truck was recently dragged into a harbor by a mooring line that was being hauled in by a ship’s mooring winch. The shore-side line handler that was using the truck to assist with the evolution narrowly escaped injury and possible death by quickly jumping out of the truck before it was
When Hanjin Shipping, Korea's largest and one of the world’s top ten container carriers, filed filed for court receivership after losing the support of its banks, its assets left frozen as ports from China to Spain denied access to its vessels.
The three big Japanese marine transport firms - Nippon Yusen Kabushiki Kaisha (NYK Lines), Mitsui O.S.K. Lines and Kawasaki Kisen - are decreasing the number of containerships and bulk carriers in their fleets by 10%, reports Nikkei.
Ship Finance International Limited earnings missed the Street expectations for the second quarter. Quarterly charter revenues $159m versus $174m in last quarter. The company reported net income of $38.81 million down from $46.8 million in the year-ago quarter.
The Company: McAllister Towing & Transportation operates a fleet of more than 75 tugboats, crew boats and barges in 17 locations along the U.S. East Coast from Portland, ME to San Juan, PR. The fleet consists of 28 Z-Drive/ Tractor tugs, 11 Tier II compliant tugs
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has successfully led the disconnection and towing operations of the Njord A semi-submersible floating production platform from the Njord field
Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets. South Korea's Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing the support of its banks, setting the stage for its assets to be frozen as ports from
Following markedly slow growth of just 3.5% in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1% in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016
South Korea’s biggest container shipping line Hanjin Shipping Co has decided to apply for court receivership after lenders halted all support, says a report in Bloomberg. A Reuters report also says that it would file for court receivership after losing the support of its banks
Set to launch at SMM 2016 in Hamburg September 6-9, 2016, the new Wärtsilä Sea-Master system uses digital technology to monitor shaft bearings and seals to help customers maximize uptime and lower lifecycle costs of vessel shaft lines.
DuPont, through its subsidiary Belco Technologies Corporation (BELCO), is installing the first of its proprietary in-line, multi-engine marine scrubbers serving three auxiliary engines on two newbuild bulk carriers. DuPont has submitted a patent application for this scrubber inlet
RSC Bio Solutions, a global leader in environmentally acceptable lubricants (EALs) and cleaners, will launch a new revolutionary product line of sustainable lubricants at SMM 2016 in Hamburg, Germany. These new products have the potential to improve operational efficiency
ABB has launched a new torque monitoring system called Torductor Marine, which is aimed at optimizing engine and fuel efficiency in the maritime sector. The new offering will fit into ABB’s Marine Software portfolio, which visualizes the data for the onboard crew and can be shared with the
A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.
Krishnapatnam, the country’s largest all-weather; deep water port on the east-coast of India has marked another milestone towards operational excellence as it launched its weekly mainline service from China to Krishnapatnam Port. The service to be operated by Maersk line in partnership with
The Korea Shipowners’ Association (KSA) has officially suggested Hanjin Shipping merge with Hyundai Merchant Marine (HMM) to prevent court receivership and liquidation, reports Business Korea. This is the first time that the industry recommends the merger of the two