Ulstein Announces Good Results

Thursday, May 24, 2012

Ulstein Group delivers solid results for 2011. The group had an operating income of $350m and an operating profit of $42.3m.  At the end of 2011, Ulstein Group had an order reserve of $383.2m.

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Maritime Reporter November 2015 Digital Edition
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AMC’s Tempest in the Water

Aluminium Marine Consultants (AMC) lowered the new Crew Transfer Vessel Tempest into the water for the first time on November 16, 2015, on time and on schedule for handover mid December.

Damen’s Norway Foray

The Damen Shipyard Group’s man in Norway likes picking up the phone these days. With offshore markets in the doldrums, a unique phenomenon is occurring: “Norwegians are talking to me,

VT Halter Launches Barge for Bouchard

VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems) and Bouchard Transportation Co. announced that Barge B. No.


NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday.

Opportunities for Growth as Chinese Economy Evolves

The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years.   Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates.

EuronavSells Suexmax Cap Laurent

Euronav NV announced the sale of its Suezmax Cap Laurent for $22.25 million. The 1998-built 146,145-dwt vessel was wholly owned by Euronav.    The vessel was

Naval Architecture

When Using CFD Simulations, an Analysis of Anti-Roll Tanks (ARTS)

In 2014, the behavior of anti-roll tanks was studied at MARIN by using ReFRESCO CFD simulations to fully understand the working principles.   In 2014, the behavior

Volvo Penta IPS for New Tampa Bay Pilot Boat

The new Chesapeake-class MKII launch delivered this month by Gladding-Hearn Shipbuilding to the Tampa Bay Pilots Association features integrated engine and drive from Volvo Penta.

Australia Submarine Program Enters Next Phase

Evaluation of Australia’s Future Submarine program proposals will now commence with all three potential international partners submitting their proposals in full,

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