SAM Electronics Wins Contract

Wednesday, November 09, 2005
SAM Electronics Nederland of Rotterdam, a subsidiary of Hamburg-based SAM Electronics, has been awarded a major contract for supply of NACOS 34-5 integrated navigation command systems and associated equipment for installation aboard four 17,300 dwt multipurpose carriers under construction at the Hudong Zhonghua Shipyard in Shanghai for delivery to Wagenborg Shipping in 2007; options to similarly equipment a further two scheduled vessels are pending. The systems, featuring integrated radar, track control and Ecdis functions, will be supplemented by provision of Debeg AIS, GPS, VDR and SSAS facilities as well as those for GMDSS communications. Meanwhile, in Holland, Wagenborg Shipping has also commissioned a similar NACOS assembly for its 16,450 dwt container newbuilding being constructed at IHC Holland's Kinderdijke yard for delivery in 2006. These latest NACOS commissionings form part of a total of over 55 navigation and communication equipment orders so far obtained this year by SAM Electronics Nederland for installation aboard a wide range of newbuildings being completed in other Chinese as well as Polish, Turkish and domestic yards.

Contracts

Banks Halt Support for Hanjin

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,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

Education/Training

Jt Study by MOL, Yokohama University for Improving Ocean Shipping Market Forecast

Mitsui O.S.K. Lines, Ltd. today announced that the company and its subsidiary MOL Information Systems, Ltd. have signed a contract with Yokohama National University

SUNY Maritime Among 'Best Bang for the Buck' Colleges

SUNY Maritime College has been named one of the best colleges for its price by Washington Monthly.   SUNY Maritime placed in the top 30 schools in the Northeast.

Coast Guard Foundation Awarded 128 Scholarships

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

 
 
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