General Maritime May Buy More Tankers
According to a July 22 report from Bloomberg, General Maritime Corp., which just bought five supertankers, may buy more vessels amid low ship prices. Prices of five-year-old very-large crude carriers…
Singapore's Neptune Orient Orders 10 Ships Valued At $1.2B
Container company Neptune Orient Lines Ltd. (NPTOY, N03.SG) on Wednesday said that it has ordered 10 new ships valued at $1.2b. (Source: The Wall Street Journal)
DEME Group Belgium Uses Wilhelmsen Ships Service
Belgian company DEME Group, which operates a fleet of over 80 dredging vessels, another 200 auxiliary vessels and specialized equipment, has appointed Wilhelmsen…
Air Supported Monohull with Pod Propulsion
Effect Ships International AS, Sandefjord, Norway has just launched their first Air Supported Vessel (ASV) monohull with pod propulsion. The patented ASV technology is the result of more than eight years of R&D, resulting in a full scale 65.6 ft x 17.7 ft test-vessel for demonstration and proof of concept. Up to 80% of the vessel’s operational weight is supported on a cushion of pressurized air. Wetted surface area and friction between hull and water is reduced significantly.
Keel Laying Ceremony for Spearhead (JHSV 1)
Just over six months after the official opening of Austal’s new Module Manufacturing Facility (MMF) in November 2009, Austal USA hosted a keel-laying ceremony at its shipyard in Mobile, Alabama on July 22, to signify the erection of the first modules on the U.S. Department of Defense’s next generation multi-use platform, the Joint High Speed Vessel (JHSV). This is part of a 10-ship program potentially worth over $1.6b.
Companies Brace for Gulf of Mexico Storm
According to a July 22 report from Reuters, energy companies in the Gulf of Mexico were closely monitoring a tropical depression that could become a storm as it crosses the region…
This Day in Coast Guard History – July 23
1836- Seminole Indians attacked and burned the Cape Florida lighthouse during the Second Seminole War. 1947- Congress approved Public Law 219 which provided for…
This Day in Naval History – July 23
1947 - First Navy all jet squadron (VF-17A) receives its first aircraft (FH). 1948 - USS Putnum (DD-757) evacuates U.N. team from Haifa, Israel and becomes first U.S. Navy ship to fly the U.N. flag.
Navios Maritime Appoints Loizos to Board
Navios Maritime Holdings Inc., a vertically integrated seaborne shipping and logistics company, announced the appointment of Efstathios Loizos to its Board of Directors.
Training Course Certified to Ice Navigation Standard
The Ship Maneuvering Simulator Centre of Trondheim, Norway is the first training centre to have its navigation course certified to DNV’s ice navigation standard.
Major Dalian VLCC Contract for OceanSaver
OceanSaver announced that Dalian Shipbuilding Industry Company (DSIC) has ordered ballast water management (BWM) systems for six VLCCs thus lifting the company’s order book to approximately $45m.