EURONAV Q4 2010 Results
The executive committee of Euronav NV (NYSE EURONEXT BRUSSELS: EURN) reported its preliminary non-audited financial results for the fourth quarter and full year 2010.
Stena Bulk, Sonangol Suezmax Pool Reinforced
Stena Bulk and the Angolan oil company Sonangol strengthen the Stena Sonangol Suezmax Pool with the addition of a further two ultramodern tankers. “These tankers will be added to the pool…
New Book: Cost Management in Shipbuilding
Global competition in the shipbuilding industry, which is continuously intensifying due to the entry of developing countries into the shipbuilding market, leads to decreasing margins and enormous cost pressure in this industry. Many shipyards have already gone bankrupt through the inability to keep to their original budget that the offer was based on. In the naval sector it is not unusual to double the originally estimated costs when building the vessel.
Seventh AIDA Ship to Sail with Siemens Technology
Siemens Industry Solutions Division has received an order from the Meyer Shipyard in Papenburg, Germany, to equip another club ship for the AIDA Cruises shipping company with diesel-electric propulsion systems, and power generation and distribution systems. The scope of supply also includes the automation equipment which will control and monitor all the on-board functions. The value of this order lies in the lower double-digit million euro range.
Wärtsilä Scrubber for Containerships Ltd
Wärtsilä has signed a turnkey contract with Containerships Ltd Oy. The agreement covers the retrofitting of a Wärtsilä fresh water scrubber for the vessel Containerships VII, which is equipped with a Wärtsilä W7L64 main engine. This is Wärtsilä's first commercial marine scrubber project for a main engine. The scrubber will be delivered to the customer in August 2011. The conversion will enable the vessel to meet future sulphur oxides (SOx) emission requirements in Sulphur Emission Control Areas.
Bloom N. American Sales Manager, Weld Tooling Corp.
Weld Tooling Corporation has named Dave Bloom North American Sales Manager. He has over 25 years of experience in the steel fabrication industry and is already familiar with Bug-O's products and applications. Mark Binder has been promoted to Director of Sales for Weld Tooling Corporation. Binder has been involved with international and domestic sales for some time and brings many years of experience with the company to the job. Mark Kisasonak has been promoted to Head of Engineering.
Noble Orders Drillship Pair; $1.2B Total
Noble Corporation (NYSE: NE) today announced that a subsidiary has signed a contract with Hyundai Heavy Industries Co. Ltd. ("HHI") for the construction of two ultra-deepwater drillships…
Gibdock Tackles Sixth Special Survey on Comanav Ferry
Gibdock has underlined its strategic location for regional ferry operators following a significant program of work on the ferry Ibn Batouta, for Moroccan operator Comanav.
This Day in U.S. Naval History – January 20
1903 - Theordore Roosevelt issues Executive Order placing Midway Islands under jurisdiction of the Navy Department. 1914 - School for naval air training opens in Pensacola, FL.
This Day in U.S. Coast Guard History – January 20
1914- International Ice Patrol Convention signed. 1961- During his inaugural parade, President John F. Kennedy noticed that there were no African-Americans in the…
NOIA on Dept. of Interior’s New Offshore Energy Oversight Structure
“The industry has been asking for clarity and certainty. Today’s announcement may provide a bit more clarity, but seems to only add to the uncertainty. We now know…
TradeWinds Adds Tug to Fleet
TradeWinds Towing announced the addition of the former Seabulk tug "Challenger" to its fleet. This 3,800 bhp tug with nozzles is presently on an endurance tow to southern Chile. The Challenger and 300-ft x 100-ft heavy deck barge, Marmac 300, (in ballast) will come free in early February in southern Chile. This equipment is available to pick up cargo from the west coast of South, Central or North America. Tug Challenger will then come free in the U.S. Gulf in the first half of March.
Kvichak Delivers Skimmer to Portugal
Kvichak Marine Industries has recently delivered a 30-ft Rapid Response Oil Skimmer fitted with a Kvichak/Marco Pollution Control CL-1 Filterbelt oil recovery module to Administração do Porto de Sines (APS), Portugal. This is the second skimming vessel fitted with the Kvichak/Marco Filterbelt in the APS response fleet, the first was delivered in 1976 and is still in service. Construction of the skimmer was supervised at Kvichak Marine in Seattle by representatives of APS…
Harris Pye Group: No Swansea Dry Docks License
The news that the Harris Pye Group has failed in its attempt to renew the necessary license to develop and expand the Swansea Dry Docks for use for refurbishment…
Tanker Market Outlook: 2011–2015
According to a McQuilling Services Outlook report for 2011-2015, global economic recovery is underway, supported by robust emerging markets growth. Expectations…
Shipping Haisheng Orders Crude Oil Carrier
According to a Jan 19 report from CapitalVue News, China Shipping Haisheng’s wholly-controlled subsidiary, Shenzhen Sanding Oil Trading, ordered a 76,000-ton crude oil carrier for 384 million yuan…
Offshore Wind-Farm Maintenance Vessel Concept
Anglo-Dutch company Offshore Ship Designers has launched a new offshore wind farm maintenance vessel concept which will improve uptime of deepwater wind turbines and reduce maintenance costs and carbon emissions while offering a solution to the logistics problem of carrying out simultaneous multiple wind turbine maintenance. The Sea-Wind WMV vessel design is for a mother ship which would remain on…
Fernandez Joins HMS Global Maritime
HMS Global Maritime has hired Mark Fernandez as General Manager of the Oklahoma City River Transit operation. Fernandez will oversee and manage Oklahoma River Cruises’ three-vessel operation along the seven-mile stretch of the Oklahoma River. Each vessel carries up to 49 passengers on scheduled ferry service from the Meridian Landing, the newly added Exchange Terminal and Regatta Park, with charter services also available.
Joint Venture Company: Marine Accident & Risk Consultants
Two leading companies have come together in a joint venture company, Marine Accident & Risk Consultants (MARC), to provide a comprehensive suite of marine safety management consultancy services. MARC brings together the capabilities of ConsultISM Ltd - an independent organization specializing in the management of marine safety and control of operational risk, and RTI Ltd - specializing in accident investigation and risk management in the marine, aviation and other high risk industries.
Roymar Ship Management Joins Green Marine Program
Green Marine, a program aimed at improving the shipping industry’s environmental footprint, announced that New York-based Roymar Ship Management has become its newest participant.