SeaBird, Update on Planned OBN Vessel
SeaBird Exploration PLC (SeaBird or SBX) has over the last few months worked with a Norwegian shipyard to develop and plan the construction of a second vessel in…
South Korea Shipyard Stocks Surge
According to a report from Bloomberg, Hyundai Heavy Industries Co. (009540 KS) surged 11% percent after receiving an order for two LNG ships Dynagas Ltd. of Greece, Samsung Heavy Industries Co.
MV Khaled Muhieddine Released by Pirates
On the morning of 26 May, the MV Khaled Muhieddine, which was pirated on 20 January 2011, was released from pirate control after 126 days. The crew of 22 Syrians and 3 Egyptians are all well.
Thordon Bearings Shortlisted for Environmental Award
Canadian manufacturer, Thordon Bearings’ seawater lubricated propeller shaft bearings have been shortlisted for the Ocean Environmental Protection Award at the 2011 Sustainable Shipping Awards to be held in London, England, July 7, 2011. There are currently over 2000 ships using Thordon seawater lubricated propeller shaft bearings and that list is growing. Thordon’s bearing system completely eliminates…
FLAGSHIP Project Delivers Outstanding Results
On May 31st 2011 FLAGSHIP, a part EU-funded maritime transport project, will conclude having facilitated the research and development of no less than 10 new maritime solutions, from multiple European companies. All the new products and systems directly and indirectly improve the safety, environmental friendliness and competitiveness of European maritime transport – in precise alignment with the FLAGSHIP programme’s objectives.
Seanergy Maritime Charter Extensions
Seanergy Maritime Holdings Corp. (NASDAQ:SHIP; SHIP.W) announced today that it has entered into agreements with MUR Shipping BV to extend the time charter contracts for the Company’s Handysize vessel M/V African Oryx and its Handymax vessel M/V African Zebra, in direct continuation from the end of the minimum period of the previous charter parties of the two vessels. The charters have been extended for a period of 22 to 25 months…
Ecore: A Step Change in VLOC Design
Together with FKAB, TGE Marine, Cargotec and MAN Diesel & Turbo, DNV has participated in a joint industry project to develop Ecore, a Very Large Ore Carrier concept designed to lower fuel costs and improve loading efficiency. Based on existing technology, the Ecore concept represents a step change in VLOC design. Powered by two-stroke dual fuel ME-GI engines, this concept features a more ballast friendly hull shape…
ASA Boot Electro New Offshore Systems Distributor
Leading UK manufacturer of NMEA2000® digital boat management products Offshore Systems has appointed a distributor in the Netherlands, ASA Boot Electro B.V. ASA will distribute Offshore Systems’ range of tank senders, gauges, sensors and display units. “The Dutch boat building sector is an important market for us,” explains Bruce Coward of Offshore Systems. Located just north of Amsterdam, ASA Boot Electro B.V.
First Solar-Power-Assisted Vessel in Development
Nippon Yusen Kabushiki Kaisha (NYK Line; head office: Chiyoda-ku, Tokyo; president: Yasumi Kudo), Kawasaki Heavy Industries Ltd. (KHI; head office: Kobe-shi, Hyogo Prefecture; president: Satoshi Hasegawa), the Monohakobi Technology Institute (MTI; head office: Chiyoda-ku, Tokyo; president: Yutaka Yasunaga), and Nippon Kaiji Kyokai (ClassNK; head office: Chiyoda-ku, Tokyo; chairman and president: Noboru…
General Dynamics NASSCO $744M Contract
SAN DIEGO – General Dynamics NASSCO announced today that it has received from the U.S. Navy a $744 million modification to its Mobile Landing Platform (MLP) contract to fully fund construction of the first two ships of the new ship class. Construction of the first ship will begin immediately, with delivery to occur by the spring of 2013. The contract includes an option for the construction of a third MLP which, if exercised, will increase the total contract value to approximately $1.3 billion.
Converteam Delivers First 36MW Generator
Power conversion specialist Converteam has shipped the first of two massive 75 tonne, 36 Megawatt generators designed specifically to match the electrical power requirement of the propulsion motors for the Royal Navy's Queen Elizabeth Class (QEC) aircraft carriers. These are major components of the electrical system for the two new 65.000 tonne ships for which Converteam has designed the innovative Integrated Full Electric Power (IFEP) and propulsion system.
Northrop Grumman Maintenance Contract, Peter Döhle Ships
Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has been awarded a one-year contract by Peter Döhle Schiffahrts-KG (PDS-KG) and HAMMONIA Reederei (a joint venture between PDS-KG, HCI Capital AG and GE Transportation Finance, Inc.) to provide worldwide service and maintenance for more than 135 ships. Under the contract, Northrop Grumman Sperry Marine will be responsible for all shipboard service…
AAPA Lauds Committment to Fix HMT Inequity
Chairman Mica's vision for reauthorizing the nation's surface transportation legislation goes beyond the traditional "highway bill" approach and is expected to address road, rail, transit and maritime for a comprehensive solution to many of the transportation problems the nation faces. The American Association of Port Authorities (AAPA) has urged the committee to include a maritime title in the transportation…
ShipDecision Comprehensive Emissions Performance Reporting Module
ShipDecision Comprehensive Emissions Performance Reporting Module Developed in Conjunction with Canfornav Inc. Speaking today at the Green Tech conference organized by Green Marine, representatives from Canfornav Inc. and Stelvio Inc. described a new Maritime emissions reporting technology. Shipowner and Operator Canfornav sought to automate the collection of emissions performance data that the company reports annually…
GL Wins 4 Suezmax Tankers
"Nordic Apollo", "Nordic Cosmos" and "Nordic Moon" are now in service with GL classification, "Nordic Neptun" will follow soon. The four Suezmax tankers from Norwegian shipowner "Nordic American Tanker Shipping" (NAT) have been transferred to GL class. The contract was signed in early February in Norway. NAT is the world's third largest stock listed tanker operator. The company operates only modern double hull suezmax tankers.
BMT Achieves Strong Financial Results
BMT Group Ltd, the international design, engineering and risk management consultancy, announced today that it has achieved strong financial results, despite a difficult year for the global economy and the maritime industry in particular. A turnover of £142m provided the group with an underlying operating profit of £11m in the year to 30 September 2010, £5.8m of which has been distributed to the staff through the company’s profit share schemes.
Trailer Bridge Appoints Fernandez As CCO
Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced it has appointed Scott W. Fernandez as Chief Commercial Officer. Mr. Fernandez will be responsible for the Company’s sales and marketing efforts effective immediately, and be based out of the Company’s headquarters in Jacksonville, FL. He replaces Adam E. Gawrysh, Jr. who will leave the Company effective May 27, 2011. Mr. Fernandez joins Trailer Bridge after a 24-year tenure with Horizon Lines LLC…
Box Ships Takes Delivery Of Its Sixth Containership
Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the CMA CGM Marlin, a 5,095 TEU container vessel built in 2007, from a company owned by its Chairman, President and CEO, Mr. Michael Bodouroglou. The CMA CGM Marlin has a fixed rate period time charter term expiring in three years (with the charterer option of plus/minus 45 days) with CMA CGM at a gross daily charter rate of $23…
Wrecks of the World II: Evaluating and Addressing Potential Underwater Threats
Delegates and speakers from around the globe will converge on the Maritime Institute of Technology and Graduate Studies (MITAGS) in the Washington, DC area Linthicum Heights, MD) US to participate in the second Wrecks of the World conference being held June 6-7, 2011. This is a unique opportunity to meet with global experts to explore potentially polluting wrecks and recent incidents around the world.
NSRP Research Announcement to Solicit Proposals
On May 25, 2011, the National Shipbuilding Research Program issued Research Announcement (RA) 10-01. The RA is also published on the Federal Business Opportunities…