National Shipbuilding Research Program Awards
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has awarded funding for six new research and development projects to continue the…
TAIWAN – Research Vessel Ready for Launch
The Taiwan Ocean Research Institute (TORI) is preparing the launch of the new 2.700 ton – ORV, Multi purpose Oceanographic Research Vessel, “RESEARCH V”. The vessel that is being constructed in the shipyard Jong Shyn Shipbuilding Group in Kaohsiung will be launch in June, and will be completed by 2012. Jong Shyn is responsible for the delivery of the complete research vessel to TORI and the Taiwanese science community. TORI is one of the National Applied Reseach Laboratories (NARL) in Taiwan.
Reminder: Providing CPR, No Time to Waste
This Safety Alert serves as a reminder to the international maritime community that when it is necessary to provide a patient Cardiopulmonary Resuscitation (CPR) there is simply no time to waste.
Santiago Shipyard Launches Vessel
According to a report from the Cuba Standard, the Damex Shipbuilding & Engineering shipyard in Santiago — one of the few fully foreign-owned operations in Cuba…
Brazil’s Vale SA Gets Biggest Ore Carrier
According to a report from Dow Jones, Brazilian iron ore miner Vale SA (VALE, VALE5.BR) said it took delivery of the world's biggest ore carrier, a 400,000 tons…
FG, Indian Firm Hold Talks on Shipbuilding
According to a report from ThisDay, the management of an Indian firm, ABG Shipyard, has began talks with the Indian government with a view to setting up a shipbuilding yard in the country.
This Day in U.S. Coast Guard History - May 6
1796-Congress increased the monthly compensation of Revenue Marine officers: masters $50; first mates $35; second mates $30; third mates $25 and mariners $20. 1896…
This Day in U.S. Naval History - May 6
Wilhelmsen Gets Shipping Company of the Year
“Wilhelmsen Ships Service’s position as a front runner in the marine market is confirmed,” said the company’s Sales Director for Africa, Middle East and Black Sea (AMB), Nikolai Norman, as the company scooped the Shipping Company of the Year Award at the annual ShipTek Maritime Awards in Dubai in April. Norman collected the prestigious award for Wilhelmsen Ships Service at a ceremony at Crown Plaza in the Emirate state on 19th April.
Cargotec’s New MacLux Series of Lighting Equipment
Cargotec’s MacLux lighting system for cargo holds uses LED technology to produce a high light output from a low power input. “MacLux is an easy and cost-effective way to increase the safety of working conditions on board by adding light to areas where it is needed, for example cargo holds and lashing bridges, possibly also on RoRo car decks,” said Janne Suominen, Product Manager for new products, Dry Cargo. “We started the development project following feedback from our customers”.
Milestone for Cape Town Container Terminal Expansion
South Africa’s state-owned freight transport and logistics giant Transnet Limited today celebrated a significant milestone in its R5.4 billion expansion of the Cape Town Container Terminal. On completion, the five-year project will double the terminal’s capacity to 1, 4 million TEUs per annum. Speaking at a ceremony attended by Public Enterprises Minister, Mr Malusi Gigaba, Group Chief Executive, Mr Brian Molefe…
Aker Solutions Q1 Results 2011
6 May 2011 - Aker Solutions' operating revenues in the first quarter of 2011 were NOK 12 billion, and earnings before interest, tax, depreciation and amortisation amounted to NOK 1.8 billion, including profit from asset sales and non-recurring items. "The streamlining of our business is nearly complete, and Kvaerner is scheduled to be listed on the Oslo Stock Exchange in July. Solid first quarter earnings…
Eiliv Gjesdal Appointed CFO of Kvaerner
Eiliv Gjesdal has been appointed Chief Financial Officer (CFO) of Kvaerner. Gjesdal is following the appointment of Jan Arve Haugan as President and Chief Executive Officer (CEO). Gjesdal joined Aker Solutions in 2002 and has extensive experience from finance functions in Aker Solutions as well as a background as a state authorised public accountant. Gjesdal startet his carreer as an auditor with Arthur Andersen & Co working with large Norwegian companies.
Fossekall/Dompap contract to Subsea 7
Statoil has awarded Subsea 7 a contract for marine installations and pipe-laying in connection with development of the Fossekall/Dompap discoveries off the coast of Helgeland in northern Norway. The contract value is around NOK 970 million without options and extra charges due to the weather. Discovered one year ago, Fossekall will also make it possible to develop the earlier find Dompap. This is Statoil’s fifth fast-track development and the largest so far.
CMA CGM To Launch New Service
CMA CGM Group is pleased to announce the launching of a new service linking Asia, Indian Ocean Islands and South Africa, effective May 8th, 2011. Called Shaka Express, this new weekly service will deploy 6 vessels between 4500 and 6500 TEU, and will allow CMA CGM to meet the growing market demand of South Africa, as over 30% of the country’s trade is with Asia. The service rotation will be as follows: Fuzhou…
NOIA Applauds Passage of HR 1230
Washington, D.C. – The National Ocean Industries Association (NOIA) congratulates the U.S. House of Representatives for the bipartisan passage today of H.R. 1230, “Restarting American Offshore Leasing Now Act.” If enacted by the full Congress and signed into law by the President, the bill requires that federal offshore lease sales that have been delayed start up again in the Gulf of Mexico and off the east coast of the United States.