Container Volume April Decline in Port of Savannah
The Port of Savannah, long the US east coast star for Asian imports, posted a 4.2 per cent decline in container volume in April year on year to 248,886 TEU, compared to 260…
Nortek Dopler Velocity Log Aids Volvo Ocean Race Entrant
“The collaboration between Nortek and the entire PUMA team has resulted in an tool that provides unique information to the sailing crew. They can now measure leeway…
Efstathiou New Executive Director at Spectec
SpecTec has appointed Evan Efstathiou as Executive Director of SpecTec Americas. Mr. Efstathiou has worked in Veson Nautical as the Director of Client Services for over 3 years, and he has cooperated with SpecTec in many projects, including one that was highly successful signed with Hyproc. Evan has graduated from MIT and Harvard School of management and worked the last 11 years in the Maritime and Oil&Gas worlds.
Nautronix Wins DP Contract from Rowan
Nautronix will supply their NASDrill RS925 Positioning System to Rowan’s new Ultra-Deepwater Drillships. Nautronix have been awarded a contract to supply NASDrill…
Marlink Enhances Efficiency with C-Band on iDirect
New technology platform options for Marlink C-band users. Marlink is expanding its portfolio with the introduction of new C-band services on the iDirect platform…
ACP: Public Hearing on Canal Toll Adjustments
The Panama Canal Authority (ACP) held a public hearing in the Ascanio Arosemena Center in Balboa, Panama, on its proposal to modify the Panama Canal pricing structure…
NNS Achieves Construction Milestone on Virginia-Class Submarine
Huntington Ingalls Industries (NYSE:HII) announced that the Virginia-class submarine Minnesota (SSN 783) is "pressure hull complete," signifying that all of the submarine's hull sections have been joined to form a single, watertight unit. Minnesota will be the 10th Virginia-class submarine and the fifth delivered by HII's Newport News Shipbuilding (NNS) division. "This is a key milestone in the construction of the submarine," said Jim Hughes, NNS' vice president of submarines and fleet support.
Ulstein Announces Good Results
Ulstein Group delivers solid results for 2011. The group had an operating income of $350m and an operating profit of $42.3m. At the end of 2011, Ulstein Group had an order reserve of $383.2m.
IHC Merwede Opens New U.S. Facility
IHC Merwede opened a new yard facility in Broussard, La. The yard at 206 Cummings Road will operate under the name of Hydro-Ram, Inc. With this expansion IHC Merwede…
Spanish Shipyard Launches Grampian Defiance
The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a $55m investment programme, has been launched. The Grampian Defiance, the last of four new-build emergency rescue and response vessels (ERRVs) which will be managed by Craig Group division North Star Shipping, was launched today at Balenciaga Shipyard in Northern Spain. The new ERRVs – named the Grampian Don…
SOS: Asian Shipowners Unite on Piracy
Shipowners from all over Asia gathered to form a massive human SOS as a demonstration of their support for the international SOS SaveOurSeafarers campaign. The gesture was photographed during the meetings this week in Australia of the 21st Asian Shipowners Forum (ASF) which had piracy at the top of their agenda. In the last 7 years, 62 seafarers have died as a result of pirate actions, and getting on for 4,000 have been held hostage on some 200 ships hijacked by Somali pirates.
The Arctic: Economic Promise or Environmental Peril?
The fervor to move shipping routes and energy business north of the Arctic Circle is palpable, as countries with physical connection and even ‘non-Arctic’ states are making moves and plans to stake claims to the vast potential that lies within. While the maritime and subsea technology allowing ops in the Arctic’s harsh environs has moved forward fast, there are repeated and regular ‘warning shots across the bow’ of budding entrepreneurs large and small…
Bahrain's ASRY Turns in a Profitable Q1
The Kingdom of Bahrain’s Arab Shipbuilding & Repair Yard Co (ASRY) has turned in a profitable first quarter of 2012 despite the continued shipping recession and increased competition in the region. As of the beginning of May ASRY was running at close to capacity and had work in hand for the next 12 weeks. This, says CEO Chris Potter, is quite some achievement in a region which already has plenty of repair capacity…
Multraship Taking Delivery of Damen ASD 3212 tug
Towage and salvage specialist Multraship is to take delivery of a new design of ASD 3212 tug from the Galati, Romania yard of the Damen Shipyards Group. The new ASD 3212 Multratug 19 has been built to a completely new design specification developed after a period of intensive research. Multraship’s specification called for a tug with minimum 80 tons bollard pull (BP), able to serve specific market segments.
Damen Wins Achievement Award
Kommer Damen Wins Lifetime Achievement Award at Seawork International 2012. Mr. Kommer Damen, Chairman of Damen Shipyards Group, has been awarded the Lifetime Achievement Award at the annual Seawork Innovation Awards Dinner. Seawork International is in its 15th year and is the largest European workboat event. Arnout Damen, COO of Damen Shipyards Group, accepted the award on Tuesday night on behalf of Kommer Damen from the hands of Ms Caroline Dinenage, MP.
Ingram Completes Acquisition of U.S. United Barge Line
Ingram Barge Company today completed its acquisition of U.S. United Barge Line, LLC (“UBL”), a barge transportation company headquartered in Tampa, Florida. The…
Salazar Directs Deepwater Oil & Gas Containment Exercise
MWCC to Deploy Capping Stack for Exercise in the Gulf. As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Secretary of the Interior Ken Salazar today charged the Marine Well Containment Company (MWCC) with conducting…
Chinese, Australian Warships Life-saving Exercise
The Royal Australian Navy has completed a maritime exercise with the Chinese Navy as part of a highly successful visit to the People’s Republic of China. Australia is committed to further developing strong and positive defence relations with China through dialogue and practical activities. The exercise was part of Ballarat’s five day visit to Shanghai, where the ship helped mark 40 years since the establishment of diplomatic relations between Australia and the People’s Republic of China.
Northstar Electronics Finalises Echotec Takeover
Northstar Electronics, Inc is announcing today that they have completed the acquisition of Echotec Sonar, which is now a wholly owned subsidiary of the company.
'Guiding LIghts Exhibition at Nantucket
The exhibition celebrates the beacons of light and the families that guided mariners through the treacherous shoals for centuries that surround Nantucket. Before modern technology…