GE (France) to Supply Propulsion Systems for 23 New LNG Carriers
Korean companies Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries contract GE technology. The GE equipment will be installed on 23 new LNG ships and represents total propulsion power of 1,105 megawatts. Traditionally, the propulsion of LNG tankers has been based on boil-off boilers and steam turbines. In recent years, more and more ship owners have turned to dual-fuel engine systems combined with electric propulsion as more efficient solutions…
Fjellstrand WindServer Trimarans to be Classed by GL
New Fjellstrand designed WindServer Trimarans for World Marine Offshore to be classed by GL. As offshore wind developments move further offshore, into deeper waters with more extreme weather conditions, the challenge of providing operations and maintenance (O&M) support safely and cost effectively grows. The Fjellstrand WindServer is one of the new generation of offshore service vessels that will be…
GAC Expands its Sri Lanka Offshore Ship Supply Operation
As the demand for ship supply services off the island of Sri Lanka grows, so too has GAC Sri Lanka. The company has moved into new, bigger premises at Galle and…
Russia's First Borey-class Subs for Pacific Deployment
Russia’s first two Borey-class strategic submarines will be ultimately deployed with the Pacific Fleet says Defense Minister. The submarines Yury Dolgoruky and the Alexander Nevsky are undertaking test runs in the White Sea and are expected to be commissioned by the end of 2012. “I am absolutely certain that the first two subs will be initially placed with the Northern Fleet and will be redeployed to the Pacific Fleet after all the infrastructure there is ready…
Norwegian Offshore Oil Rush Forces Rig Rates Higher
High activity on the Norwegian shelf leads to high day rates for drilling rigs. Desperate oil companies are forcing day rates for drilling rigs to reach new heights. Analysts believe day rates will be over $700,000 this autumn, reports the 'Barents Observer'. Contracts are pouring into the rig market and the day rates for the most advanced drilling rigs are reaching the top levels of 2008. “The rush has just begun”, says analyst Martin Huseby Karlsen in the 'Dagens Næringsliv'.
British Naval Vessel Makes First Post-Gaddafi Libya Visit
Survey ship HMS Echo become the first Royal Navy ship to visit Libya since the fall of Colonel Gaddafi. HMS Echo, in the final stages of a 19-month mission to gather ocean data and update nautical charts in waters east of Suez, began her Libya visit with firefighting and damage control demonstrations, tours of the ship, and an extensive look at Echo's impressive hydrographic and oceanographic survey…
IMO Tells of Commitment to Greener, Cleaner Shipping
IMO Secretary-General at Korean World Fair to reiterate organization’s commitment to sustainable maritime development. IMO Secretary-General Koji Sekimizu will be…
HV Submarine Cable Market Research Report
Latest Pike Research report focuses on a small & highly specialised market that is due to grow steadily. Demand for submarine cables is growing steadily as national…
Arctic Imperative Summit to Convene in Alaska
Recognizing the Arctic is changing rapidly the Summit convenes decision-makers on infrastructure investment, natural resources, policy and security. Rapid change…
Oil Fuel Bunker Station Development in Port of Barcelona, Spain
Aegean Marine Petroleum Network Inc. plans expansion in Barcelona, contracts with Meroil for onshore fuel oil storage. Aegean Marine Petroleum Network has signed…
Echoscope 3D Sonar Adopted by Fugro Chance
Fugro Chance adopts the Coda Echoscope(R) to help in some of Its complex offshore operations in the Gulf of Mexico. Coda Octopus Group, Inc. announce that following extensive and successful trials…
Indian Shipyard Builds Country's First Fully Automated Tankship
Modest Infrastructure Company's Bhavnagar shipyard has built a cutting-edge tankship for an Italian client. According to Mehul Patel, director (project and operations)…
Wilh. Wilhelmesen Holdings Report Profits in Q2 2012
Growth in shipping earnings & rebound by maritime services segment lift operating profit in second quarter 2012. Operating profit for the second quarter was USD 139 million (USD 71 million)…
Labor Problems Continue to Delay Brazil Port Movements
The 20-day old nationwide Health Authorities strike continues to cause delays, other civil servants join forces with strikers. On average, based on the current nationwide scenario…
Six Carriers Sign Up to Port of LA's ESI Program
Six shipping carriers have become the inaugural participants in the Port of Los Angeles Environmental Ship Index (ESI). The ESI is an international clean air program…
NOL Reports Shipping Business EBIT Turnaround in Q2 2012
Singapore's Neptune Orient Lines (NOL) Group reports US$57 million Year-on-Year improvement in Core EBIT. NOL Group report second quarter 2012 Core EBIT (Earnings…
Transpacific Container Shipping Rate Soars
The Drewry Hong Kong-Los Angeles container rate benchmark, soared by 17.5% to US$2,452 per 40ft container this week. Last week’s Drewry transpacific price benchmark…
Offshore Activity Spurs Scottish Harbour Growth
Aberdeen Harbour records significant North Sea energy sector traffic increase in first half 2012. Continued growth in the oil and gas sector was reflected in the increase in support vessels that used the port over the first six months of the year – up nine per cent from 2,580 in 2011 to 2,814 in 2012 – a further demonstration of the significant role the harbour plays within the energy industry and the benefits it provides to both Scotland and the UK.
Marine Services Provider ISS Appoints New GM for Brazil
Inchcape Shipping Services appoints new General Manager for Brazil, Capt. Mariano Martinoia. Capt. Martinoia will be based in Rio de Janeiro, at the company’s head office for Brazil.
Huntington Ingalls Industries Reports Strong 2Q Results
Huntington Ingalls Industries Reports Strong Second Quarter Results; Significant Progress on Key Programs. Huntington Ingalls Industries (NYSE:HII) reported second…