Shipbuilders Struggle in Challenging Market
Shipyards in the major exporting regions all report significant year-on-year drops in new contracting activity. For new-buildings there is no doubt that the market continues to remain challenging…
Russian Shipyard Delivers Indian Navy Warship
The second of three stealth frigates, the 'Tarkash', is handed over to the Indian Navy by the Yantar Shipyard, Kaliningrad. Russia and India signed a $1.6 billion contract on construction of three modified Krivak III class (also known as Talwar class) guided missile frigates for India in 2006. The first frigate, INS Teg, joined the Indian Navy on April 27. The last in the series of three frigates, Trikand…
Kleven Wins Rem Offshore Construction Vessel Contract
Kleven gets contract to build it largest subsea construction vessel yet for Rem Offshore. The design is for a length of 108m and a width of 22m, with accommodation for a total of 110 persons. The ship is equipped with a 250t offshore crane that can work down to 3000m ocean depth, a 7.2m square moonpool, and 3 ROVs (2 Work, 1 Observation). The new building will be delivered in the first quarter of 2014. Kleven say they now have 14 vessels in the order book, at a value of almost NOK 7-billion.
ILS & Danaos Collaborate on Network Shipping Management Services
Inventory Locator Service sign MOU with Danaos Management Consultants to develop cloud-based procurement & management services. Together the companies will develop a platform called MarineHubsm…
Finnlines Charters Out RoPax Ship
Finnlines cuts excess capacity by 5-year bareboat charter of 'MS Europalink' to mother-group Grimaldi. The RoPax vessel MS Europalink will sail under Italian flag…
More Than $127 Million Approved for Port of Los Angeles Construction
Projects Advance Modernization of the TraPac Container Terminal. The Los Angeles Board of Harbor Commissioners has approved construction contracts totaling more…
NYMAR Adds Powerhouse
Clay Maitland to join Peter Shaerf as organization’s chief drivers. New York Maritime Inc. (NYMAR) Chairman, Peter Shaerf of AMA Capital Partners, has announced that Clay Maitland will join him in heading this organization whose mission is to promote the New York maritime cluster effective immediately. NYMAR will be celebrating its tenth anniversary next year. Together they will serve as Co-Chairmen of the organization.
Partner Jamila Khan moves to Ince & Co’s Piraeus Office
Ince & Co partner Jamila Khan has moved to the firm’s Piraeus office. Jamila has a broad practice covering all aspects of shipping and international trade and commodities disputes and commercial transactions. She has close links with the Greek shipping industry having spent a year in Piraeus from 2003 to 2004. She is a key member of the firm's Italy and Turkey teams. Jamila acts for ship owners, operators and charterers on a variety of dry shipping matters including charterparty disputes.
Aquatic Names Smart as North America Business Development Manager
Aquatic Engineering & Construction Ltd, an Acteon company, is delighted to announce the appointment of Bill Smart as business development manager, North America. Prior to joining Aquatic, Smart served as the Vice President of Sales and Service for Prime Source Packaging, LTD. He has significant industry experience and has held engineering and project management positions with Oceaneering Intervention Engineering, Oil States, Unigraphics Solutions and Global Compression Services.
Reliability at Ship and Box Level Down Slightly in Q3
Container service reliability across all trades fell marginally in the third quarter with the percentage of on-time ship arrivals dropping to 73.5%, down from the…
Damen Delivers Two Azimuth Tractor Drive Tugs 2412 to Kotug
Kotug International will shortly be putting two new Damen Azimuth Tractor Drive Tugs 2412 into operation into the German Port of Hamburg. These tugs were ordered by Elisabeth Ltd in Malta and are being chartered by the Kotug Group. Kotug is a fast growing towage company expanding its innovative services to ports and terminals in Europe (Rotterdam, Hamburg, Bremerhaven), West-Africa and Australia. Recently Kotug started towage activities in the new German deep sea port Wilhelmshaven.