Drydocks World Chairman to Participate at Mare Forum
Drydocks World and Maritime World, one of the largest and most diversified shipyards in the world, announced that Chairman Khamis Juma Buamim, will participate in the Mare Forum, Rome, Italy where he will deliver a keynote address. The theme of the forum “Quo Vadis” (Where are you going?) is significant to the issues that will be raised during his address. This high profile annual event attracts a…
Orion to Build Caribbean Dock Facility
Orion Marine Group, Inc., a heavy civil marine contractor serving the infrastructure sector, announced a contract award of approximately $38 million. to design,…
Net Loss for Odfjell Despite Shiping and Terminal Improvements
Odfjell published their first quarter 2013 results, reporting EBITDA of $27 million which they said reflects a slightly better chemical tanker market and higher terminal earnings. Time charter results up 8% compared to last quarter. Odfjell said the chemical tanker market improved slightly the first quarter of 2013, but remains at loss-making levels. Steady CoA nominations combined with increased spot activities enabled Odfjell to employ ships more efficiently.
Polar Petroleum Appoints ARCO Alaska Veteran
Polar Petroleum Corp. appointed Mr. Donald W. Brizzolara to the Company's Advisory Board as Chief Geological Advisor. Mr. Brizzolara represents 25 years of experience…
Ports Workshop to Explore Maritime Economic Drivers
The American Association of Port Authorities’ (AAPA) 2013 Maritime Economic Development Workshop in Chicago, June 27-28, will explore the factors driving today’s investments in seaport and related infrastructure. The program's speakers will analyze the risks and rewards for undertaking such investments, reveal how capital improvements propel business development decisions and discuss what influences intermodal connection improvements with ports.
MHI, Chengxi Shipyard Collaborate for BWTS Retrofittings
Mitsubishi Heavy Industries, Ltd. (MHI) and Chengxi Shipyard (Xinrong) Co., Ltd. in China have agreed to collaborate in the ship repair business through installation…
Hyundai Heavy Develops Mini Welding Robot for Shipbuilding
Hyundai Heavy Industries (HHI) announced the Company has developed mini welding robots for building ships. The compact design of the welding machine, measuring 50 cm by 30 cm by 15 cm when retracted its welding arm, can operate in confined areas inaccessible to human welders. The robot’s six joints enable the machine to carry out almost all types of welding work at a similar speed usually done by a welder.
Titanic ll Project Appoints Ship Managers
Blue Star Line Chairman, Professor Clive Palmer, appoints V.Ships Leisure as ship management services partner for his Titanic II project. According to the Blue Star Line's press release, V.Ships Leisure is the world’s largest supplier of management and outsourcing services to the maritime leisure industry, and is the passenger shipping arm of V.Ships, a provider of third-party ship management and related services.
Boskalis Wins Huge Offshore Philippines Contract
Royal Boskalis Westminster wins a Shell Philippines Exploration contract to install an offshore Depletion Compression Platform. The contract to be executed for the Malampaya Project off the coast of Palawan Island, in the Republic of the Philippines, includes seabed preparation, rock installation, platform transportation and installation work and has a contract value of approximately US$ 60-million.
Kvaerner Order Backlog Triples
At the end of Q1 2013 the Norwegian company's backlog totalled a record-high NOK 31.6 billion, including incorporated joint ventures. Kvaerner, a specialised provider of engineering…
Shipbuilders Run For Their Lives
Huntington Ingalls Industries' Newport News Shipbuilding's 'HealthWaves' wellness program host the sixth annual 5K fun run. The 5K is a fun event that encourages families, friends and co-workers to get out and do something active together," said Brady Goggin, HealthWaves' program coordinator. This, the sixth annual 5K fun run started at Victory Landing Park near the Virginia Advanced Shipbuilding and Carrier Integration Center (VASCIC) and went north on West Avenue to 35th Street.
Bahrain Mine Counter-measures Exercise Draws 41 Nations
International Mine Countermeasures Exercise (IMCMEX) 13 sees a gathering of 35 ships, 18 Unmanned Underwater Vehicles (UUVs) & over 100 explosive ordinance disposal (EOD) divers. Representatives from 41 nations are assembled in Bahrain to prepare for International Mine Countermeasures Exercise (IMCMEX) 13, May 6-30, 2013, in the Gulf Region. International Mine Countermeasures Exercise (IMCMEX) 13,…
Sale of Finland's STX Shipyards Offers Opportunities
The Finland PM is hopeful that a strong new owner can turn around the prospects of the cash-strapped Finnish shipyards. This past week, the South Korean parent company…
UKHO Publish World's First Security Paper Charts
The United Kingdom Hydrographic Office's (UKHO) security charts are designed to protect against risks, including piracy. The two new Admiralty Maritime Security Charts…
Submarine 'Minnesota' Completes First Round of Sea Trials
'Minnesota' (SSN 783) being built at HII's Newport News Shipbuilding (NNS) division, successfully completes 'Alpha' sea trials. All systems, components and compartments were tested during the trials. The submarine submerged for the first time and operated at high speeds on the surface and under water. Minnesota will undergo two more rounds of sea trials, including one with the Navy's Board of Inspection and Survey, before delivery later this month.
Singapore's Triyards Introduce New HPHT Jack-up Design
Triyards Holdings now able to design & build its own proprietary drilling jack-up rigs and self-elevating units (SEUs). The new design is for the Premium Class 400 HPHT (High Pressure…