Hydroacoustic Package for Norwegian Icebreaker
The new RV Kronprins Haakon, the first Norwegian Icebreaker built for Polar research, and the first purpose built polar research vessel since Roald Amundsen’s Maud launched in 1917, will start regular science cruises in 2017 with a complete hydroacoustic systems package from Kongsberg Maritime. Builder Fincantieri has selected a combined delivery of Kongsberg Maritime survey technology, including a wide range of Simrad scientific research systems for the Kronprins Haakon.
Asian Jet Fuel Shipments to US West Coast Picking Up
Delayed restart of Exxon refinery draws down inventories. Valero and BP among traders shipping jet from Asia to U.S. Asian jet fuel shipments to the United States…
MOL Transports Wheelchairs for Paraguayan Children
Mitsui O.S.K. Lines, Ltd. received a letter of appreciation from the Paraguayan Embassy, thanking the company for providing ocean transport of used wheelchairs from Japan to Paraguay, where they were delivered to needy children. This is the second time MOL has teamed up with the Volunteers Group to Send Wheelchairs to Overseas Children, a certified NPO, following a project in 2010. A total of 80 used…
PPG Announces Executive Appointments
PG Industries today announced executive appointments effective June 1. Vince Morales, currently vice president, investor relations, will become vice president, investor relations, and treasurer. Morales will report to Executive Vice President and Chief Financial Officer Frank Sklarsky. Since joining PPG in 1985, Morales has advanced through various finance leadership roles of increasing responsibility. He was appointed to his current position in 2007.
USN Fighter Crashes in Gulf - Crew Safe
A U.S. Navy F/A-18F Super Hornet assigned to Strike Fighter Squadron (VFA) 211 crashed at 1:30 p.m. (GMT), today, shortly after launching from the aircraft carrier USS Theodore Roosevelt (CVN 71) operating in the Arabian Gulf. The two personnel aboard the strike fighter ejected from the aircraft, survived the crash and were quickly recovered by search and rescue personnel from the ship. The recovered Naval Aviators are being evaluated by medical personnel aboard USS Theodore Roosevelt.
NavPlay Debuts App for American Boaters
NavPlay, an innovative manufacturer of iPad apps for boaters, announced today its release of a new app designed specifically for American boaters – NavPlay US. Offering downloadable access to detailed NOAA vector maps, NMEA 2000 compatibility and WiFi-integration with onboard navigation and safety technologies, NavPlay US provides the tools needed to manage all aspect of yachting, right from an iPad, anywhere on a vessel.
CMA CGM Christens Its Largest Ship
The CMA CGM Group announced that the CMA CGM Kerguelen, the group’s largest vessel, was christened in Le Havre, France. The christening took place in presence of Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM Group, the vessel’s godmother Catherine Hayot, and of many institutional and political representatives, partners and clients. Latest of the CMA CGM fleet’s vessels, the CMA CGM Kerguelen was delivered on March 31.
Ameritex Fabric Systems Debuts "Weatherguard"
Ameritex Fabric Systems, a member of the Taylor Made Group and the leading supplier of engineered canvas enclosures, tops and covers for OEM boatbuilders, is introducing a new, exclusive fabric to the marine industry. “We’re calling it WeatherGuard™,” said Don Zirkelbach, president of Ameritex Fabric Systems. “It’s strong. It’s durable. Made of solution-dyed polyester, WeatherGuard™ will maintain its color even when exposed to the elements for long periods of time.
Single Window Reporting for All German Ports
Effective from 27 May 2015, German Authorities will implement the reporting requirements for vessels according to EC-directive 2010/65/EU (national single window reporting formalities).
Sainty Marine in Troubles Waters
Financially troubled Chinese shipbuilder Sainty Marine has announced Bank of China and China Exim Bank have frozen its bank accounts. Shenzhen-listed Sainty Marine has also announced that it has reached an agreement with Dutch ship investment firm, Universal Marine, for the cancellation of four 2,350teu containerships. Universal Marine ordered the vessels at Sainty Marine in March 2014, however, it has been unable to secure the financing to start the newbuilding project…
Universal LNG, Sembcorp Marine Pact for West Africa LNG Development
Universal LNG Holdings has launched West Africa LNG Development, a ground-breaking solution partnership between Universal LNG Holdings and Sembcorp Marine Group Company. With Sembcorp Marine's wholly owned subsidiary Jurong Shipyard participation, West Africa LNG Development is poised to set a new, greener standard for global oil production and supply Africa with needed energy resources. By addressing the offshore associate gas needs of the African continent…
Delta SubSea Adds New Vessel
Delta SubSea has entered into an agreement with Norwegian company Olympic Shipping AS for the Olympic Delta, a newly built Multipurpose Subsea Support & Construction Vessel.
Vard in Red
Offshore shipbuilder Vard Holdings reported a net loss of $40mln in the first quarter, on back of unrealized foreign exchange losses from a 15-year USD-denominated yard construction loan in Brazil. Net foreign exchange losses in the quarter amounted to $37mln. The group did not secure any new orders in the quarter. Consequently, order book value at the end of the quarter amounted to $2.8bln, representing a 28% decrease compared to the same period last year.
Delfin LNG Proposes Gulf Coast’s First Offshore LNG Facility
A potential deep-water port LNG export project for the Gulf of Mexico has submitted applications to the Maritime Administration and the United States Coast Guard for approval. Delfin LNG LLC has submitted an application to the Maritime Administration (MARAD) and the United States Coast Guard (USCG) to construct, own, and operate the Delfin LNG Project (Port Delfin) under the Deepwater Port Act. The…
Siem Sells “Siem Sasha”
Norwegian company Siem Offshore has sold the platform supply vessel (PSV) “Siem Sasha”. It has delayed delivery of four of the nine platform support vessel (PSV) newbuildings it has under construction in Poland. The Oslo-listed company did not reveal financial details of the sale nor the client, but said the agreement was made at market terms. Siem Sasha is designed to carry out regular supply functions and cargo transport for the oil industry as well as Standby functions.
Philippine to Build Naval Base on Disputed Waters
Philippine military will soon build naval base on the country’s western coastline, opposite the disputed Spratly islands, Reuters reported Armed Forces chief Gen. Gregorio Pio Catapang Jr. as saying. "We feel this is the number one priority because of the emerging security situation. As soon as we have the money, we will pour resources there,” he said. He said once they finished the facility at Oyster Bay on the country’s island of Palawan…
ASL Profit Nosedives
Singapore shipbuilding group ASL Marine has posted a sharp drop in net profit for its third quarter as revenues from its shipbuilding, shiprepair and chartering segments fell across the board. Net profit for the three months to March 31 plummeted 65.7 per cent from the previous year to S$1.94 million, while revenue dived 56.2 per cent to S$63.42 million in the period. Revenue decreased 56% year-on-year to S$63.4 million due to industry downturn and construction cycle…