Asia Dry Bulk-Capesize Rates Mixed on Uncertainty
Capesize rates slide after hitting 5-month high. Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come under…
Dynamic Positioning Training Center Launched in Shanghai
C-MAR, an international marine and offshore services provider, and the Shanghai Maritime University (SMU) has officially launched the Dynamic Positioning training facility (DPC-SMU) at a special ceremony in Shanghai. In the first joint venture of its kind, C-MAR will provide dynamic positioning (DP) training to Chinese nationals and vessel operators in the offshore oil and gas sector, bringing the company’s extensive experience and expertise to the world’s fastest growing maritime sector.
HMC Helps Fine-tune Damen Offshore Carrier
Damen Shipyards has presented a new shipping concept to the market: the Damen Offshore Carrier (DOC) is specifically designed as a smaller heavy transport vessel suitable for offshore installations. In cooperation with Damen, independent engineering and consultancy organization HMC informs it has fine-tuned the ballast system of the DOC, making it suitable for every offshore operation ranging from skid on-off, roll on-off as well as lifting operations.
NOA Announces Share Repurchase Program
Nordic American Offshore Ltd. (NAO) announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to 2.5 million of NAO's outstanding common stock over the next two years. The authorization is effective immediately. There are 23,431,370 NAO shares in issue. NAO said it intends to repurchase shares from time to time for cash in open market…
Globavista Launch Software Product Update
Globavista drives greater efficiency in vessel fleets by providing enhanced operational intelligence to fleet managers with new software product updates, the developer announced. Globavista is a vessel tracking and monitoring product enhanced with a new User Interface allowing the management of large scale fleets more effectively, giving easier, more intuitive analysis to fleet managers across the globe.
Historic Warship Docked for Restoration
One of the world's oldest commissioned warships has entered dry dock for a planned multiyear restoration, the U.S. Navy reports. On May 19, USS Constitution eased into Dry Dock 1 at Charlestown Navy Yard Boston National Historical Park with the help and coordination of a large team of stakeholders including the ship's crew, Portsmouth Naval Shipyard, Naval History and Heritage Command's Maintenance Detachment Boston, USS Constitution Museum and the National Park Service.
Electric & Hybrid Propulsion Ordered fir CMAL Ferry
Imtech Marine informs it has been awarded a third contract to supply the electric and hybrid propulsion system for a hybrid ferry operated by Caledonian Maritime Assets Ltd (CMAL) of Scotland. Ferguson Marine, the Glasgow-based yard which built the first two CMAL diesel electric, hybrid seagoing ferries, launched a tender last year and Imtech Marine was given the contract in late February. For the third hybrid ferry…
NAVTOR AS, Nautic AB Launch Complete Navigation Solution
E-navigation specialist NAVTOR has joined forces with Nautic AB, a provider of navigational equipment, charts and publications to the Swedish market, to launch NAVTOR NAUTIC AB. This jointly owned operation, based in Gothenburg, Sweden, will now leverage the expertise of the two businesses to offer a navigational data package to the international shipping industry. This, NAVTOR Managing Director and CEO Tor A. Svanes says, created an obvious synergy and the potential for real customer benefits.
K-Sim Engine Chosen for Malaysia's Defense University
The National Defense University of Malaysia has selected Kongsberg Maritime’s Engine Room Simulator platform K-Sim Engine for its facility in Kuala Lumpur. The contract, Signed in April 2015, was won with support from Kongsberg Maritime’s local sales representatives, Kelana Stabil (M) Sdn Bhd and civil contracting partner HJS Maritime Sdn Bhd. It comes just five months after the installation of a K-Sim Polaris ship's bridge simulator by Kongsberg Maritime at the University.
Anglo-Eastern Signs Turbocharger Maintenance Deal
MAN PrimeServ Turbocharger, part of MAN Diesel & Turbo’s service division, has signed a Premium Turbocharger Maintenance Contract with Anglo-Eastern Ship Management. Under the terms of the agreement, PrimeServ will provide all relevant services complete maintenance package. The deal covers approximately 330 turbochargers installed aboard vessels from the Anglo-Eastern’s worldwide fleet – essentially a mixture of NA/TCA axial types for main engines, and NR/TCR radial types for auxiliary engines.
SSI to Showcase New Software at Nor-Shipping
SSI informs it will showcase the latest versions of its CAD/CAM software, ShipConstructor and EnterprisePlatform, at Nor-Shipping 2015, June 2-5. SSI CEO Darren…
Transport Ministers Summit Kicks off in Germany
Key topics of this year’s summit will be centered on transport and climate change as a milestone to the COP 21 climate change conference in December 2015. The Annual…
LR Establishes Applied Technology Group
The Applied Technology Group (ATG) describes is a team established with the goal of providing expanding technology leadership capabilities, multidisciplinary consulting services…
New Flag Program Honors US Merchant Marines
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the launch of the United States Merchant Marine Flag Program, which will provide U.S. Merchant Marine Flags for display nationwide, honoring the historic and continuing contributions of U.S. Merchant Mariners to our national defense. The announcement was made by Maritime Administrator Chip Jaenichen during the National Maritime Day celebration in Washington, D.C.
Iran Aid Ship Reaches Djibouti Waters, Waits to Enter Port
An Iranian aid ship has reached the outskirts of Djibouti's port and is waiting for a permit to enter after Tehran agreed to an international inspection of the vessel with goods for Yemen…
Two Hurt in Petrobras Platform Accident; Output Halted
Brazil's state-led oil company Petrobras was forced to stop output at its P-56 offshore oil production ship on Wednesday in the Marlim Sul field after an explosion…
Registration for SHIPPINGInsight 2015 Now Open
Online registration is now open for the SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition. Now entering its fourth year, SHIPPINGInsight is an annual…
Conrad Announces Management Team Changes
Conrad Industries, Inc. announced the appointment of Scott J. Theriot as Executive Vice President and Chief Operating Officer. Johnny Conrad, President and Chief Executive Officer…
Navy Space-Based Orbital Debris Sensor Gets Patent
Small orbital debris objects can threaten vital space-based assets. The Navy's patented compact debris detection device can detect debris in near real-time and provide…
USS Freedom (LCS 1) Completes Rough Water Trials
The littoral combat ship USS Freedom (LCS 1) completed Seakeeping and Structural Loads Trials, commonly referred to as Rough Water Trials (RWT) in late March the Navy reported May 21. The U.S. Navy must demonstrate the seaworthiness and structural integrity of each new ship class. One of the primary ways the Navy verifies these qualities is through a series of at-sea tests and inspections. These are…