Varun Splits into Two
Mumbai-based shipping firm Varun Shipping Co. Ltd will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announced that according to the Composite Scheme of Arrangement and Amalgamation, the Company will be split into two separate listed entities, namely, Varun Global (ship management and shipping investment business) and Varun Resources (shipping business). Both the hived off companies will be independently listed on the stock exchange.
Indian Navy, Coast Guard Save 14 From Sinking Vessel
In a swift response to an SOS from a distressed offshore coastal vessel, the Indian Navy and Indian coast guard rescued 14 people from the crew of the Indian flag cement carrier ship, MV Coastal Pride, that sunk 75 nautical miles off the coast of Daman, on Wednesday morning. It was after a call by the vessel, Navy and Coast Guard swung into action to rescue 14 crew members of the vessel. What ensued was a dramatic rescue of 14 crew members.
Maersk Line to Stay at Houston Port
The world’s biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, has agreed to continue to call at the Port of Houston after APM Terminals, a unit of Maersk Group, said it was permanently terminating its operations there, the Port of Houston Authority said. Under the deal, APMT has operated its own section of Barbours Cut terminal, however; the lease will now be transferred to the port authority effective July 24.
Mercator Acquires Two Dredgers
Mercator Limited announced that it is expanding its dredging business by adding two more Dredgers to its fleet. Mercator,India's largest Marine and Energy group with businesses in Oil & Gas, Coal, Shipping and Dredging, has taken delivery of two European built dredgers; one is a Trailer Suction Hopper Dredger which would be one of the largest capacity dredgers in India and second a Bucket Ladder Dredger. Both these dredgers would be commissioned around first week of September this year.
IRClass Raises Focus on Offshore
Classification society and IACS member Indian Register of Shipping has established an ‘India and Offshore Advisory Committee’ with a vision to raise the profile of its services and receive strategic advice for growth in South Asia region. The India Advisory Committee comprises of 14 senior members and representatives of the maritime fraternity of India. Formation of this committee follows the launch of UAE Advisory Committee in March this year.
Liebherr Cranes for Port Lafito
GB Group announced that Port Lafito welcomed the arrival of two new Liebherr LHM 420 mobile harbor cranes that are now fully operational. The cranes aim to boost efficiency and are the first of their kind in the Caribbean. The Liebherr cranes were selected by Port Lafito due to their efficiency, being able to make more than 30 moves per hour. In addition, the cranes are powered by diesel fuel and are equipped with remote wireless monitoring of systems status…
Vancouver Shipyard Starts Building First NSPS Vessel
The Honourable Diane Finley, Minister of Public Works and Government Services Canada, joined by Andrew Saxton, Member of Parliament for North Vancouver and John Weston, Member of Parliament for West Vancouver-Sunshine Coast-Sea to Sky Country, announced that Seaspan’s Vancouver Shipyards (VSY) has started construction on the first National Shipbuilding Procurement Strategy (NSPS) ship, the Canadian Coast Guard (CCG)’s Offshore Fisheries Science Vessel (OFSV).
Star Bulk Sells Star Christianna
Star Bulk Carriers Corp., a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Christianna (a 74…
Tanker Chief Officer Medevaced off Mumbai
Continuing with the series of search and rescue operations undertaken and coordinated by Coast Guard Western Region in last two days, the Indian Coast Guard undertook another lifesaving mission by evacuating the chief officer from vessel MT Pristine GV anchored off Mumbai. The chief officer, Indian national Gaurav Gupta, had sustained shoulder dislocation and fracture. The medical evacuation was undertaken by Coast Guard Chetak helicopter from Mumbai at about 1430 hrs on June 24.
setec, Royal HaskoningDHV to Manage Canal Seine-Nord Europe
Engineering and consulting firms setec and Royal HaskoningDHV have been selected by VNF – the French navigable waterways authority – to jointly provide programme…
Inmarsat Join Forces with World-Link
Inmarsat has signed an agreement with World-Link Communications, Inc. appointing the innovative satellite services provider as a Partner for FleetBroadband, serving the maritime market globally. Alongside the agreement, World-Link plans to strengthen its infrastructure and integrate with the Inmarsat network through significant investment in building an Inmarsat Point-of-Presence (PoP). The plan will…
AAPA Praises Senate for Passing TPA - 2015
“The prosperity of the United States is inextricably entwined with that of the rest of the world and international trade agreements provide stability and equity enabling increased trade,” said American Association of Port Authorities (AAPA) President and CEO Kurt Nagle in support of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015), which the Senate just approved and the House approved on June 18.
DSM Dyneema to Appeal Patent Case Ruling
DSM will appeal against a ruling by a judge in the Court of Milan that one of its Patents is not valid, the company announced in a press release today. According to DSM…
Crowley Vessels Receive AMVER Awards
Crowley Maritime Corp. announced that 65 of its vessels were recently recognized for participation in the Automated Mutual-Assistance Vessel Rescue (AMVER) program…
VLGC Concorde Delivered to Dorian LPG
Dorian LPG Ltd., an owner and operator of modern Very Large Gas Carriers (VLGCs), reported today that it has taken delivery of the ECO VLGC Concorde from Hyundai Heavy Industries. Concorde, Dorian LPG's fifth newbuilding delivery, will initially trade in the spot market through the Helios LPG Pool.
New Forming Machine for the Construction Site
Sometimes less is more. That’s also true for the size and weight of pre-assembly devices that are predominantly used at construction sites. They need to have compact designs but nevertheless work precisely, fast and safe, just like the new VOSSForm 100 Compact forming machine. The mobile bench machine shapes a contour on hydraulic tubes. In combination with a soft seal and function nuts, this results in extremely leakproof and process-reliable tube connections.
Colombia Upgrades Aids to Navigation
DIMAR, the Colombian Maritime Authority, informs that it continues to improve aids to navigation around the Colombian coast. This time it’s been in the Gulf of Urabá, in the Northwest Caribbean coast. The Navy has contracted Almarin, together with its partners Cenacol and INER Consultores, to carry out the supply and installation of new buoys in the harbors of Turbo, Sapzurro and Capurganá and also…
World Record Attempt: Suhay Tries to Break Distance by Dinghy Mark
In 2014, Robert Suhay tackled the “longest single-handed distance sailed in a dinghy by a male – 283.5 nautical miles (326.24 miles)” into the face of Hurricane Arthur for a Guinness World Record. Next week, Suhay will attempt to break his own record in a 14-foot Laser dinghy unassisted from Beaufort, N.C. to Annapolis, Md., a distance of about 340 nautical miles that will take him around Cape Hatteras and across dangerous ocean shipping lanes.
New European Inland Waterway Project Underway
Engineering and consulting firms setec and Royal HaskoningDHV have been selected by VNF – the French navigable waterways authority – to jointly provide program management assistance over 12 years for a canal link extending from France to Belgium. The new Canal Seine-Nord Europe will connect the basin of the Seine near Paris, to the Scheldt, near Lille, giving access to Belgian and Dutch inland waterways networks.
Smart DC Grids to Revolutionize on Board Power Networks
As we see the introduction of storage and renewable energy sources on board ships, a new design philosophy for the electrical power networks is required, especially given the trend towards higher safety standards, better reliability and the reduction in manning. Until recently, electricity on board was largely generated by diesel engine driven synchronous generators. The majority of electrical consumers were linear loads…