James Fisher Buys Lexmar
James Fisher has acquired the entire share capital of Lexmar Engineering Pte Limited and Lexmar Sat Systems Pte Limited (together 'Lexmar'). Lexmar, which was founded in 1996 in Singapore and a specialist providing diving equipment, will become part of JFD and will enhance JFD's saturation diving capability and offering. Together JFD and Lexmar will improve the regional support and capability to defence markets within the Asia Pacific region.
APL Extends West Coast 5 Service
APL announced today that its West Coast 5 (WC5) service will be serving the additional ports of Corinto, Acajutla and Puerto Quetzal in Central America, enhancing direct connectivity between the Port of Los Angeles and the Latin American markets. APL said that the WC5 service has been refined to better support trade activities between Central America and the United States (U.S). As the industries of Central America continue to be key exporters of agricultural produce and commodities…
NYK Hosts Fleet Safety Promotion Conference
Over three times in July, NYK hosted safety promotion conferences for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. These conferences are held every year in two months from July, as part of the “Remember Naka-no- Se” safety campaign, which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations.
KR Opens Opens New BWMS Testing Facility
The Korean Register (KR) – an IACS member classification society – has announced that it has significantly expanded its land-based test facilities for Ballast Water Management System (BWMS) by opening a brand new specialist facility. KR has been conducting type approval testing of BWMS since 2004, with a consortium of six different partners. KR and its partners segregate the duties, taking into account each organization’s specialist expertise.
Danaos Reports Strong 1H
Danaos Corporation today reported unaudited results for the period ended June 30, 2016. * Adjusted net income1 of $47.7 million, or $0.43 per share, for the three months ended June 30, 2016 compared to $38.0 million, or $0.35 per share, for the three months ended June 30, 2015, an increase of 25.5%. Adjusted net income1 of $94.9 million, or $0.86 per share, for the six months ended June 30, 2016 compared to $68.6 million…
Ithaca GSA Satellites Acquisitions
Ithaca Energy Inc. has expanded its core position in the Greater Stella Area ("GSA"), with four agreements entered into for the acquisition of additional interests in the "Vorlich" discovery and an operated interest in the "Austen" discovery. Les Thomas, Chief Executive Officer, stated, "We are very pleased to announce this group of low cost acquisitions that further expand our core Greater Stella Area portfolio.
Just One Bid for Greece Rail Project
Greece has received only one bid to build and run a new rail freight terminal outside Athens, a project it has been trying to get underway for years, the country's transport ministry said on Tuesday.
Unipec to Shed ULCC Storage Charter
The UK-based trading arm of Beijing-backed Sinopec will give up the megatanker it booked to park crude in Asia at the onset of the drop in global prices two years ago, sources told Reuters.
120 Bodies Found off Libya as Migrant Toll Climbs
The bodies of 120 migrants believed to have been trying to reach Italy by boat from Libya have been found off the Libyan coast over the past 10 days, the International…
China: 'Illegal' Fishing in S.China Sea to be Met Harshly
China's Supreme Court said on Tuesday people caught illegally fishing in Chinese waters could be jailed for up to a year, issuing a judicial interpretation defining…
US Coast Guard, DNV GL Ink MOA
The U.S. Coast Guard and DNV GL have signed a memorandum of agreement (MOA) authorizing DNV GL to participate in the Alternate Compliance Program (ACP) and delegated certain survey and certification services for U.S. flagged vessels. This delegation and MOA, signed by Rear Adm. Paul Thomas, assistant commandant for prevention policy, and Captain Blaine Collins, DNV GL vice president of group government and public affairs for the U.S.…
This Day In Naval History: August 2
1865 - CSS Shenandoah, commanded by James I. Waddell, encounters the British merchant bark, Barracouta, in the Pacific Ocean and receives the first firm report the…
Swiftships Continues Autonomous Watercraft R&D
U.S. shipbuilder Swiftships, LLC has partnered with Virginia-based technology solutions company ICS Nett Inc. (ICS) to continue research and development efforts on the Anaconda, a Special Operation Craft Riverine (SOCR). Together, ICS and Swiftships will strive to transform the Anaconda into a completely autonomous watercraft equipped with Artificial Intelligence (AI) capabilities that is faster and has more complex maneuverability than its predecessor.
Damen Bags First Order from US Office
Damen Shipbuilding Group has established a permanent presence in Houston, with the August 1 opening of a new office headed by senior managers Jan van Hogerwou (New Construction) and Ruud Haneveer (Ship Repair & Conversion). The move is part of Damen’s drive to expand its local footprint globally, bring it closer to current and prospective clients and enable a more responsive and personal service, according to the Dutch shipbuilder.
AWO to Hold Subchapter M Info Sessions
The American Waterways Operators (AWO) will hold Subchapter M information sessions open to both members and nonmembers at its summer regional meetings in Portland on August 10, in Pittsburgh on August 17 and in New York on August 24. Subchapter M is one of the most important rulemakings ever to affect the tugboat, towboat and barge industry, and the AWO said it is committed to helping all members successfully navigate the transition to towing vessel inspection.
Controllable Pitch Propeller with Water-based Hydraulic System
Otto Piening GmbH, a member company of the DEUTSCHE YACHTEN working group, is venturing for the first time into the development of controllable pitch propellers that can be operated using a water-based hydraulic system in place of oil. This environmentally-friendly, world-first has now been certified by classification society DNV GL and approved for the megayacht market as well as for research, naval and coastguard vessels.
Singapore Exchange Prepares Offer to Buy Baltic Exchange
Singapore Exchange Ltd (SGX) is readying a formal offer to buy London's Baltic Exchange following months of discussions that culminated in exclusive talks between both parties…
Engine Startup Aboard New Aussie Destroyer
The gas turbines aboard the Royal Australian Navy’s (RAN) new air warfare destroyer (AWD) Hobart have been commissioned. “This is a huge achievement for the project that everyone should be proud of,” said Michael Clements, Test and Activation (T&A) Manager. In preparation for the engines’ commissioning, a production team undertook the load-out of the gas turbine engines onto the ship, followed by integration, alignment, cable and pipe testing and flushing of the supporting systems.
New Plan Would Make Seattle One of US’ Deepest Ports
A new report published by the U.S. Army Corps of Engineers in partnership with the Port of Seattle outlines a plan that would make the port one of the deepest harbors in North America. Within the Seattle Harbor Navigation Improvement Project Draft Feasibility Report and Environmental Assessment, the two parties have outlined a tentatively selected plan that would deepen the East and West Waterways to 57 feet Mean Lower Low Water (MLLW)…
NASSCO-Norfolk Wins CVN Maintenance Work
General Dynamics NASSCO–Norfolk said it was awarded the Mid-Atlantic CVN private sector maintenance contract by the U.S. Navy to perform non-nuclear planning and maintenance work during six Chief of Naval Operations (CNO) availabilities on four Nimitz-class aircraft carriers and one Gerald R. Ford-class carrier, home-ported in or visiting Norfolk, Va. The five-year cost-plus-award-fee and incentive…