Marine Jet Power Wins Korean Coast Guard Contracts
Marine Jet Power has been awarded two new contracts to supply waterjets for another eight units 500T Patrol Vessels for the Korean Coast Guard: five vessels to be built by Hanjin Heavy Industries & Construction and three vessels to be built by Kangnam Corporation. The propulsion system comprises a MJP 950 double drive and MJP 750 double booster waterjets. Powered by four diesel engines at a total of 14 MW the top speed is over 35 knots.
De Boer Remorquage SARL Orders Custom Tugs from Damen
Baggerbedrijf De Boer B.V. (Dutch Dredging B.V.) has ordered two custom, special-purpose tugs to be built at Damen Shipyards Hardinxveld in the Netherlands through the subsidiairy De Boer Remorquage SARL. The tugs are for a 10-year contract with Grand Port Maritime de Guyane in the ports of Cayenne and Kourou in French Guyana. Their primary functions will be assisting vessels entering and leaving port, and rendering help in the event of emergencies including fire-fighting.
Top 10 Maritime Nations: Ranked by Value
The March 2017 edition of Maritime Reporter & Engineering News focuses on SINGAPORE, as this maritime powerhouse struggles to maintain balance and influence through the offshore oil and gas downturn. Looking at the "Top 10 Nations" ranked by value from VesselsValue.com, Singapore ranks #5 with 2,662 vessels, comprising 64.03 million GT and a $41.7 billion valuation, just behind the United States at #4 (2,399 vessels, 55.92m GT, $46.5 billion valuation).
Mississippi Ports Eye Cuba, Ink Pacts in Havana
The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a Republican U.S. senator from the state looking on…
EU to rule on Maersk-Hamburg Sud Deal by March 27
EU antitrust regulators will decide by March 27 whether to clear world No. 1 shipping company Maersk Line's bid for German rival Hamburg Sud, its first major deal for more than a decade.
Miliaras tapped for Carnival Maritime Post
Minas Miliaras has taken on the role of Vice President Fleet Cruise Execution at Carnival Maritime, the Marine Service Unit of the Costa Group (AIDA, Costa) in Hamburg.
DP World Cleared of Misconduct over Djibouti Terminal
The London Court of International Arbitration has cleared DP World, one of the world's biggest port operators, of all charges of misconduct over a concession to operate a container terminal in Djibouti, Dubai's government said on Tuesday. In 2014 the government of the East African country lodged claims accusing DP World, majority-owned by the Dubai government, of illegal payments to secure a 50-year concession for the Doraleh Container Terminal, the Dubai government said.
Henriksen Unveils Safer Hook Range
A new range of hooks from Henriksen AS introduces a significant level of safety for crews engaged in towing small to medium-sized vessels and loads. The new towing…
Nakilat Profit slips
Nakilat announced its financial results for the year ended 31 December 2016, with a net profit of QR 955 million achieved compared to QR 984 million in 2015. The…
Dive Support Vessel Delivered in Brazil
Oceanicasub V, the second of a pair of 43m Monohull Subsea Dive Support Vessels (SDSV), has been delivered for owner and operater Oceanica of Rio de Janeiro for charter by Petrobras. Oceanicasub V was constructed by Arpoador Shipyard in Guaruja’, Brazil. The design is the culmination of a close collaboration by the designer Incat Crowther, builder and operator. The RINA-classed vessel is equipped for a crew complement of 36 and features an array of dive support equipment including deck crane…
Furuno Debuts LCD Radar 1815
With a long history of bringing the very best in Radar technology to both the commercial and recreational markets, Furuno is once again set to raise eyebrows and…
First collaboration for Sydney City Marine and Damen
Sydney City Marine has completed its first maintenance docking of a Damen vessel since the signing ofa Memorandum of Understanding (MOU) with Damen Shipyards Group last year.
Taylor to head Trojan Battery's Global Workforce
Trojan Battery Co., LLC, the world’s leading manufacturer of deep-cycle batteries, has named Phillip Taylor as senior vice president, and chief human resources (HR)…
MSI: OPEC’s cut is deepest for VLCC, Suezmax markets
Maritime Strategies International (MSI), a leading independent research and consultancy has forecast a testing time for the crude tanker market over the next six…
Kelvin Hughes radar for RN's River-class OPVs
A world leader in the design and manufacture of navigation and security surveillance radar, Kelvin Hughes announced in April 2015 that it had been selected to supply…
Norwegian Authority Objects Eimskip's Acquisition of Nor Lines
The Norwegian Competition Authority has today given a notice of an objection to Eimskip’s acquisition of the Norwegian shipping and logistics company Nor Lines AS. The notice reflects the Authority's preliminary conclusion, and Eimskip has 15 business days to present counterarguments. A final decision will be made by the Authority after another 15 business days. Eimskip is evaluating next steps with its legal advisors.
SM Line's Maiden Voyage Next Month
The new container carrier SM Line, owned by South Korean Samra Midas (SM) Group, will launch its first service in the second week of March. The shipper which took over Hanjin's service network between Asia and the US, will also take over several of Hanjin's terminals in South Korea. According to a report in Pulse, it will set sail on its maiden voyage on March 8 along the East and South China Sea with 1,000 twenty-foot equivalent (TEU) container onboard.
BAE Systems Announces New Submarine Construction Training Facility
Sir Michael Fallon MP, Secretary of State for Defence, visited BAE Systems Submarines today where he learnt about the Company's £25m investment in a new apprentice training facility. The Company’s site, in Barrow-in-Furness, Cumbria, is home to the UK's submarine design and build capability and the new facility will help nurture the unique skills required to deliver one of the world's most complex engineering challenges.
Hyundai Global Services Enters into Eco-friendly Ship Services Business with KSS Line
Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced today it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship business. Under the MOU, two companies join forces to retrofit the medium-sized LPG carriers owned by KSS Line with Exhaust Gas Cleaning System. Ships equipped…
ECSA Takes Stand in GHG Emissions of Shipping
European Community Shipowners’ Associations (ECSA) regrets that European port and cargo interests have come out in favour of the European Parliament’s position to conditionally include shipping in the EU Emission Trading Scheme as of 2023 if the International Maritime Organisation does not have a comparable system operating by 2021. European port and freight forwarder associations did confirm that a global agreement is their preferred option to curb greenhouse gas emissions of ships.