Sotzing Joins Sea Machines as Engineering Director
Boston-based developer of autonomous vessel technology Sea Machines Robotics has hired Chris Sotzing as director of engineering. Sotzing will be responsible for the development and deployment of the company’s Sea Machines 300 technology system, as well as managing the engineering team. He reports to COO Jim Daly from the Boston office. Sotzing joins Sea Machines from SeeByte, where he served as an engineering manager supporting unmanned vehicle technologies in Boston.
#BTC100 History
In 1951, under the leadership of Capt. Fred’s son, Morton S. Bouchard Sr., (A.K.A. “Buster” Bouchard), the company builds three 20,000 barrel oil barges and three accompanying tugboats, which ran the New York State Barge Canal. The construction of these vessels would then, in the years that followed, lead to Buster’s position as a prominent figure within the oil transportation industry. The July 2018…
4G Connect: Internet Afloat for Commercial Users
Now available in most coastal areas, 4G LTE cellular connectivity provides a very effective, low cost and fast solution for internet connectivity while in port or coastal waters when users want fast access for entertainment and browsing. Digital Yacht said its new 4G Connect solution is geared for workboat, ferry and utility users as well as commercial ships, is simple to fit and can offer ranges of up to 20NM offshore with super-fast connect speeds.
Bureau Veritas Launches Worldwide E-certification
Bureau Veritas said it is now issuing both classification and statutory e-certificates after having successfully piloted the program with ship owners and flag states. Bureau Veritas digital certificates may now be issued on behalf of 52 flag states, representing 72 percent of the Bureau Veritas classed fleet. “With a significant number of flag states providing their support to this project we now expect to see the rapid development of e-certification.
HMC, JF Moore to Form Joint Venture
Dutch firm HMC and U.S. based JF Moore group announced the establishment of a joint venture under the name JFMooreHMC, enabling both organizations to broaden exploration…
MC-Class Vessels Incorporated in BigLift Fleet
This week, BigLift Shipping’s BigLift Baffin arrived in Singapore to deliver a crane boom and luffing frame for Heerema Marine Contractor’s new flag ship Sleipnir from the Huisman wharf in Xiamen…
Team Tankers Announces $206 Mln Acquisitions
206 MILLION Acquisition of Laurin Shipping AB, Anglo-Atlantic Steampship and related entities announced. Upon completion of tranactions, Team Tankers' fleet will grow to 52 from 37 vessels.
LNG Carrier Seri Camar Delivered to MISC
MISC Group has taken delivery of the 150,200 CBM liquefied natural gas (LNG) carrier Seri Camar, the fourth in a series of five newbuild MOSS-Type Seri C Class vessels built by Hyundai Heavy Industries (HHI). Owned by MISC, the Malaysian-flagged Seri Camar joins sister vessels Seri Cenderawasih, Seri Camellia and Seri Cempaka on long-term charter to PETRONAS. The delivery brings the current number of MISC’s LNG fleet to 28 vessels.
HSH Nordbank Sold to Buyout groups Cerberus, Flowers
Germany's HSH Nordbank, formerly the world's largest ship financier, is being sold to private equity firms as it emerges from crippling writedowns and state bailouts…
Hapag Lloyd Triples 2017 Profit
Full-year operating profit up by 226 percent; full figures, guidance due on March 28. German container shipping firm Hapag-Lloyd on Wednesday reported its 2017 operating profit more than tripled…
Tanker Scrapping is on the Rise -Vessels Value
Tanker demolition is on the rise as 3.5 million DWT has been scrapped so far in 2018, according to Vessels Value. Each factor played a part as the decision to remove a ship from service varies depending on the financial situation of the owner. Some may be motivated as the $/t offered price offsets enough of their remaining mortgage on a ship to allow them to move out of a low cashflow market, while others may remove a ship after it completes a long-term storage contract.
First Daegu-class Frigate Delivered to Korean Navy
The Republic of Korea Navy (RoKN) has taken delivery of its first Daegu-class (FFX-II) frigate. South Korea’s defense procurement agency, Defense Acquisition Program…
SolstadFarstad, Yxney Maritime Roll Out Fuel Efficiency Software
SolstadFarstad and Yxney Maritime AS have completed a pilot project to develop and roll out the fuel efficiency and emission reduction software MarESS. During the pilot…
Unified Command to Tackle Oil Spill in Shuyak Strait, Alaska
Coast Guard and Alaska Department of Environmental Conservation have established a Unified Command in response to an oil spill 49 miles north of Kodiak in Shuyak Strait, Tuesday.
Solstad Farstad Bags New Contracts
Solstad Farstad ASA has entered into a contract with Fugro Netherlands Marine BV for the CSV, Normand Flower, for operations in North European waters. The contract period is 6 months firm.
DP World Moves Ahead with Suez Canal Industrial Zone
Dubai-based ports operator DP World has inked an agreement with the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) to launch the first phase of an…
British Ports Association Comments on UK’s Future Border Arrangements
The British Ports Association has consistently supported the Government’s ambition for frictionless trade with the EU post-Brexit, said Mark Simmonds, Policy Manager at the British Ports Association.
Ship Finance International Bullish on 2018
Ship Finance International announced net income of $20 million and $152 million of total charter revenues for the fourth quarter ended December 31, 2017. The company…
Mitsui O.S.K. Lines Signs MoU with Russian Federation
Mitsui O.S.K. Lines (MOL) signed a Memorandum of Understanding (MOU) with the Far East Investment and Export Agency (FEIA) under the Ministry of the Russian Federation…
Flex LNG Reports 4Q Profit
Norway-listed shipowner Flex LNG reported a net profit of $1.3 million for the fourth quarter of 2017 compared to a net loss of $0.02 million in the corresponding quarter last year.