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26 Aug 2015
Ulstein Verft Launches its Largest Ship to Date
On August25, shipbuilder Ulstein Verft launched from its dock hall a special offshore construction vessel, Yno 302, for Island Offshore and Edison Chouest Offshore. The newbuild measures close to 160 meters in length with at beam of 30 meters, making her the largest offshore vessel built at Ulstein Verft to date. A video of the launch is available here. According to the builder, the vessel’s total steel volume is about 8,800 metric tons – approximately the same as five platform supply vessels.
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21 Aug 2015
Hanssons Increase Stake in NAT
Tanker shipping firm Nordic American Tankers Limited (NAT) announced that chairman and CEO, Herbjorn Hansson, and his family have increased their holding in the company.
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14 Aug 2015
Drought Causes Draft Restrictions in the Panama Canal
Draught conditions have led the Panama Canal Authority (ACP) to set draft restrictions for vessels operating in the canal. ACP described the restriction as temporary and preventive measure due to the El Niño climate phenomenon resulting in periodic warming of the tropical Pacific Ocean. When this occurs, El Niño changes the pattern of rainfall in many regions of the planet, in this case triggering a drought in the Canal Watershed…
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13 Aug 2015
Vard to Build Gillnetter for Breivik AS
Norway-headquartered vessel designer and builder Vard Holdings Limited announced it has secured a NOK 60 million contract for the construction of a coastal fishing vessel for Norway’s Breivik AS. The new gillnetter vessel will be built at Vard Braila in Romania and is scheduled to be delivered during the third quarter of 2016, securing work for the yard in all stages of production. The vessel is of the Seacon SC34 design and is equipped with a factory and freezing plant, Vard said.
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13 Aug 2015
Buyers Reach Agreement on Imtech Takeover
Pon Holdings and Parcom Capital announced they have agreed to buy Imtech Marine, the marine division of Dutch engineering services company Royal Imtech who has been declared bankrupt.
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13 Aug 2015
Tianjin Chemical, Oil, LPG Terminals Closed Following Explosion
All chemical, oil and LPG terminals in Tianjin port are closed following immense warehouse explosions that left dozens dead and hundreds more injured yesterday in Tianjin…
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12 Aug 2015
China Completes Unmanned Ships R&D Project
A research project examining the potential use of unmanned maritime vessels has received unanimous approval from Acceptance Expert Group on July 31, China’s Maritime…
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12 Aug 2015
Huge Explosions Rock Chinese Port City
Massive explosions have injured hundreds in an industrial port in Tianjin, China, as shipments of explosives caught fire and triggered blast waves that could be felt for miles, Reuters reported.
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12 Aug 2015
Teekay’s Gas Carrier Fleet Worth $6.9 Billion
Global shipping giant Teekay LNG Partners can count itself as owner of the world’s most expensive fleet of whole gas (LPG and LNG) ships, worth a combined $6.9 billion, according to online ship intelligence and information service VesselsValue.com. In its newest installment to the Most Expensive Fleet Series, VesselsValue compares the value of Teekay LNG Partners’ entire fleet with the prices of other costly items.
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10 Aug 2015
Norden Shuffles Executive Management Team
Danish dry cargo and tanker shipping company Dampskibsselskabet Norden A/S informs it has combined a number of management functions in order to reduce its executive management team from five to three members. “With the changes we are consolidating a number of functions creating a more streamlined organization,” Norden CEO Jan Rindbo stated in a press release. Effective immediately, Norden’s new plan sees the executive management team trimmed down to CEO Jan Rindbo…
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10 Aug 2015
Honghua Wins Order for 200 LNG Vessels
Honghua Group Ltd. informs it has signed a shipbuilding deal with LNG Power Shipping Ltd. for the construction of 200 eco-friendly inland river ships to be powered by liquefied natural gas (LNG).
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07 Aug 2015
Bluewater to Supply Turret Mooring System for Rosebank FPSO
Bluewater Energy Services B.V. informs it was awarded a contract from shipbuilder Hyundai Heavy Industries (HHI) for the engineering, procurement, construction and integration (EPCI) of a turret and mooring system for a floating production, storage and offloading (FPSO) vessel to be part of the Chevron-operated Rosebank project on the edge of the U.K. continental shelf. At about 80 meters in height…
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06 Aug 2015
CMA CGM Ships Lead Procession in the Suez Canal
Worldwide shipping group CMA CGM informs that two of its containerships are leading a vessel procession that celebrates the inauguration of the newly expanded Suez Canal on Thursday, August 6. The two vessels at the head of the procession, CMA CGM Laperouse and CMA CGM Titan, sail as part of 11 of CMACGM’s main shipping lines transiting by the Suez Canal. Eight percent of the world’s commercial maritime traffic goes through the Suez Canal…
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03 Aug 2015
USCG’s New Cutter Pulls into Boston
The U.S. Coast Guard’s (USCG) latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3 ahead of her commissioning scheduled for August 8. James is the fifth of eight planned National Security Cutters – the largest and most technologically advanced class of cutters in the USCG fleet. A $482.8 million contract for James’ construction was awarded to Huntington Ingalls Industries’ Ingalls Shipbuilding division on September 9, 2011.
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29 Jul 2015
Redesigned LaGuardia Airport to Include Ferry Terminal
The Port Authority of New York and New Jersey and Delta Air Lines are set to overhaul New York’s notoriously outdated and publically criticized LaGuardia Airport, replacing four separate terminals with a single, connected one that will include a ferry terminal. The first phase of the $4 billion construction project, announced Monday by New York Governor Andrew Cuomo with U.S. Vice President Joe Biden, is scheduled to break ground in early 2016 pending Port Authority’s approval.
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29 Jul 2015
Sea Trucks Returns to the Gulf of Mexico
Offshore installation services provider Sea Trucks Group announced it has been awarded a charter contract for its accommodation construction vessel Jascon 31 to operate in the Gulf of Mexico, marking the groups return to the region. The contract will see Sea Trucks provide accommodation support services, lifting operations and installation work to Permaducto S.A. de C.V. for works on the KMZ68/69 project from Pemex for a period of 95 days, plus options.
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24 Jul 2015
Disabled Ship Towed into Port of Djibouti
Italian merchant vessel MV Altinia was towed into the Port of Djibouti after encountering engine problems which left the ship adrift in the Gulf of Aden. Assisting the stricken vessel was EU Naval Force flagship ESPS Galicia, who responded to the disabled ship’s mayday call while conducting counterpiracy patrols in the region. ESPS Galicia sailed close to MV Altina to provide protection from any potential…
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24 Jul 2015
Carnival’s Fathom Names Senior Sales Leader
Carnival Corporation's new brand Fathom has appointed Michelle Sutter as a company senior sales leader. Sutter will be responsible for marketing and business development supporting sales of the new “social impact travel” brand. A 15-year cruise industry veteran, Sutter joins Fathom from Holland America Line and Seabourn where she was business development manager since 2013. Sutter previously served…
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23 Jul 2015
CITB Employees Vote Down Union Petition
Representative employees of marine transportation company of Cook Inlet Tug & Barge Inc. (CITB) on Monday voted to reject a petition that would see a union organize to represent the company’s marine employees, CITB announced today. The employees rejected the petition from the Inland Boatman's Union (IBU) by a vote of 11-4, as tallied by the National Labor Relations Board in Anchorage, Alaska. "Cook Inlet Tug & Barge is gratified by the outcome of the election…
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23 Jul 2015
Canada Invests in a Greener Coast Guard College
Canada’s government has invested nearly $11 million to date for improvements and repairs to the Canadian Coast Guard College. The government of Canada is investing $8.6 million to replace the college’s roof, addition to $2.3 million already devoted to upgrading the emergency electrical system, announced transport minister Lisa Raitt on behalf of the fisheries and oceans minister Gail Shea. The investments…