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15 Aug 2014
Brazilian Ferry Launched
AFAI Southern Shipyard and CoCo Yachts Holland announced that the first Urban Sprinter 2000, yard number ASA 042, was launched August 14, 2014. The Urban Sprinter 2000 was designed by CoCo Yachts Holland and built by AFAI Southern Shipyard in Guangzhou for SETRANS Rio de Janeiro. The ASA042, temporarily named 01, is the first vessel out of a series of seven. The final name of the vessel will be announced later…
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14 Aug 2014
Rapp Marine Hires Vatnehol as CEO
Helge Vatnehol has been appointed Group CEO of Rapp Marine. Vatnehol comes from the position of Senior Vice President Offshore Deck Machinery in Rolls Royce and takes over on September 1, 2014. “The companies in the winch division of former Rapp Marine Group have been collected within Rapp Marine Group. We are delighted that Helge Vatnehol has accepted the challenge to lead the group,” said Board Chairman of Rapp Marine, Olav Fjell. Vatnehol joined Rolls-Royce in 2000.
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14 Aug 2014
Video: Halifax Shipyard Construction Progress
Irving Shipbuilding’s Halifax Shipyard Modernization Program, a two-year engineering and construction investment to prepare the company’s facilities to build Canada's future combatant ships, is well underway. View a time lapse video of the yard modernization progress via the following link: http://vimeo.com/103323922. Irving said that upon completion, the modernization project will result in one of the most modern shipyards in North America.
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14 Aug 2014
Rolls-Royce Partners with Nauta S.A. Repair Yard
Rolls-Royce Marine and Nauta S.A. ship repair yard have signed a cooperation agreement in Poland. Under the new partnership, Rolls-Royce Marine will gain exclusive rights to provide services on all Rolls-Royce equipment coming into the shipyard. In return, the cooperation is expected to bring in an increased flow of customers into the shipyard, knowing they can readily access the original equipment manufacturer expertise required for the work…
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14 Aug 2014
MOL Bulker is the First Built with Safer Hull
Mitsui O.S.K. Lines, Ltd. (MOL) announced the world’s first use of highly ductile steel plate NSafe-Hull, developed by Nippon Steel & Sumitomo Metal Corporation on a merchant vessel. The ship featuring this new safety-enhancing feature, a large-size bulk carrier, was launched on August 2. The NSafe-Hull’s highly ductile steel reportedly absorbs side impact to the hull three times more effectively than conventional steel plate…
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08 Aug 2014
Polarcus Tests Market, Improves Earnings
Polarcus Limited today announced the release of its second quarter 2014 financial statements in which it reported revenue rose 13% sequentially and 5% YoY to $137.6 million while. The company highlighted EBITDA of $49.9 million and EBIT of $23.8 million, a net profit increase to $9.2 million, from 6.3 million in Q2 2013, net cash flow from operations of $45.6 million, a strong Multi-Client prefunding of 92% and 30% reduced financing costs YoY with improved maturity profile.
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07 Aug 2014
Shippers Struck by Truck Capacity Issues
Evergreen Shipping Agency (America) Corp. recently announced that its movements have been affected by “truck capacity issues,” which the shipper said have been brought on by a combination of contributing factors, including driver shortages, infrastructure problems, and stricter regulations. “Every ocean carrier is being impacted by the truck shortages," Evergreen said. "While we are working 24/7 to honor our service promises…
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07 Aug 2014
Panama Canal Imposes Extra Personnel Requirement
Based on recent evaluations of lockage procedures, the Panama Canal Authority has determined that due to the special configuration of some vessels, and in order to avoid accidents during lockage operations, supplementary personnel will be assigned to vessels with mooring stations on different decks; vessels with mooring stations areas that, due to their configuration, present difficulties for line handling operations; or vessels with any other deficiency that may affect transit operations.
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07 Aug 2014
USJ-IMECO Acquires Joiner Systems
Affiliates of USJ-IMECO Holding Company, LLC , a portfolio company of J.F. Lehman & Company (JFLCO), today announced the acquisition of Joiner Systems, Inc. Joiner Systems…
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07 Aug 2014
Navigator Enters Long Term Ethane Transport Charter
Navigator Holdings Ltd. announced today that it has signed a long term shipping agreement for one of its 35,000 cubic meter ethylene/ethane capable semi-refrigerated liquefied gas carriers, currently being built at Jiangnan Shipyard, China. The ten year time charter has been agreed with Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers.
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07 Aug 2014
Survitec to Exhibit Escape Slides at SMM
Survitec Group announced that it will showcase its SurvitecZodiac range of escape slides and liferafts at the SMM exhibition in Hamburg as part of the Survitec Group Stand (Hall B5, Booth 324) and will include presentations of what the company calls the most advanced escape slide systems on the market. Notable among these is the fully automatic ESS (Escape Slide System) MES escape slide system that can be launched at the touch of a button and made ready for use without any crew involvement.
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07 Aug 2014
Defender Brings MagicEzy Products to N. America
MagicEzy, Australian manufacturer of new MagicEzy9-Second Chip Fix, MagicEzyHairline Fix and MagicEzyMega Fusionboat surface repair products, has announced that American marine outfitter Defender Industries is now offering its products nationwide through its website, mail order catalog and 110,000-square-foot warehouse outlet store in Waterford, Connecticut. A marine outfitter since 1938, Defender offers an array of products covering every aspect of boating equipment, gear and supplies.
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07 Aug 2014
GEA Heat Exchangers to Present at SMM
GEA Heat Exchangers said it will present its latest innovations at SMM 2014, the maritime-business trade fair for shipbuilding, machinery and marine technology from September 9-12 in Hamburg Germany. The company will exhibit in hall A3, at stand 212, where visitors can become acquainted with a variety of product innovations for maritime operations and offshore applications. In addition to its already proven exhaust gas recirculation coolers (EGR) for four-stroke diesel engines…
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07 Aug 2014
Deltamarin to Outfit First LNG-powered Icebreaker
Deltamarin Ltd. has been awarded a contract by Arctech Helsinki Shipyard Inc. for the entire machinery and technical spaces outfitting production design of the first LNG-powered icebreaker. The vessel is to be built for the Finnish Transport Agencey, and aims to reduce emissions and fuel costs by using both diesel and LNG as fuel. The icebreaker is designed especially for operations in the most challenging icebreaking conditions in the Baltic Sea.
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06 Aug 2014
DMW Completes Crane Acceptance Trials
DMW Marine Group announced it has completed factory acceptance testing on four of its model M400.24A4 cranes with DNV OS E101 certification and type approval. The cranes are for installation on new drillships for a U.S. customer, DMW said, adding that 12 more cranes are to follow in the next year for the same customer. dmwmarinegroup.com
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06 Aug 2014
Plans in Place for New Suez Canal
Egypt has unveiled its plan to build a new Suez Canal alongside the existing 145-year-old waterway, and digging is already underway, GAC reported in its daily Hot Port News report. The project will see the creation of a new canal parallel to the old one, with the same depth and width, creating a two-way waterway. The existing Canal is already double-sided in some parts, and the new project will extend this to allow the transit of ships in both directions.
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06 Aug 2014
Jaya Delivers AHTS Vessel for Mermaid Marine
Offshore marine services provider Jaya, now part of Mermaid Marine Australia Ltd. (MMA), today delivered Jaya Majestic, a new state-of-the-art anchor handling tug supply (AHTS) vessel into MMA’s international fleet. Jaya Majestic was built at the company’s Singapore shipyard and is the first vessel to be delivered following the acquisition of 100% of Jaya Holdings’ subsidiaries by MMA earlier this year. MMA is Australia’s largest marine services provider to the offshore oil and gas industry.
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06 Aug 2014
Hatz to Present Engine Concept Study at SMM
Hatz Diesel, a manufacturer of industrial diesel engines, presents the concept study of the new 4H50TIC as a marine version at the SMM exhibition in Hamburg. Hatz will also showcase other available GL certified engines. Hatz Diesel, a manufacturer of industrial diesel engines in the power range from 1.5 to 56 kW, presents its products for maritime applications at SMM in Hamburg from September 9-12, 2014.
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05 Aug 2014
Selling the World's Priciest Ship...
Online ship intelligence and information service VesselValue.com has launched a series highlighting the world's most expensive active vessels, and this week focuses on the costliest of all: QMAX liquefied natural gas (LNG) carrier Zarga, which prices in at a whopping $221.8 million. According to VesselValue, Zarga’s sticker price is equal to 1.5 of Real Madrid footballer Gareth Bale’s $145 million transfer fee…
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05 Aug 2014
Marinevac Adds New Operator in Florida
Marinevac, specialists in the cleaning of vacuum toilet systems on board private and commercial vessels of all sizes ranging from yachts to cruise ships and naval vessels…