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Zamakona, Finnish GS-Hydro Ink Deal

Presentation ceremony of the agreement between Zamakona and the Finnish GS-Hydro

  The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.m.) in the auditorium of Zona Franca in the Las Palmas Port. The event, attended by leading companies from both Las Palmas Port and Canarias ´industry, attended by the President of the Port Authority of Las Palmas, Mr. Luis Ibarra, Zamakona Yards´ CEO in the Canary Islands, Mr. Álvaro Garaygordobil, Mr. Jukka Suotsalo, Vice President of Business Development at the GS-Hydro Corporation, Mr. Borja Garaygordobil, General Director of Zamakona Yards in Canarias and Mr. Pablo Moya, General Director of GS-Hydro SAU who was in charge of the presentation of the services that GS-Hydro will offer now in Canarias. This event follows the agreement signed last December in Zamakona´s offices in Las Palmas, has an initial term of two years and will involve the inclusion of hydraulic services in the already extensive range of services offered by the Group Zamakona Yards in the Canary islands. GS-Hydro is a Finnish multinational with over 40 years of history, inventor of bonding systems seamless pipe and hydraulic industry leader in high performance. GS-Hydro is present in over 25 countries worldwide and has a subsidiary in Spain since 1993, with facilities in Madrid and Bilbao and responsible for all operations in Spain, Portugal and France


GS Group Shows Interest in Acquiring Daewoo Shipbuilding

A number of companies have been showing interest in the sale of Daewoo Shipbuilding & Marine Engineering (DSME.)  GS Group has expressed interest to acquire the shipbuilder. According to reports, the group believes it has an advantage over other conglomerates such as POSCO and Doosan. On the contrary, GS believes its acquisition of the shipbuilder will increase synergy with businesses it holds interest in ― energy, engineering and construction.


Plecdist: Paperless Navigation with new ECDIS

The CS68 ECDIS from Simrad is based on the newly developed, marine dedicated MC50 computer, designed to provide SOLAS vessels with fully approved (Wheelmark) ECDIS. Simrad has coined the phrase PLECDIST - or Paper Less ECDIS for CS68 – to demonstrate that the system really does enable the ability to travel without paper charts. The fully approved and redundant nature of the CS68 ECDIS means that no paper charts are required on board


Aker Yards to Build Container Vessels for König & Cie

Aker Ostsee in Germany, a part of Aker Yards, has been awarded contracts to build four container vessels of the type Aker CS 2700 for König & Cie. GmbH & Co. KG in Hamburg (Germany). The total contract value is approximately EUR 160 million. The vessels are due for delivery between the first and third quarter of 2007. The vessels of the type Aker CS 2700 are 221.6 m long and 29.8 m wide, with a deadweight of 37.570 t


Damen Delivers two Multi Cats

Following delivery by Damen Shipyards Hardinxveld of two shallow draft Multi Cats 1908 to Coastal Shipping, these versatile workboats were named by Miss Marina van Oord and Mrs. C. Ybema on the 6th of September 2005. Named CS Marine and CS Carmen the vessels will be used for anchor handling, supply duties, towing, hose handling and survey activities. The 19 m vessels will be deployed in the Caspian Sea on a long term contract, supporting the local oil- and gas industry


Moran To Launch Pushboat

Around the end of June Moran Towing Corp. of New Canaan, Connecticut will launch the Lisa Moran, a new triple screw push boat at the C&G Boatworks yard in Mobile Alabama. This will be the third push boat in the extensive and varied Moran fleet. The firm’s two existing pushboats were repowered with Cummins engines earlier this year. Three Cummins KTA38 M0 mains, each one producing 850 hp at 1800 rpm, will power the 77 x 30-ft. Lisa Moran


BC Ferries Releases 3Q Results

British Columbia Ferry Services Inc. (BC Ferries) today released its third quarter results for fiscal 2007/08. The company reported a net loss of $7.8 million for the three months ended December 31, 2007, compared to a net loss of $1.8 million in the same quarter last year. Net earnings before extraordinary gain for the nine-month period ended December 30, 2007 were $67.7 million, down from $82.0 million for the same period in the previous year.


CMA CGM Updates European, African Services

cma w. af.jpg

The CMA CGM Group announce the specialization of its EURAF 1 and EURAF 2 services to meet the needs of its African and European clients. Accordinng to the shipping company, the services will offer two weekly services from Europe and the Mediterranean to Africa instead of one; improved reliability and punctuality, with a new calls distribution between the different EURAF services; and strategic calls in Hamburg and London Gateway ports to Nigeria, Ghana, Ivory Coast and Senegal


CargoWise Continues North American Expansion in Canada

Chicago — CargoWise is continuing its expansion into Canada with the implementation of its  ediEnterprise solution for the Canadian-based C.S World Cargo 2000 Ltd and CAN ASL Inc. CargoWise’s rapid expansion into the Canadian market is centered on providing solutions specifically tailored to the needs of Logistics Service Providers (LSP’s) in the Canadian marketplace, particularly with regard to customs brokerage.


DSU Tests New Submarine Rescue System with Chilean Submarine

By Mass Communication Specialist 2nd Class (SW) Alexia M. Riveracorrea, , Pacific The Navy's Deep Submergence Unit tested a new system known as the submarine rescue diving and recompression system (SRDRS) with the Chilean submarine CS Simpson (SS-21) Sept. 17-18. The SRDS is designed to be rapidly deployed to any location in the world via air or ground and can be installed on military or commercial vessels when a call for assistance is received


Diana Addendum to Time Charter with Rio Tinto

Sideris GS. Photo: Diana Shipping Inc.

 Diana Shipping, through a separate wholly-owned subsidiary, has agreed to extend and increase the time charter rate of the present time charter contract with Singapore-based Rio Tinto Shipping (Asia) for one of its Capesize dry bulk vessels, the m/v Sideris GS.  


Global Marine Group Keeping Busy in 2017

(Photo: Global Marine Group)

Offshore engineering firm the Global Marine Group (GMG) reported a busy first five months of 2017 with a strong outlook for the rest of the year. The company said all key assets from the GMG fleet are currently mobilized, either supporting maintenance zone agreements around the world


Recent Vessel Sales: May 2017

Vessel sales for May 2017 (as of June 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Year Built - (Age) - Price in Millions USD   Bulk Carriers 5/22 - GLOBAL PEACE - 31,875 - 11 - (6) - $10.1 5/6 - CS OCEAN - 32,269 - 08 - (9) - $8.5


VLCC Rates to Stabilise as Owners' Resolve Stiffens

File Image: CREDIT EuroNav

VLCC's likely to struggle to break even for next two months; three-tier VLCC market weighs on sentiment.   Freight rates for very large crude carriers (VLCCs) are likely to become steady around the current levels as owners resist charterers' attempts to pull down hire rates with the


John C. Stennis Best in the West

Photo: United States Navy

 Commander, Naval Air Forces, Pacific announced Nimitz-class aircraft carrier USS John C. Stennis (CVN 74) as the recipient of the 2016 Battle "E" award for aircraft carriers home-ported in the Pacific, March 28.   The Commander


Global Marine Expands Its Fleet

(Photo: Global Marine Systems Limited)

 Subsea cable systems design, installation and maintenance firm Global Marine Systems Limited, has added the 6,200 ton cable deadweight CS Recorder to its fleet.   Built in 2000, the vessel formerly known as the Maersk Recorder, has previously been chartered by Global Marine for


Chevron Names Wirth Vice Chairman

Michael K. Wirth, Executive Vice President, Midstream and Development

Chevron Corporation said today that Michael K. Wirth, executive vice president of Midstream and Development, has been named vice chairman, effective February 1, 2017. “As a senior officer of Chevron, Mike has made significant contributions to the company’s success,” said John S


Nogaholding Secures $741 mln Loan for LNG Terminal

Image: Nogaholding

 Nogaholding, the investment and business development arm of Bahrain’s National Oil and Gas Authority (NOGA), recently hosted a dinner to mark the financial close of its LNG Terminal Project with Bahrain LNG WLL, the developer and owner of the first LNG receiving and regasification


Tenth Terex Gottwald Crane for Japan

Tenth Terex Gottwald mobile harbour crane for Japan A Model 2 mobile harbour crane like this one in the G HMK 2204 variant will handle container and general cargo in Otake from spring 2017. It will be the first crane of Generation 5 from TPS in Japan

The fleet of diesel-electric Terex Gottwald mobile harbour cranes in Japan continues to grow. In spring 2017, Terex Port Solutions (TPS) will supply a Model 2 crane to the Port of Otake in the south of the country. There, the machine in the G HMK 2204 two-rope variant ordered via Chikuho


Recent Vessel Sales: October 2016

Vessel sales for October2016 (as of November 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Year Built - (Age) - Price in Millions USD   Bulk Carriers 10/16 - ORIENTAL PHOENIX - 14,181 - 1999 - (17) - $2.35


HMM Adopts INTTRA's eVGM Solution

INTTRA now offers an eVGM solution that enables customers to seamlessly comply with SOLAS VGM. Photo INTRA

Hyundai Merchant Marine (HMM) has expanded its longstanding relationship with INTTRA, the world's ocean shipping electronic marketplace, by adopting the INTTRA eVGM Service as a channel to facilitate compliance with the International Maritime Organization's Safety of Life at Sea (SOLAS) Verified


Cable Ship Rescues 14 Fishermen near Mumbai

The crew deployed on the C.S. Dependable, a transoceanic cable ship from TE SubCom, rescued 14 fisherman in the Arabian Sea off the Maharashtra Coast near Mumbai, India.   Indian fishing boat FV Datta Sai sank on September 17 with 16 persons aboard


South Korea Mulls LNG Bunkering Hub

Image: SSPA Sweden AB

 A group of South Korean companies including shipbuilders have come together to establish an association dedicated to developing liquefied natural gas (LNG) bunkering facilities and infrastructures including LNG-fueled vessels, says a report in the Pulse.  


Panama's Expanded Canal Attracts Biz and Tourists

Photo: Panama Canal Authority

 Recent expansion of the Panama Canal should lower shipping costs, say market observers. Shipping geeks will delight at this engineering marvel that revolutionized global maritime trade.   As a major Latin American hub of finance, commerce and transportation


Kvichak Delivers for the NYPD

Photo: Kvichak Marine Industries

Kvichak Marine Industries informs it continues to expand production of its high performance vessel line with delivery of another Response Boat - Medium Commercial   Kvichak, a Vigor company, delivered a fourth, 45-foot Response Boat - Medium C (RB-M C) to its longtime customer






 
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