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Launches New

Marshall Islands Launches New Pricing Scheme for Big Ships

The Marshall Islands register has introduced a new pricing scheme to increase its competitiveness in big ships types such as Capesizes and VLCCs. The scheme came into effect on September 1, 2002. "We reduced annual tonnage tax three years ago from .25 a gross ton to .20 a net ton, and now we have launched an alternative scheme that is more favourable for the big ships", said Bill Gallagher, president of International Registries, Inc., which runs the register. He said the register would reach 15 million gross tons and 500 vessels by the end of 2001, and 20 million tons gross by 2004. He said electronic recording of mortgages, the absence of hidden costs like consular fees and low cost seafarers documentation were aiding the rapid growth. "The register is dominant in the U.S. market, but fast growth is coming from Greece and Germany, with over a hundred vessels", he said.


Beijing Office Opened by OW Bunker

Launch of OW Bunker's new Beijing office is in response to market demand for bunker supplies across China OW Bunker, a leading suppliers and traders of marine fuel, has announced the opening of a second office in China. The move supports its growing customer base in the region, and is designed to capitalise on opportunities presented by the strong growth in the Asian markets. OW Bunker has had a presence in China since 2006 with an office in Shanghai.


Dubai Drydocks to Unveil $60M Project

According to reports, Dubai Drydocks will launch its $60 million newbuilding panel line and steel structure assembly facility in July. The yard, whose current shipbuilding facility has a monthly turnover of 2,800 tonnes of steel, plans turning over similar volumes of steel per month for the newbuilding. It is already building the gravity base structure for a 10,000 steel construction with an extensive piping arrangement and four 6,200 dwt bunker tankers due to be delivered in March.


Pemex to Launch Transport, Drilling Companies in 2015

pemex.jpg

Pemex, Mexico's state oil company, will launch new companies next year as it restructures following landmark energy reform, Pemex Chief Executive Officer Emilio Lozoya told local radio on Monday. "The business plan that we're considering for the next year will involve an internal restructuring," Lozoya said. "We will be launching various new companies that will be 100-percent-Pemex owned in order to run certain businesses more efficiently."


Hempel Launches New Cargo Hold Coating

Hempel launches new cargo hold coating offering best-in-class performance and value Leading coatings manufacturer Hempel announced today the launch of Hempadur Impact 47800, a new dedicated coating for bulk carrier cargo holds. Hempadur Impact offers high-end abrasion, impact and corrosion resistance, and completes Hempel’s range of cargo hold coatings. Hempadur Impact is a new dedicated cargo hold coating for shipowners who want a high-performance cargo hold coating with a very


Yacht Sales – Broker Launches New Website for Luxury Craft

Worldwide luxury yacht brokers, '26 North Yachts' launches new website with reviews, information on over 80 yacht manufacturers Fort Lauderdale-based luxury yacht brokerage firm 26 North Yachts recently launched an upgraded website that the company beliieves sets a higher standard for luxury yacht sales and purchase. Stated to be comprehensive in its scope and coverage, 26NorthYachts.com provides extensive information and reviews on over 80 luxury yacht manufacturers


ISS Launches Joint Venture Ops in Saudi Arabia

Inchcape Shipping Services (ISS) launched new operations in the Kingdom of Saudi Arabia, providing ISS with a presence in one of the largest industrial and project-orientated economies within the Middle East.  In creating the new entity, ISS has signed a joint venture agreement (JV) with Al Bakri Group of Saudi Arabia.  The JV, known as ISS Saudi Arabia will provide customers with marine, cargo and government services as well as survey and liner agency; all specifically tailored to


Lagersmit, Back to Its Old Name

Lagersmit logo

Starting in December 2014, IHC Sealing Solutions will operate under the new – but also old and trusted – name of Lagersmit. The new pay-off line ‘The Origin of Sealing Solutions’ pays tribute to the company’s rich history and its desire to supply the best sealing solutions, now and in the future. On 28 November 2014, the new name was unveiled at a party for the employees of the ‘new Lagersmit’. Why this new name and pay-off line?


RINA Launches Open-sea Crane Standards

Photo: RINA

RINA has launched new standards for cranes which will be used for transhipment of bulk cargoes at sea and has completely revised and rebased its rules for offshore cranes used in offshore construction, service and demolition. Under the new rules for lifting appliances, RINA has split the requirements for specific crane types (ship, offshore and transhipping) into free-standing sections to make the rules more user-friendly.


KVH Introduce 'Business Class' VSAT Service

KVH Industries launches new Unrestricted Rate Plans featuring Business Class Service for its mini-VSAT Broadband network. Designed to meet the booming demand for maritime connectivity, KVH’s new Business Class Service provides unrestricted, prioritized, multimegabit service with unfettered access to all Internet applications and protocols, including streaming media formats, popular Voice over IP (VoIP) services like Skype, and rich media websites.


Dellner Launches New Lightweight Failsafe Brakes

SKP 180 brake (Photo: Dellner Brakes)

 Braking systems manufacturer Dellner Brakes has rolled out two new spring applied failsafe brakes to its SKP range for cranes, winches, deck machinery, oil rig draw works and other equipment, both on and offshore.   Precision engineered in Sweden


CSSC Launches New Marine Service Business

China State Shipbuilding Corporation (CSSC) said it has formally launched a new business CSSC Marine Service Co., Ltd, to coincide with the inauguration of its new logistics center within the Yangshang free trade zone, Shanghai.   The inauguration was marked with a ceremony on June 30, 2017


China Launches New Class of Naval Destroyer

China's military on Wednesday launched a new type of domestically-built destroyer, state media said, the latest addition to the country's rapidly expanding navy.   The 10,000-tonne warship was launched at the Jiangnan Shipyard in Shanghai, the official Xinhua news agency said


Norsafe Secures $23 mln in Contracts

Norsafe Marathon (Photo: Norsafe)

Norsafe reported that it has secured more than 200 million NOK ($23.6 million) in LSA contracts that have been put out to tender so far this year.   In addition to the recently announced contract with Kværner for delivery of three of Norsafe’s largest freefall lifeboats with


Shipping Routes via Oman Opened to Give Qatar Food Lifeline

Qatar and container lines have launched new shipping services via Oman in an effort to sidestep a port ban in neighbouring countries and secure a food lifeline after other Gulf states severed ties with Doha last week. Saudi Arabia, the United Arab Emirates and some other Arab countries cut


Shell Launches New Trunk Piston Engine Oils

Marcus Schaerer, Shell Marine Global Marketing Manager (Photo: Shell)

Shell Marine has unveiled its next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market.   As owners face pressures to shift toward cleaner fuels that address emissions regulations, Shell said demand for distillates and low-sulphur heavy fuel oil


CMIH, DNV GL Enter Shipbuilding Partnership

Front, from left to right: Gui Ming Zhu, Deputy General Manager of CMIH and Director of Yiu Lian Dockyards (Shekou) Limited; and Torgeir Sterri, Regional Manager Greater China at DNV GL – Maritime; sign a strategic cooperation agreement at Nor-Shipping this week. (Photo: DNV GL)

At Nor-Shipping this week, China Merchants Industry Holding (CMIH) and DNV GL have signed a strategic cooperation agreement with a focus on advancing shipbuilding in the gas carrier, offshore and special vessel segments.   The agreement – signed by Gui Ming Zhu


BMT Launches New Fleet Performance Management Solution

Pic: BMT SMART Ltd

 BMT SMART (BMT), a subsidiary of BMT Group, has launched SMARTNOON, a new solution that can deliver higher resolution vessel performance data based on noon reports.   Taking a vessel’s noon report as a starting point, SMARTNOON adds metocean data


MTEA Launches New EPA Tier 3 Marine Engine

Photo: Mitsubishi Turbocharger and Engine America, Inc.

Mitsubishi Turbocharger and Engine America, Inc. (MTEA) announces the introduction of a 684 hp at 1,800 rpm (510 kW at 1,800 rpm) engine that complies with EPA Tier 3 regulations. The new S6R-Y3MPTAW-1 model is a propulsion-certified unit ideal for heavy-duty workboat repower applications


Bahri, Hyundai Heavy Pact for Big Data Initiatives

Bahri and HHI signed an MoU at Bahri headquarters in Riyadh to strengthen existing relationship and spur Big Data innovation. Photo: Bahri

 The National Shipping Company of Saudi Arabia (Bahri)  has signed a Memorandum of Understanding (MoU) with Hyundai Heavy Industries (HHI) Group to harness Big Data and technological innovation in the maritime industry.   


REINTJES Launches New Hybrid Step-up Gearbox

Image: REINTJES

Power train specialist REINTJES will demonstrate its new BAE HybriGen Zero system at the Offshore Technology Conference (OTC) in Houston.   The recently developed hybrid step-up gearbox for retrofit offers reduced operating costs, reduced emissions and reduced maintenance costs


Stream Marine Training Building New HQ

Martin White (Photo: SMT)

U.K. safety training company Stream Marine Training (SMT) has broken ground on a major project to refurbish its newly purchased 20,000 sq ft headquarters at Glasgow Airport.   SMT was founded in 2014 by Martin White at smaller premises at Glasgow Airport


Subsea 7 CFO has 'Measured Optimism' of Oil Service Market Recovery

File photo: Subsea 7

Oslo-listed oil services firm Subsea 7's Chief Financial Officer Ricardo Rosa told an energy conference in Oslo he sees gradual market recovery as oil prices stabilize, and the outlook for subsea project awards increasing within the next 12 months.


Alphatron Launches New Magazine

Photo: Alphatron Marine

Alphatron Marine has launched the Alphatron Marine Magazine, an international glossy to communicate and share Alphatron Marine and JRC news, show its latest innovations and deliveries and tell about the group’s locations and services worldwide


SM Line Launches New Shipping Services

Photo: SM KLC

 South Korea's new container carrier, SM Line, which is built mainly on the remains of collapsed Hanjin Shipping, plans to kick off operations with as many as nine routes this year.    According to Yonhap,  it will begin its services to Thailand, Vietnam






 
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