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Report: SPP Group to Build 15

According to a Reuters report, South Korea's SPP Group (www.spp.co.kr) won new shipbuliding orders for a cumulative 15 ships -- reportedly seven of them bulk carriers -- for $660m.


ISS Palumbo UK Acquires Union Transport

ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd.   The merger of the Union Transport business with ISS Palumbo and its worldwide network will enhance the combination of global project freight forwarding and integrated logistics ISS Palumbo offers to its customers, including ENI, SAIPEM and Air Products.  


India Govt, Cochin Shipyard Pact on FY17 Growth Targets

Image: Cochin Shipyard Ltd

 Cochin Shipyard Limited (CSL) has entered into a Memorandum of Understanding (MoU)  with the government of India for the ongoing fiscal under which targets agreed are in line with aggressive growth plans of the public sector firm.   "CSL has signed a MoU with the Government of India for the financial year 2016-17," Ministry of Shipping said in a statement.   The Memorandum of Understanding was signed by Shri Rajive Kumar


Aker Finnyards: Negotiations with Employee Reps Concluded

Since the beginning of 2005 Finland's three largest shipyards in Helsinki, Rauma and Turku have been working as one company, the new Aker Finnyards. As a part of the restructuring, negotiations were started on November 9 with the employee representatives to improve the productivity of the yards. The formal negotiations have now been concluded, and the number of employees that will be affected will be approximately 315.


New Leadership at Fugro

Fugro GeoServices announced several recent promotions within the company, including two key management appointments: Ted Hampton, president and Adam Jackson, senior vice president. Mr. Hampton is a licensed geologist and former vice president of the company. He replaces longtime leader Mr. Tom Hamilton, who will retire this spring after nearly 30 years with Fugro. Together, Mr. Hamilton and Mr. Hampton led the formation of Fugro GeoServices in 1999 to provide oil and gas clients in the Gulf


Korea Yards to Build Scorpio LPG Tankships

Image courtesy of Scorpio Tankers

Scorpio Tankers signs agreements with two S. Korea shipyards to construct a minimum of 5 & up to 10 LPG tankships, Scorpio's first venture into this specialised market. Emanuele Lauro, chief executive officer and chairman of the board, commented, "We are excited about our entry into LPG which we have long considered an extension of the product market. With common customers, shipbuilders, and trade lanes, and offsetting seasonal swings


Kudos for Norsafe from Australian Navy

Courtesy Norsafe

Norsafe Receives High Praise from Australian Navy Norsafe, global leader in marine life-saving equipment, has received a glowing recommendation from the Australian Navy for the quality of its lifeboat servicing on one of the Navy’s replenishment vessels HMAS Sirius. The work on the HMAS Sirius involved lifeboat overhaul and upgrade plus Non-destructive testing (NDT) inspection and overhaul of the winches and davits.


Port of Brunswick Wins Honda Import Deal

Photo courtesy of Honda

The Georgia Ports Authority has won new import business from Honda. The 2015 Honda Fit, built at the carmaker’s new plant in Celaya, Mexico, is moving into the U.S. through the Port of Brunswick. International Auto Processing (IAP) will handle the cars upon arrival.   “Highlighting the truly global nature of auto manufacturing, a Japanese company building cars in Mexico has chosen Georgia’s deepwater ports as a vital gateway to the U.S


Greencarrier Freight Services Achieves ISO Standards

Georg Skivik Moltu (Photo courtesy: Greencarrier Freight Services)

Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit. “As a new and relatively small company in the oil and gas and project logistics industries, we have to produce a level of quality, personal service and knowledge that exceeds what the competition is doing,” said Georg Skivik Moltu


Hong Kong Eyes Shipping Boost from China's New Silk Road, Iran

File photo: Maersk Line

Hong Kong's crucial shipping trade is hoping China's overseas infrastructure plan and closer business ties with Iran will enable the city to tackle the downturn in the seaborne sector and tougher competition, officials said.   The global container sector, which transports everything from bananas to iPhones, as well as the dry bulk shipping market hauling commodities including iron ore and coal, is struggling with a glut of ships


Mermaid Maritime Wins Subsea Charters

Image: Mermaid Subsea

 Thailand-based Mermaid Maritime, a subsea and offshore drilling services company, has  been awarded two subsea contracts with a combined estimated value of $4.6 million.    The company press release said that the first contract award will involve a short ROV campaign for


S. Korea's Top Three Shipyards Look Bullish

File photo: Hyundai Heavy Industries

 With a slew of contracts to be signed soon  South Korean shipyards are expected to clinch a decent number of new orders during the second half of the year, Yonhap reported quoting  industry sources.  Hyundai Heavy Industries (HHI) and its affiliates have secured a series of


NASSCO Christens Yard Tug Blue Fin

(Photo: General Dynamics NASSCO)

U.S. shipbuilder General Dynamics NASSCO has taken delivery of a new tug, Blue Fin, to support its waterfront activities. The new tug, built by Marine Group Boat Works in National City, Calif., was christened July 8 at a ceremony at NASSCO’s shipyard in Barrio Logan in San Diego


CMR Group Awarded R&D Funding

James Thwaites (left) and Lee Willmott celebrate CMR securing five-figure investment funding from Innovate UK (Photo: CMR Group)

CMR Group said it has won funding support from Innovate UK for a new electrical wiring harness being developed for industrial diesel and gas engines used in harsh environments.   The firm, which specializes in marine control instrumentation and electrical engineering


Yangzijiang Bags Newbuild Orders Worth $133 Mln

Image: Yangzijiang Shipbuilding

 China’s Yangzijiang Shipbuilding has won six shipbuilding contracts worth a total of $133m during the second quarter of this year, Business Times reported.   Three of these orders for 1,800 TEU (twenty-foot equivalent unit) containerships were exercised from options tied to


WorleyParsons Wins Contract from Saudi Aramco for Marjan Oilfield

Australia's WorleyParsons has won a contract from state oil firm Saudi Aramco to conduct engineering and design work for offshore facilities and pipelines for the expansion of the Marjan oilfield in Saudi Arabia, industry sources told Reuters.


Korean Shipyards Look Bullish

Photo: Hyundai Shipbuilding Division

 South Korea's major shipyards are estimated to have racked up solid profit during the second quarter of the year, aided by the increased delivery of ships, cost-cutting measures and a rise in new orders, Yonhap reported citing industry sources.


TMC Compressors Ordered for Star Cruises Newbuilds

Image: MV WERFTEN

Marine compressor supplier TMC Compressors said it has won a contract from shipbuilder MV WERFTEN to supply a complete compressed air system to two new cruise ships the German shipyard group is building for Genting Hong Kong’s Star Cruises.  


Austal Wins USD 584.2 million US Navy Contract

LCS Class. Photo: Austal

 Australian shipbuilder Austal has won a  $584.2 million contract to build a 14th Littoral Combat Ship for the US Navy, Reuters reported.  The contract includes associated LCS class services and related material and integrated data environment support


Corvus Secures $4.9 Mln Credit Facility

Export Development Canada (EDC) has announced the closing of a CAD$6.5 million (US$4.9 million) contract financing credit facility for Corvus Energy Inc., a Richmond, BC-based  designer, developer and manufactureer of energy storage systems (ESS) and lithium-ion battery solutions


Air New Zealand Wins Deal to Service US Navy Engines

Air New Zealand said its Gas Turbines business unit has been awarded four contracts from the U.S. Navy worth up to $42 million to service its fleet’s gas turbine engines.   The contracts will see the Auckland based Gas Turbines team carry out maintenance and overhaul work of the


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


Pacific Radiance Gets USD 45.3mln in Vessel Deals

Photo: Pacific Radiance Ltd

 Singapore's Offshore support vessel (OSV)-focused Pacific Radiance said that it has won US$45.3 million of new contracts including options, which will add to its operating cash flow.   Under these contracts, ten of the Group’s offshore support vessels


MAN Diesel & Turbo Tallies Chinese Dredger Contracts

The MAN 32/44CR engine, ordered as a 12V version for Huanghua Port Bureau (Photo: MAN Diesel & Turbo)

Over a period of four months, MAN Diesel & Turbo has won contracts for four Chinese dredger newbuildings. Chinese outfits CHECD, Jiangsu Haixin and Huanghua Port Bureau recently chose MAN medium-speed engines for trailing suction hopper dredger (TSHD) newbuildings.


Swedish Ferry Repair Contract for Damen

Kasper Dudzik (Photo: Damen)

 Damen Oskarshamnsvarvet informs it has won a contract for the refit and repair works of a Swedish ferry from Trafikverket (the Swedish Transport Administration). Awarded after a public tender process, the contract refers to the Castella, a 77-meter-long Ro-Ro ferry






 
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