Kongsberg Sells Subsidiary Hydroid to HII
Kongsberg Maritime AS has signed an agreement to sell its underwater technology subsidiary company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (HII). In conjunction with the transaction, HII and Kongsberg Maritime are also establishing a strategic alliance to jointly market naval and maritime products and services to the U.S. government market and potentially to global markets.Kongsberg Maritime acquired Hydroid for USD 80 million in 2007 and is…
IMI Shipyard Inks VLCC Order with HHI
Saudi Arabia’s International Maritime Industries (IMI) has signed a vessel purchase agreement (VPA) with the National Shipping Company of Saudi Arabia (Bahri) and a subsequent sub-contract agreement with South Korean shipbuilder Hyundai Heavy Industries (HHI) to build one very large crude carrier (VLCC).Hyundai Heavy will transfer architectural designs and related technological know-how for the building of very large crude carriers (VLCCs) to IMI. It will build one 319,000 DWT…
Bahri Orders First VLCCs from IMI
Bahri, the world's largest owner and operator of very large crude carriers, has signed a Memorandum of Understanding (MoU) to build its first very large crude carrier (VLCC) at the International Maritime Industries (IMI) yard in Saudi Arabia.The agreement signed with IMI and Hyundai Heavy Industries (HHI), one of the partners in IMI, sees Bahri committing the new mega-shipyard its first order before the end of July 2019.Following the placing of the order, IMI will engage HHI as a sub-contractor to build the vessel in South Korea.
Master of Panama-Flagged Bulker Prosecuted
Maritime NZ brought charges against Jianxi Chen, Captain of the Panama-flagged bulk carrier Spinnaker SW on Friday, March 29, 2019.Captain Chen was charged with permitting dangerous activity involving ships or maritime products under section 65(2) of the Maritime Transport Act 1994.Captain Chen permitted crew to load a cargo of logs onto the Spinnaker SW, without the use of personal protective equipment or systems to prevent falls from height, which caused unnecessary danger or…
Sonardyne Acquires Chelsea Technologies Group
Subsea technology developer Sonardyne International Ltd. said it has acquired maritime and marine science technology specialist Chelsea Technologies Group Ltd. as part of a long-term growth strategy that includes market diversification.In acquiring Chelsea (also known as CTG), Sonardyne said it looks to strengthen its presence in the maritime, marine and ocean science sectors and create new opportunities in the water environmental, defense and process control markets. Chelsea will gain access to Sonardyne’s considerable research…
Globecomm Boosts Presence in Greece and Cyprus
Maritime connectivity services provider Globecomm has appointed J&E Papadopoulos as its new representative to the Greece and Cyprus shipping markets.J&E Papadopoulos will provide sales and marketing services locally as well as pre- and post-sales support, installation, commissioning and technical services for Globecomm Maritime products in the region.Established in Piraeus in 1968, J&E Papadopoulos SA is a distributor of marine spare parts, representing numerous European and U.S.
Nor-Shipping Evolution Continues
Nor-Shipping is continuing its modernizing drive with a new logo that affirms its commitment to its core maritime audience, while demonstrating a desire to open up to new business opportunities within the ocean environment. The move follows confirmation from Nor-Shipping Director Per Martin Tanggaard that the event week would be positioning itself as ‘your arena for ocean solutions’ for its next outing in 2019, and beyond.Nor-Shipping 2019, taking place at Norges Varemesse’s Lillestrøm exhibition halls and across numerous venues in Oslo from June 4-7…
Construction Begins on Saudi Aramco's Shipyard Joint Venture
Construction work has begun on a joint venture to build a shipyard on Saudi Arabia's eastern coast, oil rig builder Lamprell Plc said in a statement on Friday. The joint venture, International Maritime Industries (IMI), started operations after reaching agreement for a loan from the state-backed Saudi Industrial Development Fund (SIDF), the statement said. The SIDF agreed in principle last year to provide 3.75 billion riyals ($1 billion) in financing for the project. IMI is a partnership between United Arab Emirates-based Lamprell, state oil giant Saudi Aramco, National Shipping Co of Saudi Arabia (Bahri) and South Korea's Hyundai Heavy Industries Co.
Saudi Aramco Shipyard Joint Venture Appoints CEO
Saudi Aramco and its partners have appointed Fathi K. Al-Saleem as chief executive of a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’s drive to diversify the economy beyond oil. The state-owned oil giant said in a statement on Friday that International Maritime Industries (IMI) had been officially launched in partnership with National Shipping Co of Saudi Arabia (Bahri), engineering firm Lamprell Plc, and South Korea’s Hyundai Heavy Industries Co.
IMS Group Buys OceanSaver Assets
Norway’s IMS group AS announced it has signed a purchase agreement with the OceanSaver Trustee to acquire the ballast water treatment system manufacturer’s intellectual property, certificates and assets following its bankruptcy filed on September 13, 2017. OceanSaver had sold approximately 200 ballast water treatment systems and was among the first suppliers to be approved by IMO, to successfully complete the stringent test regime by the U.S. Coast Guard and to obtain a USCG type approval in December 2016. However, “insufficient liquidity” led OceanSaver to file for bankruptcy after facing “significant downward pressure on equipment prices…
Kamji Marine joins Green Award Scheme
Green Award Foundation has announced that their network of incentive providers has extended to China. Kamji Marine Agency Ltd entered the Green Award scheme. Kamji Marine Agency headquarted in Zhoushan with branch offices in Europe. The company is a husbandry agent (local agent in Zhoushan port and a general agent for all other Chinese ports. It offers a wide range of services such as sludge disposal, tanker cleaning, dry dock repair, technical repair, store & spare parts supply and acts as a SPRO agent.
Maritime UK on Brexit Negotiations
As negotiations begin on the UK's departure from the European Union, David Dingle CBE, Chairman of Maritime UK said: "These are the most critical set of negotiations in a lifetime. “Above all, we need free trade with Europe as well as the rest of the world, enabling our sector to perform its unique and fundamental role in facilitating UK global trade. “A cross-party agreement on Brexit would be a powerful tool to demonstrate a united front in the negotiations. Negotiating such an agreement would mean that the final deal had the widespread support of the British people…
Semco Maritime Wins Order for Culzean Field
Semco Maritime, a global provider of communications solutions, telecoms systems integration services and collaborative applications to the offshore oil and gas industry, has won a multi-million dollar contract to deliver communications systems and infrastructure for the production platforms at the new Maersk Oil operated Culzean field in the UK sector of the North Sea. The award of this contract by Singapore based yard Sembcorp Marine Offshore Platform Pte. Lts. continues Semco…
Finland Funds Autonomous Ship Research
The Finnish government's innovation investment arm, Tekes, said that it is making a multi-year commitment to funding collaborative research and development of autonomous, unmanned ships to ply the world’s oceans in the not-so-distant future. Tekes said in a statement that this research area is a priority for the Finnish government and would contribute to the nation's competitiveness. "Digitalization has a strong role in the development of the competitiveness of the Finnish maritime cluster.
VIKING Steps Up at Cruise Shipping Miami
VIKING Life-Saving Equipment’s product developers have been adding to the company’s range of products and service offerings. VIKING’s new super-sized, flexible evacuation system is a revolutionary hybrid that brings together the best of lifeboats and liferafts in one. The VIKING LifeCraft system combines all of the advantages of modern lifeboats - such as self-propelled maneuverability - with the flexibility, comfort and smaller footprint of today’s liferafts. “This is a product that completely changes the lifeboat vs.
SpeedCast Partners to Expand Satellite Mobility Portfolio
SpeedCast International Limited has established a distributor agreement with Thuraya Telecommunications Company, a Mobile Satellite Services (MSS) operator. The new agreement brings new options for satellite mobility solutions for SpeedCast’s global customer base and expands SpeedCast’s mobility product portfolio. Under the agreement, SpeedCast will now have access to Thuraya’s portfolio of innovative mobile satellite products and services, including Thuraya SatSleeve, XT satellite phones, land and maritime broadband terminals.
Kongsberg Appoints New Managing Director
Leif Kristian Weum has been appointed to the position of Managing Director of the Kongsberg Maritime Sales and Service office in Athens, Greece. Kongsberg Maritime Hellas SA is a key Sales & Customer Support office established to serve the significant number of Greek shipping companies, located in the Athens area. Having served on the Kongsberg Maritime Hellas SA Board of Directors since the office was opened in 2011 and in various customer support and sales management roles within KONGSBERG for almost two decades…
GOST to Debut its Latest at MSE Conference
Marine Security Leader Demonstrates Latest Innovative Surveillance Systems Fort Lauderdale, Fla. today that it will highlight its newest commercial maritime products at the 2016 Maritime Security East conference in Norfolk, Virginia, March 21 through 23, in booth #14. GOST will showcase its GOST Watch HD H20 at the Maritime Security East conference, this year. Designed to withstand the rigors of commercial maritime use, the GOST Watch HD H20 is a revolutionary new video surveillance system, housed in a compact, IP67 certified waterproof, impact-resistant, fiberglass container.
UKHO Warns of Counterfeit ADMIRALTY Products
The United Kingdom Hydrographic Office (UKHO) has observed an increase in the number of counterfeit versions of ADMIRALTY charts and publications in circulation and is re-issuing a warning over the dangers they pose to the safety of vessels, crew and cargo. These counterfeit items have not been assessed by UKHO experts, who cross check and quality assure ADMIRALTY Maritime Products & Services to ensure mariners receive up-to-date and accurate information. Information contained within counterfeit products has also not been issued officially by or on the authority of a Government…
SOLAS Insufficient on Gas Detection -WSS
Ship operators must combine vigilance, structure and care with the new SOLAS X1-1/7 - MSC.1/Circ.1477 & MSC.1/Circ.1485 regulations to safeguard crews from the dangers of gas when entering enclosed spaces, warns Wilhelmsen Ships Service (WSS), stressing that just supplying vessels with one portable four-gas detection unit, as stipulated by the IMO, simply isn’t sufficient. The new regulation, coming into force on July 1, 2016, requires all ships engaged in international voyages to have at least one unit capable of detecting the presence of oxygen, flammable gases or vapors, carbon monoxide and hydrogen sulfide. This is an important step forward, acknowledges WSS, global provider of maritime products and services, but not the end of the road when it comes to safety.
WSS Offers ‘One Stop Shop’ Approach to Bunkering
Ship operators who rely on a myriad of companies for their global bunkering needs are wasting time, money and energy, with no guarantee of standardized quality of products and services, says Wilhelmsen Ships Service (WSS). In an industry defined by tight margins and cost constraints this approach, WSS believes, is ultimately bad for business. The global provider of maritime products and services WSS says it offers an alternative, with its global Bunker Service Agreements. These provide shipping firms with peace of mind and uniform quality…
Damen Now Offfers AEC Scrubbers
Damen Shipyards Group said it has signed a sales agreement with scrubber producer AEC Maritime, meaning Damen will now be able to offer ship owners exclusive access to efficient, low maintenance and IMO-certified exhaust gas scrubber technologies. With the inclusion of scrubber solutions, Damen has added another facet to its strategy of providing ship owners with a total solution regarding the latest IMO requirements. AEC Maritime is a business that draws upon experience and cooperation…
INMEX SMM India Finds its Footing
The impressive response to the INMEX SMM India 2015 that was officially opened yesterday by Deepak Shetty, Director General of Shipping, Government of India, seems to be a clear indication that the green shoots of economic recovery are finally making their appearance in the country. For some time now there has hardly been any event including conferences and exhibitions that succeeded to break even. But the three-day INMEX SMM India now underway (23rd to 25th September 2015) at the Bombay Exhibition Centre, will certainly be something for most participants to write home about.