Laugfs Buys Third LPG Carrier Vessel
Laugfs Maritime Services, the shipping division of Sri Lanka’s Laugfs Gas, has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for USD 2.875 million, reports Lanka Business Online quoting company sources. The 1998-built 3,500-cbm Lady Martine was bought from Ultragas at a price of $2.875m and will be renamed Gas Courage. It will be reflagged to Sri Lanka. Laugfs Maritime Services private limited operates with Board of Investments of Sri Lanka approval to carry out a business of sea cargo operation services.
Maritime Services Plays Role in Robin Hood Film
For the Ridley Scott movie, Robin Hood, which opened at the Cannes Film Festival, the Dover beaches were recreated at Freshwater West, in Pembrokeshire, Wales. The last 15 minutes of the film is set on the beach with 130 horses doing a full speed gallop charge into 600 actors. Maritime Services International (MSI) was called in to source a suitable vessel that could be converted into a 12th century landing craft for the French invasion fleet. MSI found an old LASH barge in Castleford that seemed to suit the brief.
National Maritime Services Names Swimmer President
Alan Swimmer has been promoted from his position as director to president of National Maritime Services, a comprehensive vessel arrest custodial service. He will continue to act as president of Maritime Capital Group, a marine finance, insurance and titling company. In his expanded role, Swimmer will have full operating responsibility over National Maritime Services. Swimmer is Toney’s longtime business associate, and he brings 25 years of experience in management, marine lending and finance to his new position. He will continue to report to Toney, chairman of both companies.
P&O Maritime Services Enters Cable Installation Market
P&O Maritime Services, owner and operator of specialist science and cargo vessels, has entered the power cable installation market with its vessel CS European Supporter. The company has signed a long-term agreement with UK-headquartered subsea cable specialists, Offshore Marine Management (OMM), for the provision of a suite of capabilities to be marketed with the entrant cable installation vessel. The European Supporter, formerly Oceanic Viking, is due to enter the European and…
OCEAN Alliance Launch Announced
CMA CGM, a leading worldwide shipping group, launches Saturday April 1st the 40 new maritime services of its new operational alliance OCEAN Alliance. Combining this new offer of maritime services with a global intermodal and logistics offer, CMA CGM Group and its subsidiaries supply its customers with tailored solutions, even more competitive on the routes Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia–Middle East, Trans-Pacific, Asia-East Coast of North America trades and Transatlantic.
New Venture Aims to Uproot Shipping’s Status Quo
With a belief that innovation in shipping has fallen well behind other sectors, new entrant into the maritime industry Nisomar has launched a range of services for ship owners, operators, brokers, charterers and financial institutions. Nisomar said it has pioneered a method of collecting global shipping data and created proprietary technology, based upon technology that generates highly accurate business-critical data. The firm will derive insights from big data to offer analytics that support business decisions…
Maritime Services Become More Globalized
Shipping is the premise for international trade and has always been an international industry. A central driver for the global shift has been the operational and technological development of the shipping industry, which has lowered transportation costs dramatically, says a report from Menon Business Economics. With the emergence of standardized bulk carriers, oil and other raw materials could be traded globally. Today most shipping markets, not just raw materials carried in bulk, but also specialized segments like cruise, offshore and car carriers, are globalized.
Grand Bahama Shipyard Continues Relationship with PC Maritime Services
Grand Bahama Shipyard (GBS) informs its exclusive agency agreement in the Netherlands, Belgium and Luxemburg will continue, as PC Maritime Services’ new owner, Hilka Willms, takes the helm. Upon the retirement of Hans Stoop, his successor Willms will maintain the continuity of GBS representation in BeNeLux. Willms’ experience on both sides of the ship repair business started with a decade-long career at a ship repair yard in the Netherlands, followed by ship repair yard representation experience.
King Abdullah Port Bullish on Maritime Services
Specialized Marine Services (SMS), a JV between the Ports Development Company (PDC), which is the private sector owner and developer of King Abdullah Port, and the National Port Services Company, delivered 1,460 maritime services in 2016. It expects 30% increase expected by the end of 2017. SMS is the primary supplier of marine services, such as marine guidance, in King Abdullah Port. Its team includes highly qualified and skilled maritime guides with vast experience in dealing with the largest international vessels, most of which have visited the King Abdullah Port.
Maritime Services Announces Promotions
Maritime Services Corp. announced the following individual company promotions; Donald Helt, to COO; David Culpepper, to President, replacing Charlie Capovilla; Ken Carpenter, Vice President Cruise Refurbishment; and Nathan Brennan; to Vice President, Commercial Sales; and Dianna Thomas, to CFO, replacing Andre Young.
Nakilat Net Profit Down for the Last Nine Month
Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, concluded its financial results for the nine-month period ended 30 September 2017, with a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016. The lower profit was mainly attributed to the effect of changing the estimated scrap value of vessels in accordance with applicable International Accounting Standards and the lower number of charter hire days in the current period compared to the same period last year (2016 was a leap year).
Patriot: 20 Years in Ship Management
Patriot Contract Services, LLC (PCS) is celebrating the 20th anniversary of its operations as a completely U.S.-owned ship management company. During the past 20 years PCS and its affiliate American Ship Management, LLC have provided ship management and other maritime services to valued customers such as the Military Sealift Command (MSC), the U.S. Maritime Administration (MARAD), American President Lines (APL) and Schuyler Lines Navigation Company, while Patriot Maritime Compliance, LLC has provided expert regulatory guidance to both U.S. flag and international clients.
Hong Kong Plans to Add High-Value Maritime Services
In his annual policy address to the Hong Kong SAR Legislative Council, Chief Executive C Y Leung pledged that the Government would continue to improve port facilities and enhance the efficiency of port operations, thereby seizing the opportunities brought by the growth of trade in the Mainland and Asia. "The logistics industry has flourished in recent years. Ten hectares of land have been set aside in Tuen Mun West for logistics use. Land will also be earmarked in new development areas for the construction of modern logistics facilities.
Mermaid Marine to Merge with P&O Maritime Services
Mermaid Marine Australia Ltd will merge with Dubai Ports World subsidiary P&O Maritime Services Pty Ltd through a share-trading arrangement. Mermaid will issue 221.9 million shares to DP World in return for 100 per cent of the shares in P&O Maritime Services Ltd and P&O Polar Australia Pty Ltd, subject to shareholder approval. The deal will result in DP World owning 60.4 per cent of Mermaid, with existing shareholders holding the remaining 39.4 per cent. Mermaid will also assume an additional $40 million of net debt initially in the form of debt due to DP World as part of the transaction. Mermaid directors said in a statement that the proposed merger would create a highly attractive business diversified across a range of maritime services…
London Tops Xinhua/Baltic Exchange Index for Maritime Services
London has come top of a listing of maritime service centres published by the Baltic Exchange and Xinhua, China’s news agency, whilst Singapore heads the overall list for its combined port and maritime services offering. The International Shipping Centre Development Index (ISCD) covers 46 of the world’s largest ports and cities and is designed to bring clarity to investors and governments on the relative performance of shipping centres around the world. London makes second place on the overall index, closely followed by Hong Kong.
Germanischer Lloyd Restructures Maritime Services
Germanischer Lloyd has restructured its Maritime Services. the classification society has optimized its workflows. 2007, the Maritime Services will be subdivided into the divisions Fleet in Service, Ship Newbuilding, Maritime Systems and Components and Innovation and Strategic Research. Consisting of a number of competence centers and departments, each division has been assigned to a client group: shipowners, shipyards and supply industry. The aim is to provide the customers with individual technical support. Peter Leveringhaus, a graduate engineer, has been appointed manager of the new division Maritime Systems and Components. Leveringhaus is a graduate in mechanical engineering and a qualified electrician. He has acquired professional experience as department head and sales manager.
Striking Bollard Pull Results for ALP Striker
ALP Striker achieved an impressive and most satisfactory bollard pull results of 309.6 tonnes during her sea trials. The DP II Anchor Handling Salvage Tug was delivered on 12 September to ALP Maritime Services. The vessel is designed for towing very large floating objects while also offering services such as anchor handling, positioning and mooring. The ALP Striker has been constructed by Niigata Shipbuilding & Repair, Japan. She is the first of four ultra-long distance towing and anchor handling vessels for ALP Maritime Services, a subsidiary of Teekay Offshore Partners L.P.
New Tug Named for KT-Maritime Services
A naming ceremony was held for RT Raven in Sharjah, UAE, where the new tug was built at the Albwardy Damen yard. RT Raven is managed by KT-Maritime Services Australia, owned by the KOTUG group, and will be deployed by ConocoPhillips in the Bayu Undan field, north of Australia. The ART 100-46 class Rotor tug is designed by Robert Allan Ltd and DAMEN Hardinxveld. The RT Raven will provide offshore services, towage assistance, personnel transfer and standby duties at ConocoPhillips’ Bayu Undan field in the Timor Sea.
L-3 Taps Whitlow as President of Aviation and Maritime Services Division
L-3 Communications said that Bill Whitlow was named as President of its Aviation and Maritime Services division (AMSD). Whitlow assumes the role previously held by Tom Brennan before his recent retirement from L-3. Prior to his promotion, Whitlow was a Vice President at AMSD. AMSD, based in Marlton, New Jersey, is a recognized industry leader, providing engineering, management, training and technical support services nation-wide. In 2006 AMSD continued to expand its role in the development and integration of Unmanned Air Systems (UAS) under contracts with the U.S. Navy.
HMS Westminster Undergoes Extensive Refit
A multimillion pound refit has been carried out on Portsmouth-based Type 23 Frigate, HMS Westminster, to return her to the forefront of naval capability. Her extensive maintenance period, as part of the £600 million Maritime Services Delivery Framework (MSDF), has been carried out by a team of more than 800 people at Portsmouth Naval Base, U.K. The upkeep program on the 24-year-old Duke Class frigate has followed several busy years of deployments across the globe and includes upgrades to weapons and marine systems that will enhance her warfighting capabilities for years ahead.
Rolls-Royce to supply machinery for 4 tugs for ALP Maritime Services
Rolls-Royce has been awarded a £19m contract to deliver deck machinery for four ocean going tugs, designed by Ulstein Design & Solutions, for Dutch company ALP Maritime Services. The vessels will be constructed in Japan by Niigata Shipbuilding & Repair. The vessels are being developed for towing large structures like oil rigs and floating production units over long distances. The bollard pull for each of the four vessels will be 300 tons and they will be equipped for anchor handling. John Knudsen, Rolls-Royce, President Offshore, said: "This project is a good example of how our solid industry know-how makes us a partner of choice for innovative ship owners and design teams. The deck machinery delivered from Rolls-Royce will include a complete low pressure winch solution and a stern roller.
Survitec Group Completes Merger with WMS Safety Business
Survitec Group, a provider of critical safety and survival technology to the marine and defence markets, has announced the completion of its merger with Wilhelmsen’s marine safety business. The deal includes the transfer of all Wilhelmsen Maritime Services AS (WMS)’ safety related systems, products, services and competence to Survitec. The combined business will operate under the name Survitec Group. Survitec Group will have access to a £1.5 billion ($1.9 billion) addressable global market and will have over 3,000 employees in more than 35 countries. The combined group will have a revenue of ~c.£400m and will create value for customers as a result of the cost and revenue synergies and the end-to-end marine safety offering.
Oman Shipping Withdraws from Navig8 Pool
Navig8 Group (Navig8), the world's largest provider of maritime services, has announced that it has been advised by Oman Shipping Company SAOC (OSC) that they have decided to internalize the commercial management of their VLCC fleet which had been hitherto in the VL8 pool. The VL8 pool is one of the largest VLCC tanker pools in the world and one of 16 shipping pools managed by Navig8. The company's 16 shipping pools bring together multiple, like-minded owners with vessels of similar type and characteristics, into distinct pools.