Maritime Industry Top News
UK Special Forces Move to Retake Hijacked Ship
An operation led by British navy special forces is under way to retake control of an Italian cargo ship off the English coast after stowaways threatened crew members on Friday, the political editor of
Shipbuilding: New 110m Catamaran Named Saint John Paul II
Shipbuilder Incat has launched the 110m vehicle / passenger ferry from the shipyard at Derwent Park in Hobart Tasmania. The ship will commence sea trials in mid January prior to delivery to her new owner Virtu Ferries for service between Malta and Sicily.Bearing the livery Saint John Paul II the vessel has been named in honor of the Pope who served from 1978 to 2005, so revered the Pope has often posthumously, but unofficially, been referred to by Catholics as "St. John Paul the Great".
Ingalls Shipbuilding: $930M Contract for Pair of USCG Ships
Huntington Ingalls Industriesā (NYSE: HII) Ingalls Shipbuilding division has received two fixed-price incentive contracts from the U.S. Coast Guard to build two additional National Security Cutters for the U.S. Coast Guard. The contract values for the a 10th and 11th ships in the program are $468.75 million for NSC 10 and $462.13 million for NSC 11.āThis additional funding for two NSCs is a great accomplishment on which to end the year,ā said Ingalls Shipbuilding President Brian Cuccias.
Bath Iron Works Wins Contract for Fifth DDG 51 Destroyer
The U.S. Navy has awarded General Dynamics Bath Iron Works a contract to build a fifth DDG 51 destroyer as part of the multi-year award announced in September. General Dynamics Bath Iron Works is a business unit of General Dynamics (NYSE: GD).In the most recent multi-year competition, BIW was awarded four ships. The Navy held a separate competition for an option ship as part of its commitment to growing the fleet.
Fincantieri Bay Shipbuilding Delivers Kirby ATB
Fincantieri Bay Shipbuilding delivered an Articulated Tug Barge Unit (ATB) to Kirby Corporation (NYSE: KEX). āThis is the third 155,000 barrel ATB it has built for Kirby in the past three years," said Kirby CEO David Grzebinski. "This new Jones Act-compliant ATB unit will allow us to continue our commitment to provide efficient and reliable customer service.āThe 8,000-hp, 12-knot tug Ronnie Murph measures 130 x 42 with a 23-ft. depth and a 19-ft.
KML Plays Key Role in Rescue of Stricken Russian Ship
Marine contractors, Keynvor Morlift (KML), played a significant role on Tuesday in saving the Russian ship, āKuzma Mininā, which ran aground just off Gyllyngvase Beach in Falmouth.KMLās large all weather commercial Rigid Inflatable Boat (RIB), was the 1st vessel alongside after the ship ran aground at around 0500 on Tuesday morning. The RIB was mobilized with team members from both KML and Seawide Services.
FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia, Africa and South America was expected to be boosted by FSRU technologies that are less expensive and time-consuming than onshoreā¦
Superyacht ARTEFACT: A real āarte factumā
NOBISKRUGās Project 790 is one of the first yachts built under the new strict IMO Tier III emissions regulations. The name and visionary design of the 80-meter hybrid superyacht was unveiled at the Monaco Yacht Show 2018: MV ARTEFACT.Less than a year away from completion, Nobiskrugās new superyacht MV ARTEFACT will be one of the first yachts built under the new IMO Tier III low emissions regulationsā¦
U.S. Soybean Cargo Unloaded in China
A vessel carrying U.S. soybeans has unloaded its cargo at the port of Qingdao in China on Friday, shipping data showed, amid a trade truce between China and the United States.The Star Laura, originally carrying 69,298 tonnes of soybeans loaded in Seattle, arrived at Qingdao outer anchorage in early November.The vessel's draft is now at 44 percent of its maximum depth, indicating it has emptied its loadā¦
Van Oord Vessel Gets Baltic Project
Dutch maritime contracting company Royal Van Oord has signed a contract with the Swedish energy company Vattenfall for the transport and installation of the foundationsā¦
Ørsted Hires NHV for Borssele Offshore Wind Farm
The Belgium-based NHV group, which is specialized in B-to-B helicopter services and has a strong geographic presence in Europe and Western Africa, said that it hasā¦
Vattenfall Okays 605MW Kriegers Flak offshore Wind Farm
Swedish state-owned power company Vattenfall has reached a final investment decision for the 605MW Kriegers Flak offshore wind farm in the Danish waters of the Balticā¦
SEACOR Marine to Acquire Brazil's UP Offshore
SEACOR Marine Holdings, the provider of marine and support transportation services to offshore oil, has announced the acquisition of UP Offshore (Bahamas) by aā¦
Aker Solutions Wins Jotun FEED Contract
The newly formed exploration and production (E&P) company Vår Energi is progressing the redevelopment of the Balder and Ringhorne area offshore Norway and a FEEDā¦
Cruise Industry to Cut Carbon Emissions 40%
The Cruise Lines International Association (CLIA) announced an industry commitment to reduce the rate of the global fleet's carbon emissions 40% by 2030, from aā¦
ABP Bags Maersk Trade Deal
As agreement between Associated British Ports (ABP) container terminal located in Hull and Maersk, the worldās largest container shipping line, to open a tradingā¦
Sempra Energy's Port Arthur LNG in Pact with PGNiG
Poland's state-owned gas company Polish Oil & Gas Company (PGNiG) and Port Arthur LNG, LLC, a subsidiary of Sempra Energy, have entered into a definitive 20-yearā¦
ExxonMobil Drops USD 25 bln Canadian LNG Project
U.S. oil major Exxon Mobil Corp. has withdrawn its environmental assessment application for a $25-billion LNG export facility on the B.C. coast it proposed in 2015.
Ocean Yield in Standstill Pact with Solstad Offshore
Norway-based company engaged in the investment in vessels within oil-service and industrial shipping Ocean Yield ASA has entered into a standstill agreement withā¦
Nichols Brothers to Build Two High-Speed Ferries for Kitsap Transit
The Northwest's boat builders Nichols Brothers Boat Builders (NBBB) has won a design and build contract to build two new high-speed passenger-only ferries for Kitsapā¦
