Maritime Industry Top News
Nordic Shipholding Profits below Market Expectations
For the 3 months ended 31 March 2016, Nordic Shipholding A/S generated a profit after tax of USD 1.5 million, compared to USD 2.7 million in the same quarter last year.
Mount Whitney Makes History
USS Mount Whitney (LCC 20), the U.S. 6th Fleet flagship, made history today as the first amphibious command ship to have an MV-22B Osprey land on its flight deck, May 23, 2016.
Technip Bags Statoil's Umbilical Supply Contract
Technip’s wholly-owned subsidiary Technip Umbilicals Ltd.(1) has been awarded a contract by Statoil ASA to supply the umbilical(2) to the Oseberg Vestflanken 2 field offshore Norway.
Damen Unveils Multi-role Utility Vessel
Work is due to start shortly on the first of a new class of Damen utility vessel UV2410. This multi-role platform is the result of extensive consultation with customers…
Mobile Shiploader Delivered to Port Metro Vancouver
Multipurpose heavy lift operator AAL has completed a series of shipments to Port Metro Vancouver (PMV) of a mobile grain shiploader to be installed at the Port’s…
China Okays CMA CGM's Acquisition of NOL
CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL)…
Euroseas Faces Headwinds, Reports Loss
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes…
Iranian Port Deal: Modi's Masterstroke
Indian Prime Minister Narendra Modi signed a deal to develop the Chabahar port in Iran for which India will extend $500 million. The historic pact makes Chabahar…
Outdated Systems Placing Vessels at Risk of Cyber-Attack
Maritime vessels are under significant threat of cyber-attack because many are carrying outdated software and were not designed with cyber security in mind, according to new research.
G7 Meeting to Tackle Sea Row in Asia Pacific
Group of Seven (G7) leaders will call for respect for the rule of law and peaceful resolution to conflicts in a joint statement to be issued Friday at the end of their two-day summit…
STX Sells Lorient Shipyard
The shipbuilding group STX France has offloaded its Lorient shipyard to a naval consortium. The shipyard, which has produced civil and naval vessels, will be purchased by Kership…
Primeline Turns Against CNOOC
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC…
Olympic Pact with Canyon Offshore
Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of…
Returning to the Scene of the Shipwrecks
A participant in a diving field school last fall, graduate student Tori Kiefer is back to help a new set of students learn the joy of surveying shipwrecks. Last fall…
Grounded Bulker Repaired, Heads for Japan
The Captain of the Port for Oregon and southern Washington canceled the captain of the port order on the motor vessel Sparna allowing the vessel to leave its mooring at Kalama, Wash., Monday. The Sparna, a 623-foot bulk grain carrier, briefly ran aground near Cathlamet on the Columbia River, March 21, resulting in the ship needing to undergo temporary repairs. “We have inspected the Sparna and have approved the temporary repairs to make the vessel seaworthy,” said Lt. Cmdr.
Winners of Ferry Design Contest Selected
Dr. Roberta Weisbrod, Executive Director of the Worldwide Ferry Safety Association (WFSA) has announced that the winners of its Safe Affordable Ferry Competition will be made known at the Ferry Safety and Technology Conference. The conference, in its second year, will be held in downtown New York, June 2-3. The competition, a project of the WFSA, challenges teams of Naval Architecture students to design a vessel that would serve a population dependent on ferry transportation.
FIO’s New Research Vessel Enters Build Phase
The 78’ research vessel designed and engineered by Boksa Marine Design (BMD) in 2015 is headed to the building phase beginning in June. BMD contracted with the Florida Institute of Oceanography (FIO) in February 2015 for the design of a new vessel to replace its current research vessel, the 71’ R/V Bellows. Originally built in 1968, FIO has operated the research boat since 1979 as a floating laboratory for scientists and students studying in the waterways of Florida…
Maritime Consolidation: Palfinger Aims to Acquire Harding
As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire 100% of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group. The seller is the Norwegian private equity fund Herkules. Harding is a leading suppliers of lifesaving equipment and lifecycle services for maritime installations and ships.
This Day In Naval History - May 24
1917 - The first U.S. convoy left Hampton Roads, Va. to cross the North Atlantic after entering World War I. During the 18 months of war while American vessels escort convoys through the war zone…
Glosten Promotes Lamkin to Senior Marine Consultant
Seattle-based naval architecture and marine engineering consultancy Glosten has promoted Bradley G. Lamkin, PE to Senior Marine Consultant. As a Senior Marine Consultant and member of the Principals’ Group, Lamkin will continue to lead Glosten’s marine construction efforts. A 20-year veteran at Glosten, Lamkin specializes in resolving stability issues for a variety of vessels including barges, hopper dredges, passenger vessels and tugboats.
