Maritime Industry Top News
Vard Signs Historic $1.1B Shipbuilding Order
Vard Holdings Limited secured contracts with joint ventures of DOF Subsea and Technip for the design and construction of four Pipe Lay Support Vessels (PLSVs), a contract which is the largest order in VARD’s history, with an aggregate order value of approximately $ 1.1 billion (NOK 6.5 billion). Two of the vessels, of VARD 3 05 design (151 x 30 m) will be delivered in 2Q 2016 and 3Q 2016 respectively.
CaroTrans Opens Key U.S. Gulf – Brazil Export Connection
Direct, weekly Houston to Rio de Janeiro LCL service delivers reliable supply chain link. CaroTrans, a global NVOCC (non vessel operating common carrier) and ocean freight consolidator…
Sparrows Reports Profit and Turnover Growth
Sparrows, a company in offshore lifting and mechanical handling services, announced increases in both profits and turnover for 2012. Earnings at the Aberdeen headquartered company before interest, tax, depreciation and amortisation (EBITDA) were £20.8 million with turnover reaching £188million. In comparison, profits in 2011 were £17.5million on a turnover of £172million. The U.K. accounts for 53% of total turnover with international sales making up the remaining 47%.
Konecranes Starts Statutory Negotiations In Finland
As stated in the stock exchange release published on July 24, 2013, Konecranes starts new measures to reduce the company’s annual cost base by €30 million by the end of 2014.
MPE Refurbises Stena Line Ferries
Birkenhead-based outfitter and manufacturer MPE Interiors has completed two contacts for Stena Line to redevelop the crew and officers' mess areas on two ferries. The contracts involved replacing the mess rooms on the 980-passenger ferries the Stena Mersey and the Stena Lagan at Twelve Quays in Birkenhead. Both ships operate the Birkenhead-Belfast route. MPE director Cliff Grainger said, “We can offer the complete outfitting solution from detailed concept design…
Raymarine Supports Olympic Inspired Sailing Festival
Marine electronics manufacturer, Raymarine announced its involvement with the all new annual sailing festival, GJW Direct SailFest. Taking place in Weymouth, Dorset…
Three MOL 'Comfort-class' Return to Service: Hull Scantlings Doubled
Mitsui O.S.K. Lines report that they, other concerned parties, & Lloyd’s Register which MOL retained as technical consultant, have conducted a thorough investigation into the causes of the mid-June 2013 hull fracture, of the MOL-operated containership 'MOL Comfort', breaking up and sinking in the Indian Ocean. The company adds it has extended and will extend all possible cooperation to the Committee on Large Container Ship Safety…
China Set to Sieve Shipbuilding Industry
China grew into the world’s leading shipbuilder over the last decade as hundreds of private yards opened to compete with state-run companies. Now, the government…
Scana Industrier to Supply Steel for Ichthys Project
Scana Industrier ASA has through its subsidiary Scana Steel Stavanger, been awarded a new contract from Samsung Heavy Industry for delivery of steel casting intended…
Offshore Wind: IBM Introduce New Wind Prediction Software
IBM announce an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and analytics to accurately forecast the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, helping to reduce carbon emissions while significantly improving clean energy output for consumers and businesses.
Global Bunker Measurers in Strategic Partnership
Emerson Process Management and SeaTec Repair Services announce a cooperative relationship to provide marine fuel measurement solutions, intended to help marine customers save in operating expense and ensure accurate billing. The cooperative relationship will offer marine customers no-hassle installation of Micro Motion ® fuel measurement solutions on a global scale. Emerson’s Micro Motion fuel measurement solutions provide accurate measurement of heavy fuel oil…
New China-built Sri Lanka Container Terminal to Rival Majors
The newly-opened $500 million Chinese-built Colombo terminal is situated about mid-way on the important East/West shipping route and is claimed to have facilities on a par with Singapore and Dubai. The Colombo International Container Terminal (CICT), which is 85 per cent owned by the state-run China Merchant Holdings International, is designed to handle mega ships -- a first for Sri Lanka which is aiming to become the region's shipping hub.
Offshore Brazil: Raytheon Anschütz Wins OSV Equipment Contracts
Raytheon Anschütz do Brasil reports a number of contract awards for the supply of gyro compass and autopilot systems to new offshore platform supply vessels built at Brazilian shipyards. The largest contract covers four shipsets, each with a fully equipped triple Standard 22 gyro compass system, repeater compasses and Anschütz PilotStar D autopilot system, for four newbuilt Platform Supply Vessels…
New Kochi, India, LNG Terminal: First Ship Awaiting Entry
The first cargo vessel, carrying liquified gas for the LNG Terminal at Puthuvype from RasGas in Qatar, has arrived off the port, and is anchored until necessary dredging work is completed, reports Business Standard. With the shipment, the Petronet LNG terminal, with an annual capacity of five million tonnes, is all set to commence operations soon. The vessel, carrying about one lakh cubic metre of LNG, is anchored about 20 km off Kochi, port sources informed the Business Standard.
GLDD Q2 2013 Results: Demolition Segment Strategy for Review
Great Lakes Dredge & Dock Corporation (GLDD) the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services…
Yemeni LNG Terminal Attacked: Five Guards Killed
Suspected al Qaeda militants killed four Yemeni soldiers in their sleep early on Sunday in an attack on forces guarding the country's only liquefied natural gas (LNG) export terminal…
Standed Bulk Carrier on S. Africa Coast Leaking Bunkers
Oil is leaking from an abandoned bulk carrier, 'MV Kiani Satu', which ran aground off Buffels Bay on the the Knysna coast not far from a nature reserve. In its latest report, South Aftrica's National Sea Rescue Institute (NSRI) said that all 19 crew members were safely ashore having been airlifted off the ship by a helicopter working in relays. “Only minor injuries were sustained to two crew members of the ship…
GD-NASSCO USS Eisenhower Dry-dock Contract Modified
The US Department of Defense has issued General Dynamics-NASSCO Earl Industries, Portsmouth, Va., an $82,481,992 undefinitized contract as a modification to a previously…
Offshore Living Quarters Heavy Lift: Rotterdam to Korea
SAL's heavy lift ship 'MV Svenja' loaded the extra heavy oversized cargo to a tight time-schedule and is now bound for the DSME shipyard in Geoje, S. Korea. MV Svenja loaded the 1,425 mtons unit measuring 42 x 37 x 36 m with a total 54,353 cbm volume in the Port ot Rotterdam to a tight time schedule that allowed just two weeks planning and preparation for the carriage. Tailor-made equipment had to be designed, manufactured and certified.
Car-plunge Ferry Sets Off Coast Guard Investigation
The Coast Guard is investigating an incident that happened aboard the Jamestown-Scotland Ferry which resulted in an intending passenger's car tumbling into the James River.
