Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is $209.5m, with an additional maximum sum of $60m to be paid based on the performance
Maersk Line announced that A.P. Moller - Maersk signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. Ltd. in Korea for the delivery of 16 container vessels in 2010-12. The vessels have individual capacities of 7,450 TEU and are equipped with reefer plugs enabling them to carry 1,700 refrigerated containers each.
The US Court of Appeals for the Fifth Circuit ruled that the federal government may prosecute a ship owner and chief engineer, under the Act to Prevent Pollution from Ships (APPS), for failure to properly maintain an oil record book (ORB) when the ship entered a US port with an ORB onboard that the
Dockwise Ltd. said that the Perdido Truss Spar was safely delivered by the semi-submersible vessel Mighty Servant 1 on Friday 27 June 2008. The Spar was skidded on board the vessel on 19 May 2008 in Pori, Finland by Dockwise Shipping, a wholly owned subsidiary of Dockwise Ltd.; and was successfully transported to Ingleside, Texas.
The W. F. Magann Corp., Portsmouth, Va., was awarded a $12,760,000 firm fixed price contract on Jun 30, 2008, for repairs to Berth 20 wharf structure at Norfolk Naval Shipyard to safely support anticipated loads due to waterfront activities. Work will be performed in Portsmouth, Va., and is expected to be completed by Jun.
Northrop Grumman Sperry Marine, Charlottesville, Va., is being awarded a $6,998,383 firm fixed price contract for three Integrated Bridge and Navigation System (IBN) shipsets for the DDG-51 modernization efforts. The IBNS is a Hull, Mechanical and Electrical (HM&E) upgrade and part of a comprehensive
Siemens, a subcontractor to Southern African Shipyards, will build five tugs for Transnet National Ports Authority (TNPA.) The company says it will establish a fully functional electrical facility in the shipbuilding yard at Durban harbor in support of the project. The Siemens contract
Daewoo Shipbuilding and Marine Engineering Co., said that it won orders to build 12 ships worth $2.3b this month, Yonhap reported. The company said that nine very large oil tankers, one drill ship and two bulk carriers are to be built. Source: Yonhap
A number of companies have been showing interest in the sale of Daewoo Shipbuilding & Marine Engineering (DSME.) GS Group has expressed interest to acquire the shipbuilder.According to reports, the group believes it has an advantage over other conglomerates such as POSCO and Doosan.On the contrary,
Markey Machinery Company, Inc. has received an order to supply VT Halter Marine, Inc. with one General Purpose Winch. When delivered in 2009, Halter plans to install the DEPC-7 on National Oceanic and Atmospheric Administration (NOAA) coastal mapping vessel R/V Ferdinand R. Hassler, currently under construction.
Governor Edward G. Rendell hailed the signing of a historic agreement that will officially begin a five-year, $379 million project to deepen the Delaware River’s shipping channel, calling it a major milestone in ongoing efforts to expand commerce and enhance economic development in the region.
From the Navy News Service1884 - Congress authorizes commissioning of Naval Academy graduates as Ensigns.1918 - Marine brigade captures Belleau Wood.1959 - Twenty-eight naval vessels sail from Atlantic to Great Lakes, marking the formal opening of Saint Lawrence Seaway to seagoing ships.
Randy Asbury, Executive Director, Coalition to Protect the Missouri River shares with readers of MarineLink.com his insights on key market drivers for the coming year. To what degree are "partnerships" important to river-related advocacy?RA: Partnerships are fundamental
David C. Hanby, Jr., President & COO McDonough Marine shares with readers of MarineLink.com his insights on key market drivers for the coming year. What legislative/political issue do you count as the most important for the marine industry in the next few years?DH:
Keppel Shipyard is on track to delivering FPSO Lewek Arunothai to EOC Limited (EOC) for a South East Asian client. The 725,000 bbls storage FPSO was named at a ceremony on June 21. FPSO Lewek Arunothai is the first FPSO that Keppel Shipyard has converted for EOC. The first part of the vessel’s
Mitsui Engineering & Shipbuilding Co., Ltd. completed and delivered a 110,000 dwt type double hull crude oil tanker M.T. “YASA GOLDEN DARDANELLES” (MES Hull No. 1673) at its Chiba Works to YA-SA TANKER AND TRANSPORTATION S.A. This is the 8th Aframax Tanker of 42 meter beam with the largest
Technip said it has won a deepwater pipeline installation contract from Callon Petroleum Company for the Entrada oil field development in the Gulf of Mexico.Technip will be responsible for installation of two 6.
The US Attorney for the Eastern District of Pennsylvania said that a ship management company and a chief engineer pleaded guilty to a charge that they falsified the oil record book (ORB) on a commercial vessel. The company was sentenced to pay a $1m fine and a $200,000 community service payment.
Teekay Corporation announced that its wholly owned subsidiary, TPO Investments AS (TPO), has acquired an additional 30.1 percent interest (22.6 million common shares) in Teekay Petrojarl ASA (Teekay Petrojarl) from Prosafe Production (Prosafe) at a price of NOK 59 per share. Teekay Petrojarl is a leading
Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from Europe. Daewoo said in a filing to the Korea Exchange the orders were for two very large crude oil carriers (VLCCs) and two bulk carriers.Source: Reuters
John Doyle, Vice President - Government Affairs, Waterways Council, Inc., shares with readers of MarineLink.com his insights on key market drivers for the coming year.What legislative/political issue do you count as the most important for the marine industry in the next few years?JD: Returning to timely,
On April 24, 2008, the US House of Representatives passed and sent to the Senate the Coast Guard Authorization Act of 2008 (H.R. 2830). If history is any guide, a large percentage of its provisions will eventually be enacted into law. It therefore behooves the maritime industry to have some
McDermott International Inc said that a subsidiary of group company J Ray McDermott has set up a joint venture with a unit of state-owned China Shipbuilding Industry Corp. The joint venture - Qingdao McDermott Wuchuan Offshore Engineering Co Ltd - plans to establish a facility in Qingdao, in eastern China's Shandong province.
Michael P. Ryan, President and CEO, American Commercial Lines Inc., shares with readers of MarineLink.com his insights on key market drivers for the coming year.What legislative/political issue do you count as the most important for the marine industry in the next few years?MR: Investment
Northrop Grumman Corporation announced the appointment of three vice presidents at its Northrop Grumman Shipbuilding Gulf Coast Operations. Northrop Grumman Shipbuilding, the newly-formed sector of Northrop Grumman Corporation, is made up of the former Northrop Grumman Ship Systems and Newport News shipbuilding sectors.
Due to rising flood waters, the U.S. Army Corps of Engineers is closing nine locks and dams on the upper Mississippi River. Lock 16 in Illinois City, Ill., was the first to close on Thursday, June 12. The last to close will be Lock 25 in Winfield, Missouri. The closures will temporarily halt barge traffic on more than 200 miles of the UMR.
France announced plans on to buy back 9 percent of the country's biggest shipyard.Chantiers de l'Atlantique in western France, which built Queen Mary 2, was sold by French engineering firm Alstom to Norwegian shipbuilder Aker Yards in 2006. But a controlling 39 percent stake in the Norwegian company
USS Russell (DDG 59) responded to a vessel in distress between Bossasso, Somalia and the Yemeni coast in the Gulf of Aden June 8.A Combined Task Force (CTF) 150 air asset notified Russell of the small boat's distress call. Russell, operating nearby, proceeded at maximum speed and arrived on-scene to assist the vessel.
The Rio de Janeiro was christened at the Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) yard in Okpo (Korea). After the Rio de la Plata it is the second newbuilding of a series of six identical vessels, each with a slot capacity of 5,900 TEU. This makes the Rio class ships the largest
Elliott Bay Design Group (EBDG) announced that Joe Payne, P.E. and senior electrical engineer, has earned his certification in Leadership in Energy and Environmental Design (LEED) from the U.S. Green Building Council. LEED Accredited Professionals (AP) are building industry practitioners who have
Captain John Kaplan recently assumed command of the U.S. Coast Guard Yard in Baltimore, Maryland. He is the 39th Commanding Officer in the 109-year history of the Yard, the only shipbuilding and ship repair facility of the United States Coast Guard.Captain Kaplan took charge of the Coast
CNN reported that one of McDermott International Inc.’s subsidiaries has entered into a joint venture with a subsidiary of the state-owned China Shipbuilding Industry Corp.The joint venture company, Qingdao McDermott Wuchuan Offshore Engineering Company Ltd., plans to establish a new location on over 111 acres in China.
An explosion rocked a Belize-registered ship in the final stages of repair at a Singapore dock, injuring 15 crew members and workers on board, officials said. A flash fire broke out Sunday in the 50-metre-long Rainbow Star, which had been berthed at Kreuz Shipbuilding & Engineering in Tuas Crescent for nearly three months.
Captain John Kaplan recently assumed command of the U.S. Coast Guard Yard in Baltimore, Maryland. He is the 39th Commanding Officer in the 109-year history of the Yard, the only shipbuilding and ship repair facility of the United States Coast Guard.Captain Kaplan took charge of the Coast
Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. said that they have won a combined $4.9b worth of deals in the past week to build 30 vessels, including oil tankers and bulk carriers. During an international shipping exhibition held in Greece last week, Hyundai Heavy Industries,
Aker Solutions said it has been awarded a deepwater drilling riser contract by Daewoo Shipbuilding & Marine Engineering (DSME), worth $35m.The contract is for the delivery of a complete deepwater marine drilling riser system with buoyancy package and associated equipment,' the Norwegian firm said.
Northrop Grumman Corporation has appointed Peter C. Diakun to vice president of platform integration and technology development. He reports to Eric Womble, vice president of the advanced capabilities group for Northrop Grumman Shipbuilding. Northrop Grumman Shipbuilding, the newly-formed sector of Northrop Grumman Corporation,
The European shipbuilding industry is in need of highly skilled people, a recent study by Koers & Vaart for CESA and EMF revealed. The report said an annual need for technical employees in the EU shipbuilding industry over the next 5 years of 11,000 people, which is 11 percent of the present EU shipbuilding technical workforce.
By Mass Communication Specialist 2nd Class Justin Webb, Pre-Commissioning Unit Makin Island Public AffairsSecretary of the Navy, Donald C. Winter visited Pre-Commissioning Unit (PCU) Makin Island (LHD 8) May 29, as part of a scheduled Gulf Coast visit. Winter toured the Northrop Grumman
Wärtsilä continues to expand its boiler services with the acquisition of the boiler services business of International Combustion Engineering's (I.C.E.) former subsidiary in Dubai. The acquired boiler service business, which currently employs seven people, will be integrated into Wärtsilä in Dubai.