Höegh Autoliners enters into 12 year bare boat charters for two 6, 500 car capacity Pure Car Truck Carriers (PCTC) to be delivered by DSME in 2014.The vessels will be owned by Ocean Yield AS and will be built by Daewoo Shipbuilding & Marine Engineering's (DSME) shipyard in Mangalia…
The Russian Navy plans over 100 new auxiliary ships by 2020 to satisfy the need for logistics support of its expanding combat fleet.Deputy Defense Minister Gen. Dmitry Bulgakov said: “We have already signed a contract to buy five new auxiliary ships…
Nexus Consulting, says an 'administrative mistake' led to the Venezuala detention of a US-flagged ship.Background: Venezuelan authorites arrested a U.S. ship captain early Thursday after three assault rifles were found on board. An embassy…
China's decline in exporting this year may be a consequence of it becoming a manufacturer of more sophisticated products.Soren Skou, CEO of Maersk Line, the container unit of the Danish shipping conglomerate AP Moller-Maersk Group, said…
Offshore Marine Management Limited (OMM) to sell its agency Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited.Atlas Services Group Energy has been operating in the Energy and Marine industry for more than 30 years…
Scott Ward has joined Jensen Maritime Consultants as a naval architect in the company’s new office in the New Orleans business district.Ward comes to Jensen with a wide variety of experience in design review, project management and operations…
The first ship of four 2800TEU container ships, 'Kota Gaya', for Pacific International Lines (PIL) launched from Hyundai Mipo Dockyard, Ulsan, S.Korea. Navgathi Marine is providing the project management for the new-buildings for Pacific…
Seven out of eight steam boilers of the propulsion machinery were found defective during sea trials of 'INS Vikramaditya', delivery date put back.The Vikramaditya, formerly the Russian Navy's Admiral Gorshkov, is to be handed over to India…
U.S. Coast Guard Cutter 'Jarvis' returns to homeport Honolulu, after completing the final patrol of 40 years in service.The Jarvis holds the distinction of being the first Coast Guard cutter to be commissioned in Hawaii, and has called Honolulu home since being commissioned Aug…
Concerned over piracy off the Somali coast in the Gulf of Aden, India is readying an initial 100-man team to protect its merchant vessels in the area.The Central Industrial Security Force (CISF) will take on the responsibility of securing the merchant vessels…
By 2013, labor staff of Baltiysky Zavod Shipbuilding Ltd (affiliate of United Shipbuilding Corporation) will increase by one third. The shipyard's backlog of orders now has grown to RUR 55-million. Revenue of Baltiysky Zavod Shipbuilding Ltd in 2012 is evaluated as RUR 12…
Wrist Ship Supply launch 'Xena', to streamline the purchasing of consumable ship supplies, optimising vessel economy & improving health at sea.The Xena software is a menu-planning tool and electronic cookbook which provides ship owners with inventory control…
Inmarsat signs contracts with initial land satellite terminal manufacturing partners for its forthcoming Global Xpress® service.Cobham Satcom, Paradigm Comm and Skyware Global will manufacture 0.6 to 2.4 metre aperture terminals to deliver up to 50Mbps downlink speeds…
Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division hosted the Chief of Naval Operations for a tour of the shipyard.Chief of Naval Operations Adm. Jonathan W. Greenert was briefed on the shipyard's current work and capabilities and met with shipbuilders…
Moderate growth over next five years in the global marine ports & services market is forecast in a new market report.The global marine ports and services industry depicted a certain amount of resilience during the 2009 economic slump to stand at an estimated $57…