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CapEx or Capsize: International Port Analysis

Apr 09, 2013

New report examines evolving trade patterns resulting from the upcoming 2015 Panama Canal expansionThe Colliers International report, 'CapEx or Capsize,' underscores the idea that cities need to spend the capital to upgrade their ports, or risk 'capsizing' their economies…

NYK Line Launches Tsunami Ship Alert System

Apr 09, 2013

Tsunami warnings issued by the Japan Meteorological Agency and other weather service providers will be sent to vessels via NYK's 'e-missions' system. The warnings are intended to allow affected vessels to determine the best course of action…

Raytheon Anschütz Systems for New Oman OPV's

Apr 09, 2013

Raytheon Anschütz to supply Integrated Bridge & Navigation Systems to four Offshore Patrol Vessels (OPV) for the Royal Navy of Oman. Under the contract, Raytheon Anschütz will equip Oman’s new Al-Ofouq-class OPVs with a complete, new-generation Integrated Bridge and Navigation Systems…

Boskalis Wins Hefty German Dredging Contract

Apr 09, 2013

Royal Boskalis Westminster N.V. (Boskalis) contracted by Wasser- und Schifffahrtsamt Cuxhaven to maintain 110-km of the River Elbe fairway.The contract is for a period of three years and has a value of approximately EUR 75 million and the dredging operations are to commence in May 2013…

China Cruise Ship to Visit Disputed Islands

Apr 09, 2013

China's plans to sail a cruise ship to the Paracels Islands in the South China Sea ahead of the nation's coming May Day holiday likely to escalate tensions.China is planning to let tourists visit the Xisha Islands (the name China has given…

New Somali Counter-piracy Force Flagship on Station

Apr 09, 2013

The Portuguese Frigate 'NRP Álvares Cabral' joins the EU Naval Force (EU NAVFOR) Somalia – Operation Atalanta – as flagship.During her participation in Operation Atalanta, for the next 4 months, Álvares Cabral will be the EU Naval Force flagship…

Korea's Techcross and Singapore's Keppel Sign BWMS MOU

Apr 09, 2013

Ballast Water Management System (BWMS) supplierTechcross sign a joint marketing & retrofit support MOU with Keppel Shipyard.Techcross say that their MOU with Keppel Shipyard is intended to value-add to the significant retrofitting market.…

ABB Wins Third Ichthys FPSO Major Contract

Apr 09, 2013

ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering…

MAN Propulsion Package Powers Two New AHTS

Apr 09, 2013

Abu Dhabi-based Adyard has delivered two AHTS vessels equipped with MAN L27/38 propulsion packages.The two Topaz Energy & Marine 67-metre (80-ton bollard pull) vessels are ready for anchor handling tug supply services and the transportation of dry and liquid cargo to and from pipe-laying barges…

Teekay Tankers Order Four Tankships from Korean Yard

Apr 08, 2013

Teekay Tankers orders 4 LR2 product tankships from STX Offshore & Shipbuilding with options for 12 more.The agreement is for STX of South Korea to construct four  fuel-efficient 113,000 dwt Long Range 2 (LR2) product tanker newbuildings for a fully built-up cost of approximately $47-million each…

U.K. Shipping Sector More Confident, Survey Finds

Apr 08, 2013

The survey indicates freight-rate improvements and greater likelihood of new investment in the next 12 months.Overall confidence levels in the international shipping industry recovered to their highest level for two years in the three months ending February 2013…

GD to Take Next Step in 'Knifefish' Development

Apr 08, 2013

General Dynamics Advanced Information Systems completes the critical design review for 'Knifefish', the surface-mine countermeasure unmanned undersea vehicle (SMCM UUV).Knifefish is an essential component of the Littoral Combat Ship (LCS) mine countermeasure (MCM) mission package…

Two Arabian Gulf Contracts for McDermott

Apr 08, 2013

A McDermott International subsidiary has been awarded two projects valued at approximately US$ 900-million.The first project includes engineering, procurement, construction and installation of a new tie-in platform, with a 3,200-tonne topside and six-pile jacket…

Alfa Laval Win Big Korean BWTS Order

Apr 08, 2013

Alfa Laval to supply its PureBallast systems to a leading shipyard in South Korea.The order has a value of approximately SEK 50 million, and delivery will start in 2013 and be finalized in 2014.The Alfa Laval PureBallast systems will be…

KVH Introduce New TracPhone Equipment

Apr 08, 2013

KVH's new maritime terminal features integrated CommBox Modem with built-in network management functionality.As part of its commitment to bringing reliable, fast, affordable broadband connections to mariners, KVH Industries, Inc. has introduced…

Logistics News

Venezuela's Oil Exports Rose in May

Venezuela's Oil Exports Rose in May

Russian Wheat Export Prices Remain Stable, Shipments Expected to Drop Come June

Russian Wheat Export Prices Remain Stable, Shipments Expected to Drop Come June

Schottel Opens Indian Subsidiary

Schottel Opens Indian Subsidiary

New Quay Cranes Boost Baltic Container Terminal's Capabilities

New Quay Cranes Boost Baltic Container Terminal's Capabilities

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