COSCO Corporation (Singapore) subsidiary shipyards in China deliver bulk carriers to two European buyers.COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92,500 dwt, Sicilian Express, a post-panamax bulk carrier and the last…
David Dalgleish appointed Senior Sales Executive by Kort Propulsion Ltd, a UK company founded by the inventor of the Kort Nozzle.Managing Director David Parsons said: ' I am pleased to announce the appointment of David Dalgleish as Senior Sales Executive…
Cavotec wins order from ABB for twenty compact Marine Propulsion Slip ring (MPS) units to be fitted to advanced Azipod marine propulsion systems.Under the terms of this project, Cavotec is scheduled to complete deliveries of the MPS units to ABB by the beginning of Q2 2013…
Terry Mienie has been named Business Development Director UK & international by Houston headquartered UniversalPegasus International (UPI).Craig Pierrotti, Senior Vice President of Business Development announces the appointment of Terry Mienie…
Aberdeen-based Deep Casing Tools, completes first operation of its 'Turbocaser' in the Norwegian North Sea, with a successful 21 hour reaming run. The Turbocaser™ Express is a high-speed drillable reaming system that enables drilling teams…
New Vessel Motion Monitoring System (VMMS) – developed by James Fisher group company Strainstall Marine – provides accurate motion and impact load monitoring with a data logging capability; Increases safety and operational efficiency during…
International accountant and shipping consultant Moore Stephens says the banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson says…
Amendments to the IAMSAR Manual to come into effect on 1 July, 2013.Applicability: All shipowners, operators and managers.Amendments to the International Aeronautical and Maritime Search and Rescue (IAMSAR) Manual will come into effect on 1 July…
Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China.The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under…
Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest container ship, 'CMA CGM Marco Polo'.With a length of four standard football pitches (396 metres), 54 metres beam and requiring a draft of 16m…
Still no Arctic offshore oil from the Prirazlomnaya platform, but Russia keeps the position as the world’s largest oil producer.Prirazlomnaya field in the eastern Barents Sea was supposed to be the first operating offshore oil production…
US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp.BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50,180,546 undefinitized contract action as a modification to a…
The Singapore Navy's second 'Archer-class' submarine 'RSS Swordsman' returns to Singapore after upgrading.The Republic of Singapore Navy's (RSN) Archer-class submarine, RSS Swordsman, has arrived at Changi Naval Base (CNB) from Sweden…
TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, begins multi-client energy survey of Ille Lake in Central Alberta, Canada.The lake, popular with anglers and nature-lovers, covers 180 km2 (70 mi2) in the deep basin of Central Alberta…
In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model.Excerpts from Mr. Muto's message follow:'The marine transport industry has faced a challenging…