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Electronic Navigation: Improved Training and Auditing Will Enhance Navigation Safety

Jul 02, 2009

Modern electronic navigation systems have the potential to improve vessel navigation safety and ruce accidents.  The potential of these new systems is unlikely to be realiz, however, if the officers keeping the navigation watch are not fully train and properly qualifi in their use…

Ziff Completes New Study

Jul 02, 2009

Ziff Energy Group has completed the 7th edition of its Gulf of Mexico Deepwater Improving Field Performance (IFP) study, which evaluated pre-hurricane 2008 & 2007 operating costs for more than two dozen producing Deepwater assets. Participants included Deepwater operators…

Nor-Shipping 2009 Defies Economic Downturn

Jul 02, 2009

Nor-Shipping 2009 was the largest in the event’s history, dating back to 1967. 1105 exhibitors from 52 countries participated. By comparison, Nor-Shipping 2007, which took place in the midst of a market boom, had 830 exhibitors from 42 countries…

Downturns in Chinese Shipping Industry

Jul 02, 2009

Though it has sustained economic growth for the past ten years, China’s shipbuilding industry suffered in 2008. The nation contracted 48.3% fewer ships in the first half of the year as compared to 2007. Carrying capacity was down by about 45%…

Sealink Delivers New Vessel

Jul 02, 2009

At the end of June, Sealink Slipways at Miri delivered a 53.8-by-13.8-m Offshore and Support Vessel to Rederij Groen B.V. of the Netherlands. Unlike Sealink’s Venture G, the new Maria G is powered by a pair of Cummins KTA50-M2 mains and uses three Cummins QSM11DM-powered 245 kW generators…

EU NAVFOR Develops Communication Technology

Jul 02, 2009

The British Royal Navy-led EU NAVFOR, the European Union’s first naval task force assembled to protect international shipping in the waters off Somalia, has partnered with IT service company Polymorph to develop a collaboration tool for its vessels…

Oceaneering Receives Naval Funding

Jul 02, 2009

Oceaneering International Inc., Chesapeake, Va., is being awarded an $11,984,265 firm-fixed-price contract for the Landing Craft Air Cushion (LCAC) service life extension program (SLEP) for the LCACs 30 and 56.  The LCAC SLEP will extend the service life of LCAC from 20 to 30 years…

Is it the End for Bender Shipbuilding?

Jul 01, 2009

Bender Shipbuilding & Repair Co. agreed to seek protection from its creditors, filing a Chapter 11 bankruptcy petition to reorganize.The company announced in a prepared statement that it intended to cut its workforce to about 300 to keep operations…

Aker Wirth

Jul 01, 2009

Earlier this year, Wirth became a fully controlled subsidiary of Aker Solutions, a Norwegian-owned company. Wirth Maschinen- und Bohrgeräte-Fabrik GmbH has since changed its name to Aker Wirth GmbH, reflecting the change of ownership and the integration that has taken place since the acquisition…

Hatteland Signs Long-Term Agreement

Jul 01, 2009

Hatteland Display has been selected to supply products to Consilium, a safety and navigation solutions supplier. Hatteland Display will supply their new 23 inch display with LED backlight, in addition to the 19 inch MMD, the 27 inch widescreen, and the recently launched panel computer 19 inch MMC.

Keppel Secures New Contracts

Jul 01, 2009

Keppel Offshore & Marine Ltd (Keppel O&M) has secured contracts worth over $20.7 million through its overseas subsidiaries for the upgrade and repair of three semisubmersibles (semis). One of these contracts, secured in the Netherlands, is for the inspection and repair of a semi accommodation rig…

SCI Takes Crude Container Delivery

Jul 01, 2009

State-run Shipping Corporation of India (SCI) has accepted delivery of a crude container named “Desh Vishal” from Daewoo Shipbuilding Marine Engineering Co. The company had placed orders for two very large crude containers (VLCCs) in October 2005 with the South Korean company…

Harbor Branch Gets $2m Navy Grant

Jul 01, 2009

Harbor Branch Oceanographic Institute received a $2m grant from the U.S. Navy to develop a robotic laser system to identify mines and other threats in ports and coastal waters. The system to be developed at Harbor Branch would involve a group…

New Ultra-Luxury Vessel, Seaborne Odyssey

Jun 30, 2009

The Yachts of Seabourn launched Seabourn Odyssey from Venice as the first ultra-luxury vessel to debut in six years. The 32,000-ton vessel built by T. Mariotti of Genoa, Italy, accommodates 450 guests in 225 luxury suites, ninety percent with verandas…

Navy Seeks Ferry Vessel

Jun 29, 2009

The Passenger Vessel Association notified its members that the U.S. Navy’s Military Sealift Command (MSC) has issued a Market Survey to ask about the cost and availability of U.S. ferry vessels. Anticipated delivery will occur on October 1,…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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