Green Marine
2nd Shipment of ACP-Bound New Locks Equipment Departs Trieste, Italy
The Panama Canal Authority (ACP) announced yesterday that the semi-submersible vessel STX Sun Rise, loaded with four new gates for the third set of locks, has sailed from Trieste, Italy for Panama. STX Sun Rise is expected to arrive to Panama in mid-June, depending on weather conditions. “This is an
ATL Wins Its Largest Contract
Atlantic Towing Limited (ATL) has secured a new ten (10)-year firm contract, plus a total of 15 years of options with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC) for four new state-of-the art Platform Supply Vessels operating out of St John’s, NL. The fir
ZIM Restructuring Plan Agreed
ZIM Integrated Shipping Ltd. has finalized the terms of its financial restructuring arrangements, a $3 billion restructuring plan including $1.4 billion debt equity conversion with creditors following a protracted and complex series of negotiations. Following the agreement, the refinanced business w
BW Group and PAG Form New Joint Venture
BW Group and PAG have formed a joint venture called BW Pacific which is purchasing ten modern Medium Range product tankers from Elandra Pte Ltd, a company associated with Vitol Energy (Bermuda) Ltd. Andreas Sohmen-Pao, CEO of BW Group commented: “BW is pleased to form a joint venture with one of Asi
Sea Challenger Readies for Its First Job
On Saturday, 17th of May 2014, A2SEA’s new purpose built installation vessel Sea Challenger arrived in the Port of Esbjerg. The vessel will now mobilise for its first project, DONG Energy’s Westermost Rough in the UK. Sea Challenger, is a sister vessel to Sea Installer, which entered into A2SEA’s fl
Havila Announces New Contracts with Mærsk Oil and Shell
Havila Shipping ASA has entered into new contracts with Mærsk Oil for the PSV vessels Havila Clipper, Havila Herøy and Havila Fanø. For Havila Clipper a firm contract for three years commencing 1st June 2014 with one optional period of one year from 1st June 2017. For each of Havila Herøy and Havila
DMCA to Showcase Its Maritime Sector Strategy at Posidonia Exhibition
Dubai Maritime City Authority (DMCA) is planning to participate in the upcoming 2014 Posidonia Exhibition which will be held from June 2 to 6, 2014 in Athens, Greece, to showcase Dubai’s experience as a world-class international maritime hub. DMCA explained this move as part of “its commitment to cr
HSSB Presents New Generation of SWATH Vessels
Hvide Sande Shipyard (HSSB) has designed and developed a new generation of SWATH vessels for transportation of up to 12 service technicians and spare parts to offshore wind farms. The SWATH-vessel is designed as a 24 metres long, high speed, catamaran, built as a fully composite vessel, with the pos
Divers Plead Guilty to Illegally Taking Items from Shipwrecks
Two divers from Kent pleaded guilty on Thursday, May 15th to not declaring valuable items from shipwrecks off the UK coast. David Knight and Edward Huzzey, both from Sandgate, admitted to 19 offences between them, contrary to section 236 and section 237 of the Merchant Shipping Act 1995. Items were
Goliat FPSO Delivery Scheduled for Early 2015
The Goliat FPSO will depart Hyundai Heavy Industries yard in South Korea in early 2015, a decision taken at a licence meeting on Friday 16 May. The licence determined that conditions to depart at the end of June 2014, and complete commissioning in Norway in Q4 2014, were not in place. In particular,
Intersleek 1100SR Coating Wins RINA – QinetiQ Award
The first RINA – QinetiQ Maritime Innovation Award, jointly sponsored by the Royal Institution of Naval Architects (RINA) and QinetiQ, has been presented to International Paint, for the development of its new advanced fluoropolymer foul release coating, Intersleek®1100SR. Intersleek®1100SR is the sh
Concordia Sponson Arrives for Repair in Genoa
Pontoon Mak has reached Genoa with the S13 sponson, where the sponson will be repaired, according to the Parbuckling project team. In addition, remediation on starboard sponson S12 is in progress on site at Giglio island and the installation of starboard sponson S9 is upcoming in the next few days.
Wärtsilä Equipment Selected for World’s Largest Spar Platform
A new spar platform being built for Statoil’s Aasta Hansteen field off the coast of Norway will feature Wärtsilä’s Inert Gas and Nitrogen Generator systems. The contract has been issued in the first quarter 2014 by Hyundai Heavy Industries (HHI) of South Korea, the yard building the platform. The Wä
FRIGO Expands Deep Freeze Capacity in Hamburg
FRIGO Coldstore Logistics opened the third cold store in Hamburg container terminal on 13 May 2014 with an inauguration ceremony. When the building is completed in August 2014 the company will offer a total cool capacity of 40,000 pallet positions on 18,000 sq. metres. The extension was necessary du