SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment
RS Simrad Buholmen, one of NSSR rescue boats, did an amazing job by preventing the much larger container ship “Pioneer Bay” to run aground. A container ship with 12 crew on board was only 20 meters from the grounding of Vågsfjorden in Sogn and Fjordane on Friday. Simrad Buholmen, the smallest of the
The Group’s profit was USD 371m (USD 1,671m) and return on invested capital (ROIC) was 4.8% (15.7%). Cash flow from operating activities was USD 2.1bn (USD 3.0bn). The majority of the Group’s businesses performed well and delivered good returns. The Group’s container and tanker activities continued
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced that it has entered into fixed rate time charter agreements for two of its Panamax Vessels, M/V Kind Seas, and M/V Golden Seas with Mansel LTD, an entity fully owned and controlled by Vitol SA
The 3rd Maritime Piracy and Security Conference organised by Active Communications International (ACI) on the 1st and 2nd February 2012 in Dubai, UAE will focus on the latest solutions to counter the ever-present threat of international piracy. The threat of piracy attacks is increasing. Geographica
International Crew Services and 7Seas Project Services B.V. have entered into a definitive agreement under which International Crew Services, a leading provider of Maritime personnel, will acquire 7Seas Project Services, a Dutch personnel provider for international operating jack-up rigs. 7Seas Proj
Lloyd’s Register has published a new pocket guide to help ship owners and operators understand the importance of professional maintenance and survey preparation for marine lifting appliances. The new guide — Survey and Examination of Ships’ Lifting Appliances — is the latest in Lloyd’s Register’s ac
As befits the 50th anniversary of the advent of dynamic positioning (DP), the International Marine Contractors Association (IMCA) has turned the spotlight on this invaluable technology. Earlier this year ‘Guidance for developing and conducting annual DP trials programmes for DP vessels’ (IMCA M 190)
The Lijmiliya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal November 14, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic
Jawaharlal Nehru Port Trust (JNPT) and Venice Port Authority signed a Memorandum of Understanding (MoU) in Chennai yesterday in the presence of the Union Minister of Shipping Shri G. K. Vasan. JNPT was represented by Shri L.Radhakrishnan, Chairman, JNPT and the Venice Port Authority was represented
Too many shipping companies are solving the same IT issues instead of learning from their counterparts, whom have already solved the same challenges. Neptunes Guide is now on its way to address this issue. shipIT, a Danish based consulting company focused at the shipping industry, has received fundi
Wärtsilä, a global leader in complete lifecycle power solutions for the marine and energy markets, inaugurates its new spare parts distribution centre in Kampen, the Netherlands, on Monday 7 November 2011. The Central Distribution Centre is to be inaugurated by Wärtsilä’s President & CEO Björn Rosen
Imtech Marine will be present at Europort 2011 (8-11 November, Rotterdam) at Stand 1.124 in Hall 1. Renowned Imtech Marine technology companies such as Radio Holland Netherlands, Imtech Marine & Offshore, Imtech Marine Germany, Royal Dirkzwager and Free Technics will be presenting their latest innov
In 2010 Sunreef Yachts has launched a new range of performing fast cruisers ranging from 70 to 170 feet. The shipyard is now introducing a new addition to this range – a sophisticated design for an ultra-modern, high-performance sailing catamaran, the Sunreef 75 Ultimate. It is the proud successor t
