Safe Bulkers Inc., an international provider of marine drybulk transportation services, announced yesterday that it has collected the full amount worth $31.8 million for the advances paid to a shipyard for a cancelled Capesize vessel and $4.5 million for interest. The London arbitration tribunal rul
Caley Ocean Systems has supplied a high performance, A-frame handling system to Boskalis Offshore for launching trenching vehicles and ploughs from the company’s first ‘N Class’ cable-laying vessel Ndurance. Mounted on the stern of the Ndurance, the Caley A-frame is capable of handling loads of 70 t
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) meets for its 66th session from 31 March to 4 April 2014, at IMO Headquarters in London. Items on the agenda include the consideration of proposed amendments to the MARPOL to make the audit scheme man
The requests for environmental friendly and increased efficiency has been dealt with by Wolfard & Wessels Werktuigbouw. Following the recent innovations, which are in-use for over a year now both in shipbuilding as civil industry, Wolfard & Wessels continued this process by commissioning an all-new
One hundred days from today the biggest warship Britain has built will be officially named by Her Majesty The Queen. On July 4, the Royal Navy’s new aircraft carrier the Queen Elizabeth will be named by Her Majesty in a ceremony at No.1 Dock in Rosyth on the north bank of the Forth. With the [&helli
Samskip Multimodal has added 140 brand new electrical reefer containers to its fleet, further enhancing its capability to ship temperature-controlled or perishable goods across Europe. The final batch of 50 Samskip Coolboxx reefer containers arrived earlier this month at the Rotterdam Shortsea Termi
Shipyard De Hoop has recently secured an order for the design and construction of an Intermix/Transmix vessel. The contract consists of a newly designed 68.23 x 15.77metre Offshore Service/Support Vessel (OSV) for Awaritse Nigeria Limited (ANL). Designed to operate in the Royal Dutch Shell (Shell Ni
Cathelco have introduced a new series of Quantum control panels for their sea water pipework anti-fouling systems and impressed current cathodic protection (ICCP) systems. The new panels provide numerous benefits, but the most significant breakthrough is the ease with which the systems can be contro
German ship-owner Conti Reederei has placed an order for four 63,800dwt bulkers with options for eight more with Jiangsu Hantong Shipbuilding & Heavy Industry, SinoShip news portal reports. The vessels from the firm order are scheduled for delivery in the second half of 2015. The price of the contra
The new Wärtsilä low-pressure, 2-stroke, dual-fuel engine (DF), that meets the demand of the market, has been endorsed with an important new order. 5-cylinder Wärtsilä RT-flex50DF engine, together with the gas valve unit and other relevant equipment, has been ordered for a new liquefied natural gas
Dutch Defence Minister Jeanine Hennis-Plasschaert ceremonially named the Karel Doorman, the new Joint Support Ship for the Royal Netherlands Navy, on Saturday, March 8th. The ceremony took place in Vlissingen at the shipyard operated by Damen Schelde Naval Shipbuilding. With a length of 204.7 metres
Havyard Group ASA had yet another good year, recording an operating profit before depreciation (EBITDA) of NOK 199 million for 2013. The pre-tax profit amounted to NOK 190 million (NOK 215 million in 2012), which means a net profit ratio of 10% on a turnover of NOK 1,987 million (NOK 1,427 million i
Mitsubishi Heavy Industries, Ltd. (MHI) has decided to book an extraordinary loss of approximately $585 million from its cruise ship business in the company’s consolidated financial results for fiscal year (FY) 2013 (ending March 31, 2014). In November 2011 MHI received an order for two large-sized
The maritime companies Ulstein and Kleven signed today, as the first two companies in Søre Sunnmøre, the recruiting agreement “Ripple Effects” with Furene AS. “Ripple Effects” is a recruitment strategy organized by NHO (Confederation of Norwegian Enterprise). The goal is to get people, who for vario
