News

Danaos Corporation, a leading international owner of containerships, announced that on February 16, 2012, it took delivery of its largest vessel in the fleet

BMT Nigel Gee Ltd, a subsidiary of BMT Group, the leading international maritime design and engineering consultancy,

Indonesian listed shipping company, Arpeni Pratama Ocean Line, is going to get two ships this month as part of its effort to boost its fleet, reports The Jakarta Globe.

The capacity at Indian ports is likely to increase to 3200 million tonnes by 2020 from the present level of 1170 Million Tonnes.

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN SHIP DEMOLITION YARDS

Sovcomflot (SCF Group) agreed a further joint project with Glencore International AG to own, operate and manage four coated LR1 type product tankers (74,000 tonnes DWT). The vessels

Floatel International has signed a Contract with BP Exploration Operating Company Limited for provision of its accommodation

The Italian cargo vessel Enrica Lexie has been perceived anchored at the outer channel off the coast of Kochi for further investigation as

Pallas Group has through its subsidiary, Ocean Rederi AB, extended the timecharter contract with Erik Thun AB for the vessel M/V Pallas Ocean for another 12 months. The 12 month period began on l February.

Wallem Ship Management in Hong Kong has ordered DNV Navigator for its managed fleet of more than 190 ships. The contract also includes the Work and Rest Hours module allowing for compliance with international legislation on rest hours for seafarers

Deep Sea Supply Plc announces that the PSV ‘Sea Brasil’ has been awarded a long term charter contract with BP Brasil for operations in Brazil.

On 6 February 2012 the Government of the Russian Federation announced the winners of “The Prize for Achievements in Science and Technology in 2011”

Oceanteam Shipping ASA confirms the extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015.

Despite the recent plunge in the price of the energy source, the U.S. Energy Information Administration projects that natural gas generation will remain secondary to coal-fueled generation, according to UPI.

Siemens has received the German Industry's Innovation Award in the large companies category. The award was won by the Siemens H-Class gas turbine, which holds the world efficiency record at 60.75 percent in combined cycle duty.

Helix Energy Solutions Group, Inc. announces that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel.

TITAN Salvage, a Crowley Maritime Corp. company, has been awarded a contract to serve as the commercial marine salvage and engineering support contractor for the Naval Sea

Incat Crowther announces a contract to design a 45m Catamaran Ferry for Costal Fast Ferries, the fourth vessel to be designed by Incat Crowther for the operator.

Secretary of the Navy Ray Mabus announced Feb. 15 the next five Navy ships; three Arleigh Burke-class guided-missile destroyers,

Drewry Maritime Research’s latest Tanker Forecaster report looks at how surplus tonnage is placing a burden on crude tanker freight