News


SFL Buys Two Car Carriers, Charters Them Out

Ship Finance International Limited (SFL) acquire two car carriers & both have been chartered out. The Japan-built vessels have a capacity of approximately 6,500 car equivalent units (CEU) and were built in 2005 and 2006, respectively.

Seaway Heavy Lifting Hoists North Sea Contract

Cyprus-based Seaway Heavy Lifting awarded a transportation and installation contract for UK's East Anglia offshore wind zone. Aberdeen based Wood Group Engineering (North Sea) Ltd awarded the contract

Estonian Port Buys Icebreaker

Port of Tallinn signs the purchasing agreement for icebreaker 'MSV Botnica'. The 50 million euro agreement is with the Finnish shipping company Arctia for the outright purchase of the icebreaking vessel.

GD NASSCO Delivers USNS Cesar Chavez

General Dynamics NASSCO delivers 'USNS Cesar Chavez' (T-AKE 14) to the U.S. Navy. USNS Cesar Chavez is the fourteenth and final ship of the T-AKE class of dry cargo-ammunition ships built by General Dynamics NASSCO for the U.

ABB Reports Steady Orders, Higher Revenues in Q3 2012

ABB report solid performance in an uncertain market in its third quarter 2012 financial report. Financial highligts:     •    Group operational EBITDA1 margin stable vs Q2 2012, including Power

FLIR's Thermal Night Vision Equipment Now Touch-screen Accessible

FLIR M‐Series is now compatible with TZTouch through Furuno’s Navnet TZTouch touch‐screen MFDs. FLIR’s popular M‐Series line of thermal night vision just got easier to use than ever, Now all M‐Series functions can be directly accessed through Furuno’s Navnet TZTouch touch‐screen MFDs.

Leaner US Navy Predicted by Admiral

Adm. Mark Ferguson, Vice Chief of Naval Operations, offered a revealing look at the future of the Navy if budget cuts are approved. The admiral gave the keynote address at the recent opening of the

Port of San Diego Plans 'Cold Ironing' Facility

Port of San Diego's Tenth Avenue Marine Terminal proposes shore-to-ship power provision (subject to project's public approval). The project would allow vessels such as container ships and refrigerated cargo ships to "plug in" and use electrical power from San Diego Gas & Electric ,

Tankship Sold For Conversion to FPSO

Belgian owners, Euronav NV, of  the VLCC 'Algarve' announce its delivery to the new owner for conversion. The 298,969 dwt VLCC Algarve, built in 1999, was sold for USD 35,875,000 yielding Euronav a capital gain of USD 7.

ITF GenSec David Cockroft to Retire

David Cockroft general secretary of the ITF (International Transport Workers’ Federation) since 1993 reaches retirement age. The announcement was made at the meeting of the ITF executive board in Copenhagen,

Austal Completes Warship Main Engine Light-Off

Main engine plant of  USN 127-meter Littoral Combat Ship 'Coronado' (LCS 4) powered up by shipbuilders, Austal. Austal has completed main engine light off of the two MTU 9,100kW 20V 8000 M71 propulsion diesel engines and the two 22,

GE Deliver FREMM Warship Gas Turbines

GE delivers two LM2500+G4 marine gas turbines to Avio for French and Italian FREMM frigates.  GE Marine has delivered two LM2500+G4 aeroderivative marine gas turbines to Avio S.p.A. of Turin, Italy, a GE Marine System Supplier.