East Timor is planning two new ports to help ease congestion at the capital, Dili, with both the north and south coasts set to benefit from the ambitious development plan, Port Strategy reports. The officials will use its oil revenues to establish new sea ports at Tibar on the north coast and Suai on the [...]
Khamis Juma Buamim, Chairman of Drydocks World and Maritime World received the Singapore’s Non-Resident Ambassador (NRA) to the United Arab Emirates, HE Tee Tua Ba and his accompanying delegation and held discussions on topics of mutual interest. Discussions revolved around the company’s future business strategy and action plan for the company’s Singapore-based operations, areas of [...]
ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The order was booked in the first quarter. South Korean [...]
Odfjell Drilling announced that the new rig will join its Norwegian fleet. “The operation of Island Innovator will be an important contribution to Odfjell Drilling’s activity on the Norwegian continental shelf. The contract between the owner Maracc and Lundin Norway AS will mean greater predictability for Odfjell Drilling and our operations in Norway. We will [...]
A number of challenges lie in front of the roll-on/roll-off industry, but how well equipped are businesses to cope with the European Commission’s new environmental regulations? That’s just one of the areas that will be discussed at this year’s RORO event, which is being held in Gothenburg, Sweden, from 22-24 May. The European Commission’s (EC) [...]
Fairstar Heavy Transport N.V. (FAIR) has been awarded a new contract to transport the drilling rig OFFSHORE VIGILANT from Port of Spain, Trinidad to Vung Tau, Vietnam on Fairstar’s semi-submersible vessel FJELL. The contract value is USD 2.9 million. FJELL has just safely discharged two concrete power generating barges for the Chevron EGTL project in [...]
Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. These ships do not include more than 300 tankers that also consume LNG. June 6-7, Zeus will host an LNG-Fueled Marine Advancements meeting to present the survey, review [...]
Fairmount Marine’s tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US. For this job Fairmount Marine was contracted by the rigs owner, Diamond Offshore Drilling, for which Fairmount has performed a series of towages in recent years. Ocean Whittington is a semi submersible drilling rig for deep [...]
Some two weeks since Gamma Light & Heavy Industries Ltd released information about their TGPS propulsion system CEO Douglas G. Bruce says the response from the worldwide maritime industry has been overwhelming. “It’s apparent that the industry is very motivated when it comes to addressing looming environmental protection legislation and its potential impact on operating [...]
The Siemens Drive Technologies Division has been awarded a contract worth tens of millions of Euros from Daewoo Shipbuilding and Marine Engineering (DSME) to implement eco-friendly propulsion and power generation system in container ships which will comprehensively reduce transit costs and provide in achieving the best operational CO2 Index in accordance with the International Maritime [...]
