09 May 2014

Damen Names Royal Oman Navy Flagship

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Maritime Today is brought to you this Friday, May 09, 2014 by Maritime Reporter and Engineering News, the worlds most recognized and trusted monthly publication serving the international maritime community.

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Damen Names Royal Oman Navy Flagship

Dignitaries from the Ministry of Defense of Oman joined senior Damen management at a ceremony at Damen Schelde Naval Shipbuilding, Vlissingen on May 8 to mark the naming of the Royal Navy of Oman's new flagship, the Sail Training Clipper Shabab Oman II. The 87m long steel-hulled vessel is a three-mast

 
The Broadband of Competitive Advantage

Inmarsat Maritime President Frank Coles said the efficiency gains of the "Maritime Industrial Internet" are at hand, if only shipowners can grasp the potential for competitive advantage. The first satellite in the Global Xpress fleet will complete all of its testing by July of this year, with the second and third satellites on schedule to be launched by the close of 2014.

 
Finnish Border Guard Gets LNG-powered OPV

On Friday May 9, 2014, STX Finland Oy's Rauma Shipyard handed over a next-generation offshore patrol vessel to the Finnish Border Guard. The vessel was christened Turva by her godmother, Minister of the Interior Päivi Räsänen, in the christening and float-out ceremony held on August 2, 2013.

 
US Deploys Three Offshore Wind Energy Projects

As a part of the Obama Administration's all-of-the-above energy strategy, the U.S. Energy Department today announced the selection of three pioneering offshore wind demonstrations to receive up to $47 million each over the next four years to deploy innovative, grid-connected systems in federal and state waters by 2017.

 
Royal Caribbean Orders Fourth Oasis-Class Vessel

Announcement Made as STX France Lays Keel for Third Oasis-Class Ship. Royal Caribbean Cruises Ltd. announced today that it has agreed with STX France to move forward on the order of a fourth Oasis-class ship for delivery in 2018. Royal Caribbean Cruises Ltd.'s Chairman and Chief Executive Officer Richard D.

 
Wind Turbine Maker Vestas Turns Q1 2014 Profit

Danish wind turbine maker Vestas surprised the market on Friday by returning to profit in the first quarter due to improved margins, higher revenue and lower fixed capacity costs, sending its shares up 7 percent. Operating profit before special items amounted to 40 million euros ($55.45 million) in the quarter from a loss of 108 million euros a year ago.

 
Louisiana LNG Energy Gets Terminal Funding

Louisiana LNG Energy said on Friday it has secured funding for its natural gas liquefaction facility being developed in Louisiana, which is expected to begin operations in late 2017. The company said it has secured funds from an affiliate of ArcLight Capital Partners for the terminal, located south of New Orleans at mile marker 46 along the Mississippi River.

 
BMT Expands in Queensland and Western Australia

BMT JFA Consultants, a subsidiary of BMT Group, the international maritime design, engineering and risk management consultancy, has announced plans for new offices in both Perth, Western Australia and Brisbane, Queensland in order to better support its clients' requirements and provide space for expansion.

 
Algeria Orders 20 Liebherr Mobile Harbor Cranes

Liebherr Maritime Cranes has received an important order for its mobile harbor crane range from Algeria, Africa. A purchasing association of Algerian port operators has opted for 20 Liebherr mobile harbor cranes (LHM).   The purchasing association consists of seven Algerian port companies, which decided to invest in innovative and high-quality port equipment.

 
Portsmouth Pilots Choose ORCA Pilot G2

After a series of trials with different Portable Pilot Units (PPU) the Portsmouth Pilots have selected ORCA Pilot G2 as their navigation tool. The new software is produced by SevenCs, a  maritime software development company for navigation and chart production. With Centerprise International as the local distributor for the U.K.

 
Jolly Nero Casualties Remembered One Year Later

Those killed in the collision of the Jolly Nero one year ago on May 7, 2013 were remembered in a memorial Mass celebrated by the Cardinal of Genoa, Cardinal Angelo Bagnasco.  Seafarers' charity Apostleship of the Sea also held a commemoration in Genoa at the hour of tragedy on Wednesday to offer support and prayers for survivors and families affected.

 
Thrustmaster Closes OTC with Dutch Barge Company Deal

Thrustmaster of Texas, a manufacturer of commercial marine propulsion equipment based out of Houston, closed out this year's OTC by placing ink to paper after signing a contract on the trade show floor with the Dutch Barge Company Thursday to supply a complete thruster package. The deal concluded at a press conference inside the Reliant Center hosted by Thrustmaster's president, Joe Bekker

 
Samsung Wins $410 mln LNG Order

Samsung Heavy Industries Co said on Friday it won a 419.5 billion won ($410 million) order to build two liquefied natural gas carriers for an unidentified European client. The South Korean firm plans to deliver the vessels by end-August 2017, it said in a filing to the stock exchange.

 
SE Asia Unity Tested as Tensions Spike

A surge of tensions in the South China Sea threatens to widen divisions between Southeast Asian nations at a summit this weekend, posing a severe test for host Myanmar as the newly democratic country seeks to manage the region's growing alarm over China. The routine annual meeting of Southeast Asian leaders has been given a jolt of urgency by a series of collisions this week between Chinese and

 
Private Equity Spending Fuels Shipping Sector Risk

Private equity has pumped $32 bln into shipping in past 2 years. Ships totaling 299 mln dwt to enter global fleet from May. Some private equity-backed shipping IPOs have been put off on weak sentiment. The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree

 

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