VT Halter Marine of Pascagoula, MS has emerged the victor in one of the most prized and coveted shipbuilding contracts in recent memory, a $746m deal to build the Coast Guard's lead Polar Security Cutter. If two additional ship options are exercised, the total deal could approach $2B.The U.S. Coast Guard and U.S. Navy, through an Integrated Program Office (IPO), awarded VT Halter Marine Inc., of Pascagoula, Mississippi, a fixed price incentive (firm) contract for the Detail Design and Construction (DD&C) of the Coast Guard’s lead Polar Security Cutter (PSC).
Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response. Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies, most are more like a coast guard than a military force in their normal responsibilities.Every Navy is different.
Singapore on Tuesday said its plans to build the world's biggest container terminal in a single location were on track, as it held a ceremony to mark a milestone in the initial construction phase of the mega-project.Tuas Terminal is set to open progressively from 2021, six years after work began, and it is expected to be capable of handling 65 million twenty-foot long shipping containers per annum when fully completed in 2040.
Seabed survey and ocean exploration company Ocean Infinity said it has conducted urgent subsea search, inspection and operations on the wreck of the MV Grande America, which sank in the Bay of Biscay on March 12.Grande America capsized and sunk last month after its cargo of containers and vehicles caught fire during a voyage from Hamburg to Casablanca.Having entered into an agreement with marine services and salvage company Ardent, Ocean Infinity deployed its fleet of autonomous underwater vehicles (AUV) to locate the wreck.
Germany-headquartered energy company E.ON and Japanese renewable energy company Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan.A press release from the European holding company based in Essen said that the cooperation is focused on fixed bottom projects and starts with a study to jointly select a project for development, construction and operations in the Kyushu area, the southernmost island of Japan. The companies may consider expanding the partnership to other regions in Japan.The cooperation follows E.
The first polar newbuild in the history of Lindblad Expeditions National Geographic Endurance arrived in Ulsteinvik, Norway, Tuesday after traveling nearly six days from Gydnia, Poland, where the hull was constructed.The workers at Ulstein followed closely the hull arrival of the polar expedition cruise vessel, said a press release from the shipyard situated in Ulstein Group's primary base of operations, Ulsteinvik.National Geographic Endurance is the first X-BOW polar vessel to be built at the yard.
Port of Newcastle issued a media release announcing that Infrastructure NSW, an Australian government entity, had withdrawn A$12.7 million funding for the project.“Infrastructure NSW has advised that the AUD12.7 million funding for the cruise terminal project is no longer available,” the Port of Newcastle said in a statement.Port of Newcastle has been working on this project on behalf of the NSW Government on the basis of providing a facility that meets the cruise industry's needs while remaining within the funding provided.
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) is participating in a sole-sourced tender process for a multi-year acquisition contract.EMGS has now received a letter of award for the contract. The multi-year call-off acquisition contract, awarded by one of the world’s largest national oil companies, has a minimum value of approx. USD 29.3 million, and a maximum value of approx. USD 73.3 million, over a two-year period.
Two Swedish shipping companies - Wallenius and Swedish Orient Line (SOL) - have formed a shipowning joint venture that will sail from ports in Sweden and Finland.The company has five ships so far and plans to order four LNG-powered newbuilds to operate ice-class vessels for the forestry product trades in the Gulf of Bothnia and Baltic Sea area.The new Nordic joint venture, named WALLENIUS SOL, is to strengthen the infrastructure for the needs of Finnish and Swedish industry. The first customers to sign long-term agreements are Stora Enso and Metsä Board.
Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response. Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies, most are more like a coast guard than a military force in their normal responsibilities.Every Navy is different.
South Florida’s marine industry is a $12 billion/year economic engine that provides the region with 142,000 careers and jobs. With an aging workforce and a unique skill set, the maritime community is facing a workforce that’s aging out with skilled labor being very hard to find. To assist, Advanced Mechanical Enterprises/AMESOLUTIONS.COM, and 23 marine industry companies have joined forces with Junior Achievement of South Florida.
The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced $6,790,000 in grants to three Marine Highway projects. The funding, provided by MARAD’s Marine Highway Program, will go towards enhancing existing services in Louisiana and Virginia as well as supporting the development of a new project in New York.“These grants will expand the use of our country’s waterways, which are essential to our economic growth and vitality,” said U.S. Secretary of Transportation Elaine L. Chao.