Defense, engineering and IT conglomerate Leidos announced on Friday it has completed its $380 million cash acquisition of marine engineering and naval architecture firm Gibbs & Cox.The deal, announced in February, will see Gibbs & Cox operate as a wholly-owned subsidiary combined with Leidos' maritime systems division.Headquartered in Arlington, Va., Gibbs & Cox is the largest independent ship design firm focused on naval architecture and marine engineering. The acquisition positions Leidos to provide a broad set of engineering solutions to the U.S.
The Texas A&M Maritime Academy said it has been notified by the U.S. Department of Transportation Maritime Administration (MARAD) that the National Security Multi-Mission Vessel (NSMV) expected to arrive on its Galveston campus in 2025 will be named the Lone Star State.The ship, which is slated to be built by Philly Shipyard, is the fourth in a new series of vessels specifically designed to support both maritime training needs and disaster response capabilities.
A new liquefied natural gas (LNG) bunkering vessel was christened in the Port of Antwerp on March 23.The new vessel, named FlexFueler 002, was built by Dutch shipbuilder Kooiman Marine for owners gas infrastructure group Fluxys and LNG supplier Titan LNG, and it will ensure that ships can refuel with LNG anywhere in the port. It will operate from its permanent moorings at quay 526/528 and supply LNG throughout the port and the Western Scheldt.
Ulstein-built Nexans Aurora cable layer has this week started sea trials, the Norwegian shipbuilder has informed.The 149.9 m long and 31 m wide vessel, to be delivered to offshore cable maker Nexans, will be working in the offshore wind sector market, installing subsea cables including cables connecting offshore wind farms to the grid and interconnector systems. The hull of the vessel, built at CRIST, Poland, arrived at Ulstein Verft in June 2020 when the outfitting works kicked off.
Dry bulk shipping company Diana Shipping has entered into a time charter contract with Bocimar for its Kamsarmax dry bulk vessel, the m/v Myrsini. Diana Shipping said Friday that the gross charter rate was US$27,750 per day, minus a 5% commission paid to third parties, for a time charter period until minimum October 15, 2021, and up to maximum November 30, 2021. "The charter is expected to commence on May 10, 2021. The m/v Myrsini is currently chartered, as previously announced, to Ausca Shipping Limited, Hong Kong, at a gross charter rate of US$11,500 per day
Kawasaki Heavy Industries, Ltd., Yanmar Power Technology Co., Ltd., and Japan Engine Corporation formed a consortium of Japanese engine manufacturers to pursue joint development of hydrogen fueled marine engines for ocean-going and coastal vessels.Kawasaki Heavy Industries will develop medium-speed 4-stroke engines, Yanmar Power Technology will focus on medium- and high-speed 4-stroke engines, and Japan Engine Corporation will embark on the development of low-speed 2-stroke engines.
The bunkering operation was carried out by FueLNG Bellina, Singapore’s first Liquefied Natural Gas (LNG) bunkering vesselShell’s Aframax tanker ‘Pacific Emerald’ is the first oil tanker to be LNG-bunkered in SingaporeFueLNG, together with the Maritime and Port Authority of Singapore (MPA), completed Singapore’s first bunkering of an LNG-fuelled oil tanker . FueLNG is a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd.
Damen Shipyards Group said it has been awarded a contract by Australia-based Engage Marine for the delivery of three new tugs.Engage Marine will operate the three tugs to provide towage services for the Port of Abbot Point. The company has recently been awarded a Non-Exclusive Towage Licence by North Queensland Bulk Ports Corporation.According to Damen, its ASD Tug 3212 will bring to the contract excellent seakeeping behavior, superb maneuverability and outstanding towing characteristics – with 85 tonnes bollard pull.
DCT Gdańsk S.A. has started a prequalification process to tender for the Baltic Hub 3 Project. DCT invites firms and joint ventures to prequalify to tender for Baltic Hub 3 General Contractor. The project in-cludes:Site establishment and demolition of existing disused Terminal T1 marine structures;Construction of the BH3 quay together with all ancillary works and edge protection structures;Dredging associated with the BH3 reclamation and vessel access, reclamation and earthworks;Construction of the BH3 container stacking yard, including all paving
China extended its impressive trade performance in April, with exports unexpectedly accelerating and import growth hitting a decade high, in a boost to the world’s second-largest economy.A brisk U.S. economic recovery and stalled factory production in other countries hit by coronavirus have propped up demand for goods made in China, analysts say.Exports in dollar terms surged 32.3% from a year earlier to $263.92 billion, China’s General Administration of Customs said on Friday, beating analysts’ forecast of 24.1% and the 30.6% growth reported in March.
China's iron ore imports fell 3.5% in April from a month earlier, official customs data showed on Friday, as shipments to the world's top iron ore consumer from major suppliers were disrupted by inclement weather.Arrival volumes of the steelmaking ingredient stood at 98.57 million tonnes last month, according to data from the General Administration of Customs.That compared with imports of 102.11 million tonnes in March and 95.71 million tonnes in April 2020.
Norwegian offshore vessel operator Island Offshore, mostly known for its offshore vessel services in the Norwegian oil and gas industry, has recently won a walk-to-work contract with Vattenfall in the offshore wind sector in Germany.Island Offshore said the contract was an important one and will see its vessel Island Diligence deployed at Vattenfall-operated DanTysk and Sandbank offshore wind farms in the German part of the North Sea.Island Diligence will provide accommodation and transfer of technicians via the vessel’s gangway solution, to the wind turbines.