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Maritime, Marine Industry, Shipbuilding, Shipping News
  • Hyundai Merchant Marine Seeks USD 8.9 bln from KDB
    Hyundai Merchant Marine (HMM) requested the Korea Development Bank (KDB) to support with a total of 9.9 trillion won (US$8.9 billion) in funds until 2022  to grow into the 8th largest global shipping company in the future, Business Korea reported.
  • Harren & Partner to Acquire SAL Heavy Lift
    Bremen-based shipping company Harren & Partner and "K" Line, Tokyo, have reached an agreement for Harren & Partner to acquire German carrier SAL Heavy Lift today (27 July 2017). SAL will become the new dominant player in the super heavy lift segment (900 t to 2,000 t crane capacity).
  • North Sea Terminal Bremerhaven Upgrades to Navis N4
    North Sea Terminal Bremerhaven (NTB) has upgraded its terminal operating system from Navis Express to the N4 terminal system. NTB is one of Europe's busiest and most important container terminals, handling about 3.2 million TEUs annually via continuous 24/7 operations.
  • EMP Aquarius MRE Prepares for Sea Trials
    Eco Marine Power (EMP) has begun preparing for sea trials of its Aquarius Marine Renewable Energy (MRE) solution in co-operation with strategic partners and ship owner Hisafuku Kisen K.K. of Onomichi, Japan. This preparatory work will lead to…
  • Japan Bank Finances Danish Shipper
    The Japan Bank for International Cooperation (JBIC) will provide a total of $28.3 million in syndicated loans with French bank BNP Paribas to help a major Danish shipping operator’s unit buy cargo vessels to be built by leading Japanese shipbuilder Imabari Shipbuilding, Jiji Press  reported.
  • Diana Containerships Announces 1-for-6 Reverse Split
    Diana Containerships, a global shipping company specializing in the ownership of containerships, has announced that its Board of Directors  has determined to effect a reverse stock split of the Company’s common shares, par value $0.01 per share, at a ratio of one-for-six.
  • Navios Group Rolls Out Containers Division
    Navios Group has  launched Navios Containers, a vehicle dedicated to the container sector. Navios Containers has the right to acquire all containerships offered to the Group, said Angeliki Frangou, Chairman and Chief Executive Officer. Navios Containers used the proceeds of the private placement…
  • Safe Bulkers Reports 2Q Loss, Buys Newbuild
    Safe Bulkers has reported a loss of $1.6 million in its second quarter ended June 30, 2017 as compared to $9.0 million, during the same period in 2016. Net loss for the six months of 2017 was $4.9 million as compared to $26.8 million, during the same period in 2016.
  • ESG Completes First OPC Milestone On Schedule, Within Budget
    Panama City, FL, Eastern Shipbuilding has successfully completed its Initial Critical Design Review (ICDR) milestone with the United States Coast Guard on 21 July, 2017 for the Offshore Patrol Cutter (OPC) Program. ESG’s accomplishment is noteworthy…
  • U.S. Sanctions Vens as Pressure Builds on Maduro
    The Trump administration imposed sanctions on 13 senior Venezuelan officials as the country's opposition launched a two-day strike on Wednesday, heaping pressure on unpopular President Nicolas Maduro to scrap plans for a controversial new congress.
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23 JUN 2016 - TAIWAN MOVES ON $14.7B INDIGENOUS SHIPBUILDING, UPGRADE PROJECTS. TAIWAN NAVY ACCEPTS NEW CATAMARAN

The Taiwanese Navy announced 12 new shipbuilding and force modernization programs covering a 23-year period at roughly $14.7 billion on Monday. This indigenous build effort is part of an overall plan to wean Taiwan off expensive and politically troublesome US defense acquisitions — which often consist of refurbished older platforms — and develop a robust defense industry on the island.

SOURCE: DEFENSENEWS
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16 APR 2016 - SECOND OF EIGHT SINGAPORE-DESIGNED AND BUILT WARSHIPS LAUNCHED

Singapore has launched another littoral mission vessel (LMV), Sovereignty, the second of eight new warships that will eventually replace the Navy's older Fearless-class patrol vessels.

Sovereignty is expected to be operationally ready by next year (2017), after its combat systems are installed and it undergoes sea trials. The others are expected to be operational by 2020.

The eight LMVs will do the work previously required by 11 patrol vessels, which have been in service for about 20 years. They also require at least 10 per cent less manpower.

Pan Delta Controls is proud to be a supplier for the LMV project. 

SOURCE: THE STRAITS TIMES
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14 APR 2016 - KEPPEL SINGMARINE TO DELIVER HIGH-SPECIFICATION DERRICK LAY VESSEL TO MCDERMOTT 

Keppel Singmarine, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), will soon deliver a high-specification deepwater derrick lay vessel to Hydro Marine Services, a subsidiary of McDermott International (McDermott).

The derrick lay vessel, which is built to Keppel's proprietary design, was named DLV 2000 during a ceremony held earlier today. The first project she will be deployed for is the INPEX Ichthys Liquefied Natural Gas project in offshore Western Australia.

Pan Delta Controls is proud to have supplied the NAV1560DC-NLP Navigation Light Panel and Hospital Call System which fulfills Safe Return to Port requirements for this vessel.

SOURCE: KEPPEL CORPORATION
Click here to read more.

31 DEC 2015 - TAIWAN NAVY ACCEPTS NEW CATAMARAN

The Taiwan Navy received the first prototpe of the stealthy Tuo Jiang class catamaran corvettes (PGG 618). The new 500-ton vessel completed a year of testing, with plans to build 11 follow-on ships after the prototype's evaluation is completed. 

The media tour of the ship confirmed that other foreign companies participated as suppliers; including Florida-based Hose-McCann Communications, Singapore-based Pan Delta Controls, Korea-based Master Clock Systems, Garmin International, Germany-based MTU Marine and UK-based Scott Safety. 

SOURCE: DEFENSENEWS
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03 JUL 2015 - SINGAPORE LAUNCHES FIRST INDEPENDENCE-CLASS LITTORAL MISSION VESSEL (LMV)

Singapore has launched the first of eight Littoral Mission Vessels (LMVs) on order for the Republic of Singapore Navy (RSN).

The vessel, Independence , was launched on 3 July at ST Marine's shipyard in Benoi in a ceremony presided over by Singapore's defence minister Ng Eng Hen.

Pan Delta Controls is proud to be a supplier for the LMV project. 

SOURCE: IHS JANE'S NAVY INTERNATIONAL
Click here to read more.

 

 

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