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Monthly Archives: February 2017

Hapag-Lloyd Successfully Places Additional Notes

Hapag-Lloyd AG has successfully placed Additional Notes and was able to upsize the volume from the originally announced EUR 150 million to EUR 200 million due to high demand. The Additional Notes are issued under the indenture dated 1 February…
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Port of Antwerp Opens New Training Centre in India

Indian port professionals who follow courses given in Mumbai by APEC, the port of Antwerp training centre, can now benefit from a purpose-built training facility. The new facility was officially opened on Monday this week during the annual Port of Antwerp Mission to India…
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BAE Systems Wins $11.3M Navy Deal

BAE Systems Southeast Shipyards Mayport, Mayport, Florida, is being awarded an $11,351,440 cost-plus-award-fee modification to previously awarded contract N00024-16-C-2302 to exercise the option for post shakedown availability (PSA) accomplishment for ...
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Fincantieri-led Team Submits Army MSV-L Proposal

Fincantieri Marine Group said it has submitted its proposal for the U.S. Army Maneuver Support Vessel - Light. Fincantieri leads an industry team comprised of CNIM, the designer of the Catamaran Landing Craft (L-CAT); Oshkosh Defense, a provider…
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Two New Builds Delivered to Subsea 7

Offshore engineering, construction and services company Subsea 7 said it has taken delivery two new builds: a heavy construction flex-lay vessel Seven Arctic and dive support vessel Seven Kestrel, completing its substantial fleet investment…
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SC Ports Reports All-time Record Container Volume

South Carolina Ports Authority (SCPA) announced an all-time record container volume of nearly 105,000 pier containers and 185,018 twenty-foot equivalent units (TEUs) handled in January. As measured in pier containers, or total box volume, SCPA handled 104…
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Glosten Promotes FitzGerald to Principal

Seattle-based naval architecture and marine engineering consultancy Glosten has promoted Ken FitzGerald to Principal. FitzGerald is a graduate of Louisiana State University (BS, Petroleum Engineering, 1992), and joined Glosten in 2003 after 13 years wo...
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Last Port of Call for the US Merchant Marine?

The privately owned U.S.-flag foreign trading fleet, which is an essential component of U.S. sealift capability, stands on the edge of a precipice. The fleet – roughly stable in terms of cargo carrying capacity from 2000 to 2012 – has declined from 106 vessels in 2012 to 78 vessels at October 30…
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