ATCO Ltd. has reported that it will buy a 40-percent stake in the South American port operator Neltume Ports for about $450 million. ATCO which is based in Calgary has interests in logistics, energy, and real estate. The stake in the port operator and developer is aimed at diversifying its business. The deal adds to ATCO’s partnership…
The Port of Blyth has reached an agreement with major tenant Royal IHC that will see the offshore engineering firm commit their long term future to the port’s offshore energy support base. Having completed this landmark deal, Royal IHC are now planning for a period of expansion with various new contracts secured and the creation of a…
This morning, the shipbuilders at Halifax Shipyard successfully transitioned Canada’s first Arctic and Offshore Patrol Ship (AOPS), the future HMCS Harry DeWolf, from land-level onto a submersible barge for the vessels planned launch tomorrow, Saturday, September 15, 2018. The 103 metre, 6,615 tonne AOPS is the largest Royal Canadian Navy ship built in Canada in…
A tug caught fire prompting the closure of a part of the lower Mississippi River to vessel traffic. The tug caught fire near mile marker 673 on Wednesday. Reports came in that all crew and there is no threat of pollution. Different Types of Fire Extinguishers Used on Ships The U.S. Coast Guard said it is responding to…
LEXUS have unveiled its first yacht as the Japanese car company’s fourth flagship vehicle next year. The LY 650 will be a 65-feet long luxurious yacht with a 19-foot beam and it will have a “distinguished style found in the strong, pronounced bow, curved dark accents and accentuated aft hips”. When viewed from the side,…
The renovated marine research vessel Aranda was delivered to the Finnish Environment Institute SYKE today. The overhaul was carried out by Rauma Marine Constructions Oy at its shipyard in the city of Rauma. Next week the Aranda heads out on her first research cruise on the Baltic Sea. “It is very important to get the…
The search operation for the missing German pop singer Daniel Kaiser-Kueblboeck, who reportedly jumped overboard from a cruise ship near Canada over the weekend, has been called off. Kaiser-Kueblboeck, 33, was traveling on the AIDAluna cruise ship en route to Newfoundland when he jumped overboard early Sunday morning, according to Aida Cruises. According to the…
Memorandum of Agreement (MoA) signed between Defence Technology Institute (DTI), Datagate and Thales for further collaboration in digital communications systems First common project dedicated to upgrading Royal Thai Army’s existing fleet of Armored Personal Carrier (APC) Thales will progressively transfer knowledge and technology to DTI with industrial support from Datagate, Thales’ key industrial partner in…
Thales Canada has opened a new maritime office to support major naval programmes for the Royal Canadian Navy ( Royal Canadian Navy). The new office will be located in Halifax, Nova Scotia and will be the company’s eighth facility in Canada. The office will offer up to 20 new job opportunities to the region. The…
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on 11 September, a naming ceremony for an ice-breaking LNG carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), was held at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME). As a crowd of VIPs…
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