Maritime Reporter Articles
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on May 2000Kawasaki Heavy Industries (KHI) expanded its RoRo tonnage references with the January delivery of the 2,300 lane-meter trailer carrier Celandine to Belgian operator Cobelfret, which was scheduled to be joined by sistership Victorine this past March. KHI's trailer carrier deliveries feature c
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on May 2000One of Coflexip Stena Offshore's U.K. entities was awarded a large EPIC contract worth $58 million by BG International for its Blake subsea field, offshore Scotland at a depth of 295 ft. (90 m). Situated approximately 9.5 km North of the Ross field in the Moray Firth, the Blake field will be
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- Reach Higher Summit Bank page: 14
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on May 2000Some financing opportunities may represent a huge upside potential involving the fulfillment of lifelong dreams and aspirations. However, high reward potential comes with an inherently large downside risk. Such opportunities are coined "unbankable" by traditional bank debt vehicles such as li
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- Effectively Assessing Your Risks page: 14
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on May 2000One of the greatest challenges facing a lender in the maritime industry is appropriate assessment of risk. In this exciting, varied and vibrant industry, a lender's effective risk assessment requires a thorough understanding of the vagaries that characterize the industry. Many of the companie
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on May 2000With the continuing consolidation in the marine engine building sector, and unwavering pressure on engine prices, the stakes are rising all the time as regards design development. But the considerable resource allocation represented in designing a new engine and bringing it to market have, of
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- FGH Finalizes $40M Contracts page: 12
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on May 2000Friede Goldman Halter (FGH) has finalized six new contracts valued at approximately $40 million total. The contracts have been signed with the following customers: The Venezuelan government has called upon FGH to construct a pair of 153 ft. (46.6 m) LCU-type logistics support vessels. Financ
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- Offshore Climbing Higher In Oslo page: 7
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on May 2000Shipping and offshore shares performed well in March with an increase in the Shipping Index of 2.3 percent. The Oslo market as a whole fell 2.2 percent, much due to the world-wide price fall for the IT and telecom sector. Despite the uncertainty about the outcome of the OPEC meeting on March
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- E-Utopia? page: 6
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on May 2000Analysts, pundits, skeptics and just about anyone with a two-bit opinion have voiced their thoughts — informed and otherwise — as to the potential effects that the surge in "e-commerce" solutions will have on the transportation community at large. While the marine market is traditionally said
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on May 2000Fassmer-Shipyard this year celebrates its 150th year in business, and the companies' chronology is literally a case study in the effective use of and evolution of marine materials. Founded as a one-man boatyard by Johann Fafimer in Bardenfelth in 1850for the purpose of boat building, the compan
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on May 2000The year 2000 has enjoyed special significance as a transition year bridging two centuries. Similarly it has significance with U.S. lawmakers for the Second Session of the 106th Congress. As the last year of the currently elected Congress, this year anticipates action on a series of pending l
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- Resilient Dutch Network page: 8
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on May 2000As a bastion of ship production in the under 10,000-dwt-vessel range, the industry in the northern Netherlands continues to demonstrate true global competitiveness in its chosen fields of endeavor. While much of European shipbuilding bewails the intensified onslaught from the Orient, impingin
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on April 2000Recent growth in ferry construction, particularly in the U.S., has been significant. The U.S. Department of Transportation recently reported that the U.S. marine transportation system annually transports 134 million passengers by ferry. Although the U.S. fleet represents a small percentage of
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on April 2000For the past five years, the U.S.- flagged American Canadian Caribbean Line (ACCL) — dubbed America's original smallship cruise line — has called upon Chicago on its Great Lakes excursions. Resulting from an increase in passenger and travel agency demand for more unique lakes adventure cruise
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- Blount Completes Dinner Vessel page: 74
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on April 2000The 600-passenger dinner cruise vessel; M/V Horizon was delivered to Pegasus Yacht Cruises of New York by Blount Industries on March 5. Measuring 161 ft. (49 m). Horizon boasts a welded steel, single chine hull with three enclosed dining decks, with all superstructure above the second deck i
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on April 2000Best practice, adhered to on all vessels, is beneficial for all concerned. It saves money for the ship operator, it reduces the risk of injury, damage or loss, it ensures the continued safety of the crew, and it provides an important quality marketing tool for the department that has to sel
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- ViaSat Ups Phase Two page: 69
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on April 2000ViaSat has raised the delivery of Phase two of its contract with Star Cruises, attaining an order worth more than $500,000 for additional installation on the line's latest vessel — Superstar Taurus — that was set to be in Japan during March. The network was originally to have been completed b
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on April 2000Leica, already a major player in the international marine DGPS beacon market, has extended its market share further with orders from China, South Africa and Australia. Leica won a contract from the Chinese Maritime Safety Administration to supply seven marine differential GPS (DGPS) beacon sy
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on April 2000The cliche "the more things change, the more they stay the same," certainly applies to the past, current and future role of the Norwegian maritime cluster in the grand scheme of the international ship and boat building communities. Few countries, if any, can boast the maritime history of Norw
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on April 2000In a move which perhaps heralds the next plateau in at-sea communications. Maritime Telecommunications Network (MTN) in Miami announced an innovative partnership in which its satellite communications network will be used for a new service developed and patented by BT A&M, BT's satellite commun
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- Jabsco Offers Oil Change Kit page: 54
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on April 2000ITT Jabsco has recently released a variety of new products. Among them is Ultra-Max mini-outlet water systems, an all-encompassing fully-assembled solution that includes a powerful pump, inlet strainer and accumulator tank mounted on a corrosion-proof base. Easy to install in just a few minut