US-based subsea firm Ocean Infinity announced Wednesday it has completed the subsea inspection of the Grande America, which sank in the Bay of Biscay last month. Ocean Infinity previously entered into an agreement with salvage firm Ardent which entailed conducting the subsea search, inspection and operations on the wreck. The company used its fleet of Autonomous … [Read more...]
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Qatar Launches Massive LNG Shipbuilding Program That Could Exceed 100 Ships
Qatar, the world's second largest exporter of liquified natural gas, has taken its first firm steps in a massive LNG shipbuilding program that could exceed 100 newbuild LNG carriers over the next decade. Qatar Petroleum on Tuesday issued an ‘invitation to tender’ to shipbuilders for the reservation of LNG ship construction capacity. The initial plan calls for the … [Read more...]
EU NAVFOR Confirms Pirate Attacks Off Somalia
Suspected pirates attacked two fishing vessels in the Indian Ocean off the coast of Somalia this week, the latest incident underscoring the continued threat to ships and crews in the Horn of Africa region. EU NAVFOR Somalia Operation Atalanta confirmed that on April 21, the fishing vessels FV Adria and FV Txori Argi came under attack by suspected pirates … [Read more...]
Nigeria Arrests Maritime Security Team Over Firearms Possession – Update
The Nigerian Navy has arrested nine people including one American for possession of firearms in what the Navy claimed was Nigerian waters. The suspects were part of a maritime security team providing anti-piracy services in the Gulf of Guinea region. A spokesperson for the maritime security firm, confirmed as U.S.-based Trident Group, said the team was located well … [Read more...]
Damen Reports First Annual Loss in 15 Years
Damen Shipyards Group reported a net loss of 17 million euro in 2018, marking the first that the privately owned Dutch shipbuilder has reported a loss in the last 15 years. Damen says the net loss was due to "a sustained period of difficulty" in a number of key maritime sectors, acquisitions and investments in future programs that should benefit the company. "Notably, … [Read more...]