Singapore Telecommunications Limited (SingTel) announced that it has received the prestigious 2008 Asia Pacific Frost & Sullivan Technology Leadership Award in the field of Maritime Broadband Communications.
SingTel was bestowed this award for its leadership in developing innovative solutions to improve communications at sea and address the rising challenges of the maritime industry. Solutions such as SingTel’s Office-At-Sea suite of maritime applications, which enables vessels to communicate seamlessly and cost-effectively with their headquarters on land, were recognized for boosting business productivity and improving crew welfare. Other notable innovations by SingTel include the world’s first 1.5-metre C-band stabilised satellite antenna. Co-designed with its partner SeaTel, this enables sea-going vessels to enjoy significantly higher bandwidth (up to 6Mbps) than a traditional 2.4-metre C-band antenna. The award also recognizes SingTel’s collaboration with the Singapore Maritime Academy (SMA) to set a new benchmark in maritime education. Through this initiative, SingTel helped to establish the Satcom@SMA maritime innovation hub. The first of its kind in Asia Pacific, this facility, which is fitted with state-of-the-art equipment, serves as a platform for the development of new applications and solutions. SingTel also played an important role in developing a new maritime satellite communications module to be included in SMA’s syllabus, which offers practical experience in the use of satellite communication systems and applications for ships.
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Saturday, August 30, 2008
Asian container heavyweights invest in Rotterdam
Cosco Pacific, "K'' Line, Hanjin Shipping and Yang Ming have announced that they will take a stake in the new Euromax terminal, located in Rotterdam's Maasvlakte area, Europe's biggest cargo hub later this year.
Each of the four partners will invest 12.5% by the end of this year and the remainder of the ownership of the terminal will be by Europe Container Terminals. The terminal, scheduled to open on September 5, will have four berths and a capacity of 2.3m teu per year and be the fifth overseas investment by Cosco Pacific. The company's deputy managing director, Ken Chan has been reported as declaring the company would like to invest more overseas because international port projects only account for 11% of Cosco's profits from ports. Its remaining 89% of port earnings is generated from mainland hubs where investment opportunities are declining. Cosco Pacific's negotiations with the Fujian Port Group are likely to be finalized by the year-end with Cosco Pacific and Yantian Port Group reportedly interested in a 30% stake in Fujian Port. The company has already invested in two other ports in Quanzhou and Xiamen in Fujian.
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Each of the four partners will invest 12.5% by the end of this year and the remainder of the ownership of the terminal will be by Europe Container Terminals. The terminal, scheduled to open on September 5, will have four berths and a capacity of 2.3m teu per year and be the fifth overseas investment by Cosco Pacific. The company's deputy managing director, Ken Chan has been reported as declaring the company would like to invest more overseas because international port projects only account for 11% of Cosco's profits from ports. Its remaining 89% of port earnings is generated from mainland hubs where investment opportunities are declining. Cosco Pacific's negotiations with the Fujian Port Group are likely to be finalized by the year-end with Cosco Pacific and Yantian Port Group reportedly interested in a 30% stake in Fujian Port. The company has already invested in two other ports in Quanzhou and Xiamen in Fujian.
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Scan Geophysical wins largest ever seismic contract
Norway-based Scan Geophysical has been awarded a US$70 million contract from Petroleos de Venezuela.
Scan’s largest ever seismic contract will cover 3D seismic work in offshore Venezuela, over an area of 3,300 square kilometers. Preceded by earlier announced awards by PDVSA for seismic services offshore Venezuela, this contract calls for additional marine 3D seismic to be acquired in the Dragon Norte region. The new contract will backlog Scan’s vessel, the ‘SCAN Resolution’, into the third quarter of 2009. Scan Geophysical is an international seismic data acquisition company specialising in marine streamer seismic services.
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Scan’s largest ever seismic contract will cover 3D seismic work in offshore Venezuela, over an area of 3,300 square kilometers. Preceded by earlier announced awards by PDVSA for seismic services offshore Venezuela, this contract calls for additional marine 3D seismic to be acquired in the Dragon Norte region. The new contract will backlog Scan’s vessel, the ‘SCAN Resolution’, into the third quarter of 2009. Scan Geophysical is an international seismic data acquisition company specialising in marine streamer seismic services.
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Bulgaria ports to build container terminals with Japanese loan
The contract for a loan in the amount of EUR 230 M for the construction of new container terminals was signed by Finance Minister Plamen Oresharski and representatives of the Japanese bank.
The Bulgarian Cabinet officially received Friday the loan in the amount of EUR 230 M from the Japanese Bank for International Development for the construction of new container terminals at the ports of Varna and Bourgas. The contract was signed by the Bulgarian Finance Minister Plamen Oresharski and representatives of the Japanese bank. The loan has a 25-year term and a 7-year grace period. This is the last international development loan to be received by Bulgaria. According to the Bulgarian Transport Minister Petar Mutafchiev, the container terminals have a completion deadline of 2014 and will process 6 times more loads than the current capacity. In the mean time, data shows that the container loads have increased by 40% compared with the last year. The Varna terminal will have to process in 2008 a total of 158,000 containers compared with 100,000 in 2007, according to the port's Director Dimitar Papazov. Papazov further said that the equipment of the "Varna-West" port was obsolete and did not provide enough capacity for the processing of all arriving containers, adding that about 1,200 heavy trucks pass through the port daily - a huge number as well.
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The Bulgarian Cabinet officially received Friday the loan in the amount of EUR 230 M from the Japanese Bank for International Development for the construction of new container terminals at the ports of Varna and Bourgas. The contract was signed by the Bulgarian Finance Minister Plamen Oresharski and representatives of the Japanese bank. The loan has a 25-year term and a 7-year grace period. This is the last international development loan to be received by Bulgaria. According to the Bulgarian Transport Minister Petar Mutafchiev, the container terminals have a completion deadline of 2014 and will process 6 times more loads than the current capacity. In the mean time, data shows that the container loads have increased by 40% compared with the last year. The Varna terminal will have to process in 2008 a total of 158,000 containers compared with 100,000 in 2007, according to the port's Director Dimitar Papazov. Papazov further said that the equipment of the "Varna-West" port was obsolete and did not provide enough capacity for the processing of all arriving containers, adding that about 1,200 heavy trucks pass through the port daily - a huge number as well.
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Patrol Coastal Ships Returned to U.S. Naval Service
Patrol coastal ships USS Tempest (PC 2) and USS Monsoon (PC 4) was returned to the U.S. Navy from the U.S. Coast Guard during a ceremony held at Naval Amphibious Base Little Creek.
Tempest has been on loan to the Coast Guard since December 2005, and Monsoon was on loan since October 2004. Both ships were transferred back to naval control during a ceremony that exemplified the interoperability of the two services. During the time with the Coast Guard, both ships traveled more than 160,000 nautical miles and spent more than 700 days underway in support of counter drug, illegal alien migration interdiction and coastal security. These operations resulted in the successful seizure of 1,700 pounds of cocaine and the interdiction of more than 500 illegal immigrants. The two ships will be utilized by the Navy as training platforms to get crews ready for operating PCs overseas in support of Maritime Security Operations. Currently, there are several PCs forward deployed to the Middle East operating in infrastructure protection missions.
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Tempest has been on loan to the Coast Guard since December 2005, and Monsoon was on loan since October 2004. Both ships were transferred back to naval control during a ceremony that exemplified the interoperability of the two services. During the time with the Coast Guard, both ships traveled more than 160,000 nautical miles and spent more than 700 days underway in support of counter drug, illegal alien migration interdiction and coastal security. These operations resulted in the successful seizure of 1,700 pounds of cocaine and the interdiction of more than 500 illegal immigrants. The two ships will be utilized by the Navy as training platforms to get crews ready for operating PCs overseas in support of Maritime Security Operations. Currently, there are several PCs forward deployed to the Middle East operating in infrastructure protection missions.
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Ellicott Dredgers celebrates new factory opening
Ellicott Dredges, USA, has recently celebrated the opening of a new factory.
Last month, the Baltimore-based company opened an expansion to its new factory in Wisconsin. In just four months Ellicott doubled the size of its new Wisconsin factory to 85,000 square feet (10,000 square metres). The addition has a crane capacity of 40 tonnes and clearance under roof of 29 feet (8.8 metres), sufficient to build under roof and completely inside dredges up to 2983kW. This is the most modern cutter dredge manufacturing facility in the world and the largest in North America. The additional space is already filled up with dredges under construction for stock and for clients. Ellicott has already used the plant's new training facilities for several foreign delegations, including from Iraq and Korea. In addition to the new facilities, Ellicott also launched the first of four Series 4170 "Super-Dragon" dredges for a Middle Eastern client. This dredge, named 'Embarka 2', will be used to build man-made islands in the Persian Gulf off Abu Dhabi.
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Last month, the Baltimore-based company opened an expansion to its new factory in Wisconsin. In just four months Ellicott doubled the size of its new Wisconsin factory to 85,000 square feet (10,000 square metres). The addition has a crane capacity of 40 tonnes and clearance under roof of 29 feet (8.8 metres), sufficient to build under roof and completely inside dredges up to 2983kW. This is the most modern cutter dredge manufacturing facility in the world and the largest in North America. The additional space is already filled up with dredges under construction for stock and for clients. Ellicott has already used the plant's new training facilities for several foreign delegations, including from Iraq and Korea. In addition to the new facilities, Ellicott also launched the first of four Series 4170 "Super-Dragon" dredges for a Middle Eastern client. This dredge, named 'Embarka 2', will be used to build man-made islands in the Persian Gulf off Abu Dhabi.
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