• 2024 October 28 11:42

    Fincantieri, Vard and Sandock Austral Shipyards form three-way alliance

    A tripartite alliance between Fincantieri, Vard Marine (VARD), and Sandock Austral Shipyards is poised to reshape the landscape of African maritime security, according to VARD's release. This strategic collaboration centers around the Afrika Offshore Patrol Vessel (VARD 7 055), a testament to the alliance's commitment to empowering Africa's maritime security agencies.

    The VARD 7 055, a 53-meter patrol vessel based upon proven in-service vessels yet tailored specifically for the African operating environment, is a symbol of self-reliance and innovation. Built in Africa, for Africa, by Africa, this vessel seamlessly blends world-class technology with cost-effectiveness, offering a potent solution to address the continent's diverse maritime challenges.

    This landmark initiative bestows exclusive marketing and manufacturing rights for the VARD 7 055 upon Sandock Austral Shipyards across sub-Saharan Africa, backed by both the global reputation of Fincantieri and VARD. This strategic positioning will not only generate substantial employment opportunities but also stimulate the development of a robust maritime supply chain in South Africa. The alliance's focus on skills and technology transfer will further enrich the local workforce, contributing to the nation's economic growth.

    The VARD 7 055 itself is a testament to cutting-edge engineering, purpose-built to address the multifaceted challenges facing African navies, coast guards and law enforcement agencies. Its adaptability, robust seakeeping capabilities, and fuel efficiency make it an ideal platform for a wide array of missions, from maritime security and fisheries enforcement to search and rescue and counter-piracy operations. The vessel's affordability and ease of maintenance, coupled with local support capabilities, ensure its sustainability and longevity. These are all attributes that contemporary VARD OPV designs are known for.

    This tripartite alliance signifies a paradigm shift in Africa's approach to maritime security. It underscores the continent's determination to harness its own resources and capabilities, fortified by international collaboration, to navigate towards a safer and more prosperous future. As we approach the Africa Aerospace and Defense Conference and Exhibition 2024, this alliance stands as a beacon of progress, poised to usher in a new era of African maritime prowess.

    Fincantieri is one of the world’s largest shipbuilding groups, renowned for its expertise in naval vessel construction.

    Vard Marine is a leading naval architecture and marine engineering company, specializing in innovative vessel designs and a global reference player in OPV design.

    Sandock Austral Shipyards is the largest shipyard in Southern Africa, offering a competitive, low-cost manufacturing base.




2024 October 28

14:45 China’s first deep-sea multi-functional scientific research and archaeological vessel completes sea trials
14:24 OMS Group invests in cable-laying vessels to help meet growing global telecommunication demand
13:13 China Classification Society issues AIP Certificate for new ship types of CSSC Huangpu Wenchong Shipbuilding
12:43 Wärtsilä Lifecycle Agreement will optimise performance and reliability of seven Capital Gas LNG carriers
12:12 Panama Canal presents financial results for FY24
11:42 Fincantieri, Vard and Sandock Austral Shipyards form three-way alliance
10:44 APM Terminals Maasvlakte II orders Automated Horizontal Transport System from Konecranes
09:55 PIL and SSES complete the inaugural LNG bunkering of PIL's first LNG-powered container vessel

2024 October 27

15:07 Austal USA kicks off construction of a new manufacturing facility for submarine modules
14:21 OOCL signs charter agreements with Seaspan for six new 13,000 TEU container vessels
13:44 Saipem rig commences second drilling campaign off Namibia after first one yielded oil discoveries
13:08 MSC: Port rotation change - USA to SAEC service
12:14 Strike action is set to resume at Canada’s largest container gateway, Montreal
10:28 SMP Kolkata suspends shipping and port operations amid threat of 'Cyclone Dana'

2024 October 26

15:18 Hapag-Lloyd raises its earnings outlook for the current financial year
13:04 Chinese wheel manufacturer Xingmin entering shipbuilding sector
11:01 Partners of the LA-LB-Shanghai Green Shipping Corridor release their first Annual Progress Report
09:57 Longship bids welcome to second ‘ultra-low’ emission diesel-electric cargo vessel

2024 October 25

18:00 Idemitsu and Mitsubishi Corporation agree to jointly study the operational efficiency of pure ammonia tankers and transshipment terminals
17:13 Singapore overtakes Rotterdam for first time to become world's largest biofuel bunkering port
16:52 The MEYER WERFT shipyard delivers its new cruise ship Disney Treasure to Disney Cruise Line
16:20 Wuchang Shipbuilding steel cut for LDA’s first wind-assisted RORO vessel
15:42 Shipping enters the fifth industrial revolution, says ABS Chairman and CEO
15:24 KONGSBERG revenue up 19 per cent in Q3 2024
14:50 The European Sea Ports Organisation releases its annual environmental report for 2024
14:13 Owners of containership Dali agree to pay more than $100 million to settle U.S. government civil lawsuit
13:45 Stena RoRo takes delivery of RoPax vessel Saint-Malo
13:25 MOL holds the naming ceremony of the new LNG vessel at Hanwha Ocean's Geoje Shipyard
12:49 Samsung Health Industries' profit more than doubled in Q3 2024
11:40 Vale and Petrobras sign agreement to supply products focused on decarbonization
11:20 Vopak Energy Park Antwerp starts market consultation for ammonia storage
10:30 DEME awarded inter-array cable and secondary steel contract for Oranjewind offshore wind farm
10:04 Van Oord’s cable-laying vessel Calypso makes its debut and is now fully operational
09:45 Indian Major Ports' cargo grows 6% in September 2024

2024 October 24

18:00 “K” LINE to trial Inmarsat Maritime's new bonded network service NexusWave on “K” LINE's fleet
17:40 CIMC SOE held a keel-laying ceremony for the 1450TEU container vessel
17:24 TwinShip project aims to improve access to reliable data for aiding in shipping decarbonisation
17:04 Grimaldi adds Patras call to its Trieste-Ambarli ro-ro line
16:42 Grain de Sail announces plans to build world's largest wind-powered container ship
16:24 COSCO SHIPPING Ports acquires stakes in two major terminals in Thailand's Laem Chabang port
16:03 MABUX: Bunker price trends in the world's four largest hubs, Oct 21-25, 2024
15:44 Cavotec signs EUR 6.5 mln shore power orders for Mediterranean ports
15:13 CIMC Pacific Offshore & Engineering delivers first and largest China's LNG B-type liquid cargo cabin
14:56 Panama Canal launches 2024-2025 flood control season
14:11 Hapag-Lloyd Cruises completes first 100% biofuel bunkering
13:41 Trafigura and Meroil S.A. create a joint venture company
13:23 China’s first 10,000-ton methanol dual-fuel bulk carrier sets sail
12:31 Ferguson shipyard shortlisted for new small ferries contract
12:21 GT Wings secures £225,000 grant from the Department for Transport
11:40 European Commission invests €4.8 bln of emissions trading revenues in innovative net-zero projects
11:10 China delivers world's largest Type B LNG fuel tank container ship
10:45 Dogus Holding is in talks to possibly transfer part of its stake in an Istanbul port and shopping mall company
10:24 GTT receives an order from Hudong-Zhonghua Shipbuilding for the tank design of an LNG bunkering vessel
09:45 Azores establishes largest marine protected area network in North Atlantic

2024 October 23

18:00 Energy Market Authority of Singapore grants conditional approval of 1.75 GW of electricity imports from Australia
17:36 Damen delivers first of three Combi Freighters 3850 to Reederei M. Lauterjung
17:23 Torvald Klaveness sells Klaveness Ship Management AS to OSM Thome
16:47 Port of Rotterdam throughput decreases by 0.4% to 328.6 million tonnes in Q3 2024
16:09 MOL signs long-term time charter contract for Singapore's 1st FSRU
15:30 Brunvoll to equip Maran Tankers new Suezmax shuttle tankers
15:00 IINO Kaiun Kaisha to build Japan's first large dual-fuel methanol crude oil tanker at Nihon Shipyard
14:45 Hamburg Port Authority and Port of Shanghai sign MoU on implementation of the Green Shipping Corridor
14:12 Sembcorp and PT PLN EPI sign joint development agreement for Southeast Asia's largest green hydrogen project
13:44 Fincantieri and Viking sign contracts for two cruise ships Agreement also for additional four ships in option
12:24 Wartsila and Qatar Shipyard Technology Solutions sign MoU
11:20 Brazil’s Port Itapoa expands its yard area and adds new equipment
10:40 Loading, unloading of goods in Imam Khomeini port up 10.5%
10:09 Cosco Shipping Energy Transportation consolidates chemical shipping assets
09:04 LR publishes recommended practices for floating offshore wind turbine support structures

2024 October 22

18:00 Seatrium secures S$100 million in repairs and upgrades projects