NOVEMBER 18, 2018 – Derecktor Shipyards has been selected by the St. Lucie Board of County Commissioners to create and operate a purpose-built megayacht repair and refit yard in Fort Pierce, FL. It will be the first of its kind in the United States.

Derecktor was selected following an extensive competition including RFQ (Request for Qualifications) submissions, two bidder interview sessions and numerous public meetings.

"We are excited to be chosen by the County to create something special in Fort Pierce" said Paul Derecktor, President

NOVEMBER 16, 2018 — ABS and South Korean shipbuilder Hyundai Heavy Industries (HHI) have collaborated to develop cyber security requirements for the ABS Cyber Security-Ready (CS-Ready) Notation for marine assets.

ABS has issued HHI the first-of-its-kind CS-Ready Notation to a large-scale commercial vessel—a VLCC—delivered in November.

"As a global leader in marine cyber security, ABS is pleased to work with HHI to ensure the next generation of vessels is better equipped to address increasing levels of cyber risk," said John Jorgensen, ABS Chief Scientist, Cyber

NOVEMBER 16, 2018 — ABS and South Korean shipbuilder Hyundai Heavy Industries (HHI) have collaborated to develop cyber security requirements for the ABS Cyber Security-Ready (CS-Ready) Notation for marine assets.

ABS has issued HHI the first-of-its-kind CS-Ready Notation to a large-scale commercial vessel—a VLCC—delivered in November.

"As a global leader in marine cyber security, ABS is pleased to work with HHI to ensure the next generation of vessels is better equipped to address increasing levels of cyber risk," said John Jorgensen, ABS Chief Scientist, Cyber

NOVEMBER 16, 2018 — Rear Admiral (USN-Ret.) Phil Greene Jr. has announced his retirement from TOTE Services effective January 4, 2019. Culminating a maritime career spanning more than 40 years between his Navy, government and private sector careers, Greene has served as President of TOTE Services since 2013, overseeing some of the most successful and challenging years in the company's 43 year history.

"Phil has been a strong and humble leader for the TOTE Services team. During his time, he has built an exceptional team

NOVEMBER 16, 2018 — Maritime New Zealand reports that the skipper of one of Wellington's East by West ferries, Iain David Wilson, has been fined NZ$1,688 (about US$1,160) after speeding and grounding the passenger ferry, City Cat .

Maritime NZ Central Region Compliance Manager, Michael-Paul Abbott, said Wilson was the skipper of the City Cat at the time the ferry grounded at 17 knots, in a 5 knot area (31 km/h in a 9 km/h area), on a rock at Karaka Bay on April 16,

NOVEMBER 16, 2018 — Maritime New Zealand reports that the skipper of one of Wellington's East by West ferries, Iain David Wilson, has been fined NZ$1,688 (about US$1,160) after speeding and grounding the passenger ferry, City Cat .

Maritime NZ Central Region Compliance Manager, Michael-Paul Abbott, said Wilson was the skipper of the City Cat at the time the ferry grounded at 17 knots, in a 5 knot area (31 km/h in a 9 km/h area), on a rock at Karaka Bay on April 16,

NOVEMBER 16, 2018 — BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage and financial technology company, reports that it has completed the acquisition of Poten & Partners Group, Inc., a leading ship brokerage, consulting and business intelligence firm specializing in LNG, tanker and LPG markets. Founded over 80 years ago and with 170 employees worldwide, Poten provides its clients with insights into the international oil, gas and shipping markets.

Under the terms of the agreement, BGC acquired 100% of Poten, which includes operations in

NOVEMBER 16, 2018 — ABB has won its first marine automation system contract for a cruise ferry in China, with addition of of the ABB Ability System 800xA to the technology package for the LNG fueled Viking Line vessel under construction at Xiamen Shipbuilding . 

ABB Ability System 800xA integrates power, propulsion and vessel management systems into one platform, enabling both crew and onshore teams to get a comprehensive overview of all the information needed to operate the vessel in the safest and most efficient

NOVEMBER 16, 2018 — Rolls-Royce Corp., Indianapolis, IN, has been awarded a $40,890,720 modification to a previously awarded contract for the procurement of 20 production MT7 marine turbine engines for Landing Craft, Air Cushion (LCAC) 100 class craft 109 through 113.

This procurement is in support of the Ship-to-Shore Connector program.

Each LCAC 100 craft incorporates four MT7 engines. Work to be performed includes production of the MT7 engines and delivery to Textron Marine Systems for the assembly of the LCAC 100 class craft.

Work