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First Year

ACL Announces Three Year Agreement for Employees and Teamsters Local 89

American Commercial Lines Inc. announced that the company has secured a three year agreement for its shipyard employees with the General Drivers, Warehousemen & Helpers (Teamsters), Local Union No. 89. The three year agreement, which was ratified by over 95% of the voters, provides for first year wage increases ranging from 5% to 18% for various job positions resulting in an overall average wage increase of approximately 11%.


O'Gara Wins Navy Satellite Deal

SatCom Group Holdings PLC, a reseller of mobile satellite communications, said its subsidiary O'Gara Satellite Systems Inc has won a 5-year contract, worth 10m in the first year, from the US government to supply satellite airtime to the US Navy. O'Gara, which is one of the five companies in the world certified as a Defense Information Technology Contracting Organization (DITCO) awardee, won the contract following a tender


Star Bulk Announces Charter

Star Bulk Carriers Corp. announced it has agreed to a further three-year time charter for its capesize vessel Star Sigma. The three-year charter will commence in April 2009 when the current one-year time charter at a gross daily rate of USD 100,000 will expire. The three-year charter has gross daily charter average rate of $63,000 staggered as follows: USD 69,000 for the first year (April 2009-April 2010), USD 63,000 for the second year (April 2010-April 2011) and USD 57


Star Bulk Announces Charter

Star Bulk Carriers Corp. announced it has agreed to a further three-year time charter for its Supramax vessel Star Gamma. The new three-year time charter to Korea Line will commence in February 2009 when the current one-year time charter to TMT, at a gross daily rate of USD 28,500, will expire. The new three-year charter with Korea Line has a gross daily average rate of $38,000 staggered as follows: USD 45,000 for the first year (February 2009-February 2010), USD 38


Northrop Grumman Awarded $58.4M Navy Contract

The U.S. Navy has awarded Northrop Grumman Corporation a $58.4m contract to continue life cycle engineering and technical services in support of the Navy's fleet of USS Ticonderoga (CG 47) class Aegis guided missile cruisers. The company's Ship Systems sector will perform the work in Pascagoula, and provide waterfront support in various U.S. Navy ports. This is projected to be a five-year program. The contract award is for the first year; four one-year options are to follow


Lockheed Martin Wins $17.4M Contract

Lockheed Martin Corp. won a $17.4 million contract from the Navy to support a program that oversees all technical products for submarine combat systems. Under the contract, Lockheed Martin of Bethesda, Md., will handle systems engineering, testing, integration and maintenance for Navy submarine combat systems, as well as new Virginia Class submarines. The contract, which is funded for the first year, includes options for up to 10 years


Panama Canal Practices Emergency Oil Spill Techniques

Oil spill emergency response teams gathered at the Panama Canal to attend the sixth International Mobilization, Preparedness & Response Exercise, held Dec. 4-6. During the event, the Panama Canal Authority (ACP) worked with various non-profits to test its emergency response system in affiliation with local and international organizations. MOBEX’s goal is to evaluate the Canal’s response mechanism for large oil spill accidents and measure the ACP’s ability to alleviate the


Marathon Ashland Petroleum Garners USCG Award

Marathon Ashland Petroleum LLC’s (MAP) Marine Transportation group has received the U.S. Coast Guard’s prestigious William M. Benkert Award for Environmental Excellence. Accepting the silver award on behalf of MAP Marine Transportation was Bruce Tilton, manager, Marine Transportation. “This is indeed an honor, and we are truly thrilled to receive this award, says Tilton. “Because this is the U.S. Coast Guard’s premier national award, recognizing marine environmental excellence


Odfjell, Ceres To Merge Chem Tanker Fleets

Norway's Odfjell ASA and Greece's Ceres Hellenic Shipping will merge their chemical transport assets to create the world's largest fleet of clean tanker tonnage. The transaction, a combined $360 million investment, will create a combined fleet of 92 ships, of which 49 would be wholly or partly owned, company officials said. Odfjell will issue 4.9 million shares to Ceres, worth about $121 million, in exchange for nine chemical tankers totaling 335,000 dwt and four ships totaling 160


Exhaust Manifold Catalyst System Completes Trial on Tug

New V-CAT Manifold_092711-01.jpg

New Exhaust Manifold V-CATTM Catalyst System from MIRATECH Successfully Completes One Year Trial on Harbor Tug.   MIRATECH Corporation announces a successful first year demonstration of its new, patented V-CATTM Integrated Diesel Oxidation Catalyst System on a vessel powered by two EMD 12-645 roots blown diesel engines in service in California. MIRATECH Corporation, in partnership with Foss Maritime Company, has now successfully completed the first year of a three-year program to


Fortis Acquisition of UNS Energy Approved

H. Stanley Marshall is Chief Executive Officer

  Fortis Inc. and UNS Energy Corporation announced today the issuance of the final written approval by the Arizona Corporation Commission of the Corporation's agreement to acquire UNS Energy. As a result, all conditions precedent to completing the Acquisition have been fulfilled other than


Hanjin Makes Maiden Call to Boston

Hanjin Milano made its maiden call at Conley Terminal Friday (Photo: Massport)

The containership Hanjin Milano made its maiden call at Conley Terminal Friday, the Massachusetts Port Authority (Massport) announced. This is the first time that Hanjin Shipping has called the Port of Boston directly, opening a new channel of economic impact for the region.


Three SRSVs for RederijGroen

7-Oceans (Photo: Damen)

MaaskantShipyards Stellendam delivers custom-built offshore chasers The delivery of the 7-Oceans to offshore services company RederijGroen (Scheveningen, the Netherlands) marks a new milestone in Offshore Support Vessel construction. The vessels have been designed in close cooperation with both


Global Entities Convene for Maritime Career Day

Maritime Careers Day - Flyer

The Malta Maritime Careers Day will see the participation of three eminent international entities in its first year of staging. These will be ICOMIA - the International Council of Marine Industry Associations, SNAME - The Society of Naval Architects and Marine Engineers - based in Virginia, U.S


Better Coolant Recycling a Big Saving for Caterpillar

  The coolant collecting and recycling system is projected to save Caterpillar Undercarriage Xuzhou Ltd. (CUXL) nearly 600L of coolant each year and reduce hazardous waste disposal by 20 tonnes annually. What’s more, the facility could save more than $11,000 in the first year alone


U.S. Navy Surgeon General Visits the Peace Ark

Peace-ark

  The U.S. Navy Surgeon General and Chief of the Navy Bureau of Medicine and Surgery, Vice Adm. Matthew Nathan, embarked the People's Republic of China medical ship Peace Ark (T-AH 866) for a tour, while it is in port for the Rim of the Pacific (RIMPAC) Exercise 2014 in Pearl Harbor July 2


Narottam Morarjee Institute of Shipping's Premises Get a Facelift

Inauguration of Renovated HQ of NMIS

  Narottam Morarjee Institute of Shipping (NMIS) held a simple ceremony yesterday to celebrate the upgradation of its premises in Mumbai and for having updated the study material in line with the latest developments. Set up in 1969 under the joint auspices of the Ministry of Shipping


DNV GL Celebrates Twin Milestones

Celebrating in 150 Years of DNV GL Hamburg: Michael Behrendt (v. l.), Chairman of the Executive Board of Hapag Lloyd AG, Olaf Scholz, First Mayor of the Free and Hanseatic City of Hamburg, and Henrik O. Madsen, President and CEO of the DNV GL Group. (Photo courtesy of DNV GL)

Some 650 dignitaries, customers and industry stakeholders joined DNV GL, ship classification society and risk and sustainability service provider, for a night in Hamburg. Held at the Fischauktionshalle Halle, the event celebrated the 150th anniversary of the foundation of Det Norske Veritas and


DNV GL Celebrate Twin Anniversaries in Hamburg, Germany

Hamburg celebration: Photo DNV GL

Held at the historic Fischauktionshalle Halle, in Hamburg, Germany, DNV GL says that the event celebrated the 150th anniversary of the foundation of Det Norske Veritas (DNV) and the first year of operation of the newly formed DNV GL Group.


Dutch Survey Vessel Joins Search for MH370

Fugro Equator (IMage courtesy of Fugro)

Dutch engineers this week started a months-long survey to map unchartered deep-sea terrain at the bottom of the Indian Ocean, the next step in the search for the wreck of Malaysian Airlines flight MH370, a company official told Reuters. A survey ship from Dutch engineering company Fugro


Metalcraft Marine Delivers for the Port of Houston

Photo: MetalCraft Marine

Houston’s New FiFi Fleet The Port of Houston Authority’s firefighting team recently received the third and last in series of high-performance emergency response vessels, a fleet of new vessels designed to keep one of the country’s busiest and strategically important waterways


Norway's PM at DNV GL 'Double Milestone' Dinner

Erna Solberg & Henrik O. Madsen at DNV GL party Oslo: Photo DNV GL

To mark the 150th anniversary of the Foundation Det Norske Veritas (DNV) and the one year anniversary of its merger with Germanischer Lloyd (GL), DNV GL says events attended by dignitaries, government officials and customers have been held in Oslo.


DNV GL Celebrating A Double Milestone

This year marks 150 years of proud past for the   Foundation Det Norske Veritas and that in itself is worth celebrating. The fact that 2014 also is   year one of the newly merged DNV GL Group gives us an even better ability to deliver on our vision   of having a Global Impact for a Safe and Sustainable Future,” says Henrik O. Madsen, President & CEO   of the DNV GL Group.

DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, is celebrating a double milestone: The Foundation DNV’s 150th anniversary and DNV GL’s first year as a merged company.


Spain's King Awards SENER Founder

Photo: SENER

Enrique de Sendagorta Aramburu, Honorary President and founder of the engineering and technology group SENER and President of the SENER Foundation, was presented with the Kingdom of Spain Entrepreneurial Career Award by King Juan Carlos I on Wednesday, June 4


Bunkering To Commence At Magampura Mahinda Rajapaksa Port

Sri Lanka Ports Authority (SLPA) Chairman Dr. Priyath Bandu Wickrama

  Fuel bunkering under the Magampura Mahinda Rajapaksa Port will commence operations by June 15, Sri Lanka Ports Authority (SLPA) Chairman Priyath Bandu Wickrama said.   "Bunkering operations will start by June 15 at the newly built fuel bunkering terminal at Magampura






 
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