October 20, 2014 5:10 AM ET
ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles (ASVs) could reduce the costs of offshore wind farm support.
The project will look
October 20, 2014 5:04 AM ET
Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.4 billion Caval Ridge Mine, which has created around 500 jobs in Queensland.
October 20, 2014 4:50 AM ET
India will float a company to develop Iran's Chabahar Port, a government statement said on Saturday, as New Delhi aims to take advantage of a thaw in Tehran's relations with world powers.
The port of Chabahar in southeast Iran is central to India's
October 20, 2014 4:41 AM ET
Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT) today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.
October 20, 2014 4:21 AM ET
Keppel Logistics Pte Ltd, a wholly owned subsidiary of Keppel Telecommunications & Transportation Ltd (Keppel T&T), has expanded its logistics capabilities down under with Keppel Logistics (Australia) Pty Ltd. The wholly-owned subsidiary of Keppel Logistics will manage a 10,
October 20, 2014 4:16 AM ET
Foss Maritime's ocean-going tug, the Barbara Foss, is towing the Russian cargo vessel, Simushir, which lost power late Thursday night off the west coast of Haida Gwaii.
The Barbara Foss is currently traveling at 5.5 knots and is expected to arrive at the Port of Prince Rupert,
October 20, 2014 4:14 AM ET
Northrop Grumman Corporation is expanding its support for science, technology, engineering and math (STEM) education across the globe by sponsoring the Maritime RobotX Challenge in Singapore, Oct. 20-26. Bringing together 15 teams of university students from five countries (United States,
October 20, 2014 4:07 AM ET
The Coast Guard is searching for a missing boater 50-miles south of St. Marks, Florida, Sunday.
Missing is George Taylor, 60, from Tallahassee, Florida, who was reportedly sailing his 27-foot Catalina sailboat from St. Marks to Carrabelle Florida.
October 20, 2014 3:57 AM ET
Austal launched yesterday its fifth in-series Cape Class Patrol Boat (CCPB) at the Company’s Australian Defence Facility in Henderson, Western Australia.
Cape Jervis is the fifth of eight 58-metre patrol boats that are being delivered to the
October 19, 2014 7:07 AM ET
A "limited fire" broke out on a subsidiary oil pipeline in eastern Saudi Arabia on Saturday after assailants fired shots at a security patrol, the state news agency SPA said.
An industry source told Reuters there was no impact on oil operations in the world's top crude exporter.
October 19, 2014 6:43 AM ET
Venezuela's 2015 budget will be based on a target oil price of $60 dollars per barrel, President Nicolas Maduro said on Friday night, but he repeated expectations that prices will recover.
Venezuela routinely underestimates oil prices when planning
October 19, 2014 6:34 AM ET
The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some relief to cargo owners as the supply chain works to eliminate cargo delivery delays.
Starting tomorrow, Saturday, Oct.
October 19, 2014 6:29 AM ET
The U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20) departed Batumi, Georgia, Oct. 18 after completing a successful port visit.
While in Batumi, Sailors had the opportunity to participate in community relation projects, provide tours of Mount Whitney,
October 19, 2014 6:24 AM ET
A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez Canal Authorities in connection with the expansion of the Suez Canal, which provides a vital shipping link between Europe and Asia.
October 19, 2014 6:10 AM ET
Power was knocked out to 80 percent of Bermuda's electricity grid due to Hurricane Gonzalo, the island's only power company, Bermuda Electric Light Co., said on Friday evening.
The company reported that about 29,000 customers were without electricity, out of 36,000 metered connections.
October 19, 2014 5:57 AM ET
A day before President Barack Obama addressed the United Nations to declare the nation is "stepping up to the plate" to tackle climate change, nearly 400,000 protesters jammed New York City streets in a climate change march. Many held signs calling for an end to fracking.
October 19, 2014 5:36 AM ET
The crew of USS Constitution embarked on their final Boston Harbor underway demonstration aboard Old Ironsides this year, Oct. 17.
Constitution set out into the harbor for her fifth and final underway of 2014 at 10 a.m. with more than 600 guests in attendance aboard America's 'Ship of State.
October 19, 2014 5:30 AM ET
The world’s first LNG hybrid barge of Becker Marine Systems was christened with the name "Hummel" on October 18, 2014, at Grasbrook Quay in HafenCity Hamburg. The godmother of the inaugural event for the floating LNG power plant for environmentally friendly energy supply of cruise ships was Dr.
October 19, 2014 5:22 AM ET
Danish Maritime Days was well visited, and there were many participants and great enthusiasm at the more than 50 events. Attendance at the many events tells that the maritime days were successful.
Maritime VIPs at workshop in Nordhavnen
October 18, 2014 6:35 AM ET
Yara International ASA and CF Industries have terminated their discussions regarding a potential merger of equals transaction.
"This has been a constructive process, with solid work by both parties. We were able to identify significant structural and operational synergies,