USCG Releases Great Lakes Ballast Water Management Report
The US Coast Guard released the Great Lakes ballast water management report. The report, compiled by the Great Lakes Ballast Water Working Group (BWWG), summarizes…
Wärtsilä to Centralize Warehousing and Logistics of Spare Parts
Wärtsilä is centralizing the spare parts logistics and by building a new spare parts distribution centre in the . A large and modern central warehouse is planned…
Chemoil Opens New Office in Greece
Chemoil has officially opened its sales and marketing office in . Based in , the office will be headed by Costas Karanikolaou. The company’s presence in will provide…
Safe Bulkers Announces Listing on NYSE
Safe Bulkers, Inc. announced that its public offering of 10,000,000 shares of common stock was priced at $19.00 per share. As of today, the company’s common stock…
Second Phase of Dry Excavation Work on Track
In the first two months of execution, the second dry excavation contract for the Pacific Access Channel (PAC 2) removed 263,246 cubic meters of material. The Mexican-Panamanian consortium Cilsa Panama-Minera Maria started the excavation work March 21 and by April 30, registered 3.2 percent progress.
STX Wins Shipbuilding Order
STX Shipbuilding won a $247.3m order from Europe to build two very large ore carriers, according to a Reuters report, with delivery scheduled for 2012.
Construction Commences on U.S. Shuttle Tanker
This double hulled, environmentally friendly tanker, which will be fitted with additional equipment to increase maneuverability, can receive oil from Floating Production…
Tanker Rates Surge
The rate for Suexmax vessels has jumped by 53% from $52,866 to $81,073 and that of Aframax vessels by 40% from $31,060 to $43,528 during the period. To capitalise on high freight rates…
This Day in Naval History - May 29
1781 - Frigate Alliance captures HMS Atalanta and Trepassy off Nova Scotia. 1991 - Amphibious Task Force in Bangladesh for cyclone relief redeployed. For more information about naval history…
MarAd: Availability of Coastwise-Qualified Barges
The Maritime Administration (MARAD) issued interim regulations to establish a procedure governing administrative determinations of availability of coastwise-qualified…
Contract Signed to Build 5 Workboats
The Jan De Nul Group in Belgium has signed contracts with Tianjin Xinhe Shipbuilding Heavy Industry Co Ltd in Tianjin, China, for the construction of five workboats…
STX Shipbuilding to Expand
Bloomberg reported that STX Shipbuilding Co is planning to raise capacity at its South Korean yards by 20% in 2008 after adding a second floating dock to meet demand for new vessels.
U.K. Nuclear Sub Hits a Rock
A Royal Navy nuclear-powered submarine on a training mission in the Red Sea was damaged when it hit a submerged rock on Monday, the Ministry of Defence said according…
Petrobras Hits in Deepwater GOM
Petrobras announced the discovery of oil and gas in ultra-deep waters in the Central Gulf of Mexico, in the U.S., via its Petrobras America Inc. subsidiary, based in Houston, Texas.
Dove, Larsen Look to Syrian Waters
Dove Energy and its partner Larsen Oil and Gas are repotedly negotiating with the Syrian Petroleum Company and the Ministry of Petroleum and Mineral Resources for…
Sea Perch Attracts Kids to Fleet Week
The Office of Naval Research partnered with the Naval Surface Warfare Center, to introduce underwater robotics to children at Staten Island's Stapleton Pier during Fleet Week New York 2008, May 21-28. Before and after touring three ships moored at Stapleton Pier – USS Monterey (CG 61), USS Nitze (DDG 94) and USS The Sullivans (DDG 68) – children and adults alike flocked to the booth of the Sea Perch project for a chance to play with miniature remote-controlled submersibles.
QinetiQ Wins Norway Sub Deal
QinetiQ won a £3.8m contract from Kongsberg Defence & Aerospace following success in winning the Prime Contract from the Norwegian Defence Procurement Division, valued at almost £18m. The Prime Contract is to deliver an integrated Combat System Infrastructure, a new passive sonar system and an upgraded tactical simulator for Norway's six ULA Class submarines. QinetiQ will provide its DeRSCI open architecture…
Help Wanted: U.S. Maritime Industry
There are plenty of job openings in the American maritime industry for qualified people, according to a survey issued by the U.S. Department of Transportation’s Maritime Administration.
DNV on OSV Tear in Middle East
"The high oil price has created a boom market for offshore support vessels and we expect the oil market will remain high for the foreseeable future,” said Eivind Grostad, DNV’s Senior Vice President & Regional Manager for DNV Maritime. According to the classification society, DNV Maritime has captured 50% of the Middle East and Indian market in classification of new vessels on order or being built. This figure represents 39% of the total tonnage of vessels currently operating in the region.
Alion $10.2m Contract to Support Seabasing
The Office of Naval Research has awarded Alion Science and Technology a $10.2 million task order to develop and deliver a detailed design package for the Sea Base…