Seaport Real Estate Continues to Outperform Overall Industrial Market
Jones Lang LaSalle’s third annual Port, Airport and Global Infrastructure (PAGI) report published today, reveals that even amid economic volatility, real estate…
BAE Systems Hawaii Awarded $7.8m
BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a $7,842,302 modification to previously awarded contract (N00024-06-C-4408) for the USS Paul Hamilton (DDG 60) repair availability.
HII: Funding for DDG 1000 Modified
Huntington Ingalls Industries, Pascagoula, Miss., is being awarded a $10,999,993 modification to previously awarded contract (N00024-06-C-2304) for research, development…
Kings Bay Sub Base Contract Awarded
Kings Bay Support Services, L.L.C., Baton Rouge, La., is being awarded a $35,188,366 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for base…
EMAS Wins Chevron Contract
EMAS' Offshore Construction division, EMAS AMC, was awarded a contract by Chevron Thailand Exploration and Production Ltd, Chevron Offshore (Thailand) Ltd and Chevron Pattani Ltd.
Serimax Awarded Welding Contract for Gas Sul North Capixaba (GSNC) project
Serimax, a 100% subsidiary of Vallourec, has been awarded the welding contract for the Gas Sul North Capixaba (GSNC) project by Subsea 7 in Brazil. Serimax will…
L27/38 Power for Spanish Tugs
Spanish builder Astilleros Armón recently delivered one tug boat powered by two MAN 7L27/38 four-stroke engines and is close to delivering another powered by two similar 9L27/38 engines.
International Tug Group Chooses L27/38 Power
Spanish builder Astilleros Armón recently delivered one tug boat powered by two MAN 7L27/38 four-stroke engines and is close to delivering another powered by two similar 9L27/38 engines.
Statoil: N. Sea Discovery Larger than Expected
Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the ten largest oil finds ever on the Norwegian continental shelf (NCS). Statoil (OSE: STL…
AKD: Chapter 11 Protection is Not Enforceable in The Netherlands
Netherlands law firm AKD says that, while beleaguered shipowners may be looking increasingly to Chapter 11 filings in the United States to protect their financial interests…
Dyneema: Making Light Work of Ultra-Deep Sea Recovery Operation
A salvage operation on a ship wreck 3200 meters below the surface of the South Atlantic has been successfully carried out thanks to the use of lightweight ropes made with Dyneema ultra-high molecular weight polyethylene fiber. Dyneema fiber, the world’s strongest fiber, is manufactured by DSM Dyneema. It is used by Hampidjan, one of the largest fishing gear and “super rope” manufacturers in the world…
TWMA Wins Waste Management Contract Offshore W. Africa
Environmental waste management contractor TWMA has won its first offshore service contract in West Africa, signifying its intention to expand its business in this important region. The contract was awarded by AGR Petroleum Services and is worth around $1.6m over six months. It covers supply, installation and operation of an integrated drilling waste management solution. TWMA will provide a range of…
Rickmers Linie extends its executive board
Rickmers-Linie, part of Hamburg’s Rickmers Group, has extended its executive board. Rüdiger Gerhardt has been appointed Managing Director and Ulrich Ulrichs becomes Deputy Managing Director. Mr Gerhardt has been working for Rickmers since 1978. Previous to his new position, he was Director for Human Resources, Administration and Finance. His new role will also include leading the business division “Logistics Services“ at Rickmers Group.
HATLAPA Detbuts New Maintenance Plan
In order to decrease the worry of the equipment breaking down at sea and thus incurring unplanned repair costs, HATLAPA is offering a new maintenance plan and health check for its products.
USDOT’s Maritime Administration Announces $9.98 Million in Grants to Small Shipyards
U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards throughout the United States to help modernize facilities…
Wood Jr. Appointed Chairman at American Superconductor
American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced the appointment of John W. Wood Jr. as chairman of the Board, effective August 16.
Conrad Announces Second Quarter 2011 Results
Morgan City, Louisiana (August 15, 2011) - Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its second quarter and six months 2011 financial results.
National Security Cutter Stratton Completes Trials
The U.S. Coast Guard announced Monday that its third National Security Cutter, Stratton, successfully completed several days of rigorous acceptance trials Friday to ensure the cutter meets its contractual requirements and is ready for delivery to the Coast Guard. Stratton’s acceptance trials were conducted in Pascagoula, Miss., and at sea in the Gulf of Mexico by the Coast Guard and the U.S. Navy’s Board of Inspection and Survey.
Great Lakes Iron Ore Trade Up 18 Percent in July
Iron ore shipments on the Great Lakes totaled 7,046,156 tons in July, an increase of 12.2 percent over June, and an increase of 18 percent compared to a year ago. July loadings also were up 12-plus percent compared to the month’s 5-year average. Shipments from U.S. ports totaled 6.3 million tons, an increase of nearly 21 percent compared to a year ago. However, loadings at Canadian ports were virtually unchanged – 746,887 tons.
