Livorsi Obtains License From Mercury Marine
Livorsi Marine Inc. has obtained a license from Mercury Marine which allows the company to combine Digital Throttle and Shift technology (DTS) with the options and quality of Livorsi controls. These controls provide precise control of a boat using Smartcraft ® DTS technology, which enables smooth and safe shifting. Direct drive of throttle position sensors results in faster response times. . These controls are designed to work on all Mercury I/O, OB and Cummins DTS engines.
OSX Raises $500 Million With Bond Issue
OSX raised $500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3.
U.S.-Flag Lakes Fleet Back to Work
Cleveland—The U.S.-flag Great Lakes fleet is returning to service to keep industrial America on the mend. The first vessel to get underway was the tug/barge unit DOROTHY ANN/PATHFINDER on March 5. The vessel will spend the month shuttling iron ore within Cleveland Harbor. Next to sail was the cement carrier SAMUEL DE CHAMPLAIN/INNOVATION. The tug/barge unit left its winter berth in Cleveland on March 7 and sailed to Alpena, Michigan, where it loaded cement to resupply silos in Chicago.
Stolt Valor in Middle East Gulf Casualty
Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited and operators and owners of MT Stolt Valor, has confirmed that the vessel suffered an explosion on board while transiting the Persian Gulf.
Wärtsilä Signs Service Agreement With Prestige Cruise Holdings
Wärtsilä has signed a five-year service agreement with U.S.-based Prestige Cruise Holdings Inc. (Prestige), the parent company of Oceania Cruises and Regent Seven Seas Cruises.
Sojitz Marine & Engineering Invests in Ecochlor
Ecochlor Inc. announced that it had recently completed a $4.1 million equity financing to support its growth into the burgeoning ballast water treatment market.
First Damen Fast Crew Supplier Built in Ecuador
For the first time, a Damen Fast Crew Supplier 1605 will be built in Ecuador by Astilleros Navales Ecuatorianos (ASTINAVE) Shipyard. Damen is supplying the complete, prefabricated Shipbuilding Material Package Kit to ASTINAVE. The yard’s technical staff are responsible for the construction, together with Damen Technical Cooperation (DTC). The DTC concept enables customers to build Damen vessels of their choice locally, according to specific requirements.
North P&I Club Update Guide to P&I Industry
The ‘A’ rated, 170 million GT North P&I club has published a second edition of its comprehensive introduction to the critically important topic of maritime liability…
Dura-Flux Flux-Cored Gun Eases Maintenance
Bernard has introduced its new Dura-Flux Gun with a replaceable power cable liner. This self-shielded flux-cored arc welding (FCAW-S) gun allows quick and easy power cable maintenance, and provides operators with 350 amps of welding capability at 60 percent duty cycle. The Dura-Flux Gun with replaceable liner features an advanced handle design, which helps reduce downtime associated with operator fatigue, and is available with an optional dual schedule switch.
IMO Reaffirms Commitment to Ferry Safety
IMO reaffirms its commitment to domestic ferry safety after Bangladesh disaster. IMO Secretary-General Koji Sekimizu has offered his condolences and sympathies to the families of all those who lost their life aboard the passenger ferry Shariatpur-1, which sank yesterday (13 March 2012) after being hit by a small cargo ship in the Meghna River, south-west of the Bangladeshi capital, Dhaka. Speaking to the Organization’s Sub-Committee on Radiocommunications and Search and Rescue (COMSAR)…
Dubai Maritime City Showcases Capabilities
Dubai Maritime City (DMC), the maritime hub in the Middle East, is showcasing repair and maintenance capabilities at the Dubai International Boat Show March 13-17…
IHC Merwede to Showcase Solutions at OTC Houston 2012
IHC Merwede will exhibit a broad range of its innovative vessels, advanced equipment and lifecycle support activities at stand number 2625 at the forthcoming Offshore Technology Conference (OTC) 2012…
MOL Appoints Agents in Romania and Ukraine
Mitsui O.S.K. Lines (MOL), one of the world's largest global multimodal transportation companies, announced the appointment of a new shipping agent in Romania and Ukraine.
AMP, AWO & Jones Act Operators Weigh In
A letter to the U.S. Energy Information Administration (U.S. Department of Energy) from American Maritime Partnership disputes EIA domestic tank vessel estimates. Ms. U.S. U.S. Washington, D.C. Dear Ms. Thank you for meeting with me, leaders of the American Waterways Operators, and senior representatives of four of the leading American tank vessel companies last week. We are gathering, and will soon forward to you, detailed information about the American tank barge fleet.
Lockheed Martin & Austal Win USN Contracts
Two contracts cumulatively worth more than $50 million USD. Lockheed Martin Corp, Baltimore, Md., is being awarded a $33,649,198 modification to previously awarded…
LaHood Announces USMMA Renovation Plan
U.S. Transportation Secretary LaHood Announces $54 Million for Merchant Marine Academy Campus Renovations, Next Step for Strategic Plan. U.S. Transportation Secretary Ray LaHood took part in a town hall meeting today with midshipmen, faculty and staff at the U.S. Merchant Marine Academy in Kings Point, NY, to announce $54 million for additional campus construction and renovations. While at the Academy…
Piracy: India, China & Japan Coordinate Protection
India, China,& Japan agree to better coordination in their anti-piracy operations. In a written reply to a parliamentary question, Indian Defence Minister AK Anthony said that India…
BWT Company Boosts Equity
Ballast water treatment plant manfufacturers Ecochlor, Inc. announced today that it recently completed a $4.1 million equity financing to support its growth into…
Korean Shipbuilder Delivers 13,100 TEU Container Ship
Seaspan Corporation announce that it accepted delivery of a 13100 TEU containership, the COSCO Faith. The new containership, which was constructed by Hyundai Heavy Industries Co.…
Middle East Port Set for Huge Development
The Steering Committee of the New Doha Port Project is set to sign a QR4.5 billion contract for dredging the main channel after it had awarded its bid to Middle East Dredging Company. It is the second construction contract to be inked after Phase 1 of the New Port Project to construct Port Basin and Inner Breakwaters was awarded to China Harbour Engineering Company in January last year. The contract…
