Caterpillar Sponsors Ocean Shark Research
Caterpillar agree multi-year partnership with OCEARCH to help global research on sharks, key members of the ocean's ecological system. "Most people think sharks are invincible…
Tognum Reaches 2012 Profit Target
Specialist for propulsion and power solutions, Tognum AG, has achieved its revenue and profit targets for the full year 2012. Revenues increased slightly last year…
Coast Guard Medevacs One, Continues 'Carnival Triumph' Escort
The Coast Guard took off a female passenger from the disabled ship in the Gulf of Mexico under tow to Mobile. A Coast Guard 45-foot Response Boat — Medium crew medevaced a female passenger who reportedly suffered a stroke and transported her to Dauphin Island to meet emergency medical services. The tug vessel Resolve Pioneer reported a broken tow line which was restored by the tug Roland Falgout. Meanwhile…
Farstad Orders New OSCV
Farstad Shipping ASA subsidiary, Farstad Supply AS, contracts with STX OSV AS for an Offshore Subsea Construction Vessel (OSCV). This new building is part of Farstad Shipping's expansion into the subsea market and represents an investment of approx NOK 825 mill. Delivery of the vessel is due to take place in the first quarter of 2015. The vessel is a STX OSV OSCV 07 design OSCV and is designed for subsea and IMR operations (Inspection, Maintenance and Repair).
Transocean's Latest Fleet Update
The company's update includes new contracts, significant changes to contracts, & changes to estimated times out of service. Transocean is a leading international…
Jeff Holtom New Seatronics Middle East Manager
Acteon company, Seatronics Ltd., has appointed Jeff Holtom as regional manager in the Middle East. Based in Abu Dhabi, Holtom’s responsibilities at Seatronics Ltd. will include sales and marketing, overall Quality, Health, Safety and Environment (QHSE) responsibility and general and management of the Seatronics office in the United Arab Emirates (UAE). Holtom has a degree in land and hydrographic surveying from North East London Polytechnic, UK.
Odfjell Reports Weak Q4 2012 Chemical Tankship Market
Tankship & terminal storage owners/operators Odfjell also noted significant losses at their Rotterdam terminal in its Q4 2012 report. Jan A. The chemical tanker…
California Port Container Volumes: One Up, One Down
Port of Long Beach report surge in January container volumes, while those at Port of Los Angeles were slightly down. Cargo volumes at the Port of Long Beach surged in January with 17.5 percent more containers overall ? including a 19.5 percent jump in imports and an 8.2 percent rise in exports compared to the same month one year ago. Port terminals in January moved 536,263 TEUs (or twenty-foot equivalent container units).
Cruise Shipping Asia-Pacific Conference 2013: Date Set
Third annual Cruise Shipping Asia-Pacific Conference to meet in Singapore, October 8-10, 2013. The two-day annual Cruise Shipping Asia-Pacific conference provides…
Greek Investment Company Closes Assetplus Purchase
Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer. Greece's Nautilus Marine Acquistion…
Euroseas Report Dip in Profits
Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results. Net loss of $13.2 million or $0.34…
Bulk Transport Leadership: Clark Todd
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course. Since December, a stretch at Thebes, Illinois, has been shut for much of each day as the U.S. Army Corps of Engineers removes rock pinnacles.
Bulk Transport Leadership: Dan Martin
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course. Since December, a stretch at Thebes, Illinois, has been shut for much of each day as the U.S. Army Corps of Engineers removes rock pinnacles.
Rapp Hydema Hauls in the Research Vessel Market
Rapp Hydema has been supplying deck machinery to research vessels since 1977, but this global market recently became especially significant for the group. In 2002, in what would be a watershed project, Rapp Hydema was chosen to outfit the NOAA Fishery Survey Vessel (FSV) Oscar Dyson class of vessels. The first four ships in the class were being constructed at VT Halter Marine Shipyard. “That NOAA research vessel contract provided us with excellent exposure…
Bulk Transport Leadership: Merritt Lane
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course. Since December, a stretch at Thebes, Illinois, has been shut for much of each day as the U.S. Army Corps of Engineers removes rock pinnacles.
Automatic Lubrication Device Eliminates Guesswork – and Failures
Specialty lubricant provider Klüber Lubrication and perma-tec, a producer of single point automatic lubricators, have launched a new product line designed to provide customers in the marine industry with a cost effective and reliable solution for onboard equipment maintenance. The product line carries the brand name “Klübermatic” and represents a unique approach to improving marine operations. The new…
Bulk Transport Leadership: Terence Gomez
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course. Since December, a stretch at Thebes, Illinois, has been shut for much of each day as the U.S. Army Corps of Engineers removes rock pinnacles.
U.S. DOT Chief LaHood Establishes Freight Advisory Committee
DOT Announces Proposal to Establish ‘National Freight Network’. U.S. Transportation Secretary Ray LaHood has announced the establishment of a National Freight Advisory Committee to provide recommendations aimed at improving the national freight transportation system. A strong freight transportation system is critical to the nation’s economy and essential for helping meet President Obama’s goal of doubling U.S. exports by 2015.
Bulk Transport Leadership: Rick Calhoun
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course. Since December, a stretch at Thebes, Illinois, has been shut for much of each day as the U.S. Army Corps of Engineers removes rock pinnacles.
Kobelt Manufacturing Acquired by Private Equity Firm
Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners. Jack Kobelt founded Kobelt…
