GulfMark Offshore Rack Up Q2 2013 Profit
GulfMark Offshore, Inc. (NYSE:GLF) announce its results of operations for the three- and six-month periods ended June 30, 2013. For the second quarter ended June 30, 2013, revenue was $111.3 million, and net income was $9.9 million, or $0.38 per diluted share. The quarterly results include a non-recurring, non-cash charge of $2.4 million ($1.6 million net of tax, or $0.06 per diluted share) for the…
Genesis Energy Acquires Hornbeck Tugs & Barges
Genesis Energy, L.P. has agreed to acquire for approximately US$230-million all the assets of the downstream transportation business of Hornbeck Offshore Transportation, LLC (“Hornbeck”).
Latest Global Shipbuilding Contracts
Amongst newbuilding orders in the past week U-Ming Marine Transport of Taiwan continue their Capesize ordering with a firm order for four more 186,000 dwt dry bulk carriers…
Lawyer Wins International Maritime Prize
The IMO Council has unanimously agreed to award the prestigious International Maritime Prize for 2012 to Dr. Thomas A. Mensah of Ghana, former President of the International Tribunal for the Law of the Sea and Assistant Secretary-General and Director of the Legal Affairs and External Relations Division at the International Maritime Organization (IMO), for his significant contribution to the work and objectives of the International Maritime Organization (IMO).
Anvil Dredging Equipment Bound for Saudi Arabia
Anvil Attachments’ latest shipment of dredging buckets and grapples are on an 8,000 mile journey to Saudi Arabia. Anvil Attachments’ headquarters and manufacturing facility is located in Slaughter…
Free Guide to Optimising Vessel Lubricants by Fathom
Fathom, the information specialists on maritime eco-efficiency, have launched a brand new, free publication series for the maritime industry. The inaugural edition, entitled Fathom FOCUS: Choosing the Optimum Lubricant Solutions for Your Operation is a practical guide that gives operators and managers crucial support in understanding how they can reduce vessel operating costs and improve lubrication performance.
NMMA to Brief House on Impact of Boating on the US Economy
On July 24, 2013, Thomas J. Dammrich, President of the National Marine Manufacturers Association, (NMMA) will discuss the state of the U.S. recreational boating industry from 2 to 3 p.m.
Raytheon Anschütz to Supply ECDIS 24 to Nor Lines
Under the contract, Nor Lines has ordered 10 ECDIS 24 systems for installations on board of five ships, with MV Cometa being the first vessel to be refitted. All five shipsets will be supplied and commissioned by Raytheon Anschütz’ Norwegian distributor Syberg AS. The ECDIS 24 retrofit package consists of a 24” TFT Panel- PC, an interface box providing all necessary interfaces as required by the ECDIS performance standard IEC61174, trackball, DVD drive and cabling.
ILO MLC List of Ratifying States
MLC will come into force on August 20th, 2013, which is the date that the first 30 States that have ratified the Maritime Labour Convention, 2006 (MLC, 2006) can begin to take enforcement actions with respect to vessels entering their ports. In accordance with Standard A4.5 (2) and (10), the Government has specified the following branches of social security: medical care; sickness benefit; unemployment benefit…
Vietnam Shipyard Delivers Bulk Carrier to Thai Owners
The 53,000 dwt bulk carrier, 'Thor Breeze' has been delivered by Ha Long shipyard, Quang Ninh Province to Thailand ship-owners Thoresen Co. Mr. Do Van Thau – the Vice General Director of Vinashin and representatives of the ship-owner were present at the ceremony. The double-hulled bulk carrier is 190 m in length, 32.26 m in breadth, 17.50 m in depth and with a 12.60 m draught. The main engine is a MAN B&W 6S50 MC-C 9.480 kW rated at 118 rpm to give a speed of 14 knots.
BOSTCO Opening to Ease Houston Ship Channel Congestion
When Battleground Oil Specialty Terminal (BOSTCO) on the Houston Ship Channel starts operations in October, ship channel congestion is likely to be lessened. BOSTCO…
BAE Systems Awarded 'USS Benfold' Repair Contract
BAE Systems San Diego Ship Repair Inc., San Diego, Calif., has been awarded a $38,601,943 modification to previously awarded cost-plus-award-fee contract for work on DDG 65.
Exceptional Bravery at Sea: IMO 2013 Awards
The 2013 IMO Award for Exceptional Bravery at Sea will be awarded to two rescue swimmers from the United States of America, for saving the lives of 14 crew members from the tall ship HMS Bounty…
Today in U.S. Naval History: July 22
Today in U.S. 1802 - Frigate Constellation defeats nine Corsair gunboats off Tripoli. 1905 - Body of John Paul Jones moved to Annapolis, Md. for reburial. 1953 - U.S. 1964 - Four Navy Divers (LCDR Robert Thompson, MC; Gunners Mate First Class Lester Anderson, Chief Quartermaster Robert A. Barth, and Chief Hospital Corpsman Sanders Manning) submerge in Sealab I for 10 days at a depth of 192 feet, 39 miles off Hamilton, Bermuda. They surfaced on July 31, 1964.
Magma Products Opens Aberdeen Office
Oil & Gas UK chief executive, Malcolm Webb, has officially opened the new Aberdeen offices of oil and gas consultancy Magma Products. Magma, which provides specialist offshore commissioning and start-up services, has grown from a business employing six people in 2011 to one with an 85-strong team today. It has moved from small city centre premises to its new offices at The Spires Business Park, just off Mugiemoss Road.
USCG Seizes Suspicious Vessel Near Golden Gate Bridge
The U.S. The Sailboat captain, who NBC identified as David John McCormick, was arrested Sunday evening after allegedly refusing to allow USCG aboard his vessel and assaulting a Coast Guard Officer.
Exercise Sea Breeze 2013 Draws to a Close
Exercise Sea Breeze 2013, the 16th iteration of the largest annual multinational maritime exercise in the Black Sea, ended July 20, as representatives from the 14…
Delta Debuts New Yacht: Invictus
Delta announced the delivery of their newest 66-meter yacht, Invictus. Latin for “unconquerable,” Invictus is homage to the indomitable spirit at the heart of the 19th century poem by William Ernest Hemley. According to Delta, the yacht is strikingly beautiful, flawlessly conceived and profoundly powerful. At over 1,900 gross ITC and with a 43’ beam, Invictus is a masterwork in design balance, cutting a supremely graceful silhouette of elegant lines…
Chinese Maritime Industrial Output Dips in 2013
The first half of 2013 has seen a drop in Chinese maritime industrial production. According to figures released by the China Association of the National Shipbuilding Industry (CANSI)…
Enteq Unveils Integrated MWD Solution
Enteq Upstream PLC, a provider of upstream technology and products, launched an integrated Measurement While Drilling (MWD) solution based on proven technologies from Extended Exploration Technology (XXT) and KM Services (KMS), two companies acquired by Enteq in 2012. Enteq’s new development supplies an integrated MWD solution for directional, vibration monitoring, gamma and data transmission. The innovative MWD technology is based on the next generation XXT downhole interface module…