Teekay Buy Newbuilding LNG Carrier, Charter Out
Teekay LNG Partners L.P. is to acquire a second 155,900 cubic meter liquefied natural gas (LNG) carrier newbuilding from Awilco LNG ASA, a Norway-based owner and operator of LNG carriers.
Scorpio Bulkers' Stock Placement Raises US$300-million
Scorpio Bulkers Inc. has completed their private placement of 33,400,000 new ordinary shares of $0.01 par value at a subscription price of NOK 53.50, raising approximately $300 million in gross proceeds. The proceeds from the Private Placement, say Scorpio, will be used to part finance construction of a series of fuel efficient dry bulk vessels and for general corporate purposes. RS Platou Markets AS acted as Sole Manager in the Private Placement. www.scorpiobulkers.com
Arctic Protest Ship Arrested, Due Murmansk
Greenpeace's “Arctic Sunrise” is nearing the Russian port on tow from the Pechora Sea, accompanied by a Russian Coast Guard vessel (with the protest crew locked up on board) after an attempt to board the Gazprom drilling rig Prirazlomnaya. The Greenpeace ship Arctic Sunrise is close to arriving in the port of Murmansk after being boarded by Russian authorities last week following a peaceful protest against Arctic oil drilling.
Port of New Orleans: Varied Third 2013 Meeting Agenda
The port informs that its meeting no. 3 of fiscal year 2013-2014 is to be held on Thursday, September 26, 2013, 11:00 a.m. in the main auditorium at 1350 Port of New Orleans Place…
Brazil, Russia, India, China, Container Trade Grows
Although Brazil, Russia, India and China are suffering from overheated economies, the BRIC region is still generating attractive cargo growth, finds Drewry Shipping…
Tsakos VLCC Charter to Generate US$11.5 Million
Greece-based Tsakos Energy Navigation Limited (TEN) has time-chartered out the 301,171 dwt, double hull VLCC 'Millennium', with a state oil company for a period of 18 months.
Elastec/American Named Distributor for OceanEye Oil Spill Aerial Surveillance System
When Elastec/American Marine managed the controlled burn operation in the Gulf of Mexico in 2010, the response operation was more efficient when aerial surveillance was available. Fixed-wing aircraft and helicopters were frequently employed in the search for oil, but those alternatives proved costly and were also unavailable at night. In other scenarios, limitations such as fog, heavy rains or snow may make flying impractical and unsafe for the flight crew.
RS, NAPA Strengthen Cooperation
Russian Maritime Register of Shipping (RS), an IACS-member classification society and NAPA, a leading software house for ship design and operation today announced…
Today in U.S. Naval History: September 24
Today in U.S. 1918 - Ensign David S. Ingalls, USNR, in a Sopwith Camel, shoots down his fifth enemy aircraft, becoming the first U.S. Navy ace while flying with the British Royal Air Force. 1960 - First nuclear powered aircraft carrier, USS Enterprise (CVAN-65), launched at Newport News, Va. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Second Meteorological Mast Installed at Dogger Bank
Offshore wind developer Forewind’s second of two planned meteorological masts was erected at Dogger Bank during the weekend using the innovative suction installed Bucket Foundation and a “human free” technique for the steel tower placement. The latest mast to be installed – Dogger Bank Met Mast West - will provide essential wind, wave and other weather information, as well as marine traffic data for the Dogger Bank offshore wind energy development.
HydroComp PropExpert Released
Employed by more than 230 professionals in more than 20 countries, HydroComp PropExpert is the industry’s most widely used propeller sizing tool for inboard-driven workboats and pleasure craft. First introduced in 1996, PropExpert was principally developed to provide a reliable technical tool for the propeller sales process. It is used for application sizing and performance assessment by manufacturers and distributors of marine propellers, engines and transmissions.
Northrop Grumman Environmental Efforts Recognized
Northrop Grumman Corporation has been recognized as a leader for the company's actions to reduce carbon emissions, mitigate the risks of climate change and for the quality of its climate change data by CDP on two of its listings. The achievement was announced in the CDP S&P 500 Climate Change Report 2013, which tracks how America's largest listed companies are acting in response to environmental sustainability.
ABB Wins $25m Order for Two Russian Icebreakers
ABB, a power and automation technology group, has won an order worth around $25 million to supply its marine propulsion system, Azipod, and complete electric power plants for two new rescue and salvage icebreakers that are under construction at Nordic Yards GmbH in Germany. The new vessels, owned by Russia’s State Maritime Rescue Coordination Centre (SMRCC), will be used for patrols and rescue operations in offshore oil-and-gas fields.
Shipowners Call for Sustainable Regulation
The global trade association for the shipping industry, the International Chamber of Shipping (ICS), has called for all future proposals for environmental regulation that impact on ships to be subjected to a full and proper cost benefit analysis before adoption by the International Maritime Organization (IMO). ICS has set out how the shipping industry supports the goals for sustainable development agreed by world leaders at last year’s United Nations Summit on Sustainable Development.
Liebherr Wins Significant Ship Crane Order
Liebherr reports that there has been a positive trend in the heavy lift crane segement, a sentiment confirmed by a number of significant contracts recorded of late, including a contract for the delivery of six heavy lift ship cranes for the German shipping company Rickmers. Four of the heavy lift cranes are type CBB 4700 with a lifting capacity of 450 tons and the remaining two are type CBB 3450 with a lifting capacity of 120 tons.
IMCA Publishes Simulator Use Guidelines
Simulators are used increasingly in the marine contracting industry, in particular for training and competence purposes, but also for work planning/mission planning…
Pick Me Up
Mitch Hausman, President & CEO of Delta Rigging & Tools, Inc., discusses his company’s strategy to expand its core business through acquisition, including insights on its largest ever: the purchase this summer of Morgan City Rentals. Delta Rigging & Tools is a provider of a wide range of Industrial lifting, rigging and associated products, serving diverse markets from energy to transportation, maritime and offshore to name but a few.
Back to School
For Vigor Industrial, a privately-held shipbuilding and repair company headquartered in Portland, Oregon, the future looked bright and a bit ominous at the same time. Work was coming in, dock space was filling up, future orders were signed, and new properties purchased; in short, business was booming. But dark clouds crept in around the edges of this rosy picture. As recruiters set out to find new talent to meet the growing demand…
Manuflex, Centek Collaborate on Goodchild Pilots Exhaust Systems
Custom exhaust systems designed, engineered and manufactured by Manuflex Ltd. in partnership with Centek Industries are providing sound attenuation aboard two fast pilot launches built by Goodchild Marine of the United Kingdom for Estuary Services, Ltd. Both vessels operate from Ramsgate, supporting Thames pilots in the busy Southern North Sea and Thames estuary. Estuary Elan was the first of its innovative design by French Naval Architect Pantocarene to be built in the UK by Goodchild Marine.
Trade Increase Hides Specialized Reefer Vessels Uncertainty
Drewry’s latest Reefer Shipping Market Annual Review and Forecast reports that worldwide perishable reefer trade increased by 52.1 million metric tons between 2002 and 2012…