Yacht Skipper Fined for Crashing into Tanker
The skipper of a racing yacht has been made to pay over £100,000 in fines and costs after colliding with a 120,000 ton oil tanker in the Solent. Roland Wilson of Perthshire, Scotland was today found guilty on three counts of breaching international maritime law at West Hampshire Magistrates' Court. On August 6, 2011, the yacht Atalanta of Chester was taking part in the first day of racing at Cowes Week. Heading towards Southampton Docks was the tanker Hanne Knutsen.
HSHI Orders Strainstall Stress Monitor for New Floating Drydock
Strainstall Marine, a part of James Fisher and Sons plc, has secured a five-figure order to supply stress monitoring systems for Hyundai Samho Heavy Industries (HSHI)…
The Importance and Value of Marine Industry Training
The Coast Guard Marine Industry Training Program offers incredible opportunities for Coast Guard employees to intimately learn specific facets of the marine industry. Participants of the program work directly for industry partners for up to 1 year. In addition to building superior government/industry working relationships, the program affords industry sponsors an opportunity to share detailed business considerations and limitations…
Severe Weather Expected to Delay Voyages in Western Europe
A very intense low is moving northeastwards over British Isles on October 28 and causing severe weather conditions in the area between Cape Finisterre and Ireland. Expect Storm (perhaps Violent Storm) and sign sea 7-10 meters, maximum wave height around 15 meters October 27-28. In English Channel and in North Sea also risk Storm and high sea. Be prepared for some delayed voyages in western European waters
Aker Philadelphia Welcome Back Governor Corbett
Aker Philadelphia Shipyard, Inc. (APSI) has welcomed Governor Corbett back for an update on the state of the shipyard and a tour to view progress on the current tankers APSI is building for SeaRiver Maritime. The last time Governor Corbett visited APSI was in September 2011 for the contract signing of the very same tanker program. Since Governor Corbett’s initial visit, the yard has reached its steady state employment of over 1…
COA Making Sure Reefer Refrigerant the Real Thing
The Container Owners Association (COA) has had to develop a new global online database of refrigeration machinery repair companies, following 5 separate explosions that caused 3 deaths in 2011. Investigations into the incidents, which resulted in three deaths, concluded that the refrigeration machines had contained a gas other than the refrigerant R134a for which they were designed to operate on, which had created explosive gases inside the system.
Kvaerner Still Riding High Offshore in Q3 2013
Norway's Kvaerner report higher operating revenues, higher earnings and higher EBITDA margin in the third quarter of 2013 compared to last year. Kvaerner reported…
San Diego Ports Get Fitch A+ Rating
Fitch Ratings has assigned an 'A+' rating to $19.3 million of refunding revenue bonds, series 2013 A, issued by the San Diego Unified Port District. In addition…
U.S. BWTS Regulations May Cost Canada Dearly: New Report
A report released by the Canadian Shipowners Association (CSA) has found that American regulations to require the installation of ballast water treatment equipment on Canadian domestic vessels beginning in 2014 will cost the Canadian economy 1.1 billion dollars over the next five years. Further complicating this situation is the reality that ship owners cannot comply with the regulations at this time, as the appropriate technology does not exist.
ABB Report Solid Q3 2013 Across its Businesses
ABB reported higher revenues, earnings and cash flows in the third quarter of 2013, on improved performance across all divisions. Orders in early-cycle businesses, driven mainly by customer investments in improved productivity and efficiency, grew compared to the same quarter in 2012, while further delays in large project awards – mainly the result of ongoing economic uncertainties - and the strategic repositioning of the Power Systems division resulted in lower large orders.
Even India Has Arctic Interests
Indian company ONGC Videsh Ltd. is interested in exploring for hydrocarbon deposits in the Arctic in cooperation with leading Russian companies, reports 'Arctic info' (Russian). The announcement came in a joint statement adopted at the XIV Russian-Indian Summit, where talks were held by Russia’s President Vladimir Putin and Indian Prime Minister Manmohan Singh. The partner of the Indian company could be Rosneft, suggests Arctic info.
Mexico Offshore Geotechnical Contract for Fugro
Netherlands-based Fugro has been awarded a contract of around US$ 90-million by Mexico’s national oil company PEMEX for ultra deep water geotechnical and pilot hole (drilling and logging) services associated with the de-risking of drilling locations and field developments planned offshore Mexico. The overall duration of geoconsulting and drilling activity is expected to be 14 months. Fugro say that…
Middle East Superyachts to Benefit From SatCom Deal
SES inform that OmniAccess, a leading VSAT service provider and network integrator in the luxury superyacht market, has signed a new Ku-band capacity deal on SES’ NSS-12 satellite to provide high-speed internet connectivity to superyachts in the Mediterranean, Black, Caspian and Arabian Seas. OmniAccess will utilise the capacity located at 57 degrees East to keep their customers connected anytime via the data, VOIP, video conferencing services that they offer.
Matson Declare Q3 2013 Dividend
The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.16 per common share. "Today's dividend…
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