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…
Port of Cleveland Plans 2014 Europe Express Service
The Cleveland-Europe Express Ocean Freight Service will be the only scheduled international container service on the Great Lakes when it kicks off in April 2014. “Currently, local manufacturers use East Coast ports to ship goods to Europe, incurring additional rail and truck costs along the way,” said Will Friedman, president & CEO of the Port of Cleveland. The service will be the fastest and greenest route between Europe and North America’s heartland…
LEEVAC Shipyards Launch MMC-designed PSV
The launch of the new Platform Supply Vessel (PSV) 'MV Torrens Tide' at the company's Houma shipyard was safely accomplished in just 9 seconds, but ship's namesake Mary Torrens said she would have driven twice as far to witness her vessel take the plunge. "I am humbled and honored to be included in Tidewater's long standing tradition of naming vessels after its employees and I thank the nominating committee at Tidewater Inc. for this privilege.
Van der Velden in Pole Position for 'Ahoy Rotterdam 2013'
Van der Velden Maritime Systems will be showcasing a selection of their vessel propulsion products at upcoming 'Ahoy Rotterdam', 5-8, November 2013 at booth 1405 in Hall 1. The company has also been selected to participate in the Green Route. Van der Velden will present information, about its products including the Velden® FLEX tunnel manoeuvring and propulsion system, which is designed for inland and coastal ships…
BSEE's Ohmsett Facility Receives US$4-Million Grant
The funds allocated to BSEE will provide for infrastructure resiliency improvements at the bureau's national oil spill response research and renewable energy test facility, Ohmsett, located at Naval Weapons Station Earl in Leonardo, N.J. The Ohmsett facility includes the nation’s largest saltwater tank used for testing oil removal technologies, providing unique research and applied training capabilities.
Chouest Appoint Rick Fox to Lead Alaska Operations
The Edison Chouest Offshore group of companies (ECO) has announced the appointment of Rick Fox as senior vice president and general manager of Alaska operations. Fox will be responsible for leading all ECO vessel activities in the Arctic, as well as overseeing the operation of Chouest affiliates Fairweather, LLC, Deadhorse Aviation Center, Tulugaq, LLC and VDOS, LLC (Virtual Data Operations Support).
North P&I Club Phase in Members' 2014 Rate Increase
North P&I Club has decided on a 7.5% general premium increase for protection and indemnity (P&I) cover next year and will continue with a moderated payment plan similar to last year.
GoAGT: “Kidnapping of U.S. citizens off Nigeria was avoidable”
The attack on a U.S.-flagged platform supply vessel C-Retriever by pirates off Nigeria’s coast, which resulted in two U.S. citizens being kidnapped, could have been completely avoided…
AVEVA Partners with ETAP to Improve Interfaces
AVEVA today announced that it is collaborating with ETAP to create a complementary interface between AVEVA Electrical and ETAP’s enterprise solution for electrical power systems. The new interface will deliver industry-leading capability for the efficient design, development and production of the most complex electrical installations in all types of process and power plants, ships and offshore facilities.
Aecon Awarded $60 Million Enbridge Terminal Project
Aecon Group Inc. announced, coinciding with an investor tour with Raymond James in Edmonton, that it has been awarded a construction contract by Enbridge Pipelines Inc.
Today in U.S. Naval History: October 24
Today in U.S. Naval History - October 24 1944 - In air-sea battle in the Sibuyan Sea, carrier aircraft attack Japanese Center Force. 1958 - USS Kleinsmith (APD-134) evacuates U.S. nationals from Nicaro, Cuba. 1962 - Atlantic Fleet begins quarantine operations to force Soviet Union to agree to remove ballistic missiles and long range bombers from Cuba. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
MARINS Chosen for U.K.’s New Aircraft Carriers
iXBlue has been selected to provide inertial navigation systems for the two Queen Elizabeth class aircraft carriers currently being built by the Aircraft Carrier Alliance for the U.K. Royal Navy.
Ocean Power and Mitsui to Commercialize PowerBuoy
Ocean Power Technologies, Inc. (OPT) and Mitsui Engineering & Shipbuilding Co., Ltd. (MES) announced that they have signed a new agreement to cooperate in the development and commercialization of OPT's PowerBuoy technology. Building on the successful work previously done together by the companies, this agreement sets forth the terms of technology licensing and other financial arrangements between MES and OPT regarding OPT's PowerBuoy systems.
Navy League Past National President Daniel B. Branch Dies at 75
The Navy League of the United States mourns the death of its past national president, Capt. Daniel B. Branch Jr., USN retired. He died on Oct. 21, 2013, of complications from mesothelioma cancer at the age of 75. Memorial services will be held Thursday Oct. 24, at 2 p.m. at St. Ambrose Episcopal Church, 7520 South Boulder Road, Boulder, Colo. Burial services will be held at a future date at the U.S. Naval Academy, Annapolis, Md.
Samsung LNG Carriers Powered, Propelled by GE
Liquefied natural gas (LNG) is one of the fastest growing energy markets worldwide, and global production capacity could be more than double by the end of the decade.
Navis Joins Aker Arctic for Ice Class DP Design
Navis Engineering Oy and Aker Arctic Technology Inc. have signed a scientific and technical cooperation agreement covering the joint development of technology for…
