Korean Shipbuilder Bags Quad MR Maersk Tankers Order
Maersk Tankers has ordered 4 MR product tankers to be constructed at the Sungdong Shipbuilding & Marine Engineering Co. of South Korea. The contract includes an option for two more tankers of the same type. The four vessels are due to be delivered in 2016. "We focus our investments on the product tanker segment. To remain attractive in this market, we constantly renew our fleet. Our MR vessel is the oldest in the fleet…
Webb Institute Names McMullen 2013-14 Scholarship Recipients
Webb Institute, a 4-year college specializing in Naval Architecture and Marine Engineering, is pleased to announce that seniors Henry Jansen, from Bayville, NY, and Elli Wunder from North Bend, WA have been named the recipients of the 2013 – 2014 McMullen Family Foundation Scholarship. The McMullen Family Foundation Scholarship Program was established at Webb Institute in 2009 to help off-set room and board expenses.
Top Guns Shuffle at Carnival Corp.
Alan Buckelew, currently the president and CEO of Princess Cruises, is being appointed to the newly created role of Chief Operations Officer of Carnival Corporation & plc effective December 1, 2013, reporting to President and CEO Arnold Donald. Buckelew will have oversight of all maritime and port operations around the world and our group collaborative functions, including information technology; group strategy and global operations…
Clarkson Research President to Keynote Marintec China 2013
Dr. Martin Stopford, President of Clarksons Research Services, will deliver the keynote address at the Senior Maritime Forum 2013, 2-5 December, at the Kerry Hotel Pudong, Shanghai, China. The Senior Maritime Forum is held alongside Marintec China 2013 which takes place 3-6 December at the Shanghai New International Expo Centre, Shanghai China. In his keynote address titled, "The Great Shipping Cycle -- Progress to Date and Scenarios for the Next Phase," Dr.
Vessel Operating Costs Expected to Rise 3%
Vessel operating costs are expected to rise by more than 3.0% in both 2013 and 2014, according to a new survey by international accountant and shipping consultant, and Maritime London member, Moore Stephens. The survey is based on responses from key players in the international shipping industry, predominantly shipowners and managers in Europe and Asia. Those responses revealed that vessel operating costs are expected to rise by 3.0% in 2013…
Ground-breaking Oil Pollution Compensation Fund to be Wound Up
The governing bodies of the International Oil Pollution Compensation Funds (IOPC Funds) held recent meetings at the Headquarters of the International Maritime Organization (IMO) in London, and decided to wind up the ground-breaking 1971 fund which has since been replaced by the 1992 protocol. The Fund was an international innovation when a global, solidaritory scheme on compensation for the victims of oil pollution caused by tankers was established in 1971.
Dryships Report Q3 2013 Net Loss Despite EBITDA Growth
Drybulk and petroleum cargo transportation company, DryShips, & through its majority owned subsidiary, Ocean Rig, of offshore deepwater drilling services, announce…
Ro-Pax Ferries Bear Excessive Reinsurance Burden Says Broker
Insurance broker and Maritime London member Willis believes that ro-pax ferries are bearing an unfair share of costs allocated to passenger ships within the International Group of P&I Clubs' reinsurance pool. The broker's head of global P&I, Ben Abraham, told delegates at the recent Interferry annual conference in Malta that there was a compelling argument to differentiate between pure passenger ships and ro-pax ferries…
Ocean Rig in the Red Q3 2013 But Increase Drilling Revenues
International contractor of offshore deepwater drilling services, Ocean Rig, announce its unaudited financial and operating results for the third quarter ended September 30…
Coast Guard Foundation Honors Heroes
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, will hold its 20th annual…
SafeBulkers Increase Q3 2013 Dividend Despite ...
Greece's SafeBulkers Inc. reports decrease in profits in its third quarter 2013 financial results but increases company dividend to reflect an improved charter market.
Aleris Introduces Alloy Temper for Marine Applications
Aleris announced it now offers 5083–H128, the newly developed aluminum alloy temper for marine applications that meets the new standards for marine plate as specified in ASTM's B928-13 standard.
DMW Marine Hires Reeder
DMW Marine Group hired Monty Reeder as its Inside Sales Manager and New England, Canada and mid-Atlantic direct Sales Representative. Reeder graduated from Ursinus College with a degree in Business and Economics and previously represented Iron Mountain. Mark Gregory will now be responsible for direct sales in the Southeastern US and Gulf Coast while Bo Weidner will continue to handle the West Coast of the US and Canada.
NASNI Builds Navy's First Submarine Firefighting Trainer
Smoke bellows out the ventilation ducts. The glow of the blazing fire emanates down the passageway. Firefighters move with precision and purpose, pausing to unleash a torrent of water towards the fire as they kneel before it. Such was the scene at the Navy's first submarine firefighting trainer, located at Naval Air Station North Island (NASNI) Oct. 29. Commander, Navy Installation Command (CNIC) approached Kidde Fire Trainers almost one year ago in response to the incident on the USS Miami…
Newpark Drilling Fluids Opens Technology Center
Newpark Drilling Fluids held a grand opening ceremony for its Newpark Technology Center in Katy, Texas. The celebration commenced with skydivers parachuting in while displaying American, Texas and Newpark flag replicas, followed by a flag raising ceremony conducted by the United States Army Color Guard and a ribbon cutting with Newpark executives as well. Festivities then continued indoors with tours of the center and its expansive laboratory facilities.
Coast Guard Completes Arctic Shield 2013
The U.S. Coast Guard completed Arctic Shield 2013 after a successful summer season of sustained operations and outreach efforts in the Arctic region Friday. Arctic Shield focused on Western Alaska and the Bering Strait and consisted of a three-pronged approach of operations, outreach and an assessment of the Coast Guard's capabilities in the Arctic. This regional operation aligns with the Coast Guard Arctic Strategy and its three key objectives: improving awareness…
Coast Guard Suspends Dive Boat Operator
U.S. Coast Guard Sector Hampton Roads investigators received confirmation last month that Administrative Law Judge Michael Devine agreed with the Coast Guard's arguments…
PPG Appoints Two Vice Presidents
PPG Industries announced that Diane M. Kappas has been appointed vice president, Americas, for the protective and marine coatings (PMC) business, effective Dec. 1. The company also announced that Jane Valenta has been appointed to Kappas’ previous role of vice president, environment, health and safety (EHS), effective Dec. Kappas will assume full responsibility for PPG’s PMC business in the United States, Canada and Latin America, and she will report to Tim Knavish, global vice president, PMC.
RoadOne Appoints Norfolk Terminal Manager
RoadOne IntermodaLogistics, a single source intermodal, distribution and logistics services company, announced the appointment of Rick Longerbeam as terminal manager…
KNRM Rescue Vessel Passes Capsize Trials at Damen Shipyard
The latest rescue vessel commissioned by the Royal Netherlands Sea Rescue Institution (KoninklijkeNederlandse Redding Maatschappij, KNRM) has passed an important trial at Damen Shipyards Group in Gorinchem before being entrusted to its crew. The capsize trials had to show that this youngest generation of rescue vessel is actually capable of righting itself. In four different tests, the rescue vessel…
