Excel Maritime Files Chapter 11, Plans Financial Re-structuring
Excel Maritime Carriers, owners & operators of a large fleet of dry bulk carriers, become the latest casualty of the downturn in the shipping industry, but sets financial plans for recovery. The company says t has reached an agreement in principle with a steering committee of its senior lenders on the terms of a financial restructuring to strengthen its balance sheet. Up to $50 million infusion of…
Teekay Charters Out Two LNG Newbuildings
Teekay LNG Partners signs two, 5-year time-charter contracts with Cheniere Marketing to provide Liquefied Natural Gas (LNG) transportation services. The fixed-rate…
China Shipbuilding News
Afai Southern shipyard visited by Dutch diplomat, and elsewhere, Chengxi Shipyard gets order for 2 bulk carriers. Mr. Karel Hartogh, Director of Department of Asia and Oceania at Ministry of Foreign Affairs, Netherlands and Ms. Anne Luwema, Consul General of Netherlands Consulate in Guangzhou visited Afai. the Director of Damen Fast Ferry, Mr. Henk Grunstra , Damen Site Manager, Mr. Bert and General Manager of Afai, Mr. Wu Mingyi met the guests. Mr.
Uprated GE 12V250 Marine Diesel Engine Passes EPA Tests
GE Marine announce successful testing of first 12V250 engine to meet upcoming EPA Tier 4i & IMO Tier III emissions without exhaust after-treatment. The announcement was made at the recent Nor-Shipping trade fair in Oslo, Norway, following the successful completion of an extensive emissions-testing program for the first 12V250 Marine Diesel Engine that meets EPA Tier 4i and IMO Tier III in-engine emission compliance.
Maiden Voyage Freighter Docks in San Diego
The Port of San Diego celebrated the inaugural visit of Grieg Star's 'Star Laguna' with a plaque exchange ceremony. The Star Laguna, one of the newest cargo ships visiting San Diego, called at Tenth Avenue Marine Terminal, where it offloaded 10,000 tons of fertilizer and four yachts. Owned by the Grieg Star shipping company based in Bergen, Norway, the Star Laguna will make regular visits to San Diego.
New Ohio River Fireboat: Huntington Seeks Federal Grant
Council has approved a resolution that may lead to the Huntington Fire Department obtaining a marine firefighting & hazardous material vessel through a Port Security grant.
Rand Makes Corporate Governance Changes
Rand Logistics, Inc. announced that Laurence Levy has been appointed as Executive Chairman, with responsibilities that include overseeing corporate strategy including…
AMCS Wins Pacific Patrol Boat Training Contract
The Australian Minister for Defense Materiel Mike Kelly announced the signing of a $21 million four-year contract with AMC Search Ltd to provide Pacific Patrol Boat (PPB) training services. Dr.
BCG Delivers Simulator to Clatsop Community College
Clatsop Community College (Astoria, Ore.) recently purchased a series of Virtual Global Maritime Distress and Safety System (VGMDSS) simulators from Buffalo Computer Graphics. The system replaces an older BCG GMDSS simulator and is comprised of six student stations and one instructor station (GMDSSGUI). The simulator supports voice communication using VHF and MH/HF radios, along with text communication using radio telex and Inmarsat satellite terminals.
Godeaux Named Pellerin Water Solutions GM
Pellerin Energy Group (PEG), an integrated service provided for the oil and gas industry has named Edward “Ed” Godeaux General Manager of its Water Solutions business unit, announced President Joshua Pellerin. Godeaux joins PEG with more than 18 years of oil and gas experience, specifically in water treatment. He was previously employed at Siemens where he served as a project manager, technical director and ultimately general manager.
Asian Ballast Water Treatment Markets Grow
The Asian ballast water treatment systems market is highly lucrative and is expected to show tremendous growth over the next 6-7 years, according to Verify Markets (VM).
Product Tanker Demand Upside Potential; Theory and Reality
McQuilling Services said it continues to hold a contrarian view in contrast with the positive sentiment that surrounds the clean tanker market and robust MR2 ordering. The company released an industry note outlining their views of the tanker industry. “In an effort to validate our opinion, we compiled the clean product trade data that was used for McQuilling Services Tanker Market Outlook this year.
ISS Launches ACI Department for Canadian Ports
Inchcape Shipping Services (ISS), a maritime services provider, has launched an Advanced Cargo Information (ACI) department for Canadian ports following new regulations…
Tankship Engine Room Blaze Off Somalia Coast
Australia’s HMAS Newcastle provided medical treatment and evacuated two badly burned Filipino merchant seamen from a stricken oil tanker in the Somali Basin. The seamen from the Liberian registered Merchant Tanker Perla, were severely burned during a machinery fire which left the tanker powerless, adrift and vulnerable to pirate attack on June 7, 2013. Heavy seas required Newcastle’s embarked Sea Hawk…
ABS Nautical Systems Gains Three Greek Customers
ABS Nautical Systems expands in Greece with contracts signed by Sun Enterprises Ltd., Quintana Shipping Ltd. and Nautilus Marine Acquisition Corp. All three companies…
Recreational Boating: a $121-billion Economic Driver for U.S.
The National Marine Manufacturers Association (NMMA), announced that recreational boating in the U.S. has an annual economic value of $121 billion. The industry’s rising tide supports 964…
Crewman Airlifted after Tanker Fire off Whitby
A crewman was airlifted to a hospital after a fire on board a tanker approximately six nautical miles north east of Whitby. Humber Coastguard was contacted by the tanker just after 12:30 p.m.
Transas SimUC 2013 to Address e-Navigation Challenges
E-Navigation has been a hot topic in the maritime industry for some time, and it is likely that it will continue to be into the future. But for many in the industry, the subject remains an abstraction that everybody is talking about but few can properly explain. That is why the Future Challenges in e-Navigation session is one of the highlights of the Transas Simulation User Conference 2013 with its theme, Future Trends and New Challenges in Maritime Simulation.
Intercargo Calls for Improved Reporting Following Ship Casualties
During the forthcoming IMO Maritime Safety Committee (MSC 92 to be held June 12-21, 2013) Intercargo, the International Association of Dry Cargo Shipowners will…
SSP Introduces Mud Dauber Fittings with Tube Ends
SSP, a company in stainless steel and nickel-based alloy fluid system components, assemblies and CNG fueling applications, introduced the Mud Dauber series of fittings, now available with tube fitting ends, in Duolok, Unilok and Griplok designs. The fitting features a durable and replaceable screen element to prevent wasps and other insects from infiltrating and clogging open systems. Mud Dauber fittings are suitable for vents, blow-down tubes and sample points.