Valery Ermakov Appointed CEO at Transas
Transas Group announced Valery Ermakov took over the responsibilities of Chief Executive Officer, Transas Group as of October 22, 2013. Prior to joining Transas Group, Valery Ermakov served as First Deputy CEO – Chief Operating Officer at the Russian telecom giant - OJSC MegaFon. transas.com
General Dynamics Reports 3Q 2013 Results
General Dynamics reported third-quarter 2013 net earnings of $651 million, or $1.84 per share on a diluted basis, on revenues of $7.8 billion. This compares to 2012…
Kleven Net OCV Construction Contract
Kleven has signed a contract with Østensjø Rederi in Haugesund, Norway, for the building of a 150 m long offshore construction vessel. Total contract value is NOK 1.4 billion, making it the largest contract ever for Kleven. The highly advanced vessel of SALT 304 OCV design will be equipped with a 400t crane, a 70t crane, Vertical Lay System and carousel. The vessel is to be delivered from Kleven Verft in Ulsteinvik, Norway in Q1 2016, and will enter into a long time chart for Deep Ocean.
Offshore Drill-Rig 'Hercules Triumph' Arrives India
Logistics and marine services provider, GAC Sri Lanka, chartered three anchor-handling tug boats to off-land the 'Hercules Triumph' from heavy-lift vessel 'Target' at Trincomalee Anchorage, Sri Lanka, then arranged further towage over 700 NM miles to Kakinada, Indai arriving 8 days later. The rig is ready to start drilling operations for CAIRN Energy at the RAVVA offshore oil field. As part of its task to oversee the entire project…
Latest World Oil Market Recap
Global refinery capacity increases vastly; typhoons deplete Japan oil stocks; and Qatari marketing sends signals on price direction, reports PIRA Energy Group's latest 'Weekly Oil Market Recap'.
Korea's Hanjin Shipping Mulls Portland Pull-out
Manila's International Container Terminal Services Inc's (ICTSI), troubled venture in Portland, Oregon, faces more difficulties as its big customer, Hanjin Shipping…
Jacksonville Ship Channel Dredge Authorization Denied
A big push for deeper water at Jacksonville's port has fallen short in the U.S. House of Representatives as the House Rules Committee voted against allowing the full House to consider an amendment offered by U.S. Rep. Corrine Brown, D-Jacksonville, that would have authorized a future 47-foot ship channel in Jacksonville, reports 'The Florida Times-Union' online. The rejection means when the full House begins debate soon on the Water Resources Development Act…
Patriot Contract Services Get Watson-class RoRo's MSC Contract
Patriot Contract Services LLC, Concord, Calif., has been awarded a US$63,346,311 firm-fixed-price contract for the operation and maintenance of 8 government-owned Watson-class large, medium-speed, roll-on/roll-off ships. The ships will continue to support Military Sealift Command worldwide prepositioning requirements. This contract includes four one-year options, which, if exercised, would bring the cumulative value of this contract to $329,245,641.
Crowley Donate Land for Alaskan Senior Citizens' Center
Crowley Maritime Corporation's group recently completed the sale of 2.836 acres of unimproved land to Nenana Tortella Council on Aging for a mere $500. The lot, which has a market value of $25,000 upon recent appraisal in 2013, will be used by the council as a community match which is required to secure additional funds for a desperately needed, new Senior Center. Crowley’s Nenana terminal serves as…
LCE Get $5.5-Million US Navy Logistics Contract
Life Cycle Engineering (LCE) has been awarded a $5.5 million contract by the Naval Supply (NAVSUP) Fleet Logistics Center (FLC), Puget Sound, Washington to provide process support to the U.S. Naval Ship Repair Facility and Japan Regional Maintenance Center (SRF-JRMC). LCE will work with the planning and engineering departments to develop and issue job summaries and task-group instructions in the Advanced Industrial Management (AIM) system for carriers and surface ships ported in Yokosuka, Japan.
Greg Scheu to Head Up ABB's N.America Business
ABB, the power and automation technology group, is realigning responsibilities in its Group Executive Committee (EC) to put a strong focus on acquisition integration and the significantly expanded North American business portfolio with the new appointment. Under these changes, Greg Scheu, who is currently responsible for Marketing and Customer Solutions (MC) on the EC, will lead the Group’s acquisition…
US$2-Million Jones Act Settlement for Seaman
Houston-based maritime law firm Schechter, McElwee, Shaffer & Harris recently obtained what is believed to be one of the largest settlements paid by the United States to a Jones Act seaman. According to court documents, their client, a 58-year-old seaman was working aboard the S.S. Cape Jacob, a military supply ship owned by the United States and operated by private contractor Matson Navigation, Inc.The vessel was docking in the port of Jangu, South Korea, on Aug.
Container Ship Owners Rickmers Q3 2013 Profits Up
Rickmers Maritime is a Singapore business trust formed to own and operate containerships under long-term, fixed-rate time charters to leading container liner companies. Achieved vessel utilisation rate of 99.9%; Kaethe C. Rickmers Maritime achieved an outstanding vessel utilisation rate of 99.9% in 3Q2013. Its fleet of 16 containerships is fully chartered out, all of which are on fixed-rate time charters with an average remaining charter period of 2.5 years. Moreover, the vessel Kaethe C.
Crowley Tugboat Makes Arduous Bering Sea Rescue
The crew of the Crowley Maritime Corp. tug 'Siku', operating in Western Alaska, recently rescued six men adrift in the Bering Sea. Shortly before the incident, the men’s 21-foot, aluminum skiff ran out of gas in Hooper Bay and was being quickly blown out of the bay and into increasingly heavy seas. Responding to a request by the Coast Guard, the crew of Siku, which was in the area holding for weather…
Canada's Most Powerful Tug Built With ShipConstructor
As a 100 metric-ton bollard pull ice class tug, the OCEAN Tundra is reportedly the most powerful harbor tugboat to ever be built in Canada. SSI's ShipConstructor CAD/CAM application was used to construct this vessel. SSI client Robert Allan Ltd. produced the design and SSI's dealer, Navware, and the associated marine engineering firm, Navtech, worked with OCEAN Industries during the production design and engineering of the tugboat.
DGX Boosts Middle East Service Offering
Dependable Global Express, Inc. (DGX), a global ocean freight forwarder, announces the appointment of Lily Sagherian as its Business Development Manager for DGX's new Middle East Trade Lane service.
Ocean Dredging Wins Mexican Contract
Ocean Dredging DSM Ocean inc., an Ocean sister company, will carry out a harbor dredging contract with its Mexican partner Dragados del Golfo, in Paraiso, a town located in the state of Tabasco in Mexico. The dredging of the port of Dos Bocas is a unique opportunity for Ocean and a first in Mexico. The dredging of the port of Dos Bocas will extend over a period of more than 60 days and a dozen Ocean employees will be required to carry out the work.
U.S. Court Case against Bollinger Dismissed
The United States filed a complaint against Bollinger Shipyards, Inc. in July 2011 based on allegations that "Bollinger knowingly misled the Coast Guard to enter into a contract for the lengthening of Coast Guard cutters by falsifying data relating to the structural strength of the converted vessels." The case was dismissed by U.S. District Judge Sarah Vance on October 21, 2013. Chris Bollinger, President of Bollinger Shipyards…
Nupas-Cadmatic Signs Software Contract with NAS
Nupas-Cadmatic has signed a deal with North American Shipbuilding (NAS), part of Edison Chouest Offshore and based in Larose, Louisiana. The contract includes the complete configuration of more than 50 structural, outfitting, electrical, production and nesting licenses. The deal was signed after a trial period that challenged the software’s capabilities. The test showed that Nupas-Cadmatic provides the yard with a wide range of benefits not covered by their former CAD/CAM software.
FMC Chairman Calls for Global Regulatory Summit on P3 Alliance
The U.S. Federal Maritime Commission Chairman, Mario Cordero, issued a call to fellow regulators in the European Union and the People’s Republic of China, to join with him in a Global Regulatory Summit on the proposed P3 Global Alliance of the world’s three largest container carriers, Maersk Line, CMA-CGM, and Mediterranean Shipping. The Summit would take place in Washington, D.C., with regulators to discuss their respective regulatory roles in considering the impact of the announced Alliance.
