Euronav to Raise Capital through Bond Conversion
Euronav NV announced that on January 10, 2014 its share capital was increased following the exercise of the conversion option of 491 convertible bonds issued in 2013 and maturing in 2018.
USCG, Navy Responding to Disabled Sailboat off Va.
The Coast Guard is responding to a disabled sailboat with four people aboard in the Atlantic Ocean Tuesday approximately 300 miles east of Cape Henry, Va. A representative…
Seall Passage Planner Gains AIS Feature
Jargoon announced that a new interface to AIS Hub has been added to their Seall Passage Planner (SPP). The passage planning software which was launched in November 2013, provides Automatic Identification System (AIS) by using the SPP Virtual AIS Radar. This feature allows the mariner to quickly access the vessel traffic in any areas within the coverage of the Hub’s traffic tracking service, and display the collated data to the mariner during passage planning.
Coast Survey to Resove Magenta Line Issues
The Office of Coast Survey has announced that future editions of nautical charts of the Intracoastal Waterway will be updated to include an improved "magenta line" that has historically aided navigation down the East Coast and around the Gulf Coast. Additionally, Coast Survey will change the magenta line's function, from the perceived "recommended route" established more than a hundred years ago, to…
MacAndrews Purchase 25% Share in Progeco Bilbao
Following on last investment earlier in 2013 in the Rail Terminal in Murcia and the launching of the first Reefer Block Train operated in Spain linking Murcia with…
ITC Global Names Rouylou as Americas Executive VP
ITC Global has announced that it has named Jean-Michel Rouylou as its new Executive Vice President of Americas and Maritime Solutions. The move comes as the company expands its organization and establishes its Americas regional headquarters in Houston, Texas. The new appointment and regional headquarters are part of ITC Global's expanding presence as a premier satellite communications service provider to the oil and gas, mining and maritime markets.
MARAD Kicks-Off First National Maritime Strategy Symposium
The U.S. Department of Transportation’s Maritime Administration (MARAD) today welcomed industry stakeholders to the first-ever National Maritime Strategy Symposium, a three-day conference aimed at supporting the growth of the U.S. maritime industry and ensuring the availability of U.S.-flag vessels for our nation’s economic and national security. “More than 75 percent of all U.S trade is transported by water, making maritime trade a critical part of our country’s economy,” said U.S.
Reamco Opens Office in Aberdeen
Reamco Inc. announced the opening of a business development office in Aberdeen, Scotland, said CEO Ashley Lane. The new business development office will enable Reamco to better communicate with existing clients and aid in obtaining new business throughout the region. The office will be responsible for business development in the North Sea, Europe, Middle East and Africa. Tasked with developing the Aberdeen office…
DMCA Moves Forward with Maritime Safety Policy
The Dubai Maritime City Authority (DMCA) is proceeding with the implementation of its Maritime Safety Policy as part of the first-of-its-kind maritime sector strategy’s initiatives for developing, organizing and promoting Dubai’s maritime industry. The new policy reflects the commitment of local government authorities to providing all forms of support to consolidate Dubai’s position as a leading global maritime hub.
Today in U.S. Naval History: January 14
Today in U.S. Naval History - January 14 1813 - U.S. Frigate Chesapeake captures British brig Hero 1863 - Navy General Order 4, Emancipation Proclamation 1943 - In first submarine resupply mission, USS Gudgeon lands six men, 2,000 pounds of equipment and supplies on Negros Island. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Martek Launches World’s First Network-connected ECDIS
Innovative maritime electronics manufacturer, Martek Marine, releases its one-of-a-kind ECDIS offering to the market today. Named the iECDIS, Martek’s is the first model to integrate a GSM modem, offering automatic download and installation of charts, updates and notices to mariners, reducing the administrative burden associated with CD updates. The GSM modem uses a mobile network signal to keep iECDIS up to date anywhere with mobile signal…
Port of Kiel Reports 2013 Handling Performance
Rail/ship intermodal handling achieves double-digit growth. The port of Kiel said it successfully maintained a sound handling result in 2013. With a performance of 6.32 million tons the result for the previous year was even slightly surpassed by 12,000 tons resp. 0.2 %. The ferry lines form the backbone of the port’s business, rising up to 5.1 million tons (plus 1.3 %) and thereby making up more than 80 % of the total handling rate.
WASSP Goes Wireless with New Remote Mapping System
Award winning multi-beam sonar manufacturer WASSP Ltd. debuted its latest system – now for super yacht applications. WASSP-Wireless has been designed to address superyacht captains’ concerns about underwater obstacle avoidance, hull damage or grounding the vessel. Suited for use when navigating in unknown waters or where marine charts lack sufficient detail, WASSP-Wireless aims to take the risk out of the equation for the captains of these very large and very expensive vessels.
Ferguson Appoints Team of Industry and Product Experts
The Ferguson Group announced the appointment of industry experts to be based at its Aberdeen headquarters. The newly appointed team will offer technical support to the group’s international bases and provide advice and guidance to partners and customers alike. The new team, with a wealth of specialist knowledge and experience in fluid management, waste solution management and International markets…
Three Crewmen Rescued from Vessel Blaze
Three crewmen have been rescued off Lowestoft this afternoon after their vessel caught fire in the North Sea. Humber Coastguard coordinated the rescue operation after the crew abandoned the ECC Topaz 10 nautical miles east of the town. The vessel had been heading out to service a windfarm when the blaze struck just before 1 p.m. The crew, who were wearing lifejackets, managed to get into a liferaft while they waited to be rescued by the Search and Rescue helicopter from RAF Wattisham.
Windfarm Service Ship Burns, Sinks; Three Crewman Saved
Three crewmen have been rescued off Lowestoft this afternoon after their vessel caught fire in the North Sea, the Humber Coastguard reported. Humber Coastguard coordinated…
New Wärtsilä X72 Powerplant Passes Crucial Test
Wärtsilä said that the first ever Wärtsilä X72 mid-bore, low-speed engine has successfully passed the factory acceptance test. This milestone verifies that the engine…
Hyundai Heavy Adds Trans Marine Propulsion to Service Network
Seattle and Florida based Trans Marine Propulsion Systems, Inc. (TMPS) has been added as a member of heavy industries company Hyundai Heavy Industries - EMD’s (HHI…
Statoil Awards Siemens Wind Farm Service Contracts
As operator, Statoil has awarded two contracts to Siemens plc for the engineering, supply, assembly, commissioning and service of 67 wind turbine generators for the Dudgeon Offshore Wind Farm project. The wind turbine generator (WTG) supply contract will cover engineering, procurement, assembly and offshore commissioning. Each turbine (6 MW) consists of a tower section, a nacelle and three separate rotor blades (154-meter rotor diameter).
Tsakos Declares Limited Dividend
Tsakos Energy Navigation Limited Declares Dividend on Its 8.00% Series B and 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares. Tsakos Energy Navigation Limited…
