"Disappointing Fourth Quarter" for Odfjell
Odfjell SE reported that fourth quarter shows EBITDA of $18 million, compared with $17 million in the fourth quarter of 2012. Time-charter results are down 5% compared with last quarter due to lower volume shipped. Impairment of net $76 million recognized related to Odfjell Terminals (Rotterdam) (OTR). Activities slowed somewhat during the fourth quarter, Odfjell said, and combined with significant delays…
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
ClassNK Joins SOx Scrubber Research
Leading class society ClassNK has announced that it will participate in a new joint development project to install and verify the effectiveness of new Sulfur Oxide…
MacGregor’s New Lashing Bridges Ordered
MacGregor, part of Cargotec, has secured an order for lashing bridges for three 18,000 TEU container ships to be built at Waigaoqiao Shipyard in China. The contract includes the design and fabrication of the lashing bridge steel structure of approx. 5,400 tons, and an option for three further vessels. The new plate type three tier high lashing bridges are a combination of steel profile and plate construction and provide advantages in terms of weight…
Artificial Lift Relocates to Houston
Artificial Lift Company has moved its headquarters to Houston from Great Yarmouth, United Kingdom, the company’s president and chief executive officer, David Malone, announced. Situated in the Westchase District near the Energy Corridor, the Artificial Lift’s offices and warehouse total 28,000 square feet with 40 employees based at the location. While supporting global operations, its headquarters consist of engineering, manufacturing, operations and general support services.
USCG Selects Eastern as OPC Project Finalist
Eastern Shipbuilding Group, Inc. of Panama City, Fla. announced it has been selected as one of the three finalists to design the United States Coast Guard’s new Offshore Patrol Cutters (OPC). In accordance with the terms of the $22 million dollar Phase I finalist award cap, Eastern said it will spend the next 18 months finalizing the engineering and ship design in order to become the final shipyard selected to build the first OPC.
Today in U.S. Naval History: February 13
Today in U.S. Naval History - February 13 1854 - Admiral Perry anchors off Yokosuka, Japan to receive Emperor's reply to treaty proposal 1913 - Naval Radio Station, Arlington, Va. begins operations 1945 - First naval units enter Manila Bay since 1942 1968 - Operation Coronado XI begins in Mekong Delta For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Mammoet Wins Costain Partner of the Year
Engineered heavy lifting and transport company Mammoet won the Costain “Achieving Excellence” Award for Supply Chain Partner of the Year 2013. On February 6, a team representing Mammoet attended the annual Costain Awards Ceremony. The company had been nominated for this award on the back of their continued excellence during the execution of the Evap D Project at the Sellafield Nuclear site. Mammoet…
Tomley to Oversee Long Beach Green Port Programs
The Long Beach Board of Harbor Commissioners this week appointed Heather A. Tomley as the new Director of Environmental Planning. She will be charged with leading Green Port environmental initiatives. Tomley has been serving as the City of Long Beach Harbor Department’s Acting Director of Environmental Planning since July 2013. She will report to Managing Director of Environmental Affairs and Planning Rick Cameron.
Colfax Acquires Victor Technologies
ESAB, a member of the Colfax group of companies, has announced that Colfax has entered into a binding agreement to acquire Victor Technologies Holdings, Inc. The acquisition brings together two leading organizations with world-class products, technologies and R&D. In its 110th year, ESAB is one of the largest and most experienced manufacturers of welding and cutting products with sales and support established in 80 countries and manufacturing plants across five continents.
What’s in Your Engine Oil?
Volvo Penta of the Americas is offering customers an Oil Analysis Program designed to make it easy to obtain expert diagnostics of engine oil. The program is available for all Volvo Penta diesel and gas engines. Engine oil analysis provides a basic driveline “health check” for an engine, yielding a wealth of information on what’s going on inside. With this information, you can plan your maintenance more effectively and reduce the risk of unplanned downtime and repair expenses.
Simrad Debuts RS90 VHF Radio
Simrad, designer and manufacturer of marine electronics, has announced its powerful and versatile new modular, black box VHF radio, the RS90. Packed with innovative…
Aquatic Enhances Offshore Personnel Training
Aquatic Engineering & Construction Ltd., an Acteon company, has worked with specialist health and safety training provider Survivex, to create a bespoke course for its offshore teams who work at height using harnesses. Aquatic’s modular reel drive systems can stand up to 7m high when assembled, and the company’s offshore teams must use harnesses and ladders to complete the assembly. In addition to teaching best practice during normal operations…
Mercury Introduces 200 Pro FourStroke
Mercury Marine introduced its new 200 Pro FourStroke outboard today at the Miami International Boat Show. The engine, the third in the Pro FourStroke family, combines the incredible acceleration and top speed of other Mercury Pro series outboards, including the OptiMax Pro XS, with the pleasingly quiet, smooth operation of the Mercury Verado. The 200 Pro FourStroke is built on the same six-cylinder Verado outboard platform as the 250 and 300 Pro FourStroke models…
Stena Bulk Invests in Six Chemical Tankers
Stena Bulk/Stena Weco and Golden Agri (GAR) have invested in a further six chemical tankers. Golden Stena Weco, which is a joint venture between Stena Weco and Golden Agri-Resources (GAR), will be responsible for the commercial management. The main aim of the investment is to ensure that Golden Stena Weco has the necessary resources to meet its own transport needs and, by means of efficient commercial and operational management…
Keppel FELS to Build Three Jackups
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS…
Drifting Bulker Towed from Mid-Atlantic
Fairmount Marine said its tug, Fairmount Glacier, has safely delivered bulk carrier Cassiopeia Star in the port of Las Palmas, Canary Islands. The bulker was picked up during bad weather on the mid-Atlantic where she was drifting with main engine problems. Fairmount Marine, a marine contractor for ocean towage and heavy lift transportation, was contracted by Tsavliris Salvage to assist. After steaming at full speed for 1…
Johan Sverdrup Field Concept Selected
Statoil and the partners in the Johan Sverdrup field have decided on a concept for the first development phase. The partners have agreed on a field center consisting of four installations and power from shore. The partners have decided on power from shore for the Johan Sverdrup field in the first phase, which will reduce total CO2 emissions from the Utsira High area by 60-70%. “This is historic. We have not made a concept selection for a field this size since the 1980s…
MHI, Mitsubishi Kakoki Develop Hybrid SOx Scrubber
Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Kakoki Kaisha, Ltd. (MKK) have jointly developed a Hybrid SOx Scrubber System that efficiently removes sulfur…
Double Eagle Pipeline Fully Operational
Double Eagle Pipeline LLC, a 50/50 joint venture between Magellan Midstream Partners, L.P. and Kinder Morgan Energy Partners, L.P.,today announced that the entire pipeline system…
