Louisiana Southwest Pass Dredging in Progess
GAC informs that until approximately July 8, 2014, the dredge G.D. Morgan will be conducting dredging of shoal material in the vicinity of Southwest Pass of the Mississippi River.
Aker Fined $8.5M for Insider Trading
Norwegian holding company Aker will pay an $8.5 million fine for insider trading in shares of a company it controls, the oil services firm Aker Solution, the holding company said on Friday.
Britain Seeks Tenant for BAE's Portsmouth Shipyard
Britain has appointed agents to find a tenant for the country's historic Portsmouth dockyard, which is due to be vacated by BAE Systems by the end of the year as the defence contractor shuts its shipbuilding activities in the city. BAE's announcement in November last year, which will affect 940 jobs, signalled the potential end of more than 500 years of shipbuilding in Portsmouth on England's south coast. The company plans to consolidate operations at its yards in Glasgow, Scotland.
Indian Ports' Coal Import on the Rise
India's major state-owned ports handled 17 percent more imported coal in the fiscal year ended March, according to data from the Indian Ports Association (IPA),…
U.S. Crude Jumps $1 on Jobs Data, Libya Doubt
Crude oil prices on both sides of the Atlantic rose on Friday as data showed strong jobs growth in the United States and investors cast doubt on reports Libya's oil ports were about to reopen.
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.
Europe Gasoline Stronger, Exports Brisk
Gasoline barge prices in northwest Europe rose on Friday, boosted by brisk cargo exports as demand builds ahead of the peak summer driving season. "Things are perking up," said one trader.
North Sea Crude: Forties Stronger, May Supplies Down
North Sea Forties crude differentials rose for a third day on Friday as the May loading schedule showed a drop in supplies from this month. The supply of North Sea…
Nakilat Venture Gets Qatar Military Ship Order
Qatar Gas Transport Co (Nakilat) said on Tuesday that a joint venture between it and Dutch shipbuilder Damen had won orders worth 3.1 billion riyals ($850 million)…
NSRP to Launch Shipbuilding Research Project
On April 3, 2014, The National Shipbuilding Research Program (NSRP) issued a pre-solicitation notice in anticipation of Research Announcement 13-01 being issued in June 2014. This Research Announcement will be soliciting summary proposals that respond to priorities in the program’s Strategic Investment Plan, including areas of particular interest that will be identified in the Research Announcement.
Chinese Soy Project in Brazil: Just an Empty Field
No signs identify a barren field in northeastern Brazil that was meant to be the center of one of China's most ambitious agricultural forays into South America.
Icebreaking Postponed in Saginaw Bay
The U.S. Coast Guard (USCG) postponed an icebreaking operation originally scheduled to begin Sunday morning in the vicinity of the Saginaw Bay Entrance Channel.
US Flies Italian Exec to Florida in Extradition
The United States has extradited a former executive of an Italian marine hose manufacturer to face price-fixing charges in what the Justice Department said was its…
Ashton Hosts Maritime Security Event
Catherine Ashton, High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, hosted a meeting on Tuesday in Brussels…
NOAA's Paper Charts are here to Stay
It won't be long before mariners and the boating public will have a wider choice of options and special services when they purchase NOAA paper nautical charts, thanks to NOAA's expanded "print-on-demand" chart production and distribution system, Coast Survey officials announced today. This week, Coast Survey certified new print-on-demand chart printing agents, and gave them the flexibility to offer different color palettes, various papers, a cleaner margin, and a range of services.
Today in U.S. Naval History: April 4
Today in U.S. 1854 - Sailors and Marines from sailing sloop, Plymouth, protect U.S. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Fluxys Terminal to Tranship LNG for Yamal
Yamal LNG, a Russian project to produce liquefied natural gas from 2017, has chosen Fluxys' terminal in Zeebrugge, Belgium, as the transhipping point for gas from the peninsula in northern Russia.
Russia Sacrifices Gazprom Profit for Politics in Ukraine
Russia's top natural gas producer, Gazprom, will eventually lose more than it gains from raising the gas price for Ukraine by 80 percent, analysts said on Friday…
W.Africa Crude-Traders on Sidelines
West African oil differentials were unchanged on Friday, with traders on the sidelines as they assessed the impact of lower North Sea supply and awaited a clearer outlook for Libyan exports.
Rolls-Royce Secures Offshore Vessel Order
Global power systems company Rolls-Royce signed an £11 million contract with Spanish shipyard Gondan for a wave piercing offshore vessel to be delivered to Simon Møkster Shipping in Norway. According to Rolls-Royce, the vessel is designed to pierce through the waves under harsh weather conditions, making it possible to keep a more constant speed, reduce the use of fuel and increase on board safety.
