Freeport Says Indonesia Exports Could Resume Soon
Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate…
SHIPPINGInsight 2014 Agenda Announced
The organizers of SHIPPINGInsight 2014 report that the agenda has been finalized and all speaking positions and sponsorships have been 100 percent filled. Now entering its third year, SHIPPINGInsight is a technical and ship operations conference, exhibition and networking event. It will take place Sept. 30-Oct. 2 at the Sheraton Hotel in Stamford, Conn. SHIPPINGInsight 2014 will encompass two events: the one-day Marine LNG Symposium Sept.
Kito Americas Acquires Peerless Industrial
Kito Americas, Inc. announced today that the company has entered into a stock purchase agreement to acquire Peerless Industrial Group from Westview Capital Partners II, L.
Trading Dutch Well Placed to Pursue Russia Sanctions
The seafaring Netherlands prides itself on being a trading nation, reluctant to let politics get in the way of a good deal. But since the downing, allegedly by Moscow-backed rebels in eastern Ukraine…
Oil Companies Bidding for Blocks in Colombia
Oil companies were bidding on Wednesday for 95 oil areas Colombia is offering for exploration and production in an effort to raise output from around 1 million barrels…
Today in U.S. Naval History: July 23
Today in U.S. 1947 - First Navy all jet squadron (VF-17A) receives its first aircraft (FH). 1948 - USS Putnum (DD-757) evacuates U.N. team from Haifa, Israel and becomes first U.S. Navy ship to fly the U.N. flag. 1958 - USS Nautilus (SSN-571) departs Pearl Harbor for first submerged transit of North Pole. 1993 - Sarah Deal becomes first woman Marine selected for naval aviation training. For more information about naval history…
Navios Announces VLCC Delivery
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered…
Giant Rubber Duck Returns Larger than Ever
How do you lose a 59-foot giant rubber duck? Torrential downpours and heavy flooding helped accomplish that task in China last week; but the loss of the enormous bath toy won’t impede plans for the duck’s West Coast debut at the Tall Ships Festival Los Angeles on Aug. 20. According to Craig Samborski, executive producer of the Tall Ships Festival Los Angeles, not only will the gigantic rubber duck be on hand, but will be larger than the 59-foot model last seen in Taiwan.
VIDEO: HMS Queen Elizabeth Floats Out
A timelapse video of HMS Queen Elizabeth floating out of her dock for the first time is now available at http://www.youtube.com/watch?v=P0ZjQz9vEKw. The float out of the 65,000-metric-ton aircraft carrier took place last Thursday, July 17, at the drydock in Rosyth near Edinburgh. Teams will now continue to outfit the ship and steadily bring her systems to life in preparation for sea trials in 2016.
GE, LR Study Gas Turbines for Commercial Ships
GE Marine and Lloyd’s Register report they have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship projects. GE Marine is one of the world’s leading manufacturers of marine propulsion systems, products and services. Lloyd’s Register helps clients to safely design, build and maintain ships, oil rigs, rail networks and power stations, and is a key player…
Hyundai Heavy Industries Develops HiCASS
Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in Korea to ensure safe and optimum navigation of the vessels. The system searches the optimum sea routes and prevents collisions by automatically detecting potential obstacles such as ships and reefs within 50 km. In addition, the enhanced accuracy of the system enables vessels to identify hazards based on the type of vessel…
USCG to Assist Jamaica with MRO
Jamaica’s readiness for Mass Rescue Operations (MRO) in its maritime space will be boosted July 22-24, 2014 with the assistance of a subject matter expert from the U.S. Coast Guard, who will conduct a comprehensive training workshop for representatives with the relevant ministries, departments and agencies within the Government of Jamaica. The island is a key destination for cruise ships and a major air transportation hub.
Costa Concordia: Operations to Tow the Wreck Begin
Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people.
Thai Resort Owners Sue State Owned Company for Oil Spill
Business owners on Koh Samet island are suing a state-owned petroleum enterprise for the oil spill that polluted the resort island's beaches last year. More than 50…
Bahrain US$35-M Land Reclamation Contract for GLDD
Provider of dredging services in the United States and a major provider of environmental & remediation services, Great Lakes Dredge & Dock Corporation (GLDD) says…
Nigerian Piracy Threatens UK Interests: New Report
The UK economy is heavily exposed to lawlessness off the coast of Nigeria, a new report published today by the UK Chamber of Shipping says. The report found that…
Global Ocean Trade: Latest Shipbuilding Orders
No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders.
SIA to Honor Honeywell's Gordon Hope
The Security Industry Association (SIA) says it has chosen Gordon Hope, general manager of Honeywell's AlarmNet communications network, as the 2014 recipient of the George R. Lippert Memorial Award.
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