NAT Announces 68th Consecutive Cash Dividend
Nordic American Tankers Limited (NAT) announced today that it has declared of a cash dividend for the 68th consecutive quarter, also reporting information about…
Dept. of Interior Fuel Barge Launched after Repairs
The Greenstone II, a U.S. Department of Interior fuel barge, was relaunched at Port Calcite upon completion of drydocking, repair work and inspections. The barge was hauled out at the Port Calcite facility in late May by Port Calcite Collaborative’s 440-ton Manitowoc 16000 crane. Schwartz Boiler of Cheboygan, Mich. performed the blasting, painting and repair work. Upon inspection and approval by the U.S. Coast Guard, the barge was returned to the water in late June.
IHC Seals Earn DNV GL Verification
IHC Sealing Solutions has received an important third-party verification from DNV GL, a ship and offshore classification society. This means that the company’s…
GPA Enters Mexican Offshore Market
Seattle-based Naval Architecture and Marine Engineering Company Guido Perla & Associates, Inc. (GPA) has been awarded a contract to deliver the Design Package and Class Approval Package for two GPA 150M FSVs. The ships for Enterprise Shipping, awarded in a contract to build two Fast Supply Vessels for Petróleos Mexicano (Pemex) earlier in 2014, will be constructed at Maritima de Ecologia S.A. de C.V., (Marecsa), a shipyard in Mazatlán, Mexico.
Demerger Proposed at Aker Solutions
The board of directors of Aker Solutions ASA has in accordance with the strategy disclosed April 30 resolved to propose to the company's shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services unit of Akastor, one of two companies that will emerge from the separation. Aker Solutions Holding ASA…
Great Lakes Limestone Trade Down in June
Shipments of limestone on the Great Lakes total 7,952,201 tons through June, a decrease of 14.7 percent compared to the same point in 2013. The decrease is even slightly larger when compared to the trade’s long-term average through June: 16.2 percent. Loadings out of U.S. quarries stand at 6.8 million tons through the second quarter, a decrease of 15.7 percent. Shipments from Canadian quarries total 1.1 million tons, a decrease of 8.6 percent.
Warbreck Contracted for Nuclear Submarine Project
Warbreck Engineering and Construction, a wholly owned subsidiary of the HS Ocean Group of Companies, has been awarded a marine contract by BAE Systems for the manufacturing…
Murray Fenton India Scales Another Height
Murray Fenton India, the Technical Services division of Bibby Ship Management (India) Pvt. Ltd, has been appointed by a consortium of banks as “Lenders Independent Engineers” for the ABG Shipyard Project. This project will require the Murray Fenton India team to monitor the construction of vessels, ship lift projects and expenditure at the ABG shipyards - Magdalla and Dahej - as well as oversee financial disbursements to the yard.
Cargotec to Supply Equipment for OSVs
MacGregor, a part of Finnish cargo-handling equipment maker Cargotec, has won an order to supply equipment for vessels to be built for Bumi Armada Berhad, a Malaysia…
KKR Takes Majority Interest in OEG Offshore Group
KKR invests in growth companies servicing the global offshore energy sector, including investments in Acteon, RigNet, Avincis (Bond Aviation) and Weststar. OEG is headquartered in Aberdeen…
Second Ivory Coast Container Port: Consortium Gets Cash
Banque Atlantique, SocGen and Afreximbank have raised 200 million euros (US$272.81 million) to start a second container terminal at Abidjan port in Ivory Coast [West Africa]…
USCG Responds to Boston Drydock Oil Spill
A U.S. Coast Guard (USCG) Sector Boston pollution response crew is responding to an oil spill from the USNS Fisher, drydocked at the Boston Ship Repair facility.
Container Census & Container Equipment Insight Publication
Described by publishers Drewry Maritime Research as the definitive Annual enhanced with quarterly updates released in July, October, January and April. The use of…
Coal-burning Steamship Joins NZ's New Safety System
Maritime New Zealand (MNZ) informs it is welcoming Real Journeys’ iconic steamship TSS Earnslaw into the new Maritime Operator Safety System (MOSS) - designed to improve operator and vessel safety.
I-Tech to Supply CMP with New Biocide Anti-fouling Ingredient
I-Tech says it has entered into a non-exclusive supply agreement with Chugoku Marine Paints Ltd (CMP) for use of I-Tech’s proprietary product, Selektope, in commercial antifouling paints.
UK Offers Substantial R&D Tax Breaks: Consultants
Accounting and consulting network Moore Stephens inform that as part of the UK government’s continuing aim to attract new companies to the UK to create growth and jobs…
Navy Partnerships Matter: RIMPAC in Action
The future is maritime partnerships maintains the US Navy in a recent news release. The world’s navies must be able to come together quickly to work on common interests…
Singapore's Ezra Holdings Profits Rocket
Ezra informs that it has sustained another quarter of growing revenues and improving operating performance with fiscal 9M 2014 revenues crossing the US$1 billion mark.
Shipbuilders Havyard 'First Taste' Program for 20 Youngsters
Norway's Havyard says that for two weeks 20 young adults have been participating in the company's introduction program, visiting some of the locations where it is located: Fosnavåg…
Towage Charges at Darwin to Rise
Towage charges at Darwin, Australia, will increase by 2.9% for A Class Tug services, and 5.8% for C Class Tug services from 1 August. [email protected]
