Asia Dry Bulk-Capesize Fall on Cargo Woes
Rates for capesize bulk carriers on key Asian routes are again likely to fall as the volume of tonnage limits any price gains from an increase in chartering activity, brokers said.
Wärtsilä Bags Wagenborg's Maintenance Contract
Wärtsilä and Wagenborg Shipping B.V. have signed in June 2014 a six-year Maintenance Agreement for fifteen of Wagenborg's dry cargo carriers. Under the agreement…
Dayang Shipbuilding Delivers 200th Ship
An IMR GPA696 was recently christened and delivered at Dayang Shipbuilding Co. on October 15, 2014, a significant milestone in that the ship is the 200th ship built since the company was founded 10 years ago. Representatives from the government, banks, Bourbon, BV, supervisors and suppliers were on hand. Dayang Shipyard is one of the construction bases of the Sinopacific Shipbuilding Group (SINOPACIFIC).
Sohar Port Challenges Gulf Rivals
Gulf of Oman port bids to become transhipment centre for region; to more than double container capacity by 2017. Part of Oman's drive is to industrialise, diversify beyond oil.
Maersk Supply Service Orders Six Offshore Vessels
Maersk Supply Service, a unit in Danish conglomerate A.P. Moller-Maersk, said on Thursday it has placed an order for six new large anchor-handling tug supply vessels from Kleven Maritime in Norway.
Making the Case for Glycerine as Clean Marine Fuel
After a year of intense activity, Marine South East’s GLEAMS (Glycerine Fuel for Marine Sustainability) project has concluded that Glycerine is a viable, exceptionally clean alternative marine fuel. Over the course of the initiative the project consortium gathered evidence and conducted analysis to prove that glycerine is a technically viable, very low emissions alternative fuel for the marine market.
New Underwater Beacon for Ship's VDR
RJE International has a new line of underwater locator beacons for Voyage Data Recorders (VDR’s) on large ships. The ELP-362M series of beacons is mounted on a ship’s…
Transocean to Raise Money with Caledonia Offshore Offering
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that Transocean Inc., its wholly-owned subsidiary, intends to proceed with an unregistered offering of shares of Caledonia Offshore Drilling Company…
RH Petrogas’ Gets Green Light on Fuyu 1 Block
The approved ODP allows KRL to operate and drill up to 1,008 wells in Fuyu 1 Block over a course of five years. RH Petrogas Limited, which is engaged in the business of exploration…
Bouchard Simulation Center Opens at SUNY Maritime
SEPTEMBER 15, 2014, New York, NY – Today in New York Morton S. Bouchard, III and many local maritime dignitaries officially opened The Bouchard Transportation Co., Inc. Tug & Barge Simulation Center on the campus of the State University of New York (SUNY) Maritime College. Captain Robert Glas, Vice President of Regulatory Affairs at Bouchard Transportation made the traditional ribbon cut with the comically sized pair of scissors, as Morton S.
NUWC Newport Dedicates New Research Facility
The Naval Undersea Warfare Center (NUWC) Division Newport dedicated a new $24.9 million Virginia Payload Tube Facility (VPTF) with a ribbon cutting today, Wednesday, October 15. The ceremony was followed by an opportunity for businesses with an interest in the technology to tour the facility and learn about its capabilities. Rhode Island Governor Lincoln Chafee, U.S. Senator Jack Reed and U.S. Congressman James Langevin attended the ceremony.
Crowley Christens New Ocean Class Tugboat
As part of the company's new vessel build program, Crowley Maritime Corp. christened the latest of its four tugboats in the ocean class series, Ocean Sun, today in Lake Charles. The ceremony served to formally welcome the fourth dynamic positioning 2 (DP2) tugboat to the company’s expanded ocean towing fleet, which has been involved in most of the major offshore oil production installations in the U.S. Gulf of Mexico over the past 18 months.
Sen. McConnell Named Champion of Maritime
Kentucky ranks top five in nation for U.S. Today, Sen. Mitch McConnell (R-KY) was named a Champion of Maritime by the American Maritime Partnership (AMP), the voice of the domestic maritime industry. As U.S. Senate Minority Leader, McConnell has consistently supported the critical role the domestic maritime industry and the Jones Act play in America’s national, economic and homeland security. McConnell’s home state of Kentucky ranks fifth in the nation in per capita domestic maritime jobs…
US Confirms Duties on China's Refrigerant Imports
The U.S. Department of Commerce confirmed steep duties on imports of refrigerant gas from China on Wednesday, saying the goods were sold too cheaply in the United…
SSI's PublisherLT Webinar Postponed
Due to illness of one of the presenters, SSI's free webinar on its EnterprisePlatform PublisherLT software has been postponed by one week to Wednesday, October 22, 2014 at 8 a.m. PDT.
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.
Stevens Receives Port Grant to Bolster Coastal Resiliency
Stevens Institute of Technology has received a five-year, $6.6 million research grant from the Port Authority of New York/New Jersey (PANYNJ) to improve preparedness…
SC Ports Authority Container Volume Up 13%
Today SC Ports Authority announced 13 percent year-over-year increases in container volume through the first quarter of the 2015 fiscal year. SCPA handled 150,790 twenty-foot equivalent units (TEUs) in September, up 13.4 percent over the same month in 2013. Container volumes are 10.3 percent ahead of plan for the fiscal year, which began in July. From a calendar year perspective, TEUs are up 11.5 percent over 2013 levels.
Innovation Goes Global: Safely Testing Marine Bollards
A UK-based manufacturer has come up with a new solution for safely testing marine bollards and is now planning to take the innovation global. Working with the Manufacturing Advisory Service (MAS), Tyne and Wear Marine (TWM) has spent the last year developing the ‘Bollard Load Test’ (BLT), which uses a powerful hydraulic ram and specialist torque rope to recreate more than 100 tons of ‘pull.’ This breakthrough replaces the traditional method of a tug pulling against the bollard…
Barging Right into LNG
A raft of new and innovative concepts for LNG barge missions hits the market, in North America and across the pond, as well. Industry gears up for the soon-to-come need for bunkering…
