Aden Port Regains Transshipment Business
Aden Port Development Company and a number of its staff received the giant container ship Ever Logic of Evergreen Shipping Line with a length of 335 meters and a tonnage of 8452 TEU…
Ensco plc Declares Cash Dividend
Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.75 per Class A ordinary share payable on 19 December 2014.
SERS Partners IEMS for Enhanced Oil Spill Response Services
Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based…
Russia & China Agree on Gas Supplies
As part of the APEC summit in Beijing, a number of documents related to the Russian-Chinese cooperation in the energy sector were signed today in the presence of…
Lamprell Wins Daman Corporate Health Award
Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry is delighted to announce that…
TE Connectivity Debuts INSTALITE Boots
TE Connectivity (TE) announced its new INSTALITE Molded Boots that are up to 30 percent lighter than TE standard -25 boots. These high-performance heat-shrink boots…
Marine Coatings Market Worth $10.4b by 2019
The research report, "Marine Coatings Market by Type (Anti-corrosive, Anti-fouling, and Others), and based on Chemistry (Epoxy, Polyurethane, and Others) - Global Trends & Forecasts to 2019"…
UK Detains 6 Foreign Flagged Ships in October
The Maritime and Coastguard Agency (MCA) announced that six foreign flagged ships were under detention in UK ports during October 2014 after failing Port State Control (PSC) inspection.
Matson To Acquire Horizon's Alaska Operations
The transaction has the value of $0.72 Per Common Share Plus Repayment of Debt; acquisition Accretive to Matson's Earnings and Cash Flow. Separately Horizon to Sell…
AAPA Honors Three for Port Industry Service
The American Association of Port Authorities (AAPA) – a trade group representing ports throughout the Western Hemisphere – today at its 103rd Annual Convention and…
Faststream Adds Eight Recruiting Staff
Recruiting hires reflect demand for talent in the oil and gas and maritime sectors, across the U.S. Faststream, an oil and gas and maritime recruiting and staffing services company, hired eight recruiters in its Houston and Fort Lauderdale offices to focus solely on placing talent within the oil and gas and maritime sectors, reflecting the market needs and industry demands for qualified, experienced and well-trained talent.
Crowley, IbisTek Form Joint Venture
Crowley Maritime Corp. and IbisTek, LLC, have announced the formation of a joint venture, called IbisTek Crowley Limited, to provide a comprehensive package of project logistics…
Stolt-Nielsen Board Declares Interim Dividend
Stolt-Nielsen Limited today announced that the company's board of directors approved the payment of an interim dividend of $0.50 per Common Share on December 11…
Liberian Registry, MOL Provide Supplies to Ebola-hit Liberia
The Liberian Registry has used a $10,000 donation from Mitsui OSK Lines (MOL) to procure medical supplies to help combat the spread of Ebola in Liberia. The supplies, comprising essential materials and medical equipment such as PPE (Personal Protective Equipment) suits, gloves, goggles and respirators, arrived in the Liberian capital, Monrovia, on November 5. They were shipped by air from the United States by TNT, which covered all shipment costs.
IBIA Offers Industry Support in Wake of OW Bunker Collapse
The International Bunker Industry Association (IBIA) has announced a series of measures to support companies and individuals impacted by last week’s collapse of OW Bunker.
Parker Kittiwake Doubles Emissions Analyzer Production
Parker Kittiwake, part of the Parker Hannifin Corporation and the supplier of Continuous Emissions Monitoring Systems (CEMS) for marine applications, has doubled its manufacturing capacity in direct response to an increase in industry demand ahead of the imminent 2015 ECA deadline. As a result of the increase in orders over the last year, the company has doubled its revenue. Parker Kittiwake said in-situ CEMS are the most effective method for measuring emissions…
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.
Condition Based Monitoring & Saving Cash
Profitability in shipping goes up and down in waves. 2012 wasn’t too bad, with annual operating costs shrinking by 1.8% on average versus 2011, when average costs rose 2.1%, but 2013 weighed anchor in the losses column for many. And 2014? So far the waters are choppy, with the overall mood up in May but dipping down in the quarter that ended in August, according to Moore Stephen’s quarterly Shipping Confidence Survey.
US Navy Orders More RIBs from Willard Marine
The U.S. Navy has awarded Willard Marine, Inc. a contract for a new generation of 11-meter RIBs for standard ship’s boat operations. To date, eight standard craft with an Open Center Console (OCC) configuration and two OCC LPD-17 class variants have been ordered. This contract specifies Cummins QSB 6.7-liter 380-hp twin engines paired with Hamilton Jet HJ292 waterjets. Each vessel will have aft seating…
Design (R)Evolutions
While the maritime industry is widely labeled ‘conservative’ in its adoption of new technologies to make operations more efficient and cost effective, recent years have seen a decided uptick in the level and sophistication of design, external and internal, across the maritime spectrum. Following are some recent revelations that could work their ways onto a waterway close to you in the near future.
