MR Interview: Erik Ceuppens, SVP, Satellite Communications, Airbus Defense & Space CIS
Transformation in the maritime communication sector continues, as Airbus Defense and Space announces plans to sell its commercial satellite communications business. MR spoke with Erik Ceuppens, SVP, Satellite Communications, Airbus Defense & Space Communications, Intelligence & Security (CIS), to help put the development in perspective. The maritime communications sector has been in near continual flux for nearly two decades, with merger and acquisition activity a constant.
They Said It ... Paul N. Jaenichen, U.S. Maritime Administrator
"Billions of dollars are being invested to meet the demands of oil production, and nearly 30 large, self-propelled, oceangoing Jones Act-eligible tankers and containerships are under construction or are on-order at U.S. Shipyards. Although times are good, throughout history, shipbuilding has followed a very cyclical pattern. Right now we are experiencing a big upswing in smaller vessels, offshore supply vessels, and large commercial ships.
Cotton, Cox, Harris Receive '14 AOTOS Awards
The United Seamen's Service (USS) 2014 Admiral of the Ocean Sea Awards (AOTOS) were presented to Stephen Cotton, General Secretary of the International Transport Workers' Federation (ITF); Joseph J. Cox, President/CEO, Chamber of Shipping of America; and Frederick J. Harris, President of General Dynamics NASSCO and Bath Iron Works, an American shipbuilder. The maritime industry's most prestigious awards…
Boskalis Takes a Stake in Fugro
European stocks inched higher on Monday as acquisition hopes fuelled gains for oil services firms after Dutch group Boskalis took a stake in Fugro. Fugro jumped…
As Oil Prices Drop, Rigs Go Off-Line
Transocean Ltd, the owner of the world's largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure due to slowdown in an oversupplied rig market. The drilling contractor's shares rose as much as 3 percent in early trading after the company reported better-than-expected quarterly results on Monday. The recent slide in oil prices has weighed on demand for offshore services as oil and gas producers cut costs.
LR 's Sadler Wins Maritime Fellowship Award
Richard Sadler, CEO of Lloyd’s Register Group Ltd (LR), was honored with the Maritime Fellowship Award at the Maritime Foundation’s Maritime Media Awards. The Maritime Foundation is a charity promoting Britain’s interests across the entire maritime sector. Its purpose is to inform and raise public and parliamentary awareness of the importance of Britain’s maritime industries, commerce and defense through education…
WHOI: Fukushima Radioactivity Detected Off West Coast
Monitoring efforts along the Pacific Coast of the U.S. and Canada have detected the presence of small amounts of radioactivity from the 2011 Fukushima Dai-ichi Nuclear…
Damen Delivers Tug for Scrabster Harbor
Scrabster Harbor Trust (UK) has taken delivery of a new harbor tug / workboat, a Damen Stan Tug 1606. The vessel, named Highlanders, will replace itscurrent workboat which was built in 1976. The new tug will undertake pilotage, towing, general harbour and maintenance duties. Scrabster Harbour in northern Scotland is attracting much larger vessels and cargoes in need of larger tugs for their assistance.
Diana Buys Another Containership
Diana Containerships Inc. (NASDAQ: DCIX), said that on November 5, 2014, it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase from an unaffiliated third party a 2005-built Post-Panamax container vessel of approximately 5,000 TEU capacity, the m/v “Santa Pamina”, for a purchase price of $15.95 million. The vessel is expected to be delivered to the Company from the sellers by the end of November, 2014.
Kongsberg Maritime Launches K-Sim Navigation
Kongsberg Maritime has unveiled its latest generation ship’s bridge simulator, K-Sim Navigation, which meets the requirements of the most demanding navigation training for merchant, offshore and naval vessels. Designed for the future of advanced and integrated simulation training, K-Sim Navigation is based on a new cutting-edge technology platform enabling more realistic training scenarios and enhanced user benefits for both instructors and students.
Hamburg Süd Raises Goal for CO2e Reduction
Hamburg Süd has achieved its environmental goal of reducing the CO2e emissions of its fleet by 26% by the year 2020, compared to 2009, well ahead of schedule. This is due to a number of measures. These include investments in the energy efficiency of the shipping company’s own ships, the expansion of the average ship size within the newbuilding program, the chartering of energy-efficient ships and the further optimization of vessel deployment.
Songa Beats Street, But Sees Market Weakness Ahead
Norwegian rig company Songa Offshore reported a forecast-beating core profit for the third quarter although it said weak demand for drilling rigs would remain subdued…
PDVSA's Cardon Refinery Slowed by Equipment Outages
Venezuela's state oil company PDVSA said its 310,000 barrel-per-day Cardon refinery was hit by an electrical fault during a weekend storm, resulting in the halting of some units.
Wärtsilä Dual-Fuel Solution for Icebreaking LNG Carriers
The Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea has ordered a total of 54 Wärtsilä dual fuel engines to power 172,600 cbm icebreaking LNG carriers being built for use in arctic conditions to serve the Yamal LNG project in Northern Russia. The ships will be owned by one joint venture between Teekay LNG Partners of Canada and China LNG Shipping (CLNG), and another joint venture between China Shipping LNG Investment Co.,Ltd. (CSLNG) and Japan based Mitsui O.S.K.
Fincantieri & Technip JV for Offshore Market
Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets.
Further Developed Gas Engines from Liebherr
At the EnergyDecentral 2014 Liebherr-Component Technologies AG will be presenting its further developed and completely equipped gas engines. Apart from the base version engines offered until now…
Fracking Inquiry Puts Aussie Energy at Risk
The South Australian Liberal Party risks damaging investor and public confidence in the natural gas industry by moving to establish a Parliamentary inquiry into…
USS Ross Arrives in Turkey
The Arleigh Burke-class guided-missile destroyer USS Ross (DDG 71) arrived in Istanbul, Turkey, for a scheduled port visit, Nov. Ross’ visit to Turkey reaffirms to NATO allies that the U.S.
Additional Fosun Reps Appointed on ROC Board
The Board of Roc Oil Company Limited (ROC) has today announced the appointment of Dr Yuanlin JIANG, Mr Yao XU and Mr Qunbin WANG as Non-Executive Directors of ROC…
Keppel T&T Proposes Listing of Keppel DC REIT
Keppel Telecommunications & Transportation (Keppel T&T) has today issued a circular to Keppel T&T shareholders together with a notice of extraordinary general meeting (EGM).
