OSI Maritime Systems Opens Australian Office
OSI Maritime Systems (OSI) announced the official opening of its newest office, in Canberra, Australia. Located in the suburb of Fyshwick, the Canberra office will…
The No-Emissions Workboat (Really!)
There’s no debate about LNG in New York. ELCO, New York State Canals team up to retrofit 86-year old tugboat with an electric motor. In June, Governor Andrew Cuomo…
Skip, Skip, Skip to the Loot
Options abound for operators to make timely payments and maintain access to funding. There are many different operating models in the commercial marine universe.
Business, Bankruptcy, Bad Debt – and You
Everyone knows that doing business with payment terms providing for payment in the future poses a risk. Our clients often contact us asking us to write letters and…
Royal Navy of Oman Takes Delivery of Damen Clipper
On September 12, the Royal Navy of Oman formally accepted ownership of its new sail training vessel at a ceremony at Damen Schelde Naval Shipbuilding in Vlissingen, the Netherlands. The three-masted steel clipper, named RNOV Shabab Oman II, will sail the world’s oceans as an ambassador for Oman, demonstrating the country’s centuries-old maritime tradition. The 87-metre vessel is Damen's third such clipper, proving the value of Damen’s reliable craftsmanship and engineering.
BHP Considers London Listing for Demerged Company
Global miner BHP Billiton is considering listing a planned spin-off company in London as well as in Sidney and Johannesburg, the company said in a letter to shareholders.
1923 Schooner Replica Completes Sailing Trials
Eastern Shipbuilding Group, Inc. (ESG) announced that the Columbia (ESG Hull 981) a steel hull exact replica of the historic Gloucester Fishing Schooner, has completed her sailing trials. The sailing trials were held on September 18, 2014 directly offshore of the beaches of Panama City, Florida. Ninety-one years earlier, the original Columbia was officially measured on October 27, 1923 just before her race with the Bluenose by Raymond J. Milgate, a marine surveyor of Halifax, N.S.
Dynagas Partners Announces LNG Carrier Acquisition
Dynagas LNG Partners LP, an owner and operator of LNG carriers, has announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the partnership's sponsor…
Bestobell to Extend Valve Choice to Customers
Bestobell Marine, part of the President Engineering Group Ltd, has innovated within its range, which means it can now offer both butt weld and flanged connections for all its Globe and Check valves. These valves range from small (DN15) to large (DN350), allowing Bestobell Marine to offer greater flexibility to its customers. Valves with flanged connections are particularly in demand with the Japanese and Korean shipbuilding companies, as they are easier to install and involve less welding.
Cloud Data for Real-time Vessel Monitoring
Chetco Digital Instruments (CDI) has partnered with Telemetryapp.com to offer a complete vessel monitoring and data visualization system based on cloud data services. By integrating CDI’s HelmSmart.net vessel data acquisition and storage service with Telemetryapp’s data board visualization, complete end-to-end vessel monitoring is now available with minimal configuration and virtually no development costs.
Maersk Drilling CEO: Slow Deepwater Rig Market Coming
Maersk Drilling Chief Executive Claus Hemmingsen talked to Reuters on the sidelines of A.P. Moller-Maersk's annual capital markets day. Maersk Drilling has focused…
BP, Pavilion Ink Long-Term LNG Deals
Pavilion to buy 0.4 mln tpy LNG from BP for 20 years. Aims to become a global LNG firm in medium to long term. Working with SGX, regional govts on LNG price marker.
Maersk to Spend $3bln Annually on Newbuilds
Denmark's Maersk Line will spend around $3 billion a year from 2015-19 on new ships to butress its position as the world's biggest container shipping company, it said on Wednesday.
BPC Tenders 170mb Naphtha Parcel
Bangladesh Petroleum Corp (BPC) issued an international tender to sell 170,000 barrels of naphtha on Wednesday for Oct. 27-29 loading from Chittagong, a company official said.
Maersk Drilling Wins 2-Year Angolan Extension
The head of Maersk Drilling said on Wednesday the A.P. Moller-Maersk unit has won a two-year extension for its Maersk Deliverer deepwater rig worth $387 million.
3rd Conference on Ship Recycling Bring out Revealing Facts
A realistic picture at the grass root level of the ship breaking industry in India, Bangladesh and Pakistan unfolded at the’ 3rd Ship Annual conference on Ship Recycling…
Brent Crude Slips Below US$97
Brent crude fell for a third day on Wednesday, slipping further below $97 a barrel as inflated supplies and weak economic data from Europe outweighed rising geopolitical tensions in the Middle East.
Maersk Line, Tote Services, Awarded MSC Contract Modifications
1. Maersk Line Ltd., Norfolk, Virginia, is being awarded a $12,495,775 modification under a previously awarded firm-fixed-price contract (N00033-10-C-3220) to exercise…
Upcoming AMSA Shipping & Domestic Vessel Conference
The Australian Maritime Safety Authority (AMSA) informs that the latest maritime developments will be the focus at the inaugural combined national shipping and…
'Shipping at a Watershed' Says Industry Guru
An industry-wide lack of technical knowledge is limiting the uptake of new technology in shipping, says Dr. Martin Stopford, author of standard subject textbook 'Maritime Economics'.
