Rapp Marine Hires Vatnehol as CEO
Helge Vatnehol has been appointed Group CEO of Rapp Marine. Vatnehol comes from the position of Senior Vice President Offshore Deck Machinery in Rolls Royce and takes over on September 1, 2014. “The companies in the winch division of former Rapp Marine Group have been collected within Rapp Marine Group. We are delighted that Helge Vatnehol has accepted the challenge to lead the group,” said Board Chairman of Rapp Marine, Olav Fjell. Vatnehol joined Rolls-Royce in 2000.
Video: USCG Rescues 800-pound Turtle
U.S. Coast Guard crew members from Cape May, N.J., and the Marine Mammal Stranding Center in Brigantine, N.J., rescue an entangled 800-pound endangered leatherback turtle off the coast of South Jersey Saturday, Aug. 9, 2014. Watch as the crew gets in close to remove the entangled fishing gear from the massive turtle's flipper: https://www.youtube.com/watch?v=qsNMdunLXdQ&list=PLF0538B37975BED0B. U.S. Coast Guard video by Petty Officer 1st Class Nick Ameen
MN 100: Cummins, Inc.
Global power leader Cummins, Inc. is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Cummins is organized into four distinct but complementary business units: Cummins Engine Business, Cummins Power Generation Business, The Components Business and Cummins Distribution Business.
MN 100: ABS Group
ABS Group provides a range of technical solutions to support safe, reliable and high-performance assets and operations in a variety of asset-intensive industries, including the marine sector. With more than 2,400 professionals in over 30 countries, ABS Group delivers solutions all around the world. The mission of ABS is to serve the public interest as well as the needs of clients by promoting the security of life and property and preserving the natural environment.
Bangladesh Ferry Owner Arrested on Murder Charge
A special Bangladesh anti-crime unit on Wednesday arrested the owner of a ferry that sank in a river killing about 110 people, the first time authorities took such…
MN 100: Bollinger Shipyards
Established in 1946, the family owned and operated, Bollinger Shipyards group provides quality maritime construction, boat repair and conversion products and services to both the U.S. Military and the commercial marine industry. Four generations of Bollingers have been challenged to match the innovation, integrity and deep sense of responsibility that have become synonymous with the Bollinger way of doing business.
Video: Halifax Shipyard Construction Progress
Irving Shipbuilding’s Halifax Shipyard Modernization Program, a two-year engineering and construction investment to prepare the company’s facilities to build Canada's future combatant ships, is well underway. View a time lapse video of the yard modernization progress via the following link: http://vimeo.com/103323922. Irving said that upon completion, the modernization project will result in one of the most modern shipyards in North America.
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.
Man-made Warming the Main Cause of Glacier Retreat -Study
Man-made greenhouse gas emissions have become the dominant cause of melting in glaciers from the Alps to the Andes that is raising world sea levels, a study said on Thursday. Human emissions accounted for an estimated 69 percent of loss of ice from glaciers from 1991-2010, overtaking natural climate variations that had been the main driver of a retreat since the mid-19th century, researchers wrote in the journal Science.
Putin Says Many European Leaders Want to End Sanctions Standoff
Russian President Vladimir Putin on Thursday said he believed many European leaders were eager to end the standoff over sanctions with Russia. "I think that many in Europe including the politicians, my colleagues, ... (want) to get out as soon as possible of a situation, which is damaging our cooperation," Putin said during a visit to the Crimea peninsula, which Russia annexed from Ukraine earlier this year.
TEN Charters Out Suezmax Tankers
Tsakos Energy Navigation Limited (TEN) announced the chartering of two of its modern Suezmax tankers with a European oil major for 24 and 12 months, with charterer options for another 12 months for each vessel at a base rate with profit sharing. TEN expects minimum gross revenues of about $35m for the period. In addition, TEN announced the start of a partnership with another oil major for the construction and chartering of two LR1 tankers for five years.
FSL Trust Sees First Quarterly Profit Since 2011
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust) has generated a profit of $1 million for the 2Q of the 2014 financial year. This profit compares to a $7.2 million loss for the 2Q’s corresponding previous year. This turnaround succeeds the restructuring efforts of the senior management team. FSL Trust has seen a performance improvement in the past quarter due to initiatives that were implemented September 2013.
CMR Debuts Gas Engine Pressure Regulator
A range of gas engine pressure regulators, which provide control of pressure levels within the fuel train on dual fuel or natural gas engines, is new for control and instrumentation specialists CMR Group. CMR’s regulators enable high-pressure gas fuel from lines and tanks to be reduced to safe and/or usable pressures for the secure and reliable operation of high horsepower engine technology used in…
Great Lakes’ Ore Float at 6-year High
Iron ore shipments on the Great Lakes totaled 7,231,506 tons in July, the highest level since July 2008 when 7,318,961 tons were loaded at U.S. and Canadian ports. This July’s total also represents an increase of 8.6 percent over June and 10.2 percent over a year ago. U.S. Great Lakes ports accounted for the upturn. Loadings totaled 6,681,796 tons, an increase of nearly 18 percent compared to a year ago.
American Club Issues Steel Cargo Warning
The American P&I Club has updated its advice to members on the handling of steel cargoes. It has done so in consequence of some recent cases where the absence of pre-loading surveys increased the cost of steel cargo claims on discharge. It first raised the problem in a March 2002 circular, making extensive recommendations so as to minimise the prospect of spurious steel cargo claims. In a new circular, Shipowners Claims Bureau, Inc.
BIMCO: Reforms Necessary to Improve Economy
The International Monetary Fund (IMF) has downgraded its global growth projection from 3.7% in April to 3.4% in July. The adjustment is primarily due to the large negative result in the U.S. in the first quarter of the year. The IMF stressed that this is now behind us – and it therefore sticks to its 2015 projection with an unchanged growth level of 4.0%. Moreover, the outlook for the various emerging markets including…
Today in U.S. Naval History: August 14
Today in U.S. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
SAFE Boats Partners with NASBLA
SAFE Boats International announced a Mission Partner Sponsorship with the National Association of State Boating Law Administrators (NASBLA). Signed on July 28, 2014, this agreement unifies the interconnected missions of both organizations to jointly enhance the safety and security of our nation’s waterways by strengthening the abilities and enhancing the knowledge and skills of every maritime law enforcement officer and emergency responder.
Rolls-Royce VP Shares His Views on Alternative Fuels
Experts predict the internal combustion engine will not lose its dominant position any time soon, but developing engines to meet ever tighter emission limits is costly. So what role are alternative fuels likely to play in the future? Oskar Levander, VP Innovation, Engineering and Technology at Rolls-Royce Marine shares his views. Although nobody can predict how long our oil reserves will last, we can forecast with certainty that demand for it, and with it the price, will continue to stay high.
GWMC Appoints Strand and New Board Members
Goltens Worldwide Management Corp. (GWMC) has announced the appointment of Roy Strand as Chief Operating Officer. Strand has previously served as the Vice President of Operations in the Americas and Europe, and will continue to serve as the Advisory Board Chairman within the Goltens Worldwide group of companies. Prior to joining Goltens, Strand held various managerial and global executive positions in the professional services field…
