Panama Canal Imposes Extra Personnel Requirement
Based on recent evaluations of lockage procedures, the Panama Canal Authority has determined that due to the special configuration of some vessels, and in order to avoid accidents during lockage operations, supplementary personnel will be assigned to vessels with mooring stations on different decks; vessels with mooring stations areas that, due to their configuration, present difficulties for line handling operations; or vessels with any other deficiency that may affect transit operations.
Foster Wheeler 2Q, 2014 Results
Foster Wheeler AG (Nasdaq: FWLT) today reported income from continuing operations for the second quarter of 2014 of $85.6 million, or $0.85 per diluted share, compared with $68.3 million…
Hoegh LNG Partners Prices IPO
Höegh LNG Partners LP a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd., announced today the pricing of its initial public offering of 9…
Lerwick Harbor Handles Solan Field Storage Tank
Lerwick Harbour has again demonstrated its deep-water capacity and capabilities, this time by simultaneously accommodating two giant support vessels and the successful offloading of a 10…
MagnaShear Brakes to be Featured at WorkBoat
The MagnaShear marine duty motor brake from Force Control Industries will be featured in booth #1862 at the International WorkBoat Show, from December 3-5 in New Orleans, La. These proven brakes employs oil shear technology, providing longer service life even in demanding applications like the frequent start/stop cycles seen on cranes, hoists, winches and other marine material handling equipment. High grade castings…
BOEM & S. Carolina Agree to Evaluate Sand Resources
As a part of President Obama’s continuing commitment to help coastal communities recover from Hurricane Sandy and promote resilient coastal systems, the Bureau of…
Port of Rotterdam Takes Steps to Stop Delays
The Port of Rotterdam is taking measures to eliminate congestion at the ECT Delta Terminal and the Euromax Terminal. Inland waterway vessels and feeder vessels have…
Dun & Bradstreet Declares Quarterly Dividend
Dun & Bradstreet, world's leading source of commercial information and insight on businesses, announced today that its Board of Directors has declared a quarterly cash dividend of $0.44 per share.
Ingalls Delivers Composite Deckhouse for US Navy
Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has delivered the composite deckhouse for the destroyer Michael Monsoor (DDG 1001) to the U.S. Navy. The 900-ton deckhouse provides an advanced structure that will house the ship's bridge, radars, antennae and intake/exhaust systems and is designed to provide a significantly smaller radar cross-section than any other ship in today's fleet.
Militia Clashes Spread Towards Zawiya Oil Port
Clashes in Libya spread from Tripoli to the western town of Zawiya near Tunisia's border, where a large oil port is located, killing four people over the last two days, local town council officials said on Thursday. Foreign governments have mostly closed their embassies and evacuated staff after three weeks of clashes turned Libya's two main cities - Tripoli and Benghazi - into warzones in the worst fighting since the NATO-backed war against Muammar Gaddafi.
Today in U.S. Naval History: August 7
Today in U.S. 1942 - Navy Amphibious Task Force lands Marines on Guadalcanal, Solomon Islands in first U.S. For more information about naval history, visit the Naval…
North Sea Tiffany Platform to Restart Mid-August
Canadian Natural Resources Ltd said on Thursday its Tiffany production platform in the North Sea was expected to restart in mid-August after a shutdown. On a second-quarter earnings call…
US Should Lift Crude Oil Export Ban - Washington Post
The United States should lift its nearly four-decade ban on crude oil exports to help encourage domestic production, the Washington Post said in an editorial on Thursday.
New Fittings in the Georg Fischer Piping System
W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation and engineered solutions, announced new fittings for the Georg Fischer SeaCor marine thermoplastic piping system. The addition of Schedule 80 drain waste and vent (DWV) fittings will complete the current product offering for SeaCor Schedule 80 thermoplastic pipe. Customers will now have access to a complete thermoplastic piping system solution…
Video: USCG Medevacs Tanker Captain
A U.S. Coast Guard (USCG) helicopter crew medevaced the captain of a tanker approximately 50 miles offshore of Corpus Christi Wednesday morning. Watch the video here. Watchstanders at the Coast Guard Sector Corpus Christi command center were notified Tuesday at approximately 4:30 p.m. that the 50-year-old captain of the Weser, a 422-foot oil and chemical tanker vessel was experiencing severe pain in his leg with a possible blood clot.
St. Lawrence Seaway Cargo Shipments Return
Over 15 million metric tons of cargo moved through the St. Lawrence Seaway during the month of July, down just 4 percent over last year, marking a sustained comeback after the slow start to the shipping season. "The month of July was extremely busy for our ports on the Great Lakes-Seaway System as they handled high value cargoes like steel, wind components, and machinery that arrived from 13 different countries…
USJ-IMECO Acquires Joiner Systems
Affiliates of USJ-IMECO Holding Company, LLC , a portfolio company of J.F. Lehman & Company (JFLCO), today announced the acquisition of Joiner Systems, Inc. Joiner Systems…
China Fails to Overturn WTO Rare Earths Ruling
China lost an appeal at the World Trade Organization in a case brought by the United States, the European Union and Japan to challenge China's restrictions on exports of rare earths…
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.
Bamburi to Tap Kenya Infrastructure Boom as Profit Tumbles
Bamburi Cement's pretax profit slumped 28 percent to 2.3 billion shillings ($26.20 million) in the first half of 2014, the company said on Thursday, as it outlined…