Germany as a Maritime Location Endangered: VDR
Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry…
Shipbuilders Vard Report Financial Fair Sailing
Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (“2Q2014”)…
NJ Congressmen Supports Offshore Wind Proposal
Congressman Frank Pallone has issued the following statement in response to the Department of the Interior’s announcement of the proposed lease sale for nearly 344…
Greenbrier Condoles the Passing of Emeritus Board Member Atiyeh
The Greenbrier Companies, Inc. says it joins all of Oregon in expressing its condolences to the family of Victor G. (“Vic”) Atiyeh, former Governor and past member of Greenbrier’s board of directors.
New Subsea Fiber-optic Cable to Link N. America & UK
TE SubCom has announced the commencement of the new Hibernia Express submarine cable system. The 4,600 km cable will provide the lowest-latency fiber-optic path between New York and London…
Wärtsilä's JV with CSSC to Expands Engines Range
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines.
AAPA Elect Kristin Decas as Next Chairman
The American Association of Port Authorities (AAPA) informs it has elected Kristin Decas, CEO and port director for the Port of Hueneme (Calif.) as its incoming…
Flirting with Default, Argentina Enjoys Oil Drilling Boom
Holders of Argentina's defaulted debt and their supporters have warned the country risks being frozen out from international capital markets unless it finds a way…
Panama Canal: New Lock Gates Transferred to Atlantic Side
ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.
Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA…
ICBC Financial Leasing Purchase 2 CIMC Raffles Drilling Rigs
ICBC Financial Leasing Company Limited signed a leasing project with Schahin of two ultra-deepwater drilling rigs during China-Brazil Business Council-Annual Meeting 2014 on 17th July 2014.
Mexico's Senate OKs Bills Expanding Power of Energy Regulators
Mexico's Senate gave general approval on Monday to legislation laying out expanded powers for energy regulators, part of the fine print needed to implement a constitutional…
AKR Corporindo to Spend 2.3 trln rph on Industrial, Port Project
PT AKR Corporindo, a distributor of basic chemicals and petroleum products, plans to spend 2.3 trillion rupiah ($198.84 million) on investment in the second half of this year…
EXXONMOBIL Files Export Application for Alaska LNG Project
In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy by EXXONMobil.
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.
McDermott Awarded Megalodon Platform Installation
McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter Oil & Gas Corporation for the Megalodon platform destined for South Timbalier Block 311 in the Gulf of Mexico. The project is expected to be included in McDermott’s third quarter 2014 backlog. McDermott will provide all materials and equipment to transport and install the six-pile platform in 391 feet of water, over an existing well site.
Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm
An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for Exxon Mobil Corp.
Wärtsilä and CSSC in 2-stroke engine JV
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture, which will take over Wärtsilä’s 2-stroke engine business.
Crystal Cruises to Sail Elusive Northwest Passage
The “World’s Best” Crystal Cruises is introducing a new expedition-style voyage traversing the Arctic Ocean via the legendary Northwest Passage – one so mysterious…
Coast Guard Foundation's “BUY A BRICK” a Big Success
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced today that its Sault Ste.
