U.S. Navy Renews PPG PMC Contract
PPG Industries’ protective and marine coatings (PMC) business was awarded a five-year contract by the U.S. Navy’s Military Sealift Command (MSC) to continue providing coatings…
Where is Floating Production Headed?
![Jim McCaul, IMA](https://images.marinelink.com/images/maritime/w100h1500/jim-mccaul-ima-22269.jpg)
The number of floating production units grew 5% in 2013. Here we examine the global market and future opportunities. Currently, there are 319 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 75% of systems on order. Another 24 floating LNG processing systems are in service or on order. Liquefaction floaters account for 13%, regasification floaters 87%.
Oil Spill Contained in Davao
Elements of the Philippine Coast Guard Station (CGS) Sasa contained the spread of oil spill reported at the Legaspi Oil Company Incorporated at KM 09, Sasa, Davao City last Friday, January 17.
Cargo Ship Sinks in Anchorage
At around 5:50 a.m. on January 19, Philippine Coast Guard Station (CGS) Iloilo received a distress call from MV Sportivo, which was anchored at Iloilo Strait between Iloilo City and Guimaras…
RoRo Vessel Runs Aground in Aklan
Philippine Coast Guard Action Center Manila received report that MV Starlite Atlantic, a roro vessel ran aground at vicinity waters of Brgy Argao, Malay, Aklan around 4:30 a.m. on January 19.
ClassNK Registered More than 20 Million GT in 2013
![Chart: ClassNK](https://images.marinelink.com/images/maritime/w100h1500/chart-classnk-22268.jpg)
Classification society ClassNK announced its official registration figures for 2013, revealing that new registrations of existing and newly built vessels totaled more than 20 million gross tons. The announcement was made on January 20, 2014 following a meeting of the ClassNK Classification Committee, which reviews and certifies all changes made to the ClassNK register. Figures released by the committee…
Bel-Ray Assigns New Sales Representation
![Photo: Bel-Ray](https://images.marinelink.com/images/maritime/w100h1500/photo-belray-22267.png)
Bel-Ray Company Inc. said it has appointed the Marine Markets West, LLC as sales representative in the Western United States and British Columbia in Canada, and was selected for the William F. Marine Markets West will represent Bel-Ray in territories, such as Alaska, Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming and British Columbia, while William F.
Pompe Garbarino Manuals Available in Shipdex
Pompe Garbarino S.p.A., an Italian manufacturer of centrifugal and positive displacement pumps for marine, naval and industrial fields prepare and release the technical…
Happy Birthday to Us!
![Greg Trauthwein, Editor & Associate Publisher](https://images.marinelink.com/images/maritime/w100h1500/eg-trauthwein-editor-associate-publisher-22266.jpg)
This year Maritime Reporter & Engineering News celebrates its 75th Anniversary. Founded by in 1939, the publication today reigns as the largest audited publication serving the global maritime industry, with a circulation of more than 35,000. While the publication, with its signature size and booming red logo, easily remains our most recognizable brand, unlike 1939 when it was the stand-alone information product of the company…
Furuno Establishes Italian Subsidiary
Furuno Electronic Co., Ltd. announced a new subsidiary in Italy has been established on November 8, 2013 and will commence its business operation from January 1, 2014 onward. In Italy, Arimar S.p.A.
New Underwater Cutting Rod from Broco
![Image: Broco Underwater](https://images.marinelink.com/images/maritime/w100h1500/image-broco-underwater-22265.jpg)
Broco Underwater announces its latest advancement in underwater cutting, the new advanced design Broco Ultrathermic Cutting Rod PLUS. Based on a new patent-pending design, Broco said its new underwater cutting rod delivers 20% more cutting and burn time than the same size prior generation rod, and burns more evenly than any rod on the market. According to the manufacturer, the new Broco Ultrathermic Cutting Rod PLUS increases burn time 20%, on average, for a 3/8” diameter by 18” long rod.
Crew Rescued from Sinking Bulk Carrier
![Image: USCG](https://images.marinelink.com/images/maritime/w100h1500/image-uscg-22264.jpg)
The U.S. Coast Guard (USCG) reported that 24 crewmembers are safe after abandoning ship approximately 440 miles west of Guam Monday. At 8 a.m. Sunday, watchstanders at the USCG Sector Guam Command Center received report of flooding from the 500-foot bulk carrier cargo ship Rich Forest. The ship, carrying logs enroute to China, experienced flooding in the engine room and subsequent loss of propulsion.
Trojan Battery Revamps Website
![Image courtesy Trojan Battery Co.](https://images.marinelink.com/images/maritime/w100h1500/image-courtesy-trojan-battery-co-22263.jpg)
Trojan Battery Co., a manufacturer of deep-cycle batteries, has launched its newly revised corporate website designed to be a source of information for Trojan’s global customers, distributors, dealers and system integrators. The site, trojanbattery.com, features detailed information on battery technologies, maintenance practices, as well as the design of energy storage systems. The revamped Trojan…
Study: O&G Capex Tighter in 2014
Amid a positive outlook for the industry in 2014, senior oil and gas professionals have forecast tighter monitoring of capital expenditure (capex) this year, according…
Maritime Reporter @ 75: The Daily Cartoon
![© New Wave Media](https://images.marinelink.com/images/maritime/w100h1500/new-wave-media-22262.jpg)
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.
TORM Arranges Capital Structure Overhaul
![Photo: TORM](https://images.marinelink.com/images/maritime/w100h1500/photo-torm-22261.jpg)
Copenhagen-based tanker and bulk carrier operator TORM said it is carrying out a structured process involving a number of external stakeholders in an effort to address its long-term capital structure. As the company announced in August 2013, TORM has engaged a financial advisor as part of the initiated process to address the company’s financial structure. TORM reported that this work is now continuing to a stage…
CMA CGM Resumes Nigeria Fish Imports
The ban, established by Federal Department of Fisheries of Nigeria, stipulated that the import of fish in Nigeria will be authorized only for shipments with BL dated at latest October 31st…
Today in U.S. Naval History: January 20
![Theodore Roosevelt (photo: United States Library of Congress)](https://images.marinelink.com/images/maritime/w100h1500/theodore-roosevelt-photo-united-states-22260.jpg)
Today in U.S. 1903 - Theodore Roosevelt issues Executive Order placing Midway Islands under jurisdiction of the Navy Department. 1914 - School for naval air training opens in Pensacola, Fla. 1948 - Establishment of U.S. Persian Gulf Area Command (later changed to Middle East Force in August 1948). For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Hanjin Cutting its Losses
![Source: Drewry Maritime Research](https://images.marinelink.com/images/maritime/w100h1500/source-drewry-maritime-research-22259.jpg)
Drewry’s weekly container insight report shows exits from the transatlantic and Asia-Black Sea trades demonstrate how Hanjin is prioritizing financial repair over global coverage. Drewry said cash-strapped Hanjin Shipping has recently announced to its customers that it will be leaving two unprofitable trade lanes. The South Korean carrier will cease taking slots on the Asia‐Black Sea Express (ABX) service of China Shipping…
Safety Code Revised for Small Fishing Vessels
Minister for Transport, Tourism & Sport Leo Varadkar has welcomed the publication by the Irish Maritime Administration in his Department of a revised Code of Practice for the Design…