MHI to Revamp its Casting Operations
Effective April 1, 2015 Mitsubishi Heavy Industries, Ltd. (MHI) will revamp its production structure for casting products. From that date all current Group casting…
Retailers Head North of England
A shortage of inland transport capacity and increased waiting times for lorries at ports in the south of England have brought an uplift in the volume of containers to the Port of Liverpool.
Essar Ports Q2 FY15 Net Profit Up
Essar Ports Ltd. (Essar Ports), part of the Essar, today announced its unaudited results for the quarter ended September 2014. *Revenue for the quarter increased by 1% at Rs.
Oil Surges After Brent Crash
Brent crude jumped almost $2 a barrel on Friday for its biggest daily gain in three weeks as support emerged a day after prices crashed to four-year lows below $80…
G20 Targets New Global Energy Body
Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy…
Syzran Refinery Output Up
Following the results of nine months of 2014, Syzran Refinery, a part of the Samara group of refineries of Rosneft, increased output of major oil products compared to the same period in 2013.
Simrad Partners Key West Boats
Simrad Yachting, announced today its partnership with Key West Boats, Inc. With a reputation for uncompromising attention to detail, particularly in construction and design…
Foreign Crew/Vessels to Notify Immigration at Cilacap, Indonesia
Notice of foreign vessels and crew arriving at PTK Cabang Cilacap (the Government terminal in Cilacap) must be sent to the Immigration office at least 48 hours (2x24 hours) before arrival.
SCI Declares 1H Financial Results
The Shipping Corporation of India declared its unaudited financial results for the quarter ended 30.09.2014 posting a profit of Rs.18.59 Crores as compared to a…
Boskalis Raises Full-year Profit Forecast
Royal Boskalis Westminster N.V. (Boskalis) has concluded a good third quarter. Revenue and earnings, adjusted to reflect the deconsolidation of SAAM SMIT Towage…
Hamburg Süd Chooses EUROGATE
Hamburg Süd shipping line has awarded the contract for handling its new EMCS – Europe-Mexico/Caribbean Service to EUROGATE Container Terminal Hamburg. The first…
Modules for Petrobras' FPSO delivered
The "Consórcio Tomé Ferrostaal" (CTF) named consortium of Rheinmetall International Engineering, a joint venture of Ferrostaal and Rheinmetall, and the Brazilian…
Brazil's OSX Posts Third-quarter Loss of $62m
OSX Brasil SA, the bankrupt shipbuilder controlled by Brazilian tycoon Eike Batista, posted a net loss of 160.8 million reais ($61.8 million) in the third quarter…
US Gives Final Approvals to Freeport for LNG Exports
The U.S. Department of Energy gave two final approvals on Friday to Freeport LNG Development LP to export liquefied natural gas, or LNG, from its project in Texas to any country. The planned project in Quintana Island, Texas, would have the capacity to export up to 1.8 billion cubic feet a day of LNG once constructed. With domestic gas production booming, U.S. companies have lined up to ship the nation's abundant shale gas to energy- hungry consumers in Europe and Asia.
Take a Virtual Tour of GTS Admiral W.M. Callaghan
The U.S. Maritime Administration (MARAD) has launched a virtual tour of the GTS Admiral W.M. Callaghan (T-AKR-1001), a MARAD Ready Reserve Force vessel currently berthed in Alameda, California. The online 360-degree photographic tour, available of the MARAD website, gives viewers the experience of walking around the vessel’s bridge, engine room and surrounding spaces and provides a window into our nation’s maritime heritage. Launched in 1967, the Admiral W.M.
US Warship Departs for Final Deployment
To begin the ship's final deployment, USS Simpson (FFG 56) departed her homeport Nov. 14, for regularly scheduled theater security missions in the U.S. 6th Fleet area of operations. Commanded by Cmdr. Ken Anderson, the crew concluded a highly-successful maintenance availability and intense training exercises, and was outfitted with four Fire Scout (MQ-8B) vertical takeoff and landing tactical unmanned aerial vehicles prior to departure.
JK Fabrication Wins Emergency Tow Reel Order
Olympic Tug and Barge, a Harley Marine Services Company, has selected four JK Fabrication emergency tow storage reels for new barges being built at Zidell Shipyard in Portland (the first two) and Vigor Shipyard there also (the last two units). Given earlier success at U.S. Coast Guard testing in southern California, earlier orders from Olympic, Smith Maritime, U.S. barge and HME Construction, and acclaim from ABS and marine surveyors, JK has applied for U.S. patent on the unit.
MARAD Awards Grant for Green Tug Conversion
The U.S. Maritime Administration (MARAD) has granted $450,000 to AEP River Operations of St. Louis, Missouri, to modify the Motor Vessel (M/V) Christopher Parsonage into a fuel-efficient hybrid vessel that conserves fuel and reduces emissions. The modification will provide the 180-foot tug boat, which operates along the lower Mississippi River, with a hybrid generator set attached to the main engine that will provide auxiliary power, which would normally be produced from the diesel generator.
Eni CEO Addresses Porto Marghera Deal
Eni CEO Claudio Descalzi issued a statement on the agreement for Porto Marghera signed today in Rome at the Ministry of Economic Development. “The agreement signed today is an important milestone for the future of Porto Marghera and reflects Eni's commitment to restructure its industrial activities in Italy through technological innovation and environmental sustainability. Like in the recent agreement for Gela…
Seychelles Holds Coast Guard and Marine Police Training
Closing ceremonies for two training courses carried out by EUCAP Nestor in cooperation with authorities were held on November 14 in the Seychelles. After two weeks of training, 16 lieutenants and second lieutenants selected from different services of the Seychelles Defense Force (Coast Guard, Air Force and SPDF) received their certificates at a closing ceremony held at the Seychelles Coast Guard Academy on November 14 in the presence of the Commander of Seychelles Coast Guard…