Foster Wheeler To Delist From NASDAQ
Foster Wheeler AG announced today that it intends to voluntarily delist the registered shares of the Company, par value CHF 3 per share, from the NASDAQ Global Select Market (“NASDAQ”) and…
ROC Chairman Retires
Mike Harding has resigned from the ROC Board of the Company with immediate effect from today. An Independent Non-executive Director since June 2012, Mr Harding was…
Rolls-Royce Releases Interim Management Statement
As announced on 5 November, Rolls-Royce has accelerated its cost reduction efforts and outlined additional restructuring charges that will reduce the expected underlying…
More UK Orders for Kalmar Gloria Reachstackers
Kalmar, part of Cargotec, has received an order for three Kalmar Gloria reachstackers and one Kalmar empty container handler to PD Ports' Teesport facility in the United Kingdom.
ClassNK Expands Veracruz Office
Leading classification society ClassNK has announced the expansion of its Veracruz Office in order to better support the growing offshore oil industry in the Gulf of Mexico.
Otto Marine 3Q2014 Earnings at $2 mi
Otto Marine Limited, specializing in building complex offshore support vessels, ship chartering and offers specialized offshore services, reported its financial…
Courts Upholds BP 'gross negligence' Gulf Spill Ruling
A U.S. The decision by U.S. District Judge Carl Barbier in New Orleans means BP could still face close to $18 billion of penalties for violating the federal Clean Water Act.
GE Opens Global R&D Center in Brazil
General Electric today announced the opening of the $500 million Brazil Technology Center that will focus on developing advanced subsea oil and gas technology. The center…
Ships to Divert to Hong Kong for Bunkers
Hong Kong bunker suppliers are expecting up to 20 percent more inquiries from shipowners who have had fuel contracts cancelled after the world's largest supplier announced its bankruptcy last week…
CaroTrans Assures Seamless Transport on US West Coast
CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, today announces their U.S. West Coast port readiness program…
Asia-Europe Box Rates Drop Almost 21 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 20.5 percent to $934 per 20-foot container (TEU) in the week ended on Friday…
Conrad 3Q 2014 Net Slips
Conrad Industries, Inc.announced today its third quarter and nine months 2014 results and backlog. For the quarter ended September 30, 2014, Conrad had net income…
OW Bunker Collapse Rattles Singapore Bunker Markets
Major oil companies, trade firms to expand market share; tight credit hits small retailers. The collapse of OW Bunker in the wake of an alleged fraud at its Singapore…
FMC Commissioner Doyle Weighs In
Commissioner William P. Doyle's remarks at the Commission Briefing on Mid-Atlantic and Northeast Port Congestion Forum, November 13 2014 in Baltimore, MD. On October 1, 2014, Commissioner Lidinsky and I hosted the Mid-Atlantic and Northeast Port Congestion Forum at the World Trade Center in Baltimore, Maryland. I want to thank all the FMC staff for their participation in setting up and managing the day’s event.
Baumann Relieves Matthews as SUPSALV Director
Capt. Gregg Baumann assumed command from Capt. Mark Matthews as the Director of Ocean Engineering, Supervisor of Salvage and Diving (SUPSALV), Naval Sea Systems Command announced. Baumann reports to SUPSALV after serving as program manager for the International Fleet Support Program Office. He also served as chief of staff for the Deputy Assistant Secretary of the Navy for Ship Programs, executive…
NY-Area Seafarers to Join MM&P
New York Harbor Tug Boat Captains and Crews, Staten Island Ferry Workers, Circle Line and Other Tourist Boat Crews Vote to Join New Union. New York-area watermen who operate tugboats, dredges, tourist boats and ferries, members of Staten Island-based Local 333, have voted by an overwhelming margin to support a merger between Local 333 and the Maryland-based International Organization of Masters, Mates and Pilots.
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.
Keeping Their Cool – Marine Clutches and Brakes
The marine environment is extremely harsh and delivering equipment capable of performing reliably and efficiently requires expert design engineers combined with advanced materials technology. Neil Wright, Managing Director of Wichita Clutch, assesses the requirements of modern marine clutches and brakes, which play such a crucial role in a variety of applications. As marine exploration for oil and gas continues to greater depths…
89 Crowley Vessels Receive Environmental Awards
Eighty-nine Crowley Maritime Corp.-owned and operated vessels were honored with Certificates of Environmental Achievement for years of safe operations during the eleventh-annual Chamber of Shipping of America (CSA) awards ceremony today. Crowley received an award for each vessel that worked at least two consecutive years without an environmental incident. The 89 vessels have logged a combined 968 years of service without incident…
Port Canaveral Welcomes Explorer of the Seas
Starting November 15, 2014, Royal Caribbean’s Explorer of the Seas begins homeporting at Port Canaveral through March 2015, offering a new nine-night itinerary that reaches further into the southern Caribbean with stops in Aruba, Bonaire, Curacao, and Haiti. Other itinerary options include four-, five-, and eight-night Caribbean cruises. “We are pleased that Royal Caribbean continues to provide innovative ships and diverse itineraries for our community…
