Video: Injured Passenger Hoisted from Superfast Ferry
A U.S. Coast Guard (USCG) helicopter crew from Coast Guard Air Station Miami hoisted an injured man Wendesday night from the Bimini Superfast ferry approximately 10 miles off the coast of Bimini, the Bahamas. Watchstanders in the Coast Guard 7th District command center received the request for a medical evacuation at 6:20 p.m., Wednesday. The 35-year-old man aboard the Bimini Superfast ferry had reportedly suffered a head injury.
OW Bunker Files for Bankruptcy
The world's largest ship fuel supplier OW Bunker said it would file for bankruptcy as soon as possible to the probate court in Aalborg in the northern part of Denmark. OW Bunker said on Thursday it has discovered fraud by senior employees in its Singapore-based subsidiary. "As a result of the internal investigation, it has been decided to report two key employees in the Singapore-based subsidiary Dynamic Oil Trading," the company said in a statement.
Scorpio Bulkers Announces $39.6m Loan Facility
Scorpio Bulkers, Inc. received a commitment from ABN AMRO Bank N.V. for a loan facility of up to $39.6 million to finance up to 60% of the market value upon delivery…
Boskalis Acquires Stake in Fugro
Royal Boskalis Westminster N.V. has acquired a 14.8% stake in Fugro N.V. Boskalis said it views Fugro as an interesting company with activities that fit very well with its own activities, adding that it wants to enter dialogue with Fugro to explore options for possible cooperation. The company stressed, however, that it has no intention to make an offer for Fugro. "Fugro is an attractive company with activities that fit together well with those of Boskalis,” said Peter Berdowski, CEO Boskalis.
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.
James Fisher Opens Offshore Vessel for Tours
James Fisher Marine Services Ltd (JFMS), and Fendercare Marine, both subsidiaries of James Fisher and Sons plc (JFS), held an open day to demonstrate the capability of their shoreside support base and the offshore support vessel, the Dart Fisher. The Dart Fisher, which was berthed in the Fendercare Marine base in Great Yarmouth, is a 26-meter catamaran specifically designed to service the offshore energy industry with the capability to transfer up to 12 engineers…
PGS Implements Adonis Personnel Manager
Adonis AS (Adonis), a provider of global maritime HR solutions, announced that Petroleum Geo-Services (PGS) has implemented Adonis Personnel Manager (APM) to automate crew planning processes for its multinational maritime workforce. The solution will enable PGS to simplify the management of crew rotations and centralize major crewing processes, such as Visa applications, work permits and compliance with maritime requirements (offshore certificates…
SENER Presents Computer Aided Design Evolution
SENER attended the 53rd edition of the Naval Architecture Congress in Spain, from October 8-10. It was organized by the Naval Architecture and Oceanic Engineering Association of Spain, this time in Cartagena. SENER's Rodrigo Pérez presented a work about the computer aided design evolution, written in collaboration with Carlos González and Luis Sánchez, also from SENER. The technical paper traces the history of shipbuilding since Roman times where they began to use curves for drawing frames…
SAR Boat Named ‘Ship of the Year’ by KNVTS
Damen and its partners have won the Royal Netherlands Society for Marine Engineering (KNVTS) ‘Ship of the Year Award’ for Nh1816,the first of a series of the SAR 1906, a new search and rescue (SAR) boat, at the Maritime Awards Gala 2014 held in Rotterdam. The SAR 1906 is a 35-knots self-righting vessel, with an aluminum hull and a composite wheelhouse. The hull design is based on the Axe Bow technology, adapted for the specific operations of lifeboats.
Brazil's Vale Opens Malaysia Port in Bid to Cut Freight Costs
Brazil's Vale SA on Friday inaugurated a $1.4 billion port in Malaysia able to receive and blend iron ore from its mega-ships, an important step in the miner's battle…
Asia-Europe Box Rates Drop 10 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.4 percent to $1,175 per 20-foot container (TEU) in the week ended on Friday…
UK Offshore Wind Farm Gets Okay for Growth
Existing wind farm has 367 MW capacity; extension is for a further 750 MW capacity. The British government has given consent for an offshore wind farm off Cumbria in the Irish Sea to be extended…
Statoil: Barents Sea Exploration Completed
Statoil has completed the extensive 2013-2014 exploration programme in the Barents Sea. This represents an all-time high exploration activity and 10% of all exploration wells drilled in the Barents Sea since its opening in 1980. “This is a unique exploration programme. A commitment of this size and complexity requires geological, technological and organisational muscle, and the data collected are important for the future understanding of the oil and gas potential in the Barents Sea…
Alpha Bank Raising $510 mln From Securitized Loans
Greece's Alpha Bank is set to raise about $510 million from securitized shipping loans in one of the first European asset-backed deals in the sector for nearly a year…
OW Bunker Applies for Court Restructuring
Following the announcement made yesterday regarding fraud in Singapore and significant risk management loss, the board of directors regret not having found able…
Thomson Reuters Recognizes ABB as Top Innovators
ABB has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year. This award acknowledges companies around the world for their…
USCG Responds to Report of Downed Aircraft near Panama City
The Coast Guard is responding to a report of a downed military aircraft approximately 57 miles south of Panama City, Florida, Thursday. Watchstanders at the 8th…
Navy Christens Littoral Combat Ship Montgomery
The Navy will christen littoral combat ship (LCS) Montgomery Nov. 8 during a ceremony at the Austal USA shipyard in Mobile, Alabama. Vice Chief of Naval Operations Adm.
ST Engineering Injects Capital in Brazilian Arm
Singapore Technologies Engineering Ltd (ST Engineering) today announced that further to its announcement on 11 July 2014 on the setting up of ST Electronics do Brasil…
Kalmar's 18 Forklift Trucks for Algerian Ports
Kalmar, part of Cargotec, is delivering 18 forklift trucks to four different port authorities in Algeria: Algiers, Bejaia, Djen Djen and Mostaganem. The order was…
