Yamal LNG Arctic Project in Doldrums
The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.S.
USN Observes Suicide Prevention Month
While September is Suicide Prevention Month, subject matter experts from the 21st Century Sailor Office's Suicide Prevention Office, OPNAV N171, say their goal isn't…
North Korean Black-listed Ships in Russia
North Korean vessels owned by Ocean Maritime Management (OMM) have been seen using Russian ports, says the NK News vessel tracker. OMM was sanctioned for its involvement…
New London Cruise Terminal Gets Green Signal
London Mayor Boris Johnson gave final approval to build a new cruise terminal on the Thames River at Greenwich. The terminal, to be located at Enderby Wharf, is…
Sailboat Catches Fire off Honolulu
A sailboat with five people aboard caught fire off Honolulu, Thursday, promting responsefrom the U.S. Coast Guard who sent a 45-foot Response Boat-Medium crew from…
MHI, SBG Invest in Wind Energy Startup Altaeros Energies
Mitsubishi Heavy Industries, Ltd. ("MHI") and the Suhail Bahwan Group ("SBG") have invested in Altaeros Energies, a Massachusetts-based technology company, to support…
Damen's Ship with Van der Velden FLEX Tunnel Commissioned
The first ship outfitted with the Van der Velden FLEX Tunnel was named Friday, August 14th in Duisburg. The Rhenus Duisburg, the new barge combination from shipping company Rhenus PartnerShip…
Ecopetrol, JX Nippon Team Up to Explore Brazil Offshore
Ecopetrol reports it has established an Alliance with Japan’s JX Nippon Oil & Gas Exploration through its affiliate in Brazil, Ecopetrol Óleo e Gás to explore the FZA-M-320 block…
CFSAI Shifts to New Office in New Mumbai
Container Freight Station Association of India (CFSAI) has set up a full-fledged Secretariat and moved to its new office at “Anchorage Building” in Dronagiri Node on 26th August 2015. Mr.
Oil Soars in Biggest One-day Rally in Years
Oil rocketed as much as 10 percent higher on Thursday, posting its biggest one-day rally since 2009 as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. Snapping back from a deep two-month slump that reached 6-1/2 year lows this week, oil climbed as world stock markets rose on hopes Chinese government measures to stimulate the economy would pay off, while the dollar strengthened as risk aversion eased.
Odfjell Reports Best Quarter Since 2008
In what it is calling its best quarterly performance since third quarter 2008, the Odfjell Group for the second quarter of 2015 reported net results of $7 million. The group, which transports and stores bulk liquid chemicals, acids, edible oils and other special products, said it saw steady general improvement in the chemical tanker market with improved earnings in the deep-sea segment as well as in the remaining regional operations.
Fisherman Hit by Parted Line Lifted to Safety
A fisherman struck and injured by a parted line was medevaced south of San Juan Island and transported to Olympic Medical Center in Port Angeles, Wash. Thursday morning. He is in stable condition.
Great Lakes Shipyard to Build Guatemalan Harbor Tug
U.S. shipbuilding and repair yard Great Lakes Shipyard informs it has signed a contract to build another of its HandySize Class, 3,400 HP twin-screw tugboat for harbor towing operations in Puerto Quetzal, a commercial cargo, container and cruise port located on the Pacific coast of Guatemala in Central America. The tugboat’s buyer, Regimen de Pensiones y Jubilaciones del Personal de la Empresa Portuaria…
BAE Systems Welcomes Record Number of Paid Interns
More than 140 university students from across the country are being given a unique insight into working life at BAE Systems, as part of the company’s 12-week summer internship program. At Portsmouth Naval Base and Cowes on the Isle of Wight, 11 interns are currently working across a number of disciplines from HR and finance, through to engineering and supply chain. Now in its third year, this growing…
Fishing Boat Catches Fire off Maine
U.S. Coast Guard crews from Station South Portland, Maine, and Air Station Cape Cod responded to a report of a fishing boat fire Wednesday, about six miles from Jeffreys Ledge, a fishing area which stretches from the coast of Rockport to just southeast of Cape Elizabeth, Maine. A crewmember aboard the 40-foot fishing boat Gretchen Marie contacted watchstanders at Coast Guard Sector Northern New England at about 7:40 p.m.
Drydocks World World’s Largest Turret
Drydocks World marked a milestone in completing the world’s largest turret mooring system. At almost 100 meters high, weighing over 11,000 tons and with a diameter of 26 meters, the turret is designed to ensure the Prelude floating liquefied natural gas (FLNG) facility can operate safely in the most extreme weather conditions. This innovative FLNG storage and production facility will be stationed by Shell at its Prelude gas field off the northwest coast of Australia…
N-KOM: New VLCC Size Floating Dock
Nakilat-Keppel Offshore & Marine (N-KOM), the joint-venture shipyard of Keppel Offshore & Marine and Nakilat, continues to see strong interest for its ship repair services in 2015, having already delivered more than 450 projects for shipping and oil and gas companies over the past four years. Among the shipyard’s list of customers are Odfjell, Maran Gas Maritime, Diamond Shipping, Springfield Shipping…
Austal Delivers for USN
Austal’s U.S. operation consists of more than 4,000 employees supporting the design, construction and sustainment of two U.S. Navy programs, the 127-meter, trimaran Independence-variant Littoral Combat Ship (LCS) and the 103-meter, catamaran high-speed troop and equipment transport known as the Joint High Speed Vessel (JHSV). Austal has block-buy contracts in place for both programs totaling over $5 billion.
ASRY 2015 Strategy Combats Challenging Market
Up to May 2015, ASRY (Arab Shipbuilding & Repair Yard), was seeing encouraging results from it’s 2015 strategy to combat the widespread challenges facing the maritime repair market, particularly shipowners reduced repair budgets. In terms of revenue, the ship repair side of ASRY’s business has been solid in 2015, with almost identical revenues to the same period in 2014, with the number of ships showing a slight increase for the same period last year.
US Rep. Crenshaw Visits Newport News Shipbuilding
Shipbuilder Huntington Ingalls Industries (HII) hosted Rep. Ander Crenshaw (R-Fla.) Tuesday for a tour of the company's Newport News Shipbuilding division. Ken Mahler, Newport News' vice president of Navy programs, joined Crenshaw for the visit, which included a tour of the aircraft carrier Gerald R. Ford (CVN 78) and discussions about increased efficiencies and construction progress on Ford and John F. Kennedy (CVN 79).
