SunEdison Restrained from 'Unusual' Asset Transfers
Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors…
Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed
Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay of some organisations that say the operations there are polluting and unsafe. The world's largest container shipper says the four yards in the Alang coast of western India have been certified according to the Hong Kong Convention -- health, safety and environmental standards developed by the International Maritime Organisation.
Video: Catapult Testing on Aircraft Carrier Abraham Lincoln
U.S. shipbuilder Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division has begun testing the updated catapult systems aboard the U.S. Navy aircraft carrier USS Abraham Lincoln (CVN 72), which is nearing the end of its midlife refueling and complex overhaul (RCOH). Working with the Navy crew aboard Abraham Lincoln, Newport News shipbuilders are testing the steam catapult systems through a process called “no-load” testing…
Teknotherm Marine Moves HVAC Arm to Bergen
Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.
Owner Fined for 'Dangerously Unsafe' Vessel
The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe.
Paragon Offshore to File for Bankruptcy
Paragon Offshore Plc said it will file for Chapter 11 bankruptcy on or before Feb. 14, becoming the first U.S. energy-related company to seek court protection from creditors this year amid a plunge in oil prices. The Houston-based driller, which has rigs around the world, has been struggling with a heavy debt load. Paragon decided not to make a $15.4 million bond interest payment due Jan. 15, triggering a 30-day grace period before default. Paragon had $732 million in cash at Sept.
Sentinel Launches New Rudder Feedback Unit
Sentinel, a Beier Radio company, has designed and manufactured a new Rudder Feedback Unit (RFU) with many new features, including watertight components and connections that can be flooded in up to one meter of water for a 24-hour period and still provide accurate positioning for control systems, according to the manufacturer. The unit provides precise rudder position feedback via four noncontact inductive resonance encoders with IP67/IP69K degree of protection.
N.America's First LNG Marine Fuel Terminal Opens
Harvey Gulf announced the opening of the first marine LNG fueling terminal in North America. Less than a year after the delivery of the M/V Harvey Energy, America’s first LNG-powered vessel, Harvey Gulf accomplished another first when it completed a successful LNG bunkering of the Energy from the newly constructed LNG terminal facility at its operation base in Port Fourchon, La. The bunkering included the transfer of 43,000 gallons of LNG in approximately 2.25 hours without incident.
Baltic Index Rises for First Time in 2016
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the first time this year on Friday, helped by higher rates for panamax vessels.
USS Coronado Completes Survivability Test
The U.S. Navy’s littoral combat ship (LCS) USS Coronado (LCS 4) has completed survivability testing off the coast of California on January 28 in preparation for the ship's maiden deployment later this year. The purpose of the Total Ship Survivability Trial (TSST) is to evaluate the ship's systems and procedures following a simulated conventional weapon hit. The primary areas that are evaluated include the ship's ability to contain and control damage…
Philippines Mulls Bilateral Sea Talks with China
The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea but only if it wins its case with Beijing at an arbitration tribunal in The Hague…
Helsinki, Tyumen State Universities to form Arctic station
Within the framework of the international project Reeh, Tyumen State University in cooperation with the University of Helsinki are planning to create a unique Arctic observation stations.
HMAS Melbourne Returns
Royal Australian Navy frigate HMAS Melbourne is returning home to Australia after completing more than 50 boarding operations and seizing almost a tonne of heroin during a Middle Eastern deployment.
Nautilus, Metro Move to New HQ in Long Beach
After more than 92 years of operating from various locations in Wilmington, Calif., Nautilus International Holding Corp., along with its subsidiaries Metro Ports…
Adani Ports Income Up by 15%
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter…
Shipping Corporation Q3 Profit Surges
The Shipping Corporation of India (SCI) declared its unaudited financial results for the quarter ended 31st December 2015 posting a net profit of Rs. 59.66 crores as against a net profit of Rs.
Ice Condition 3 for Delaware Bay
The Captain of the Port (COTP), Delaware Bay is notifying mariners that Ice Condition 3 has been set for the Port which includes the Delaware Bay and River, the C&D Canal…
Port of LA’s January Volumes Up 33%
The Port of Los Angeles handled 704,398 Twenty-Foot Equivalent Units (TEUs) in January 2016, an increase of 33 percent compared to January 2015, making for the busiest January in the port’s 109-year history. "Record January volumes is a very encouraging way to start 2016, particularly after the slow start that West Coast ports experienced last year," said Port of Los Angeles Executive Director Gene Seroka. January 2016 imports surged 41.6 percent to 367,208 TEUs compared to the previous year.
42 People Rescued after Abandoning Ship off Hawaii
Forty-two people are safe after abandoning ship approximately 1,800 miles south of the Hawaiian Islands, Thursday, the U.S. Coast Guard reported. Crewmembers successfully dewatered fishing vessel American Eagle using equipment dropped by an HC-130 Hercules airplane crew from Air Station Barbers Point. Thirty crewmembers are currently aboard the fishing vessel cleaning and assessing damage after a fire broke out Wednesday.
Yacht Club Takes Delivery of New Dredger
Rose City Yacht Club, a long-standing private marina and social club along the Columbia River in Portland, Ore., recently took delivery and startup of a new 8-inch Badger Class dredge from Reserve, La.-based DSC Dredge, LLC. The Badger dredge was a much-needed replacement for an older dredge the club had purchased used and had operated for more than 20 years. After researching its options, the yacht club’s members decided in early 2015 to order the Badger Class dredge…
