Matson Closes $200 Mln Debt Private Placement
Matson, Inc. announced the issuance of $200 million in privately placed 15-year final maturity senior unsecured notes pursuant to a previously announced commitment letter on July 18, 2016.
'Deepwater Horizon' Filmmakers Say Authenticity a Priority
A top priority for a new movie about the deadly 2010 Gulf of Mexico oil spill was ensuring it accurately depicted the disaster that killed 11 workers, its director and main actor said. "Deepwater Horizon", which had its world premiere at the Toronto International Film Festival on Tuesday evening, focuses on the hours before and after the rig explosion on April 20, 2010 that led to the worst offshore oil disaster in U.S. history.
MN100: KRAL-USA, Inc.
KRAL has been manufacturing pumps and flow meters for the marine industry since 1950. KRAL is well renowned for high quality, durable and rugged solutions suitable for harsh marine environment. KRAL is quality, innovation and quick response anytime and anywhere. Pump packages, pump skids and compact double pump stations are often custom made to meet customer requirements. KRAL looks far beyond its own product portfolio to gain a full understanding of the customer’s requirements…
WSDOT Christens New Ferry Chimacum
The Washington State Department of Transportation (WSDOT) christened Chimacum, the third Olympic Class vessel to join the Washington State Ferries (WSF) fleet. The ceremony took place at Vigor's Harbor Island Shipyard in Seattle, and marked the vessel’s final stage of construction and its preparation for sea trials. In a traditional maritime ceremony, Washington State Ferries Assistant Secretary Lynne Griffith broke a bottle of champagne to officially welcome the new ferry to the fleet. Gov.
MAN Extends Relationship with Mercy Ships
At a signing ceremony at the SMM 2016 Marine Trade Fair in Hamburg, MAN Diesel & Turbo expanded its partnership with Mercy Ships, international provider of charitable healthcare. Under the terms of the agreement, MAN Diesel & Turbo’s after-sales division, MAN PrimeServ, will provide spare parts for the four MAN 21/31 GenSets and other MAN installations aboard the hospital vessel MV Africa Mercy to an annual value of EUR 250,000.
The European Network of National Maritime Clusters
One may have all kinds of maritime clusters, depending on the criteria which have been originally selected to create such or such cluster. Some gather maritime professionals who belong to the same geographical areas, some other are based on the type of activity (for instance a cluster of maritime entities active in maritime research & innovation; or in shipbuilding/ship repairs/equipment; or in any other field where maritime professionals want to coordinate and harmonize some of their actions…
Gladding-Hearn Delivers Fast Ferry to Hyline Cruises
Hy-Line Cruises, a division of Hyannis Harbor Tours, Inc., Hyannis, Mass., has taken delivery of Grey Lady IV, a new 493-passenger, high-speed catamaran from Gladding-Hearn Shipbuilding, the Duclos Corporation. The fourth Incat-Crowther fast ferry built by the Mass.-based shipyard for the Cape Cod passenger ferry company is larger and more stylish in design than previous vessels. The new ferry will provide year-round passenger service between Hyannis and Nantucket Island.
Maersk Sells North Sea Stakes to RockRose
Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea fields to RockRose Energy, the latest new entrant into the ageing basin. RockRose suspended trading on Wednesday before announcing it has agreed non-binding headline terms and a period of exclusivity from Maersk Oil North Sea UK to acquire its non-operated 7.4 percent interest in the Wytch Farm field…
MN100: Bristol Harbor Group, Inc.
Bristol Harbor Group, Inc. (BHGI) is a full service naval architecture and marine engineering firm located on the harbor in Bristol, Rhode Island. BHGI has produced more than 50 unique designs to which more than 100 vessels have been built. Specializing in commercial vessel design and consulting, the firm’s experience spans tugs, barges, ATB’s, passenger vessels, dredges and yachts. The BHGI professional team hails from some of the best naval architecture schools in the country.
San Pedro Port Expansion Project Awarded
Ivory Coast has awarded a project to upgrade its second port of San Pedro to global shipping giant Mediterranean Shipping Company (MSC) and the Bilal Group, a government spokesman said on Wednesday.
Philippine Coast Guard Nails Shark Fin Smugglers
The Philippine Coast Guard (PCG) said it has apprehended a motor vessel carrying prohibited shark fin meat. The passenger/cargo vessel Trisha Kerstin 2, owned and operated by Aleson Shipping Lines INC, and skippered by Capt. Joel P. Mendoza, was allegedly carrying prohibited shark meat from Bongao, Tawi-tawi to Port of Zamboanga City, where it was seized by the PCG on September 9. Thereafter, the team…
Chemgas Shipping Inks Maintenance Deal with Alphatron
Alphatron Marine has signed a premium member contract with Chemgas Shipping covering eight gas carriers. The Gas Carriers are fitted mainly with bridge equipment which Alphatron Marine has many years of experience of installing and also supporting these and other high tech navigation and communication equipment onboard. The contract also embraces equipment and services that is subjected to mandatory…
MN100: NABRICO
From the design of barge accessories and deck fittings to the day-to-day commitment to customer service, NABRICO is one of the most highly respected names in the water transportation industry. NABRICO started building bridges in 1902 and built its first piece of floating equipment for the U.S. Corps of Engineers in 1915. More than nine decades of experience, engineering and nautical expertise go into every piece of equipment built today.
MAN Expands Low-Speed Portfolio
MAN Diesel & Turbo has added three new engines to its large-bore engine program. The engines are weight-optimized, compared to their MK 9 counterparts, and form the new design platform for a new Mk 10 engine portfolio. Key to the new platform is the development of the TCEV (Top Controlled Exhaust Valve) and FBIV (Fuel Booster Injection Valve) components. an MAN B&W S70ME-C10 type (delivering 3,430 kW per cylinder).
MAN's G-Type Engine Notches 1,500 Orders
Just six years after its introduction, MAN Diesel & Turbo has confirmed an order for the 1,500th G-type engine. Greek ship operator, Almi Tankers, will take delivery of the ultra-long-stroke 7G80ME-C9 type as prime movers for the two 317,000-dwt VLCC to be built by HHI (Hyundai Heavy Industries Group) in Korea. Coincidentally, Almi Tankers also placed the order for the very first Gtype engine. The crude carriers are due for delivery in, respectively, February and April, 2018.
Wärtsilä Says It’s Ready for the BWM Convention
The International Maritime Organization's (IMO) International Convention for the Control and Management of ships' ballast water and sediments (BWM Convention) has been ratified and will enter into force on September 8, 2017. The treaty will ultimately require vessels in excess of 400 GRT to have a type approved BWMS installed and operating in accordance with the convention guidelines, and which conforms to the Regulation D2 discharge performance standard.
SmartWire-DT Achieves DNV GL Type Approval
Eaton is expanding its product portfolio for the marine and shipbuilding industry with its SmartWire-DT technology, certified by DNV GL. The power management company’s SmartWire-DT products have received type approval from the largest classification organization in the world for integration in control cabinets with protection rating IP20. The offering also includes the XV-300 and XV-100 families of combined HMI/PLCs management and control units with touch technology…
This Day In Naval History: September 14
1814 - During the War of 1812, the sloop-of-war, Wasp captures and burns the British merchant brig, HMS Bacchus, in the Atlantic. A week later, she captures the brig, Atlanta.
MN100: GE Transportation Marine
GE Transportation is a global digital industrial leader and supplier to the marine industry. Established more than a century ago, GE Transportation is a division of the General Electric Company that began as a pioneer in passenger and freight locomotives. That innovative spirit still drives GE Transportation today. The firm employs about 10,000. GE’s Marine Solutions is at the forefront of emissions…
IEA: Global Energy Investment Down 8% in 2015
While the plummet in energy spending should come as little surprise to anyone knowing anything about global maritime and energy markets, the International Energy…
