Interview: Todd Schauer - President, American Salvage Association
Todd Schauer is Director of Operations at Resolve Marine Group, as well as President of the American Salvage Association. After graduating from the U.S. Coast Guard Academy with a degree in Naval Architecture in 1991, he followed that up with graduate degrees in Naval Architecture, Marine Engineering and Mechanical Engineering from the University of Michigan. And, while his considerable U.S. Coast Guard experience includes shipboard engineeringâŚ
Port Everglades Closed for Hurricane Matthew
Broward Countyâs Port Everglades is closed to all ship and truck traffic as the potential category 4 or 5 Hurricane Matthew approaches the U.S. East Coast. The portâŚ
Brazil Prosecutors Uphold Rejection of SBM Leniency Deal
Dutch oil-ship lessor SBM Offshore NV said on Thursday that Brazilian prosecutors have confirmed their Sept. 1 decision to reject a $328.2 million leniency dealâŚ
Windea La Cour Goes to Work
Two years on from the launch of the Ulstein Groupâs X-STERN design at the ONS 2014 maritime exhibition in Stavanger, the first vessel to feature the innovative hull line has entered service at the Gemini offshore wind farm. The newly built Windea La Cour incorporates the X-STERN: a pointed stern instead of a conventional transom stern, offering increased comfort and flexibility due to reduced vibrations and slamming, according to Ulstein.
Oil Rallies as Hopes Grow for Output Cut
Oil rallied to four-month highs on Thursday, underpinned by a surprisingly large drop in U.S. inventory levels the previous day and by growing expectations for theâŚ
ARCOS Brings Technology Approach to Shipbuilding
ARCOS Innovations Inc. is a new joint venture founded by members of SSI leadership and a senior SSI reseller with expertise in the implementation and developmentâŚ
Hurricane Matthew Strengthens as it Heads for US
Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, strengthened as it barreled toward the southeastern United States on Thursday after killing at least 140 people, mostly in Haiti, on its deadly northward march. As Matthew blew through the northwestern Bahamas on Thursday en route to Florida's Atlantic coast, it became an "extremely dangerous" hurricane carrying winds of 140 miles per hour (220 kph), the U.S. National Hurricane Center said.
Nimitz Begins Sea Trials
Sea trials for the newly refurbished U.S. Navy aircraft carrier USS Nimitz (CVN 68) commenced on October 5, following a 20-month Extended Planned Incremental Availability (EPIA) at Puget Sound Naval Shipyard in Bremerton, Wash. Nimitz entered the shipyards in February 2015 for its fifth major maintenance period and completed the largest maintenance period to date without bringing the carrier into dry dock, according to Cmdr.
Trelleborg Bears Weight of Largest Ever Offshore Facility
Trelleborgâs engineered products operation has supplied a selection of bearing solutions for the world's first floating liquefied natural gas (FLNG) project â Shellâs Prelude FLNG. Trelleborg has manufactured and delivered 52 vertical elastomeric bearings and 156 horizontal bearings for use on the 13 modules onboard the facility, as well as 40 turret bogey bearings to enable natural movements of the turret.
Great Lakes Limestone Trade Slides in September
Shipments of limestone on the Great Lakes totaled 2,958,522 tons in September, a decrease of 9.5 percent compared to a year ago, reports the Lake Carriersâ Association (LCA). Septemberâs loadings were also 13.3 percent below the monthâs five-year average. Loadings from U.S. quarries totaled 2,495,401 tons, a decrease of 14.8 percent compared to a year ago, according to LCA, and shipments from Canadian quarries totaled 463,121 tons, an increase of 35.8 percent.
TPI Megaline Selects ABBâs OCTOPUS Software
The Korean heavy lift company TPI Megaline has selected ABBâs predictive OCTOPUS marine software to ensure safe and efficient operations on one of its vessels. Mega Caravan transports huge loads such as oil rigs and drill ships, ABBâs software will assist the shipâs officers so the vessel is not subject to dynamic weather and accelerations. TPI Megalineâs customers will also be able to monitor the journey from shore, via ABBâs Fleet Portal.
Millions Flee as Southeast U.S. Braces for Matthew
Intensifying storm slams into Bahamas; landfall expected in Florida late on Thursday. Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, slammedâŚ
Asia Dry Bulk-Capesize Rates to Remain Steady
Owners seeking to push rates higher, close to year-long highs; dry bulk sector to see greater consolidation - BIMCO. Freight rates for large capesize dry cargo shipsâŚ
Asian Crude Demand Pushes Charter Rates
Robust Asian demand for West African crude is fueling a worldwide surge in shipping rates for the largest oil tankers that is being felt from Houston to Singapore.
GPA adds 100 acres Auto Processing Space
At the annual State of the Port address hosted by the Brunswick-Golden Isles Chamber of Commerce Wednesday, Georgia Ports Authority Executive Director Griff LynchâŚ
COSCO, China Shipping Merge Shipbuilding Units
Chinaâs two biggest state-owned shipping companies plan to merge 11 shipbuilding yards into a single entity in one of the industryâs biggest consolidation moves yet, reports Wall Street Journal.
Hanjin, MSC Vessels Collide off Singapore
The container ship Hanjin New York dragged anchor and collided with container carrier MSC Claudia off Singapore, say local media reports. The incident that occurredâŚ
Evergreen Line Expands Adriatic-Israel Service
Evergreen Line is to partner with COSCO in operating a joint Adriatic - Israel (AIS) Service. The new initiative opens up the corridor between North Adriatic portsâŚ
CMA CGM Bags Award for CSR Performance by EcoVadis
For the second consecutive year, CMA CGM has won the âGold Recognition Levelâ by EcoVadis a specialist agency in CSR evaluation. This award acknowledges CMA CGMâsâŚ
Singapore Continues to Harmonize LNG Bunkering Standards
To develop the worldâs first set of harmonised LNG bunkering standards, a network comprising Antwerp, Rotterdam, Singapore and Zeebrugge, subsequently expanded to include Jacksonville and NorwayâŚ