SC Ports Posts Earnings of $39 Mln
Today South Carolina Ports Authority reported 2016 fiscal year-end operating earnings of $39 million, revenues of $211 million and operating expenses of $172 million.
LR's OVID to Strengthens Vessel, Rig Inspection Service
Inspectors of Lloydâs Register are optimising inspection regimes thanks to their accredited status using the OVID web based inspection tool to reference inspection reports.
Indonesia Sinks 60 Fishing Boats on Independence Day
On Wednesday, Indonesian Independence Day, the southeast Asian country sank 60 vessels â 58 foreign boats and two domestic vessels â it captured for unlawfully fishing in its territorial waters.
Indonesia to Change Name of South China Sea to Natuna Sea
President of Indonesia Joko Widodo, commonly known as Jokowi, has vowed to transform Indonesia, which includes 17,000 islands into a âmaritime powerâ, and alsoâŚ
Caterpillar to Establish Singapore Marine Hub
Caterpillar Marine is establishing a new Marine Center in Singapore in the facility at 5 Tukang Innovation Grove previously occupied by Caterpillar Remanufacturing.
What Happened to Malaysian Marine Tanker?
Malaysian and Indonesian maritime authorities were searching for a fuel tanker with 10 crew members on board that has disappeared in an apparent hijacking. According to a Reuters reportâŚ
Japan, China, South Korea Plan Maritime Talks
China is working with Japan and South Korea to arrange foreign minister talks next week, pairing a hard-line stance on maritime issues with a greater willingness for dialogue, says a report in SCMP.
500 Passengers Abandon Burning Ship In Caribbean Sea
More than 500 passengers and crew evacuated from burning Caribbean Fantasy, a combination cruise and ferry ship, about a mile off Puerto Ricoâs north coast WednesdayâŚ
India Bullish on Logistic Costs Saving through Sagarmala
Augmenting operational efficiency of ports & optimizing logistics evacuation can give boost to Indian trade and help seize the big opportunity of growth in Indian cargo traffic at ports which is estimated to increase to 2.5 bn MMTPA by 2025, says a report prepared under the Sagarmala port-led development programme of Ministry of Shipping. The Origin Destination study on cargo traffic projections &âŚ
Hundreds Rescued from Ferry Ablaze off Puerto Rico
Hundreds of people were rescued from a smoldering passenger ferry ship that caught fire off Puerto Rico on Wednesday, the U.S. Coast Guard said. The Coast Guard and local police brought ashore all 512 passengers and crew from the American Cruise Ferries vessel that was burning about two miles (3.2 km) off of San Juan, Puerto Rico's capital, the Coast Guard said in a statement. Rescue crews worked for hours to remove passengers and ferry employees, the last of whom disembarked just after 2 p.m.
Tanker Outlook Dented by Middle East Refineries
A steep rise in refinery capacity in the Middle East, the worldâs crude oil production hub, will diminish oil trade growth and with it prospects for tanker shipping, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry. The global crude oil trade, which surged last year on the back of strong growth in oil demand and stocking activity, is expected to continue to expand strongly over the next 18 months supported by an anticipated rise in U.S.
Crowley Adds New Container Shipping Service
Crowley Maritime Corporation announced that it is launching a new weekly fixed-day container shipping service between Jacksonville and Costa Rica. The serviceâs two containerships will call at the Jacksonville Port Authorityâs Talleyrand Terminal, making port calls in Jacksonville on Thursdays, Port Everglades, Fla., on Fridays, and arrive in Puerto Limon, Costa Rica, on Wednesdays. âWe are confidentâŚ
MN100: John Deere Power Systems
John Deere Power Systems manufactures and markets industrial, marine and generator drive diesel engines, as well as drivetrain components for use in a variety of off-highway applications. The full line of propulsion and gen-drive PowerTech marine engines â 4.5L, 6.8L, 9.0L, 13.5L â that range in power from 60 kW to 559 kW (80 â750 hp), meet IMO Tier II, EPA Tier 3, and EU Recreational Craft Directive emissions requirements, while offering low noise, low vibration and excellent fuel economy.
Eastern Launches Towboat for IWL River
Eastern Shipbuilding Group, Inc. has launched the second vessel in a series of four new inland river towboats for IWL River, Inc. The newly built vessel, Impala Puerto Salgar (Hull #244), was launched on August 2, 2016. The series of CT Marine designed 134 ft. ABS Classed Inland River Service towboats are Triple Screw with a Retractable Pilothouse and all are currently under construction at Easternâs Allanton facility.
Senior Officers Admit to Concealing Oily Waste Discharge
Two senior engineering officers employed by an Italian shipping company admitted they deliberately concealed their vesselâs discharge of oily waste into the sea, U.S. Attorney Paul J.
BAE Systems Delivers Tug to Seabulk Tankers
Built at BAE Systemsâ Jacksonville, Fla. shipyard, the new tug Sea Power has delivered the tug Sea Power to Seabulk Tankers, Inc. to be used to enhance the shipperâs Jones Act coastal operation, powering barges that transport chemical and petroleum products between U.S. ports. Sea Power is a 141-foot-long, 12,000-brake horsepower, twin-screw tug that will work in tandem with a high-specification, 30,000 deadweight tonnage chemical tank barge as an articulated tug and barge unit.
Bouchard Hosts Leadership Training Course
Bouchard Transportation Co., Inc. During the weeks of July 18-21, and August 1-4, Bouchard Transportation Co., Inc. partnered with SUNY Maritime College and privately hosted the required USCG Leadership & Managerial Skills Course at Bouchardâs corporate headquarters in Melville, N.Y. for all Bouchard tug captains and chief engineers. Bouchard is the first operator to privately host this class for their vessel employees.
MN100: International Paint
For over 130 years, AkzoNobelâs Marine Coatings business, International, has pioneered the development of market-leading coatings for the shipping industry. The firm prides itself in its commitment to innovation, continual investment in research and development and a resolute focus on solving the increasing challenges our customers face. AkzoNobelâs marine coatings business, International, has worked hard to create the first approved carbon credit methodology in the marine industry.
Eltorque Debuts New Compact Actuator
Eltorque, a Norwegian supplier of electric valve control, has launched a new super-compact valve actuator. âThe market has requested a compact and cost-effective actuator for small valves and in tight spaces. With the QT50, Eltorque has responded to that request by developing the smallest actuator in its class, at 2/3 of the weight and 1/3 the volume of competing products,â said Eltorque CEO Arnstein Kjesbu.
Ferry Carrying 500 People Catches Fire Near San Juan, Puerto Rico
A passenger ferry with hundreds of passengers caught fire off Puerto Rico on Wednesday, and the U.S. Coast Guard and local crews were rescuing people aboard, officials said. U.S.