Fisherman Medevaced NE of Cold Bay, Alaska
A U.S. Coast Guard Air Station Kodiak MH-60 Jayhawk helicopter crew medevaced a 44-year-old man from the fishing vessel Golden Alaska approximately 60 miles northeast of Cold Bay, Tuesday. Watchstanders at the Coast Guard 17th District command center received a medevac request from Health Force Partners for a man suffering from stroke symptoms Tuesday afternoon. Watchstanders notified the Coast Guard duty flight surgeon who recommended the medevac.
ACP, Cheniere Focus on LNG's Potential
Representatives from the Panama Canal, led by Administrator Jorge L. Quijano, hosted executives from U.S. LNG exporter Cheniere Energy, Inc. to discuss the waterway’s…
London P&I Club Sees Encouraging Growth
Following the recent completion of the 2018 renewal, the London P & I Club saw an encouraging 2.5m gt, or 5.8% year-on- year increase in its mutual business, to 45.4m gt.
SCF, Shell Push LNG Fuel for Aframax Tankers
SCF Group signed time-charter agreements with Shell for two dual-fueled Aframax tankers. At a ceremony held during International Petroleum Week in London, the time…
MOL Car Carrier Rescues Sailors in Distress
Mitsui O.S.K. Lines, Ltd. announced today that on February 9, 2018, the MOL-operated car carrier Progress Ace rescued three sailors form a yacht in distress in the North Atlantic Ocean. At 10:05 a.m.
Ensco Announces Cash Dividend
Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.01 per Class A ordinary share payable on March 16, 2018.
Aegean to Acquire H.E.C. Europe
Aegean Marine Petroleum Network Inc. announced today that it has entered into a definitive agreement to acquire all of the outstanding share capital of H.E.C. Europe Limited (H.E.C.)…
Subsea 7 to Invest in Xodus Group
Leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry Subsea 7 S.A. and Chiyoda Corporation announced…
NYSHEX Adds New Members in its Council
The New York Shipping Exchange (NYSHEX), the container shipping industry’s solution for digital and enforceable freight contracting, has announces the appointment…
NMMA Honors MasterCraft’s XStar with 2018 Innovation Award
MasterCraft Boat Company continues its leadership accolades in the towboat category with a prestigious innovation award for its most advanced towboat to date, the 2018 XStar…
IMO on Distress and Safety at Sea
Seafarers depend on a robust distress and safety system when life is in danger at sea. This week’s meeting of the Sub-Committee on Navigation, Communications and…
Global Ship Lease Extends Charter with OOCL
Global Ship Lease, a containership charter owner, today announced that it has agreed to an extension of its charter with OOCL for the OOCL Qingdao, a 2004-built, 8,063 TEU containership.
Germany and Greece: Worst Vessel Dumpers
As in 2016, Germany and Greece top the list of country dumpers in 2017, according to new data released today by the NGO Shipbreaking Platform. German owners, including banks and ship funds…
Matson Reports Q4 Earnings Per Share $3.90
Honolulu-based Matson Inc reported fourth-quarter net income of $166.9 million. On a per-share basis it has profit of $3.90. The ocean transportation and logistics…
BSEE Responds to Oil Platform Fatality in the GOM
The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a platform worker in an area of the Gulf of Mexico known as West Cameron 215A, about 64 miles south of Lake Charles, Louisiana. The offshore oil and gas operator, Energy Resource Technology GOM, LLC, a subsidiary of Talos Production LLC, reported that the fatality occurred at approximately 10:30 am on Feb. 17, 2018.
Maersk Energy: Uptick in Offshore Oil
COPENHAGEN, Feb 20 (Reuters) - Prospects for the offshore oil drilling market are improving but profits for drillers are still under pressure and rates will not rise before 2019, the head of A.P. Moller-Maersk's energy business said. Oil firms have seen cash flow climb in 2017 a high since a three-year slump in crude prices, lifted by their cost-cutting plans and a crude price recovery. Although this has spurred new investment…
Ports of Indiana: Building on Success
The Ports of Indiana is a statewide port authority, established in 1963, which operates three ports: two on the Ohio River, one on Lake Michigan. Port officials refer to the three as “America’s Premier Inland Port System.” They cite location, location, location, providing access via two critical freight arteries – the Great Lakes and the Inland Waterway System and proximity to the world’s most productive industrial and agricultural regions.
Marine News Boat of the Month: February 2018
In late November 2017, Great Lakes Dredge & Dock Corporation (GLDD), the largest provider of dredging services in the United States and a major provider of environmental and infrastructure services, took delivery of the new build ATB hopper dredge Ellis Island and tug Douglas B. Mackie after successful completion of United States Coast Guard and ABS regulatory sea trials. Representing a substantial reinvestment in the GLDD (and U.S.
Sierra Named CEO of SENER US
Engineering and technology group SENER has named Mercedes Sierra CEO of SENER in the United States. Sierra joined SENER in 1985, growing within the organization and functioning in many management roles. This experience includes leading many of the international and multidisciplinary contracts for SENER in the aerospace field. In 2005 Spain’s Ministry of Economy appointed Sierra the Director of Aeronautics…
Seas to Continue Rising Even if Climate Goals Are Met
Sea levels will rise between 0.7 and 1.2 metres (27-47 inches) in the next two centuries even if governments end the fossil fuel era as promised under the Paris climate agreement, scientists said on Tuesday. Early action to cut greenhouse gas emissions would limit the long-term rise, driven by a thaw of ice from Greenland to Antarctica that will re-draw global coastlines, a German-led team wrote in the journal Nature Communications.
