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IHC Merwede Appoints South East Asia CEO
IHC Merwede strengthens its internationalisation strategy with new CEO for South East Asia. IHC Merwede, a global maritime, engineering and manufacturing group, has appointed Denis Welch as its CEO for South East Asia. He will be responsible for helping the company to reinforce its regional identity and expand its Asian-centred operations – which are focused on its offshore and marine activities. IHC…
U.S.-Flag Lakers' October Cargo Up 3 PCT
U.S.-flag Great Lakes freighters (“lakers”) carried 9.8 million tons of dry-bulk cargo in October, a weather-driven decrease of 3 percent compared to September, but an increase of 3.2 percent compared to a year ago. The October float was 5 percent below the month’s 5-year average, but the decrease partially reflects the significant weather-related delays the fleet experienced. Iron ore cargos for the steel industry increased 12.8 percent compared to a year ago.
IADC Authors Award at CEDA Dredging Days
An IADC Best Paper Award for a Young Author under the age of 35 was presented to Bas Borsje at the CEDA Dredging Days in Rotterdam on November 11, 2011, for the paper “Biogeomorphological Interactions on a Nourished Tidal Flat: Lessons Learned from Building with Nature”. Tidal flats are valuable habitats for different plants and animals, but unfortunately the total area of tidal flats is decreasing worldwide owing to various problems such as sea level rise…
Mercator Announces H1 Results
For the half year period ended 30th September, 2011, Mercator Lines Ltd. registered 25% growth in Total Income which stood at Rs.1584 crores (Rs.1268 crores). The…
Krishnapatnam Now India's Deepest Port
Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters. With this measure, the port now shares the honor of being the deepest draft port in India along with another port that’s situated on the east coast of India. The port has 3 cutter suction dredgers and 3 trailer suction dredgers that are continuously working round-the-clock undertaking capital and maintenance dredging.
NY Canals to Temporarily Reopen
Open from Oswego to Waterford to Allow Stranded Boats to Reach Destinations. Sections of the Erie Canal and the Oswego Canal will temporarily reopen for a two-week period that begins Sunday, November 20, the New York State Canal Corporation announced. The eastern portion of the Erie Canal has been closed to navigation in the Mohawk Valley since major flooding in late August damaged several canal structures.
Great Lakes Iron Ore Trade Up 13 PCT in October
Iron ore shipments on the Great Lakes totaled 5.7 million tons in October, a decrease of 11 percent from September, but an increase of 13 percent compared to a year ago. October loadings also were up 7.2 percent compared to the month’s 5-year average. Shipments from U.S. ports totaled 5.1 million tons, an increase of 18 percent compared to a year ago. However, loadings at Canadian ports slipped 16.3 percent from a year ago.
IHC Merwede Poised for Expansion
A decision has been made to maintain the current shareholder structure at IHC Merwede. The IHC Merwede Supervisory Board – in addition to all of the current shareholders…
Great Lakes Coal Trade Down in October
Shipments of coal on the Great Lakes totaled 3 million net tons in October, a decrease of nearly 11 percent compared to September, and a drop of 9.6 percent compared to a year ago. The trade slumped even more – 20.7 percent – when compared to the 5-year average for October. Loadings at Lake Superior ports fell to 1.5 million tons, a decrease of 21.6 percent compared to a year ago. Shipments from Lake Michigan terminals rose 40 percent for the second straight month.
Cummins Introduces QSB7 Marine Auxiliary Engine
Cummins Inc., a manufacturer of diesel engines for the commercial marine industry, is pleased to announce the latest addition to the Quantum Series product line…
New Report: Jones Act Vital to National Security
A recently released report from the Lexington Institute, The Contribution Of The Jones Act To U.S. Security, says the longstanding maritime law is vital to U.S.
Port Ops and Vessel Efficiency
According to the United Nations, the world’s population which currently stands at just over 6.7 billion could reach over nine billion by 2050. This staggering figure will no doubt create a surge in consumerism and a subsequent increase in demand for much larger ships, in order to be sufficiently equipped to support the global trade economy. Furthermore, the need for bigger vessels is being driven by the shipping companies’ desire to reduce costs…
Great Lakes Coal Down 7 PCT in September
Shipments of coal on the Great Lakes totaled 3.4 million net tons in September, an increase of nearly 15 percent compared to August, but a decrease of 7 percent compared to a year ago. The trade was more than 10 percent off the 5-year average for September. Loadings at Lake Superior ports topped 2 million tons for the first time this year, but still represented a decrease of 6.5 percent compared to a year ago.
ACP Reaches Milestone in Canal Expansion
Panama President and Canal Authorities Commemorate New Milestone in Canal Expansion Work. Panama President Ricardo Martinelli witnessed a new milestone at the Canal Expansion with the filling of a segment of the new access channel that will allow the transit of Post-panamax vessels between the new Locks and the Culebra Cut. Panama Canal Authority Board of Directors Chairman and Canal Affairs Minister…
U.S.-Flag Lakers' September Cargo Up 7.6 PCT
U.S.-flag Great Lakes freighters (“lakers”) carried 10.1 million tons of dry-bulk cargo in September, a decrease of 2.7 percent compared to August, but an increase of 7.6 percent compared to a year ago. The September float was also virtually tied with the month’s 5-year average. Iron ore cargos for the steel industry increased 16.3 percent compared to a year ago. Limestone cargos for construction, steel production…
AREG Members Tackle Renewable Challenges
Asset integrity and initiatives to tackle skills shortages are among the subjects to be discussed when Aberdeen City and Shire’s leading renewable energy industry body hosts a business seminar in Aberdeen today (Tuesday, October 18). Leading figures from five of Aberdeen Renewable Energy Group’s (AREG) member organizations will be highlighting and addressing current industry issues. They will also brief fellow members on recent developments and emerging solutions in their specialist areas.
U.S.-Flag Lakers' Cargo Up Nearly 4 Percent in August
U.S.-flag Great Lakes freighters (“lakers”) carried 10.4 million tons of dry-bulk cargo in August, a decrease of 6.6 percent compared to July, but an increase of 3.7 percent compared to a year ago. The August “float” was also largely in line with the month’s 5-year average. Iron ore cargos for the steel industry increased 8 percent compared to a year ago. Limestone cargos for construction, steel production…
IHC Merwede Rents Out First IHC Beaver Dredger
IHC Merwede has entered the international rental market with its standard IHC Beaver dredgers and DMC work boats. The company has identified a demand in the market for vessels and equipment that may only be used for a relatively short period of time. In August, the first dredger – an IHC Beaver® 40 – was rented out to a contractor in Europe. The dredger was easily loaded on to trucks and transported to the dredging site, where it was quickly deployed by a team of IHC Merwede engineers.
Focus on Innovation for IHC Merwede at Europort 2011
As a global market leader in dredging and mining vessels and equipment, and a reliable supplier of custom-built ships and supplies for offshore construction, IHC…
LCA: Lakes Limestone Trade Up 14 Percent in August
Shipments of limestone on the Great Lakes totaled 3.8 million net tons in August, an increase of 4 percent over July, and an increase of 14 percent compared to a year ago. Shipments were also just about even with August’s 5-year average. Shipments from U.S. quarries increased 22 percent compared to a year ago and slightly bettered the month’s 5-year average. Loadings at Canadian quarries were off roughly 15 percent compared to both a year ago and August’s 5-year average.