Bentley Acquires FormSys
Bentley Systems acquired FormSys, based in Perth, Australia. This software development company has a proven, 20-year track record in 3D design, analysis, and construction…
PMC Opens Membership to International Shipowners
For the first time in its history, PANAMA MARITIME CHAMBER (PMC) has opened its membership to international shipowners with vessels registered in Panama – making…
Statoil & Partners Win Offshore Canada Bid
Statoil, Chevron Canada and Repsol E&P Canada have been named the successful bidders for exploration rights on two land parcels in the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada. This was the result of a land sale issued by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). The land parcels are located west of Statoil’s Mizzen discovery in the Flemish Pass Basin. Statoil will be the operator of both licences with a 50 % interest.
Tonnage Numbers Steady at U.S. Ports
U.S. ports continued to post positive tonnage numbers in October. The Seaway’s year-to-date total cargo shipments from March 22 to October 31 were 29 million metric tons, up 2 percent from the same period last year. “With just two months left in the 2011 navigation season, the Seaway is on track to meet its projected seven percent improvement over last year’s tonnage performance,” says Rebecca Spruill, Director of Trade Development for the Saint Lawrence Seaway Development Corporation.
BAE Systems: 5-Year Royal Navy Contract
BAE Systems won a five year contract to provide information services vital to the successful operation of the entire surface fleet for the Royal Navy and Royal Fleet Auxiliary in Portsmouth.
Norden Raises Guidance for 2011
Danish shipping company D/S Norden upgraded earnings guidance for 2011, saying its dry-bulk business gained market share and it saw prospects for a solid fourth quarter. - NORDEN’s operating earnings (EBITDA) in the third quarter 2011 were $36m, a $14m improvement on the third quarter 2010. - EBITDA in Dry Cargo was USD 35 million, up from USD 27 million in the same period last year. T/C income per ship day outperformed market rates by 25%, mainly due to high coverage at sound rate levels.
Keppel Singmarine Wins $36m Contract
Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts from Indonesian customers worth a total of about $36m.
Davits Help Arctic MOB and Rescue
Norway-based boat handling system and specialised davit supplier Vestdavit has developed a sliding davit solution which permits easy handling and maintenance of rescue craft in Artic conditions. Vestdavit’s PLR-3600 MOB/FRC davit is DNV and ABS approved for work in -40 degree C and can handle MOB boats and Fast Rescue Craft safely in Arctic conditions. “As the Arctic opens up to shipping and oil exploration…
Work Boats Exchange: A New Hosted Commercial Marine Buyer's Event
Global Exchange Events, a rising star in the creation of industry-leading Hosted Buyer Events, is redefining commercial marine industry B2B events with the creation of Work Boats Exchange, which will be held April 9-12, 2012 at the Ritz-Carlton Fort Lauderdale. “We see this as the perfect complement to trade shows,” said Rob Ingraham, CEO of Exchange Events. “After participants have had a chance to really see what’s out there at the shows…
Star Bulk Enters Charter Agreement
Star Bulk Carriers Corp. (Nasdaq: SBLK),a global shipping company focusing on the transportation of dry bulk cargoes, said it entered into a time charter contract…
Miko ShipArrestor Featured at Innovation Convention
The ShipArrestor system invented by Miko Marine AS of Oslo has been chosen as one of 50 exhibits at the first European Innovation Convention being held in Brussels on 5-6 December. The ShipArrestor was chosen from among 1200 projects funded by the European Union as it may be used to defend coastlines against the huge environmental damage that can be caused when a drifting oil tanker runs aground. A…
Cosalt Offshore Acquires Spooling Winch
Cosalt Offshore, which provides lifting, tooling and marine services to the oil & gas industry, has recently ordered a second 50-tonne spooling winch from ACE Winches as part of a major investment in equipment. The second winch, destined for Norway, was ordered following an increasingly high demand for the first, which has been in constant operation in the North Sea since its delivery in February 2011.
MENA Appointment for HB Rentals
Global offshore accommodations specialist to the oil and gas industry, HB Rentals has appointed a business development manager for the Middle East and North Africa in line with growing demand and continued expansion in the region. Rami Miled will be based between the company’s facilities in Abu Dhabi, Dubai and Sharjah, UAE and will be responsible for the development of the company’s clients and prospective clients…
Keppel Singmarine Secures Newbuild Contracts
Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts from Indonesian customers worth a total of about S$47 million.
Manson Introduces New Boss Anchor
20-25% more holding power than Manson Supreme anchor in most seabeds. Manson Anchors has introduced the Boss Anchor – the New Zealand-based company’s most technically-advanced, safest anchor ever. “An anchor is first and foremost a safety item. When a customer puts their family’s life and their boats value in your hands, you treat that trust with the utmost responsibility. There are no shortcuts or cheaper alternatives when lives are at risk.
Goodier Honored as Distinguished Lawyer
Jones Walker is pleased to announce that Glenn G. Goodier, a partner in the firm's Admiralty & Maritime practice was honored by the New Orleans Bar Association as the 2011 recipient of the Distinguished Maritime Lawyer award. The awards program was held on October 24, 2011, at the JW Marriott, New Orleans. The Honorable Joy Clement was one of those honoring Mr. Goodier at the luncheon. Mr. Goodier obtained his juris doctor from Loyola University New Orleans College of Law…
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.
Grote's Work Lamp for Workboat Applications
New White Housings, On-Lamp Switches and Powerful, Refined Beam Patterns Add to Work Lamp Family’s Depth and Versatility. Grote Industries, a world leader in high-performance LED lighting technology for the transportation industry, announced the introduction of six new versions of its Trilliant LED WhiteLight Work Lamp today. Grote’s Trilliant family was already the largest and most advanced line of LED WhiteLight Work lamps in the industry.
BSEE Guidance on Suspensions of Production Requests
The Bureau of Safety and Environmental Enforcement (BSEE) today issued a Notice to Lessees (NTL) highlighting a recent decision by the Director of the Office of Hearings and Appeals (OHA) of the Department of the Interior concerning the rules governing the grant or denial of requests for Suspensions of Production. The OHA decision upheld the bureau’s requirement that lessees must demonstrate a commitment to produce in order to be eligible for a suspension.
Osage Repowers with Laborde and Mitsubishi
Although the basic design of inland towboats has not changed in decades, there is a revolution in their propulsion systems. To meet strict environmental regulations while minimizing operating costs, Osage Marine Services has once again turned to Laborde Products to supply state-of-the-art Mitsubishi engines to repower a harbor tug. Jackie Sue was refitted with twin Mitsubishi S12A2-Y2MPTK engines rated 940 hp at 1,940 rpm. This is the second such project for the St.