Environmental Services USCG Contract for Tetra Tech
Tetra Tech, Inc., says it has been awarded the US$60-Million contract with the U.S. Coast Guard (USCG) for professional architect-engineering environmental services. Under this five-year, multiple-award contract, Tetra Tech will provide services in support of USCG environmental compliance, restoration and environmental liabilities, planning, and sustainability programs. Services will be performed at both onshore and offshore structures…
Ultrapetrol Completes 100% of Mortgage Note Exchange
The company informs that the notes were issued for an equal principal amount of 8 7/8% First Preferred Ship Mortgage Notes due 2021, that are registered under the Securities Act of 1933, as amended and expired on January 24, 2014 at 5 p.m. Ultrapetrol add that as of the Expiration Time, holders of $25.0 million aggregate principal amount of the Notes have participated in the Exchange Offer, representing 100% percent of the Notes eligible for exchange.
MOL Container Ships Remarkably Punctual on Some Routes
Container ship operators MOL has updated its KPI 'On Time Arrival Performance' quarterly results for October - December 2013 for the major trade lanes. In Q4 2013, MOL vessels maintained 100% on-time performance in Asia-USWC. The overall performance decreased to 83%, compared to 88% in Q3 2013 due to port congestion at Pusan and Shanghai. Asia-USEC services’ performance was slightly worsened to 62% in Q4 2013 due to port congestion at Pusan…
Matson Show Confidence with Q1 2014 Dividend Payout
The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, has declared a first quarter 2014 dividend of $0.16 per common share. "Today's declaration reflects the solid foundation of our core businesses and the continued confidence we hold in our ability to generate strong cash flows," said Matt Cox, Matson's President and Chief Executive Officer. Matson say that the dividend will be paid on March 6…
Greek Tankship Operators TEN Public Share Offering
Tsakos Energy Navigation Ltd. (TEN) plans to offer its common shares in a public offering. The Company says it plans to use the net proceeds of the offering to finance the growth and modernization of its fleet, and for general corporate purposes. Entities affiliated with the Tsakos Holdings Foundation, which is the Company’s largest shareholder, have indicated their intention to purchase 500,000 of the common shares sold in the offering.
Glosten Associates Joined by Marine Consultant Peter Soles
Peter Soles has joined The Glosten Associates as a Marine Consultant and will be supporting the firm’s ocean engineering and marine logistics projects. “Peter brings a broad knowledge of marine transportation policy, oceangoing vessel management and operation, voyage and cargo logistics, navigation, and tug/towing operations,” said Justin Morgan, PE, Glosten Principal. The company adds that prior to joining Glosten…
Vigor Set to Buy Alaska's Seward Ship's Drydock
Vigor Industrial inform that the owner of Seward Ship’s Drydock has signed a letter of intent to sell the assets of the Seward, Alaska, shipyard company to Vigor Industrial. Seward Ship’s Drydock operates as a full service shipyard and drydock facility, in Seward, Alaska. Under the terms of the tentative deal, the Seward shipyard would join Vigor as a subsidiary of the company’s Vigor Alaska subsidiary.
Navy to Christen Second Mobile Landing Platform
The U.S. Navy said it will christen Mobile Landing Platform (MLP) John Glenn Feb. 1, during a 1 a.m. PST ceremony in San Diego, Calif. Chief of Naval Operations Adm. Jonathan Greenert, will deliver the ceremony's principal address. Lyn Glenn, daughter of John Glenn, will serve as the ship's sponsor. Upon delivery to the U.S. Navy's Military Sealift Command (MSC), John Glenn will be designated as a United States Naval Ship (USNS)…
Ships Remove More Chemical Materials from Syria
The Danish-led maritime Task Group participating in Operation RECSYR successfully shipped out the second batch of chemical materials from the Syrian Arab Republic in support of the UN-OPCW Joint Mission as mandated by UN Security Resolution 2118. The chemical materials were verified by UN Joint Mission personnel before being loaded onto the Danish merchant vessel ARK FUTURA and the Norwegian merchant vessel TAIKO in the Syrian port of Latakia.
Coast Guard Medevacs Injured Tug Crewman
The U.S. Coast Guard medevaced an injured crewmember from a tug vessel on Elliot Bay, Wash., Thursday. Coast Guard Sector Puget Sound watchstanders in Seattle received a call just after 8 a.m.
Cape Cod Canal Remains Closed
Massachusetts’ Cape Cod Canal will remain closed daily from 7 a.m. to 5 p.m. through Friday, February 7, 2014 to permit maintenance work on the vertical life railroad bridge across the canal.
Damen Wins Double Repair Order
Damen Shiprepair Brest (France) received a booking for the drydocking and repairs of two shuttle tankers managed by Knutsen NYK Offshore Tankers A/S. The 88,109 GRT sister vessels Karen Knutsen and Sallie Knutsen expect to arrive end February and Middle of March respectively. Damen Brest’s Managing Director Jos Goris commented, “We are very pleased with the order from Knutsen NYK Offshore Tankers.
Shell Suspends Alaskan Offshore Drilling
Faced with an earnings slump and added pressure from a recent federal court ruling, Shell has abandoned plans for offshore drilling near Alaska in 2014. Shell’s new CEO Ben van Beurden announced to investors today that the company will undergo a major refocus aimed at reversing down financial results, and part of that plan involves leaving Alaska off its agenda—at least for 2014. The major cog Van Beurden referenced was a federal ruling that said the U.S.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Separate Ship Collisions in Singapore Result in Two Spills
The Maritime and Port Authority of Singapore (MPA) reported two separate vessel collision incidents, both resulting in spills. The MPA said it received a report on January 29, at about 6:30 p.m.
Kongsberg to Electronically Outfit New Pipelayer Vessel
Kongsberg has been appointed as the supplier and integrator of all electrical, telecom and integrated control systems for the new Petrofac JSD 6000 deepwater derrick lay vessel…
Durnan Appointed Senior Vice President at ISS
Maritime services provider Inchcape Shipping Services (ISS) announced the appointment of Captain Michael Durnan, U.S. Navy (Retired) as Senior Vice President, Remote and Government Services. Reporting to Jan-Hein Dissel, COO of Supply Chain Solutions at ISS, he will head up an experienced business development and operations team based in Dubai. Captain Durnan was commissioned as a Naval Officer in 1978 and spent his career serving on various U.S. Navy ships.
UKHO Launches New Routing Charts
The United Kingdom Hydrographic Office is launching a new large-scale routing chart covering the busy shipping waters of Vietnam, Indonesia and the Malacca Strait. Routing Chart 5141 is the latest addition to the UKHO's routing chart series and will be published on February 27, 2014. As well as covering a very busy shipping area, Routing Chart 5141 has been compiled in a larger scale than the UKHO's…
Board Changes at Aker Arctic Technology
After the acquisition of 66.4% of the shares by Finnish Industry Investment Ltd (fully owned by the State of Finland) Aker Arctic Technology Inc.’s extraordinary…
BAE Systems Launches Jackson Offshore PSV
BAE Systems today launched the first of four platform supply vessels it’s building for Jackson Offshore Operators, LLC. These vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S. commercial shipbuilding and its support to the offshore oil and gas industry. The launch ceremony for the M/V Breeze included representatives from both companies.