A Coast Guard crew secured an adrift double-hulled barge carrying 5.5 million gallons of petroleum product off the southern coast of North Carolina. Members of Coast Guard Sector North Carolina's prevention department hooked towing gear to the tug Justine Foss, with the help of a rescue boat from Station Wrightsville Beach. Justine Foss is the same tug that responded to the original distress call of the tug Valour's crew. The Coast Guard team was lowered from a Marine Corps helicopter based in Cherry Point, N.C. The Marine helicopter was requested because of its proximity to the operating area. While adrift, the barge hit and displaced the #16 red buoy near Frying Pan Shoals off Wrightsville Beach, N.C. It does not appear that the buoy caused any damage to the barge. The barge was originally set adrift after its tug, the Valour, turned around to recover a crewember that fell overboard in heavy seas. During the search for the crewman, the tug began taking on water and later sank. The search continues for one crewman. Of the other eight, one crewman is confirmed dead, one is believed to have gone down with the tug, one is in Wilmington, N.C., one is en route to Elizabeth City, N.C, and four are safe aboard the Justine Foss. The Coast Guard suspended the search for the last missing crewman of the tug Valour just after midnight this morning. Coast Guard crews searched more than 1700 square nautical miles over a period of 16 hours.
General Dynamics announced that, effective January 1, 2006, Chris Marzilli will become president of subsidiary General Dynamics C4 Systems. He will report to Jerry DeMuro, General Dynamics executive vice president and group executive for Information Systems and Technology. Marzilli will succeed Mark A. Fried, 59, who is retiring. Marzilli has worked in the defense information systems and technology industry for more than 20 years
Pan-United Marine , a Singapore shipbuilder, has won two shipbuilding contracts worth a total of $64m. Delivery of the vessels is expected to be at the end of 2009, Pan-United said.
STX Pan Ocean a South Korean shipping firm, said on Wednesday it would spend about $810 million in 2008 on new vessels including bulk ships and containers. STX Pan Ocean , listed in Seoul and Singapore, also said in a filing to the Korea Exchange it would buy four bulk ships for 143.9 billion won ($153.2 million) by 2010.
STX Pan Ocean has ordered an LNG carrier from Korean shipbuilder Hanjin Heavy Industries and Construction. The vessel will be built at a cost of $215 million. Delivery is expected before 2010. STX Pan Ocean recently reported a 71 percent jump in full-year earnings to $279.8 million on a 20 percent increase in sales to $2.7 billion. Source: ChannelNewAsia
According to an April 21 report from ChannelNewsAsia.com, Pan United tugboat, P-U 2007, went missing in waters off Kuantan in Malaysia the night of April 19. Nine crew members were on board the tugboat, which belongs to Pan United's wholly-owned subsidiary, P.U. Vision. The tugboat which was towing a barge, also owned by P.U. Vision, was en route to Thailand. (Source: ChannelNewsAsia.com) According to the ReCAAP Information Sharing Centre Incident Alert and Bryant’s Maritime News
STX Pan Ocean takes over the 83,000 dwt class Panamax, 'STX Horizon', its first new-build delivery of the year. Having concluded strategic contracts for long-term transportation with domestic and international shippers including POSCO, Hyundai-Steel, KEPCO subsidiaries, Vale and Fibria in Brazil, STX Horizon will be added to the the owner's list of vessels to service these various contracts. A company official said: “Although current dry bulk shipping market is depressed
Alion Science and Technology has been awarded a contract to support the Navy in managing the design and acquisition of the Navy's next generation Guided Missile Cruiser, CG(X). The award, a delivery order under the NAVSEA SeaPort Enhanced (SeaPort-e) contract, has a potential value of $127.8m over five years. The base year value is approximately $18.6m. CG(X) will be a surface combatant tailored for joint air and missile defense and joint air control operations providing airspace dominance
Global Industries was awarded the 2009 National Ocean Industries Association (NOIA) Safety-in-Seas Award on April 16, recognizing their contribution to the safety of life offshore for energy workers. Global Industries was selected by a panel of judges from the U.S. Coast Guard, the Minerals Management Service and the National Academy of Science's Marine Board. NOIA President Tom Fry said, "Global Industries demonstrated that safety is priority number one
With an open day and a ceremonial dinner Germanischer Lloyd has opened its new office facilities in Dalian last week. More than 150 representatives of new building and repair shipyards, ship owners and manufacturers of materials and components from Dalian and the surrounding area attended the event hosted by Station Manager Tian Tao. Vice director of Tian Jin Xingang Shipyard, Mr. Pan Yan Zhong, congratulated Germanischer Lloyd Dalian on the occasion and highlighted the technical support
The Port of Los Angeles has appointed Marla Bleavins as its Chief Financial Officer. Bleavins will oversee the port’s financial affairs, which include accounting, financial management, debt and treasury, risk management and audit functions
European shares fell on Tuesday, the last full trading day of the year, led lower by energy companies as Brent oil fell to a 5-1/2-year low on persistent concerns about a global supply glut. The STOXX Europe 600 oil & gas index was down 1
(Thomson Reuters Foundation) - The morning scene is increasingly routine for Kenyans. When it's time to start the day, the power is already out. Somewhere nearby, the shell of a wrecked electrical transformer lies on its side underneath the pole where it had been fixed 20 feet off the ground.
The gridlock at U.S. West Coast ports that has forced McDonald's to ration French fries at its Japanese restaurants and interrupted supplies to retailers such as Lululemon is unlikely to be alleviated by routing cargoes through Canada, whose Pacific ports face their own problems.
McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports. The fast-food chain said it was importing more than 1
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter and half year ended September 30, 2014. The company reported a 67.7 per cent rise in consolidated net profit at $ 95
Vard Holdings Limited will release its results for the third quarter and nine months ended 30 September 2014, before market opens on Tuesday, 11 November 2014. Senior management will host a physical results briefing and teleconference for analysts and media, details of which are as follows:
Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean Co Ltd
The Max Bögl Group of Companies acquired a new Liebherr mixing tower for production in Osterrönfeld, Germany. An inauguration party celebrated commencement of operations on 16th of July, 2014 for the newly-established precast concrete factory and the concrete mixing plant
As proof of its commitment to providing the right products and the right service, engines Laborde Products supplied over a decade ago are still going strong. When Laborde sales representative Kyle Bordelon was traveling down Louisiana Highway 1, he came across a very familiar vessel in the bayou
With the wharf fire in Wilmington now more than 90 percent contained, terminals at the Port of Los Angeles plan to resume full operations Tuesday evening at 6 p.m. informs the Port. Only the Pasha terminal at Berth 177, the location of the fire, will remain closed
Kelvin Hughes is displaying its new combined camera and radar Single Mast Solution (SMS) at SMM 2014 in Hamburg from September 9-12. The company is also demonstrating the associated CxEye display software which provides intuitive command and control for the system.
Fugawi Aboard, a newly launched product from Northport Systems Inc., combines U.S. and Canadian raster charts, based on National Oceanic Atmospheric Administration (NOAA) and Canadian Hydrographic Service (CHS) nautical charts, into quilted regions for use on compatible chartplotters
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter ended June 30, 2014. Consolidated cargo handled by the company was 33.83 MMT in Q1FY15, an increase of 27%, over corresponding quarter last year
Optimus Seventh Generation Ltd., an Aberdeen headquartered behavioral change consultancy, recently secured two contracts to provide safety leadership training to clients including Bibby Ship Management in the North Sea, and a new Asia-based client.