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
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
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.
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
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
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
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
Captain Valerie Lyzhyn and his 45 crew are stranded in Hong Kong, big losers in a gambling slump triggered by a Chinese crackdown on corruption that has scared off the high-rollers. Lyzhyn, 62, a Russian-born Ukrainian and veteran seaman, and his colleagues
The U.S. dollar rose to a three week high against the yen on Friday, on a report of likely further monetary policy easing from the Bank of Japan, while a rise in crude oil prices was offset by poor technology sector earnings, leaving Wall Street stocks steady.
Rutter Inc. announced that Viking Ice Consultancy selected the sigma S6 Ice Navigator system for installation on the Magne Viking, the first vessel to comply with the International Maritime Organization (IMO) Polar Code approved by DNV GL.
Argentina's oil producers have shipped record volumes of crude this month, spurred by a new government subsidy that has also prompted state-owned oil company YPF to return to the export market for the first time in years. The surge in shipments abroad comes just a month after Argentina's
Shipowners confident rates will climb on tighter tonnage supply; Shipowners seek rates premium for Australian coal cargoes. Freight rates for capesize bulk carriers could continue to recover as ship owners scent the possibility of higher cargo volumes on tighter tonnage supply, ship brokers said
The Coast Guard set Port Condition Whiskey Wednesday for all navigable waters in the North Carolina Captain of the Port Zone in preparation for the anticipated weather impact of Hurricane Joaquin. Gale-force winds of 39 mph are predicted to reach Frying Pan Shoals Lighted Buoy 16 (LLNR 8355)
DBR announced its expansion into the cruise ship industry following a partnership with a Dutch engineering and installation company in the marine and offshore industry. The latter company is currently working on a project that involves the upgrade of the electrical safety system onboard two cruise
Petrofac, Faroe Petroleum and Eni Hewett have established a cost-saving partnership to drive efficiencies and commercial synergies across U.K. operations in the Southern North Sea. The tripartite agreement sees collaboration between Petrofac (Duty Holder) and the respective equity owners
For the third year running, DP World is the top stock in the S&P/Hawkamah Pan Arab ESG Index. The index is the first ever of its kind in the Arab world and ranks the transparency and disclosure of regional listed companies based on Environmental
Kongsberg Maritime has delivered a complete new CCTV system to the U.S. Coast Guard for its heavy icebreaker vessel Polar Star (WAGB-10). The delivery follows a CCTV System upgrade on Polar Star’s sister vessel, the USCGC Healy Polar Ice Breaker, in 2013.
Shin Yang Shipping Corp Bhd (Syscorp) has shifted the focus of its container shipping business to domestic routes in the face of continued volatility in the international container shipping market, reports the Star. The leading Malaysian shipping company has realigned its focus to
Vessel sales for February 2016 (as of March 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 2/22 - ID MERMAID - 27,015 - 01 - (15) - $2.1
A shipwreck discovered off the coast of North Carolina is likely one of three Confederate blockade runners known to have been lost in the area, archaeologists said on Monday. The remains of the iron-hulled steamer were located on Feb. 27 near Oak Island
Marine Security Leader Demonstrates Latest Innovative Surveillance Systems Fort Lauderdale, Fla. – GOST (Global Ocean Security Technologies), a world leader in marine security, tracking, monitoring and video surveillance systems, announced
The new, expanded Panama Canal is set to open soon. Hapag-Lloyd is preparing for the event by optimizing its fleet. Here, we show you what these new ships will look like. The new Panama Canal will usher in a new era in shipping between South America and Europe