Oceangoing petroleum barge company Bouchard Transportation Co. celebrated the christening of two new vessels, M/V Kim M. Bouchard and B. No. 270, on Tuesday July 14, 2015 in New Orleans. The ceremony was honored by the Monsignor James Vlaun who blessed the vessels, and Marie Romais, wife of Dimitri Romais, Chartering Manager of SeaRiver Maritime and was attended by executives from Bouchard, VT Halter Marine and several of Bouchard Transportation Co., Inc. customers, business partners, and regulatory agencies The B. No. 270 was launched at VT Halter Shipyard Operations in Pascagoula, Miss., on Friday, May 1, 2015. The tug Kim M. Bouchard was launched at the Moss Point Marine facility in Escatawpa, Mississippi, on February 26, 2015, and is named after the older sister of Morton S. Bouchard III, President/Ceo of Bouchard Transportation Co Inc. Constructed independently of each other, and now paired, the M/V Kim M. Bouchard and B. No. 270 are the largest vessels to date in Bouchard's ongoing fleet expansion program. These are the first of two Articulated Tug Barge (ATB) units being constructed by VT Halter Marine, Inc., the second sister ship is the M/V Donna J. Bouchard and B.No.272, which is on schedule for a January 2016 delivery. The B. No. 270 measures 628 feet by 91 feet by 47 feet, has a 260,000-barrel capacity, and is ABS and USCG certified for Jones Act service. The B.No
Coronado, the second Independence-variant Littoral Combat Ship (LCS), was christened on January 14, 2012 during a ceremony at Austal USA in Mobile, Alabama. The Independence-variant LCS, with its trimaran hull–design, offers maneuverability, stability, endurance, shallow draft, three weapon zones, and a flight deck larger than any other U.S. Navy surface combatant, Susan Ring Keith is the ship’s sponsor
Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland. Despite significant improvements during the last few months, STX Finland is going through very challenging times - in particular at the Turku shipyard - following the delivery of the "Allure of the Seas" in October 2010.
Susan Schrempf, President and CEO of the Owen Sound Transportation Company was honored with the Queen’s Diamond Jubilee Medal. Throughout Ms. Schrempf’s tenure with the Owen Sound Transportation Company and Ontario Northland Transportation Commission, she has played a key role in Canada’s transportation industry. She is the past-president and 2nd vice-chair of the Canadian Ferry Operators Association (CFOA).
Tension over the South China Sea highlights the need for the United States to maintain a strong navy to serve as a deterrent, U.S. House Speaker Paul Ryan said on Thursday, criticizing the Obama administration for proposals he said would reduce the U.S. naval fleet. "This just shows that we need to have a strong navy," Ryan said at a news briefing. "We should not have a president proposing to lower our ship count to pre World War One levels
South Korean companies are briskly moving to tap into Iran's fast-growing shipping industry, regarding the Iranian boom as a breakthrough to their prolonged business slump amid the global economic slowdown. According to IRNA, the head of South Korea Maritime Institute Sang Gui Kim voiced his country's readiness for investment in Iran's ports and shipping industry. Sang Gui Kim told reporters on the sidelines of Iran-South Korea Economic Conference in Isfahan.
History was made by Maersk Lines last June when the Line's containership, Susan Maersk sailed into the Port of Long Beach, Calif. on its maiden voyage - establishing a new record as the largest ever to call a U.S. port. Measuring twice the length of the Washington Monument, wider than the Panama Canal and equal in length to about four football fields, the 6,600 TEU vessel was deployed into Maersk's Asia/U.S. West Coast TP6 Service.
The Senate Committee on Homeland Security and Governmental Affairs received a Briefing from Administration personnel on the Dubai Ports World (DPW) acquisition of the Peninsular & Oriental (P&O) company. Committee Chair Susan Collins (R-ME) issued a Press Release stating that she introduced a resolution calling for a thorough review and Congressional consultation before the transaction could proceed. Source: HK Law
Hill Dickinson’s market-leading marine, trade and energy group announced its latest series of promotions. A total of eight promotions have been made across the group’s yacht, shipping and energy and commodities teams. Pawel Wysocki, Stuart Kempson and Ian MacLean have been promoted to Partner. Susan Leonard and Mary Prentice have taken on the role as Legal Director and Thomas Frei, Fergal Quinn and Edward Hicks have been promoted to Associate. Team information
Inmarsat Government, a leading provider of secure, global, mission-critical telecommunication solutions to the U.S. public sector, announce the appointment of Susan Miller as president and chief executive officer. In this role, Miller will be responsible for the overall business strategy and direction for Inmarsat Government, a wholly-owned, independent subsidiary of Inmarsat plc, responsible for all direct U.S. government business.
SBM Offshore's first-half results lagged analysts' expectations on Wednesday as challenging conditions persisted in the oil industry and the Dutch oil services company announced an additional 250 job cuts. It said it did not expect a full recovery in its business until 2018
Two senior engineering officers employed by an Italian shipping company admitted they deliberately concealed their vessel’s discharge of oily waste into the sea, U.S. Attorney Paul J. Fishman announced. Girolamo Curatolo, 50, of Custonaci, Sicily, the chief engineer of an oil tanker
Libya's National Oil Corporation (NOC) said on Thursday that rival forces had agreed to let a tanker dock at Zueitina port to load oil and take it to a safe place. The NOC expressed concern earlier this month after reports of possible clashes between the Petroleum Facilities Guard (PFG)
The Korea Shipowners’ Association (KSA) has officially suggested Hanjin Shipping merge with Hyundai Merchant Marine (HMM) to prevent court receivership and liquidation, reports Business Korea. This is the first time that the industry recommends the merger of the two
The demand outlook for the multipurpose fleet has not improved since the first quarter of 2016. The breakbulk and project cargo sector remain weak, with little suggestion that volumes will improve significantly until the end of 2017, according to the latest Multipurpose Shipping Market
MARAD released an Energy Efficiency White Paper. The Maritime Administration (MARAD) has announced the availability of the Energy Efficiency White Paper that provides marine vessel owners and operators information on how to evaluate potential investments in efficiency measures and technologies
An international team of researchers led by Susan Solomon at Massachusetts Institute of Technology (MIT) has identified the “first fingerprints of healing” of the Antarctic ozone layer, published this week (30 June 2016) in the journal Science.
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading industrial plant EPC contractor,won $101.6 million worth of order to supply two vacuum vessel sectors (No.7, 8) for ITER (International Thermonuclear Experimental Reactor).
Missiles flew far enough to reach any part of S.Korea. North Korea fired three ballistic missiles on Tuesday which flew between 500 and 600 km (300-360 miles) into the sea off its east coast, South Korea's military said, the latest in a series of provocative moves by the isolated country.
The Korean Register has announced that it has successfully completed a feasibility study for the conversion of an 8,600 teu containership into a 10,000 teu vessel. This new capacity specification was developed in response to a shipping company’s desire to adapt to recent shipping
As the leader of customer-focused terminal operations in North America, GCT USA has welcomed the Hyundai Saturn to GCT Bayonne. The Saturn is the first of five Hyundai ships in the G6's New York Express (NYX) service calling the port of New York and New Jersey through the
The Seoul Central District Prosecutors’ Office summoned the chief financial officer (CFO) of Daewoo Shipbuilding & Marine Engineering Co. (DSME ) today (Friday) over his alleged involvement in the financially troubled company’s accounting fraud.
Turkey imposed a tax this week on imports of thermal coal from Colombia, Russia and other major exporters, for use in power generation, to support domestic coal production. The Turkish cabinet decided to impose the tax of $15/tonne on imports from the United States, Colombia
A comprehensive technical feasibility study has determined the SS Unites States to be structurally sound, but a number of insurmountable obstacles will keep America’s Flagship from returning to seagoing service. In February, Crystal Cruises reached a deal with the SS United States
Oman's crude oil exports will drop by about 50,000 barrels per day when new refining capacity comes onstream in the northern city of Sohar by early 2017, Minister of Oil and Gas Mohammad bin Hamad al-Rumhy said on Wednesday. Rumhy said the refinery project had been due to be commissioned