Karl Senner, LLC (KS) has reached a new strategic representation agreement with Electronic Power Design (EPD). Karl Senner, LLC now represents EPD in the United States marine and offshore Markets. The distribution agreement will allow KS to offer electrical automation, hybrid solutions and power management.
P/R International Offshore Services ANS (IOS), which is a 50/50 joint venture between Farstad Shipping ASA and P & O Australia has entered into an agreement to purchase a platform supply vessel, design UT 755L, from Consensus Foss KS (Det Nordenfjeldske Dampskipsselskap). The vessel is under construction at Aker Brattvaag. IOS will formally take over the vessel immediately after delivery from the yard in December 2002
Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel. The value of the contract is approximately NOK 150 million. This is the 18th contract between the shipowner, Island Offshore in Ulsteinvik and Aker Yards. The hull for the platform supply vessel will be built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for primo November 2007.
K-Sea Transportation Partners has acquired the 140,000 barrel capacity double-hulled barge S/R New York and the 8,000 horsepower tugboat S/R Everett. This integrated tug barge unit, built in 2000, had been leased by SeaRiver Maritime, Inc., a subsidiary of Exxon Mobil Corporation, from a financial institution. The purchase price of $34 million was financed using available cash and $25 million in borrowings under a new term loan
According to a report from Reuters, Seoul shares edged up in volatile trade on March 8 lifted by shipbuilders and financials, but memory chip manufacturers like Samsung Electronics (005930.KS) and steelmakers underperformed. (Source: Reuters)
The first of five specialist subsea application seminars organized by Kongsberg Maritime’s subsea department starts February 28, 2013 in Copenhagen, Denmark. The free one-day seminars have been developed to enable users of Kongsberg Maritime hydroacoustic systems to speak with the experts and learn how to get the most from these state-of-the art tools. Kongsberg Maritime invites existing customers and those interested in utilizing its survey
K-Sea Transportation Partners L.P. has completed the acquisition of Smith Maritime, Ltd. of Honolulu, Hawaii and Sirius Maritime, LLC of Seattle, Wash. President and CEO Timothy J. Casey said: “We are very excited about welcoming the Smith and Sirius operating teams to K-Sea. This acquisition immediately increases our barrel-carrying capacity by 770,000 barrels, or 22% of our capacity of 3.5 million barrels at June 30, 2007
K-Sea Transportation Partners L.P. has acquired the 140,000 barrel capacity double-hulled barge S/R New York and the 8,000 horsepower tugboat S/R Everett. This integrated tug barge unit, built in 2000, had been leased by SeaRiver Maritime, Inc., a subsidiary of Exxon Mobil Corporation, from a financial institution. The purchase price of $34 million was financed using available cash and $25 million in borrowings under a new term loan
The Senate Commerce, Science, and Transportation Committee approved legislation sponsored by Sen. Frank R. Lautenberg (D-NJ) to reduce congestion on the nation’s roads by encouraging freight to be carried by ships. The measure would create a grant program for America’s Marine Highways to encourage shipping by sea or inland waterway and establish a new program to modernize port facilities to make efficiently transport freight
(East Brunswick, NJ) K-Sea Transportation Partners L.P. announced today that it has successfully completed the ABS HSQE certification process for all of its locations and operating divisions. K-Sea is the first U.S. flag tug and barge operator to achieve ABS HSQE certification, according to ABS. The company's management system meets the standards of the ISM Code, ISO 9001, ISO 14001 and OHSAS 18001. In addition, K-Sea continues to maintain its AWO Responsible Carrier Program certification
Crowley Maritime Corp. informs it has responded to increased market demand, acquiring 16 additional ISO tanks for its Carib Energy group that will be used to supply, transport and distribute U.S.-sourced liquefied natural gas (LNG) to customers in Puerto Rico, the Caribbean and Central America
Seven finalists have been selected for the site of a proposed Kansas transload shipping center. The Kansas Department of Transportation/Kansas Turnpike Authority Transload Facility Site Analysis team selected the finalists from the 111 proposals submitted for consideration
The U.S. Senate's new transportation funding bill proposes the sale of 101 million barrels of crude oil from the government's Strategic Petroleum Reserve in the fiscal 2018-2025 period, collecting $9 billion to fund road and rail projects.
U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov
Step forward the Titan Submarine, a proposal that NASA has just awarded a second round of funding through their Innovative Advanced Concepts (NIAC) program. It is very much just a concept at the moment, but it is promising nonetheless.
Like most of our Nation’s major urban areas, New York City is experiencing growing pains. The Big Apple’s rising population means surging needs for freight and services, which have made congestion a common reality for the city’s more than 10 million daily commuters.
Washington State Legislature’s passed a $16.2 billion transportation investment package that ports of Tacoma and Seattle say will benefit the state’s economy by speeding the movement of cargo through the ports and freight corridors.
UK-based charity Human Rights at Sea (HRAS) announced its cooperation with maritime training provider Marlins on the development and endorsement of a new e-learning course addressing the rescuing of migrants at sea. The new course, entitled Humanitarian Response
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
Addressing the House vote scheduled this afternoon on a temporary five-month extension of transportation funding, the National Retail Federation (NRF) issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold:
The Maritime Administration (MARAD), in cooperation with the Maryland Environmental Resource Center, will hold an open forum to solicit input on the Agency’s Maritime Environmental and Technical Assistance (META) Program and key environmental issues facing maritime transportation.
Waterways Council, Inc. (WCI) has named Tracy R. Zea as its Director-Government Relations, effective August 4. He will be based in the Washington, D.C. office and will primarily advocate for WCI’s goals for authorizations and appropriations which support a modern, efficient
The National Retail Federation (NRF) and more than 100 other business groups called for passage of legislation that would require the Transportation Department to track port statistics, saying it could help avoid a repeat of the congestion and slowdowns that occurred along the West Coast during
Crowley Maritime Corp.’s 2015-2016 Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for four students of Massachusetts Maritime Academy (MMA). The four recipients, Bryan P. Wall, Robert M. Neal, Peter Persechino and Adam Szloch
In the first half of 2015 the turnover of OJSC “Sea Port of Saint-Petersburg” (SP SPb) amounted to 4.3 mln tons, which is by 5% more than the indicator of the same period during the last year. Positive dynamics was caused by growth of handling volumes of main cargoes