According to an Oct. 15 report from the Associated Press, Agribusiness leader Archer Daniels Midland Co. said it has acquired five cargo ships to help it transport grain worldwide with greater flexibility and at lower cost than outside carriers. (Source: Associated Press)
Canyon Offshore, Inc., has announced that it has been awarded drill support contracts on board the drilling rig Rowan Midland for its new electric Work Class ROV, Quest #3. In June, Canyon mobilized the new built Quest #3 on board the rig for Energy Resource Technologies, Inc. (ERT) to support ERT’s re-entry well work on East Cameron block 374. Upon completion of the ERT contract, Canyon will provide ROV services to Remington Oil & Gas at East Cameron 377 to support drilling and completion
The members of the American Waterways Operators (AWO), the national trade association for the American tugboat, towboat and barge industry, elected Mr. Royce C. Wilken as Chairman and Mr. H. Merritt Lane as Vice Chairman on Friday, April 20 during the AWO Spring Convention in Washington. Mr. Wilken is President of American River Transportation Co. (ARTCO), headquartered in Decatur, IL, and served as vice chairman for the past year. Mr
Austal is pleased to announce the appointment of former Boral Limited Divisional General Manager Peter Hogan to the position of Chief Operating Officer – Australian Operations. Hoganr brings a strong background in business growth and operational improvement as well as proven success at all levels of management, both in Australia and overseas. He has previously held senior management positions with Hanson Israel Limited, Pioneer International Limited
To mark this year’s National Apprentice Week (6 – 10 February 2012), Finning Power Systems (Finning), the UK’s sole supplier of Caterpillar marine engines, is announcing that places are now available for its next intake of marine apprentices. The company is seeking young, enthusiastic talent to join its long-established marine apprenticeship scheme; a scheme that has been offering young people in the UK the opportunity to develop their engineering skills since the
On May 10, 2012 AVEVA (LSE:AVV) announced the release of an exciting new software product family for the marine and EPC market, AVEVA Enterprise Resource Management. Comprising the products AVEVA Material, AVEVA Planning and AVEVA Production, the application suite supports the entire project management and execution process. Shipyards and EPCs will benefit from lower material and production/construction costs through improved project efficiency
As shipping companies continue to suffer with the sagging world economy, bondholders who financed the Greek-controlled shipping company Enterprises Shipholding have detained a second of the company's containerships to force repayment of a $175 million junk bond on which it defaulted in June, according to a Reuters report. The company has a fleet of 17 refrigerated ships, 15 of which are laid up and not trading. It also has five container vessels
MarAd will pay Bay Bridge Enterprises $494,000 to remove the Vulcan and tow it to its Chesapeake salvage yard on the Elizabeth River within 45 days. The Vulcan is a former Navy repair ship built in 1941. The Vulcan will be recycled for steel. The company will also remove and dispose of waste fuels and other potential pollutants on the ship. Bay Bridge Enterprises has gotten several contracts to scrap Ghost Fleet ships from the Maritime Administration.
After 51 years of distinguished service, USS Enterprise (CVN 65) will ceremonially inactivate later this year at Norfolk Naval Station, in Norfolk, Va. The inactivation ceremony will be the last official public event for the ship, and will serve as a celebration of life for the ship and the more than 100,000 Sailors who served aboard. Details of the actual ceremony are still being finalized; however, numerous dignitaries and thousands of veterans of the ship are expected to attend the event
Five-year agreement gives Australia's Worley Parsons access to all solutions in Intergraph® SmartPlant® and SmartMarine® Enterprise portfolios This five-year agreement covers the Intergraph SmartPlant® and SmartMarine® Enterprise software suites, including SmartPlant 3D, SmartMarine 3D and SmartPlant 3D Materials Handling Edition (collectively known as Smart 3D), SmartPlant Foundation, SmartPlant Construction
Vietnam Shipbuilding Industry Group, the debt-ridden national shipbuilder, is being renamed and restructured as the government works to reform inefficient state-owned enterprises that are weighing down the economy, reports the country's Thanhnien News.
Included in the latest list of US Department of Defense contracts are those for a USACE Mississippi River dredging operation, and a Navy contract for the phased maintenance of the 'USS San Antonio'. Dredging contract: Conti Enterprises Inc., Lincoln Highway, Edison, N.J
Today in U.S. Naval History - November 25 1775 - Continental Congress authorizes privateering. 1943 - In Battle of Cape St. George, five destroyers of Destroyer Squadron 23 (Captain Arleigh Burke) intercept five Japanese destroyers and sink three and damage one without suffering any damage
Today in U.S. Naval History - December 2 1775 - Congress orders first officers commissions printed. 1908 - Rear Admiral William S. Cowles submits report, prepared by Lt. George C. Sweet, recommending purchase of aircraft suitable for operating from naval ships on scouting and observation
International Shipholding Corporation (ISH) has bought the integrated tug/barge unit, 'Coastal 202' and 'Florida Enterprise', from CIT and GE Capital. These two vessels have been operating under a sale and leaseback arrangement and were part of ISH’s purchase of United Ocean Services.
Observers have hailed the recent opening of the FTZ as the country's most significant reform push since the creation of Shenzhen Special Economic Zone more than three decades ago. 23 measures will be adopted to free up six areas of the service sector reports Xinhua.
Mitsui Engineering & Shipbuilding Co., Ltd., Tokyo JAPAN, with president Mr. Takao TANAKA (MES) established a subsidiary company in Singapore Mitsui Engineering & Shipbuilding Asia Pte. Ltd. (MES Asia) , fully owned by MES to enhance and expand their business dynamically on October 1, 2013
Intergraph® a leading global provider of engineering software for the process, power and marine industries, was announced as one of the award winners at the Asian Manufacturing Awards 2013 gala dinner and awards ceremony held recently at Pan Pacific Hotel in Singapore.
Chinese shipbuilders have been sailing toward bankruptcy in recent years, with China trying to consolidate the industry and bail it out from the woe of overcapacity. With delays in deliveries, order cancellations and price decreases for newly-built vessels
Minister for Defence David Johnston has announced the award of more than $10.5 million in grants to more than 120 companies under the most recent round of the Skilling Australias Defence Industry (SADI) program. Senator Johnston said the funding would provide more than 1000 individual training
The Port of Los Angeles Small Business Enterprise (SBE) Program awarded $97.6 million in contracts to small businesses during the 2012/2013 fiscal year of the $405.9 million that was awarded in construction and professional service contracts by the Port during the period.
AVEVA today announced that it is collaborating with ETAP to create a complementary interface between AVEVA Electrical and ETAP’s enterprise solution for electrical power systems. The new interface will deliver industry-leading capability for the efficient design
The air crew assisted Joint Rescue Coordination Centre Trenton, Ontario, with the medevac of a Canadian man injured aboard the 730-foot 'Algoma Enterprise', which was passing through the Pelee Passage in Lake Erie. The 57-year-old crew member was reportedly suffering from severe bleeding.
Nasdaq-listed Pingtan Marine Enterprise Ltd. (PME) is to sell its 100% owned dredging subsidiary, China Dredging Group and its PRC operating subsidiaries, Fujian Xing Gang Port Service Co., Ltd. business and operating assets to an affiliate of the Company's Chairman
HMC is nominated for the title “Enterprise of the Year 2013.” HMC is a heavy transport engineering company within The Netherlands and acts worldwide. For over 25 years, “the Enterprise of the Year” award is one of the highest achievements in the municipality of Almere in