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
A unit of India's Adani Enterprises Ltd will buy the company that operates Australia's Abbot Point Coal Terminal from Glencore Plc for A$19.25 million dollars ($14.52 million), ending a legal wrangle over control of the port. The statement from Adani and Glencore said Adani Ports and Special
Sharjah-based port operator Gulftainer is considering pulling out of Brazil where it operates a port on the country’s northeastern coast, Gulf News reported quoting chief executive Flemming Dalgaard. The company will make a decision before the end of the year
ABB and Microsoft Corp. announced a strategic partnership to help industrial customers create new value with digital solutions. The offering is a unique combination of the Microsoft Azure intelligent cloud and ABB’s domain knowledge and extensive portfolio of industrial solutions.
ARCOS Innovations Inc. is a new joint venture founded by members of SSI leadership and a senior SSI reseller with expertise in the implementation and development of enterprise systems for shipbuilding and offshore. The mission of ARCOS is to help customers solve key business challenges
The Great Lakes Naval Museum was officially renamed the National Museum of the American Sailor during a ceremony and sign unveiling at the museum July 4. The Navy's top enlisted Sailor, Master Chief Petty Officer of the Navy (AW/NAC) Mike Stevens, was joined by retired Rear Adm
A triple installation for the next generation Petronas Floating Liquid Natural Gas (PFLNG) vessel emphasizes increased demand for Intellian’s 2.4m product line in the Offshore Energy and Enterprise market segments.
ABS Group anticipated the update to Circular A-123 from the United States (US) Office of Management and Budget (OMB) requiring US executive departments and agencies to adopt enterprise risk management (ERM), and has expanded its suite of ERM advisory solutions aimed at risk-informed decision
Enterprise Products Partners on Thursday said the first ship to load ethane for export from its new terminal on the Houston Ship Channel will arrive on Aug. 1, the first such export of the light natural gas liquid from the U.S. Gulf Coast.
1801 - The schooner, USS Enterprise, commanded by Lt. Andrew Sterett, encounters the Barbary corsair, Tripoli, west of Malta. After a three-hour battle, USS Enterprise broadsides the vessel, forcing Tripolis surrender. 1849 - Pope Pius IX and King Ferdinand of the Two Sicilies
The Seoul Central District Court begins a rehabilitation process for STX Heavy Industries Co, after the financially strapped company applied for protection late last month, reports Yonhap. STX Heavy Industries is the latest victim in South Korea's faltering maritime industry
Pilbara Ports Authority (PPA) delivered a total monthly throughput of 52.9 million tonnes (Mt) in the month of July 2016, amounting to an increase of 2% from the same month in 2015. The PPA which operates as a Western Australian Government Trading Enterprise
The Company: AME President Richard Merhige has pioneered the use of lasers in the marine industry. The Case: AMEsolutions.com is comprised of Advanced Mechanical Enterprises/AME and Advanced Maintenance Engineering/AME, comprehensive marine and industrial engineering services companies
The Company: Founded in 1992, UA Business Solutions was a pioneer in the field of Enterprise Resource Planning (ERP) and an early Microsoft Partner. The ERP evolution into the maritime industry found UA developing industry specific solutions for marine clients
The Company: TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System. The firm owns and operates eight facilities in the Midwest and has about 200 employees
Not enough companies in the shipping industry are following joined-up risk management procedures, according to international accountant and shipping adviser Moore Stephens. The second annual Moore Stephens Shipping Risk Survey revealed a fall, when compared to last year