TransCoastal Marine Services Inc. has signed contracts with a subsidiary of Penn Maritime Inc. for the modification and double-hull conversion of two barges. The work on the two barges will be carried out by TransCoastal's Fabrication and Offshore Group for more than $22 million. The project will begin in July and will extend into the fourth quarter of 2000.
Bollinger Gulf Repair L.L.C., (BGR), a Bollinger Shipyards, Inc., facility, has completed the retrofit and modifications of a Penn Maritime Inc. oceans tank barge to an OPA ‘90 compliant articulated unit. The 360-foot, 66,500 barrel black oil Barge POTOMAC arrived at Bollinger's New Orleans east facility and began the transformation from a single sided hull to double hull vessel with a new outer skin to meet the requirements of OPA '90
The Maritime Administration (MARAD) has approved four applications under Section 9 of the Shipping Act, 1916, as amended. They include: Ø U.S. Bank National Association, Owner Trustee, Hartford, CT, has received approval to transfer the 57,075-gross-ton container vessel SEA-LAND INTEGRITY to Marshall Islands registry and flag without change in the ownership of said Vessel. The vessel was built in 1984 in Koje, Korea.
1843 - USS Michigan is launched at Erie, Penn. Michigan is America's first iron-hulled warship, as well as the first prefabricated ship. 1941 - USS Lexington (CV 2) sails with Task Force 12 to transport Marine aircraft to Midway, leaving no carriers at Pearl Harbor only days before the attack on Pearl Harbor. For more information about Naval history, visit the Naval Historical Center Web site at www.history.navy.mil
London International Shipping Week (LISW) is delighted to confirm that HRH Princess Royal has agreed to be Patron for LISW in 2015. Jeremy Penn, Chairman of the LISW Steering Group, said: “We’re all absolutely thrilled that HRH Princess Royal has agreed to be Patron for London International Shipping Week this year. It’s a huge honour for us and we couldn’t be more pleased. HRH Princess Royal’s involvement now also helps to signify the importance
London has come top of a listing of maritime service centres published by the Baltic Exchange and Xinhua, China’s news agency, whilst Singapore heads the overall list for its combined port and maritime services offering. The International Shipping Centre Development Index (ISCD) covers 46 of the world’s largest ports and cities and is designed to bring clarity to investors and governments on the relative performance of shipping centres around the world.
Construction of Articulated Tug Barge units (ATB) continues to occupy a prominent place in the order books of several shipyards. However the pace of current building and back ordered units is not as high as the 2000-2002 period. "It looks like we are in for a little 'breather' for a while," said Allen Craft, senior vice president of Intercontinental Engineering-Manufacturing Corporation, Kansas City, Mo. The company manufactures Intercon
Priding itself on its drydock capabilities in both New York and New Jersey, the GMD Group is comprised of a young, ambitious team of individuals, who work together to provide ship owners with the quickest turnaround possible on each job that comes into its yards. Comprised of GMD Shipyard in Brooklyn, N.Y., Bayonne Drydock & Repair Corp. in Bayonne, N.J. and JenMar Electric in Staten Island, N.Y., the parent company has all its bases covered in terms of full ship repair service for its clients
Maritime Security systems company WatchStander LLC announced that it has completed development of a fully automated system designed to prevent gangs of pirates and other unwanted individuals or groups from boarding ships. The object of the system is to make it more physically intolerable for the criminals to approach the ship and to persuade them to abort their attacks. The video and data from all incidents will be archived for subsequent transmission to the data centers of the shipowner
Louise M. DuVall, the first woman to serve on the Long Beach Board of Harbor Commissioners, died Saturday, April 19. She was 93. She was appointed to two terms on the Harbor Commission, serving from Feb. 6, 1979, to July 18, 1990. She advocated for women to rise in the legal profession and the maritime industry. “Louise led the way and broke through barriers for other women who would follow,” said current Harbor Commissioner Susan E
Lloyd’s Register North America, Inc. (LR) has teamed with Penn Oak Energy Corp to help companies raise capital and mitigate the technical risks associated with retrofitting ships fuelled by liquid natural gas (LNG), by providing a one-stop-shop solution to the industry.
Jeremy Penn, chief executive of London's centuries old Baltic Exchange will step down next year, the exchange said on Friday. Penn, who took the helm as CEO in 2003 after previous top positions with international news agency Reuters, will leave next summer.
MARAD provides funding to further study LNG as marine fuel for containerships The U.S. Maritime Administration (MARAD) announced it has entered a $900,000 cooperative agreement with Totem Ocean Trailer Express Inc. (TOTE) to study the costs and benefits of converting vessel to liquefied natural
London's Baltic Exchange and Chinese state-owned Ningbo Shipping Exchange said on Friday they would collaborate on container indices, the first foray by the Baltic into this segment of the freight market. Sources told Reuters in early October that the London Metal Exchange
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners
apan has pitched for stronger maritime security cooperation with India, to counter an increasingly powerful China. During his visit in India on Saturday Japan's foreign minister Fumio Kishida said that both nations should "proactively" assume responsibilities to ensure
Sometimes it seems cliché to repeat that a product or system “protects equipment and saves lives,” but in the case of valve manufacturer Penn-Troy, which recently unveiled a new crankcase explosion relief valve that boasts lower exhaust temperatures
International accountant and shipping adviser Moore Stephens said today that companies in the offshore maritime sector need to keep a close watch on costs and manage their exposure to risk in the wake of the dramatic fall in oil prices. “It is remarkable how quickly the dramatic fall in oil
The natural oscillations in the climate, which resulted in cooler Pacific Ocean waters, were partially behind the controversial global warming "pause", say researchers. However, this in no way suggests that the planet is now cooling
Europe has a major role to play in driving the maritime industry forward, said Tor Svensen, CEO of DNV GL – Maritime, in his keynote speech on innovation at the European Shipping Week in Brussels. Svensen outlined three priority areas that will drive shipping in the decades to come:
The basic nature of maritime casualties, salvage and wreck removal has evolved rapidly over the last few years. Ships and offshore constructions have become more technologically elaborate, and in many cases simply bigger and more complex than ever
London International Shipping Week 2015 (LISW) is delighted to announce that Mr Lui Tuck Yew, Singapore’s Minister for Transport, has confirmed that he will speak at the official LISW Conference on 10th September 2015 at the Grosvenor House Hotel on London’s Park Lane.
Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying. This would be the first LNG deal between the world's two biggest energy users
London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September.
Baltex reaches breakeven level since start of 2015; Baltic previously faced broker opposition over platform. London's Baltic Exchange is studying a potential foray into commodities and is open to proposals on tie-ups as other exchanges attempt to boost volumes, its chief executive said.