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Announces Plans

More Layoffs Possible at Bay Shipbuilding

According to an August 25 report from www.wbay.com, Bay Shipbuilding notified the Wisconsin Workforce Development Tuesday it may cut a total of 405 positions. The company laid off 133 employees in the last three months, and those could become more permanent than expected with the company announcing plans for 272 more jobs cut between October 30th and December 5th. (Source: www.wbay.com)  


PTC & Sener Integrated Shipbuilding Solutions

PTC (Nasdaq:PMTC), The Product Development Company, and Sener announced plans to strengthen their alliance to deliver an integration between Sener’s FORAN system and PTC’s Windchill PLM software.  The integration will enable Sener’s shipbuilding customers to leverage Windchill’s enterprise PLM capabilities while managing FORAN CAD data within the same PLM platform ideally suited for complex, distributed, and large-scale product development.


Damen Seeks Remaining Shares In Romanian Shipyard

Dutch firm Damen Shipyards Group has announced plans to buy the remaining shares it does not already own in Romanian shipyard Santierul Naval Galati and to delist it from the RASDAQ over-the-counter market. Damen reportedly offered $612,400 for 5.107 percent in the shipyard. Last March, Damen Shipyards Group bought a 51 percent stake in the shipyard from the country's main privatization agency, the FPS. Last November, it acquired a further 43.89 percent at a public tender offer.


Dubai Ports, Oracle Announce Joint Venture

Dubai Ports Authority (DPA) and the Jebel Ali Free Zone announced a joint venture with Oracle Corp. to establish the region's first e-business market. The Dubai Electronic Market (DEM) will start operating within 60 days, and would make it possible for businesses to buy, sell and compete on world markets. DPA will operate the project, while Oracle will provide the infrastructure and advanced technology. All purchase orders, confirmations


GE Security to Submit CommerceGuard for Test and Evaluation by CBP

GE Security, Inc.,  announced plans to submit its CommerceGuard container security solution for participation in the next phase of U.S. Customs and Border Protection (CBP) testing and evaluation of conveyance security devices (CSD).  CommerceGuard is a solution for global supply chain security, currently helping to protect intermodal shipping containers while they are in-transit by adding intrusion detection to other security measures already in place in the supply chain


SUNY Maritime Honors Bouchard's CEO

President and CEO of Bouchard Transportation, Morton S. Bouchard III accepts the Admiral’s Award from Maritime College Interim President Dr. Michael A. Cappeto at the Annual Admiral’s Scholarship Dinner on Tuesday, May 6, 2014

President and CEO of Bouchard Transportation, Morton S. Bouchard III accepts the Admiral’s Award from Maritime College Interim President Dr. Michael A. Cappeto at the Annual Admiral’s Scholarship Dinner on Tuesday, May 6, 2014 Morton S. Bouchard III Announces Plan for the Construction of Dormitory to House Visitors to the Tug & Barge Simulation Center at SUNY Maritime College Bouchard Transportation Co., Inc


ACL Announces Proposed Wage Increase for Shipyard Employees

American Commercial Lines Inc. announced plans to increase wage rates for hourly production and maintenance employees at the Company’s Jeffersonville, Indiana manufacturing facility by an average of approximately 11% this year, including a more than 15% wage increase for certified welders. The Company’s proposal increases the hourly wage rate for certified welders to $19.50 per hour. This new wage plan was presented to General Drivers, Warehousemen & Helpers (Teamsters), Local Union No


This Day in Coast Guard History – Nov 3

883-The keeper and crew of the Smith’s Island Station, Virginia (Fifth District), saw a small schooner flying a signal near Isaac Shoal, five miles away from the station. They went out to her and found on board the captain of a sloop that wrecked the night before several miles from land. He had succeeded in swimming to a bar near the beach, where he was picked up by the crew of the schooner. Finding him suffering from exposure they signaled for assistance


Aegean’s New Bunkering Tanker

Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced that it has taken delivery of the Zakynthos, a 6,272 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the company's market located in Gibraltar. E. Nikolas Tavlarios, President, commented, "We are pleased to continue to execute our growth strategy with the delivery of the Zakynthos


This Day in U.S. Coast Guard History – November 3

1883-The keeper and crew of the Smith’s Island Station, Virginia (Fifth District), saw a small schooner flying a signal near Isaac Shoal, five miles away from the station. They went out to her and found on board the captain of a sloop that wrecked the night before several miles from land. He had succeeded in swimming to a bar near the beach, where he was picked up by the crew of the schooner. Finding him suffering from exposure they signaled for assistance


Russian Spy Ship in Havana on Eve of US-Cuba Talks

Havana harbor (Source: The University of Alabama)

A Russian intelligence warship Viktor Leonov CCB-175 docked in Havana on Tuesday, January 20, a day before the start of historic US-Cuba talks aimed at normalizing diplomatic relations, reports AFP.  The spy ship arrived at a passenger cruise terminal in full public view for what a Russian


Chilean President Visits Port of Wilmington

Chilean President Michelle Bachelet  Image: The Port of Wilmington

Chilean President Michelle Bachelet paid a long-postponed visit to one of her nation's top export destinations, an official call at the Port of Wilmington that ended with private talks on terms aimed at keeping Delaware firmly tied to Chile's trade route.


"Hyperloop" Development Underway: Forbes

Space-X founder Elon Musk proposed the hyperloop in 2013 (Photo from Musks Twitter profile)

The next phase of transportation technology, which could eventually replace the entire shipping industry, is under development, Forbes reported today. In a 3,500 word feature that will appear in the March 2nd issue, Forbes staff writer Bruce Upbin examines two companies that are racing to design


Carnival Cruise Line Shuffles Ships

Image: Carnival Cruise Line

 A few weeks after Carnival Cruise Line announced plans to move the Carnival Liberty and Breeze to Galveston, the cruise line announced the future homes of the Carnival Triumph, Elation, and Fascination.  The moves will take place in 2016.    


Metal Shark’s New Yard Now Operational

Construction has commenced on the first new Metal Shark 75 Endurance-class catamaran at the companys new shipyard in Franklin, Louisiana. (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal


TOTE Ship Receives Powerplant

The MAN B&W 8L70ME-GI engine.  (Courtesy Doosan Engine)

Doosan Engine delivers world’s first dual-fuel, low-speed ME-GI engine to NASSCO When TOTE announced plans to build the world’s largest LNG powered containerships, it stood to reason that along the way many milestones would fall


SC Ports’ Earnings, Volumes Surpass Plans

Photo: SC Ports Authority

July cargo volumes deliver strong start to new fiscal year SC Ports Authority reported 2014 fiscal year-end operating earnings of $14.3 million, 20.7 percent over the organization's financial plan. From July through June, the SCPA posted operating revenues of $164


Danos Fabrication Facility Creates 150 Jobs

Danos, a family owned oil and gas service company, announced plans to expand its fabrication capabilities, by opening a 120,000 square-foot fabrication facility in Amelia, La. The new facility, set to begin operations in October 2014, sits on about 45 acres of waterfront property and will create


CEVA Expanding Presence in Southern California

  CEVA Logistics, one of the world’s leading supply chain management companies, today announced plans to expand its presence in the San Diego market with a new Freight Management and Logistics facility totaling 125,000 sq. ft. (11,612 sqm.) and 23 dock doors.


Giga Maritime Group Expands to Hone Competitive Edge

Automotive shipping and logistics provider Giga Maritime Group (GMG) has announced plans to invest in new IT infrastructure, the expansion and replacement of fleets, assets and vehicles as well as developing new car terminals, in an effort to hone the group's competitive edge and meet the demands


Imtech: Investigating Fraud Allegations

Dutch engineering and construction firm Imtech is investigating allegations it operated a cartel to overcharge German energy company RWE for the building of a power plant in the Netherlands. The allegations, detailed in Dutch newspaper De Telegraaf and German newspaper Handelsblatt on Thursday


MR Interview: Erik Ceuppens, SVP, Satellite Communications, Airbus Defense & Space CIS

“We will not slow down.”  Erik Ceuppens

Transformation in the maritime communication sector continues, as Airbus Defense and Space announces plans to sell its commercial satellite communications business.   MR spoke with Erik Ceuppens, SVP, Satellite Communications, Airbus Defense & Space Communications


Egypt to Tender for Second LNG Terminal

Egypt will launch a tender for a second liquefied natural gas (LNG) import terminal in the coming weeks, which could help address the country's ongoing energy crisis, a source at the state gas board said on Tuesday. High consumption, along with foreign firms' reluctance to invest in the sector


IMF to Resume Greece Bailout Talks after Election

The International Monetary Fund will resume bailout talks with Greece once a new government is in place after next month's snap general election, IMF spokesman Gerry Rice said in a statement on Monday, noting that Athens faces no immediate funding needs.  


Battle Over Keystone XL Pipeline

Oil pipelines are safe and efficientf

  Nebraska's Supreme Court ruled against a challenge to the Keystone XL oil pipeline's route through the state on Friday, clearing the way for the Republican-controlled U.S. Congress to try to force President Barack Obama to approve the project.






 
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