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Announces Plans

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. FORAN is Sener’s integrated CAD/CAM/CAE technology solution for the complete design of commercial and naval ships and offshore units, including forms definition, naval architecture calculations, hull structure, machinery, outfitting, electrical and accommodation design and manufacturing. (www.sener.es) (www.ptc.com)


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)  


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.


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


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


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


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


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


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


Spanish Dock Strike Could Disrupt Key Export Chains

Strike could harm Spanish exports, but union rejects government plans to reform ports   Key export chains in Spain could face major disruption if a long-running dispute between the government and the country's dock workers extends beyond a planned three-day strike next week


Philippines-Indonesia Shipping Route Soon

Photo: Department of Transportation - DOTr Philippines

  The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade relations between the two neighboring countries, reported  Manila Times.  


Spanish Stevedores Cancel Planned Strike

Spanish dock workers on Wednesday called off a planned three-day strike next week after the government said it would delay plans to reform the sector and instead open talks with the unions.   The standstill was due to take place every other hour on Feb


Indiana Ports set Quarterly Tonnage Record

The port of Indiana, Jeffersonville (Photo: Ports of Indiana)

The Ports of Indiana handled nearly 3.9 million tons of cargo during the fourth quarter of 2016, the highest quarterly shipment total in the organization's 55-year history.   The total surpassed the ports' previous quarterly record set in the second quarter of 2015 by 300,000 tons


ABB Reorganizes in Digital Push

Ulrich Spiesshofer (Photo: ABB)

ABB has launched Stage 3 of its so-called “Next Level” strategy which aims to drive company-wide growth via four entrepreneurial divisions, while realizing the group’s full digital potential and improving operational efficiencies.  


CGB to Invest $30 mln in Indiana Port

CGB, investing $30 million at Port of Indiana-Mount Vernon Photo Port of Indiana

Consolidated Grain and Barge Co. (CGB) announced plans today to expand its operations at the Port of Indiana-Mount Vernon, investing more than $31 million to increase its soybean processing capabilities in southwest Indiana. “Indiana is a state known around the world for building things


Asian LNG Prices Rise to Highest Levels

Photo: Chamber of Shipping of British Columbia

 Asian liquefied natural gas (LNG) gas prices reached a nine-month high this week as demand from India, Japan and South Korea underpinned sentiment, reports Reuters.   LNG for November delivery were about $6.20 per million British thermal units (mmBtu), 10 cents higher than last week


Inmarsat’s LISW17 set stage for Digital future of Maritime

Image courtesy LondonInternational Shipping Week2017

Inmarsat has announced plans in support of its diamond sponsor commitment for London International Shipping Week, 11-15 September 2017 (LISW17) by staging three key events focusing on the maritime industry’s digital future. To coincide with the official launch of LISW17 on October 19th


Korea Dreams it Big for HMM

File Photo: HMM

 The government of South Korea has decided to help Hyundai Merchant Marine (HMM), the nation’s only major shipping line, grow into a mega shipper by all means available, reports Business Korea.   The state plans to provide loans of up to 6.5 trillion won (US$5


Next Step for Ship Recycling in Bangladesh

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO)’s work to promote safe and environmentally sound ship recycling made further progress this week (6-8 November) in Dhaka, Bangladesh, where a roundtable meeting of donors discussed next steps in IMO’s SENSREC project.   


US Drillers Continue to Add Oil Rigs -Baker Hughes

U.S. oil drillers increased rigs this week for a 21th week in the last 24, as energy firms follow through on plans to add rigs made months ago when crude was still trading over the key $50 a barrel level analysts said should lead to more drilling.  


Leviathan Partners to Start Drilling in Q1 2017

Eastern Mediterranean. Photo: Noble Energy Inc

 The Leviathan reservoir partners announced on Sunday their plans to begin drilling a new well in the basin during the first quarter of next year, reports The Jerusalem Post.   The partners announced today that work will commence in the first quarter of 2017 and a budget of $77 million


Germany to Skip Tender for Warship Purchase

Photo: 2015 Bundeswehr / Jana Neumann/PAO UNIFIL

The German Defence Ministry on Thursday said it would skip an open tender for the planned purchase of five more corvettes valued at 1.5 billion euros and instead ask the three-company consortium that built the existing warships to submit a bid.  


Indian LNG Import Tax Halved

Indian Finance Minister Arun Jaitley. Photo: PIB, Govt of India

 India, the world’s fourth-largest buyer of liquefied natural gas (LNG), has announced plans to halve its basic customs duty on imports of the chilled fuel.   Indian Finance Minister Arun Jaitley presenting the Budget for 2017-18 in Parliament halved the import duty on LNG to 2


Norwegian OSV Operators in Blockbuster Merger

File Image: A Farstad OSV (CREDIT: Farstad)

Debt-laden Farstad Shipping gets lifeline; billionaires Fredriksen and Roekke join forces.   Hit by the oil industry recession, Norwegian offshore service vessel (OSV) operators Farstad Shipping, Deep Sea Supply and Solstad Offshore announced plans to merge on Monday to counter the downturn






 
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