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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


Videotel Produces 500th Computer-based Training Course

Photo courtesy of Videotel

Videotel, an international provider of e-Learning maritime training solutions and a company of KVH Industries, Inc., (KVHI), has launched its 500th computer-based training (CBT) e-Learning course.   Videotel’s latest course, entitled “The Work of the Emergency Response and


Germany Set to Buy 4 Multi-role Warships

Germany has a budget of around 4 billion euros ($4.5 billion) to buy four new multi-role combat ships and plans to issue a tender open to European firms, Defence Minister Ursula von der Leyen said on Tuesday.   The new MKS 180 warships are expected to be delivered from 2023


MSC to Optimise Capacity on Asia-Europe Network

MSC offers Efficient, reliable, sustainable Photo MSC

  MSC  has announced plans to optimise all of its Asia-Europe services. The changes, which will be implemented progressively over the coming months will include: port combinations, vessel rotations and capacity deployment. Since the launch of the new Asia – Europe network in


Paris Climate Summit - A Missed Opportunity

  As the annual Antarctic Treaty Consultative Meeting (ATCM) closed today in the Bulgarian capital, the Antarctic and Southern Ocean Coalition (ASOC) called the meeting’s adoption of a resolution on climate change a “missed opportunity” to have a meaningful impact in the


Transocean to Scrap Two Rigs

  Swiss driller Transocean Ltd. announced yesterday that it intends to scrap, in an environmentally responsible manner, two offshore rigs: GSF Aleutian Key and Sedco 707. The rigs are classified as held for sale.   As a result of this decision


Underway on LNG

Dennis Bryant

On 17 January 1955, Commander Eugene P. Wilkinson, USN, the first Commanding Officer of USS Nautilus (SSN 571) signaled the memorable and historic message “Underway on nuclear power.”  Underway on LNG has an opportunity to signal an equally significant change in the merchant


Petronas to Deliver LNG from FLNG in Q1 2016

The world's first floating liquefied natural gas (LNG) project, built by Petronas, is expected to supply its first cargoes in the first quarter of 2016, senior officials from the Malaysian state-oil firm said on Tuesday. The 365-metre (1,200 ft) long Petronas Floating LNG 1 (PFLNG1)


Dubai's DP World Eyes Dollar Bond

DP World, one of the world's biggest port operators, wants to issue a dollar-denominated bond and could announce plans to market the deal to fixed-income investors as soon as next week, three sources aware of the matter said on Thursday. The Dubai-based firm could raise between $750 million and


Aker Solutions 1Q 2015 Revenue Up

Courtesy of Aker Solutions

Aker Solutions announced their Financial Results for the first quarter of the current calendar year. Financial Highlights  * Sales NOK 8.5 billion in 1Q 2015 vs NOK 7.5 billion in 1Q 2014  * Earnings before interest, taxes, depreciation and amortization (EBITDA) NOK 591 million vs


Busan Port Unveils Expansion Plans

The Korean government announced plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU. The new facilities will be a mix of container terminals, feeder terminals and multipurpose terminals and work will begin


Peel Ports Launches Cargo200 Initiative

Patrick Walters, Peel Ports

  The UK’s second largest ports operator, Peel Ports, has today (Wednesday, 29 April) launched a major carbon emission initiative, Cargo200, and is calling on the UK freight and logistics industry to rethink supply chain and services routes in order to reduce freight mileage by 200


Indonesia to Develop Maritime ‘Technoparks’

Image by Marintec Indonesia

 The Indonesian Ministry of Maritime Affairs and Fisheries has announced plans to develop five maritime technology parks to improve fisheries-based business in Indonesia, says The Jakarta Globe.   The areas set for development — dubbed Technoparks for Maritime Affairs and


Another Megaship to Join Royal Caribbean Cruise Fleet

Anthem of the Seas passes newly enhanced Explorer of the Seas as she departs on her maiden voyage from Southampton, UK. Photo: Royal Caribbean Cruises Ltd

 Royal Caribbean has ordered a fourth ship for its Quantum Class family of ships from Meyer Werft. The ship will be delivered in 2019.   With two Quantum-class vessels already delivered and a third under construction, Royal Caribbean Cruises on Thursday announced plans to order a fourth


No Iran Warships Escorting Yemen-bound Cargo Ship

Iran has so far refrained from deploying warships to accompany a cargo ship that Tehran says is carrying humanitarian aid to Yemen, despite its announced plans to do so, Pentagon spokesman Colonel Steve Warren told a news briefing on Thursday.  


ICTSI Shows Interest in Greece's Port

ICTSI port management company currently involved in the operations and development of marine terminals and port projects worldwide. Map by ICTSI

 Philippines head quartered International Container Terminal Services Inc. has expressed interest in a majority stake in Piraeus port in Greece, says a report in AFP.   “Yes. We are now reviewing this opportunity,” ICTSI vice president and treasurer Rafael Consing Jr






 
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