The U.S. Coast Guard is continuing to conduct market research for the Offshore Patrol Cutter acquisition. The Coast Guard invites U. S. shipyards to participate in one on one meetings with the OPC Project (FAR 15.201(c)(4)). At this time, the Coast Guard is interested in meeting with U.S. shipyards that have the organic capability to construct a cutter of the OPC’s size and complexity. These meetings will be held in Washington, DC, and are tentatively planned to begin in mid-August. The Coast Guard will review various acquisition strategies under consideration for ship construction and review OPC top level requirements. U.S. Shipyards that previously participated in the May 2009 one-on-one meetings with the Coast Guard do not need to respond and will be automatically invited. Other U.S. shipyards that meet our criteria should indicate their interest and primary contact point by email to the Contracting Officer, Mr. Carl. McGill, at email@example.com prior to August 1, 2010.
New market research report on the oil tanker market 2012 – 2022 available from 'Reportlinker' Information contained is as follows: Global oil trade is very much dependent on oil tankers for the transportation of crude oil as well as refined petroleum products. In the last quarter of 2011 oil demand fell for the first time since 2008/2009. With a stronger outlook for the global economy over the forecast period, Visiongain expects oil demand growth will increase.
Thrustmaster of Texas, Inc., one of the world’s leading manufacturers of marine propulsion systems, announces new personnel additions. Jeff Miller, who joins the company as marketing manager, has over 25 years in marketing communications, including 15 in the oil and gas, manufacturing, and offshore sectors. Miller will be responsible for market research, advertising, public relations, and all other marketing-related activities for Thrustmaster
GL Garrad Hassan has appointed Mr Rajsekhar Budhavarapu as the new Country Manager of GL Garrad Hassan India. Mr Budhavarapu will be based in Bangalore, India and will develop local services and support for designers, manufacturers, developers and investors of renewable energy projects. Budhavarapu has 19 years of experience providing technical, operational and strategic leadership for the renewable energy industry. Before joining GL Garrad Hassan he worked for TERI
Freight rates are set to rise across all dry bulk carrier segments as the global economic recovery gains momentum, ending the sector’s most bearish run since the start of the economic crisis in 2008/2009, according to Newport Shipping’s 'Dry Bulk Market Outlook 2014 Q2'. Seaborne trade in bulk commodities is expected to pick up after almost two years of slow to moderate economic growth to almost 9% this year
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new near-three decade low as rates for all four vessel segments fell. The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, was down 18 points, or 2.96 percent, at 590 points, the lowest since August 1986.
Qatar is becoming a goldmine for Korean shipbuilders as the top three companies won orders for liquefied natural gas (LNG) tankers worth $7 billion. Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have won combined orders of 34 LNG tankers since 2004. The shipbuilders are hoping to share another 10 orders, when they are commissioned next month. The LNG carriers are high-yield orders
The Panama Canal Authority (ACP) and the Maryland Port Administration (MPA) announced a Memorandum of Understanding (MOU) agreement to increase economic growth and commercial activity between the two entities. Signed by ACP Administrator/CEO Alberto Alemán Zubieta and MPA Executive Director James J. White, the MOU will help spur trade, facilitate information sharing and promote the use of the “All-Water Route,” a shipping route to Asia from the U.S. East Coast via the Canal
As part of a $21m capital investment in fleet additions through next year, The Moorings recently announced plans to add a new flagship, the five-cabin Moorings 54.5, to its extensive range of luxury charter yachts. Available in 2010, the all-new 54.5 will be the fleet's largest monohull, representing an ongoing trend at The Moorings towards larger, roomier yachts. Lex Raas, President & CEO of The Moorings commented
The first order for UEC50LSH-Eco low-speed marine diesel engine being developed by Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd., was placed with Kobe Diesel Co., Ltd., a licensee of Mitsubishi UE engine technology located in Hyogo, Japan. The advanced low-fuel-consumption engine will ensure high efficiency even during slow steaming, and will be installed on a 35k chemical tanker being built by Shin Kurushima
Marine lubricants market's revenue is set to grow at a CAGR of 6.13% during the forecast period, eventually reaching a value of US$9.36 billion by the end of 2018. With regard to volume, the market totaled 2,272.6 kilo tons in 2011 and is expected to rise to 2,852
Looking ahead to 2020 and beyond, both maritime and inland waterways will be under ever increasing pressure, as we use them for transport, recreation and commercially. At European Shipping week, Dr Pierre C. Sames, Chairman of the European Research Association and Director of Maritime
The rapid growth of mega refineries is prompting a new class of oil products supertankers, mirroring an earlier revolution in crude oil shipping, as traders look for scale that was previously not economically viable. In the early 1970s, ships capable of carrying 2 million barrels of crude oil
The Australian Renewable Energy Agency (ARENA) today announced up to $20 million for a new research and development (R&D) round dedicated to industry-partnered projects that seek to develop and commercialise renewable energy technologies.
Clarkson Capital Markets, the investment banking arm of shipping services group Clarkson PLC, says it has enhanced its equity research coverage with the appointment of Omar Nokta as Managing Director of Shipping Research. Omar will be based in CCM's New York office.
A global market report published by Transparency Market Research, entitled Marine Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018, provides inputs about the global state of the current market of marine lubricants industry along with a forecast
ARENA is providing $360,000 to Bioenergy Australia to help shape the global research and knowledge agenda for the developing bioenergy industry. The funding will enable Bioenergy Australia to extend its participation in the International Energy Agency’s Bioenergy program.
GLEAMS Project concludes that Glycerine is a viable, clean, alternative marine fuel After a year of intense activity, Marine South East’s GLEAMS (Glycerine Fuel for Marine Sustainability) project has concluded that Glycerine is a viable, exceptionally clean alternative marine fuel.
ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy. MIT President Rafael Reif and TJ Wojnar, Jr
ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia. ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program
Agreement meant to capitalize Canal expansion while attracting new LNG customers. The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG)
The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer
The U.S. Treasury Department, Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce Bureau of Industry and Security (BIS) has publish revised Cuba sanctions regulations opening trade with Cuba for the first time in decades
TNO and Imtech Marine have signed an agreement expressing intent to work together on research and development projects. The signing took place on January 21 at Imtech Marine in Rotterdam. TNO and Imtech have joined forces many times over the years and see possibilities to further
Mitsubishi Heavy Industries, Ltd. (MHI) will reorganize its research and development structure. The reorganization initiative calls for the creation of a new Research & Development Center consolidating the five currently existing Research & Development Centers