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Nears Completion

First Ship Nearing Completion at Kvaerner Philadelphia

The MV Manukai, Kvaerner Philadelphia Shipyard's first ship, was floated out of the building dock this weekend. The 712-ft. container ship being built for Matson Navigation was towed to the outfitting dock for its final outfitting phase. The $110 million ship which is constructed entirely of American-made materials, including Bethlehem steel, will be deployed to its home base in Honolulu upon completion, and will sail between Hawaii, Seattle and Oakland. Construction is under way at the yard on its sister ship.


Alaska Shipbuilder Finishing Unique Ferry

A unique $68 million ferry – an icebreaking catamaran with a variable draft for landing -- is nearing completion at Alaska Ship and Dry Dock in Ketchikan Alaska, according to a report from the  Alaska Journal of Commerce. The ferry is scheduled for christening in January 2010, going into service the next year. The U.S. Navy will test the vessel, and turn it over to the Matanuska Susitna Borough. Anchorage and Mat-Su officials must still determine where the vessel will dock on the


Gladding-Hearn Builds New Pilot Boat for Delaware Pilots

Gladding-Hearn Shipbuilding, Duclos Corporation, is nearing completion of a second Chesapeake class pilot boat for the Delaware pilots. Delivery of the new 53-footer, Lewes, in March will mark the ninth pilot boat of this new class since 2002. Designed by C. Raymond Hunt & Associates, the new all-aluminum pilot boat measures 52.5 feet overall, with a 17-foot beam and 4.8-foot draft, and will have a top speed of 26 knots


Hydro, Statoil to Establish Offshore Oil Company

The boards of Norway's Hydro and Statoil have urged their shareholders to approve a deal that would merge their oil and gas assets. If approved, Norway's largest offshore oil company would be created, with a combined production of 1.9 million barrels per day in 2007 and proven oil and gas reserves of 6.3 billion barrels of oil equivalent. Hydro's shareholders will hold 32.7% and Statoil's shareholders will hold 67.3% of the new company. Hydro's shareholders will receive 0


Success For Transas VTS In Taiwan

Transas Marine Pacific in cooperation with its Taiwanese agent, Seven Seas Electronic, has won an order for another Vessel Traffic Service (VTS) system in Taiwan. This order follows the first installation of a Navi-Traffic solution in the Port of Keelung in 1997. The tender was called, during the summer 2001, by Ho-Ping, which is a private port on the northeast coast of the country. Port construction works are nearing completion and the new port facilities will commence operating in


Sleek Design for Indonesian Tug

The team, composed of owner H. Darmansyah, naval architect Surjo Adji and yard manager Heri Nurcahyono, has built the Muji Rahayu Shipyard into a major player amongst Asian boat builders The yard is located near Samarinda in East Kalimantan, Indonesia.In mid-February they had more than 15 vessels nearing completion. But more than tugs ware under construction. The steel framework for huge covered areas was being assembled so that work could proceed more easily in the rainy season


CP Ships Announces Management Appointments

Jeremy Masters has been appointed as the vice president for the CP Ships Limited business unit. He will report to Chief Operating Officer Frank Halliwell, and will be based in the United Kingdom. Masters joined Canada Maritime in 1984 and for the past years has been CP Ships Vice President responsible for the Asia Service Unit in Hong Kong, which provides sales, marketing and administrative support for CP Ships services in Asia.


ExxonMobil Chief Touts Q-Max Advantage

Rex Tillerson, CEO, Exxon Mobil

Speaking at the 19 World Petroleum Congress in Madrid, Mr. Tillerson outlined the challenge of supplying growing energy needs while minimizing the impact on the environment. “New energy technologies for energy supply, such as those enabling an increase in world LNG supplies, together with technologies to improve energy efficiency, will be critical in meeting the world’s energy challenge,” Mr. Tillerson said.


Seattle Shipyard $29m Icebreaker Contract

U.S. Senator Patty Murray (D-WA) announced that Todd Shipyards, a Seattle-based company, has been awarded a five-year $29m contract to retrofit the United States Coast Guard’s Polar Class icebreaker, Polar Star.  As a senior member of the Senate Appropriations Committee, Senator Murray helped secure $30.3m in the FY2009 Homeland Security Appropriations bill to re-activate the USCGC Polar Star, which is currently in caretaker status.


Smith Berger Mooring & Towing Solutions

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Smith Berger Marine, Inc. recently delivered another towing pin stern roller set to Baydelta Maritime for installation on their 100 ft, 94 Ton Bollard Pull tug, Delta Cathryn, currently being built at Nichols Brothers Boatbuilders. The towing pins are designed for use with 2.5 inch wire rope and are the fourth set delivered to Baydelta for this vessel class. The tow pins and hold down hook are hydraulically raised and lowered by a dedicated hydraulic power unit located below deck; operation is


Panama Canal Expansion: Unintended Consequences

Lock gate Panama delivery: Photo courtesy of APC

While airports, ports and GARVEEs are holding steady, according to several new Fitch Ratings reports, increasingly, state and local governments are realizing the benefits of risk transfer, cost certainty and asset preservation through public-private partnerships (P3).


Phillips 66 Marine Fueling Facility Nears Completion

Phillips 66’s previously announced marine over-the-water fueling facility at its Richmond, Calif. terminal is nearing completion. The facility, located on Canal Boulevard, and known as Pier No.12 in the Richmond Harbor, is scheduled to come online in early September 2014.


Canal Project Slows Panama Economy Growth

Photo: Panama Canal

Panama's economy expanded in May at its slowest pace since 2009 as major public works projects, including an expansion of the Panama Canal, slowed or wrapped up, dragging on the construction and mining sector. Panama's economy grew 1.71 percent in May compared to the same period a year earlier


Port Metro Vancouver’s Re-opens to Inbound Containers Trucks

Port Metro Vancouver’s Re-opens to Inbound Containers Trucks

  Port Metro Vancouver has re-opened its Clark Drive access gate to inbound container trucks destined for the Centerm container terminal. Inbound access had been closed since 2010 due to unacceptable levels of congestion and traffic management issues along Clark Drive and on port property


Bureau Veritas Classes World’s Largest Bilobe LNG Tanks

9,686 cu m bilobe Type C LNG tanks building at Sinopacific for Denmarks Evergas and classed by BV

International classification society Bureau Veritas is classing the world’s largest bilobe gas tanks. They are nearing completion at China’s Sinopacific yard and will be installed in a series of four 27,500 cu m semi-refrigerated LNG/Ethylene carriers building for Denmark’s


Millard Maritime & HELM Partner on US Bulk Fertilizer Imports

Leading US Gulf Coast port and cargo solution provider, Millard Maritime®, & HELM Fertilizer Corporation, a major fertilizer distribution and marketing company for the Americas, have jointly agreed to import HELM products to the Millard Maritime facility in Theodore


Port of Prescott Formally Renamed Port of Johnstown

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The Port of Prescott owned and operated by the Township of Edwardsburgh/Cardinal, located on the St. Lawrence River south of the Canadian Capital of Ottawa, Ontario has announced that effective January 1, 2014, the Port will be officially renamed the Port of Johnstown


Incat Crowther Design 10-Boat IUV Order

Inshore Utility Vessel: Photo courtesy of Incat Crowther

Incat Crowther say they supported Strategic Marine in their winning technical proposal for the construction of ten 42m Infield Utility Vessels (IUV) for Brunei's PTAS Marine, and the first boat has now been delivered. Details as follows: Strategic Marine called in Incat to assist in their


First of 10 Utility Vessels Delivered

Photo: Incat Crowther

Incat Crowther announced the first deliveries of a 10-boat order for 42m Infield Utility Vessels to Brunei’s PTAS Marine. Developed in conjunction with builder Strategic Marine, the project called upon Incat Crowther’s track record in steel crew boats to meet strict performance criteria


New Orleans Cruise Terminal Upgrade Nearly Complete

Photo: Port of New Orleans

$2.3 million in renovations, expansions and upgrades are nearing completion at the Port of New Orleans’ Erato Street Cruise Terminal ahead of the arrival of the Port’s largest home-port cruise ship to date – the Carnival Dream.


GTT Training Center Announces First Course

GTT Training Center announces that registration is now open for the first training course to be run at the new center which will take place on June 23, 2014.  The course will be a LNG Cargo Operations Course for ships officers and will take place at its facilities in


Med Crude Urals Weaken on April Cargo Overhang

Russian Urals crude weakened on Thursday in a flurry of deals as traders rushed to place end-of-April cargos. Eni sold a cargo of Urals to Total in the Baltic at dated Brent minus $1.50 for April 20-24 delivery, some 20 cents weaker than previous price estimates


Otto Marine's Financial Health on the Mend

Michael See Kian Heng: Photo Otto Marine

Michael See Kian Heng, Group Executive Director of Singapore-based offshore vessel owners & shipbuilders Otto Marine, says that his company reported revenue of US$512.0 million in year 2013, an increase of 36.8% over US$374.4 million in 2012


BP Reports Q1 Results; Increases Dividend

BP Group Chief Executive Bob Dudley

  BP today announced its financial results for the first quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8


Wessex Exploration Plans Hague And London Oil Acquisition

  London-listed explorer Wessex Exploration has signed a heads of agreement to acquire Hague & London Oil (Halo) which holds a prospective asset in the Philippines. Consideration for the acquisition will be satisfied by the issue to the vendors of 241m ordinary shares in the company






 
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