The Maritime Administration has approved the award of a new Maritime Security Program operating agreement to Ocean Shipholdings, Inc., a U.S. citizen-owned company. The new agreement, MA/MSP-108, provides for the operation of the product tanker Baltic Mariner in the MSP. Under the agreement, the vessel is required to re-flag under U.S. documentation and employ U.S. citizen merchant mariners. In addition to other specific commercial and military criteria, Ocean Shipholdings qualified for the award based on its status as a U.S. citizen-owned company as defined in Section 2 of the Shipping Act of 1916.
Late last month, NASSCO engineers placed the world’s first dual-fuel slow speed engine into the World’s First Liquefied Natural Gas (LNG) powered containership. The ME-GI engine represents the next generation of technology that will open the door to a cleaner and safer shipping industry, particularly in the United States. Doosan Engine built the 8L70ME-C8.2GI under license from the designer MAN Diesel and Turbo. The engine weighs 539 tons.
The Sustainable Ocean Summit 2013 (SOS 2013), organized by the World Ocean Council (WOC), is an international ocean business community gathering dedicated to industry leadership and collaboration in developing solutions to ocean sustainability challenges. Washington D.C. - April 22-24, 2013 The theme of SOS 2013 is “Oceans 2050–The Ocean Business Community and Sustainable Seas.” The SOS is designed for the diverse range of ocean industries: shipping, oil and gas
“Sustainable development” has gone from buzz word to business imperative in the two decades since the initial Earth Summit in Rio de Janeiro in 1992. Companies are increasingly evaluated on how well they address sustainability as a critical measure of their commitment to the triple bottom line – people, planet and profit. Stakeholders expect companies to develop sustainability and corporate responsibility programs and reporting as part of efforts to take up civil
XPRIZE announced that team registration is open for the $2 million Wendy Schmidt Ocean Health XPRIZE, a competition to incentivize breakthroughs in ocean pH sensor technology that will radically transform our understanding of ocean acidification. Teams are expected to come from diverse backgrounds, ranging from nanotechnology and biotechnology to industrial chemistry and marine science -- from academic institutions, nonprofit organizations and small and medium enterprises
Crowley christens new ocean class, DP2 tugboat, Ocean Sun, in Louisiana As part of the company's new vessel build program, Crowley Maritime Corp. christened the latest of its four tugboats in the ocean class series, Ocean Sun, today in Lake Charles. The ceremony served to formally welcome the fourth dynamic positioning 2 (DP2) tugboat to the company’s expanded ocean towing fleet, which has been involved in most of the major offshore oil production installations in the U.S
XPRIZE announced the launch of its next major competition: the $2 million Wendy Schmidt Ocean Health XPRIZE. On the heels of the successful Wendy Schmidt Oil Cleanup XCHALLENGE, the Wendy Schmidt Ocean Health XPRIZE aims to spur global innovators to develop accurate and affordable ocean pH sensors that will ultimately transform our understanding of ocean acidification, one of the gravest problems associated with the rise in atmospheric carbon dioxide (CO2).
Drew Stephens Leads GIS for Ocean and Coastal Environments Industry. Esri has hired Drew Stephens to expand the market for GIS within the ocean industry. Esri, the world leader in GIS, has accelerated the development of its ocean technologies via the Esri Ocean GIS Initiative. As Esri's industry manager for ocean and coastal environments, Stephens will play a key role in this effort through his diverse background and GIS experience.
Drew Stephens to lead Esri's Geographic Information Systems (GIS) for Ocean and Coastal Environments Industry. Esri has hired Drew Stephens to expand the market for GIS within the ocean industry. Esri, the world leader in GIS, has accelerated the development of its ocean technologies via the Esri Ocean GIS Initiative. As Esri's industry manager for ocean and coastal environments , Stephens will play a key role in this effort through his diverse background and GIS experience.
The World Ocean Council (WOC) has announced its 3rd Sustainable Ocean Summit (SOS) to be held on 9-11 November, 2015 in Singapore. The SOS is the only international, multi-sector, business event dedicated to “Corporate Ocean Responsibility”. This first SOS to be held in Asia, the 2015 event is being developed in collaboration with stakeholders in Singapore, Hong Kong and responsible business leadership companies from around the world.
Purpose-built oceanographic research and survey vessel New Horizon has been sold from the Scripps Institute of Oceanography to private interests, announced ship broker Marcon International, Inc. New Horizon will continue to work under her new ownership as a U.S
Dry bulk shipping firm Golden Ocean Group said on Tuesday it did not consider an equity issue to improve its liquidity and balance sheet following challenging markets conditions. "We are not considering equity issue. We are working on other options, including sale and leaseback
Rig firm Seadrill sees tough market continuing in 2016. Firms in Norwegian-born billionaire John Fredriksen's empire saw contrasting fortunes on Tuesday, as rig firm Seadrill booked $1.8 billion in writedowns while tanker firm Frontline turned around its fortunes after years of turmoil.
Somali pirates have hijacked an Iranian fishing vessel with 15 crew members, a Somali official and a maritime expert said on Monday amid warnings that piracy might be making a comeback in the Indian Ocean. Although there are still occasional cases of sea attacks
The deal has been finalized for marine and engineering services company Cammell Laird to begin work on the U.K.’s new £200 million polar research ship. The Birkenhead shipyard Cammell Laird said it saw off competition from Europe and beyond including Korea and Singapore to be
AWI researchers’ unique 15-year observation series reveals how sensitive marine ecosystems in polar regions are to change The warming of arctic waters in the wake of climate change is likely to produce radical changes in the marine habitats of the High North
The United Seamen's Service (USS) honored Anthony Chiarello, President and CEO of TOTE Inc.; Matthew J. Cox, President and CEO of Matson; and James C. McKenna, President and CEO of Pacific Maritime Association with the 2015 Admiral of the Ocean Sea (AOTOS) Award.
Chesapeake Shipbuilding Corp. signed another contract with Vane Brothers of Baltimore to build three more ocean going tugs. This new contract marks the 15, 16 and 17th tugboats built for Vane Brothers by Chesapeake Shipbuilding since 2008. Construction on the first new tug has already begun in one
China's National Development and Reform Commission (NDRC) is visiting several major container shipping lines’ offices in Shanghai and throughout the country as part of its surcharges investigation. According to local media reports
The merger deal of China’s two shipping gianst China Ocean Shipping Co., or Cosco, and China Shipping Group that could create the world’s fourth largest container operator is expected to get approval by Chinese government by January, reports WSJ.
Around 20 African migrants are missing at sea after their boat sunk in the Atlantic Ocean around 20 miles off the coast of Western Sahara, Spanish sea rescue services said on Wednesday. Spanish lifeguards rescued 22 African men from the sea late on Tuesday in stormy conditions and
Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced Mike Celata as the Regional Director of the Gulf of Mexico Outer Continental Shelf (OCS) Region. Celata, who starts his position immediately, has been with BOEM and its predecessors since 1988
In October a number of trade bodies released a joint press release to formally announce a reduction of the High Risk Area (HRA). Insurance companies have said the reduction may not result in reduced insurance costs due to the assessment of insurance risk being dependent on
The Georgia and South Carolina Ports Authorities have signed a new joint venture agreement that provides framework for the two states to work cooperatively toward the development of the Jasper Ocean Terminal (JOT), which will be jointly owned and operated by both port authorities.
NYK has placed an order for 5,500 technologically advanced 40-foot refrigerated (reefer) containers, which are more efficient and reliable than older equipment. Delivery of the new units has already commenced. This strategic investment will ensure that NYK continues to operate one