American River Transportation Company (ARTCO), a subsidiary of Archer Daniels Midland Company (ADM), today announced plans to launch new barge fleeting and switching operations in the Cairo, Illinois, harbor starting January 1, 2016. The Cairo harbor is a vital hub in the inland waterway supply chain. The new operation will be based in Wickliffe, Kentucky, and will provide fleeting and switching operations from mile 948 on the Lower Mississippi River to mile 29 on the Upper Mississippi and mile 974 on the Ohio River. “ARTCO is the only company in the inland waterway system that can provide a self-contained supply chain to our customers, which allows us to provide better, more efficient and cost-effective service,” said Jason Porter, vice president, ARTCO operations. “This new location provides strategic access to the Lower Mississippi, Upper Mississippi and Ohio Rivers and will allow ARTCO to directly provide a complete range of services in the Cairo market without relying on any third-party support, giving our customers a truly one-stop solution to meet their worldwide transportation demands.”
W R Systems, Ltd. (WRSystems) has been awarded a $26,946,956 contract from the U.S. Navy to provide engineering technical support services for navigation systems in the U.S. and abroad. Seventy-five percent of the contract work will be performed in Hampton Roads, Va. through WRSystems’ Engineering Services Division in Norfolk, Va. The value of the contract could reach an estimated $140,601,392 if all options are exercised. The company is based in Fairfax, Va
General Dynamics Advanced Information Systems, a business unit of General Dynamics was awarded two contract modifications totaling $50 million to continue supporting the AN/BYG-1 combat control system aboard U.S. Navy and Royal Australian Navy submarines, as part of the AN/BYG-1 modernization program for the tactical control systems (TCS) and weapons control systems (WCS). General Dynamics is delivering enhanced capabilities across multiple submarine platforms
Operating profit for the CMA CGM Group is expected to return to the breakeven point in December 2009, ahead of the company’s cautious forecasts in September 2009. The savings plan applied throughout all segments of the group, combined with increasingly firm volumes and rates, is already producing its initial effects. The recovery of operating profit illustrates the shipping expertise of the CMA CGM teams, which have been entirely focused on achieving this objective.
Fleet management software developer Tero Marine has served the shipping industry for nearly three decades with a product range led by its software suite TM Master, now a leading fleet management brand with more than 2,000 licenses worldwide. The Bergen, Norway-based company and its fully integrated marine information system TM Master have managed to stay competitive amidst an explosion of companies providing fleet management and software solutions to the maritime market
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our quarterly fleet status report dated April 14, 2011. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report
SeaKits, the developer and provider of the Marine Maintenance System (MMS), has released Version 3.0 of MMS Fleet Solutions providing expanded functionality for workboat fleets, including passenger, tow and service vessels. MMS Fleet Solutions V3.0 provides Port Engineers, Maintenance Managers, and company executives with fleet-level visibility of all planned and corrective maintenance activities including maintenance schedules/forecasts, work orders, and inventory levels
Applied Weather Technology, Inc. (AWT) announced that an expert judging panel has selected AWT, with its innovative fleet management system GlobalView, as the winner of the Systems category for the fifth annual Safety at Sea International Awards. AWT was also recognized as a finalist in the category of Security. Introduced in 2010 as the first fleet management system to provide critical maritime data within the visual presentation of Google Earth technology
Forms for the At-Berth Regulation Advisory have been posted to the Shore Power website. As specified in the December 2013 Regulatory Advisory, fleets need to notify ARB of their intention to qualify for temporary relief under each scenario they intend to use. Fleets also need to provide evidence that they have made a good faith effort to comply with the At-Berth Regulation. To do this, fleets must complete the "December 2013 Regulatory Advisory Notification" form and return it by
Contract includes AMERCOAT, PSX coatings for 110-ship global fleet PPG Industries’ protective and marine coatings (PMC) business was awarded a five-year contract by the U.S. Navy’s Military Sealift Command (MSC) to continue providing coatings, solvents and technical services to its global fleet of 110 ships. Tim Knavish, PPG vice president, protective and marine coatings, said the contract extends PPG’s commitment to serving the U.S. Navy and other military services
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities for long routes the petrochemical market. The gas carrier owner reported profit before and after tax of minus $ 5
During July 2016, the containership fleet reached a landmark 20 million TEU in terms of aggregate capacity, says Clarksons Research. To many it only seems like yesterday when the boxship fleet passed the 10 million TEU mark, back in April 2007
Australian defence officials warned French naval contractor DCNS to beef up security in Australia, where it is preparing to build a A$50 billion ($38.13 billion) fleet of submarines, in the wake of a massive data leak, a government spokesman said on Friday.
Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two new combination container and roll-on/roll-off (Con-Ro) vessels for its Hawaii fleet at a contract price of $511 million for both
The Company: Bernard P. McDonough created the company in 1945 by leasing barges from his construction company into the marketplace. Through a series of new and used barge additions, McDonough forged his company, expanding from the Ohio River to the Gulf of Mexico and eventually to the East Coast
Cheaper production and material costs as well as weaker demand has driven the price of new container equipment down to record lows and is forecast to fall further during 2016, according to the latest edition of the Container Census report published by global shipping consultancy Drewry
United Arab Shipping Company (UASC), which is close to merging with Hapag-Lloyd, revealed enormous deficits and a massive debt in its key financial figures, says Alphaliner. The first-time revealed UASC financial figures uncover more than $4bn of debt incurred during a major fleet
“While replenishments-at-sea are routine, astern refueling is unique and requires precise navigation and coordination,” said Lt. Cmdr. Jason Ileto, fleet replenishment scheduler for Commander, Logistics Group Western Pacific. “[USS Pioneer (MCM 9)] and other minesweeping vessels
Lucas Marine is partnering with Harbor Breeze Corporation to help reduce the yacht charter and cruise company's fuel costs, maintenance and environmental impact in Los Angeles and Long Beach Harbors. Harbor Breeze is one of the largest yacht charter and cruise companies operating within
The Company: A leading US maritime consultancy established in 1996, SMSLLC provides practical risk mitigation solutions for vessel operators and stakeholders. Clients include a broad range of operators including Genesis Marine, American River Transportation Company, Seabulk Towing
With European owners leading the pack in buying up vessels, the sale and purchase market appears to have been notably active in recent years, reveals Clarkson Research Services Limited. While Europe has been the main buyer region
On July 29, 2016, Eastern Shipbuilding Group, Inc. delivered Oceanus (Hull# 240), the third in series of four identical Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs built for Suderman & Young Towing Company at Eastern’s Nelson Street facility.
Ship connectivity, smart data and cybersecurity will be central themes on the agenda at the fifth SHIPPINGInsight Fleet Optimization Conference & Exhibition. The annual maritime technology forum and trade show will take place at the Stamford Marriott Hotel & Spa in Stamford, Conn
A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. Two major factors have lowered VLGC rates in recent times: excessive fleet growth and weak
BW Group (BW) has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing a new-build Floating Storage and Regasification Unit (FSRU) for the second Pakistan LNG terminal.