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Report Available

St. Lawrence Seaway Annual Report Available

The St. Lawrence Seaway Management Corporation (SLSMC) issued a statement that the 2002-2003 Annual Report is now available. Including both a narrative text and financial summary, the annual report also mentions that the SLSMC's new business plan increases maintenance expenditures by 36 percent over the next five years. Source: HK Law


Green Initiative Progress Report by US Ship Operator

Horizon Lines Ship:Photo Horizon Lines

Horizon Lines updates progress towards environmental excellence A report (available at www.horizonlines.com) presenting the company’s progress in pursuing environmental excellence through its ongoing “Green Initiatives Program" has been release by Horizon Line.” The report describes the carrier’s efforts to mitigate environmental impact from shipping operations and intermodal transport.


Todd Shipyards Report 2Q Results

Todd Shipyards Corporation announced financial results for the second quarter ended September 29, 2002. For the quarter, the company reported net income of $2.0 million. For the six month period then ended, the company reported net income of $4.3 million. In the prior year second quarter ending September 30, 2001, the company reported net income of $3.0 million. Per share calculations for the second quarter and first six month period ended September 29


TotalFina Tightens Tanker Regulations After Erika Spill

Oil giant TotalFina, which chartered the ill-fated oil tanker Erika, tightened its policy on chartering older tankers. However, company officials stressed that a new age limit on large ships, which would not have stopped it chartering the mid-sized Erika, needed to be backed up by tougher international maritime standards and greater transparency of safety checks. "We still need a global initiative and we are still calling for tighter controls and for charterers to have more access to


Information Edge

iOra_logo_AWK WEB.jpg

Information at the Edge of the World The need for ship-to-shore information exchange has never been greater. Lawrence Poynter product director at iOra explores the sophisticated connectivity solutions that can keep the fleet afloat. For armchair sports fans, 2012 has been a bumper summer of wall-to-wall media coverage. For naval crews, getting the latest NASCAR results, football scores or Olympic record times is more difficult – but not impossible


Ireland's Transport Dept. Clarifies GME EPIRB Approval

Following recent reports in the media regarding the use of Emergency Position Indicating Radio Beacons (EPIRBs) the Department of Transport, Tourism & Sport wishes to clarify the position regarding the approval and use of EPIRBs in Ireland. Fishing vessels in Ireland are subject to a comprehensive survey regime covering all safety equipment, including the EPIRB, and a safety certificate is only issued on foot of satisfactory completion of the survey


GlobeOffshore Now Available From Globe Wireless

GlobeOffshore, the first fully integrated workboat management system, is now available from Globe Wireless. The system acts as a decision support tool helping to improve vessel utilization, streamline operational and strategic decisions and maximize vessel efficiency. Onboard, the GlobeOffshore log captures all types of information - cargo, operational, crew and passenger, and position. The data is then available to the vessel owner via the Internet


Large Tanker Fixing Slows, Rates Soften

Large tanker fixing out of the key Middle East market slowed last week as charterers had largely covered their October liftings, resulting in the softening of rates by about two and a half Worldscale points, brokers said last week. VLCCs to Japan commanded between W51 and W52.5, down from the mid W50s the previous week, while Korea was slipping to W50 by the end of the week. Westbound to the U.S. Gulf maintained W47.5, and one Continent fixture reached W50.


GlobalSantaFe Corporation Announces Update to Fleet Contract Status

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation (GSF)said that its report of drilling rig status and contract information has been updated as of June 8, 2007. The drilling rig status and contract information report on GlobalSantaFe's offshore drilling fleet is available in a condensed format via the company's Web site at http://www.globalsantafe.com. The report is located in the "Investor Relations/SEC filings" section


Corps to Release Draft Proposal for Navigation Study

The U. S. Army Corps of Engineers is preparing to release a draft proposal for public comment and review in the Upper Mississippi River and Illinois Waterway Navigation Feasibility Study. The Corps' study team met with federal principals from the U.S. Department of Agriculture, Environmental Protection Agency, Fish and Wildlife Service and Maritime Administration to discuss the range of possible alternatives. The next step will be the preparation of a draft report in May


Viega Debuts ProPress Zero Lead Ball Valves

Photo: Viega

Viega has introduced its line of Viega ProPress Zero Lead Ball Valve press x hose thread for copper fittings.   The bronze ball valves are full port and designed for potable water applications. The ball valves are available in 1/2" and 3/4" press sizes and 3/4" hose sizes


Asia, Mideast Product Tankers Idled on Oversupply

File Image: Credit BMT

Lower product shipments from India, Mideast; diesel comes off floating storage, frees up ships.   Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut daily earnings to as little as a fifth of


Saudi Aramco Selects Lead Underwriters for $100 Bln IPO

Oil giant Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters on the firm's planned initial public share offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.  


Russian Frigate Heads to Med on Syria Mission

File Image (CREDIT: AdobeStock)

The Russian frigate Admiral Grigorovich left the port of Sevastopol in Crimea on Monday for the Mediterranean where it will join the country's naval forces deployed near the Syrian coast, a Russian source told Reuters.   The source did not provide further details


Mediterranean Migrant Arrivals Reach 1,159; Deaths at Sea:27

Image IOM

Region-Country: Europe and Central Asia / Switzerland Switzerland - International organization for migration (IOM) reports that 1,159 migrants and refugees entered Europe by sea in 2017, through 12 January, arriving mostly in Greece and Italy, compared with 22


World Energy Trends: What’s New in Floating Production

Where FPSOs are Being Planned. (Source: IMA/World Energy Reports)

Oil pricing continues to hover in the mid-$50s, market confidence is slowly returning and the production floater fabrication market is stirring. A major order for a production semi was placed in early January -- with Samsung receiving a contract to build the production semi for BP's Mad Dog Phase


Asia Tankers-VLCC Rates Likely to Slide

File Image (CREDIT: AdobeStock)

Chartering activity could slow down in March due to refinery work; growth in tanker fleet could climb 6.5 pct, pressuring rates.   Freight rates for very large crude carriers (VLCCs) are likely to fall next week as charter activity from China slows ahead of the Chinese New Year holiday


Action Must be Taken If We are to Address UK Seafarer Shortfall

Photo:  UK Chamber of Shipping

 UK Chamber CEO Guy Platten has responded to the publication of the Department for Transport Seafarer Projections Review by calling on government to back its SMarT Plus proposal.   The Department for Transport has this week published a study to assess the UK supply and demand for


Faster Processors for Maritime Panel Computers

Hatteland Display- 27 (pictured), 26 and 24 inch configurations of Hatteland Display’s second generation Series X Panel Computers now available Photo Hatteland Display

Hatteland Display expands second Generation Series X portfolio to provide bridge and navigation technology manufacturers a cutting-edge new platform for current and future product development Nedre Vats, Norway, 23 January 2017 – Hatteland Display


Royal Caribbean Sets Sail for Strong 2017

Harmony of the Seas (Photo: Royal Caribbean International)

Royal Caribbean Cruises Ltd forecast higher-than-expected adjusted earnings for 2017, helped by a strong start to bookings for Caribbean cruises, putting the No. 2 U.S. cruise operator on track to beat its own forecast of doubling profit from 2014.  


My Jobs: New App for Bureau Veritas Surveyors

Photo: Bureau Veritas

The latest digital development launched by Bureau Veritas (BV) supports in-service surveyors with a new mobile app for class and statutory surveys.   My Jobs is a mobile application developed by the Marine & Offshore division of BV to facilitate the survey process from end to end


Vestdavit Offers Speed Boost or Power Saving Choice

Photo: Vestdavit

Client consultation and a full internal technical review have prompted Vestdavit to refine lifting speed vs power options available across its entire davits range. The boat handling specialist has been focusing on how best to optimize equipment hoisting and lowering speeds within available power


India Impounds Ships, Detains Crew Over Oil Spill

Port authorities in Chennai have impounded a BW LPG vessel and a local ship carrying heavy fuel oil, and detained their crews, a spokesman for the port said on Friday, after their collision last week caused an oil spill affecting marine life and local fishing.


Pirates Kidnap Cargo Ship Crew Nigerian Waters

Pirates have kidnapped seven Russians and one Ukrainian after attacking the cargo ship the BBC Caribbean off the coast of Nigeria, the Russian embassy said on its official Twitter account. The embassy has asked Nigerian authorities to assist in locating the abducted people


Frontline Says Offer for DHT Remains 'Compelling'

Photo: DHT Holdings

Oil tanker firm Frontline reiterated its all-share offer for smaller rival DHT Holdings on Thursday despite the latter's rejection. Last month Frontline made a non-binding offer to acquire all DHT's outstanding shares in the hope of creating the largest private tanker firm in the world






 
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