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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

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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


Wärtsilä to Begin Building LNG Terminal in January

Tornio Manga LNG terminal (Image: Wärtsilä)

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015


Video: Crewman Medevaced from Oil Tanker

Photo: USCG

The U.S. Coast Guard (USCG) medevaced a Filipino crewmember from a tanker 23 miles south of Southwest Pass, Sunday.   Watchstanders with Coast Guard Sector New Orleans received a call from the crew of the 748-foot Marshall Islands-flagged tanker Lorelei reporting a crewmember was suffering


Making Money with Marine Monitoring

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The myriad benefits of gplink are well documented. What you do with it is literally ‘your business.’ Remote Monitoring and Tracking company gplink bills itself as the most capable remote diagnostic tool available for high horsepower systems


Baltic Index Slips with Falling Panamax Rates, Capesize Revives

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell further on Wednesday, dragged down by decreasing panamax rates.   The overall index, which factors in average daily earnings of capesize, panamax


BP's Interim Dividend for 2014

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  On 28 October 2014, the Directors of BP p.l.c. announced that the interim dividend for the third quarter 2014 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 19 December 2014 to shareholders on the share register on 7 November 2014.


Kidde Fire Goes Multi-Lingual on its ARIES NETLink

Kidde Fire Systems announced the launch of a multi-language version of the ARIES NETLink Multi-Loop Intelligent Fire Alarm-Suppression Control Unit, which now supports French, Spanish and Portuguese, in addition to English. Kidde Fire Systems


CSV Delivered to Bibby Subsea

Olympic Ares

Bibby Offshore’s Houston-based division, Bibby Subsea, welcomed the Olympic Ares, a multifunctional subsea construction support vessel (CSV) which is due to arrive in the port of Galveston on December 16, 2014.    The 115-meter Olympic Ares features a 250-metric-ton heave


Safeguarding GPS When Global Positioning Doesn’t Work

Entrance to the U.S. Coast Guard Navigation Center.

Suppose the Global Positioning System (GPS) receivers used for your vessel, offshore oil platform, or port facility could not generate position data needed for your operations. How would your crew or staff respond? Initial troubleshooting efforts may indicate equipment failures, antenna masking


Hempel Acquires Schaepman

Hempel has acquired Schaepman’s Lakfabrieken B.V, a Dutch supplier of specialized industrial, protective and decorative coatings. The acquisition is part of Hempel’s five-year growth strategy. Terms of the sale are undisclosed.  


Containership, Fishing Boat Collide; 13 Dead

File photo courtesy of the Suez Canal Authority

Egypt has ordered an investigation into an accident in which a Kuwaiti container ship and a fishing vessel collided in the Red Sea in an incident that killed 13 Egyptians.   A statement from the prosecutor's office said initial enquiries showed the fishing boat capsized after it and the


PublisherLT Available for Pre-2015 Release

Many ShipConstructor users have already realized the value of SSI's new information-sharing tool, SSI EnterprisePlatform PublisherLT. This product was launched in September 2014 with the ShipConstructor 2015 release. However, a number of clients are mid-project in an older version of


Captain, Officer of Containership Detained after Deadly Collision

The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians, a public prosecutor said on Tuesday.   The prosecutor said on Monday that initial enquiries showed the fishing


First ShipArrestor System Delivered in Norway

The ShipArrestor lassoes a target vessel during a trial

Following a full product trial in New Zealand, the Norwegian Coastal Administration (NCA) has signed its acceptance of the first of two ShipArrestor systems from Miko Marine, making Norway the first country with a system that gives it the ability to protect its shores from the danger of drifting


Sri Lanka Opposition Vows to Scrap China Port Deal if Wins Election

A leader of Sri Lanka's opposition said he would scrap a $1.5 billion deal with China Communications Construction Co Ltd to build a port city if the challenger to President Mahinda Rajapaksa wins next month's election. Chinese President Xi Jinping launched the project


Wärtsilä to Proceed with first LNG Terminal

  Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Wärtsilä will commence construction on the site near the port of Tornio in January 2015






 
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