AEP MEMCO, a dry cargo barge operator will be growing its business in a new Class A office building emerging at Chesterfield Village in Chesterfield, Mo. AEP MEMCO LLC will more that double the size of its headquarters by taking two floors in the five-story, 100,600-sq. ft. Central Park Square Office I being developed by Sachs Properties. AEP MEMCO, based at Chesterfield Village since 1995, will occupy 42,000 square feet when the new building opens next year. The start of Central Park I marks the 40th anniversary of Chesterfield Village and opens the next chapter – Downtown Chesterfield – in the 1,500-acre development. Downtown Chesterfield will include a second six-story, 150,000-square-foot office structure and four pedestrian-oriented retail buildings totaling 26,000 square feet. AEP MEMCO employs 1,100 people nationwide, including 115 at it current headquarters. Knoy anticipates adding another 35 employees after the firm occupies its new headquarters taking shape on a 20-acre site in the 16000 block of Chesterfield Parkway West. The company currently operates out of 18,000 square feet of space in the Roosevelt Building at 16090 Swingley Ridge Rd.
As shipyards around the world struggle for business, Stena Bulk and Concordia Maritime confirmed an order of up to 10 in-house designed chemical tankers. The ships will be built at Guangzhou Shipyard International (GSI) in China with deliveries beginning from spring 2014. When delivered, the 50,000-dwt vessels will be the most sophisticated in the Stena Bulk and Concordia Maritime fleet. The value of the order is $400 million if all ten ships are declared
GAC Shipping UK completes the successful installation of the Conwy platform 40 miles off the port of Liverpool in good time The successful installation was completed only two months after a tug carrying the rig's jacket and topside - each weighing in at over 700 MT - set off from Rotterdam. GAC's Liverpool office was appointed by Dutch heavy civil engineering company HSM Offshore BV to provide an integrated package of support services to construct and hook-up the platform.
The momentum in the Capesize shipping markets is likely to continue across the next month, shipping brokers said. However, continued rate strength in the New Year will depend on sentiment concerning Bocimar's intentions for the vessels it has on short term charters coming up for renegotiation from February. Current optimism in rates being maintained is based on recent timecharter fixtures of $20,500 a day for a modern bulk carrier East and $17,600 on a return trip to Europe, a broker said
Cardiff-based Graig Group has secured seven firm orders for its modern double-hull ultra handymax Diamond 53 bulk carrier. Graig has ordered two Diamond 53's from Shanghai's New Century yard, Athens-based Thenamaris has taken two Graig orders from the same yard, and Scandinavian interests have confirmed, through Graig, three orders at Shanghai's Chengxi yard. First deliveries will begin in January 2005. A total of nine options have been granted by the two shipyards.
Nearly a year after the Kursk submarine sank in the Barents Sea with the loss of all on board, Russia packed 99 journalists onto a ship and took them to the site of the catastrophe. The Kremlin says it wants to make the lifting of the 18,000 ton nuclear-powered warship a model of multi-media openness, after weathering fierce criticism last summer for its handling of an accident that is still shrouded in mystery. Horror at the loss of one of Russia's most modern submarines and her 118 crew
The concept of force majeure has been broadly accepted since mariners initially encountered the perils of the sea. Persons and governments ashore have been obligated, at least by natural law, to accept and succor those in distress at sea. Concomitant with force majeure is the notion of providing a ship in distress with a place or port of refuge. A place of refuge is where a ship could go to avoid or ameliorate the peril and then depart at the earliest opportunity
According to a report from Bloomberg, Abduwali Muse, a Somali pirate who pleaded guilty to hijacking the container ship Maersk Alabama, should get 27 years in prison when he is sentenced this month, his lawyers said, citing his youth and poverty. Muse admitted in May to two counts of hijacking maritime vessels, two counts of kidnapping and two counts of hostage taking. He faces 27 years to 33 years and nine months in prison under a range agreed to by his lawyers and the U.S.
Washington State Ferries (WSF) said that the Port Townsend-Keystone route will continue to operate on a two-boat regular schedule, despite reports that the Nisqually may be taken off the route and service reduced to one vessel. The Nisqually and the Klickitat will operate on the published summer schedule, which is available online at http://www.wsdot.wa.gov/ferries/. On Sunday, July 29, a slow leak was discovered in the stern tube (part of the vessel steering system) of the Illahee
Singapore's Greatship Global Offshore Services Pte. Ltd. takes delivery of the vessel from Colombo Dockyard, Sri Lnaka. Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV Support Vessel, Greatship Ragini. Greatship Ragini is a DP2 vessel
WQIS has learned that even market leaders and pioneers need to stay dynamic and never get complacent. Shaking things up can break barriers for even the strongest organizations. By insuring some 35,000 vessels, across every major waterway in the US
The recent IMO Symposium on the Future of Ship Safety recommends that the International Maritime Organization (IMO) carries out a full review of the existing regulatory regime, in order to meet future needs and expectations. Following two days of intense discussions on a wide range of issues
Maritime London has appointed shipbroker Alderman & Sheriff Jeffrey Evans as its chairman to follow David Moorehouse CBE. Made up of professional UK maritime service firms, Maritime London showcases the breadth and depth of the cluster. The UK’s maritime industry accounts for 2
The Mitsui O.S.K. Lines' 2008-built Bahama-flagged 8,000 teu containership 'MOL Comfort' foundered Monday & all 26 crew were picked up from a lifeboat by 'MV Yantian Express'. According to GAC there is a considerable amount of oil in the water with containers scattered in the area 430 m
The 2013 ICOMIA/IFBSO Congress was held in London, United Kingdom from June 11-14, 2013 and was hosted and organized by the British Marine Federation (BMF) at Devonport House, located in London’s exclusive Royal Greenwich, a World Heritage Site.
Twenty-seven people were treated in hospital after the amphibious tourist craft sank in Liverpool's Albert Dock. Yellow Duckmarine issued the following statement: "Following the incident involving Quacker 1, we are working closely with our regulatory body
International subsea equipment solutions specialist Ashtead Technology has added to its management team with the appointment of Tim Sheehan as commercial director. The appointment, which is a new position, comes as part of the company’s strategy to expand its global service offering which
A cargo ship, MV Fri Ocean, has run aground approximately 2.5 miles south of Tobermory, Sound of Mull. Stornoway Coastguard received a 999 call just after 6 a.m. this morning reporting that a 90-meter vessel carrying wood had run aground on rocks.
Two people are dead and one injured as a result of an accident during pressure tests on equipment on June 14, 2013 at approximately 9:45 a.m. onboard GDF Suez E&P Nederland B.V's L5A platform, approximately 103 km North of Den Helder, the company said in a statement.
It has been an active week in the shipbuilding market, especially in the dry bulk sector, according to Clarkson Hellas's 'Weekly S+P report'. Apart from a single Panamax order and declaration of some Capesize options, ordering has been primarily focussed on the smaller Handysize and Supramax
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that the company, through a separate wholly-owned subsidiary, took delivery of the m/v Baltimore (formerly Tamou), a 2005 built Capesize dry bulk carrier of 177
An integrated humanitarian assistance disaster relief scenario by the US & Thai navies was included in a simulated earthquake & tsunami in Rayong Province during the CARAT Thailand 2013 joint exercises. The Thailand phase of Cooperation Afloat Readiness and Training (CARAT) exercise
Offshore energy services provider Jaya Holdings Ltd. reached an agreement to sell a second new state-of-the-art anchor handling tug supply vessel Jaya Sovereign to Canadian buyers, Atlantic Towing Ltd. The vessel’s delivery is expected by the end of 2013.
Incat Crowther and Marine Engineering Consultants (MEC) announced commencement on the construction of a 24-meter long-range Catamaran Patrol Vessel to work in the Great Barrier Reef World Heritage Area (GBRWHA). The GBRWHA is jointly managed by Queensland’s Department of National Parks
Australia’s HMAS Newcastle provided medical treatment and evacuated two badly burned Filipino merchant seamen from a stricken oil tanker in the Somali Basin. The seamen from the Liberian registered Merchant Tanker Perla, were severely burned during a machinery fire which left the tanker