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
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.
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
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
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
The U.S. Coast Guard (USCG) issued a statement today stating that the United States’ Cuba policy change will not impact its missions annd operations. “Coast Guard missions and operations in the Southeast remain unchanged,” the USCG statement said.
Fugro Frontier is the third vessel in a series received by Fugro during 2014 Three months after its last delivery, Fugro has received the third of a series of three Fugro Offshore Coastal Survey Vessels (FOCSV) being built by Damen on December 12, 2014
The operation of an oil field involves moving rigs or jackups in a maneuver referred to as a rig move. These complex operations require experience and the coordination of all stakeholders. Explanation by Pål-André Malø, superintendent for new construction
Scorpio Bulkers Inc. announces agreements to modify and sell existing shipbuilding contracts for six capesize vessels Scorpio Bulkers Inc. has reached agreements with shipyards in South Korea and Romania to modify six newbuilding contracts for Capesize bulk carriers into newbuilding
The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups.
The installation of the gates for the new locks of the Panama Canal began today on the Atlantic side of the waterway, the Panama Canal Authority (ACP) reported. “This is a very important milestone for the Expansion Program,” said Panama Canal Administrator Jorge L
China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said on Sunday. Xinhua did not give details
BHP Billiton last night celebrated the shipment of its one billionth tonne of iron ore to China with customers, industrial associations, joint venture partners, suppliers and employees in Shanghai. BHP Billiton’s Chief Executive Officer Andrew Mackenzie was joined by President
The International Association of Classification Societies chaired by Philippe Donche-Gay of BV held its December Council meeting yesterday in London. The flagship Common Structural Rules project for bulk carriers and oil tankers was discussed and a presentation delivered to industry
Aluminum boat manufacturer Moose Boats announced the delivery of two patrol boats. The builder delivered a M2-38’ Patrol Catamaran to the United States Park Police in Fort Tilden, New York, as well as a M2-38’ Wide Cabin Patrol Catamaran to the New Jersey State Police in Point Pleasant
Shipments of iron ore on the Great Lakes totaled 5.9 million tons in November, an increase of 5.8 percent compared to a year ago. That increase finally pushed the year-to-date total ahead of 2013’s pace. Through November, shipments stand at 53,249,990 tons, an increase of 86,721 tons.
The U.S. Coast Guard (USCG), Customs and Border Protection, Canada's Niagara Regional Police and the Niagara County Sheriff's Office are investigating a reported hijacking of a Canadian-flagged charter vessel by two Canadian men Tuesday afternoon.
Bollinger Shipyards has taken delivery of two drydocks with a total lifting capacity of 12,000 tons. The announcement was made by Bollinger Chief Operating Officer, Ben Bordelon: “These two docks will position us well in the diverse customer markets that we serve and will
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
Dutch oil platform leasing company SBM Offshore is cutting 1,200 jobs, or slightly more than 11 percent of its global workforce, as part of a cost-saving programme. The company, which settled a bribery case with Dutch prosecutors for a record $200 million payment last month