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Takes Two

AEP MEMCO LLC Doubles Headquarters

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.


Stena Bulk, Concordia Team to Order 10 Chemical Parcel Tankers

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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


Russians Take Journalist To Kursk Site

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


Capesize Momentum Likely To Continue Through End Of Year

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


Graig Group Secures Orders For Bulk Carriers

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.


GAC Mersey Installs UK Offshore Platform

Conwy Platform: Photo credit GAC

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.


WSF Port Townsend-Keystone Route to Continue Full Servcie

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


Maersk Pirate Deserves 27-Years According to His Lawyers

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.


Offshore Platform/ROV Support Vessel Delivered

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


Places of Refuge

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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


HII Gains Award for Employee Military Service Support

Patriot award ceremony: Photo courtesy of HII

Huntington Ingalls Industries (HII) informs that two members of its legal team received Patriot Awards from Employer Support of the Guard and Reserve (ESGR) for their support of employees who are active in the National Guard or National Reserve.


Senator Kaine Tours NNS Apprentice School

Senatorial visit: Photo HII

Huntington Ingalls Industries (HII) apprises that it has hosted Sen. Tim Kaine, D-Va., for a tour of The Apprentice School at the company's Newport News Shipbuilding division. The visit provided Kaine an opportunity to meet with shipyard and Apprentice School leaders and discuss the importance


New Superyacht ROCKIT.IT Launched by Feadship

ROCK.IT: Photo Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand, the project has raised the bar of what can be achieved in an entirely bespoke project, say the yacht builders.


RIMPAC Exercise Puts LCS Through Paces

No Drama The littoral combat ship Independence is seen here on plane guard duty with the aircraft carrier Ronald Reagan during the Rim of the Pacific exercise in July, marking the first time a ship of this class operated

  It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that, except for several extended overhaul periods, has consumed much of the ship’s operating time since the


DMR Sees US Container Terminal Sector M&A Flurry

Development of US Container Port Volumes, 2000-2013 (million teu)

M&A (Merger & Acquisition) activity in the US container terminal sector is currently at its highest level since the boom time of the mid-2000s. However, whilst the type of buyer is largely similar to what it was, the rationale for pursuing today’s deals is different


Rickmers-Linie Transports Railway Cranes to China

One of the six Kirow railway cranes being loaded onto the Rickmers Singapore at Wallmann Terminal in Hamburg”. Photo: Rickmers

Rickmers-Linie, the Hamburg-based liner carrier for break bulk, heavy lifts and project cargoes has again been chosen by Kirow for the transportation of railway cranes from Hamburg to Xingang. The shipment in August marked the continuation of a long-standing relationship between the two companies


Boskalis Update on Share Buyback Program

Royal Boskalis

 In the period from 18 August up to and including 22 August, Royal Boskalis Westminster N.V. (Boskalis) repurchased 150,500 of its own shares at an average price of EUR 41.5715 per share for a total consideration of EUR 6,256,515.50 million.


First Shipment of Russian Novy Port Oil

Novy Port oil loading: Photo Gazprom Neft

Gazprom Neft provided a summer shipment of oil from Novoportovskoe deposit – for the first time, the raw material was taken by sea and sent to European consumers, according to Russian official news agency Arctic-Info. The new oil called Novy Port is the light and low sulfur content (about


OWS Christens Damen Fast Crew Supplier

Attendees pose for a photo with OWS’ new Damen FCS 2008 vessel, Offshore Waddenzee, during the christening ceremony at Damen Oranjewerf Amsterdam, on August 22 (Photo: Damen)

Offshore Wind Services’ (OWS) latest Damen vessel – the Fast Crew Supplier 2008 Offshore Waddenzee - was officially named at Damen Oranjewerf Amsterdam, on August 22. The FCS 2008 is the second Damen vessel ordered this year by the Dutch company


Kongsberg Holds Subsea Photo Contest

Image taken with the Kongsberg Maritime OE14-208 Digital Stills Camera. Credit MARE/TNC/CSUMB (Marine Applied Research and Exploration, The Nature Conservancy and Californian State University Monterey Bay.

Searching for the best images and videos taken using its leading underwater SD and HD cameras, Kongsberg Maritime’s ‘The Full Picture Photo and Video Competition’ starts today, Tuesday, August 26, and runs through to November 30, 2014.


GreenSteam Optimizer to Display at SMM

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As a developer of marine fuel efficiency and optimization systems, GreenSteam will showcase its fuel saving GreenSteam Optimizer in the Danish pavilion at SMM in Hamburg, September 2014. Making good decisions on board based on sound and accurate data is the basis for efficient operation of any


Tugboat Capsizes Near 106th Bridge, Chicago

Tugboat Bonnie G. Selvick: Photo USCG

The Coast Guard informs it is responding to the capsize of a tug on the Calumet River near the 106th St. Bridge in Chicago, in which the two crew members were able to escape from the vessel and swim to shore. The 2-man crew of the 57-foot tug, Bonnie G


Coast Guard Responds to Capsized Tug in Chicago

The 57-foot tug, Bonnie G. Selvick, rests in the Calumet River near the 106th Bridge in Chicago after capsizing Aug. 27, 2014.

The Coast Guard is responding to the capsizing of a tug on the Calumet River near the 106th St. Bridge in Chicago in which two crew members were able to escape and swim to shore. The Coast Guard is not releasing the names of those involved.


SHIPPINGInsight Extends Early-bird Registration

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SHIPPINGInsight 2014 is extending the deadline for early-bird registration to Sept. 15. Attendees registering online at www.shippinginsight.com/choose-event prior to midnight Sept. 15 can receive discounts up to $400 for the event, which takes place Sept. 30-Oct


OSV Power

The Ulstein Verft subsea newbuild Island Performer was built for Island Offshore (Courtesy of Ulstein Group/Marius Beck Dahle)

The continued maturation of Offshore Service Vessel design is embodied in recent contracts and deliveries.  Ulstein Verft subsea newbuild Island Performer was built for Island Offshore to be a flexible, RLWI/IMR vessel, destined to serve its first five years for FTO in the Gulf of Mexico






 
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