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Murray Relieves Ver Hage of NSWC Corona's Command

Change of command at  Naval Surface Warfare Center

  Cmdr. Steve Murray assumed command of Naval Surface Warfare Center, Corona Division from Capt. Eric Ver Hage during a change of command ceremony held Friday, Aug. 1. Rear Adm. Lawrence F. Creevy, commander of the Naval Sea Systems Command Naval Surface Warfare Center, served as the presiding officer and keynote speaker at the ceremony.   Creevy presented Ver Hage with the Legion of Merit, praising his significant accomplishments during nearly three years in command, citing strengthened ties across the Navy, expanded community outreach and enhanced partnering with regional business and academia, such as the Navy's award-winning, first patent cross-licensing agreement. In his remarks, Ver Hage celebrated his co-leader, Dr. Bill Luebke, NSWC Corona technical director, and thanked community leaders and the workforce for their support during his tour. "What an extraordinary opportunity to learn, serve and lead this assignment has been," said Ver Hage "This is a high performance workforce . the best scientists, engineers and technicians in the world.  I have, and our nation has, asked so much of you, and you continue to hit it out of the park and achieve success in endeavor after endeavor."   Ver Hage heads to another assignment at NAVSEA as the Director of Test and Evaluation for the Evolved Sea Sparrow Missile System program, a 10-nation, international cooperative development effort.


Transas Secures First Simulator Order in Myanmar

In May 2002, Singapore-based Transas Marine Pacific received the first order to supply a multi-purpose simulation complex to Myanmar (Burma). The order came from Eastwind Shipmanagement Pte Ltd, which is setting up its own training center in Myanmar. Among the Transas simulator equipment to be installed within the next 8 weeks in the new training facilities of Eastwind, there will be the TGS 4100 Ver. 4.1 GMDSS simulator class; networked PC-based Engine Control Room simulator ERS 2000 Ver. 5


Transas Moves Towards Auto Integrated Navigation

With the Navi-Sailor 2400 ECDIS becoming the world's first type approved ECDIS, the company's latest development — Navi-Sailor 2500 — goes even further in the automation of full bridge navigation. Navi-Sailor 2500 is equipped with a number of innovative functions that bring this product to the summit of modern shipping electronics. In addition to the vector charts of S-57 ver.3 format and raster ARCS and NDI/BSB, the new system can incorporate Seafarer raster charts produced by the


Proposed Notice of Sale Issued for Western Gulf of Mexico OCS Sale 174

The U.S. Department of the Interior's Minerals Management Service (MMS) is making available the Proposed Notice of Sale for Western Gulf of Mexico (GOM) Sale 174. The sale is scheduled for August 25, 1999, in New Orleans. Sale 174 encompasses 3,642 unleased blocks, about 19.81 million acres, in the Western GOM Outer Continental Shelf Planning Area offshore Texas and in deeper waters offshore Louisiana. The blocks are located from nine to 200 miles offshore in water depths ranging from 26 ft


ClassNK Releases New Container Guidelines/Software

ClassNK Releases New Guidelines and Software for Container Carrier Structures.   ClassNK has released a new revised edition of its “Guidelines for Container Carrier Structures – Guidelines for Direct Strength Analysis”, as well as a new version of its PrimeShip-HULL(DSA) software for use in designing container carriers in line with the new guidelines.   ClassNK released the first edition of its “Guidelines for Container Carrier Structures” in 2003


BOEM: 38 Million-Acre Oil &Gas Lease Sale in the Central GOM

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will offer 38 million acres in the Central Gulf of Mexico for oil and gas exploration and development. Thesale will build on two major Gulf of Mexico lease sales in the last year – a 21 million acre sale held last December and a 39 million acre sale held in June. Proposed Lease Sale 227, scheduled to take place in New Orleans on March 20, 2013


Obama Administration: More Than 20 Million Acres Offshore Texas for Bid

November Sale Will Offer All Available Unleased Areas in the Western Gulf of Mexico     As part of President Obama’s all-of-the-above energy strategy, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau released the final details for an oil and gas lease sale that will offer more than 20 million acres offshore and will make available all unleased areas in the Western Gulf of Mexico Planning Area.  


Cummins Reports Results for Q2 2013

Cummins Inc. today reported results for the second quarter of 2013. The company said they expect full year revenues to be in line with 2012. Second quarter revenues of $4.5 billion increased 2% from the second quarter of 2012. Revenues in North America increased by 7% and international revenues declined by 4%. Within international markets, growth in Brazil and China was offset by weaker demand in Europe, India and Mexico.


MOL America Announces Corporate Sales Changes

Richard Craig

MOL (America) Inc. issued a release announcing several changes to its North American sales management, including the promotion of Richard Craig to the position of executive vice president, sales and operations. Additionally, Richard Jung, who currently assistant vice president of sales, central region, has been appointed to assume the duties of vice president of sales in replacing Dennis Sheehan, vice president of sales, who has decided to leave MOL (America) Inc


BOEM Proposes GoM Oil and Gas Lease Sale

Photo courtesy BOEM

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that the bureau will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.


USG to Sell 2 GTL Ships for $42m

North American building products company United States Gypsum Corporation (USG) announced that it has entered into agreements to sell two gypsum carrying ships.   The two ships, part of USG’s non-core shipping business, Gypsum Transportation Limited (GTL), will be sold for $42 million


Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The Pasha Group has been granted early termination of the premerger waiting period. This grant was effective April 21, 2015


MISC Says AET Tankers Unit Not for Sale

Photo: AET

MISC Berhad issued a statement today addressing recent market speculation that the company is set to sell its wholly owned petroleum tanker subsidiary AET Tankers. The company said, “Petroleum shipping is a core element of [MISC’s] current and ongoing business and, as such


Total Eyes Sale of its Fuel Retailing Business in Turkey

Total aims to exit its fuel distribution business in Turkey and has asked Societe Generale to lead the sale, sources said on Friday, as the French oil producer looks to scale back in a highly competitive and regulated market. Turkey has some of the steepest fuel prices in Europe but heavy taxes


US Begins to Formally Review Shell's Arctic Drilling Plan

The U.S. Interior Department said on Friday it has received a plan by Royal Dutch Shell PLC to explore drilling opportunities in the Arctic.   The company's plan envisions "exploration drilling in the shallow waters of the Chukchi Sea Outer Continental Shelf


Petrobras Shares Jump on Plans to Sell Braskem Stake

Shares in Brazil's Petrobras rose 6 percent on Monday after local media reported that the state-run oil company plans to sell a stake in petrochemicals firm Braskem SA for around 2.8 billion reais ($903 million).   The report in Broadcast, the real-time news service of newspaper Estado de S


Schwarze-Robitec Launches American Subsidiary

Photo: Schwarze-Robitec

Tube bending machine manufacturer, Schwarze-Robitec has opened a North American subsidiary as of April 2015. Schwarze-Robitec America Inc. has been implementing the entire sales and service for the high-quality Tube Cold Bending Machines Made in Germany.


Hanøytangen Under New Ownership

Photo courtesy of the Bergen Group

Bergen Group has decided to divest the company’s activity at Hanøytangen. Sale agreements have been concluded with Semco Maritime for the operational activity and with Hellik Teigen AS for the real estate. The total transaction price is set to NOK 245 million.  


Singapore Registers Double-Digit Bunker Fuel Sales Growth

Photo source: Maritime and Port Authority of Singapore

 Maritime and Port Authority (MPA) of Singapore said that Singapore bunker fuel sales rose 5.34% month on month and up 12.33% year on year, to 3.58 million mt in March reports Platts.   The vessel arrivals in Singapore for bunker fuel rose to 3,295 in March, up 9


Trelleborg Opens US Facility

Photo: Trelleborg

Trelleborg’s marine systems operation has opened a new American headquarters in Berryville, Virginia, U.S. The new site houses a 36,000 square foot manufacturing facility for foam-based marine fenders and buoys and 9,000 square foot sales and business development office.  


More Data Shows Chinese Slowdown

Chinese slowdown confirmed in Chinese and IMF data   The Chinese economy grew by 7% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overall growth in six years. Growth during the quarter was strongest in the industrial sector (6


Krill Systems Partners with Six Maritime

In recognition of the growing demand for Krill Vessel Fuel Management Systems (VFMMS) worldwide, including certain regions that are currently experiencing political instability, Krill Systems Inc. announced the signing of a general partnership agreement with Six Maritime to perform sales and


Steelhead Introduces a New Yacht Crane

Steelhead Introduces a New Yacht Crane

  Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane. Suited for commercial and recreational vessels, the E Series crane is available primarily in a 1,000-lb model with a 1


ConocoPhillips Weighs Sale of North Sea Assets in Norway

ConocoPhillips Inc is weighing sale of some of its North Sea assets in Norway which may fetch as much as $1 billion, Bloomberg reported, citing sources familiar with the matter.   The largest independent producer of oil and natural gas may sell assets that are operated by others including


Eni CEO Drafts in Former Boss to Pave Way for Saipem Sale

Stefano Cao has been brought back by Eni to turn around the oil service subsidiary Saipem that he spent nearly 25 years working for and prepare it for a sale, according to people familiar with the plan. Italian state-controlled oil major Eni has been mulling for years the idea of cutting its 43






 
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