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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 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.


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


US Slaps Sanctions on Singapore Shipping Firm over North Korea Links

Image: Senat Group

 The United States imposed sanctions on a Singapore-based shipping firm and its president, alleging they are supporting illicit arms imports into North Korea.   The Treasury Department said that Senat Shipping Company was providing extensive support to Ocean Maritime Management Company


Carnival’s Fathom Names Senior Sales Leader

Michelle Sutter (Photo: Fathom)

Carnival Corporation's new brand Fathom has appointed Michelle Sutter as a company senior sales leader. Sutter will be responsible for marketing and business development supporting sales of the new “social impact travel” brand.  


Singapore MPA Wants LNG Bunkering Options

Singapore's Maritime Port Authority is seeking proposals on liquefied natural gas bunker supplies as it shifts away from fossil fuels towards gas while trying to maintain its role as the world's top bunkering hub. The move to issue bunker supplier licences to the gas sector complements the


Diana Containerships Sells Panamax Ship

Diana Containerships Inc. sells Panamax containership, the m/v Cap Domingo   Diana Containerships Inc. today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2001-built vessel m/v Cap Domingo


Temasek to Sell Neptune Orient Lines

Singapore state investment company Temasek Holdings has put up its struggling $1.7 billion shipping company for sale, the Wall Street Journal reported, citing people familiar with the matter. Neptune Orient Lines Ltd (NOL), 65 percent-owned by Temasek


$1.7 billion NOL Up for Sale. Will Hapag-Lloyd Buy?

Photo: NOL Group

 Singapore Sovereign Wealth Fund Temasek Holdings has put Neptune Orient Lines (NOL) up for sale, says a Wall Street Journal (WSJ) report.   The WSJ reported that Temasek was in talks with one buyer in recent months but the two sides could not agree on a price for the loss-making


Hiab Appoints Jansson-Kiuru as VP-Human Resources

Ghita Jansson-Kiuru

  Hiab, part of Cargotec, has appointed Ghita Jansson-Kiuru as Vice President, Human Resources. She will be responsible for Hiab's global human resources strategy and development.   The starting date is open until her succession is in place, however


BW Group Buys Dorian Stake

Photo: Scorpio Tankers Inc.

 Scorpio Tankers Inc has agreed to sell its 6 million common shares of Dorian LPG Ltd to BW Euroholdings Limited, a wholly owned subsidiary of BW Group Limited, for a purchase price of $15.34 per share.    The shares will be sold pursuant to an effective resale registration


Market Rife Merger Talk, NOL Says Not Yet

Image: Neptune Orient Lines (NOL)

 As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates.  


Golar Acquires Financing for GoFLNG

Golar LNG

  Golar LNG Limited announced today that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd ("CSSCL") in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli.


French Ferry Workers Blockade Channel Tunnel

Protesting ferry workers temporarily blocked French road access to the undersea rail tunnel linking France to Britain on Tuesday, a Eurotunnel spokesman said. Employees of the Eurotunnel-owned MyFerryLink service - whose ferries the company plans to sell - brought traffic in the tunnel to a


Golar Receives Financing Commitment for GoFLNG Hilli

Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli, the company announced today.  


Senate Transport Bill Eyes Crude Sale from US Petroleum Reserve

The U.S. Senate's new transportation funding bill proposes the sale of 101 million barrels of crude oil from the government's Strategic Petroleum Reserve in the fiscal 2018-2025 period, collecting $9 billion to fund road and rail projects.  


Eurostar Breaks Passenger Growth Record, Despite Calais Strike

Photo: Eurostar International Limited

 Channel Tunnel rail operator Eurostar has reported record quarterly passenger numbers despite the disruption caused by strikes in Calais.   Around 2.8 million passengers travelled on the high-speed service in the second quarter of this year, an increase of 3 per cent on last year.


Goldenport Sells Thira

Goldenport Sells Container Vessel Thira

  Goldenport Holdings Inc.  the international shipping company that owns and operates a fleet of dry bulk and container  vessels, announces today the sale of a container vessel, 'Thira'.   The Company has agreed the sale of the 1997 built container vessel to an unaffiliated






 
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