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. 5.4.2 and the Transas ship handling simulator Navi-Trainer Professional 3000. The configuration of the ship handling simulator is a multi-task CBT solution comprising ARPA/radar, visualization/conning and ECDIS workstations. Eastwind Shipmanagement Pte Ltd is a Japan – USA joint venture that operates over 100 vessels. The company is based in Singapore and is active in providing technical and management support to its vessels. The establishment of a training center in Myanmar fitted with modern simulation equipment from Transas will give Eastwind the advantage of being able to train local crews to the latest international standards right on the spot.
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
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 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
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
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.
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.
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
Caterpillar Inc. announces strong improvement in its Third-Quarter 2012 results, but outlook not so bright. Caterpillar Inc. announce third-quarter 2012 sales and revenues of $16.445 billion, a 5-percent increase from third-quarter 2011 sales and revenues of $15.716 billion. “Last quarter and then again a month ago at MINExpo, we discussed economic and geopolitical headwinds facing the world, and we are certainly continuing to see the impact of those uncertainties in
The Maritime Administration has approved the sale and transfer of a vessel under section 9 of the Shipping Act, of 1916, as amended. MarAd has approved an application to sale Eastern Overseas, Inc., of Davenport, Florida for the sale of the ARGONAUT, Official No. 601377. The freight ship was sold to Maritime Delivery Inc., a British Virgin Island corporation, for scrapping in China.
Kobelt announced today the hiring of Lance Lidstone and Sylvain Robitaille as Business Development Managers. Both will report directly to David Bockhold, CEO, and will be responsible for business development in the controls and steering sectors worldwide.
MAN Diesel & Turbo North America President, Robert Burger has appointed David Antoniazzi as Director Sales – Cruise, Ferry and Merchant. In his new capacity, he is responsible for promoting and selling MAN Medium Speed Engines and aft ship products in North America.
A changing tax landscape doesn’t have to mean bad news – at least not just yet. A Changing Landscape Historically, bonus depreciation has had a significant effect on construction of new vessels, allowing businesses to initially expense 30 percent
Richard A. Mueller named John P. Dooley President of Choice Ballast Solutions, LLC. Working in close cooperation with ballast water systems suppliers and vessel owners, Dooley will be responsible for the overall management of the Choice commercial marine business activities
Hutton’s Group, a ship supplier in the U.K., reported sales of bottled water are up 30% on last year’s figures. The Hull-based supplier to the international shipping industry said it sold almost 40,000 large bottles of still water and nearly 20,000 small bottles this January alone
Brunswick Marine announced an extended warranty on Mariner and Mercury outboard engines for commercial and governmental applications. The new two-year/1,000hrs*, limited warranty, effective January 1, 2014, covers the following engine ranges:
W&O, a global supplier to the marine and marine offshore markets for pipe, valves and fittings, valve automation and engineered solutions, announced the expansion of its Engineered Solutions team. John Catanzaro and Marc Lagattuta have joined W&O to provide its customers and OEM partners
Schottel Inc. of Houma, Louisiana , announced that Hank Morgan has been promoted to Vice President, Sales and Service, and James Fremin has been promoted to Vice President, Finance. Schottel said it has seen a strong growth in the North American market place over the last 10 years and has
Swissco Group expanding upstream into the offshore rig chartering business with the acquisition of Scott and English Energy. Scott and English Energy is in the business of owning and leasing mobile offshore drilling units and service rigs to support major oil and gas corporations in
Shares rise 4.6 percent to top TecDAX. German wind turbine maker Nordex on Friday said it had swung to an operating profit last year, boosted by stronger demand in its core European market as well as cost cuts after shutting down production in China and the United States.
Singapore's Swiber Holdings, a construction and support services provider to the offshore oil and gas industry, reported that it has achieved record revenue and net profit for the second consecutive year-running for the full year ended December 31, 2013.
By Ayesha Rascoe, Reuters The Obama administration on Thursday laid out a framework for assessing the amount of crude off the Atlantic coast, another step toward possibly allowing oil production in an area that has been out of reach for decades.
Troy Container Line Ltd., one of the largest American-owned NVOCCs, today announced the promotion of Leeanne O’Reilly to Export Supervisor at Troy Container Line. Based in the company’s Red Bank, N.J. office, O’Reilly will oversee the unification of the FCL and LCL Export
Western Refining Inc reported a fourth-quarter loss as the cost of the crude oil it processes rose from the year-earlier period when they posted a profit. The U.S. refiner reported a net loss of $7.3 million, or 9 cents per share, in the quarter ended Dec. 31, compared with a net income of $207
By Jeb Blount, Reuters Brazil's state-run oil company Petrobras moved to check years of missed targets, soaring costs and rising debt by scaling back near-term investments and setting a limit on long-term growth. Petroleo Brasileiro SA, as Petrobras is formally known