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Marine Technologry Reporter
Friday, May 10, 2013
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People & Company News

Kirby Reports Record Earnings

Kirby Corporation announced record net earnings of $68.1 million, or $1.19 per share, for the fourth quarter 2014 (ended December 31). The results bested 2013’s fourth quarter figures of $64.

Reftrade Upgrades Fleet Refrigeration Systems

Reftrade UK  has made an investment  to upgrade its fleet with environmentally friendly technology. The world’s first refrigeration system to use CO2 as a natural refrigerant,

ClassNK Reports Record 2014

Announcing its registration totals for 2014, ClassNK said 833 new vessels with a combined total of 21,466,272 gt joined its register over the course of the year,

Dredging

Dutch Partners to Build Artificial Island off Indonesia

Joint venture partners Royal Boskalis Westminster N.V. and Van Oord have been contracted by PT Muara Wisesa Samudra to design and construct an artificial island

Study Examines Impacts of Inland Waterway Investment

The National Waterways Foundation (NWF) has commissioned and released a two-year study to examine the U.S. inland waterways’ national economic return on investment

Australia Bans Waste Dumping on Barrier Reef

Australia has ordered a ban on dumping dredge waste on most of the Great Barrier Reef, the environment minister Greg Hunt stated, as part of a push to cease the UN declaring the website in danger.

People in the News

Bill Proposed to Repay WWII Merchant Mariners

Congresswoman Janice Hahn (Calif.) and Congressman John Duncan Jr. (Tenn.) introduced the “Honoring Our WWII Merchant Mariners Act of 2015,” which would provide

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

Dozens Missing off Bangladesh after Boat Sinks

About 40 illegal migrants heading from Bangladesh to Malaysia to look for work were missing on Thursday after their boat sank, police said. A steady stream of

Subsea Defense

India Seeks Submarine Cooperation with Japan

The government of India has put forward a proposal of over Rs 50,000 crore ($6 billion) project to construct six stealth submarines in India. India is especially

Indonesia Joins Spain, Italy in Maritime Development Plan

Indonesia to have full cooperation in maritime infrastructure development from European countries Spain and Italy, says a report in Jakarta Post.  Spanish Ambassador

HII Creates Nuclear Services Company SN3

Combining Huntington Ingalls Industries’ (HII) S.M. Stoller Corp. and Newport News Nuclear subsidiaries, the company has created Stoller Newport News Nuclear (SN3),

Subsea Salvage

Indonesia Joins Spain, Italy in Maritime Development Plan

Indonesia to have full cooperation in maritime infrastructure development from European countries Spain and Italy, says a report in Jakarta Post.  Spanish Ambassador

Fugitive Treasure Hunter Arrested in Florida

An Ohio man who recovered as much as $400 million in gold from a shipwreck has been arrested in Florida after two years on the run and was scheduled to appear in federal court on Wednesday.

ASA Mission Statement Revised to Expand Reach

The American Salvage Association has revised its mission statement to increase its area of influence beyond North America, complemented by a new logo that reflects the expanded direction.

 
 
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