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October 31, 2014 4:23 PM ET

U.S. Drillers Cut Rigs to Lowest since August

Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive, data showed on Friday. The number of rigs drilling for oil fell by 13 to 1,

October 31, 2014 2:46 PM ET

Italy Ending Med Sea Rescues

Rights groups warn of risk of more deaths; EU mission Triton will have more limited scope. Italy said on Friday it would close a sea rescue mission that has saved the lives of more than 100,000 migrants from Africa and the Middle East, a move one

October 31, 2014 2:08 PM ET

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite approvals of its exhaust gas scrubbing systems installed on its Equinox Class of vessels.   The scrubber units,

October 31, 2014 11:57 AM ET

Wärtsilä, Diesel United Renew Pact

Wärtsilä and Diesel United Ltd in Japan have signed a ten-year renewal of their co-operation agreement for the sale, manufacturing and servicing of Wärtsilä low-speed marine engines.   Diesel United is a long-standing member of the Wärtsilä family of low-speed engine licensees.

October 31, 2014 10:48 AM ET

MARAD Tests Alternative Power for Ships

The Maritime Administration (MARAD) is testing state-of-the-art, environmentally efficient technology onboard the Training Ship (TS) Kennedy.   The National Defense Reserve Fleet vessel was provided to the Massachusetts Maritime Academy by MARAD for Cadet training.

October 31, 2014 10:45 AM ET

St. Lawrence Seaway Workers Extend Strike Deadline

The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.m. ET/2200 GMT. A strike would close the key shipping route. Five locals of Unifor,

October 31, 2014 10:27 AM ET

Delta "T" Hooks for Offshore Customer

Gaining further ground into the offshore crane market, Delta "T" Systems supplied Cranston Eagle hooks to crane manufacturer Appleton Marine, Inc.   These cranes and hooks will be used on medium endurance cutters and national security cutters to move

October 31, 2014 10:26 AM ET

DNV GL Approvals for SAACKE Scrubbers

Classification increases planning certainty for exhaust gas scrubber operators.   The classification society DNV GL has certified the SAACKE exhaust gas scrubber based on soot separation using a dry process. This ensures that the innovative system,

October 31, 2014 10:08 AM ET

St. Lawrence Seaway Workers Extend Strike Deadline

The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.m. ET/2200 GMT. A strike would close the key shipping route. Five locals of Unifor,

October 31, 2014 9:30 AM ET

New Functionality in WatchMate Vision

Vesper Marine has announced updates to its WatchMate Vision and XB-8000 product lines.   Now, in addition to transmitting and receiving position, course, speed and vessel details for collision avoidance, both devices feature high-speed 5Hz GPS receivers

October 31, 2014 9:18 AM ET

Schottel Optimizes Training With Simulator

Since autumn 2014 customers can exercise their handling and knowledge of SCHOTTEL propulsion systems in the SCHOTTEL Academy by using a training simulator.   Academy participants are seated as if on the bridge of a real vessel and learn how to deal

October 31, 2014 9:05 AM ET

Arctic Oil: Bourbon to Enter Arctic Market in 2016

Bourbon plans to enter the growing Arctic Offshore market in 2016 with a new Anchor Handling Tug Supply (AHTS) vessel built by the Vard shipyard. This AHTS (Anchor Handling Tug Supply) was specially designed for operations in polar waters, and more specifically in arctic zones,

October 31, 2014 8:58 AM ET

Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. (MHI) announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for the first half (1H) of the current fiscal year (FY) 2014 (ending March 31, 2015).

October 31, 2014 8:54 AM ET

Libyan Government: Ports, Oil Fields Safe

Libyan oil ports and fields are safe and under government control, the country's interior minister said on Friday after visting the eastern Brega port. "This visit is a message to the world and Libya that the Libyan state is controlling the oilfelds and ports,

October 31, 2014 8:42 AM ET

Total CEO: EU Must Fight US Crude Export Law

First major public appearance of new Total head; he challenges European politicians to fight US ban. The new head of French energy major Total challenged Europe to fight Washington over the U.S. oil export ban, in his first public appearance since

October 31, 2014 8:31 AM ET

Ship Emissions: Chevron Lube Gains Key Approval

A new Chevron Marine Lubricants 100 BN cylinder oil, which is designed to offer ship owners the ability to achieve the latest emissions legislation, has received full sign off from a key engine maker.  Chevron Marine Products LLC launched its Taro Special HT 100 lubricant earlier this year.

October 31, 2014 8:27 AM ET

Asia-Euro Box Rates Jump 88 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 88.2 percent to $1,312 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.

October 31, 2014 7:58 AM ET

Somali Pirates free Indian Sailors after 4 Years

Somali pirates have freed seven Indian sailors detained for close to four years in exchange for an undisclosed ransom, Somali officials and a maritime monitoring group said on Friday. At one time the pirates made millions of dollars in ransoms from

October 31, 2014 1:41 AM ET

USCG Cutter Diligence Returns

  The crew of Coast Guard Cutter Diligence returned to Wilmington following a 45-day patrol in the Caribbean Sea. While on patrol, Diligence served as the operational commander for all Coast Guard assets supporting Operation Southeast Watch in the Windward Pass between Cuba and Haiti.

October 31, 2014 1:33 AM ET

Southern California Port Congestion

  Hapag-Lloyd informs about the congestion at the ports of Los Angeles and Long Beach that has reached a critical point. I. Several container ships are anchoring off the harbor and waiting in line to berth. Now Vessels are also being delayed due to ongoing congestion.



 
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