GAO Compares Costs of Freight Shipment Modes
The Government Accountability Office (GAO) issued its report comparing the costs of road, rail, and waterways freight shipments that are absorbed by the government and not passed on to consumers.
USCG Seeks Members for NOSAC
The US Coast Guard seeks applications for membership on the National Offshore Safety Advisory Committee (NOSAC). Applications should be submitted by April 18. 76 Fed. Reg. 11503 (March 2, 2011).
Palfinger Crane Onboard Allure of the Seas
The Allure of the Seas is the second and latest ship in the Oasis class. On 16 decks it has space for more than 5,400 passengers and 2,100 crew. A Palfinger PK 150002 marine crane is used for transporting and planting trees onboard the ocean giant. The American shipping company Royal Caribbean Cruises and the South Korean STX Group signed the contract for the construction of the sister ship to the Oasis of the Seas in 2007.
Containership Giant Calls Hamburg on Maiden Voyage
On February 23 2011, the container vessel CSCL Star called the port of Hamburg on her maiden voyage in their Far East liner service Asia-Europe Express-1/China-Europe…
DNV Issues Guidance on Offshore Gas Terminals
According to Conn Fagan, DNV’s Business development manager for offshore gas projects, the FLNG segment is developing rapidly. “A number of FSRUs (floating storage…
OGX Discovery Offshore Brazil
Brazilian oil and gas firm OGX Petroleo e Gas Participacoes has discovered hydrocarbons in the Albian and Aptian sections of the 1-OGX-31-RJS well in the Campos basin, offshore Brazil.
W&T Offshore's Mature Assets Dry up
According to a March 2 report from Reuters, Gulf of Mexico-focused oil and natural gas company W&T Offshore Inc. forecast weak production in 2011 as most of its…
Indonesia Cabotage Rule May Lower Offshore Production
According to a report from Bloomberg, Indonesia’s offshore oil and gas output may drop as production and shipment of the fuels using foreign-owned vessels will be…
This Day in U.S. Coast Guard History - March 3
1819- Congress authorized the revenue cutters to protect merchant vessels of United States against piracy and to seize vessels engaged in slave trade. The cutters…
This Day in U.S. Naval History - March 3
1776 - First amphibious landing operation. Continental naval squadron under Commodore Esek Hopkins lands Sailors and Marines, commanded by Captain Samuel Nicholas…
Wilhelmsen Ships Service Provides Better Facilities For Customers In Varna, Bulgaria
Wilhelmsen Ships Service Bulgaria has relocated its Varna, Bulgaria office to upgraded premises, reflecting the growth of business for the company in the region. Wilhelmsen Ships Service Bulgaria was established in December 2008 as a 100% owned company of Barwil Agencies Oslo, successor of the previous joint-venture in Bulgaria, Barwil Unimasters Ltd, which had operated in Bulgaria since 1995. Bistra Georgieva, General Manager for Wilhelmsen Ships Service in Bulgaria, commented on the move.
ATLAS North America Founded
Norfolk/Bremen – The Atlas Elektronik Group, a worldwide acting company for maritime defense electronics, has founded a subsidiary in North America. Atlas North America (Atlas NA) has been set up to establish a strong and reliable partnership with the US Navy and US authorities. As potential main contractor Atlas NA will provide Atlas products and solutions for current or future US users. This is an important step within the globalization strategy of the company…
Call For Entries For Clean Ship Award and Next Generation Ship Award
Nor-Shipping announces the call for entries for the Nor-Shipping Awards 2011, which are the Clean Ship Award and the Next Generation Ship Award. The deadline for submissions is April 1, 2011. The Clean Ship Award pays tribute to the ship that has contributed to the greatest reduction of emissions to air or discharges to sea in relation to its function and operation. Only ships delivered after the previous Nor-Shipping in June 2009 are eligible.
CHEMOIL ANNOUNCES NEW MANAGEMENT TEAM
SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI) announced today that as part of its efforts to build upon the company’s strengths and expand its business reach, it has promoted various Chemoil veterans and brought in experienced top talent to help lead the company towards sustainable growth. Tom Reilly, who was appointed Chemoil’s new CEO in January 2011, said “Chemoil is entering the next phase of…
Wärtsilä Receives Order For Gas Engines and Equipment to Viking Line's New Environmentally Sound Passenger Ferry
Wärtsilä, the marine industry's leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for Viking Line, a Finnish ship owner. The vessel will be the largest passenger ferry to operate on liquefied natural gas (LNG), making it the most environmentally sound and energy efficient large passenger vessel in the industry to date.
Transocean Ltd. Board Nominates New Director
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that the Board of Directors is recommending that the company's shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is the retired Group Finance Director of National Grid plc and has previously served in a variety of finance roles with the Lattice Group plc., the BG Group plc and Royal Dutch/Shell. -- The re-election of Ian C. Strachan and Martin B.
OW BUNKER APPOINTS NEW REGIONAL MANAGER
OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced that Jesper Jervild has been appointed to the position of Regional Manager for the Middle East and South Africa. In his new role, Jervild is based in Dubai and is responsible for all of OW Bunker’s activities in this region. Jesper Jervild has been promoted from the position of Branch Manager of OW Bunker South Africa (Pty) Ltd, based in Cape Town, where he has spent the past four years.
VARNA Products Works with Cummins Power Generation on Blackstart Prelube
Cameron Park, Ca….VARNA Products, manufacturer of industrial and marine oil and fuel oil pumps and turnkey control solutions is working with Cummins Power Generation to provide Turnkey DC Blackstart Prelube Systems for some QSK60L and QSV91L critical power generator sets. VARNA Prelube Pumps Minimize Engine Wear at Cranking and Help Ensure Generators Start. The highest engine wear rate occurs during startup. The longer the period between engine starts, the more engine damage that occurs.
AXI To Display at the GlobalSpec Power Generation and Distribution Equipment Virtual Trade Show
Algae-X International (AXI) will display a complete line of Diesel Fuel Filtration and Optimization Systems and Mobile Tank Cleaning Systems at GlobalSpec’s Power Generation Virtual Trade Show on March 9, 2011. GlobalSpec’s Power Generation and Distribution Equipment virtual online event will provide registered attendees with an understanding of the latest developments and trends that are impacting the Power Generation Industry.
JPMorgan Chase Analysts Lower Price Target on Teekay
According to a report from American Banking and Market News, equities research analysts at JPMorgan Chase & Co. (NYSE: JPM) lowered their price target on shares of Teekay Tankers Ltd.