Douglas-Westwood Warns Congress on Chinese Oil & Gas Demand
In evidence to the US House of Representatives Subcommittee on Energy and Power’s hearing, April 4th, regarding the “The American Energy Initiative”, Douglas-Westwood LLP’s Managing Director, Steve Kopits, gave dire warnings about the likely development of China’s future energy demand. “China’s oil demand will likely keep pressure on oil prices for the indefinite future,” said Kopits. “China consumes 10 million barrels of oil per day (mbpd) on global consumption of about 88 mbpd.
WHOI-led Team Locates Air France Wreckage
A search team led by the Woods Hole Oceanographic Institution (WHOI) has located the wreckage of Air France Flight 447 some 3,900 meters, or nearly 2.5 miles, below the surface of the Atlantic Ocean off Brazil’s northeastern coast. The team left the port of Suape, Brazil, aboard the vessel Alucia on March 22, arriving at the search site on March 25. After one week of searching, one of the mission’s three autonomous underwater vehicles (AUVs), the REMUS 6000s, detected debris on the seafloor.
Diana Shipping Inc. Announces Time Charter Contract
ATHENS, Greece, April 5, 2011 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Hyundai Merchant Marine Co., Ltd., Seoul, South Korea for one of its Panamax dry bulk carriers, the m/v Danae, at a gross charter rate of US$15,600 per day, minus a 5% commission paid to third parties…
APL To Train 20 Sri Lankan Seafarers Annually
COLOMBO, SRI LANKA, 5 APRIL, 2011: APL has agreed with Sri Lanka Port Authority’s Mahapola Training Institute to train 20 new seafarers from the Institute annually onboard its ships. The agreement was signed today by APL President Eng Aik Meng, the Sri Lanka Ports Authority and the Directorate General for Merchant Shipping. “This initiative demonstrates APL’s commitment to the Sri Lankan maritime community,” said APL President, Eng Aik Meng.
SpecTec Announces The New Contract with Oceanex
SpecTec is happy to announce a new contract signed with Oceanex Inc for the implementation of AMOS2 Staff Management for crewing services. As part of this project, SpecTec will implement the AMOS2 Crewing Database and configure the system identically to the existing AMOS2 Staff Management database currently being used by Oceanex Inc. both onshore and onboard the company’s three vessels, M/V Oceanex Avalon, M/V Cabot and M/V Oceanex Sanderling.
NOAA Announces New Members of The Hydrographic Services Review Panel
NOAA Administrator Jane Lubchenco recently appointed nine new members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for improving ocean and coastal navigation products, information, data and services. “Optimizing the benefits of navigation services and products is a priority for the agency,” said Margaret Spring, chief of staff for NOAA and the agency’s representative to the Committee on the Marine Transportation System (CMTS).
ABS and Lloyd’s Register Release Common Software
(Houston and London) ABS and Lloyd’s Register (LR) announce the release of jointly-developed software that will be used to assess bulk carriers and oil tankers designed to comply with IACS Common Structural Rules (CSR). The common software draws upon the technical strengths of ABS and Lloyd's Register and will be used to evaluate new designs presented to either society. Recognizing the strengths of their collaborative efforts and to demonstrate commitment for consistency…
This Day in U.S. Coast Guard History - April 6
1894- President authorized the Revenue Cutter Service to enforce the Paris Award, which was concerned with the preservation of fur seals in Alaska. 1917- The United…
This Day in U.S. Naval History - April 6
1909 - Commander Robert E. 1917 - U.S. 1945 - First heavy kamikaze attack on ships at Okinawa. 1961 - USS Lake Champlain brings oxygen to aid stricken passenger of British liner Queen of Bermuda.
Bellingham Marine New Zealand Celebrates 25 Years
Bellingham Marine New Zealand and its employees are celebrating 25 years of operation this year during its silver anniversary. Although much has changed since its first marina project in 1985…
Seventh Session of Deepwater Joint Investigation Concludes First Day
The Deepwater Horizon joint investigation board concluded April 4 the first day of its seventh session of hearings examining the circumstances surrounding the loss of 11 lives…
OMB: Inspection of Towing Vessels
The proposed rule for Inspection of Towing Vessels has (finally) been submitted to the Office of Management and Budget (OMB) for review. This rulemaking would implement…
Crowley Reestablishes Second Weekly Sailing to Haiti
To better meet the needs of customers shipping to Haiti from the Dominican Republic and South Florida, Crowley Maritime Corp. has enhanced its liner container shipping…
Danaos Completes Comprehensive Financing Plan
Danaos Corporation (NYSE: DAC), international owner of containerships, announced the formal completion of its previously announced Comprehensive Financing Plan,…
Coast Guard Foundation Hosts Guardian of the Heartlands Awards
The Coast Guard Foundation, a non-profit organization, announced that its Annual Tribute to the United States Coast Guard (USCG) Eighth District, The Guardian of the Heartland Dinner, will take place on Friday, April 15, 2011. The event will honor several aircrews from Air Station New Orleans, and Aviation Training Center Mobile for their actions during the explosion and fire aboard the Deepwater Horizon on April 20, 2010.
Mid Ocean Tanker Contracts with BAE Systems to Launch Tanker
Mid Ocean Tanker Company, a joint venture of private equity firm Alterna Capital Partners and Mid Ocean Marine, has contracted with BAE Systems Southeast Shipyards in Mobile, Ala. for work required to launch MOTC’s 49,000dwt US Flag/Jones Act product-chemical tanker MV American Phoenix. MOTC acquired the vessel from the estate of American Heavy Lift in February of this year, and intends to complete it for service in US coastwise trade by late 2011 or early 2012.
New Travelift Hoist for Gold Coast City Marina
Gold Coast City Marina in Queensland, Australia accommodates superyachts seeking refits, blasting, paintwork and maintenance and features superyacht facilities, marina berths, dry storage, boat sales and brokerage. To maintain its economic growth and development, the company decided to replace its existing eight-year-old 40-ton unit that needed an extensive overhaul with a new Marine Travelift 50 BFMII boat hoist.
National Maritime Day of India - 5 April
April 5 marks the National Maritime Day of India. On this day in 1919 navigation history was created when SS Loyalty, the first ship of the Scindia Steam Navigation Company…
Proposed Demerger of Aker Solutions
6 April 2011 - In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA ("Aker Solutions") has resolved to propose to the shareholders of Aker Solutions that Aker Solutions is to be demerged. • The Aker Solutions group's activities relating to its EPC Centre Houston and the union construction businesses in the United States and Canada. Upon completion of the demerger…
EU NAVFOR Disrupts Another Suspected Pirate Action Group
During the early morning of April 6, the EU NAVFOR Finnish warship FNS PohjanMAA identified a suspected Pirate Action Group (PAG) consisting of a dhow and two attack skiffs approximately 250 NM South East of Salalah, Oman. The PAG is believed to have been responsible for an unsuccessful attack on a merchant vessel in the area the day before. When Pohjanmaa approached the PAG, the dhow tried to flee the scene and the suspected pirates were observed throwing equipment overboard.