Samson Rope, SWOS Team for Heavy Lift
Samson high-performance synthetic slings helped Technip install subsea hardware at Petrobras’ Cascade & Chinook project. Installing two pumping stations and two manifolds at Petrobras’s Cascade and Chinook fields in the Gulf of Mexico at depths in excess of 2,500m was accomplished with a “wet handshake” and the assistance of Samson’s AmSteel-Blue fabricated into lifting slings for the operation. Technip was the contractor…
Middle East Turmoil and U.S. Economic Sanctions and Export Controls
The primary focus of last year’s annual update, which appeared in the April 2010 issue, was U.S. efforts to tighten economic sanctions against Iran. The last several…
Are Weapons the Answer to Counter Piracy?
This article is intended to help inform the debate on the use of arms, in particular, armed Sea Marshals, in the protection of vessels conducting commercial business. At the outset AKE acknowledges an interest through its support to GAC Solutions in the provision of maritime security services and support to maritime clients. This paper provides objective analysis of the situation confronting the maritime industry in respect of piracy, its growing effect on business, and the arming of ships.
New President of STX Finland
Juha Heikinheimo has resigned from the position as President of STX Finland Oy. He will be replaced by Su-Jou Kim, who currently holds the position as Chairman of STX Finland. Su-Jou Kim will be temporary acting President of STX Finland. Despite significant improvements during the last few months, STX Finland is going through very challenging times - in particular at the Turku shipyard - following the delivery of the "Allure of the Seas" in October 2010.
APM Terminals Expands into Eastern Black Sea Port
APM Terminals Poti in Georgia is Europe’s newest gateway to the Caucasus and Central Asia, projected to be among the pace-setters ineconomic development and trade growth. Poti, Georgia – In line with APM Terminals investment strategy in high growth markets, the company has announced the acquisition of an 80% share in Poti Sea Port, which is located on Georgia’s Black Sea coast. The shares have been bought from Ras Al Khaimah Investment Authority (RAKIA) of the United Arab Emirates.
Simultaneous Stern Tube Seal and Propeller Repair on Vessel
Last week a Hydrex diver/technician team replaced three seals on a 180-meter tanker berthed in New York while concurrently cropping two of its propeller blades to restore balance to the propeller. The team mobilized from the Hydrex office in Tampa together with all the equipment they needed for the operation. In New York an Aegir Marine specialist joined the team at the ship’s location and the team made all necessary preparations to begin the repair.
HSRP to Meet in Honolulu
The Hydrographic Services Review Panel (HSRP) is a Federal Advisory Committee to the National Oceanic and Atmospheric Administration (NOAA) that will convene a Public meeting on May 4-6…
Port of Kiel welcomes “Stena Scandinavica”
Kiel, April 20th, 2011: today’s first call by “Stena Scandinavica” at Kiel’s Schwedenkai Terminal rounds off Stena Line’s new ship generation switch on the Kiel-Gothenburg ferry route. During a reception on board, Kiel Port head Dr Dirk Claus presented the traditional first-call plaque to Captain Jan Sjöström. “We are delighted that as of today the Baltic’s longest and most modern ferries are sailing from Kiel and that all the transport capacity they can offer is now available”…
HATLAPA Supplies Winches to Emergency Tug
HATLAPA is playing an active role in helping to protecting our coastlines. The manufacturer‟s experience in the development and production of steering gear, compressors, deck machinery and offshore winches has led to a 2.5 million Euro order for deck machinery, steering gear and compressors for the Nordic. Initiated by the German Federal Ministry of Transport, the construction of the emergency tug vessel was undertaken by three ship owners in the German Bight – Bugsier…
L-3 Maritime Systems Wins LCS Contract
L-3 Maritime Systems has been awarded a contract from General Dynamics Advanced Information Systems to supply its Seaframe Control System for the next Independence variant Littoral Combat Ship (LCS).
In Rememberance of the Deepwater Horizon Tragedy
In remembrance of the 11 lives lost as a result of the April 20, 2010 explosion aboard the Deepwater Horizon in the Gulf of Mexico: The tragedy forever impacted the lives of the victims families…
Russia's RFC to Buy Up to 6 Shipyards
According to a report from The Economic Times, Russian Financial Corporation (RFC) plans to buy up to six shipyards this year, possibly partly financed through a bond issue…
In Rememberance of the Deepwater Horizon Tragedy
In remembrance of the 11 lives lost as a result of the April 20, 2010 explosion aboard the Deepwater Horizon in the Gulf of Mexico. The tragedy forever impacted the lives of the victims families, friends and coworkers and the entire oil and gas industry in the Gulf.
Silversea To Rename Expedition Ship
(Ft. Lauderdale, FL -- April 20, 2011) Ultra-luxury Silversea Cruises today announced plans to change the name of the Prince Albert II, its expedition ship, to Silver Explorer. The change will occur later this month while the vessel is in dry dock at the Lisnave shipyard in Setubal, Portugal, undergoing routine maintenance prior to commencing a summer program of Northern Europe and Arctic voyages.
Wärtsilä To Deliver New Ship Design for Bumi Armada
Wärtsilä, the marine industry's leading solutions provider, has signed a contract with Nam Cheong Dockyard of Miri, Malaysia, which will build a Wärtsilä Ship Design (WSD) multi-purpose platform supply vessel (MPSV). This WSD 800 MPSV is the first in a new series of Wärtsilä designs being marketed as a total solution, including all relevant systems as well as the ship design. The total solution concept of the WSD 800 MPSV design includes four gensets.
Trico Announces Extension of Exchange Offer and Consent Solicitation
HOUSTON, April 18, 2011 /PRNewswire/ -- Trico Shipping AS (the "Company"), a subsidiary of Trico Marine Services, Inc. (Pink Sheets: TRMAQ) ("Trico Marine"), announced today that it has extended the expiration date of its out-of-court exchange offer (the "Exchange Offer") to the holders ("Noteholders") of its 11 7/8% senior secured notes due 2014 (the "Notes") and the solicitation of consents to the governing indenture (the "Consent Solicitation") to 5:00 p.m. Eastern Time on April 20, 2011.
Hornbeck Offshore Announces Q1 2011
COVINGTON, La., April 21, 2011 /PRNewswire via COMTEX/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it will release its first quarter 2011 financial results at approximately 6:00 a.m. Eastern on Thursday, May 5, 2011. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, May 5, 2011 at 10:00 a.m. Eastern (9:00 a.m. Central). Thursday, May 5, 2011 at 10:00 a.m. Eastern (9:00 a.m.
Navios Maritime Partners Reports Q1 Results
PIRAEUS, GREECE, April 20, 2011 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, today reported its financial results for the first quarter ended March 31, 2011. Ms. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners, stated: "We are pleased to announce a cash distribution of $0.43 per unit. We are also pleased with our recent successful equity offering.
Aegean Announces Expansion Plans in Panama
PIRAEUS, Greece, April 18, 2011 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has been awarded a 20-year concession by the Panamanian Maritime Authority (PMA) to operate onshore storage facilities in the ports of Cristobal and Balboa in Panama on an exclusive basis. The award is subject to the fulfillment of certain conditions by the Company and completion of definitive documentation with the appropriate Panamanian authorities.
This Day in U.S. Naval History - April 21
1861 - USS Saratoga captures slaver, Nightingale. 1898 - U.S. at war against Spain. 1906 - Commander Robert Peary discovered supposed Arctic Continent did not exist.