U.S. Invests $62-million in Biofuels Development
The Obama administration said a key part of the spending was $30 million in federal funding being made available to quicken the development of biofuels to replace…
COSCO Zhoushan Shipyard Delivers Another Bulk Carrier
COSCO Corporation (Singapore) Limited announces that COSCO (Zhoushan) Shipyard Co., Ltd ("COSCO Zhoushan"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co.…
Korean Shipbuilders' Orders Halved
According to a 'Yonhap News Agency' report, the country's three biggest shipbuilders -- Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co.
This Day in Naval History - July 02
1923 - Commissioning of Naval Research Laboratory, Washington, D.C. 1926 - Distinguished Flying Cross authorized by Congress. 1937 - Amelia Earhart disappears in Pacific.
Dynamic Positioning in Ice Research Project Gets Green Light
Kongsberg Maritime DP and simulation systems provide foundation for improving ice operations. The final piece of a CAD $8.5 million research project to improve DP…
Marine Resources Group Becomes Foss Marine Holdings
Largest US tug and barge holding company unites family of companies under single powerful brand. America's largest coastal tug and barge operator is taking a new - but widely recognized - name: Foss Marine Holdings, Inc. Company officials announced today that Marine Resources Group (MRG) is becoming Foss Marine Holdings. The Foss name - which celebrates a rich maritime tradition that includes century…
Ellicott's ROHR Acquires IDRECO Assets
ROHR, an Ellicott Dredge Enterprises, LLC Unit, Acquires IDRECO Sand and Gravel Dredge Design & Manufacturing Operation. Ellicott Dredge Enterprises (EDE) is pleased to announce that its subsidiary Rohr International Dredge Holdings, Inc. acquired the principle business assets of IDRECO GmbH , including its current backlog, inventory and all associated intellectual property (IPR), on June 29, 2012.
Unified Marine Restructures; Strengthens SeaSense Brand
Unified Marine Announces Restructuring of Operations, Including Major Staff Appointments; Moves Designed to Strengthen Leadership of the Company’s SeaSense Brand.
PPG Announces Distribution Agreement with HI-TEMP Coatings
PPG protective and marine coatings business enters multi-year strategic partnership. PPG Industries’ (NYSE:PPG) protective and marine coatings business (PMC) has signed a global distribution agreement with Hi-Temp Coatings Technology Co. for select HI-TEMP(R) branded products. Hi-Temp Coatings Technology manufactures industry-leading coatings that withstand extreme temperatures to protect both carbon steel and stainless steel substrates in stacks, piping, boilers and similar equipment.
ISS: New Regional Team & Ops Division
Inchcape Shipping Services has announced its new regional team for Europe and North Africa following the creation of its new operations division. Reflecting ISS’…
Fendercare to Open Wind Turbine Support Base
On Thursday 19 July 2012, Norfolk-based Fendercare Marine will be hosting a launch event to officially open its Great Yarmouth offshore wind turbine support base. The company’s new facility on the Old Bure Marine site in Cobholm follows on from the success of its first base in Lyness, Orkney and will provide an extensive range of support services & equipment to the expanding offshore wind industry.
TRTH Shipping Operating at Full Capacity
Trai Thien USA (OTC Markets:TRTH) today announced that its six vessels are operating at full shipping capacity. The six vessels realized 26 trips in the first quarter 2012…
Diana Shipping Inc. Announces Time Charter Contract
Diana Shipping Inc. (NYSE:DSX), today announced that it has entered into a time charter contract with EDF Trading Limited, London, through a separate wholly-owned subsidiary…
Significant Gas and Condensate Discovery in the North Sea
Statoil has made a significant gas and condensate discovery in the King Lear prospect in the southern part of the Norwegian North Sea along with its partner Total E&P Norge. Exploration well 2/4-21 drilled by the jack-up rig Maersk Gallant in production licences 146 and 333, has proven a 48-metre gas/condensate column in the main bore 2/4-21 and an additional 70-metre gas/condensate column in the side-track 2/4-21A.
Cargotec Lands a Deal With HCCR in Germany
Cargotec has won an order to deliver eight of its class-leading low emission reachstackers to Hamburger Container-und-Chassis-Reparatur GmbH (HCCR) - the largest…
Volvo Penta Creates the Future Helm Stations
Car drivers start their engines, electrical systems and instruments with the single push of a button. In the boating world it’s not quite that simple – yet. Volvo Penta has started development work for integrated, modularized and more user-friendly helm stations for the boats of tomorrow. Volvo Penta is now presenting the first outlines of how these helm stations will be designed in the future. The development has more and more moved in the direction of the thinking in the automotive industry…
Atlas Signs Agreement With Thunderbird
Atlas has announced a new partnership agreement with Thunderbird business school to become their first global partner in the UK. The Aberdeen-headquartered firm has joined forces with Thunderbird School of Global Management in Glendale, Arizona, globally accredited by AACSB and NCA. This takes Atlas into a new area of Continuing Professional Development with a reputable business school that is well immersed within the global energy sector.
Sea Marshals Expands Operations Center
Sea Marshals has expanded its UK Operations Centre and introduced the latest tracking technology to protect vessels under its protection. The company has transferred its Operations Centre to larger premises in Cardiff to accommodate its growing team of security consultants. The unit is staffed year-round, 24 hours per day, seven days a week, by expert personnel, most with Naval or Army backgrounds and experience in planning and tracking.
AAPA: MAP-21 Passage is Forward Progress
America’s Ports, Freight System Recognized in MAP-21 Surface Transportation Bill Reauthorization. With congressional passage today of MAP-21 (Moving Ahead for Progress in the 21st Century), the American Association of Port Authorities (AAPA) says elements in the two-year, $105 billion surface transportation reauthorization bill elevate the priority of freight movement in a way that constitutes major progress in recognizing the value of America’s seaports and freight network to the economy…
Arctic PSV Launched at Arctech Helsinki Shipyard
Arctech is building the vessels for Russian shipping corporation Sovcomflot to supply the Arkutun-Dagi oil and gas field in the Sakhalin area of Far East Russia. Both vessels for Sovcomflot will be similar measuring 99.9 m in length and 21.7 m in breadth, with engines providing a total power of 18,000 kW and a propulsion power of 13,000 kW. The vessels have been designed for extreme environmental conditions…