Teekay Tankers Post Loss in Q2 2012
Teekay Tankers Ltd. reports results for the three months ended June 30, 2012, pays out reduced dividend compared to Q1. In June 2012, Teekay Tankers completed the…
Chinese Icebreaker Transits Northern Sea Route
The icebreaker 'Xuelong' made the Arctic Ocean passage from China through to Norwegian waters. The Chinese icebreaker completed the Arctic North-East Passage marking the first such voyage by a Chinese vessel and opening an Arctic route connecting the Pacific and the Atlantic for future Chinese science expeditions. In completing the voyage, the icebreaker Xuelong or Snow Dragon channeled through five marginal seas of the Arctic Ocean: the Chukchi Sea…
Tognum Secures Long-term Financing
Tognum has recently concluded an agreement with a bank consortium for a revolving credit line of €300 million. The credit line has a term of five years. In addition to Commerzbank as the coordinator…
Somali Pirates Jailed by Kenyan Court
Seven Somali's found guilty of piracy against a French fishing vessel, sentenced to 20 years. Following a terrifying attack against the MV Captain St. Vincent in October 2009 the pirates, operating in 2 attack skiffs, were located by a EU an Naval Force (EU NAVFOR) warship that was conducting counter-piracy patrols nearby. A boarding team from the warship detained the suspect pirates, and they were subsequently transferred to Kenya for trial.
US Flagged Heavy Lift Ship Makes Inaugural Homeport Debut
Maersk Line's 'Maersk Illinois' makes her first homeport call in Norfolk, Virginia. The call in Norfolk affirmed the value of the Maersk-Rickmers heavy-lift service and brought together customers and constituents who rely on and support U.S. flag shipping. In May 2012, Congress reauthorized the Export-Import Banks charter to finance American exports and in doing so upheld U.S. cargo preference laws.
'Survival Craft Inspectorate' Signs Middle East Agreement
UK-based 'Survival Craft Inspectorate' signs deal to provide for Qatar's onshore & offshore energy sector LS equipment needs. Survival Craft Inspectorate has signed an agreement that will see it establish an operational presence in the Middle East for the first time. The UK-based business has established formal links with Qatar-based IRM Offshore Services in the latest extension of its network of international bases.
Air-independent Underwater System Demonstration
ONR selects Hamilton Sundstrand for demonstration of energy-dense PEMFC based air-independent propulsion system. UTC Aerospace Systems' legacy Hamilton Sundstrand…
Latest Dredging Solutions by IHC Merwede
IHC Merwede to showcase its dredging, wet mining, and special purpose ships at forthcoming SMM 2012, Hamburg, Expo. A number of impressive scale models will demonstrate the wide range of innovative vessels engineered and manufactured by IHC Merwede. Vessels such as the custom-built trailing suction hopper dredger CONGO RIVER; the self-propelled cutter suction dredger ATHENA; the pipelaying vessel SEVEN PACIFIC; and the well intervention vessel WELL ENHANCER.
Electric Boat Awarded US$16-million U.S. Navy Contract
U.S. Navy awards Electric Boat a contract for nuclear-maintenance work for submarines homeported at Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics.
Arctic Oil Spill Contingency Plan Devised by Students
DNV’s summer students present results of work to develop a realistic concept for a year-round Arctic oil spill response system. The Norwegian students' project included requirements for people, vessels and equipment. DNV’s summer project is an annual programme organised during the summer months for students in their final year of a master’s degree programme. This year, ten students with varied cultural and academic backgrounds worked intensely on their project for seven weeks.
Subsea Operators 'Deep Down' Posts Profit in Q2 2012
Modified EBITDA increases 86% to $1.4 million in latest Deep Down Inc. financial report. Deep Down, Inc., an oilfield services company specializing in products…
Manhunt for Ship Captain Condemned by Whale Watch
Whale Watch Alaska condemns manhunt for 'Sea Shepherd' captain. In light of the news late last month that Sea Shepherd’s founder, Captain Paul Watson, had forfeited his bail after being held under house arrest for 70 days in Germany, WWA made the decision today to publicly back the beleaguered captain. It is a controversial position to take for for any business, politician or celebrity (which include…
Rena Salvors Start Cutting Out Bow Internals
US salvage company Resolve has taken over the salvage contract of the wreck on the Astrolabe Reef, New Zealand. The salvors have started cutting up internal sections…
Far North Deployment for Coast Guard Cutter
US Coast Guard Cutter Juniper deploys to far Arctic region for joint operations. The Newport, R.I., based Coast Guard Cutter Juniper is deploying to the Arctic to conduct maritime safety and security exchanges with the Canadian navy and coast guard along with elements of the Danish navy. During the deployment, Juniper will participate in various elements of Operation Nanook. The operation is in the…
Britain's Oldest Shipping Firm in Liquidation
UK-based Stephenson Clarke Shipping goes into liquidation after nearly 300 years trading. Stephenson Clarke Shipping Ltd is the oldest British shipping company.
China Launch Passenger RoRo Ship with Military Capability
China's largest RoRo 'Bohai Emerald Bead' with the longest reach leaves Yantai Port in East China. Different from ordinary ships, the 36,000 displacement civilian…
Port of Refuge Still Denied MSC Flaminia
Ship operator's latest report says fire remains under control although hotspots still exist. The ship's geographical situation remains unchanged, some 200 miles off the nearest land.
Bollinger Names Bowen VP Government Relations
Bollinger announces the appointment of Charles "Skip" Bowen as Vice President Government Relations. Mr. Bowen joined Bollinger in April 2011 as Program Manager for the FRC “Sentinel” Class Patrol Boat building program at Bollinger’s Lockport facility, following a very successful 32 year career with the United States Coast Guard, culminating with the rank of Master Chief Petty Officer of the Coast Guard, from 2006 to 2010.
Over 200 Feet, Over 10,000 HP: McCall Builds Bigger
The US and global offshore industry are in the habit of watching what SEACOR Marine is building as this will invariably predict future goals for the industry. Just…
Coalition for Responsible Transportation Honors TOTE
The Coalition for Responsible Transportation (CRT) today commended one of its members, Totem Ocean Trailer Express (TOTE), for becoming the first container shipping…