Greek Container Ship Owner Danaos Still Making Money
Greek container ship owners, Danaos Corp. reports unaudit financial results for the period ended September 30, 2013 for its chartered out container ship fleet. Operating revenues of $148.4 million for the three months ended September 30, 2013 compared to $156.3 million for the three months ended September 30, 2012, a decrease of 5.1%. Operating revenues of $441.1 million for the nine months ended September 30…
Caterpillar Set to Showcase New Pod Propulsion Engine
Caterpillar Marine say they will unveil a significant product milestone at the 2013 Fort Lauderdale International Boat Show, introducing the Cat® Three60 Pod 650, which is specifically designed for the new Cat C8.7 electronically controlled marine propulsion engine. The new Cat Three60 Pod 650 revolutionizes docking and slow-speed maneuvering for diesel-powered yachts. Available in spring 2015, the pod is specifically designed to be remarkably easy for customers to learn…
Port Manatee Official Appointed to NAS Marine Board
Dave Sanford, interim chief of staff at Port Manatee, has been named to the National Academies of Science Marine Board, a Washington-based maritime advisory group.
First-in-Class Zumwalt Destroyer Launched
General Dynamics Bath Iron Works has launched the Navy's first Zumwalt-class destroyer at their Bath, Maine shipyard. The future 'USS Zumwalt' (DDG 1000) will be the lead ship of the Navy's newest destroyer class, designed for littoral operations and land attack. The ship began its translation from Bath Iron Works' land-level construction facility to a floating dry dock, which was flooded and the ship was removed from its specially designed cradle.
Stewart Technology Offer New Mooring Analysis Services
Houston-based consultants Stewart Technology offers a full range of services for marine and off-shore needs, and now announce that in addition they offer mooring analysis.
First US Big Ship LNG Bunkering Terminal Proposed
A partnership including Calgary-based Ferus Natural Gas Fuels has unveilled plans to build in Florida the first U.S. terminal to supply liquefied natural gas as fuel for cargo ships, reports 'The Calgary Herald'. The Eagle LNG partnership was announced in September 2013, and includes Ferus, General Electric Co. and Clean Energy Fuels Corp., the transportation-fuel company co-founded by billionare investor T. Boone Pickens; all three are equal equity partners in the project.
Japanese Firm to Set Up Houston Compressor Plant
Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), is to establish MHI Compressor Manufacturing, LLC in Pearland, Texas, to produce and service oil industry compressor equipment. The company will produce and service compressors in the U.S. market to accommodate demand generated by rapid growth in shale gas and oil development. Supported by this growth…
Crowley & Seaboard Marine in Vessel Sharing Agreement
Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd. announced a new vessel sharing agreement (VSA) that will provide customers of both companies with reliable, weekly service on larger ships between South Fla., Costa Rica and Panama. By sharing vessel space, Crowley and Seaboard will increase total capacity in the trade by using two 2,500-TEU-capacity vessels, resulting in a continued high level of service…
Zamakona Wins Best Spanish-Built Ship Award
The Association of Naval Architects and Marine Engineers in Spain (AINE ) presented the award for Best Spanish ship built in 2012 to Zamakona Yards for its Offshore Emergency Rescue Vessel 'Esvagt Aurora'. The event took place as part of the 52nd Congress of Naval Engineering and Maritime Industry for the year 2013, under the theme “Engineers and Engineering: The sea as an opportunity." The presentation was at a gala dinner held at the Club de Campo in Madrid.
Former Coast Guard Cutter Leaves Under Bangladeshi Colors
'BNS Somudra Joy' (formerly the Coast Guard Cutter 'Jarvis'), sailed recently from Alameda, marking a major milestone in international cooperation between the United States and Bangladesh. Joined by a small Coast Guard team of advisors, headed by Cmdr. Wendy Tomko, the Bangladeshi crew will make port calls at San Diego, Honolulu, Guam and Malaysia on their way to Bangladesh. This concludes a two-year-long process of identifying the cutter for decommissioning…
Tideworks TOS Chosen for New Caledonia Terminal
Terminal management and planning software solutions provider Tideworks Technology says that Koniambo Nickel SAS (KNS) in Koné, New Caledonia, has selected Tideworks…
Recreation Down Deep On Show at FLIBS 2013
From personal submarines and motorized surfboards to megayachts and boats for every budget, the 54th Annual Fort Lauderdale International Boat Show® (FLIBS) has them all. Covering six locations and featuring everything from astonishing super-yachts and extravagant toys to boats for every budget, the world's largest in-water boat show takes place this year from Oct. 31st through Nov. 4th, 2013. The…
NOL Reports $20m 3Q Profit
NOL Group reported net profits of $20 million for the third quarter of 2013, and year-to-date net profits of $61 million. The Group posted year-to-date Core EBIT improvement of 33% or $42 million, from a $127 million deficit in the same period last year. Singapore-based NOL attributed the better showing so far this year to its continuing focus on operational efficiency and cost management. Its two…
Statoil Posts 2013 Third Quarter Results
Statoil's third quarter 2013 net operating income was NOK 39.3 billion. Adjusted earnings were NOK 40.4 billion. "Statoil delivered strong strategic progress in the third quarter.
The Hon Darren Chester MP Visits HMAS Coonawarra
Parliamentary Secretary to the Minister for Defence, the Hon Darren Chester MP, made his first visit to the Headquarters Northern Command and HMAS Coonawarra, where he met with personnel and toured the Navy’s most northerly base. After a physical training session with personnel from AWARE One, Mr. Chester toured one of Navy’s 14 Armidale Class Patrol Boats and spent time speaking with personnel about the challenges of implementing the Government’s border protection policy.
TNKC Fleet Upgraded with BASS Software
Maritime software company BASS starts the fourth quarter by clinching a fleet-wide system upgrade for the subsidiary of the K-Line group Taiyo Nippon Kisen Co., Ltd (TNKC). With this upgrade, 107 TNKC vessels will operate on the BASSnet 2.8 Fleet Management System to enhance its efficiency gains. The ship management company has been operating on BASSnet 2.0 since 2001. TNKC has been enjoying the benefits…
Digital Generation to Enhance O&G Production, Safety
BP poll shows delegates at SPE Intelligent Energy International 2013 believe the digital generation will enable emerging technologies to optimize production and enhance safety management.
Braemar Adjusting Makes Several New Appointments
Braemar Adjusting continues its global expansion with the addition of one director in London, two directors in Houston and an energy adjuster in Singapore. Ian McInroy re-joins Braemar’s London office as a Director in October 2013 from a leading international insurance broking and consultancy group, where his primary responsibilities were to design risk transfer programs for offshore energy construction projects and advise clients on the terms and conditions of their energy contracts.
Cargotec Buys Aker Mooring and Loading Systems Business
Aker Solutions today agreed to sell its mooring and loading systems business to Cargotec for an enterprise value of NOK 1.4 billion, or about €180 million. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems, as well as deck machinery for the global offshore and shipping markets. Aker Solutions will book a gain of about NOK 1 billion from the sale.
New Blyth Workcat for Baltic Survey Work
Finnish survey company FCG (Finnish Consulting Group) Ltd. has placed an order for a new GRP survey boat from Blyth Workcats Ltd of Canvey Island, U.K. The 14-meter catamaran will be known as the Nordic Sonar and it is now being built to meet the specialized needs of the FCG survey teams. It will be based in Turku, Finland and is being fitted with comprehensive heating system and insulation suitable for its use in the demanding conditions around the Finnish coast and the northern Baltic.