LOKRING Updates Installation Procedures Document
LOKRING Technology LLC, producers of advanced fluid and gas transfer connectors, issued a new version of its Installation Procedures Document LP-105. This comprehensive…
PEMA to Supply Welding Automation to Keppel FELS
Pemamek Oy Ltd. received another contract to supplement Keppel FELS’ Singapore yard upgrading. The new contract consists of two PEMA robotic profile processing lines. Keppel FELS has constantly invested in increasing productivity and capabilities of their rig production process. The new supplement to their production machinery is a high-capacity robotic profile processing lines of two. The line includes cutting and marking features and automatic palletizing systems.
October Limestone Trade Up 23% on the Lakes
Shipments of limestone on the Great Lakes totaled 3.6 million tons in October, an increase of 23.3% compared to a year ago. The October total was also slightly ahead of the month’s five-year average…
Bourbon Reports 3Q 2013 Revenues
Bourbon released its results for the third quarter 2013 and reported signs of continued improvement in offshore vessel demand. Revenues were up 8.6% compared to third quarter 2012…
DNV GL to Class Two Brazilian Pipe Laying Vessels
The two pipe laying vessels (PLSVs) are to be built at the brand new Vard Promar yard in Recife, in the North East of Brazil. The order is part of four OSVs by DOF/Norskan and Technip, important customers for Vard. The other two of these vessels are to be built in Norway, also to DNV class. The new Vard Promar yard in North East Brazil represents a significant expansion of Brazil’s shipbuilding capability as more yards will be built outside of Rio de Janeiro.
Liverpool Container Terminal Drives Technology Upgrade
The development of a £300 million container terminal in Liverpool (U.K.) is driving a major technology investment by Britain’s second largest ports group. Peel Ports is introducing the Navis N4 terminal operation system – acclaimed as the gold standard in global container management – at eight sites in the U.K. and Ireland. The upgrade is being driven by Liverpool2 – a new container hub for the U.K.
Victor Technologies Acquires Gas-Arc Group
Victor Technologies has announced it has acquired Gas-Arc Group Ltd, a privately held manufacturer of gas control equipment based in the United Kingdom, for approximately $40 million in cash…
Great Lakes Iron Ore Trade Up Almost 10% in October
Shipments of iron ore on the Great Lakes totaled 6 million tons in October, an increase of 9.6% compared to a year ago. The October ore float was also 8.8% ahead of the month’s five-year average, but trailed September by about 3%. Shipments from U.S. ports totaled 5.3 million tons, an increase of almost 16% compared to a year ago. The October total included 183,000 tons shipped to Québec City for loading into oceangoing vessels and delivery overseas. Year-to-date overseas exports from U.S.
Hands-on Spill Response Training, from the Classroom to the Tank
Training at Ohmsett takes the learning from the classroom to the 2.6 million gallon wave/tow test tank. That’s where students receive hands-on training with the latest spill response equipment and techniques used in the field. Ohmsett, in partnership with Texas A&M National Spill Control School, announced the 2014 Oil Spill Strategies and Tactics training, June 10-13, 2014 and August 26-29, 2014. Each…
MES Delivers "Eco-Ship" Bulk Carrier
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 66,000 dwt type bulk carrier M.V.Clipper Excalibur (MES Hull No. 1858) at its Tamano Works on November 6, 2013 to Clio Marine Inc., Liberia. This unprecedented wide beam shallow draft vessel, called neo66BC, will be the pioneer of the eco-ship as the first ship of our line up neo series.
GLDD Dredging Delivers Strong Q3 2013 Results
Great Lakes Dredge and Dock Corp. reports third quarter 2013 results. Dredging delivers a strong quarter with the backlog at a record high of $606-Million. The company says it is evaluating strategic alternatives for its demolition business. Revenue increased 22.4% to $198.8 million in the third quarter of 2013 compared to the third quarter of 2012, driven by the increase in coastal protection revenue and a joint Terra and Rivers & lakes remediation project.
Aker Solutions' Subsea Business Does Best in Q3 2013
Aker Solutions ASA publish their third-quarter results 2013 showing a fairly even performance in the group's sectors, but in subsea widening its profit margin to 10.9 percent from 8.7 percent a year earlier. Sales were NOK 10.9 billion in the third quarter of 2013, compared with NOK 11.2 in the third quarter of 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1.07 billion in the quarter, compared with NOK 1.12 billion in the year-earlier period.
Baltic Trading Snaps Up Bargain Price Capesize Bulkers
Baltic Trading Limited has has agreed to acquire two 179,185 dwt Capesize vessels for an aggregate purchase price of $103.0 million. The two vessels, built in 2012…