Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
LUKOIL Makes First Bulk Delivery in Novorossiysk
Since January 2014, the marine lubricant specialist LUKOIL Marine Lubricants Ltd. offers bulk supply of lubricant main grades in Novorossiysk, Russia’s main port on the Black Sea.
Sterling Shipping Adds Two Industry Veterans
Quentin Soanes and Jeremy Davies have joined the Sterling Shipping Services team. Having worked in the world of Sale & Purchase shipbroking for 36 and 30 years respectively…
The Switch Inks Deal with WE Tech
The Switch, a supplier of megawatt-class permanent magnet generators, motors and frequency converters, received an order from WE Tech Solutions Oy of Vaasa, Finland for four permanent magnet (PM) shaft generators. Coupled together with WE Tech’s WE Drive, these PM shaft generators represent game-changing technology for merchant ships to allow them to significantly cut back on operating costs when powering their onboard electric networks. The deliveries will start later this year.
Larson Debuts Escape Line of Pontoon Boats
Larson Boat Group (LBG) launched a new line of pontoon boats, Escape by Larson. "As an industry leader and market innovator for more than 100-years, we knew that…
Papp to Deliver State of the Coast Guard Address
U.S. Coast Guard (USCG) Commandant Adm. Bob Papp will deliver the 2014 State of the Coast Guard Address Feb. 26, 2014, in the Cdr. Raymond J. "Ray" Evans Conference Center at U.S. Coast Guard Headquarters, beginning at 10:30 a.m. In what will be his final State of the Coast Guard Address, Adm. Papp will provide a current overview of the service and outline priorities for the years ahead. uscgnews.com
US Will Add a State Representative for the Arctic
In a press release announcing a new U.S. Secretary Kerry announced that the State Department will add a Special Representative for the Arctic Region, a high-level official of stature who will play a critical role in advancing American interests in the Arctic Region, particularly as it prepares efforts for the United States to Chair the Arctic Council in 2015. “President Obama and I are committed to…
Bath Iron Works Wins Coast Guard OPC Contract
The U.S. Coast Guard has awarded General Dynamics Bath Iron Works a $21.4 million contract for the Offshore Patrol Cutter (OPC) program. Bath Iron Works is one of…
Something Old, Something New ...
I must admit that exploring the historical nature of our business is one of my favorite endeavors, and this month we are pleased to continue our series of articles in celebration of our 75th anniversary. Patricia Keefe again graces our pages with her overview of the creation and fate of what is arguably the greatest if not most famous ship in the history of U.S. shipbuilding, the passenger liner SS United States.
DSIC Appoints Ahern to Advisory Board
Decision Sciences International Corporation (DSIC), an advanced technology provider of security and detection systems, today announced that The Honorable Jayson P. Ahern, former Acting Commissioner of U.S. Customs & Border Protection, was appointed to the company's Advisory Board, effective immediately. Ahern, is a Principal with The Chertoff Group, providing strategic consulting services on homeland and border security management and global commerce and supply chain matters.
Floating Production Market Forecast
Today, 319 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 74% of systems on order. Another 25 floating LNG processing systems are in service or on order. Liquefaction floaters account for 12%, regasification floaters 88%. No liquefaction floaters are yet in service – all three are on order. In addition, 101 floating storage units are in service, on order or available.
SSA Sponsors Maritime Scholarships
The Singapore Shipping Association (SSA) said it has underlined its commitment to investing in the future of the Singapore and global shipping industry by sponsoring S$50,000 through three scholarships during the 2014/2015 academic year. The scholarships will come under the the MaritimeONE Scholarship Program administered by the Singapore Maritime Foundation (SMF) and will be offered to students attending…
Erik Thun Orders LNG Cargo Ship
Swedish shipping company Erik Thun A.B. has granted Shipyard Ferus Smit the order for building an LNG powered cargo vessel, with two more units on option. The first vessel will be delivered in autumn 2015 from the yard in Westerbroek, Groningen. The Thun shipping company has a strong market position in Northern Europe and the Baltic area. To further strengthen her position as ‘green’ fleet with the new SECA rules coming into force in 2015 for the Baltic…
Panama Canal Extension Dispute: Talks, Not Works, Continue
The Panama Canal Authority (ACP) reports that despite efforts to agree with Grupo Unidos por el Canal, S.A. (GUPC) to resume work on the new locks project, positions between the parties remain apart. According to ACP a telephone confernce was held with CEOs of the contracting companies comprising GUPC (Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan de Nul Group (Belgium) and Constructora Urbana, S.A.
Jet Edge Waterjets Distributed in 6 States by KF Machinery
Jet Edge, Inc., a leading manufacturer of ultra-high pressure waterjet systems for precision cutting, coating removal and surface preparation, say that KF Machinery is now distributing Jet Edge precision waterjet cutting systems in Minnesota, North and South Dakota, Nebraska, Western Wisconsin and Western Iowa. Located in Lakeville, Minn., KF Machinery offers full-service precision sheet metal manufacturing and forming equipment to manufacturers in a variety of industries…
Transocean Drilling Rig Fleet Update Summary
Transocean Ltd. has issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since January 16, 2014. The total value of new contracts since the January 16, 2014 Fleet Status Report is approximately $66 million. Estimated 2014 out-of-service time increased by a net 150 days,…
Russian Energy Major to Trade ADRs on Moscow Exchange
Gazprom inform that its shares are now being traded in American Depositary Receipts (ADRs) on the Moscow bourse. The company explains that the listing of its ADRs at a Russian stock exchange assures higher demand for these securities and, consequently, the Company's shares. Gazprom add that this is another milestone in their consistent efforts aimed at increasing the liquidity and price of the Company's securities.
IBIA Urges Bunker Suppliers to Adopt ISO Fuel Specs
In a bid to improve bunker quality across the marine fuel supply chain, the International Bunker Industry Association (IBIA) informs that it has called on marine fuel suppliers to adopt the ISO 2010 specifications for bunkers. Despite having been introduced four years ago to improve bunker standards, it is estimated that only a quarter of bunker suppliers are currently supplying in accordance with the 2010 specifications.
New Baton Rouge Deepwater Dock: Genesis to Invest US$150-Million
Genesis Energy, L.P. announce plans to invest approximately US$150-million to construct a new crude oil, intermediates and refined products import / export terminal in Baton Rouge, Louisiana (the Baton Rouge Terminal). The Baton Rouge Terminal will be located on approximately 90 acres of land near the Port of Greater Baton Rouge (the Port) and will be connected to the Port’s existing deepwater docks on the Mississippi River.
Gulf of Thailand Tankship Still Aground After 6 Weeks
Rough weather in the Gulf of Thailand is thwarting attempts to re-float an oil tanker that ran aground near the port of Sonkhla as long ago as January 9, 2014, according to 'The Nation' newspaper. A sand-suction dredger was deployed to create a water channel on the beach to allow the oil tanker Orapin 4 to move back to sea off Songkhla; however, the operation came to a temporary halt as the dredger was forced to take shelter at Nu Island amid strong winds.