UK Throttle Back on Two Offshore Wind Projects
Forewind, in agreement with The Crown Estate has revised the current development potential for the total capacity of the wind energy projects in the Dogger Bank Zone from 9 gigawatts (GW) to 7.2 GW. At the same time, the consortium behind London Array has announced it will not proceed with the development of Phase 2 of the offshore wind farm. The revision has been made following more than four years of offshore and onshore surveys and assessments…
Lake Decatur Dredging Contract for GLDD
Great Lakes Dredge & Dock Corporation (GLDD) says it has signed an US$89 million contract with the City of Decatur (IL) to provide dredging services to increase the capacity of Lake Decatur. Lake Decatur, the largest lake on the Sangamon River, was created after the river was dammed in 1922. The reservoir serves as the primary raw water source for Decatur’s 76,000 residents and large industrial sector.
Admiral's Wife Has Initials Set in US Warship's First Steel
The Navy and Lockheed Martin, with Marinette Marine Corp., have held a keel laying ceremony for the future 'USS Sioux City' (LCS 11), the Navy's 11th littoral combat ship (LCS). Ship sponsor Mary Winnefeld, wife of Vice Chairman of the Joint Chiefs of Staff, Admiral James "Sandy" Winnefeld, Jr., authenticated the keel by having her initials welded into a sheet of the ship's hull. "I'm both honored and delighted to be back in my home state of Wisconsin as the sponsor of Sioux City," said Mrs.
Nigerian Shipowners in Dire Financial Straits
The Nigerian Ship Owners Association, NSA, has informed that some of its members are currently grappling with huge financial indebtedness to some banks, which has been aggregated at over $3billion (N480bn) reports the country's National Mirror. NSA, formerly known as the Indigenous Shipowners Association of Nigeria ISAN, is the umbrella body for all fully Nigerian- owned shipping firms made up of over 40 companies, most of which have closed down or at the verge of being closed down.
Sunken Car Carrier to be Salvaged by Boskalis Partnership
Boskalis inform that the Dutch Department of Public Works intends to award the contract for the salvage of the wreck of the car carrier 'Baltic Ace' to Boskalis and its partner Mammoet Salvage. Boskalis explain that the wreck and its cargo need to be removed because they pose a threat to the environment and to shipping on the busy route towards the Port of Rotterdam. The Department of Public Works expects the definitive signing of the contract in the second half of March 2014.
Oceanteam Buys Out KCI Design Engineers
Norway-based Oceanteam Shipping says it has exercised its option to buy the remaining 30% shares of KCI design engineers, a multi-discipline engineering company, employing over 150 engineers with offices in Schiedam, The Netherlands and Hamburg, Germany. As a result of this transaction, Oceanteam is now the 100% strategic owner of KCI design engineers. The shares were bought from the previous management team at confidential terms.
Lockheed Martin in Australian Wave Energy Project
Lockheed Martin says it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project yet. The 62.5-megawatt peak power wave energy generation project will be built off the coast of Victoria, Australia, using Ocean Power Technologies' (OPT) PowerBuoy® wave energy converter technology. The company’s PowerBuoy wave generation technology uses a "smart," ocean-going buoy to convert wave energy into low-cost, clean electricity.
Australia Job Seekers Meet Employers at AOG Perth Conference
The organizers of the Oil & Gas Exhibition & Conference (AOG) say that the demand for labour is so high that by 2018 the oil and gas workforce is expected to increase by 57 percent, according to the Australian Workforce and Productivity Agency. On 21, February 2014 over 1000 graduates and tertiary students meet with major employers at Perth Convention and Exhibition Centre to learn about job opportunities, graduate programs and vacation work available in the oil and gas sector.
Euroseas Report Adverse Financial Winds in Year 2013
Net loss of $103.4 million, or, $2.28 net loss per share basic and diluted on total net revenues of $39.2 million. The full year results include a $78.2 million impairment loss, or, $1.72 loss per share basic and diluted. Adjusted net loss1 for the period would have been $23.1 million or $0.51 net loss per share basic and diluted. Adjusted EBITDA1 was $(1.7) million. An average of 14.56 vessels were…
Incat Crowther Design 10-Boat IUV Order
Incat Crowther say they supported Strategic Marine in their winning technical proposal for the construction of ten 42m Infield Utility Vessels (IUV) for Brunei's PTAS Marine, and the first boat has now been delivered. Strategic Marine called in Incat to assist in their technical proposal for the project, committing to a timeframe of just 15 months from contract signing to the delivery of the ninth vessel. The tenth boat will be retained by PTAS as a backup vessel throughout the contract period.
Ziff Energy, GPMi Launch LNG Study
Ziff Energy and Gas Processing Management Inc. analyze the gas growth areas of the Western Canadian Sedimentary Basin in Alberta and British Columbia. Ziff Energy…
NOL’s 2013 Financial Performance up 82%
Group narrows net loss; lifted by $470 million (USD) cost savings and building sale. NOL Group today reported a 2013 net loss of $76 million, improving 82 percent…
Houston Reports Record Tonnage for 2013
The Port of Houston Authority generated record container movement and cargo tonnage in 2013. Record throughput of container TEUs (2 million) and an unprecedented 36 million tons of cargo handled were primary contributors to the remarkable year. The Port Authority's six-percent increase in movement of loaded containers outpaced all other U.S. ports in that category. Improved grain and coal exports over…
Colossal Gantry Crane Arrives in Vancouver
After months of planning and anticipation, Seaspan’s new 300-metric-ton Gantry Crane arrived at Vancouver Shipyards. Once erected, this colossal crane will be the largest Gantry Crane in Canada, towering 80 meters high and spanning 76 meters wide, and mark a significant milestone in Vancouver Shipyard’s Modernization Project. The two-year, $200 million project, which began construction in October 2012 and is scheduled for completion in the fall of 2014…
Ecuador Places New Import Restrictions
Ecuador's Foreign Trade Committee (COMEX) has issued a resolution which establishes new quality control measures for the importation of particular products into the country.
Coast Guard Rescues Man from Freight Ship
The U.S. Coast Guard (USCG) rescued a 54-year-old man, who was suffering from medical issues while aboard a 655-foot freight ship approximately 150 miles southwest of Tampa, Wednesday. At approximately 9:24 a.m., watchstanders at Coast Guard Sector St. Petersburg, Fla., received notification from the ships agent that the master aboard a freight ship suffered a seizure while transiting to Brazil. Watchstanders…
DP World Invests in London Gateway
The Lord Mayor of the City of London, Fiona Woolf, welcomed the foreign direct investment by Dubai’s DP World into London Gateway, while visiting the recently opened deep-sea container port and Europe’s largest logistics park. During her visit, the Lord Mayor, climbed one of the world’s largest quay cranes to have an elevated view of the massive three square mile site, where work is underway for a Common User Facility and other proposed distribution centers.
Pronautas to Deliver Connectivity Solution
Pronautas B.V. GmbH announced that its connectivity solution has been selected by Caiano Shipping III AS (Norway) for 11 Green Reefers vessels. Pronautas will provide…
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.
KIMS Installed on Allure of the Seas
Dragutin Radobuljac, the Chief Electrical Engineer on Royal Caribbean Cruise Line’s mega cruise ship the Allure of the Seas, has described the new Kongsberg Information Management System (KIMS) as a “Revolutionary upgrade,” with significant influence on vessel operations. KIMS is a state-of-the-art, customized data management system that operates over a global, secure and highly scalable infrastructure.