Cape Wind Secures $600M toward Mass. Wind Farm
Cape Wind said on Wednesday it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast, and expects to have…
Diesel Electric River Push Boats Delivered
On February 21, 2014 UZMAR Shipyard, also known as “Workboat and Tug Factory” of Turkey, announced the delivery of first two most advanced diesel electric shallow draft river push boats to Brazilian Owners, Hidrovias do Brazil S.A. A total of eight ordered push boats will operate in Parana River, South America under a long term iron ore barge transportation contract with VALE. The first two push boats were transported from UZMAR Shipyard…
DNV GL Debuts New Explosion Hazard Software
DNV GL’s new Phast 3D Explosions software module enables advanced 3D modeling, increasing both the accuracy and detail of the evaluations as well as information about the speed of vapor cloud explosion (VCE) analyses. Phast software is used to model safety aspects of design options for proposed new facilities and for operational changes in existing facilities. The software examines the progress of…
Papp Delivers Final State of the Coast Guard Address
U.S. Coast Guard Commandant Adm. Bob Papp delivered his final State of the Coast Guard address at Coast Guard Headquarters, St. Elizabeths Campus, Washington, D.C., Wednesday. Papp provided an overview of programs and issues of the last four years and also looked ahead to what the Coast Guard may face in the future. Papp mentioned progress in the Coast guard’s improvement of its sexual assault prevention and response program…
Petrobras to Expand Production in Argentina
Reuters - Brazilian oil company Petróleo Brasileiro SA wants to boost oil exploration and production activities in neighboring Argentina, Chief Executive Maria das…
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.
Diamond Offshore Drilling's CDS Widen 47%
Reuters - (The following statement was released by rating agency RPT-Fitch Solutions) Credit default swaps (CDS) on Diamond Offshore Drilling Inc. (Diamond) have widened 47% over the past month, according to Fitch Solutions. Diamond's CDS significantly underperformed the 3.4% CDS tightening for the broader North America oil and gas sector over the same time period. Additionally, the cost of credit protection on Diamond's debt has been climbing steadily since late January.
Damen Delivers Second Twin Axe FCS 2610 to Sure Wind
British company Sure Wind Marine Ltd. has taken delivery of its second Damen Twin Axe Fast Crew Supplier – the Sure Swift - in a little over a month after the first joined the company’s fleet. Established in 2009, Sure Wind is a specialist in the German offshore wind market and now has 10 dedicated wind farm service and crew transfer vessels, the latest two being the first newbuild Damen vessels. Sure…
Prominent Naval Engineer Dr. Ilario Hilary Rolih Dies at 82
We deeply and sadly regret to advise the passing of George G. Sharp’s Chairman of the Board Dr. Ilario Hilary Rolih on February 16, 2014. Dr. Ilario Hilary Rolih passed away at the age of 82 on February 16, 2014 while on vacation in Cancun, Mexico. Dr. Rolih had more than 58 years’ experience in the marine industry. He was the chairman of the Board at George G. Sharp, Inc. since 1983. He had a Doctor of Naval and Mechanical Engineering Degree from the University of Trieste in 1956…
No Pollution from Grounded Cargo Ship
The U.S. Coast Guard (USCG) said it responded to a 739-foot cargo ship aground in the Columbia River just north of the Astoria Northern Anchorage in Astoria, Tuesday.
Five Minutes with WSS's Simon Hutt
The business of ship service has changed mightily in recent years, with many new regulations and technical mandates on modern ships, the continued and rapid consolidation of major players and a historic shift in vessel trading patterns driven by the shale energy revolution in the U.S. To help put it all in perspective, MR reached out to Simon Hutt, the new VP of the Americas for Wilhelmsen Ships Service. Please encapsulate your maritime experience to date. My career has always been in maritime.
Foss Assists Lab in Hydrogen Fuel Research
Foss Maritime and one of America's most prestigious national research laboratories are joining in a project aimed at producing cleaner air, less costly fuel and a healthier environment. Seattle-based Foss and its Hawaiian subsidiary, Young Brothers Ltd., are partnering with hydrogen researchers at Sandia National Laboratory. They are building a portable, self-contained hydrogen fuel cell for testing at the Port of Honolulu beginning in 2015 for six months.
SeaCURE Ballast System Earns Type Approval
The Federal Maritime and Hydrographic Agency of Germany (Bundesamt für Seeschifffahrt und Hydrographie- BSH) has granted type approval for the SeaCURE Ballast Water Management System.
Senators Address NJ’s Rock Salt Situation
U.S. “We are pleased to hear that the first shipment of rock salt arrived at Port Newark last night. When we first heard about the emergent nature of the State’s salt shortage in media reports, we immediately contacted the appropriate federal agencies on behalf of the health, safety and well-being of New Jersey residents seeking help in expediting procurement and delivery of much needed rock salt.
World Development Drilling & Production Forecast
Douglas-Westwood has launched the first of a new suite of quarterly products which provide unparalleled insight into global oil & gas drilling & production (D&P); the core driver of oilfield services and equipment markets worldwide. The DWD&P suite provides a granular country-by-country assessment of historic, current and future annual development drilling & production activity for both the onshore and offshore sectors.
Today in U.S. Naval History: February 26
Today in U.S. Naval History - February 26 1811 - Congress authorizes first naval hospital 1913 - Approval of experimental wind tunnel for Navy 1944 - Sue Sophia Dauser, Superintendent of the Navy's Nurse Corps is first woman in Navy to receive rank of Captain. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Ofgem to Link Offshore Wind to U.K Grid
U.K. energy regulator Ofgem on Wednesday launched a £400 million tender for linking offshore wind farms in the North Sea to Britain's national power grid. Ofgem…
Study: Outlook Strong for Offshore Pipe Industry
The European outlook for the offshore pipe industry in 2014 is positive, according to a recent report conducted by Tata Steel, a supplier of innovative deep-water pipe line solutions. The study, conducted by Europe’s second largest steel producer, points to high energy demand from Africa, Asia and BRIC (Brazil, Russia, India and China) nations which will continue to drive offshore developments. The…
German Ship Bank HSH Needs More Aid
Troubled German public-sector bank HSH Nordbank will likely need more state aid than previously thought due to deep losses in shipping lending and back taxes, the…
AVO Electrical Safety Course Open for Enrollment
In keeping with AVO Training’s philosophy of offering the types of Electrical Safety Training Courses industry and utilities require today, this new course subject…