ASRY Slipway Repairs 6 Vessels Simultaneously
ASRY, a ship and rig repair yard in the Arabian Gulf, recently saw six vessels under repair simultaneously on its dual slipways in a sign that the yard’s small and medium sized vessel repair business continues to flourish since the opening of the its state-of-the-art slipways. Slipway occupancy at ASRY has risen year on year since they were opened in 2008, with 2013’s revenues attributed directly to slipway work increasing 7.24% on 2012.
SNAME Meeting on Financials of LNG
SNAME announced its seventh technical meeting for the 2013-2014 season, during which Dr. Panagiotis Zacharioudakis, Senior Researcher at the National Technical University of Athens (NTUA)…
Brazil Soy Exports Jump in February
Reuters - Brazil exported 2.79 million metric tons of soybeans in February, up sharply from 30,600 metirc tons in January, Trade Ministry data released on Thursday showed.
Port of LA Searches for New Executive Director
Los Angeles Mayor Eric Garcetti announced the launch of a global executive search to fill the the top post at the Port of Los Angeles. Under Mayor Garcetti’s direction…
Russia Sinks Ship to Create Obstacle
According to multiple media reports including The Sydney Morning Herald (smh.com.au) as well as Ministry of Defense of Ukraine, the the Russian Navy reportedly sank one of its own, junked vessels to create an obstacle, a Ukrainian official claimed. Ukraine Defense Ministry spokesman Lieutenant Colonel Alexei Mazepa was quoted as saying that Russian sailors pulled the anti-submarine vessel Ochakov out…
Seadrill Issues $234 Million Bond
Reuters - Seadrill, the world's largest offshore oil driller by market capitalization, has completed the issue of a 1,500 million Swedish crowns ($234.18 million)…
Beating the Bye-Bye Bonus Blues
A changing tax landscape doesn’t have to mean bad news – at least not just yet. Historically, bonus depreciation has had a significant effect on construction of new vessels…
Good News for Inland Waterways - Just in Time
On January 17, 2014, Congress averted another government shutdown with a “just in time” delivery of an Omnibus Appropriations bill. Thankfully, some good news for…
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.
IMTRA Supplies Hydraulic Thrusters for US Navy
IMTRA, a manufacturer and importer of quality marine products, announced today its Side-Power SH1000 thruster system has been installed on the fourth hull of the 114-foot U.S. Navy Range Training Support Craft (RTSC-110). Selected to replace another supplier used on the previous three builds, IMTRA worked with Florida-based naval architecture firm DeJong & Lebet and San Diego builder Marine Group Boat Works, LLC to determine ideal size requirements for a system optimized for the RTSC-110.
Eastern Delivers PSV to Bravante
Eastern Shipbuilding Group, Inc. announced the delivery of the M/V BRAVANTE VI (Hull 156) on Friday February 28, 2014 to Boldini S.A., BRAVANTE GROUP of Brazil. The BRAVANTE V (Hull 155), the first in the series, was delivered three months earlier and is currently on charter in Brazil. The BRAVANTE VI is the second STX SV290 design of five vessels in a series which are all, ABS Classed, AC Diesel-Electric powered, twin Z-drive propelled PSV’s measuring 284’(86.5m) x 60’(18.3m) x 24’-6”(7.5m).
Fully Loaded Container Barge Ablaze Off Bahamas
The US Coast Guard inform that search and rescue personnel at the District Seven Command Center in Miami are coordinating fire-fighting efforts on a towed 730-foot barge loaded with containers on fire about 86-miles northeast of Nassau, Bahamas. The Command Center received a call from the 127-foot tug Patriarch, reporting that a fire had started among cargo containers on the the barge. The Coast Guard…
Port of Monroe Reports Record 2013 Tonnage
The 2013 shipping season was a record-setter for the Port of Monroe (located on Lake Erie and bisected by the River Raisin, the Port of Monroe is Michigan’s only port on the Lake). Nearly 2.2 million metric tons of cargo was handled by the port, marking what is seen as the beginning of a period of revival. Port Director, Paul C.LaMarre said: "In 2013, we had 97 vessel calls: 81 to DTE Energy's Monroe Power Plant carrying bulk…
US Warship Heading for Black Sea
The Navy informs that the Arleigh Burke-class guided-missile destroyer 'USS Truxtun' (DDG 103) has departed Souda Bay, Greece, en route to conduct combined training and theater security cooperation engagements in the Black Sea with Romanian and Bulgarian Naval forces. The visit of the warship to waters in the vicinity of the troubled Ukraine/Crimea region was scheduled in advance the Navy explains in a news release.
Marine Engineering Consultancy LOC Appoint Chairman
Dr Robin Bidwell CBE has been appointed as LOC Group chairman informs the London-headquartered international marine and engineering consultancy and survey company. LOC add that for 35 years, Dr Bidwell built and led Environmental Resources Management (ERM) the global environmental advisory firm employing more than 5000 employees in over 40 countries. He currently holds a number of non-executive appointments (private sector…
Wärtsilä Corporation to pay EUR 1.05 Dividend
Wärtsilä Corporation's, Annual General Meeting, on 6, March 2014, amongst various other matters, approved the Board of Directors' proposal to pay a dividend of EUR 1.05 per share to shareholders on 18, March 2014. The Annual General Meeting decided that the Board of Directors shall have nine members. The following were elected to the Board: M.Sc. (Techn), MBA Maarit Aarni-Sirviö, Managing Director Kaj-Gustaf Bergh, M.Sc. (Eng) Sune Carlsson, M.Sc. (Econ), MBA Alexander Ehrnrooth, M.Sc.
Bound for the Great Lakes? Ballast Tank Exam a Certainty
The Great Lakes Seaway Ballast Water Working Group (BWWG) informs of the release of its 2013 Summary of Great Lakes Seaway ballast water management report. The mission of the BWWG is to harmonize ballast water management efforts between: the U. S. Coast Guard, Transport Canada – Marine Safety and Security, the Saint Lawrence Seaway Development Corporation, and the St. Lawrence Seaway Management Corporation. Since 2006, ballast water management requirements in the Great Lakes and the St.
Coast Guard Names Next Top Enlisted Member
The Coast Guard announce the selection of the next Master Chief Petty Officer of the Coast Guard – Master Chief Petty Officer Steven Cantrell. Master Chief Petty Officer Steven Cantrell is the current Atlantic Area Master Chief and will relieve the current MCPO-CG, Michael P. Leavitt, during a change of watch ceremony in May in Cape May N.J. Cantrell hails from Memphis, Tenn., and joined the Coast Guard in 1983.
British Nuclear Submarine to be Refuelled
The nuclear reactor in HMS Vanguard is to be refuelled, the Defence Secretary has announced. The decision comes after low levels of radioactivity were detected in a prototype core that has been running at the Naval Reactor Test Establishment at Dounreay in Scotland since 2002. In an oral statement to the House of Commons, the Defence Secretary, Philip Hammond, has announced his decision to refuel the nuclear reactor in HMS Vanguard during its planned deep maintenance period which begins in 2015.
Bunker Suppliers, Endofa, in France Partnership
Endofa, an independent physical marine fuel supplier and bunker trader with offices in Houston and Dubai, informs it has partnered with another emerging bunker broker, VP Bunkers, to form Endofa-VP with offices in Nice, France. According to Endofa's Kenn Soendergaard, the new entity is designed to expand Endofa's presence in Europe while serving as its exclusive agent in France. "Our promise to deliver…