Ingalls Shipbuilding's 2014 'President's Awards for Excellence
Huntington Ingalls Industries' Ingalls Shipbuilding division has honored six teams and three individuals with "President's Awards for Excellence" for their outstanding and innovative work on shipbuilding projects. "We build some of the most complex, technologically advanced products in the world," said Ingalls Shipbuilding President Irwin F. Edenzon. "We need men and women who are innovative and engaged in their work.
Kirby Corp. Order Additional 29 Large Tank Barges
Kirby Corporation, based in Houston, Texas, the nation's largest domestic tank barge operator, informs it has signed agreements for the construction of 29 additional 30,000 barrel inland tank barges with a total capacity of 830,000 barrels for delivery throughout 2014. Of the 29 inland tank barges, 18 are through the assumption of shipyard construction contracts from another inland tank barge operator and 11 are new orders placed by Kirby.
UK Trade Deficit Worries Chamber of Shipping
In January 2014, the value of imports rose to £16.8bn, while exports showed a slight decrease to £14.5bn, compared with the previous month. Consequently, the difference between non-EU imports and exports (the trade gap) has increased. Mr. Platten added: “As a country, the recovery is driven heavily by consumer spending, much of which is through the purchase of imported goods. Noting that the shipping…
Transocean Latest Offshore Drilling Rig Fleet Summary
Transocean Ltd. has issued its 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 February 18, 2014. The total value of new contracts since the February 18, 2014 Fleet Update Summary is approximately $14 million. GSF Galaxy III - Awarded an approximate two and one-half month contract extension for use as an accommodation unit in the U.K.
Navigator Holdings Run a Tight Ship, Report 2013 Profit Surge
In its preliminary fourth quarter and financial year 2013 results, ship owners and charterers Navigator Holdings report that EBITDA increased to $106.8 million for the year ended December 31, 2013 from $63.9 million for 2012. Operating revenue for the year ended December 31, 2013 amounted to $234.3 million (excluding the cargo revenue mentioned above), an increase of $87.6 million compared to operating revenue of $146.7 million for the year ended December 31, 2012.
East-West Freight Rates Remain Down After Chinese New Year
Following three consecutive months of price rises, freight rates on the East-West trades declined in February, according to Drewry’s online Container Freight Rate Insight. Rates came under most pressure on the Asia-Europe trade, which weakened following a meteoric rise in the run-up to the Chinese New Year. Drewry’s Asia-Europe Westbound Freight Rate Index dropped 12% in February to $2,992 per 40ft container…
Arctic Circle Iceland Convention Date Changed
The Arctic Circle informs that due to increased demand, and to better accommodate the large number of expected attendees, the dates for the second annual Arctic Circle Assembly have been changed. The gathering will now take place October 31-November 2, 2014, in Reykjavík, Iceland, at the Harpa Reykjavík Concert Hall and Conference Centre. The inaugural gathering drew more than 1,200 participants from 40 nations…
VARD Takes a Foothold in Canada
Designers and shipbuilders of offshore and specialized vessels VARD says it has established a new subsidiary for ship design, engineering and sales activities in Canada. CEO and Executive Director Roy Reite commented, “Our establishment in Canada is VARD’s first foothold in North America. VARD explains that it provides a wide range of services including ship design, marine electronics and electrical systems, equipment packages and support for all aspects of the shipbuilding process.
Thain Joins HVAC Board
HVAC & Refrigeration Engineering Ltd., a provider of manufacturing, design and engineering services in hazardous and harsh environment products, has appointed a new member to its board of directors as the company looks to maintain its current strong growth. Joining HVAC & Refrigeration Engineering Ltd. with more than ten years industry experience, Angela Thain joins the company board as its projects…
Topaz Reports NMEL Results
Topaz Energy and Marine, an offshore support vessel company, announced the results of its subsidiary Nico Middle East Ltd. (NMEL) for the twelve months ended December 31, 2013.
Conqueror: 200 Cities in 100 Countries
Conqueror Freight Network said it has reached a milestone in its global coverage with the addition of its 200th city in its 100th country. “This is a significant moment for the network.
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.
U.S. Forces Board Seized Tanker Ship
American forces yesterday boarded and took control of a commercial tanker ship, Morning Glory, that was seized earlier this month by three armed Libyans, Pentagon Press Secretary Navy Rear Adm.
Faurisson Joins Heidmar Products Desk
Heidmar announced that Olivier Faurisson will join the company as Managing Director of Chartering and Marketing in the product sector. Faurisson has experience in product chartering and pool building. He rose to the title of General Manager, Products Division, during his 13 year career with Total Trading. At OMI Corporation he was the Head of Chartering & Business Development, in the Product Tanker Division. Most recently, he was Head of Chartering at Scorpio UK Limited.
Better Air Quality Onboard
Wilhelmsen Ships Service (WSS) has launched a solution to assist shipowners in meeting one of the demands of MLC2006. The Duct Air Treatment, showcased for the first time at APM Singapore this week, is an anti-bacteria block which works within HVAC systems onboard vessels to stop the spread of invisible mould, bacteria and viruses. Hilde Hvaal Durban, WSS product marketing manager for marine products said…
Foss Orders Newbuild Modular Barge
Foss Maritime is building a new ocean-going barge that will give the company an additional asset to transport large modules both domestically and internationally.
NRL Models Deepwater Horizon Oil Spill
Dr. Jason Jolliff is an oceanographer with the U.S. Naval Research Laboratory (NRL). "The emphasis here," he says, "is on developing models of the ocean environment to help the naval warfighter." His most recent paper, published in Ocean Modeling (March 2014), shows NRL can also forecast where oil will go following a major spill. "If you're going to do forecasting," he says, "you have to get the ocean circulation correct.
Nine Ships Detained in the UK During February
The U.K. Maritime and Coastguard Agency (MCA) announced that nine foreign flagged ships were under detention in U.K. ports during February 2014 after failing Port State Control (PSC) inspection.
Today in U.S. Naval History: March 17
Today in U.S. Naval History - March 17 1898 - USS Holland, first practical submarine, launched 1942 - United States Naval Forces Europe established to plan joint operations with British 1958 - Navy Vanguard rocket launches 3.25 pound sphere from Cape Canaveral 1959 - USS Skate (SSN-578) surfaces at North Pole For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Babcock Completes DSV Refit for Bibby
Babcock has completed a contract to undertake a substantial refit on Bibby Offshore’s dive support vessel (DSV), Polaris, at its Rosyth dockyard. The project was Bibby’s largest ever refit package and underlines Babcock’s move to expand its role in the maintenance and refitting of complex oil and gas support ships. The Bibby Polaris vessel is one of Bibby’s international fleet consisting of eight subsea support vessels, including the most modern fleet of DSVs in the North Sea.