Acclaimed Launches EPOCH for OMM
Software specialists The Acclaimed Software Company Ltd. announced the development of EPOCH , a marine management system on behalf of Offshore Marine Management Limited (OMM).
Smugglers Found Guilty in Death of Coastguardsmen
The U.S. Coast Guard released Friday the Final Action Memorandum of an administrative investigation into the death of Senior Chief Terrell Horne, III during a law enforcement mission on December 2…
Bouchard Names Glas VP of Regulatory Affairs
American independently owned oceangoing petroleum barge company, Bouchard Transportation, has promoted Captain Robert W. Glas to Vice-President of Regulatory Affairs. Captain Glas will interact with regulatory committees and trade organizations on behalf of Bouchard Transportation Co, Inc., reporting directly to the Executive Vice President, Michael S. Brady. Captain Glas has been with Bouchard Transportation Co., Inc.
RINA Granted Danish LNG Fuel Authority
International classification society RINA has been authorized by the Danish Maritime Authority to act on its behalf to carry out plan approval and surveillance during construction on board ships using LNG as marine fuel. The authorization is valid for ships flying the Danish Flag. Andrea Cogliolo, head of innovation, RINA Services, said, “This authorization recognizes RINA’s expertise with gas and…
W&O Expands Engineered Solutions Team
W&O, a global supplier to the marine and marine offshore markets for pipe, valves and fittings, valve automation and engineered solutions, announced the expansion of its Engineered Solutions team. John Catanzaro and Marc Lagattuta have joined W&O to provide its customers and OEM partners with an exceptional level of service as the company further develops its Engineered Solutions portfolio. “W&O is continually evolving…
Zhurbenko Named DA-Desk Agency Relationship Manager
DA-Desk, an independent provider of port cost management services, today announced the promotion of Anna Zhurbenko to Agency Relationship Manager, replacing the retiring head of the department, Bert Hoogenboom. Zhurbenko, who has been with DA-Desk since 2011, was formerly Assistant Operations Manager. In her new capacity, Zhurbenko will focus foremost on developing new services designed to provide value to agents and owners/operators alike.
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.
Stolt-Nielsen Completes Bond Issues
Stolt-Nielsen Limited announced today the successful placement of senior unsecured bonds in a total amount of NOK 1,250 million (approximately $207 million USD) in a new seven-year bond issue carrying a coupon of 3m Nibor + 3.35%. The settlement date for the new bonds is expected to be March 18, 2014 and the maturity date for the new seven-year bond issue is expected to be March 18, 2021. An application will be made for listing the bonds on the Oslo Stock Exchange as soon as possible.
USCG To Host Search and Rescue Forum
The U.S. Coast Guard and Virginia Port Authority will host a five-day search and rescue forum starting Monday, focusing on topics including maritime search and rescue training…
Harley Orders Two Newbuild Tank Barges from Vigor
Vigor Fab has been awarded a contract to build two 83,000 bbl. tank barges for Harley Marine Services, Inc. The 422’x 76’ x 27’ tank barges, designed by Elliott Bay Design Group to be part of articulated tug and barge configurations, will be among the largest vessels constructed for Harley Marine’s fleet. Construction will begin this month at Vigor’s 60-acre shipyard in Portland, Ore. With an 800 foot buildway…
Schottel Promotes Two Executives
Schottel Inc. of Houma, Louisiana , announced that Hank Morgan has been promoted to Vice President, Sales and Service, and James Fremin has been promoted to Vice President, Finance. Schottel said it has seen a strong growth in the North American market place over the last 10 years and has recently expanded and realigned their organization to support their customers in a more efficient way. The new…
Ukraine Withdraws Coastguards from Crimea, Navy Stays Local
Reuters - Ukraine said on Sunday its navy's fleet of 10 warships in the Crimean port of Sevastopol had not left the port and remained loyal to the government in Kiev.
Lamprell Sells Services Division to Pay Down Debt
Reuters - Dubai based rig-maker Lamprell said on Monday it sold its International Inspection Services (INSPEC) division to Intertek for $66.2 million to reduce its debt and focus on its core business.
STX Offshore Wins $388M Order for 8 Tankers
Reuters - South Korea's STX Offshore & Shipbuilding Co Ltd said on Monday it won a 413.8-billion won ($387.63 million) order to build eight tankers from from Navig8 Product Tankers Inc.
Today in U.S. Naval History: March 3
Today in U.S. 1776 - First amphibious landing operation. Continental naval squadron under Commodore Esek Hopkins lands Sailors and Marines, commanded by Captain Samuel Nicholas…
Coal Prices Jump on Russian Gas Cutoff Fears
Reuters - European physical coal prices rose on Monday along with gains in gas, power and crude oil markets across the region, reflecting escalating tensions between Russia and Ukraine.
Pacific Rubiales Tenders to Sell Castilla Crude
Reuters - A unit in Colombia of Toronto-based oil firm Pacific Rubiales launched a tender to sell two 1-million-barrel cargoes of heavy Castilla crude for delivery in April…
Ukraine Crisis Pushes up Gold, Oil, Grains
Gold, crude oil and grains surged on Monday while industrial metals slid as investors reacted to escalating tensions between Moscow and Kiev after the Russian military…
Boskalis Acquires Fairmount Companies
Royal Boskalis Westminster N.V. (Boskalis) announces that it has reached an agreement to acquire Fairmount Marine B.V. and Fairmount Ocean Towage Company B.V. (Fairmount) from the French group Louis Dreyfus Armateurs. The transaction values the company at an average multiple of approximately six times EBITDA. Fairmount is a global provider of long distance ocean towage services operating five 205 metric tons bollard pull towing vessels with anchor handling capabilities.
Sovcomflot Takes Delivery of Dual-Fuel Power
Sovcomflot, Russia’s largest shipping company, has taken delivery of its latest LNG carrier, the Velikiy Novgorod, from South Korea’s STX Offshore & Shipbuilding. The ship is equipped with a diesel-electric, dual-fuel propulsion system consisting of 2 × MAN 8L51/60DF and 2 × MAN 9L51/60DF engines, offering a total rated power of 34 MW, which were constructed at MAN Diesel & Turbo’s Augsburg plant in Germany.