Australia Proposes Coastal Trading Overhaul
On April 8, 2014 the Deputy Prime Minister and Minister for Infrastructure and Regional Development, the Hon Warren Truss MP, announced the release of an options…
Indonesia Ports Unaffected by Election
Indonesia's General Election will take place tomorrow, Wednesday, April 9, and the day will effectively be a public holiday for most government institutions and subcontractors.
WFW Advises FPSO Joint Venture Debt Financing
International law firm Watson, Farley & Williams Asia Practice LLP (WFW) said it advised a joint venture involving M3nergy and PT Transamudra as sponsors on a $182…
Britain Warns Scots: Independence would Hurt Energy Industry
Britain on Tuesday warned Scots that voting for independence would put jobs and investment in the Scottish energy industry at risk, threatening the commercial viability…
EBDG Engineer among Missing in Mudslide
Elliott Bay Design Group (EBDG) said in announcement today that engineer Steve Harris is among those missing in the recent Oso disaster. Although he has not yet been found, the level of devastation wrought by the mudslide in Snohomish County makes it unlikely that authorities will locate survivors. Steve's wife Theresa was also among the missing. “Our hearts go out to Steve's loved ones as well as those of the other Oso victims during this time of uncertainty,” the EBDG statement said.
AEP Barges into the Liquid Transport Markets
Answering the needs of longstanding clients, bulk transport giant AEP dips its toes into the liquid transport arena. AEP River Operations needs no introduction for most MarineNews readers. One of the true river giants operating on America’s domestic inland waters today, AEP is headquartered in St. Louis, Missouri, and is primarily known as a barge company that provides transportation of dry bulk commodities throughout the inland river system.
Engineering Efficiency on the Paraná
A North American design tailored for South American operation: the new fleet of diesel-electric push boats engineered by Robert Allan Ltd. (RA) brings an improved level of performance to the Paraná River. The Paraná River flows some 3,000 miles through Brazil, Paraguay and Argentina, meeting the Paraguay River and then farther downstream the Uruguay River before eventually emptying into the Atlantic Ocean at Buenos Aires.
The Offshore Service Vessel Dynamic Positioning Authority
In a recent study, two groups were shown the same painting; one group was told it was painted in 1905, the other was told 2005. Not surprisingly, the first group…
Boat of the Month: M/V HOS ACHIEVER
Accommodations, Features and Comfort combine with Safety. All are key for Offshore Housing missions. Deepwater operations are increasingly demanding more personnel offshore, often for longer periods of time, placing a greater emphasis on crew accommodation. Now, accommodation and special features join safety as the key components for a new range of comfortable, large-scale offshore housing vessels. Emerging in this range is Hornbeck Offshore Services’ HOS Achiever.
U.S. Crude Surges on Weak Dollar, Ukraine Concerns
Global oil prices surged on Tuesday as a weaker U.S. dollar boosted buying, while expectations for bullish inventory reports in the U.S. and fresh unrest in eastern Ukraine lent support. As the U.S.
Insights - Paul Hankins, President American Salvage Association
This month’s editorial calendar has, in part, as its focus, oil pollution, prevention and response. Or, in other words, missions and matters that cut to the very heart of the American Salvage Association (ASA) and the goals of its considerable membership. This month, ASA President Paul Hankins weighs in on a host of issues that impact the rapidly evolving world of salvage, the players that make up that sector of the marine industry, and why all of that is important. Mr.
Even if, as Marcon International’s Bob Beagle says, barges are the workhorses of the towing industry, then the pushboats that propel the 38,000 (documented and undocumented) deck, hopper, tank, crane and miscellaneous purpose barges to their destinations are the heart and soul of the most efficient – and greenest – means to move cargo known to man. This month, we take a close look at what’s developing for both types of hulls…
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.
Med Crude-Kazakh CPC Strengthens, Azeri Exports to Drop
Kazakh CPC Blend crude strengthened on Tuesday as the outlook soured for the resumption of rival Libyan oil exports and a loading programme showed lower Azeri loadings in May.
South Sudan Awards Two Mineral Exploration Licences
South Sudan has awarded provisional licences to two companies for mineral exploration as it attempts to diversify the economy away from oil, a government official told Reuters on Tuesday.
Petrobras Secures $1.8b Loan for Refinery
Petroleo Brasileiro SA borrowed 4 billion reais ($1.8 billion) in a 17-year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil…
Houlder Attracting Houston’s Offshore Engineering Talent
U.K.-based engineering group Houlder has launched a new venture to support clients headquartered in the United States following an increasing number of successful global projects for oil majors, operators and service providers. Houlder Americas Inc. opened its San Felipe Plaza doors earlier this year and is already undertaking work for a growing number of clients including Ensco and Schlumberger. Key…
Energy Industry Needs Insurance Against Cyber Attacks
Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a "time bomb" that could cost the industry billions of dollars.
Baltic Sea Freight Index Down, Capesize Rates Slump
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for an 11th straight session on Tuesday, mainly driven…
Russia: European Demand for O&G May Flag
A Russian deputy economy minister said on Tuesday that he did not rule out weaker European demand for Russian oil and gas due to tension over Ukraine. Andrei Klepach…