Northrop Grumman Awarded US$88-Million Navy Contract
According to the US Department of Defense, Navy, Northrop Grumman Systems Corp., Charlottesville, Va., is being awarded an $88,153,800 contract to acquire integrated bridge systems and steering/ship control systems, related hardware and associated services. DoD explains that the systems are comprised of chart servers, network interface boxes, flat panel displays, radar systems, navigation software…
Alstom Accepts 10 Bln Euro GE Bid For Its Energy Unit
The board of Alstom accepted General Electric's 10 billion euro ($13.82 billion) bid for its energy unit on Tuesday, several sources familiar with the situation told Reuters. Sources said GE is not in exclusive talks with Alstom. The French transport-to-turbines group is also set to receive an offer from its much larger German competitor Siemens AG , which said it had sent a letter to Alstom after its managing and supervisory boards had decided to make an offer.
Classification Society ABS Selects Key Advisors
Following the 151st Annual Meeting of Members and of the Board of Directors ABS informs that industry leaders were elected and appointed to serve on several bodies that contribute to the operation of the classification society as it fulfills its mission of promoting the security of life and property and preserving the natural environment. “ABS is proud to announce such a strong group of marine and…
Southern Co delays advanced coal plant to 2015 amid rising costs
Southern Co will take a $235 million charge in the first quarter and delay the startup of its $5.5 billion coal-gasification power plant in Kemper County, Mississippi, the company said in a filing with regulators on Tuesday. Southern Co, based in Atlanta, is scheduled to release its first-quarter earnings on Wednesday. Southern has previously taken $729 million in charges related to more than $1 billion in cost overruns at the 582-megawatt Kemper County plant…
Huntington Ingalls Appoints Jonathan Padfield as Corporate Director
Huntington Ingalls Industries (NYSE:HII) announced today that Capt. Jonathan Padfield (U.S. Navy, Ret.) has joined the company as Corporate Director of Customer Affairs for amphibious programs. Padfield, whose last assignment for the Navy was commanding officer, Assault Craft Unit Five, began his new position on Monday. "Jon brings a wealth of leadership and maritime experience to our company, and he is going to be an excellent fit for our team…
Tall Ship Christian Radich Returns For Dry Docking
A&P Tees, part of the A&P Group once again welcome the Christian Radich for dry docking. The three masted, 72 x 10m vessel plans to stay for 30 days. The Scope of Work includes cleaning and painting, removal of bow spirit for repairs, tank steel repairs/renewals including riveting, replacement of water tank, conversion of forepeak tank to black water tank, renewal of funnel exhaust pipes and replacement galley flooring.
BP Reports Q1 Results; Increases Dividend
BP today announced its financial results for the first quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8.2 billion. The company also announced a quarterly dividend of 9.75 cents per ordinary share to be paid in June, 8.3% higher than a year earlier.
Foster Wheeler Awarded Contracts By Pemex For Mexico Refineries
Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group, together with a joint venture partner for the project, Altair Strickland LLC, have been awarded contracts by Pemex Refinación (“Pemex”) for the engineering, design, procurement, construction, commissioning, and start-up of slide valve systems on the Foster Wheeler delayed coker units at two refineries in Mexico: the Hector R.
Fukushima Radioactivity In Tuna off Oregon, Washington
A sample of albacore tuna caught off the shores of Oregon and Washington state have small levels of radioactivity from the 2011 Fukushima nuclear disaster in Japan, researchers said on Tuesday. But authors of the Oregon State University study say the levels are so small you would have to consume more than 700,000 pounds of the fish with the highest radioactive level to match the amount of radiation the average person is annually exposed to in everyday life through cosmic rays…
Stennis Departs Dry Dock
The Nimitz-class aircraft carrier USS John C. Stennis (CVN 74) has today departed the dry dock at Puget Sound Naval Shipyards and Intermediate Maintenance Facility (PSNS & IMF) . The event marked the conclusion of the 9-month dry dock portion of Stennis’ Docking Planned Incremental Availability (DPIA) maintenance period. “This milestone is a big win, not just for the Stennis and PSNS & IMF team, but also for the Navy,” said Stennis’ commanding officer, Capt. Michael Wettlaufer.
US Top Court Upholds Cross-State Air Pollution Rule
The U.S. Supreme Court handed President Barack Obama a victory on Tuesday by upholding a federal environmental regulation requiring some states to limit pollution that contributes to unhealthy air in neighboring states. By a 6-2 vote, the court said the U.S. Environmental Protection Agency acted reasonably in requiring 28 states to reduce emissions from coal-fired power plants of sulfur dioxide and nitrogen oxides, which can lead to soot and smog.
Putin Sees No Need To Sanction West, May Review Energy Ties
Russian President Vladimir Putin said on Tuesday that Moscow saw no need for counter sanctions against the West, but could reconsider the participation of Western companies in its economy, including energy projects. "We would very much wish not to resort to any measures in response. I hope we won't get to that point," he told reporters after meeting with the leaders of Belarus and Kazakhstan. The United…
Fairmount Tugs Deliver Rig to Singapore
Fairmount Marine, a Rotterdam-based marine contractor for ocean towage and heavy lift transportation, announced that its tugs Fairmount Summit and Fairmount Alpine towed rig ENSCO 5006 more than 13,000 miles from Cyprus to Singapore. Before the departure off Limasol, Cyprus, both Fairmount tugs performed anchor handling work for the rig. On request of its owners cargo and crew runs were done during a stop off Las Palmas and a bunker stop was made at Port Nqgura, South Africa.
Offshore Energy Timeline:1806-2014
1806 - Spring pole cable drilling developed in US. 1844 - Fluid circulating rotary well drilling patented in England. 1845 - Circulated fluid used to remove drill cuttings for first time.
Wilson, Watson to Keynote SHIPPINGInsight 2014
Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel. Wilson, president of Laurin Maritime (Americas) Inc. and chief operating officer of Laurin Maritime, and Watson, president and chief operating officer of ABS Americas…
The History of Offshore Energy
Offshore exploration is a history of man v. Prospecting for oil is a dynamic art. From a lake in Ohio, to piers off the California coast in the early 1900s, to the salt marshes of Louisiana in the 1930s, to the first “out-of-sight- of-land” tower in 1947 in the Gulf of Mexico, the modern offshore petroleum industry has inched its way over the last roughly 75 years from 100 ft. of water ever farther into the briny deep, where the biggest platform today, Shell’s Perdido spar, sits in 8,000 ft.
Today in U.S. Naval History: April 29
Today in U.S. Naval History - April 29 1814 - USS Peacock captures HMS Epervier 1898 - U.S. warships engage Spanish gunboats and shore batteries at Cienfuegos, Cuba 1944 - Fast carrier task force (12 carriers) commence two-day bombing of Truk 1975 - Operation Frequent Wind evacuation from Vietnam begins For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Genetic Yacht Lab Maps Sea Life Looking for Cures
A team of scientists has begun collecting the genomes of sea creatures off the Florida coast in the hopes that unmapped species, some of which have the capacity…
Oil Cleanup Continues in Oakland Estuary
Members of the U.S. Coast Guard Sector San Francisco Incident Management Division were notified by the Environmental Protection Agency's (EPA) on-scene coordinator that their contractor, Global Diving and Salvage, Inc. (GDSI), had discovered tar balls and heavy oil while removing sediment from the tug Respect in the Oakland Estuary Oct. 14, 2013. Further research on the Respect showed an estimated 300-500 gallons of oil had been left aboard during removal operations conducted in 1998.
Gov. Christie Selects Port Authority Chair
New Jersey Governor Chris Christie said on Tuesday he has tapped former state Attorney General John Degnan to chair the board of the embattled Port Authority of New York and New Jersey. The board's former chairman, David Samson, resigned in March amid reports that federal prosecutors in Manhattan were looking into a potential conflict of interest between Samson's role as chairman and his private law firm.