Lockheed, Austal Respond to U.S. Navy Query on Small Warship Ideas
Lockheed Martin Corp and Australia's Austal on Thursday submitted their best ideas for the U.S. Navy's next small warship, as a Navy task force continues to reassess the future of its $34 billion Littoral Combat Ship (LCS) program. The Navy last month asked U.S. and foreign weapons makers to submit cost and technical data on ship designs and weapons to inform the work of a task force that is due to report on various options by July 31, in time to help shape the Navy's fiscal 2016 budget request.
Liebherr LHM 550 for Terminal du Grand Ouest
Located at the French Atlantic coast, Terminal du Grand Ouest (TGO) has opted for its first Liebherr mobile harbour crane (LHM), type LHM 550. TGO is the single container and breakbulk terminal operator at Montoir de Bretagne/Saint-Nazaire. Moreover, the company also specializes in scrap metal handling. Due to increasing business, additional crane capacity was required. TGO offers multiple services and demanded a versatile machine.
OW Bunker Strengthens Physical Distribution Capabilities
Panama Canal to play a key role in changing regional marine fuel dynamics. OW Bunker has announced that it has time chartered an additional barge in Panama to further strengthen its physical operations. The move reinforces the company’s ongoing commitment to its customers operating along the Panama Canal, helping them to effectively navigate the region’s changing fuel dynamics. OW Bunker’s new vessel in the region is the 3778 dwt…
Caterpillar Secures Complete Propulsion Systems Order
Caterpillar Marine announced that Cat power and propulsion solutions have been selected to provide an optimized tug package for a 55T ASD tug new build for Remolcadores Marracoi SL (REMARSL).
Waterways Council, Inc. Welcomes WRRDA Passage
Urges President’s Signature into Law. Waterways Council, Inc. (WCI) today celebrated the passage of the Water Resources Reform Development Act (WRRDA) of 2014, containing major recommendations of the Capital Development Plan (CDP*). WCI urges the President to sign the bill into law. The conference agreement passed the House on Tuesday by an overwhelming 412-4 vote. Today’s Senate passage by a strong…
Marathon Traders Gain E.Coast foothold with Hess Deal
Marathon Petroleum Corp is poised to expand its growing Midwest and Gulf Coast fuel trading operation to the East Coast with Thursday's deal to buy Hess Corp's retail network and transport contracts.
U.S. Senate passes $12.3 billion WRRDA Bill
The U.S. Senate on Thursday overwhelmingly approved legislation that authorizes spending on inland waterways and port infrastructure, and tackles flood protection and measures to limit damage from storms. The Water Resources Reform and Development Act (WRRDA) passed by 91 to 7 after being approved by the House of Representatives on Tuesday in a lopsided vote of 412 to 4. It now goes to President Barack Obama, who is expected to sign it into law. The $12.3 billion bill, the first major U.S.
Kurdistan defies Baghdad in Crude Oil Sale
Move likely to infuriate Iraqi government in Baghdad; first 1 million barrel cargo being loaded at Ceyhan, Turkey. Tanker scheduled to sail later on Thursday, buyer not identified.
GAC Bunker Fuels' additional services at Galle, Sri Lanka
GAC Bunker Fuels and its local partner in Sri Lanka, Interocean Energy (IOE), have moved the bunker barge MT 'Kandy' to Galle to meet growing demand for bunker supplies at the port on the southern tip of the island nation. Thanks to its proximity to international east-west shipping lanes, Galle is a popular choice for vessels taking on supplies. For more than two decades, the GAC Group has taken advantage of that strategic location…
Holland America Line Named 'Marine Environmental Business of the Year'
Holland America Line was named the 2014 Marine Environmental Business of the Year by the Port of Seattle. Port commissioner Courtney Gregoire presented the award to Keith Taylor, senior vice president, fleet operations, at the Seattle Propeller Club’s Maritime Festival Lunch held Tuesday, May 13, 2014, aboard Carnival Miracle, which was docked at Port of Seattle. The cruise line was recognized for…
Fastnet Oil & Gas Plc Provides Africa & Celtic Update
Ahead of investor meetings today, Fastnet, the E&P company focused on exploring in Africa and in the Celtic Sea, provides an update on its operations, including its proposed forward work programmes and farm-out activities. An updated corporate presentation is now available on the Company's website (http://www.fastnetoilandgas.com/investor-relations/presentations/2014.aspx) providing an overview of the Company's recent corporate developments and its asset portfolio.
Maersk Drilling profits down to USD 116m Q1 2014
Maersk Drilling delivered a profit (NOPAT) of USD 116m (USD 146m) in the first quarter of 2014. The result was negatively impacted with USD 30m compared to the first quarter result last year mainly due to planned yard stays and the intake of two new rigs. “2014 is a year of execution in progressing on Maersk Drilling’s ambitious growth strategy. As expected our first quarter result is negatively impacted by planned yard stays and the intake of two new rigs in our fleet.
Biggest Vessel Calls At DP World Vietnam Terminal
In another landmark event,the biggest ever vessel to call at the DP World operated Saigon Premier Container Terminal (SPCT) in Ho Chi Minh City, Vietnam, arrived this week. The NYK owned Northern Genius, with a nominal TEU (twenty foot equivalent container unit) capacity of 4,300 and dwt of 54,000 sailed up the 54kms new Soai Rap River channel following its opening earlier this year. The Soai Rap channel has made SPCT the deepest Ho Chi Minh City (HCMC) port…
Rolls-Royce secures award for four Finnlines Ships
Rolls-Royce has been contracted to install its innovative Promas Lite propulsion system on four Finnlines ships, all to be delivered later this year. Promas Lite is an integrated propeller and rudder system that increases efficiency and is designed specifically for retrofitting to existing ships. Finnlines is part of the Grimaldi Group, which has over three years of experience with Rolls-Royce on a series of projects to re-blade propellers to improve efficiency.
Mumbai Harbour wall berthing
With effect from 1 June 2014, Mumbai Harbour wall berthing at 18, 19, 20 and 21 Harbour Wall vessels will berth starboard side alongside and will have draft restriction of 8.5 meters. Vessels may berth port side alongside at 18 habour wall depending upon the weather and tidal conditions. No immobilization will be allowed at outer berths, i.e., BOS, BPX, 18, 19, 20, 21 and 22 Harbour wall. Source: Mumbai Port Trust Marine Department Shipping Circular
Argentina Won Lottery With Vaca Muerta Shale Field - Chevron
Argentina has won the "geological lottery" with its 1,000-foot-thick Vaca Muerta shale oil and gas field in Patagonia, a spokesman for Chevron said on Thursday, as the U.S. energy giant increases its investments in the country. The company and state-owned oil firm YPF announced plans last month to invest an additional $1.6 billion to develop Vaca Muerta. "The shale play in Argentina is unique because of the rock. Its thickness.
Fleet Week New York Kicks Off at Grace Mansion
Fleet Week New York (FWNY) now in its 26th year, is the city's time-honored celebration of the sea services. New York City Mayor Bill de Blasio hosted a breakfast and press conference honoring Sailors, Marines and Coast Guardsmen at Gracie Mansion, May 22. The weeklong celebration is an unparalleled opportunity for the citizens of New York and the surrounding tri-state area to meet Sailors, Marines and Coast Guardsmen…
Duke Energy To Clean Up Ash In Dan River
Duke Energy Corp has agreed to find and remove coal ash that a retired North Carolina power plant spilled into the Dan River, which provides drinking water to two towns in nearby Virginia, U.S. environmental regulators said on Thursday. The U.S. Environmental Protection Agency (EPA) will oversee the cleanup, and Duke will reimburse EPA for current and future costs, a statement issued by the EPA said. On Feb.
Foss Maritime Celebrates 125th Anniversary
Seattle's Foss Maritime, a company that has evolved from a single rowboat into one of the world's leading marine transportation and harbor services companies, informs that it celebrates its 125th anniversary this year. The company was founded in Tacoma, Washington by Thea Foss in 1889, and now serves customers around the world, operating over 130 vessels and employing 1,500 people. "We have great and strong traditions here at Foss…
HII Hosts Defense UnderSec Frank Kendall
defense for acquisition, technology and logistics, for a tour of the company's Newport News Shipbuilding division. Kendall visited the shipyard to learn more about cost-reduction efforts and to see the construction progress on the aircraft carriers Gerald R. Ford (CVN 78) and John F. Kennedy (CVN 79). Sean J. Stackley, assistant secretary of the Navy for research, development and acquisition, and Rear Adm.