Osum Oil Sands To Buy Shell's Orion Project For C$325 mln
Osum Oil Sands Corp, a private energy company chaired by former Suncor Energy Inc Chief Executive Rick George, agreed on Tuesday to buy Shell Canada's Orion oil…
A Summer Of Sailing At Lerwick Harbor
Lerwick Harbor is set to cast off for a summer of sailing with a series of local and international events attracting several hundred crew, beginning this week with the arrival of entrants in the Round Britain & Ireland Yacht Race. Sandra Laurenson, Lerwick Port Authority Chief Executive, said: ”The harbour will again be playing host to a number of sailing enthusiasts, many of them repeat visitors,…
Business As Usual At All PAK Ports
All operations are being carried out smoothly, with no delays or disruption, at Pakistan's sea ports (Karachi and Port Bin Qasim), despite the attacks on Karachi Airport over the past two days.
Gazprom’s Shares Included In Top Quotation List Of Moscow Exchange
The Moscow Exchange yesterday included Gazprom's shares in the First Level of the List of Securities Admitted to Exchange Trading. The First Level is the top quotation list shaped by the brand new listing rules of the Moscow Exchange, unifying securities which were – until today – a part of Quotation Lists A, Level 1 and Level 2. Inclusion of Gazprom's shares into the top quotation list expands the range of potential Russian investors in the Company's securities…
Foster Wheeler Honored With UK's RoSPA Award 7th Time
Foster Wheeler AG (Nasdaq: FWLT) announced today that the UK subsidiary of its Global Engineering and Construction Group has been awarded, for the seventh successive year, the prestigious Order of Distinction Award for Occupational Health and Safety by the UK’s Royal Society for the Prevention of Accidents (RoSPA). The award will be presented during a ceremony in London on 17 June. The Order of Distinction…
W Marine Orders Green Dolphin 84s Design Bulk Carrier
Greek shipowner W Marine Inc. has ordered a series of post-Panamax bulk carriers based on the Green Dolphin 84S design. The design was developed by the Shanghai Merchant Ship Design & Research Institute (SDARI) with support from DNV GL. Managing Diriector of W Marine Inc., Nikolaos Triantafyllakis says: “The aim of the company, in line with the wishes of its founder, Yiannis Sarantitis, is to build up a homogeneous fleet of vessels ranging in size between Panamax to post-Panamax.
Kara-Winter-2014 Ice Expedition Successfully Completed
The Kara-Winter-2014 Ice Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution was successfully finished. It has become the largest expedition in the Arctic Ocean since the USSR collapse. Within 63 days scientists have been studying least developed areas of three northern seas: the Laptev…
Automated RTG System Order For Konecranes From Indonesian CT Operator
Konecranes has signed an agreement to deliver an Automated RTG (ARTG) system to Indonesian state-owned terminal operator PT Pelabuhan Indonesia III (Persero), (“Pelindo III”). This will be the world’s first commercially operational Automated RTG system. The order comprises 11 ARTG cranes, Remote Operating Stations (ROSs) and container yard automation infrastructure such as intelligent container stack gates. Delivery is scheduled for 2015.
Civil Works Funding of U.S. Army Corps lauded
Waterways Council, Inc. (WCI) today praised the House Appropriations Committee’s Energy & Water Subcommittee approval, by unanimous voice vote, the FY ’15 appropriations bill that funds the U.S. Army Corps of Engineers’ Civil Works program. Fiscal year 2015 funding for the Corps’ Civil Works mission is $5.493 billion, an increase of $25 million above the FY ’14 enacted level and nearly $1 billion ($959.5 million) above the President's budget request.
Bhavnagar Port May Restrict Vessel Arrivals At Inner Anchorage
During the south west monsoon, the port conservator/port officer of Bhavnagar Port reserves the right to restrict the number of vessels arriving at Bhavnagar Port for loading/unloading purpose in inner anchorage, keeping in view the adverse weather conditon as well as tidal streams for the safety of the port and the vessel. As of now, during fair weather, maximum three cargo vessels are allowed at inner anchorage. Source: Gujarat Maritime Board
Aker Philadelphia Shipyard forms Philly Tankers
Aker Philadelphia Shipyard and financial sponsors, including American Shipping Company and funds affiliated with Apollo Global Management, create pure play Jones Act shipping company, Philly Tankers. Aker Philadelphia Shipyard ASA (OSE: AKPS) is pleased to announce the planned establishment of Philly Tankers AS, a Norwegian limited liability company, and its wholly-owned subsidiary, Philly Tankers LLC, a Delaware limited liability company (together “Philly Tankers”).
Norway Discusses the Future of DP
Representatives from Norway’s shipbuilding industry recently gathered in Ålesund for a Dynamic Positioning (DP) sensor technologies workshop held by Sonardyne International Ltd., Guidance Marine and Veripos. Vessel operators, shipyards, dynamic positioning suppliers and system integrators from across the region gathered to discover the latest advances in Position Monitoring Equipment (PME) and discuss the future requirements of the industry.
Shipbuilder Holds Open Day to Celebrate 40th Anniversary
A shipbuilder is celebrating its 40th anniversary by staging an open day to coincide with the International Festival of Business Mersey Maritime and Shipping Innovation event. MCTAYS, the shipbuilding subsidiary of HS Ocean Holdings (HSOH) is hosting the open day on Friday 13th June at its yard in Birkenhead on the banks of the River Mersey. Peter Breslin, Managing Director of MCTAYS, said the open…
Washington State Refineries To Use Benchmarking Methodology
Solomon Associates has announced it has been working in collaboration with the refining industry and state officials in Washington to assist in establishing a…
Trelleborg Gives Insight Into Long-Term Strategy
Trelleborg Group held its Capital Markets Day in Stockholm, Sweden. It included presentations that provided deeper insight into the long-term strategic choices on which the Group has chosen to base its work, and on specific priorities that will represent focus areas for each of the business areas in the near future to achieve their growth and profitability targets. Peter Nilsson, President and CEO of Trelleborg Group…
Alekseev Chooses FORAN for the Ekranoplany Design
Alekseev Hydrofoil Central Design Bureau (Alekseev HCDB) has signed an agreement with SENER Ingeniería y Sistemas (SENER) for the license to use the FORAN CAD/CAM System, developed by SENER. The design of the mythical “Ekranoplany” highlights among the different activities that Aleekseev is developing with FORAN, a revolutionary design between a heavy aircraft and a light boat. FORAN will be the design tool in Alekseev with more than 100 hundred of users.
Bibby Ship Management Grows in the Offshore Sector
Bibby Ship Management has secured a contract to supply crew management services for Chevron’s floating storage unit, the Alba-FSU. The crew will provide operating, loading and equipment handling services on the Alba Floating Storage vessel. Mark Robertshaw, Managing Director, Bibby Ship Management – Isle of Man said: “This is an important contract for us as it underpins Bibby Ship Management’s continued growth as a trusted business partner in the offshore sector.
Unique Hydra Unveils the HYDRACraft Series
Unique (UH), a division of the Unique Maritime Group (UMG), received its second order this year for its diving daughter craft system called the HYDRACraft. Unique Hydra has spent the past 12months engaging with clients to understand their diving daughter craft operational and equipment requirements and developing a purpose built vessel which includes a fully integrated dive system. Diving Daughtercraft…
Agenda For June 19 Public Meeting on NPREP Guidlines
Leaders of the maritime industry will convene in Washington, D.C. on June 19 with representatives of the relevant government agencies to have a dialogue addressing concerns with, and ways to improve, the recently published draft National Preparedness for Response Exercise Program (NPREP) guidelines. Preparing for the contingency of a maritime casualty has long been a priority of the industry, which has often been at the leading edge of improved standards and training.
McDonald Promoted to EVP at Ingram Industries Inc.
Ingram Industries Inc. announced the promotion of Vice President and Deputy General Counsel Eleanor McDonald to Executive Vice President and General Counsel and Secretary, effective July 1. Orrin H.