Suezmax Vessel Delivered to NAT
Nordic American Tankers Limited (NAT) took delivery of its 21st Suezmax vessel, the Nordic Sprinter, built in 2005 at a shipyard in Korea. NAT agreed to purchase…
Ivory Coast Bond Orders More than Six times Issue Size
Ivory Coast received orders for a $750 million dollar bond of more than six times the issue size, one of the lead managers said on Wednesday. Ivory Coast launched…
Today in U.S. Naval History: July 16
Today in U.S. Naval History - July 16 1862 - Congress creates rank of Rear Admiral. David G. Farragut is named the first Rear Admiral 1912 - Rear Admiral Bradley Fiske receives patent for torpedo plane or airborne torpedo. 1915 - First Navy ships, battleships Ohio, Missouri, and Wisconsin transit Panama Canal. 1945 - First atomic bomb test at Alamogordo, N.M. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Argentine Grains Workers Threaten to Extend Strike
Grains inspectors who began a strike on Wednesday in Argentina's pivotal Rosario export hub will extend it for a second day if there is no progress on their demand for higher salaries…
ACL Recognizes Safe Liquid Cargo Handlers
American Commercial Lines presented Marine Environmental Stewardship Awards on Wednesday, July 16 in Houston, Texas, recognizing 35 customers for safe handling of chemicals, petroleum products and other liquid cargos. The customers recognized by ACL safely handled over two billion gallons of chemicals, petroleum products and other liquid cargoes with the barge transportation company in 2013. Recipients of the award are: Axiall Corporation…
China Seeks to Build Shipping Railways in Brazil
Brazil hopes that during a visit by Chinese President Xi Jinping it can boost ties with its biggest trade partner beyond the exchange of commodities for manufactured goods…
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.
China Studies Floating Gas Plants for South China Sea
Chinese energy giant CNOOC Group is studying the possibility of building a multibillion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea. While the state-run company has made no public announcement, a pre-feasibility study was well under way, CNOOC and other industry officials said. CNOOC was already talking to global engineering firms about possible joint design of the vessel…
Mundra SEZ of Adani's gets Environmental Clearance
Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and part of the Adani Group, today said it had received the environment and coastal regulation zone clearance from the Union Ministry for Environment and Forests, for its 8,481 hectares special economic zone in Mundra. The clearance will now allow APSEZ, which operates India’s only port-based SEZ, to set up a mega desalination plant…
Piedmont Natural Gas Gifts $500,000 to THRIVE Campaign
Piedmont Natural Gas today announced a major gift to the THRIVE campaign, a donor-led initiative managed through a partnership with Foundation for the Carolinas, in support of the arts and cultural sector of Charlotte. The Company’s gift of $500,000 will help the THRIVE campaign establish a sustainable platform for long-term funding and growth of the arts and culture industry in Charlotte. Funding of the arts in recent years has faced significant challenges due to declines in workplace giving…
Lowrance Announces Outboard Pilot
Lowrance, a world-leading brand in fishing electronics since 1957— announced today its all-new Outboard Pilot for use with the Lowrance High Definition System (HDS) series. This easy-to-use autopilot system allows fingertip steering of the outboard engine— giving anglers an “extra hand,” so they can focus more on their fishing activity. Featuring integrated control froman HDS Gen2 orHDS Gen2 Touch…
Sergey Gustov Takes charge of Gazprom LNG Saint Petersburg
Sergey Gustov was appointed Director General of Gazprom LNG Saint Petersburg. Sergey Gustov was born in the Vladimir Region in 1969. In 1992 he graduated from Plekhanov Saint Petersburg State Mining Institute, majoring in Technology and Comprehensive Mechanization of Strip Mining. He is a PhD in Engineering. Between 1998 and 1999 Sergey Gustov was Deputy Director for Cooperation with State-Funded Entities of Mezhregiongaz affiliate in the Leningrad Region.
TerraSond Gets 5-Year NOAA Survey Contract
TerraSond says it has been selected by the National Oceanic and Atmospheric Administration (NOAA) to provide hydrographic surveying services anywhere in the U.S under a new five-year contract. Under the new contract beginning in 2015, TerraSond will provide comprehensive, modern hydrographic surveys in assigned areas to support NOAA’s nautical charting mission, which includes the updating of charts in critical areas for navigation safety.
Busiest June in 7 Years at Port of Long Beach
Cargo container volume rose 8 percent in June at the Port of Long Beach, compared to the same month last year. With more than 610,000 TEUs (twenty-foot equivalent units) moved, last month was the busiest June since 2007, which was the busiest year for container cargo at Long Beach. Terminals handled a total of 610,516 TEUs in June 2014. This included 316,054 TEUs of imports, which is an 8.8 percent increase.
Seaspan Acquires 4th 10000 TEU SAVER Containership
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the MOL Bravo. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design, is Seaspan's fourth of five 10000 TEU SAVER design containerships scheduled for delivery in 2014. The MOL Bravo will commence an eight-year, fixed-rate time charter with Mitsui O.S.K. Lines Ltd. ("MOL").
Angarsk Petrochemical launches Euro 5 fuel Production
Angarsk Petrochemical Company, a part of Rosneft processing cluster, has shipped the first lot of Premium-95 fuel compliant with the Euro-5 standard. The production of Euro-5 fuel was provided by the investment program realization on full-scale modernization of the enterprise aiming at full transition to production of fuel compliant with the Euro-5 standard. As part of the program, a state-of-the-art fully automatic fuel blending unit was put into operation since 2012.
AWO Congratulates Jaenichen on MARAD Confirmation
The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, has offered its congratulations to Paul “Chip” Jaenichen on his successful Senate confirmation as U.S. Maritime Administrator. “Administrator Jaenichen has shown tremendous leadership in his role as Acting Administrator and AWO members are very pleased that he has been confirmed by the Senate to lead the Maritime Administration…
CEVA launches City of Energy in Middle East
CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub, which covers an area of 27,000 sqm of warehouse space and 10,000 sqm of yard space, is strategically located in Jebel Ali Free Zone in Dubai and is fully dedicated to the warehousing and handling of oil and gas products for the Energy sector.
Seattle-Based Coast Guard Cutter Gets New Commanding Officer
Capt. Brendon McPherson relieved Capt. Laura Dickey as commanding officer of Coast Guard Cutter Midgett, a 378-foot high endurance cutter homeported in Seattle, during a change-of-command ceremony presided over by Vice Adm. Charles Ray, commander of Coast Guard Pacific Area, held at Coast Guard Base Seattle, July 16, 2014. Dickey is transferring to Washington, D.C., to serve as the special advisor for homeland security to the vice president of the United States.
Arctic Marine Oil Pollution Prevention: Task Force Meets
When the Arctic Council’s Task Force on Arctic Marine Oil Pollution Prevention (TFOPP) met recently in Ottawa, it says it took important steps towards developing the Action Plan for oil pollution prevention mandated by Ministers in Kiruna. The Task Force is focused particularly on potential safety measures to prevent oil pollution from maritime and petroleum activities. The Arctic Council’s Task Force…