Third RAmparts 2500 Tug for SMIT-Rebras
Keppel Singmarine BrasilLtda. (KSMB), of Navegantes, Brazil has recently completed the construction of the SMIT Panará, the third of a series of six Robert Allan Ltd. designed RAmparts 2500 tugs, for SMIT Rebocadores do Brasil (Rebras), of Rio de Janeiro. The SMIT Panará was delivered in May of 2014, and follows its sisters, the SMIT Pataxóand the SMIT Pareci. The RAmparts Series is a standardized…
Libya Reaches Deal to Reopen Brega Oil Port
Libya state oil company National Oil Corp (NOC) has reached a deal with security guards to end a protest at eastern Brega oil port, which is expected to allow the terminal to reopen on Tuesday…
South Korea Police: Body May Be Ferry Disaster Fugitive's
South Korean police are trying to confirm the identity of a body they believe may have been the fugitive head of the family that owned the operator of a ferry that capsized in April…
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.
McDermott Awarded Megalodon Platform Installation
McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter Oil & Gas Corporation for the Megalodon platform destined for South Timbalier Block 311 in the Gulf of Mexico. The project is expected to be included in McDermott’s third quarter 2014 backlog. McDermott will provide all materials and equipment to transport and install the six-pile platform in 391 feet of water, over an existing well site.
Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm
An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for Exxon Mobil Corp.
Wärtsilä and CSSC in 2-stroke engine JV
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture, which will take over Wärtsilä’s 2-stroke engine business. Through the agreement, CSSC will own 70% of the business through its affiliate CSSC Investment and Development Co. Ltd, while Wärtsilä will hold a 30% ownership position. The parties will co-operate in 2-stroke engine technology, marketing, sales, and service activities.
Crystal Cruises to Sail Elusive Northwest Passage
The “World’s Best” Crystal Cruises is introducing a new expedition-style voyage traversing the Arctic Ocean via the legendary Northwest Passage – one so mysterious and remote (500 miles north of the Arctic Circle), that explorers spent centuries seeking the passage, until it was first completed successfully by Roald Amundsen just over 100 years ago. Crystal will be the first luxury cruise line to ever navigate the route…
Coast Guard Foundation's “BUY A BRICK” a Big Success
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced today that its Sault Ste. Marie, Michigan community center program is nearing its goal and that the “Buy a Brick” program is a key component of that success. A top priority for the Coast Guard Foundation, the Sault Ste. Marie Community Center will give Coast…
EXXONMOBIL Files Export Application for Alaska LNG Project
In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy by EXXONMobil. The export application requests authorization to export up to 20 million metric tons per year of LNG for a period of 30 years to countries that have existing free trade agreements with the U.S., as well as to non-free trade agreement countries.
AKR Corporindo to Spend 2.3 trln rph on Industrial, Port Project
PT AKR Corporindo, a distributor of basic chemicals and petroleum products, plans to spend 2.3 trillion rupiah ($198.84 million) on investment in the second half of this year…
Mexico's Senate OKs Bills Expanding Power of Energy Regulators
Mexico's Senate gave general approval on Monday to legislation laying out expanded powers for energy regulators, part of the fine print needed to implement a constitutional…
ICBC Financial Leasing Purchase 2 CIMC Raffles Drilling Rigs
ICBC Financial Leasing Company Limited signed a leasing project with Schahin of two ultra-deepwater drilling rigs during China-Brazil Business Council-Annual Meeting 2014 on 17th July 2014. The contract values $1.08bn and eventually serves for Petrobras. CIMC Raffles played the role of EPC in the two semisubmersible drilling rigs building and delivered them in November 2010 and April 2011, which performed in a good condition in Brazil.
Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA, France for the conversion of Two FPSOs for the Kaombo Project in Offshore Angola. Sembawang Shipyard was awarded this milestone contract on the strength of its capabilities and established track record in the field of FPSO conversion, modification and upgrading work.
Panama Canal: New Lock Gates Transferred to Atlantic Side
ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side. "This is a very important operation because it involved the first movement of the gates from the special dock where they were unloaded to the lower chamber of the new locks," said Panama Canal Authority (ACP) Administrator Jorge L. Quijano.
Flirting with Default, Argentina Enjoys Oil Drilling Boom
Holders of Argentina's defaulted debt and their supporters have warned the country risks being frozen out from international capital markets unless it finds a way…
AAPA Elect Kristin Decas as Next Chairman
The American Association of Port Authorities (AAPA) informs it has elected Kristin Decas, CEO and port director for the Port of Hueneme (Calif.) as its incoming chair for AAPA’s 2014-2015 activity year. Ms. Decas will take office at the conclusion of the association’s annual convention in Houston in November. “The upcoming activity year will be an exciting one and we look forward to Kristen’s leadership…
Wärtsilä's JV with CSSC to Expands Engines Range
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines.
New Subsea Fiber-optic Cable to Link N. America & UK
TE SubCom has announced the commencement of the new Hibernia Express submarine cable system. The 4,600 km cable will provide the lowest-latency fiber-optic path between New York and London, connecting Halifax, Nova Scotia and Brean, UK, with terrestrial fiber to extend connectivity to the major metro areas. Hibernia Express will initially launch with 100 Gbps transmission capacity using TE SubCom’s C100 SLTE platform.
Greenbrier Condoles the Passing of Emeritus Board Member Atiyeh
The Greenbrier Companies, Inc. says it joins all of Oregon in expressing its condolences to the family of Victor G. (“Vic”) Atiyeh, former Governor and past member of Greenbrier’s board of directors. Atiyeh died late Sunday at the age of 91. He is remembered as a two-term Governor who helped shape the modern economy of Oregon, where Greenbrier continues to grow and prosper to this day. Atiyeh completed…