Phoenix International Awarded US$75-M Subsea Navy Contract
US Department of Defense inform that Phoenix International Holdings Inc., Largo, Maryland, is being awarded a $75,000,000 indefinite-delivery/indefinite-quantity, cost-plus-award fee contract for worldwide undersea deep ocean search and recovery operations and associated services to support the Director of Ocean Engineering, Supervisor of Salvage and Diving (SUPSALV). DoD explains that this contract…
ZeoGas hires Foster Wheeler to Plan Gulf Coast Project
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has entered into a Collaboration Agreement with ZeoGas LLC. In the first instance, Foster Wheeler will support ZeoGas’ final site selection and project planning towards the development of ZeoGas’ first fuels manufacturing plant, to be located on the US Gulf Coast. The terms of the agreement were not disclosed…
Leading Shipping Equity Analyst Joins Clarkson Capital Markets
Clarkson Capital Markets, the investment banking arm of shipping services group Clarkson PLC, says it has enhanced its equity research coverage with the appointment of Omar Nokta as Managing Director of Shipping Research. Omar will be based in CCM's New York office. Omar brings significant sector experience and expertise to Clarkson Capital Markets. He joins CCM from Global Hunter Securities LLC where he was Senior Shipping Analyst.
ST Engineering Injects Capital into Leeboy India
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its land systems arm, Singapore Technologies Kinetics Ltd has injected S$4.2m (equivalent…
Caterpillar to Participate in Citi 2014 Industrials Conference
Caterpillar Inc. Vice President with responsibility for Strategic Services Mike DeWalt and Director of Investor Relations Rich Moore will speak at the Citi 2014 Industrials Conference on Tuesday, September 23. scheduled to speak at 2:45 p.m. Eastern Time. The presentation materials will be available at caterpillar.com/presentations. The event will be webcast in real-time and available to the public at http://www.veracast.com/webcasts/citigroup/industrials2014/09210239792.cfm.
Nordic American Offshore on Track Says Chairman
"Nordic American Offshore Ltd. (NAO) has now been listed on the New York Stock Exchange for more than three months. As I write this letter, the stock is trading above $19, a significant premium to the IPO price in June 2014. In addition, we have paid out $0.90 per share in dividends in total for the two first quarters of 2014. Our vessels are continuing to perform at the highest level, which is appreciated by shareholders, customers and management alike.
Vroon’s VOS Famous Launched
Vroon’s newbuilding ERRV, VOS Famous, was launched in China yesterday. This 50-m ERRV (emergency response and rescue vessel) is under construction at Nanjing East Star Shipyard. VOS Famous is the fourth in a ten-vessel newbuilding programme, with six 50-m ERRVs being built at Nanjing and four 60-m vessels under construction at Fujian Southeast Shipyard, also in China. All these vessels have a revolutionary, wave-piercing bow shape that has been specially designed for Vroon.
ClassNK Issues New Rules for Inland Waterway Ships
Leading classification society ClassNK has released new technical rules and guidance for the survey and construction of inland waterway ships. As a result of ClassNK’s recent expansion of its global activities, in particular across South America, the number of inland waterway ships on the ClassNK register has continued to grow, accounting for 15% of all vessels classed over the past year alone. In order to support this growing market and ensure the safety of the inland waterway fleet…
Steel Cut for Third RCI Quantum-class Cruise Ship
The steel cutting for 'Ovation of the Seas', scheduled to be delivered in the autumn of 2016, took place at the Meyer Werft shipyard in Papenburg, Germany, where 'Quantum of the Seas', 'Anthem of the Seas' and now 'Ovation of the Seas' are being built, say owners Royal Caribbean International (RCi). RCI add that the groundbreaking Quantum-class ships will debut new unprecedented features, such as dancing Roboscreens in the unique Two70 entertainment venue…
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.
Jet Edge Celebrates 30 Years in Waterjet Industry
Waterjet systems manufacturer Jet Edge, Inc. celebrated its 30th anniversary Sept. 3 with a special open house celebration. Jet Edge’s anniversary event included a special ribbon cutting ceremony courtesy of the I-94 West Chamber of Commerce, a barbecue lunch, factory tours, and live 5-axis waterjet cutting demonstrations. Jet Edge President Jude Lague and TC/American Monorail President Paul Lague were honored by St. Michael Mayor Jerry Zachman. They also received recognition letters from U.S.
TITAN Salvage Receives NAMEPA Award
The North American Marine Environment Protection Association (NAMEPA) announced earlier this month that Houston-based TITAN Salvage, a subsidiary of Crowley Maritime Corp.…
MM&P Hopes to Pad Ranks with Brown Water Mariners
Uniting with the International Organization of Masters, Mates & Pilots will bring added clout, resources and training to local mariners and open the door to opportunities beyond the East Coast, the union said. Ballots are arriving in the mail this week at the homes of 1,300 area mariners for an election to decide whether local watermen will join a large national union of deck officers who serve on ocean-going ships…
3D Scanning Speeds Up Drag Boat Racing
NVision, Inc., a company in 3D laser scanning and reverse engineering for over 24 years, said it was able to help a motorsports boat designer optimize the design of the custom-built propellers created for its Top Fuel Hydro drag boat. The boat is equipped with two custom-designed and handmade propellers. The double-bladed propellers worked well but the boat maker felt their design could be improved further to produce even greater speed and power.
Second Sailing Added to Cleveland-Europe Express
The Port of Cleveland and Amsterdam-based Spliethoff Group announced today their mutual intent to add a second monthly vessel to the Cleveland-Europe Express (CEE), the only scheduled ocean service for containerized and breakbulk freight operating between Europe and a Great Lakes port. "We are extremely pleased to announce our intent to add a second sailing to the CEE starting next season or perhaps sooner to better accommodate the needs of the containerized segment of the market…
Damen Delivers ASD Tug in Italy
RimorchiatoriRiunitiS.p.A. of Genoa (Italy) has taken delivery of a Damen ASD Tug 2411. The 70-metric-ton bollard pull azimuth stern drive tug will be temporarily deployed by Tug Malta Ltd., a full subsidiary of the Genovese towage company. Named Malta, the tug was officially delivered to Gregorio Gavarone, Managing Director of RimorchiatoriRiuniti. The transfer took place in Malta. Initially flying the Maltese flag…
Finland Grants Support to Three Small LNG Terminals
The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use…
Navy Ships Deliver Supplies to Solomon Islands
Two Royal Australian Navy landing craft have delivered vital supplies to remote communities in Solomon Islands as part of Australia’s commitment to provide support to the region. HMA Ships Labuan and Tarakan transported education, medical and flood relief supplies from the capital Honiara to coastal communities in need. Labuan headed north and east to Tulaghi and Auki, with her sister ship Tarakan heading south to Guadalcanal’s very remote Weather Coast.
NRC Program Targets Vessel Operating Costs, Safety
As marine experts gather for the Ocean’s 14 conference in St. John’s Newfoundland, the National Research Council of Canada (NRC) announced a program aimed at finding…
LQT Delivers Accommodation Facility and Helideck in Gulf of Mexico
LQT Industries , a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has engineered…