No Merger of Yara & CF Industrie
Yara International ASA and CF Industries have terminated their discussions regarding a potential merger of equals transaction. "This has been a constructive process, with solid work by both parties.
USCG Rescue Two from Their Diabled Sailboats
The Coast Guard rescued two people Friday after both of their sailboats became disabled approximately five miles west of the Chesapeake Bridge Tunnel near Hampton. Watchstanders at Coast Guard Sector Hampton Roads received a call from Hampton Police dispatch at approximately 3:50 a.m., who informed the Coast Guard of a 911 call from a man aboard one of two disabled sailboats. The watchstanders called…
Hurricane Ana Heads towards Hawaii
Tropical Storm Ana strengthened into a hurricane on Friday and was moving in the direction of Hawaii but was not expected to make a direct hit on the islands, the U.S. National Hurricane Center said. It said Ana had maximum sustained winds of 75 miles per hour (120 kph) and was located 230 miles (365 km) south of Hilo on the Big Island. The center's storm tracking map showed Ana passing south of the Hawaiian islands.
U.S. Natgas Engine Sales Lagging Fuel's Steep Price Plunge
Natural gas-fueled engines, touted as a clean, low-cost alternative to diesel, continue to struggle for acceptance in the U.S. transportation sector despite a surge in gas production that has sent the alternative fuel's domestic price plunging. U.S. natural gas prices closed on Friday at $3.766 per million British thermal units, down 42 percent since February. At its current levels, natgas is about $1.50 a gallon cheaper than diesel fuel, according to the U.S. Energy Information Administration.
NSPR Set to Reduce Weld Distortion
Since weld distortion is a very costly problem for U.S. shipyards, the National Shipbuidling Research Program (NSRP) has embarked on a project to reduce weld distortion through innovative Induction Heat process. A new welding process -- HiDep Arc Welding -- has been invented, which uses induction heating to heat the weld joint ahead of the arc Welding torch. By adjusting the induction heating it is…
Shadrin is D.G. of Gazprom Investholding
On October 13 the Gazprom leadership acceded to Alisher Usmanov's request for releasing him from his position as Director General of Gazprom Investholding. At the meeting Alexey Miller, Chairman of the Gazprom Management Committee thanked Alisher Usmanov for many years of conscientious fruitful work and wished him success and health. Evgeny Shadrin was appointed Director General of Gazprom Investholding. Previously he used to be Director General of Factoring-Finance.
Open Ship a Success
Amaliekajen was buzzing with life during Culture Night, when the Danish Maritime Authority’s vessel Poul Løwenørn lowered the gangway and invited everyone interested on board. Many interested visitors turned up to see the Danish Maritime Authority’s inspection vessel Poul Løwenørn on Culture Night, 10 October, when open ship was held as a part of Danish Maritime Days. Here, the visitors could see the various types of buoys used as aids to navigation.
ITIC Measures against Ebola
The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola. Vessels that have recently called in an affected country should contact their local agents prior to arrival at the next ports of call for the latest country specific advice regarding measures taken to avoid the spread of Ebola. ARGENTINA: Pilot companies rendering pilotage…
KBR, Daewoo win Eni FLNG FEED
KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineering design (FEED) contract by Eni East Africa SpA for a floating liquefied natural gas (FLNG) facility for the Coral South Development Project located in Mozambique. With the award, the KD consortium will be one of three consortia competing for the engineering…
A2SEA Signs for Dudgeon
Dudgeon Offshore Wind Limited has awarded the Charter for WTG transport and installation to A2SEA A/S. A2SEA shall provide the jack-up vessel Sea Installer including 24/7 marine crew and crane operators for transport and installation of the 67 Siemens 6.0-154 wind turbine generators (WTG). The charter covers project management, and design, procurement and installation of necessary sea fastening and grillage for the work.
GeoSea acquires HOCHTIEF Offshore Assets
DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea. GeoSea has had decades of success in marine engineering and is now acquiring full ownership of the heavy-lift jack-up vessel ‘Innovation’, one of the largest jack-up vessels in the marine construction industry.