L-3 MSI Supplies Navigation for the Oasis Class
L-3 Marine Systems International (L-3 MSI) has been awarded a contract to provide its NACOS Platinum navigation system, including an integrated dynamic positioning system, for the third ship in Royal Caribbean International’s (RCI) Oasis class, built by STX France at its shipyard in Saint-Nazaire. The 362-meter-long, 227,700-gross-ton ship, with a capacity of 6,360 passengers and a crew of 2,100, will be among the world’s largest cruise liners…
SMC to Provide Marine Coordination for Siemens
Specialist Marine Consultants Ltd (SMC) have been working with Siemens, providing offshore marine coordination for a fifth Siemens Wind Power construction project. The Butendiek offshore wind farm in the North Sea began construction in early 2014, and is due for completion mid-2015. SMC, based on the UK Yorkshire coast, have been working offshore undertaking marine coordination for the 80 turbine site.
Miko Marine Launches US Subsidiary
Miko Marine AS has opened a subsidiary in Morgan City, La. from where it will be able to supply ship operators and salvage companies throughout the United States with its range of products, including its magnetic patches to prevent ships from sinking. The magnetic patches, often used in conjunction with Kevlar reinforced flexible patches, create a durable water tight seal where ships’ hulls have been damaged by collision or grounding.
Bouchard Wins Industry Safety Award
Bouchard Transportation Co., Inc., an independently-owned oceangoing petroleum barge company, received the 2014 AMS Tug & Barge Safety Award from the American Maritime Safety, Inc. (AMS) on Thursday, October 23. The award, accepted by Morty Bouchard IV, Vice President of Operations & Sales, recognizes the implementation of outstanding compliance programs that serve to enhance crewmember efficiency and the safe operation of tug and barge vessels in the U.S. coastal waters.
Oshima-built Grain Carrier Delivered in the US
Today the first unit of a new bulk carrier developed by Mitsubishi Heavy Industries, Ltd. (MHI) was delivered to Archer Daniels Midland Company (ADM) of the U.S., following its completion at Oshima Shipbuilding Co., Ltd. of Nagasaki, an MHI licensing partner. The newly delivered bulk carrier is the first of three vessels, designed to serve as grain carriers, ordered by ADM in 2011 from Sumitomo Corporation.
China Aviation Oil Seeks Jet Fuel for Nov-Dec
China Aviation Oil (Singapore) is seeking up to 2.056 million barrels of jet fuel for loading over November to December, a tender document showed on Wednesday. The…
Goltens Opens Houston Service Facility
Goltens Worldwide today announced the opening of its new full service facility located within two miles from the Port of Houston. Following months of planning and machinery and equipment installation, Goltens full service repair facility is operational and ready to support customer requirements. Predicated on a desire to be closer to the expanding customer base in the U.S. Gulf, Goltens Houston is an important component of the group’s strategy to move toward high demand…
Maritime Piracy: Attacks Down, SE Asia Remains Problematic
While the issue of maritime piracy has largely fallen from the public eye, with the rapid evolution of the 24/7/365 news cycle and a never-ending list of new and globally interesting headlines, such as Ebola, there remains concerns of piracy’s effects on the broader maritime market, particularly in SE Asia. According to the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) latest piracy report…
Hurtigruten Shares at 6-yr High After Bid
Norway's Hurtigruten, which operates scenic cruise lines along the country's fjords and into the Arctic, has agreed to a takeover offer from a group led by several board members…
Wärtsilä Propulsion and Design for Two OSVs
Two new 150-ton-bollard-pull anchor handling offshore support vessels (AHOSVs) being built at the Colombo Dockyard in Sri Lanka have been designed by Wärtsilä and will be powered by Wärtsilä integrated propulsion systems. The order was placed in August and the equipment is scheduled for fast-track delivery in July 2015. The 78-meter-long vessels will be employed for anchor handling operations in offshore sector applications.
Australia’s Newbuild LHD Enroute Homeport
Australia’s first Landing Helicopter Dock (LHD) ship, NUSHIP Canberra has been farewelled from Melbourne as she departs for Sydney. NUSHIP Canberra departed BAE…
GasLog Appoints New Director
GasLog Ltd. today announced that the Board has appointed Mr. Donald Kintzer as a new independent member of the Board of GasLog effective 27 October, 2014. Donald Kintzer has also been appointed a member of the Audit & Risk Committee of the Company. Mr. Kintzer will remain a member of the Board and Chairman of the Audit Committee of GasLog Partners LP. Mr. Kintzer was a partner with PricewaterhouseCoopers LLP ("PwC"), having retired in 2008, after an association of over 31 years.
CEVA and L’Oréal Extend Relationship in Indonesia
CEVA Logistics, a leading global supply chain management company, announced a contract renewal and expanded business with L'Oréal in Indonesia, the world's leading beauty brand. CEVA's partnership with L'Oréal started more than 3 years ago when the company took on the warehouse management of L'Oréal's distribution centers in Bekasi, providing warehousing and distribution services as well as value added services.
ExxonMobil 3Q 2014 Earnings Conference Call
Exxon Mobil Corporation will release third quarter financial results on Friday, October 31, 2014. The earnings press release will be available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of Investor Relations, will review the results during a listen-only conference call at 8:30 a.m. CT. The earnings presentation can be accessed via webcast or by calling (888) 599-4877 (United States) or (913) 312-1502 (International).
General Dynamics to Upgrade Peruvian Navy Helicopters
General Dynamics Canada has been awarded a multi-million dollar contract to upgrade four SH-2G Super Seasprite helicopters with an integrated mission system to enhance the operational capability of the Peruvian Navy and its ability to meet the demands of modern maritime missions. The contract, facilitated by the Canadian Commercial Corporation (CCC), the Government of Canada's international government-to-government contracting organization, includes the acquisition of five helicopters by Peru.
Chevron - First Gas from Bangladesh Bibiyana Project
Chevron Corporation today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country.
WTO Publishes Annual Package of Trade and Tariff Data
The WTO released on 28 October 2014 new editions of its key statistical publications: International Trade Statistics, Trade Profiles, World Tariff Profiles and Services Profiles. The four publications provide a detailed breakdown of the latest trade developments. International Trade Statistics 2014 provides a detailed overview of world trade up to the end of 2013, covering merchandise and services trade as well as trade measured in value-added terms.
Good Performance by Dun & Bradstreet in 3Q 2014
Dun & Bradstreet, the world's leading source of commercial information and insight on businesses, today reported results for the third quarter ended September 30, 2014. "We continue to make good progress against our strategy and we are beginning to build momentum on our top line," said Bob Carrigan, President & CEO of Dun & Bradstreet. Free cash flow for the first nine months of 2014 was $237.6 million…
U.S. Carrier Group Ends 7-month Tour
The George H.W. Bush Carrier Strike Group (GHWB CSG) transited through the Suez Canal marking the end of more than seven months of Maritime Security Operations (MSO) in the U.S. 5th Fleet area of operations (AOO), Oct. 27. Commanded by Rear Adm. DeWolfe Miller, GHWB CSG comprises aircraft carrier George H.W. Bush (CVN 77), Carrier Air Wing 8 (CVW 8), Destroyer Squadron 22 (CDS 22), guided-missile cruiser USS Philippine Sea (CG 58)…
Chevron Sanctions Stampede Project
Chevron Corporation announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform. The project design capacity will be 80,000 barrels of crude oil per day. Project cost is expected to be approximately $6 billion.