Contract Awarded for US Aircraft Carrier Dismantling
The U.S. Navy awarded a contract, Dec. 22, for the towing and dismantling of the decommissioned aircraft carrier Ranger (CV 61) to International Shipbreaking, Ltd. Under the contract, the company will be paid $0.01, a price that reflects the net price proposed by International Shipbreaking, Inc., which considered the estimated proceeds from the sale of the scrap metal to be generated from dismantling.
Sekimizu Welcomes Shipper’s Revised Stance on Ballast Water
IMO Secretary-General Koji Sekimizu has welcomed the reconsideration by the International Chamber of Shipping (ICS) of its position towards the ratification by Governments…
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.
NSRP Awards $11m for R&D Project Portfolio
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part…
Teekay Petrojarl Contracts Damen for FPSO Upgrade
Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an EPC contract by Petrojarl I LLC for the upgrade of its FPSO Petrojarl I. The Petrojarl I is a Teekay Petrojarl managed FPSO built in 1986 which has been active in the North Sea. Its redeployment will be at the Atlanta field in Brazil. The Petrojarl I is contracted by Queiroz Galvão Exploração e Produção…
Denmark Arrests Former OW Bunker Manager
Denmark has arrested a former manager of collapsed ship fuel supplier OW Bunker and intends to hand him to Italy, where he is suspected of fraud, the Danish public prosecutor said on Thursday.
Maersk to Continue Russian Operations
Denmark's A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble's collapse. "The Group's business with Russia amounts to some two to three percent of our total revenue. In the current situation, where Russian purchasing power and foreign trade is negatively impacted, our shipping business in Russia is also affected," A.P. Moller-Maersk wrote in an mail to Reuters.
PlateSmart Ups Security at Port Tampa Bay
Port Tampa Bay, Florida’s largest maritime port and the 16th largest in the United States, has elected to implement PlateSmart's ARES enterprise license plate recognition-based video analytics system. Overseen by the Tampa Port Authority, the port handles both commercial and passenger traffic on a daily basis. In addition to being a major hub of the shipping industry with several million tons of cargo are shipped in and out of the port in any given year…
Diana Shipping Announces $53.5m Drawdown
Diana Shipping Inc. Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, completed a drawdown of $53.5 million on December 19…
Barge Master T700 to Be Installed on Boskalis Ndeavor
A Barge Master BM-T700 system was unloaded in Singapore today as it awaits the early 2015 arrival of DP-2 multipurpose vessel Boskalis Ndeavor. According to Barge Master, the T700 will be mobilized on the Ndeavor and continue to the Phillipines where a bridge will be installed between two gas platforms using the Barge Master to compensate the motions of the bridge as a result of the waves. Built by Samsung C&T corporation ZPMC - Shanghai Zhenhua Heavy Industries Co.Ltd in 2013…
Freight-Passenger Ferry for Steamship Authority
Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle, New Orleans and Ketchikan, Alaska, today announced that the new freight and passenger ferry it designed for the Woods Hole, Martha's Vineyard & Nantucket Steamship Authority (SSA) will be built at Conrad Shipyard in Morgan City, Louisiana. “Conrad Shipyard is proud to have been selected along with EBDG to deliver this vessel," said Terry Frickey, C.O.O. of Conrad Shipyard.
GasLog Ltd. to Buy 2 LNG Vessels
GasLog Ltd. has entered into an agreement with Methane Services Ltd. an affiliate of BG Group, to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million. The two vessels, Methane Becki Anne and Methane Julia Louise, will be chartered back to BG for periods of nine and eleven years with further options by the charterer to extend the term of the time charter for each vessel by either three or five years.
Rolling Gates Installation at Panama Canal
In another major milestone for the Panama Canal Expansion Program, the electromechanical installation phase, one of the most important of the project, has begun with the installation of the first steel rolling gate at the Atlantic side. “This year, the Expansion Program completed several milestones towards the completion of the project,” said Panama Canal Administrator Jorge L. Quijano. “I am proud…
Nakilat to Build 11 Tugs for New Doha Port
Qatar’s New Port Project (NPP) has signed an agreement with Nakilat Damen Shipyards Qatar (NDSQ) to construct 11 workboats for use at the port. HE Dr. Mohammed bin Saleh Al Sada, Minister of Energy and Industry, and HE Mr. Jassim Bin Saif Ahmed Al Sulaiti, Minister of Transport, witnessed the signing ceremony between NDSQ and NPP, on Wednesday, 17th December 2014. The contracts were signed by Eng. Abdullah Fadhalah Al Sulaiti, Chairman of NDSQ and Managing Director of Nakilat, and Capt.
Suez Canal Offers Rebates for Dry Bulk Carriers
A rebate of 35% (thirty five pct) of transit dues on the round trip of dry bulk carriers shall be applied for ships working between ports of east cost of the Americas and the Caribbean heading to (or coming from) ports of Indian subcontinent and Asian countries east of India. A) Any operating company, wishing to benefit from this reduction has to submit a request (through shipping agency) to SCA prior to transit…
ARENA Seeks Input for R&D
ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia. ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program, which is focused on solar excellence. ARENA is keen to facilitate greater collaboration between the research sector and industry in the next round of the R&D program in 2015.
General Dynamics Bags USN Contract for MLP AFSB
The U.S. Navy has awarded General Dynamics NASSCO a $498 million contract for the detail design and construction of the Mobile Landing Platform (MLP) Afloat Forward Staging Base (AFSB). NASSCO is a wholly owned subsidiary of General Dynamics (NYSE: GD). Under this option, NASSCO will provide the detail design and construction efforts to build the second AFSB of the Mobile Landing Platform-class ships.
Aker Employees Buy Shares for NOK 95 Mi
Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers. The company for the sixth consecutive year held share purchase programs to encourage employee ownership. A total of 2,332 employees, or 17 percent of eligible staff, participated. "The response was good and I am pleased that so many employees want to invest in our company and its future prospects," said Sissel Lindland, chief HR officer at Aker Solutions.
USCG Rescues One in Plane Crash
A man was rescued by Coast Guard aircrews after his plane crashed approximately five miles east of South Bimini, Bahamas, Monday afternoon. Rescued was David Pedroza, 43, from Boca Raton, Florida.
PMA Requests FMCS Intervention in Labor Talks
The U.S. Federal Mediation and Conciliation Service (FMCS) announced today that it has received a request from representatives of the Pacific Maritime Association…