Busan Port Unveils Expansion Plans
The Korean government announced plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU.
Nordic American Offshore Declares Q1 Dividend
The board of directors at Nordic American Offshore Ltd. (NAO) has declared a dividend of $0.17 per common share for the first quarter 2015. The payment of dividend…
Enerpac Takes the Load for Lamprell Jack-Up Rig
High-pressure hydraulics specialist, Enerpac, with its official distributor Al Masaood Trading, Dubai, has supplied Lamprell, a provider of diversified fabrication, engineering and contracting services to the onshore and offshore energy industries, with an EVO-Series Synchronous Lifting System to weigh a newly completed jack-up rig. The Enerpac multifunctional synchronous lifting EVO system monitors and manages lifting…
BOEM Proposes 10 GOM Lease Sales for 2017-2022
The Bureau of Ocean Energy Management (BOEM) proposes to conduct 10 oil and gas lease sales in the federal waters of the Gulf of Mexico (GOM), as outlined in the…
Bollinger Receives Two SCA Awards
Bollinger Shipyards was presented the 2014 Award for Excellence in Safety for the 10th consecutive year, and was also presented the 2014 Award for Improvement in Safety by the Shipbuilders Council of America (SCA) on April 23, 2015, during the association’s Spring General Membership Meeting in Washington, D.C. The Award for Excellence in Safety is given to member companies with the lowest total recordable…
CMA CGM Acquires Stake in LCL Logistix
The CMA CGM Group informs it has taken a strategic stake in the 25-years old Indian logistics company LCL Logistix, via the group’s freight forwarding and logistics solutions subsidiary CMA CGM LOG.
Maersk Tigris Manager Liaising with Authorities
Rickmers Shipmanagement, managers of containership Maersk Tigris, which was yesterday approached, fired upon and boarded by the Iranian Navy in the Persian Gulf…
Talleys Sentenced for Death of Crewman
Talleys Group Ltd. has been fined $48,000 and ordered to pay $35,000 in reparation to the family of a crewman killed after falling nearly seven meters on the fishing…
JSMEA Offers Access to Japan’s Offshore Suppliers
The Japan Ship Machinery and Equipment Association (JSMEA) has compiled a list of Japanese-made ship machinery and equipment products for offshore units, publishing this information on a dedicated website and corresponding print brochure. The website and brochure offer access to information on a variety of products and companies spanning the Japanese offshore supply chain, from machinery and equipment manufacturers to maintenance and service providers.
Gibbs & Cox Appoints Harper as VP, Design Group
Gibbs & Cox, Inc. has announced the appointment of Keith Harper as Vice President and Group Manager of the Gibbs & Cox Design Group. In this role, Harper will be responsible for providing guidance, direction and oversight regarding technical approach, schedule adherence, product status and technical quality for naval and commercial projects. He will also be responsible for staffing and training required to meet the schedule and quality goals of Gibbs & Cox and our customers.
UASC Names Ultra-large LNG-ready Containership
United Arab Shipping Company (UASC) named container vessel M.V. Barzan at Hyundai Samho Heavy Industries (HSHI), Mokpo South Korea today. The ship, the largest in UASC’s fleet to date, is part of the industry’s first LNG-ready ultra-large container vessel fleet. With a loading capacity of 18,800 TEU, the DNV GL classed vessel M.V. Barzan is first in a new class of ultra-large container vessels that aim to set new standards for fuel and energy efficiency…
Alfa Laval PureSOx Water Cleaning Process Patented
Now with the enforcement in Emission Control Areas (ECAs) in place, the ability to deliver compliant SOx scrubber systems is even higher. Alfa Laval’s PureSOx H2O water cleaning unit allows the continued use of HFO while meeting the emission limits for operation in ECAs. The now patented PureSOx H2O water cleaning unit is a specialized example of an Alfa Laval core technology: the high-speed centrifugal separator.
Hercules Offshore: Challenges Ahead in 2015
Drilling contractor Hercules Offshore Inc forecast a challenging year ahead as demand for its rigs remains weak with producers scaling backing drilling due to a slump in global oil prices.
Greece: Sea Boundaries with Egypt, Cyprus to be Defined
Greece will launch consultations with Egypt and Cyprus to establish maritime boundaries in the eastern Mediterranean, Prime Minister Alexis Tsipras said on Wednesday.
Fugro Cut Costs on Market Downturn
Sales down 2.1 percent, order backlog falls 11 percent. Dutch marine services company Fugro said on Wednesday it would further cut costs and reduce the number of…
China Fires Back at S.China Sea Accusations
After facing weeks of criticism about its reclamation work on disputed islands in the South China Sea, China on Wednesday turned the tables on Vietnam, the Philippines…
CMA CGM Acquires India's LCL Logistix
CMA CGM has acquired a 60 percent stake in India's LCL Logistix as it tries to expand in freight forwarding services, the French shipping group said on Wednesday.
Maersk: Seized Boxship Crew Safe
Mainly Asian, E.European crew "in relatively good" state. Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe and "in good spirits" after Iranian authorities seized the vessel in the Strait of Hormuz the previous day. Iranian patrol boats fired warning shots as they intercepted the vessel, stoking tensions in one of the world's busiest oil shipping lanes and spurring the United States to send military vessels to monitor the situation.
Salt, Potash Terminal at Barcelona Port
The ICL Group's Phoenix Plan is breathing new life into the centuries-old salt and potash mines located in the Bages district of central Catalonia. The project covers various fields, such as building a potash and a vacuum salt plant, new rail accesses and a specialised terminal at the Port of Barcelona. The port terminal, involving a total investment of € 69 million, will enable worldwide exports of potash…
HEM takeover Makes Cathelco Water Treatment Leader
Cathelco, the world leading manufacturers of equipment for ships, have acquired Hydro-Electrique Marine (HEM) the French specialists in desalinators and water treatment systems. The acquisition will make Cathelco one of the largest producers of shipboard water treatment systems in Europe and the premier supplier to the superyacht industry. “The new venture will operate under the name of Cathelco HEM…