MHI Establishes MHI Australia Pty. Ltd.
Today Mitsubishi Heavy Industries, Ltd. (MHI) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors, and 2) to serve as a base for developing relationships with Australia's academic bodies, including universities and research institutes.
Maritime Cook Islands Appoints Hastings, Technical Manager
Maritime Cook Islands (“MCI”), the leading ship registry, has just appointed William Hasting as a Technical Manager serving the European region, and in so doing significantly boosting MCI’s presence in Europe. His appointment takes place with immediate effect. William brings with him the knowledge gained at sea and ashore which are the qualities essential in helping with the oversight of the diverse fleet of vessels under the Cook Islands Administration.
LOC, Studio Navale Canepa Join Forces
Leading international marine and engineering consultancy LOC Group has announced a collaboration agreement with marine survey experts Studio Navale Canepa (SNC) of Italy. Together the two organisations are combining expertise and their global networks to offer unrivalled casualty services to the Italian market. SNC specialises in providing Hull & Machinery related casualty surveying services to the Italian insurance and shipping sectors through its in-house team…
Container Shipping Faces Tough 2016 as Rates Plunge 78 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe have plummeted 78 percent this year, after posting another drop this week, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Rates fell 6.9 percent to $271 per 20-foot container (TEU) in the week ended on Friday, the person said, down from $1232 at the beginning of the year.
U.S. Defense Secretary Visits Carrier in South China Sea
Carter says U.S. promoting Asian peace and security. The chief U.S. defense official visited an American aircraft carrier transiting the disputed South China Sea on Friday…
Volvo Penta Launches New Tier 4 Open Power Units
Volvo Penta has introduced a new line of EPA Tier 4 Final/EU Stage IV PowerPac industrial open power units for OEM manufacturers. Volvo Penta is initially deploying the PowerPac systems in the Americas, and will roll out the products for industrial customers worldwide through the company’s global distribution channels. The PowerPac systems come equipped with a complete set of preinstalled components including all Tier 4F/Stage IV after-treatment components…
WCI Applauds Increased FY'17 Funding
The Waterways Council, Inc. (WCI) praised the bipartisan leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Vice Chairwoman Barbara Mikulski (D-MD)…
LOC Group Partners with Studio Navale Canepa
Marine and engineering consultancy LOC Group and marine survey experts Studio Navale Canepa (SNC) have entered a collaboration agreement whereby the two organizations…
Bets Are off for Stranded Hong Kong Casino Ship and Forlorn Crew
Captain Valerie Lyzhyn and his 45 crew are stranded in Hong Kong, big losers in a gambling slump triggered by a Chinese crackdown on corruption that has scared off the high-rollers.
Stronger Capesize Rates Perks Up Baltic Index
The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities, rose on Friday, supported primarily on improved demand for capesize vessels.
Austal Hosts Naming Ceremony for Oman’s New Naval Vessels
Austal has welcomed the Commander of the Royal Navy of Oman (CRNO), Rear-Admiral (RADM) Abdullah bin Khamis bin Abdullah Al Raisi to the company’s Australian shipyard in Henderson, Western Australia, to officially name two 72 meter High Speed Support Vessels (HSSVs) designed and built by Austal for the Royal Navy of Oman (RNO). In a formal ceremony, RADM Abdullah bin Khamis bin Abdullah Al Raisi named the ships RNOV AL MUBSHIR (S11) and RNOV AL NAASIR (S12).
US Oil Rig Count Falls to November 2009 Lows
U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said on Friday, as energy…
Third LNG-ready Tanker Delivered to Crowley
Crowley Maritime Corp. has taken delivery of Louisiana, the third of four new, Jones Act product tankers being built for the company by Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA. The delivery marks another highpoint for Crowley’s petroleum services group as its tankers are at the forefront of the industry for their potential future conversion to LNG propulsion.
This Day In Naval History: April 15
1912 - The scout cruisers USS Chester (CL 1) and USS Salem (CL 3) sail from Massachusetts to assist RMS Titanic survivors, and escort RMS Carpathia, which carried the survivors of the Titanic, to New York. 1914 - USS New York (BB 34) is commissioned. 1918 - First Marine Aviation Force, under the command of Capt. Alfred A. Cunningham, USMC, is formed at Marine Flying Field, Miami, Fla. 1943 - USS Yorktown (CV 10) is commissioned.
Heinrich Ahlers Retires from Buss Group
Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1, 2015. “I am pleased to see that Marco Neelsen quickly and efficiently adapted to his new tasks, and that he was very well received by the port and logistics network,” Ahlers said. “Therefore, it is time for me to retire from the Buss Group.
DOF Secures New Work in the North Sea
DOF Group subsidiary DOF Rederi AS has signed an agreement with Nexen Petroleum UK for Skandi Marstein, MT 6000 design Platform Supply Vessel (PSV). The contract will start in May and is firm until end 2017. DOF Rederi has further signed a three months contract, plus options with Maersk Oil North Sea UK Ltd. for Skandi Gamma with start up in April.
Royal IHC Upgrades Three CSDs for NMDC
National Marine Dredging Company (NMDC) of Abu Dhabi, a dredging contractor in the Middle East and key player in the creation of the new Suez Canal, has granted Royal IHC an order to upgrade the automation of three heavy-duty cutter suction dredgers (CSDs). The Al Sadr, Al Mirfa and Kattouf were built by Royal IHC between 1999-2001, and were equipped with the then latest versions of IHC DPM (dredge profile monitor) and ACC (automatic cutter controller).
DNV GL's Examines the next Decade's Tech Outlook
Every five years, DNV GL publishes a Technology Outlook report providing insights into the technology landscape of the next decade. Its latest report focuses extensively…
Response to Barge Breakaway Continues on the Mississippi
The U.S. Coast Guard continues to respond to an allision which occurred April 6 and resulted in a multiple-barge breakaway and two sunken barges on the Mississippi River near Thebes, Ill.
Nordic Doubles Size of Savannah Operation
Nordic Logistics and Warehousing has doubled capacity at its Savannah location, holding a ribbon cutting Friday for a new 200,000-square-foot cold storage and blast freezing facility. "Exactly three years ago, Nordic opened its doors here in Savannah to give our customers the logistical advantages that come with one of America's most efficient ports, combined with the superior connectivity of Interstates 95 and 16," said Don Schoenl, President and Chief Executive Officer of Nordic.