Foreship Establishes Tallinn Subsidiary
Naval architect and marine engineering company Foreship has created a wholly-owned subsidiary located in Tallinn to strengthen ties with shipowners, shipyards and marine equipment suppliers in Estonia, and support the development of locally-based design skills. Foreship OÜ will commence operations on October 1 from its own premises, located in the brand new Öpik building within sight of Tallinn Airport, Lake Ülemiste and Tallinn Old Town.
Wärtsilä Re-gasification system for Norwegian Ship Conversion
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August. The Wärtsilä re-gasification system to be supplied will feature regas technology using water glycol as the intermediate medium instead of propane. This provides a more compact solution being some 15 percent smaller and lighter than the propane based system.
J.F. Lehman Acquires Oldenburg's Heavy Equipment Group
J.F. Lehman & Company (JFLCO) informs it has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units. The new company will be named Lake Shore Systems, Inc., in a return to its roots dating back to 1858. The acquisition will represent JFLCO’s 25th sponsored platform investment since the firm’s inception.
Weak Freight Rates push Grindrod to H1 loss
Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects…
China COSCO Falls to H1 Net Loss
China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday. COSCO Shipping reported a first-half loss of 7.2 billion yuan ($1.08 billion yuan) versus a profit of 1.9 billion a year earlier, the company said in a filing to the Shanghai stock exchange. COSCO is grappling with weak global demand that has dragged down the sector.
El Faro Captain Ordered Crew to Abandon Ship before Sinking
The captain of the doomed El Faro cargo ship sounded an alarm for his crew to abandon the vessel shortly before it sank last fall in a hurricane near the Bahamas, killing all 33 onboard, the U.S. National Transportation Safety Board said on Wednesday. Twenty-six hours of newly recovered audio, captured by microphones on the ship's bridge, offer chilling detail into the final hours before the 790-foot (241-meter) ship sank on Oct.
This Day In Naval History: August 25
1864 - CSS Tallahassee, commanded by Cmdr. John Taylor Wood, returns to Wilmington, N.C. to refuel on coal. During her more than two week raid, CSS Tallahassee destroys…
Alfa Laval Launches DuroShell LPG/E Cargo Condenser
With the new Alfa Laval DuroShell plate-and-shell heat exchanger, Alfa Laval aims to strengthen its offering in LPG/E cargo reliquefaction with a construction that increases resistance to thermal and pressure fatigue. Alfa Laval DuroShell is a specially engineered plate-and-shell heat exchanger with unique design capabilities. Already used in the offshore oil and gas industry, it is now being introduced for marine duties such as LPG/E cargo reliquefaction.
Tuco’s New Arctic Workboat to Debut at SMM
Danish producer Tuco Marine said it will reveal a new Arctic workboat daughter craft at next month’s SMM in Hamburg. Many arctic patrol vessels, icebrakers and polar research vessels are currently under development and construction worldwide, and therefore it is as a specialized workboat daughter craft for such mother ships that the new ProZero Arctic workboat is a great match, according to Tuco. Designed by a team of engineers…
MN100: McDonough Marine Service
Bernard P. McDonough created the company in 1945 by leasing barges from his construction company into the marketplace. Through a series of new and used barge additions, McDonough forged his company, expanding from the Ohio River to the Gulf of Mexico and eventually to the East Coast. His company was modeled around his fundamental philosophy of surrounding good equipment with very talented people. This…
Former HMS Illustrious Sold for Scrap
The former aircraft carrier HMS Illustrious will be recycled after 32 years of service, announced the U.K. Ministry of Defense (MOD) who sold the ship to Turkish company LEYAL Ship Recycling Ltd for around £2 million. The MOD’s initial plan for the retired aircraft carrier was to retain part or all of the ship in the U.K. for heritage purposes. A competition seeking bids for development plans was launched in 2013, and though a number of proposals were received, none proved to be viable.
SMM 2016: World Premieres from around the Globe
Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,150 exhibitors from 67 countries, presenting their most innovative products and services. “SMM will live up to its reputation as the pacemaker of the industry again, with exhibitors from every part of the maritime value chain and a high-quality conference program…
Large or Small, Land or Sea, Every Spill Matters.
There is growing concern regarding the environmental impact and associated costs of petroleum based fluid discharges. Petroleum is persistent and toxic. It damages living organisms including plants, animals and marine life for many years. While many believe that the bulk of this environmental damage is done by major spills, such as the Exxon Valdez or the Deepwater Horizon events, in reality, every spill matters.
Iran Defends Encounter with US Warship
Iran's defence minister said on Thursday four of his country's vessels accused of harassing a U.S. warship were only doing their job, and Tehran would contront any American ship that entered its waters. The vessels from Iran's Islamic Revolutionary Guard Corps (IRGC) conducted what a U.S. defence official described as a "high speed intercept" of the warhip on Tuesday in the Strait of Hormuz. The official…
Heavy Lifting: Giant Pipe Racks Shipped for New FPSO
From Brazil to China and then back to Brazil, five pipe racks and three modules weighing a total of 1,871.51 metric tons and measuring 24,075 m³ will be transported by heavy lift shipping specialist HANSA HEAVY LIFT for a new floating production storage and offloading unit (FPSO) to eventually operate off the coast of Brazil. With the heaviest piece weighing 730 metric tons, the cargo was loaded onto…
MN100: R.W. Fernstrum & Company
R.W. Fernstrum & Company set the standard in marine heat exchangers over 65 years ago, building a reputation focused on innovation. Today, its commitment is to continual improvement, ensuring that customers have quality, reliability, and the latest in cooling technologies on your side. Over the years, R.W. Fernstrum & Company has grown into a worldwide organization with more than two dozen representatives across 6 continents.
Liftboat Jinshan 1 Delivered
A 97.5m truss-legged liftboat designed by A. K. Suda (SUDA) has been completed and is being delivered to its owner, following on the heels of a 91.5m truss leg liftboat delivered earlier this year. Built by Triyards Marine for Swissco Offshore, the new state-of-the-art vessel Jinshan 1 is a four-legged, self-propelled, self-elevating, general service liftboat based on the SUDA 320-L4T. It is ABS classed with Unrestricted Service, +A-1, + AMS. The hull dimensions are 55m x 35m x 4.5m.
Shots Fired: US Navy Ship Warns Iranian Vessel
A U.S. Navy ship fired warning shots after an Iranian fast-attack craft approached two U.S. ships in the northern Gulf on Wednesday, a U.S. Defense official said. The official, speaking on the condition of anonymity, said three warning shots were fired from a .50 caliber gun after warning flares did not work. The incident started with three Iranian vessels, but there was only one Iranian vessel around by the time the warning shots were fired, the official said.
Iran Vessels Make 'High Speed Intercept' of US Ship
Four of Iran's Islamic Revolutionary Guard Corps (IRGC) vessels "harassed" a U.S. warship on Tuesday near the Strait of Hormuz, a U.S. defense official said, amid Washington's concerns about Iran's posture in the Gulf and in the Syrian civil war. The vessels harassed the destroyer by "conducting a high speed intercept and closing within a short distance of Nitze, despite repeated warnings," the official said. IRGC, the Islamic Republic's praetorian guard, is suspicious of U.S.
MN100: TPG Marine Enterprises, LLC
TPG Marine Enterprises, LLC is an operations, logistics and consulting company that specializes in all aspects of cargo movement on the Inland Waterways System. The firm owns and operates eight facilities in the Midwest and has about 200 employees. TPG Marine has interests in terminals servicing the Ohio, Green and Illinois Rivers along with a shipyard in Chicago. TPG brings innovation, efficiency…