CMA CGM Records Mixed Q3 Results
The Board of Directors of CMA CGM Group, the worldās third largest container shipping group, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the third quarter 2013. During the period, consolidated revenue amounted to $4.1 billion, up 1.4% over the second quarter and down 2.1% year-on-year. Volumes carried rose by 11% year-on-year to 3 million twenty-foot equivalent units (TEUs), a new historical record for the Group.
New Cummins Tier 4 Diesel Engines Hit the Market
Cummins Power Generation launched two new diesel G-drive engines from 240-433 horsepower that are certified to meet EPA Tier 4 Final emissions regulations for nitrogen oxides (NOx) and particulate matter (PM or soot) without the use of a Diesel Particulate Filter (DPF). Instead, the new engines employ a combination of in-cylinder combustion improvements, exhaust gas recirculation (EGR) and selective catalytic reduction (SCR) exhaust aftertreatment.
Fugro's New Geotechnical Drilling Vessel Begins Operation
Fugro Voyager, a purpose built DP2 geotechnical drilling vessel, is entering service with Fugroās Offshore Geotechnical Division to expand its operations in the frontier areas of the Asia Pacific region. Specifically designed and built to address the varied demands of the regionās deepwater markets, the new vessel has several features which will enhance overall productivity, Fugro said. At 83 meters by 20 metersā¦
Frydenbø SCHOTTEL Grows in Norway
Frydenbø Industri AS represents several brands and companies mainly within marine industry, - with central locations in Oslo, Bergen, Ålesund and Øksfjord. The nameā¦
Atlantic Energy Enters Total Lubmarine Fleet
A naming ceremony was held for Atlantic Energy, the newest addition to marine lubricant provider Total Lubmarineās fleet. The ceremony for the the newly-built vessel took place on November 18 at Posttrans B.V in Rotterdam, The Netherlands. Atlantic Energy is a 1,560 dwt, double-hulled barge. She features a 35-meter bunker boom, allowing delivery to the largest container ships in the world calling at Rotterdam port and Europoort.
Harkand, Siem Offshore Sign Charter Agreement
Harkand has entered into a charter agreement with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV) Siem Spearfish. The agreement covers a firm periodā¦
GTT Wins CWC LNG Technological Innovation Award
On the occasion of the World LNG Summit held in Paris on November 18-21, 2013, GTT was awarded the LNG Technological Innovation Award 2013 by CWC for its work on the development of its membrane containment systems to reduce the daily Boil-Off in LNG Carrier tanks. The LNG Technological award rewards an active member of the LNG industry, a company that has made a positive commercial or technical contribution to the LNG productionā¦
U.S. Navy Awards General Dynamics $17 Million for Support Services
The U.S. Navy awarded General Dynamics Electric Boat two contract modifications worth a total value of $16.8 million to perform nuclear and nonnuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the first contract, valued at $8.8 million, Electric Boat will continue to operate the Nuclear Regional Maintenance Department (NRMD) at the submarine base.
BSEE Cites 12 Operators for Neglecting SEMS Audits
Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno cited 12 offshore operators for their failure to demonstrate compliance with the Safetyā¦
Nordic American Tankers Announces Pricing of Follow-On Offering
Nordic American Tankers Ltd. announced the pricing of its previously announced underwritten public offering. The company agreed to sell 8,125,000 common shares atā¦
U.S.-Australian Defence Chiefs Strategic Dialogue
The Australian Chief of Defense Force, General David Hurley, and the U.S. Chairman of the Joint Chiefs of Staff, General Martin Dempsey, joined senior Australian and U.S.
Australia Awards Contract to Support Frigates
Chief Executive Officer of the Defense Materiel Organization (DMO), Warren King, announced that a multimillion dollar contract had been signed with Thales Australiaā¦
New L.A. Harbor Commissioners Hold First Meeting
The newly assembled Los Angeles Board of Harbor Commissioners held its first meeting, with four of the five-member panel newly appointed by Los Angeles Mayor Eric Garcetti. Three of the commissioners are Harbor Area residents. The Harbor Commission is expected to elect its president and vice-president at the next Board meeting on December 12 th. āSpurring investment and creating job opportunities at our nationās No. 1 Port is critical to Los Angeles and the entire country,ā said Mayor Garcetti.
Incat Crowther Opens Brazil Office
Incat Crowther announced the opening of an office in Rio De Janeiro, Brazil, created to meet the growing demand for Incat Crowtherās products and services in South America while placing Incat Crowther at the center of the South American Offshore Oilfield industry. The Incat Crowther Group said it has experienced significant international growth as a result of a track record of diverse vessel designs and unique consulting services.
MacGregor Receives Huge Order from Hyundai Heavy
MacGregor, part of Cargotec, has received an order worth $77 million (USD) for optimized cargo handling systems for five A-14-series and five A-18-series container vessels from Hyundai Heavy Industries Co. Ltd. in South Korea. The 14,000 TEU and 18,000 TEU ships are built for the United Arab Shipping Company (UASC) and they are scheduled for delivery between 2014 and 2015. The shipyard holds options for an additional five A-14-vessels and one A-18-vessel.
Hercules Offshore Provides November Fleet Status Report
Hercules Offshore, Inc. published the November Fleet Status Report. The report includes the Hercules Offshore Rig Fleet Status (as of November 21, 2013), which containsā¦
Statoil Extends Aker Maintenance ContractTwo Years
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway.
TITAN Salvage Receives DLA 'Hurricane Sandy Award'
The Defense Logistics Agency (DLA) recently presented Crowley Maritime subsidiary Houston-based TITAN Salvage with its Hurricane Sandy Award for exhibiting āunprecedented supportā immediately following the storm that devastated much of the Northeastern coast in late October 2012. The award was presented during the Business Alliance Awards ceremony in Fort Belvoir, VA. During the ceremony, Vice Adm. Mark D. Harnitchek, director, DLA, presented TITANās Samina Mahmood, U.S.
All Coast Liftboat 'Barracuda' Refit Work Goes to Semco
Gulf of Mexico liftboat operators All Coast, LLC, have entered into a contract with SEMCO, LLC, for the refurbishment and enhancement of its L/B 'Barracuda', which was previously out of service. Under this agreement, sponsons will be added to the hull, her leg length will be extended from 105 to 120 feet, and quarters will be enlarged. The quarters will be completely outfitted with new furnishings for guests' comfort.
Fairground Thrill Ride to be Installed on New RCI Cruise Ship
The second ship, 'Anthem of the Seas', in the new Quantum class will become the most technologically advanced cruise ship ever to be based in Europe, when it is launched in spring 2015, say owners Royal Caribbean International. The ship's first homeport will be Southampton, UK. The name of the first home port for the 4,108-guest double occupancy Anthem of the Seas ā currently being built at the Meyer Werft shipyard in Papenburgā¦
