LNG Carrier Contracts ABB for $40 million
ABB contracted to provide energy-efficient and environmental friendly solution for four LNG vessels to be built in Korea. Total orders in the first quarter of 2013 landed by ABB, worth close to $40 million, came from three gas transportation industry players and are for the supply of power and electric propulsion equipment for LNG vessels to be built in South Korea. ABB will supply its propulsion plant to work in combination with a duel fuel diesel engine plant on board a 155…
SeaFox Makes Minehunting a Breeze
SeaFox: a quicker, cheaper, safer mine-hunting capability for the Navy when it comes to keeping sea-lanes open. Mine hunting is the mission, identification and neutralization is the method; maintaining open, safe sea lanes is the goal. In the past, these tasks were accomplished by explosive ordnance disposal divers or the antiquated SLQ-48 Mine Neutralization Vehicle. While these units fit the bill and accomplished the mission…
MSC Sells Off Part of Its Terminal Division
MSC (Mediterranean Shipping Company) closes the 35% sale of its Terminal Division (Terminal Investment Limited SA) to Global Infrastructure Partners (GIP). MSC…
Cruise Ship 'Quantum Leap' for Meyer Werft
Royal Caribbean Cruises contracts for a third Quantum-class cruise ship to be constructed in the Meyer Werft shipyard. The delivery is for mid-2016 and the price and terms of the new ship are similar to the price and terms of the first two Quantum-class ships, subject to financing conditions. "We are excited to construct these tremendous ships to meet guests' demand for an exceptional cruise experience," said Bernard Meyer, managing partner Meyer Werft.
Free Hong Kong ECDIS Workshops
The United Kingdom Hydrographic Office (UKHO) brings to HK its free-attendance workshop on ECDIS regulations and procedures. This free workshop will present the…
Eni Directors Approve Bond Issue
The Board of Directors of Italy-based global energy corporation Eni has approved possible one or more bonds issues. The issue of the bonds is to be placed with institutional investors, with a value of up to a maximum amount of 3 billion euro, or its equivalent in other currencies, to be issued in one or more tranches by 30 May 2014. The company says that the bonds will enable it to maintain a well-balanced financial structure…
Panama Canal Boarding Facility Inspections
The Panama Canal Authority will hold its annual "Safe Boarding Week" from 8 to 12 July 2013. During the week it will highlight and encourage safe boarding practices…
Ship Repair Tradesmen of the Year Awards by VSRA
The 2013 Ship Repair Tradesmen of the Year were recently honored by the Virginia Ship Repair Association (VSRA). Steven Pulliam, an Outside Machinist from Oceaneering International, Inc. He was recruited to be a core member of the Shop Mechanical Team due to the high quality of his workmanship. He is a mentor to the Freshman class for his company’s Apprentice Program. He created a form that concisely…
RSC Bio Solutions Re-shuffles Leadership
The company, suppliers of biodegradable cleaners, degreasers & functional fluids, reorganizes its leadership team following its Terresolve acquisition. “With the…
Ultrapetrol Details its Mortgage Note Offering
Following on from an earlier announcement of the US$200-million offering, Ultrapetrol now give provide greater detail. The company has priced the offering of $200…
Drifter Buoys Launched from Warship
The buoys measure ocean currents up to 15 meters in depth, and were launched during 'Pacific Partnership 2013' to measure sea surface temperatures and atmospheric pressure. All are important elements in creating an observation network, allowing for more accurate weather forecasts. "The mission of Pacific Partnership is disaster relief preparedness," said Lt.j.g. Jeffrey S. Grabon, Pacific Partnership Mobile Environment Team division officer.
POLB 'Green Flag', 'Green Ship', Program Awards
The Port of Long Beach's Green Flag and Green Ship annual awards honored 20 shipping lines for efforts to improve air quality. Efforts to improve air quality locally were accomplished by slowing ships down or deploying cleaner vessels, or both. The Port’s Green Flag Program was created in 2005 and participation today is nearly universal. In 2012, almost 96 percent of all ships calling at Long Beach slowed to 12 knots within 20 nautical miles of the Port.
Today in U.S. Naval History: May 30
Today in U.S. 1814 - Navy gunboats capture three British boats on Lake Ontario near Sandy Creek, N.Y. For more information about naval history, visit the Naval Historical…
USCG Releases Investigation Report on 2009 Parasailing Accident
The Coast Guard Thursday released the final report on the investigation of the parasailing accident involving the small passenger vessel Tied High off the coast of Ocean Isle Beach, N.C., in 2009.
L.A. Port Extends Major Lease Agreement with Chinese Shippers
Mayor Antonio Villaraigosa announced the signing of an agreement with Yang Ming, a marine transport company, to extend its lease at the Port of Los Angeles for an additional nine years. Yang Ming’s current lease at the West Basin Container Terminal ends in 2021; with this agreement, it extends to 2030 and represents additional port revenues of between $365 and $525 million, depending on cargo volumes.
“The Essential Dry Docking Course”
Lloyd's Register North America will hold the “Essential Dry-Docking” Marine training course from June 18-20, 2013 at the Lloyd's Register office in Plantation, Fla. near Ft. Lauderdale.
Engineers Put Next-Generation U.S. Navy Ships to the Test
Naval Surface Warfare Center Carderock Division (NSWCCD) engineers conducted preliminary Ship to Shore Connector (SSC) seaworthiness model tests in the David Taylor Model Basin, April 22 - May 17. SSC is the replacement for the Navy's existing fleet of Landing Craft, Air Cushion (LCAC) vehicles, which are nearing the end of their service life. SSCs - like the LCACs they replace - will be primarily used to haul vehicles…
Teekay Acquires 50 Percent Interest in Itajai FPSO Unit
Teekay Offshore Partners L.P. announced that it has agreed to acquire a 50 percent interest in the Cidade de Itajai floating production, storage and offloading (FPSO)…
Mack Expands Bucket Range to Keep Up with Larger Orders
A family-owned and operated company founded in northern Minnesota in 1942, Mack began as a welding company to support the forestry and mining industries, but quickly reinvented itself as a crane attachment manufacturer specializing in material handling. Today, this focus is highlighted by Mack’s expanding range of clamshell buckets and grabs for the stevedoring industry, particularly well serviced from the company’s current base on Alabama’s Gulf Coast.
Nordic Shipholding A/S Releases First Quarter Results
Nordic Shipholding A/S announced its first quarter financial results for 2013. The company has had a moratorium on its product tanker debt in the past years and…
