Crew Cashcard a Continuing Success
Over 100,000 seafarers currently committed to the CrewCashCard, with a total potential of 1.5-million more to come. CrewCashCard eliminates many well-known pain points for both ship owners and their respective crew. Immediate benefits are achieved from bypassing the traditional practice of cash payroll payment distribution at ports of call. Benefits for the seafarers include safety and better funds securityâŚ
AEC Appoints Business Development Manager
Aquatic Engineering & Construction (AEC) appoints Martyn Conroy to Europe, Middle East & Africa (EMEA) region. Aquatic, an Acteon company, has the ability to lay flexible and semi-rigid product on the seabed, with wide experience of off- and onshore installations, transpooling and recovery and decommissioning. Conroyâs responsibilities in his new role will include leading sales and business development across the broader EMEA region.
Counter-Piracy Tugboat & Barge Guide
ReCAAP issue 'Tug Boats & Barge' guide to help owners, operators and crew stay safe from hijacking and piracy. The guide contains inputs and experience of tug boat ownersâŚ
Braemar Earnings Boosted by 'Rena' Operations
Braemar Shipping Services, international provider of shipping, marine & energy services, issues interim financial statement. The interim management statement refersâŚ
Steerprop Propulsion Win Orders from Russia & India
Finland's Steerprop wins orders from Russia's Severnaya shipyard & the Bharati shipyard in India for ECO CRP propulsors. The orders are for the new generation ECO CRP propulsors that are designed to provide the finest efficiency and maneuverability at even the highest speeds. The combined value of these orders is approximately 10 million Euros. The multi-purpose vessel ordered by the Russian Federation will be powered by two SP 120 ECO CRP -propulsors to operate at speeds of roughly 18 knots.
SHI to Build Eighth Drillship for Pacific Drilling
Pacific Drilling exercises contract option for Samsung Heavy Industries to construct another Ultra-Deepwater Drillship. The drillship will have a rated water depth of 12âŚ
World Superyacht Award Winner 'Seriously' for Sale
Builders Feadship puts its World Superyacht award-winning 45m megayacht for sale at a reduced 29.8 million Euro price. From the moment of her launch Feadship had special plans for the 45-metre Helix. The world's leading luxury motoryacht builder knew that she would be ideal to showcase the Feadship lifestyle to new and potential clients across the Far East. Helix fulfilled this brief in spectacular fashion during 2012âŚ
Offshore Thailand Drilling Contract for 'Atwood Orca'
An Atwood Oceanics subsidiary awarded drilling services contract by Mubadala Petroleum. The Atwood Orca, currently under construction at PPL Shipyard in SingaporeâŚ
Nautilus Marine Extends Acquisition Tender Offer
Nautilus Marine Acquisition Corp. extends its tender offer for Assetplus Ltd. until end of January 2013. The completion of the tender offer is a condition to Nautilus'âŚ
AAM Shipyard CEO Buys Out Founding Partner
CEO, Matthew Mullett, acquires complete control of All American Marine from founder partner Pat Pitsch. Mullett joined AAM as CEO in 1999 and has served as the managing partner of the shipyard since he became co-owner in 2003. Under Mullettâs leadership, the small boat builder has grown to become an award-winning and internationally known entity. Originally known for their 32â aluminum bay boats and 6-pak charter boatsâŚ
Blowout Preventer Ram Contract for VBR
Variable Bore Rams, Inc. (VBR) contracted by Weatherford Asia Pacific to provide Blowout Preventer (BOP) rams. Equipment stocking will begin in Feb. 2013 and willâŚ
Blumenthal Acquires Majority Stake in Terresolve
Blumenthal Holdings, Radiator Specialty Company (RSC) LLC owners, acquire a majority stake in Terresolve Technologies, Ltd. Terresolve Technologies, LTD, is a leadingâŚ
Simmons UK Double Up on Oil & Gas Deals
Simmons & Co in Aberdeen completed 14 deals in 2012 valued $2.3-billion, more than double the 2011 total value. The corporate finance advisers to the energy sectorâŚ
Harley Marine Awards US Fab Barge Contract
US Fab, a Vigor Industrial company, will soon begin construction on a 250âx70âx15â8â deck barge for Harley Marine Services at Vigorâs Swan Island shipyard in Portland, Oregon. This purpose built barge was designed by Jensen Maritime Consultants to transport a wide variety of cargo between Dutch Harbor and Akutan, Alaska with up to 3 runs per week. âHaving the ability to collaborate with Jensen and Harley during the initial production design for this bargeâŚ
Weinberg To Lead Canaveral Port Authority
Cocoa Beach resident Tom Weinberg will serve as Chairman of the Canaveral Port Authority Board of Commissioners for 2013. The former Chief of Staff for former Florida Sen. Mel Martinez was elected unanimously to the position during the first meeting of the year for the Board. Also elected were Titusville attorney Jerry Allender as Vice Chairman and Cocoa citrus grower Frank Sullivan as Secretary/Treasurer. Titusville attorney John H. Evans begins his first term on the Board.
âSecond youthâ for Clipper Stad Amsterdam
The three-masted, steel-hulled Clipper âStad Amsterdamâ undergoes a complete overhaul at Damen Shiprepair Vlissingen, the Netherlands. The revision of the 13-year-old vessel will give her a âsecond youthâ. The work will be finished before the end of May 2013. At the moment the Clipper is already at the yard and all interiors have been removed, including the boarding of the accommodation. All technical equipment will get a complete overhaul or will be replaced if necessary.
AUSTAL USA: Rolling Strong into 2013
Austal USA today finds itself plowing into 2013 with the proverbial bone in its teeth, powered by an enviably hefty U.S. government backorder book, possibly theâŚ
Oil & Water do Mix
Matters of fuel use, economy and emissions are âA-Listâ items on any vessel ownerâs agenda, as skyrocketing prices for diesel and a spiraling maze of regulation regarding fuel content and emissions are pressing owners to adopt technical solutions. Maritime Reporter & Engineeing News recently spent some time with Dr. Jerry Ng Kok Loon, the founder and CEO of Blue Ocean Solutions, and one of the industryâs leading experts within emulsified fuel technology.
UK P&Iâs Europe Club Receives Upgrade
The UK P&I Club (the UK Club), one of the oldest shipping protection and indemnity insurance mutuals, has announced that ratings agency Standard and Poorâs has extendedâŚ
Communications & Single Point Failures: Whatâs Your Back-up Plan?
How well prepared is your company for a natural disaster? How quickly could you get your operations up and running after the storm or other event hits? How about your vendors and suppliers? Emergency contingency plans (aside from vessel emergencies where oil has entered the water â that merits its own article and wonât be covered here) can start with a streamlined communications process. For emergencies ashore, how are you set up to handle business if the office is no longer accessible?
