CMA GCM: Third-Quarter 2012 Results
Very good operating performance, with profitability close to CMA CGMâs historic highs. The Board of Directors of Franceâs CMA CGM, the worldâs third largest container shipping groupâŚ
Great Lakes Coal Trade Down 11 Percent in October
Shipments of coal on the Great Lakes totaled 2.7 million tons in October, a decrease of 11.6 percent compared to September, and a drop of 11 percent compared to a year ago. Compared to the monthâs 5-year average, loadings were down 25.3 percent. Loadings at Lake Superior ports rose by 5.5 percent, but shipments from Lake Michigan and Lake Erie terminals decreased by 33.4 and 26.1 percent respectively. There were no overseas shipments from Superior, Wisconsin, in October.
Nautronix Strengthen Sales Force
Nautronix specialists in through water communications and positioning technologies, has announced the appointment of 3 Vice Presidents to their sales team. Experienced subsea development manager, Dan Williams, is serving as the companyâs VP Sales, Commercial Acoustics. In his new role, Dan will assume direct responsibility for building the awareness of Nautronix ADS² technology in the global marketplace. He will also facilitate the companyâs development in the diver communications market.
UK P&I Club Welcomes Standard & Poorâs Upgrade
It also noted the Clubâs improved operating performance as evidenced by the combined ratio, strength of management strategy, and the improvement in its competitive position. Dino Caroussis, Chairman of the UK P&I Club, said: âThis is a welcome endorsement by S&P of the UK Clubâs efforts to maintain balanced underwriting and a strong capital position in an environment of rising claims costs and volatile investments.
Statoil and Wintershall Sign Gas Supply Agreement
Statoil ASA (OSE: STL, NYSE: STO): Statoil and Wintershall have entered into a 10-year gas sales agreement for the delivery of a total of 45 billion cubic metersâŚ
Knud E. Hansen A/S Behind New Double End Ferry
Danish Naval Architecture Firm Knud E. Hansen A/S behind the Basic Design of new Double end ferry delivered by Hvide Sande Skibs- og Baadbyggeri. Hvide Sande Skibs- & Baadbyggeri delivered a 50m ferry to Swedish domestic ferry company Ven-Trafiken. The vessels, which name is Uraniborg, will be operating between Landskrona in Sweden and the Swedish island Hven in the Øresund. Knud E. Hansen A/S hasâŚ
BSEE: Platform Accident Investigation Underway
Bureau of Safety and Environmental Enforcement Update on Platform Fire Investigation. The Bureau of Safety and Environmental Enforcement (BSEE) began an investigation early Friday morning into the explosion and fire aboard a production platform, operated by Black Elk Energy, approximately 18 miles southeast of Grand Isle, La. An investigation team was formed by BSEE shortly after the explosion and fire and is comprised of safety inspectorsâŚ
Bulk Ship Accesses Japan Earthquake-Damaged Port
NYK bulk coal carrier resumes direct shipments to earthquake-damaged port of Haramach. The 90,000 dwt NYK-operated bulk carrier âHaramachimaruâ filled with coal has arrived at a dedicated port for a thermal power station operated by Tohoku Electric Power Co. Inc. This was the first arrival of a coal carrier at the berth since the Great East Japan Earthquake last year. The berth is located in the town of Haramachi, and wharf operations restarted as the power station became operational again.
Brazil Shipyard Delivers FPSO Early Gets Large Bonuses
Keppelâs yard in Brazil receives US$ 2-million in bonuses for safe and early delivery of Floating Production Storage & Offloading (FPSO) vessel. Keppel FELS Brasil S/A's (Keppel FELS Brasil) yard in Angra dos Reis, Rio de Janeiro, Brazil - BrasFELS - has delivered FPSO Cidade de Sao Paulo 19 days ahead of schedule and with an excellent safety record. FPSO Cidade de Sao Paulo has a production capacity of 120âŚ
Bahri Voted Best Managed Shipping Co. in Middle East
The National Shipping Company of Saudi Arabia ("Bahri" )named by Euromoney as the best managed in the transport & shipping sector, 2012. Bahri was ranked first before all transport and shipping companies in the Middle East. The award was based on a survey sent to bank analysts and equity investors who gave their opinions on the best three companies in the Middle East in the sectors included in the survey.
Sentinel Marine Sell AHTS, Order Two More
Sentinel sell new-build Anchor Handling Towing & Supply vessels AHTS 5150; order two more AHTS from Nam Cheong Dockyard. Buyers of the AHTS 5150, Hull SK 67, haveâŚ
UK Container Terminal Berth Works Contract Awarded
Contractor VolkerStevin appoints Mott MacDonald design engineer for deepening, renovation, of two berths in Southampton's Western Docks. Together with other port upgrades, the work for Associated British Ports will increase the terminalâs container throughput capacity by enabling future generation container vessels to access the port at all states of tide. Berths 201 and 202 were originally constructed in 1968 and 1973 respectively as the UKâs first dedicated container berths.
New USS Attack Submarine Sponsored by Second Lady
At Pentagon ceremony Dr Jill Biden, wife of Vice President Joe Biden, with Navy Secretary Ray Mabus announce the new sub's name to be 'USS Delaware'. Wherever the USS Delaware goes after she is launched in 2018, a "piece of my heart will go with her," said Dr. Jill Biden, who will sponsor the Navy's newest Virginia-class fast-attack submarine. Delaware's Sen. Tom Carper and Lt. Gov. Matt Denn also attended the ceremony announcing the submarine's name.
Hurricane Sandy Leaves Fingerprints on Sea Floor
Researchers use side-scan & multi-beam sonar to get a good picture of what the passage of the storm did to the sea bed. Beneath the 20-foot waves that crested off Delaware's coast during Hurricane Sandy, thrashing waters reshaped the floor of the ocean, churning up fine sand and digging deep ripples into the seabed. Fish, crustaceans and other marine life were blasted with sand as the storm sculpted new surfaces underwater.
Diana Containerships Continues Profitable in Latest Financial Report
Diana Containerships Inc. container ship owners & operators report financial results in Q3 & first nine months trading in 2012. The company reported net income ofâŚ
'Oil Spills in Arctic Waters' Published by US ARC
The US Arctic Research Council (ARC) in association with others, reports on research & mitigation measures for oil spills in the Arctic marine area. This âwhiteâŚ
Condor Catamaran to Drydock at UK's A&P Shipyard
A&P Falmouth is soon to drydock the 'Condor Express', one of the aluminium fast cats operated by Condor Ferries. Falmouth regularly drydocks the conventional Condor ferries, Condor Clipper and Condor Goodwill, but will now also see the aluminium catamaran Condor Express arrive for drydocking during November. Work will include hull painting, exhaust repairs, stern door repairs, aluminium hull repairsâŚ
NNS Shipbuilding Employee Gets Community Service Award
HII employee Joey Melendez receives the Society of Professional Hispanic Engineers' STAR Award for outstanding community service. Melendez, a systems engineer for the company's Newport News Shipbuilding (NNS) division, was presented with a 2012 SHPE STAR Award during the organization's annual national conference in Fort Worth, Texas. "It's quite an honor to be recognized for my service to the community, especially from a great national organization such as SHPE," Melendez said.
Great White Shark Boat Caterpillar Powered
Caterpillar to feature OCEARCH âShark Wranglersâ, at upcoming 2012 International Workboat Show, New Orleans. Recently featured in the hit television show âShark Wranglersâ on the History ChannelâŚ
World's First Dual-fuel Ice-class LNG Carrier
LNG Carrier 'Coral Energy' naming ceremony to take place next month at the Port of Rotterdam Cruise Terminal. The new ship is claimed by the Dutch owners, Anthony Veder, to be worldâs first direct driven dual-fuel ice class 1A LNG carrier. Its development started in 2010 in close cooperation with Norwegian gas provider Skangass. The design of the ship makes it possible to deliver LNG to all sizes of terminals in an environmental friendly way.
