BOEMRE Calls for Public Input on Proposed 2012-2017 Gulf of Mexico Lease Sales
NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced it is seeking information and nominations from all interested parties regarding proposed oil and gas lease sales in the Gulf of Mexico Western and Central Planning Areas for the 2012-2017 Outer Continental Shelf (OCS) Oil and Natural Gas Leasing Program. BOEMRE will analyze information received in response to this Call for Information and Nominations (Call)…
TEN Reports 4Q Results
- Voyage revenues of $408.0 million. - Operating income of $80.7 million, after vessel impairment charge of $3.1 million. - Net income of $19.8 million, after vessel impairment charge of $3.1 million. - EPS (diluted) of $0.50 ($0.58 per share excluding impairment charge). - Average daily operating expenses per vessel decreased by 11.9% to $7,647. - Fleet utilization of 97.6%. - Sale of five tankers with a net gain of $19.7 million.
CRUDE CARRIERS CORP. APPOINTS DIMITRIS P. CHRISTACOPOULOS TO ITS BOARD OF DIRECTORS
ATHENS, Greece, March 14, 2011 – Crude Carriers Corp. (NYSE: CRU) today announced that its Board of Directors has elected Dimitris P. Christacopoulos to serve as a Director on the Company’s Board. He will be an independent Board member and will serve on the Board's Audit and Independent Directors’ committees. Mr. Christacopoulos, 40, joined the Company’s Board on March 11th, 2011. Mr. Christacopoulos currently serves as a Partner at Octane Management Consultants.
UAE Seaports Account for 61% of GCC Trade Volume
Recognising the vital role of the UAE’s ports in providing trade links between the Far East, Asia, Europe and the US, international shipping and cargo experts are set to gather in Abu Dhabi on 28-30 March, for the World Ports and Trade Summit 2011. Across the emirates, a number of port developments are moving forward as global trade gathers renewed momentum and investment capital again begins to flow post-recession.
MAN Turbocharger Family Announces New Arrival
Revealed in January 2011 and weighing 1.970 kg, the TCA44 recently underwent an extensive test programme on MAN Diesel & Turbo’s turbocharger test bed in Augsburg. The TCA44 completes MAN’s TCA turbocharger range for two-stroke engines at its lower end. Until now, the TCA55 with a small turbine and compressor wheel has been used for such engines. Though thermodynamically feasible, the TCA55 suffered by its larger size and weight, which was a decisive disadvantage on the cost side.
Which way will container freight rates go? Carriers at crossroads, says Drewry
New Drewry special report examines drivers of container freight rates, provides five year forecasts of major east-west trades and offers suggestions for carriers and shippers on how to smooth pricing volatility. London, UK, 14th March 2011 – Container freight rates go up and then they go down - that’s just the way things are. This almost pathological acceptance that things cannot and will not change…
OilCareers.com Joins Forces With Air Energi To Announce Latest Oil & Gas Workforce Survey
March 14, 2011: Salaries in the global oil and gas industry are to increase throughout 2011 according to a joint report from OilCareers.com, the international job board for the oil and gas industry, in association with partner Air Energi, a global provider of manpower solutions to the energy sector. Focusing on employment and salary trends in the energy sector throughout 2011 the report, entitled ‘The…
UK P&I Club’s ‘Legal Briefing’ Focusses on BW Management
The UK P&I Club has chosen to focus its latest Legal Briefing publication on the International Convention for the Control and Management of Ships’ Ballast Water and Sediments, adopted by the IMO in 2004. Implementation of the Convention is now probably just two years away and ship owners and managers are coming under increasing pressure as they struggle to be ready in time. Over the past 20 to 30 years…
ORBIT EXPANDS GLOBAL PRESENCE FOR ITS SATELLITE COMMUNICATIONS BUSINESS UNIT
Netanya, Israel, March 14, 2011 – ORBIT Communication Systems, Ltd., a Satellite Communications, Tracking & Telemetry, and Communications Management Systems provider, today announced that it has appointed new regional sales directors in Europe and Latin America for its Satellite Communications (SatCom) Business Unit. Mr. Michel Rieken has joined ORBIT Communication Systems Europe as Director of Sales and Business Development.
This Day in U.S. Coast Guard History - March 14
1819-The 23 March 1819 edition of the New York Evening Post reported: "The Artegan Privateer GENERAL ARTIGAS was yesterday brought into this port. The ARTIGAS sailed from Baltimore about 5 months ago…
This Day in U.S. Naval History - March 14
1863 - RADM Farragut's squadron of 7 ships forces way up Mississippi River to support Union troops at Vicksburg and Baton Rouge 1929 - NAS Pensacola aircraft make 113 flights for flood rescue and
33% GROWTH FOR COSTA CRUISES IN THE MEDITERRANEAN: ALMOST 9 MILLION PASSENGER MOVEMENTS IN 2011
Genoa, March 14 2011 – Costa Cruises, the largest Italian travel group and Europe’s no.1 cruise company, has confirmed its undisputed leadership in the Mediterranean; this region, which enjoys one of the highest growth rates in the global cruise industry, will be the focus of attention at Seatrade Cruise Shipping Miami 2011. It is estimated that this year, with about 2,800 calls in 92 destinations…
USCG Seeks Members for LMRWSAC
The US Coast Guard is seeking applications for membership on the Lower Mississippi River Waterway Safety Advisory Committee (LMRWSAC). Applications should be received by May 1. 76 Fed. Reg.
Pirated Crew of MV York and MV Rak Afrikana Arrive Safely
The MV York, together with 25 crewmembers from the MV Rak Afrikana, arrived safely in Mombasa after being released from pirate control on March 9. The crew of the MV Rak Afrikana, which was herself released by pirates on March 8, were transferred to the MV York after being rescued by the Italian warship ITS Zeffiro when the master sent out a distress call. The MV York, and her crew of 17 (from Germany…
Bahtera Bahari Shipyard: The Next Generation
As with many businesses in Southeast Asia, the Bahtera Bahari Shipyard on Indonesia’s Batam Island is a family business. Although the present company was founded only recently, in 2005, the family’s association with the marine world of Indonesia extends back several decades. One of four children Ms. Tresya, the oldest of two sisters, has completed her training in program management in Australia. She…
Ultrajets for Norwegian Aquaculture Boats
Established by Markus N. Hansen in 1919 and later with his brother Realf the company started out originally repairing and building engines. In the mid-1970s Grovfjord Mek Verksted AS progressed to building aluminium and steel fishing boats up to 88ft in length, and in the 1990s receiving contracts for the repair and building of shrimp trawlers. In 1998 Grovfjord Mek Verksted made the decision to focus…
USCG Port Security Advisory for Libya
The U.S. Coast Guard, in light of civil unrest in Libya, issued a Port Security Advisory for Libya March 11, suggesting security measures for ships to take when calling upon Libyan ports.
Obituary: William B. Hamilton, Jr.
William B. Hamilton, Jr., of Ponte Vedra Beach, Fla., and formerly Executive Vice President of Sea-Land Service, Inc., and President and CEO of its affiliate, Monterey Transportation Co.…
Rapp Hydema Winch Package for Icelandic Trawler
Rapp Hydema has just completed successful sea trials of electric winches for the F/V Thorunn Sveinsdottir, an Icelandic fishing-trawler. The substantial winch suite supplied includes Split Trawl (2)…
USCGC Acushnet Decommissioned
The 67-year-old Cutter Acushnet, the Coast Guard's "Queen of the Fleet", is moored to the pier prior to the cutter’s decommissioning ceremony at Base Support Unit Ketchikan Friday, March 11, 2011. The Acushnet served as a medium-endurance cutter in the Pacific Ocean, Gulf of Alaska, Bering Sea, and Arctic Ocean. Primary missions included search and rescue, homeland security, maritime law enforcement, and environmental protection. U.S. Coast Guard photo by Petty Officer 2nd Class Walter Shinn.
