Rolls-Royce Marine H1 2013 Strong Revenue Increase
Revenue increased by 16%, reflecting OE volume from improvement in the Offshore sector, services growth in Offshore and Naval and foreign exchange benefits. However profit decreased by 8% due to adverse revenue mix, pricing pressures and warranty charges, partially offset by cost reduction and favourable foreign exchange. The order book increased 10% including an order intake of £1.7bn (£2.2bn in H1 2012).
Inmarsat Alphasat Satellite Launch Successfrul
Inmarsat provider of global mobile satellite communications services, confirms the successful launch of Alphasat, the largest satellite, designated I-4A F4. Alphasat was launched on an Ariane 5 ECA, the latest version of the Ariane 5 launcher, from the Guiana Space Centre in Kourou, French Guiana at 20.54hrs BST on 25th July (16.54hrs Kourou local time). Arianespace confirmed a successful spacecraft…
ABS Consulting Awarded Government BPA
ABSG Consulting Inc. selected for the GSA Performance Management and Continuous Process Improvement (PM/CPI) Blanket Purchase Agreement (BPA). The government-wide…
Transocean Notify Q2 2013 Results, Teleconference
Transocean Ltd. announces Second Quarter 2013 earnings release date and conference call information
. The company will report earnings for the three months ended June 30…
Security Experts Confer on West Africa Maritime Security
More than 60 participants from the 20 coastal Member States of the Port Management Association of West and Central Africa (PMAWCA) joined international experts…
Gulf Island Fabrication Q2 2013 Profit Slip
Gulf Island Fabrication, Inc., based in Houma, Louisiana, reported net income of $4.3 million ($.30 diluted EPS) on revenue of $154.6 million for its second quarter ended June 30…
New OOCL Mega-Container Ship Chartered Out
The new 13,208 TEU container ship commissioned by OOCL from has been christened 'NYK Hermes' at Samsung's Geoje, South Korea, shipyard. The new ship is the sixth…
Naval Architects Vote NYK Coal Carrier 'Ship of the Year'
'Soyo', an NYK-owned coal carrier, has been selected as the 2012 "Ship of the Year" by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). JASNAOE’s “Ship of the Year” award has been presented every year since 1990 to a Japan-built vessel that the society considers to be the most technically advanced, well-designed, and socially conscious. Soyo was honored for its innovative air-lubrication system and its proven impact on CO2 reduction.
GofM Rig Incident: BSEE Permission Sought to Drill Relief Well
Latest news is that the flow of natural gas under pressure has stopped and BSEE informs that work continues to secure the well, and all options are being considered for the most efficient and safe path forward. The gas flow was feeding the rig fire, which has decreased to a small flame. The rig and natural gas well are located 55 miles offshore Louisiana in a water depth of 154 feet. Owners of the rig…
Seminar Helps Strengthen Security in West/Central Africa
More than 60 participants from the 20 coastal Member States[i] of the Port Management Association of West and Central Africa (PMAWCA) joined international experts…
New Director of Center for Maritime Policy and Strategy
Capt. Richard W. Sanders, Ph.D., a member of the Permanent Commissioned Teaching Staff at the U.S. Coast Guard Academy and professor of chemistry, has been named…
Northrop Grumman to Supply Steering for USN Destroyers
Northrop Grumman Corporation has been awarded contracts totaling $14.4 million by prime contractors General Dynamics Bath Iron Works and Huntington Ingalls Industries…
Today in U.S. Naval History: July 25
Today in U.S. 1863 - U.S. Squadron bombards Fort Wagner, N.C. 1866 - Rank of Admiral created. David G. Farragut is appointed the first Admiral in the U.S. 1898 - Landing party from armed yacht Gloucester occupies Guanica, Puerto Rico. 1912 - First specifications for naval aircraft published. 1934 - First President to visit Hawaii, Franklin D. 1941 - Bureau of Ordnance issues first Navy "E"certificates (for excellence) for industry.
Bestobell and W&O Enter Distribution Deal
Bestobell Valves, part of the President Engineering Group (PEGL), has named W&O Supply, a global supplier of marine pipe, valves and fittings, valve automation, and engineered solutions to the marine and upstream oil and gas industries, as its exclusive distributor for Bestobell Valves in North America. Through this partnership, Bestobell Valves, headquartered in the United Kingdom, and W&O, headquartered in Jacksonville…
American Maritime Industry Praises Obama, Foxx for Port Visit
The American maritime industry today praised President Barack Obama and Transportation Secretary Anthony Foxx for visiting the Port of Jacksonville, Florida to talk about jobs and economic growth.
High Wheat Yields Boost Brunswick Exports
A bumper crop of wheat has led to a booming export business at the Port of Brunswick, with the first export vessel of the season departing today. “This is going to be a banner year, in the range of 90,000- to 100,000-tons of wheat moved across our docks at Colonel’s Island Terminal,” said Georgia Ports Authority Executive Director Curtis Foltz. According to the U.S. Department of Agriculture, farmland dedicated to wheat production in Georgia grew from 230…
Intelsat GVF Training Surpasses 1,000 Sponsored Trainees
Satellite service provider Intelsat S.A. announced today that more than 1,000 industry professionals have undergone training in the Intelsat-sponsored Global VSAT Forum (GVF) training program.
Strategic Delivers Jati Six Crewboat in Singapore
On Jully 24, specialist boatbuilder Strategic Marine launched the Jati Six crew transfer vessel for Malaysian client Dinasti Jati Sdn Bhd. The vessel is part of a multi-ship order. The superstructure was built at Strategic's other shipyard in Vietnam then shipped to their Singapore yard for technical fittings and delivery. The Jati Six is 40 meters in length, classed by ABS, and can carry up to 58 passengers. It operates with a crew of 10.
Piracy Threats as Seen Through the Eyes of the Beholder
As the threat posed by maritime piracy continues in several parts of the world, there is a growing debate among different governments, private sector analysts, non…
Bulk Cargo IMSBC Code Requirements
A review of recent incidents has highlighted a failure of not only ship’s crew, but also charterers and shippers, to comply with the mandatory requirements of the…