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31 Jan 2014
Will an Unsteady Ship Affect Superbowl XLVIII?
With the Superbowl around the corner, unusual maritime ties may play a role in the big game between the Denver Broncos and Seattle Seahawks. As part of the press events leading up to Superbowl XLVIII, the Broncos held press conferences Sunday, Monday, Wednesday and Thursday aboard a 210-foot luxury cruise liner docked in the Hudson River outside the team’s hotel in Jersey City, N.J. On Wednesday and Thursday…
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30 Jan 2014
Shell Suspends Alaskan Offshore Drilling
Faced with an earnings slump and added pressure from a recent federal court ruling, Shell has abandoned plans for offshore drilling near Alaska in 2014. Shell’s new CEO Ben van Beurden announced to investors today that the company will undergo a major refocus aimed at reversing down financial results, and part of that plan involves leaving Alaska off its agenda—at least for 2014. The major cog Van Beurden referenced was a federal ruling that said the U.S.
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23 Jan 2014
Coast Guard Reports No Sign of “Ghost Ship”
Global newswires are flooded with reports that an abandoned cruise vessel, Russian-registered Lyubov Orlova, dubbed the “rat-infested ghost ship,” is nearing the…
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10 Jan 2014
Nordic American Tankers CEO: Market is Improving
Nordic American Tankers Limited (NAT) issued a letter to shareholders from the company’s chairman and CEO, Herbjorn Hansson, noting improved market conditions for NAT’s Suezmax tankers. In a December 10, 2013 letter to shareholders, Hansson highlighted improved conditions in the Suezmax spot tanker market, and in his latest letter said the development has continued into 2014. “We do not predict spot tanker rates,” Hansson said.
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06 Jan 2014
Bourbon and CGG Partner for Seismic Survey Success
Announced in June 2011, Bourbon and CGG entered a five-year charter agreement for a series of six custom newbuild seismic support vessels. Now more than two years later, the third ship in the series, Bourbon Gannet, is due to enter service in the early part of 2014, following the launch of the first two vessels, Bourbon Petrel and Bourbon Fulmar, in summer and autumn 2013, respectively. The remaining three sister vessels are under construction in Dubai’s Grandweld Shipyard…
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06 Jan 2014
MES President Addresses Company Developments
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) president Takao Tanaka delivered a New Year message in which he comments on future market directions and developments as related to MES as well as the industry as a whole. Tanaka outlined his company’s approach to stabilizing profits across each market segment in which it is present, highlighting a company-wide focus on expansion and balanced growth.
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10 Dec 2013
Konrad, Cummins Propulsion Package Partnership
Sterndrive specialist Konrad Marine formally entered a partnership with diesel engine manufacturer Cummins Marine to jointly offer a complete propulsion package to the commercial, military and recreational maritime markets, a partnershipo announced October 9 at the Workboat Show in New Orleans. The package combines Cummins’ new QSB 6.7L diesel engines (230-425 hp)and Konrad Series 600 sterndrives to present a full propulsion offering…
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06 Dec 2013
Cat tackles Tier 3 and Tier 4; Completes Berg Deal
Caterpillar Marine and Power Systems was one of the most active companies at the 2013 International Workboat Show in New Orleans, debuting several new products that are compliant with EPA Tier 3 and 4 regulations, and finalizing the acquisition of propulsion equipment manufacturer Johan Walter Berg AB. Caterpillar Inc., which is one of the biggest names in industrial equipment, engines and turbines, recorded 2012 sales revenues of $65.9 billion.
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13 Nov 2013
Grounded Vessel Leaked 6,000 Gallons
According to the Alaska Department of Environmental Conservation (DEC), grounded fishing vessel Arctic Hunter has leaked approximately 6,000 gallons of diesel fuel and 400 gallons of hydraulic lubricating oil, and a light sheen was seen surrounding the vessel. Resolve-Magone Marine Services has secured pollution sources on the vessel, the report said, and the company will conduct further salvage operations as weather conditions allow.
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13 Nov 2013
Arctic Sea Routes of Limited Use to China
As China’s international trade remains seemingly ever-growing, the country continues to seek diversified options for expanding its global trade. The prospect of Arctic shipping passages have generated much discussion throughout the industry, especially as weather trends seem to implicate a potentially vast opening of passable routes, most specifically for China in the Northern Sea Route. Executive Director of The Arctic Institute…
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11 Nov 2013
Matson Orders Engines for New Containerships
Matson Navigation Company, Inc., a U.S. carrier in the Pacific Ocean, announced an order today for two MAN B&W, 7S90ME-GI dual fuel engines with liquefied natural gas (LNG) capability to be installed aboard two new “Aloha Class” 3,600 TEU containerships ordered last week from with Aker Philadelphia Shipyard Inc. (APSI). The deal includes an option for three further vessels. The dual fuel engines, each developing 42,700 kW, are reportedly the largest ever ordered in terms of power output.
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29 Oct 2013
Improving U.S. Freight Transportation System
The Panel on 21st Century Freight Transportation published its final report on United States freight transportation, offering an assessment of its current condition…
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29 Oct 2013
Commissioner Doyle: LNG "Blossoming" as Marine Fuel
FMC Commissioner William P. Doyle issued this morning’s opening remarks at the American Society of Transportation and Logistics (AST&L) 6th Sino - American Logistics Conference in Chicago, Il, where he addressed the use of LNG as a marine fuel. Doyle cited the United States' abundance of natural gas as a driver for the country’s marine industry to adopt LNG as an alternative fuel source. In addition…
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28 Oct 2013
Barge Master Provides Stable Platform for Crane, Offshore Ops
Innovation is a theme rippling through Holland’s robust maritime industry. From ropes and winches to hull and crane design, Dutch marine engineers repeatedly answer the call for safe, efficient marine operations. An exemplary display of genuine Dutch innovation can be found at Barge Master, a company that develops and produces motion compensation platforms designed primarily for cranes and supply barges in the marine offshore and nearshore construction sectors.
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28 Oct 2013
Anything but Standard: Damen Newbuild and Repair Group Targets Global Growth
From a single newbuild and repair yard near Rotterdam in 1927, the family-owned Damen Shipbuilding group has expanded to 38 shipyards and related companies involved in new construction as well as repair and maintenance activities. Now with more than 8,000 employees and a presence in 34 countries, the Netherlands-based Damen group has become one of the world’s most successful shipbuilding businesses, thanks largely to its production methods and ever-expanding design portfolio.
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25 Oct 2013
The Netherlands: Maritime Nation Thrives Despite Downturn
The Netherlands maritime sector has fared relatively well despite turbulent conditions brought about globally by 2008’s financial crisis. The country’s marine businesses combine for an annual turnover near $25 billion, compiling upwards of 2.5% of Dutch earnings. Maritime Reporter explores the Holland maritime cluster, its businesses, trends and outlook. A seafaring nation for more than five centuries…
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18 Oct 2013
Winn Willard: Bringing Venerable Designs Forward
Hunt Yachts, founded by Raymond C. Hunt in the mid 20th century, is probably best known for its “deep-V” hull, a feature long revered as its signature. The business originated with the design of speedcruisers and motor yachts, evolving into military and commercial markets. Winn Willard, Director of Hunt Yachts and Vice President of Hunt Associates, has been with the company since 1970 and is responsible for some of Hunt’s most influential designs. Mr.
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17 Oct 2013
Port Operations Halted as Baltimore Strike Continues
Multiple sources reported that a longshoremen labor strike at the Port of Baltimore Wednesday morning has forced the closure of the port’s major terminals. All cargos at the port's public marine terminals continue to be affected and no ships are operating. The strike was brought into effect by a vote held Tuesday night where the International Longshoremen's Association Local 333 rejected a local contract with the Steamship Trade Association of Baltimore…
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16 Sep 2013
Maintaining the Ship of Mercy
International faith-based organization Mercy Ships has used ships as traveling hospitals since 1978, providing health services to millions of people from the world’s poorest countries. Gathering praise from figures such as Nelson Mandella, Desmond Tutu, Jimmy Carter, George W. Bush and Tony Blair, the organization and its work have had a vast impact globally with more than 2.42 million direct beneficiaries to date and an estimated cumulative work bill near $1 billion.
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11 Sep 2013
Sterling Builds Massive Dredger
Vessel’s crane is the centerpiece of this state-of-the-art, technologically advanced workhorse platform. Sterling Equipment, Inc., an East Coast marine construction rental company based out of Quincy, Mass., has more than 135 pieces of floating equipment in commission, but its newest barge, a 180- x 65- x 12-foot crane dredge, will be among its largest and most technologically advanced. In September 2012, Sterling, a subsidiary of Jay Cashman, Inc., contracted May Shipyard on Staten Island, N.Y.