The U.S. Coast Guard responded to and recovered three members from a fishing vessel that was on fire. An HH-60 Jayhawk helicopter from Coast Guard Air Station Astoria, Ore. and an 47-ft. Motor Lifeboat from Station Cape Disappointment (Wash.) responded to a distress call from the fishing vessel Rear Fisher. The distress call, stating the 58-ft. fishing vessel was on fire and the crew abandon ship for a life raft, was confirmed by the fishing vessel Backlash. The three members of the Ilwaco-based fishing vessel were recovered by the Coast Guard and the F/V Backlash; and transported to Station Cape Disappointment. One crewmember was taken to Emmanuel Hospital, in Portland, suffering from burns on his face, arms, and back. The other two members were in good condition.
The U.S. Department of Energy discouraged U.S. liquefied natural gas exporters from allowing direct Chinese investment in their projects for fear of political backlash, according to Michael Smith, chief executive at Freeport LNG which is building a plant to export U.S. overseas. (Reporting By Edward McAllister)
The first political backlash from the recent explosion and sinking of Deepwater Horizon appears to be the Department of Interior’s Minerals Management Service, as it movement is reportedly underway to split the agency that polices the offshore drilling industry, according to articles in the May 12 edition of the Wall Street Journal. The impetus for the split? As currently configured, MMS is responsible both to ensure safety of oil drilling in federal waters
Prime Minister Tony Abbott has assured South Australians there will be more submarine jobs here even if he won’t commit to having a new fleet of vessels built there, as Liberal MPs fear voter backlash if the contract for Australia’s next-generation fleet goes to Japan. "Whatever happens, I can give an absolute, categoric guarantee there will be more sub jobs in South Australia and I think that's what South Australians understandably want
An influential Australian senator has asked Japan to buy components for its Soryu submarines from Australian companies to boost its chances of winning a major contract to supply Canberra with a fleet of submarines. Independent South Australian Senator Nick Xenophon made the request to submarine builders Kawasaki Heavy Industries Ltd and Mitsubishi Heavy Industries Ltd as well as government officials in a series of meetings in Japan this week.
Business Korea reports that rumours are now rife in the container business world that Maersk could swoop on Hyundai Merchant Marine and subsume its activities into their own business. The report says that recent moves by Hyundai Merchant Marine to join the 2M alliance led by Maersk and MSC, it is predicted that the Korean company will be taken over by Maersk 'if it ever gets on its feet again' Even though it is still a prediction, if the prediction becomes a reality
India will announce the auctioning of 80-85 oil and gas blocks for exploration and production in the seventh licensing round under New Exploration Licensing Policy (NELP) in the first week of November. Oil regulator Directorate General of Hydrocarbons (DGH) has carved out 80-85 blocks to be offered for bidding under NELP-VII. The total acreage of the blocks on offer is about 0.4 million square kilometers. Offshore blocks on both east and west coast would be offered
Southington, Conn. -- August 11, 2011... For speed and position monitoring on large diameter shafts, Baumer introduces their HDMag line of high-precision, bearing-less and contact-free magnetic tape encoders. Replacing expensive and complicated specialized solutions that require belts, gears, couplings and linkages, the HDMag series of encoders is easy to install and will direct mount onto almost any large-shaft torque motor or generator.
Australia should discuss building its next-generation fleet of submarines overseas, the Department of Defence said on Monday, a shift that could open the door to a partnership deal with Japan that carries political risk at home and abroad. Australia is looking for partners to help it build about a dozen diesel-electric submarines to replace its aging Collins Class fleet and help to extend its maritime surveillance deep into the Indian Ocean.
Container ship safety is under the spotlight with ever-increasing ship sizes, as evidenced by the January 2015 inauguration of the world’s largest container ship, the MSC Oscar (19,224 teu). The length of four football pitches, it can carry 19,000 containers. Yet ships as large as 22,000 teu are expected to be in service soon. Experts in this field say that losing bigger ships could cost $1bn each.
Shipping losses continued their long-term downward trend with 75 reported worldwide in 2014, making it the safest year in shipping for 10 years, according to Allianz Global Corporate & Specialty SE’s (AGCS) third annual Safety and Shipping Review 2015
With the towering bridges that span the Bosphorus choked by traffic, a new boat service from Uber aims to capitalise on Istanbul's infamous road congestion. In partnership with local sea transport company Navette the Uber Boat venture is unlikely to net a significant chunk of the
A mini order boom fueled by gas, “green-tech”, tankers and new rules is underway in shipbuilding. It won’t fill all yards, but changes like the July 2015 cap on sulfur emissions garner retrofit and rush orders. Even China’s Directive 55 obliges its mixed bag of yards to
Libyan forces loyal to eastern commander Khalifa Haftar said on Monday they had tightened their control over four major oil ports, casting a Western-backed project to unite Libya and revive oil exports into deep uncertainty. Haftar's forces met little resistance as they seized the
A backlash against older tankers and flags of convenience, triggered by the December sinking of the Erika off the coast of France, achieved a tangible first step last week with the signing of a Ship Safety Charter by oil majors and ship classification firms involved in the French petroleum
2002 will surely not be counted as “a banner year” for many, if any, industries, particularly not for the leisure and travel niche. The cruise industry survived a tough year, as terrorism, a shakey economy and sickness outbreaks onboard ships grabbed headlines
By Rich DeSimone The economic storm signals are all around us: the wild swings in stock markets globally, the contraction of credit availability worldwide and the frequent use of the dreaded “R” word. Is the United States headed for a deep recession? Is a
VULKAN Couplings is launching the VULKARDAN G 84 at the Koremarine in Busan (26th to 29th October 2011, Hall LB, Stand Number 0.58), and this coupling has especially been designed for generator drives and electric motors in the medium power range
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two Highest-Ranking BP Supervisors on Deepwater Horizon
Global oil prices surged on Tuesday as a weaker U.S. dollar boosted buying, while expectations for bullish inventory reports in the U.S. and fresh unrest in eastern Ukraine lent support. As the U.S. dollar plunged to session lows against the Japanese yen and the euro, U.S
Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry hopes that the Obama administration may soon begin to ease a longstanding ban on oil exports. Although it would require an act of Congress to end the four-decade export ban
IBM Corp has signed an agreement with the city of Beijing to use advanced weather forecasting and cloud compting technologies to help tackle the Chinese capital's persistent smog. After a series of pollution scares and scandals
India is hoping to win Japanese backing for a nuclear energy pact during a visit by Prime Minister Narendra Modi, and lure investment into its $85 billion market while addressing Japan's concern about doing business with a nuclear-armed country.
BHP Billiton Ltd is set to be the first company to export lightly processed ultra-light U.S. oil without explicit permission from the government, further testing the limits of an increasingly contentious ban on foreign sales. Eight months after two other U.S
At the SMM 2014 in Hamburg, Vulkan Couplings presented two new products: the TDS Plafrix, a shifting clutch and flexible coupling combination, tailored to the use of harbor tugs in particular, and The Vulkardan GBF, a coupling for generator applications featuring a solution for the so-called