Boeing News

18 May 2020

Iran Warns US Against Any Move on Fuel Shipment to Venezuela

© MarineTraffic.com

An Iranian news agency close to the elite Revolutionary Guards said on Saturday there would be repercussions if the United States acted “just like pirates” against an Iranian fuel shipment to Venezuela.A senior official in President Donald Trump’s administration told Reuters on Thursday the United States was considering measures it could take in response to Iran’s shipment of fuel to crisis-stricken Venezuela.The oil sectors of Iran and Venezuela, members of OPEC, are both under U.S. sanctions.

28 Apr 2020

US Navy Pays Contractors $600 Mln That Had Been Withheld

File photo (U.S. Navy photo by Keith Simmons)

The U.S. Navy has paid defense contractors $600 million it had withheld due to poor workmanship, hoping the funds would shore up finances for suppliers ravaged by the coronavirus-driven economic downturn, a Navy official said on Tuesday.The move, which follows a similar action taken by the Air Force that released billions of dollars in payments, is aimed at replacing revenue vital Pentagon suppliers have lost in their non-military businesses as the spreading coronavirus has halted…

27 Mar 2020

Opinion: Getting Ahead of the Reality

Frank Coles, CEO, Wallem Group

In a few short months, the mayhem wrought by coronavirus has changed the world. Our response to the epidemic [more than the virus itself] has the potential to permanently alter the balance of the global economy. But it might be the kind of Black Swan event that we need to trigger real change in the shipping industry – and in particular its approach to digitalization of vessel operation.Like the worldview bubbles created by social media algorithms and fake news, the maritime industry is living in its own digitalization fantasyland - one fueled by vendor delusion and media misinformation.

12 Feb 2020

Titan Acquires HII's San Diego Shipyard

(U.S. Navy photo by Adam Ross)

One the United States' largest fleet service and ship repair sites is changing hands.Ship repair and commercial- and defense-related fabrication services provider Titan Acquisition Holdings announced on Wednesday it has reached a deal to acquire San Diego Shipyard from Huntington Ingalls Industries (HII). Financial terms were not disclosed. The transaction, expected to close in the second quarter, is subject to customary closing conditions.The San Diego Shipyard, formerly Continental Maritime of San Diego…

27 Jan 2020

@ Glosten: “Crazy ideas are not off the table”

“Doing business the same way over and over will not last; we know technology will advance our industry, and if we just sit back and don’t take an active role, we’re going to lose. There is no room for complacency.” 
Morgan Fanberg, President, Glosten

From racing scows on the inland lakes of Minnesota to graduating from the United States Merchant Marine Academy to taking the helm of Glosten, Morgan Fanberg has led a ‘maritime life.’ We caught up with Fanberg in his Seattle office to discuss the path ahead for one of the U.S.’ most progressive and respected naval architecture and marine engineering firms.Morgan Fanberg has always been a ‘maritime guy,’ but his early maritime aspirations centered on racing sailboats. “I went to St.

24 Dec 2019

St. Louis Regional Freightway: The Year in Review

Photo: St. Louis Regional Freightway

The St. Louis Regional Freightway has compiled a summary of the major developments over the past year that either elevated the St. Louis region’s global status as a world-class freight hub or will help to advance the region’s position as the country’s freight nexus in the year ahead.“From mega projects breaking ground and global companies choosing to invest here, to newly formed partnerships that strengthen the bi-state region’s role in national and global supply chains, there was much to be excited about in 2019…

25 Nov 2019

GE Brings in Maersk's CFO as Finance Chief

Carolina Dybeck Happe (Photo: General Electric Co.)

General Electric Co on Monday named finance head at shipper AP Moller-Maersk as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate.Carolina Dybeck Happe will start in early 2020 and replaces Jamie Miller, whose departure was announced earlier this year as new Chief Executive Officer Larry Culp seeks to simplify operations and generate cash after booking billions of dollars in losses.The company has been struggling with the fallout of a series of poor long-term financial bets…

13 Nov 2019

Taming Ferry Wakes and Reducing CO2

Image: Glosten

Will Moon was one of my very early engineering interns (and also helped me finish out the second story of my house decades ago). He has since moved to the West Coast and has worked for the naval architecture firm Glosten for quite a while now. On Marinelink.com I saw a quick flash of a foiling passenger ferry and the name Glosten and I contacted him for a closer look.Will provided me with more information and this is one of those cases where I really like what I see. This is still an early concept that was developed with the designers and composites engineers at Bieker Boats…

16 Sep 2019

Air Caster Tech in the Shipyard

The megayacht Cakewalk, built at Derecktor Shipyards’, Bridgeport, Ct., shipyard was launched using air bearings. Photo courtesy AeroGo, Inc.

Like the magic carpet of ancient myth, air caster technology has revolutionized the way in which heavy payloads can be moved in a cost effective and efficient way — floating on air. Developed post-World War II by engineers at General Motors, air casters were later modified and improved for the construction of the iconic Boeing 707 in the early 1960s. Today, used in a host of industries, companies in the maritime industry are employing air casters to handle lifts from mega-yachts to massive hull sections and Z-drives.A PrimerA form of hydraulics that uses air instead of fluid…

22 Aug 2019

MTR100: Five "Ones to Watch"

Saipem’s Hydrone R – in the flesh and ready for real world testing. Image from Saipem.

For Marine Technology Reporter's (MTR) 14th Annual "MTR100" - a look at 100 innovators and technologies in the subsea space - MTR editor-at-large Elaine Maslin reports on five companies and technologies that are worth the watch for the remainder of 2019 and beyond. For the full edition, see https://magazines.marinelink.com/nwm/MarineTechnology/201907/Blue Logic: Entering a new eraCompletely new modes of operation are entering the underwater domain for oil and gas operations and…

22 Jul 2019

Shepherd to Lead GE Gas Turbine Business

Kris Shepherd (Photo: GE)

Kris Shepherd has been appointed the General Manager of GE’s marine gas turbine business.Shepherd, based in Evendale, OH,  is responsible for the full lifecycle of all GE marine gas turbine programs, product management, engineering, marketing, supply chain, services, and commercial organizations.GE's marine gas turbine business serves commercial and naval customers worldwide and offers a suite of six propulsion engines to meet any mission profile with power options from 4.6 megawatts to 52.7 MW: LM500 (4.6 MW)…

11 May 2020

TECH FILE: Gas Freeing Barges the Modern Way

Using nanotechnology to improve safety and efficiency.For as long as oil and petrochemicals have been in use by transportation, safely managing their highly flammable, toxic, and environmentally damaging vapors has been an ever present challenge. Even with increasing emphasis on safety procedures and better training, these invisible and dangerous vapors continue to result in the loss of life and property. But now, new nanotechnologies can provide safer and faster solutions that were not thought possible with conventional methods.

14 Jan 2019

Port of Everett Earns Marad Short Sea Shipping Designation

A local barge underway near the port of Everett (CREDIT: port of Everett)

The Port of Everett has achieved another vital step in reducing congestion on the I-5 corridor while moving more freight in the region. The Port was notified this month that it received designation by the U.S. Secretary of Transportation as a Federal Maritime Administration Marine Highway Project for the Puget Sound Container on Barge Service under the America’s Marine Highway Program.The Port is one of 25 marine highway projects in the nation, and the only marine project designation on the West Coast.

04 Oct 2018

APM Terminals Brazil Uses Augmented Reality to Train Workers

Pic: APM Terminals

No, using augmented reality to train workers is not a science fiction! The HSE (Health, Safety, and Environment) team at APM Terminals Brazil developed an augmented reality (AR) app for employees, contractors and visitors to download on their phones which provided video and 3D information about risks and safety operations in the terminal and office buildings.For Global Safety Day this year, employees and contractors took part in an experiment to see if the new and developing technology…

15 Jun 2018

Rolls-Royce Chief Sets Ambitious Targets

Rolls-Royce CEO Warren East (Photo: Rolls-Royce)

Rolls-Royce (RR.L) said it would exceed its 2020 guidance as it announced new ambitious mid-term goals, sending its shares to four-year highs and reflecting investor faith that CEO Warren East can transform Britain’s best known engineering firm.The maker of engines for civil planes, military jets and ships has been in turnaround mode since 2015. Having on Thursday announced plans to cut 4,600 jobs as part of cost-saving measures, it told shareholders on Friday the foundations…

08 Jun 2018

China's Export Growth Steady, Import Growth Faster

© zhu difeng / Adobe Stock

China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing's policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in May and at the fastest pace since January, with the data coming at a time when China has pledged to its trade partners - including the United States - that steps would be taken to increase imports.China, the world's largest exporter…

31 May 2018

US Hits EU, Canada and Mexico with Steel, Aluminum Tariffs

© Leonid Eremeychuk / Adobe Stock

The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington's allies took steps to retaliate against U.S. goods.The move, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential tariff exemptions and suggested a hardening of the Trump administration's approach to trade negotiations.It also sent a chill through financial markets…

30 Apr 2018

Heavy Lift: Boka Vanguard to Ship 90,000-ton FPSO

The BOKA Vanguard Photo Boskalis

Boskalis' mega lift ship Boka Vanguard -- the world's largest semi-submersible heavy lift vessel -- is preparing to load a truly enormous cargo: a 90,000-ton floating production, storage and offloading (FPSO) platform.The FPSO is equivalent to the weight of approximately 300 Boeing 747s, making this the heaviest cargo ever to be transported by a semi-submersible heavy lift ship, according to Boskalis.Until recently, the Boka Vanguard was known as the Dockwise Vanguard. Boskalis acquired Dockwise in 2013…

15 Apr 2018

Arena Named VP at Shipbuilder

Jon Arena Photo HII

Huntington Ingalls Industries announced today that Jon Arena has been named vice president and chief counsel of HII’s Newport News Shipbuilding division. He will succeed Jim Gildea, who retired on April 1. Arena will be a key member of the law department’s leadership team, reporting directly to Kellye Walker, executive vice president and chief legal officer, and indirectly to Newport News Shipbuilding President Jennifer Boykin. In this role, he will be responsible for providing…

05 Jan 2018

US Firm Gets Go-ahead to Resume MH370 Search

(Photo: Ocean Infinity)

Malaysia will allow a U.S.-based exploration firm to resume the search for Malaysia Airlines flight MH370, an airline support group told families of the victims on Friday, in a bid to solve one of the world’s greatest aviation mysteries. Flight MH370, carrying 239 people, disappeared en route from Kuala Lumpur to Beijing in March 2014. Australia, China and Malaysia ended a fruitless search in January last year. An email, sent from the MH Family Support Centre and seen by Reuters…

01 Mar 2018

Trump: U.S. Hits Steel, Aluminum Imports with Hefty Tariffs

© furuoda/Adobe Stock

U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China. Trump, speaking after a meeting with U.S. steel and aluminum makers said the duties would be formally announced next week. “We’re going to build our steel industry back and our aluminum industry back," he said. News of the tariffs drove the stocks of U.S.

01 Mar 2018

Trump to Set Hefty Tariffs on Steel, Aluminum Imports

© Amarinj / Adobe Stock

U.S. President Donald Trump announced on Thursday he would impose tariffs of 25 percent on imported steel and 10 percent on aluminum, in a move the administration said would protect U.S. industry, but which critics said would fail to boost jobs and risked stoking a trade war with China. Trump, speaking after a meeting with U.S. steel and aluminum makers said the duties would be formally announced next week. “We’re going to build our steel industry back and our aluminum industry back," he said. News of the tariffs drove the stocks of U.S.

08 Mar 2018

MH370 Report to Be Released after Latest Search Ends

(Photo: Ocean Infinity)

The full investigation report into the disappearance of Malaysia Airlines flight MH370 will be released after the latest search efforts are completed, officials said on Thursday, four years after the aircraft first went missing. Flight MH370, carrying 239 people onboard, became one of the world's greatest aviation mysteries when it disappeared on its way from Kuala Lumpur to Beijing on March 8, 2014. Malaysia agreed in January to pay U.S. firm Ocean Infinity up to $70 million if it found the plane during an offshore search effort that is underway and expected to end in June.

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