Oil Up as U.S., China hit the Trade War Pause Button
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies "on hold". Brent crude futures were at $79.13 per barrel at 0121 GMT, up 62 cents, or 0.8 percent, from their last close. Brent broke through $80 for the first time since November 2014 last week. U.S. West Texas Intermediate (WTI) crude futures were at $71.83 a barrel, up 55 cents, or 0.8 percent, from their last settlement. The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday, giving global markets a lift in early trading on Monday.
Winch Malfunction Leaves Parasailors aloft for Three Hours
Two passengers were successfully launched from a parasail vessel for a ride aloft. As they were being winched in the winds picked up, and the parasail towline winch became inoperable and 800 feet of towline payed out stranding the passengers aloft. Additionally, the vessel was unable to make way through the water while battling rough seas and the strong winds, the U.S. Coast Guard said in a safety alert derived from a recent parasail casualty investigation. The cause of the winch malfunction was due to overheating of the hydraulic power system which occurred because of an inadequate oil cooling system (through hull fittings / scoop type system) that relied solely on the vessel's movement through the water.
German Caterpillar Facility Receives Sustainability Award
The work done at Catepillar’s Kiel Engine Center in Kiel, Germany, during the manufacturing process for MaK and Cat engines up to 16,000 kW is now being recognized through an environmental protection award. In June, Caterpillar Motoren, the manufacturing arm focused on the production of MaK and Cat engines for marine, petroleum and power generation applications, was awarded an Environmental Award from the Economic Association of Schleswig-Holstein, the northernmost state in Germany.
Colfax Optimizes Cooling Pumps
Colfax Fluid Handling, a business of Colfax Corporation and a global leader in fluid-handling solutions for critical applications, has introduced the Colfax Fluid Handling Smart Technology CM-1000 Series. The CM-1000 is an intelligent sea water cooling system controller designed to maximize shipboard pumping efficiency while lowering operating and maintenance costs and maximizing uptime. The result: a greener, sustainable solution with energy savings up to 80%, maintenance savings up to 50%…
Bollinger Delivers 10th FRC to the USCG
Bollinger Shipyards, Inc. has delivered the Raymond Evans, the 10th Fast Response Cutter (FRC) to the United States Coast Guard (USCG). The announcement was made by Bollinger President, Chris Bollinger: “We are extremely proud to announce the delivery of the Raymond Evans, the latest FRC built by Bollinger, to the 7th Coast Guard District in Key West, Fla. The Raymond Evans, as well as the previous nine FRC deliveries, were proudly delivered on time and on budget. The 154 foot patrol craft Raymond Evans is the tenth vessel in the Coast Guard's Sentinel-class FRC program.
Evans Cooling Systems, Strategic alliance with Hydra Tech
Evans Cooling Systems, Inc. announced a strategic alliance with Hydra Technologies Limited (Hydratech), to manufacture and market Evans unique range of waterless engine coolants in the UK and Ireland. Evans developed and patented waterless engine coolants to solve overheating problems in high performance applications and heavy duty diesel trucks, and recently expanded into the stationary engine industry. Evans coolants improve fuel economy, reduce maintenance costs, increase performance are environmentally friendly and never need replacement. Following the alliance Hydratech have formed Evans Cooling Systems UK (Evans UK) to market the waterless engine coolants throughout the UK and Ireland.
Lockheed Martin, Evans & Sutherland Settle Termination Suit
Lockheed Martin Corp. and Evans & Sutherland Computer Corp. have settled a lawsuit and agreed to reinvigorate their business relationship. The lawsuit arose from Lockheed Martin Information Systems' May 2000 termination of Evans & Sutherland as subcontractor on a simulation and training program for an international government customer. Under the settlement, Lockheed Martin will convert the termination to a termination for convenience. In addition, the two companies will jointly explore opportunities to collaborate on future simulation and training programs for government customers. Financial terms of the settlement are confidential by agreement of both parties. "We are very pleased with this result," said James Oyler, president and chief executive officer of Evans & Sutherland.
Complete Tig Welding Systems in One Package
Miller Electric Mfg. Co. introduces the new TIGRunner package, which is a complete water-cooled TIG welding application system for its Syncrowave 250 DX and Syncrowave 350 LX TIG/Stick power sources. Combined with the Syncrowave power source, the TIGRunner package provides AC/DC TIG welding, including a Cool Runner water coolant system, remote foot control and running gear for portability and maximum use of available space.
Maritime London Appoints Jeffrey Evans Chairman
Maritime London has appointed shipbroker Alderman & Sheriff Jeffrey Evans as its chairman to follow David Moorehouse CBE. Made up of professional UK maritime service firms, Maritime London showcases the breadth and depth of the cluster. The UK’s maritime industry accounts for 2.1% of the British economy, contributing £13.8bn to the UK economy directly. Jeffrey Evans is managing director, gas, at Clarksons, a leading provider of integrated shipping services and is an Alderman and Sheriff of the City of London.
New Keel Cooling Option for Diesel Engines
Volvo Penta of the Americas today announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market. Volvo Penta is now offering factory-built keel-cooled engines for the entire line of marine commercial inboard and sterndrive D4 3.7-liter and D6 5.5-liter engines. The D4/D6 keel-cooled version uses a twin circuit design, with keel coolers for both the high-temperature engine block circuit and low-temperature charge air cooler circuit.
Trelleborg Names RPS Evans-Hamilton Service Partner
Trelleborg will provide a local presence for onsite marine services in North America, Central America and the Caribbean by appointing RPS Evans-Hamilton as Service Partner for the Docking and Mooring division of Trelleborg Marine Systems for these regions. Under the agreement, RPS Evans-Hamilton will be the sole provider of aftersales services for Trelleborg’s docking and mooring systems. The product portfolio includes Quick Release Hooks (QRHs) and Capstans, the Smart Dock family of docking aid systems (DAS)…
Livorsi Raw Water Flow System
The Raw Water Flow system is a new patented system that indicates your engine’s water flow volume. This system warns you of a potential problem or danger that would otherwise not be indicated by a water pressure gauge alone, thus preventing cosmetic and structural damage to expensive exhaust headers, intercoolers and cooling systems. What is Water Flow? Water flow is a real indication of water surging through a cooling system such as: exhaust headers, sea strainers, impellers, Gen sets, intercoolers and any other marine or industrial applications that utilize water flow. Why You Need It.
Evans Cooling Systems Announces New Warranty
Evans Cooling Systems, the developer of the world’s only waterless engine coolant, has released its new Limited Warranty Statement. Evans is confident in its products and stands behind every gallon of coolant it sells. Using Evans waterless coolants will not affect the manufacturer’s warranty. If you install Evans Waterless Coolants in accordance with the appropriate instructions, and engine damage occurs, which has been documented and verified by industry accepted analytical testing to be the fault of Evans products…
Evans Waterless Coolant: Fuel Economy & Reduced Emissions
Evans Waterless Heavy Duty Coolant Increases Fuel Economy, Reduces Emissions and Lowers TCO in Independent Testing. Evans Cooling Systems, Inc., developer of the only waterless engine coolant, reported that recent testing with Emisstar LLC, a nationally recognized emissions testing firm, showed a reduction of 3.6% in CO2 emissions and a 4% fuel economy improvement. Emisstar is a clean energy and emissions technology consulting firm that provides independent third party testing services for the development of sustainable transportation technology strategies.
MN 100: R.W. Fernstrum & Company
P.O. Box 97 / 1716 11th Ave. R.W. Fernstrum & Company set the standard in marine heat exchangers over 65 years ago, building a reputation focused on innovation. Today, its commitment is to continual improvement, ensuring that customers have quality, reliability, and the latest in cooling technologies on your side. Over the years, R.W. Fernstrum & Company has grown into a worldwide organization with 24 representatives across six continents. Focusing exclusively on marine cooling…
Evans Cooling Inks Agreement With South African Firm
Evans Cooling Systems Inc., building on their global brand of waterless engine coolants, announced an alliance with Corrosion and Scale Control (CSC) in Cape Town, South Africa. With this newly formed alliance, CSC has formed Evans Cooling Systems (Pty) Ltd (Evans SA) to market the Evans range of waterless engine coolants throughout the Southern African region. Evans initially developed and patented waterless engine coolants to solve overheating problems in high- performance applications. Their recent expansion into the heavy duty diesel industry and stationary engines has provided fuel-saving strategies and increased performance capabilities. Evans coolants also reduce maintenance costs, never need replacement, and are environmentally-friendly.
Eni Drills Evans Shoal Appraisal Well in Offshore Australia
Eni announced the completion of the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, some 300 km northwest of Darwin. The Evans Shoal North 1 well, drilled in 111 meters water depth and to a target depth of 3,955 meters, is 12 km away from the Evans Shoal-2. Results indicate that these wells share common reservoir characteristics and are in hydraulic communication. During the well production test the gas flow reached the facility constraint of 30 MMscf/day. Eni estimates that the Evans Shoal gas field contains at least 8Tcf of raw gas in place. Eni remains committed to fast track development of the significant and known resources in this exploration area.
Volvo Penta's New Keel Cooling Option
Volvo Penta is offering factory-built keel-cooled engines for the entire line of marine commercial inboard and sterndrive D4 3.7-liter and D6 5.5-liter engines. The D4/D6 keel-cooled version uses a twin circuit design, with keel coolers for both the high-temperature engine block circuit and low-temperature charge air cooler circuit. “Keel cooling provides unique advantages for commercial marine vessels,” said Jens Bering, manager product management for Volvo Penta North America.
B COOL Acquires MEMAC
With the acquisition of MEMAC, B COOL A/S now offers customers one entry to multiple maritime systems – both refrigeration solutions and monitoring of the engine rooms and other technical plants of the ships. B COOL A/S said it has acquired MEMAC, which specializes in software solutions for monitoring systems that are typically used in the ship’s engine rooms. For the customers this means that B COOL A/S is able to offer sales, service and consulting for refrigeration solutions–as usual – and in addition offering MEMAC solutions to new and existing customers.
Meet the "GadCooler"
Ship cooling technology has a new name. Eminating from Finland, Gadcooler is a new ship cooling tech that is designed to save energy. Targeting the ferry and cruise ship sectors to start, the company recently announced its first installation success onboard Eckerö Line's cruise ferry m/s Finlandia over a period of two years. To help savve fuel the system uses existing onboard excess waste heat sources to provide chilled cooling water for the vessel's air-conditioning needs, replacing the need to run onboard cooling compressors.
NOSKE-KAESER Awarded Major Order from Australian Navy
By 2021, eight frigates from the Royal Australian Navy will be equipped with innovative NOSKE-KAESER technologies. Founded about a year ago, NOSKE-KAESER Marine Australia Pty Ltd, a subsidiary of NOSKE-KAESER GmbH, the maritime technology company with operations worldwide, has secured an order to modernize the air-conditioning and cooling systems on eight frigates belonging to the Royal Australian Navy. NOSKE-KAESER will be carrying out a comprehensive overhaul of the air-conditioning…
MHI to Introduce M501JAC Gas Turbine
Mitsubishi Heavy Industries, Ltd. (MHI) has developed and is now marketing the "M501JAC" gas turbine, an air-cooled version of the company's state-of-the-art steam-cooled J-Series gas turbine introduced in 2009. The M501JAC features outstanding operability, including reduced start-up time, while maintaining the same level of performance as the M501J. By expanding its J-Series lineup of gas turbines offering the world's highest level of efficiency, the company is well positioned to take the lead in the high-end gas turbine market.
China'a April Exports Stronger than Expected
China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States.Imports in April also grew more robustly than anticipated, signalling China's domestic demand is holding up well, good news for policymakers looking to soften the blow from any trade shocks.China's April exports rose 12.9 percent from a year earlier…