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INSIGHTS: Loy Stewart, Jr.
Loy Stewart, Jr. is President, Detyens Shipyards. He is a 1991 graduate of the U.S. Merchant Marine Academy in Kings Point where he earned a degree in Marine Engineering. After several months sailing on the Sealift Atlantic, Loy began working at Detyens as a Ship Superintendent and coordinated work on numerous commercial and navy contracts. In 1996, when the Detyens Shipyards were divided into separate profit centers, Loy Jr. was promoted to Profit Center Manager of the Wando facility.
In a First, Container Cargo Vessel on Brahmaputra
The first ever containerized cargo movement via Indo-Bangladesh protocol route and Brahmaputra (National Waterway -2) river will start from West Bengal's Haldia…
10th Annual Maritime Risk Symposium at Suny Maritime
3-Day Event Gathers Industry Leaders to Focus on Risks to the Marine Transportation SystemFrom November 13-15, the 10th annual Maritime Risk Symposium (MRS) will…
Bangladesh's Hazardous Shipyards Launch Race for Cleaner, Safer Future
When Samrat Hossain first started cutting up old ships weighing thousands of tonnes in a southeast Bangladesh shipbreaking yard a decade ago, all he would wear was a cap or a helmet.But these days, the 27-year-old spends nearly an hour each day before work putting on his protective gear, which includes special masks, gloves, boots, and a suit."A lot has changed in the last 10 years. Before, PPE (Personal Protective Equipment) was not a factor.
Saam Smit Towage Adds Escort Tug Duo
Saam Smit Towage Canada (SST Canada) has purchased two new RAstar 3200 escort tugs from Hong Kong’s Cheoy Lee Shipyards.SST Grizzly and SST Orca, which are designed by Robert Allan Ltd…
Canada Gives Lockheed Martin First Chance to Bid on Warships Design
The Canadian government on Friday said Lockheed Martin Corp would be given first chance to bid on a contract to design 15 warships that will end up costing Canada around C$60 billion ($46 billion).The ministries of procurement and defense said Ottawa and Irving Shipbuilding, a Canadian firm which will actually build the vessels, had identified Lockheed Martin Canada as the "preferred bidder to provide…
The U.S. Gulf Market: When Will It Turn Around?
Discussions around our office and with various clients usually entail an exchange of anecdotal information believed to explain the current situation with the quest…
Migrants on Ship Center of Political Fight
A charity rescue ship carrying 134 migrants, mostly Africans, was stranded off the coast of Italy on Friday as a political battle in Rome stopped it from docking…
Editor's Note
Manhattan’s University Club served as the setting for a Marine Money-sponsored financial conference, an event that attracted some of the world’s leading ship owners…
BW LPG Chooses New MAN B&W ME-LGIP Technology
MAN Energy Solutions has announced the first retrofit orders for its new MAN B&W ME-LGIP LGP-powered engine.The contract with Oslo-listed BW LPG involves the world’s…
Zennor Petroleum Acquires Stake in Britannia Field
North Sea oil company Zennor Petroleum has entered into a Sale and Purchase Agreement with Mitsui E&P UK in respect of its interests in United Kingdom Continental Shelf Licences P.213…
Nexans to Build Third Cable Laying Vessel
France-based Nexans has announced an expansion in its presence in the offshore wind and interconnection market, by adding a third cable laying vessel to its fleet.This strategic decision will allow the Group to meet the increasing demand for electrification, especially in the American and European markets, driven by a record project backlog and recently strengthened by contracts for TenneT and the…
Golden Eagle Modules Sail Away
The Golden Eagle Living Quarters [LQ] module designed and built by Sembmarine SLP in Lowestoft at its Hamilton Dock, successfully sailed away yesterday passing through the port pier heads at 12:05 BST. The 2000 tonne module, which will provide living accommodation for 140 people, had been loaded onto sea-going barges earlier this month, as had the 550 tonne, 70 metre long bridge and a 220 tonne flare boom for the same project.
Interview: Jennifer Carpenter, AWO
Jennifer Carpenter has been president and CEO of The American Waterways Operators (AWO) in January 2020, but her time with the national trade association representing the inland and coastal tugboat, towboat and barge industry dates back to 1990. This month, she weighs in on top challenges and opportunities currently present in the industry, from difficult regulatory changes to the uptake of cleaner vessel technologies.What are some of the biggest and most important issues facing the tug…
Helsinki Shipyard Orders Main Equipment for Nornickel’s New Icebreaker
Finnish shipbuilder Helsinki Shipyard Oy announced it has completed purchasing contracts for the main equipment of Nornickel’s icebreaker contracted last year, along with model tests in ice and open water for the icebreaker design developed by Aker Arctic.Russian mining company Norilsk Nickel ordered the new environmentally friendly icebreaker for its operations in the Yenisei River basin, Yenisei Bay and the Kara Sea securing access to Dudinka seaport both for its own fleet and its partners.
Three Sailors Killed in Explosion on Indian Naval Ship
Three Indian Navy personnel were killed in an explosion on a ship at a naval dockyard in Mumbai on Tuesday, the navy said.It gave no reason for the blast but said a board of inquiry would investigate."The ship's crew responded immediately and quickly brought the situation under control.
Carnival Cruise Line Partners with Philippine Schools
Carnival Cruise Line is partnering with Philippine Merchant Marine Academy (PMMA) and STI, one of the largest networks of colleges and schools in the Philippines, to assist Filipinos in taking up maritime studies and working on board the line's fleet of 24 cruise ships.Carnival Cruise Line SVP and Chief Human Resources Officer Bettina Deynes and Vice President for Crew and Travel Operations Richard Brearley were recently in Manila…
Region in Focus: Norway’s West Coast Shipping Tech Hub
Two load-bearing pillars of Norway’s leading maritime industry cluster in Sunmøre on the country’s west coast – offshore energy and the expedition cruise sector – took severe knocks from plunging energy prices in the 2010s followed by COVID-19. However, a recent tour of the region found the cluster in recovery mode.At the time, the cluster’s diversification strategy was to dive into the emerging expedition cruise sector: small…
#SNAME125
Significant moments in naval architecture & marine engineeringUSS Enterprise (CVN-65), formerly CVA(N)-65, was commissioned November 25, 1961 as the world's first nuclear-powered aircraft carrier. The longest naval vessel ever built, "The Big E" was constructed at the Newport News shipyard in Virginia and cost nearly $451.3 million, or roughly $4 billion in 2018 dollars.The October 2018 edition of Maritime Reporter & Engineering News…
TeamTec to Market Oceansaver BWTS
Last month (September) marked one year with TeamTec Oceansaver. Following the bankruptcy of the former OceanSaver AS in September 2017, TeamTec gained control of…