Maritime Industry Top News
Nordic American Tankers Ups Nordic American Offshore Stake
Nordic American Tankers (NAT) has increased its shareholding in Nordic American Offshore (NAO) in an effort to shore up investor confidence in the latter. NAT bought 1…
U.S., Korea Conclude Exercise Clear Horizon
Helicopter Mine Countermeasures Squadron (HM) 14, Detachment 1, and Mine Countermeasure Squadron (MCMRON) 7, completed the bilateral mine countermeasures exercise…
DNV GL'S Synergi Water Models Open Channel Flow
With the new release of Synergi Water software, water network engineers can model open channel flow, providing a more efficient and time saving design process with more accurate results.
Townsville Port, IPC Sign MoU
Northern Australia’s largest general cargo port, the Port of Townsville, will today sign a historic Memorandum of Understanding (MOU) with PT Pelabuhan Indonesia…
Canada PM Tells Minister to Modernize Energy Regulator
Prime Minister Justin Trudeau instructed his natural resources minister to "modernize" Canada's independent pipeline regulator, said a letter released on Friday…
Tidewater Declares Quarterly Dividend
Tidewater Inc. announced that its Board of Directors declared on November 12, 2015, a quarterly cash dividend of $0.25 per share of common stock payable December 15…
Crowley Appoints Tornga as VP - Stakeholder Relations
Crowley Maritime Corporation announced today that company veteran Craig Tornga has assumed the role of vice president of stakeholder relations for Alaska, and will…
Port of LA Volume Drops in October
The Port of Los Angeles handled a total of 704,588 Twenty-Foot Equivalent Units (TEUs) in October 2015. October volumes decreased 1.5 percent compared to the same period last year.
Human Performance and Limitation for Mariners
The Nautical Institute’s latest book, Human Performance and Limitation for Mariners, builds on a concept first introduced in the aviation industry that was responsible…
Cohen Retires from ExxonMobil, McCarron to Takeover
Ken Cohen, vice president, Public and Government Affairs, Exxon Mobil Corporation, has announced his intention to retire effective Jan. 1, 2016, after more than 38 years of service.
Beware the Dangers of Cat Fines
Horror stories frequently circle the maritime industry portraying tales of onboard damages induced by catalytic fines, or cat fines, used in oil processing. All cat fines that remain in fuel oil after centrifugal separation have the potential to cause abrasive wear and damage to the engine. Studies of high cylinder and piston ring wear cases show that cat fines particles embedded in the liner surface cause nearly 90 percent of the wear…
Marine Engineering Award for Maasvlakte 2
The construction of Maasvlakte 2 has been recognized by the award of the prof. dr. ir. J.F. Agema prize, which is awarded every five years to an innovative marine engineering work that was designed or constructed by a Dutch party. The prize, the initiative of the KIVI (Royal Institute of Engineers), goes to the entire team of client, designer and contractor, which in this case includes the Port of Rotterdam Authority and contractors Van Oord and Boskalis, as part of the PUMA consortium.
Canada to Ban Oil Tankers on Northern BC Coast
Canada will push ahead with a moratorium on oil tanker traffic along the northern coast of British Columbia, effectively slamming the door on a controversial pipeline project that was already facing massive development hurdles. In a letter released on Friday, Canadian Prime Minister Justin Trudeau instructed Transport Minister Marc Garneau to work with numerous other ministries to "formalize" the ban on oil tanker traffic, a Liberal campaign promise ahead of the federal elections last month.
USCG Searching for Overboard Cruise Ship Passenger
Emergency responders are searching for a woman who reportedly fell from a cruise ship roughly 22 nautical miles off the coast of Cuba, Thursday, the U.S. Coast Guard reported. The Coast Guard said watchstanders at its 7th District command center received the initial report at approximately 7 p.m. Thursday from the crew aboard Norwegian Pearl stating that a woman had fallen from the deck of the ship.
US Oil Drillers Add Rigs for First Week in 11
U.S. energy firms this week added oil rigs for the first week in 11, data showed on Friday, despite continued weak crude prices. Drillers added 2 oil rigs in the week ended Nov.
New GM at Perkins Marine Facility in Wimborne
Engine manufacturer Perkins hires Andrew Goldspink to succeed retiring general manager Steve Phillips. After 30 years at engine manufacturer Perkins, Steve Phillips has elected to retire from his role as General Manager of the company’s marine facility in Wimborne. Over his years at Perkins, Phillips has held leadership roles in Parts and Service (London), Marine Service Manager for the Asia Pacific region (Singapore), through to his current role as General Manager (Wimborne, UK).
Global LNG Prices Firm on Short-term Supply
Asian liquefied natural gas (LNG) prices for December delivery rose this week, buoyed by a short-term tightness in supply, though an imminent wave of new projects…
SFL Sells 1998-built Suezmax Tanker
Ship Finance International Limited (SFL) has agreed to sell the 1998-built Suezmax tanker Mindanao to an undisclosed unrelated third party, simultaneously terminating the corresponding charter party for the 17-year old crude oil carrier with a subsidiary of Frontline Ltd. The 159,211 dwt vessel is expected to be delivered to its new owner in December 2015. According to SFL, the sale is in line with its plans to divest older vessels in a strategy to renew and diversify its fleet.
Stakeholders Broaden Maritime Security Scope
An international agreement that has been instrumental in repressing piracy and armed robbery against ships in the western Indian Ocean and the Gulf of Aden is set to significantly broaden its scope. Signatories to the Djibouti Code of Conduct have agreed to work toward extending its remit to address other illicit maritime activity that threatens safety and security in the region, such as marine terrorism, environmental crimes, human trafficking and Illegal, unreported and unregulated fishing.
Project Cargo and Grain Top Seaway Cargoes in October
With two months left in the shipping season, U.S. ports were busy moving grain and project cargo in October. “We anticipated an increase in vessel activity and cargo…
