Maritime Industry Top News
NewLead Fixes Newcomer, "Newlead Castellano"
NewLead Holdings Ltd. announced today that it has entered into a time charter contract for the recently delivered Handysize vessel, the "Newlead Castellano". The…
General Dynamics is Link Govt-level Security to Consumer Smartphone
General Dynamics C4 Systems recently received the Defense Mobile Classified Capability (DMCC) contract from the National Security Agency (NSA). As part of the contract…
Technip & Fluor Bag RAPID UIO Project
Technip, in a joint venture with Fluor, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn. Bhd. for…
Gazprom to Counter Negative Global Market Trends
The Gazprom Board of Directors took note of the information on the Company's financial strategy under the conditions of negative trends in the global financial market…
Antwerp Port Achieves Highest Throughput
The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both…
Sea Dispute Sparks China Diplomat to Vietnam Visit
![Secretary Kerry Shows Chinese State Councilor Yang Overview of Boston Hometown. [State Department photo/ Public Domain]](https://images.marinelink.com/images/maritime/w200h200c/secretary-kerry-shows-chinese-state-35162.jpg)
China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim. State Councillor Yang Jiechi, who outranks the foreign minister, will arrive in Vietnam on Monday for meetings with Vietnam Foreign Minister Pham Binh Minh, China's foreign ministry said in a statement.
A History of U.S. Oil Export Controls
On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war. Faisal's decision led directly to the introduction of a ban on U.S. crude exports, which remains in force in a slightly modified form and is now the focus of an intense struggle for reform. Following the U.S.
Historic Mexican Ship Visits Port of LA
ARM Cuauhtémoc, a Mexican Navy barque, also known as the Ambassador and Gentleman of the Seas, will sail into the Port of Los Angeles next week and offer free public tours throughout the week on the L.A. Waterfront. The historic vessel, with a crew of approximately 200 aboard, will arrive at Berth 46, also known as the Outer Harbor, on Monday, October 27 and be available for free public tours through Thursday, October 30.
New York, London Juxtaposed by New Maritime Event
On November 13, the newly formed New York Maritime Consortium, a coalition of leaders from New York Maritime Inc. (NYMAR), the Society of Maritime Arbitrators (SMA)…
Transas to Supply TechSim Solutions to SUNY Maritime
The Navsim Services and Transas Americas Team, have been awarded contracts for supply of a combination of full mission, classroom and cloud based Transas Technical simulation (TechSim) solutions for the State University of New York (SUNY) Maritime College. The full mission and classroom systems are being procured to meet forthcoming new United States Coast Guard (USCG) National Maritime Center (NMC) training requirements…
FMT Options for another Towboat from Eastern
Eastern Shipbuilding Group, Inc. announce that Florida Marine Transporters, Inc. of Mandeville, La. exercised another additional 90’x32’x10’ “Canal Class” Inland Towboat to the six-vessel program currently under contract. In September 2014, Florida Marine Transporters, Inc. signed the seventh vessel and this additional towboat brings the total to 62 vessels contracted. Three of the now seven towboats have been delivered to Florida Marine since February 2014.
John Deere Expands Tier 3 Engine Line
John Deere Power Systems (JDPS) has introduced new propulsion ratings to its EPAMarine Tier 3 engine offerings. The new PowerTech 4045TFM85 propulsion ratings expand the John Deere Marine Tier 3 lineup with two ratings for continuous and heavy duty applications (M1 rating with 75 kW (100 hp) at 2,400 rpm and M2 rating with93 kW (125 hp) at 2,500 rpm). The PowerTech 4.5L ratings join the lineup of John…
US Warns of Sanctions on Buyers of Islamic State Oil
The Obama administration on Thursday threatened to slap sanctions on anyone buying oil from Islamic State militants in an effort to disrupt what it said was a $1-million-a-day funding source.
Three Dead in Offshore Platform Accident
Three workers were killed and one is still missing after an accident at one of the offshore oil and gas platforms in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Thursday.
Tuco Debuts New Wind Farm Service Boat
Less than a week before the Offshore Energy 2014 Exhibition and Conference in Amsterdam the coming week, Tuco Marine disclosed the newest vessel in the ProZero series of Fast Rescue Boats, Daughter Crafts and Workboats; The New ProZero 11m Wind Farm Service Boat. The new design, a dedicated service boat and crew transfer vessel for offshore wind farms, has been developed as a little sister to the ProZero 13m Wind Farm Service Boat presented earlier this autumn.
Caterpillar: Q3 Results Show Improvement
Caterpillar Inc. today announced its third-quarter results, in which it reported profit per share of $1.63 for the third quarter of 2014, an increase from third-quarter 2013 profit per share of $1.45. The third quarter of 2014 included a negative impact of $0.09 per share for restructuring costs. Excluding restructuring costs, third-quarter 2014 profit per share was $1.72. Third-quarter 2014 sales and revenues were $13.549 billion, up from $13.423 billion in the third quarter of 2013.
ABB: Remote Monitoring Link to Fuel Efficiency
Anticipating the maintenance of equipment on board ships in order to increase fuel efficiency could be a “real game changer in the future,” said Andreas Zito, chief…
IBIA Welcomes MEPC Bunker Compromise
The compromise solution on the issue of ensuring bunker quality agreed at the 67th meeting of the IMO’s Marine Environment Protection Committee (MEPC 67) has been…
Great Lakes Coal up More Than 12% in September
Lake Carriers’ Association reported that coal shipments on the Great Lakes totaled 3 million tons in September, an increase of more than 12 percent compared to a year ago.
Documentary Examines Shipbreaking Practices in Bangladesh
A new documentary titled "Giftiger Tankerschrott für Bangladesch - Toxic ships for Bangladesh" will be shown this Sunday, October 26 on German state TV channel ZDF. The documentary, filmed by a team of the national German TV channel last month in Chittagong, one of the world's largest shipbreaking sites, follows Patrizia Heidegger, Executive Director of the NGO Shipbreaking Platform, and Muhammed Ali Shahin…
