Maritime Industry Top News
Exxon CEO: Lifting Crude Export Ban Would Create US Jobs
Scrapping a decades-old ban on U.S. crude oil exports would spur job creation and boost energy security by encouraging new investment that lifts production, Exxon Mobil Corp's chief executive said on Thursday. Chief Executive Officer Rex Tillerson, speaking to a business group, said trade restrictions should also be lifted for exports of liquefied natural gas, or LNG, which are subject to lengthy regulatory reviews.
Uniworld Again Chooses Merus Water Treatment
Pronomar received an order from Uniworld/Global River Cruises GmbH to apply the Pronomar MERUS technology on board of one of its luxurious River Cruise vessels; the River Beatrice. Following good results on previously equipped vessels, Pronomar equipped complete cold water system, complete hot water system, boilers circulation line and kitchen feedpipe applications on the River Beatrice. In the pastā¦
St. Lawrence Seaway Cargo Up 5% Over 2013
Total cargo shipments on the St. Lawrence Seaway have now surpassed 2013 levels by 5 percent due to strong North American import/export activity. According to the St. Lawrence Seaway, total cargo tonnage from March 25 to September 30 reached 24.4 million metric tons. Stephen Brooks, President of the Chamber of Marine Commerce, said, āSeptember was another strong month for the St. Lawrence Seaway as marine shipping helped U.S. companies export products and import much-needed materials.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Tropical Storm Simon Forms off Mexico's Pacific Coast
Tropical storm Simon formed early on Thursday off Mexico's Pacific coast, but it was projected to wheel out to sea in the coming days. The U.S. National Hurricane Center said that as of Thursday morning, the storm was about 360 miles (580 km) south-southeast of the southern tip of the Baja California peninsula, which was slammed by Hurricane Odile last month. Simon was moving to the west-northwest and could become a hurricane by Saturday, the Miami-based center said.
Marine Highway Momentum from Maine Port Authority
The more than 25,000 miles of navigable Great Lakes, rivers, and waterways that make up Americaās Marine Highway System are ā and will remain ā a key economic asset. Our nationās marine highway routes and the tugs and barges that ply those marine highways help alleviate land-side congestion; accommodate future freight growth; and provide reliable, competitive alternatives for freight shippers. However, smooth sailing is not always guaranteed.
Dredging the River Elbe: Waiting for Luxembourg
The Federal Administrative Court in Leipzig today adjourned the proceedings by the BUND and NABU environmental associations against the plan approval concerning the dredging of the lower and outer stretches of the river Elbe until the Court of Justice of the European Union (CJEU) in Luxembourg has reached a decision regarding a pending referral of the interpretive ruling on the Water Framework Directive.
Oil Traders Say OPEC May Be Heading for Price War
Saudi Arabia's decision to slash the official selling price for its oil has sparked trader talk of an emerging OPEC price cutting war, as members of the producerā¦
Gulf of Guinea Antipiracy Guidelines Updated
The Round Table of international shipping industry associations has released an updated version of āGuidelines for Owners, Operators and Masters for Protection Againstā¦
Mitsubishi Engines Running Strong after 11 Years
As proof of its commitment to providing the right products and the right service, engines Laborde Products supplied over a decade ago are still going strong. When Laborde sales representative Kyle Bordelon was traveling down Louisiana Highway 1, he came across a very familiar vessel in the bayou. Put in service on October 10, 2003, the Mitsubishi S6A3-Y1MPTA engines it delivered to the boat's previous owner have over 30,000 hours and are still working hard.
New Propulsion Couplings to Launch at Workboat
Renold Hi-Tec Couplings, of Halifax, U.K., will debut a new range of high temperature, marine propulsion rubber-in-compression couplings on booth 3809 at the International Workboat Show in New Orleans from December 3-5, 2014. The new HTB-MP range is a second generation of couplings based on the existing HTB-GS range. According to the manufacturer, the intrinsically fail-safe nature of rubber-in-compressionā¦
Wave Energy Conversion Competition Offers Cash Prize
Ricardo has been selected by the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy to administer a ocean Wave Energy Converter (WEC) prize challenge, aimed at helping to bring this potential source of clean energy to commercial scale. Wave energy conversion is technology that uses the motion of ocean waves to create electricity. The WEC Prize aims to attract innovativeā¦
New Inspection Requirement for Ships in Paris MOU
Lloydās Register advises that the St. Vincent and the Grenadines Maritime Administration has issued Circular No. PSC 033 which requires additional inspections (termedā¦
First Damen ASD 2810 Leaves for Trinidad
On July 31, 2013, ARC Towage signed four contracts at the Netherlands shipbuilder Damen Shipyards Group. The newbuilding contracts with ARC Towage are the result of a special joint venture set-up for the terminal berthing services for a significant energy industry player in Trinidad and Tobago. The first Damen ASD 2810, MV Kairi, left for Trinidad, while the second vessel will leave in two weeks. The last two tugs will arrive mid-December this year.
TOTE Finalizes Charter for LNG Containerships
TOTE, Inc. announced an agreement today between its operating companies TOTE Shipholdings Inc. and Sea Star Line LLC on the charter of the two new Marlin Class vesselsā¦
Hamburg Süd Opens Office in India
Hamburg Süd announced the opening of an office in Gandhidham, India, on October 1, 2014. It is the second branch office in the state of Gujarat. Hamburg Süd already has three offices in Mumbai, New Delhi and Ahmedabad. Effective October 1, 2014, Ahmedabad and Gandhidham office will take over all commercial activities including marketing and sales, customer order management and day-to-day operations in Gujarat from Seabridge Maritime Agency. Paresh Kataria will head the Gandhidham branch office.
Report Shows Small Decline in Ship Operating Costs
International accountant and shipping consultant Moore Stephens said total annual operating costs in the shipping industry fell by an average of 0.3 percent in 2013. This compares with the 1.8 percent average fall in costs recorded for the previous year. Crew costs was the only category this time to show an increase over the 12 month period, indicating that ship owners continued to focus on managing costs and conserving cash in 2013.
GAC Marine Logistics Shifts Central Office to Singapore
In a move that brings it closer to key Asian markets, ship spares logistics specialist GAC Marine Logistics (GML) has relocated its head office to Singapore. The Asia Pacific region is home to a large number of ship owners and ship management companies who take advantage of the unique GML door-to-deck sourcing and delivery solution. By moving the company's central hub from Dubai in the UAE to Singapore, GML is placing itself at the heart of that growing market as well as in the same time zone.
Unlocking Seabed Secrets with Underwater Robots
From September 22 to October 13, 2014, the NATO Research Vessel Alliance is conducting the Multinational AutoNomy Experiment (MANEX ā14) along the Ligurian coast to demonstrate the advantages of mapping the seabed using autonomous vehicles. Throughout the experiment, multiple autonomous underwater vehicles (AUVs) equipped with modern sensors relevant to NATO minehunting missions are being employedā¦
Bridge Milestone Celebrated at Port of Long Beach
Port, City and Caltrans officials, along with an international team of builders and designers, celebrated a key milestone today in the Gerald Desmond Bridge Replacementā¦
