Maritime Industry Top News
Successful MTG Light Off for USS Zumwalt
The future USS Zumwalt, the first ship of the DDG 1000 multimission destroyer class, performed a successful Generator Light-Off of its first Main Turbine Generator Set (MTG) this week, Rolls-Royce announced. The ship is now power self-sufficient enabling follow-on systems testing and trials. Neil Pickard, Rolls-Royce, Program Executive said, “On behalf of the entire DDG 1000 program team, I am very…
Bibby Offshore Scoops Two Business Awards
Bibby Offshore, a provider of subsea installation, inspection, repair and maintenance services to the offshore oil and gas industry, has been recognized at the 2014 Northern Star Business Awards winning in the categories Commitment to People Development and Outstanding Contribution to the Energy Sector. The awards were announced September 25 at the AECC. The Commitment to People Development award recognizes…
US Demand Gives European Refiners Rare Boost
Big slate of refinery maintenance in U.S., Canada; export rush bucks long-term trend. A late-year rush for gasoline in the United States is creating unexpected demand…
UK Approves Dong Energy Wind Extension
Britain's energy ministry on Friday approved the expansion of Dong Energy's Burbo Bank offshore wind farm in the Liverpool Bay of northwest England, paving the way…
Statoil: Gas discovery in Pingvin
Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in a frontier unexplored area of the Barents Sea northwest of Johan Castberg. The discovery well 7319/12-1, drilled by the drilling rig Transocean Spitsbergen, proved a 15-metre gas column in the well path. Statoil estimates the volumes in Pingvin to be in the range of 30-120 million barrels of recoverable oil equivalent.
US River Infrastructure Near breaking Point
With a record U.S. harvest just coming in, the river transportation system that is at the heart of the nation's farm economy is overstrained by rising demand for shipping capacity…
Total Refinery Plans Revealed by Next Spring
La Mede/Lavera plant merger project failed; Total may invest 300 mln euros in La Mede near Marseille. Total, Europe's biggest oil refiner, is giving itself until…
Vale to Lease 10 China Merchant Bulkers
Brazil's iron ore miner Vale SA said on Friday it secured a deal with China Merchants Group to lease for 25 years as many as 10 very large ore carriers, which will be built by China Merchants…
USCG Warns Boaters of Cold Water Despite Warm Air
The Coast Guard 9th District is warning Great Lakes boaters that falling water temperatures pose safety risks even as air temperatures stay warm. The National Weather…
Swissco Holdings: Establishment of $300mi Multicurrency MTN Program
The Board of Directors of Swissco Holdings Limited (the “Issuer”) is pleased to announce the establishment of a S$300,000,000 Multicurrency Medium Term Note Program…
New HTML5 Version of Insight Genesis
Insight Genesis™,the custom map-generation tool for Lowrance, Simrad NS and B&G Zeus series chartplotters,announced today the latest update to its premium map-making…
World Maritime Day 2014 Celebrated in Mumbai
25th September, the Day when the World Maritime Day gets celebrated in Mumbai is an event well-known among the seafaring community and in the shipping and other related circles.
MOL Holds Place in Dow Jones Sustainability Index
Mitsui O.S.K. Lines, Ltd. inform that it has once again been included in the Dow Jones Sustainability Index (DJSI) Asia Pacific, on which it has continuously held a spot since 2003.
Norfolk Dredging Awarded U.S. ACE Delaware River Contract
The US Department of Defense informs that Norfolk Dredging Co., Chesapeake, Virginia, was awarded an $11,787,279 firm-fixed-price contract for maintenance dredging…
Maersk Drilling Name Ultimate Ultra-deepwater Drillship
Maersk Drilling’s fourth ultra deepwater drillship has been named in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lene Berg…
German Shipbuilder FSG Taken Over by Siem Industries
The German Shipyard Flensburger Schiffbau-Gesellschaft (FSG) informs that it has a new owner: the Norwegian controlled Siem Industries will take over command of the shipyard…
HII Annual ‘5K on the Causeway’ Raises $12,000
Huntington Ingalls Industries' informs that its Ingalls Shipbuilding division raised $12,000 for Special Olympics of Mississippi at the company's third annual "5K on the Causeway" on Saturday.
New GAC Bunker Trader for Bergen Team
GAC Bunker Fuels says it has further consolidated its position in the North Sea by appointing Per Steffen Bolstad to the bunker trading team in Bergen, Norway, where…
Commandant Signs USCG Coast Guard Strategy Document
The US Coast Guard informs it has released the 'Coast Guard Western Hemisphere Strategy' under the signature of Commandant of the Coast Guard Adm. Paul F. "This…
Catcher Update by Cairn
Cairn is pleased to announce that it has entered into a farm out agreement for the sale of a 10% interest in the Catcher development and adjacent acreage in the UK North Sea.