Maritime Industry Top News
ClassNK Registered More than 20 Million GT in 2013
Classification society ClassNK announced its official registration figures for 2013, revealing that new registrations of existing and newly built vessels totaled more than 20 million gross tons. The announcement was made on January 20, 2014 following a meeting of the ClassNK Classification Committee, which reviews and certifies all changes made to the ClassNK register. Figures released by the committee…
Bel-Ray Assigns New Sales Representation
Bel-Ray Company Inc. said it has appointed the Marine Markets West, LLC as sales representative in the Western United States and British Columbia in Canada, and was selected for the William F. Marine Markets West will represent Bel-Ray in territories, such as Alaska, Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming and British Columbia, while William F.
Pompe Garbarino Manuals Available in Shipdex
Pompe Garbarino S.p.A., an Italian manufacturer of centrifugal and positive displacement pumps for marine, naval and industrial fields prepare and release the technical…
Happy Birthday to Us!
This year Maritime Reporter & Engineering News celebrates its 75th Anniversary. Founded by in 1939, the publication today reigns as the largest audited publication serving the global maritime industry, with a circulation of more than 35,000. While the publication, with its signature size and booming red logo, easily remains our most recognizable brand, unlike 1939 when it was the stand-alone information product of the company…
Furuno Establishes Italian Subsidiary
Furuno Electronic Co., Ltd. announced a new subsidiary in Italy has been established on November 8, 2013 and will commence its business operation from January 1, 2014 onward. In Italy, Arimar S.p.A.
Crew Rescued from Sinking Bulk Carrier
The U.S. Coast Guard (USCG) reported that 24 crewmembers are safe after abandoning ship approximately 440 miles west of Guam Monday. At 8 a.m. Sunday, watchstanders at the USCG Sector Guam Command Center received report of flooding from the 500-foot bulk carrier cargo ship Rich Forest. The ship, carrying logs enroute to China, experienced flooding in the engine room and subsequent loss of propulsion.
Study: O&G Capex Tighter in 2014
Amid a positive outlook for the industry in 2014, senior oil and gas professionals have forecast tighter monitoring of capital expenditure (capex) this year, according…
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.
TORM Arranges Capital Structure Overhaul
Copenhagen-based tanker and bulk carrier operator TORM said it is carrying out a structured process involving a number of external stakeholders in an effort to address its long-term capital structure. As the company announced in August 2013, TORM has engaged a financial advisor as part of the initiated process to address the company’s financial structure. TORM reported that this work is now continuing to a stage…
CMA CGM Resumes Nigeria Fish Imports
The ban, established by Federal Department of Fisheries of Nigeria, stipulated that the import of fish in Nigeria will be authorized only for shipments with BL dated at latest October 31st…
Today in U.S. Naval History: January 20
Today in U.S. 1903 - Theodore Roosevelt issues Executive Order placing Midway Islands under jurisdiction of the Navy Department. 1914 - School for naval air training opens in Pensacola, Fla. 1948 - Establishment of U.S. Persian Gulf Area Command (later changed to Middle East Force in August 1948). For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Hanjin Cutting its Losses
Drewry’s weekly container insight report shows exits from the transatlantic and Asia-Black Sea trades demonstrate how Hanjin is prioritizing financial repair over global coverage. Drewry said cash-strapped Hanjin Shipping has recently announced to its customers that it will be leaving two unprofitable trade lanes. The South Korean carrier will cease taking slots on the Asia‐Black Sea Express (ABX) service of China Shipping…
Safety Code Revised for Small Fishing Vessels
Minister for Transport, Tourism & Sport Leo Varadkar has welcomed the publication by the Irish Maritime Administration in his Department of a revised Code of Practice for the Design…
Vessel Guards Thwart Somali Pirate Attack
Dryad Maritime Intelligence have today confirmed the first piracy attack of 2014 which saw an attack launched by Somali pirates south of Salalah in the late hours of January 17.
OW Bunker Contracted for BOSTCO Terminal
OW Bunker announced that it has signed an exclusive alliance with UNIPEC America to provide products at the new BOSTCO (Battleground Oil Specialty Terminal) fuel oil terminal in Houston. The move further expands the company’s physical presence in the region, complementing its existing operations in the Gulf of Mexico and Panama. UNIPEC America has negotiated the rights to supply bunkers ex-pipe at the new BOSTCO terminal.
Open Hearing on Mongstad Carbon Projects
Statoil will be present today for the first day of the Storting's open hearing regarding the state's handling of the carbon projects at Mongstad. The objective of the hearing is to review the recommendations and problems described in the report of the Office of the Auditor General of Norway on last autumns' investigation into the way the Norwegian state has dealt with the question of carbon capture and storage (CCS).
Shell Sells Wheatstone LNG Stake in Australia
Royal Dutch Shell plc has announced it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million metric tons per annum Wheatstone liquefied natural gas (LNG) project in Western Australia for a cash consideration of $1.135 billion to the Kuwait Foreign Petroleum Exploration Company (KUFPEC), subject to closing. Shell Chief Executive Officer Ben van Beurden commented, “Shell will remain a major player in Australia’s energy industry.
ISS Wins Gas Pipeline Logistics Contract
Inchcape Shipping Services (ISS) has secured an offshore logistics services project in Tanzania from China Petroleum Pipeline Bureau (CPPB) and Anglo Eastern Ship Management.
Crew Rescued from Wind Farm Vessel Fire
A crewman has been airlifted to James Paget University Hospital this morning after a fire on board a 17-meter wind farm support vessel, Norfolk Tern, four nautical miles off Great Yarmouth, the U.K. Maritime and Coastguard Agency reported. Humber Coastguard said it received a call from the Norfolk Tern just after 8 a.m. reporting they had a fire in their starboard engine, which they managed to bring it under control…
Aspida Maritime Security Open New Office
Private Maritime Security Company (PMSC) Aspida Maritime Security said it has opened a new office in Copenhagen, adding to its locatons in London, Athens and Seoul. “Our presence in Denmark will improve the quality of service offered to our current Danish customers and ultimately serve better the entire Scandinavian region,” said Panos G. Moraitis, President and CEO of Aspida. With partners in more than 30 countries, Aspida is driven by 120 employees worldwide.
