Maritime Industry Top News
Conference to Follow Up President's Port Investment Push
The upcoming Infocast presented 'Port & Intermodal Finance & Investment Summit' will be hosted & sponsored by the Port of Miami, FL. President Obama recently…
Nordic American Tankers Offer Shares
The company is to offer $87 million aggregate amount of common shares to the public to help fund its expansion programme. The Company's Chairman and Chief Executive Officer, Mr.
LNG Carrier Chartered by UK-Japan Partners
London-based NYK subsidiary NYK Energy Transport (Atlantic) & GDF Suez time charter the LNG carrier 'Grace Barleiria' for 4 years. Grace Barleiria has been operated by NYK since her delivery in 2007.
ROV Support Vessel Sold by Otto Marine
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million. Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd. The company has received a deposit of US$1 million from the buyer for the transaction with the balance to be paid upon delivery of the vessel, which is being built at the Otto Marine shipyard in Batam, Indonesia.
Japanese Tsunami Dock Removed from Olympic Coast
Crews from The Undersea Company of Port Townsend, Wash. have removed the 185-ton dock that crossed the ocean following the March 2011 tsunami. NOAA contracted with The Undersea Company to remove the dock from the remote wilderness coast in the Olympic Coast National Marine Sanctuary and the Olympic National Park and work began on March 17. "This operation was challenging-imagine opening up a 185-ton…
'Rena' Owners Prefer to Leave Wreck on Astrolabe Reef
Heavy fuel oil on board the wrecked container ship is expected to leach out over time, but the ship's owners and insurers would prefer to leave it where it is. No decision had been made on leaving Rena on the reef, but draft assessments have been distributed for stakeholder and regional council review. Meanwhile the Maritime New Zealand order for full wreck removal remains in place, reports the Bay of Plenty Times.
Seeing Forever: Lockhead Martin's Gyrocam
Lockheed Martin recently completed successful demonstrations of its Gyrocam 15-inch Dual Sensor & 15-inch Triple Sensor to the Navy. The demonstration was conducted…
Attach a Transponder to Relocate Underwater Assets
JW Fishers, manufacturers of underwater search equipment, advise that transponders make locating underwater objects easy. Attempting to relocate underwater objects in a low visibility environment can be a difficult and time consuming task. Acoustic transponders solve this problem. Not long ago transponders were expensive pieces of equipment used primarily by the military, oil and gas industries, and oceanographic institutions.
No Bidders for Korean Bulkship Owners STX
The sale of STX Pan Ocean Co. fell through as the Easter financial markets closed. No potential bidders expressed their interest in South Korea's leading bulk carrier…
Prosperous Times For India's Ship Breakers
The continuing slump in global shipping is translating into brisk business for scrap yards at Gujarat's coastal town of Alang in India. Alang, which receives one…
IACS Invite Comment on Draft Ship Construction Rules
The International Association of Classification Societies (IACS) has released the second draft of IACS harmonised Common Structural Rules (CSR). The International…
Latest US Navy Contracts
The Department of Defense anounce contract awards to Huntington Ingalls, Lockheed Martin, & Electric Boat. Huntington Ingalls Inc., Newport News, Va., is being awarded an $18…
Disabled Motor Tankship Towed Off Bridge
The tankship 'Harbour Feature' towed free of the Sarah Long Bridge, on the Piscataqua River in Portsmouth, N.H. after drifting alongside the bridge. Tug boats were able to safely tow the 473-foot…
Enormous Sunken Treasure Claim Conceded, Thirty Years On
Government of Colombia lawyers concede salvage company Sea Search Armada to be rightful owner of 50% of treasure proceeds. Lawyers representing the Government of…
India's Great Eastern Shipping Sells Two
A dry bulk carrier has been delivered to the buyers & the contract for sale of a product carrier tankship has also been signed. The Great EasternShipping Company Ltd.
Mariner Omnipure M55 Selected for Australian Patrol Boats
The Mariner Omnipure sewage treatment system from Severn Trent De Nora has been installed on Cape St George, a new patrol boat designed and constructed by Austal for the Australian Customs and Border Protection Service. Cape St George is the first in a series of eight patrol boats to be delivered to the owners between March 2013 and February 2015, which will all be outfitted with the Mariner Omnipure M5508 system. The contract was secured through HMA-POGC of Australia.
OTC Names 2013 “Distinguished Achievement Award” Recipients
The Offshore Technology Conference (OTC) will present its 2013 Distinguished Achievement Awards on May 5 at the Annual OTC Dinner to Ken Arnold for individual achievement…
OTC Announces 2013 “Spotlight on New Technology” Award Recipients
The Offshore Technology Conference (OTC), which takes place May 6– 9, in Houston, has announced 15 technologies that will receive the 2013 Spotlight on New Technology…
W&O Employees Volunteer at Local Food Bank
Employees of W&O, an international supplier of products and services to the marine industry headquartered in Jacksonville, Fla., volunteered their time with the Second Harvest Food Bank of North Florida last week. The employees volunteered their time sorting and stocking food during the workday as part of W&O's corporate responsibility program, Time2Help. Time2Help is an initiative launched by W&O's parent company…
Vulcan Repowers Vessel, Reports $225,000 Annual Savings
Vulcan Materials recently repowered 66’ Capt. Ted with a Mitsubishi engine, leading them to reported annual savings of $225,000. At Vulcan, choosing a repower engine for any tug in their fleet is a matter management takes quite seriously. For their recently repowered 66’ Capt. Ted, exhaustive research undertaken by Larry Gravely, Operations Manager, and Lin Dixon, Marine Maintenance Supervisor, paid off big time.