Maritime Industry Top News
Lloyd's Register acquires WEST Engineering Services
Lloyd's Register acquires WEST Engineering Services to become the top independent provider of technical services to the offshore drilling sector. Acquisition of WEST, subsea systems specialists, builds support for exploration and production activities. Lloyd’s Register has acquired Houston-based WEST Engineering Services in a move that secures the Group's position as the premier independent risk-management organisation supporting the global offshore drilling industry.
Cummins Announces High HP Dual Fuel Product
Oil And Gas Dual Fuel Products In Production Midyear 2013. Cummins Inc. announced today its plans to produce dual fuel engines from 800 hp to 3500 hp (597-2610 kW) for high-horsepower markets. The first in the product portfolio, QSK50 Tier 2 for oil and gas well servicing applications, will begin production in midyear 2013, with other QSK Series engines to follow, including engines capable of meeting upcoming EPA Tier 4 Final emissions regulations.
Naming Ceremony for Tugboat HANDY-THREE
A newly constructed tugboat, HANDY-THREE, is to be ceremoniously named at Great Lakes Shipyard, Cleveland, Ohio, on Wednesday, May 2, 2012. The tugboat has been sold to Puerto Rico Towing & Barge Co. of San Juan, Puerto Rico. Congresswoman Marcy Kaptur, Representative of Northern Ohio’s Ninth Congressional District, will be the Sponsor and Principal Speaker for the tugboat HANDY-THREE. The vessel is the third of a class of Handy Size tugboats designed by Jensen Maritime Consultants…
Idar Ulstein Passes Away
Idar Ulstein, that was CEO and Chairman of the board of ULSTEIN for many years, passed away Sunday night. He has played a huge role for the maritime industry and has been deeply involved in community development. Idar Ulstein entered the company first as a 14 year old in 1948, when his father died. After completing naval architect studies in 1962, he reentered the company as head of design. The company was growing…
Stork Announces Two New Appointments
Stork Technical Services has appointed Dave Workman to the new position of Chief Operating Officer (COO) and Erik-Jan Bijvank as Senior Vice President (SVP) UK and Africa. Mr Workman and Mr Bijvank will both be based in Aberdeen, UK, which is the operational hub for the company’s upstream oil & gas business, and take on their respective roles with immediate effect. As COO, Mr Workman will oversee all…
Petrotechnics Launches Enterprise Solution
With stakeholder expectations of operational performance in hazardous industries ever increasing, operational risk management is a board level challenge. Petrotechnics today announced the launch of Proscient, its Operational Performance & Predictive Risk software platform. It provides senior management in hazardous industries the ability to reduce risk, optimize performance and drive continuous improvement across their global operations.
Invasive Species: Asian Tiger Shrimp Causing Concerns
Rise in Asian Tiger Shrimp sightings prompts scientific look at invasion concerns. The recent rise in sightings of non-native Asian tiger shrimp off the U.S. Atlantic and Gulf of Mexico coasts has government scientists working to determine the cause of the increase and the possible consequences for native fish and seafood in those waters. Researchers from the U.S. Geological Survey and National Oceanic…
Congress Examines Maritime Regulatory Impacts
The Subcommittee on Coast Guard and Maritime Transportation, chaired by U.S. Rep. Frank LoBiondo (R-NJ), held a hearing on Thursday, April 26th, to review the status…
Barclays: Robust 1st Quarter for Oil & Gas
Barclays says return of industry confidence brings multi-million dollar deals in UK & US. The oil and gas team in the Barclays Corporate Banking division has announced…
Lloyd's Register: Safety Alert
Safety alert: Gard Loss Prevention Circular No. 02-12 – Fire Prevention in Engine Rooms. The marine insurer Gard AS has recently issued Loss Prevention Circular No. 02-12, which contains important fire safety information relevant to all ships.
Titanic Replica Planned by Australian Billionaire
Palmer has signed a first-stage agreement with Nanjing- based CSC Jinling Shipyard to build the ship as part of a planned fleet of luxury liners, according to a Bloomberg news report.
DNV Acquires Oil Spill Company NPS
The Arctic has large oil and gas resources and operations in this sensitive and harsh area will require efficient oil-spill preparedness solutions. “The acquisition…
Deep Submersible Consultancy Contract Awarded
OceanWorks International has been awarded phases 1 and 2 of a 3 phase contract by Woods Hole Oceanographic Institution (WHOI) to assist with the re-certification of life support systems on the Deep Submergence Vehicle Alvin (DSV Alvin). Certification for manned diving operations will be provided under the authority of the U.S. Navy’s Naval Sea Systems Command (NAVSEA) and the American Bureau of Shipping (ABS).
China Rongsheng & DNV Sign Agreement
China Rongsheng Heavy Industries has signed a classification agreement for ten157,000 DWT suezmaxes and a senior management conference was also held in conjunction with this agreement. China Rongsheng and DNV have had a strategic partnership for some years. The newly-signed classification agreement for the ten 157,000 DWT suezmaxes not only strengthens the partnership between the two parties, but also…
First Foreign Visit for a Littoral Combat Ship
The littoral combat ship USS Independence (LCS 2) has left Manzanillo, Mexico, concluding the ship's first foreign port visit since its commissioning. Independence and embarked Mine Countermeasures Detachment One sailors visited Mexico while on the ship's maiden voyage to its homeport of San Diego, marking the first foreign port visit by any Independence-class ship. While in port, Independence…
Ship's Crew of Syria Weapons Ship to be Held
Military Prosecutor Judge Saqr Saqr has ordered that the 11-member crew of the ship “Lutfallah II,” which was carrying weapons allegedly bound for Syria, be held for questioning…
Lockheed Martin Show Growth in Q! 2012 Results
Lockheed Martin Corporation (NYSE: LMT) reports first quarter 2012 net sales of $11.3 billion compared to $10.6 billion in 2011. Earnings from continuing operations…
SAI Corp Gets Large SPAWAR Government Contract
Science Applications International Corporation announced it was awarded a prime contract by the U.S. Space and Naval Warfare Systems Command (SPAWAR) to produce…
Horizon Lines Reiterate Support for Jones Act
Horizon Lines, Inc. today issued the following statement from interim President and Chief Executive Officer Stephen H. Horizon Lines is, and always has been, a very staunch supporter of the Jones Act and all of its requirements. The Jones Act stipulates that cargo shipped between two U.S. ports must be transported on vessels that are American-made, American-flagged, at least 75% American-owned and predominantly American crewed.
Euro Tech Announce 2011 Results, Still Investing in BWTS
Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2011 ("Fiscal 2011"). The Company's…
