Maritime Industry Top News
$20 Million Available for Clean Diesel Projects
The U.S. Environmental Protection Agency (EPA) is announcing the availability of up to $20 million in FY 2012 grant funding to establish clean diesel projects aimed…
USCG Commandant Papp Undergoes Surgery
Coast Guard Commandant Adm. Bob Papp underwent surgery to treat early stage prostate cancer at Walter Reed National Military Medical Center in Bethesda, Md., Monday, after it was diagnosed in a proactive health screening. The Coast Guard’s highest ranking officer is using the situation as a learning opportunity on preventive health for the service’s approximately 57,000 military and civilian employees, 30,000 auxiliary volunteers, their families and retirees.
JACCAR Holdings Sells Shares of Chinese Shipyard
JACCAR Holdings has helped to build Sinopacific Offshore and Engineering (SOE) into one of China’s leading providers of LPG/LEG vessels, offshore cranes, and offshore production…
VSTEP Delives Crane Simulator in Rotterdam
VSTEP delivers crane simulator for EMO, the largest transshipment terminal for coal and iron ore in Western Europe. For EMO, the largest transshipment terminal for coal and iron ore in Western Europe, VSTEP created a crane simulator for preparation and training of their future and current EMO dry bulk crane operators, increasing their effectiveness and precision. EMO is one of the leading companies in the dry bulk market.
iCargo Launches EU-Funded Logistics Program
iCargo, the pan-European cargo and logistics project part funded by the EU, has formally launched its three and a half year framework program. The project, formally titled “Intelligent Cargo in Efficient and Sustainable Global Logistics Operations” includes research, development, demonstration and dissemination elements designed to improve the performance of real-world logistics. Building on the success of the previous Freightwise and e-Freight frameworks…
Coast Guard Rescue Mariners near Nasketucket Bay
Coast Guard crews rescued two mariners from a sinking vessel in Nasketucket Bay, four miles southeast of Fairhaven, Mass., Sunday. Coast Guard Sector Southeastern…
ACP to Modify Pricing Structure
Panama Canal proposes tolls adjustments and creates new market segments to reflect real value of the route and better serve its customers.New market segments by vessel type are created and consultation period with interested parties begins. The Panama Canal Authority (ACP) Board of Directors approved a proposal to modify the Panama Canal pricing structure to align Canal toll charges with the value the route provides.
China Shipyard Denies Stories on Vale's VLOC Orders
China Rongsheng Heavy Industries denies a report distributed by Jinji Cankao Bao on its VLOC newbuildings for Vale S.A. China Rongsheng Heavy Industries Group Holdings…
Warship Received by Royal Thai Navy
The Royal Thai Navy has officially received the first Endurance-class landing platform dock ship, HTMS Angthong (LPD-791) at Laem Thien Port, Sattahip naval base in Chon Buri, Thailand. The design of the LPD is proprietary to ST Marine and is based on its Endurance Class of LPDs. The design is proven by the four 141m Landing Ship Tanks (LSTs) that ST Marine built for theRepublicofSingapore Navy.
LEEVAC Shipyards Contracted to Build TwoTugboats
LEEVAC Shipyards Jennings, LLC, Jennings, LA, has signed contracts with Bay Houston Towing Co. and Suderman & Young Towing Company, both of Houston, TX, to build…
Costa Concordia Salvage – Structural Integrity Key Says Expert
For more than 30 years, Resolve Marine Group has conducted hundreds of seafaring salvage and ship wreck removal operations. His company has responded to ship collisions, vessel fires and disabled, capsized and sunken vessels. Among Resolve's historic headline missions is the oil spill cleanup operation following BP Deep Water Horizon catastrophe in the Gulf of Mexico in 2010 and its recovery of the aircraft and human remains at the Value Jet Flight 592 crash site in the Florida Everglades.
Al Capone's Yacht in New Panama Canal Role
Some 270 ships pass each week through the Panama Canal, but one now gives tourists the chance to experience the storied waterway on the Isla Morada, Al Capone's legendary rum-runner…
More Ships to Bangladesh Shipbreakers
Chittagong-based ship-breakers imported 42 large-sized recyclable ships in February and March this year at a cost of US$ 45 million, according to Jasim Khan's news report in the Financial Express.
Ten Rescued in Pacific Fishing Vessel Blaze
The Coast Guard, U.S. Navy and Automated Mutual-Assistance Vessel Rescue System partners, coordinated in the rescue of 10 crewmembers forced to abandon ship due…
Thruster Mornitoring – New Solution by SKF
SKF list the following benefits: improved thruster and ship availabilty; extended class survey intervals; reduced need for dry=docking, and optimized thruster operation. The monitoring solution is based on enabling the potential monitoring of a wide range of data, including vibration, lubrication, process and electrical functions. This capability, combined with certified data analysis services available from SKF's ISO certified vibration analysis specialists worldwide…
Royal Caribbean Reports First Quarter Results
Royal Caribbean Cruises Ltd. Net Yields increased 7.0% on a Constant-Currency basis (+6.4% As-Reported). Consistent with prior guidance, approximately 350 basis…
Fire Protection – Inventors of 'COMFIRE' Acquired by PaR Systems
US-based PaR Systems Inc. acquires UK company Marine Systems Technology Ltd. PaR Systems, Inc. announces the purchase of Marine Systems Technology Ltd., a leading expert in lightweight composites…
Hapag-Lloyd Chooses Nigeria, Ghana Partners GAC
Leading global liner shipping company Hapag-Lloyd has signed an agreement with the GAC Group to handle their vessels calling at ports in Nigeria and Ghana. Under the deal, GAC will act as full liner agents for Hapag-Lloyd, actively selling its liner services in the region, as well as providing a range of shipping agency and complementary services for its fleet. The deal comes as part of Hapag-Lloyd’s strategy to develop and expand its presence in sub-Sahara Africa.
Wärtsilä Interim Report January – March 2012
"The year has started rather well with order intake increasing by 13%. Our profitability was 10.1% and we are well on track to reach our targets for this year. Our…
Offshore Platform 'Siri' for Repair Despite Cost Increase
Dong Energy is implementing a permanent repair solution necessary to restore the integrity of the Danish North Sea platform Siri. The background for the repair…