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Otto Marine Profit Warning

Feb 13, 2013

Singapore-based Otto Marine & group subsidiaries issue a warning regarding its forthcoming financial results.Otto Marine Group is expected to report a loss for the financial year ended 31 December 2012 largely due to, amongst others, the following…

Siemens to Supply Eighty N. Sea Wind Turbines

Feb 12, 2013

Siemens contracted by Germany's wpd group to supply & install 80 wind turbines for the Butendiek offshore wind power plant.The agreement also covers a long-term maintenance contract for a period of ten years, the first of its kind for an offshore wind project…

Shell's Arctic Drilling Hiatus

Feb 12, 2013

Both of Shell's offshore drill rigs used during last year's oil exploration season to be transported to Asian shipyards for inspection and repair.The decision suggests the Kulluk and the Noble Discoverer -- Shell's only drilling rigs for…

Feel What it's Like to be a Shipbuilder on New Website

Feb 12, 2013

The National Archives Administration (NAA) of Taiwan launch a website featuring aspects of the country's shipbuilding history.Since 2004, the NAA has digitized the historical files of eight state-run enterprises that were set up in the 1960s and 1970s but were later privatized…

Great Lakes Shipping Shows Signs of Recovery

Feb 12, 2013

Overall U.S. maritime cargo volumes in the Great Lakes region are recovering from extreme lows experienced in 2009 finds a MARAD study.The U.S. Department of Transportation’s Maritime Administration (MARAD) report 'Status of the U.S.-Flag Great Lakes Water Transportation Industry'…

Navy Contracts for Two US Shipyards

Feb 12, 2013

Latest US Dept of Defense Contracts include awards to Colonna's Shipyard Inc. & East Coast Repair and Fabrication L.L.C.Firstly, Colonna's Shipyard Inc., Norfolk, Va.,  is being awarded a $17,942,143 fixed-price contract for a dry-docking…

SKH Product Counterfeiter Sentenced

Feb 12, 2013

Swedish court rules for criminal conviction in SKF counterfeit court case.A Swedish court has sentenced one person to a one-year jail term and a five-year ban from trade, and awarded damages to SKF, after finding him guilty of violation of Swedish trademark law in relation to the SKF trademark…

Polish Port Appoints New CEO

Feb 12, 2013

Maciek Kwiatkowski will take up the leadership of DCT Gdansk at the beginning of April 2013.As DCT continues its preparations for the next major extension phase, an internationally experienced authority in port management, Maciek Kwiatkowski…

GL Group Pass DQS Management System Audit

Feb 12, 2013

The first combined DQS Certificate in the fields of quality, environment, occupational health & safety awarded to GL Group.The GL Group has received a combined certificate of compliance with the BS OHSAS 18001, ISO 9001 and ISO 14001 standards…

OTC Names 2013 Achievement Award Winners

Feb 12, 2013

The awards will be presented on 5, May 2013, at the annual Offshore Technology Conference dinner in Houston, Texas.Award winners are:OTC Distinguished Achievement Award for IndividualsKen Arnold is being recognized for his outstanding…

Hydrex Darkest Africa Bow Thruster Repair

Feb 12, 2013

A Hydrex diver/technician team flew to Pointe-Noire, Congo to replace the stainless steel belt in a research ship's thruster tunnels.The stainless steel belt is installed around the perimeter of a thruster tunnel at the location of the thruster blades…

Barents Sea Oil Terminal: Development Concept Chosen

Feb 12, 2013

Statoil and its partners have chosen a development concept for the Skrugard field in the Barents Sea.The concept includes a floating production unit with a pipeline to shore and a terminal for oil from the Skrugard field at Veidnes outside Honningsvåg in Finnmark…

Coast Guard, NTSB Investigating Carnival Triumph Casualty

Feb 12, 2013

The U.S. Coast Guard and the National Transportation Safety Board launched an investigation into the cause of an engine room fire that occurred onboard the Carnival Triumph, Sunday.The Carnival Triumph experienced an engine room fire Sunday while on a four-day cruise from Galveston…

Places of Refuge

Feb 12, 2013

The concept of force majeure has been broadly accepted since mariners initially encountered the perils of the sea.  Persons and governments ashore have been obligated, at least by natural law, to accept and succor those in distress at sea.…

Five Minutes With Trond K. Johannessen

Feb 12, 2013

Trond K. Johannessen President & CEO, Hatteland DisplayTrond K. Johannessen, President & CEO, Hatteland Display, shares with MR his insights on the evolution and future direction of this Marine Electronics subsector, modern marine displays…

Logistics News

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Federal Maritime Commission Recognizes National Shipper Advisory Committee Members

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Julia Fisher-Cormier Selected as Executive Director of Port of South Louisiana

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

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One killed and power damaged by Russian shelling near Odesa
Adani, India's largest airport operator, wants to expand its operations as part of an $11 billion expansion plan.
A small plane that was linked to former NASCAR driver Biffle crashed on landing in North Carolina