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High Tech Towboat: LNG-Powered Design Gets ABS Approval in Principle

Dec 02, 2014

Conrad Shipyard and The Shearer Group, Inc. (TSGI) said that its design of a 4,200 horsepower LNG-powered towboat received “Approval in Principle” (AIP) from the American Bureau of Shipping (ABS).The boat is based on TSGI’s azimuth drive (Z…

Petrobras Starts Production in GOM

Dec 02, 2014

State-run Brazilian oil company Petrobras said on Tuesday it had started oil and natural gas production at its ultra-deep field in the U.S. Gulf, 280 miles (450 km) off the coast of Louisiana.Petroleo Brasileiro SA as the company is officially called said the Jack/St…

ARCS and AVCS Charts: An Effective Solution

Dec 02, 2014

Raster charts and ENCs offer “best of both worlds” says UKHO .Together, the ADMIRALTY Vector Chart Service (AVCS) and ADMIRALTY Raster Chart Service (ARCS) give you easy access to the world’s widest suite of official digital charts. Ideal for both planning and navigation…

Rio Tinto: BHP Will Not Dethrone it as Cheapest Iron Ore Supplier

Dec 02, 2014

Rio Tinto expects to remain the lowest-cost iron ore supplier to China and therefore to be least affected by a slump in prices of the material, a senior executive said, dismissing rival BHP Billiton's threat to displace it in the ranking.Iron ore has lost about half of its value this year…

ROPOS ROV Wins SS Beaver Medal

Dec 02, 2014

The Sidney-based ROPOS Remotely Operated Vehicle (ROV) was recognized for its contributions to British Columbia’s marine sector by the prestigious award of the SS Beaver Medal on November 26th.  The medal, forged from the salvaged remains of the 19th century Hudson’s Bay Company’s SS Beaver…

Hapag-Lloyd, CSAV Complete Merger

Dec 02, 2014

Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s container business activities into Hapag-Lloyd, becoming the fourth-largest liner shipping company in the world. The corresponding contracts…

Crosby Tugs Relies On Twin Disc

Dec 02, 2014

For seven years Cody Ledet has been head mechanic for Galliano, La.-based Crosby Tugs. And for all his 16 years at the company, he's used Twin Disc marine transmissions to keep his fleet up and running.Founded in 1977, Crosby Tugs has grown…

Swede Ship Marine Acquires Sublift Boat Hoists

Dec 02, 2014

In 2014 Swede Ship Marine acquired the SUBLIFT boat hoist operation. A new company has been formed called Swede Ship Sublift AB. The first deliveries of boat hoists from the yard at Djupvik on the island of Tjörn, Sweden to customers in Sweden and Norway took place in the autumn 2014…

NAVTOR Expands into Asia to Meet Demand

Dec 02, 2014

Enavigation specialist NAVTOR has set course for Asia, with the news that the Egersund, Norway-based business has opened an office in Singapore. The move comes in response to growing regional demand for simple, efficient and cost effective ENC distribution solutions…

New Rubber Compound for Tug Fenders

Dec 02, 2014

Trelleborg’s marine systems operation has launched a new High Performance Super Abrasion Resistant (HPSAR) tug fender, which utilizes an innovative, superior rubber compound. The application of this distinctive and improved compound not only significantly increases the service life of the fender…

New Style Certificates to Combat Fraud

Dec 02, 2014

The International Well Control Forum (IWCF) - the independent, not-for-profit organization, which sets international training standards for well control - has launched a new certification system designed to make it easier for candidates and employers to verify qualifications…

Mercuria Expanding with ex-OW Bunker Staff

Dec 02, 2014

Swiss trading house Mercuria has moved to become a significant player in the marine fuel market by hiring a team of close to 40 former employees from the once-largest supplier, traders and sources close to the matter said on Tuesday.The bankruptcy of Denmark's OW Bunker…

Gabon's oil sector workers start general strike

Dec 02, 2014

Oil workers in Gabon began an open-ended, industry-wide strike on Monday night after talks with the government collapsed, union ONEP said, and long queues formed at gas stations on Tuesday on fear of shortages.The trade union had been in…

MHI Employee Wins Gold at National Skills Competition

Dec 02, 2014

An employee of Mitsubishi Heavy Industries, Ltd. (MHI) won the gold medal in the Mechanical Device Control category at the 52nd National Skills Competition held in Aichi Prefecture from November 28 to December 1. Company employees also won silver and bronze medals in the Welding category…

Ensco Promotes Lowe to EVP

Dec 02, 2014

Ensco plc announced that Carey Lowe has been promoted to Executive Vice President. Lowe will be responsible for overseeing investor relations, public relations, employee communications and branding, led by Vice President Sean O’Neill, as well as strategy…

Logistics News

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

PANYNJ, CALSTART Launch Electric Truck Incentive Programs

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

Lloyd’s Register, MARIC Secure AiP for Tri-Fuel Tanker Concept

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Wall Street Journal, September 4,
Typhoon Saudel floods China's coast with torrential rain