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Latest News - page 2890

 

New Technology in North Sea Test

Dec 16, 2009

A new method which simplifies drilling operations in unstable formations has been tested by Statoil on the Brage field. This “liner drilling” solution makes it possible to operate with a well liner attached directly to a steerable drillstring…

Crowley ATB Largest to Transit Alaskan Waters

Dec 16, 2009

Crowley's petroleum transportation group recently made history, as its 155,000-barrel ATB, Sea Reliance/550-1, became the largest of its kind to have ever transited Alaskan waters.  Under the watchful command of Capt. Scott Murdock, Sea Reliance/550-1 completed a voyage from Martinez…

ZF Marine Restructures East Coast Activities

Dec 16, 2009

ZF Marine LLC, the North American subsidiary of ZF Marine Group in Padova, Italy has implemented some changes to its East Coast service network. To better coordinate service activities up and down the Eastern Seaboard, ZF Marine LLC will…

San Francisco Bar Pilots Support Cal Maritime

Dec 16, 2009

The San Francisco Bar Pilots Association (SFBPA) is renewing and strengthening its long-standing support for The California Maritime Academy through a combination of scholarships and support for enhanced recruitment efforts totaling over $75…

Polembros Barred from U.S. Waters for 3 Years

Dec 16, 2009

Polembros Shipping LTD., a ship management company headquartered in Greece, was sentenced on Dec. 9 in federal court in New Orleans to pay a $2.7m criminal fine for violating anti-pollution laws, ship safety laws, and making false statements during a U…

Iridium Openport on Fishing Vessels

Dec 16, 2009

The FV Aart Maaskant (UK95) is was one of the first Dutch commercial fishing vessels to be fitted with Iridium OpenPort. Gannexion BV, an Iridium service partner, installed the Iridium high-bandwidth terminal to replace the existing satcom system on the 139 ft beam trawler…

WESMAR Thrusters ABS DP Approval

Dec 16, 2009

WESMAR announced that two more of their all stainless steel bow thrusters have been given ABS Certificate of Design Assessment for dynamic positioning (DP) applications. WESMAR Models V2-24 and V2-26 Vortex dual prop all stainless steel bow thrusters have joined the V2-20NS system…

McGahn President and COO of AMSC

Dec 16, 2009

American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced that Daniel P. McGahn has been promoted to the position of President and Chief Operating Officer. In this role, McGahn will be responsible for AMSC’s day-to-day global operations…

Noble Denton DP China Contract

Dec 16, 2009

Offshore engineering and marine service company Noble Denton announced the award of six-figure contract from Zhejiang Shipbuilding Co, Ningbo for the failure mode and effects analysis (FMEA) and trials for a dynamic positioning (DP) Class three ten-vessel new build programme…

Wärtsilä Powers Eleven Spliethoff Vessels

Dec 16, 2009

Wärtsilä has been awarded two large orders from the Spliethoff Group, headquarted in Amsterdam, the Netherlands. The orders are for propulsion systems for eleven ships that the Spliethoff Group has ordered at the Ouhua Shipyard in Zhejiang, China…

Davie Yards Goes Ahead on Ocean Hotels

Dec 16, 2009

Davie Yards (TSX:DAV) received confirmation that its client Ocean Hotels has finalized a $100m loan agreement with Export Development Canada (EDC) for the financing of two Multipurpose Accommodation Vessels contracted at Davie.“Now that our client has secured its financing with EDC…

Inmarsat Activates 5,000th FB Terminal

Dec 16, 2009

Inmarsat (LSE: ISAT) announced that it has activated the 5,000th FleetBroadband terminal.  This figure represents commercially active SIM cards passing operational traffic. The 5,000 FleetBroadband terminals activated through Inmarsat’s…

4000 HP Tug for Brazil Port

Dec 16, 2009

The Estaleiro Rio Maguari, a shipyard in the District of Icoaraci in Belem, the capital of the State of Para in the Amazon estuary (See google earth 1 degree 17 minutes South and 48 degrees 26 minutes West) is currently finishing up a 4000 HP Z-drive harbour tug for Hermasa Navegação da Amazônia…

This Day in Coast Guard History – Dec. 16

Dec 16, 2009

1831-Secretary of Treasury John McLane ordered Revenue cutters to conduct 'winter cruises.'  The USRC Gallatin became the first cutter 'directly authorized by the government to assist mariners in distress.'1960- A United Airlines DC-8 with…

This Day in Naval History – Dec. 16

Dec 16, 2009

1821 - LT Robert F. Stockton and Dr. Eli Ayers, a naval surgeon and member of American Colonizing Society, induce a local African king to sell territory for a colony which became the Republic of Liberia.1907 - Great White Fleet departs Hampton Roads…

Logistics News

Ukraine Explores Using Baltic Ports for Grain Exports

Ukraine Explores Using Baltic Ports for Grain Exports

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

Supply Pressurei in Container Vessel Sector

Supply Pressurei in Container Vessel Sector

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Ninepoint ignores political rhetoric and launches ETF focused on the energy interdependence between US and Canada
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Sources say that traders are pushing for lower prices for Venezuelan crude oil, as shipping costs have risen.