U.S. Coast Guard crews continue to monitor the pollution cleanup Friday from a boat that caught fire near the Sponge Docks in Tarpon Springs, Fla. SWS Environmental Services has collected about 4,900 gallons of water, diesel mix from the water’s surface surrounding the vessel Skye Marie, which caught fire approximately 11 p.m. Tuesday. Currently all [...]
May 17, 2013 | Posted in
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Recent analysis by energy research firm Zeus Development Corporation has identified International Organization of Standardization (ISO) intermodal tanks as an important enabling technology for marine operators to switch from petroleum fuels to natural gas. The marine industry is accustomed to transporting and storing ISO containers for general freight and bulk liquids. Specialized insulated containers increasingly [...]
Seadrill Limited has today completed the previously announced transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T-15. The balance of the total consideration is being financed with [...]
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Marine electronics specialist MARIS AS has completed an ECDIS (electronic chart data information systems) technical training programme to enhance support services covering North America and the Caribbean. The initiative is part of its commitment to the Global Distribution & Service Agreement with IMTECH MARINE. Engineers in IMTECH MARINE’s service network covering US and Caribbean ports [...]
May 17, 2013 | Posted in
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The US Navy accepted delivery of the first Mobile Landing Platform, USNS Montford Point (MLP 1), from General Dynamics-NASSCO on May 14, in San Diego, Calif. The Mobile Landing Platform is a new class of ship and highly flexible platform that will provide capability for large-scale logistics movements such as the transfer of light and [...]
May 16, 2013 | Posted in
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Eagle Bulk Shipping Inc. announced on May 15th its results for the first quarter ended March 31, 2013. For the first quarter of 2013, the Company reported net income of $1.4 million compared with net loss of $17.4 million, for the comparable quarter of 2012. In the comparable first quarter of 2012, the Company reported [...]
Though only in its fourth year, the annual U.S. Maritime Industry Congressional Sail-In has become a signature event in the nation’s capital. Earlier this month, the Seafarers International Union (SIU) officials helped make the 2013 gathering another success, as 135 participants from all segments of the industry were involved in 157 meetings with members of [...]
May 16, 2013 | Posted in
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Marinette Marine Corporation (MMC) was awarded options to build two additional Littoral Combat Ships (LCS). These are the fifth and sixth LCS ships that MMC has been contracted to build under the 2010 block buy contract. The award of LCSs 13 and 15 increases MMC’s backlog through 2016 and assures the company’s ability to maintain [...]
May 15, 2013 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announced that its General Cargo Vessel Bahri Abha made its maiden call to Jacksonville Port Blount Island Marine Terminal on 6th May 2013 to load vehicles and other cargoes headed to the Middle East. The vessel is the first of six new general cargo vessels that Bahri [...]
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Vantage Drilling Company reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March [...]
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