Hoegh Sees Tough Market until 2016-2017
Oslo-listed liquefied natural gas (LNG) shipper Hoegh LNG reported third-quarter earnings below expectations on Wednesday and said its market could remain challenging…
Woodside to Pick up Moroccan Acreage
Kingdom of Morocco, to explore a block offshore Morocco. depths ranging from 1700m to 4400m. acquired, subject to Ministerial approval, a 25% interest. Commitments…
Petrobras to Appoint Director
Petrobras’ Board of Directors approved at a meeting today (25 Nov.) the appointment of a director of Governance, Risk Management and Compliance, charged with ensuring…
Gazprom & Eni Close Rank
Sochi hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio Descalzi, Chief Operating Officer of Eni. The…
PGS Moves Asia Pacific HQ to Malaysia
As a part of the plan to restructure PGS business activities in Asia Pacific the Company has decided to relocate its regional headquarters from Singapore to Kuala Lumpur ("KL").
Zargon Oil & Gas Sells Hamilton Lake Assets
Zargon Oil & Gas Ltd. announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million. Zargon has…
Rolls-Royce Wins US Marine Corps Contract
Rolls-Royce has been awarded a new, two-year contract to provide aftermarket engine support for the US Marine Corps and Air Force V-22 fleets, which provides a more…
MacGregor's Deck Equipment For Chinese Shipyard
MacGregor, part of Cargotec, has secured a comprehensive deck equipment contract from New Times Shipyard, in China, for Intership Navigation Co Ltd's three new 36,500 dwt Laker-class bulk carriers.
Jetty Construction near Lorong Halus Jetty, Singapore
From 28 November 2014 to 28 May 2015, work will be carried out for the construction of a jetty near Lorong Halus Jetty. Construction of the jetty will be carried out by piling barge…
UniMarine Opens Office in Pireaus
UniMarine announced the opening of its new office UniMarine South Europe & Mediterranean. Located in Piraeus (Greece), the office will be servicing the Southern European and Mediterranean region.
Strategy Can Maximize UKCS potential
Companies operating in the North Sea require a cultural shift to make the most of the its potential, according to a new report from Deloitte, the business advisory firm.
US House to Hold Hearing on Oil Export Ban
A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance. The House subcommittee on energy and power, chaired by Representative Ed Whitfield, will hone in on the 1975 Energy Policy and Conservation Act, drafted in response to the 1973 oil crisis. The law prohibited the export of most crude oil…
Bollinger Delivers 11th FRC to the US Coast Guard
Bollinger Shipyards, Inc. has delivered the William Trump, the 11th Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger Chief Operating Officer, Ben Bordelon: “We are extremely happy to announce the delivery of the latest FRC built by Bollinger, the William Trump, to the 7th Coast Guard District in Key West, Fla. The 154-foot patrol craft William Trump is the eleventh vessel in the Coast Guard's Sentinel-class FRC program.
US Navy Evaluating SEWIP for LCS
The U.S. Navy is evaluating a scaled-down version of the Surface Electronic Warfare Improvement Program (SEWIP) system for potential incorporation on future Littoral Combat Ships (LCS), Naval Sea Systems Command announced, Nov. 20. SEWIP is an evolutionary development block upgrade program for the SLQ-32 Electronic Warfare (EW) System and will be designated as AN/SLQ-32C(V)6. Still in the early stages of development…
Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe
Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in…
Matson Raises Guam, Micronesia Rates
Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the…
Newport News Lays Keel for Virginia-Class Sub
Newport News Shipbuilding, a division of Huntington Ingalls Industries (HII), hosted a keel-laying ceremony Saturday for the future USS Washington (SSN 787), a Virginia-class submarine named for the Evergreen State. The submarine’s sponsor is Elisabeth Mabus, daughter of Secretary of the Navy Ray Mabus. Acting as the keel authenticator, during the ceremony she chalked her initials onto a metal plate.
Maritime Reporter @ 75: The Daily Cartoon
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners, ship and boat builders, naval architects and marine engineers. Today Maritime Reporter heads a group of four print and 10 websites serving the global maritime, offshore and subsea sector.
Vacant Pier to Help Ease Long Beach Congestion
The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant pier on Terminal Island to be open and operating in December, which will help to alleviate congestion at the docks. The Long Beach Board of Harbor Commissioners approved the use of 30 acres on Pier S for temporary storage of empty shipping containers. The temporary depot will help put back into circulation more chassis – the wheeled trailer-frames that trucks use to haul cargo containers.
Shipbuilding Regulations: Cents and Sensibility
Addressing the Jones Act is just one aspect of an increasingly complicated boatbuilding environment. Stovepiped, poorly conceived regulations is another. The sting of the recession is fading, but the economic vitality of the marine industry is still in jeopardy. That’s because the current regulatory environment and the foreshadowing of its future is concerning. Boat builders and operators alike understand and accept that the premise of the rules is to promote safety…
