 | VIDEO: Update on Rena, Hope for Resume of Oil Pumping
After days of inaction on the failing MV Rena caused by ill weather conditions, salvage teams are hoping to be able to resume the oil pumping operation on Thursday morning. The Rena is still sitting on the Astrolabe Reef off of New Zealand coasts. While she remains somewhat stable, the crack on the containership is slowly...
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 | Oil Contractor Kidnapped from Supply Ship off Nigerian Coast
A contract employee onboard a ship supplying Exxon Mobil’s offshore oil operations off the Nigerian coast was kidnapped Monday by gunmen. This most recent attack comes just days after another a similar attack and abduction of another worker. Exxon Mobil is not releasing specifics of the attack, nor the identity of the...
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 | Installed Wind Power Capacity in North America Projected to Double by 2017
While the financial crisis of 2008-2009 and the recession had a strong impact on the wind energy industry in terms of new installations, the sector has continued to mature. Wind power now accounts for the majority of the world's installed capacity of non-hydropower renewable energy generation, and most people in the energy industry...
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 | VIDEO: Winning Teams Announced in the $1.4 Million Wendy Schmidt Oil Cleanup X CHALLENGE
- Prizes Awarded for Demonstrating Rapidly-Deployable, Highly Efficient Methods for Cleaning Up Crude Oil on the Ocean Surface
- First Place Team, Elastec/American Marine, Achieves Three Times the Industry’s Previous Best Oil Recovery Rate Tested in Controlled...
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 | Naval Energy Forum 2011: Smart Energy Choices Can Save Lives, Improve Combat Capability
The Navy held its 3rd annual Naval Energy Forum Oct. 13-14 at the Ronald Reagan Building and International Trade Center in Washington. Highlighted were energy efficient technologies and alternative energy sources that enhance combat capability of warfighters and improve energy security for the Department of the Navy (DON) and...
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 | United States Regrets Japan’s Renewed Whaling in the Southern Ocean and is Concerned About Threats of Violence
The United States deeply regrets that Japan has decided to continue its controversial whaling in the Southern Ocean. The United States also expresses its deep concern about the possibility of violence in connection with such whaling. “We are very concerned about Japan continuing its whaling program in the Southern Ocean...
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 | Now Published: “The Shipping Man” by Matthew McCleery
Matthew McCleery’s new novel is part fast paced financial thriller, part ship finance text book, The Shipping Man is required reading for anyone with an interest in capital formation for shipping. The book can be purchased Read More >> |
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 | New Boats, Products and Technology Debuting at the 2011 Fort Lauderdale International Boat Show
New in Boats and Yachts - Cigarette Racing Team will unveil its new generation of performance boats with a new model debut at the Show. Other models on display include: 39 Top Gun Unlimited, 39 Top Fish Cuddy and 39 Top Fish...
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 | Saipem Secures $1.5Billion in Offshore Deals
In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The contract encompasses the...
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 | As World Piracy Hits a New High, More Ships are Escaping Somali Pirates
Piracy on the world’s seas has risen to record levels, with Somali pirates behind 56% of the 352 attacks reported this year, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) revealed today in its latest global piracy report. Meanwhile, more Somali hijack attempts are being thwarted by strengthened...
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 | ENSCO Enters Gulf of Mexico Drilling Contract with Anadarko, Apache, and Noble
Ensco plc ESV announced that it has entered into a shared drilling contract for ENSCO 8505 with Anadarko Petroleum Corporation, Apache Deepwater LLC and Noble Energy Inc. The initial contract term is for two years or two rotations per operator, whichever is longer, in the U.S. Gulf of Mexico at a day rate of $475,000, plus cost...
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 | SOCP to Host Meeting and Anti-Piracy Training Demonstration in November
Joint MARAD/SOCP Anti-Piracy Training and Technology Demonstration November 1st, 2011 Baltimore Harbor, Maryland The Ship Operations Cooperative Program (SOCP) cordially invites maritime industry representatives to attend our...
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 | Coast Guard Hosts Delegates from Republic of China
Coast Guard Sector Delaware Bay crewmembers met with a group of delegates from the Republic of China at the sector Tuesday, as part of the Coast Guard’s International Port Security Program. The delegates viewed a presentation about Sector Delaware Bay’s operations and spent the day touring area port...
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