Publication: Marine Log

First reported 10 hours ago - Updated 10 hours ago - 1 reports

W&O Europe inks distribution agreement with Tube-Mac

JULY 31, 20014 -- W&O Europe, a global supplier to the marine and marine offshore markets for pipe, valves and fittings, valve automation, and engineered solutions, has entered into a new partnership with original equipment manufacturer Tube-Mac Piping ... [Published Marine Log - 10 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

Hydrex carries out underwater PBCF installation

JULY 31, 2014 — Last month Hydrex installed Propeller Boss Cap Fins (PBCF) on a 289-meter tanker during the vessel's stop in Mokpo, South Korea.Propeller Boss Cap Fins (PBCF) can recover energy loss of a propeller hub vortex in the propeller's backward ... [Published Marine Log - 14 hours ago]
First reported 14 hours ago - Updated 14 hours ago - 1 reports

HOS beats analysts' expectations

JULY 31, 2014 — Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) reported results for the second quarter ended June 30, 2014 that saw upstream revenue and EBITDA set new quarterly highs on the strength of fleet growth and record ... [Published Marine Log - 14 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

With record earnings, Kirby orders more tonnage

JULY 31, 2014 — Houston headquartered Kirby Corporation (NYSE:KEX) yesterday announced record second quarter earnings and upped its 2014 capital expenditure guidance from $370 million to $380 million as it reported further additions to its shipbuilding ... [Published Marine Log - 16 hours ago]
First reported Jul 30 2014 - Updated 17 hours ago - 1 reports

Princess Cruises orders another ship at Fincantieri

JULY 30, 2014 —Carnival Corporation & plc subsidiary Princess Cruises has reached an agreement with Italian shipbuilder Fincantieri covering construction of a new 143,000 gt, 3,560 passenger cruise ship that will enter service in 2017.The ship will be ... [Published Marine Log - Jul 30 2014]
First reported Jul 30 2014 - Updated 19 hours ago - 1 reports

Hyde partners with Goltens on BWTS retrofits

JULY 30, 2014 — Hyde Marine, Inc. has launched an agreement with Goltens Green Technologies division to help shipowners determine how to best retrofit the Hyde Guardian Gold Ballast Water Treatment System (BWTS) into existing vessels.Hyde Marine says ... [Published Marine Log - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Resolve Maritime Academy builds new wet trainer

JULY 30, 2014 — Resolve Maritime Academy, Fort Lauderdale, FL, is building a new, two-story wet trainer. Larger and more expansive than Resolve's original, the L/V Gray Manatee. it will be used for stability and damage control courses.Utilizing props ... [Published Marine Log - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Hyundai Heavy reports red ink quarter

JULY 30, 2014 — Hyundai Heavy Industries Co., the world's largest shipbuilder, yesterday reported its worst ever quarterly net loss — 616.6 billion won (US$601.7 million) in the April-June period, compared with a net profit of 66.8 billion won a year ... [Published Marine Log - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

U.S. sanctions Putin's shipbuilder and its bank

JULY 29, 2014 — Russia's St Petersburg headquartered United Shibuilding Corporation, created by Russian President Vladimir Putin, a St Petersburg native, through a presidential decrees in 2007, has been added to the list of entities sanctioned by the ... [Published Marine Log - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Thome grabs environmental award from Port of Long Beach

JULY 29, 2014—Slowing down pays off. Thome Ship Management, part of the Thome Group, learned that when it was recently awarded a Green Environmental Achievement Award by the Port of Long Beach, California, for its high performance standards in 2013.Explains ... [Published Marine Log - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Port state control to crack down on rest hours

JULY 29, 2014 — Port State Control authorities are to launch a crackdown to ensure that watchkeepers are getting the hours of rest set by the STCW Convention.A Concentrated Inspection Campaign (CIC) will be held for three months from September 1 through ... [Published Marine Log - Jul 29 2014]
Entities: Tokyo, Paris, Ports
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Simrad MX series products add GLONASS compatibility

JULY 29, 2014 — Simrad has upgraded its Simrad MX Series MX521B Smart Antenna, and HS80A and MX575D DGNSS compasses to be compatible with both Global Navigation Satellite Systems (GNSS): the U.S .Global Positioning System (GPS) and the Russian Federation's ... [Published Marine Log - Jul 29 2014]

Quotes

"Tube-Mac welcomes W&O Europe as a new distributor of the Pyplok product," said Tube-Mac Vice President of Sales, Chris Peitchinis. "This partnership is an exciting business opportunity for both companies in terms of expanded global reach and superior customers service."
"Forward guidance for the effective dayrates for OSVs operating on term contracts was unchanged at $23k-$24k/d for the full year 2014. The high end of full-year 2014 opex guidance was also reduced from $310 million to $305 million. The company shifted its planned drydocking schedule around, lowering the number of vessels undergoing work in 2014 but lifting total days and costs slightly. 2015 will see lower maintenance capex costs than previously expected. The company took delivery of two OSVs in the quarter, but the delivery schedule for the remaining ten was slightly delayed; two OSVs will be delivered in 3Q rather than the four originally planned, with the remaining vessels delivered in 4Q (4) and 1Q15 (4). We do not view the slight delays as a negative, given the current softness and expected pick-up in GOM activity toward the back half of the year."
David Grzebinski, Kirby's President and Chief Executive Officer, commented, "We were pleased with our second quarter results. During the second quarter, we experienced continued high utilization and strong demand in our marine transportation markets. In our land-based diesel engine services market, we saw further signs of improving industry fundamentals and strengthening demand for equipment and services in the oil and gas industry."
"We are incredibly excited to add this fabulous new ship to our already formidable fleet," said Jan Swartz, Princess Cruises president. "Royal Princess and Regal Princess have been exceptionally successful for us and have received numerous accolades from guests, travel agents and media, so adding another sister ship will enable us to continue to expand our innovative vacation experiences. We're very pleased that this new ship order is an indication of the confidence that our parent Carnival Corporation has in the future of the Princess brand." She added that this is the only new order Carnival Corporation & plc anticipates for 2017 delivery

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W&O Europe inks distribution agreement with Tub... [Published Marine Log - 10 hours ago]
HOS beats analysts' expectations [Published Marine Log - 14 hours ago]
Hydrex carries out underwater PBCF installation [Published Marine Log - 14 hours ago]
With record earnings, Kirby orders more tonnage [Published Marine Log - 16 hours ago]
Princess Cruises orders another ship at Fincant... [Published Marine Log - Jul 30 2014]
Resolve Maritime Academy builds new wet trainer [Published Marine Log - Jul 30 2014]
Hyde partners with Goltens on BWTS retrofits [Published Marine Log - Jul 30 2014]
Hyundai Heavy reports red ink quarter [Published Marine Log - Jul 30 2014]
U.S. sanctions Putin's shipbuilder and its bank [Published Marine Log - Jul 30 2014]
Thome grabs environmental award from Port of Lo... [Published Marine Log - Jul 29 2014]
Port state control to crack down on rest hours [Published Marine Log - Jul 29 2014]
Simrad MX series products add GLONASS compatibi... [Published Marine Log - Jul 29 2014]
Australia could buy next submarines abroad [Published Marine Log - Jul 29 2014]
Horizon delivers fourth 74 ft towboat to Canal ... [Published Marine Log - Jul 28 2014]
NTSB reports on tow boat grounding and sinking [Published Marine Log - Jul 28 2014]
Raytheon Anschütz launches ShipGuard [Published Marine Log - Jul 28 2014]
Costa Concordia wreck arrives in Genoa [Published Marine Log - Jul 27 2014]
TSB Canada reports on fatal incident involving ... [Published Marine Log - Jul 25 2014]
HII gets $13.7 million mod to CVN 76 contract [Published Marine Log - Jul 25 2014]
Southern Towing opts for MTU power [Published Marine Log - Jul 24 2014]
Wärtsilä sheds shares in Chinese two-stroke man... [Published Marine Log - Jul 24 2014]
USCG options more cutters from Bollinger Shipyards [Published Marine Log - Jul 24 2014]
Mitsui to supply ME-GI engines for Crowley ConR... [Published Marine Log - Jul 24 2014]
Harvey Gulf orders hybrid MPFSV at Eastern Ship... [Published Marine Log - Jul 23 2014]
Costa Concordia wreck under tow for scrapping [Published Marine Log - Jul 23 2014]
GE and LR look for gas turbine commercial ship ... [Published Marine Log - Jul 23 2014]
Belco scrubber tested in Maersk containership [Published Marine Log - Jul 23 2014]
HHI develops collision avoidance system for ships [Published Marine Log - Jul 23 2014]
MTU 2000 engine passes 360 deg rotation test [Published Marine Log - Jul 23 2014]
Schettino parties as Concordia tow away nears [Published Marine Log - Jul 22 2014]
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