This month, listen in as Sean Fernstrum weighs in on how his firm arrived at its enviable market position, what comes next, and why.Sean Fernstrum is a third-generation owner of R.W Fernstrum & Company. He graduated from Michigan Technological University in 1990 with a Bachelor of Science degree in Scientific and Technical Communications.
The 2019 version of the MarineNews MN100 edition - our annual look at the very best individuals and firms in the shallow draft, brown water and workboat sectors - has come and gone. Anchoring that prestigious list, as always, is R.W. Fernstrum & Company. That's no surprise to MarineNews readers.THE COMPANY:R.W.
Divers searched for more bodies early on Tuesday around the wreck of a boat destroyed by a blaze off the coast of southern California, as authorities launched an investigation into one of the area's worst maritime disasters.Emergency crews found at least 25 bodies after the fire broke out before dawn on Monday, leaving nine people still missing, the Associated Press reported.
Peter Svartsjö at ABB discusses the benefits of water-cooled motors for marine applications that require megawatt levels of power, including space saving, increased energy efficiency and reduced maintenance needs.Electric motors run several main functions on marine vessels – from propulsion and thrusters to deck handling equipment such as winches, anchors and pumps.
According to the latest monthly climate report from the U.S. National Oceanic and Atmospheric Administration (NOAA), July 2019 was hottest month on record for the planet and Polar sea ice melted to record lows.Much of the planet sweltered in unprecedented heat in July, as temperatures soared to new heights in the hottest month ever recorded.
Britain says it fended off Iranian attempt to block its oil tankerThree Iranian vessels tried to block a British-owned tanker passing through the strait that controls the flow of Middle East oil to the world, but backed off when confronted by a Royal Navy warship, Britain said on Thursday.
Three Iranian vessels tried to block a BP-operated tanker passing through the Strait of Hormuz but backed off when confronted by a Royal Navy warship, the UK government said on Thursday.Britain urged Iran to "de-escalate the situation in the region" after the British Heritage, a Suezmax oil tanker operated by BP under an Isle of Man flag, was approached.
Twenty-seven people have been rescued from an Italian-registered cargo ship that caught fire Monday night in the Bay of Biscay, about 150 miles southwest of Brest. The Grimaldi Group owned combination container roll-on/roll-off (ConRo) vessel Grande America was sailing from Hamburg to Casablanca when its cargo of containers and vehicles caught fire around 8 p.m.
Singaporean conglomerate Keppel Corp posted improved results for the fourth quarter, helped by narrower losses in its offshore and marine division, and said it was seeing signs of recovery in the rig industry.The company on Thursday reported a net profit of S$135 million ($99.2 million) for the quarter ended December, compared with a net loss of S$492 million a year earlier
The Ports of Los Angeles and Long Beach on Wednesday said they set all-time records for moving cargo in 2018, after U.S. retailers and manufacturers pulled forward imports to avoid higher tariffs on Chinese goods.The Port of Los Angeles, North America's busiest container port, handled 9.46 million 20-foot equivalent units (TEUs) last year, the most in its 111-year history and 1.
Although MTL has a robust oil and gas heritage, with formidable experience in the global energy marketplace, it also invests heavily in R&D and undertake rigorous testing and research from its base in Kintore, Aberdeenshire. MTL recognizes the importance of progression and continual improvement for the benefit of the organisation and its staff.
Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday."We continue to progress Prelude towards operations, with safety and quality being our main focus ... We expect to see production around the end of the year," she told Reuters in an emailed statement.