The U.S. Coast Guard and Air National Guard completed a four-day, long-range, joint rescue mission to medevac a critically injured 39-year-old man aboard a cargo ship located approximately 1,300 miles west of San Francisco, Friday.The Hong-Kong-flagged bulk carrier Ocean Applaud contacted 11th Coast Guard District command center watchstanders Monday regarding a crewmember who reportedly fell 30
General Dynamics (NYSE: GD) appointed General Dynamics NASSCO president Kevin Graney as president of General Dynamics Electric Boat, effective October 1. David J. Carver, NASSCO’s vice president and general manager of repair, will succeed Graney as president of General Dynamics NASSCO. Jeffrey S. Geiger, who has served as president of Electric Boat since 2013, will retire effective September 30.
Philly Shipyard announced Wednesday that Jeffrey Theisen will re-join the company as Chief Financial Officer, effective September 8. Theisen fills the vacancy created by last month's sudden passing of Brian Leathers.Theisen previously served as Philly Shipyard's CFO for eight years, from 2007 - 2015.
Operator Bernhard Schulte Shipmanagement (Singapore) on Monday pleaded guilty in federal court to maintaining false and incomplete records relating to the discharge of bilge waste from the tanker vessel Topaz Express, a felony violation of the Act to Prevent Pollution from Ships.According to court documents and information presented in court
US authorities announced that South Korea's top shipbuilding conglomerate Hyundai Heavy Industries (HHI) will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules.US Justice Department and and the U.S. Environmental Protection Agency (EPA) said that between 2012 and 2015, the company imported nearly 2
China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions, marking China's first gas imports of this kind, said the Shanghai Oil and Gas Exchange.CNOOC and Shell will use carbon credits won in projects in China's northwest Xinjiang and Qinghai region to offset the carbon emissions involved in producing
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, Lübeck, Germany, for one of its Capesize dry bulk vessels, the m/v Sideris GS.According to a press release from the global shipping company specializing in the ownership of dry bulk vessels, the gross charter rate is US$12,700 per day
Volvo Penta to power three hybrid and hybrid-ready ferries currently being built at GS Marine Production AS. GS Marine is currently building a new ferry for Faroe Island operator, Standfaraskip Landsins. This ferry will have a speed of 20 knots and be powered by two of Volvo Penta’s engines.
The U.S. Coast Guard (USCG) announced that two new Fast Response Cutters (FRCs) will be named in honor of Coast Guard reservists who served in the New York City Police Department and New York City Fire Department and lost their lives responding on 9/11.Adm. Karl Schultz, Coast Guard Commandant
Two shipping companies incorporated in Liberia pled guilty today in federal court in Wilmington, Delaware, to failing to notify the U.S. Coast Guard of a hazardous condition on one if its vessels and to violating the Act to Prevent Pollution from Ships (APPS) by presenting false documents to the Coast Guard that covered up vessel oil pollution.
Taiwan accepted its first carbon neutral shipment of liquefied natural gas (LNG). State-owned CPC Corporation, a natural gas, and gasoline company in Taiwan announced receipt of LNG cargo from Shell.Nature-based carbon credits have been used to compensate the full carbon dioxide (CO2) emissions generated – from exploring for and producing the natural gas, to use by the final consumer.
New York-headquartered product tanker company International Seaways has closed on senior secured credit facilities worth a total of USD 390 million.The crude oil and petroleum product tanker company said that the facilities consists of a 5-year USD 300 million senior secured term loan facility, a 5-year USD 40 million revolving credit facility, of which USD 20 million has been drawn, and a 2.