NJ rock salt saga: Poor planning, not the Jones Act to blame

FEBRUARY 26, 2014—The great New Jersey rock salt shortage has apparently come to an end, and so, too, perhaps the Garden State’s assaults on the Jones Act. A U.S.-flagged barge carrying the

Mermaid Marine Australia to buy Jaya businesses

FEBRUARY 25, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia has agreed to pay Singapore $625 million (about US $495 million) to buy the entire issued and paid up share capital

Electric Boat gets $36 million mod for NRMD

FEBRUARY 25, 2014 — General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $36,137,340 cost-plus-fixed-fee modification to previously awarded contract (N00024-13-C-4311) to provide a Nuclear Regional Maintenance Department (NRMD). Under

Navy budget stresses new ships, but LCS numbers in doubt

FEBRUARY 25, 2014 — “Under the President’s budget plan, the Navy will launch an aggressive and ambitious effort to reduce acquisitions costs and maximize resources available to buy and build new ships,”

Sembcorp Marine profits inch up

FEBRUARY 24, 2014 — Singapore’s Sembcorp Marine recorded a full year net profit of Singapore $556 million in 2013, 3% higher than the previous year’s S$538 million. On a quarterly basis, 4Q

DSME wins gas carrier orders worth $640 million

FEBRUARY 24, 2014 — South Korea’s Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, has won orders for eight gas tankers worth a total $640 million from two Asian shipowners.

IHC Merwede launches second pipelayer in series

FEBRUARY 23, 2014 — IHC Merwede’s Krimpen aan den IJssel, Netherlands, shipyard has launched the second in a series of five sophisticated pipelayers in a ceremony in which it was named Sapura

Paddle wheel propulsion picked for Loire cruise trio

FEBRUARY 23, 2014 — European river cruise specialist CroisiEurope is to start offering cruises on France’s longest river, the Loire, and has ordered three specially designed 295 ft x 49 ft paddle

OSI to design AOPS integrated bridge and nav system

FEBRUARY 21, 2014 — OSI Maritime Systems Ltd. (OSI), Burnaby, BC, has been selected by Lockheed Martin Canada to support the design activity of the bridge and navigation capabilities for the Royal

USCG plans changes to casualty reporting requirements

FEBRUARY 20, 2014 — Law firm Blank Rome has issued an advisory on U.S. Coast Guard marine casualty reporting guidance and proposed reporting enhancements offshore. The  advisory notes that the Coast Guard

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