Moncla Marine acquires Tetra workover barge rigs

Lafayette, La., based Moncla Marine has acquired an inland water workover barge rig fleet from TETRA Applied Technologies, LLC., reports Mike Moncla, COO of the Moncla Companies. The three 24-hour inland workover

Grounded containership in danger of breaking up

The Costamare-owned 3,032 TEU containership Rena, which  grounded on Astrolabe Reef off Tauranga on October 5, 2011, now appears to be in danger of breaking up. Maritime New Zealand is “racing to

COSCO Nantong books $220 million OCV order

China’s COSCO (Nantong) Shipyard Co. Ltd. has secured a contract valued over $220 million from an Asian company to build two Self Propelled Pipelay Heavylift Offshore Construction Vessels. The vessels are scheduled

HHI develops Floating LNG plant

Liquefied Natural Gas (LNG) has emerged as an increasingly important clean energy source, particularly following the devastating earthquake and tsunami that struck Japan and triggered one of the world’s worst nuclear disasters.

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Kings Point starts work on strategic plan

The United States Merchant Marine Academy (USMMA), Kings Point, N.Y.,  today began work on a comprehensive strategic plan that will develop long-term objectives and institutional goals, says the U.S.Maritime Administration.  The USMMA