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Diesel

Suit filed in federal court against Fraser Shipyard, others for lead exposure

Holder was working as a welder aboard the 690-foot bulk carrier that was being converted for a diesel-propulsion system.According to the lawsuit, Holder was among dozens of workers who starting retrofitting the 57-year-old ship in January were exposed to toxic lead levels.In Mr. Holders case, the levels of lead in his blood were more than seven times the level recognized by Centers for Disease Control and Prevention as being harmful…

Campus Notes for May 24 | News, Sports, Jobs

Minnesota West Community & Technical College Foundation announces the following scholarship recipients for the 2017-2018 academic year. The Minnesota West Foundation awarded over $60,000 in scholarships to new and current students for the upcoming academic year. Canby Campus Award, Canby, Michelle Herrera, $500, Marshall, nursing; Johanna Larson, $500, Boyd, dental assistant.

Princess Acadia berthing tender will cost federal government $500K - Nova Scotia

The Canadian government will pay a Newfoundland company nearly $500,000 to berth the MV Princess Acadia during the winter.A tender awarding the $499,758 contract to Heddle Marine Services was issued Friday.The former Digby-Saint John, N.B. ferry had been temporarily tied up at the former coast guard base at Parker Street on the Dartmouth side of Halifax Harbour.The…

Time Charter Of DP-1 Research Vessel Fixed

Posted by Eric HaunApril 21, 2014Marcon International, Inc. of Coupeville, Washington reported that Stabbert Maritime of Seattle has time chartered the U.S. flag, DP-1, research vessel Ocean Pioneer (ex: Seabulk Montana, Montana, Seabulk Montana, Indian Seal) to FMC Technology of Davis, California.The 205' x 40' x 17' depth vessel was built in 1974 by Burton Shipyard in Port Arthur…

Gasoline

The Energy 202: Trump administration has new energy buzzword

THE LIGHTBULBIn the Trump administration, energy dominance has replaced energy independence as the go-to phrase for describing the federal governments broad energy goals -- in President Trumps case, to promote as much oil, gas and coal development as possible.For years, if there was anything both Republicans and Democrats could agree on regarding energy policy (or at least the way they talked about energy policy), it was that the U.S.

Why International Game Technology, Genesco, and Ensco Slumped Today -- The Motley Fool

Thursday was another strong day on Wall Street, with major benchmarks posting gains across the board. The S&P 500 reached another all-time high on strength from an upbeat view of the economy and good earnings results from major companies in the retail sector. Although energy prices sagged, investors seemed to focus on the cost savings that consumers would enjoy…

Palmetto Pipeline: Separating fact, fiction

The controversial Palmetto Pipeline is proposed to run through 210 miles in Georgia bringing gasoline, diesel and ethanol from the Gulf Coast and from South Carolina to North Augusta, Savannah and Jacksonville.Its suggested route would take it through 603 private and 26 public tracts in the Peach State where it may require the use of eminent domain to condemn property from landowners unwilling to sell the company a 50-foot permanent easement.

Crude Oil Prices Dip as Inventories Shrink

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 516.3 million barrels. The commercial crude inventory remained in the upper half of the average range for this time…

Crude Oil Prices Dip as Inventories Shrink - ExxonMobil Corp (NYSE:XOM)

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 516.3 million barrels. The commercial crude inventory remained in the upper half of the average range for this time…

LNG

Japan's Mitsui OSK exploring LNG power generation on ships- Nikkei Asian Review

TOKYO -- Mitsui O.S.K. Lines is looking to generate power from liquefied natural gas aboard ships, a field with little precedent worldwide that could give the Japanese shipping company a leg up on the competition.Tankers would supply LNG to power generators on ships, with the resulting electricity sent to shore via underwater cables. Compared with power plants on land, site acquisition and other initial costs can be kept low.

Where Did Bunker Fuel Prices Head in Week 20?

May 25, 2017 12:01 pm EDT Week 20As we discussed previously, Aframax rates on the Caribbean route rose more than 200%, while VLCC and Suezmax rates fell in week 20. Now, lets discuss the cost side of the tanker industrybunker fuel costs. Well see how bunker fuel prices performed in week 20, which ended on May 19, 2017.Bunker fuel costsBunker fuel one of the most expensive components for crude tanker companies.

Is Hoegh LNG a Great Stock for Value Investors?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldnt want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process.

DSME, Kongsberg Maritime Join Forces

By Joseph R. FonsecaDecember 9, 2016Tore Wean, Managing Director, Kongsberg Maritime Korea (left) and Mr. Young Bok Choi, Vice President at DSME Naval & Energy System R&D Photo Kongsberg MaritimeDSME and Kongsberg Maritime have signed a Joint Development Agreement (JDA) for a new LNG FSRU regasification control system. As part of the delivery scope for a vessel currently under construction at the Okpo shipyard in South Korea…

Keppel Singmarine bags $74m LNG carrier duo order from Stolt-Nielsen

Specialised shipbuilder Keppel Singmarine has inked an order to build two small LNG carriers for Stolt-Nielsen Gas, with options for three further newbuildings.The contract for the two 7,500 cu m LNG carriers is worth SGD103m ($74.1m) with delivered scheduled for second and third quarter of 2019 and built at Keppel Singmarine's yard in Nantong, China. The vessels…