Columbia Industrial Products

Mfg of custom composite bearing mateirals

Products

CIP Marine Composite Bearings - water lubricated

Eugene USA

29538 Airport Road
Eugene OR 97402
USA

Maritime News

Oil Leak Contained at Three US Gulf Platforms, Shell Says

Oil Leak Contained at Three US Gulf Platforms, Shell Says

4 hours ago
Top U.S. Gulf of Mexico oil producer Shell said on Thursday it halted production at three U.S. Gulf of Mexico deepwater platforms after a leak shut two pipelines connecting the platforms, adding it expected pipeline service to resume on Friday.A failure at an onshore pipeline junction in Louisiana leaked about two barrels of oil, said Chett Chiasson, executive director of Greater Lafourche Port Commission. A fix is expected to take about a day, he added.A Shell spokesperson said the leak, approximately two barrels of oil, has been contained, and the company expects the Mars and Amberjack pipelines to return to service on Aug. 12.
Hapag-Lloyd More Than Trebles H1 Net Profit, Sees Economic Uncertainty

Hapag-Lloyd More Than Trebles H1 Net Profit, Sees Economic Uncertainty

12 hours ago
German container shipper Hapag-Lloyd on Thursday posted a net profit of 8.7 billion euros ($8.94 billion) for the first half of 2022, more than three times as much as a year earlier, but said war in Ukraine and the coronavirus crisis somewhat clouded its prospects.The company, the world's fifth-biggest container line, upheld forecasts made on July 28 for full year 2022 earnings before interest, tax, depreciation and amortization to range between 18.2 billion and 20.1 billion euros, and for earnings before interest and tax to come in between 16.3 billion and 18.2 billion euros.
Sembcorp Marine Cuts Losses as Easing COVID Curbs Aid Project Deliveries

Sembcorp Marine Cuts Losses as Easing COVID Curbs Aid Project Deliveries

4 hours ago
Singapore's Sembcorp Marine Ltd (Sembmarine) said on Friday its half-year loss narrowed 78% from a year earlier, as the oil rig builder finished delayed projects after pandemic curbs were eased while also benefiting from cost management.The company said its overall order visibility has improved on the back of rising oil prices and renewed concerns about energy security amid geopolitical tensions.Sembmarine has been a loss-making business since it posted an annual loss in 2018, in an industry plagued by oil price volatility, a drop in new orders, and the pandemic's impact.
US Coast Guard Selects Builder for Over the Horizon Cutter Boats

US Coast Guard Selects Builder for Over the Horizon Cutter Boats

4 hours ago
The U.S. Coast Guard announced it has selected Inventech Marine Solutions of Bremerton, Wash., to build the next generation of over the horizon (OTH V) cutter boats. The first delivery order for four OTH Vs was placed August 3 with a value of $1.973 million. These four OTH Vs will be used for operational test and evaluation before the program moves to full production. The 10-year contract supports delivery of up to 200 boats with a total value of approximately $103 million.Beyond the similarities of speed and weight between the OTH V and the OTH IV it is replacing, the OTH V will include improved waterjet control technology, the second generation Scalable Integrated Navigation System
MN100 Application Deadline Extended

MN100 Application Deadline Extended

13 hours ago
Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible. But, only those who apply before August 24, 2022 will be considered for inclusion.Is your company one of the best? Apply now.The 100 companies selected will be featured in the October issue of the largest BPA-audited b-to-b publication in this genre.Click here to apply.Let us know if you have questions. Reach editor Eric Haun at haun@marinelink.com.