Cote-L Industries

manufaturer and distributor

Products

flexible, slip resistant coatings, fire retardant additives and coatings

Teaneck USA

1542 Jefferson Street
Teaneck NJ 07666
USA

Ships

CAPE DOUGLAS

Vehicle Carrier | Flag: United States of America | Port: NORFOLK, VA

Maritime News

Ship Recycling Prices Continue Downward Trend

Ship Recycling Prices Continue Downward Trend

20 minutes ago
Another woeful week of declining sentiments has left all of the major global ship-recycling markets on edge as the industry approaches the summer / monsoon months in the sub-continent. Moreover, it seems doubtful (at present) that any more noteworthy deals will likely be concluded, especially with the industry in such a state of disarray.Depreciating currencies and plummeting steel plate prices (especially in Pakistan this week alone) have left nearly all of the major recycling markets looking at a near $100/LDT decline in prices since the peaks of over $700/LDT (and nearly $500/MT in Turkey) seen several weeks ago.
CSL’s New Laker Equipped with Berg Electric Drives

CSL’s New Laker Equipped with Berg Electric Drives

11 minutes ago
Emissions reductions have been confirmed for the first laker to feature a diesel-electric drive train, after the initial weeks in service of Canada Steamship Lines’ new self-unloader Nukumi. The vessel arrived in Halifax in time to take up duties for the 2022 Great Lakes season complete with patented Direct Drive Electric technology from Berg Propulsion.Built by China’s Chengxi Shipyard, the delivery also marks a bulk carrier market debut for Direct Drive Electric - an integrated solution developed by Berg to make high efficiency electric propulsion easier to adopt.
Brouwershaven to Resign as CEO of Heerema to Focus on New Challenges

Brouwershaven to Resign as CEO of Heerema to Focus on New Challenges

16 minutes ago
Koos-Jan van Brouwershaven will leave Heerema as CEO on May 31, 2022. Van Brouwershaven was the CEO of Heerema Fabrication Group from 2013 and also the CEO of Heerema Marine Contractors from 2018.Van Brouwershaven said: "I have worked with passion and dedication at this professional company for almost ten years. Over the past few years, we have strategically repositioned ourselves under difficult market conditions, thereby creating the conditions for continued success in the future. "In recent months, I have come to the conclusion that the completion of this repositioning is a natural moment for me to resign from my position as CEO of Heerema and focus on new challenges.
US Coast Guard Modifies Offshore Patrol Cutter Contract

US Coast Guard Modifies Offshore Patrol Cutter Contract

47 minutes ago
The U.S. Coast Guard on May 20 announced it modified its current contract with Eastern Shipbuilding Group (ESG) so installation of the Athena combat weapons system and multi-mode radar system will be completed during the production phase of the offshore patrol cutter (OPC). The Athena system, radar and armament of the OPC are provided to the Coast Guard as Navy type-Navy owned government furnished equipment.Prior to this modification, installation of both systems was to occur after contract delivery while each cutter was in its homeport.
USCG Warns of Water Contamination in Fuel Systems

USCG Warns of Water Contamination in Fuel Systems

58 minutes ago
A towing vessel operating in a pushing-ahead configuration experienced a loss of all propulsion while operating on the Mississippi River. The loss of propulsion occurred approximately three hours after getting underway and about 3.5 hours after receiving fuel from a shore-side facility. Fortunately, there was no significant damage to the vessel, nor injuries to crewmembers because of this casualty.The subsequent investigation into the causal factors revealed that the vessel’s fuel tanks and fuel service system to the engine were heavily contaminated by water.