Petronet LNG Q2 net dips 10%
The company had a net profit of Rs 115.51 crore for the same quarter in FY'08, Petronet LNG said in a filing to the Bombay Stock Exchange. The total income of the company declined to Rs 1…
Sembcorp - LNG Carrier Longevity Contract
This contract signifies the first time that a major LNG operator has committed itself to a long-term longevity program to extend its vessels’ future trading life…
Measuring Quality in Ship Management
The results of a three year study designed to draw up a pan‐industry set of usable and comparable Key Performance Indicators to measure quality ship management services will be unveiled by InterManager, the trade association of in‐house and third part ship managers, at its Annual General Meeting in Singapore on November 17th. In a separate move, the AGM announcement will also mark the movement into ownership by InterManager of the KPI initiative.
Reflex Marine Appoints Bittan to Board
Reflex Marine, dedicated to the transfer of personnel to and from offshore installations and vessels, has appointed a new board member to help meet the demands of global growth…
ROV Survey Vessel for Noordhoek
Noordhoek Survey B.V. announced the order of a new DPII ROV Survey Offshore Support Vessel. The decision to introduce another new vessel to the Noordhoek fleet of offshore support vessels is the next step within the growth strategy of Noordhoek. The delivery of this new specialized vessel is scheduled for the 1st quarter of 2010. Following her delivery she will join the Noordhoek fleet and will become the third vessel in operation and the first ROV Survey dedicated offshore vessel for Noordhoek.
Worley Appointed Superintendent-USMMA
The U.S. Merchant Marine Academy at , is operated by the U.S. Department of Transportation's Maritime Administration. The superintendent of the academy is responsible…
CG, Golden Gate Ferry – Emergency Exercise
Residents of Corte Madera located on the northeast side of the , saw an increased emergency response activity as area responders participate in an industry-led exercise on Wednesday, October 22, 2008.
This Day in Naval History – Oct. 24
1958 - USS Kleinsmith (APD-134) evacuates nationals from . 1962 - Atlantic Fleet begins quarantine operations to force Soviet Union to agree to remove ballistic missiles and long range bombers from .
Mel Oliver Steersman Testifies
In this photo, released by the U.S. Coast Guard, Coast Guard Lt. Cmdr. Melissa Harper, investigating officer into the collision between the towing vessel Mel Oliver and motor vessel Tintomara, asks John Paul Bavaret II, steersman apprentice aboard the towing vessel Mel Oliver, questions during a formal hearing in the federal courthouse in , Tuesday, Oct. 21, 2008. The hearing is being held to investigate…
CNO Participates in Seapower Symposium
More than 200 delegates representing 100 countries attended the largest The Chief of Naval Operations (CNO), Adm. Gary Roughead, participated in the 7th Regional Seapower Symposium for the Mediterranean and Black Sea Countries Oct. 15-17 in . The symposium's theme of "Navies Promoting Dialogue & Cooperation in a Comprehensive Perspective," is similar to the maritime strategy with its emphasis on the importance of enhancing cooperation and building partnerships with maritime partners.
Alion Wins $31M Navy Contract
Under the five-year contract, Alion will help the NSWCCD expand its Advanced Ship and Submarine Evaluation Tool (ASSET) and enhance the center’s Leading Edge Architecture…
Euronav 3rd Qtr Results
The company had a net income of USD 158 million (third quarter 2007: USD -23.3 million) or USD 3.05 (third quarter 2007: USD -0.44) per share, for the third quarter 2008.
Dominican Republic Joins Global Info System
Commander, U.S. Naval Forces Southern Command (NAVSO)/ U.S. 4th Fleet Rear Adm. Joseph D. Kernan joined Dominican Republic representatives in a ceremony to mark…
Laser Cladding Services Appoints Kowske President
Prior to this appointment, Kowske served as Gremada and LCS vice president of sales and marketing where he was responsible for overseeing marketing, product and…
B+H Ocean Carriers to Repurchase Shares
B+H Ocean Carriers Ltd. announced that it will commence a modified "Dutch Auction" tender offer to purchase up to 600,000 shares of its common stock at a price per…
Binh Dinh Shipbuilding Losing Ground
During the ‘golden age’, the Hoai Nhon Seafood Joint-Stock Co received 15-20 contracts every year to build vessels of over 90HP. However the age lasted all of five years, from 1998 to 2002.
Drydocks World – SE Asia Expansion
Sultan Ahmed Bin Sulayem, Chairman of Dubai World, one of world’s largest holding companies, visited the Nanindah and Graha shipyards last week, at Batam in Indonesia and Singapore, which are part of Drydocks World SE Asia, the recent addition to Drydocks World, the group’s global ship building, repair and conversion arm. The visit was part of an inspection and review tour to evaluate progress achieved…
India Considers Reviving Shipbuilding Subsidy
T R Baalu, minister of shipping, road transport and highways, has circulated a cabinet note towards this end for comments from various ministries. (Source: Times of )
Subsea 7 - 3rd Qtr Report
The company’s performance summary gave highlights for the quarter including: good project execution in all regions delivering EBITDA of $164.8 million; satisfactory…
Great Lakes Iron Ore Trade Up 8%
Iron ore shipments on the Great Lakes totaled 6.5 million net tons in September, an increase of 8.2 percent compared to a year ago. The trade also outperformed the month’s 5-year average by nearly 9 percent. Despite the increases, the iron ore trade continued to struggle with the inefficiencies inherent with lack of adequate dredging. The largest iron ore cargo in September – 66,761 net tons – still represented only 92 percent of the record cargo carried in 1997…
