Deep Sea Supply, a Cyprus headquartered owner of offshore support vessels, has appointed Jon Are Gummedal as new CEO of the company, says a statement from the company. Gummedal has worked with Deep Sea Supply since January 2014 as Technical Director with the responsibility of the technical management and crewing of the fleet operating worldwide. He was previously Technical Director at Wilson, responsible for a fleet of 86 vessels. He has more than 13 years experience in the industry, the last 7 in higher management positions. “I am looking forward to continue working to improve our position in the market. We have a strong and motivated team, a modern fleet and a healthy balance sheet that is well prepared to face the current market down turn,” says Jon Are Gummedal. In his new position, Gummedal will retain a strong focus on the operational performance of the fleet, Deep Sea Supply said.
Tidewater Inc. announced second quarter net earnings for the period ended September 30, 2006, of $104.2 million, or $1.86 per common share, on revenues of $274.0 million. For the same quarter last year, net earnings were $82.2 million, or $1.42 per common share, on revenues of $204.4 million. The immediately preceding quarter ended June 30, 2006, had net earnings of $71.4 million, or $1.23 per common share, on revenues of $269.8 million.
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, has commissioned research into the future labour and skills requirements for the growing decommissioning sector to try to alleviate predicted skills shortages in future. With more than £1billion a year of decommissioning expenditure forecast for the UK North Sea by 2015 and only 7% of projects completed to date, DNS will make its findings available to training bodies to help ensure appropriately skilled people
The Alaska Marine Highway ushered in a new era in marine transportation for the community of Metlakatla with the signing of a contract to between the Department of Transportation and Conrad Industries of Morgan City, LA to build a new ferry. The new vessel will provide dedicated service between Metlakatla and Ketchikan, two of the Inside Passage’s southernmost communities. Southeast Region Director, Bob Doll , represented the Alaska Department of Transportation & Public Facilities at
Statoil said savings in acid-rain-causing nitrogen oxide (NOx) from two new low-emitting ships would allow it to meet its NOx emissions reduction targets from one new power station. "We've been given permission to credit these NOx reductions against land-based projects," Knut Barland, vice-president for environment at Statoil said. "And the kind of reduction we'd be getting on these ships would meet the NOx emission reduction target for one of these (planned) power plants."
Maersk Supply, a subsidiary of the A. P. Moller-Maersk group, came out of the third quarter of 2013 with a profit of US$76-million, against a profit of US$ 48-million in the same quarter in 2012. Revenue rose from US$ 226-million in the period of 2012 to US$ 240 million. The profit for the third quarter of 2013 improved compared to the same period last year primarily due to higher utilization and lower operating costs.
Three more years North Sea hire for DOP platform supply vessel 'Skandi Caledonia' Norwegian offshore vessel owner DOF has secured a three-year contract extension with Danish operator Maersk Oil for its platform supply vessel Skandi Caledonia for work in the UK North Sea sector. The three-year option now exercised from October this year replaces an earlier one-year option, with the dayrate for the new period - which was not disclosed - set to increase 25%.
GAC Russia is underlining its commitment to offshore oil & gas exploration and extraction in the Black Sea with a major project to upgrade its facilities at the port of Novorossiysk. The Black Sea is one of the areas in which the development of fields looks set to boom as Russian oil majors are granted licenses and joint ventures are formed with international energy companies to develop blocks. GAC Russia has already signed contracts with one of the key players to provide
General Dynamics, National Steel and Shipbuilding Company, San Diego, Calif., is being awarded a $100,000,000 fixed-price-incentive modification under previously awarded contract (N00024-02-C-2300) to exercise an option for long lead time material and associated labor for the 10th ship of the T-AKE 1-Class (T-AKE 10).The contractor will perform material sourcing, material ordering, vendor interface, and material quality assurance
By Henning Gloystein, Reuters Ukrainian plans for expanding Black Sea natural gas output have been thrown into doubt by Russia's seizure of Crimea, a region linked to most of Ukraine's offshore developments. Past price disputes between Russia and Ukraine have led to the Russians cutting off supply, prompting Kiev to spur development of its own resources including onshore shale gas and Black Sea fields. Ukraine failed to pay Russian gas company Gazprom $440 million by a deadline on
More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for a joint meeting hosted by the ports of Long Beach and Los Angeles to gather input
HINODE Events and Services Pvt Ltd., have announced the 4th Annual Conference on Salvage and Wreck Removal in India to be held on Wednesday, July 8, 2015 at Visakhapatnam on India's East Coast. This conference is being held for the first time in Visakhapatnam, a busy Dry Bulk Port
General Mills UK & Ireland – responsible for a range of market-leading brands, including Old El Paso, Green Giant, Betty Crocker and Nature Valley – is to be the first tenant at a new state-of-the-art distribution hub that will save 600
An Iranian convoy, believed to be carrying weapons destined for the Houthi rebels in Yemen, turned around and is headed north towards home country, WSJ quoted as U.S. defense officials saying. The cargo ships, accompanied by two Iranian warships, shifted course as a U.S
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) won the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) 2015 ceremony held on Tuesday, 21 April 2014 at The Ritz-Carlton, Millennia Singapore.
A U.S. Coast Guard (USCG) aircrew dropped medical supplies to a Colombian fishing vessel 900 miles northwest of Galapagos Island, Sunday, the USCG informs. At approximately 10 p.m., Saturday, Coast Guard 11th District watchstanders received a call from personnel aboard the fishing vessel
Wärtsilä launched a new anchor handling tug supply (AHTS) vessel design at this year's Sea Asia exhibition held in Singapore from April 21-23. According to the designer, the focus of the new design is on simplicity, efficiency, low fuel consumption
Royal IHC has announced an extension to its innovative range of vessels with the introduction of the IHC Workhorse. This new design for a hybrid anchor handling tug supply (AHTS) vessel has been developed specifically for the offshore sector
Royal Caribbean's newest ship, Anthem of the Seas, was named in Southampton, U.K., in a spectacular ceremony. U.K. travel agent godmother Emma Wilby named the 4,180-passenger ship with the words: "I name this ship Anthem of the Seas
Risks faced by today’s global businesses represent a combination of traditional concerns and newer threats that reflect changing times. The 2015 Allianz Risk Barometer, a survey of more than 500 corporate insurance experts and risk managers from 47 countries
Thome Group is giving its full support to Singapore Maritime Week with several senior executives speaking at key events during the packed programme. Michael Elwert, Director of Group Strategy, HR & Support, will chair a session at the Sea Asia conference on Thurs April 23 to
Officials from the Philippine and United States armed forces participating in this year's Balikatan exercises, the largest in 15 years, insisted that the said activities will not zero in on possible response to the issue of the South China Sea.
The National Ocean Industries Association (NOIA) today presented SEACOR Marine with the 2015 NOIA Safety in Seas (SIS) Culture of Safety Award and Safety Practice Award. This is the first time the same company has won awards in the same year
The Bomin Group, a global physical supplier and trader of marine fuel oil, has announced that it is launching a physical operation in Copenhagen, Denmark. The expansion is in line with the company’s ambitious plans for growth throughout 2015.
Foreign ministers from the Group of Seven major nations have warned against “any attempt to assert territorial or maritime claims through the use of intimidation, coercion or force” — a message apparently aimed at China.