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ASA Member Responds in Gwadar, Pakistan

Photo courtesy ASA

On January 20, a member of the American Salvage Association (ASA) successfully refloated a bulk carrier that ran aground near Gwadar Port in Pakistan. Led by their Salvage Master, ASA’s member mobilized a salvage team that included a naval architect and dive team, along with a high-horsepower tug, to refloat the grounded vessel carrying 50,000 metric tons of urea fertilizer. The crew safely refloated the 623 ft bulk carrier during high tide without having to lighter bunkers or cargo. The vessel and cargo were delivered to its owners with no damage to the environment. 


ASA Presents “Rapid Response” Award

The American Salvage Association (ASA) awarded its first Rapid Response Award on April 29 to the United States Coast Guard Marine Safety Office (MSO) New Orleans for its role in the salvage of the M/V Lee III, a supply boat that collided with a container ship and sank near the Southwest Pass of the Mississippi River on February 21. Five crewmembers were lost in the incident. ASA member Bisso Marine commenced operations to remove the vessel


Congresswoman Davis to Receive Award

The American Shipbuilding Association (ASA) announced that Representative Jo Ann S. Davis (R-VA) would be the 2006 recipient of the Herbert H. Bateman Award. This award will be presented on June 28th during ASA’s Salute to the 109th Congress reception in the Gold Room (2168) of the Rayburn House Office Building. Representative Jo Ann Davis succeeded Congressman Herbert H. Bateman in representing the 1st congressional district of Virginia


New Members Elected to Hydro's Board

Billy Fredagsvik and Jørn B. Lilleby have been elected members of Norsk Hydro ASA's Board of Directors. Fredagsvik, process operator in Hydro, and Lilleby, maintenance supervisor in Hydro, replace Geir Nilsen and Ragnar Fritsvold as two of the Board’s three employee-elected representatives


ASA, C-PORT Enter Partnership

The American Salvage Association (ASA), the national trade association for the professional marine salvage industry, and C-PORT, the national association for the marine assistance industry, have entered into a partnership to exchange associate membership between the two organizations. This will allow both marine response associations to exchange resources and information, encourage networking among members, discuss and review government policies related to the marine sector


Reed Receives Herbert H. Bateman Award

The American Shipbuilding Association (ASA) announced that Senator Jack Reed (D-RI) is the 2009 recipient of the Herbert H. Bateman Award. This award was presented on Wednesday, May 13th at 6:00 pm during ASA’s Salute to the 111th Congress reception in the Gold Room (2168) of the Rayburn House Office Building. Elected to the U.S. Senate in 1996, Senator Reed is a senior Member of the Armed Services Committee, a Member of the Subcommittee on Seapower


New Managing Director at Farstad

The Board of Farstad Shipping ASA has appointed Karl-Johan Bakken as new managing director in Farstad Shipping ASA.He will succeed Terje J.K. Andersen who will retire in May 06. Karl-Johan Bakken will, however, take up his new position from January 1, 2006. Karl-Johan Bakken, born in 1958, holds a M.Sc. in Naval Architecture from the Norwegian Institute of Technology in Trondheim (1984). He joined Farstad Shipping ASA with a 15 years experience from Ulstein/Rolls-Royce


Aker Yards Secures Contracts for Diving Support Vessels

Aker Yards ASA said it won an order from DOF ASA for a diving support vessel (DSV), and a contract from DOFCON ASA and Technip for a second DSV. For DOF, Aker Yards will build a DSV based on Aker Yards' Aker DSV06 design, while the other DSV will be to the Aker OSCV-06L DSV design. Source: Forbes


Ganger Rolf Orders Newbuildings

First Olsen Ltd., which is owned 50/50 by Bonheur ASA and Ganger Rolf ASA, is advising of a Letter of Intent for newbuilding contracts for two suezmax tankers to be built at Bohai Shipbuilding Heavy industries C. Ltd. in China. If concluded, delivery will be due in December 2009 and April 2010, respectively and the price is agreed at $73.7m per vessel.


DryShips Completes Acquisition of Ocean Rig

DryShips Inc. announced that Primelead Limited, a wholly owned subsidiary of DryShips Inc., has effected a compulsory transfer of all remaining shares in Ocean Rig ASA and as a consequence of the compulsory transfer and cancellation of the treasury shares held by Ocean Rig ASA, Primelead Limited is owner of 100% of the shares in Ocean Rig ASA. As of July 10th, 2008 Primelead Limited controls 163,611,380 shares, equivalent to 100% of the shares and votes in Ocean Rig ASA


Aker Philadelphia Shipyard : Buyback Program of Own Shares

 Aker Philadelphia Shipyard

The Board of Directors of Aker Philadelphia Shipyard ASA has resolved to initiate a buyback program for up to 10% of the Company's share capital. The decision reflects the Company's focus on maximizing shareholder returns over time, its strong financial position


Aker Philadelphia Shipyard to Pay Dividend

Aker Philadelphia Shipyard

  ]On July 16, 2014, the Board of Directors of Aker Philadelphia Shipyard ASA (Oslo: AKPS) resolved to pay a dividend to the shareholders of AKPS as of expiry of July 22, 2014, of NOK 1.5 per share, in aggregate NOK 18,862,149. The resolution was made pursuant to an authorization granted


Aker Philadelphia Shipyard ASA : Purchase of own shares

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  Aker Philadelphia Shipyard ASA (the "Company") (Oslo: AKPS) has on 21 July 2014 purchased 2,155 shares in the Company on Oslo Axess at an average price of NOK 160.64 per share with a total consideration of NOK 346,190. Following the transaction, AKPS holds a total of 2


Aker Philadelphia Shipyard ASA: Purchase of own shares

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  Aker Philadelphia Shipyard AKPS), a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market, has on July 25, 2014 purchased 1,465 shares in the Company on Oslo Axess at an average price of NOK 158.68 per share, implying a total consideration of NOK 232


KfW IPEX-Bank Finance For 2nd Star Cruises' Ship

  With a loan of EUR 600 million, KfW IPEX-Bank is financing the construction of a second cruise ship for Star Cruises, the leading cruise line in Asia, at the Meyer Werft shipyard in Papenburg. The signing ceremony of the relevant contracts took place today in Hong Kong


Agenda For June 19 Public Meeting on NPREP Guidlines

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Leaders of the maritime industry will convene in Washington, D.C. on June 19 with representatives of the relevant government agencies to have a dialogue addressing concerns with, and ways to improve, the recently published draft National Preparedness for Response Exercise Program (NPREP) guidelines


EMGS - New Contract In Norwegian Sea

Electromagnetic Geoservices ASA (EMGS), the marine EM market leader, has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea.   The survey is expected to commence in June, using the vessel BOA Thalassa.


Interview: John Witte - VP, International Salvage Union

John Witte

Working full-time with Donjon Marine Co., Inc. since 1982, John A. Witte, Jr. is currently Executive Vice President. He oversees the day-to-day operations of Donjon’s Marine Salvage, Demolition, Marine Transportation, Diving, Heavy Lift and Shipbuilding Operations


Marine Salvage Saves Time, Money, Lives & the Environment

Elliot Tug and Barge Action Shot WEB.jpg

Though maritime transportation is unequivocally proven as the safest and most environmentally benign means to move goods from ‘point A to point B,’ it is a given that accidents do happen. When they do, having a qualified, competent marine salvage company around can be the difference


EMGS Receives New contract From Tullow Oil

BOA Thalassa

  Electromagnetic Geoservices ASA (EMGS) has received a signed contract from Tullow Oil Norge AS worth USD 7.7 million for 3D EM data acquisition in the northern part of the North Sea. "We are delighted to work with Tullow again, and also


Havyard Rings Bell on Group's Oslo Bourse Listing

Havyard Group listing: Photo Oslo Børs

Norwegian shipbuilders, service providers & designers Havyard Group ASA inform that its listed stock has been traded on the Oslo Børs as President & CEO Geir Johan Bakke rang the ceremonial bell. Per Sævik, CEO of the family company Havila Holding said in connection with


Australian Government Urged to Safeguard Nation's Maritime Skills

Ships officer: File photo

The Australian Shipowners Association (ASA) informs it has urged the Abbott Government to be careful in its consideration of the Productivity Commission Report into Tasmanian shipping and freight, as there are still concerns about any recommendation to deregulate access to coastal shipping services


Philly Tankers Step Closer to Its First Vessels

Philly Tankers Step Closer to Its First Vessels

  Following the announcement of 10 June 2014 by Aker Philadelphia Shipyard ASA  (AKPS) Philly Tankers had successfully secured equity commitments necessary to finance the purchase of two product tankers from AKPS with deliveries in 2016 and 2017.


Demerger Proposed at Aker Solutions

Photo: Aker Solutions

The board of directors of Aker Solutions ASA has in accordance with the strategy disclosed April 30 resolved to propose to the company's shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services


EMGS Receives Contract Worth $2.7 mln from OMV (Norge) AS

File photo :EMGSs two purpose-built 3D EM vessels

Electromagnetic Geoservices ASA (EMGS)  the marine EM market leader, who uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbonshas, received a contract worth USD 2






 
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