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Grand Banks

Grand Banks Yachts Moves

Grand Banks Yachts has moved its worldwide offices to Seattle while worldwide sales headquarters remain in the company’s long-standing Norwalk, Conn. Facility. Global marketing services, headed by recently-appointed VP Marketing Rob Livingston, are now situated at 2100 Westlake Avenue North, Suite 107, Seattle 98109, located directly on the west side waterfront of Lake Union. Vice President of Sales Ed Roberts continues to manage the Norwalk offices, overseeing worldwide sales along with the American service support staff. Grand Banks also maintains both west coast and European sales offices.


First Orphan Basin Oil Exploration for mid-August

In mid-August, Chevron Canada will drill the first exploratory well in the Orphan Basin. According to industry experts, the exploration of the Orphan Basin could mean the beginning of a new and potentially lucrative phase of Newfoundland and Labrador’s offshore oil industry. The basin is in an area that has not been explored before, where the weather is harsh and the water is deep. However, the potential is massive — the Orphan Basin could hold more oil than the Jeanne D'Arc Basin on the


Halifax Wins Another Order

Halifax Shipyard won another offshore contract. The Irving Shipyard in Halifax, Nova Scotia has landed a contract to modify and refit the Glomar Grand Banks semi-submersible drill rig. The work will be completed at the Irving facility in Woodside. The job, which was commissioned by Global Sante Fe of Houston, Texas, will employ 350 people for a minimum of three months starting in January. The Rig will tie up at Woodside Facility on the December 19, and prepare for the upgrade


Grand Alliance Enhances Routes

Grand Alliance enhances its Mediterranean-Asia loop M to include port call at Busan Grand Alliance is adjusting its service between the Mediterranean and Asia (EUM) in response to the increasing cargo volume. Busan will be included as a port of call in the service loop, and an additional eighth vessel will be deployed for the service. Ships deployed in EUM will be in an average capacity of approx. 6,500 TEU, replacing the


GlobalSantaFe Reports 2Q Earnings

GlobalSantaFe reported net income for the quarter ended June 30, 2002, of $73.4 million, or $0.31 per diluted share, on revenues of $501.7 million, versus $84.3 million and $0.69 per diluted share for the corresponding 2001 quarter. For the six months ended June 30, 2002, GlobalSantaFe reported net income of $150.5 million, or $0.63 per diluted share, on revenues of $990.4 million. This compares to net income of $125.0 million, or $1.03 per diluted share, for the six months ended June 30, 2001


Grand Circle Cruises Buys 'MV Corinthian'

MV Corinthian: Photo courtesy of Grand Circle

Vince Cook, CEO of Grand Circle Cruise Line, informs that the company has acquired the 'M/V Corinthian', a 98-passenger, ocean-going vessel that currently operates in Antarctica.  They had chartered the ship for the past year and intend to expand the Corinthian's operations with the launch of three new small ship cruise itineraries in 2015. The ship was acquired for an undisclosed price from Travel Dynamics International, an operator of educational programs aboard small cruise ships


Cruise Ships Prepare for Hurricane

Five Miami-based cruise ships have changed their itineraries to avoid Tropical Storm Chris. Forecasters have issued a hurricane watch for the southeastern Bahamas and the Turks and Caicos islands as Tropical Storm Chris threatens to intensify. Royal Caribbean's 3,114-passenger Navigator of the Seas, which plans to return to Miami by August 5, skipped a visit to St. Maarten and will arrive in Nassau on August 4, a day earlier than planned


Grand Alliance Extends Cooperation for 10 Years

The Grand Alliance, founded in 1998, is an integrated consortium in container liner shipping. Its members are Hapag-Lloyd, MISC Berhad, Malaysia, Nippon Yusen Kaisha (NYK), Japan, and Orient Overseas Container Line (OOCL), Hong Kong. The four member lines have extended their cooperation for ten more years. The member lines of the Grand Alliance are continuing their successful cooperation, and today Adolf Adrion, Executive Board member of Hapag-Lloyd AG, Niels Kim Balling


Rotkirch Named Chairman and CEO of Grand Bahama Shipyard

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Carl-Gustaf (Calle) Rotkirch, a 32-year maritime industry veteran, has been named Chairman and Chief Executive Officer of the Grand Bahama Shipyard, Ltd., effective August 1, 2008.  In this capacity, Rotkirch will oversee all operations of the shipyard, which is one of the largest cruise ship repair facilities in the world; Grand Bahama Shipyard services more than 100 cruise ships, cargo vessels, tankers, and naval vessels annually


International Ship Masters’ Association 2011 Convention Complete

New officers (both elected and appointed):  Front, L to R:  (Elected Officers) Grand Secretary-Treasurer George Skuggen, Grand 2nd Vice President Rebecca Hancock, Grand President Tom McMullen, Grand 1st Vice President Seann ODonoughue;  Back, L to R: (Appointed officers) Grand Marshal Joe Walters, Grand Chaplain Camilla Ross, Grand Warden Mark Stevenson, Grand Sentinel Mike Pratt. Photo courtesy the ISMA

The 121st annual convention of International Ship Masters’ Association (ISMA), held in Detroit, Mich., concluded on Saturday, February 12, 2011. Newly-elected officers were installed on Friday, February 11: Grand President: Thomas McMullen, of Livonia, MI Grand 1st Vice President: Seann O’Donoughue, of Owen Sound, ONT Grand 2nd Vice President: Rebecca Hancock, of Traverse City, MI Grand Secretary-Treasurer: George R. Skuggen, of Avon Lake, OH  


China Embraces Carbon Pricing and UN Takes a Shine to Plan

China embraces carbon pricing and UN takes a shine to plan

Millions of visitors and residents could hardly miss the message projected on the side of the world famous United Nations building in New York this week: "Put a price on carbon." At the UN's Climate Summit this week a diverse group of global leaders


China Charges State-owned Shipyard Ex-head with Taking Bribes

Xi Jinping is the General Secretary of the Communist Party of China, the President of the Peoples Republic of China, and the Chairman of the Central Military Commission.

  The former chairman of Chinese state-run shipyard Hudong-Zhonghua Shipbuilding has been charged with taking bribes, prosecutors said on Friday, the latest official to be swept up in President Xi Jinping's anti-corruption crackdown.


EMAS Offshore Launches Singapore Listing

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EMAS Offshore boosts profile amongst international investment community by providing Asian platform for growth;  Singapore public offer opens at 6.00 p.m. today and closes at 12.00  noon on 2 Oct 2014.   EMAS Offshore Limited (“EMAS Offshore”


‘Green’ Hybrid-powered Research Vessel Christened

The $2.7 million environmentally friendly research vessel, Spirit of the Sound (Photo courtesy of the Maritime Aquarium at Norwalk)

The Maritime Aquarium at Norwalk christened a larger, “greener” new research vessel on Friday, September 26 in preparation for launching a new era in examining, monitoring and teaching about Long Island Sound. The $2.7 million environmentally friendly research vessel


Mercury Marine Launches Repower Financing

Randy Caruana

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers. “Easy and attractive financing makes the sale for many boaters,” said Randy Caruana


Leading Shipping Equity Analyst Joins Clarkson Capital Markets

Omar Nokta: Photo in public domain

Clarkson Capital Markets, the investment banking arm of shipping services group Clarkson PLC,  says it has enhanced its equity research coverage with the appointment of Omar Nokta as Managing Director of Shipping Research. Omar will be based in CCM's New York office.


Chevron To Find Buyers for Hawaiian Refinery

  Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said. Deutsche Bank AG was retained to sell the plant, according to another person familiar with the sale


Russia's Yamal LNG Project May Tap Wealth Fund in 2014

Yamal megaproject

  Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies. Russia's No.2 gas producer, co-owned by an ally of President Vladimir Putin, Gennady Timchenko


Nigerian Minister Pledges $1.3 bln for Power Companies

President Goodluck Ebele Azikiwe Jonathan of Nigeria

   Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised. Despite holding the world's ninth largest gas reserves


MN 100: Alternative Marine Technologies LLC

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62 Southfield Road, Suite 214 Stamford CT. 06902 Website: www.alternativemarinetech.com E-Mail: rkunkel4@gmail.com President / CEO: Robert Kunkel Number of employees: 12 The Company: Alternative Marine Technologies (AMTECH) was developed to provide technical support to Owners in Shipping;


MN 100: Superior-Lidgerwood-Mundy Corporation

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302 Grand Avenue Superior, Wisconsin 54880 E-mail: stenerelli@lidgerwood.com Website: lidgerwood.com President: Kent Phillips Number of employees: 35 The Company: With more than 150 years of experience, Superior-Lidgerwood-Mundy (SLM) is a leading U.S


Ocean Liner Queen Mary Rings in 80 Years

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Beloved ocean liner Queen Mary turns 80 on September 26, and the public is invited to join a ship-wide celebration. The Queen Mary will open her gangways and ballrooms, decks and salons, attractions and eateries to a daylong celebration. There will be no charge for admission to the ship (10 a.m


DNV GL Supports Call to Put a Price on Carbon

Bjørn Kj. Haugland, DNV GL Chief Sustainability Officer, here with Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), and Erik Rasmussen, CEO of Monday Morning Gl

  DNV GL joins global push to put a price on carbon. Over 1,000 companies and 73 countries now support a price on carbon to start bringing down emissions. Speaking on the sidelines at the UN Climate Summit in New York, DNV GL Group Sustainability Officer Bjørn K


Ensco Prices $1.25-Billion Senior Notes Offering

Bank Notes: File image

UK based provider of offshore drilling services, Ensco plc, says that it has priced an underwritten offering of $1.25 billion principal amount of senior unsecured notes consisting of two series as follows: •    $625 million principal amount of 4


UK Approves Dong Energy Wind Extension

Britain's energy ministry on Friday approved the expansion of Dong Energy's Burbo Bank offshore wind farm in the Liverpool Bay of northwest England, paving the way for the Danish company to build on its leading position in the UK market. Britain's Secretary of State for Energy and Climate






 
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