Interim Management

Rolls Royce Give Interim Management Statement

Rolls Royce say that current trading is consistent with guidance contained in last annual report Trading since the start of the year is consistent with the guidance provided in our Full Year Report in February. For the full year, the Group continues to expect good growth in underlying revenue and underlying profit with cash flow around breakeven as we continue to invest in future growth. Guidance excludes the impact of the Tognum acquisition and the proposed sale of the Group’s 32.5% shareholding in International Aero Engines (IAE). The Group’s balance sheet remains strong. Recognising this, Standard & Poor’s Ratings Services has raised its long and short term corporate credit ratings to ‘A/A-1’ from ‘A-/A-2’, with a stable outlook. Since announcing preliminary results in February, Rolls-Royce has achieved some important milestones. The Trent XWB engine took to the skies for the first time, on board an Airbus A380 flying test bed. In Singapore, we opened our new manufacturing and training facilities that will produce wide chord fan blades and assemble and test large commercial jet engines. Rolls-Royce continues to invest across the Group in technology, capability and facilities to deliver on our current commitments, to improve productivity and to create opportunities for future growth.

Braemar Announces Unaudited Half-Year Results

Unaudited interim results for the six months ended 31 August 2011. Braemar Shipping Services plc (“Braemar” or the “Group”), an international provider of shipping and marine services, today announces unaudited half-year results for the six months ended 31 August 2011.   FINANCIAL HIGHLIGHTS • Revenue from continuing operations £61.5m (interim 2010/11: £67.6m) • Pre-tax profit £5.0m (interim 2010/11: £7.2m)

Measures Announced to Prevent Environmental Damage from Harmful Aquatic Plants and Animals

The USCG announced measures to prevent environmental and health problems resulting from harmful aquatic plants and animals carried from abroad in ships' ballast water, a move reflecting the Department of Transportation's commitment to controlling and preventing the introduction of these species. A new interim rule, effective July 1, requires ships operating outside of U.S. waters to report their ballast water management practices

Sealift Command Charters Cruise Ships to House Evacuees

WASHINGTON – Along with thousands of active-duty and National Guard troops, several commercial passenger ships are also reporting to duty to support hurricane-relief efforts along the Gulf Coast, U.S. Northern Command officials announced. The ships, contracted by the Navy's Military Sealift Command, are part of the Federal Emergency Management Agency's massive response to provide relief for displaced victims, officials said.

USCG Releases Interim Report on Alaska Small Passenger Vessel Safety

The Alaska Small Passenger Vessel Task Force (ASPV) has issued an interim report concerning safety issues for small passenger vessels operating in remote Alaskan areas. Seventeenth USCG District Commander, Rear Adm. Thomas J. Barrett, chartered the ASPV in July as a result of recent accidents involving small cruise vessels. Adm. Barrett also asked the ASPV to find ways to minimize the risk of future incidents and improve response to accidents.

USCG interim policy re MARPOL Annex VI

The U.S. Coast Guard issued a Policy Letter providing interim guidance regarding voluntary compliance with MARPOL Annex VI by U.S. vessels. Annex VI outlines international requirements for vessel air emissions and air pollution prevention measures for vessels. The Annex enters into force on 19 May. The U.S. has not yet ratified Annex VI. Regardless, the Annex will apply to commercial vessels of 400 gross tons ITC engaged in international voyages. Eligible and qualified U.S

UPDATE: OMB Declares USCG BWT Standard as "Final"

Draft USCG ballast water rule now finalized, according to OMB.   The Office of Management and Budget (OMB) completed its review of the Coast Guard's Ballast Water Discharge Standard regulations in accordance with Executive Order 12866, and changed its designation from an Interim Final Rule to a Final Rule on February 24, 2012. The Coast Guard is preparing it for publication in the Federal Register, and expects to complete the administrative process within 30 days.  

FS Nivôse Saves Nordneptun from Pirates

A helicopter from the EU NAVFOR warship FS Nivôse was launched against a pirate skiff leading to the disruption of a pirate attack against the merchant vessel Nordneptun off Zanzibar, Tanzania on the morning of 25 May. EU NAVFOR continues to successfully patrol, intercept and disrupt pirate attacks throughout the EU NAVFOR area of operations. The French EU NAVFOR warship Nivôse responded immediately to a distress signal from Nordneptune, a tanker

Maritime Cargo Importers Requirements

The U.S. Department of Homeland Security confirmed on Jan. 26 that it will not extend the effective date for new information requirements on maritime cargo destined for the United States. The Importer Security Filing and Additional Carrier Requirements interim final rule went into effect January 26 and requires maritime cargo carriers and importers to submit additional data to U.S. Customs and Border Protection before vessels are permitted entry into the country.

Adams Interim President & CEO at OMSA

The Offshore Marine Service Association (OMSA) announced the appointment of James Adams as interim President and Chief Executive Officer. Adams’ appointment followed the resignation of Ken Wells, who has led OMSA since 2004. Wells left the organization in order to pursue other opportunities.  Otto Candies, III, the chairman of OMSA’s board of directors stated, “We are sorry to see Ken go as he has served our organization and members energetically for six years