At its extraordinary general meeting held Dec. 12, 2000 in Houston, Texas, holders of ordinary shares of Transocean Sedco Forex Inc. approved all proposals presented at the meeting, including those relating to the company's pending merger transaction with R&B Falcon Corporation. Shareholders approved an increase in authorized ordinary share capital, the issuance of ordinary shares in the merger, anincrease in the maximum size of the company's board of directors to 13 persons and an increase in the number of ordinary shares reserved for issuance under the company's Long-Term Incentive Plan and Employee Stock Purchase Plan. On Aug. 21, 2000, Transocean Sedco Forex announced that it had signed a definitive agreement to merge with R&B Falcon in an all stock transaction in which common shareholders of R&B Falcon will receive a fixed ratio of 0.5 shares of newly issued Transocean Sedco Forex ordinary shares for each R&B Falcon share. The transaction is expected to close during the first quarter of 2001.
Hornbeck-Leevac Marine Services, Inc., announced that the board of directors has unanimously appointed Bernie W. Stewart to fill the recently created board vacancy. Stewart served in a variety of senior management positions with R&B Falcon until its merger in January 2001 with Transocean Sedco Forex, Inc., most recently as Senior Vice President, Operations of R&B Falcon Corporation and President of R&B Falcon Drilling US, its operating subsidiary
The first of a series of eight 22,500-ton ships to be built under a contract between the Vietnam Shipbuilding Industry Corporation (Vinashin) and the Vietnam National Shipping Lines Corporation (Vinalines) was delivered on March 27. The Golden Falcon Ship, built by the Bach Dang Shipbuilding Company – an affiliate of Vinashin, was launched since November 2006. The cargo ship was designed by VINAKITA, a joint venture between Vinashin and Japan’s KITADA, with a 6,230HP main engine
U.S. Naval forces disrupted a pirate attack on M/V Falcon Trader II, a Philippine-flagged merchant vessel, after it reported it had been attacked by pirates March 24. All 20 Filipino crew members of the Falcon Trader II are safe and in control of the vessel. At approximately 10:30 a.m. (local), aircraft carrier USS Enterprise (CVN 65) and guided missile cruiser USS Leyte Gulf (CG 55), conducting operations supporting Operation Enduring Freedom
Mike will serve as Senior Naval Architect in EBDG's New Orleans office and brings over 13 years of naval architecture and marine engineering expertise to the firm. He is a licensed Professional Engineer in the state of Louisiana with a diverse background in all aspects of marine vessel construction. He holds an MBA and a BS in Naval Architecture and Marine Engineering from the University of New Orleans. Matthew joins EBDG in Seattle as a Marine Designer
Elliott Bay Design Group (EBDG) recently welcomed two new hires and two summer interns to the Seattle office. Zach McKinney and Jeremy Rice are the latest Marine Engineers to join the firm. McKinney, who holds a BS in Civil Engineering from the University of Washington, Seattle, has expertise with a number of vessel types including barges, ferries, military and fishing vessels and workboats. He is also versed in detail design and specialty projects.
R&B Falcon Corporation has confirmed a three-year drilling contract with Texaco for its newbuild 10,000-ft. water depth dynamically positioned drillship Deepwater IV, as a substitute for previously contracted Peregrine VIII. Texaco expects to begin a drilling program offshore West Africa shortly after the vessel's delivery, which is scheduled for the third quarter of 2000. Steve Webster, R&B Falcon's president and CEO, stated
American Commercial Lines Inc. (ACL) has appointed Jacques J. Vanier to the position of Vice President Manufacturing. Most recently, Vanier served as Vice President of Global Manufacturing and Operations with Alcoa Automotive and Truck Systems. Throughout his 21 year career with Alcoa, Mr. Vanier held a variety of positions in operations management, manufacturing, logistics, production control and sales. He holds a BS in Industrial Distribution and an MBS in Industrial Management
Baltimore Marine Industries has elected David Cassidy as president and CEO. Cassidy, who succeeds David Watson, who retired, had previously served as president of BethShip, the predecessor to BMI, for 15 years until its sale in 1997. Cassidy holds a B.S. in mechanical engineering and an M.S. degree in fluid mechanics from the University of Newcastle Upon Tyne in England, and has extensive experience in management and executive positions at shipyards in England, Canada and the U.S.
As a step ahead in the MAN Diesel & Turbo and SpecTec Group cooperation, on October 25, 2010, AMOS BS was installed at MAN Diesel & Turbo's PrimeServ location in . On October 26, 10members of MAN Diesel & Turbo staff were trained on AMOS BS main features, by Kim Pommegard and Jens Ipsen from SpecTec DK. SpecTec ILS Manager, Marco Vatteroni, gave his own contribution, showing how it is possible, in a few minutes
Independently-owned ocean-going petroleum barge company Bouchard Transportation Co., Inc. announced the appointment of Brendan J. Bouchard as VP of Sales and Operations, establishing the fifth generation of the Bouchard family. Bouchard Transportation was started by Brendan J
Damen Maaskant Shipyards Stellendam is constructing an innovative razor shell dredger for the Dutch fishing cooperative YE 118 Noordland BV. The 43-metre vessel, sharing the same name as the cooperative, shows how a standard Maaskant design can be modified to meet the ever changing
As many as four VLCC tankers could take North Sea crude oil to Asia this month, shipping fixtures show, after an Atlantic Basin supply glut forced prices to multi-year lows. The Samco Europe, Bunga Kasturi Empat, Britanis and Starlight Venture VLCCs - very large crude carriers - have been lined
The U.S. Coast Guard informs it is working with SpaceX and partner agencies to monitor the debris field of the exploded Falcon 9 rocket in the Atlantic Ocean more than 150 miles off the Florida-Georgia coast. The unmanned SpaceX CRS-7 rocket was meant to deliver supplies
The crew of the Crowley-managed, 393-foot, heavy lift vessel Ocean Crescent recently provided assistance to five people aboard the damaged and drifting catamaran Rainmaker during a routine transit from Progresso, Mexico, to Halifax, Canada.
Since the launch of its first-of-class CTruk MPC22 late last year, the East Anglia-based workboat designer and builder informs it has incorporated performance feedback into future builds to deliver a range of enhancements. The second CTruk MPC22, due for delivery in June
Blank Rome LLP announced that Jay T. Huffman has joined the Firm as an associate in the Maritime, International Trade, and Public Contracts group. He is based in the Firm’s Houston office. Huffman joins Blank Rome from Royston, Rayzor, Vickery & Williams, L.L.P
The United States Senate confirmed William P. Doyle to another term in office as a Federal Maritime Commissioner on the evening of March 23, 2015. The vote was a unanimous 89 in favor, 0 opposed, and 11 senators not voting. Upon confirmation, Commissioner Doyle said
TOTE Services has promoted Michael J. (Mick) Kondracki to director of labor relations and risk management effective March 16, 2015, as announced by the company’s president, Phil Greene, Jr. In his new role, Kondracki will oversee risk management
Webb Institute announced that Matthew R. Werner has been named Webb Institute’s next Academic Dean. Professor Werner, the American Bureau of Shipping Chair of Naval Architecture and Marine Engineering, will begin his term on July 1, 2015
Eni reached a further milestone in the West Hub Development Project with the production start-up of Cinguvu field, located 5 kilometers from N’Goma FPSO Eni started production two weeks ahead of schedule at the Cinguvu oil field
Norwegian shipping company Atlantic Offshore A.S. took delivery of new offshore multipurpose vessel Ocean Falcon from Zamakona Yards at the builder’s facilities in Pasajes, San Sebastián. Ocean Falcon is the third and final vessels in a series built by Zamakona for Atlantic
The Norwegian Dawn, the cruise liner that ran aground as she left Bermuda this week, has arrived in Boston. A story in the Boston Herald says, “Passengers on a cruise ship that ran aground on a reef near Bermuda during a seven-day vacation shrugged their shoulders and said the
Atlantic Offshore Rescue will unveil the third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling $458 million. Ocean Falcon, a new Class A Multi Role and Emergency Response and Rescue (MRV/ERRV) vessel
Vessel sales for May 2015 (as of June 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 5/26 - SEA RACER - 18,320 - 00 - (15) - $3.5 5/12 - BIRCH 5 - 26,045 - 97 - (18) - $2.8