Wednesday, May 14, 2008 Maritime News

Evergreen Group Chairman Honored

May 14, 2008

Evergreen Group Chairman Dr. Chang Yung-Fa was presented the honor of Commandeur de l'Ordre de la Couronne (Commander of Order of the Crown) by the Belgian Minister of Foreign Affairs,

Air emissions update

May 14, 2008

      In 1997, the IMO adopted the initial version of Annex VI to the International Convention for the Prevention of Pollution from Ships (MARPOL).  This Annex

Offshore Drilling Spends Surges

May 14, 2008

High oil prices will drive oil & gas industry spends on offshore drilling to a total of $380b over the five year period to 2012; a rise of nearly 60% in comparison

New contracts for Dockwise

May 14, 2008

Dockwise Ltd. announced that three new contracts have been awarded to their subsidiaries Dockwise Shipping and ODL for the transportation of a semi submersible drilling rig,

Star Bulk to Change Accounting Policy for Drydocking Costs

May 14, 2008

Star Bulk Carriers Corp. announced that starting with its fiscal first quarter ended March 31, 2008, it has elected to change its policy for accounting for vessel

This Day in Naval History - May 14

May 14, 2008

By Navy News Service 1801 - Tripoli declares war against the United States. 1836 - U.S. Exploring Expedition authorized to conduct exploration of Pacific Ocean and South Seas,

ASA and OMSA Establish Affiliate Membership

May 14, 2008

The American Salvage Association (ASA) and the Offshore Marine Service Association (OMSA) have agreed to establish a reciprocal Affiliate Membership relationship.

USS Carr Trains with Local Coast Guard, Builds Relationships

May 14, 2008

By Ensign Timothy Boston, USS Carr Public Affairs Sailors from USS Carr (FFG 52) completed theater security cooperation events and training to improve interoperability

USCG Identification Documents for Foreign Crewmembers

May 14, 2008

The US Coast Guard proposes to require each crewmember on a foreign commercial vessel en route to a US port or place or at a US port or place and each crewmember

Varun Shipping to Invest $300m

May 14, 2008

Varun Shipping reportedly will invest $300m to buy at least four new vessels in the offshore segment this year, according to a Reuters report. Varun is positioning

McDermott Profit Falls 22%

May 14, 2008

Revenue increased 6 percent to $1.45b from $1.36b a year earlier, as higher offshore oil and gas construction and government revenue offset lower power generation systems revenue.

USN Repair Funds Awarded

May 14, 2008

BAE Systems Norfolk Ship Repair, Norfolk, Va., is being awarded a $5,818,376 modification to previously awarded contract (N00024-05-C-4403) for exercising an option

NOL 1Q Profit Up 183%

May 14, 2008

Neptune Orient Lines (NOL) reported a net profit for the first quarter of 2008 (1Q08) of $121 million, a rise of 183% over the same period of 2007 (1Q07). 1Q08 EBIT was $137 million,

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