Company to Pay $9.5 Mln for Actions Leading to US Gulf Explosion
Wood Group PSN Inc., a Nevada corporation headquartered in Houston, was ordered to pay $9.5 million in two separate cases involving its conduct in the Gulf of Mexico.
ASV Global to demonstrate C-Worker 5 ASV at Ocean Business exhibition
ASV Global has announced it will be demonstrating its C-Worker 5 Autonomous Surface Vehicle (ASV) at the Ocean Business exhibition in Southampton…
Maritime Cook Islands Technical Department Reconstituted
Maritime Cook Islands (“MCI”), the international ship registry, hassignificantly enhanced its technical department with a…
Modus unveils Saab Sabretooth for cost effective survey, inspection
Modus Seabed Intervention has successfully completed trialling one of the subsea industry’s first commercially available hybrid unmanned underwater vehicles. It…
Reach Subsea Enters Survey Deal for Edda Fonn
Norwegian owner of offshore inspection vessels Reach Subsea has secured a contract for its Edda Fonn vessel. According to Reach Subsea…
MOL Group Posts Almost USD 1 Billion Profit in 2016
MOL Group significantly outperformed its initial USD 2bn target for 2016 and delivered a clean EBITDA of USD 2.15bn, which…
USS New Hampshire Goes for Maintenance
The Virginia-class nuclear-powered attack submarine USS New Hampshire has arrived at the Portsmouth Naval Shipyard (PNSY) for maintenance work…
Vessel Losses: Is Shipping Resuscitating Its Record?
Safety at sea has improved significantly in the past twenty years, with losses of large merchant vessels becoming a relatively rare event…
USCG Awards Polar Icebreaker Contracts
The U.S. Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis Wednesday.
Top 10 Maritime Nations: Ranked by Value
The March 2017 edition of Maritime Reporter & Engineering News focuses on SINGAPORE, as this maritime powerhouse struggles to maintain balance and
Pioneering Spirit: Addressing Drive & Control Challenges
‘Lifting’ a 48,000-ton platform in the open ocean is no easy task; special Bosch Rexroth components and control systems on board the Pioneering
Vigor to Build 2 More San Francisco Ferries
Vigor said it was awarded the contract to build two additional ferries for WETA (the Water Emergency Transportation Authority) in San Francisco