International Announces News

Marine Technology Reporter (MTR) has been unveiled as the exclusive video media partner of the Oceanology International exhibition and conference and will be delivering extended broadcast coverage from the 2024 event (Oi24).The collaboration will enhance Oi24’s value as a multi-media platform that communicates the changes in the fast-paced ocean technology, science, and engineering sectors and showcases the developments of the leading innovators to the global industry.As a premier news source in the marine technology and subsea sectors…

Signal International has been awarded a contract for the repair and upgrade of the Transocean semisubmersible rig, HENRY GOODRICH. The project is slated to commence early December 2011 at Signal’s east yard facility in Pascagoula, Mississippi, for a seventy-day out-of-service time frame. The scope of work includes overall repairs, upgrades and refurbishments of the rig. In addition to the removal, renewal and replacement of major equipment; Signal will also be upgrading the crew accommodations, expanding the lifeboat capacity, and renewing the coatings and piping. With prefabrication work underway, the project will enable Signal to employ an additional 300 craft personnel at the yard during peak production.

South African Arts International announces plans to mount a photo exhibition during the WMRC 2011 in Shanghai, China next month. "Greeks are the guardians of the sea. Their long history of saving lives at sea is extraordinary", said Victor Mooney from his home in Queens, New York, an invited speaker for the the World Maritime Rescue Congress 2011 (WMRC 2011) and founder of South African Arts International (SAAI). "In addition to sharing my survival on a life raft for 14 days and being rescued by MV Norfolk…

Algae-X International announces its distribution agreement with Sun Sea Service. Based in Athens, Sun Sea Service is a sales and service center for several engine manufacturers including Volvo Penta, Yanmar and Perkins. Sun Sea Service also maintains over 950 recreational vessels, both private yachts and charter fleets. Sun Sea Service will introduce Algae-X Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to its network of commercial marine customers and boat builders. Algae-X Fuel Conditioners will be installed in the fuel systems for new engine packages and retrofitted into existing engine installations for marine, power generation, trucking and transportation, construction, mining, Agriculture and other applications.

South Africa. Clear Fuel Technologies President Ron Mattig, is introducing ALGAE-X® Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to his network of distributors in the Trucking, Power Generation, Mining, Agriculture and Commercial Marine industries. ALGAE-X® Technology is reported to improve and maintain the quality of diesel fuel, hydraulic oil and other distillate fuels, preventing tank sludge and clogged filters. Improved combustibility of the fuel, which provides more efficient engine operation, extended injector life, reduced fuel consumption, lower emissions, and elimination of carbon deposits. More reliable filtration systems with longer fuel filter change intervals and eliminates tank cleaning.

ALGAE-X® International announces its distribution agreement with Peroni Service Company. Based in Rome, Italy, Peroni Service Company will introduce ALGAE-X® Magnetic Fuel Conditioners and the AFC-705 Fuel Catalyst to its large network of distributors and dealers servicing the marine, power generation, trucking and automotive industries throughout Italy and the northern Mediterranean and Adriatic regions. ALGAE-X® Fuel Conditioners will be installed in the fuel systems for new engine packages and retrofitted into existing engine installations for Marine, Power Generation, Trucking and Transportation, Construction, Mining, Agriculture and other applications.

McDermott International, Inc. (NYSE:MDR) reported net income of $140.4m, or $0.61 per diluted share, for the 2007 third quarter, compared to net income of $102.7m, or $0.45 per diluted share, for the corresponding period in 2006. Weighted average common shares outstanding on a fully diluted basis were approximately 228.9 million and 228.3 million in the quarters ended September 30, 2007 and September 30, 2006, respectively. For 2006, the Company's common shares outstanding and earnings per share are adjusted to reflect the 2-for-1 stock split effected in September 2007. McDermott's revenues in the third quarter of 2007 were $1,324.0m, compared to $1,118.3m in the corresponding period in 2006.

Superior Offshore International, Inc. , a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, announced operating results for the quarter ended March 31, 2007. The Company reported total revenues of $54.3 million for the first quarter of 2007, compared with revenues of $49.4 million in the prior year's first quarter, an increase of 10 percent. Revenues for the first quarter of 2007 exceeded the estimate included in the Company's Prospectus relating to its initial public offering completed on April 25, 2007.

Royal Caribbean International announces its return to Asia in December 2007. The Vision-class ship, featuring the line’s rock-climbing wall and indoor glass walls, will offer a series of cruises out of Singapore, Hong Kong and Shanghai, visiting exotic ports of call in Thailand, Vietnam, Malaysia, Korea, Japan, and Taiwan. Rhapsody of the Seas will debut December 10, 2007, in Singapore offering a series of sailings that will call on Malaysia and Thailand. The ship’s Asia tour continues on from Hong Kong, where she will arrive in time for the Chinese New Year holiday season, offering a series of itineraries calling at ports in Taiwan, Japan, and Sanya, Hainan Island. Then moving to Shanghai, China, Rhapsody will call on ports in Japan and Korea.

Oceaneering International, Inc. announced the award of a one year contract with four option years for the Dry Deck Shelter (DDS) Planning Yard services to provide design, engineering, technical and logistic support. This contract was competitively procured by the Naval Sea Systems Command (NAVSEA) Deep Submergence Program Office PMS 395.

Sea Tow Services International, Inc., has formed an alliance with StarMD, LLC to provide direct, accredited medical assistance to recreational boaters who may experience a medical emergency while out at sea. As part of the exclusive agreement, Sea Tow members will be offered immediate 24-hour a day access to StarMD’s trained emergency medical physicians at a significantly reduced price. Effective immediately, Sea Tow members will have the opportunity to access the Maritime Emergency Response Program, established in 2002 between StarMD and The University of Pittsburgh’s Medical Center (UPMC) that puts boaters in immediate contact with a board certified emergency medicine physician at UPMC in the event of an emergency.