USS Sterett, Named for Pirate Fighter, Lead Rescue Attempt
The Arleigh Burke-class destroyer Sterett, which took the lead in the failed U.S. attempt to rescue Americans from Somali pirates, is on its first active-duty cruise.
Frontline Swings To Q4 Loss On Write-Downs, Dry Dock Costs
According to a Feb. 22 report from the Wall Street Journal, Frontline Ltd. (FRO) swung to a fourth-quarter loss, falling short of analysts' estimates, on capital…
Costamare Q4 & Year End Report
Costamare Inc. (NYSE: CMRE), an international owner of containerships, reported unaudited financial results for the fourth quarter and for the year ended December 31, 2010.
Subsea 7 Wins Chevron GOM Contract
Subsea 7 S.A., a global leader in seabed-to-surface engineering, construction and services, announced the award of an engineering and installation contract by Chevron U.S.A. Inc.
Bremner Joins Multi Service
Multi Service, the transaction management company responsible for online bunker procurement technology currently utilized by major government entities worldwide…
Repsol Signs LNG Supply Deal
Repsol has signed a liquefied natural gas (LNG) supply agreement with South Korea's state-owned Korea Gas Corporation (KOGAS), boosting Repsol’s position as one…
BP, Reliance Industries Announce Partnership in India
Reliance Industries Limited and BP today announced a historic partnership between the two companies. Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and Mr.
Berg Propulsion Becomes IMarEST Marine Affiliate
The , Science and Technology (IMarEST) Marine Partners scheme is the corporate partnership program of the IMarEST – the leading professional body for the global marine community.
“Shipwrecked: Tang Treasures and Monsoon Winds” Opens in Singapore
One of the oldest and most important marine archaeological finds of the late 20th century was unveiled to the public February 19, 2011, when the much-anticipated…
Statoil Tender for New Rig Design
Statoil is sending out an invitation to tender for a new type of drilling rig. It is specially-designed by the industry on behalf of Statoil for use on mature fields…
BV, Russian Register Sign Agreement
Bureau Veritas (BV) and Russian Maritime Register of Shipping (RS) signed a three-year co-operation agreement covering the development of joint guidelines for LNG…
Hamworthy Improves on Separator Performance
Hamworthy signed a contract with FPSO Owner OSX 1 Leasing B.V., a subsidiary of OSX Brasil S.A., for delivery of its newest generation Vessel Internal Electrostatic Coalescer (VIEC) technology to the FPSO OSX-1. Upon completion of customization works currently in progress in , the FPSO OSX-1 will be delivered by OSX to its customer OGX Petróleo e Gás Ltda. under charter arrangements, for deployment in the basin, offshore .
Zero Emissions Terminal Embarks on World Tour
It is the ocean cargo terminal of the future - powered by the sun and wind. WWL’s futuristic will require no conventional power, forego fossil fuels and release…
Qatargas, Shell Send Qatargas Cargo to India
Qatargas and Shell announced that the first cargo of liquefied natural gas (LNG) from the Qatargas 4 Project (70% Petroleum, and 30% Shell) has loaded. The cargo…
GAC Extends Network to Bahamas
GAC’s global shipping network has been further strengthened with the signing of an alliance agreement with Bahamian agency Elnet Maritime Co. Ltd., to form GAC-Elnet, effective 1 March 2011. Elnet Maritime Co. Ltd. was founded by shipping veteran Elbert ‘Ellie’ Hepburn in 2008 after serving a variety of top managerial positions at agencies in Grand Bahamas. Since then, the company has provided effective…
Maersk Orders 10 Ships from Daewoo
Maersk Line signed a contract with 's Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build 10 of what the company terms as the world's largest and most efficient vessels, with an option for an additional 20 vessels. Scheduled for delivery between 2013 and 2015, they will entirely change the shipping industry's understanding of size and efficiency. Called the 'Triple-E' class for the three main purposes behind their creation -- Economy of scale…
Harbor Guard Boats Gets Order for Firehawk 2426
Medina International Holdings, Inc., (OTC Bulletin Board: MIHI) has received an order for a Firehawk 2426 fire rescue boat from the City of Poughkeepsie Fire Department…
Austal’s Walpole Wins National Award
Austal employee, Byron Walpole, was presented with the Australian Industry and Defence Network (AIDN) 2011 National Young Achiever of the Year Award at a defence industry ceremony held in Canberra this week. Walpole was the recipient of the Western Australian Young Achiever Award in late December 2010, and, as a result, was entered into the National competition, which recognizes the achievements and potential of individuals within the defence industry.
Volvo Penta Signs Agreement with Garmin
AB Volvo Penta and Garmin Ltd have entered into a joint development and marketing strategic alliance to provide instrumentation, navigation and communication equipment for marine use.
MarineCFO Announces Enterprise Version 3.0
MarineCFO Inc. announced the release of Enterprise Version 3.0. which provides a configurable software solution that can grow and change with the business. MarineCFO…