Kirby Announces 2Q Results
Kirby Corporation (NYSE: KEX) announced net earnings attributable to Kirby for the second quarter ended June 30, 2011 of $41.7 million, or $.77 per share, compared with $29.3 million…
Admiral Papp: USCG Not Ready for Arctic Ops
Coast Guard Commandant Adm. Bob Papp testified before the U.S. Senate Commerce, Science and Transportation Committee Oceans, Atmosphere, Fisheries and Coast Guard Subcommittee on defending U.S. economic interests in the changing Arctic. During the hearing, Adm. Papp discussed America’s position as an Arctic nation, the Law of the Sea Convention, and need to complete construction of at least eight national security cutters.
Salvage Cost of Stranded Tanker Soars
According to a report on www.businessday.co.za, bad weather could drive up the cost of salvaging the stranded oil tanker MT Phoenix to $4.5m, citing information…
Offshore Wind Power: Good Growth in EU in 1H '11
The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Megawatt (MW), were connected to the power grids in the UK, Germany and Norway during the first six months of 2011.
BIW Secures More Navy DDG-1000 Funding
After months of negotiations, the Assistant Secretary of the Navy, Sean Stackley, called Senator Susan Collins to tell her that the U.S. Navy and General Dynamics…
Nobeltec Releases New Service Pack
Nobeltec announces new hardware integration and software functionality with the service pack release of Admiral 11.1 and VNS 11.1. VNS and Admiral are designed for…
Technip Files Financial Report with AMF
Technip - a project management, engineering and construction company serving the energy industry - has filed his First Half 2011 Financial Report with the French…
MOL: New Containerships to Upgrade Service
Mitsui O.S.K. Lines, Ltd. announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5…
MarPro Editor Joe Keefe Appears on Fox Business News
Joseph Keefe, editor of Maritime Professional and MarineNews magazines, last night appeared on Fox Business News' "America's Nightly Scoreboard" with David Asman to discuss the scrapping of a pair of U.S. Navy tankers before they were complete. Joe Keefe Appears on Fox Business News
Vizada Updates FleetPhone Service Offerings
Satellite-based mobility company Vizada will provide the new Inmarsat FleetPhone maritime handset with email and data transfer capabilities to its extensive network of service provider partners.
Dron & Dickson Win Multi-Million-Dollar Contracts
Dron & Dickson, a specialist in design, supply and maintenance of hazardous area electrical equipment, has secured £55million (over $89.7 million) in UK North Sea contract wins for the first half of 2011. During the last 6 months, the company has landed both new and extended contracts with oil majors such as Nexen Petroleum U.K Ltd, BP, Talisman Energy (UK) Limited and ConocoPhillips. Work has included…
Innovative Cat Crewboat Launched by Topaz
Incat Crowther announced the launch of Topaz Zenith. Launched by Topaz Shipbuilding, this 27.6m Wave Piercing Catamaran Crew Boat has been designed to support offshore energy installations. Part of the development of the vessel focused on an unusual platform for the application. Following the evaluation of a series of criteria, a Wave Piercing Catamaran platform was chosen. The bow of the vessel is configured to interface cleanly with the rig structure…
Atlas Elektronik Demos New MCM Tech
ATLAS ELEKTRONIK has set a milestone in mine countermeasures (MCM) technology. With the C-IMCMS, the company has presented another first: an MCM system that operates exclusively with unmanned units.
Statoil Reports Dramatic Increase in Net Income
Statoil's second quarter 2011 net operating income was NOK 61 billion, a 129% increase compared to NOK 26.6 billion (nearly $11.3 billion) in the second quarter of 2010.
WQIS Issues New Policy Form
The WQIS Policy Form 2007 will be switched over to the WQIS Worldwide Vessel Pollution Policy Form 2011 on September 1, 2011. The new form was released on June 1…
WQIS Celebrates 40th Anniversary
Forty years is a considerable amount of time in any case, but for the marine pollution liability industry, it’s an entire lifetime. WQIS, which essentially founded the industry in 1971…
Cruise Ship Launched in Italy
The 114,500-gt, 3,800-passenger cruise ship Costa Fascinosa touched the water for the first time at the Fincantieri shipyard in Marghera, Venice, a month after the delivery of the Costa Favolosa, her sister ship. Once the interiors have been fitted out, the ship will enter service in May 2012. The Costa Fascinosa is the ninth ship built by Fincantieri as part of Costa Cruises’ fleet development plan that began in 2000.
GL Updates Environmental Passport
The process of protecting the environment is one of continual improvement, there is always more that can be done to reduce the impact from industry on the environment.
New Ship Noise, Vibration Guidelines from ClassNK
ClassNK released its new Noise and Vibration Guideline for measuring and evaluating the noise and vibration on ships. The new Guideline address the growing demand…
MOL Upgrades CX1 Service Linking Panama, Manaus
Mitsui O.S.K. Lines, Ltd. upgraded its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route. The move will provide…