Moore Stephens: HMRC May Rethink Tonnage Tax Changes
Moore Stephens, understands that Her Majesty’s Revenue & Customs (HMRC) has agreed to re-examine, in consultation with the shipping industry, its earlier intention to unilaterally reinterpret the UK Tonnage Tax rules to the potential detriment of many shipowners. Widely disputed changes based on unspecified ‘legal advice’ were set out in HMRC’s tonnage tax manual in September 2009. These focused in…
RINA Obtains Kazakhstan Recognition
RINA has been officially recognized as a competent and authorized authority to carry out classification and statutory services for ships registered under the Kazakhstan flag. The authorization was formalised in a recently signed agreement between the Ministry of Transport and Communications of the Republic of Kazakhstan and RINA Services SpA, the parent company of the Genoa-headquartered RINA Group.
SWIRE Oilfield Services Appoints New Sales Director
Swire Oilfield Services, a provider of offshore cargo carrying units and associated services has appointed David Rae as sales director in line with its significant investment plans. Rae brings a wealth of knowledge and experience to the company gained from holding a variety of senior commercial and finance roles in a career spent working in both the oil and gas and manufacturing industries. He was most recently business development director at helicopter operators CHC.
NPREP: Pre-Exercise Public Outreach Events
LOS ANGELES — The Coast Guard announces its National Preparedness Response Exercise Program (NPREP) pre-exercise Public Outreach events to be held Sept. 13, 2011 in Ventura, Calif., free of charge.
STX Finland, STX Windpower Collaborate on Windpark Supply
STX Finland and STX Windpower are starting a joint collaboration on turnkey windpark supply in Northern Europe, focusing on offshore sites in the Northern Baltic…
The Nautical Institute Expands Accreditation Services
The Nautical Institute announces today that it is to expand its accreditation services. Members input, which has fed into the Institute’s current five year strategic plan…
Andersen to Head DnB NOR, Shanghai Branch
DnB NOR has appointed Vidar Andersen as the new head of its Shanghai branch succeeding Espen Lund who has returned to the bank’s headquarters in Oslo after an eight year stint as China country head. Vidar Andersen said today: "I am very pleased to have been given such an opportunity and I approach the task with both humility and pride. Espen Lund is taking up a position in the management team of the…
Grandweld Delivers the Forward Landing Crew Boat
Grandweld Shipyards delivered the first forward landing crew boat design in the region. The 24M vessel features a customized forward bow fender, designed for steady…
Offshore Energy 2011: Confidence in O&G
As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy…
Transocean: Offer to Acquire 100% of Aker Drilling
Transocean Services AS, a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), announced an all cash voluntary offer for 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. The Board of Directors of Aker Drilling has unanimously recommended that its shareholders accept the Offer. On August 14, 2011, Transocean entered into an irrevocable agreement with Aker Capital…
Aberdeen Celebrates Successful Cruise Season
Aberdeen Harbor has bid a fond farewell to another successful cruise season, with the arrival of the final vessel of the season, Hebridean Princess, a small luxury liner making its maiden voyage to the port.Carrying just 50 passengers and a crew of 38, the vessel’s ‘East Coast Adventure’ saw it berth at the harbour overnight before heading to Dundee, the East Neuk of Fife and Leith.The Princess is one of nine vessels that have called into Aberdeen Harbour since the cruise season began in May…
Siemens to Power PSV Pair
Bay Shipbuilding in Sturgeon Bay, Wis., has awarded the Siemens Division Industry Solutions a multimillion Euro contract to equip two platform supply vessels (PSV)…
Dongfang Shipbuiliding Shares to Trade
According to a report on www.rttnews.com, Dongfang Shipbuilding Company Limited intends to seek admission of its shares to trading on the AIM market of the London Stock Exchange.
SeeByte Provides SeeTrack Military Training to the Polish Navy
SeeByte, the global leader in creating smart software technology for unmanned systems, has successfully provided the Gdansk University of Technology (GUT) and the Polish Navy full training to accompany their recent purchase of SeeByte’s SeeTrack Military software. Having acquired SeeTrack Military earlier this year, SeeByte’s team trained two engineers from GUT and two members of Poland’s naval staff…
Report: Chinese Aircraft Carrier Completes Trials
According to a report on www.chinadaily.com.cn, China's first aircraft carrier finished its sea trials this weekend, and returned to port in Dalian. The carrier nicknamed for now "Varyag" when at the Black Sea Shipyard in Ukraine, broke through a thick fog and appeared about 3 km east of the docks of the Dalian Shipbuilding Industry Co Ltd, which refitted the ship, according to the Beijing-based Mirror Evening News. At least seven tugboats guided the vessel to the dock, the report said.
Vector Signs Exclusive Medical Contract
Hutton's has signed an exclusive contract to supply medical equipment and to provide annual survey services for Vector Offshore Limited. Vector's fleet of offshore support vessels operates out of Aberdeen and each uniquely carries two Autonomous Rescue and Recovery Craft (ARRC) which are capable of operating on their own, putting the company at the cutting edge of rescue and recovery in the North Sea.
Sonardyne helps major scientific discovery on the Mid-Atlantic Ridge
Sonardyne International’s Ranger 2 USBL (Ultra-Short BaseLine) acoustic positioning technology has played a crucial role in a scientific mission to discover a new eco system on the floor of the Atlantic Ocean. The Irish led VENTuRE expedition used the Ranger 2 equipment to track the Remotely Operated Vehicle (ROV) Holland 1 over three kilometres below the sea surface as it searched for and filmed evidence of the newly named Moytirra Vent Field.
This Day in Navy History
1845 - U.S. Naval Academy established at Annapolis, MD on former site of Fort Severn. 1895 - Commissioning of Texas, the first American steel-hulled battleship.
MARAD: $10m in Small Shipyard Grants Awarded
U.S. Transportation Secretary Ray LaHood announced $9.98 million in grants to 13 small shipyards throughout the United States to help modernize facilities, increase productivity…
USS Pennsylvania Departs Drydock
Trident-class ballistic missile submarine USS Pennsylvania (SSBN 735) completed a major step in its 27-month, engineered refueling overhaul (ERO) when it departed…