Ultra-Deepwater Drillship Order for Korean Yard
QGOG Constellation S.A. exercise a Samsung Heavy Indurstries contract option for an advanced capability DP3 drillship. This will be the third drillship ordered from…
NNS Employee Named Outstanding Apprentice 2012
Newport News Shipbuilding employee Greg Hoefflin has been named an Outstanding Apprentice for 2012 by the Virginia Apprenticeship Council. Hoefflin, a 2012 graduate of The Apprentice School at NNS, is the ninth Apprentice School graduate to receive the honor since it was first awarded in 1998. The Virginia Apprenticeship Council, in association with the Virginia Department of Labor and Industry, sponsors…
Survey Finds Wind Farms Yield Poor Investment
On the basis of an exhaustive industry survey, Wind Energy Update finds that wind farm return on investment is around - 21 percent. According to the survey, this…
Boskalis Conclude Good Quarter, Raise Earnings Outlook
Dutch dredging & marine specialists, Royal Boskalis Westminster N.V. (Boskalis) report revenue & profit higher than in the first half of 2012. The order book increased…
BP Resolves US Government Deepwater Horizon Claims
BP announces resolution of all criminal and securities claims against the company relating to Deepwater Horizon accident. BP has reached agreement with the United States government, subject to court approval, to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company stemming from the Deepwater Horizon accident, oil spill, and response.
North America Leads Shift in Global Energy Balance
North America is at the forefront of a game-changing transformation in oil and gas production claims International Energy Agency publication. This year’s World Energy…
Greece's Safe Bulkers Weather Challenging Financial Conditions
Bulk carrier owners & charterers Safe Bulkers, Inc. reports results for the third quarter and the first nine months of 2012, pays reduced dividend. Net revenue…
Dubai's Thuraya Gets Media & Broadcast Certifications
Thuraya Telecommunications Company announce certification of a range of MediaComms Solutions for its IP terminal. At the heart of Thuraya MediaComms is Thuraya IP…
KOTUG Appoint Harrold van der Meer COO
Harrold van der Meer has joined the KOTUG group and will succeed Dorus Knegtel, the current COO & Vice President Business Development. Harrold van der Meer has a maritime background and more than 20 years experience in technical and operational management within the P&O Nedlloyd / Maersk Group. Thereafter he joined the heavy transport company Fairstar, as Fleet Manager. His specific assignment as COO…
Two Cruise Lines Sign Up to Sail Out of Port of Houston
The Port of Houston Authority partners with two cruise lines, PrincessCruises & Norwegian Cruise Lines, to use Bayport Cruise Terminal. Princess Cruises will make passenger cruise calls during the 2013-2014 cruise season, while Norwegian Cruise Lines has committed to begin service in 2014. The Port Commission authorized entering into agreements with both lines after meeting in executive session. The Port Authority's agreement with the lines is significant.
TBS Appoint Gregg McNelis Permanent CEO
TBS Shipping Board of Directors appoint the Company’s co-founder & Chief Operating Officer, Gregg McNelis, to Chief Executive Officer & President. TBS Shipping Limited…
US Ship Structure Committee Funding Research Projects
The Ship Structure Committee (SSC) is re-soliciting research project recommendations for fiscal year 2013-2014. The strategic goal of the SSC, which is composed…
Big Ships Can Lose Big Money on Pumps
A project by pump maufacturer Grundfos aboard a Lauritzen Bulkers cargo ship shows that large vessels could be losing money on wasted energy. The project, carried out on the 19,889-ton Durban Bulker, focused on efficiency in ships pumps. The Durban Bulker project focused on the energy used in cooling off the ships engines. The ship uses pumped seawater to cool its engines, but the previous system did not take into account the temperature of the water.
New Evergreen Container Ship Christened 'Ever Lawful'
The seventh L-type containership for Evergreen Line, launched and named at Korea's Samsung Heavy Industries shipyard. The new ship was christened by S.S. Lin, the Evergreen Group's First Vice Group Chairman, and the ceremonial rope cutting for the new 8,452-TEU vessel was performed by Mrs. Lai Chao-Yin, wife of Mr. Shiu Kuang-Si, the president of Mega International Commercial Bank, in a ceremony attended by dignitaries from Taiwan and abroad.
Signet Maritime Promotes Captain Cliff Porter
Signet Maritime Corporation, vessel services & logistics providers, promote 31-year veteran as General Manager, Traffic & Business Development. Previously Senior Manager of Traffic and Business Development for Signet’s Pascagoula Division, Porter will assume the responsibilities for vessel utilization, job direction and business revenue maximization for all seagoing fleet vessels in the Brownsville, Ingleside and Pascagoula divisions.
WISTA UAE Group DP World Event
WISTA (Women’s International Shipping & Trading Association) UAE Chapter announce forthcoming meeting, port tour. WISTA is an international organisation for women…
Conrad Profits Up in Q3 2012
US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog. For the quarter ended September 30…
Markey Deck Machinery on Canadian Ice Class Tugs
Markey Equipment Selected For New Canadian Super Ice Class Tugs. Markey Machinery is pleased to announce that it has been awarded the order for a complete suite of deck machinery for the most powerful Harbor Class Tugs ever to be built in Canada. The tugs will be operated by Group Ocean of Quebec, Canada for harbor operations, ship escort services, short and long distance towing, as well as rescue operations and wreck removals.
USDOJ: BP Guilty in Deepwater Horizon Case
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident…
Crowley Mariners Recieve Heroism Award
Crew of Crowley-Managed Ocean Titan Awarded for Heroism at Sea with 2012 AOTOS Mariners’ Plaque. Officers and crewmembers of the Crowley Maritime Corp.-managed M/V Ocean Titan were recently honored with a 2012 Admiral of the Ocean Sea (AOTOS) Mariners’ Plaque for demonstrating heroism at sea during the United Seamen’s Service’s (USS) annual AOTOS awards ceremony in New York. The mariners were recognized for their December 2011 rescue of the seven-member crew of the M/V Florece…