Container Terminal Selling Off Assests
PrimePort Timaru chief executive Jeremy Boys told 'The Timaru Herald' following the decision by Maersk and Hamburg Sud to cease their service to the region's port in September…
Solstad Offshore Buy Two AHTS
Solstad Offshore (SOFF) takes over the ownership of the AHTS vessels Nor Spring & 'Nor Captain' The two vessels had previously been on bareboat charter to SOFF from Java Marine Lines for nearly 5 years and SOFF has now used its options to purchase the vessels. The cost price is 100% financed by a loan of US$ 38-million.

 Nor Captain is currently operating in the spot marked in South-east Asia, while Nor Spring is chartered to Bibbiy Offshore on a 3-year bareboat contract.
AIS Vessel-tracking by Smartphone
PortVision vessel-tracking service, terminal and fleet management dashboards, & other capabilities is now available in platform optimized for iPhone, Android, and BlackBerry devices.
Chevron Interim Financial Update for Q2 2012
Upstream results are projected to be lower between sequential quarters, due to lower average crude oil prices, partially offset by foreign exchange gains. Downstream…
World's Largest Spar Hull Order for Technip
The Aasta Hansteen Spar will be the first Spar in Norwegian waters, the first Spar concept chosen by Statoil and the largest ever built with a total hull length of 195 meters. (A 'spar' is a cylindrical, partially submerged offshore drilling and production platform that is particularly well adapted to deepwater). Aasta Hansteen (previously named Luva) field development, offshore Norway, in approximately 1…
US Intermodal Container Leasing Market Report
The Intermodal Container Leasing industry is heavily dependent on large-scale domestic and international trade levels. Thus, as consumer spending fell during the…
'Seasteading' Movement Third Conference
The Seasteading Institute, a nonprofit dedicated to enabling the establishment of permanent communities on the ocean, recently held its third conference, at San Francisco’s Le Méridien Hotel. The Seasteading Institute has been the focal point of the seasteading movement, which aims to utilize the high seas to spur innovation within the government industry. Seasteading enthusiasts believe humanity would benefit from a new place to experiment with new societies…
Wind, Wave Energy-producing Technology on MREC Test
The UMass Dartmouth-based New England Marine Renewable Energy Center (MREC), and local and regional leaders, will mark the send-off of the barge as part of an…
GNSS Provider Positioneering Makes Key Appointments
Positioneering is a new global full-service precise positioning service company that is now approaching completion of a three-year multi-million pound development…
UK's SRO Software Helps in Timely Delivery of Australia FPSO
Working on a project to develop oilfields in the southern Timor Sea PTTEP built a new floating production, storage and offloading (FPSO) vessel. The FPSO is a sophisticated…
Liebherr Family Business Reports Continued 2011 Growth
The Liebherr family business was established in 1949 by Hans Liebherr. The great success of his first mobile, easy-to-assemble and affordable tower crane was the foundation on which the company flourished. International economic development in 2011 was rather more moderate than in the previous year. Total production worldwide went up by 3.8 %. In this second year following the financial and economic crisis, the significant growth stimuli once again came from the emerging markets.
Port Everglades Appoints Director of Business Development
Michael was formerly with the Port of Long Beach, CA, the nation'Â’s second busiest container cargo seaport, making him a good choice to lead the Business Development Division for Broward CountyÂ’'s Port Everglades Department. The Port Everglades Business Development Division is responsible for developing marketing and sales strategies to draw additional cruise business and containerized, dry and break bulk cargo volumes to Port Everglades.
Great Lakes Carrier Ranked 5th of Global Maritime Companies
The annual Marine Money Rankings, which are designed to measure companies' ability to improve operating efficiency and to create shareholder value, are based on…
China's First LNG-powered Tugs to Have Wärtsilä Engines
The tugs are being built for CNOOC Energy Technology & Services Limited (CETS), a subsidiary of the state-owned China National Offshore Oil Corp. (CNOOC). The vessels are the first in a planned series to be fuelled by liquefied natural gas (LNG), and will be the first tugs in China ever to be operated on gas, they will also be the first tugs globally to take advantage of the dual-fuel benefits offered by the Wärtsilä DF engine technology.
Hyde Marine Names Scanunit Ab as the Exclusive Agent for Sales Of Hyde
Calgon Carbon Corporation (NYSE: CCC) announced today that its wholly owned subsidiary, Hyde Marine, Inc., has named Scanunit Ab as the exclusive sales agent in…
Eagle Bulk Shipping Announces CFO Transition
Eagle Bulk Shipping Inc. (Nasdaq:EGLE) has announced that Adir Katzav, formerly Director of Financial Reporting, has been promoted to Chief Financial Officer. Mr. Katzav succeeds Mr. Alan S.
Keppel FELS Brasil Secures US$200 million Contract
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured a contract worth approximately US$200 million from MODEC and Toyo…
ISS: Brazil Port Investment to Drive Cruise Ship Growth
Following a $68 million government investment in Brazilian ports, Inchcape Shipping Services is forecasting significant growth in cruise ship port calls to the region.
Shell Hits Snags in Alaska Drilling
While much attention justifiably has been paid to the expansion of offshore energy operations in the Arctic, according to a Reuters report one of the pioneers, Shell, has hit a few snags in its long-anticipated exploration drilling in the Chukchi and Beaufort Seas. According to the news agency, heavier than expected ice in Arctic waters off Alaska will likely delay until August it exploration drilling…
Western Australia DOT Turns to BMT
Western Australia’s Department of Transport turns to BMT for project management support. BMT JFA Consultants, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced that it has secured a three year contract with Western Australia’s Department of Transport (DoT). Providing a range of project management services, the contract…
