New Orders for SBM Offshore
A Letter of Intent was signed on April 26, 2006 by Chevron Frade LLC, a subsidiary of Chevron, and Single Buoy Moorings Inc under which the parties undertake to execute a lump sum Engineeringā¦
GAO ā USCG Deepwater Program
The Government Accountability Office (GAO) issued a Report concerning the Coast Guard's Deepwater Program to improve its offshore vessels and aircraft and related assets.
Ballast Water Treatment Technology
The U.S. Coast Guard is seeking information regarding the status of research and development of ballast water management systems and analytical technologies andā¦
Oil Spill Containment Demonstration Supports Gulf Cooperation, Readiness
Two U.S. Navy ships, along with Bahraini Coast Guard emergency management teams, participated in a proof-of-concept demonstration April 29 off the port of Mina Salman.
Oriskany to be Largest Ship Reefed
The decommissioned aircraft carrier ex-Oriskany (CV/CVA 34) will become the largest ship intentionally sunk as an artificial reef in mid-May. The 888-foot ship willā¦
Deleware Bay Oil Spill Update
The Unified Command continues to oversee the recovery and clean-up operations of oil spilled in the upper Delaware Bay last Tuesday. Over the weekend, shorelineā¦
Wärtsilä Automation Norway and Emerson Process Management to Form Alliance
Wärtsilä's subsidiary Wärtsilä Automation Norway and Emerson Process Management, a business of the US company Emerson have decided to form an alliance to provideā¦
State Unveils Future for Ferries
Washington State Ferries officials presented their idea of what the future holds for the Kingston ferry terminal. Ridership on the Kingston-Edmonds route is expectedā¦
Port Security Raises Cost Concerns
While acknowledging concerns to the daunting problem of guarding America's ports, the government is pursuing new technology to protect the nation. But some businessā¦
Aviva Sells RAC Fleet Businesses
Aviva sold its RAC fleet businesses in a deal worth $159.3m. The deal involves a fleet of 27,000 vehicles, which have been bought by shipbuilding and support service group VTā¦
TOPAZ Explores Investment in Azerbaijan
A Topaz delegation consisting of Board Directors and Senior Management were in Azerbaijan in the Caspian region to hold discussions with State Oil Company Azerbaijan Republic (SOCAR).
Natural Gas Economy Declining
On the brink of the 21st century, a group of energy experts peered into the future of natural gas, and what they saw was quite promising. To satisfy growing demandā¦
MISC Sees Record Freight Rates
Business Lines report that MISC Bhd has experienced its best performance over the past 20 years in the chemical shipping market. Freight rates for shipping chemicalsā¦
CNOOC Signs Deals in Kenya Exploration
CNOOC Ltd. has signed production-sharing contracts for six blocks in Kenya, marking the company's first exploration foray into East Africa. The agreement was signed by CNOOC Africa Ltdā¦
Remarks of FMC Chairman on Liner Shipping Outlook
The US Federal Maritime Commission (FMC) released the speech delivered by Chairman Steven R. Blust regarding the liner shipping market and regulatory change. Heā¦
Delaware Bay Oil Spill Update
The owners/managers of the Bermuda Islander, a Netherlands registered 340-foot container vessel, have activated The OāBrienās Group, a spill management consultantā¦
DHS Release Maritime Infrastructure Recovery Plan
The US Department of Homeland Security released the 63-page Maritime Infrastructure Recovery Plan. The plan provides a standardized procedure for restoration ofā¦
Two New Reefer Vessels for Eimskip
Eimskip has entered into shipbuilding contracts for the construction of two reefer vessels. The investment is supporting the company strategy to be a supplier ofā¦
Admiral Clark to Join Rolls-Royce
Rolls-Royce welcomed Admiral Vern Clark, U.S. Navy (Ret.) to the Board of Rolls-Royce North America Holdings Inc. Admiral Clark joins the Board after 37 years of distinguished service with the U.S.
Kongsberg Norcontrol IT to Deliver VTMIS
Kongsberg Norcontrol IT will deliver a new VTMIS (Vessel Traffic Management and Information System) with Traffic Separation Schemes for the Canary Islands to Sociedadā¦