Maritime Industry Top News
DP World to Price US$1-Bln Convertible Bond Issue
Dubai's DP World plans to raise $1 billion with a convertible bond issue of 10 years duration on Thursday to fund growth opportunities and diversify its funding sourcesā¦
Caribbean Cruises Inks Long Term Support Deal
Wärtsilä has signed a ten-year maintenance and technical support agreement with Royal Caribbean Cruises Ltd (RCL), which includes a sub-contract with ABB Turbochargingā¦
Defence Contracts Boost UK Military Boat Support Industry
The UK Government's Ministry of Defence (MOD) informs it has awarded millions of pounds worth of new contracts to maintain its 1,450 strong fleet of small boats.
3rd Annual Conference on Salvage & Wreck Removal
The 3rd Annual Conference on Salvage and Wreck Removal in India is to be held on Thursday, July 10, 2014 for the first time in Chennai at the Hotel Vivanta by Taj - Connemaraā¦
Melting Sea Ice Opens Arctic Passages for Invasive Species
For the first time in roughly 2 million years, melting Arctic sea ice is connecting the north Pacific and north Atlantic oceans. The newly opened passages leaveā¦
FSG Delivers 'Swiss Army Knife' Cargo Carrier
Flensburger Schiffbau-Gesellschaft (FSG) says it has delivered a second multi-purpose cargo ship, named 'Rolldock Storm' to Dutch shipping firm RollDock BV. The two versatile new shipsā¦
All Ports In India Alerted On Cyclonic Storm 'Nanauk'
All ports in India have been alerted about the deep depression over east central Arabian Sea has moved slowly westwards, intensified into a cyclonic storm 'NANAUK'ā¦
Rosneft Recognized Leader In Contribution To Environmental Protection
Rosneft won international public award The Tree of Ecology in the category of āCompany leader in contribution to environmental protection measuresā during the celebration of world environment dayā¦
Nordic American Offshore Prices IPO
Nordic American Offshore Ltd. says it has priced its initial public offering of 5,882,352 common shares at $16.00 per share. The Company adds that it has grantedā¦
Port of Los Angeles Executive Director Seroka Confirmed in Post
The Los Angeles City Council apprises that it has unanimously confirmed veteran shipping industry leader Gene Seroka as the new Executive Director of the Port of Los Angeles.
Leighton Chairman retires, Executive Chairman & 2 Directors appointed
Leighton Holdings Chairman, Mr Bob Humphris OAM, has announced his retirement as Chairman and his resignation as a Non-executive Director effective as of today.
75% of Boskalis Shareholders Elects Stock Dividend
Royal Boskalis Westminster N.V. (Boskalis) announces that 75.12 percent of the shareholders have elected a stock dividend distributed in the form of ordinary shares.
Enterprise To Build Ethane Export Terminal On Houston Channel
Enterprise Products Partners will build an ethane export facility on the Houston Ship Channel, signing a long-term agreement with the Port of Houston Authority forā¦
Texas LNG Gets Approval To Export LNG To FTA countries
Texas LNG LLC today announced that it has received authorization from the U.S. Department of Energy (DOE) to export domestically produced LNG to all existing, and any futureā¦
USCG Rescues 5 From Platform In Gulf Of Mexico
Five men were rescued Monday from an unmanned platform about 40 miles southeast of the Texas/Louisiana border, after their fishing boat began taking on water. Theā¦
Sanmar Delivers New RAscal 1500 Line Handling Tug
The Brage, the first RAscal 1500 class tug designed by Robert Allan Ltd. has been delivered to its owners Buksér og Berging AS (BB) of Norway. Built in Turkey by Sanmar A.S.
Enivrude Signs With KingFisher
BRP has signed an agreement to provide Renaissance Marine Groupsā KingFisher Boats with Evinrude outboard engines. The welded heavy-gauge aluminum boats, manufacturedā¦
Remote Monitoring From Finning Provides Time Savings
Solent Towage Ltd (STL), the UK arm of Norwegian marine services company, Ostensjo Rederi AS, has saved over 60-man hours since December 2013 by installing gplink, the remote monitoring and tracking solution from Finning Power Systems (Finning) for Cat® engines. The company, which operates a fleet of seven tugboats off the UKās south coast, two of which use Cat engines, became the first commercial Finning customer in the UK to use gplink.
Northrop Grumman, US Navy Conduct Successful Simultaneous Tests
Northrop Grumman Corporation (NYSE: NOC) and the U.S. Navy successfully flew the unmanned MQ-8B Fire Scout simultaneously with the MH-60R Sea Hawk helicopter for the first time. The capability demonstrates how a mix of aircraft can increase a ship commander's intelligence-gathering capabilities aboard the Littoral Combat Ship. The flight tests took place May 12, aboard the USS Freedom (LCS 1) off the coast of San Diego.
CTruk Names Latest Vessel at Seawork
The latest offshore wind support vessel to leave the CTruk production line in Essex made straight for Southampton and is currently on show at berth V25 at annual commercial marine exhibition and forum, Seawork. Ocean Warrior, a brand new 18.5m advanced composite twin-hull CTruk 20T MPC was officially named during an informal ceremony at the event yesterday. Ocean Warrior is the second CTruk 20T MPC for owner Scott Wharton of Ocean Transit Services.
