People & Company News

Matson Declares Q2 2014 Dividend

Leading US carriers in the Pacific, Matson, Inc., apprises it has declared a second quarter 2014 dividend of $0.16 per common share. "Today's authorization continues

Cold War Revival? British Military on Guard

UK's Ministry of Defence says that warship HMS Dragon & an RAF Typhoon aircraft have been in contact with their Russian counterparts this week, as follows: The

Oceanteam Financial Transformation Aids 2013 Business

Diversified offshore shipping company Oceanteam's CEO, Haico Halbesma, writes in the Annual Report 2013 that it was a year of consolidation and operational focus for Oceanteam Shipping ASA.

Intermoor Expands Asia-Pacific Facilities

InterMoor (an Acteon company), apprises it has enhanced its customer support substantially by adding to its stock of mooring equipment in Asia Pacific with the

Australian Warship Bags Record Heroin Haul

On the eve of Anzac Day commemorations, Royal Australian Navy (RAN) frigate 'HMAS Darwin' seized and destroyed more than one tonne of heroin. The record 1032

Maguire Joins W.S. Darley Directors Board

W.S. Darley & Co. announced the addition of Vice Admiral Joe Maguire to the Board of Directors. Maguire was a career Naval Special Warfare Officer (SEAL) and

New Victor Technologies Training Site

Victor Technologies training site provides access to full range of training resources without login Victor Technologies has launched a new training site that

Diamond Offshore Shares on the Rise

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices,

Italian Pleads Guilty to Marine-hose Price-fixing in US

A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for marine hose and was sentenced to two years in prison, the U.S. Justice Department said on Thursday.

Ecochlor Raises $10m for BWT Maket

Ecochlor, Inc. announced that it has completed a $10 million equity financing to support its growth into the burgeoning ballast water treatment market. Since its formation in 2001,

SCAA Supports International Oil Spill Conference

As the Voice of Spill Response Professionals, the Spill Control Association of America (SCAA) is supporting and assisting with the planning and coordination of IOSC 2014 on May 5-8 in Savannah, Ga.

Damen Opens JV Yard in Vietnam

On March 20, 2014, Vietnamese Minister of Transport Nguyen Hong Truong, cut the ribbon for the latest addition to Damen Shipyard Group’s portfolio. Damen Song Cam is a new yard,

Rolls-Royce Wins Heyerdahl Award

Rolls-Royce has been awarded the maritime Heyerdahl Award 2014. The award was presented by His Majesty King Harald at the Norwegian Shipowners’ Associations Annual Conference in Oslo March 31.

Meridian Adds Two Saab Seaeye ROVs

Meridian Ocean Services has added two Saab Seaeye Lynx ROVs to its Falcon fleet to undertake a wider range of deeper inspection tasks at short notice. The company

Saipem CEO: Russia "Extremely Determined" on South Stream

Russia is very keen to press ahead with construction of the South Stream pipeline that will carry Russian gas to Europe avoiding Ukraine, the CEO of Italian oil service group Saipem said on Thursday.

MacArtney Swivel Solution for Scotrenewables Tidal Turbine

MacArtney has been selected to supply a custom designed Moog Focal swivel solution for a next generation tidal turbine developed by Orkney based tidal energy pioneer,

HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company,

Prysmian Contracted for Ireland Underwater Power Link

Prysmian Group, a company in the energy and telecom cable systems industry, has been awarded a new contract worth in total approximately €40 million by ESB (Ireland),

Puma Energy to Build Terminals, Boost Oil Sales in Asia

Puma Energy, partly-owned by Trafigura, expects to get a quarter of its revenue from the Asia-Pacific region in the next few years by building new oil import terminals and raising fuel sales volumes,

Judicial Proceedings Halted Against AdvanFort Charges

Prosecution for the charges of trespassing and firearms possession against AdvanFort stopped until quash petition hearing. The Madras High Court started hearing

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