Five Sailors Rescued from Vessel in Distress
The Global Maritime Distress Safety System (GMDSS) and a signal from an Emergency Position Indicating Radio Beacon (EPIRB) detected by a satellite in low earth orbit…
MacGREGOR Adds to Offshore Portfolio
MacGREGOR’s expansion into the offshore support sector continues with its latest acquisition, Vestnorsk Hydraulikkservice AS (VNH). The company is a service and…
Dredge Contract Awarded
Healy Tibbitts Builders, Inc., Aiea, Hawaii, is being awarded $12,613,064 for firm-fixed price Task Order 0016 under previously awarded indefinite delivery/indefinite…
Hydro Reduces 2007 O&G Targets
Norsk Hydro ASA has reduced its oil and gas production target for 2007 by 3.3 percent, to 585,000 barrels of oil equivalents per day (boed) from 605,000 boed, due…
Investors Take Stake in ePaint
A group of three investors, led by Penn Shade, has recently acquired a majority stake in privately held ePaint Company of Falmouth, MA. ePaint Company was established…
Arctic Patrol Ships to be Ordered
A federal cabinet committee has okayed a plan to build six corvette-sized Arctic patrol vessels, according to a report by The Canadian Press and posted on www.canada.com.
Panama certified to inspect VN ships
Panama’s Isthmus Bureau of Shipping (IBS) has been authorized to inspect and grant certificates for Vietnamese flag-carrying liners operating offshore from Central and South America…
Barbados Offshore Oil Bidding to Start Soon
The first round in offshore oil and gas production contract bidding for Barbados is scheduled to start in late June, according to a report on www.nationnews.com.
Bangladesh: Bidding for Offshore Blocks Soon
The third round of bidding for allocation of the proposed 27 offshore blocks to the international oil and gas companies for hydrocarbon exploration is likely to be held next month…
Ships Collide; 16 Missing
Rescuers searched for 16 missing crew members of a South Korean cargo vessel that sank after colliding with a Chinese freighter in heavy fog in waters off northeast China…
NOL Group 1Q Profits Drop 64%
Neptune Orient Lines (NOL) reported a net profit for the first quarter of 2007 of $43m, down 64% year-on-year. The Group’s Core EBIT (Earnings Before Gross Interest Expense…
USS Carl Vinson Refueling and Overhaul Completed
Vinson (CVN 70) five days ahead of schedule. The carrier is undergoing a refueling and complex overhaul (RCOH) at the company's Newport News sector, the nation's sole designer…
VT Group to Update Progress of Joint Venture
VT plans to combine its shipbuilding business with that of BAE Systems PLC in line with UK government plans to make the industry more efficient and to prevent peaks and troughs in demand…
DHS Grants Port Canaveral $2.8m
Port Canaveral will develop a new port-wide radio communications system, as well as construct the first phase of a new Emergency Operations Center on the Port’s…
PA Gets $8.6m Federal Grant
Governor Edward G. operate them are receiving $8.6 million worth of grants. awarded through the U.S. grant program. state agency. Regional Port Authority. within four months. Philadelphia area.
TOP Tankers Announces Date of 1Q Results Release
Thursday, May 17, before market opening. over the Internet. http://www.investorcalendar.com. Canada) or +1 201 689 8035 (from outside the US and Canada). http://www.toptankers.com…
Clean-up Continues in NC
Packaging foam was removed from nearly ten miles of Outer Banks coastline today as cleanup crews scoured the National Seashores at Cape Lookout and Hatteras Island, N.C.
USS Constitution Commanding Officer Relieved
Vice Adm. Mark Fitzgerald, Director Navy Staff, relieved Cmdr. Thomas C. Graves, Commanding Officer USS Constitution, due to a loss of trust and confidence in his ability to command May 10. Cmdr.
SecDef Announces Flag Officer Nomination
Secretary of Defense Robert M. Navy Vice Adm. Eric T. Olson has been nominated for appointment to the grade of admiral and assignment as commander, U.S. Special Operations Command…
Horizon Enters into OSHA Partnership
Horizon Lines of Puerto Rico, Inc., a subsidiary of Horizon Lines, Inc., participated in a signing ceremony of its Maritime Industry Safety Partnership Agreement…
