NYMAR to Sponsor Capital Markets and Port Infrastructure Forum
A forum entitled “New York Maritime Matters: Capital Markets: Today and Tomorrow” will be held on September 20th at the Lincoln Center Campus of Fordham University School of Law.
Port of Philadelphia Conducts Security Exercise
The Transportation Security Administration (TSA) and the U.S. Coast Guard will sponsor a port security exercise in Philadelphia to evaluate preparedness, prevention…
Holly Gets MarAd’s Shipper Award
The Maritime Administration (MarAd) has presented the agency's annual Shipper Recognition Award to an individual instead of a company. This year's recipient, Jack Holly…
Transas Signs S-VDR Contract with DOF ASA
Transas Norway AS has signed a new contract for S-VDR with DOF Management AS of Storebø, Austevoll in Norway. The agreement covering the entire existing fleet of 13 vessels…
Aegean Marine Petroleum Network Inc. Reports 2Q Results
Aegean Marine Petroleum Network Inc. , announced financial and operating results for the second quarter and six months ended June 30, 2007. The company recorded net income of $7m…
Hallin Marine Wins $9.5m in Orders
According to SmallCapsNews.com, Hallin Marine, has signed two new contracts with a combined estimated value of $9.5m. The company has signed a 12-month contract…
Tidewater Declares Quarterly Dividend on Common Stock
Tidewater Inc. announced that its board of directors has declared a quarterly dividend of $.15 per share on Tidewater's approximately 55.8 million shares of common stock outstanding.
A&P Tyne Gets Refit Contract
A&P Tyne Ltd, part of A&P Group Ltd, has been awarded the Royal Fleet Auxiliary (RFA) refit contract on RFA Fort Austin for the UK Ministry of Defense. The contract…
Coast Guard Chooses ECPINS
Offshore Systems Ltd. announced that its sister company, CHI Systems, the U.S. Systems Operations of OSI Geospatial has recently been awarded a contract to provide the U.S.
Ruling Allows Navy to Continue Using Low-Frequency Sonar
By Mass Communication Specialist 1st Class Brandan W. The National Marine Fisheries Services issued a final rule Aug. 16 that allows the Navy to continue operating…
Patrol Vessel Bound for Falklands
The BBC reported that the Royal Navy's newest warship has set off on an 8,000-mile journey to the South Atlantic to patrol the Falkland Islands. HMS Clyde will stop…
ABG Shipyard Delivers Two Vessels
ABG Shipyard Ltd has announced that the company has delivered two vessels. The 173 ft. long, 90 Ton Bollard Pull Azimuth Drive Propulsion AHTS is able to carry out Anchor handling Towing Rescue…
Hurricane Dean Knocks Ships Off Course
Reports indicate that at least a dozen ships originally scheduled to sail in the Western Caribbean have switched course and are heading eastward to avoid Hurricane Dean.
Abu Dhabi Shipbuilding Plans Commercial Yard
Abu Dhabi Ship Building Co, may set up a new shipyard for commercial vessels to tap demand from the region’s booming offshore oil and gas industry, an official said.
Helix Wins Pipelay Contract
Helix Energy Solutions announced that it has been awarded a contract by BP Norge for the lay of a gas export pipeline for the Skarv Idun development project, in the Norwegian Sea.
ADB to Help Fund Petronet Expansion
According to reports, Asian Development Bank has signed an agreement to offer $169 million in local currency debt to India's Petronet LNG Ltd. to help fund its expansion.
DHS Releases Guidance on Grant Programs
The U.S. Department of Homeland Security has released application kits and supplemental grant guidance for three grant programs for 2007. The three programs include the Port Security Grant Program…
Devon Plans Offshore Drilling
According to reports, Devon Energy Corporation and its partners are planning to invest at least $775m in exploration off the coast of Brazil. The company says Brazil…
Offshore Rigs Evacuated
According to reports, U.S. and Mexican oil and natural gas producers evacuated some offshore Gulf of Mexico platforms and rigs, curtailing output as Hurricane Dean…
Star Cruises Unit Sells $1b Stake to Apollo
Star Cruises Ltd unit NCL Corporation Ltd (NCL) is selling a 50 percent stake to a global private equity group, Apollo Management LP, for $1b. Star Cruises said…
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