GE Shipping to Buy Bulk Carriers
Great Eastern Shipping Company Ltd (GE Shipping) informed the Bombay Stock Exchange that it has contracted to buy two new building Kamsarmax dry bulk carriers, according…
Iran Needs 40 LNG Carriers
National Iranian Tanker Co. (NITC) managing director said the country would produce over 80 million tons of LNG each year, and that 40 LNG carriers would be required…
Aker Yards Lifecycle Services Expands
Aker Yards and Estonian Shiprepair and Conversion group SRC Group OÜ have concluded an agreement combining Aker Yards Lifecycle Services's & SRC Group's strenghts…
CENTA Moves Up in Chicago
CENTA Corporation (www.centa.info) is moving to a new facility in Aurora, IL effective October 15, 2007. The new building features over 23,000 sq. ft. for office…
ASA Announces New Leaders for ‘08
John A. Witte, Jr., Executive Vice President of Donjon Marine Co., Inc. (Hillside, NJ) has been elected President of the American Salvage Association (ASA). Mauricio Garrido…
Ulstein Formalizes Aftermarket Focus
Peter Hjelle, Paul Inge Steinnes and Robert Eksund coordinate service and aftermarket projects at Ulstein Elektro. Ulstein Elektro is formalizing its aftermarket…
Jinse Shipbuilding to Build First Ships Using AVEVA
Jinse Shipbuilding Co., a recent addition to the Korean shipbuilding industry based in Busan, will use AVEVA Marine to build its first ships. Jinse received orders for 32…
Federal Lease Sale Draws Second Highest Bid Totals
The U.S. Department of the Interior’s Minerals Management Service recent central Gulf of Mexico lease sale received 1,428 bids on 723 tracts, attracting $2.9 billion…
Taylor Named to Forbes List
Phyllis Taylor, wife of the late Taylor Energy founder Patrick Taylor, is No. 297 on the Forbe’s Magazine’s list of 400 wealthiest Americans. She is the only Louisiana resident to make the list…
Two Jones Act Tankers Chartered to Petrobras
Overseas Shipholding Group Inc., a global energy transportation services company, has signed a definitive agreement to charter two 46,000 dwt Jones Act tankers to Petrobras America Inc.…
Shell Begins Work In Alaminos Canyon
Shell recently began work in the Alaminos Canyon region of the Gulf of Mexico on the company’s Perdido Regional Development Spar, which is expected to be the deepest…
Stabil Drill Acquires Two LA Firms
Lafayette, La.-based Stabil Drill, a Superior Energy Services Company subsidiary, has acquired to drilling tool firms based in Youngsville, La. Donnie Williams Tool…
PetroQuest Sells Shares
Lafayette, La.-based PetroQuest Energy Inc. sold an additional 195,000 shares of its 6.875 percent Series B preferred stock. The energy producer received about $70.7…
MMS Names New Gulf Director
The federal Mineral Management Service named Lars Herbst the new regional director of the agency’s Gulf of Mexico Outer Continental Shelf Region. Herbst will manage…
Gulf Island CEO Steps Down
Houma, La.-based Gulf Island Fabrication announced its chief financial officer stepped down and was replaced by the company’s controller and chief accounting officer.
Leadership Award for Incat's Clifford
Making the Tasmanian Award for Export Leadership at the 2007 Tasmanian Export Awards at the Launceston Country Club, Tasmania’s Deputy Premier Steve Kons said Clifford…
House Hearing on TWIC
On October 18, the House Committee on Homeland Security will conduct an oversight hearing on the Transportation Worker Identification Credential (TWIC) program. (HK Law)
SFI Operational in U.K., Pakistan and Honduras
Southampton Container Terminals, United Kingdom, Port Qasim, Pakistan (both managed by DP World) and Puerto Cortez, Honduras will become the first seaports to implement…
Maersk Line Increases Rates
Maersk Line will be implementing a general rate increase on the Eastbound Mediterranean trade from the East Coast and Gulf ports of North America to Mediterranean ports.