Image of the Captive MV Faina Crew
The crew of the merchant vessel MV Faina stand on the deck of the ship after a U.S. Navy request to check on their health and welfare. The Belize-flagged cargo ship, owned and operated by , was seized by pirates Sept. 25 and forced to proceed to anchorage off the Somali coast. The ship is carrying a cargo of Ukrainian T-72 tanks and related military equipment. U.S. Navy photo by Mass communication Specialist 2nd Class Jason R. Zalasky. (Source: Navy News Service)
NAVFAC Awards Contract - Oil Platform Modifications
On Sept. 30, Naval Facilities Engineering Command Europe and Southwest Asia (NAVFAC EURSWA) awarded an $11.5 million contract modification for the Al Basrah (ABOT)…
This Day in Naval History - Oct 21
1797 - Launching of USS Constitution at the Navy Yard, . The ship is now the oldest commissioned ship in the U.S. Navy. 1942 - British submarine lands CAPT Jerauld Wright…
Star Bulk Updates Employment Status of Star Beta
Under the related time charter agreement, ICI was obligated to pay Star Bulk a gross daily charter hire rate of $106,500 until February 2010. In turn, ICI sub-chartered…
AMEC/SeaMetric expand into Offshore Decommissioning
AMEC and SeaMetric will cooperate to support each other with their respective skills and experience on existing and new projects. For example, AMEC will provide…
New Vessel to Gulf Energy Maritime
With the delivery of the $56M Gulf Baynunah, GEM has increased its current fleet to 11.
AVEVA Trading Update
Overall the Group's interim results for the six months ended Sept 30, 2008 are expected to show strong growth over the same prior year period. The Group continues…
Solstice Returns to Dry Dock in Hamburg
Although adjustments are needed, the sea trials were an overall success, and the ship remains on schedule for its October 24 delivery date. Minor problems were reported…
O&G Services Stocks Downgraded
(Source: AP)
Indonesian Awards 22 New Oil/Gas Blocks
(Source: Dow Jones & Company, Inc.)
Global Industries’ CEO Steps Down
The company also announced that they expect to report a third quarter 2008 net loss of approximately 45 cents to 50 cents per diluted share. The Company continued…
188-Car Ferry Walla Walla Returns to Service
The 188-car returned to service on the Edmonds/Kingston ferry route on Oct. 17. The joined the 188-car , returning the route to its usual vehicle capacity. The 144-car Hyak has been on the route since Oct. 7 while the was out for necessary repairs. The ’s return will free the Hyak to return to the Seattle/Bremerton route, so the 144-car Kaleetan can go into WSDOT’s Eagle Harbor Maintenance Facility for its required annual inspection.
Cuba Claims Massive Oil Reserves
Bahrain Offshore Exploration - Oxy’s Strategy
Exploration of the offshore blocks in Bahrain are part of Occidental Oil & Gas's (Oxy) goal of expanding its position in the Middle East and North Africa, according…
Inland Waterways Users Board – Meeting
The Inland Waterways Users Board, sponsored by the US Army Corps of Engineers, will meet in on November 18. (Source: Holland & Knight)
Jacksonville – Expansion of Foreign Trade Zone
The Foreign Trade Zones Board of the Department of Commerce issued a notice stating that the application of the Jacksonville Port Authority to expand its foreign trade zone has been approved.
TWIC Applicants with Rejected Fingerprints
The US Coast Guard issued policy guidance relating to applicants for a Transportation Worker Identification Credential (TWIC) whose fingerprints have been rejected by the FBI.
President Bush Signs H.R. 6531
Singapore’s New Standards in Bunkering
SPRING and the Maritime and Port Authority of Singapore launch the first standard in the world for both bunker suppliers and surveyors. SPRING Singapore and the…
Singapore’s New Standards in Bunkering
SPRING and the Maritime and Port Authority of Singapore launch the first standard in the world for both bunker suppliers and surveyors. SPRING Singapore and the…