Tankship, Bulkship Owner's, Shares Below Par
Greece's NewLead Holdings Ltd. receives NASDAQ notification letter regarding minimum bid price requirement. NewLead Holdings Ltd announce they have received a written…
Port 'Failure to Act' Study Released by ASCE
American Society of Civil Engineers' (ASCE) quantifies infrastructure needs in airports, marine ports & inland waterway sectors. Aging infrastructure for marine ports, inland waterways, and airports threatens more than 1 million U.S. jobs according to a new Failure to Act report from the American Society of Civil Engineers (ASCE). Between now and 2020, investment needs in the nation’s marine ports and inland waterways sector total $30 billion…
'Accident Zero' VTS Campaign Launched by IMO
IMO Secretary-General launches initiative with International Association of Marine Aids to Navigation & Lighthouse Authorities (IALA). IMO Secretary-General Koji Sekimizu…
World's Highest Value Subsea Wellhead Contract Signed
GE Oil & Gas signs record contract of nearly US$1.1-billion with Brazilian energy company Petrobras. The contract, announced at the 2012 Rio Oil & Gas being held September 17-20 in Rio de Janeiro…
USA's Ingram Barge Appoints Coal Division Sales Leader
Joe Johnson has been promoted to Assistant Vice President, Coal, in the Ingram Barge Company of Nashville, Tennessee. Joe Johnson already is serving in this newly created position, and the Ingram sales team now reports to him, with respect to their coal accounts. He joined Ingram in 2002 and has handled the majority of the company’s utility and export coal customer base. Prior to joining Ingram, he gained over 20 years of experience in the coal industry. The new Asst.
US Shipbuilder's Helping Hand to School Students
HII's Newport News Shipbuilding (NNS) division donates more than 20,000 school supplies to assist about 1,000 area students. "HII stresses the importance of education and encourages our employees to get involved in their communities," said Chavis Harris, NNS' director, EEO, diversity and corporate citizenship. "School Tools allows us to engage in both. Shipbuilders donated a variety of school supplies, including 6,258 pencils, 4,386 ball point pens and 911 packs of paper.
China Shipbuilder Delivers Handymax Bulker
COSCO Corporation (Singapore) announce subsidiary COSCO (Zhoushan) Shipyard has delivered a bulk carrier. Asian Triumph, a 57,000 dwt dry bulk carrier of 189.99 meters LOA…
Offshore Drilling: Transocean Reports Huge Contracts Backlog
Transocean Ltd. issues fleet update summary, new & changed contracts, OofS times, etc. Total backlog associated with new contracts or extensions since the August 15, 2012 fleet update summary is approximately $1.7 billion. Estimated out of service time for 2012 increased by a net 36 days, primarily due to unexpected repairs on a Harsh Environment semisubmersible. The increase in 2013 estimated out…
Cummins Names Leadership for Key Segments
Cummins Inc. (NYSE: CMI), a manufacturer of diesel engines for the commercial marine industry, has reorganized it Commercial Marine Business around five customer-focused market segments: commercial transport; offshore oil and gas; passenger transport; government / defense; and special use (fishing). In line with this reorganization, the company has named Greg Young Director of Strategic Growth – Commercial Transport and Waldemar Marchetti Director of Strategic Growth – Offshore.
PMFG Win $13.7M Navy Contract
PMFG, Inc. (Parent of Peerless Mfg. Co.) Notice of Award Valued at $13.7 Million to Supply Air Moisture Separation and Filtration Systems to U.S. PMFG, Inc. (Nasdaq…
BP Award STATS Group Global Role
STATS Group has been awarded a global frame agreement by BP to provide pipeline isolation and intervention services. The Aberdeen-based pipeline engineering specialist has worked with BP in the past but this three year agreement formalises the relationship covering all BP’s regional business units. STATS has committed to developing industry best practice by working with BP and three other contracting parties to develop and promote industry standards.
Portuguese Ports Hit by Strike Action
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, is warning of a series of strikes at all Portuguese ports during the remainder…
Tata Steel’s New OPC Reduces Renewable Energy Costs
Tata Steel today inaugurated its new £2 million offshore processing centre (OPC) at an event in Hartlepool attended by more than 40 leading business figures from the European renewable energy sector. Following a presentation at Hartlepool College of Further Education, guests were shown round the company’s new centre, a high-productivity processing facility that will produce welded tubular assemblies to be used in the fabrication of jacket foundations for offshore wind turbines.
Marcon to Market High-Speed SWATH Catamaran
Marcon International, Inc. of Coupeville, Washington is pleased to announce that they have been selected by the Matanuska-Susitna Borough in Alaska to market the SWATH (Small Waterplane Area Twin Hull) Expeditionary Craft ferry “Susitna” for sale. The “Susitna” was developed by Guido Perla & Associates of Seattle, Washington from a concept created by Lockheed Martin. The vessel is designed to operate as a ferry in the difficult Alaskan waters of Cook Inlet while being assessed by the U.S.
World’s Largest Testing Vessel Unveiled
A global manufacturer of polymer and syntactic foam-based solutions for the offshore oil and gas industry, Trelleborg officially opened its newly constructed facility in Macaé, Brazil, on 13th September 2012. To support offshore customers in their quest to reach greater subsea depths, the new facility boasts the largest hydrostatic pressure testing vessel in the world. Trelleborg’s President for Offshore and Construction…
GL Garrad Hassan at Husum WindEnergy 2012
GL Garrad Hassan report examines offshore wind potential in Baltic Sea Region. The Baltic Sea has great offshore wind potential. The development of offshore wind…
U.S. Navy Awards General Dynamics $94 Million
U.S. Navy Awards General Dynamics $94 Million to Plan USS Miami Fire Restoration. The U.S Navy has awarded General Dynamics Electric Boat a $94 million contract…
HII to Modernize Navy (CG 47) Cruisers
Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has been awarded an $83.3 million cost-plus-award-fee contract from the U.S.
Greene's Energy Group Names New Manager
Greene's Energy Group Names Boutwell Manager, Technology and Business Development -Rental & Products. Greene’s Energy Group (GEG), a provider of integrated testing, rentals and specialty services, has named Doyle Boutwell as Manager, Technology and Business Development – Rental & Products, announced Frank Mathews, President – Rental & Products. Based in Houston, Boutwell will be responsible for the management of strategic and ongoing product development…
Phoenix International Selects Sonardyne for Amelia Earhart Search
Following the discovery of a potential debris field at Amelia Earhart’s proposed crash site offshore Nikumaroro Island in the Western Pacific, Sonardyne International Ltd is now able to reveal that it’s Ranger 2 USBL tracking system together with a Lodestar GyroUSBL was the acoustic positioning technology of choice for the mission. Provided to Phoenix International, the expedition contractor, Ranger…
