BMT Reports Strong Full Year Performance
BMT Group Ltd (BMT), the international design, engineering and risk management consultancy, has announced another strong financial performance for the year to September 30, 2012. By focusing on markets where it can deliver high-value customer solutions, revenues from BMT’s continuing businesses rose 22% to £156m and underlying operating profits increased to £13.7m, a proportion of which has been distributed to the staff through the company’s profit share schemes.
Moore Stephens to Share Marketing Expertise In Gibraltar
Moore Stephens Isle of Man, providers of multi-sector accountancy, consultancy and wealth management services has been invited to speak at the Gibraltar Superyacht Forum 2013 on Thursday, June 6.
Kongsberg Contracted for Four Drillships and Six Options
Kongsberg was awarded an offshore integrated monitoring and control system contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned newbuild drillships, with an option for Kongsberg to deliver products and services for six more drillships. "We call this a 'full picture' solution, as it includes dynamic positioning, position reference systems…
New Evergreen Service Link China, Australia and Taiwan
Evergreen Line, Pacific International Lines, Sinotrans and Yang Ming have announced cooperation in the China, Taiwan, and Australia trade commencing from Ningbo on June 7, 2013.
IMO MEPC Implements Further Energy Efficiency
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from May 13-17 2013, at IMO Headquarters in London. The committee made significant progress in its work on further developing energy-efficiency regulations; adopted an MEPC resolution on rromotion of technical cooperation and transfer of technology relating to the improvement of energy efficiency of ships…
Seaward Provides Bridge Officers for LCS and JHSV Sea Trials
Seaward Services provides bridge officers, including the master and chief engineer, for Builder and Acceptance Trials of the Navy’s Littoral Combat Ship (LCS) and Joint High Speed Vessel (JHSV).
Wison VP to Speak at FLNG Conference
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak in the…
Odyssey to Open “SHIPWRECK!” Exhibit in Times Square
Odyssey Marine Exploration, Inc., will ring the Opening Bell at the NASDAQ MarketSite in New York on Thursday, May 23, 2013, at 9:30 a.m. to celebrate the grand…
Costa Concordia: Board Members Under Investigation
Five board members of owners, Costa Crociere, have been placed under investigation in connection with the January 2012 cruise ship accident. The executives are reportedly being probed for possible collusion in the crimes of dereliction of duty and manslaughter that the ship's Captain, Francesco Schettino, and other crew members are being accused of. Top executives from parent company Carnival also sit on Costa Crociere's board, reports Ansa.it.
Maersk Drilling Fast Out of the Blocks in 2013
Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling. With an increase in profit to USD 146 million in the first quarter of 2013…
Arctic Council Sign Oil Spill Agreement
At their recent meeting the circumpolar states of the Arctic Council have agreed to tackle oil spill disasters as a team. The Agreement on Cooperation on Marine…
Passenger Ship Grounded off Scotland Coast
The passenger ship 'Serenissima' grounded Monday night in Oban Bay, was refloated the next day & awaits underwater inspection. The UK Maritime and Coastguard Agency reported that the Stornoway Coastguard was alerted and was told that the ship had ran aground on sand and gravel. On board for the voyage from Ireland towards Oban were 61 passengers and 51 crew. There were no reported injuries, no reported pollution and no signs of water ingress.
Port of LA Wins Presidential 'E Star' Award
The Port of Los Angeles’ Trade Connect program has earned the nation’s highest honor for promoting American export trade. The Port was among the 2013 honorees recognized for export sales or service during an “E” Award ceremony at the U.S Department of Commerce headquarters in Washington, D.C. “I am delighted to be recognizing this year’s Presidential ‘E’ Award winners for their outstanding contributions to U.S.
U.S.-based Hercules Offshore Sells Most of Inland Fleet
Hercules Offshore agrees sale of 11 inland barge rigs, which includes three active rigs, eight cold stacked rigs and related assets (Inland Asset Package) for cash…
China Development Bank Grants Paragon Credit Facility
Greece's Paragon Shipping Inc. obtains a $69-million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction.
Metron Get Navy R&D LDUUV Contract
The Department of Defense award Metron Inc. a contract for development of a large displacement unmanned undersea vehicle (LDUUV). Metron, Inc., of Reston, Va.…
China Gains Formal Arctic Council Recognition
At the recent 8th Ministerial Meeting of the Arctic Council, China and another 5 states were granted observer status in the organization. Founded in 1996, the group…
Ian C. Strachan Elected Transocean Chairman
The Board of Directors of the company elected Ian C. Strachan to serve as Chairman of the Board effective May 18, 2013. Mr. Strachan replaces J. Michael Talbert…