Kværner ASA : Q4 & Preliminary 2012 Results
Kværner reported operating revenues of NOK 2 930 million in the fourth quarter 2012. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 119 million…
Raymarine’s New a-Series Multifunction Displays
New a65/a67 WiFi versions support RayControl and RayRemote apps. Following the launch of the new a-Series multifunction displays (MFDs), Raymarine has taken steps to expand a-Series functionality further with the addition of two new versions of the a65 and a67 complete with built-in Wi-Fi. The compact a‐Series multifunction displays are already extremely versatile, offering boaters simple and quick access via Raymarine’s intuitive LightHouse user interface to navigation applications like GPS…
Seagull Reinforces Safety Message
Seagull has introduced two new computer-based training modules to help ships’ officers and crew managers to raise safety awareness among the seafarers under their supervision.
Drydocks World to Present its Capabilities at NAVDEX
Drydocks World, a maritime service provider, will showcase its extensive portfolio of services and capabilities for the Defence sector at NAVDEX, the dedicated Naval…
A Helping Intitiative Aimed to Curb Somalia Piracy
Shell, BP, Maersk, Stena & Japanese shipping companies NYK, MOL and “K” Line support job creation & capacity building projects in Somalia. This collaboration between…
Labor, Maritime Business Coalition Urge Congress to Avoid CR
A bipartisan coalition urge Congress to pass a Defense Appropriation Bill to avoid another Continuing Resolution (CR) & Sequestration. A bipartisan coalition of…
Muddy Footprints: Satellite's View of Ship Pollution
Long tracks of elevated nitrogen dioxide (NO2) levels show up along certain shipping routes when viewed from NASA's Aura satellite. For more than a decade, scientists have observed “ship tracks” in natural-color satellite imagery of the ocean. These bright, linear trails amidst the cloud layers are created by particles and gases from ships. They are a visible manifestation of pollution from ship exhaust…
Kværner Profits Slip, Bulging Order Book
Kværner ASA issue fourth quarter and preliminary annual financial results 2012. Kvaerner reported operating revenues of NOK 2 930 million in the fourth quarter 2012.
Latest Commercial Shipbuilding Contracts
There has been a significant volume of shipbuilding business reported in the week according to Clarkson Hellas. The dry bulk fleet has seen a number of new additions this week.
Otto Marine Profit Warning
Singapore-based Otto Marine & group subsidiaries issue a warning regarding its forthcoming financial results. Losses from its subsidiary Reflect Geophysical Pte. Ltd.
Siemens to Supply Eighty N. Sea Wind Turbines
Siemens contracted by Germany's wpd group to supply & install 80 wind turbines for the Butendiek offshore wind power plant. The agreement also covers a long-term maintenance contract for a period of ten years, the first of its kind for an offshore wind project. Siemens is to provide a new logistics concept that includes a service operation vessel specially developed for deployments to offshore wind facilities. The order volume including service is more than EUR 700-million.
Shell's Arctic Drilling Hiatus
Both of Shell's offshore drill rigs used during last year's oil exploration season to be transported to Asian shipyards for inspection and repair. The decision suggests…
Feel What it's Like to be a Shipbuilder on New Website
The National Archives Administration (NAA) of Taiwan launch a website featuring aspects of the country's shipbuilding history. Since 2004, the NAA has digitized…
Great Lakes Shipping Shows Signs of Recovery
Overall U.S. maritime cargo volumes in the Great Lakes region are recovering from extreme lows experienced in 2009 finds a MARAD study. The U.S. Department of Transportation’s…
Navy Contracts for Two US Shipyards
Latest US Dept of Defense Contracts include awards to Colonna's Shipyard Inc. & East Coast Repair and Fabrication L.L.C. Firstly, Colonna's Shipyard Inc., Norfolk…
SKH Product Counterfeiter Sentenced
Swedish court rules for criminal conviction in SKF counterfeit court case. A Swedish court has sentenced one person to a one-year jail term and a five-year ban from trade…
Polish Port Appoints New CEO
Maciek Kwiatkowski will take up the leadership of DCT Gdansk at the beginning of April 2013. As DCT continues its preparations for the next major extension phase…
GL Group Pass DQS Management System Audit
The first combined DQS Certificate in the fields of quality, environment, occupational health & safety awarded to GL Group. The GL Group has received a combined certificate of compliance with the BS OHSAS 18001, ISO 9001 and ISO 14001 standards after successfully passing an integrated management system audit conducted by the German certification body DQS. The Group is the first technical advisor for assurance…
OTC Names 2013 Achievement Award Winners
The awards will be presented on 5, May 2013, at the annual Offshore Technology Conference dinner in Houston, Texas. Ken Arnold is being recognized for his outstanding leadership and extensive contributions to the E&P industry. His many achievements include playing an integral role in the offshore industry’s focus on safety through the development of Recommended Practices for offshore design and safety management…
Hydrex Darkest Africa Bow Thruster Repair
A Hydrex diver/technician team flew to Pointe-Noire, Congo to replace the stainless steel belt in a research ship's thruster tunnels. The stainless steel belt is…