OPEC Secretary General Says No Shortage of Oil
OPEC is ready to pump extra oil in the event of any supply disruptions caused by Iraq and its biggest producer, Saudi Arabia, can ramp up to capacity if needed, oil officials said on Tuesday.
Strategic Marine Delivers MV Thaiyak
Specialist shipbuilder Strategic Marine has delivered the On-Station vessel Thaiyak to the Australian Customs & Border Protection Service (ACBPS). The vessel was launched from Strategic Marine's facility in Vietnam in March this year and was officially accepted in Fremantle, Western Australia, by representatives of Australian Customs & Border Protection Service yesterday, Monday, June 23. The 40-meter on-station vessel…
NAO Exercises Option to Purchase Shares
Nordic American Offshore Ltd. additional 882,352 common shares. The sale of these common shares isexpected to close on June 26, 2014. After the exercise of the overallotment option…
US Cargo Ship to Load Syrian Chemical Agents Soon
An American cargo ship, the 'Cape Ray' converted into a mobile chemical weapons destroyer is expected to take charge of some of Syria's most dangerous materials next week, a U.S.
Ingalls Shipbuilding Named Platinum Fit-Friendly Worksite
Ingalls Shipbuilding, a division of Huntington Ingalls Industries, says it is doing its part to fight obesity and bolster the health of its employees. The shipyard's…
Lockheed Martin Awarded DoD Port Hueneme Test Ship Contract
Department of Defense inform that Lockheed Martin, Moorestown, New Jersey, is being awarded a $12,171,921 cost-plus-fixed-fee modification to a previously awarded…
Containership Alliance P3 Abandoned: Implications Analysed
So, Maersk, MSC and CMA CGM will not be allowed to form what would have been the largest mega-alliance in the shipping industry. But what are the implications, and what is likely to happen next?
Engineering Jobs Secured by Portsmouth UK Naval Contract
The two-and-a-half-year £70 million contract will protect around 100 highly skilled engineering jobs at BAE Systems in Portsmouth, the home port of the Royal Navy’s…
GLDD Appoint Mark Marinko Senior V-P & CFO
Great Lakes Dredge & Dock Corporation (GLDD) informs that Marinko joins the Company to fill the role vacated in April 2014 and held in interim by the Vice President and Controller, Katherine Hayes.
Helmsman Falls Overboard, Boat Crashes Into Breakwater
Coast Guard and Washington State Ferry crews rescued a man who fell overboard from his vessel in the vicinity of Elliott Bay Marina. The 39-foot boat was moving…
KNOT Public Share Offering to Fund Tankship Acquistions
KNOT Offshore Partners says it has entered into agreements to acquire from Knutsen NYK Offshore Tankers AS all of the ownership interests in the companies that own…
The High Seas Are Like a Failed State: Ocean Rescue Commission
The health of the global ocean is in decline and an integrated rescue package needs to be applied over the next five years, according to The Global Ocean Commission…
Upcoming Chesapeake MTI Professional Mariner Job Fair
Chesapeake Marine Training Institute (Chesapeake MTI) says it will host a professional mariner job fair August 13, 2014, from 9 a.m. to 3 p.m. at its campus in Hayes, Va.
Magnitude 8 earthquake Hits off Alaska's Aleutian Islands
A magnitude 8 earthquake Monday shook the Aleutian Islands of Alaska to the west, prompting authorities to issue a tsunami alert local, the United States Geological…
SafeBulkers Price Public Offering
Greece's Safe Bulkers, Inc. has set the price of its public offering offering of shares. The Company says it plans to use the net proceeds of the public offering…
Nam Cheong Clinches 2 Accommodation Work Barge Contract
Nam Cheong Limited a leading global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia’s largest Offshore Support Vessel builder…
Public Invited to Join Last Sailings of Veteran WSF Ferry
The public is invited to bid “bon voyage” to Washington State Ferries’ (WSF) oldest ship, the 87-car 'Evergreen State', with one last ride from Friday Harbor to Anacortes Sunday, June 29, 2014.
HAL's World Cruise to Span 45 ports, 25 countries, 6 Continents
When ms Amsterdam departs Fort Lauderdale, Fla., Jan. 5, 2015, the cruise will span 114 days and call at 45 ports in 25 countries on six continents. Offering a refined…
Wall St Stabilizes After 6 Days of Gains, Energy Sector Advances
U.S. stocks ended little changed on Monday in a quiet session, as investors saw little reason to continue buying on Wall Street after a winning streak of six days of the S & P 500…
Foster Wheeler Signs Agreement With BOC to Replace Heat Exchangers
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management…
