Maersk Drilling Q2 2014 Profit Dips
Maersk Drilling informs that in Q2 2014 it delivered a profit (NOPAT) of USD 117-m (USD 150-m). While the underlying operational performance remained strong with an operational uptime of 97% (96%)…
Prosafe Q2 Earnings Below Expectations
Offshore accommodation rig provider Prosafe reported second-quarter earnings below expectations on Thursday and said that its short-term market outlook is weaker…
'Double Jeopardy – Trial by Media, Trial by Law' London Opening
BIMCO notes that the highly acclaimed "Double Jeopardy - trial by media, trial by law" first showcased at the BIMCO AGM in Dubai earlier this year is to be brought…
Week's Ocean-Going Shipbuilding Orders Sparse
COSCO Zhoushan have announced a contract for two 64,000 dwt Ultramax with deliveries in the fourth quarter of 2016 and the first quarter of 2017 respectively. It…
LNG Carriers GasLog Financial Results Q2 2014
GasLog Ltd. Completion of the initial public offering (“IPO”) of GasLog Partners LP (“GasLog Partners” or the “Partnership”) on May 12, 2014, raising gross proceeds of approximately $203 million.
DSME Gets UK Shipyard Consulting Contract
S. Korea's DSME says it is to provide naval vessel production and management consulting services for British defense company BAE. Under the terms of the agreement…
Northrop Grumman Awarded Navy IT Contract
Grumman Corporation informs it has been selected by the US Navy as one of five contractors for the Consolidated Afloat Networks and Enterprise Services (CANES) full…
High Bids in Western GofM Lease Sale
U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S.
RN Diving Expert Chris Baldwin Joins IMCA
The International Marine Contractors Association (IMCA) Secretariat says that Chris Baldwin has joined its team as a Technical Adviser following a short secondment from the Royal Navy.
CMA CGM Chairman Visits Bow-Refitted Containership
During the recent call in Beirut, Lebanon, of the 'CMA CGM Columba', Mr. Jacques R. Saadé, CMA CGM Group's Chairman and Chief Executive Officer, visited the 11,400 TEU ship.
