EU Sanctions on Iran Oil tanker Group Annulled
European Union sanctions on Iran's main oil tanker firm NITC have been annulled after the EU did not appeal against a court ruling that the measures should be lifted…
Ivory Coast Seeks Deepwater Oil Investors
Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas next week, a senior oil ministry official said on Tuesday. The West African nation will target companies including Exxon Mobil, Total, Eni, Anadarko Petroleum, Tullow Oil and ConocoPhillips , the ministry's oil director Ibrahima Diaby said.
Canada to Miss 2020 Emissions-cut Target
Canada is set to badly miss a 2020 target for cutting emissions of greenhouse gases, in part because of its failure to regulate the booming oil and gas sector, Parliament's…
Fast Repsonse Boat Sports Innovative Volvo Penta Power
Fort Ripley, a new offshore emergency response craft now entering service in Charleston, S.C., is reported to be the first commercial vessel in North America to be powered by triple Volvo Penta IPS drives. Designed by C. Raymond Hunt Associates, built by Gladding-Hearn Shipbuilding, Duclos Corporation, and owned by Southeast Ocean Response Services Inc., the USCG-certificated 64-ft. aluminum boat, was commissioned today (October 7, 2014) in a ceremony in Charleston.
EIA: Falling Fuel Costs, Rising U.S. Production Ahead
The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy and Winter Fuels Outlook (http://www.eia.gov/forecasts/steo/). • EIA projects average U.S.
'Fantasy Fuel': Novozymes Looks to the Future
When Denmark's Novozymes first wondered in 2000 how its mass-produced enzymes could be used to make advanced biofuel, the industry did not exist and only now is…
EU Mission to Help Italy with Migrant Crisis to Start in November
The European Union plans to launch a mission to help Italy cope with swarms of migrants crossing the Mediterranean from North Africa, the EU said on Tuesday. Called Operation Triton…
Floating Out of Aircraft Carrier HMS Queen Elizabeth
HMS Queen Elizabeth was floated out of the Babcock dock in Rosyth (UK). Designed and built by BAE Systems and assembled by Babcock Marine, the HMS Queen Elizabeth is the biggest, and most powerful, surface warship ever to join the Royal Navy and capable of carrying up to forty aircraft. The aircraft carrier, the first of the Queen Elizabeth-class, was officially named by the Queen. BAE Systems chose…
NCE Opens Office in Alabama
Noise Control Engineering, LLC (NCE) opened a new office in Mobile, Ala. The office will be staffed by Nathan Jones, a Senior Engineer with more than 10 years of experience at NCE. “Our customers along the Gulf Coast region are a very important part of our business and this office will enable us to better serve them. Our goal is to be in a position to react quickly to their needs and provide them with superior support” explains Nathan. Mr.
Star Bulk Collects $8.016m From Sale of Its Claim Against Pan Ocean
Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that following the settlement and adjudication of the company's subsidiary Star Borealis LLC claim for damages and due hire related to the repudiation of the long-term time charter of the M/V Star Borealis by charterer Pan Ocean Co Ltd., previously filed with the Seoul Central District Court, Korea, Star Bolrealis negotiated, sold and assigned the…
WindStar Cruises to Implement Adonis
Adonis AS (Adonis) said that Windstar Cruises will be implementing Adonis Personnel Manager (APM) and Payroll for all its Human Resources (HR), time and attendance, crew management and payroll activities. The Adonis solution will enable Windstar to host and consolidate these processes using a central HR database, which will improve efficiencies and coordination between their vessels and their shore side crew in Seattle.
Canada Ill-Placed to Ensure Safety of Arctic Shipping
Canada will have trouble ensuring marine safety in the Arctic as climate change melts the sea ice and shipping increases, Parliament's environmental watchdog said on Tuesday. Canada, said Environment Commissioner Julie Gelfand, had "no long-term national vision" to cope with more shipping in the region, where firms are trying to exploit reserves of oil, gold, diamonds, iron ore, zinc and other commodities. Gelfand said many high-risk areas in the Arctic had been inadequately surveyed.
Piracy Expected to Increase Ahead of Nigeria's Election
Piracy will increase in the Gulf of Guinea as Nigeria prepares for an election next February in order to funnel ransom money into campaign financing, intelligence…
Netsco Appoints Flores
Netsco announces Jan M. Flores, as Sr. Director of Business Development. Flores comes to Netsco from OSG (Overseas Shipholding Group) where he headed the FSO Group and was responsible for Business Development in the Offshore market. Prior to his assignment with the FSO Group, Flories was the OSG Technical Project Manager overseeing the development of the MT Overseas Cascade and the MT Overseas Chinook.
Maritime Robot on Mission South of England
The ASV C-Enduro embarked on a robotics mission along with six other unmanned marine vessels off the southwest of England. Selected to take part by the National Oceanography Centre (NOC), C-Enduro is fitted with a range of meteorological and oceanographic sensors to collect scientific data about ocean processes and marine life. The project, coordinated by NOC, is the most ambitious of its kind in Europe. The vehicles are aiming to travel up to 300 miles over the next 20 days.
Knightsbridge Tankers Changes Name to Knightsbridge Shipping
Knightsbridge Tankers Limited (Nasdaq:VLCCF) has announced that it changed its name to Knightsbridge Shipping Limited. Also, the company's web address has changed…
ROVOP's Gray Garners UK Entrepreneur Award
The managing director of rapidly growing subsea specialist ROVOP last night (October 2) received prestigious industry recognition after being named as the UK’s EY Entrepreneur of the Year 2014 for international business growth. Judges singled out Steven Gray from a shortlist of the nation’s most successful and innovative business leaders, for his outstanding achievement in building an organisation that has experienced exceptional global growth since its inception in 2011.
Polarcus Insiders Scoop up Shares
- Peter Rigg, Chairman of the Board, has on 07 October 2014 acquired 150,000 shares at a price of NOK 1.40 per share. Following the transaction he owns 434,880 shares. - Hege Sjo, board member, has on 07 October 2014 acquired 111,429 shares at a price of NOK 1.40 per share. Following the transaction she owns 461,309 shares. - Tore Karlsson, board member, has on 07 October 2014, through his wholly owned company Kepelia Enterprises Company Limited…
ACP, Port Everglades DiscussPartnership
The Panama Canal Authority (ACP) received a delegation from Port Everglades led by Broward County Mayor Barbara Sharief and Deputy Port Director Glenn Wiltshire. During the meeting, the Panama Canal Administrator provided an update on the Expansion Program and its impact on U.S. East Coast ports. The Panama Canal Authority (ACP) and Port Everglades renewed their strategic alliance in 2011 with the signing of a Memorandum of Understanding (MOU).
Transas, MDS Win Taiwan's Coastal Surveillance Contract
Transas Marine Pacific and its local partner Mercuries Data Systems (MDS) have secured a multi-million contract from the Taiwan Coast Guard Administration for installation…
