Seanergy Signs Agreement For Contribution Of Four Capesize Vessels As Equity
Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that the Company has entered into an agreement with entities affiliated with certain…
Exxon Mobil Corporation Declares Q2 Dividend
shareholders of record of Common Stock at the close of business on May 13, 2014. This second quarter dividend compares with 63 cents per share paid in the first quarter of 2014.
Stanford Mustang-50m AHT Launched
MAC / Mawei Shipyard announced the successful launching of the Stanford Mustang, a 50m AHT with a special low air draft design, to enable the safe passage below…
Statoil's Q1 net operating income up by 35%
Statoil's (OSE:STL, NYSE:STO) first quarter 2014 net operating income was NOK 51.4 billion, a 35% increase compared to the first quarter of 2013. Adjusted earnings were up 9% to NOK 46.0 billion.
Completion of 3D Seismic Survey Offshore Morocco
Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, announced today the completion of its 1,700km2 3D seismic survey…
Threat to vessel in the Gulf of Aden
The U.S. Navy Maritime Liaison Office in Bahrain (MARLO) advises that on or about 1300 UTC yesterday (29 April) the Master of a motor vessel reported being approached…
Foster Wheeler Awarded 2 Contracts For Plant in S. Arabia
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Power Group has been awarded two contracts for the design and supply of five steam…
WINS takes delivery of largest PSV, "WM Pacific"
Wintermar Offshore Marine (WINS) announced having taken delivery of "WM Pacific”, the Largest Platform Supply Vessel (PSV) flying the Indonesian flag. 'WM Pacific'…
Brazil Navy expands network to 10 AXYS 3 Meter buoys
XYS Technologies Inc (AXYS) recently shipped two 3-Meter buoys for the Centro de Hidrografia da Marinha (CHM) of the Diretoria de Hidrografia e Navegacao (DHN) in Niteroi.
Argentine Province Expects Big Oil To Bid In Shale Block Auction
Argentina's Neuquen province expects major global energy companies, including Royal Dutch Shell, Chevron Corp and Exxon Mobil Corp , to bid in a May auction of 11 oil blocks…
Gazprom Ends Plan To Build Pipeline To Italy
Gazprom has abandoned plans to build a section of its disputed South Stream gas pipeline to Italy, two sources close to the company said on Wednesday, a day after…
Container Lines Plan Pacific Freight Rate Rise
![Photo courtesy CMA CGM](https://images.marinelink.com/images/maritime/w100h1500/photo-courtesy-cma-cgm-26517.jpg)
Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15. The increase was agreed by companies in the Transpacific Stabilization Agreement (TSA) which also adopted a $400 per FEU peak season surcharge effective June 15, the TSA said in a statement. The TSA groups 15 of the world's biggest container shipping lines, including Denmark's Maersk Line, a unit of A.P.
US Navy Seeks Data on Small Warship Options
![U.S. Navy photo by Keith DeVinney](https://images.marinelink.com/images/maritime/w100h1500/us-navy-photo-by-keith-26516.jpg)
The U.S. Navy on Wednesday asked U.S. and foreign weapons makers for technical and cost data on the design and weapons for a new possible small warship to succeed the Navy's current Littoral Combat Ships (LCS) by 2019. Companies will have 21 days to respond to two separate requests for information on both ship designs and the radars and other weapons that would go on board, said John Burrow, executive…
Treasure Hunters Return to "Ship of Gold"
![J. Childs' painting of SS Central America sinking in 1857. (National Maritime Museum, London)](https://images.marinelink.com/images/maritime/w100h1500/j-childs-painting-of-ss-26515.jpg)
A deep-ocean exploration company is seeking to recover a lucrative haul of gold aboard the shipwreck of the SS Central America, nearly 160 years after it sank off the coast of South Carolina in a 1857 hurricane. The 280-foot (85 meters) sidewheel steamship carried as much as 21 tons of gold ingots, freshly minted gold coins and raw gold from the California mines, as well as the personal wealth and belongings of its 477 passengers, most of whom were lost when the ship sank in September 1857.
Lockport New Construction Reaches Safety Milestone
![Photo courtesy Bollinger](https://images.marinelink.com/images/maritime/w100h1500/photo-courtesy-bollinger-26514.jpg)
Bollinger Shipyards, Inc. announced that their Bollinger Lockport New Construction facility has worked 3 million man-hours without a lost time accident. Building on a philosophy that starts at the top while empowering all employees to demand safe production, Bollinger Shipyards strives for zero accidents. Workforce, contractors, and customer safety is priority and an evident core component of facility operations.
Today in U.S. Naval History: April 30
Today in U.S. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Drydocks World Repairs NDC Drilling Rig
![DDW & NDC team near Al Ittihad (Photo: Drydocks World)](https://images.marinelink.com/images/maritime/w100h1500/ddw-ndc-team-near-al-26511.jpg)
Drydocks World, an international service provider to the marine and maritime sectors including to the oil and gas and energy industry, announced the completion of major repair and refurbishment of National Drilling Company’s (NDC) jack up drilling rig Al Ittihad. The company said it has carried out maintenance work on several of NDC’s rigs, and the numbers have increased over the years: Drydocks World received four orders in 2013 to add to the eight projects completed previously.
Lloyds to Sell $500m in Shipping Loans
Lloyds Banking Group has reached an agreement to sell $500 million of shipping loans from its remaining ship finance portfolio, finance and banking sources familiar with the matter said on Wednesday.
Port2Port Maritime Joins BIMCO
![](https://images.marinelink.com/images/maritime/w100h1500/-26508.jpg)
Port2Port Maritime has now been formally accepted as an Associate Member of BIMCO, following the company’s accreditation of ISO/PAS 28007, the first assessment of a maritime security company’s quality management system against an International Standards Organization framework (ISO). Andrew Varney, Managing Director, Port2Port Maritime said, “Membership to BIMCO gives a clear choice for Shipowners, Charterers and Operators alike that for the first time…
Port of Brunswick Wins Honda Import Deal
![Photo courtesy of Honda](https://images.marinelink.com/images/maritime/w100h1500/photo-courtesy-of-honda-26506.jpg)
The Georgia Ports Authority has won new import business from Honda. The 2015 Honda Fit, built at the carmaker’s new plant in Celaya, Mexico, is moving into the U.S. through the Port of Brunswick. International Auto Processing (IAP) will handle the cars upon arrival. “Highlighting the truly global nature of auto manufacturing, a Japanese company building cars in Mexico has chosen Georgia’s deepwater ports as a vital gateway to the U.S.,” said GPA Executive Director Curtis Foltz.