Boskalis Posts Record Profits
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014. Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion).
LOC Expands Australian Operations
London Offshore Consultants (LOC), announced the expansion of its Australian operations with the official opening of its Sydney office today (March 12, 2015). The…
Cyclone Warning for Australian Ports
The Australian Bureau of Meteorology has issued and update on Tropical Cyclone Nathan, which has formed in the Coral Sea off the East coast of Australia. It appears that Cairns North may be affected…
Richard Branson's Virgin Group Accused of Pirating
Former Norwegian Cruise Line CEO Colin Veitch has filed suit against Richard Branson for $300 million claiming that Virgin essentially stole his ideas and business…
India Reclaims the Indian Ocean
Indian Prime Minister Narendra Modi's visit to three Indian Ocean countries is a bid to bolster India's economic and security ties in a region where Beijing has been making inroads in recent years.
BAE Systems Awarded $385 mln Contract to Design Submarine
British Navy has awarded BAE Systems PLC a £257 million ($385 million) contract to complete design work on the country’s next submarine capable of firing nuclear warhead-equipped ballistic missiles.
Stopping Cruise Ship Pollution in Asia
While many Asian ports restrict ships’ sulfur emissions, the level is far higher than limits in the U.S. and Europe, says a report in the WSJ. Many popular destinations…
Adani, GVK Get Oz Nod for Port Expansion
The Government of Australia has cleared project proposals to expand a port for two coal projects of both Adani Enterprises and GVK Hancock opposed by green groups.
India, Seychelles Ink Pacts on Maritime Security
India on Wednesday signed four agreements with the Indian Ocean island nation Seychelles to boost security and maritime partnership. Prime Minister Narendra Modi…
Yemen Rolls out Maritime Security Zone
Yemen is establishing a maritime security zone along the country's 2,500 kilometre-long coastline to deter illegal immigrants from entering the country, reports The Middle East Monitor.
India-ASEAN Maritime Pact Soon
India has expressed the hope that the Asean-India Maritime Transport cooperation agreement will be finalised by the end of the year, External Affairs Minister Sushma Swaraj said.
Building the World’s Largest 4G Offshore Network
Statoil has chosen Maritime Communications Partner (MCP) to deploy and operate its high speed 4G-network on the Norwegian Continental Shelf (NCS). Statoil and MCP have signed a six-year contract with an option to extend for another four years. With that, MCP will immediately start building the world’s largest 4G network at sea. Statoil will benefit from high-speed mobile coverage on all of its 34 platforms on the NCS. This will improve communications between platforms, rigs and supply-vessels.
Former Norwegian Cruise Line CEO sues Virgin Group
The former chief executive of Norwegian Cruise Line Holdings Ltd sued Richard Branson's Virgin Group in federal court in Miami for $300 million on Wednesday over…
Davie Wins Coast Guard Maintenance Work
Davie has been awarded a contract from the government of Canada for the Vessel Life Extension (VLE) of Canadian Coast Guard Ship CCGS Earl Grey, the shipyard announced today. CCGS Earl Grey is a Medium Endurance Multi-Tasked Vessel used by the Canadian Coast Guard to perform a variety of roles including icebreaking, primarily offshore Prince Edward Island. The vessel’s nine-month life extension program will take place in Davie’s secondary drydock, the Lorne dock.
Hempel Finalizes Acquisition of Jones-Blair Company
Global coatings producer Hempel announced today that it has closed its previously announced acquisition of Jones-Blair Company, a North American protective and waterproofing market supplier. Terms of the acquisition were not disclosed. Danish-based Hempel is seeking to strengthen its presence in North America through organic growth and acquisitions, the company said. The acquisition of Jones-Blair Company…
ATTC Celebrates 75 Years
In 1940, Jack Walters, Sr. started manufacturing oxy-fuel cutting tips in a makeshift workshop in his home. As the demand for materials and manufacturing brought on by World War II increased, Walters started American Torch Tip Co. (ATTC) in a small, rented garage in Pittsburgh, Pa. Seventy-five years later, ATTC’s manufacturing plant and headquarters now occupy approximately 72,000 sq. ft., spanning three buildings in Bradenton, Fla.
Tanker Salvage Underway in Houston
Responders have begun to execute salvage plans for the damaged tanker Carla Maersk, Wednesday, following a collision that occurred Monday in the Houston Ship Channel…
First of 20 New Ships Delivered to Intermarine
Transporter of project, breakbulk and heavy lift cargoes, Intermarine, LLC, has begun “Fleet of the Future” deliveries with the addition and maiden voyage of the newbuild Industrial Grand. The 20,000 DWT, 545 foot multipurpose vessel Industrial Grand features three cranes with a combined lifting capacity of up to 900 metric tons. It is the first of 20 new eco-friendly lifters that will join Intermarine’s core fleet during the next 30 months.
Sinking Cargo Ship Abandoned in Sea of Japan
A 5,000-dwt Cambodian-flagged cargo ship has been abandoned in the Sea of Japan, according to multiple reports. The Tong Yuan Hai, operated by Liberty Shipping of Hong Kong, was transporting coal from the Russian port of Nahodka to Pohang, South Korea, World Maritime News reported. The vessel reported water ingress and a developing list 280KM northwest of Japan's Ishikawa Prefecture. The 14-member crew…
USCG Marine Safety Alert
The U.S. Coast Guard issued a marine safety alert while it conducts an ongoing investigation into a engine room fire that killed three aboard the Insignia cruise ship in St. Lucia in December.
