Royal Navy Sailors Train with Wasp
The Royal Navy sent six Sailors, from Navy Command Headquarters in Portsmouth, England, to integrate into Wasp’s flight deck operations to prepare them for their…
Oil Rig Rescue Highlights ETV Importance - Nautilus
Responding to reports that the government’s Emergency Towing Vessel (ETV) Herakles was deployed to assist a tug experiencing trouble off the coast of Scotland, Nautilus…
MOL Reshuffles US Route, Inks Car Transport Deal
Mitsui O.S.K. Lines, Ltd. today announced that it has won a contract to transport vehicles manufactured at Toyota Argentina S.A. to ports on West Coast South America and West Coast Central America.
China Launches Maritime Satellite
China’s Academy of Space Technology in Beijing has launched a new high-tech satellite, called the Gaofen 3 high-resolution Earth observation satellite, which has…
Gard Alert: Port state CICs in 2016
This year’s concentrated inspection campaigns (CICs) by port state authorities will focus on compliance with the Maritime Labour Convention and the vessel’s Cargo Securing Manual.
Euroseas Reports Loss
Euroseas Ltd has announced its results for the three and six month period ended June 30, 2016 as well as certain fleet updates. Total net revenues of $7.3 million.
Navios Maritime Charter Restructuring with HMM
Navios Maritime Partners has reached an agreement with South Korean shipping company Hyundai Merchant Marine to cut the hire rate of five container vessels chartered out to HMM by 20%.
Ocean Rig UDW Beats on Revenue
Ocean Rig UDW Inc, the offshore drilling contractor, posted revenue of $452.6 million in the second-quarter, beating Wall Street forecasts. Three analysts surveyed by Zacks expected $385.7 million.
DNV GL Okays New Floating Power Generation Concept
DNV GL has given IHI Corporation Approval in Principle (AiP) for its FLPS (Floating LNG Power Station) concept. The formal handover of the Approval in Principle took place in Tokyo on July 5.
Gazprom Neft Increases Arctic Field Output
Gazpromneft Shelf, a subsidiary of Gazprom Neft, brought on production two more wells in Prirazlomnoye field in the Pechora Sea, bringing crude oil output to more than 6,000 tonnes/day.
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