Rose Joins Global Diving & Salvage
Eric Rose has joined Global Diving & Salvage, Inc. as Director of Business Development, responsible for the company’s long-term revenue generation, and the support…
Intellian to Develop New US Navy Antennas
Intellian Technologies USA, Inc. said it has been awarded a contract to research, design and deliver antenna systems for the U.S. Navy. Under the terms of the contract the new antenna system will provide enhanced capabilities and will allow the Navy to retire an older generation system, Intellian said. The product will be certified to MIL-STD 167-A & 461-F.
Wreck Removal Continues for Pacific Paradise
Work on the Pacific Paradise continues and the unified command has contracted Resolve Marine Group with support from several other experts to conduct the removal of the pollution threat. "The combined experience of the team we have working this challenge is impressive and the effort they've put in to develop this wreck removal plan is significant," said Captain of the Port Capt. Michael Long, commander, Coast Guard Sector Honolulu.
Wessels Reederei Takes the Lead on LNG Conversions
The move toward LNG as fuel is gaining momentum quickly, driven not only by newbuild installations but now by companies signing on to convert existing ships to the environmentally friendly solution. Germany's Wessels Reederei -- which was the first company in the world to convert a containership to LNG fuel, signed a letter of intent with MAN Diesel & Turbo regarding the conversion of three of its fleet to dual-fuel gas operation.
S.Korean Refiners Look to Cash in on 2020 Mandate
Three refiners to spend more than $5 bln to upgrade or add units. South Korean refiners are planning to spend over $5 billion on plant upgrades in response to tighter rules on shipping fuel…
Damen Buys shares in Daewoo Mangalia Heavy Industries
Damen Shipyards Group has entered into a share purchase agreement with Daewoo Shipbuilding & Marine Engineering (DSME) for the acquisition of its majority share in Daewoo Mangalia Heavy Industries (DMHI). The Daewoo shipyard in Mangalia, Romania was established in 1997 as a joint venture between Daewoo and 2 Mai Mangalia Shipyard with Daewoo as majority shareholder. With the acquisition of the majority share in the shipyard in Mangalia…
Asian Floating Storage Declines as Crude Market Tightens
Strong demand is tightening the market but rising US output could sap efforts to rebalance market. The amount of oil stored on tankers around Singapore has dropped sharply in the last months…
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