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Crowley Promotes Sweeney
Crowley Maritime Corporation promoted Alex Sweeney to vice president and general manager of its energy and marine services business unit. Sweeney will live in Seattle and report to Chairmanā¦
SEACOR SMIT Changes Name to SEACOR Holdings Inc.
SEACOR SMIT Inc. announced that the change of its name to "SEACOR Holdings Inc." became effective at 12:01 a.m. on March 15, 2004. The ticker symbol and CUSIP numberā¦
Report Examines ROV Growth
In a recent report, the energy & marine industry analysts Douglas-Westwood, has revealed that operations of cable controlled work-class remotely operated underwaterā¦
Gulf Africa Line to Call Port of Jacksonville
Gulf Africa Line (GAL) will begin U.S. East Coast port calls in Jacksonville, effective with Blue Master voyage 0504 (northbound) and 1204 (southbound). "In ourā¦
SMIT starts construction of two new vessels
SMIT Transport & Heavy Lift BV (a division of SMIT Internationale NV) has ordered two new ships to be built at the Keppel Singmarine shipyard in Singapore. Thisā¦
GL Gets Greek Authority
Germanischer Lloyd has been granted full authorization by the Greek maritime administration with immediate effect. The authorization enables the classification society to performā¦
News: Report Examines ROV Growth
In a recent report, the energy & marine industry analysts Douglas-Westwood, has revealed that operations of cable controlled 'work-class' remotely operated underwaterā¦
Stolt Offshore Wins $150M Contract
Stolt Offshore S.A. signed an interim agreement for the second phase of the Amenam project in Nigeria. The contract, once finalised, is valued at approximately $150 million.
Market Report: When Will the Turn Around Come?
It seems to be a soap opera without an end. "It is crazyā¦makes no sense at all," is a common observation. If you are in the oil and gas business, the number one question isā¦
Offshore Market: Oil Prices Skyrocket but Rig Demand in the Doldrums
Worldwide demand for mobile offshore drilling units remains essentially flat, according to Houston-based offshore industry analyst ODS-Petrodata, although offshoreā¦
Norway: Teekay Seeks to Grow Suezmax Fleet
Expanding the Suezmax fleet and greater involvement in carrying oil products are among the ambitions being pursued by theTeekay Tanker Services (TTS) business unit of Teekay.
Grimaldi-Naples receives GM Award
Grimaldi Group has been elected General Motorsā supplier of the year due to its overall outcome as logistics provider. The award was granted during a ceremony heldā¦
Euronav, Partners Buy Worldās Largest Tankers
Euronav, the tanker subsidiary of the CMB group, together with partners have reached an agreement for the acquisition of four double hull āV plusā ships (also knownā¦
Smit Orders Damen Stan Tug
Smit International awarded a contract to Damen Shipyards Gorinchem for the construction of a new terminal tug, a Damen Stan Tug 3509 for delivery end of this year under yard Nr. YN511606.
Security Takes Center Stage at IMO
Topping the agenda at the upcoming IMO Maritime Safety Committee (MSC) is, to little surprise, security. Specifically, the top line item will be the implementationā¦
Legal: Misplacing the Place of Refuge
On December 30, 2000, the tanker Castor was underway in the western Mediterranean Sea en route from Constanza, Romania to Lagos, Nigeria, carrying 29,470 tons of unleaded gasoline.
ExxonMobil Contract for Leiv Eiriksson
Ocean Rig announces that ExxonMobil has issued a letter of intent for a contract to employ the Leiv Eiriksson for an exploration well, plus an option well in direct continuationā¦
Offshore SCORE Continues Decline
GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for April 2004 was down 4.5% from the previous month's SCORE.
IMO Suggest Fund to Help Ships in Distress
An international fund is urgently needed in order to establish search and rescue (SAR) services along the African coastlines, including the setting up of up to fiveā¦
World Oil Demand Growth Highest in 16 Years
In its May Oil Market Report the International Energy Agency (IEA) raised its forecast for 2004 world oil demand by 0.27 mbd. Altogether oil demand growth in 2004ā¦