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EIA: World Energy Use Strong
Worldwide energy consumption grows by 60 percent over the next two decades, according to the reference case projection released today by the Energy Information Administration…
TRAILBLAZERS: Ultrastrip Helps Clear the Way
While convention holds that the most vital marine technological advances happen in or around the engine room and bridge, the business of coating and corrosion control - stripping…
118-ft. Yacht Designed to Travel to 70 Knots
Three Vericor Power Systems' TF50 marine aeroderivative gas turbines have been selected to power the 118 Wallypower high-speed yacht being built by Intermarine Shipyard…
Energy Use Enjoys Strong Growth
forecast of international energy demand. patterns increasingly resemble those of the industrialized world. raise oil prices in 2000. industrialized (mainly Western…
Crowley Moves ExxonMobil Concrete Island Drilling
Crowley Marine Services' Energy and Marine Services business unit has successfully moved the 312-ft. square concrete island drilling structure Orlan from Prudhoe Bay…
Positive Outlook for Global Subsea Development, Deepwater Strengthening
There are 2,511 identified pending, probable and possible subsea production wells forecast (base case) worldwide over the next six years. Some 18 percent of these…
Augustine Joins Paragon Engineering
John Augustine has joined Paragon Engineering Services, Inc. of Houston as senior vice president to serve as one of the company's top executives, reporting to James R.
HHI Set To Put Big Dent in Offshore Market
Hyundai Heavy Industries (HHI) is reportedly set to win up to $1.3 billion worth of orders for offshore projects by end-June, according to published reports. The…
OT Africa Line moves its operations in Antwerp
OT Africa Line is to move its operations in Antwerp from Hesse Noord Natie Terminal's Delwaide Dock (berth 702) to Churchill Dock South (berth 420) in…
ExxonMobil Begins Construction of Project Offshore
Exxon Mobil Corporation has announced that its subsidiary, Mobil Equatorial Guinea, Inc. (MEGI), has awarded contracts and started construction to expand current production of the Zafiro field…
Security Council Formed With Assistance From Savi Technology
Every day, about 17,000 cargo containers enter U.S. ports, yet only one or two percent of them is routinely inspected. Since Sept. 11, government officials and global…
Trico Marine Reports First Quarter 2002 Results
Trico Marine Services, Inc. has reported a net loss for the quarter ended March 31, 2002, of $4.8 million, or $(0.13) per share (diluted), on revenues of $32.1 million…
AIS: When & Where? Here & Now!
The events of September 11, 2001 will continue to have lingering effects on the world indefinitely. The most visible remnant in the maritime world is the drastically…
Floating Production System Capital Expenditure
Over the past five years capital expenditure on floating production systems has totalled some $20 billion, but over the next five years this is forecast to increase by more than 50% to $32 billion.
Tidewater’s O'Malley Officially Steps Down
Tidewater Inc. (NYSE:TDW) announced on March 28 that William C. O'Malley, the company's Chairman, President and CEO for most of the past eight years, has officially stepped down as Tidewater's CEO…
Global Industries Announce an Executive Restructuring
Peter S. Atkinson, President of Global Industries, Ltd., will assume responsibilities for all administrative functions worldwide including accounting, human resources…
Transas Installs VTS Systems in Morocco Ports
In May 2002, Transas installed its Navi-Harbour 3000 VTS systems in two Moroccan ports, Jorf Lasfar and Mohammedia. Transas has won these orders following the success of Soremar…
ABS Prepares For Anticipated LNG Growth
With the global LNG (liquefied natural gas) market forecast to double in size over the next decade, industry is readying to provide ample liquefaction capacity to meet demand.
STX Shipbuilding Wins Orders
According to wire reports, STX Shipbuilding of South Korea has won orders from two companies for seven chemical product carriers for a combined $210 million. Four 70…
Caterpillar® Announces New Global Petroleum Manager
Caterpillar announces the appointment of Jim Bielenberg as Global Petroleum Manager to lead Power Systems Petroleum Business worldwide. Bielenberg will be based in Houston…