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Aker Announces Newly Formed Division
Aker Maritime, Inc. has formed a new Product Technology and Deepwater R&D group. This group will be headed by Dr. John Halkyard, formerly technical director of Deep Oil Technology, Inc.
Global Marine Q1 Earnings Hit by Rig Downtime
Global Marine Inc.'s first quarter earnings before taxes were cut about $5.2 million by rig downtime, company officials said. Officials also said it will take a…
Update on ENSCO 7500 Construction Project
ENSCO International Incorporated announced construction of the ENSCO 7500 semisubmersible rig is progressing satisfactorily at the Friede Goldman Offshore, Orange, Texas shipyard.
Kvaerner Sells Fabrication Yard, Changes North Sea Strategy
Kvaerner is selling its U.K. Teesside fabrication yard and reducing its reliance on North Sea offshore business, a company official said. The decision to sell the…
Offshore Market 2000: In like a lamb, out like a lion?
Though fraught with traditional starts and stops, peaks and valleys, it appears now the much-anticipated Gulf of Mexico offshore business rebound is imminent. Maybe.
Seabulk Reports 4Q Results
Seabulk International, Inc. has reported a net loss of $6.3 million for the quarter ended December 31, 2001. Included in the loss for the quarter is a writedown…
New Offshore Terminal Designs May Expedite LNG Deliveries
In the wake of announcements by the Federal Reserve about the need for more natural gas, Saipem Group, Single Buoy Moorings, Bluewater Offshore, Spectrum Energy Services…
Offshore Sector SCORE Remains Flat
GlobalSantaFe reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for January 2002 was down from the previous month's SCORE by 0.2 percent. previous month.
Salazar Stresses Importance of Panama Canal
The Panama Canal services more than 140 different transportation routes from every corner of the globe and serves as a critical global link between commodities and consumers.
OT Africa Line Makes Changes
OT Africa Line (OTAL) announced some changes to its North Europe – West Africa services. These take into account various factors including a slight downturn in overall trade volumes…
WWII Landing Ship Restored as Floating Museum/Memorial
The LST-325 (Landing Ship, Tank), a World War II amphibious vessel designed to land battle-ready tanks, troops and supplies directly onto enemy shores, will once again be plying the waters…
News: Seabulk Contracts for PSV in Brazil
Seabulk Offshore do Brasil, Ltda. finalized an agreement with shipbuilder Promar Brazil (Estaleiro Promara I) to build a UT-755L platform supply vessel (PSV) for delivery in the fall of 2004…
FMC SOFEC Wins Kizomba B Contract
FMC Technologies, Inc.'s FMC SOFEC Floating Systems unit has received an order for the design and analysis of the FPSO (Floating Production, Storage and Offloading)…
Feature: Staying the Course
Torch Offshore LLC is a Gretna, La-based integrated offshore contractor whose niche market is the installation of small diameter flow lines and related infrastructure…
Seabulk International Reports First Quarter Results
Seabulk International, Inc. reported net income of $1.6 million or $0.07 per diluted common share for the quarter ended March 31, 2003. In the year-earlier period…
IMO Issues Preview for Maritime Safety Committee
A revised Annex B to the 1988 Load Lines Protocol and amendments to the enhanced survey programme for bulk carriers and oil tankers are expected to be adopted when…
Richard du Moulin enters Atlantic Ocean
and entered the Atlantic Ocean. before a following breeze. days. reported. too light or too strong, and always from the wrong direction: west. pattern. rogue waves…
WesternGeco Awarded Contract
ExxonMobil Exploration has awarded WesternGeco a multiproject Q-Marine contract to cover three ExxonMobil assets in West Africa, the Gulf of Mexico, and the North Sea.
Antal Joins Port of Tacoma
James G. Tacoma as Director of Port Security. In this position, he is responsible for protection of personnel, preservation of assets and strategic direction for Port security. security management.
GlobalSantaFe West Africa and Southeast Asia SCORE Show Improvements
Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
