Stig Eide Sivertsen is appointed as Chief Executive Officer of Electromagnetic GeoservicesBjarte Bruheim has decided to step down as Chief Executive Officer of Electromagnetic Geoservices ASA with immediate effect. He has held this position since 7 January 2015…
Liquefied Natural Gas Limited is entering into two additional key supplier alliance agreements (SAA) with Siemens Energy Inc. and EthosEnergy Group, respectively. These agreements call for LNGL to work collaboratively…
Royal Dutch Shell plc recently entered into an agreement with Thailand-based companies to develop a liquefied natural gas (LNG) terminal at the Dawei special economic zone in the Tanintharyi Region in Myanmar, says local daily Myanmar Times…
Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1…
Secretary of the Navy Ray Mabus hosted a ship-naming ceremony today to announce that SSN 799, a Virginia-class attack submarine, will bear the name USS Idaho.The submarine will be named to honor the history its namesake state has with the Navy…
Mariners are reminded that during a walk-through lockage at Iroquois Lock:• The vessel must maintain contact with the lock on marine VHF channel 17 during the entire lockage. The vessel may leave channel 17 only after having left the lock…
Diana Shipping Inc., has, through a separate wholly-owned subsidiary, agreed to extend the present time charter contract with Glencore Grain B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the MV Crystalia. The charter…
There are strong indications that the current economic crisis faced by Greece may truncate a vessel acquisition deal worth over $250 million with some Nigerian ship owners, reports BizWatchNigeria. Recently, some ship owners Association…
Royal Boskalis Westminster N.V. (Boskalis) achieved a very busy first half year with historically high profit and realized a net profit of EUR 306.5 million in the first half of 2015, a rise of 21% (H1 2014: EUR 253.0 million).Revenue in the first half of the year rose 1…
Lowrance, a world-leading brand in fishing electronics since 1957, announced today its renewed OEM partnership with Phoenix Bass Boats. Under the terms of the renewed three-year agreement, Lowrance is the standard electronic equipment on all Phoenix high-performance bass boats…
Hill Dickinson is pleased to announce that Captain Joe Quain, formerly of Bentley’s Stokes and Lowless, will be joining the firm as a partner in the Singapore office with effect from 1 September 2015 bringing the firm’s strength of Master Mariner lawyers to six in total…
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.1 million in the second quarter 2015, down from 32.3 million in the previous quarter and from USD 42.5 million in the second quarter 2014. Contract sales ended at USD 4.8 million…
Incat Crowther has delivered Wavelength 4, a 19m catamaran tour vessel claimed by its operator to be “the cleanest tour vessel on the Great Barrier Reef”.Built by Aluminium Marine in Queensland, Wavelength 4 features Incat Crowther’s…
Ultra Deep Group (UDS) signed another contract with China Merchants Heavy Industry to build a Ultra Deep Installer – Multipurpose Diving Support Construction Vessel. Even though the oil market remains in the doldrums, Singapore-based UDS is…
Viking Supply Ships AB has today appointed Ulrik Hegelund as Chief Financial Officer (CFO). Mr. Hegelund will also act as CFO in Viking Supply Ships A/S, and will take over the responsibilities as CFO in both companies as of 1st September…