The U.S. Navy plans to conduct another passage near disputed islands in the South China Sea in early April, a source familiar with the plan said on Friday, the third in series of challenges that have drawn sharps rebukes from China.The exact…
Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14…
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway…
Dynagas LNG Partners LP enters into new long-term time charter agreements for two of its LNG carriers and maintains current level of cash distribution following its latest drop down from its Sponsor Monaco – March 31, 2016 –Dynagas LNG Partners LP…
Semco Maritime Norway informs it has been awarded a new framework agreement for supply of temporary staffing to Statoil ASA.The agreement applies to several types of specialists, both onshore and offshore, at Statoil’s installations and onshore facilities…
Statoil has, on behalf of relevant licensees, exercised options for previously awarded drilling service contracts for fixed installations. Options have been exercised for 17 installations on the Norwegian continental shelf.In 2012 Statoil…
Today, Kvaerner and its sub-contractors cut the first steel plates for the utility- and living quarters (ULQ) topside for the Johan Sverdrup field. The topside construction starts on schedule and budget. The Johan Sverdrup development is being executed with a high degree of Norwegian value creation…
Glander International Bunkering a global marine fuel, lubricant trading and brokering firm welcomes Guyson as Bunker & Lubricant Trader to the Singapore office. Guyson joins Glander International Bunkering with regional expertise in the…
MacGregor, part of Cargotec, has confirmed an important order to deliver hatch covers, cranes, deck machinery and steering gear to two new 25,600 dwt dual-fuelled handysize bulk carriers for Finnish owner ESL Shipping. The ice-class vessels…
After an extremely successful debut in 2015, the MARACAD Conference and Expo returns to Dubai once again in 2016. Under the patronage of His Excellency Dr. Abdullah Bin Mohammed Belhaif Al Nuaimi, Minister of Public Works Chairman of the Federal Transport Authority – Land and Maritime…
The American Maritime Partnership (AMP), the voice of the domestic maritime industry, today recognized U.S. Sen. Mazie Hirono (D-HI) with the 2016 Champion of Maritime Award. Sen. Hirono is honored for her long-standing support and commitment…
BlackRock Inc is planning to unveil a new U.S.-listed exchange-traded fund that will invest in all areas of the junk-bond market except the tattered energy sector, the asset manager said in a regulatory filing this week. The first-of-its kind fund…
U.S. Senator Lamar Alexander (R-TN) and Representative Mike Simpson (R-ID) have been jointly selected to receive the American Association of Port Authorities’ (AAPA) 2016 “Port Person of the Year” award.Marking its 104th year as the recognized…
Corvus Energy (Corvus) announced a multi-year agreement with LG Chem Ltd. (LG Chem). Under this agreement, LG Chem, a manufacturer of advanced lithium-ion batteries, will be a key supplier of lithium-ion pouch cells for Corvus’ next generation maritime energy storage systems (ESS)…
Damen Shipyards Group has developed a committed response to the increasing number of laid up Platform Supply Vessels (PSVs) resulting from the current predicament facing the offshore oil and gas industry. The Dutch company’s solution involves…