McDermott International Inc. received three separate engineering, procurement, construction, and installation (EPCI) projects in multiple Arabian Gulf fields. The EPCI contracts were given by a major national oil company; In addition to this…
Ensco Plc has concluded discussions with Petrobras regarding revised commercial terms with respect to some rig contracts. Ensco 6003 and Ensco 6004 had their contracts terminated effective May 1, 2016 by mutual agreement. Ensco said…
S. Korea’s Pan Ocean Co. is expected to see its earnings improve amid rising Baltic Dry Index (BDI) that affects spot contracts accounting for more than half of the South Korean bulk carrier’s total shipping contracts, reports the Pulse. It…
Foreign ministers and defense force chiefs from Indonesia, Malaysia and the Philippines signed a joint declaration on maritime security on Thursday, calling on all governments in the region to increase efforts to tackle marine threats, reports Jakarta Post…
The International Maritime Bureau (IMB) has warned foreign vessels to remain vigilant when sailing in the Horn of Africa, despite a lull in piracy incidents in the region. The IMB stated that there had been no piracy incidents reported…
The Maritime and Port Authority of Singapore (MPA) held a half-day ferry evacuation exercise today to test the readiness of various agencies to respond to potential ferry mishaps in the Port of Singapore. More than 150 personnel from eight agencies and companies took part in this exercise…
Hemisphere GNSS announces management changes; Xinping Guo named interim president and chief executive officer Hemisphere GNSS, Inc. today announced that Xinping Guo has been named interim president and chief executive officer, effective immediately…
Marine power generation and climate control products manufacturer Northern Lights, Inc. (NLI) has appointed 35-year industry veteran Kevin Kyle as Area Manager for the Great Lakes and Inland Waterways Region. Kyle will serve the needs of boat builders…
Webasto announced a strategy for growth in the North America Thermo & Comfort Division, led by new president and CEO, Mark Denny. With over 30 years of experience in the automotive and transportation industry, Denny brings a wealth of knowledge with proven results…
The U.S. Coast Guard announced last week that state-calibrated scales already in use at the Port of Savannah meet a new requirement of the international Safety of Life at Sea (SOLAS) Convention.“We would like to commend the U.S. Coast Guard for bringing clarity to the SOLAS issue…
Shell Shipping and Maritime, Americas recently held its third annual Goal Zero Hero Awards dinner in Houston, recognizing the crewmembers of 21 contracted/chartered vessels, who had the courage to intervene and clearly demonstrate their commitment…
Maritime and logistics service provider Inchcape Shipping Services (ISS) announced the appointment of Frank Olsen as Vice President, Ship & Crew Solutions. Based in Oslo, Olsen will aim to drive the growth and strategic development of ISS’ Ship & Crew Solutions…
The Campaign for Webb has so far raised $32 million, 80 percent of its $40 million goal, announced Webb Institute’s President Keith Michel ’73, Campaign Chair Joseph Cuneo ’57, and Chairman of the Board of Trustees George Campbell, Jr., Ph.D…
Maersk has been welcomed to the Port of Liverpool with a formal reception for its feeder vessel Antwerp. The event on April 27 was attended by Seago and Maersk representatives along with customers, and was followed by a port tour, including a trip to the top of the 90m Grain Tower…
Louisiana shipbuilder Bollinger Shipyards announced it has secured a contract to build Phase II of the Sentinel Class Fast Response Cutters (FRC) for the United States Coast Guard (USCG).The FRC, the newest generation of USCG patrol cutters…