Samson has completed its 15,000-square-foot expansion at its Ferndale Washington facility. The expansion includes a new Innovation and Training Center (ITC) and several enhancements to the manufacturing area.According to Samson, the ITC…
The U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) will soon take action to ensure compliance with the forthcoming 0.10 percent fuel sulphur limits in the North American and U.S. Caribbean Sea Emmission Control Areas (ECAs)…
New studies show huge economic and energy potential of untapped offshore areasTwo new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added…
Oy Langh Ship Ab will receive a new managing director at the turn of the year, when the current managing director, Hans Langh, takes over as Chairman of the Board for the shipping company. Laura Langh-Lagerlöf has been elected as the company’s new managing director…
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Shanghai October 30-31, 2014. The meeting was attended by industry representatives including the chairman of Intercargo John Platsidakis…
Naiad Dynamics, an international manufacturer of ship motion control technologies, has introduced the first products in its new line of electric-powered stabilizer systems designed for use on ships operating both AtSpeed and AtRest.“These…
Huntington Ingalls Industries, Inc. (HII) announced today that it will sell $600 million aggregate principal amount of 5% senior notes due 2021 at a price of 100% of the par value.The company said it intends to use the net proceeds from…
Crowley Maritime Corporation recently awarded Thomas B. Crowley Sr. Memorial Scholarships to two University of North Florida (UNF) students who are also currently part-time employees with the company. UNF seniors Olivia Musselwhite and Matthew Petrone each received $2…
Maritime Reporter & Engineering News, the world's largest circulation b2b marine publication, announced that Applications for its Annual Awards Issue -- 'Great Ships of 2014' -- will close on Friday, November 21, 2014.This annual awards…
JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.Tay starts with the U.S. bank in January, they said. JPMorgan declined comment.JPMorgan completed…
Stolt-Nielsen Limited (Oslo Bors: SNI) said that on November 18, 2014, it agreed to purchase one million of its common shares (SNI) through a private tender of shares at a price of NOK 110.00 per share. The shares are purchased in accordance with the buy-back programme announced on November 18…
Nakilat-Keppel Offshore & Marine (N-KOM) received the Safety & Security Award at the inaugural edition of The Maritime Standard (TMS) Middle East & Indian Subcontinent Awards, held at Atlantis The Palm, Dubai. Sponsored by ADNATCO-NGSCO…
Dr. David Mazurek, a civil engineering professor at the U.S. Coast Guard Academy, has been named the winner of the 2015 U.S. Coast Guard Engineer of the Year Award.Mazurek was selected from a strong and diverse pool of exceptional nominees based on his educational…
Ocean Rig UDW Inc. a global provider of off-shore contract drilling oil services, today announced the following: On November 18, 2014, Ocean Rig’s $120 million loan to its majority shareholder, DryShips Inc. (―DryShips‖), was approved by…
Today, 19 November, is World Toilet Day when attention worldwide focuses on the 2.6 billion people who do not have access to sanitary facilities, and on the 768 million who do not have access to drinkable water. Antwerp Port Authority is eager to contribute towards solving this global problem…