The Navy's top admiral joined his sea service counterparts to discuss the importance of the sea services at the Sea-Air-Space Service Chief Update Panel today.Speaking to members of national and international defense industries, Chief of Naval Operations (CNO) Adm…
The U.S. Navy is planning sea trials for a weapon that can fire a low-cost, 23-pound (10-kg) projectile at seven times the speed of sound using electromagnetic energy, a 'Star Wars' technology that will make enemies think twice, the Navy's research chief said…
A family of four rescued from their sailboat after the youngest of two children became seriously ill are due to return to California on Wednesday aboard a U.S. warship that picked them up over the weekend, Navy and Coast Guard officials said…
PACC Offshore Services Holdings (POSH) is looking to raise between $304 million and $334 million in a Singapore listing, according to a term sheet seen by Reuters.POSH, which is part of the empire of Malaysia's richest man, Robert Kuok, operates a fleet serving offshore oilfields in Asia…
Spain's cuts in subsidies for renewable energy will hit company revenues by about 1.7 billion euros ($2.34 billion) this year, the country's competition regulator CNMC said in a report on Monday.The government is cutting renewable subsidies…
Larry Porter, Master Trainer at Mississippi Gulf Coast Community College, was the recipient of the Gulf States Shipbuilders Consortium’s 2014 Navigator Award. Each year, GSSC honors an individual who has displayed outstanding leadership or made…
Capilano Maritime Design Ltd., a naval architecture design firm based in North Vancouver, BC, Canada, announced that John Shaw has joined the firm as Manager of Engineering.For the last six years, John was employed at Seaspan Shipyards where…
Wellsite Rental Services, LLC (WRS), a comprehensive, rental equipment provider for the drilling and production sectors of the oil and gas industry, has appointed Rex Ferrier as vice president - Texas operations. Ferrier joins Wellsite…
Gasoline barge prompt cracks in northwest Europe gained on Monday, supported by exports to West Africa, the United States and elsewhere as demand builds ahead of the peak summer season. Reuters shipping data showed a flurry of new vessels booked to carry gasoline or its components…
North Sea Forties crude differentials retreated on Monday as traders said last week's move higher on the back of tighter May supply was overdone, despite the possibility of a VLCC cargo to South Korea in late April.Forties differentials…
The German government will give its blessing on Tuesday to a sweeping reform of renewable energy laws designed to slow cost increases as Europe's largest economy moves to nearly double its green power share to 45 percent by 2025.Chancellor…
Clean tanker rates on the transatlantic route edged higher on Monday helped by light bookings although the market continued to struggle with a glut of vessels.Rates for medium-range (MR) tankers for 37,000 tonne cargoes on the TC2 route from Rotterdam to New York were at W124…
NCS Survey, an Acteon company, has appointed Simon Goldsworthy as business development manager in its Aberdeen office.Goldsworthy will be responsible for building relationships with existing and potential clients and growing NCS Survey’s presence in the offshore industry globally…
Former Marine Hose Executive Extradited from Germany to Face Charges of Participating in Worldwide Bid-Rigging Conspiracy.Romano Pisciotti, an Italian national, was extradited from Germany on a charge of participating in a conspiracy to suppress and eliminate competition by rigging bids…
Ice, reportedly more than 4 feet thick in places, effectively stalled the resumption of the coal trade on the Great Lakes in March, the Lake Carriers’ Association said. Only three coal cargos were loaded: one on Lake Superior, one on Lake Michigan and one on Lake Erie…