Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems. Highlights for the first quarter of 2013:· Revenue from operations USD 16.5 million· EBITDA from operations is positive USD 7.2 million· Operating profit of USD 3…
Shuttleworth Design's 'Adastra' wins a 'Judges’ Commendation for Most Innovative Design' at the 2013 World Superyacht Awards.Shuttleworth Design was responsible for her exterior design, naval architecture and interior layout. Structural design was by Shuttleworth Design and ASTA…
Oil & Gas U.K. said it is pleased that a plenary vote in the European Parliament may see the introduction of a directive on offshore safety and environment.Robert Paterson, Oil & Gas U.K.’s health, safety and employment director, said: “Oil & Gas U…
The Long Beach Board of Harbor Commissioners' energy policy aims to secure a more sustainable and resilient supply of power as demand grows.The Energy Policy declares that the Port will implement measures to increase efficiency, conservation…
The Port of Seattle is now recruiting for its Veterans Fellowship Program.The Port of Seattle says it is dedicated to helping military personnel transition from active duty to civilian employment. The port understands the importance of veterans…
Greek Shipping Minister Kostis Moussouroulis announced the orders for Chinese shipbuilders on his recent visit to Shanghai.The orders, which were signed in April, accounted for more than 60 percent of the recent global orders of Greek shipowners…
Cruise Lines International Association (CLIA) has approved 'Cruise Industry Passenger Bill of Rights' detailing members' commitment to the safety, comfort & care of guests in a number of important areas.The CEOs of CLIA North American member…
Two Huntington Ingalls Industries' Newport News Shipbuilding (NNS) division employees were recognized recently at the CIO Leadership Event. Deborah Morewitz and Karen Ryan both received the annual 'Ones to Watch' Award that identifies rising stars in information technology (IT)…
Balance Point Control Ltd. (BPC), a Superior Energy Services, Inc. company, has developed the Concentric Snubbing Unit- 160 (CSU – 160) rig assist snubbing unit. According to BPC their new CSU-160 is the first fully remote-operated snubbing unit on the market…
Raytheon to unveil at upcoming CANSEC 2013 Expo an onboard navigation simulator that allows operators to train with the system they will use at sea.Raytheon Anschuetz, a German based, indirect, wholly-owned subsidiary of Raytheon Company, developed the embedded…
Bollinger Shipyards, Inc. deliver 'Paul Clark', the sixth Fast Response Cutter (FRC) for the United States Coast Guard.The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger: “We are very pleased…
Aker Solutions has laid the foundation stone of a new plant in Paraná that will double the company's subsea production capacity in Brazil.The plant in the city of São José dos Pinhais in the Paraná state in Brazil will be operational in 2015…
Marinette Marine Corporation a Fincantieri Company contracted to build an additional 4 Response Boats – Medium (RB-Ms) by the U.S. Coast Guard.With an approximate value of $9,400,000, the new boats are part of a multi-year, Coast Guard contract…
Port Commission approves Barbours Cut, Bayport, crane deals, new Bayport gate system.In keeping with its commitment to continue developing Bayport Container Terminal in addition to modernizing Barbours Cut, the Port Commission of the Port of Houston Authority at its May 21 meeting…
In the aftermath of Superstorm Sandy, there are enormous rebuilding efforts going on all around the waterfront. If you are a marine contractor participating in the rebuilding efforts, have you read your General Liability policy lately? The last…