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Arctic Council Sign Oil Spill Agreement

May 21, 2013

At their recent meeting the circumpolar states of the Arctic Council have agreed to tackle oil spill disasters as a team.The Agreement on Cooperation on Marine Oil Pollution Preparedness and Response in the Arctic—the Council’s second ever…

Passenger Ship Grounded off Scotland Coast

May 21, 2013

The passenger ship 'Serenissima' grounded Monday night in Oban Bay, was refloated the next day & awaits underwater inspection.The UK Maritime and Coastguard Agency reported that the Stornoway Coastguard was alerted and was told that the ship had ran aground on sand and gravel…

Port of LA Wins Presidential 'E Star' Award

May 21, 2013

The Port of Los Angeles’ Trade Connect program has earned the nation’s highest honor for promoting American export trade.The Port was among the 2013 honorees recognized for export sales or service during an “E” Award ceremony at the U.S Department of Commerce headquarters in Washington…

U.S.-based Hercules Offshore Sells Most of Inland Fleet

May 21, 2013

Hercules Offshore agrees sale of 11 inland barge rigs, which includes three active rigs, eight cold stacked rigs and related assets  (Inland Asset Package) for cash proceeds of approximately $45 million.Excluded from the 'Inland Asset Package' are the Hercules 27…

China Development Bank Grants Paragon Credit Facility

May 21, 2013

Greece's Paragon Shipping Inc. obtains a $69-million credit facility with China Development Bank  to partially finance its two 4,800 TEU containerships currently under construction.The two container ships on order are expected to be delivered in the second quarter of 2014…

Metron Get Navy R&D LDUUV Contract

May 21, 2013

The Department of Defense award Metron Inc. a contract for development of a large displacement unmanned undersea vehicle (LDUUV).Metron, Inc., of Reston, Va.,is being awarded a $7,287,619 cost-plus-fixed-fee contract  to include in-lab…

China Gains Formal Arctic Council Recognition

May 21, 2013

At the recent 8th Ministerial Meeting of the Arctic Council, China and another 5 states were granted observer status in the organization.Founded in 1996, the group now has eight member states in the Arctic region, including Russia, the United States…

Ian C. Strachan Elected Transocean Chairman

May 21, 2013

The Board of Directors of the company elected Ian C. Strachan to serve as Chairman of the Board effective May 18, 2013.Mr. Strachan replaces J. Michael Talbert who was not re-elected at the company's annual general meeting held on May 17, 2013…

National Maritime Day Celebrates Role of Merchant Mariners

May 20, 2013

National Maritime Day is May 22; & this year celebrates the thousands of civilian mariners who support freedom as part of the Navy’s Military Sealift Command.Rear Adm. T.K. Shannon , commander, Military Sealift Command, wrote in honor of Maritime…

Admiral Papp to Explain USCG Arctic Strategy at CSIS Forum

May 20, 2013

Admiral Robert J. Papp, 
Commandant of the U.S. Coast Guard, to address the Center for Strategic & International Studies (CSIS) forum on May 21, 2013.CSIS Europe Program will host a Military Strategy Forum on the Coast Guard's strategic vision for its future role in the Arctic…

Marjorie Shymske Appointed President of Quest Construction

May 20, 2013

Quest Specialty Chemicals, a leader in the specialty coatings industry, appoints 'Marj' Shymske president of its subsidiary.With over 30 years of experience in sales, marketing and management, with an emphasis on assembling effective teams and successful business expansion…

Shipwrecks Pose US Sea Pollution Threat

May 20, 2013

New NOAA report presented to the US Coast Guard examines national oil pollution threat from shipwrecks in US waters.The report finds that 36 sunken vessels scattered across the U.S. seafloor could pose an oil pollution threat to the nation's coastal marine resources…

W&O Realizes SeaCor Pipe-dream

May 20, 2013

W&O designated preferred North American distributor of first United States Coast Guard-approved marine plastic piping system.W&O, a global supplier of marine pipe, valves and fittings, valve automation, and engineered solutions, has partnered…

Sea Star Line Appoint Tim Nolan Executive VP

May 20, 2013

Tim Nolan, as Executive Vice President, will report to Peter Keller, President and be domiciled at Sea Star headquarters in Jacksonville, Florida.Tim has a broad background in liner shipping to include management accountabilities in Chile…

Revolutionary SHARC Subsea Cutter Quicker & Safer

May 20, 2013

Chet Morrison Contractors SHARC℠ increases diver safety and reduces job time by 60%.Chet Morrison Contractors has developed an innovation in subsea cutting that offers substantial improvement over existing technologies. SHARC℠ (Subsea Hydraulic…

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