Winners Recognized for Innovative Products for OffshoreThe Offshore Technology Conference (OTC), which takes place May 6-9 in Houston, has announced 15 technologies that will receive the 2013 Spotlight on New Technology Award recognizing…
Transocean Ltd. announced that certain Funds affiliated with Carl Icahn submitted to the company for vote at its 2013 Annual General Meeting of Shareholders (AGM) a dividend proposal of $4.00 per share. Additionally, the Funds provided a notice…
Nor-Shipping 2013 opens just three months from now with a cast of speakers featuring top executives from world-leading companies covering the entire value chain of themaritime industry – from shipowners and technology and service companies to regulators and financiers…
Teledyne Technologies Incorporated announced today that it has completed the acquisition of RESON. RESON, headquartered in Slangerup, Denmark, provides high-resolution marine acoustic imaging and measurement solutions. The acquired company will operate under the name Teledyne RESON…
For the third consecutive year, the Panama Canal Authority (ACP) was recognized by the Ethisphere Institute as one of the World's Most Ethical Companies. According to the Ethisphere, this recognition highlights companies that outperform industry…
The Forum looked at a broad spectrum of topics concerning container shipping including: stowage and lashing, the potential for LNG vessels and bunkering, trends in the liner markets, high tensile steel and thick materials for ship building,…
Mr Dilip Kumar will take up the role of Country Manager for GL Garrad Hassan in India. India is the world's third largest market for wind, with annual installations doubling over the last several years. The reintroduction of a government…
Seaspan Ferries Corporation's installation of shore electrical power (also known as AMP) to receive Government of Canada funding.Shore power is a highly effective way to reduce marine diesel air emissions by enabling ships to shut down their…
Information provided by Meyer Werft, the builders of the 'Norwegian Getaway' is as follows:A fire leading to significant smoke formation broke out on a ship newbuilding in the covered building dock II. At present the shipyard’s fire brigade…
Ocean Rig UDW Inc international contractor of offshore deepwater drilling services reports unaudited losses in Q4 & year-end 2912 financial results.Year Ended December 31, 2012 Financial HighlightsFor the year ended 2012, the Company reported a net loss of $132…
Houston-based Oiltanking Partners LP to expand its terminal on the Houston Ship Channel to meet demand to export liquefied petroleum gas.Expansion plans include a new vessel dock and upgrades to existing ones and should be completed by the end of 2014…
The Coast Guard and local agencies continue to oversee operations to refloat the PSV 'Int'l Carrier'.The four person crew of the grounded motor vessel Int’l Carrier made an attempt to refloat the ship Tuesday evening after main propulsion was regained…
The government's transport bureau has proposed that HK harbor pilots be allowed to extend their service until 68 years of age.The proposal has been made to meet the needs of the shipping industry, reports 'The Standard'.Pilots over 65 who…
Horizon Lines, Inc announce it will move its northeast terminal operations to Philadelphia, Pennsylvania, from Elizabeth, New Jersey, effective April 11, 2013.After an extensive review of options and a detailed evaluation of other ports connecting the northeast to Puerto Rico…
Norway-based TGS will commence the Europe 2013 acquisition season with two 3D multi-client surveys in the Norwegian Barents Sea.The two surveys, both supported by industry funding, involve the Finnmark Platform 2013 (FP13) covering 3,500 km2 and the Hoop to Fingerdjupet 2013 (HF13) covering 8…