Renewable energy technology developer, Principle Power, was awarded a Department of Energy grant worth $4M and up to $47M in total funding, to support its WindFloat Pacific Demonstration Project.Principle Power has announced the list of official project partners…
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Glencore Grain B.V., Rotterdam, through a separate wholly-owned subsidiary…
SpotterRF was one of 15 industry partners selected to participate in a Department of Defense (DOD) demonstration seeking cutting edge technologies with high potential of improving the warfighter's mission effectiveness and survivability. The…
The Wind Turbine Installation Vessel Windcarrier 2 has been delivered to Fred Olson from Lamprell's Jebel Ali UAE facility.Completion and delivery o f the vessel, five months after the delivery of its sister vessel, the Windcarrier 1 'Brave Tern'…
The European Community Shipowners' Associations (ECSA) supports a European Union initiative to monitor emissions.ECSA considers that the best way to collect the required data for monitoring compliance with exhaust gas emission regulations is by means of Bunker Delivery Notes (BDN)…
Pacific Drilling S.A. sign a $1 billion senior secured credit facility agreement to finance construction of the Pacific Sharav & Pacific Meltem.The term loan made pursuant to the credit facility will have a maturity of 5 years from the delivery date of the Pacific Meltem…
Pacific Tugboat Service, a member of the Port of San Diego's Green Business Network, has converted its fleet of 20 vessels.Shore power, also known as cold ironing, is the process of switching from a ship's onboard diesel power supply to shore-based electrical power while the ship is at the dock…
Dutch EU Naval Force Frigate 'De Ruyter' apprehends 9 suspected pirates off the coast of Somalia.A Panama-flagged merchant ship reported the presence of the pirate group and soon after the warship's helicopter located the two skiffs, whose occupants threw material overboard…
Transocean pleads guilty, sentenced to pay $400-million in penalties for criminal conduct leading to the disaster.Transocean Deepwater Inc. has pleaded guilty to a violation of the Clean Water Act (CWA) for its illegal conduct leading to the 2010 Deepwater Horizon disaster…
Holland's Imtech Marine has upgraded and extended the coverage of its Global VSAT Network. In addition to an already extensive network Imtech Marine now offers VSAT coverage between South America and Africa, an important area for the international maritime industry…
TE SubCom starts production on Chevron's Big Foot undersea fiber optic communications system in deepwater U.S. Gulf of Mexico. Big Foot is a tension-leg platform located approximately 225 miles south of New Orleans, LA in water depths of 1…
Rescue ONE® a provider of multi-use, interoperable boats for fire, rescue and law enforcement wins the hefty Thai contract.In late 2011, Thailand was severely impacted by flooding, accounting for over 800 deaths and affecting 13.6 million people…
GAC Bahrain has its commitment to ethical business practices confirmed with certification by TRACE International.TRACE International Inc. is a non-profit membership association that offers practical and cost-effective anti-bribery and anti…
Huntington Ingalls Industries (HII) hosted U.S. Sen. Tim Kaine (D-Va.) for a tour of the its's Newport News Shipbuilding (NNS) division.The senator met with shipbuilders to discuss potential defense budget cuts and learned how they impact NNS' maintenance and construction work…
Landing Craft Air Cushion (LCAC) modernization programs keeps them operational until replaced by the new 'Ship to Shore Connectors'.Originally designed to be in service for 20 years, the program will extend the class’s operational life to 30 years…