Bumi Armada Berhad secures syndicated Indian banks term loan facilities of up to US$276.4-million for FPSO 'Armada Sterling'.Malaysia-based international offshore oil and gas services provider, company Bumi Armada Berhad announced today that its jointly controlled entity…
Gilat Satellite Networks Ltd contracted to upgrade undisclosed navy's IP-based satellite communications system.As part of the contract, Gilat will deliver redundant SkyEdge II hubs, RF transmission capability and VSAT terminals that offer increased bandwidth efficiency throughout the Navy units…
A new SeaBus ordered from Damen Shipyards to replace 'MV Burrard Beaver' serving the city of Vancouver & the North Shore communities.MV Burrard Beaver, which was built in 1976 and has reached the end of its useful life, is safe for service…
The Commission has awarded over €1.2 billion to 23 innovative renewable energy technology (RES) projects. The projects cover a wide range of renewable energy technologies from bioenergy (including advanced biofuels), concentrated solar power and geothermal power to wind power…
Australian Maritime Safety Authority (AMSA) & the Commonwealth Scientific and Industrial Research Organisatio (CSIRO) join forces.Under a Memorandum of Understanding, ASMA will draw on the scientific knowledge and technical support of CSIRO before…
Electronic SEEMP solution from NAPA proves almost 6% annual reduction in fuel consumption for a 2860 lane meter Bore RoFlex vessel,In advance of International Maritime Organisation’s (IMO) ship energy efficiency management plan (SEEMP) legislation becoming mandatory from January 2013…
A new European Union regulation gives passengers travelling by water improved rights to assistance in cases of cancelled or delayed departures.Passengers travelling by water are set to enjoy improved rights to assistance in cases of cancelled…
The 'CMA CGM MARCO POLO' (16 000 TEU) christened at the Zeebrugge Container Terminal in Belgium during maiden European voyage.The ceremony was performed by 'Godmother', Mrs. Naila Saadé, President of the CMA CGM Corporate Foundation and wife of Mr…
Volvo Penta announce key appointments to its newly-formed Volvo Penta Region Americas organizational structure.The company's organizational realignment brings together all of North, Central and South America, and the Caribbean under a unified management structure…
2013 budgets approval reflects strong financial performance & commitment to investments tied to its Strategic Action Plan. In 2013, the Port intends to continue improving its business lines by attracting more projects to its Foreign-Trade Zone and development finance programs…
The company is subject to the jursidiction of several courts, but restructuring is essential in order to avoid bankruptcy.The Company previously announced on 5 October 2012 that some of its subsidiaries which had obtained protective orders…
The future 'USS Zumwalt' (DDG 1000), completes a major construction milestone with the successful lift & integration of deckhouse module.The 1,000-ton deckhouse was fabricated by Huntington Ingalls Industries in Gulfport, Miss., and delivered to the Navy in October 2012…
Dan-Bunkering (America) Inc. has appointed David Kazmierski as Bunker Purchaser as of 1 December 2012.David has over 30 years of experience within trading, inspection and bunker operations, and his employment with Dan-Bunkering is expected…
In a meeting of the creditor committee, and acting on the suggestion of the insolvency administrator, Berthold Brinkmann, P+S WERFTEN decided in favor of the Lürssen Group (Bremen) as the buyer of the Peene shipyard in Wolgast. This decision…
Captain Dennis Brand will rejoin TITAN Salvage, Crowley Maritime Corporation’s Pompano, Fla.-based, marine salvage and wreck removal company, as director of global commercial operations, reporting to company Managing Director Rich Habib on January 2…