Fincantieri subsidiary Fincantieri Oil & Gas S.p.A., completes acquisition, intend to buy more shares.This acquisition marks Fincantieri's entry into a market segment complementary to its current ones. With 21 shipyards in 3 different continents…
Belgium's Euronav reported a net loss of US$ 31-million in its Q4 2012 financial report.The result of the fourth quarter is affected positively by the revaluation at marked-to-market levels of non cash items (unrealized) such as hedge instruments on interest rates for a total of US$ 600…
FSIV (Fast Support Intervention Vessels) 'Bourbon Sirocco' delivered & 'Bourbon Shamal' soon to be delivered.Designed by Piriou Ingénierie and Mauric Design, and built by the Piriou SEAS shipyard in Vietnam, this brand new series relies…
Offshore & onshore drilling specialists Momentum awarded Environmental, Health & Safety management certifications.In a statement Momentum's Managing Directore Mr. James C. Larsen said: 'We are honored to receive both [ISO 14001: 2004 and…
Ship onshore power alternative provision to take several years, but clean fuel requirement by 2014.It will take several years for the government to introduce onshore electricity power facilities at the Kai Tak cruise terminal but a law requiring…
New ClassNK-approved container-type Ballast Water Treatment System (BWTS) installation technology. Mitsubishi Heavy Industries, Ltd. (MHI), working jointly with Mitsui O.S.K. Lines, Ltd. (MOL), has developed installation technology of a ballast…
Over 100,000 seafarers currently committed to the CrewCashCard, with a total potential of 1.5-million more to come.CrewCashCard eliminates many well-known pain points for both ship owners and their respective crew. Immediate benefits are achieved…
Aquatic Engineering & Construction (AEC) appoints Martyn Conroy to Europe, Middle East & Africa (EMEA) region.Aquatic, an Acteon company, has the ability to lay flexible and semi-rigid product on the seabed, with wide experience of off- and onshore installations…
ReCAAP issue 'Tug Boats & Barge' guide to help owners, operators and crew stay safe from hijacking and piracy.The guide contains inputs and experience of tug boat owners, operators and masters whose vessels had been robbed or hijacked; and modus operandi of the robbers and hijackers…
Braemar Shipping Services, international provider of shipping, marine & energy services, issues interim financial statement.The interim management statement refers in relation to the period since the announcement of the interim results on 30 October 2012…
Finland's Steerprop wins orders from Russia's Severnaya shipyard & the Bharati shipyard in India for ECO CRP propulsors.The orders are for the new generation ECO CRP propulsors that are designed to provide the finest efficiency and maneuverability at even the highest speeds…
Pacific Drilling exercises contract option for Samsung Heavy Industries to construct another Ultra-Deepwater Drillship.The drillship will have a rated water depth of 12,000 feet, be equipped for 40,000 feet drilling depth, have accommodation…
Builders Feadship puts its World Superyacht award-winning 45m megayacht for sale at a reduced 29.8 million Euro price.From the moment of her launch Feadship had special plans for the 45-metre Helix. The world's leading luxury motoryacht…
An Atwood Oceanics subsidiary awarded drilling services contract by Mubadala Petroleum.The Atwood Orca, currently under construction at PPL Shipyard in Singapore, will have a rated water depth of 400 feet, 1.5 million pound hook load capacity…
Nautilus Marine Acquisition Corp. extends its tender offer for Assetplus Ltd. until end of January 2013.The completion of the tender offer is a condition to Nautilus' previously announced acquisition of Assetplus Limited. The extension is…