Aker Solutions ASA release fourth quarter and preliminary annual results 2012.Aker Solutions reported revenues of NOK 12.0 billion and earnings before interest, tax, depreciation and amortisation of NOK 1.2 billion in the fourth quarter of 2012…
Italian Visemar's new RoRo (construction at Cantiere Navale Visentini yard, near Venice) will be powered by twin MAN engines.The vessel will be powered by a complete MAN propulsion package featuring 2 × 9L32/44CR medium-speed engines., which each develop 5…
Hallin Marine Australia's Subsea Operations Vessel (SOV) 'Windermere' obtains NOPSEMA Safety Case certification.The National Offshore Petroleum Safety & Environmental Management Authority's (NOPSEMA) Safety Case acceptance enables the vessel…
Rolls-Royce announce that Ian Davis will succeed Sir Simon Robertson as Chairman. Mr. Davis will join the Board as a non-executive Director on 1 March 2013 and take over from Sir Simon at the conclusion of the Annual General Meeting on 2 May 2013…
European Union tax revenue authorities are on the alert for any infringement of complicated bunker fuel tax regulations.Honeypot Diesel Turn the key of one of the big ones and 10 minutes later you will have spent hundreds of Euros - and that is without even moving from the spot…
Caterpillar agree multi-year partnership with OCEARCH to help global research on sharks, key members of the ocean's ecological system.'Most people think sharks are invincible,' said OCEARCH founder Chris Fischer . 'But they are in real danger*…
Specialist for propulsion and power solutions, Tognum AG, has achieved its revenue and profit targets for the full year 2012.Revenues increased slightly last year by 1.4% as expected to €3.015 billion (2011: €2.97 billion). With an adjusted EBIT of €296 million…
The Coast Guard took off a female passenger from the disabled ship in the Gulf of Mexico under tow to Mobile.A Coast Guard 45-foot Response Boat — Medium crew medevaced a female passenger who reportedly suffered a stroke and transported her to Dauphin Island to meet emergency medical services…
Farstad Shipping ASA subsidiary, Farstad Supply AS, contracts with STX OSV AS for an Offshore Subsea Construction Vessel (OSCV).This new building is part of Farstad Shipping's expansion into the subsea market and represents an investment of approx NOK 825 mill…
The company's update includes new contracts, significant changes to contracts, & changes to estimated times out of service.Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company…
Acteon company, Seatronics Ltd., has appointed Jeff Holtom as regional manager in the Middle East. Based in Abu Dhabi, Holtom’s responsibilities at Seatronics Ltd. will include sales and marketing, overall Quality, Health, Safety and Environment…
Tankship & terminal storage owners/operators Odfjell also noted significant losses at their Rotterdam terminal in its Q4 2012 report.Jan A. Hammer, President/CEO Odfjell SE comments on the financial report as follows:The chemical tanker market improved seasonally towards the end of the year…
Port of Long Beach report surge in January container volumes, while those at Port of Los Angeles were slightly down.Up – Port of Long Beach Cargo volumes at the Port of Long Beach surged in January with 17.5 percent more containers overall…
Third annual Cruise Shipping Asia-Pacific Conference to meet in Singapore, October 8-10, 2013.The two-day annual Cruise Shipping Asia-Pacific conference provides an opportunity to assess the pace and direction of growth in the world’s newest and growing cruise sector…
Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer.Greece's Nautilus Marine Acquistion describes itself as a newly-organized 'blank check' company (meaning that…