International Container Terminal Services, Inc. (ICTSI) subsribe to shares giving it a 65% share in Hijo International Port Services Corp.International Container Terminal Services, Inc. (ICTSI), through its wholly- owned subsidiary Abbotsford Holdings…
Due to continuous delays in the construction and delivery of two Kamsarmax bulkers, Ultrabulk cancels.The bulkships were originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, but the yard failed to finish the construction within agreed contractual delivery terms…
Marcel Onkenhout, CEO of Oceanco wins the 'International Superyacht Society's Excellence in Innovation Award' 2012.The award, open to every aspect of the marine industry, is given to an individual or business that has demonstrated innovation in their endeavours within the previous year…
Sonardyne Asia Pte Ltd. to launch ALDS (Automatic Leak Detection Sonar} at upcoming OSEA Singapore expo.ALDS has been designed to continuously and automatically detect and localise oil and gas leaks below 1 barrel per day in excess of 500…
Norway's Havyard Group AS buys 70 % of the shares in MMC, provider of products & services to the fishing & offshore vessel sectors.MMC has 120 employees and the company’s main office is at Mjølstadneset in Fosnavåg on the west coast of Norway…
The National Oceanic & Atmospheric Administration (NOAA) are increasing their vigilance to protect the seasonal whale calving grounds.Despite NOAA advertising the speed restrictions it seems vessels are continuing to flout the speed limitation…
GAC Pindar forms a new venture with global freight forwarder TNL International to offer specialist marine leisure logistics services.The new partnership, named TNL GAC Pindar, is headquartered in Auckland, New Zealand. It serves Australia…
A subsidiary of Seadrill to buy the ultra-deepwater semi-submersible rig 'Songa Eclipse' for a price of US$ 590-million.The rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in December 2013…
Global offshore positioning specialists Veripos introduce a new inertially-aided precision GNSS solution for dynamically positioned vessels.The new system, Verify Axiom, combines tthe latest GNSS positioning technology advances with high…
The International Shipping Federation (ISF) concerned at low implementation levels of ILO Convention 185.Speaking in Manila, at a seminar organised by the International Federation of Shipmasters' Associations (IFSMA), ISF Director of Employment Affairs…
Norway's Marin Teknikk AS wins Otto Candies of Louisiana contract to design & engineer a Subsea Support & Construction (SSCV) vessel.The vessel will be built at the owner's private shipyard, Candies Shipbuilders to a new design from Marin Teknikk – MT6020…
The joint venture company, OneSubsea, is to manufacture and develop products, systems and services for the subsea oil and gas market.This new company intends to offer a step change in reservoir recovery for the subsea oil and gas industry…
The Coast Guard suspends the search for two missing crewmembers, following the Black Elk platform explosion and fire.US Coast Guard crews searched a 1,400 square-mile area in the Gulf of Mexico around Grand Isle for more than 32 hours in an effort to locate the two missing crewmembers…
Under leadership of new owner, Lee Heaton, US-based Venture Boat Company features modernized new additions to its range.Venture Boat Company has undergone a complete modernization, adding a number of innovative improvements to their existing models…
Naval Surface Warfare Center (NSWC) Carderock received a patent Nov. 13 for their discovery and development of a new smart material called Galfenol.Galfenol is a magnetostrictive smart material that can be used in sensors, actuators and structural supports…