Horizon Line’s vessel modifications bring light to an interesting and somewhat mysterious equation. MarPro takes a closer look.Jones Act rules are tricky, but a close reading (and interpretation) can yield savings for cash-strapped shipowners…
Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will offer 38 million acres in the Central Gulf of Mexico for oil and gas exploration and development. Thesale…
The Great Lakes Towing Company and Great Lakes Shipyard have entered into another year as a partner in St. Martin de Porres High School’s Corporate Work Study Program. Four students, one from each grade level, work one day a week in various…
Underwriters should be asking more questions at the time of placing or renewing marine insurance to reduce the risk of major incidents and cut unnecessary costs, suggests Braemar (Incorporating The Salvage Association). Speaking at the International…
As an owner itself, Bibby Ship Management is able to understand and meet the exacting needs of ship owners, particularly during this difficult economic time.The company, sitting within the vast Bibby Group, is able to draw on its long history…
It could be argued that running an efficient, safe and profitable ship repair yard is one of the most difficult of all maritime jobs. First and foremost, unpredictability – in terms of planned and actual workload, as well as the very nature of the job themselves – is a recurring theme…
Moody's Investors Service says that operating results of BW Group (Ba2 negative) in 1H 2012 were better than expected, largely because of the higher charter rates achieved by the company for its vessels.'We had expected BW Group's performance to weaken…
Norway's Northern Offshore, Ltd announce that the last two wells of a 4-well program will not be drilled at the present time.The Joint Operating Company Vietgazprom, a joint venture between Petrovietnam and Gazprom, ('VGP') has given notice that the last two wells will not be drilled at present…
The first CO2-free power is now being fed into the Danish power grid from Anholt offshore wind farm. On its completion next year, the farm, with its total capacity of 400 MW, will be Denmark’s largest offshore wind farm and will deliver power equivalent to the consumption of 400…
Jack-up rig 'Maersk Endurer' contracted for 2-year drill off Cameroon, adding about US$ 100-million to Maersk Drilling's contract backlog.Maersk Drilling expands its activities in West Africa with the signing of a contract for the jack-up Maersk Endurer with Addax Petroleum…
Dave Grant has left Saab Seaeye after five years as Managing Director.Agneta Kammeby, chairman of Saab Seaeye Ltd says, 'Dave Grant has made a valuable contribution in the ROV business for offshore Oil & Gas. During his time with the company…
SOLAS amendments to mandate enclosed space entry and rescue drills agreed by IMO Sub-Committee on Dangerous Goods, Solid cargoes & Containers.Draft amendments to SOLAS regulation III/19 to mandate enclosed space entry and rescue drills were agreed by the Sub-Committee on Dangerous Goods…
42% of Maersk Line’s customers on the flagship “Daily Maersk” product between Asia and Northern Europe report direct savings on logistics costs. In 2011, Maersk Line launched Daily Maersk, providing customers with a ‘conveyor belt’ service between selected ports in Asia and Northern Europe…
Client Solution Architects LLC (CSA) wins contract to provide electronic & communications services to the US Navy & other government agencies.The contract is to provide electronic and communication services and solutions in support of mission capabilities for the US Navy…
More than 3,000 sailors & Royal Marines are geared up for a three-month deployment to the Mediterranean.'Cougar 12', which begins later this month, will see four warships, one amphibious support ship, a giant ro-ro ferry/transporter, three…