Insurance market, P&I, in flux in the aftermath of 'Costa Concordia' disasterAfter an inauspicious start, 2012 will be another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the Euro zone…
From the Navy News Service 1848 - A Navy expedition to explore the Dead Sea and the River Jordan, commanded by Lt. William F. Lynch, reaches the Dead Sea. 1906 - The Navy assists in relief operations during the San Francisco earthquake and fire…
Forget 2012; work on the funds already awarded. Port terminals risk losing their one last shot at millions in FEMA/DHS Port Security Grant Funds if they don’t act decisively before Sept. 2012. As of Jan. 31, 2012 FEMA reports that the most at-risk port communities in America have banked $303…
Hydrex diver/technicians carried out three separate repairs on a 118-meter general cargo vessel while the ship was at anchorage off the coast of Port Gentil, Gabon. These on-site repairs allowed the customer to save precious time and money. The…
Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors…
Rear Admiral Mary E. Landry, USCG retired, has been named the Director, Incident Management and Preparedness Policy, U.S. Coast Guard. In this capacity, Ms. Landry will establish, develop, and implement policies, strategies and goals to…
Steven E. Avery, 56, of Bohannon, VA, Billy J. Avery, 81, of Virginia Beach, VA, and the corporation Sea Solutions, Inc., all pleaded guilty yesterday in Norfolk federal court to various environmental crimes stemming from their activities in the ship scrapping business…
European Commission adopts two new proposals on maritime labour standardsTwo new proposals adopted by the European Commission are set to bring the European Union into line with enforcements and compliance rules foreseen by the Maritime Labour Convention (MLC) 2006…
Textron Systems successfully demonstrate its second Fleet-class Common Unmanned Surface Vessel (CUSV)Textron Systems Advanced Systems, an operating unit of Textron Systems, a Textron Inc. company, announce that its second Fleet-class Common…
CNOOC Limited (NYSE: CEO, SEHK: 00883) announced that the Company has successfully appraised the Penglai(PL)9-1 hydrocarbon bearing structure following the discovery made in 2010. The appraisal confirmed that PL9-1 is a large oilfield. PL9…
Owners of wrecked 'Rena' held accountable by Maritime New Zealand, bulkhead down, wreck disintegratingMaritime New Zealand (MNZ) has charged the owner of the cargo vessel Rena, following the ship's grounding on Astrolabe Reef off Tauranga on 5 October…
On April 11, 2012, Director André Hollander and Sales Manager Theo Kloosterman announced the first shiprepair order of Damen Shiprepair Brest (France) by sounding the bell in the traditional way. It is the first vessel is booked under the new…
Seaspan Marine entered into a technology support agreement with STX Offshore and Shipbuilding Company Ltd. This partnership will optimize Vancouver Shipyard’s planned facilities upgrades for the Federal Government’s recently awarded $8 billion…
L-3 Westwood received orders totaling over $6.5m from Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding and General Dynamics Bath Iron Works (GDBIW) to provide power distribution equipment for the U.S. Navy’s DDG 114 and DDG 116 ships…
Exmar confirmed the sale of the LPG/C CHACONIA (28,070 m³ - built 1990) and the LPG/C ELVERSELE (37,511 m³ - built 1996). The vessels will be delivered to their new owners in April and July 2012, respectively. The total net sale price amounts to $48…