STX Europe Holding AS, a wholly owned subsidiary of STX Europe AS (STX Europe), has agreed to sell part of its equity interests in STX OSV Holdings Limited (STX OSV) to investment funds affiliated with OZ Management LP (Och-Ziff). The placement of 215…
BMT Group Ltd, announced the appointment of Jayne Matthews as Manager, Operational Risk. Jayne will be responsible for leading and managing risk and risk support activities, as well as the internal audits of BMT Group and BMT subsidiary companies…
Excellent financial results have been reported by the Shipowners’ Club for the trading year ending February 2011. Positive growth or improvements across almost all parameters have been recorded, from increased tonnage and numbers of vessels entered…
International classification society Bureau Veritas has certified Philippines-based manning agency Maryville Manila Inc for compliance to the Maritime Labor Convention MLC2006 on a voluntary basis. This is the first manning agency to be certified by Bureau Veritas in the Philippines…
Genoa-based classification society RINA has been authorized by the U.S. Coast Guard to conduct plan review and approval and initial and subsequent surveys for U.S.-flagged cargo and passenger vessels. Under the agreement signed yesterday, RINA has received delegation for Load Line…
HOTA (Humberside Offshore Training Association Ltd) and McAusland & Turner Ltd have joined forces to create a bespoke Vessel Familiarization Course utilizing the facilities at HOTA’s Albert Dock site in Hull.Established in 1888, McAusland…
The American Association of Port Authorities (AAPA), a trade group representing port authorities throughout the Western Hemisphere, has selected 22 seaports to be recognized for exemplary projects, programs and initiatives at its annual awards event later this summer…
Offshore Marine Management (OMM) has launched a new survey and subsea business this week, which will focus on surveying, cable and structural subsea inspection and subsea engineering. Recently appointed Director of Survey and Subsea, Arron Burrows…
Koji Sekimizu of Japan has been elected as the Secretary-General of the International Maritime Organization (IMO), effective January 1, 2012, for an initial term of four years. The vote took place during the 106th session of the IMO Council…
Classification society ClassNK has announced that it will reorganize its Board of Directors as part of a larger corporate reorganization, effective July 1, 2011. As part of the reorganization, ClassNK’s four current Managing Directors -- Shosuke Kakubari…
RESOLVE Marine Group, Inc. (RESOLVE) announced that John Curley has joined the company as Commercial Director for RESOLVE Salvage & Fire (Europe), Ltd. (RSFA). As Commercial Director of RSFA, Curley is the corporate representative and industry liaison for RESOLVE and its subsidiary companies…
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) announced that the maximum civil penalty rate for Outer Continental Shelf Lands Act (OCSLA) violations will increase from $35,000 to $40,000 per day; and from $25,000 to $30…
Keppel Singmarine Brasil (KSM Brasil), Keppel Offshore & Marine Ltd (Keppel O&M)'s new 7.6-ha shipbuilding facility in the state of Santa Catarina, has secured two newbuild contracts worth about $113 million from fleet operators in Brazil.The…
OSX, an EBX Group Company focused on offshore naval industry, received the Installation License for its Shipbuilding Unit, which will be installed at the Açu Superport Industrial Complex, in São João da Barra (RJ). The document was issued on June 22nd…
The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015…