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Massive Ship Order in China

Mar 16, 2011

While banks keep lending tight, a massive $5 billion order in China should mark the official turnaround of shipbuilding's fortunes, as private equity in the form of The Carlyle Group and Tiger Group Investments Partner have teamed with Seaspan Corporation…

Oil Markets Adjust to Japan’s Disaster

Mar 15, 2011

Singapore, 16 March  — The 11 March earthquake and tsunami in Japan, and the continuing nuclear crisis that they triggered, will have significant repercussions in global energy markets, according to international energy price reporting agency Argus…

New Executive VP for Van der Velden Marine Systems

Mar 15, 2011

Paul van Maanen (48) has joined Van der Velden® Marine Systems as Executive Vice President. He brings with him years of experience as a Managing Director in the shipbuilding  and aircraft industries. Van Maanen will join the Corporate Executive…

Coast Guard Foundation To Welcome Uscg Barque Eagle

Mar 15, 2011

The Coast Guard Foundation, a non-profit organization committed to the education, welfare and morale of all Coast Guard members and their families, announced today that it will host a reception to welcome the U.S. Coast Guard Barque Eagle at…

L3 MPRI Installs Simulator in Philippines

Mar 15, 2011

ALEXANDRIA, Va., March 15, 2011 – L-3 MPRI, a global provider of integrated training solutions, which includes simulation-based training systems, services and turnkey training facilities, today announced the installation of its Safe Cargo Liquid…

New Report on Norwegian Energy Policy

Mar 15, 2011

Scandinavian country’s energy policies are a positive example for others to follow, according to new reportNorway  is  pursuing  ambitious,  forward-thinking  energy  policies,  but  could  go  further  in  its efforts to become a low-carbon economy…

Japan Drilling Company awards $210m jackup contract to Keppel

Mar 15, 2011

Keppel FELS Limited (Keppel FELS) has secured a contract worth about $210 million from Japan Drilling Company (JDC) to build a KFELS Super B Class jackup rig.Slated for delivery in the first quarter of 2013, the rig will be JDC's first newbuild…

Consiliums Oil Spill Detection Radar

Mar 15, 2011

The recently launched Oil Spill Radar by Consilium Marine & Safety was tested together with the Norwegian Coastal Administration and the Norwegian Clean Seas Association For Operative Companies (NOFO). Within months since the successful tests last July…

CMA CGM Group Launches its Eco-calculator

Mar 14, 2011

CMA CGM Group announces the launching as from April of an eco-calculator accessible to all its customers via its e-business platform.Measuring the environmental impact of their supply chain has become an increasingly important issue for many companies…

China Analyst’s Top 10 Marine Transportation Stocks with Highest Return on Equity

Mar 14, 2011

The financial website China Analyst has released their calculations for the top 10 marine transportation stocks with highest Return on Equity (ROE) ratio over the past year. Return on equity shows a company's efficiency in making profits from shareholders' equity…

Vivian Quenet Joins KVH to Manage Rapidly Expanding Growth Opportunities in Asia

Mar 14, 2011

KVH selects maritime satellite communications industry expert with 11 years of experience to lead sales efforts throughout the Asia-Pacific regionMIDDLETOWN, RI – KVH Industries, Inc., (Nasdaq: KVHI) is pleased to name Mr. Vivian Quenet as its new vice president of sales…

Rolls-Royce Expands in Rotterdam

Mar 14, 2011

Rolls-Royce opened its newly expanded and modernised Marine Service Centre in the Port of Rotterdam. The investment marks the latest stage in the development of a global Marine Service Centre network, which currently comprises dedicated repair activities in 34 countries…

TEN Reports 4Q Results

Mar 14, 2011

18th consecutive year of profitability Company declares quarterly dividend of $0.15 payable in April 2011 Total dividends reach $333 million since 2002 NYSE listing 2010 HIGHLIGHTS- Voyage revenues of $408.0 million. - Operating income of $80…

OilCareers.com Joins Forces With Air Energi To Announce Latest Oil & Gas Workforce Survey

Mar 14, 2011

Joint report anticipates a continual rise in recruitment with a steeper salary hike in the first half of 2011March 14, 2011: Salaries in the global oil and gas industry are to increase throughout 2011 according to a joint report from OilCareers…

UK P&I Club’s ‘Legal Briefing’ Focusses on BW Management

Mar 14, 2011

The UK P&I Club has chosen to focus its latest Legal Briefing publication on the International Convention for the Control and Management of Ships’ Ballast Water and Sediments, adopted by the IMO in 2004. Implementation of the Convention is now…

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