Nordic American Tankers Ltd. Letter to Shareholders From the Chairman and CEO - NAT Is Different.Dear Shareholder,It is time to update you on recent developments in the Company and our industry. As we have stated before, it is at times…
Safety specialist Survival Craft Inspectorate wins multimillion-pound Shell contract. Aberdeen-based marine safety specialist Survival Craft Inspectorate has secured a multimillion pound contract to supply and service life-saving equipment in Shell’s Southern North Sea sector…
MOL Earns Commendation from Cambodian Government for Role in Transport of Medical Vehicles and Equipment. TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that it has received a commendation from the government…
Alaris Companies (Alaris) is helping the U.S. Coast Guard to save taxpayer dollars, decrease energy usage, and reduce greenhouse gas emissions with a unique fleet energy management program. Working under a previously announced Michael Baker Jr…
Designed to deliver petroleum products on the U.S. West Coast, the vessel is designed with safer, more efficient fixed-tank cleaning system. Crowley Maritime Corporation's Vision/650-10, the last of 10 Articulated Tug Barges (ATBs) in the 650-series new-build program…
Two 17-knot high-speed research vessels for the U.S. Geological Survey are to be dedicated at Great Lakes Shipyard, Cleveland, Ohio, on Wednesday, August 31, 2011.R/V KAHO and R/V MUSKIE will replace two of the USGS’s oldest research vessels…
American Pollution Control Corp. (AMPOL), a leading oil spill response and total environmental solutions provider, has completed the oil spill recovery and environmental cleanup on a recovered platform in Terrebonne Parish.Located offshore then transported to Dulac…
ABS Nautical Systems announced the redesign and release of its suite of asset management software, NS5. Continually evolving to meet industry needs, NS5 Enterprise has a versatile design that allows all users – from senior management to crew…
CMA CGM, the world’s third largest container shipping company, reported revenue of $7.3b for the first six months of 2011, an increase of 8% compared with the year-earlier period. Business benefited from an increase in volumes carried and stable freight rates on most of the group’s lines…
As the world economy sputters, so too do the expansion plans for India's state-owned Shipping Corporation of India (SCI), which according to a report on the www.business-standard.com will hold up on its plan to issue new tenders for new vessels…
August 271917 - Squadron of minesweepers departs U.S. for service off France1944 - USS Stingray (SS-186) lands men and supplies on Luzon, Philippines to support guerilla operations against the Japanese.1945 - Pacific Fleet ships enter Sagami Bay…
GL SeaScout 2.0 has been installed on board the MSC SAVONA, Reederei Claus-Peter Offen’s 14,000 TEU containership. GL Maritime Software’s navigational decision-making support system will help the vessel to optimise routing; minimising voyage costs while maintaining safe passage…
Fairmount Marine’s powerful tugs Fairmount Sherpa and Fairmount Summit have towed FPSO Skarv Idun to the field in the northern Norwegian Sea after it was completed and prepared in Norway. Both tugshad already performed the tow of FPSO Skarv Idun from Korea to Norway earlier this year…
Veson Nautical, a provider of maritime commercial management and trading software solutions, today announced that Dampskibsselskabet NORDEN A/S (NASDAQ OMX Copenhagen A/S: DNORD), one of the oldest and most respected listed shipping companies in the world…
The 65 oil companies covered in DnB NO’s fifth annual E&P spending report expect a spending increase of 14% in 2011, 8% in 2012 and 7% in 2013. For 2011 we expect activity growth in line with last year; however, service costs are increasing…