Latest News - page 2659


Kongsberg Supplies STAR Center with DP Technology

Aug 11, 2011

STAR Center, located in Dania Beach, FL, is launching into the Dynamic Positioning (DP) Training market, expanding its simulation training services to the offshore, cable laying and cruise ship markets in the Gulf of Mexico and beyond.In…

USCG Publishes NPRM for Inspection of Towing Vessels

Aug 11, 2011

WASHINGTON — The U.S. Coast Guard announced Thursday publication in the Federal Register of a notice of proposed rulemaking (NPRM) designed to improve safety on towing vessels.The NPRM provides a layered approach to towing vessel safety that…

Kirby Retires from SeaArk

Aug 10, 2011

SeaArk Marine announced the retirement of Vice President of Engineering, Casmer “Cas” Kirby. Kirby began his career with SeaArk Marine, Inc. in 1991 and was promoted to Vice President of Engineering for the company in 2006. During that time…

L-3 M&PS Expands in Brazil, Appoints Lobo

Aug 10, 2011

L-3 Marine & Power Systems (M&PS) has extended its presence into the Brazilian marketplace by opening a new office and appointing key local staff. All regional operations for the new Brazilian office will be led by Jonas Henrique Lobo. Lobo…

Star Bulk Execs Comment on Financial Results

Aug 10, 2011

Star Bulk Carriers Corp., a shipping company focusing on the transportation of drybulk cargoes, announced that its Board of Directors has declared a cash dividend of $0.05 per outstanding share of the company's common stock for the three months ending June 30…

EU Predicts R&D Investment Growth by 2013

Aug 10, 2011

Top R&D investing companies based in the EU expect their global research and development (R&D) investments to grow by 5% annually from 2011 to 2013. This is more than double last year's expectations, and represents a significant upturn from the 2…

Drewry Introduces Container Terminal Ownership Ranking

Aug 10, 2011

In this year’s 'Global Container Terminal Operators' annual report, Drewry Maritime Research has introduced an additional ranking of terminal operators which includes SIPG, China Merchants, Modern Terminals and Ports America in the Top 10. The…

ULSTEIN Establishes New Subsidiary

Aug 10, 2011

ULSTEIN has recently established a new company, Ulstein IDEA Equipment Solutions. This company will take over the activities of former IDEA Heavy Equipment b.v, a Dutch company that ULSTEIN has cooperated with in recent years.Ulstein IDEA…

DnB NOR Markets Announces New Appointments

Aug 10, 2011

DnB NOR Markets announces analyst appointments to its energy, offshore and maritime equity research team in Singapore. Kay Lim, CFA, has been appointed the bank’s new Head of Securities Research for Asia. Kay is also the regional offshore and yards analyst for Asia Pacific…

Donjon Welcomes New Tug, Caitlin Ann

Aug 10, 2011

On August 1, 2011, Donjon added the 2400-HP-class tug Caitlin Ann to its growing fleet to support the company’s dredging, marine salvage, bulk material transportation and marine demolition services.The addition of the Caitlin Ann increases…

Arctic Drilling: 4x More Expensive

Aug 10, 2011

DNV’s summer students presented the results of seven weeks of intense and targeted work with a concept for year-round drilling and exploration offshore north-east Greenland. More than anything their work unfolded a massive need for new technologies…

VSD Opens New Branch Office in the UAE

Aug 09, 2011

VSD, LLC (VSD) announces one of its subsidiary companies, VSD Global (VSDG), is set to open a new branch office today in the United Arab Emirates (UAE). VSDG was established in early 2011 in Saudi Arabia. VSDG UAE Branch Manager Ahmad Halabi stated…

WWH Reports 2Q Earnings

Aug 09, 2011

Wilh. Wilhelmsen Holding ASA's (WWH) topline lifted by continued increase in volumes transported deep sea. Underlying development in the group's activities is positive.The operating profit for WWH amounted to $1.4 million for the second quarter…

GFI Group Conducts First "Matching" on EnergyMatch Europe Platform

Aug 09, 2011

GFI Group Inc. has conducted the first matching* of dry freight forward freight agreements “FFAs” trades on its premier electronic platform EnergyMatch Europe.EnergyMatch Europe is GFI Group’s electronic trading platform for energy and commodities…

COOEC Signs Contract with SpecTec

Aug 09, 2011

China Offshore Oil Engineering Corporation (COOEC) signed a contract with SpecTec Asia Pacific East Ltd, SpecTec Group Hong Kong subsidiary. The contract is relevant to the supply of AMOS Maintenance and Procurement modules for six Offshore Support Vessels…

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