ITS Group, a specialist provider of oilfield equipment and services to the global oil and gas industry, announced a $55m equity investment from leading energy-focused private equity firm Lime Rock Partners.The agreement provides Lime Rock…
Bisso Marine, provider of energy and maritime support services, has acquired a 12-man portable Saturation Diving System.The new SAT System has a working depth of 1,000 feet (300 meters). It features a dual-lock, six-man deck decompression chamber…
The first two of four 69.5-ft aluminium patrol boats for the Armed Forces of Malta (AFM) have been launched at Austal’s Western Australian facilities – less than seven months from initial contract signing.Launch of the remaining two aluminium vessels will occur in coming weeks…
Cummins Inc. (NYSE: CMI) has named Neil Harrison Director Marine for Europe, Middle East & Africa (EMEA). Working in close cooperation with the Cummins distributor network, Harrison will be responsible for all commercial marine business activities for the Engine Business Unit (EBU) within EMEA…
T.W. LaQuay Dredging, Inc., Port Lavaca, Texas, was awarded in Sept. 29, 2009 a $13,612,660 firm-fixed-price contract. The work consists of approximately 2,297,000 cubic yards of maintenance dredging with a shallow draft pipeline dredge; Levee work at confined placement area No…
Gladding-Hearn Shipbuilding, Duclos Corporation, has received a new pilot boat order from the Maryland pilots. Delivery of the new 53-ft in 2010, will mark the shipyard’s eleventh Chesapeake Class pilot boat since it was introduced in 2002…
In Bangalore, offshore oilfield services firm Great Offshore Ltd has run into fresh trouble after Axis Bank Ltd walked out of a deal to lend Rs350 crore to the Mumbai-based firm for funding the purchase of an oil drilling rig, currently under construction at Bharati Shipyard Ltd…
According to an Oct. 5 report from the Bangor Daily News, a budget bill that appears headed for final passage in Congress includes $5m for research and development of offshore wind turbines at the University of Maine in Orono. The appropriation…
Zodiac SOLAS, Chevanceaux, France, has developed a new escape slide system for small to medium-sized ships and high speed craft. The new Zodiac SOLAS MES MIS (Marine Evacuation System – Medium Inflatable Slide) is a double track slide that can…
Furuno, manufacturer of marine electronics, was honored with five awards at the 2009 National Marine Electronics Association (NMEA) Convention in Sanibel, Fla. This year’s event, held Sept. 30 to Oct. 2, celebrated the 38th anniversary of the NMEA awards…
Kvichak Marine Industries and Camarc Design, UK have teamed up once again this year in close cooperation with the owner to design and build three 72-ft all weather fast pilot boats, for pilot operation in the ports along the Dutch coast and operated by the Dutch Pilotage Organization ( DPO)…
1881-At daylight the crew of Station No. 1, First District (Carrying Point Cove, West Quoddy Head, Maine), sighted a schooner at anchor some four miles east-southeast of the station. She did not appear to be in distress, and as no signal was…
1884 - Department of the Navy establishes the Naval War College at Newport, RI (General Order 325).1940 - Fourth group of 8 U.S. destroyers involved in Destroyers for Bases Deal are turned over to British authorities at Halifax, Canada.1943 - In night Battle of Vella Lavella…
SpecTec AB (Sweden) has signed a contract with long term customer Laurin Maritime as agents for Anglo-Atlantic Steamship Co. Ltd. for the first new build vessel (Cavatina) which is the first in a series of five, built at Trogir shipyard in Croatia…
Crowley awarded three Thomas B. Crowley Sr. Memorial Scholarships to California Maritime Academy students Alesi Alapa, Todd Michel and Sean Sabeh during the Containerization and Intermodal Institute's Connie Awards presentation in Long Beach…