Capital Product Partners L.P. (NASDAQ: CPLP) secured long term fixed rate time charter employment with profit share arrangements for its remaining spot VLCC, the M/T Achilleas. In particular, the M/T Achilleas (297,863 dwt, built 2010 Universal Shipbuilding Corp…
Signal International announced that on November 16, 2011, its Texas Operations in Orange, Texas achieved one full year, working 451,116 man-hours, without the occurrence of an OSHA recordable incident, a significant safety milestone within the U…
Local relationships, backed by 80 years of experience, help this independent engineering and design firm make waves in the competitive Gulf Coast design and build markets. Founded in 1929, Gibbs & Cox naval architects have designed warships and auxiliaries in the U…
With the increasing use of armed guards on ships and the fear that second-rate security firms may take advantage of the piracy situation, BIMCO is forging ahead with the development of a standard contract for the employment of armed guards. The new contract…
H2O, Inc., a leading water system equipment provider, has named David N. Dixon Project Manager, announced H2O President Jess Fike.Based in Lafayette, La., Dixon’s responsibilities include project management and scheduling for complex engineering…
Wärtsilä Corporation reached agreement with the Board of Hamworthy plc, a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms…
Signal International announced that on November 16th, 2011, its Texas Operations in Orange, Texas achieved one full year, working 451,116 man-hours, without the occurrence of an OSHA recordable incident. This is a significant safety milestone…
JMS Naval Architects & Salvage Engineers (JMS) has named Blake Powell to the position of President. Mr. Powell previously served as Vice President. Rick Fernandes, who has been with the firm since its founding, has been named Vice President…
To put its marine insurance experience closer to their clients, agents and brokers, the Marine insurance unit at XL Group plc (NYSE: XL) announced additional underwriting appointments further establishing its inland marine field operation. XL’s new Inland Marine Field team includes Michael Perrotti…
One of the biggest and most modern ship repair yards in the Middle East, Oman Drydock Company (ODC), has recently received its first LNG carrier, the Muscat LNG, owned by Oman Shipping Corporation SAOC. As part of its middle term service, Muscat…
General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), won a contract for Hull, Mechanical and Electrical (HM&E) Machinery and Systems support by the U.S. Navy’s Naval Surface Warfare Center, Carderock Division (NSWCCD)…
November 191813- Capt. David Porter claims Marquesas Islands for the United States.1943 - Carrier force attacks bases on Tarawa and Makin begun.1943 - USS Nautilus (SS-168) enters Tarawa lagoon in first submarine photograph reconnaissance mission…
Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine…
The motto at Guido Perla & Associates, Inc. (GPA) for over thirty years and continuing to this day has always been: Engineering Ideas into Reality. For clients worldwide, no matter how large or small the project, from single vessels to an unprecedented number of vessels in one series…
International oil companies remain vital to the growth of Asian oil and gas industry. Asia still requires the injection of profit-driven innovation from international oil companies, sector leaders claim. Asia needs international oil companies…