Ocean Rig UDW Inc. (NASDAQ:ORIG) signed a new drilling contract for its semisubmersible drilling rig “Eirik Raude” with an independent operator, for work offshore West Africa. The maximum total revenue backlog, to complete the 3 well program is estimated at $52 million for a period of 60 days…
Star Bulk Carriers Corp. (Nasdaq: SBLK), said that its Board of Directors approved the extension of the Company’s Share Repurchase Plan, which has been in place since 2010, to December 31, 2012. The plan calls for the repurchases of Common…
Start the year off right with the newest addition to your fleet. Vessels come with lots of manuals and instructions as well as increasing amount of high-tech equipment. That said and even if it just involves a new digital camera or Blu-Ray Player…
Inchcape Shipping Services launches state-of-the-art anti-piracy solution. Cost effective armour protection provides unrivalled countermeasures to safeguard vessel and crew welfare. Inchcape Shipping Services (ISS), a maritime services provider…
While forecasts of financial gloom dominate mainstream news casts, there is an emerging feeling of optimism in fo the near term prospects for the oil and gas business. Oil and gas industry leaders have forecast improved performance and higher levels of capital expenditure this year…
International law firm Wikborg Rein has recruited Joe McGladdery as a partner in its London office. McGladdery joins from Qatar Gas Transport Company Limited (Nakilat) where he acted as the company's General Counsel and as a board member…
MarineCo UK orders another two offshore wind High Speed Support Vessels with Damen Shipyards. Order comprises 2 HSSVs and an option for 2 more. Scottish offshore service provider MarineCo UK has placed an order at Damen Shipyards for two more High Speed Support Vessels (HSSVs)…
The EMSA-contracted Stand by Oil Spill Response Vessel Salina Bay arrived this weekend on site of the Costa Concordia to assist SMIT Salvage, who is in charge of the bunker removal and pollution response operations. Preparations are on-going…
During November and December 2011 the Swedish Navy received the last two of four state of-the-art AUVs (Autonomous Underwater Vehicles) from the Danish company EIVA a/s.The AUVs are equipped with advanced sensors in the form of sonars and…
Sahar Zarghamian joins OW Bunker as a Bunker Trader. OW Bunker, a supplier and trader of marine fuel, today announced the appointment of Sahar Zarghamian as a new Bunker Trader on its Fujairah desk in a move that further strengthens OW Bunker’s presence in the Middle East…
Offshore Support Vessels Summit Releases the Survey Result on Energy Efficiency OSVs. A new survey conducted by the Oil and Gas IQ asked more than 200 offshore maritime experts to present their views on energy efficiency OSVs. The survey shows that a significant 87…
Thuraya Signs Service Partner Agreement with Africell Holding to Serve African Markets. Abu Dhabi, 23rd January 2012: To embolden its distribution network in Africa, Thuraya, an international mobile satellite operator has signed a service…
Safety of passenger ships – Costa Concordia accident and Commission review of safety legislation. Vice-President Siim Kallas, European Commissioner for Transport has asked that the currently ongoing review of EU passenger ship safety legislation…
Miami River Compnay Sen tenced to Five Years Probation and $1,000,000 Fine for Oil Pollution and Ballast Water Crimes. Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, Rear Admiral William D. Baumgartner, Commander…
The Maritime Authority of Jamaica is delighted to announce the return of its Director of Shipping Policy Eric Deans who has completed a Ph.D in Marine Policy at the University of Delaware. Dr Deans is well known throughout the shipping industry…