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…
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…
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, 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…
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 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…
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…
Seanergy Maritime Holdings Corp. announced its operating results for the second quarter and six months ended June 30, 2011. For the second quarter, Seanergy reports net revenues of $27.8 million, EBITDA of $13.6 million, and a net profit of $…
Box Ships Inc., a shipping company specializing in the seaborne transportation of containers, announced its results for the period from its Initial Public Offering on April 14, 2011 (“IPO”) to June 30, 2011 (“second quarter of 2011”).Company’s Highlights:- IPO on April 14…
The nuclear-powered aircraft carrier USS Harry S. Truman (CVN 75) changed command in Norfolk on August 5.Capt. Tushar R. Tembe relieved Capt. Joseph M. Clarkson as Truman's commanding officer during a ceremony at the Half Moone Cruise and Celebration Center at Nauticus museum…
Clear-Com, a voice communication systems company, has announced that Broadcast Technical Services (BTS), an integrator of broadcast services for industrial marine ship suppliers, has selected the Clear-Com Encore™ partyline and Tempest®2400…
Concordia Maritime has now completed the upgrade of two of its P-MAX tankers to chemical class III, so-called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil…
Signal International announced the option to build the second articulated tug/barge (AT/B) vessel has been exercised by Kirby Ocean Transport Company of Houston, Texas. Signal’s state-of-the-art continuous flow manufacturing facility in Orange…
Huntington Ingalls Industries has announced that its Newport News Shipbuilding (NNS) division delivered the Virginia-class submarine California (SSN781) to the U.S. Navy yesterday. The delivery came more than eight and a half months early to…
Rowan Companies, Inc's board of directors has authorized the company to repurchase up to $100 million in shares of its common stock. Repurchases under this program, effective immediately, will be made through the open market or in privately negotiated transactions…