Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Rob Shaw has been appointed to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Mr. Shaw assumes this position, Robert L. Herrin…
The American Salvage Association (ASA) presented The American Waterways Operators’ (AWO) Chairman Peter Stephaich and President Tom Allegretti with a Chelsea brass ship’s striking clock as a way to recognize AWO’s support during the eight years that ASA was a valued member of the Vessel Alliance…
The Navy authorized the first cutting of aluminum for the sixth littoral combat ship, the future USS Jackson (LCS 6), at Austal's Modular Manufacturing facility in Mobile, Ala., Aug. 1. The 'first cut' is a significant ship construction milestone…
Donjon Marine Co., Inc., Hillside, N.J., is being awarded a $41,000,000 ceiling priced, indefinite-delivery/indefinite-quantity, cost-plus-award-fee contract for salvage, salvage-related towing, harbor clearance, ocean engineering and point…
Naval Architect Sam Stevens, from BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd an international maritime design, engineering and risk management consultancy recently undertook one of the biggest engineering challenges of his career to date…
Keppel FELS Limited (Keppel FELS) secured a repeat order from Transocean Offshore Deepwater Holdings Ltd, a subsidiary of Transocean Ltd. (Transocean) for US$195 million. Following its order of two jack-up rigs from Keppel FELS on 17 February 2011…
Container shipping leader APL’s on-time performance in the Trans-Pacific trade was 94% for the first half of 2011. In its mid-year report on 2011 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival…
Crude Carriers Corp. (NYSE: CRU), today reported its financial results for the second quarter of 2011. The Company reported a net loss for the quarter of $7.5 million or $0.48 per share, which compares with a $0.37 net income per share from the second quarter of 2010…
Seanergy Maritime Holdings Corp. has announced the results of the annual meeting of its shareholders held yesterday at the company's executive offices. The following proposals were approved and adopted:1) The election of Dale Ploughman and…
U.S.-flag vessel operators and allied industries engaged in domestic waterborne commerce today recognized the vital role the U.S. Coast Guard plays in keeping America’s waters safe and secure. The salute comes on the 221st anniversary of the legislation that established the Revenue Cutter Service…
Tidewater Inc. has announced first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share…
Lord Cullen and Linda Ellis are to be honored in the official naming ceremony of the newly-extended HOTA facilities on the training provider's Malmo Road site in Hull on Thursday, September 22, 2011. Staff members suggested ideas for the…
Keppel Shipyard Ltd has secured two contracts worth a total of S$146 million (over $120 million) to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit…
Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV.The new company…
The Bach Dang Shipbuilding Industry Corp on August 1 reportedly delivered a cargo ship to its client, the Northern Shipping Joint Stock Company (Nosco), according to a report on http://english.vovnews.vn. The 6,500 DWT ship is one of the 20ships…