Clean tanker rates on the transatlantic route edged higher on Monday helped by light bookings although the market continued to struggle with a glut of vessels.Rates for medium-range (MR) tankers for 37,000 tonne cargoes on the TC2 route from Rotterdam to New York were at W124…
NCS Survey, an Acteon company, has appointed Simon Goldsworthy as business development manager in its Aberdeen office.Goldsworthy will be responsible for building relationships with existing and potential clients and growing NCS Survey’s presence in the offshore industry globally…
Maritime industry leaders have called for greater collaboration and consolidation in Asia to tackle challenges such as the rise over capacity, talent shortages and environmental sustainability, which are impacting the potential of the industry…
The Coast Guard Authorization Act of 2010 removed the size limit on offshore supply vessels (OSVs). The Act also directed the Coast Guard to issue, as soon as is practicable, a regulation to implement section 617 of the Act and to ensure the safe carriage of oil…
Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday, citing people familiar with the situation.Hayward is on a shortlist with Roger Agnelli…
The U.S. Coast Guard (USCG) Thursday released the report of investigation into the circumstances surrounding the grounding of the mobile offshore drilling unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, Dec. 31, 2012.A series…
Global inspection, repair, maintenance (IRM) and light construction company Harkand informs it has made a key appointment by securing Mike Brown as general manager of diving services in North America.A U.S. Navy veteran, Brown has considerable…
MHI president Miyanaga offers W\words of advice and encouragementMitsubishi Heavy Industries, Ltd. (MHI) held a ceremony this morning at Shinagawa Intercity Hall in Tokyo to formally welcome new employees joining the company this year. President Shunichi Miyanaga addressed the new recruits…
Maritime Unions have met in Auckland, New Zealand, to work towards a Regional Maritime Federation to build union strength throughout the South Pacific.The meeting brought together the Maritime Union of Australia (MUA), the Maritime Union of New Zealand (MUNZ)…
In SSI's Waveform Blog, SSI CTO Denis Morais provides insights into the rising tide of business and technology innovations in the shipbuilding and offshore industry.Morais has extensive experience and knowledge using various development…
Nordic American Offshore Ltd. (NAO) announced that Tor-Øyvind Bjørkli will join the company as chief executive officer (CEO), effective April 1, 2014. Tor-Øyvind will be working from out of the Oslo office on the same premises as Orion Tankers…
An engineering expert is set to talk at a Society of Petroleum Engineers’ (SPE) Aberdeen Section presentation this month, discussing the challenges associated with the analysis and design of offshore engineering equipment. Offshore marine equipment can be physically complex…
OSVDPA seeks to start training and certifying DPOs by the end of this year.A new organization, the Offshore Service Vessel Dynamic Positioning Authority, Inc. (OSVDPA), held its first board meeting Thursday, March 12, charting the course…
Representatives of Mammoet and other Dutch companies visited Tanzania to explore potential construction projects and investment opportunities in the East African country which has impressive growth rates and large stocks of underseas gas it is looking to develop…
Intertek expanded its Exploration and Production services in the Middle East by investing in a new £1.4 million facility in Abu Dhabi. The laboratory will house cutting-edge equipment that will enable the organization to provide high-specification…