A new factory trawler fishing vessel being built for Norwegian marine trawling operator Halstensen Granit AS is to feature a complete Wärtsilä propulsion solution. The vessel is under construction at the Tersan yard in Turkey and the Wärtsilä equipment is scheduled for delivery in mid-2016…
Transocean Ltd. today announced that Lars Sjöbring, Senior Vice President and General Counsel, has informed Transocean that he will be leaving the company. Mr. Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31…
Lars Sjöbring, Senior Vice President and General Counsel at Transocean Ltd., will be leaving the company, Transocean announced today.Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31, 2015…
K-Sim Navigation and K-Sim DP, Kongsberg Maritime’s latest generation ship-handling and Dynamic Positioning simulators have been chosen to further advance Tsakos Group’s capabilities at its newly established training center, the Maria Tsakos TCM Academy in Athens…
Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET. Edelweiss now controls 70% of the Indian yard’s debts. A month ago plans were made to change the yard’s name to Bharati Defence…
Offshore contractor Subsea 7 has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field in the UK North Sea. The ultra-high pressure, high temperature field…
Singapore's offshore services provider Sembcorp Marine has won an engineering, procurement and construction (EPC) contract worth over USD1 billion for the Culzean field development project in the North Sea. Sembcorp Marine subsidiary SMOE…
The state-run China Daily says that India's plans to conduct oil exploration off Vietnam coast in the South China Sea is 'illegal and is an 'unwise move' that may 'sabotage' positive momentum in ties. 'India's intention to once again explore…
Sembcorp Marine subsidiary SMOE Pte Ltd has secured an Engineering, Procurement and Construction (EPC) contract worth over USD One billion (including long lead items) from Maersk Oil North Sea UK Limited.The contract includes the building…
Oceanographic services company Horizon Marine, a recent CLS Group acquisition, has brought on three new hires in its Marion, Mass. Office, the company announced today. The Loop Current activity over the past year has cost the industry millions…
U.K. Chancellor of the Exchequer George Osborne toured NorSea Group’s U.K. headquarters during a visit to Aberdeen this week. During the tour, Walter Robertson, MD of NorSea Group, gave the Minister an update on the work the company is carrying out in support of the subsea…
State of the Arctic Council to establish a new mechanism to strengthen operational cooperation and coordination of activities at sea. This is dictated by the need to provide security in the Arctic waters.The eight countries of the Arctic Council (AC)…
Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is the first Damen Twin Axe vessel to be used in the Middle East for safe passenger…
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines.In lieu of conventional heavy oil, the system supplies liquefied natural gas (LNG)…
United States' President Barack Obama defends his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean. He insisted that there was no contradiction between his climate change agenda and Arctic drilling. “I share people's concerns about offshore drilling…