'The slow start to 2013 is truly disappointing,' says Øyvind Eriksen, Executive Chairman of Aker Solutions ASA.Aker Solutions decided to disclose preliminary information on its financial performance in the first three months of 2013 as the…
Officials from NACE International & ministries of defense convene to compare best practices in combatting material degradation.The U.S. and its allies are serious about battling corrosion on aging aircraft, ships, submarines, and ground vehicles…
HitecVision acquires 100% of Deep Sea Mooring, a subsidiary of Odfjell Drilling, a privately owned international drilling contractor. Deep Sea Mooring is a significant provider of rented mooring equipment, pre-lay mooring solutions and ancillary…
Northrop Grumman Corporation has donated $5,000 toward construction of a memorial to the Navy submarine 'USS Thresher'.The company has made this donation in memory of two employees who perished when the Thresher sank in the Atlantic Ocean 50 years ago…
Disney Cruise Line's first ship, 'Disney Magic', is due to be refitted & modernised during her Fall 2013 drydocking in Spain.Included in fairly extensive renovations and interior additions will be the creation of an area that gives a chance…
Drydocks World, one of the world’s largest yards, present Annual Awards for Excellence in Health, Safety & Environment. The event was held to coincide with the World Safety & Health Day on 28, April 2013, initiated by the International Labour Organization (ILO)…
On April 10, 2013 the American Shipbuilding Suppliers Association (ASSA) hosted a roundtable discussion between 35 representatives from member companies; the Honorable Sean Stackley, assistant secretary of the Navy for research, development & acquisition (ASN RD&A)…
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships.The gross proceeds from the offering before the underwriting discount and other offering expenses are $100…
As the Hudson River begins to melt the Coast Guard buoy tender 'Katherine Walker' heads north towards Albany, N.Y.The Katherine Walker is a 175-foot buoy tender, homeported in Bayonne, N.J. Its major mission includes the servicing of aids to navigation throughout New York Harbor…
Container ship owners Box Ships Inc. release their financial results for the quarter ended March 31, 2013.Mr. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., commented on the report:'Our sector is…
The Board of Directors of leading US carrier in the Pacific, Matson Inc., declares its second quarter cash dividend of $0.15 per share.'I am pleased to announce that our Board of Directors have authorized our second quarter 2013 dividend,' said Matt Cox…
Greene’s Energy Group (GEG) promoted Stuart LeBlanc to Northern Regional Manager for the Testing and Services business unit locations in Imperial and Towanda, Pa., said President Eric Langlinais. LeBlanc will oversee the day-to-day operations…
Ports America CEO Michael Hassing announced the appointment of John Carver to the position of executive vice president of business development, effective May 1.Carver, domiciled in New Jersey, will report directly to President and CEO Michael…
Rapp Hydema formed a new affiliate company, Rapp Hydema Canada Marine Incorporated. The new company will be associated with manufacturing and servicing of company’s lines, including winches and LARS (launch-and-recovery systems).Expanding…
International law firm Ince & Co. announced the imminent promotion of three lawyers to the partnership.DubaiRania Tadros – Rania has experience in commercial arbitration and litigation within the shipping and energy and offshore markets…