One of the world’s largest independent offshore survey companies has announced a significant step forward in its growth plans with key appointments in Aberdeen and Naples.UTEC has recently appointed new general managers Jamie Laing and Andrew Stenson in Aberdeen…
Fincantieri subsidiary Fincantieri Oil & Gas S.p.A., completes acquisition, intend to buy more shares.This acquisition marks Fincantieri's entry into a market segment complementary to its current ones. With 21 shipyards in 3 different continents…
Belgium's Euronav reported a net loss of US$ 31-million in its Q4 2012 financial report.The result of the fourth quarter is affected positively by the revaluation at marked-to-market levels of non cash items (unrealized) such as hedge instruments on interest rates for a total of US$ 600…
Offshore & onshore drilling specialists Momentum awarded Environmental, Health & Safety management certifications.In a statement Momentum's Managing Directore Mr. James C. Larsen said: 'We are honored to receive both [ISO 14001: 2004 and…
Over 100,000 seafarers currently committed to the CrewCashCard, with a total potential of 1.5-million more to come.CrewCashCard eliminates many well-known pain points for both ship owners and their respective crew. Immediate benefits are achieved…
Aquatic Engineering & Construction (AEC) appoints Martyn Conroy to Europe, Middle East & Africa (EMEA) region.Aquatic, an Acteon company, has the ability to lay flexible and semi-rigid product on the seabed, with wide experience of off- and onshore installations…
Braemar Shipping Services, international provider of shipping, marine & energy services, issues interim financial statement.The interim management statement refers in relation to the period since the announcement of the interim results on 30 October 2012…
CEO, Matthew Mullett, acquires complete control of All American Marine from founder partner Pat Pitsch. Mullett joined AAM as CEO in 1999 and has served as the managing partner of the shipyard since he became co-owner in 2003. Under Mullett’s leadership…
Blumenthal Holdings, Radiator Specialty Company (RSC) LLC owners, acquire a majority stake in Terresolve Technologies, Ltd. Terresolve Technologies, LTD, is a leading manufacturer of biobased hydraulic and functional fluids and lubricants for the offshore marine…
Cocoa Beach resident Tom Weinberg will serve as Chairman of the Canaveral Port Authority Board of Commissioners for 2013. The former Chief of Staff for former Florida Sen. Mel Martinez was elected unanimously to the position during the first meeting of the year for the Board…
Norddeutsche Vermögen Group, Hamburg, and CONTI Group, Munich, have agreed to appoint Messrs. H. Schuldt Shipbrokers for the joint marketing of their container fleets as from January 2013. The CONTI Group will acquire a 50% share of H…
InterManager, the international trade association for the ship and crew management sector, has started the year by welcoming a new member.Ukrainian crew manager Alpha Navigation has been approved for Full Membership in what InterManager…
AkzoNobel’s Awlgrip business today announces the early retirement of industry legend and an Awlgrip founding member David Halcomb.David, or “Dr. Grip” as he is affectionately known in the industry, has finally decided that, after a career spanning 40 years in leading the way in topsides systems…
Singapore’s First Ship Lease Trust (FSL) report US$ 8.4-million loss for 2012, revenue slipped 4.2%.Financial report highlights: Successfully redeployed all spot vessels, but overall FY2012 performance affected by tough market conditions…
Kitsault Energy names Kitsault as an ideal location for a deep-water LNG terminal north of Prince Rupert, British Columbia.Located 800 km (500 miles) north of Vancouver, British Columbia and 140 km (85 miles) north of Prince Rupert, British Columbia…