The NOAA Ship Thomas Jefferson wraps up an exceptionally eventful field season.After 193 days away from home, the hydrographic survey vessel completed 14, 768.9 linear nautical miles of survey that covered 352 square nautical miles of area in Long Island Sound and Block Island Sound…
Atlantic Petroleum gains entry to Norwegian Continental Shelf energy exploration through acquisition of Emergy Exploration AS.Atlantic Petroleum has issued a voluntary offer for 100% of the shares in Emergy Exploration AS, an independent…
Aberdeen (Scotland) based global shipping and energy services firm, Craig Group, has announced healthy results for the year ending April 2012.The privately owned, family-run business has reported turnover of £123.3 million with operating profits of £14…
Dolphin Marine, suppliers of marine geophysical services, presents Q3 and first nine months of 2012 financial resultsHighlights:· Revenues of USD 61.2 million, compared to USD 43.0 million in Q3 2011 · EBITDA of USD 28.9 million (47…
The intitiative is aimed to provide new opportunities for finance professionals and capital hungry maritime companies from around the world.To highlight more of the maritime value chain at its leading maritime event week, Nor-Shipping will enable copmanies to pair up…
Port of Los Angeles report that container volumes Increased .82% in October this year; up 4.69% compared to October 2011.Imports decreased 1.07 percent, from 368,842 Twenty-Foot Equivalent (TEU) containers in October 2011 to 364,881 TEUs this October…
Delaware River Port Community schedule a one-day donation drive.Organizers from private and public sector port businesses and agencies throughout the tri-state region have scheduled a one-day donation drive for Saturday, November 17, 2012…
Walter A. Poggi President and CEO of Retlif Testing Laboratories, Inc., received iNARTE certification (International Association for Radio, Telecommunications and Electromagnetics, Inc.) as “Master EMC Design Engineer.”The certification is awarded to those who demonstrate knowledge…
BIMCO will be opening its Shanghai Center office on the 25 February 2013 and in conjunction with the ceremony a unique “Senior Leadership Forum” will be held to further stimulate a mutually beneficial dialogue with the Chinese shipping community…
Dr. George Campbell Jr. named Chairman of Webb’s Board of TrusteesR. Keith Michel, Chairman of the Board of the Herbert Engineering Group of Companies, has been appointed President of Webb Institute, the country’s foremost school of Naval Architecture and Marine Engineering…
Webb Institute awards second ABS scholarship for 2012 for studies in naval architecture and marine engineering. Webb Institute, a four-year college specializing in Naval Architecture and Marine Engineering, has recognized the second ABS Scholar for 2012…
The Vendée Globe 2012-2013, is a round-the-world single-handed yacht race, sailed non-stop and without assistance, a serious test of endurance.The race started last Saturday and finishes in Les Sables-d'Olonne , in the Vendée département of France…
Work on the 'Endeavour' rig by local contractors in Homer nears completion prior to deployment for shallow water drilling off Alsaska coast.Before its acquisition in November 15, 2011, the Endeavour had been idle for several years, and Buccaneer and its venture partners…
The new company, CIT Maritime Finance will originate & underwrite blue water vessel financing & its managing director is Svein Engh.CIT Maritime Finance will offer senior secured loans, sale-leasebacks, and bareboat charters to owners and operators of oceangoing cargo vessels including tankers…
Container ship owners Hapag-Lloyd report increased revenue and profits in the third quarter 2012.Hapag-Lloyd was able to increase freight rates, revenue and results in the third quarter, although the market environment remains challenging…