US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog.For the quarter ended September 30, 2012, Conrad had net income of $4.4 million and earnings per diluted share of $0…
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…
Crew of Crowley-Managed Ocean Titan Awarded for Heroism at Sea with 2012 AOTOS Mariners’ Plaque. Officers and crewmembers of the Crowley Maritime Corp.-managed M/V Ocean Titan were recently honored with a 2012 Admiral of the Ocean Sea (AOTOS)…
BAE Systems entered into a definitive agreement with American Maritime Holdings, Inc. to acquire Marine Hydraulics International, Inc. (“MHI”), a privately held company that operates a shipyard, pier and waterfront facilities in Norfolk, Va…
The International Shipping Federation (ISF), which represents maritime employers globally, says that the low level of implementation of the International Labour Organization (ILO) Convention 185, concerning the facilitation of shore leave and crew transits…
Corporate Attorney Kritzman Joins Firm as Shareholder. Fowler White Burnett, P.A. said that Mr. Robert Kritzman has joined the firm as a Shareholder at the Fowler White Burnett downtown Miami office working in their general practice group…
Among container Carriers, Maersk Line currently has the largest number of vessels idle. A report by shipping analyst Alphaliner (Vol. 2012, Issue 46) reveals Maersk Line as the carrier with most vessels idled, currently 14 units with an aggregate capacity of 94…
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…