People & Company News


Obama's Title XI Policy Challenged by AFP

Aug 30, 2012

American Flagship Project challenges President Obama to explain why his Administration has blocked America’s entry into the $40 billion-a-year foreign-dominated cruise sector.The Obama Administration has announced a policy prohibiting the…

New Bunker Trader with A/S Dan-Bunkering Ltd.

Aug 30, 2012

New Bunker Trader with A/S Dan-Bunkering Ltd., CopenhagenA/S Dan Bunkering has announced that as from 15 August 2012 Oscar Obregon, 29, has been employed as Bunker Trader in A/S Dan-Bunkering Ltd.'s office in Copenhagen, Denmark. Oscar is originally from Mexico…

Will Watson joins AdvanFort as President

Aug 30, 2012

Maritime professional will lead the next generation of global security solutions. The AdvanFort Company today announced that maritime professional William Hughes (Will) Watson has joined the company as president. Will comes to AdvanFort…

Drew Marine Funded to Acquire Chemring’s Rescue Division

Aug 30, 2012

Babson Capital provides US$12-million In subordinated debt to support Drew Marine acquisition of Chemring Marine Group’s Rescue Division.Babson Capital Management LLC, a global investment manager with $149 billion in assets under management and operations on four continents…

China Navigation & Swire Offshore Join World Ocean Council

Aug 30, 2012

Leading Asian shipping companies China Navigation & Swire Pacific Offshore expand the global industry alliance on ocean sustainability.The China Navigation Co. Pte. Ltd (CNCo) and Swire Pacific Offshore Operations (Pte) Ltd (SPO), major…

Ship Service Provider GAC Announces Senior Appointments

Aug 30, 2012

The GAC Group announces key management appointments for its head office and local operations in Oman and the United Kingdom.Group Vice President for Human Resources Jan Farnelid will retire on 31 August and take on a consulting role with the Group until the end of the year…

Any Future for North Sea Oil & Gas?

Aug 30, 2012

Mark Goodall of Aker Solutions believes there is a future for N.Sea oil & gas despite the present focus on wind and nuclear energy power.Goodall explained that the low hanging fruit may have gone but there are still several significant new…

Nordic American Tankers Save Fuel

Aug 30, 2012

In a letter to shareholders Nordic American Tankers Limited Chairman & CEO pointed (amongst other things) to the fleet's fuel-saving measures.Herbjorn Hansson, company 
Chairman & CEO stated:NAT has made, and is continuing to make, important…

Arctic Oil Exploration to be Stepped Up by Statoil

Aug 30, 2012

Statoil will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget.Statoil's exploration experience in the Barents is already extensive…

Hurricane Isaac Passed, 'Jireh' Salvage Continues

Aug 30, 2012

Salvage crews & coral ecologists return to Mona Island, Puerto Rico, to cut apart the grounded freighter M/V Jireh.The U.S. Coast Guard and the rest of the response crew have been working carefully to cut up portions of the ship, in order…

Greek Ship Management Company Gains DNV Certifications

Aug 30, 2012

DNV awards ISO 50001 certification & SEEEMP conformity to the Greek shipping company Arcadia Shipmanagement Co Ltd.As commercial ship operators around the world continue to search for ways to lower their environmental impact and operating costs…

Telecom Provider Allies With Ocean Conservation Society

Aug 30, 2012

Perseus Telecom pledges support for Oceanic Society, a non-profit conservation organization that aims to preserve marine wildlife & habitats.Perseus Telecom delivers ultra-fast connectivity service while having an 'ultra' low impact environmentally…

Aker Solutions & Statoil awarded ONS Innovation Award

Aug 29, 2012

Aker Solutions & Statoil have been awarded the ONS Innovation Award for the Åsgard subsea gas compression system.Reservoir pressure in producing gas fields falls over time, causing gas output to decline. For production to continue and maximise recovery from the fields…

“Maritime … Or Not?”

Aug 29, 2012

Here is a multiple choice question:  which of the following contracts is considered to be a “maritime contract” under U.S. law? -    (a) a shipbuilding contract -    (b) a ship-sale contract-    (c) a ship-repair contract, and/or -…

German Shipyard Files for Insolvency; Buyer Sought

Aug 29, 2012

In recent the management of P+S WERFTEN have been involved in discussions with the representatives of the German Federal State of Mecklenburg-Western Pomerania and the German Federal Government, and with its customers, suppliers, employees,…

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