People & Company News


Sea Trucks Sailors Kidnapped in Niger Delta, Guards Killed

Aug 05, 2012

Gunmen have attacked two Sea Truck ships, took 4 hostage, & killed two Nigerian Navy sailors protecting the vessels.The attack happened about 35 nautical miles off the coast of the Niger Delta, a region once beset by militant and criminal…

Qatar Navigation (Milaha) Increases Net Profit in H1 2012

Aug 05, 2012

Qatar Navigation (Milaha) Q.S.C. announce its financial results for the first half of 2012, ending June 30th.Summary financial results are as follows:    •    Operating revenues of QR 1.164 billion vs. QR 1.159 billion for the same period in 2011…

Ailing German Shipyard Appoints New CEO

Aug 05, 2012

Rüdiger Fuchs to become new Chief Executive Officer of P+S Werften, aims to re-define the German shipyard's business model.The experienced industry manager and qualified engineer (Daimler Group, Airbus and Sietas Group) will take over management of the company from Dr…

Chinese to Build its First Polar Research Vessel

Aug 05, 2012

The world’s move north to the Arctic for the exploration of energy resources has attracted global attention of Arctic and non-Arctic states. The newest player: China, which last month announced its plan to design and build its first ever Polar Research Vessel…

Major Offshore Scotland Wind Farm Project Awaits Go-ahead

Aug 03, 2012

Formal application for a project with 125 wind turbines off the coast of Angus, Scotland has been progressed.Formal application for approval of a £1.4billion project featuring up to 125 wind turbines has been put forward by Mainstream Renewable Power to the authority Marine Scotland…

Rough Weather on Tauranga Reef Halts 'Rena' Salvage

Aug 03, 2012

Maritime New Zealand (MNZ) liases with US salvors Resolve, meanwhile Braemar continues clean up work.With sea conditions remaining too rough for marine operations, Braemar Howells clean up teams have been hard at work tackling the fresh debris…

Horizon Lines Report Container Volumes Up in Q2 2012

Aug 03, 2012

Horizon Lines reports second-quarter 2012 financial results: container volume improves 3.6% from a year ago.Sam Woodward, President and Chief Executive Officer said 'Our overall adjusted EBITDA performance for the quarter was better than expected…

Arctic Well Drills by Shell to Increase Due to Delays

Aug 03, 2012

Royal Dutch Shell expects to drill 8 wells in the second half of its two-year Arctic exploration program, 3 more than originally planned.Stubborn ice sheets and permit delays have reduced the amount of time available for Shell to complete the first five wells this year…

U.S. Port Introduces Air Clean-up Incentive for Ships

Aug 03, 2012

Port of New York & New Jersey approves new environomental initiative scheme for ocean ships visitng the portsAs part of the agency’s ongoing initiatives to be a good steward of the environment, the Port Authority Board of Commissioners has…

Marine Underwriting Division Launched by Blades Marine

Aug 03, 2012

J. H. Blades's new marine underwriting division will underwrite brown water exposures for specialty retail agents and brokers.Specific coverages will include hull and liability, protection and indemnity, builder’s risk, miscellaneous marine liability…

British Minehunter Afloat After Lengthy Drydocking

Aug 02, 2012

Royal Navy minehunter HMS Chiddingfold is back in the water after spending eight months in dry dock for a significant upgrade.The ship has been fitted with new Caterpillar C32 diesel engines - replacing her old Napier Deltics - which will extend her operational life…

Matson Report Increased Operating Income in Q2 2012

Aug 02, 2012

Matson, Inc. announces its second quarter 2012 financial results.The financial results for the second quarter and first six months of 2012 reflect Matson's separation from its former parent corporation, Alexander & Baldwin, Inc., on June 29…

Deepwater African Offshore Project Sanctioned by Chevron

Aug 02, 2012

Chevron Corp. announce its subsidiary will develop Lianzi field in the Republics of Congo & Angola untized offshore zone.The field is located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water. The $2 billion development…

FPSO Towed Singapore to Brazil by Fairmount Tugs

Aug 02, 2012

Fairmount tugs safely deliver FPSO 'Cidade de Anchieta' after a 9,500 mile tow.Fairmount Marine’s super tugs Fairmount Glacier and Fairmount Summit delivered FPSO Cidade de Anchieta for placement in the Baleia Azul Field, offshore Rio de Janeiro…

Moller Tapped for NAVSAC

Aug 02, 2012

Blank Rome’s Jeffrey Moller Appointed to Navigation Safety Advisory Council.Jeffrey S. Moller, Blank Rome LLP Partner and Product Liability, Mass Torts, insurance Practice Group Leader has been appointed to the Navigation Safety Advisory…

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