Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent…
Rickmers-Linie, part of Hamburg’s Rickmers Group, has extended its executive board. Rüdiger Gerhardt has been appointed Managing Director and Ulrich Ulrichs becomes Deputy Managing Director. Mr Gerhardt has been working for Rickmers since 1978…
U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards throughout the United States to help modernize facilities, increase productivity, and help make the country’s small shipyards more competitive in the global marketplace…
American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced the appointment of John W. Wood Jr. as chairman of the Board, effective August 16. He replaces former chairman and company founder, Gregory J…
Sonardyne International’s Ranger 2 USBL (Ultra-Short BaseLine) acoustic positioning technology has played a crucial role in a scientific mission to discover a new eco system on the floor of the Atlantic Ocean. The Irish led VENTuRE expedition…
Hutton's has signed an exclusive contract to supply medical equipment and to provide annual survey services for Vector Offshore Limited.Vector's fleet of offshore support vessels operates out of Aberdeen and each uniquely carries two Autonomous…
Transocean Services AS, a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), announced an all cash voluntary offer for 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. The Board of Directors of Aker Drilling…
DnB NOR has appointed Vidar Andersen as the new head of its Shanghai branch succeeding Espen Lund who has returned to the bank’s headquarters in Oslo after an eight year stint as China country head.Vidar Andersen said today: 'I am very pleased…
The Nautical Institute announces today that it is to expand its accreditation services. Members input, which has fed into the Institute’s current five year strategic plan, highlights that focus on competency and professionalism across the entire maritime industry is greater than ever…
LOS ANGELES — The Coast Guard announces its National Preparedness Response Exercise Program (NPREP) pre-exercise Public Outreach events to be held Sept. 13, 2011 in Ventura, Calif., free of charge.Government and Industry experts will be…
Swire Oilfield Services, a provider of offshore cargo carrying units and associated services has appointed David Rae as sales director in line with its significant investment plans.Rae brings a wealth of knowledge and experience to the company…
Moore Stephens, understands that Her Majesty’s Revenue & Customs (HMRC) has agreed to re-examine, in consultation with the shipping industry, its earlier intention to unilaterally reinterpret the UK Tonnage Tax rules to the potential detriment of many shipowners…
Terresolve Technologies, an industry leader in producing environmentally safe lubricants and functional fluids, today announced that Stephen Fazekas has joined the company as director of business development. Fazekas holds more than 21 years…
Mastry Engine Center is well-known for its comprehensive training programs for recreational boat owners, dealers, the Navy and other customers. Recently Mastry expanded its scope, providing three-day training sessions for the US Coast Guard…
HMS Global Maritime completed the purchase of the steamboat American Queen. Built in 1995, the American Queen, at 419-feet long, is the largest, most opulent riverboat ever built and offers 222 staterooms and suites that accommodate 436 guests attended to by a crew of 160…