Rowan Companies, Inc's board of directors has authorized the company to repurchase up to $100 million in shares of its common stock. Repurchases under this program, effective immediately, will be made through the open market or in privately negotiated transactions…
Donjon Marine Co., Inc. has been awarded a $41 million-dollar, ceiling-priced, indefinite-delivery/indefinite-quantity, cost-plus-award-fee contract for marine salvage, salvage-related towing, harbor clearance, ocean engineering and point-to-point towing services to support the U…
Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect (PL 265) in the North Sea.Well 16/2-8, drilled by the Transocean Leader drilling rig…
Energy North, formerly North Scotland Industries Group (NSIG), is launching the first annual Energy North Awards to celebrate energy in Scotland.The 130-plus member organization’s awards will recognize contribution to developing the energy…
BMT Nigel Gee Ltd, a subsidiary of BMT Group Ltd, has won an order for the design of a 25m all electric, 150 passenger ferry in China.In order to demonstrate the practical use of a battery-powered ferry within the estuarial and coastal waters…
The Industrial District of Dubai Maritime City, the enclosure for maritime related businesses, reported a twofold increase in number of operations from last year at the half-year mark of 2011. A total of 318 vessel docking and undocking operations were carried out till the end of June 2011…
Transocean Ltd. has appointed Rob Shaw to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H…
Huntington Ingalls Industries announced today that its Newport News Shipbuilding (NNS) division has partnered with The Mariners' Museum to share the shipyard's history through a collection of 51 photographs. The exhibit, named 'Always Good Ships…
Inmarsat (LSE:ISAT) has announced the commercial availability of a new voice distress service on FleetBroadband.The free-to-use service ensures that, in the event of an emergency, all non-priority telephone calls underway on the vessel’s FleetBroadband are interrupted…
The Panama Canal Authority (ACP) and Port Everglades renewed their strategic alliance today with the signing of a Memorandum of Understanding (MOU). First signed in August 2009, the MOU, which is renewable for five years, solidifies both entities’ dedication to growth and best customer practices…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Rob Shaw has been appointed to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Mr. Shaw assumes this position, Robert L. Herrin…
The American Salvage Association (ASA) presented The American Waterways Operators’ (AWO) Chairman Peter Stephaich and President Tom Allegretti with a Chelsea brass ship’s striking clock as a way to recognize AWO’s support during the eight years that ASA was a valued member of the Vessel Alliance…
Container shipping leader APL’s on-time performance in the Trans-Pacific trade was 94% for the first half of 2011. In its mid-year report on 2011 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival…
Seanergy Maritime Holdings Corp. has announced the results of the annual meeting of its shareholders held yesterday at the company's executive offices. The following proposals were approved and adopted:1) The election of Dale Ploughman and…
Tidewater Inc. has announced first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share…